TCW Emerging Markets Local Currency Income Fd N Cl (TGWNX)
TCW Emerging Markets Local Currency Income Fd N Cl operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $8.00, down 0.25% on the session, giving a market capitalisation of $54.5M. Its beta of 1.30 implies it has historically moved more than the broad market.
This fund aims for a high total return, encompassing both current income generation and capital appreciation. Under normal market conditions, it allocates at least 80% of its net assets, including any borrowed funds, to debt securities. These securities are issued or guaranteed by non-financial companies, financial institutions, or government bodies located in Emerging Market Countries, and are denominated in the local currencies of their issuers. Alternatively, the fund may achieve this exposure through derivative instruments. It operates as a non-diversified fund.
TCW Emerging Markets Local Currency Income Fd N Cl is most often compared with the following Financial Services names: