TGRYX Fees and Costs — TCW Global Real Estate Fund, N Class
Data updated: 2026-09-28
The net expense ratio is 1.00%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.56% other expenses, less a 0.61% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $32K in broker commissions, 0.0772% of average net assets, and portfolio turnover was 60%.
TGRYX Fees and Expenses
Annual operating expenses and sales charges of TGRYX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.61% |
| Fee waiver | −0.61% |
| Net expense ratio | 1.00% |
| 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 |
TGRYX Costs Over Time
On $10,000 invested in TGRYX, assuming 5% a year before costs, total costs come to $673 over 5 years, cutting the return by 1.13% 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 1.00%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $8 | $25 | $44 |
| Lost growth on money paid in costs | $0 | $17 | $62 |
| Total costs | $113 | $370 | $673 |
| Value after costs | $10,387 | $11,206 | $12,090 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
TGRYX 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): 0.0772%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $31.0M
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
TGRYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $19K | 57.99% |
| UBS Securities LLC | $5K | 14.72% |
| Wells Fargo Securities, LLC | $4K | 10.98% |
| Redburn (USA) LLC | $2K | 5.96% |
| RBC Capital Markets, LLC | $1K | 3.83% |
| Jefferies LLC | $958 | 3.00% |
| Barclays Capital Inc. | $545 | 1.70% |
| BMO Capital Markets Corp. | $334 | 1.05% |
| BofA Securities, Inc. | $243 | 0.76% |
| Nomura Securities International, Inc. | $1 | 0.00% |
TGRYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $31.0M | 100.00% |
TCW Global Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TGREX | I Class | 0.90% | — |
| TGRYX | N Class | 1.00% | — |
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.