C000098651 Fees and Costs — TCW Enhanced Commodity Strategy Fund, I Class
Data updated: 2024-09-20
The net expense ratio is 0.70% (1.59% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $2K in broker commissions, 0.0067% of average net assets, and portfolio turnover was 14%.
C000098651 Fees and Expenses
Annual operating expenses and sales charges of C000098651. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.69% |
| Gross expense ratio | 1.59% |
| Fee waiver | −0.89% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000098651 Costs Over Time
On $10,000 invested in C000098651, assuming 5% a year before costs, total costs come to $445 over 5 years, cutting the return by 0.74% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $11 | $41 |
| Total costs | $74 | $244 | $445 |
| Value after costs | $10,426 | $11,333 | $12,318 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
C000098651 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0067%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $154.3M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
C000098651 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $2K | 100.00% |
C000098651 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $118.8M | 79.91% |
| BMO Capital Markets Corp. | $7.6M | 5.09% |
| J.P. Morgan Securities LLC | $5.9M | 3.98% |
| UBS Securities LLC | $3.2M | 2.17% |
| Nomura Securities International, Inc. | $3.0M | 2.00% |
| Goldman Sachs & Co. LLC | $2.7M | 1.80% |
| BofA Securities, Inc. | $2.6M | 1.76% |
| Morgan Stanley & Co. LLC | $2.6M | 1.76% |
| Citadel Securities LLC | $1.3M | 0.86% |
| Barclays Capital Inc. | $981K | 0.66% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.