Performance
Trailing returns
| 1 day | +0.01% |
| |||
| 1 week | +0.05% |
| |||
| 4 week | +1.26% |
| |||
| 3 month | +2.60% |
| |||
| YTD | +3.78% |
| |||
| 1 year | +13.06% |
| |||
| 3 years* | +8.87% |
| |||
| 5 years* | +7.49% |
| |||
| *annualized | |||||
| Best 3 month return | +18.28% | |
| Worst 3 month return | -16.56% |
Morningstar statistics
Morningstar category: Nontraditional Bond
| Return | Risk | Rating | |
| 3 years | High | Average |
|
| 5 years | Above Average | Above Average |
|
| 10 years | - | - | - |
| Overall | Above Average | Above Average |
|
Key statistics
| Total assets | 217.50M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 2.10% | |
| Management fee | - | |
| Fund family | Metropolitan West Funds |
Asset allocation
| Cash | 14.35% | |
| Stocks | 0.30% | |
| Bonds | 82.99% | |
| Preferred | 0.47% | |
| Other | 1.89% |
Purchase information
| Initial | US$5,000 | |
| Additional | US$0 | |
| IRA Initial | US$1,000 | |
| AIP Initial | US$5,000 | |
| AIP Additional | US$100 |
8.40-0.01(-0.12%)
May 23, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to maximize long-term total return without tracking any particular markets or indices. The fund pursues its objective by using techniques intended to provide absolute (positive) returns in all markets and employs a strategy intended to produce high income while exploiting disparities or inefficiencies in markets. It focuses on inefficiencies related to secured or asset-backed debt compared with unsecured and subordinated debt or equity of companies and issuers. Additionally, the fund focuses on longer-term cyclical anomalies in the fixed income markets to both enhance yield and realize potential price appreciation.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Tad Rivelle (Started: Jun 30, 2003)
Laird Landmann (Started: Jun 30, 2003)
Stephen Kane (Started: Jun 30, 2003)
Tad Rivelle (Started: Jun 30, 2003)
Laird Landmann (Started: Jun 30, 2003)
Stephen Kane (Started: Jun 30, 2003)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 11.44 | 8.42 | 7.39 | - | |
| Beta* | 0.07 | -0.07 | -0.08 | - | |
| Mean annual return | 0.98 | 0.68 | 0.60 | - | |
| R-squared* | 0.37 | 0.29 | 0.09 | - | |
| Standard deviation | 2.22 | 3.05 | 8.99 | - | |
| Sharpe ratio | 5.28 | 2.65 | 0.77 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| US Treasury Note 0.5% | 2.03% | |
| US Treasury Note 1.25% | 1.90% | |
| Conseco Fin Secs 2002-C 8% | 1.39% | |
| Green Tree Finl 1996-10 FRN | 1.32% | |
| Continental Air 2007-1 6.903% | 1.25% | |
| Citigroup FRN | 1.24% | |
| FHLMC CMO | 1.20% | |
| FHLMC CMO | 1.17% | |
| Citigroup Mtg Ln Tr 2007-Wfhe2 FRN | 1.09% | |
| Bcap Llc Tr 2011-Rr3 CMO | 1.06% |