TCW MetWest Ultra Short Bond Fund Class M (MWUSX)
| Fund Assets | 40.34M |
| Expense Ratio | 0.51% |
| Min. Investment | $5,000 |
| Turnover | 553.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 4.07% |
| Dividend Growth | -2.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 4.170 |
| YTD Return | 5.25% |
| 1-Year Return | 6.58% |
| 5-Year Return | 13.58% |
| 52-Week Low | 3.900 |
| 52-Week High | 4.170 |
| Beta (5Y) | n/a |
| Holdings | 239 |
| Inception Date | Jun 30, 2003 |
About MWUSX
TCW MetWest Ultra Short Bond Fund Class M is an open‑end mutual fund focused on **ultra‑short‑duration fixed income**. Its primary objective is to maximize current income while preserving capital, using a flexible approach to manage credit exposure and limit interest rate sensitivity, which the managers describe as a central risk for bond investors. The portfolio spans high‑quality **government, agency mortgage‑backed, securitized, and investment‑grade corporate** instruments, with significant use of U.S. Treasury notes and agency MBS to anchor liquidity and quality. Positioned in the **Ultrashort Bond** category, the strategy aims to keep duration very low—generally around a year or less under normal conditions—to dampen price volatility from rate moves. The fund’s role in the market is to serve as a cash‑plus allocation, offering enhanced income over traditional cash vehicles while maintaining tight risk controls and broad diversification across hundreds of holdings. Key characteristics include a relatively high portfolio turnover reflecting active positioning, institutional‑style credit research from the TCW/Metropolitan West team, and daily liquidity for efficient cash management.
Performance
MWUSX had a total return of 6.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.99%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MWUIX | Class I | 0.35% |
Top 10 Holdings
42.91% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.03375% | T.3.375 12.31.27 | 13.21% |
| Tcw Fds | TGCXX | 10.98% |
| U.S. International Development Finance Corporation 0.0149% | DFC.1.49 08.15.31 2 | 3.19% |
| Federal National Mortgage Association 0.05% | FNCI.5 1.12 | 3.08% |
| Federal National Mortgage Association 0.045% | FNCI.4.5 1.12 | 2.83% |
| JPMorgan Chase & Co. 0.0104% | JPM.V1.04 02.04.27 | 2.43% |
| Bank of America Corp. 0.03824% | BAC.V3.824 01.20.28 MTN | 2.02% |
| Federal National Mortgage Association 0.04% | FNCI.4 1.12 | 1.93% |
| Citigroup Inc. 0.01462% | C.V1.462 06.09.27 | 1.66% |
| United States Treasury Notes 0.035% | T.3.5 12.15.28 | 1.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.0193 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0123 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01453 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01412 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0143 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01376 | Jul 31, 2025 |