On Wednesday, Aug. 25, 2021, TCW announced that Tad Rivelle would retire at the end of the year. Rivelle is currently group managing director and chief investment officer of fixed income, overseeing over $220 billion of fixed-income assets.
Metropolitan West Total Return Bd M MWTRX
NAV / 1-Day Return
10.99
/
0.38
%
Total Assets
86.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.670%
Expense Ratio
0.670%
Fee Level
Above Average
Longest Manager Tenure
24.68
years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
5,000
Status
Open
TTM Yield
1.01%
Effective Duration
6.29
years
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MWTRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MWTRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MWTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MWTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Pending Retirement of TCW’s Tad Rivelle Is Significant, but Impressive Managers Remain
