PortfoliosLab logo

Brandes Core Plus Fixed Income Fund (BCPIX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

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.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Brandes Core Plus Fixed Income Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $14,773 for a total return of roughly 47.73%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
3.43%
7.43%
BCPIX (Brandes Core Plus Fixed Income Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BCPIX

Return

Brandes Core Plus Fixed Income Fund had a return of 2.30% year-to-date (YTD) and -4.03% in the last 12 months. Over the past 10 years, Brandes Core Plus Fixed Income Fund had an annualized return of 1.47%, while the S&P 500 had an annualized return of 9.83%, indicating that Brandes Core Plus Fixed Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month1.13%-3.13%
Year-To-Date2.30%2.92%
6 months2.08%2.02%
1 year-4.03%-11.46%
5 years (annualized)1.08%7.76%
10 years (annualized)1.47%9.83%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20232.88%-1.89%
2022-3.33%-0.33%2.53%-0.32%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Brandes Core Plus Fixed Income Fund Sharpe ratio is -0.60. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.60
-0.45
BCPIX (Brandes Core Plus Fixed Income Fund)
Benchmark (^GSPC)

Dividend History

Brandes Core Plus Fixed Income Fund granted a 3.76% dividend yield in the last twelve months. The annual payout for that period amounted to $0.31 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.31$0.25$0.21$0.25$0.25$0.26$0.23$0.26$0.22$0.28$0.33$0.53

Dividend yield

3.76%3.05%2.35%2.73%3.01%3.25%2.86%3.34%3.00%3.79%4.55%7.49%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.02
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.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-9.47%
-17.62%
BCPIX (Brandes Core Plus Fixed Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Brandes Core Plus Fixed Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Brandes Core Plus Fixed Income Fund is 18.28%, recorded on Nov 24, 2008. It took 281 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.28%May 21, 2008130Nov 24, 2008281Jan 7, 2010411
-14.63%Aug 5, 2021309Oct 24, 2022
-5.34%Mar 10, 20207Mar 18, 202050May 29, 202057
-3.97%May 3, 201378Aug 22, 2013113Feb 3, 2014191
-3.31%Apr 20, 2015174Dec 23, 201566Mar 31, 2016240
-3.28%Jan 18, 200841Mar 18, 200830Apr 30, 200871
-3.16%Sep 30, 201655Dec 16, 2016111May 30, 2017166
-3.03%Sep 11, 2017173May 17, 2018177Jan 31, 2019350
-3.03%Aug 5, 201145Oct 7, 201175Jan 26, 2012120
-2.43%Feb 12, 202125Mar 18, 202176Jul 6, 2021101

Volatility Chart

Current Brandes Core Plus Fixed Income Fund volatility is 9.01%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
9.01%
20.82%
BCPIX (Brandes Core Plus Fixed Income Fund)
Benchmark (^GSPC)