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MBDLX

$--
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1d
1w
1m

Analysis and statistics

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About

MBDLX.US refers to the Metropolitan West Total Return Bond Fund Class M. It is a mutual fund focused on generating current income while maintaining a prudent level of risk by investing primarily in investment-grade U.S. bonds. The fund's objective is to outperform the Bloomberg Barclays U.S. Aggregate Bond Index.
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Factors

[Mortgage Rates]: Rising rates decrease the value of existing mortgage-backed securities as newer ones offer higher yields.

[Prepayment Speeds]: Faster prepayments, often due to refinancing, reduce the lifespan of the security and can negatively impact returns, especially if purchased at a premium.

[Credit Risk]: Changes in the perceived creditworthiness of the underlying mortgages affect the security's value; defaults lower the price.

[Economic Conditions]: A strong economy typically leads to lower defaults and stable prices, while a recession can increase defaults and decrease prices.

[Inflation Expectations]: Higher inflation erodes the real value of fixed-income investments like MBDLX.US, potentially lowering its price.

[Federal Reserve Policy]: Actions by the Federal Reserve, such as quantitative easing or changes to interest rates, have a significant influence on the mortgage market and MBDLX.US's price.

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