Mercer Core Fixed Income Fund (MCFIX)
The investment seeks to provide total return, consisting of both current income and capital appreciation. The fund invests principally in investment grade fixed income securities, including government securities, corporate bonds and securitized bonds such as mortgage and asset-backed securities. It also may invest in non-investment grade bonds (sometimes called high yield or junk bonds), non-U.S. dollar denominated bonds, bonds issued by issuers located in emerging capital markets. The fund maintains a duration within 20% of the duration of the Bloomberg U.S. Aggregate Bond Index.
Fund Info
US58805V8660
Aug 15, 2005
$0
Expense Ratio
MCFIX has an expense ratio of 0.16%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Mercer Core 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.
Returns By Period
Mercer Core Fixed Income Fund had a return of 0.92% year-to-date (YTD) and 4.71% in the last 12 months.
MCFIX
0.92%
0.92%
-1.03%
4.71%
-0.47%
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MCFIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.69% | 0.92% | |||||||||||
| 2024 | -0.11% | -1.23% | 1.02% | -2.47% | 1.38% | 1.36% | 2.35% | 1.42% | 1.40% | -2.44% | 1.20% | -1.72% | 2.02% |
| 2023 | 3.67% | -2.43% | 2.04% | 0.67% | -1.10% | -0.11% | -0.00% | -0.67% | -2.47% | -1.73% | 4.69% | 4.08% | 6.47% |
| 2022 | -2.11% | -1.27% | -2.78% | -3.88% | 0.32% | -2.12% | 2.59% | -2.63% | -4.44% | -1.25% | 3.78% | -0.53% | -13.69% |
| 2021 | -0.56% | -1.68% | -0.95% | 0.96% | 0.28% | 0.94% | 1.12% | -0.18% | -0.74% | -0.19% | 0.19% | -0.59% | -1.41% |
| 2020 | 2.04% | 1.62% | -1.97% | 2.29% | 0.93% | 1.29% | 1.92% | -0.45% | -0.09% | -0.27% | 1.44% | -1.70% | 7.17% |
| 2019 | 0.40% | 1.70% | 1.27% | 0.39% | 2.51% | -0.47% | 0.28% | -0.00% | 0.04% | 6.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MCFIX is 33, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Mercer Core Fixed Income Fund (MCFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Mercer Core Fixed Income Fund provided a 4.50% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.33 | $0.29 | $0.22 | $0.25 | $0.30 |
Dividend yield | 4.50% | 4.54% | 3.68% | 3.31% | 2.09% | 2.35% | 2.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Mercer Core 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2019 | $0.30 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Mercer Core 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 Mercer Core Fixed Income Fund was 20.16%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Mercer Core Fixed Income Fund drawdown is 8.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.16% | Dec 17, 2020 | 466 | Oct 24, 2022 | — | — | — |
| -7.91% | Mar 10, 2020 | 8 | Mar 19, 2020 | 57 | Jun 10, 2020 | 65 |
| -3.3% | Dec 13, 2019 | 1 | Dec 13, 2019 | 48 | Feb 25, 2020 | 49 |
| -1.97% | Sep 6, 2019 | 6 | Sep 13, 2019 | 15 | Oct 4, 2019 | 21 |
| -1.41% | Oct 7, 2019 | 25 | Nov 8, 2019 | 23 | Dec 12, 2019 | 48 |
Volatility
Volatility Chart
The current Mercer Core Fixed Income Fund volatility is 1.34%, 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.