TCW MetWest Unconstrained Bd Plan (MWCPX)
| Fund Assets | 2.75B |
| Expense Ratio | 0.69% |
| Min. Investment | $25,000,000 |
| Turnover | 188.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 6.39% |
| Dividend Growth | -8.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.48 |
| YTD Return | 3.10% |
| 1-Year Return | 3.01% |
| 5-Year Return | 9.06% |
| 52-Week Low | 10.19 |
| 52-Week High | 10.50 |
| Beta (5Y) | n/a |
| Holdings | 914 |
| 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 3.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.24%.
Top 10 Holdings
28.34% of assets| Name | Symbol | Weight |
|---|---|---|
| US Treasury Note 0.03625% | T.3.625 08.31.30 | 11.64% |
| Tcw Fds | TGCXX | 8.02% |
| Federal National Mortgage Association 0.045% | FNCL.4.5 9.11 | 1.50% |
| Federal National Mortgage Association 0.05% | FNCL.5 9.11 | 1.45% |
| Government National Mortgage Association 0.055% | G2SF.5.5 9.11 | 1.22% |
| TCW Private Asset Income I | TPYTX | 1.04% |
| Federal National Mortgage Association 0.04% | FNCL.4 9.11 | 1.00% |
| Government National Mortgage Association 0.05% | G2SF.5 9.11 | 0.94% |
| Federal Home Loan Mortgage Corp. 0.045% | FR.SD8275 | 0.86% |
| Federal Home Loan Mortgage Corp. 0.04% | FR.SD8265 | 0.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.04283 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03762 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04829 | Jul 31, 2025 |
| Jun 30, 2025 | $0.06443 | Jun 30, 2025 |
| May 30, 2025 | $0.0652 | May 30, 2025 |
| Apr 30, 2025 | $0.05599 | Apr 30, 2025 |