MWSTX Fees and Costs — Tcw Metwest Strategic Income Fund, Class M
Data updated: 2026-08-27
The net expense ratio is 1.04% (1.43% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $149 in broker commissions, 0.0003% of average net assets, and portfolio turnover was 302%.
MWSTX Fees and Expenses
Annual operating expenses and sales charges of MWSTX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.51% |
| Gross expense ratio | 1.43% |
| Fee waiver | −0.39% |
| Net expense ratio | 1.04% |
| 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 |
MWSTX Costs Over Time
On $10,000 invested in MWSTX, assuming 5% a year before costs, total costs come to $650 over 5 years, cutting the return by 1.09% 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 1.04%) | $109 | $341 | $590 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $358 | $650 |
| Value after costs | $10,391 | $11,219 | $12,113 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
MWSTX 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: $149
- Bought from dealers (principal trades, not a cost): $469.2M
- Portfolio turnover (prospectus): 302%
- Securities lending: none during the year
MWSTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $149 | 100.00% |
MWSTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $142.8M | 33.42% |
| Goldman Sachs & Co. LLC | $94.0M | 22.00% |
| Citigroup Global Markets Inc. | $52.2M | 12.21% |
| Citadel Securities LLC | $25.5M | 5.98% |
| Barclays Capital Inc. | $23.3M | 5.46% |
| BofA Securities, Inc. | $21.3M | 4.98% |
| Morgan Stanley & Co. LLC | $21.2M | 4.95% |
| Deutsche Bank Securities Inc. | $19.3M | 4.52% |
| Mizuho Securities USA LLC | $14.4M | 3.36% |
| BMO Capital Markets Corp. | $13.3M | 3.11% |
Tcw Metwest Strategic Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MWSIX | Class I | 0.80% | — |
| MWSTX | Class M | 1.04% | — |
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.