- What does TGHNX invest in?
- This investment fund aims to generate substantial income and achieve superior overall returns, while maintaining prudent risk levels throughout a complete market cycle. Generally, at least 80% of the fund's net assets, augmented by any capital acquired through borrowing for investment purposes, are allocated to high-yield or speculative-grade bonds, commonly referred to as "junk bonds." The portfolio has the flexibility to allocate up to 20% of its net assets to equity holdings (such as common and both convertible and non-convertible preferred shares) and bank loans issued by entities within the high-yield sector. Additionally, the fund is permitted to invest in other forms of debt instruments.
- What is the expense ratio of TGHNX?
- An expense ratio for TCW High Yield Bond Fund (TGHNX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is the duration of TGHNX?
- Effective duration measures TGHNX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TGHNX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of TGHNX?
- TGHNX'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 TGHNX?
- Yield to maturity (YTM) is the total return you'd earn from TGHNX if every bond in the portfolio is held to maturity at the current price. TGHNX'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.
- How big is TGHNX?
- TCW High Yield Bond Fund (TGHNX) manages $41.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
