TCW MetWest High Yield Bond I

Frequently Asked Questions About MWHIX

What does MWHIX invest in?

The Fund seeks to maximize long-term total return consistent with preservation of capital. Under normal market circumstances, it invests at least 80% of its net assets in high yield bonds which are bonds rated below investment grade or unrated bonds determined by the Adviser to be of comparable quality.

What is the expense ratio of MWHIX?

TCW MetWest High Yield Bond I (MWHIX) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

What is MWHIX's dividend yield?

MWHIX's trailing-twelve-month yield is 7.15%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MWHIX?

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

What is the credit quality of MWHIX?

MWHIX'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 MWHIX?

Yield to maturity (YTM) is the total return you'd earn from MWHIX if every bond in the portfolio is held to maturity at the current price. MWHIX'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.