Key stats
About TCW Corporate Bond ETF
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Inception date
Nov 18, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
TCW Investment Management Co. LLC
IGCB is an actively managed fund that invests in a broad portfolio of USD and non-USD denominated corporate bonds of varying maturities, issued by US and foreign corporations, including those in developed market and emerging market countries. Although the fund does not target a specific duration, it will normally vary its duration from three to nine years. Also, while a majority of the fund's holdings will be investment grade, up to 20% may be invested in below investment grade bonds. In selecting the components of the fund, the adviser considers the potential performance of various market sectors, security selection available within a given sector, the risk/reward equation for different asset classes, liquidity conditions, the shape of the yield curve and projections for changes in the yield curve, fluctuations of interest rates, and current monetary and fiscal policy. IGCB began as the TCW MetWest Corporate Bond Fund, with $5 million in assets before converting to an ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate85.56%
Government10.15%
Cash1.84%
Mutual fund1.33%
Municipal0.60%
Miscellaneous0.29%
Securitized0.22%
Stock breakdown by region
North America96.89%
Europe2.91%
Asia0.18%
Oceania0.02%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IGCB invests in bonds. The fund's major sectors are Corporate, with 85.56% stocks, and Government, with 10.15% of the basket. The assets are mostly located in the North America region.
IGCB top holdings are United States Treasury Bond 4.75% 15-MAY-2055 and United States Treasury Notes 4.25% 15-MAY-2035, occupying 6.81% and 3.28% of the portfolio correspondingly.
IGCB last dividends amounted to 0.15 USD. The month before, the issuer paid 0.15 USD in dividends,
IGCB assets under management is 25.34 M USD. It's risen 1.13% over the last month.
IGCB fund flows account for 19.98 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IGCB pays dividends to its holders with the dividend yield of 3.94%. The last dividend (Jul 3, 2025) amounted to 0.15 USD. The dividends are paid monthly.
IGCB shares are issued by The TCW Group, Inc. under the brand TCW. The ETF was launched on Nov 18, 2024, and its management style is Active.
IGCB expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
IGCB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IGCB invests in bonds.
IGCB price has risen by 0.92% over the last month, and its yearly performance shows a 1.15% increase. See more dynamics on IGCB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.15% over the last month, showed a 2.64% increase in three-month performance and has increased by 4.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.15% over the last month, showed a 2.64% increase in three-month performance and has increased by 4.19% in a year.
IGCB trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.