Morningstar Fund Report  | 14/04/2025Print

BlackRock Strategic Funds - Sustainable Fixed Income Strategies Fund I5 EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock Strategic Funds - Sustainable Fixed Income Strategies Fund I5 EUR
Fund-7.15.41.0-0.32.2
+/-Cat-0.410.7-2.20.70.1
+/-B’mrk1.415.1-0.82.90.2
 
Category: Global Flexible Bond - EUR Hedged
Category Benchmark: Morningstar Gbl Core Bd GR ...
Key Stats
NAV
11/04/2025		 EUR 125.74
Day Change 0.34%
Morningstar Category™ Global Flexible Bond - EUR Hedged
ISIN LU1129992720
Fund Size (Mil)
11/04/2025		 EUR 2300.20
Share Class Size (Mil)
11/04/2025		 EUR 21.71
Max Initial Charge -
Ongoing Charge
10/02/2025		  0.68%
Morningstar Research
Analyst Report20/06/2024
Evangelia Gkeka, Senior Analyst
Morningstar, Inc

Investors in BlackRock Sustainable Fixed Income Strategies (formerly BSF Fixed Income Strategies) benefit from the depth, quality, and experience of its management team, the disciplined and established process applied over the years, and a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent24
Process24
Performance
Price
Investment Objective: BlackRock Strategic Funds - Sustainable Fixed Income Strategies Fund I5 EUR
The Fund seeks to achieve positive total returns over a rolling three year cycle in a manner consistent with the principles of environmental, social and governance “ESG” focused investing and seeking to reduce its carbon emissions profile by allocating to green bonds, lower carbon emitting issuers and issuers committed to decarbonisation. The Fund will seek to achieve this investment objective by taking long, synthetic long and synthetic short investment exposures. The Fund will seek to gain at least 70% of its investment exposure through fixed income transferable securities and fixed income related securities (including derivatives) issued by, or giving exposure to, governments, agencies and / or companies worldwide. The Fund will seek to achieve this investment objective by investing at least 70% of its total assets in fixed income transferable securities and fixed income related securities, currency forwards and, when determined appropriate, cash and near-cash instruments.
Returns
Trailing Returns (GBP)11/04/2025
YTD5.00
3 Years Annualised4.22
5 Years Annualised2.58
10 Years Annualised3.35
12 Month Yield 3.21
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Johan Sjogren
01/01/2016
Georgie Merson
14/05/2024
Inception Date
29/10/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Overnight ESTRMorningstar Gbl Core Bd GR Hdg EUR
Portfolio Profile for  BlackRock Strategic Funds - Sustainable Fixed Income Strategies Fund I5 EUR28/02/2025
Fixed Income
Effective Maturity10.49
Effective Duration1.01
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond95.951.1294.83
Property0.000.000.00
Cash5.513.162.35
Other2.820.002.82
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock Strategic Funds - Sustainable Fixed Income Strategies Fund I5 EUR
Category:  Global Flexible Bond - EUR Hedged
Category Index:  Morningstar Gbl Core Bd GR Hdg EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-1.26-2.929.97-7.125.411.01-0.332.18
+/- Category1.88-3.420.99-0.4510.75-2.250.690.10
+/- Category Index-1.44-2.01-0.371.4415.10-0.822.890.17
% Rank in Category605823944
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.34   -0.13-0.24
1 Week1.87   1.031.12
1 Month2.07   0.56-0.74
3 Months4.10   0.41-0.72
6 Months4.15   1.100.65
YTD5.00   0.39-0.28
1 Year4.93   0.39-0.20
3 Years Annualised4.22   2.303.64
5 Years Annualised2.58   1.704.68
10 Years Annualised3.35   1.241.73
 
Category: Global Flexible Bond - EUR Hedged
Category Index: Morningstar Gbl Core Bd GR Hdg EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.18---
2024-0.080.00-0.03-0.22
2023-0.95-3.782.643.25
2022-0.770.21-0.346.37
2021-4.930.470.02-2.78
2020-0.778.171.810.64
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighBelow Average5 star
5-YearAbove AverageBelow Average4 star
10-YearAbove AverageBelow Average4 star
OverallAbove AverageBelow Average4 star
 
Category :  Global Flexible Bond - EUR HedgedClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev4.88 %
3-Yr Mean Return3.12 %
 
3-Yr Sharpe Ratio-0.19
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Core Bd GR Hdg EUR  Markit iBoxx EUR Corp Subordinated TR
3-Yr Beta0.470.44
3-Yr Alpha2.540.66
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)EUR 2263
Maturity Distribution %
1 to 316.48
3 to 514.69
5 to 719.68
7 to 1015.59
10 to 1510.50
15 to 202.08
20 to 304.65
Over 3015.73
Effective Maturity10.49
Effective Duration1.01
Credit Quality Breakdown %     %
AAA13.56   BB12.39
AA10.55   B1.35
A25.64   Below B0.45
BBB35.27   Not Rated0.79
 
Category: Global Flexible Bond - EUR Hedged
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond95.951.1294.83
Property0.000.000.00
Cash5.513.162.35
Other2.820.002.82
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings3
Total Number of Bond Holdings1079
Assets in Top 10 Holdings11.16
NameSectorCountry% of Assets
Blk Ics Eur As Liq Envirally Awr Agcy DIreland1.83
Hungary (Republic Of) 5%Hungary1.80
Montenegro (Republic of) 2.88%1.24
Treasury Corporation of Victoria 5.5%Australia1.13
Macedonia (Republic of) 1.62%Macedonia, The Former Yugoslav Republic Of0.95
Italy (Republic Of) 1.1%Italy0.87
Poland (Republic of) 4.88%Poland0.87
BSF Sustainable Euro Corp Bd X2 EURLuxembourg0.85
BNP Paribas SA 0.5%France0.84
Aroundtown SA 4.8%Germany0.78
 
Increase Decrease New since last portfolio
Category: Global Flexible Bond - EUR Hedged
 
Management
Name of CompanyBlackRock (Luxembourg) SA
Phone+44 20 77433000
Websitewww.blackrock.com
Address35 A, avenue J.F. Kennedy,
 Luxembourg   L-1855
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date29/10/2014
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerJohan Sjogren
Manager Start Date01/01/2016
Education
2008, University of St Andrews, B.S.
 
Biography
Johan Sjogren, Director, is a member of the European Fixed Income Team within BlackRock Fundamental Fixed Income Portfolio Management Group. Mr. Sjogren joined Blackrock in 2010 from Bank of America Merrill Lynch where he worked as an analyst. Mr. Sjogren earned a B.Sc. degree, with First Class Honours, in Financial Economics from the University of St Andrews in 2008. Since joining BlackRock Mr. Sjogren has focused on managing aggregate flexible strategies with a focus on rates and currencies.
Fund ManagerGeorgie Merson
Manager Start Date14/05/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*2.00%
Annual Charges
Max Annual Management Charge0.60%
Ongoing Charge0.68%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo