TCW MetWest Unconstrained Bond Fund Class M (MWCRX)
| Fund Assets | 2.68B |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000,000 |
| Turnover | 254.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 6.05% |
| Dividend Growth | -20.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.31 |
| YTD Return | 0.72% |
| 1-Year Return | 4.32% |
| 5-Year Return | 8.19% |
| 52-Week Low | 10.31 |
| 52-Week High | 10.54 |
| Beta (5Y) | n/a |
| Holdings | 965 |
| Inception Date | n/a |
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 4.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
Top 10 Holdings
24.48% of assets| Name | Symbol | Weight |
|---|---|---|
| TCW Central Cash Cash Management | TGCXX | 7.65% |
| Federal National Mortgage Association 0.04% | FNCL.4 7.11 | 2.97% |
| Federal National Mortgage Association 0.035% | FNCL.3.5 7.11 | 2.45% |
| United States Treasury Notes 0.04125% | T.4.125 06.30.28 | 2.27% |
| Federal National Mortgage Association 0.05% | FNCL.5 7.11 | 1.83% |
| TCW Private Asset Income I | TPYTX | 1.70% |
| Government National Mortgage Association 0.04% | G2SF.4 7.11 | 1.64% |
| Federal National Mortgage Association 0.045% | FNCL.4.5 7.11 | 1.53% |
| Federal National Mortgage Association 0.055% | FNCL.5.5 7.11 | 1.45% |
| Cash & Cash Equivalents | n/a | 1.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04284 | Jun 30, 2026 |
| May 29, 2026 | $0.04455 | May 29, 2026 |
| Apr 30, 2026 | $0.04215 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04234 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03928 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04472 | Jan 30, 2026 |