TGVOX Fees and Costs — TCW Relative Value Mid Cap Fund, I Class
Data updated: 2026-09-28
The net expense ratio is 0.85%: a 0.70% management fee plus 0.23% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $73K in broker commissions, 0.0771% of average net assets, and portfolio turnover was 65%.
TGVOX Fees and Expenses
Annual operating expenses and sales charges of TGVOX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.85% |
| 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 |
TGVOX Costs Over Time
On $10,000 invested in TGVOX, assuming 5% a year before costs, total costs come to $581 over 5 years, cutting the return by 0.97% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $8 | $25 | $44 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $319 | $581 |
| Value after costs | $10,403 | $11,257 | $12,182 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
TGVOX 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): 0.0771%
- Total broker commissions: $73K
- Bought from dealers (principal trades, not a cost): $59.1M
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
TGVOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20K | 29.31% |
| Jefferies LLC | $16K | 22.72% |
| BNY Capital Markets, LLC | $9K | 12.78% |
| Wells Fargo Securities, LLC | $6K | 8.72% |
| Nomura Securities International, Inc. | $5K | 6.57% |
| UBS Securities LLC | $4K | 6.28% |
| Piper Sandler & Co. | $3K | 4.78% |
| BMO Capital Markets Corp. | $2K | 3.51% |
| SG Americas Securities, LLC | $2K | 2.82% |
| National Financial Services LLC | $2K | 2.52% |
TGVOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $59.1M | 100.00% |
TCW Relative Value Mid Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TGVOX | I Class | 0.85% | — |
| TGVNX | N Class | 0.95% | — |
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.