Bridge Builder Core Plus Bond Fundbbadmin2022-05-13T09:28:27-06:00
Bridge Builder Core Plus Bond Fund
- Investment Sub-advisers
- Historical Distributions
- Fund Literature
The Bridge Builder Core Plus Bond Fund aims to provide total return (capital appreciation plus income).
The Core Plus Bond Fund’s assets are allocated across different fixed-income market sectors and maturities. Most of the Fund’s investments are fixed-income securities issued or guaranteed by the U.S. government or its agencies, U.S. corporate issuers, asset-backed securities, and mortgage-related and mortgage-backed securities. The Fund may invest in securities issued by foreign entities, including emerging market securities. The Fund may invest in high-yield securities deemed below investment grade, also known as “junk bonds.” The Fund employs a multi-manager sub-advised structure.
As ofMarch 31, 2022
Benchmark Index:Bloomberg U.S. Aggregate Bond Index
Inception Date:July 13, 2015
Total Assets:$33.16 Billion
Gross Expense Ratio:0.38%
Net Expense Ratio*:0.15%
Number of Holdings:4,135
*Contractual fee waivers in effect through October 28, 2022.
- Investment Sub-advisers
Loomis, Sayles & Company, L.P.
Generally seeks fixed-income securities of issuers whose credit profiles it believes are improving. Loomis Sayles relies primarily on issue selection as the key driver to investment performance. Loomis Sayles also analyzes different sectors of the economy and differences in the yields of various fixed-income securities in an effort to find securities that it believes may produce attractive returns in comparison to these securities’ risk.
Metropolitan West Asset Management, LLC
Employs a value-oriented fixed-income management philosophy and an investment process predicated on a long-term economic outlook.
Pacific Investment Management Company LLC
Seeks to achieve the Fund’s investment objectives by investing in a multi-sector portfolio of fixed income instruments of varying maturities, which may be represented by derivatives such as forwards, futures contracts, or swap agreements.
BlackRock Investment Management, LLC
Will buy or sell securities whenever its portfolio management team sees an appropriate opportunity. Under normal circumstances, BlackRock invests primarily in fixed income securities and derivatives with similar economic characteristics.
MONTHLY PERFORMANCE AS OF 05/31/2022
|Bridge Builder Core Plus Bond Fund||0.43%||-5.76%||-8.84%||-7.87%||1.04%||2.07%||2.41%||0.38%|
|Bloomberg U.S. Aggregate Bond Index||0.64%||-5.86%||-8.92%||-8.22%||0.00%||1.18%||1.73%|
QUARTERLY PERFORMANCE AS OF 03/31/2022
|Bridge Builder Core Plus Bond Fund||-5.71%||-5.71%||-3.52%||2.83%||3.07%||2.99%|
|Bloomberg U.S. Aggregate Bond Index||-5.93%||-5.93%||-4.15%||1.69%||2.14%||2.26%|
DAILY NAV AS OF June 10, 2022
|Bridge Builder Core Plus Bond Fund||$9.13||$-0.08|
Performance data quoted represents past performance; past performance 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 1-855-823-3611.Returns shown for the Fund include the reinvestment of all dividends, if any. Total return calculations reflect the effect of the Advisers fee waiver agreement for the Fund. If such fee waivers had not occurred, the quoted performance would be lower. Performance for periods greater than one-year is annualized.
The Gross Expense Ratio, per the Fund’s latest prospectus, includes all categories of expenses before any expense reductions or fee waivers.
- Historical Distributions
|12/22/2021||Long Term Capital Gain||0.023430000||$10.33||12/22/2021|
|12/22/2021||Short Term Capital Gain||0.004810000||$10.44||12/22/2021|
|12/11/2020||Long Term Capital Gain||0.088030000||$10.57||12/11/2020|
|12/11/2020||Short Term Capital Gain||0.131140000||$10.57||12/11/2020|
|12/13/2019||Long Term Capital Gain||0.023010000||$10.21||12/13/2019|
|12/13/2019||Short Term Capital Gain||0.119300000||$10.21||12/13/2019|
|12/16/2016||Long Term Capital Gain||0.002860000||$9.88||12/16/2016|
|12/16/2016||Short Term Capital Gain||0.024800000||$9.88||12/16/2016|
|12/18/2015||Long Term Capital Gain||0.000630000||$9.93||12/18/2015|
|12/18/2015||Short Term Capital Gain||0.024100000||$9.93||12/18/2015|
- Fund Literature
View or download literature by clicking the icon or description below.
Past performance does not guarantee future results.
