TCW: $370M Bond Fund to Active ETF
- The TCW Group has broadened its exchange-traded fund (ETF) offerings with the launch of the TCW Core Plus Bond ETF (Ticker: FIXT).
- Jennifer Grancio, global head of distribution at TCW, noted the firm's ETF assets have more than doubled since last year.
- The TCW Core Plus Bond ETF (fixed income strategy) is the seventh fixed income ETF introduced by TCW since launching its dedicated ETF platform in mid-2024.
TCW aggressively expands its ETF offerings, converting a $370 million bond fund into the actively managed TCW Core Plus Bond ETF (FIXT). This strategic pivot aims to deliver robust total returns via a diversified core plus fixed income strategy. Discover how TCW’s ETF assets have more than doubled, spurred by investor interest in their active management approach. The firm now manages over $2 billion in fixed income ETFs. Bryan Whalen, CIO of TCW, highlights their nimble strategy to navigate market changes, overweighting favorable segments. Plus, TCW’s expansion into private markets with the TCW Private Asset Income Fund is a key move. For breaking news and updates, News Directory 3 has the details.Discover what’s next as TCW continues to innovate its offerings!
TCW Launches Core Plus bond ETF (FIXT) Amid ETF Growth
Updated June 25, 2025
The TCW Group has broadened its exchange-traded fund (ETF) offerings with the launch of the TCW Core Plus Bond ETF (Ticker: FIXT). This new actively managed ETF, born from the conversion of the $370 million TCW MetWest Intermediate Bond Fund (Ticker: MWIIX), aims to deliver total return through a core plus fixed income strategy. The fund invests across a wide array of sectors, emphasizing diversified market exposure.
Jennifer Grancio, global head of distribution at TCW, noted the firm’s ETF assets have more than doubled since last year. She attributed this growth to strong investor and advisor interest in TCW’s active ETFs, which seek attractive yield and total return.
The TCW Core Plus Bond ETF (fixed income strategy) is the seventh fixed income ETF introduced by TCW since launching its dedicated ETF platform in mid-2024. The firm’s ETF lineup includes the TCW Flexible Income ETF (FLXR), TCW AAA CLO ETF (ACLO), TCW Corporate Bond ETF (IGCB), TCW High Yield Bond ETF (HYBX), TCW Multisector credit Income ETF (MUSE), and TCW Senior Loan ETF (SLNZ). TCW now manages over $2 billion in fixed income ETFs.
Bryan Whalen, CIO of TCW, said their active approach and experience navigating changing markets allows them to be nimble. He added that this enables them to overweight favorable opportunities and underweight less appealing market segments.
In addition to its ETF growth, TCW recently expanded into private markets with the launch of the TCW Private Asset Income Fund (TPAY). This interval fund provides exposure to the $5 trillion asset-backed finance (ABF) market.
What’s next
TCW plans to continue expanding its ETF offerings and private market strategies, seeking to provide investors with diverse opportunities for yield and total return in various market conditions. The firm’s focus remains on active management and adapting to evolving market dynamics.