MOFYX — Mercer Opportunistic Fixed Income Fund
Data updated: 2026-08-21
MOFYX — Mercer Opportunistic Fixed Income Fund. Intermediate Total / Aggregate Bond · $2.04B AUM. Holdings, fees, performance and SEC filings.
MOFYX Fund Overview
MOFYX — 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: $2.04B
- Ticker: MOFYX
- SEC CIK: 0001320615
- SEC series ID: S000041478
- Share class ID: C000128967
MOFYX Investment Objective and Strategy
Mercer Opportunistic Fixed Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mercer Funds.
Investment objective
The investment objective of the Fund is to provide long-term total return, which includes capital appreciation and income.
Principal investment strategy
Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes, if any) in fixed income securities. If the Fund changes this investment policy, the Fund will notify shareholders at least 60 days in advance of the change. In seeking to achieve the Funds investment objective of total return, the Fund invests primarily in fixed income securities of U.S. and non-U.S. issuers, including those in emerging and frontier markets. The Fund invests in various strategic and tactical global bond market opportunities without limitations in geography (developed and emerging markets), issuer type (government/public sector and corporate/private sector), quality (investment grade, below investment grade or unrated), and currency denomination (U.S. Dollar and foreign currencies).
Fixed income securities in which the Fund will invest include all varieties of fixed-rate and floating-rate securities (including but not limited to those issued by central and local governments, government agency and affiliated institutions, corporate bonds, mortgage- and other asset-backed securities, and convertible securities). The Fund may invest in bank loans and loan participations and senior and subordinated debt securities. The Fund may invest a significant portion of its assets in any combination of non-investment grade bonds (sometimes called high yield or junk bonds), bonds issued by issuers in emerging capital markets, and certain derivative instruments. A lesser portion of the Funds assets may be invested in securities in default or otherwise illiquid instruments. The Fund may invest in derivatives such as futures (including, among others, currency futures and interest rate futures), swaps (currency, interest rate, credit default, and total return), forwards, options (including, among others, exchange-traded and over-the-counter currency options), and credit-linked notes.
The Fund may engage in transactions in derivatives for a variety of purposes, including hedging, efficient portfolio management, changing the investment characteristics of its portfolio, enhancing total returns, or as a substitute for taking a position in the underlying asset. Investments in derivatives may be applied toward meeting a requirement to invest in a particular kind of investment if the derivatives have economic characteristics similar to that investment.
MOFYX 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 | 3.45% |
| Umbs, Tba | 1.21% |
| BNP Paribas SA | 1.16% |
| Titulos De Tesoreria | 1.08% |
| Republic Of South Africa | 1.07% |
| Umbs, Tba | 1.05% |
| United States Treasury | 0.89% |
| United States Treasury | 0.87% |
| United States Treasury | 0.86% |
| Umbs, Tba | 0.75% |
MOFYX 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 | 61.6% |
| Securitized | 20.2% |
| Loans | 18.1% |
| Cash & Equivalents | 4.1% |
| Derivatives | 1.4% |
| Equity | 1.2% |
| Real Estate | 0.1% |
MOFYX Performance
Total returns for MOFYX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.2% |
MOFYX Costs and Fees
MOFYX costs about $66 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.66%
- Gross expense ratio: 0.84%
- Portfolio turnover: 246%
- Brokerage commissions: 0.71 bps of average net assets (SEC N-CEN)
MOFYX Cashflows
Over the 12 months to 2026-06, Mercer Opportunistic Fixed Income Fund had net inflows of $223.53M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$47.42M |
| 2026-05 | −$25.34M |
| 2026-04 | −$35.41M |
| 2026-03 | −$5.48M |
| 2026-02 | −$1.29M |
| 2026-01 | $26.24M |
MOFYX 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 |
|---|---|
| Titulos De Tesoreria | 1.08% |
| Republic Of South Africa | 1.07% |
| United States Treasury | 0.89% |
| United States Treasury | 0.87% |
| United States Treasury | 0.86% |
| United States Treasury | 0.62% |
| Egypt Government International Bonds | 0.59% |
| Romania | 0.51% |
| United States Treasury | 0.44% |
| Govt Of Bermuda | 0.42% |
MOFYX Prospectus and SEC Filings
Official Mercer Opportunistic Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-29
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus supplement (497) — filed 2026-07-23
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-13
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-06-08
- Annual census (N-CEN) — filed 2025-06-11
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.