Morningstar

Bridge Builder Core Plus Bond BBCPX

Morningstar Medalist Rating
Medalist Rating as of | See Bridge Builder Investment Hub
  • NAV / 1-Day Return 9.06  /  −0.31 %
  • Total Assets 36.9 Bil
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.200%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.65%
  • Effective Duration 6.18 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:21 AM GMT+0

Morningstar’s Analysis BBCPX

Will BBCPX 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 BBCPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BBCPX 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 BBCPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Bridge Builder Core Plus Bond's Morningstar Medalist Rating of Gold.

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 BBCPX

More BBCPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 24

6.40 3.3 Bil
Government

Ultra 10 Year US Treasury Note Future Dec 24

5.03 2.6 Bil
Government

Fidelity Inv MM Government Instl

4.27 2.2 Bil
Cash and Equivalents

5 Year Treasury Note Future Dec 24

3.20 1.7 Bil
Government

Federal National Mortgage Association 5%

1.76 916.5 Mil
Securitized

Federal National Mortgage Association 6%

1.65 858.4 Mil
Securitized

United States Treasury Notes 4%

1.59 826.8 Mil
Government

Federal National Mortgage Association 5.5%

1.56 814.5 Mil
Securitized

10 Year Treasury Note Future Dec 24

1.42 741.2 Mil
Government

Federal National Mortgage Association 6.5%

1.19 622.4 Mil
Securitized

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