METROPOLITAN WEST ALPHA TRAK 500 FUND
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.8%
1 yr return
25.3%
3 Yr Avg Return
7.1%
5 Yr Avg Return
12.9%
Net Assets
$29.7 M
Holdings in Top 10
44.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.30%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 94.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MWATX - Profile
Distributions
- YTD Total Return 6.8%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 12.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.78%
- Dividend Yield 3.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameMETROPOLITAN WEST ALPHA TRAK 500 FUND
-
Fund Family NameMetWest Funds
-
Inception DateJun 29, 1998
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Kane
Fund Description
MWATX - Performance
Return Ranking - Trailing
Period | MWATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | -3.2% | 11.2% | 39.74% |
1 Yr | 25.3% | -1.1% | 41.3% | 22.04% |
3 Yr | 7.1%* | -12.2% | 26.8% | 49.67% |
5 Yr | 12.9%* | -9.7% | 105.9% | 30.43% |
10 Yr | 12.8%* | -0.3% | 20.3% | 3.26% |
* Annualized
Return Ranking - Calendar
Period | MWATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.9% | -42.6% | 47.4% | 34.16% |
2022 | -24.5% | -56.3% | -4.2% | 75.76% |
2021 | -2.4% | -27.2% | 53.7% | 95.10% |
2020 | 9.3% | -36.2% | 2181.7% | 65.22% |
2019 | 21.0% | -22.7% | 40.4% | 63.11% |
Total Return Ranking - Trailing
Period | MWATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | -3.2% | 11.2% | 39.74% |
1 Yr | 25.3% | -1.1% | 41.3% | 22.04% |
3 Yr | 7.1%* | -12.2% | 26.8% | 49.67% |
5 Yr | 12.9%* | -9.7% | 105.9% | 30.43% |
10 Yr | 12.8%* | -0.3% | 20.3% | 3.26% |
* Annualized
Total Return Ranking - Calendar
Period | MWATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 30.1% | -5.0% | 47.4% | 6.00% |
2022 | -21.1% | -36.8% | -2.2% | 88.52% |
2021 | 28.5% | 3.0% | 124.3% | 25.39% |
2020 | 19.3% | -15.8% | 2266.0% | 28.58% |
2019 | 34.0% | -0.4% | 241.3% | 5.69% |
NAV & Total Return History
MWATX - Holdings
Concentration Analysis
MWATX | Category Low | Category High | MWATX % Rank | |
---|---|---|---|---|
Net Assets | 29.7 M | 2.34 M | 1.55 T | 95.68% |
Number of Holdings | 242 | 1 | 4053 | 30.50% |
Net Assets in Top 10 | 12.5 M | 885 K | 387 B | 94.89% |
Weighting of Top 10 | 44.35% | 0.3% | 112.0% | 16.10% |
Top 10 Holdings
- iShares Core SP 500 ETF 16.53%
- United States Treasury Bill 12.19%
- SP500 EMINI 3.09%
- Fannie Mae or Freddie Mac 2.84%
- Fannie Mae or Freddie Mac 2.05%
- MSILF Government Portfolio 1.95%
- Fannie Mae or Freddie Mac 1.85%
- HSBC Holdings PLC 1.38%
- Ginnie Mae 1.24%
- Fannie Mae or Freddie Mac 1.23%
Asset Allocation
Weighting | Return Low | Return High | MWATX % Rank | |
---|---|---|---|---|
Bonds | 79.51% | -0.50% | 93.78% | 0.55% |
Stocks | 16.61% | 0.00% | 124.03% | 98.19% |
Other | 14.46% | -13.91% | 100.00% | 1.73% |
Convertible Bonds | 3.76% | 0.00% | 5.54% | 0.32% |
Cash | 2.03% | 0.00% | 99.06% | 32.23% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 30.97% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MWATX % Rank | |
---|---|---|---|---|
Technology | 24.45% | 0.00% | 48.94% | 47.20% |
Healthcare | 14.47% | 0.00% | 60.70% | 47.84% |
Financial Services | 13.41% | 0.00% | 55.59% | 50.48% |
