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Morningstar

Metropolitan West High Yield Bond M MWHYX

Morningstar Medalist Rating
Medalist Rating as of | See Metropolitan West Investment Hub
  • NAV / 1-Day Return 9.11  /  +0.13 %
  • Total Assets 462.4 Mil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 6.44%
  • Effective Duration 3.16 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 12:30 AM GMT+0

Morningstar’s Analysis MWHYX

Will MWHYX 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 MWHYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MWHYX 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 MWHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Metropolitan West High Yield Bond M boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings MWHYX

More MWHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash & Cash Equivalents

8.87 41.3 Mil
Cash and Equivalents

Usd/Eur Fwd 20240412 00908

2.58 12.0 Mil
Derivative

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.5%

2.34 10.9 Mil
Corporate

Tenet Healthcare Corporation 5.125%

1.68 7.8 Mil
Corporate

Centene Corporation 4.25%

1.67 7.8 Mil
Corporate

TransDigm, Inc. 6.375%

1.42 6.6 Mil
Corporate

Ford Motor Credit Company LLC 3.664%

1.41 6.6 Mil
Corporate

Ford Motor Credit Company LLC 4.063%

1.29 6.0 Mil
Corporate

CSC Holdings, LLC 6.5%

1.27 5.9 Mil
Corporate

VICI Properties LP 4.95%

1.17 5.5 Mil
Corporate