BlackRock Emerging Market Local Debt Portfolio

Scorecard
4 / 5 Stars
Lipper
4 4 2 3 1
Zacks Investment Research
4 (Sell)
Standard & Poor's
4 / 5 Stars
TheStreet.com
B+ (Buy)

U.S. News evaluated 78 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 14.17 percent over the past year, 10.38 percent over the past three years, and 8.54 percent over the past five years.

Trailing Returns Updated 05.31.2013
Year to date -2.4%
1 Year 14.2%
3 Years (Annualized) 10.4%
5 Years (Annualized) 8.5%
10 Years (Annualized) N/A

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Summary

The investment seeks maximum long term total return. Under normal circumstances, the fund will invest at least 65% of its assets in fixed income securities and derivatives denominated in currencies of emerging market countries or whose value is tied in whole or in part to currencies of emerging market countries. It invests primarily in a global portfolio of fixed income securities and derivatives of any maturity of issuers located in emerging markets that may be denominated in any currency (on a hedged or un-hedged basis). The fund may also buy when-issued securities and participate in delayed delivery transactions. It is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
BlackRock Emerging Market Local Debt Portfolio has an expense ratio of 0.85 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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