C000263830 Fees and Costs — Tcw Metwest High Yield Bond Fund, Class I-3
Data updated: 2026-08-27
The net expense ratio is 0.76%: a 0.50% management fee plus 81.89% other expenses, less a 81.63% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 100%.
C000263830 Fees and Expenses
Annual operating expenses and sales charges of C000263830. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 81.89% |
| Gross expense ratio | 82.39% |
| Fee waiver | −81.63% |
| Net expense ratio | 0.76% |
| 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 |
C000263830 Costs Over Time
On $10,000 invested in C000263830, assuming 5% a year before costs, total costs come to $478 over 5 years, cutting the return by 0.80% 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 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $262 | $478 |
| Value after costs | $10,420 | $11,314 | $12,285 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000263830 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0003%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 100%
- Securities lending: none during the year
C000263830 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1K | 100.00% |
C000263830 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $695.2M | 57.13% |
| Barclays Capital Inc. | $105.3M | 8.65% |
| Morgan Stanley & Co. LLC | $98.5M | 8.10% |
| BofA Securities, Inc. | $97.9M | 8.04% |
| J.P. Morgan Securities LLC | $47.1M | 3.87% |
| Citigroup Global Markets Inc. | $42.4M | 3.48% |
| UBS Securities LLC | $42.4M | 3.48% |
| Goldman Sachs & Co. LLC | $35.9M | 2.95% |
| Jefferies LLC | $31.2M | 2.57% |
| Wells Fargo Securities, LLC | $20.9M | 1.72% |
Tcw Metwest High Yield Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MWHIX | Class I | 0.60% | — |
| C000263830 | Class I-3 | 0.76% | — |
| MWHYX | Class M | 0.85% | — |
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.