MOFAX — Mercer Opportunistic Fixed Income Fund
Data updated: 2026-06-08
MOFAX — Mercer Opportunistic Fixed Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Total / Aggregate Bond · $2.12B AUM · 1.01% expense ratio. From SEC regulatory filings.
MOFAX Fund Overview
MOFAX — Mercer Opportunistic Fixed Income Fund is a US mutual fund managed by Mercer Funds, categorised as Intermediate Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mercer Funds
- Category: Intermediate Total / Aggregate Bond
- Assets under management: $2.12B
- Ticker: MOFAX
- SEC CIK: 0001320615
- SEC series ID: S000041478
- Share class ID: C000128965
MOFAX Holdings
Top 10 holdings of Mercer Opportunistic Fixed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Global Advisors | 3.62% |
| Umbs, Tba | 2.72% |
| Umbs, Tba | 2.01% |
| United States Treasury | 1.62% |
| Deutsche Bank Securities, Inc. | 0.96% |
| BofA Securities, Inc. | 0.95% |
| United States Treasury | 0.84% |
| United States Treasury | 0.72% |
| Umbs, Tba | 0.71% |
| Umbs, Tba | 0.71% |
MOFAX Portfolio Allocation
Asset-class allocation of Mercer Opportunistic Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 61.0% |
| Securitized | 22.6% |
| Loans | 16.8% |
| Cash & Equivalents | 6.5% |
| Equity | 2.1% |
| Derivatives | 0.4% |
MOFAX Performance
Total returns for MOFAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.9% |
| 1 year | 7.1% |
| 3 years (annualised) | 6.4% |
| 5 years (annualised) | 2.4% |
MOFAX Risk Information
Risk metrics for MOFAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
MOFAX Costs and Fees
MOFAX costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.43%
- Portfolio turnover: 77%
- Brokerage commissions: 0.71 bps of average net assets (SEC N-CEN)
MOFAX Cashflows
Over the 12 months to 2026-03, Mercer Opportunistic Fixed Income Fund had net inflows of $268.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$5.48M |
| 2026-02 | −$1.29M |
| 2026-01 | $26.24M |
| 2025-12 | $114.44M |
| 2025-11 | $318.35M |
| 2025-10 | $10.67M |
MOFAX Debt Constituents
Largest debt holdings of Mercer Opportunistic Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 1.62% |
| United States Treasury | 0.84% |
| United States Treasury | 0.72% |
| United States Treasury | 0.69% |
| United States Treasury | 0.62% |
| United States Treasury | 0.46% |
| Republic Of South Africa | 0.40% |
| Mex Bonos Desarr Fix Rt | 0.39% |
| United States Treasury | 0.32% |
| Athenahealth Group, Inc. | 0.27% |
MOFAX Prospectus and SEC Filings
Official Mercer Opportunistic Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.