- What does BBCPX invest in?
- Under typical market conditions, this fund commits a minimum of 80% of its net assets to fixed income instruments of any duration or maturity. This allocation may also encompass financial derivatives that possess similar economic characteristics to bonds, as well as certain investment companies designed to mirror the performance of debt securities. Furthermore, the fund allocates a portion to a "plus" portfolio comprising higher-yielding, lower-quality debt, known as "junk bonds" due to their below-investment-grade status, or unrated securities that a sub-adviser assesses as having comparable creditworthiness.
- What is the expense ratio of BBCPX?
- Bridge Builder Core Plus Bond (BBCPX) charges an expense ratio of 0.16%. This is the annual fee deducted from fund assets to cover management and operations.
- What is BBCPX's dividend yield?
- BBCPX's trailing-twelve-month yield is 5.26%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BBCPX?
- Effective duration measures BBCPX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BBCPX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BBCPX?
- BBCPX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BBCPX?
- Yield to maturity (YTM) is the total return you'd earn from BBCPX if every bond in the portfolio is held to maturity at the current price. BBCPX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
