MWUSX Fees and Costs — Tcw Metwest Ultra Short Bond Fund, Class M
Data updated: 2026-08-27
The net expense ratio is 0.50%: a 0.25% management fee, a 0.16% 12b-1 fee plus 0.71% other expenses, less a 0.62% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $115 in broker commissions, 0.0003% of average net assets, and portfolio turnover was 552%.
MWUSX Fees and Expenses
Annual operating expenses and sales charges of MWUSX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.16% |
| Other expenses | 0.71% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.62% |
| Net expense ratio | 0.50% |
| 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 |
MWUSX Costs Over Time
On $10,000 invested in MWUSX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $316 |
| Value after costs | $10,447 | $11,403 | $12,447 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
MWUSX 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: $115
- Bought from dealers (principal trades, not a cost): $687.8M
- Portfolio turnover (prospectus): 552%
- Securities lending: none during the year
MWUSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $115 | 100.00% |
MWUSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $238.3M | 37.62% |
| Morgan Stanley & Co. LLC | $79.3M | 12.52% |
| Goldman Sachs & Co. LLC | $71.5M | 11.29% |
| Deutsche Bank Securities Inc. | $56.7M | 8.95% |
| Citigroup Global Markets Inc. | $46.5M | 7.35% |
| BofA Securities, Inc. | $43.4M | 6.85% |
| Citadel Securities LLC | $40.1M | 6.33% |
| Barclays Capital Inc. | $20.5M | 3.24% |
| BMO Capital Markets Corp. | $19.1M | 3.02% |
| Wells Fargo Securities, LLC | $17.9M | 2.83% |
Tcw Metwest Ultra Short 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 |
|---|---|---|---|
| MWUIX | Class I | 0.34% | — |
| MWUSX | Class M | 0.50% | — |
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.