TCW MetWest Low Duration Bd M (MWLDX)
| Fund Assets | 884.02M |
| Expense Ratio | 0.63% |
| Min. Investment | $5,000 |
| Turnover | 454.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.13% |
| Dividend Growth | -1.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.44 |
| YTD Return | 2.13% |
| 1-Year Return | 3.00% |
| 5-Year Return | 5.34% |
| 52-Week Low | 8.28 |
| 52-Week High | 8.49 |
| Beta (5Y) | 0.09 |
| Holdings | 489 |
| Inception Date | Mar 31, 1997 |
About MWLDX
TCW MetWest Low Duration Bond Fund Class M is an actively managed mutual fund focused on short-term, investment-grade fixed income. Its primary objective is to provide current income with modest interest rate sensitivity by maintaining a low effective duration, typically in the one- to three-year range, to help dampen price volatility when rates move. The portfolio invests broadly across U.S. Treasuries, agencies, securitized credit such as mortgage-backed and asset-backed securities, and corporate bonds, with an emphasis on investment-grade issuers. Management benchmarks the strategy to a 1–3 year U.S. Treasury index while allocating meaningfully to higher-spread sectors to enhance yield relative to pure government exposure. The fund’s role in the market is to serve as a core short-term bond holding for conservative allocations, liquidity tiers, or as a rate-risk ballast within diversified fixed income sleeves. It seeks to balance credit quality and income generation through diversified sector exposure and disciplined duration management, offering a structured approach for investors prioritizing capital preservation and steady income over longer-term total return potential.
Performance
MWLDX had a total return of 3.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.98%.
Top 10 Holdings
30.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Tcw Fds | TGCXX | 12.83% |
| United States Treasury Notes 0.0375% | T.3.75 06.30.27 | 3.03% |
| Federal National Mortgage Association 0.05% | FNCI.5 7.11 | 2.83% |
| Federal National Mortgage Association 0.045% | FNCI.4.5 7.11 | 2.73% |
| Federal National Mortgage Association 0.04% | FNCI.4 7.11 | 1.86% |
| United States Treasury Notes 0.03875% | T.3.875 06.15.28 | 1.58% |
| Federal National Mortgage Association 0.045% | FNCL.4.5 7.11 | 1.42% |
| Federal National Mortgage Association 0.035% | FNCI.3.5 7.11 | 1.31% |
| JPMorgan Chase & Co. 0.0104% | JPM.V1.04 02.04.27 | 1.25% |
| Federal National Mortgage Association 0.05% | FNCL.5 7.11 | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02246 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02675 | Jun 30, 2025 |
| May 30, 2025 | $0.0346 | May 30, 2025 |
| Apr 30, 2025 | $0.02465 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02757 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02932 | Feb 28, 2025 |