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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.30

$8.63 M

4.34%

$0.36

2.63%

Vitals

YTD Return

0.7%

1 yr return

4.4%

3 Yr Avg Return

1.4%

5 Yr Avg Return

1.7%

Net Assets

$8.63 M

Holdings in Top 10

62.5%

52 WEEK LOW AND HIGH

$8.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.63%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 369.54%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.30

$8.63 M

4.34%

$0.36

2.63%

TGSMX - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.35%
DIVIDENDS
  • Dividend Yield 4.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    TCW Short Term Bond Fund
  • Fund Family Name
    TCW Family of Investment Companies
  • Inception Date
    Nov 16, 2000
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Laird Landmann

Fund Description

Under normal circumstances, the Fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in a diversified portfolio of debt securities of varying maturities, including bonds, notes and other similar fixed income instruments issued by governmental or private sector issuers. If the Fund changes this investment policy, it will notify shareholders in writing at least 60 days in advance of the change. The Fund may invest in debt securities that include, but are not limited to, obligations of the United States government or its agencies, instrumentalities or sponsored corporations; money market instruments; investment grade corporate debt securities; mortgage-backed securities guaranteed by, or secured by collateral that is guaranteed by, the United States government or its agencies, instrumentalities or sponsored corporations; foreign debt securities (corporate and government); and privately issued mortgage-backed securities and asset-backed securities, including commercial mortgage-backed securities. The Fund may invest up to 10% of its net assets in below investment grade bonds (commonly known as “junk bonds”), which are bonds rated below BBB by Fitch Ratings, Inc., below BBB by S&P Global Ratings and below Baa by Moody’s Investors Service, Inc., or, if unrated, bonds deemed by the Fund’s investment advisor to be of comparable quality. The Fund
may invest in derivative instruments such as options, futures and swap agreements for investment management or hedging purposes. The derivatives in which the Fund may invest include securities that are commonly referred to as mortgage derivatives, including inverse floaters, interest-only (IO) strips, principal-only (PO) strips, inverse IOs and tiered index bonds. The Fund may also purchase or sell securities on a when-issued, delayed delivery or forward commitment basis.
In managing the Fund’s investments, under normal market conditions, the portfolio managers seek to construct an investment portfolio with a dollar-weighted average duration of no more than two years. Portfolio securities and other instruments may be sold for a number of reasons, including when the portfolio managers believe that (i) another security or instrument may offer a better investment opportunity, (ii) there has been a deterioration in the credit fundamentals of an issuer, (iii) an individual security or instrument has reached its sell target, or (iv) the portfolio should be rebalanced for diversification or portfolio weighting purposes.
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TGSMX - Performance

Return Ranking - Trailing

Period TGSMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -0.5% 2.9% 94.01%
1 Yr 4.4% 0.0% 14.5% 93.06%
3 Yr 1.4%* -1.8% 5.7% 89.81%
5 Yr 1.7%* -0.8% 4.3% 80.75%
10 Yr 1.4%* -4.5% 27.5% 67.83%

* Annualized

Return Ranking - Calendar

Period TGSMX Return Category Return Low Category Return High Rank in Category (%)
2023 1.6% -2.3% 4.3% 31.34%
2022 -4.2% -6.5% 0.5% 89.52%
2021 -1.2% -2.1% 0.3% 92.65%
2020 0.6% -3.1% 1.8% 28.72%
2019 0.1% -1.2% 6.1% 75.54%

Total Return Ranking - Trailing

Period TGSMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -0.5% 2.9% 94.01%
1 Yr 4.4% 0.0% 14.5% 93.06%
3 Yr 1.4%* -1.8% 5.7% 89.81%
5 Yr 1.7%* -0.8% 4.3% 80.75%
10 Yr 1.4%* -4.5% 27.5% 67.83%

* Annualized

Total Return Ranking - Calendar

Period TGSMX Return Category Return Low Category Return High Rank in Category (%)
2023 5.5% 0.8% 12.1% 67.74%
2022 -2.1% -5.1% 2.5% 88.57%
2021 0.6% -2.1% 14.5% 14.22%
2020 2.1% -1.0% 3.6% 28.72%
2019 3.4% 0.3% 9.6% 26.09%

NAV & Total Return History


TGSMX - Holdings

Concentration Analysis

TGSMX Category Low Category High TGSMX % Rank
Net Assets 8.63 M 25.4 K 22.5 B 97.74%
Number of Holdings 191 2 1304 68.78%
Net Assets in Top 10 5.45 M 32.5 K 18.4 B 97.29%
Weighting of Top 10 62.53% 6.0% 168.1% 11.31%

