TCW Total Return Bond Fund
Data updated: 2026-09-28
C000263823 — TCW Total Return Bond Fund. Long Total / Aggregate Bond · $1.56B AUM · 0.59% expense ratio. Holdings, fees, performance and SEC filings.
C000263823 Fund Overview
TCW Total Return Bond Fund is a US mutual fund managed by Tcw Funds INC, categorised as Long Total / Aggregate Bond. 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: Long Total / Aggregate Bond
- Assets under management: $1.56B
- 1-year return: 3.1%
- SEC CIK: 0000892071
- SEC series ID: S000006330
- Share class ID: C000263823
C000263823 Investment Objective and Strategy
TCW Total Return Bond 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 maximize current income and achieve above average total return consistent with prudent investment management over a full market cycle.
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 debt securities. If the Fund changes this investment policy, it will notify shareholders in writing at least 60 days in advance of the change. Debt securities include bonds, notes and other fixed income instruments issued by governmental or private sector issuers. The Fund may invest in securitized obligations of any maturity or type guaranteed by, or secured by collateral that is guaranteed by, the United States government or its agencies, instrumentalities or sponsored corporations, and privately issued mortgage-backed and asset-backed securities. At least 50% of the Funds net assets will be invested in securitized obligations guaranteed by the United States government or its agencies, instrumentalities or sponsored corporations; privately issued mortgage-backed and asset-backed securities rated at time of investment Aa3 or higher by Moodys, AA- or higher by Standard & Poors or the equivalent by any other nationally recognized statistical organization; other obligations of the United States government or its agencies, instrumentalities or sponsored corporations; and money market instruments.
The Fund may invest in privately issued securitized obligations rated below investment grade, which are commonly known as junk bonds. The Fund may invest, without limitation, in derivative instruments such as options, futures and swap agreements. The Fund may invest in securities that are commonly known as mortgage derivatives, including inverse floaters, interest only (IO) strips, principal-only (PO) strips, inverse IOs and tiered index bonds. The Fund may also purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. In managing the Funds investments, under normal market conditions, the portfolio managers seek to construct an investment portfolio with a weighted average duration of no more than eight years. Portfolio securities or other instruments may be sold for a number of reasons, including when the portfolio managers believe that (i) another security or instrument may offer a better investment opportunity, (ii) there has been a deterioration in the credit fundamentals of an issuer, (iii) an individual security or instrument has reached its sell target, or (iv) the portfolio should be rebalanced for diversification or portfolio weighting purposes.
C000263823 Holdings
Top 10 holdings of TCW Total Return Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| TCW Central Cash Fund | 9.42% |
| Umbs, Tba | 8.06% |
| Umbs, Tba | 2.77% |
| Umbs, Tba | 2.61% |
| Umbs, Tba | 2.45% |
| Umbs, Tba | 2.39% |
| Fannie Mae | 1.76% |
| Government National Mortgage Association | 1.66% |
| Umbs, Tba | 1.44% |
| Government National Mortgage Association | 1.43% |
C000263823 Portfolio Allocation
Asset-class allocation of TCW Total Return Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 115.4% |
| Equity | 10.7% |
| Fixed Income | 2.7% |
| Cash & Equivalents | 0.3% |
C000263823 Performance
Total returns for C000263823 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.2% |
| 1 year | 3.1% |
C000263823 Risk Information
Risk metrics for C000263823, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
C000263823 Costs and Fees
C000263823 costs about $59 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.59%
- Gross expense ratio: 1.34%
- Portfolio turnover: 307%
- Brokerage commissions: 0.32 bps of average net assets (SEC N-CEN)
C000263823 Cashflows
Over the 12 months to 2026-07, TCW Total Return Bond Fund had net outflows of $217.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$12.88M |
| 2026-06 | −$22.34M |
| 2026-05 | −$7.64M |
| 2026-04 | −$5.65M |
| 2026-03 | −$8.92M |
| 2026-02 | $1.45M |
C000263823 Debt Constituents
Largest debt holdings of TCW Total Return Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 1.01% |
| United States Treasury | 0.98% |
| United States Treasury | 0.29% |
| Nomura Corporate Funding Ameri | 0.20% |
| Ncfa LLC Loan Participation 3 | 0.11% |
| United States Treasury | 0.06% |
| Hoa Royaltyco LLC | 0.00% |
C000263823 Prospectus and SEC Filings
Official TCW Total Return Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-08-25
- Prospectus (485BPOS) — filed 2025-02-28
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other Long Total / Aggregate Bond 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.