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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 8.69  /  −0.34 %
  • Total Assets 1.9 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 3.41%
  • Effective Duration 6.30 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:13 AM 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.

Mercer Core Fixed Income I’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest 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 —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 24

2.57 49.7 Mil
Government

United States Treasury Notes 4%

1.83 35.3 Mil
Government

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

1.54 29.9 Mil
Government

United States Treasury Bonds 3.375%

1.23 23.8 Mil
Government

S8abusvm0 Irs Usd R F 5.38429 2 Ccpbasisswap

1.19 23.1 Mil
Government

United States Treasury Notes 4%

1.14 22.0 Mil
Government

United States Treasury Bonds 4%

1.13 21.8 Mil
Government

United States Treasury Bonds 3%

1.08 20.9 Mil
Government

United States Treasury Bonds 3.375%

1.06 20.4 Mil
Government

United States Treasury Bills 0.01%

0.96 18.7 Mil
Government