Metropolitan West Total Return Bond Fund (MWTRX)
The investment seeks to maximize long-term total return. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in investment grade fixed income securities or unrated securities determined by the Adviser to be of comparable quality. Up to 20% of the fund's net assets may be invested in securities rated below investment grade or unrated securities determined by the Adviser to be of comparable quality. The fund also invests at least 80% of its net assets, plus any borrowings for investment purposes in fixed income securities it regards as bonds.
Fund Info
| ISIN | US5929051036 |
|---|---|
| CUSIP | 592905103 |
| Issuer | Metropolitan West Funds |
| Inception Date | Mar 31, 1997 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $5,000 |
| Asset Class | Bond |
Expense Ratio
MWTRX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MWTRX vs. BSBIX, MWTRX vs. PDBAX, MWTRX vs. WACPX, MWTRX vs. DODIX, MWTRX vs. FXNAX, MWTRX vs. LSBDX, MWTRX vs. VOO, MWTRX vs. PIMIX, MWTRX vs. VTI, MWTRX vs. BSIIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Metropolitan West Total Return Bond 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 Total Return Bond Fund had a return of 1.67% year-to-date (YTD) and 9.31% in the last 12 months. Over the past 10 years, Metropolitan West Total Return Bond Fund had an annualized return of 0.47%, while the S&P 500 had an annualized return of 11.43%, indicating that Metropolitan West Total Return Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.67% | 25.82% |
| 1 month | -1.06% | 3.20% |
| 6 months | 4.07% | 14.94% |
| 1 year | 9.31% | 35.92% |
| 5 years (annualized) | -1.35% | 14.22% |
| 10 years (annualized) | 0.47% | 11.43% |
Monthly Returns
The table below presents the monthly returns of MWTRX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.19% | -1.66% | 0.86% | -2.87% | 1.84% | 1.03% | 2.63% | 1.64% | 1.42% | -3.07% | 1.67% | ||
| 2023 | 3.70% | -3.03% | 2.40% | 0.97% | -1.29% | -0.54% | 0.12% | -0.74% | -3.04% | -2.07% | 5.13% | 4.45% | 5.77% |
| 2022 | -2.09% | -1.20% | -3.10% | -4.07% | 0.38% | -2.26% | 2.95% | -3.05% | -5.05% | -1.62% | 4.00% | -0.52% | -14.90% |
| 2021 | -0.45% | -1.36% | -1.19% | 0.82% | 0.27% | 0.63% | 1.09% | -0.18% | -0.73% | -0.17% | 0.17% | -0.26% | -1.36% |
| 2020 | 1.91% | 1.69% | -1.41% | 2.40% | 0.66% | 0.91% | 1.76% | -0.49% | -0.07% | -0.33% | 1.22% | -4.36% | 3.78% |
| 2019 | 1.20% | 0.03% | 1.87% | 0.04% | 1.84% | 1.24% | 0.22% | 2.50% | -0.52% | 0.37% | -0.09% | -0.89% | 8.04% |
| 2018 | -1.05% | -0.88% | 0.59% | -0.66% | 0.69% | -0.08% | -0.07% | 0.71% | -0.64% | -0.85% | 0.53% | 1.71% | -0.04% |
| 2017 | 0.14% | 0.71% | -0.09% | 0.73% | 0.64% | -0.04% | 0.35% | 0.82% | -0.50% | -0.02% | -0.02% | 0.36% | 3.11% |
| 2016 | 1.16% | 0.49% | 0.72% | 0.42% | -0.03% | 1.53% | 0.71% | -0.05% | 0.03% | -0.60% | -2.17% | -1.12% | 1.04% |
| 2015 | 1.76% | -0.79% | 0.38% | -0.25% | -0.29% | -0.96% | 0.52% | -0.23% | 0.40% | 0.03% | -0.24% | -1.43% | -1.13% |
| 2014 | 1.48% | 0.37% | -0.08% | 0.77% | 1.23% | 0.09% | -0.08% | 0.91% | -0.48% | 0.69% | 0.60% | -0.04% | 5.56% |
| 2013 | 0.14% | 0.52% | 0.24% | 1.24% | -1.29% | -2.28% | 0.45% | -0.40% | 1.11% | 1.08% | -0.07% | -1.09% | -0.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MWTRX is 12, indicating that it is in the bottom 12% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Metropolitan West Total Return Bond Fund (MWTRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Metropolitan West Total Return Bond Fund provided a 4.13% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.36 | $0.24 | $0.12 | $0.18 | $0.28 | $0.26 | $0.21 | $0.19 | $0.17 | $0.22 | $0.31 |
Dividend yield | 4.13% | 3.87% | 2.67% | 1.08% | 1.57% | 2.54% | 2.51% | 1.92% | 1.84% | 1.59% | 2.03% | 2.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Metropolitan West Total Return Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.31 | |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.24 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.18 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2016 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.03 | $0.19 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.17 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.01 | $0.31 |
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 Total Return Bond 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 Total Return Bond Fund was 23.59%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Metropolitan West Total Return Bond Fund drawdown is 13.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.59% | Dec 1, 2020 | 476 | Oct 20, 2022 | — | — | — |
| -11.63% | Nov 8, 2001 | 179 | Jul 29, 2002 | 194 | May 6, 2003 | 373 |
| -9.18% | Jan 24, 2008 | 211 | Nov 21, 2008 | 154 | Jul 7, 2009 | 365 |
| -7.84% | Mar 10, 2020 | 8 | Mar 19, 2020 | 49 | May 29, 2020 | 57 |
| -5.13% | Sep 8, 2016 | 71 | Dec 16, 2016 | 532 | Jan 31, 2019 | 603 |
Volatility
Volatility Chart
The current Metropolitan West Total Return Bond Fund volatility is 1.87%, 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.