Description
The High Yield Bond Fund will maintain an average duration between 2 and 8 years. The Fund may invest in corporate and government debt securities, mortgage and other asset-backed securities, secured bank loans, money market instruments and derivatives. The Fund will invest at least 80% of its net assets in a portfolio of high yield securities rated below investment grade, but only a maximum of 20% may be invested in debt securities rated below B.

Management Team

All of MetWest's mutual funds and investment strategies are team-managed with a generalist/specialist structure. The High Yield Bond Fund team has five managers:

Laird Landmann Joined MetWest: 1996 Education: Dartmouth (B.A.), University of Chicago (M.B.A.)	Steve Kane, CFA Joined MetWest: 1996 Education: UC, Berkeley (B.S.), University of Chicago (M.B.A.)

Jamie Farnham Joined MetWest: 2002 Education: Princeton (B.A.), UCLA (M.B.A.)	Gino Nucci, CFA Joined MetWest: 2004 Education: Yale (B.A.), UCLA (M.B.A)

David Lippman Joined MetWest: 2001 Education: Drew University (B.A.), Hofstra University (J.D.)