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Metropolitan West Low Duration Bd I MWLIX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
8.91  /  0.01 %
Total Assets
2.7 Bil
Adj. Expense Ratio
0.420%
Expense Ratio
0.420%
Fee Level
Below Average
Longest Manager Tenure
24.33 years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
3,000,000
Status
Open
TTM Yield
1.10%
Effective Duration
1.35 years

USD | NAV as of Jul 30, 2021 | 1-Day Return as of Jul 30, 2021, 10:23 PM GMT+00:00

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Morningstar’s Analysis

Will MWLIX outperform in future?

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

Process Pillar

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

People Pillar

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The People Pillar is our evaluation of the MWLIX 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

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

An impressive, well-balanced short-term bond strategy.

Associate Director

Summary

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Metropolitan West Low Duration Bond is run by an impressive team that has continued to execute and refine a disciplined, valuation-driven strategy. As a result, the cheapest Institutional share class earns a Morningstar Analyst Rating of Gold, while the more expensive share classes are rated Silver.

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