The fixed income team at TCW
was recently lauded by the Wall Street Journal
for quietly achieving high returns without grabbing attention.
The “unassuming” bond-fund team, consisting of Tad Rivelle
, Laird Landmann
and Stephen M. Kane
, is providing returns that in some cases actually beat those of louder personalities such as PIMCO
' [profile a>] Bill Gross and DoubleLine’s
] Jeffrey Gundlach
For instance, the newspaper notes that TCW’s flagship fund, the $24-billion MetWest Total Return Bond
, ranks in the top 10 percent of its Morningstar Inc.
category for the past one, three, five and 10 years. For each of those time frames, the fund has posted better returns than Gross's main fund, Pimco Total Return
. And over the past year, the TCW fund is ahead of Gundlach's flagship,the DoubleLine Total Return Bond
, which doesn't yet have a three-year record.
More accolades and analysis can be found here
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