Strategy Information
| Product Name |
1-mo |
3-mo |
YTD |
1-yr
|
3-yr |
5-yr |
Since Inception
[10/01/1996]
|
| TCW (Gross) |
-0.53% |
2.31% |
8.86% |
10.83% |
3.42% |
3.62% |
6.02% |
| TCW (Net) |
-0.54% |
2.26% |
8.71% |
10.62% |
3.20% |
3.39% |
5.80% |
| Bloomberg Barclays U.S. Aggregate Bond Index |
-0.53% |
2.27% |
8.52% |
10.30% |
2.92% |
3.38% |
5.25% |
as of 09/30/2019 (updated quarterly)
The investment objective is to seek to outperform the broad bond market by applying specialized management expertise to and allocating capital among U.S. government, corporate, and mortgage-backed sectors.
TCW Core Fixed Income exploits sector allocation as a key approach to risk management, blending top-down sector allocation with bottom-up fundamental research and securities selection by the sector specialists. This approach distinguishes the strategy from investment funds that rely on high-beta, indexing or closet-indexing strategies. The strategy allocates across these sectors: U.S. Governments, Investment-Grade Corporate, Mortgage-Backed, and Asset-Backed. This ability to allocate beyond the universe of domestic U.S. debt issuance has helped to limit risk and fuel higher risk-adjusted returns.