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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.66

$28.2 M

3.01%

$0.35

1.07%

Vitals

YTD Return

6.1%

1 yr return

12.8%

3 Yr Avg Return

1.9%

5 Yr Avg Return

5.5%

Net Assets

$28.2 M

Holdings in Top 10

90.9%

52 WEEK LOW AND HIGH

$11.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 26.34%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.66

$28.2 M

3.01%

$0.35

1.07%

TGPCX - Profile

Distributions

  • YTD Total Return 6.1%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 5.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.94%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    TCW Conservative Allocation Fund
  • Fund Family Name
    TCW Family of Investment Companies
  • Inception Date
    Mar 13, 2007
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Reilly

Fund Description

Under normal circumstances, the Fund invests in a combination of (i) fixed income funds, and (ii) equity funds that utilize diverse investment styles, such as growth and/or value investing. The Fund’s emphasis on diversification is intended to temper volatility by lessening the effect of any one investment style. The Fund seeks to achieve this by investing in a combination of other funds — the “Underlying Funds” — through the implementation of a strategic asset allocation strategy. The Underlying Funds consist of the other series of
TCW Funds, Inc., series of TCW ETF Trust, series of Metropolitan West Funds, and various unaffiliated funds. Metropolitan West Asset Management, LLC, investment advisor to the Metropolitan West Funds, and TCW Investment Management Company LLC, the Fund’s investment advisor (the “Advisor”) and the investment advisor to the TCW ETF Trust, are affiliated wholly-owned subsidiaries of the TCW Group, Inc.
The Fund invests in the Underlying Funds at levels that are determined by the Advisor’s four-step process, whereby the Advisor preliminarily ranks the Underlying Funds, constructs a portfolio model, determines allocations and conducts analyses of the portfolio.
The equity Underlying Funds invest principally in equity securities of large-capitalization companies, including common and preferred stock; rights, warrants or options to purchase common or preferred stock; securities that may be converted into or exchanged for common or preferred stock, such as convertible preferred stock, convertible debt and Eurodollar convertible securities; equity securities of foreign companies listed on established exchanges, including NASDAQ; American Depository Receipts (ADRs); and other securities with equity characteristics. The Fund invests between 20% and 60% of its net assets in equity Underlying Funds, some of which may invest in international equity exchange-traded funds (“ETFs”). ETFs are typically open-end investment companies whose shares are listed for trading on a national securities exchange.
The fixed income Underlying Funds invest principally in fixed income securities, including securities issued or guaranteed by the United States government or its agencies, instrumentalities or sponsored corporations; corporate obligations (including convertible securities); mortgage-backed and asset-backed securities (which may be privately issued); local currency- or U.S. dollar-denominated foreign debt securities (government and corporate); money market instruments; and other securities bearing fixed or variable interest rates of any maturity. The fixed income Underlying Funds may invest in below investment grade bonds (commonly known as “junk bonds”), which are bonds rated below BBB by Fitch Ratings, Inc., below BBB by S&P Global Ratings and below Baa by Moody’s Investors Service, Inc., or, if unrated, bonds deemed by the investment advisor to be of comparable quality The fixed income Underlying funds may also invest in derivatives. The Fund invests between 40% and 80% of its net assets in fixed income Underlying Funds.
The Fund is a “fund of funds.” The Fund is subject to the risks associated with each of the Underlying Funds. Additionally, the operating expenses incurred by each Underlying Fund are borne indirectly by shareholders of the Fund because the Fund not only directly bears its annual operating expenses but also indirectly bears the annual operating expenses of each of the Underlying Funds in proportion to its allocation. Each of the affiliated Underlying Funds pays a management fee to the Advisor or its affiliate and the management fees differ among the Underlying Funds. This may create a conflict of interest when the Advisor selects Underlying Funds for investment by the Fund.
The portfolio managers determine and monitor the combination and allocation to the Underlying Funds they believe will help the Fund to achieve its investment goal. While there is no cap on investing in any one Underlying Fund, the Fund, under normal market conditions, adheres to the asset class limitations described above. Asset allocations may differ from the targeted range due to the market fluctuations and other factors. After the initial allocation, the portfolio managers determine when the Fund’s allocations to the Underlying Funds should be rebalanced to maintain the targeted allocations. The target allocation ranges may be modified due to a market action or a portfolio manager recommendation without advance notice to shareholders.
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TGPCX - Performance

Return Ranking - Trailing

Period TGPCX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -0.2% 16.0% 1.40%
1 Yr 12.8% 2.2% 40.0% 16.08%
3 Yr 1.9%* -13.8% 8.4% 22.54%
5 Yr 5.5%* -4.6% 8.2% 13.12%
10 Yr 4.8%* 0.0% 7.5% 20.64%

