TCW Core Plus Bond ETF

Frequently Asked Questions About FIXT

What does FIXT invest in?

The underlying index for this fund comprises stocks and depositary receipts traded on exchanges worldwide. A significant aspect of the fund's investment strategy is its intention to allocate a substantial portion of its capital – specifically 25% or more of its total assets – to companies whose primary business activities fall within a single industry or a closely related cluster of industries. This concentrated approach is adopted to the degree that the benchmark index itself exhibits such a narrow industry focus. Consequently, the fund is characterized as non-diversified.

What is the expense ratio of FIXT?

TCW Core Plus Bond ETF (FIXT) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

What is FIXT's dividend yield?

FIXT's trailing-twelve-month yield is 5.62%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FIXT?

Effective duration measures FIXT's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FIXT's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of FIXT?

FIXT's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of FIXT?

Yield to maturity (YTM) is the total return you'd earn from FIXT if every bond in the portfolio is held to maturity at the current price. FIXT's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.