Consumer Cyclical | 10.73% | 0.00% | 30.33% | 48.96% |
Communication Services | 8.81% | 0.00% | 27.94% | 38.64% |
Industrials | 8.22% | 0.00% | 29.90% | 69.44% |
Consumer Defense | 6.90% | 0.00% | 47.71% | 47.84% |
Energy | 4.79% | 0.00% | 41.64% | 33.12% |
Utilities | 2.98% | 0.00% | 20.91% | 26.88% |
Real Estate | 2.77% | 0.00% | 31.91% | 48.32% |
Basic Materials | 2.47% | 0.00% | 25.70% | 54.16% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MWATX % Rank | |
---|---|---|---|---|
US | 16.61% | 0.00% | 124.03% | 98.19% |
Non US | 0.00% | 0.00% | 62.81% | 42.06% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MWATX % Rank | |
---|---|---|---|---|
Securitized | 41.53% | 0.00% | 52.16% | 0.33% |
Corporate | 34.21% | 0.00% | 100.00% | 1.98% |
Government | 3.36% | 0.00% | 100.00% | 4.04% |
Derivative | 3.09% | -3.07% | 18.04% | 2.76% |
Cash & Equivalents | 2.03% | 0.00% | 100.00% | 33.39% |
Municipal | 1.92% | 0.00% | 2.10% | 0.16% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MWATX % Rank | |
---|---|---|---|---|
US | 79.51% | -0.50% | 93.78% | 0.55% |
Non US | 0.00% | 0.00% | 10.46% | 24.92% |
MWATX - Expenses
Operational Fees
MWATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.30% | 0.01% | 16.07% | 21.52% |
Management Fee | 0.40% | 0.00% | 1.89% | 35.23% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.29% |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
MWATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MWATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
MWATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 94.00% | 0.00% | 496.00% | 90.74% |
MWATX - Distributions
Dividend Yield Analysis
MWATX | Category Low | Category High | MWATX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.79% | 0.00% | 26.27% | 24.51% |
Dividend Distribution Analysis
MWATX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MWATX | Category Low | Category High | MWATX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.78% | -54.00% | 6.06% | 44.46% |
Capital Gain Distribution Analysis
MWATX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.130 | OrdinaryDividend |
Dec 29, 2023 | $0.110 | OrdinaryDividend |
Sep 29, 2023 | $0.110 | OrdinaryDividend |
Jun 30, 2023 | $0.110 | OrdinaryDividend |
Mar 31, 2023 | $0.080 | OrdinaryDividend |
Dec 30, 2022 | $0.083 | OrdinaryDividend |
Sep 30, 2022 | $0.065 | OrdinaryDividend |
Jun 30, 2022 | $0.045 | OrdinaryDividend |
Mar 31, 2022 | $0.020 | OrdinaryDividend |
Dec 31, 2021 | $0.019 | OrdinaryDividend |
Sep 30, 2021 | $0.040 | OrdinaryDividend |
Jun 30, 2021 | $0.042 | OrdinaryDividend |
Mar 31, 2021 | $0.045 | OrdinaryDividend |
Dec 31, 2020 | $0.048 | OrdinaryDividend |
Sep 30, 2020 | $0.059 | OrdinaryDividend |
Jun 30, 2020 | $0.050 | OrdinaryDividend |
Mar 31, 2020 | $0.080 | OrdinaryDividend |
Dec 31, 2019 | $0.080 | OrdinaryDividend |
Dec 27, 2019 | $0.100 | OrdinaryDividend |
Dec 10, 2019 | $0.711 | OrdinaryDividend |
Sep 30, 2019 | $0.075 | OrdinaryDividend |
Jun 28, 2019 | $0.064 | OrdinaryDividend |
Mar 29, 2019 | $0.060 | OrdinaryDividend |
Dec 31, 2018 | $0.065 | OrdinaryDividend |
Sep 28, 2018 | $0.065 | OrdinaryDividend |
Jun 29, 2018 | $0.040 | OrdinaryDividend |
Mar 29, 2018 | $0.020 | OrdinaryDividend |
Dec 29, 2017 | $0.030 | OrdinaryDividend |