Mutual fund investing involves risk. The value of your investment in the Fund could go down as well as up. Investing in the bond market is subject to certain risks including market, credit, interest-rate, liquidity and reinvestment risk. Investments in asset-backed, mortgage-related and mortgage- backed securities may be more sensitive to changes in interest rates, prepayments and impairment of the value of the collateral underlying the security. Investments in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. The Fund may invest in non-U.S dollar-denominated foreign securities (including emerging markets), which may be more sensitive to currency fluctuations, political and economic instability, differing government regulations and liquidity risk. The Fund may also invest in derivatives which could increase the Fund’s volatility. Multi-manager and multi-style management may lead to overlapping securities transactions and higher transaction expenses compared to single investment management styles. Outcomes depend on the skill of the sub-advisers and adviser and the allocation of assets amongst them.
Click here for index and financial term definitions.
Before you invest in The Bridge Builder Funds, please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-855-823-3611. The prospectus should be read and considered carefully before you invest or send money.
The Bridge Builder Funds are only available through Edward Jones Advisory Solutions®.
The Bridge Builder Funds are distributed by ALPS Distributors, Inc.
There is no affiliation between ALPS Distributors, Inc. and Bridge Builder Trust and any of its affiliates and subsidiaries.
The fund has returned -22.10 percent over the past year, 11.61 percent over the past three years, and 12.77 percent over the past five years.
Intermediate-term core bond portfolios invest primarily in investment-grade U.S. fixed-income issues including government, corporate, and securitized debt, and hold less than 5% in below-investment-grade exposures.
The Bridge Builder funds are part of the firm's investment adviser platform, Edward Jones Advisory Solutions.
Edward Jones vs Fidelity Investments.
Once you've maxed out your 401(k) and IRA, open up a brokerage account (also known as a taxable investment account) to serve as your bridge account.
The Core-Plus Bond Fund differs from Vanguard Core Bond Fund by seeking higher performance, particularly through greater exposure to riskier bonds like high-yield corporates and emerging markets debt. It's expected to have greater volatility of returns and diverge from its benchmark more than the Core Bond Fund.
Core plus properties tend to be of slightly lower quality than Core properties and are purchased more aggressively, with more debt. Cash flow in a Core Plus property might be more variable, but it can also produce higher returns. Investors in Core Plus properties expect a 9% to 13% annualized return.
- The Best Total Bond Market Index Funds of October 2022.
- Fidelity U.S. Bond Index Fund — FXNAX.
- Vanguard Total Bond Market Index Fund — VBTLX.
- Fidelity Total Bond Fund — FTBFX.
- Schwab U.S. Aggregate Bond Index Fund — SWAGX.
- BNY Mellon Bond Market Index Fund — DBIRX.
Ruffer is a London-based hedge fund manager established in 1994 by Jonathan Ruffer. Its investment process aims to protect and grow the value of its client's portfolios. The firm aims to deliver positive returns in good and bad market conditions.
- BlackRock. AUM: $9.464 trillion. ...
- The Vanguard Group. AUM: $8.4 trillion. ...
- UBS Group. AUM: $4.432 trillion. ...
- Fidelity. AUM: $4.23 trillion. ...
- State Street Global Advisors. AUM: $3.86 trillion. ...
- Morgan Stanley. AUM: $3.274 trillion. ...
- JPMorgan Chase. AUM: $2.996 trillion. ...
- Allianz. AUM: $2.953 trillion.
The largest percentage of mutual fund–owning households, 90 percent, owned equity funds. Thirty-five percent had invested in balanced funds,11 43 percent in bond funds, and 53 percent in money market funds. In addition, 36 percent of mutual fund–owning households held global or international equity funds.
|Rank||Company||Overall Trust Rating|
In fact, Fidelity is our overall pick for the best online broker in 2022, so it is very hard to beat. All that said, Vanguard still offers some of the lowest-cost funds in the industry and will appeal to buy-and-hold investors, retirement savers, and investors who want access to professional advice.
Fidelity and Vanguard both do a good job keeping costs fairly low, but Fidelity has a slight edge overall. Both brokers charge zero commission for stock and ETF trades, but Fidelity charges $0.65 per contract on options trades, while Vanguard charges $1 per contract for customers with less than $1 million in assets.
Retirement experts have offered various rules of thumb about how much you need to save: somewhere near $1 million, 80% to 90% of your annual pre-retirement income, 12 times your pre-retirement salary.
One frequently used rule of thumb for retirement spending is known as the 4% rule. It's relatively simple: You add up all of your investments, and withdraw 4% of that total during your first year of retirement. In subsequent years, you adjust the dollar amount you withdraw to account for inflation.
If you retire early, you'll need much more than a standard retirement nest egg to fund the extra years that you will be retired and not working. As many analysts put a “standard” retirement nest egg at $1 million or more, this means you may need $2 million or more to fund a long, early retirement.
Core plus is an investment management style that permits managers to augment a core base of holdings with instruments that offer greater risk but greater potential return. Core plus investment strategies are primarily associated with fixed income funds.
Bridge Builder Trust - Bridge Builder Core Bond Fund is an open ended fixed income mutual fund launched by Olive Street Investment Advisers, LLC. The fund is co-managed by Robert W. Baird & Co., Inc., J.P. Morgan Investment Management, Inc., Loomis, Sayles & Company, L.P. and PGIM, Inc.
Core holdings are the central investments of a long-term portfolio so it's essential that they have a history of reliable service and consistent returns. An exchange-traded fund (ETF) that tracks an index fund or a group of blue-chip stocks are examples of core holdings.
Private real estate funds generally use one of the following three investment strategies: Core-Plus, Value Added or Opportunistic. Core-plus. This is generally considered the most conservative strategy, characterized by lower risk and lower return potential.
This is an income fund which invests in a variety of bonds including corporate bonds,treasury bonds and other fixed income securities, minimizing the risk involved with investing directly in bonds.
- Growth investments. ...
- Shares. ...
- Property. ...
- Defensive investments. ...
- Cash. ...
- Fixed interest.
- Vanguard Total Bond Market ETF (NASDAQ:BND)
- Fidelity Investment Grade Bond Fund (MUTF:FBNDX)
- Schwab Tax-Free Bond Fund (MUTF:SWNTX)
- Fixed-income investments can provide long-term cash flow. ...
- Vanguard Total Bond Market ETF (ticker: BND) ...
- Vanguard Total International Bond ETF (BNDX) ...
- Vanguard Total World Bond ETF (BNDW) ...
- iShares U.S. Treasury Bond ETF (GOVT) ...
- iShares 20+ Year Treasury Bond ETF (TLT)
Over the long term, stocks do better. Since 1926, large stocks have returned an average of 10 % per year; long-term government bonds have returned between 5% and 6%, according to investment researcher Morningstar.
Bridge Builder Mutual Funds, available exclusively through Edward Jones Advisory Solutions®, provide investors diversified expertise from leading asset management firms. We select multiple asset managers (sub-advisers) for each fund, with each sub-adviser responsible for investing a portion of the fund.
Performance. The fund has returned -4.96 percent over the past year, 10.14 percent over the past three years, 8.03 percent over the past five years, and 11.47 percent over the past decade.
VFFVX Review Summary
The Vanguard Target Retirement 2055 fund is a solid option for people who are retiring in 2055, give or take a few years. The Fund may also be a good investment for those that want a more conservative investment and have a similar investment horizon.
The fund has returned -6.97 percent over the past year and 4.61 percent over the past three years. The fund has earned double-digit returns in three of the last five years.
Edward Jones has a lot of sales reps/ brokers/ advisors and real estate. This is one of the primary reasons that fees are so high for clients. Most of their advisors are not a fiduciary for clients. Edward Jones also uses a lot of expensive mutual funds like American Funds and other companies that have 12b-1 fees.
What is the average client balance at Edward Jones? While Edward Jones advises clients across a variety of portfolio sizes, the average client balance is currently $200,213.
The typical financial advisor at Edward Jones is paid an hourly rate while studying for licenses and training. Having completed the training, a middle-of-the-pack advisor would earn roughly $60,550 during her first year and $62,500 (likely all from commissions) in year three.
Overall, MFS Growth Fund A ( MFEGX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, MFS Growth Fund A ( MFEGX ) looks like a good potential choice for investors right now.
Performance. The fund has returned -7.94 percent over the past year, 1.49 percent over the past three years, 2.32 percent over the past five years and 3.69 percent over the past decade.
Vanguard Dividend Growth (VDIGX)
This fund is a great choice if you want solid payouts now that will also grow over time. It mostly focuses on U.S. large-cap value stocks. About 4.9% of the portfolio is put into foreign holdings.
To invest in a target-date fund, investors typically choose the fund with the name closest to the date they plan to retire. An investor who is age 30 and wishes to retire at age 65 might choose a target-date fund with a date close to 35 years in the future.
|Company||Symbol||Total Net Assets|
|Vanguard Total International Stock Index Fund||VGTSX||35.89%|
|Vanguard Total Bond Market II Index Fund Investor Shares||VTBIX||6.75%|
|Vanguard Total International Bond II Index Fund Institutional Shares||VTILX||3.01%|
|Vanguard Market Liquidity Fund||1.34%|
Best Performing Equity Mutual Funds.
|Scheme Name||Axis Midcap Fund|
|5Y Return (Annualized)||18.69% p.a.|
- Take advantage of the stock market.
- Invest in mutual funds or ETFs.
- Invest in bonds.
- Invest in CDs.
- Fill a savings account.
- Try peer-to-peer lending.
- Start your own business.
- Start a blog or a podcast.
|Fund Name||3-year Return (%)*||5-year Return (%)*|
|Tata Digital India Fund Direct-Growth||28.75%||27.82%|
|ICICI Prudential Technology Direct Plan-Growth||30.85%||26.76%|
|Aditya Birla Sun Life Digital India Fund Direct-Growth||28.75%||25.91%|
|SBI Technology Opportunities Fund Direct-Growth||26.71%||24.76%|