Top 10 Holdings

  1. United States Treasury Note/Bond - When Issued 21.32%
  2. Uniform Mortgage-Backed Security, TBA 6.04%
  3. State Street Institutional US Government Money Market Fund 5.86%
  4. United States Treasury Bill- When Issued 5.67%
  5. United States Treasury Note/Bond - When Issued 5.26%
  6. Federal Home Loan Bank Discount Notes 4.57%
  7. Uniform Mortgage-Backed Security, TBA 3.99%
  8. United States Treasury Bill - WI Post Auction 3.41%
  9. Uniform Mortgage-Backed Security, TBA 3.32%
  10. Uniform Mortgage-Backed Security, TBA 3.08%

Asset Allocation

Weighting Return Low Return High TGSMX % Rank
Bonds
101.52% 0.00% 122.45% 3.17%
Cash
18.89% 0.00% 109.89% 19.91%
Other
9.06% -29.59% 99.92% 46.61%
Convertible Bonds
2.12% 0.00% 15.25% 57.73%
Stocks
0.00% 0.00% 97.29% 79.19%
Preferred Stocks
0.00% 0.00% 0.00% 75.57%

Bond Sector Breakdown

Weighting Return Low Return High TGSMX % Rank
Securitized
40.27% 0.00% 100.00% 25.45%
Government
31.52% 0.00% 100.00% 10.00%
Cash & Equivalents
18.89% 0.00% 109.89% 19.91%
Corporate
17.22% 0.00% 99.91% 72.73%
Municipal
1.58% 0.00% 70.39% 14.55%
Derivative
-0.32% -29.59% 30.99% 89.14%

Bond Geographic Breakdown

Weighting Return Low Return High TGSMX % Rank
US
101.46% 0.00% 122.45% 2.26%
Non US
0.07% 0.00% 22.24% 16.29%

TGSMX - Expenses

Operational Fees

TGSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.63% 0.02% 28.11% 2.74%
Management Fee 0.35% 0.00% 1.19% 80.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.40% 2.08%

Sales Fees

TGSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.25% 1.00% N/A

Trading Fees

TGSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TGSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 369.54% 0.00% 369.54% 100.00%

TGSMX - Distributions

Dividend Yield Analysis

TGSMX Category Low Category High TGSMX % Rank
Dividend Yield 4.34% 0.00% 7.89% 71.95%

Dividend Distribution Analysis

TGSMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

TGSMX Category Low Category High TGSMX % Rank
Net Income Ratio 3.35% -1.30% 14.86% 0.94%

Capital Gain Distribution Analysis

TGSMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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TGSMX - Fund Manager Analysis

Managers

Laird Landmann


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

Laird R. Landmann Group Managing Director Co-Director Fixed Income U.S. Fixed Income Mr. Landmann is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). Mr. Landmann currently serves on the boards of the Trust Company of the West and the Metropolitan West Mutual Funds. He is a leader of the MetWest investment team that was recognized as Morningstar's Fixed Income Manager of the Year for 2005 and has been nominated for the award eight times. Prior to founding MetWest in 1996, Mr. Landmann was a principal and the co-director of fixed income at Hotchkis and Wiley. He also served as a portfolio manager and vice president at PIMCO. Mr. Landmann holds an AB in Economics from Dartmouth College and an MBA from the University of Chicago Booth School of Business.

Stephen Kane


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

Stephen M. Kane, CFA Group Managing Director U.S. Fixed Income Mr. Kane is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). At MetWest, Mr. Kane was responsible for leading MetWest's AlphaTrak, Ultra Short and Liability Driven Investment (LDI) products, and he co-manages many of the firm's mutual funds. Under his co-leadership, the MetWest investment team was recognized as Morningstar's Fixed Income Manager of the Year for 2005. Prior to establishing MetWest, he was a fixed income portfolio manager at Hotchkis and Wiley. He also served as a Vice President at PIMCO. Mr. Kane earned a BS in Business from the University of California, Berkeley and an MBA from the University of Chicago Booth School of Business.

Bryan Whalen


Start Date

Tenure

Tenure Rank

Mar 01, 2014

8.25

8.3%

Bryan T. Whalen, CFA Group Managing Director U.S. Fixed Income Mr. Whalen is a Generalist Portfolio Manager in the U.S. Fixed Income Group. Mr. Whalen joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest) as co-head of the Securitized Products division. Prior to joining TCW, Mr. Whalen was a partner and co-head of MetWest's Securitized Products division. Prior to joining MetWest in 2004, he was a director in the fixed income department at Credit Suisse First Boston in New York. Previously, he was a vice president at Donaldson, Lufkin & Jenrette. Mr. Whalen earned a BA in Economics from Yale University. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.56 0.13