Metropolitan West Total Return Bond is led by an impressive group of investors that executes a time-tested investment approach. However, an upcoming lead manager departure and the elevated potential for changes among senior leadership through 2022 has led to a downgrade of the strategy's People Pillar to Above Average from High. As a result, all share classes now earn a Morningstar Analyst Rating of Silver.
Will MWTRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MWTRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MWTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MWTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.