Skip to Content
Morningstar

Metropolitan West Unconstrained Bd I MWCIX

Morningstar Medalist Rating
Medalist Rating as of | See Metropolitan West Investment Hub
  • NAV / 1-Day Return 10.14  /  +0.22 %
  • Total Assets 2.5 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 3.0 Mil
  • Status Open
  • TTM Yield 6.63%
  • Effective Duration 3.24 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MWCIX

Will MWCIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MWCIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MWCIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MWCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The end of one era, and the beginning of another.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

With TCW poised to lose two of its leading voices to retirement, the firm's remaining strengths are not enough to compensate for their departures. Many strengths remain, but in recognition of that loss, the fund's People rating has been downgraded to Above Average from High.

by Brian Moriarty
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MWCIX

More MWCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20240412 00908

2.99 77.0 Mil
Derivative

Federal National Mortgage Association 4.5%

2.00 51.5 Mil
Securitized

Federal National Mortgage Association 2.5%

1.61 41.5 Mil
Securitized

Government National Mortgage Association 4.5%

1.49 38.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 4.5%

1.26 32.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 2%

1.25 32.2 Mil
Securitized

Government National Mortgage Association 5%

1.25 32.0 Mil
Securitized

Federal National Mortgage Association 5%

1.24 32.0 Mil
Securitized

Federal National Mortgage Association 4%

1.09 28.1 Mil
Securitized

Federal Home Loan Mortgage Corp. 4%

0.99 25.4 Mil
Securitized