IGCB Fees and Costs — TCW Corporate Bond ETF
Data updated: 2026-09-28
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $330 in broker commissions, 0.0019% of average net assets, and portfolio turnover was 212%.
IGCB Fees and Expenses
Annual operating expenses and sales charges of IGCB. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
IGCB Costs Over Time
On $10,000 invested in IGCB, assuming 5% a year before costs, total costs come to $223 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $122 | $223 |
| Value after costs | $10,463 | $11,454 | $12,540 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
IGCB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0019%
- Total broker commissions: $330
- Bought from dealers (principal trades, not a cost): $151.0M
- Portfolio turnover (prospectus): 212%
- Securities lending: none during the year
IGCB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $330 | 100.00% |
IGCB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $58.4M | 40.36% |
| Goldman Sachs & Co. LLC | $16.5M | 11.43% |
| Deutsche Bank Securities Inc. | $15.8M | 10.96% |
| Morgan Stanley & Co. LLC | $13.9M | 9.60% |
| Barclays Capital Inc. | $13.0M | 9.02% |
| Citadel Securities LLC | $10.9M | 7.54% |
| BofA Securities, Inc. | $9.5M | 6.58% |
| BMO Capital Markets Corp. | $2.6M | 1.81% |
| J.P. Morgan Securities LLC | $2.5M | 1.75% |
| Nomura Securities International, Inc. | $1.4M | 0.96% |
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.