Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TCW High Yield 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.
Loading graphics...
Returns By Period
TCW High Yield Bond Fund
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.33% | 0.17% | 0.83% | -1.32% | 1.17% | 0.83% | 1.54% | 1.52% | 1.34% | 0.04% | -0.39% | 0.00% | 6.19% |
| 2023 | 3.25% | -1.83% | 1.37% | 0.68% | -1.01% | 1.03% | 1.19% | 0.34% | -1.02% | -1.03% | 4.02% | 3.38% | 10.65% |
| 2022 | -2.33% | -1.18% | -0.58% | -3.39% | 0.53% | -5.42% | 5.41% | -1.68% | -4.39% | 3.12% | 1.50% | -0.19% | -8.76% |
| 2021 | 0.14% | 0.15% | -0.44% | 0.88% | 0.29% | 1.02% | 0.43% | 0.58% | 0.14% | -0.14% | -1.16% | 1.54% | 3.46% |
| 2020 | 0.34% | 0.18% | -7.28% | 5.26% | 2.90% | 0.50% | 3.86% | 0.60% | -0.89% | 0.45% | 3.00% | 1.23% | 10.03% |
| 2019 | 3.73% | 1.04% | 1.04% | 1.03% | -0.24% | 2.14% | 0.65% | 0.81% | 0.34% | 0.49% | 0.03% | 1.27% | 12.98% |
Benchmark Metrics
TCW High Yield Bond Fund has an annualized alpha of 3.30%, beta of 0.07, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 04, 1994.
- This fund participated in 33.33% of S&P 500 Index downside but only 29.56% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.07 may look defensive, but with R² of 0.03 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R² of 0.03 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.30%
- Beta
- 0.07
- R²
- 0.03
- Upside Capture
- 29.56%
- Downside Capture
- 33.33%
Expense Ratio
TGHYX has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for TCW High Yield Bond Fund (TGHYX) and compare them to a chosen benchmark (S&P 500 Index).
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
TCW High Yield Bond Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $1.80 | $1.56 | $1.92 | $1.32 | $1.41 | $1.56 | $1.38 | $1.29 | $1.36 |
Dividend yield | 0.00% | 5.91% | 5.32% | 5.70% | 3.84% | 4.32% | 5.17% | 4.35% | 4.12% | 4.50% |
Monthly Dividends
The table displays the monthly dividend distributions for TCW High Yield 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 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.16 | $0.16 | $0.16 | $0.00 | $0.00 | $1.55 |
| 2023 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.80 |
| 2022 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.13 | $0.13 | $0.14 | $0.14 | $0.14 | $0.14 | $0.20 | $1.56 |
| 2021 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.82 | $1.92 |
| 2020 | $0.11 | $0.11 | $0.13 | $0.13 | $0.12 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.12 | $1.32 |
| 2019 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $1.41 |
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the TCW High Yield 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 TCW High Yield Bond Fund was 34.48%, occurring on Dec 12, 2008. Recovery took 190 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.48% | Jun 5, 2007 | 387 | Dec 12, 2008 | 190 | Sep 16, 2009 | 577 |
| -24.33% | Jan 31, 1994 | 2192 | Oct 11, 2002 | 310 | Jan 6, 2004 | 2502 |
| -15.17% | Feb 24, 2020 | 21 | Mar 23, 2020 | 49 | Jun 2, 2020 | 70 |
| -12.85% | Dec 29, 2021 | 190 | Sep 29, 2022 | 307 | Dec 19, 2023 | 497 |
| -12.47% | May 17, 2011 | 98 | Oct 4, 2011 | 179 | Jun 20, 2012 | 277 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...