Metropolitan West Strategic Fund Quote
| MWSTX Fund | USD 6.08 0.01 0.16% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Metropolitan West is trading at 6.08 as of the 19th of April 2024; that is 0.16 percent increase since the beginning of the trading day. The fund's open price was 6.07. Metropolitan West has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Metropolitan West Strategic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund pursues its objective by using techniques intended to provide absolute returns in all markets and employs a strategy intended to produce high income while exploiting disparities or inefficiencies in markets. The adviser focuses on inefficiencies related to secured or asset-backed debt compared with unsecured and subordinated debt or equity of companies and issuers. More on Metropolitan West Strategic
Moving together with Metropolitan Mutual Fund
| 0.87 | MWCIX | Metropolitan West | PairCorr |
| 0.87 | MWCRX | Metropolitan West | PairCorr |
| 0.87 | MWCPX | Metropolitan West | PairCorr |
| 0.82 | MWFEX | Metropolitan West | PairCorr |
Metropolitan Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Metropolitan West's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Metropolitan West or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Metropolitan West Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Metropolitan West Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of July 2022 |
| Fiscal Year End | March |
Metropolitan West Strategic [MWSTX] is traded in USA and was established 19th of April 2024. Metropolitan West is listed under Metropolitan West Funds category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Metropolitan West Funds family. This fund now has accumulated 68.48 M in assets with no minimum investment requirementsMetropolitan West is currently producing year-to-date (YTD) return of 0.17% with the current yeild of 0.07%, while the total return for the last 3 years was 0.7%.
Check Metropolitan West Probability Of Bankruptcy
Metropolitan West Target Price Odds Analysis
Based on a normal probability distribution, the odds of Metropolitan West jumping above the current price in 90 days from now is about 88.24%. The Metropolitan West Strategic probability density function shows the probability of Metropolitan West mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Metropolitan West has a beta of 0.0647. This indicates as returns on the market go up, Metropolitan West average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Metropolitan West Strategic will be expected to be much smaller as well. Additionally, metropolitan West Strategic has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Metropolitan West to move above the current price in 90 days from now is about 88.24 (This Metropolitan West Strategic probability density function shows the probability of Metropolitan Mutual Fund to fall within a particular range of prices over 90 days) .
Metropolitan West Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Metropolitan West market risk premium is the additional return an investor will receive from holding Metropolitan West long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Metropolitan West. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Metropolitan West's alpha and beta are two of the key measurements used to evaluate Metropolitan West's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1962 | |||
| Standard Deviation | 0.276 | |||
| Variance | 0.0762 | |||
| Risk Adjusted Performance | (0.03) |
Metropolitan West Against Markets
Picking the right benchmark for Metropolitan West mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Metropolitan West mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Metropolitan West is critical whether you are bullish or bearish towards Metropolitan West Strategic at a given time. Please also check how Metropolitan West's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Metropolitan West without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Metropolitan Mutual Fund?
Before investing in Metropolitan West, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Metropolitan West. To buy Metropolitan West fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Metropolitan West. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Metropolitan West fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Metropolitan West Strategic fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Metropolitan West Strategic fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Metropolitan West Strategic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Metropolitan West Strategic?
The danger of trading Metropolitan West Strategic is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Metropolitan West is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Metropolitan West. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Metropolitan West is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan West Strategic. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.