TCW MetWest Ultra Short Bond Fund Class Institutional (MWUIX)
| Fund Assets | 39.17M |
| Expense Ratio | 0.35% |
| Min. Investment | $3,000,000 |
| Turnover | 553.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 4.22% |
| Dividend Growth | -5.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 4.180 |
| YTD Return | 0.26% |
| 1-Year Return | 3.95% |
| 5-Year Return | 12.31% |
| 52-Week Low | 4.140 |
| 52-Week High | 4.200 |
| Beta (5Y) | 0.06 |
| Holdings | 226 |
| Inception Date | Jul 30, 2004 |
About MWUIX
TCW MetWest Ultra Short Bond Fund – Institutional Class is an actively managed ultrashort fixed-income mutual fund designed to provide current income while emphasizing preservation of capital and low interest rate sensitivity. According to the adviser, the strategy maintains an average duration of up to one year under normal conditions, positioning it to mitigate rate-driven volatility relative to intermediate bond funds. The portfolio invests primarily in investment-grade U.S. fixed-income, spanning U.S. Treasuries, agency mortgage-backed and asset-backed securities, and high-quality corporate credit, reflecting the ultrashort-bond category’s focus on short-dated, high-quality exposures. This profile aims to serve as a cash management tool or core liquidity sleeve for institutions seeking incremental yield above money market vehicles, while retaining tight risk controls through limited duration and diversified sector allocation. The fund’s role in the market centers on providing a conservative income option for credit-tolerant investors who value stability, efficient liquidity, and disciplined duration management across changing rate environments.
Performance
MWUIX had a total return of 3.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.84%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MWUSX | Class M | 0.51% |
Top 10 Holdings
51.43% of assets| Name | Symbol | Weight |
|---|---|---|
| TCW Central Cash Cash Management | TGCXX | 27.02% |
| United States Treasury Notes 0.03375% | T.3.375 02.29.28 | 11.08% |
| U.S. International Development Finance Corporation 0.0149% | DFC.1.49 08.15.31 2 | 3.11% |
| Bank of America Corp. 0.03824% | BAC.V3.824 01.20.28 MTN | 2.05% |
| Citigroup Inc. 0.01462% | C.V1.462 06.09.27 | 1.69% |
| United States Treasury Notes 0.035% | T.3.5 02.15.29 | 1.50% |
| Federal National Mortgage Association 0.05% | FNCL.5 3.12 | 1.31% |
| Morgan Stanley Private Bank National Association 0.04204% | MS.V4.204 11.17.28 | 1.31% |
| JPMorgan Chase & Co. 0.03782% | JPM.V3.782 02.01.28 | 1.22% |
| Wells Fargo & Co. 0.02393% | WFC.V2.393 06.02.28 MTN | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.01296 | Mar 31, 2026 |
| Feb 27, 2026 | $0.00972 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01103 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01994 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01285 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01518 | Oct 31, 2025 |