TCW MetWest Low Duration Bd I (MWLIX)
| Fund Assets | 872.12M |
| Expense Ratio | 0.43% |
| Min. Investment | $3,000,000 |
| Turnover | 454.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.31% |
| Dividend Growth | -2.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 8.47 |
| YTD Return | 2.41% |
| 1-Year Return | 3.11% |
| 5-Year Return | 5.95% |
| 52-Week Low | 8.28 |
| 52-Week High | 8.49 |
| Beta (5Y) | n/a |
| Holdings | 481 |
| Inception Date | Mar 31, 2000 |
About MWLIX
TCW MetWest Low Duration Bond Fund Class I is an institutional share class of a short‑term bond mutual fund focused on preserving capital while generating income from a diversified portfolio of high‑quality fixed income securities. The strategy emphasizes **low interest rate sensitivity**, typically targeting a short effective duration, and invests primarily in bonds, including U.S. Treasuries, agency mortgage‑backed securities, and select investment‑grade corporates to balance liquidity and credit exposure. Managed by TCW’s MetWest team, the fund maintains broad **sector diversification** and a flexible allocation approach to navigate shifting rate and credit cycles. It distributes income monthly and is structured for investors seeking **enhanced income** over cash with muted price volatility relative to longer‑duration bond funds. With a longstanding track record and institutional framework, the fund plays a role as a **core short‑duration allocation** in fixed income portfolios, serving as a parking place for capital, a ballast during interest rate transitions, and a complement to intermediate and long‑duration exposures. It is designed for capital efficiency through prudent credit selection and active duration management.
Performance
MWLIX had a total return of 3.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.58%.
Top 10 Holdings
29.45% of assets| Name | Symbol | Weight |
|---|---|---|
| US Treasury Note 0.035% | T.3.5 09.30.27 | 8.23% |
| Tcw Fds | TGCXX | 5.97% |
| Federal National Mortgage Association 0.05% | FNCI.5 10.11 | 2.95% |
| Federal National Mortgage Association 0.045% | FNCI.4.5 10.11 | 2.78% |
| US Treasury Note 0.03625% | T.3.625 09.30.30 | 2.49% |
| Federal National Mortgage Association 0.04% | FNCI.4 10.11 | 1.81% |
| US Treasury Note 0.03375% | T.3.375 09.15.28 | 1.49% |
| JPMorgan Chase & Co. 0.0104% | JPM.V1.04 02.04.27 | 1.28% |
| Federal National Mortgage Association 0.035% | FNCI.3.5 10.11 | 1.26% |
| Government National Mortgage Association 0.05539% | GNR.2024-143 FB | 1.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.03152 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03047 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02516 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02381 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02807 | Jun 30, 2025 |
| May 30, 2025 | $0.036 | May 30, 2025 |