MWTNX Fees and Costs — Tcw Metwest Total Return Bond Fund, Administrative Class
Data updated: 2026-08-27
The net expense ratio is 0.80%: a 0.35% management fee, a 0.21% 12b-1 fee plus 0.24% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $110K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 405%.
MWTNX Fees and Expenses
Annual operating expenses and sales charges of MWTNX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.21% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| 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 |
MWTNX Costs Over Time
On $10,000 invested in MWTNX, assuming 5% a year before costs, total costs come to $503 over 5 years, cutting the return by 0.84% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $503 |
| Value after costs | $10,416 | $11,301 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
MWTNX 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: $110K
- Bought from dealers (principal trades, not a cost): $303.4B
- Portfolio turnover (prospectus): 405%
- Securities lending: none during the year
MWTNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $110K | 100.00% |
MWTNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $52.8B | 19.85% |
| Barclays Capital Inc. | $49.3B | 18.54% |
| BofA Securities, Inc. | $38.4B | 14.45% |
| Goldman Sachs & Co. LLC | $29.7B | 11.17% |
| Wells Fargo Securities, LLC | $21.8B | 8.19% |
| Citadel Securities LLC | $21.2B | 7.98% |
| J.P. Morgan Securities LLC | $15.9B | 5.99% |
| Citigroup Global Markets Inc. | $13.3B | 5.02% |
| Mizuho Securities USA LLC | $12.6B | 4.75% |
| Morgan Stanley & Co. LLC | $10.8B | 4.06% |
Tcw Metwest Total Return 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 |
|---|---|---|---|
| MWTSX | Plan Class | 0.38% | — |
| MWTIX | Class I | 0.43% | — |
| MWTTX | Class I-2 | 0.53% | — |
| C000263829 | Class I-3 | 0.59% | — |
| MWTRX | Class M | 0.68% | — |
| MWTNX | Administrative Class | 0.80% | — |
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.