BCPIX Fund Facts

Brandes Institutional Core Plus Fixed Income Fund as of 6/30/10 (Reporting Currency - USD)

Fund Facts

Summary:

Ticker Symbol:

BCPIX
Cusips:

105262869
NAV:

9.40
Total Net Assets:        

$26.4mm
Inception Date:

12/28/2007
Dividend Frequency:

Monthly

Sector Allocation:

U.S. Treasuries & Agencies

22.4%
Corporate Securities

45.8%
Mortgage-Backed Securities

20.7%
Asset Backed Securities

 8.3%
Cash

2.8%
Total

100.0%

Credit Quality Exposure:

Aaa (including cash)

39.0%
Aa

2.2%
A

16.1%
Baa

19.0%
Less than Baa

23.7%
Total

100.0%
Rating Agency: Moody's

Risk Measures:

 

Portfolio   

  Barclays U.S. Aggregate*
Average Maturity

5.64 years

6.47 years
Average Duration

3.86 years

4.30 years
Current Yield

5.22 

4.18
Average Coupon

4.97%

4.46%
Average Price

95.81

106.59
Average Yield to Maturity

5.03%

2.84%
Number of Holdings

98

8,191
Rating Agency: Moody's

Top 10 Holdings** :

UNITED STATES TREAS NTS 02/15/2016

UNITED STATES TREAS NTS 11/15/2019

FGLMC 07/01/2040

FHLMC DISC NT 07/14/2010

IBRD DISCOUNT NOTE 09/03/2010

FNCI 07/17/2023

GOLDMAN SACHS GP 06/15/2012

FEDERAL HOME LN MTG CORP 07/12/2010

GECC 09/01/2010

WELLS FARGO MBS 01/25/2035
Complete holdings can be viewed by clicking here.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 800.395.3807 or clicking below.

Click here for Standardized Performance and 30-Day SEC Yield.

*The Barclays U.S. Aggregate Index is an unmanaged index consisting of U.S. dollar-denominated, fixed-rate, taxable bonds. The Index includes bonds from the Treasury, Government-Related, Corporate, Mortgage-Backed Securities (agency fixed-rate and hybrid adjustable-rate mortgage passthroughs), Asset-Backed Securities and Commercial Mortgage-Backed Securities sectors. Securities must be rated investment grade (Baa3/BBB-/BBB- or above) by Moody's, S&P, and Fitch, respectively. When all three agencies rate an issue, a median or "two out of three" rating is used to determine Index eligibility by dropping the highest and lowest rating. When a rating from only two agencies is available, the lower ("most conservative") of the two is used. When a rating from only one agency is available, that rating is used to determine Index eligibility. Please note that all indices are unmanaged and are not available for direct investment.

**Fund Holdings and Sector Allocations are subject to change at any time and are not recommendations to buy or sell any security.

The Brandes Institutional Core Plus Fixed Income Fund invests in foreign securities, which involve risks such as currency fluctuation and political instability. Investment by The Brandes Institutional Core Plus Fixed Income Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund may also use options and future contracts, which have the risks of unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates and currency exchange rates. The investment in options is not suitable for all investors.

Please refer to the Prospectus for important information about the investment company including investment objectives, risks, charges and expenses. To obtain a hard copy Prospectus, please call the Mutual Fund Group at 800.395.3807.

The Brandes Funds are distributed by Quasar Distributors, LLC.