TGPNX Fees and Costs — TCW Conservative Allocation Fund, N Class
Data updated: 2026-09-28
The net expense ratio is 1.28% (5.52% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0079% of average net assets, and portfolio turnover was 25%.
TGPNX Fees and Expenses
Annual operating expenses and sales charges of TGPNX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 4.67% |
| Gross expense ratio | 5.52% |
| Fee waiver | −4.24% |
| Net expense ratio | 1.28% |
| 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 |
TGPNX Costs Over Time
On $10,000 invested in TGPNX, assuming 5% a year before costs, total costs come to $801 over 5 years, cutting the return by 1.35% 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 1.28%) | $134 | $418 | $723 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $135 | $442 | $801 |
| Value after costs | $10,365 | $11,135 | $11,962 |
| Impact on return, per year | 1.35% | 1.35% | 1.35% |
TGPNX 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): 0.0079%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $40.6M
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
TGPNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $926 | 36.13% |
| Redburn (USA) LLC | $582 | 22.71% |
| Goldman Sachs & Co. LLC | $400 | 15.61% |
| Jefferies LLC | $332 | 12.94% |
| Nomura Securities International, Inc. | $280 | 10.93% |
| Raymond James & Associates, Inc. | $43 | 1.69% |
TGPNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $38.7M | 95.30% |
| U.S. Bancorp Investments, Inc. | $1.2M | 3.02% |
| Goldman Sachs & Co. LLC | $619K | 1.52% |
| J.P. Morgan Securities LLC | $65K | 0.16% |
TCW Conservative Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TGPCX | I Class | 0.91% | — |
| TGPNX | N Class | 1.28% | — |
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.