TCW MetWest Floating Rate Income Fund Class M (MWFRX)
| 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.
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% |