Metropolitan West High Yield Bond Fund Class M (MWHYX)

10.16
Net Asset Value
+0.20%
1 Day
-1.07%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.88%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize long-term total return consistent with preservation of capital. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in high yield bonds (commonly called "junk bonds") which are rated below investment grade or are unrated and determined by the Adviser to be of similar quality. Under normal conditions, the portfolio duration is two to eight years and the dollar-weighted average maturity ranges from two to fifteen years.

Performance

1 month-0.34% 3 years+8.45%
3 months-0.82% 5 years+8.31%
1 year+3.84% Since inception+9.94%
Data through --

Peer Comparisonvs. High yield bond

 MWHYXCategory
Performance 5-yr return+8.31%+9.39%
Expense ratio0.88%1.13%
Risk 5 year sharpe ratio1.321.47
Net assets$1.8B$1.6B
Average market cap$2.9B$10.8B
Average P/E--19.0
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyMetropolitan West Funds
Fund manager & tenureLaird Landmann / 12 Years
Minimal initial investment$5,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income94.47%
Cash3.80%
Other1.47%
U.S. stock0.26%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service 100.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- Clear Channel Ww Hldgs 6.5%1.74%
-- First Data 144A 7.375%1.73%
-- Engy Transfer Prtnrs L P FRN1.71%
-- Sprint Nextel 144A 9%1.65%
-- Homer City Generation L P 8.734%1.33%
-- Pacific Drilling V Ltd. 144A 7.25%1.28%
-- Peabody Engy Cv 4.75%1.19%
-- Linn Engy 8.625%1.12%
-- Intelsat Jackson Hldgs 7.5%1.11%
-- Sabine Pass Lng L P 7.5%1.10%

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