TCW MetWest Low Duration Bd I (MWLIX)
| Fund Assets | 884.02M |
| Expense Ratio | 0.43% |
| Min. Investment | $3,000,000 |
| Turnover | 454.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.32% |
| Dividend Growth | -1.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.44 |
| YTD Return | 2.17% |
| 1-Year Return | 3.13% |
| 5-Year Return | 6.04% |
| 52-Week Low | 8.28 |
| 52-Week High | 8.49 |
| Beta (5Y) | n/a |
| Holdings | 489 |
| 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 3.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.59%.
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 | $0.02381 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02807 | Jun 30, 2025 |
| May 30, 2025 | $0.036 | May 30, 2025 |
| Apr 30, 2025 | $0.02596 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0289 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03056 | Feb 28, 2025 |