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Morningstar

Mercer Core Fixed Income I MCFQX

Morningstar Medalist Rating
Medalist Rating as of | See Mercer Investment Hub
  • NAV / 1-Day Return 8.64  /  0.35 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.90%
  • Effective Duration 6.44 years

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 10:17 PM GMT+0

Morningstar’s Analysis MCFQX

Will MCFQX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MCFQX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MCFQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of MCFQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Mercer Core Fixed Income I's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MCFQX

More MCFQX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 1830
  • Other Holdings 24
  • % Assets in Top 10 Holdings 11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 2 Year Treasury Note

2.14
37,092,453
Government

Future on 10 Year Treasury Note

2.14
37,084,438
Government

Us 5yr Note (Cbt) Dec23 Xcbt 20231229

1.70
29,403,516
Government

United States Treasury Bonds 3.375%

1.46
25,203,810
Government

S8abusvm0 Irs Usd R F 5.38429 2 Ccpbasisswap

1.34
23,130,558
Government

United States Treasury Notes 4%

1.27
21,979,375
Government

United States Treasury Bonds 3%

1.27
21,894,233
Government

United States Treasury Notes 3.875%

1.20
20,762,148
Government

United States Treasury Bonds 4%

1.07
18,571,809
Government

United States Treasury Notes 3.625%

1.05
18,100,524
Government