TCW MetWest Ultra Short Bond I (MWUIX)
| Fund Assets | 41.68M |
| Expense Ratio | 0.35% |
| Min. Investment | $3,000,000 |
| Turnover | 553.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 4.22% |
| Dividend Growth | -1.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 4.190 |
| YTD Return | 1.90% |
| 1-Year Return | 2.73% |
| 5-Year Return | 7.98% |
| 52-Week Low | 4.120 |
| 52-Week High | 4.190 |
| Beta (5Y) | 0.06 |
| Holdings | 231 |
| 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 2.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.69%.
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
50.21% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Notes | T.3.5 09.30.27 | 13.54% |
| TCW Central Cash Fund | TGCXX | 12.80% |
| INT DEVELOPMENT FIN CORP - United States International Development Finance Corp | DFC.1.49 08.15.31 2 | 3.85% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.5 10.11 | 3.70% |
| United States Treasury - U.S. Treasury Notes | n/a | 3.43% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.4.5 10.11 | 3.42% |
| JPMorgan Chase & Co | JPM.V1.04 02.04.27 | 2.81% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.4 10.11 | 2.36% |
| Bank of America Corp | BAC.V3.824 01.20.28 MTN | 2.35% |
| United States Treasury - U.S. Treasury Notes | T.3.375 09.15.28 | 1.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.01518 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01473 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01491 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01436 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01489 | Jun 30, 2025 |
| May 30, 2025 | $0.0167 | May 30, 2025 |