TCW Core Fixed Income is led by an impressive group of investors that executes a time-tested investment approach. However, a recent lead manager departure and the elevated potential for changes among senior leadership through 2022 has led to a downgrade of the strategy's People Pillar to Above Average from High. As a result, its Morningstar Analyst Rating has been downgraded to Silver from Gold on its cheapest share classes, while the more expensive N shares earn a Bronze rating.
Will TGCFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TGCFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TGCFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TGCFX’s parent organization’s priorities and whether they’re in line with investors’ interests.