TCW MetWest Unconstrained Bd M (MWCRX)
| Fund Assets | 2.75B |
| Expense Ratio | 1.04% |
| Min. Investment | $5,000 |
| Turnover | 188.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 6.05% |
| Dividend Growth | -8.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.49 |
| YTD Return | 2.93% |
| 1-Year Return | 3.05% |
| 5-Year Return | 6.15% |
| 52-Week Low | 10.20 |
| 52-Week High | 10.52 |
| Beta (5Y) | n/a |
| Holdings | 914 |
| Inception Date | Sep 30, 2011 |
About MWCRX
TCW MetWest Unconstrained Bond Fund is an actively managed mutual fund designed to pursue positive long‑term returns across changing market cycles. The strategy operates without a traditional benchmark constraint, allocating dynamically across global fixed income sectors—including U.S. Treasuries, agency mortgage‑backed securities, corporate credit, securitized assets, and foreign bonds—while employing derivatives and both long and short positions to manage interest‑rate risk, credit exposure, and currency dynamics. The fund targets flexibility in duration, with the ability to reduce it to low or even negative levels to navigate rate regimes, a hallmark of the nontraditional bond category. It distributes income monthly and has a track record dating to 2011 under the Metropolitan West/TCW fixed income platform. With a broad opportunity set and active risk management, TCW MetWest Unconstrained Bond Fund aims to serve as a diversified core complement or tactical fixed income holding within multi‑asset portfolios, emphasizing absolute‑return principles over index replication.
Performance
MWCRX had a total return of 3.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.61%.
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 | $0.03992 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03493 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04532 | Jul 31, 2025 |
| Jun 30, 2025 | $0.06159 | Jun 30, 2025 |
| May 30, 2025 | $0.0621 | May 30, 2025 |
| Apr 30, 2025 | $0.05311 | Apr 30, 2025 |