Metropolitan West Alpha Trak 500 Fd 

This fund provides an enhanced strategy for S&P 500 Index exposure, achieved by combining a fixed-income portfolio with direct, unleveraged investments in S&P 500 Index futures contracts. The fixed-income component is structured with a portfolio duration of up to three years and a dollar-weighted average maturity not exceeding five years. To ensure quality, at least 85% of these fixed-income securities are investment grade rated or considered of comparable quality by the Adviser.