MetLife Core Plus Fund I Class is an institutional mutual fund focused on the U.S. intermediate-term bond sector. Its primary objective is to provide investors with total return by investing mainly in a diversified mix of investment-grade, fixed income securities, including U.S. government securities, corporate bonds, mortgage-backed, and asset-backed securities. The fund seeks to balance income generation and capital preservation, and it employs a core plus strategy, allowing limited allocations to higher-yielding or non-core bonds to enhance returns. A key feature of this fund is its broad allocation across U.S. Treasury securities and securitized assets, as seen by significant holdings in various U.S. Treasury notes and bonds, along with agency mortgage-backed securities. The fund’s risk management and flexibility make it suitable for institutions seeking stable fixed income exposure with potential for incremental yield above standard core bond portfolios. Its moderate expense ratio and large minimum investment underscore its focus on institutional clientele. By offering exposure to a variety of U.S. fixed income instruments, MetLife Core Plus Fund I Class plays a significant role in supporting diversification and income generation strategies within institutional fixed income allocations.
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