Metropolitan West Asset Management, LLC (MetWest) offers fixed income portfolio management services. MetWest manages investments for institutional investors, individual investors through the TCW Metropolitan West Funds, and provides investment advice for liability driven investment strategies and non-traditional fixed income strategies. Portfolios are designed to maximize total return consistent with price volatility benchmarks or mandates provided by portfolio specific investment guidelines.
Fee Structure
Metropolitan West Asset Management's investment management fees are calculated as a percentage of the market value of the assets they manage. These fees are typically billed quarterly, though some accounts are billed monthly or in advance. The fees vary based on the investment strategy and the size of the account. Here are some examples of their annual fee rates:
- Bank Loans: 0.40% on the first $100 million, 0.25% on remaining assets
- Core Fixed Income: 0.275% on the first $100 million, 0.20% on remaining assets
- Global Fixed Income: 0.30% on the first $100 million, 0.24% on the next $400 million, 0.19% on remaining assets
- Low Duration Fixed Income: 0.22% on the first $100 million, 0.15% on remaining assets
- Securitized Opportunities: 0.50% on the first $500 million, 0.32% on the next $500 million, 0.15% on the next $500 million, 0.10% on remaining assets
Fees may be negotiable and may vary among investors in the same strategy.