TGVNX Performance — TCW Relative Value Mid Cap Fund, N Class
Data updated: 2026-09-28
TGVNX returned +17.60% year to date and +28.46% over one year to Jul 2026. Annualised returns are +18.08% over 3 years and +11.29% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $165, against $145 for the category, and to $128 over one year, against $120. Volatility over the past three years was 16.34% a year. In the 12 months to Jul 2026 the fund took in a net $58.1M, and assets reached $165.19M.
TGVNX Growth of $100
What $100 invested in TCW Relative Value Mid Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | TGVNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $128 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $165 | $145 |
| 5 years (Aug 2021 – Jul 2026) | $171 | $156 |
| Since data start (Aug 2019 – Jul 2026) | $238 | $212 |
TGVNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.60% |
| 1 year | +28.46% |
| 3 years (annualised) | +18.08% |
| 5 years (annualised) | +11.29% |
TGVNX Annual Returns
Calendar-year total returns of TCW Relative Value Mid Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +17.60% |
| 2025 | +15.52% |
| 2024 | +17.22% |
| 2023 | +15.89% |
| 2022 | −11.89% |
| 2021 | +31.83% |
| 2020 | +3.60% |
| 2019 (Aug–Dec) | +6.99% |
TGVNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.2% | +5.2% | −5.4% | +10.9% | 0.0% | +2.8% | −2.5% | — | — | — | — | — |
| 2025 | +6.1% | −3.7% | −5.3% | −3.3% | +6.1% | +4.5% | +1.8% | +3.9% | +0.6% | −0.2% | +3.4% | +1.2% |
| 2024 | −0.6% | +4.5% | +6.2% | −4.5% | +4.8% | −2.6% | +6.2% | +0.8% | +1.3% | −1.5% | +9.3% | −6.6% |
| 2023 | +7.9% | −2.1% | −3.6% | −0.4% | −3.7% | +10.3% | +4.2% | −3.2% | −4.3% | −4.1% | +8.0% | +7.7% |
| 2022 | −4.8% | +1.6% | +0.3% | −7.8% | +2.2% | −11.2% | +8.0% | −2.7% | −9.0% | +11.8% | +6.0% | −4.3% |
| 2021 | +3.4% | +10.3% | +4.7% | +4.5% | +4.1% | −2.8% | −0.6% | +1.8% | −4.6% | +4.9% | −2.8% | +6.1% |
| 2020 | −3.9% | −11.2% | −26.5% | +13.4% | +5.7% | +1.6% | +5.5% | +3.5% | −0.9% | +1.7% | +16.1% | +6.2% |
| 2019 | — | — | — | — | — | — | — | −7.7% | +5.3% | +0.6% | +4.8% | +4.3% |
TGVNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.34%
- 3-year Sharpe ratio: 0.83 (vs 4.5% risk-free rate)
- Best month: +10.95% (Apr 2026)
- Worst month: −6.64% (Dec 2024)
TGVNX Fund Flows
Monthly money in and out of TCW Relative Value Mid Cap Fund, from SEC Form N-PORT.
- 12-month net flow: $58.1M
- 12-month gross sales (incl. reinvestments): $65.7M
- Sales ÷ redemptions: 8.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $4.7M | $352K | $4.4M |
| Jun 2026 | $12.3M | $856K | $11.4M |
| May 2026 | $4.0M | $535K | $3.5M |
| Apr 2026 | $2.4M | $467K | $2.0M |
| Mar 2026 | $3.8M | $646K | $3.2M |
| Feb 2026 | $1.9M | $591K | $1.3M |
| Jan 2026 | $12.1M | $287K | $11.8M |
| Dec 2025 | $21.5M | $1.8M | $19.7M |
| Nov 2025 | $568K | $240K | $328K |
| Oct 2025 | $472K | $893K | −$422K |
| Sep 2025 | $260K | $651K | −$392K |
| Aug 2025 | $1.5M | $248K | $1.3M |
TGVNX Assets Under Management
Net assets of TCW Relative Value Mid Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $165.19M |
| 2026-04-30 | $145.63M |
| 2026-01-31 | $125.38M |
| 2025-10-31 | $101.35M |
| 2025-07-31 | $96.66M |
| 2025-04-30 | $85.74M |
| 2025-01-31 | $97.65M |
| 2024-10-31 | $91.64M |
| 2024-07-31 | $91.85M |
| 2024-04-30 | $86.66M |
| 2024-01-31 | $81.44M |
| 2023-10-31 | $71.45M |
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.