Morningstar

Mercer Opportunistic Fixed Income Y3 MOFIX

Morningstar Medalist Rating
Medalist Rating as of | See Mercer Investment Hub
  • NAV / 1-Day Return 8.83  /  −0.23 %
  • Total Assets 1.9 Bil
  • Adj. Expense Ratio
    0.430%
  • Expense Ratio 0.430%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 6.10%
  • Effective Duration 4.68 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:45 AM GMT+0

Morningstar’s Analysis MOFIX

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

  • People Pillar

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

Mercer Opportunistic Fixed Income Y3's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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
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Portfolio Holdings MOFIX

More MOFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 24

6.28 252.4 Mil
Government

Usd

3.96 159.0 Mil
Cash and Equivalents

Us 5yr Note (Cbt) Dec24 Xcbt 20241231

2.93 117.7 Mil
Government

Us Ultra Bond Cbt Dec24 Xcbt 20241219

1.53 61.5 Mil
Government

Ice 3mth Sonia Fu Jun24 Ifll 20240917

0.95 38.0 Mil
Government

0wp303118 Irs Brl R F 11.03000 2 Ndfprediswap

0.94 37.6 Mil
Government

Sws116004 Cds Usd R F 5.00000 2 Ccpcdx

0.87 35.0 Mil
Derivative

Euro Bund Future Sept 24

0.85 34.1 Mil
Government

Secretaria Tesouro Nacional 10%

0.80 32.0 Mil
Government

Us Long Bond(Cbt) Dec24 Xcbt 20241219

0.72 29.1 Mil
Government

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