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TCW Multi-Sector Fixed Income Fund
LU1109965431
Classe IU (USD)
100.00 12/09/2014
A flexible multi-sector bond fund
TCW Unconstrained Bond Fund was officially renamed on July 8th, 2024.
A flexible multi-sector bond fund with an absolute return objective, actively managed by a credit specialist with a bottom-up and value approach. The objective of TCW Multi-Sector Fixed Income is to maximize long-term performance by investing in all segments of the global debt market, in particular in the United States, such as Investment Grade, High Yield, emerging, and securitized debt.
The average portfolio duration ranges between 0 and 5 years, the portfolio is highly diversified and of Investment Grade quality in average. In addition, the fund is categorized as Article 8 by SFDR regulation. TCW Multi-Sector Fixed Income provides diversification and performance with low correlation to macroeconomic factors.
Bryan
Whalen
Co-CIO,
Generalist PM
Ruben
Hovhannisyan
Group MD,
Generalist PM
Steven
Purdy
Group MD,
Co-Head of Global Credit
Jerry
Cudzil
Group MD,
Generalist PM
Potentially lower rewards
Potentially higher rewards
PERFORMANCE
Historical monthly returns (in %)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
| 2025 | 0.5 | 1.5 | 0.2 | 0.3 | 2.4 | ||||||||
| 2024 | 0.6 | -1.0 | 1.0 | -1.3 | 1.3 | 0.8 | 2.0 | 1.4 | 1.3 | -1.4 | 1.0 | -0.5 | 5.4 |
| 2023 | 2.5 | -1.4 | 1.6 | 0.7 | -0.4 | 0.1 | 0.6 | 0.1 | -1.1 | -1.0 | 3.3 | 3.0 | 8.1 |
| 2022 | -1.0 | -1.1 | -1.5 | -1.9 | 0.0 | -2.1 | 1.7 | -1.1 | -2.9 | -0.5 | 2.2 | 0.2 | -7.8 |
| 2021 | 0.3 | 0.0 | -0.1 | 0.4 | 0.4 | 0.2 | 0.3 | 0.1 | -0.1 | -0.4 | -0.4 | 0.3 | 1.1 |
| 2020 | 0.7 | 0.1 | -6.6 | 2.9 | 1.8 | 1.5 | 1.5 | 0.5 | 0.1 | 0.3 | 1.6 | 0.9 | 5.1 |
| 2019 | 1.0 | 0.4 | 0.9 | 0.7 | 0.5 | 1.0 | 0.2 | 0.6 | 0.0 | 0.6 | 0.1 | 0.4 | 6.5 |
| 2018 | -0.1 | -0.2 | 0.1 | 0.0 | 0.3 | 0.0 | 0.4 | 0.2 | 0.2 | -0.2 | -0.3 | 0.6 | 0.9 |
| 2017 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.3 | 0.3 | 0.3 | 0.0 | 0.3 | 0.3 | 0.1 | 3.2 |
| 2016 | 0.0 | -0.2 | 0.6 | 0.7 | 0.3 | 0.1 | 0.8 | 0.6 | 0.3 | 0.2 | -0.3 | 0.3 | 3.5 |
| 2015 | 0.1 | 0.3 | 0.1 | 0.3 | 0.1 | -0.2 | 0.0 | -0.3 | -0.2 | 0.1 | 0.0 | -0.1 | 0.2 |
| 2014 | 0.2* | 0.4 | 0.2 | -0.3 | 0.5 |
*Since inception (September 12nd 2014) to December 31st 2014.
Figures based on month-end NAVs
Statistics (in %) as of 30 apr 2025
| Performance | Risk | |||||||
| 1M | 3M | 6M | 1Y | 3Y | Since inception | Annualized volatility | Max DD | |
| Fund | 0.3 | 1.9 | 3.0 | 8.8 | 13.8 | 32.3 | 3.8 | -10.5 |
First NAV : 12Sep2014 – NAV at inception : USD 100.
All figures based on month-end NAVs. Risk data calculated since inception.
Information
| Fund Type | Luxembourg SICAV – UCITS |
| Income treatment | Accumulation / Distribution, according to classes |
| Launch date | 12 September 2014 |
| Base currency | USD |
| Available currencies | USD EUR, GBP, CHF (hedged & unhedged) |
| Manager | TCW Investment Management Company LLC www.tcw.com |
| Quotation (NAV calcultation) | Daily (business days) |
| Administrator | Société Générale, Luxembourg Branch |
| Subscription/Redemption | Day D, cut-off 5pm CET |
| Management fee | 0.70% p.a. for class I 1.40% p.a. for class A |
| Performance fee | None |
| Min. initial investment | Class A : None Class I : USD 1 mio or equivalent |
| Lock-up | None |
| Commercial fees (entry/exit) | None |
| Custodian bank | Société Générale, Luxembourg Branch |
| Auditors | Deloitte Audit |
| Swiss legal representative | Acolin Fund Services AG |
| Registration for distribution | AT, BE, CH, DE, ES, FR, GB, IT, LU (as per shares) – Contact us |
TCW FUNDS LATEST NEWS
TCW in the news- February 2024
HOUSTON, WE HAVE A PROBLEM : RECESSION ON THE WAY Prosper, February 6th, 2024For several months now, the market consensus appears immovable: the American economy is heading towards a soft landing. The meteoric rise in rates, 525bps over 18 months, is believed to have...
Brian Gelfand – bio (EN)
Mr. Gelfand is a Specialist Portfolio Manager, Co-Head of Global Credit, and Head of Credit Trading in TCW’s Fixed Income group. Previously, Mr. Gelfand traded high yield securities and was a portfolio manager for several of TCW’s high yield bond funds. He joined TCW...
Ruben Hovhannisyan – bio (EN)
Mr. Hovhannisyan is a Generalist Portfolio Manager in the Fixed Income group, a team that oversees over $170 billion in fixed income assets including the nearly $60 billion MetWest Total Return Bond Fund, one of the largest actively managed bond funds in the world....
PROSPER EVENTS
If you wish to meet a manager, get updates on a fund, don’t hesitate to attend Prosper’s events ("Les Rencontres Prosper"). You can now subscribe online.
TCW Unconstrained – Webinar – March 23rd, 2023
INVITATION - Thursday, March 23rd 2023 Prosper invites you to uncover the multi-sector flexible bond fund through a focused webinar hosted by David Vick MD & Product Specialist - TCWAGENDAThursday, March 23th - 4pm (CET) Webinar hosted in english ...
Prosper Stars & Stripes – Webinar – January 26th,2023
INVITATION - Thursday, January 26th 2023 Prosper invites you to join us on a webinar hosted by Christopher Hillary Roubaix Capital CEO & Fund Manager of Prosper Stars & StripesAGENDAThursday, January 26th - 16:00 (CET)Webinar hosted in english ...
TCW – Presentation – January 24th, 2023
INVITATION - January 24th, 2023 Prosper and TCW invites you to meet in Geneva Patrick MooreGroup MD, Head of Product Specialist AGENDATuesday, January 24th 2023 Breakfast presentation8.15 : Coffee8.30 : Presentation9.30 : Q&A Lunch...
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