Mercer Core Fixed Income Fund (MCFQX)
| Fund Assets | 1.46B |
| Expense Ratio | 0.40% |
| Min. Investment | $0.00 |
| Turnover | 123.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.91% |
| Dividend Growth | -25.95% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 9.04 |
| YTD Return | 0.89% |
| 1-Year Return | 6.30% |
| 5-Year Return | n/a |
| 52-Week Low | 8.55 |
| 52-Week High | 9.07 |
| Beta (5Y) | n/a |
| Holdings | 1816 |
| Inception Date | Dec 27, 2021 |
About MCFQX
Mercer Core Fixed Income Fund Class I is an open-end mutual fund designed to provide a total return through both current income and capital appreciation. The fund primarily invests in **investment grade fixed income securities**, such as U.S. government securities, corporate bonds, and securitized instruments, with flexibility to include limited allocations to non-investment grade and non-U.S. dollar-denominated bonds. Managed by Mercer Investment Management, the fund implements a diversified strategy within the intermediate core-plus bond category, balancing exposure across sectors and issuers to seek stable returns during varying market conditions. Key holdings frequently include U.S. Treasury notes and bonds, reflecting a focus on high credit quality and interest rate management. With over 1,900 individual holdings and a below-average expense ratio, this institutional share class is structured to appeal to investors seeking efficient, broad-based fixed income exposure with competitive fees. Since its inception in late 2021, the fund has contributed to the stability and liquidity of the fixed income marketplace by channeling capital into core segments of the bond market, serving as a foundational component in diversified investment portfolios.
Performance
MCFQX had a total return of 6.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MCFIX | Class Y-3 | 0.15% |
| MCFWX | Class Y-2 | 0.30% |
| MCFVX | Adviser Class | 0.65% |
Top 10 Holdings
9.16% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio | n/a | 1.21% |
| United States Treasury - U.S. Treasury Bonds | T.4.5 02.15.44 | 1.16% |
| United States Treasury - U.S. Treasury Notes | n/a | 1.00% |
| United States Treasury - U.S. Treasury Bonds | T.3 02.15.49 | 0.90% |
| United States Treasury - U.S. Treasury Notes | T.4 05.31.30 | 0.89% |
| United States Treasury - U.S. Treasury Bonds | T.4.25 02.15.54 | 0.85% |
| United States Treasury - U.S. Treasury Bonds | T.2.375 05.15.51 | 0.84% |
| United States Treasury - U.S. Treasury Bonds | T.4.625 11.15.44 | 0.83% |
| United States Treasury - U.S. Treasury Bonds | T.4.75 05.15.55 | 0.76% |
| United States Treasury - U.S. Treasury Bonds | T.4.625 05.15.44 | 0.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.00958 | Dec 31, 2025 |
| Dec 11, 2025 | $0.26042 | Dec 12, 2025 |
| Dec 12, 2024 | $0.36461 | Dec 13, 2024 |
| Dec 14, 2023 | $0.30448 | Dec 15, 2023 |
| Dec 15, 2022 | $0.25754 | Dec 15, 2022 |