On Wednesday, Aug. 25, 2021, TCW announced that Tad Rivelle would retire at the end of the year. Rivelle is currently group managing director and chief investment officer of fixed income, overseeing over $220 billion of fixed-income assets.
Metropolitan West Low Duration Bd Admin MWLNX
NAV / 1-Day Return
11.35
/
0.00
%
Total Assets
2.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.730%
Expense Ratio
0.730%
Fee Level
High
Longest Manager Tenure
24.82
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
2,500
Status
Open
TTM Yield
0.79%
Effective Duration
1.59
years
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Morningstar’s Analysis
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The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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Process Pillar
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People Pillar
The People Pillar is our evaluation of the MWLNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
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The Parent Pillar is our rating of MWLNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Pending Retirement of TCW’s Tad Rivelle Is Significant, but Impressive Managers Remain
