Brandes Core Plus Fixed Income Fund Class R6 (BCPRX)

Overview

The fund is a diversified financial entity focused on fixed income investments. It primarily allocates its assets towards a broad range of debt securities, showcasing a preference for both stability and diversity within its portfolio. The fund dedicates at least 80% of its net assets, evaluated at the time of purchase, towards fixed income securities. This explicit focus on fixed income instruments underpins its investment strategy, highlighting a commitment to generating steady returns for its investors while managing risk through diversified holdings.

Products and Services

• Debt Securities Issued by U.S. and Foreign Companies

  This category includes bonds and other forms of debt issued by corporations both in the U.S. and internationally. By investing in corporate debt, the fund seeks to capitalize on the creditworthiness of established companies worldwide, aiming for returns that exceed those of government bonds.

• Debt Obligations Issued or Guaranteed by the U.S. Government and Foreign Governments

  These are securities backed by the full faith and credit of issuing governments, such as U.S. Treasury bills and bonds, as well as sovereign debt from other countries. This segment of the portfolio is designed to offer a secure, lower-risk investment option, leveraging the stability of governmental issuers.

• Agencies and Instrumentalities Debt Securities

  The fund invests in debt instruments issued by government-sponsored enterprises (GSEs) and agencies, which may include entities such as Fannie Mae and Freddie Mac in the U.S. These investments usually provide slightly higher yields than treasury securities, with a comparably low risk profile.

• U.S. and Foreign Mortgage-Backed Securities (MBS), Collateralized Mortgage Obligations (CMOs) and Asset-Backed Debt Securities

  This component focuses on securitized assets, specifically those backed by mortgage payments and other receivables. Mortgage-backed securities, including both U.S. and foreign MBS, along with CMOs, offer the fund exposure to the real estate market indirectly through debt instruments. Asset-backed securities (ABS) diversify the fund's holdings further, spreading credit risk across various asset pools.