TCW MetWest Unconstrained Bd Plan (MWCPX)
| Fund Assets | 2.64B |
| Expense Ratio | 0.69% |
| Min. Investment | $25,000,000 |
| Turnover | 188.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 6.39% |
| Dividend Growth | -11.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 10.43 |
| YTD Return | 7.70% |
| 1-Year Return | 8.78% |
| 5-Year Return | 17.04% |
| 52-Week Low | 9.57 |
| 52-Week High | 10.43 |
| Beta (5Y) | n/a |
| Holdings | 919 |
| Inception Date | Mar 6, 2020 |
About MWCPX
TCW MetWest Unconstrained Bond Fund is an open‑end mutual fund designed to pursue positive long‑term returns across changing market environments. The strategy is “unconstrained,” giving managers broad latitude to allocate within the global fixed income universe, including investment‑grade and high‑yield corporates, securitized credit, bank loans, emerging markets debt, and developed‑market sovereigns, with active duration and yield curve positioning. According to the adviser, the fund seeks return irrespective of general securities market conditions and may invest at least 80% of assets in bonds and related instruments in the U.S. and abroad, spanning varying maturities and issuers across corporate and government sectors. It distributes income monthly and has been positioned within the nontraditional or absolute‑return bond category, emphasizing flexible risk management and diversification benefits relative to traditional core bond allocations. Managed within the Metropolitan West/TCW platform, the fund’s approach leverages bottom‑up security selection and top‑down macro views to navigate credit, interest rate, and liquidity cycles while aiming to provide a differentiated fixed income profile within multi‑asset and fixed income portfolios.
Performance
MWCPX had a total return of 8.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.07%.
Top 10 Holdings
14.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Tcw Fds | n/a | 4.52% |
| United States Treasury Notes 0.03625% | T.3.625 10.31.30 | 2.34% |
| TCW Private Asset Income I | n/a | 1.48% |
| Government National Mortgage Association 0.05% | G2SF.5 12.11 | 1.10% |
| Federal Home Loan Mortgage Corp. 0.045% | FR.SD8275 | 0.98% |
| Federal National Mortgage Association 0.05% | FNCL.5 12.11 | 0.93% |
| Government National Mortgage Association 0.035% | n/a | 0.89% |
| Federal Home Loan Mortgage Corp. 0.04% | n/a | 0.79% |
| Federal National Mortgage Association 0.03% | FN.FS6943 | 0.68% |
| Cash & Cash Equivalents | n/a | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.04969 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04426 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05002 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04283 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03762 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04829 | Jul 31, 2025 |