TCW Relative Value Dividend Appreciation Fund
Data updated: 2024-06-25
C000017424 — TCW Relative Value Dividend Appreciation Fund. United States Large Cap Value Equity · $287.13M AUM. Holdings, fees, performance and SEC filings.
C000017424 Fund Overview
TCW Relative Value Dividend Appreciation Fund is a US mutual fund managed by Tcw Funds INC, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Tcw Funds INC
- Category: United States Large Cap Value Equity
- Assets under management: $287.13M
- 1-year return: 19.5%
- SEC CIK: 0000892071
- SEC series ID: S000006336
- Share class ID: C000017424
C000017424 Investment Objective and Strategy
TCW Relative Value Dividend Appreciation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tcw Funds INC.
Investment objective
The Fund’s investment objective is to seek to realize a high level of dividend income consistent with prudent investment management.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities of companies that have a record of paying dividends. If the Fund changes this investment policy, it will notify shareholders in writing at least 60 days in advance of the change. Equity securities include common and preferred stock; rights or warrants to purchase common or preferred stock; securities convertible into common or preferred stock such as convertible preferred stock, bonds or debentures; American Depository Receipts (ADRs); and other securities with equity characteristics. The portfolio manager analyzes economic and market conditions and identifies securities that the portfolio manager believes will make the best investments in the pursuit of the Funds investment objective.
In selecting the Funds investments, the portfolio manager considers various factors, which may include one or more of the following: a companys current valuation a companys market capitalization a companys price/earnings ratio a companys current dividend yield a companys potential for a strong positive cash flow and future dividend yields Portfolio securities may be sold for a number of reasons, including when a company fails to meet expectations or when the portfolio manager believes that (i) there has been a deterioration in the underlying fundamentals of a company, (ii) the intermediate- and long-term prospects for a company are poor, (iii) another security may offer a better investment opportunity, (iv) an individual security has reached its sell target, or (v) the portfolio should be rebalanced for diversification or portfolio weighting purposes.
C000017424 Holdings
Top 10 holdings of TCW Relative Value Dividend Appreciation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Wells Fargo & Co | 4.65% |
| Broadcom Inc | 4.17% |
| General Electric Co | 4.10% |
| JPMorgan Chase & Co | 4.09% |
| nVent Electric PLC | 3.50% |
| McKesson Corp | 3.50% |
| Lennar Corp | 3.33% |
| International Business Machines Corp | 3.26% |
| Ameriprise Financial Inc | 3.17% |
| Elevance Health Inc | 2.91% |
C000017424 Portfolio Allocation
Asset-class allocation of TCW Relative Value Dividend Appreciation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 0.2% |
C000017424 Performance
Total returns for C000017424 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 19.5% |
| 3 years (annualised) | 9.4% |
C000017424 Risk Information
Risk metrics for C000017424, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.3%
C000017424 Costs and Fees
C000017424 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 1.01%
- Portfolio turnover: 18%
- Brokerage commissions: 2.97 bps of average net assets (SEC N-CEN)
C000017424 Cashflows
Over the 12 months to 2024-04, TCW Relative Value Dividend Appreciation Fund had net outflows of $12.28M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-04 | $449.13K |
| 2024-03 | $207.57K |
| 2024-02 | $383.04K |
| 2024-01 | −$2.69M |
| 2023-12 | $4.56M |
| 2023-11 | −$1.22M |
C000017424 Debt Constituents
No individual debt constituents are reported in TCW Relative Value Dividend Appreciation Fund's latest SEC N-PORT filing.
C000017424 Prospectus and SEC Filings
Official TCW Relative Value Dividend Appreciation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-28
- Prospectus (485BPOS) — filed 2023-02-28
- Prospectus (485BPOS) — filed 2022-02-28
- Portfolio holdings (N-PORT) — filed 2024-06-25
- Portfolio holdings (N-PORT) — filed 2024-03-18
- Portfolio holdings (N-PORT) — filed 2023-12-05
- Annual census (N-CEN) — filed 2024-01-04
- Annual census (N-CEN) — filed 2023-01-06
Related Funds
Other United States Large Cap Value Equity 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.