BBCPX

About BBCPX

Bridge Builder Core Plus Bond Fund is an open-end mutual fund focused on providing total return, which combines capital appreciation and income, primarily through investments in fixed income securities. The fund typically allocates at least 80% of its assets to a diverse mix of bonds, including U.S. Treasury securities, government agency mortgage-backed securities, corporate bonds, and a "plus" segment of high yield (below investment grade) bonds or unrated securities deemed of comparable quality. It employs a multi-manager approach, leveraging the expertise of a seasoned team with broad experience in fixed income markets. The fund maintains a broadly diversified portfolio, with more than 4,500 holdings and a notable allocation to U.S. Treasury futures and mortgage-backed securities. It is categorized within the intermediate core-plus bond segment, offering moderate credit and interest rate sensitivity. With substantial assets under management and a low expense ratio, this fund plays a significant role as a core fixed income holding for investors seeking diversified bond exposure and a balance of income and risk management in the global debt markets.