About MWCIX
TCW MetWest Unconstrained Bond Fund Class I is an actively managed mutual fund in the nontraditional bond category, designed to pursue positive long-term returns independent of broad market direction. The strategy employs a flexible, benchmark-agnostic approach that can allocate across global fixed income, including investment-grade and high yield corporates, securitized credit, government bonds, and foreign issuers, with the mandate to invest at least a substantial majority of assets in bonds in the U.S. and abroad across varying maturities. The fund emphasizes dynamic duration and yield-curve positioning, sector rotation, and security selection, allowing managers to adjust interest-rate exposure and credit risk as conditions evolve. It distributes income monthly and has a Class I minimum investment tailored to institutions. The vehicle’s role in the market is to provide diversifying fixed-income exposure that can navigate shifting rate regimes and credit cycles by expanding beyond traditional benchmark constraints. Managed by TCW/MetWest’s fixed-income team, it targets risk-adjusted total return through active management, liquidity oversight, and broad opportunity sourcing across hundreds of holdings.
Fund Family TCW
Category Nontraditional Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MWCIX
Share Class Class I
Index ICE BofA USD 3 Mth Deposit Offer Rt Const Mat TR
MWCIX had a total return of 2.62% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.98%.
