TCW Unconstrained Fixed Income (S:0P00018QH7)
16.49
-0.21
(-1.26%)
USD |
Apr 30 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
| Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
|---|---|---|---|
| Upgrade | Upgrade | Upgrade | -- |
| Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
| Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| TCW’s Unconstrained Fixed Income strategy allocates investments across a range of global investment opportunities and actively manages exposure to interest rates, credit sectors and currencies. The team’s portfolio construction process applies independent, bottom-up research to identify undervalued securities that offer a superior risk/return profile. The strategy is “unconstrained” in that it is not limited to the securities of any particular index and may invest up to 50% in high yield securities, up to 50% in emerging markets, 40% in securities denominated in foreign currencies and up to 10% in preferred stock and 5% in common stock. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Fund Owner Firm Name | TCW Group |
| Prospectus Benchmark Index | |
| ICE BofA USD 3M Dep OR Avg TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Bret Barker | 12.59 yrs |
| Bryan Whalen | 12.59 yrs |
| David Robbins | 12.59 yrs |
| Penelope Foley | 12.59 yrs |
| Stephen Kane | 12.59 yrs |
| Jerry Cudzil | 12.00 yrs |
| Alex Stanojevic | 6.84 yrs |
| Steven Purdy | 5.33 yrs |
| Elizabeth Crawford | 3.64 yrs |
| Ruben Hovhannisyan | 2.33 yrs |
| Jamie Patton | 1.00 yrs |
| Brian Gelfand | 0.71 yrs |
Annual Total Returns Versus Peers
As of April 30, 2024.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
FHLBA 0%
|
4.27% | -- | -- |
|
T Mobile Usa 6.633%
|
3.95% | -- | -- |
|
Ml Ff Mtg Ln Tr 2007-4 FRN 0.437%
|
2.32% | -- | -- |
|
Tencent Hldgs 144A 2.875%
|
1.54% | -- | -- |
|
Teachers Ins & Annuity Assn 144A FRN 0%
|
0.98% | -- | -- |
|
Wamu Mtg Cert 2005-Ar2 CMO 2.87438%
|
0.79% | -- | -- |
|
FFCB FRN 1.02278%
|
0.71% | -- | -- |
|
Bk Amer Chrlt Nc Mtn 5.3%
|
0.69% | -- | -- |
|
Wamu Mtg Cert 2005-Ar6 CMO 0.417%
|
0.57% | -- | -- |
|
FFCB FRN 1.044%
|
0.57% | -- | -- |
Fees & Availability
| Fees | |
| Negotiable Fee | No |
| Administrative Fee | -- |
| Maximum Management Fee | Upgrade |
| Prospectus Custodian Fee | -- |
| Trustee Fee | -- |
| Purchase Details | |
| Open to New Investors |
|
| Open to Existing Investors |
|
| Minimum Initial Investment | -- |
| Minimum Subsequent Investment | -- |
Basic Info
| Investment Strategy | |
| TCW’s Unconstrained Fixed Income strategy allocates investments across a range of global investment opportunities and actively manages exposure to interest rates, credit sectors and currencies. The team’s portfolio construction process applies independent, bottom-up research to identify undervalued securities that offer a superior risk/return profile. The strategy is “unconstrained” in that it is not limited to the securities of any particular index and may invest up to 50% in high yield securities, up to 50% in emerging markets, 40% in securities denominated in foreign currencies and up to 10% in preferred stock and 5% in common stock. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Fund Owner Firm Name | TCW Group |
| Prospectus Benchmark Index | |
| ICE BofA USD 3M Dep OR Avg TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Bret Barker | 12.59 yrs |
| Bryan Whalen | 12.59 yrs |
| David Robbins | 12.59 yrs |
| Penelope Foley | 12.59 yrs |
| Stephen Kane | 12.59 yrs |
| Jerry Cudzil | 12.00 yrs |
| Alex Stanojevic | 6.84 yrs |
| Steven Purdy | 5.33 yrs |
| Elizabeth Crawford | 3.64 yrs |
| Ruben Hovhannisyan | 2.33 yrs |
| Jamie Patton | 1.00 yrs |
| Brian Gelfand | 0.71 yrs |
Fundamentals
Fund Details
| Key Dates | |
| Inception Date | 10/3/2011 |
| Last Annual Report Date | 12/31/2015 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |