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Trending ETFs

Metropolitan West Total Return Bond Fund

mutual fund
MWTRX
Dividend policy
Active
Price as of:
$10.89 -0.01 0%
primary theme
U.S. Intermediate-Term Bond Duration
MWTRX (Mutual Fund)

Metropolitan West Total Return Bond Fund

Dividend policy
Active
Price as of:
$10.89 -0.01 0%
primary theme
U.S. Intermediate-Term Bond Duration
MWTRX (Mutual Fund)
Metropolitan West Total Return Bond Fund
Dividend policy
Active
Price as of:
$10.89 -0.01 0%
primary theme
U.S. Intermediate-Term Bond Duration

MWTRX - Snapshot

Vitals

  • YTD Return -2.6%
  • 3 Yr Annualized Return 5.2%
  • 5 Yr Annualized Return 3.4%
  • Net Assets $86.8 B
  • Holdings in Top 10 48.9%

52 WEEK LOW AND HIGH

$10.90
$10.80
$11.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.67%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 405.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000
  • IRA $1,000

Fund Classification

  • Primary Theme U.S. Intermediate-Term Bond Duration
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Core-Plus Bond

Compare MWTRX to Popular U.S. Intermediate-Term Bond Duration Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$11.21

-0.09%

$298.93 B

-

$0.00

blocked
blocked
blocked

-3.53%

0.15%

$11.06

0.00%

$234.43 B

2.07%

$0.23

blocked
blocked
blocked

-3.49%

0.09%

$10.89

-0.09%

$86.78 B

1.33%

$0.15

blocked
blocked
blocked

-2.59%

0.67%

$13.41

-0.08%

$72.37 B

1.67%

$0.22

blocked
blocked
blocked

-2.76%

0.57%

$14.23

0.00%

$68.19 B

2.33%

$0.33

blocked
blocked
blocked

-2.87%

0.42%

Compare MWTRX to Popular U.S. Intermediate-Term Bond Duration ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$85.09

-0.07%

$298.93 B

2.13%

$1.82

blocked
blocked
blocked

-3.11%

0.04%

$114.39

-0.08%

$84.37 B

2.06%

$2.35

blocked
blocked
blocked

-2.83%

0.05%

$88.94

-0.08%

$38.57 B

2.18%

$1.94

blocked
blocked
blocked

-3.76%

0.05%

$52.98

-0.06%

$12.08 B

2.29%

$1.21

blocked
blocked
blocked

-2.57%

0.06%

$54.20

-0.07%

$8.51 B

2.39%

$1.30

blocked
blocked
blocked

-2.91%

0.04%

MWTRX - Profile

Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Metropolitan West Total Return Bond Fund
  • Fund Family Name
    Metropolitan West Funds
  • Inception Date
    Mar 31, 1997
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tad Rivelle

Fund Description

The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in investment grade fixed income securities or unrated securities determined by the Adviser to be of comparable quality. Up to 20% of the fund's net assets may be invested in securities rated below investment grade or unrated securities determined by the Adviser to be of comparable quality. The fund also invests at least 80% of its net assets plus borrowings for investment purposes in fixed income securities it regards as bonds.


MWTRX - Performance

Return Ranking - Trailing

Period MWTRX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -9.6% 94.0% 42.84%
1 Yr 3.3% -2.2% 32.2% 72.74%
3 Yr 5.2%* 0.7% 9.3% 28.02%
5 Yr 3.4%* 1.1% 7.8% 56.42%
10 Yr 4.0%* 1.3% 8.1% 25.98%

* Annualized

Return Ranking - Calendar

Period MWTRX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -10.1% 946.1% 84.03%
2019 5.3% -2.6% 13.9% 60.02%
2018 -2.5% -10.3% 2.7% 16.61%
2017 1.1% -49.5% 8.1% 59.74%
2016 -0.8% -49.3% 192.8% 89.16%

Total Return Ranking - Trailing

Period MWTRX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -9.6% 93.9% 42.00%
1 Yr 3.3% -4.6% 32.2% 64.17%
3 Yr 5.2%* 0.7% 9.3% 25.30%
5 Yr 3.4%* 0.9% 7.8% 51.22%
10 Yr 4.0%* 1.3% 8.1% 23.66%

* Annualized

Total Return Ranking - Calendar

Period MWTRX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -10.1% 946.1% 84.03%
2019 5.3% -2.6% 13.9% 61.95%
2018 -2.5% -10.3% 3.9% 33.11%
2017 1.1% -6.0% 8.4% 70.37%
2016 0.7% -5.7% 204.3% 59.79%

NAV & Total Return History


MWTRX - Holdings

Concentration Analysis

MWTRX Category Low Category High MWTRX % Rank
Net Assets 86.8 B 3.13 M 299 B 0.93%
Number of Holdings 1860 1 18532 19.54%
Net Assets in Top 10 42.9 B -1.04 B 42.9 B 0.19%
Weighting of Top 10 48.90% 3.2% 100.0% 16.68%

Top 10 Holdings

  1. Federal National Mortgage Association 2% 10.91%
  2. United States Treasury Notes 0.12% 8.00%
  3. Federal National Mortgage Association 2% 7.22%
  4. United States Treasury Notes 0.12% 6.26%
  5. United States Treasury Notes 0.38% 6.10%
  6. Federal National Mortgage Association 2% 5.32%
  7. Federal National Mortgage Association 2.5% 4.80%
  8. United States Treasury Bonds 1.25% 4.72%
  9. United States Treasury Notes 0.25% 4.70%
  10. United States Treasury Notes 0.12% 4.27%

