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MWTSX Metropolitan West Total Return Bond Plan

  • Fund
  • MWTSX
  • Price as of: Aug 08, 2016
  • $10.36
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

MWTSX - Profile

Vitals

  • YTD Return 3.6%
  • 3 Yr Annualized Return 4.3%
  • 5 Yr Annualized Return 4.9%
  • Net Assets $80 B
  • Holdings in Top 10 22.8%

52 WEEK LOW AND HIGH

$10.36
$9.98
$10.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

SALES FEES

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

BROKERAGE FEES

  • Turnover 303.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$25,000,000

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.93%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Metropolitan West Total Return Bond Fund
  • Fund Family Name Metropolitan West Funds
  • Inception Date Jul 29, 2011
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Bryan T. Whalen

MWTSX - Performance

Return Ranking - Trailing

Period MWTSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.6% -29.9% 209.8% 29.86% 3
1 Yr 5.0% -15.9% 20.3% 29.06% 2
3 Yr 4.3% * -6.4% 10.4% 12.91% 1
5 Yr 4.9% * -3.4% 9.0% 4.93% 1
10 Yr 6.6% * -1.1% 10.2% 3.34% 1

* Annualized


Return Ranking - Calendar

Period MWTSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.7% -51.0% 6.6% 37.13% 3
2014 N/A -0.4% 2.9% N/A N/A
2013 N/A -4.9% -0.8% N/A N/A
2012 N/A 0.8% 13.9% N/A N/A
2011 N/A -1.7% 3.8% N/A N/A

Total Return Ranking - Trailing

Period MWTSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.6% -8.1% 209.8% 30.40% 3
1 Yr 5.0% -19.0% 20.3% 23.25% 2
3 Yr 4.3% * -7.1% 10.4% 11.67% 1
5 Yr 4.9% * -4.3% 9.0% 4.73% 1
10 Yr 6.6% * -1.1% 10.2% 3.25% 1

* Annualized


Total Return Ranking - Calendar

Period MWTSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.7% -51.0% 6.6% 37.23% 3
2014 N/A -0.3% 4.5% N/A N/A
2013 N/A -4.6% 0.6% N/A N/A
2012 N/A 1.4% 15.7% N/A N/A
2011 N/A -0.9% 5.5% N/A N/A

NAV & Total Return History

MWTSX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

MWTSX Category Low Category High MWTSX % Rank Quintile
Net Assets 80 B 319 K 169 B 0.31% 1
Number of Holdings 1906 1 17404 1.53% 1
Net Assets in Top 10 18 B -36 B 21.5 B 0.15% 1
Weighting of Top 10 22.8% 0.0% 1826.2% 18.36% 3

Top 10 Holdings

  1. US Treasury Note 0.75% 6.65%
  2. US Treasury Note 1.125% 4.71%
  3. US Treasury Bond 2.5% 3.05%
  4. US Treasury Note 1.625% 1.76%
  5. US Treasury Note 1.375% 1.35%
  6. Fed Natl Mort Assc 4.5% 1.12%
  7. Ginnie Mae Jumbos TBA 3% 2046-07-01 1.09%
  8. FNMA 1.08%
  9. Ginnie Mae Jumbos TBA 3.5% 2046-07-01 1.03%
  10. FNMA 1.00%

Asset Allocation

Weighting Category Low Category High MWTSX % Rank Quintile
Bonds
91.50% -175.98% 181.87% 11.50% 2
Cash
7.10% -82.73% 275.92% 16.89% 3
Other
1.40% -15.97% 117.15% 7.93% 2
Convertible Bonds
0.00% 0.00% 18.40% 5.29% 4
Preferred Stocks
0.00% -0.07% 17.65% 7.78% 4
Stocks
0.00% -5.60% 98.06% 5.39% 3

Bond Sector Breakdown

Weighting Category Low Category High MWTSX % Rank Quintile
Securitized
45.47% 0.00% 275.57% 5.49% 1
Government
25.10% -990.83% 129.84% 11.09% 2
Corporate
20.08% 0.00% 502.59% 25.33% 4
Cash & Equivalents
7.31% -63.55% 811.66% 16.73% 3
Municipal
0.85% 0.00% 106.20% 9.16% 2
Derivative
-0.22% -895.14% 18.41% 3.05% 5

Bond Geographic Breakdown

Weighting Category Low Category High MWTSX % Rank Quintile
US
88.13% -513.97% 163.91% 5.85% 2
Non US
3.37% -5.42% 399.20% 24.42% 5

MWTSX - Expenses

Operational Fees

MWTSX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.38% 0.00% 42.51% 12.82% 1
Management Fee 0.35% 0.00% 2.15% 3.31% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

MWTSX Fees (% of AUM) Category Low Category High MWTSX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

MWTSX Fees (% of AUM) Category Low Category High MWTSX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

MWTSX Fees (% of AUM) Category Low Category High MWTSX Rank Quintile
Turnover 303.00% 0.00% 1944.00% 4.02% 5

MWTSX - Distributions

Dividend Yield Analysis

MWTSX Category Low Category High MWTSX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.30% 20.24% 3

Dividend Distribution Analysis

MWTSX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MWTSX Category Low Category High MWTSX % Rank Quintile
Net Income Ratio 1.93% -1.76% 17.13% 13.74% 3

Capital Gain Distribution Analysis

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

MWTSX - Managers

Bryan T. Whalen

Manager

Start Date

Dec 31, 2004

Tenure

11.59

Tenure Rank

2.1%

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 bachelor's degree in Economics from Yale University. He is a CFA charterholder.


Tad Rivelle

Manager

Start Date

Mar 31, 1997

Tenure

19.35

Tenure Rank

0.6%

Tad Rivelle is Chief Investment Officer, Fixed Income, overseeing investment management of all U.S. fixed income products at TCW, including over $30 billion in fixed income mutual funds offered by both TCW and MetWest. Prior to joining TCW, Tad served as Chief Investment Officer for MetWest, an independent institutional investment manager which he co-founded. Under Tad’s leadership, the MetWest investment team was recognized as Morningstar's Fixed Income Manager of the Year for 2005. Mr. Rivelle was also the co-director of fixed income at Hotchkis and Wiley and a portfolio manager and vice president at PIMCO. Tad holds a bachelor's degree in physics from Yale University, a master's degree in applied mathematics from University of Southern California, and an MBA from UCLA Anderson.


Laird R. Landmann

Manager

Start Date

Mar 31, 1997

Tenure

19.35

Tenure Rank

0.6%

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 co-manages many of TCW and MetWest’s mutual funds, including the MetWest Total Return Bond Fund, the MetWest High Yield Bond Fund and the TCW Core Fixed Income Fund, and leads the fixed income group’s risk management efforts He is a member 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 six 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 a BS in Economics from Dartmouth College and an MBA from the University of Chicago Booth School of Business.


Stephen M. Kane

Manager

Start Date

Mar 31, 1997

Tenure

19.35

Tenure Rank

0.6%

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 bachelor's degree in Business from the University of California, Berkeley and an MBA from the University of Chicago Booth School of Business.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6