Mercer Core Fixed Income Fund (MCFQX)
| Fund Assets | 1.53B |
| 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 | n/a |
| Previous Close | 8.88 |
| YTD Return | -1.44% |
| 1-Year Return | 1.25% |
| 5-Year Return | n/a |
| 52-Week Low | 8.82 |
| 52-Week High | 9.01 |
| Beta (5Y) | n/a |
| Holdings | 1816 |
| Inception Date | Dec 27, 2021 |
About MCFQX
Mercer Core Fixed Income Fund Class I is a mutual fund designed to deliver total return through a combination of current income and capital appreciation. It primarily invests in investment grade fixed income securities, emphasizing a core-plus bond strategy that allows for selective exposure to higher-yielding sectors while maintaining a focus on quality. The portfolio features significant allocations to U.S. Treasury notes, bonds, and futures, alongside interest rate swaps, providing diversification within the government and related sectors. Classified in the Intermediate Core-Plus Bond category, this institutional share class targets investors seeking balanced fixed income exposure with potential for enhanced returns beyond traditional core bonds. Mercer Core Fixed Income Fund Class I plays a role in fixed income portfolios by offering a cost-effective option with a below-average distribution fee level, appealing to those prioritizing income generation and moderate capital growth in a low-risk framework.
Performance
MCFQX had a total return of 1.25% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.36%.
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 |