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Metropolitan West Total Return Bd M MWTRX

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TCW Says No Evidence of Harm to Investors Following Cyberattack

Associate Director

Analyst Note

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TCW, which is the parent to the TCW and Metropolitan West fund lineups, reported that it was the victim of a recent cyberattack, though the nature of the attack was not made public. It immediately hired a cyber-security firm to help inventory and clean the affected software systems. The firm's strategy assets are held with a bank custodian and therefore were not impacted. As TCW worked through the software issues, it confirmed that it was able to trade and manage portfolios without disruption. This news does not impact TCW's Average Parent rating.

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