About BCPIX
Brandes Core Plus Fixed Income Fund Class I is an actively managed mutual fund specializing in fixed income investments. Its primary objective is to maximize long-term total return, combining current income with capital appreciation. The fund predominantly allocates its portfolio to U.S. Treasury securities, high-quality agency, and corporate debt instruments. It maintains a flexible investment approach, allowing up to 25% of assets to be allocated to non-investment grade bonds and up to 25% to non-U.S. dollar-denominated debt, while ensuring that at least 75% of holdings are investment grade at the time of purchase.
The fund is characterized by its disciplined value approach, experienced management, and diversified holdings, which typically span over 70 securities. It tends to exhibit an average maturity between seven and nine years and an average duration near five to six years, indicating moderate interest rate sensitivity. Asset allocation primarily emphasizes U.S. Treasuries, corporate bonds, and mortgage-backed securities, offering broad sector exposure within fixed income markets. With regularly distributed monthly dividends and a focus on risk management, the fund serves institutional and individual investors seeking a core component of a diversified fixed income strategy.
Fund Family Brandes
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol BCPIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
BCPIX had a total return of -1.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.20%.
