BCPAX

About BCPAX

Brandes Core Plus Fixed Income Fund Class A is an open-end mutual fund specializing in fixed income investments. Its primary objective is to maximize long-term total return, combining both current income and capital appreciation. The fund predominantly invests in a diversified portfolio of U.S. Treasury securities, high-quality agency and corporate debt, and selectively ventures up to 25% into non-investment grade and non-U.S. dollar-denominated fixed income securities at the time of purchase. With 73 holdings and total net assets of approximately $135.7 million as of June 2025, the fund maintains an average maturity of 7.7 years and an average duration of 5.4 years, highlighting a moderate exposure to interest rate changes. The portfolio is managed with a value-oriented investment approach, aiming to identify fixed income securities trading below their intrinsic value. Most holdings are investment grade, providing a balance of income generation and capital preservation. Monthly dividend distributions and its role as a core plus bond strategy make it a key instrument for investors seeking diversified fixed income exposure within the broader bond market.