Metropolitan West Strategic Income Fund

Scorecard
4 / 5 Stars
Lipper
5 5 5 1 1
Zacks Investment Research
2 (Buy)
Standard & Poor's
---
TheStreet.com
A+ (Buy)

U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 12.40 percent over the past year, 8.42 percent over the past three years, and 7.05 percent over the past five years.

Trailing Returns Updated 04.30.2013
Year to date 3.2%
1 Year 12.4%
3 Years (Annualized) 8.4%
5 Years (Annualized) 7.1%
10 Years (Annualized) N/A

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Summary

The investment seeks to maximize long-term total return without tracking any particular markets or indices. The fund pursues its objective by using 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 to both enhance yield and realize potential price appreciation.

Fees

Fees are Low compared to funds in the same category.
Metropolitan West Strategic Income Fund has an expense ratio of 2.14 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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