First Pacific Financial Adds TCW Flexible Income ETF Shares

Core Viewpoint - First Pacific Financial has increased its stake in TCW Flexible Income ETF, indicating confidence in the fund's performance and strategy [2][6]. Group 1: Transaction Details - On January 16, 2026, First Pacific Financial disclosed the acquisition of 237,585 shares of TCW Flexible Income ETF during the fourth quarter [2]. - Post-transaction, First Pacific Financial holds approximately 2.2 million shares of TCW Flexible Income ETF, valued at $86.2 million, which represents 11.3% of its assets under management (AUM) [8][6]. Group 2: ETF Overview - TCW Flexible Income ETF aims for income and capital growth through an actively managed, globally diversified bond portfolio [5]. - As of January 15, 2026, the ETF's price was $39.68, with a dividend yield of 5.6% and a 1-year total return of 8.5% [4][9]. Group 3: Investment Strategy - The ETF employs a flexible mandate to adjust allocations across various credit qualities, maturities, and geographies, including up to 50% in emerging markets and selective high-yield securities [5]. - TCW Flexible Income ETF has fewer than 1,400 securities compared to the nearly 14,000 in its benchmark, the Bloomberg U.S. Aggregate Bond Index, and has outperformed this benchmark across various periods [7]. Group 4: Portfolio Composition - As of November 30, the ETF had significant allocations in asset-backed securities, commercial mortgage-backed securities, and non-agency mortgage-backed securities, with a 14.5% allocation to high-yield securities, which are not represented in the benchmark [10].