Brandes Core Plus Fixed Income Fund (BCPIX)
The investment seeks to maximize long-term total return, consisting of both current income and capital appreciation. The fund invests at least 80% of its net assets measured at the time of purchase in fixed income securities. These include, but are not limited to, debt securities issued by U.S. and foreign companies, debt obligations issued or guaranteed by the U.S. government and foreign governments and their agencies and instrumentalities, and U.S. and foreign mortgage-backed securities, collateralized mortgage obligations and asset-backed debt securities.
Fund Info
| ISIN | US1052628690 |
|---|---|
| CUSIP | 105262869 |
| Issuer | Brandes |
| Inception Date | Dec 28, 2007 |
| Category | Intermediate Core-Plus Bond |
| Minimum Investment | $100,000 |
| Asset Class | Bond |
Expense Ratio
The Brandes Core Plus Fixed Income Fund has a high expense ratio of 0.30%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Performance
The chart shows the growth of an initial investment of $10,000 in Brandes Core Plus Fixed Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
Brandes Core Plus Fixed Income Fund had a return of 4.04% year-to-date (YTD) and 2.83% in the last 12 months. Over the past 10 years, Brandes Core Plus Fixed Income Fund had an annualized return of 1.60%, while the S&P 500 had an annualized return of 9.87%, indicating that Brandes Core Plus Fixed Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.04% | 19.67% |
| 1 month | 3.79% | 8.42% |
| 6 months | 1.06% | 7.29% |
| 1 year | 2.83% | 12.71% |
| 5 years (annualized) | 1.38% | 10.75% |
| 10 years (annualized) | 1.60% | 9.87% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -1.25% | -0.07% | 0.18% | -0.42% | -2.02% | -1.31% | 3.95% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Brandes Core Plus Fixed Income Fund (BCPIX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BCPIX Brandes Core Plus Fixed Income Fund | 0.60 | ||||
^GSPC S&P 500 | 0.91 |
Dividend History
Brandes Core Plus Fixed Income Fund granted a 3.25% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.25 | $0.21 | $0.25 | $0.25 | $0.26 | $0.23 | $0.26 | $0.22 | $0.28 | $0.33 | $0.53 |
Dividend yield | 3.25% | 3.03% | 2.27% | 2.58% | 2.77% | 2.91% | 2.49% | 2.84% | 2.47% | 3.05% | 3.55% | 5.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Brandes Core Plus Fixed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.00 | |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2014 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.05 |
| 2012 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.17 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Brandes Core Plus Fixed Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Brandes Core Plus Fixed Income Fund was 18.28%, occurring on Nov 24, 2008. Recovery took 281 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.28% | May 21, 2008 | 130 | Nov 24, 2008 | 281 | Jan 7, 2010 | 411 |
| -14.63% | Aug 5, 2021 | 309 | Oct 24, 2022 | — | — | — |
| -5.34% | Mar 10, 2020 | 7 | Mar 18, 2020 | 50 | May 29, 2020 | 57 |
| -3.97% | May 3, 2013 | 78 | Aug 22, 2013 | 113 | Feb 3, 2014 | 191 |
| -3.31% | Apr 20, 2015 | 174 | Dec 23, 2015 | 66 | Mar 31, 2016 | 240 |
Volatility Chart
The current Brandes Core Plus Fixed Income Fund volatility is 1.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.