TCW MetWest Low Duration Bond Fund Class M (MWLDX)
| Fund Assets | 920.82M |
| Expense Ratio | 0.63% |
| Min. Investment | $5,000 |
| Turnover | 454.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.12% |
| Dividend Growth | -10.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 8.39 |
| YTD Return | -0.46% |
| 1-Year Return | 3.89% |
| 5-Year Return | 8.05% |
| 52-Week Low | 8.34 |
| 52-Week High | 8.50 |
| Beta (5Y) | 0.10 |
| Holdings | 475 |
| 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 3.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.02%.
Top 10 Holdings
44.69% of assets| Name | Symbol | Weight |
|---|---|---|
| TCW Central Cash Cash Management | TGCXX | 21.57% |
| United States Treasury Notes 0.03375% | T.3.375 02.29.28 | 14.45% |
| Federal National Mortgage Association 0.05% | FNCL.5 3.12 | 1.30% |
| Government National Mortgage Association 0.045% | G2SF.4.5 3.12 | 1.17% |
| JPMorgan Chase & Co. 0.03782% | JPM.V3.782 02.01.28 | 1.15% |
| United States Treasury Notes 0.035% | T.3.5 02.15.29 | 1.06% |
| Federal Home Loan Mortgage Corp. 0.045% | FN.MA4805 | 1.03% |
| Wells Fargo & Co. 0.05574% | WFC.V5.574 07.25.29 MTN | 1.02% |
| Government National Mortgage Association 0.04812% | GNR.2024-143 FB | 0.98% |
| Federal National Mortgage Association 0.05% | FNCI.5 3.12 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.01955 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02192 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04278 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02489 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03006 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02915 | Sep 30, 2025 |