Asset Allocation

Weighting Return Low Return High MWTRX % Rank
Bonds
108.93% -38.15% 286.91% 7.13%
Convertible Bonds
0.68% 0.00% 8.68% 73.15%
Stocks
0.00% -0.23% 10.71% 40.65%
Preferred Stocks
0.00% 0.00% 86.98% 50.65%
Other
0.00% -15.89% 6.89% 27.13%
Cash
-9.61% -195.83% 145.79% 90.74%

Bond Sector Breakdown

Weighting Return Low Return High MWTRX % Rank
Securitized
40.74% 0.00% 98.87% 20.65%
Government
35.56% 0.00% 78.13% 20.00%
Corporate
17.78% 0.00% 100.00% 88.06%
Cash & Equivalents
2.56% 0.00% 51.54% 76.20%
Derivative
2.35% 0.00% 23.49% 15.65%
Municipal
1.01% 0.00% 100.00% 32.96%

Bond Geographic Breakdown

Weighting Return Low Return High MWTRX % Rank
US
103.19% -38.40% 255.76% 6.48%
Non US
5.74% -92.93% 44.24% 74.54%

MWTRX - Expenses

Operational Fees

MWTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.01% 19.93% 55.07%
Management Fee 0.35% 0.00% 0.85% 40.26%
12b-1 Fee 0.21% 0.00% 1.00% 20.86%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

MWTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MWTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MWTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 405.00% 4.00% 484.45% 96.66%

MWTRX - Distributions

Dividend Yield Analysis

MWTRX Category Low Category High MWTRX % Rank
Dividend Yield 0.00% 0.00% 3.04% 25.35%

Dividend Distribution Analysis

MWTRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

MWTRX Category Low Category High MWTRX % Rank
Net Income Ratio 2.38% -0.39% 11.28% 40.99%

Capital Gain Distribution Analysis

MWTRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

MWTRX - Fund Manager Analysis

Managers

Tad Rivelle


Start Date

Tenure

Tenure Rank

Mar 31, 1997

24.02

24.0%

Tad Rivelle Group Managing Director Chief Investment Officer–Fixed Income Co-Director Fixed Income Tad Rivelle is Chief Investment Officer, Fixed Income. Prior to joining TCW, Tad served as Chief Investment Officer for MetWest, an independent institutional investment manager that he cofounded. The MetWest investment team has been recognized for a number of performance related awards, including Morningstar’s Fixed Income Manager of the Year. Mr. Rivelle was also the co-director of fixed income at Hotchkis & Wiley and a portfolio manager at PIMCO. Tad holds a BS in Physics from Yale University, an MS in Applied Mathematics from University of Southern California, and an MBA from the UCLA Anderson School of Management.

Laird Landmann


Start Date

Tenure

Tenure Rank

Mar 31, 1997

24.02

24.0%

Laird R. Landmann Group Managing Director Co-Director Fixed Income U.S. Fixed Income Mr. Landmann is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). Mr. Landmann currently serves on the boards of the Trust Company of the West and the Metropolitan West Mutual Funds. He is a leader of the MetWest investment team that was recognized as Morningstar's Fixed Income Manager of the Year for 2005 and has been nominated for the award eight times. Prior to founding MetWest in 1996, Mr. Landmann was a principal and the co-director of fixed income at Hotchkis and Wiley. He also served as a portfolio manager and vice president at PIMCO. Mr. Landmann holds an AB in Economics from Dartmouth College and an MBA from the University of Chicago Booth School of Business.

Stephen Kane


Start Date

Tenure

Tenure Rank

Mar 31, 1997

24.02

24.0%

Stephen M. Kane, CFA Group Managing Director U.S. Fixed Income Mr. Kane is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). At MetWest, Mr. Kane was responsible for leading MetWest's AlphaTrak, Ultra Short and Liability Driven Investment (LDI) products, and he co-manages many of the firm's mutual funds. Under his co-leadership, the MetWest investment team was recognized as Morningstar's Fixed Income Manager of the Year for 2005. Prior to establishing MetWest, he was a fixed income portfolio manager at Hotchkis and Wiley. He also served as a Vice President at PIMCO. Mr. Kane earned a BS in Business from the University of California, Berkeley and an MBA from the University of Chicago Booth School of Business.

Bryan Whalen


Start Date

Tenure

Tenure Rank

Dec 31, 2004

16.26

16.3%

Bryan T. Whalen, CFA Group Managing Director U.S. Fixed Income Mr. Whalen is a Generalist Portfolio Manager in the U.S. Fixed Income Group. Mr. Whalen joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest) as co-head of the Securitized Products division. Prior to joining TCW, Mr. Whalen was a partner and co-head of MetWest's Securitized Products division. Prior to joining MetWest in 2004, he was a director in the fixed income department at Credit Suisse First Boston in New York. Previously, he was a vice president at Donaldson, Lufkin & Jenrette. Mr. Whalen earned a BA in Economics from Yale University. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 32.26 6.84 1.75