Bridge Builder Core Plus Bond
BBCPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Milwaukee, WI 53202 Milwaukee WI United States of America 53202
- IPO Date
- Jul 13, 2015
- CIK
- 0001567101
- Similar Companies
- Business
- Bridge Builder Core Plus Bond Fund (BBCPX) is an open-end mutual fund that seeks total return through capital appreciation and income by investing primarily in fixed-income securities. The fund normally allocates at least 80% of its net assets to a diversified portfolio of U.S. dollar-denominated debt instruments of varying maturities and durations, including U.S. government and agency securities, corporate bonds, asset-backed securities, mortgage-backed securities, and high-yield below-investment-grade securities known as junk bonds; it also employs derivatives such as futures, forwards, and swaps with similar economic characteristics, as well as investments in other fixed-income oriented investment companies. Assets are managed through a multi-manager sub-advised structure featuring sub-advisers Loomis, Sayles & Company, L.P., which focuses on securities of issuers with improving credit profiles and sector yield analysis; Metropolitan West Asset Management, LLC, which applies a value-oriented approach based on long-term economic outlooks; Pacific Investment Management Company LLC (PIMCO), which constructs multi-sector portfolios potentially represented by derivatives; and BlackRock Investment Management, LLC, which opportunistically trades fixed-income securities and related derivatives. The fund, part of Bridge Builder Trust—a series trust affiliated with The Jones Financial Companies, L.L.L.P. (parent of Edward Jones), with administrative offices in Des Peres, Missouri—was incepted on July 13, 2015, and as of late 2024 manages approximately $34.36-$44.30 billion in assets benchmarked against the Bloomberg U.S. Aggregate Bond Index, primarily serving investors through eligible Edward Jones advisory programs in the United States. Recent developments include the addition of new portfolio managers in 2025, such as James Dignan, Anthony Brekke, Adam Rubinson, Lucinda Johns, and Nils Reuter effective June 30, 2025, alongside Ruben Hovhannisyan and Jerry Cudzil from October 2023, reflecting ongoing enhancements to the multi-manager team's expertise amid sustained net expense ratio waivers through at least October 2024 that maintain costs at 0.20%. The fund continues monthly income distributions, with recent payouts such as $0.03585352 per share on November 26, 2025, and maintains a portfolio of over 4,000 holdings diversified across government (emphasizing Treasury futures), securitized, and corporate sectors.