Morningstar

TCW MetWest Low Duration Bond Fund Class I-3 MWLZX

Morningstar Medalist Rating
Medalist Rating as of | See TCW Investment Hub
  • NAV / 1-Day Return 9.88  /  −0.10 %
  • Total Assets 885.6M
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.540%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.03%
  • Effective Duration 2.21 years

USD | NAV as of Sep 05, 2026 | 1-Day Return as of Sep 05, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MWLZX

Will MWLZX outperform in the 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 MWLZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Improving after a mediocre period.

Principal Brian Moriarty

Brian Moriarty

Principal

Summary

Buoyed by its sound, valuation-sensitive approach, TCW MetWest Low Duration Bond is emerging from both a leadership transition and a period of underperformance.

by Brian Moriarty
Rated on Published on

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Portfolio Holdings MWLZX

More MWLZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.0425%

18.58 188M
Government

TCW Central Cash Cash Management

3.42 35M
Cash and Equivalents

Federal National Mortgage Association 0.05%

2.21 22M
Securitized

Government National Mortgage Association 0.04%

1.86 19M
Securitized

United States Treasury Notes 0.04125%

1.83 18M
Government

JPMorgan Chase & Co. 0.03782%

1.36 14M
Corporate

Wells Fargo & Co. 0.03526%

1.15 12M
Corporate

Citigroup Inc. 0.0352%

1.13 11M
Corporate

Federal National Mortgage Association 0.045%

1.11 11M
Securitized

HSBC Holdings PLC 0.02013%

1.10 11M
Corporate

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