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Metropolitan West Strategic Income M (MWSTX) Fund Ranking and Research

Ranking, Research and Recommendation of Metropolitan West Strategic Income M (MWSTX) Fund

    Last Trade: $8.08 on 9/30/2016, Change: +0.01 (0.12%)

 

Graph of Metropolitan West Strategic Income M Fund (MWSTX) ManagerFund Manager - Bryan T. Whalen

Fund Manager Information

Fund Manager Tenure: 11.8 years
Similar Funds: MWSIX 
Fund Family: Metropolitan West Funds
Fund Category: Nontraditional Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.7)     (What does this score mean?)

 

Graph of Metropolitan West Strategic Income M Fund (MWSTX) ProfileMetropolitan West Strategic Income M Fund (MWSTX) Profile

Fund Profile and Description

Metropolitan West Strategic Income M Fund seeks to maximize long-term total return without tracking any particular markets or indices. Metropolitan West Strategic Income M Fund uses techniques intended to provide absolute (positive) returns in all markets and employs a strategy intended to produce high income while exploiting disparities or inefficiencies in markets. It focuses on inefficiencies related to secured or asset-backed debt compared with unsecured and subordinated debt or equity of companies and issuers. Additionally, the fund focuses on longer-term cyclical anomalies in the fixed income markets. Metropolitan West Strategic Income M Fund may invest up to 25% of assets in debt securities rated below investment grade. It is non-diversified.

 

Metropolitan West Strategic Income M (MWSTX) Fund Strength What we like about Metropolitan West Strategic Income M (MWSTX) Fund

Data for Metropolitan West Strategic Income M Fund (MWSTX) as of May 30, 2016

  • Metropolitan West Strategic Income M Fund (MWSTX) management has been with Metropolitan West Strategic Income M Fund for 11.8 years
  • Metropolitan West Strategic Income M Fund (MWSTX) has good short-term performance (1-year return 0.07% vs -0.59% Nontraditional Bond category median performance)
  • Metropolitan West Strategic Income M Fund (MWSTX) has good mid-term performance (3-year return 1.25% vs 0.28% Nontraditional Bond category median performance)
  • Metropolitan West Strategic Income M Fund (MWSTX) has good Long-term performance (5-year return 3.26% vs 1.74% Nontraditional Bond category median performance)
  • Metropolitan West Strategic Income M Fund (MWSTX) ratio of up-years vs down years is greater than 2
  • Metropolitan West Strategic Income M Fund (MWSTX) has a Morningstar rating of 4 and above
  • Metropolitan West Strategic Income M Fund (MWSTX) has an annual stock turnover rate of 20.00% vs Nontraditional Bond average of 231.27%. It is good that Metropolitan West Strategic Income M management does not trade extensively for its return.
  • Metropolitan West Strategic Income M Fund (MWSTX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.37, lower than category average of 3.24

Metropolitan West Strategic Income M Fund (MWSTX) Weakness What we are cautious about Metropolitan West Strategic Income M (MWSTX) Fund

Data for Metropolitan West Strategic Income M Fund (MWSTX) as of May 30, 2016

  • Metropolitan West Strategic Income M Fund (MWSTX) has a higher expense ratio of 1.87% than its Nontraditional Bond average of 1.21%
  • Even though Metropolitan West Strategic Income M Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses
  • Asset base in Metropolitan West Strategic Income M Fund (MWSTX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Metropolitan West Strategic Income M Fund (MWSTX) performance details as of May 30, 2016

 

What do you think?

 

Compare Metropolitan West Strategic Income M Fund (MWSTX)Compare with other top Nontraditional Bond category mutual funds

Aadditional top Nontraditional Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Metropolitan West Strategic Income M0.760.071.253.26
Columbia Strategic Income Z (LSIZX)4.651.352.924.44Compare
JPMorgan Unconstrained Debt Select (JSISX)2.861.481.963.01Compare
Columbia Strategic Income W (CTTWX)4.651.082.704.22Compare

See top fund managers for Nontraditional Bond Category Funds

 

Graph of Metropolitan West Strategic Income M Fund (MWSTX) Net Asset TrackingMetropolitan West Strategic Income M (MWSTX) Fund Net Asset

Track net asset change of Metropolitan West Strategic Income M fund (MWSTX)

DateNet Asset
05/2016$117.09M
03/2016$119.92M
02/2016$121.64M
More historic net asset information on Metropolitan West Strategic Income M Fund (MWSTX)

  

Graph of Metropolitan West Strategic Income M Fund (MWSTX) Portfolio TrackingMetropolitan West Strategic Income M (MWSTX) Fund Portfolio Allocation

Track portfolio allocation change of Metropolitan West Strategic Income M fund (MWSTX)

DateCashStockBondOther
03/20165.81%0.6%93.33%0.27%
12/201511.92%0.48%86.7%0.89%
09/201514.13%0.48%84.48%0.89%
Click here to see more historic asset allocation information on Metropolitan West Strategic Income M Fund (MWSTX)

 

graph of Metropolitan West Strategic Income M Fund (MWSTX) Top 10 Position TrackingTop 10 Holdings in Metropolitan West Strategic Income M (MWSTX) Fund

Discover what Metropolitan West Strategic Income M Fund (MWSTX) manager is buying

Mar 30, 2016
Citigroup FRN [1.82%]
General Elec Cap Corp Mtn Be FRN [1.73%]
Continental Air 2007-1 6.903% [1.73%]
Centex Heq Ln Tr 2006-A FRN [1.66%]
First Franklin Mtg 2007-Ff1 FRN [1.51%]
Indymac Indx 2007-Flx2 CMO [1.5%]
Ba Alternative Ln Tr 2003-3 CMO 5.75% [1.41%]
Bcap Llc Tr 2011-Rr3 CMO [1.35%]
Conseco Fin Secs 2002-C 8% [1.31%]
Citigroup Mtg Ln Tr 2007-Wfhe2 FRN [1.1%]

Dec 30, 2015
FNMA [2.43%]
Continental Air 2007-1 6.903% [1.69%]
Citigroup FRN [1.67%]
General Elec Cap Corp Mtn Be FRN [1.48%]
Centex Heq Ln Tr 2006-A FRN [1.29%]
First Franklin Mtg 2007-Ff1 FRN [1.28%]
Indymac Indx 2007-Flx2 CMO [1.28%]
Conseco Fin Secs 2002-C 8% [1.19%]
Bcap Llc Tr 2011-Rr3 CMO [1.16%]
Ba Alternative Ln Tr 2003-3 CMO 5.75% [1.1%]

Sep 29, 2015
Continental Air 2007-1 6.903% [1.69%]
Citigroup FRN [1.67%]
General Elec Cap Corp Mtn Be FRN [1.48%]
Centex Heq Ln Tr 2006-A FRN [1.29%]
Indymac Indx 2007-Flx2 CMO [1.28%]
First Franklin Mtg 2007-Ff1 FRN [1.28%]
Conseco Fin Secs 2002-C 8% [1.19%]
Bcap Llc Tr 2011-Rr3 CMO [1.16%]
Ba Alternative Ln Tr 2003-3 CMO 5.75% [1.1%]
Citigroup Mtg Ln Tr 2007-Wfhe2 FRN [1.07%]
Click here for Stock Holding Change Map in Metropolitan West Strategic Income M Fund (MWSTX)

  

Latest News on Metropolitan West Strategic Income M (MWSTX) Fund

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Metropolitan West Strategic Income M Fund (MWSTX) Related ResourcesSee more information on Metropolitan West Strategic Income M (MWSTX) Fund

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