MERCER FUNDS - Mercer Short Duration Fixed Income Fund (MSDYX)
| Fund Assets | 82.63M |
| Expense Ratio | 0.20% |
| Min. Investment | $0.00 |
| Turnover | 167.00% |
| Dividend (ttm) | 0.01 |
| Dividend Yield | 0.09% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.12 |
| YTD Return | 0.10% |
| 1-Year Return | 0.80% |
| 5-Year Return | n/a |
| 52-Week Low | 10.02 |
| 52-Week High | 10.17 |
| Beta (5Y) | n/a |
| Holdings | 616 |
| Inception Date | Nov 30, 2023 |
About MSDYX
Mercer Short Duration Fixed Income Fund Class Y-3 is an open-end mutual fund focused on high-quality, short-maturity bonds to seek total return from current income and capital preservation. The strategy typically concentrates on short-duration U.S. fixed income, aiming to reduce interest-rate sensitivity while providing steady income relative to longer-duration peers. According to Morningstar and fund materials, the portfolio emphasizes diversified credit across sectors such as investment-grade corporates, securitized assets, and government-related debt, managed within a disciplined risk framework that targets lower volatility versus core bond funds. The fund’s short duration profile is designed to mitigate price fluctuations during changing rate environments and to serve as a conservative anchor within multi-asset or fixed income allocations. Market data services track its net asset value, performance history, and distributions, reflecting its role as a liquidity-aware vehicle for investors prioritizing stability and incremental income rather than aggressive yield seeking.
Performance
MSDYX had a total return of 0.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.53%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAPDX | Fidelity | Fidelity Advisor Sustainable Low Duration Bond Fund - Class I | 0.25% |
| FAPBX | Fidelity | Fidelity Advisor Sustainable Low Duration Bond Fund - Class M | 0.43% |
| FAMZX | Fidelity | Fidelity Advisor Sustainable Low Duration Bond Fund - Class A | 0.45% |
| FAPEX | Fidelity | Fidelity Advisor Sustainable Low Duration Bond Fund - Class Z | 0.20% |
| FAPFX | Fidelity | Fidelity SAI Sustainable Low Dur Inc Fd | 0.20% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MSDBX | Class I | 0.45% |
| MSDWX | Class Y-2 | 0.35% |
| MSDZX | Adviser Class | 0.70% |
Top 10 Holdings
16.10% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Notes | T.3.5 09.30.27 | 3.60% |
| United States Treasury - U.S. Treasury Notes | T.4 03.31.30 | 3.16% |
| United States Treasury - U.S. Treasury Notes | T.3.875 07.15.28 | 2.30% |
| United States Treasury - U.S. Treasury Notes | T.3.375 09.15.28 | 1.35% |
| United States Treasury - U.S. Treasury Notes | T.3.75 06.30.27 | 1.28% |
| United States Treasury - U.S. Treasury Notes | T.4.375 12.31.29 | 1.15% |
| United States Treasury - U.S. Treasury Notes | T.4.375 11.30.28 | 1.02% |
| State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio | n/a | 0.90% |
| United States Treasury - U.S. Treasury Notes | T.4.125 03.31.29 | 0.68% |
| United States Treasury - U.S. Treasury Notes | T.3.875 06.15.28 | 0.67% |