Sep 29, 2017 | $0.023 | OrdinaryDividend |
Jun 30, 2017 | $0.015 | OrdinaryDividend |
Mar 31, 2017 | $0.010 | OrdinaryDividend |
Dec 30, 2016 | $0.050 | OrdinaryDividend |
Sep 30, 2016 | $0.055 | OrdinaryDividend |
Jun 30, 2016 | $0.040 | OrdinaryDividend |
Mar 31, 2016 | $0.030 | OrdinaryDividend |
Dec 31, 2015 | $0.008 | OrdinaryDividend |
Dec 31, 2014 | $0.008 | OrdinaryDividend |
Sep 30, 2014 | $0.010 | OrdinaryDividend |
Jun 30, 2014 | $0.040 | OrdinaryDividend |
Mar 31, 2014 | $0.020 | OrdinaryDividend |
Dec 31, 2013 | $0.009 | OrdinaryDividend |
Sep 30, 2013 | $0.020 | OrdinaryDividend |
Jun 28, 2013 | $0.030 | OrdinaryDividend |
Mar 28, 2013 | $0.009 | OrdinaryDividend |
Dec 31, 2012 | $0.015 | OrdinaryDividend |
Sep 28, 2012 | $0.020 | OrdinaryDividend |
Jun 29, 2012 | $0.020 | OrdinaryDividend |
Jun 30, 2011 | $0.167 | OrdinaryDividend |
Mar 31, 2011 | $0.165 | OrdinaryDividend |
Jun 30, 2010 | $0.101 | OrdinaryDividend |
Mar 31, 2010 | $0.050 | OrdinaryDividend |
Dec 31, 2009 | $1.380 | OrdinaryDividend |
Sep 30, 2009 | $0.060 | OrdinaryDividend |
Jun 30, 2009 | $0.061 | OrdinaryDividend |
Jun 30, 2008 | $0.035 | OrdinaryDividend |
Dec 31, 2007 | $0.250 | OrdinaryDividend |
Sep 28, 2007 | $0.103 | OrdinaryDividend |
Jun 29, 2007 | $0.091 | OrdinaryDividend |
Mar 30, 2007 | $0.091 | OrdinaryDividend |
Dec 29, 2006 | $0.350 | OrdinaryDividend |
Sep 29, 2006 | $0.094 | OrdinaryDividend |
Jun 30, 2006 | $0.071 | OrdinaryDividend |
Mar 30, 2006 | $0.049 | OrdinaryDividend |
Dec 30, 2005 | $0.182 | OrdinaryDividend |
Sep 30, 2005 | $0.069 | OrdinaryDividend |
Jun 30, 2005 | $0.087 | OrdinaryDividend |
Mar 31, 2005 | $0.045 | OrdinaryDividend |
Dec 30, 2004 | $0.072 | OrdinaryDividend |
Sep 30, 2004 | $0.063 | OrdinaryDividend |
Jun 30, 2004 | $0.058 | OrdinaryDividend |
Mar 31, 2004 | $0.061 | OrdinaryDividend |
Dec 30, 2003 | $0.060 | OrdinaryDividend |
Sep 30, 2003 | $0.059 | OrdinaryDividend |
Jun 30, 2003 | $0.055 | OrdinaryDividend |
Mar 31, 2003 | $0.063 | OrdinaryDividend |
Dec 30, 2002 | $0.064 | OrdinaryDividend |
Oct 01, 2002 | $0.085 | OrdinaryDividend |
Jul 01, 2002 | $0.105 | OrdinaryDividend |
Apr 01, 2002 | $0.107 | OrdinaryDividend |
Dec 28, 2001 | $0.106 | OrdinaryDividend |
MWATX - Fund Manager Analysis
Managers
Stephen Kane
Start Date
Tenure
Tenure Rank
Jun 29, 1998
23.94
23.9%
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, 2021
0.41
0.4%
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.
Ruben Hovhannisyan
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Bret Barker
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Mr. Barker is a Specialist Portfolio Manager – Treasuries in the U.S. Fixed Income group. Mr. Barker joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). He is responsible for the portfolio management of Treasuries, TIPS, agencies, money market instruments, and derivatives. In conjunction with the generalist portfolio managers, he implements decisions on duration and yield curve positioning across all MetWest and several TCW products. Prior to joining MetWest in 1997, he worked at Coast Asset Management in their futures and options department. Mr. Barker earned a BBA in Business with a minor in classical studies from Loyola Marymount University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |