TCW MetWest Low Duration Bond Fund Administrative Class (MWLNX)
| Fund Assets | 878.48M |
| Expense Ratio | 0.71% |
| Min. Investment | $2,500 |
| Turnover | 454.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.03% |
| Dividend Growth | -8.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.94 |
| YTD Return | 6.01% |
| 1-Year Return | 6.67% |
| 5-Year Return | 11.24% |
| 52-Week Low | 10.20 |
| 52-Week High | 10.92 |
| Beta (5Y) | n/a |
| Holdings | 489 |
| Inception Date | Sep 22, 2009 |
About MWLNX
TCW MetWest Low Duration Bond Fund – Admin Class is an open‑end mutual fund focused on short‑term, investment‑grade fixed income. Its primary objective is to maximize current income while preserving capital, typically by maintaining a low effective duration to help mitigate interest‑rate sensitivity. The portfolio centers on high‑quality U.S. bonds, including government and agency securities, securitized exposures such as mortgage‑backed instruments, and select corporate credit, aligning with a short‑term bond mandate. The strategy is benchmarked to the ICE BofA 1‑3 Year U.S. Treasury Index, yet employs active security selection and sector allocation to enhance income within prudent risk limits. This fund plays a role as a core short‑duration holding for investors seeking stability of principal and modest yield pickup over cash, offering diversified fixed‑income exposure with an emphasis on liquidity and credit discipline. Morningstar categorizes it in the Short‑Term Bond group and notes medium credit quality with limited interest‑rate sensitivity, consistent with its low duration profile.
Performance
MWLNX had a total return of 6.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.30%.
Top 10 Holdings
30.80% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.03375% | T.3.375 12.31.27 | 13.23% |
| Tcw Fds | TGCXX | 3.33% |
| Federal National Mortgage Association 0.05% | FNCI.5 1.12 | 2.99% |
| Federal National Mortgage Association 0.045% | FNCI.4.5 1.12 | 2.88% |
| Federal National Mortgage Association 0.04% | FNCI.4 1.12 | 1.94% |
| United States Treasury Notes 0.035% | T.3.5 12.15.28 | 1.42% |
| Federal National Mortgage Association 0.035% | FNCI.3.5 1.12 | 1.37% |
| JPMorgan Chase & Co. 0.0104% | JPM.V1.04 02.04.27 | 1.32% |
| United States Treasury Notes 0.03625% | T.3.625 12.31.30 | 1.17% |
| Federal Home Loan Mortgage Corp. 0.045% | FN.MA4805 | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02656 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05342 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03063 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03688 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03257 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03016 | Aug 29, 2025 |