TCW Securitized Bond Fund Class N (TGMNX)
| Fund Assets | 1.60B |
| Expense Ratio | 0.70% |
| Min. Investment | $2,000 |
| Turnover | 307.34% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 7.03% |
| Dividend Growth | -9.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 7.92 |
| YTD Return | 0.95% |
| 1-Year Return | 5.57% |
| 5-Year Return | -3.21% |
| 52-Week Low | 7.88 |
| 52-Week High | 8.22 |
| Beta (5Y) | -0.02 |
| Holdings | 484 |
| Inception Date | Feb 26, 1999 |
About TGMNX
TCW Securitized Bond Fund Class N is an actively managed mutual fund specializing in securitized debt instruments. Its primary function is to provide investors with targeted exposure to the securitized products market, which includes agency and non-agency residential and commercial mortgage-backed securities (MBS), as well as other asset-backed securities. The fund typically allocates at least 80% of its net assets to various debt securities, seeking diversified income and capital preservation within the intermediate core-plus bond category. A notable feature of this fund is its flexible approach, allowing investments not only in traditional mortgage-backed assets but also in derivatives such as options, futures, and swaps for management and hedging purposes. With assets totalling around $1.7 billion and over 400 holdings, the fund demonstrates broad diversification within its sector. The portfolio’s top holdings are heavily weighted toward government-sponsored mortgage instruments, emphasizing its role in the fixed-income segment tied to the U.S. real estate and asset-backed markets. TCW Securitized Bond Fund Class N is primarily suited for investors seeking exposure to the complexities of securitized credit without concentrating on a single issuer or sector, contributing important diversification potential within larger bond allocations.
Performance
TGMNX had a total return of 5.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.62%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.0398 | Jun 29, 2026 |
| May 29, 2026 | $0.0398 | May 29, 2026 |
| Apr 30, 2026 | $0.0398 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0424 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0424 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0424 | Jan 30, 2026 |