IGCB

TCW Corporate Bond ETF

$46.60

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The TCW Corporate Bond ETF (IGCB) seeks to provide current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

Overview

ETF tracking TCW Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-11-18

Market Cap $26.6M

Average Volume N/A

Dividend Yield 3.63%

52-Week Range $44.31 - $47.37

VWAP $46.60

Performance

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Investment Summary

📎 Investment Objective

The TCW Corporate Bond ETF (IGCB) seeks to provide current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

🎯 Investment Strategy

The fund tracks the Bloomberg U.S. Corporate Bond Index, which measures the investment-grade, fixed-rate, taxable corporate bond market. The portfolio is constructed to provide broad exposure to the U.S. corporate bond market while maintaining a focus on investment-grade credit quality.

✨ Key Features

Broad exposure to the U.S. investment-grade corporate bond market
Seeks to provide current income through bond coupon payments
Passively managed to track the Bloomberg U.S. Corporate Bond Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the underlying corporate bonds
Liquidity risk: The corporate bond market may experience periods of reduced liquidity, which could affect the fund's ability to sell its holdings
Passive investment risk: As a passively managed fund, IGCB's performance may not match the index it tracks

👤 Best For

The TCW Corporate Bond ETF may be suitable for investors seeking exposure to the investment-grade corporate bond market as part of a diversified fixed-income allocation. It may be particularly appealing to those seeking current income and a low-cost, passively managed approach to the asset class.