TCW MetWest Low Duration Bond Fund Class M (MWLDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.43
-0.02 (-0.24%)
At close: Mar 12, 2026
Fund Assets920.82M
Expense Ratio0.63%
Min. Investment$5,000
Turnover454.00%
Dividend (ttm)0.35
Dividend Yield4.12%
Dividend Growth-10.34%
Payout FrequencyMonthly
Ex-Dividend DateFeb 27, 2026
Previous Close8.45
YTD Return0.01%
1-Year Return4.25%
5-Year Return8.44%
52-Week Low8.34
52-Week High8.50
Beta (5Y)0.10
Holdings479
Inception DateMar 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.

Fund Family TCW
Category Short-Term Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MWLDX
Share Class Class M
Index ICE BofA Treasury 1-3 Year TR

Performance

MWLDX had a total return of 4.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MWLIXClass I0.43%
MWLNXAdministrative Class0.71%

Top 10 Holdings

41.16% of assets
NameSymbolWeight
Tcw FdsTGCXX17.41%
United States Treasury Notes 0.035%T.3.5 01.31.2814.94%
United States Treasury Notes 0.035%T.3.5 01.15.291.28%
JPMorgan Chase & Co. 0.0104%JPM.V1.04 02.04.271.23%
Government National Mortgage Association 0.05%G2SF.5 2.121.13%
Federal Home Loan Mortgage Corp. 0.045%FN.MA48051.08%
Wells Fargo & Co. 0.05574%WFC.V5.574 07.25.29 MTN1.07%
Government National Mortgage Association 0.04853%GNR.2024-143 FB1.05%
Federal National Mortgage Association 0.04897%FNR.2024-73 FB1.00%
HSBC Holdings PLC 0.02013%HSBC.V2.013 09.22.280.98%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Feb 27, 2026$0.01955Feb 27, 2026
Jan 30, 2026$0.02192Jan 30, 2026
Dec 31, 2025$0.04278Dec 31, 2025
Nov 28, 2025$0.02489Nov 28, 2025
Oct 31, 2025$0.03006Oct 31, 2025
Sep 30, 2025$0.02915Sep 30, 2025
Full Dividend History