Metropolitan West Investment Grade Credit Fund (MWIGX)
The fund invests at least 90% of its net assets in investment grade fixed income securities or unrated securities determined by the Adviser to be of comparable quality. Up to 10% of its net assets may be invested in securities rated below investment grade. The emerging market fixed-income securities in which the fund may invest are not subject to any minimum credit quality standards, so long as the value of those investments does not cause the fund to exceed its limit on investments in securities rated below investment grade.
Fund Info
US5929056811
592905681
Jun 29, 2018
$3,000,000
Expense Ratio
MWIGX has a high expense ratio of 1.87%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Metropolitan West Investment Grade Credit Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Metropolitan West Investment Grade Credit Fund had a return of 0.61% year-to-date (YTD) and 5.67% in the last 12 months.
MWIGX
0.61%
0.87%
0.08%
5.67%
1.11%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of MWIGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.61% | 0.61% | |||||||||||
| 2024 | 0.53% | -1.43% | 0.93% | -1.80% | 1.60% | 0.92% | 2.22% | 1.40% | 1.47% | -1.98% | 0.98% | -0.94% | 3.83% |
| 2023 | 3.02% | -2.17% | 2.10% | 1.18% | -1.07% | -0.28% | 0.40% | -0.02% | -1.63% | -0.96% | 4.15% | 2.94% | 7.69% |
| 2022 | -1.74% | -1.17% | -3.03% | -2.57% | 0.97% | -2.07% | 2.18% | -2.15% | -3.68% | -0.64% | 3.26% | -0.31% | -10.65% |
| 2021 | 0.08% | -0.34% | -0.78% | 0.65% | 0.40% | 0.41% | 0.65% | -0.05% | -0.39% | -0.74% | -0.11% | -0.26% | -0.50% |
| 2020 | 1.64% | 1.42% | -3.85% | 2.81% | 1.07% | 1.66% | 1.25% | 0.37% | 0.17% | 0.11% | 1.41% | -0.91% | 7.23% |
| 2019 | 1.33% | 0.61% | 1.75% | 0.55% | 1.21% | 1.62% | -0.08% | 1.98% | -0.10% | 0.64% | -0.16% | -0.75% | 8.91% |
| 2018 | 1.41% | 2.18% | 0.06% | -0.03% | 0.35% | 1.02% | 5.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MWIGX is 58, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Metropolitan West Investment Grade Credit Fund (MWIGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Metropolitan West Investment Grade Credit Fund provided a 4.46% dividend yield over the last twelve months, with an annual payout of $0.35 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.35 | $0.47 | $0.70 | $0.46 | $0.80 | $0.99 | $0.38 |
Dividend yield | 4.46% | 4.53% | 5.99% | 9.12% | 4.91% | 8.11% | 9.94% | 3.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Metropolitan West Investment Grade Credit Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.47 |
| 2022 | $0.04 | $0.04 | $0.06 | $0.07 | $0.07 | $0.08 | $0.08 | $0.04 | $0.06 | $0.07 | $0.06 | $0.05 | $0.70 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.05 | $0.46 |
| 2020 | $0.08 | $0.09 | $0.09 | $0.07 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.05 | $0.06 | $0.05 | $0.80 |
| 2019 | $0.06 | $0.06 | $0.06 | $0.09 | $0.05 | $0.08 | $0.07 | $0.14 | $0.11 | $0.12 | $0.07 | $0.07 | $0.99 |
| 2018 | $0.04 | $0.09 | $0.07 | $0.06 | $0.07 | $0.06 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Metropolitan West Investment Grade Credit Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Metropolitan West Investment Grade Credit Fund was 16.20%, occurring on Oct 20, 2022. Recovery took 473 trading sessions.
The current Metropolitan West Investment Grade Credit Fund drawdown is 1.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.2% | Aug 4, 2021 | 307 | Oct 20, 2022 | 473 | Sep 10, 2024 | 780 |
| -8.33% | Mar 5, 2020 | 13 | Mar 23, 2020 | 60 | Jun 17, 2020 | 73 |
| -3.34% | Oct 2, 2024 | 70 | Jan 13, 2025 | — | — | — |
| -2.48% | Dec 8, 2020 | 76 | Mar 29, 2021 | 86 | Jul 30, 2021 | 162 |
| -1.82% | Sep 5, 2019 | 15 | Sep 25, 2019 | 4 | Oct 1, 2019 | 19 |
Volatility
Volatility Chart
The current Metropolitan West Investment Grade Credit Fund volatility is 1.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.