FLXR — TCW Flexible Income ETF
Data updated: 2026-09-28
FLXR — TCW Flexible Income ETF. Long Securitized (MBS/ABS/CMBS) Bond · $3.48B AUM · 0.40% expense ratio. Holdings, fees, performance and SEC filings.
FLXR Fund Overview
FLXR — TCW Flexible Income ETF is a US ETF managed by TCW ETF Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: TCW ETF Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $3.48B
- 1-year return: 4.6%
- Ticker: FLXR
- SEC CIK: 0001831313
- SEC series ID: S000085545
- Share class ID: C000250838
FLXR Investment Objective and Strategy
TCW Flexible Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by TCW ETF Trust.
Investment objective
Investment Objective: The Fund seeks a high level of current income with a secondary objective of long-term capital appreciation.
Principal investment strategy
The Fund is an actively managed exchange-traded fund (ETF) that seeks to pursue its objective by utilizing a flexible investment approach that allocates investments across a range of global investment opportunities related to credit, currencies and interest rates. The Fund has latitude to invest in a diversified mix of fixed income securities across a wide array of sectors, the credit quality spectrum and maturity profiles. The Fund will invest, under normal circumstances, at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities and instruments that generate income, in accordance with Rule 35d-1 under the Investment Company Act of 1940, as amended (the 1940 Act). These investments include securities issued in the U.S.
and abroad by domestic and foreign corporations and governments, including emerging markets. If the Fund changes this investment policy, it will notify shareholders in writing at least 60 days in advance of the change. The Fund may invest in both investment grade and high yield fixed income securities (commonly known as junk bonds), subject to investing no more than 65% of its total assets (measured at the time of investment) in securities rated below investment grade (commonly known as junk bonds) by Moodys Investors Service, Inc. (Moodys), S&P Global Ratings (S&P) or Fitch Ratings, Inc. (Fitch), or unrated securities determined by the Adviser to be of comparable quality.
FLXR Holdings
Top 10 holdings of TCW Flexible Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| TCW Central Cash Fund | 4.65% |
| United States Treasury | 3.72% |
| TCW Private Asset Income Fund | 2.63% |
| Umbs, Tba | 2.40% |
| United States Treasury | 2.24% |
| Umbs, Tba | 2.19% |
| Umbs, Tba | 2.16% |
| Government National Mortgage Association | 1.92% |
| Umbs, Tba | 1.45% |
| Umbs, Tba | 1.39% |
FLXR Portfolio Allocation
Asset-class allocation of TCW Flexible Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 70.7% |
| Fixed Income | 28.2% |
| Loans | 8.5% |
| Equity | 7.3% |
| Cash & Equivalents | 0.6% |
FLXR Performance
Total returns for FLXR (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.3% |
| 1 year | 4.6% |
| 3 years (annualised) | 7.5% |
FLXR Risk Information
Risk metrics for FLXR, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.9%
FLXR Costs and Fees
FLXR costs about $40 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.40%
- Gross expense ratio: 0.40%
- Portfolio turnover: 390%
- Brokerage commissions: 0.21 bps of average net assets (SEC N-CEN)
FLXR Cashflows
Over the 12 months to 2026-07, TCW Flexible Income ETF had net inflows of $2.05B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $162.90M |
| 2026-06 | $144.37M |
| 2026-05 | $184.46M |
| 2026-04 | $158.85M |
| 2026-03 | $130.73M |
| 2026-02 | $162.33M |
FLXR Debt Constituents
Largest debt holdings of TCW Flexible Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 3.72% |
| United States Treasury | 2.24% |
| Turkiye Government Bond | 0.34% |
| Morgan Stanley Bank Na | 0.29% |
| Southern Co. | 0.27% |
| United States Treasury | 0.25% |
| Medline Borrower LP | 0.25% |
| Meta Platforms, Inc. | 0.25% |
| Big Sky Funding LLC | 0.23% |
| Cigna Group/the | 0.20% |
FLXR Prospectus and SEC Filings
Official TCW Flexible Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus supplement (497) — filed 2026-03-05
- Prospectus supplement (497) — filed 2025-03-06
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other Long Securitized (MBS/ABS/CMBS) 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.