TCW Core Plus Bond ETF (FIXT)
TCW Core Plus Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $37.26, up 0.22% on the session, giving a market capitalisation of $318.6M. Its beta of 0.75 implies it has historically moved less than the broad market.
The underlying index for this fund comprises stocks and depositary receipts traded on exchanges worldwide. A significant aspect of the fund's investment strategy is its intention to allocate a substantial portion of its capital – specifically 25% or more of its total assets – to companies whose primary business activities fall within a single industry or a closely related cluster of industries. This concentrated approach is adopted to the degree that the benchmark index itself exhibits such a narrow industry focus. Consequently, the fund is characterized as non-diversified.
TCW Core Plus Bond ETF is most often compared with the following Financial Services names: