TCW Core Fixed Income Portfolio
Data updated: 2026-08-27
C000154912 — TCW Core Fixed Income Portfolio. Long Total / Aggregate Bond · $1.27B AUM · 0.47% expense ratio. Holdings, fees, performance and SEC filings.
C000154912 Fund Overview
TCW Core Fixed Income Portfolio is a US mutual fund managed by Brighthouse Funds Trust I, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Brighthouse Funds Trust I
- Category: Long Total / Aggregate Bond
- Assets under management: $1.27B
- 1-year return: 3.7%
- SEC CIK: 0001126087
- SEC series ID: S000049130
- Share class ID: C000154912
C000154912 Investment Objective and Strategy
TCW Core Fixed Income Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust I.
Investment objective
Maximize total return consistent with the preservation of capital.
Principal investment strategy
TCW Investment Management Company LLC (TCW or Subadviser), subadviser to the Portfolio, invests, under normal circumstances, at least 80% of the Portfolios net assets in debt securities. These debt securities include but are not limited to securities issued or guaranteed by the U.S. Government, its agencies, instrumentalities or sponsored corporations; corporate obligations (including convertible securities); mortgage-backed securities; asset-backed securities; U.S. dollar-denominated foreign securities (corporate and government); and other securities bearing fixed or variable interest rates of any maturity. The Portfolio may invest up to 5% of its net assets in high-yield fixed income securities (commonly known as junk bonds). The Portfolio may also invest a portion of its assets in bank loans of companies in the high-yield universe.
High-yield portfolio holdings are diversified by industry and issuer in an attempt to reduce the impact of negative events for an industry or issuer. The Portfolio may also make use of mortgage dollar rolls, repurchase agreements, reverse repurchase agreements and inflation-indexed bonds. The Portfolio may invest in securities issued pursuant to Rule 144A under the Securities Act of 1933. The Portfolio may invest, without limitation, in derivative instruments such as options, futures and swap agreements. The Portfolio may invest in securities that are commonly referred to as mortgage derivatives (including inverse floaters) and interest only (IO), principal-only (PO), inverse IOs and tiered index bonds. The Portfolio may also purchase or sell securities on a when-issued, delayed delivery or forward commitment basis.
Under normal market conditions, the Portfolio uses a controlled risk approach, which attempts to control the principal risk components of the fixed-income markets and include consideration of: security selection within a given sector, relative performance of the various market sectors, the shape of the yield curve, and fluctuations in the overall level of interest rates. TCW utilizes active asset allocation in managing the Portfolios investments and monitors the duration of the Portfolios portfolio securities to seek to mitigate its exposure to interest rate risk.
C000154912 Holdings
Top 10 holdings of TCW Core Fixed Income Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 7.00% |
| United States Treasury | 6.48% |
| State Street Institutional US Government Money Market Fund | 6.36% |
| United States Treasury | 6.30% |
| United States Treasury | 4.13% |
| Umbs, Tba | 3.49% |
| United States Treasury | 3.00% |
| Umbs, Tba | 2.99% |
| United States Treasury | 2.77% |
| United States Treasury | 2.71% |
C000154912 Portfolio Allocation
Asset-class allocation of TCW Core Fixed Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 56.6% |
| Fixed Income | 51.0% |
| Equity | 6.4% |
| Cash & Equivalents | 2.5% |
| Real Estate | 0.1% |
C000154912 Performance
Total returns for C000154912 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.6% |
| 1 year | 3.7% |
| 3 years (annualised) | 4.2% |
| 5 years (annualised) | -0.2% |
C000154912 Risk Information
Risk metrics for C000154912, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.3%
C000154912 Costs and Fees
C000154912 costs about $47 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.47%
- Gross expense ratio: 0.59%
- Portfolio turnover: 461%
- Brokerage commissions: 0.09 bps of average net assets (SEC N-CEN)
C000154912 Cashflows
Over the 12 months to 2026-06, TCW Core Fixed Income Portfolio had net inflows of $12.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $50.19M |
| 2026-05 | $648.65K |
| 2026-04 | −$4.15M |
| 2026-03 | −$35.53M |
| 2026-02 | −$3.45M |
| 2026-01 | −$1.07M |
C000154912 Debt Constituents
Largest debt holdings of TCW Core Fixed Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 7.00% |
| United States Treasury | 6.48% |
| United States Treasury | 6.30% |
| United States Treasury | 4.13% |
| United States Treasury | 3.00% |
| United States Treasury | 2.77% |
| United States Treasury | 2.71% |
| United States Treasury | 2.54% |
| United States Treasury | 1.20% |
| Humana, Inc. | 0.36% |
C000154912 Prospectus and SEC Filings
Official TCW Core Fixed Income Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.