MWLDX Fees and Costs — Tcw Metwest Low Duration Bond Fund, Class M
Data updated: 2026-08-27
The net expense ratio is 0.63%: a 0.30% management fee, a 0.19% 12b-1 fee plus 0.16% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0005% of average net assets, and portfolio turnover was 489%.
MWLDX Fees and Expenses
Annual operating expenses and sales charges of MWLDX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.19% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.63% |
| 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 |
MWLDX Costs Over Time
On $10,000 invested in MWLDX, assuming 5% a year before costs, total costs come to $397 over 5 years, cutting the return by 0.66% 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 0.63%) | $66 | $207 | $361 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $218 | $397 |
| Value after costs | $10,434 | $11,359 | $12,366 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
MWLDX 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): 0.0005%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $12.0B
- Portfolio turnover (prospectus): 489%
- Securities lending: none during the year
MWLDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $5K | 100.00% |
MWLDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $3.5B | 31.32% |
| Morgan Stanley & Co. LLC | $1.9B | 17.01% |
| Citigroup Global Markets Inc. | $1.1B | 9.73% |
| Goldman Sachs & Co. LLC | $1.1B | 9.62% |
| Deutsche Bank Securities Inc. | $787.9M | 7.14% |
| BofA Securities, Inc. | $787.6M | 7.14% |
| Citadel Securities LLC | $722.6M | 6.55% |
| Barclays Capital Inc. | $519.2M | 4.71% |
| Wells Fargo Securities, LLC | $444.4M | 4.03% |
| BMO Capital Markets Corp. | $305.2M | 2.77% |
Tcw Metwest Low Duration 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 |
|---|---|---|---|
| MWLIX | Class I | 0.41% | — |
| C000263828 | Class I-3 | 0.54% | — |
| MWLDX | Class M | 0.63% | — |
| MWLNX | Administrative Class | 0.81% | — |
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.