TCW MetWest Floating Rate Income Fund Class M (MWFRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.49
-0.01 (-0.11%)
Inactive · Last trade price on Nov 18, 2024
1.06%
Fund Assets 299.37M
Expense Ratio 0.91%
Min. Investment $5,000
Turnover 77.00%
Dividend (ttm) n/a
Dividend Yield n/a
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date n/a
Previous Close 9.50
YTD Return 6.27%
1-Year Return 8.58%
5-Year Return 25.03%
52-Week Low 9.41
52-Week High 9.53
Beta (5Y) 0.18
Holdings 362
Inception Date Jul 1, 2013

About MWFRX

The investment seeks primarily to maximize current income, with a secondary objective of long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in floating rate investments and in investments that are the economic equivalent of floating rate investments. The fund's investments may have any credit quality without limitation, including investments rated below investment grade. Under normal circumstances, a substantial portion of the fund's portfolio will consist of leveraged loans rated below investment grade or unrated.

Fund Family TCW
Category Bank Loan
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol MWFRX
Share Class Class M
Index Morningstar LSTA US Leveraged Loan TR USD

Performance

MWFRX had a total return of 8.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.00%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FFRAX Fidelity Fidelity Advisor Floating Rate High Income Fund - Class A 1.03%
FFRTX Fidelity Fidelity Advisor Floating Rate High Income Fund - Class M 1.01%
FFRCX Fidelity Fidelity Advisor Floating Rate High Income Fund - Class C 1.78%
FIQSX Fidelity Fidelity Advisor Floating Rate High Income Fund - Class Z 0.68%
FFRHX Fidelity Fidelity Floating Rate High Income Fund 0.73%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
MWFLX Class I 0.71%

Top 10 Holdings

6.86% of assets
Name Symbol Weight
EagleView Technology Corportion - EagleView Technology Corp EAGTEC L 08.14.25 1 0.86%
MAGNITE INC MGNI L 02.06.31 2 0.83%
AI AQUA MERGER SUB INC CULLHO L 07.31.28 2 0.77%
Xerox Corporation - XEROX CORP XRXCRP L 11.19.29 2 0.65%
Victory Buyer LLC VNTELV L 11.20.28 2 0.64%
ALPHA GENERATION LLC ALPGEN L 09.30.31 1 0.64%
Parexel International Inc (f/k/a Phoenix Newco Inc) - PHOENIX NEWCO INC PRXL L 11.15.28 4 0.64%
Element Materials Technology Group US Holding Inc - Element Materials Technology Group US Holdings Inc n/a 0.62%
Corporation Service Company - WMB HOLDINGS INC CRPSER L 11.05.29 3 0.60%
Kamc Holdings Inc KAMHOL L 08.14.26 1A 0.60%
View More Holdings