* Annualized

Return Ranking - Calendar

Period TGPCX Return Category Return Low Category Return High Rank in Category (%)
2023 9.5% -1.3% 27.4% 3.74%
2022 -19.1% -35.0% -7.4% 78.25%
2021 -1.3% -11.5% 14.6% 87.17%
2020 12.6% -10.3% 40.7% 0.77%
2019 7.3% -9.5% 22.1% 84.74%

Total Return Ranking - Trailing

Period TGPCX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -0.2% 16.0% 1.40%
1 Yr 12.8% 2.2% 40.0% 16.08%
3 Yr 1.9%* -13.8% 8.4% 22.54%
5 Yr 5.5%* -4.6% 8.2% 13.12%
10 Yr 4.8%* 0.0% 7.5% 20.64%

* Annualized

Total Return Ranking - Calendar

Period TGPCX Return Category Return Low Category Return High Rank in Category (%)
2023 18.3% -1.3% 28.2% 1.40%
2022 -6.8% -35.0% -3.1% 2.13%
2021 10.0% -11.5% 32.0% 17.19%
2020 22.3% -5.4% 40.7% 0.51%
2019 22.5% 4.5% 27.7% 1.84%

NAV & Total Return History


TGPCX - Holdings

Concentration Analysis

TGPCX Category Low Category High TGPCX % Rank
Net Assets 28.2 M 218 K 51.5 B 96.06%
Number of Holdings 17 3 5294 75.12%
Net Assets in Top 10 28.2 M 243 K 9.52 B 91.16%
Weighting of Top 10 90.90% 7.5% 127.7% 28.40%

Top 10 Holdings

  1. TCW Total Return Bond Fund 21.33%
  2. Metropolitan West Total Return Bond Fund 19.62%
  3. TCW Relative Value Large Cap Fund 9.11%
  4. Metropolitan West Unconstrained Bond Fund 8.76%
  5. TCW Select Equities Fund 7.72%
  6. TCW New America Premier Equities Fund 7.69%
  7. Metropolitan West Low Duration Bond Fund 5.63%
  8. TCW Global Real Estate Fund 4.83%
  9. TCW Global Bond Fund 3.35%
  10. iShares MSCI EAFE ETF 2.86%

Asset Allocation

Weighting Return Low Return High TGPCX % Rank
Stocks
99.32% 0.00% 102.36% 32.71%
Convertible Bonds
1.07% 0.00% 71.77% 40.38%
Cash
0.68% -35.68% 37.58% 61.86%
Preferred Stocks
0.00% 0.00% 21.95% 79.53%
Other
0.00% -0.44% 63.55% 78.14%
Bonds
0.00% 0.00% 81.41% 86.08%

Stock Sector Breakdown

Weighting Return Low Return High TGPCX % Rank
Technology
20.37% 0.22% 27.92% 26.48%
Financial Services
17.31% 0.00% 83.50% 13.00%
Real Estate
13.77% 0.00% 43.16% 8.98%
Healthcare
12.11% 0.00% 24.25% 71.63%
Industrials
10.16% 0.14% 17.90% 52.48%
Consumer Cyclical
7.72% 0.00% 14.20% 67.38%
Communication Services
7.37% 0.00% 11.11% 35.93%
Consumer Defense
4.61% 0.00% 18.62% 91.73%
Energy
2.99% 0.00% 62.93% 85.34%
Basic Materials
2.51% 0.00% 32.82% 92.20%
Utilities
1.07% 0.00% 48.33% 95.27%

Stock Geographic Breakdown

Weighting Return Low Return High TGPCX % Rank
US
99.32% 0.00% 102.36% 32.79%
Non US
0.00% 0.00% 22.63% 81.63%

TGPCX - Expenses

Operational Fees

TGPCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.06% 7.81% 38.75%
Management Fee 0.00% 0.00% 1.25% 19.53%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.01% 0.70% 6.60%

Sales Fees

TGPCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TGPCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TGPCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.34% 2.00% 380.00% 40.15%

TGPCX - Distributions

Dividend Yield Analysis

TGPCX Category Low Category High TGPCX % Rank
Dividend Yield 3.01% 0.00% 7.77% 48.03%

Dividend Distribution Analysis

TGPCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Semi-Annually Monthly Monthly

Net Income Ratio Analysis

TGPCX Category Low Category High TGPCX % Rank
Net Income Ratio 0.94% -1.22% 6.83% 84.94%

Capital Gain Distribution Analysis

TGPCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

TGPCX - Fund Manager Analysis

Managers

Michael Reilly


Start Date

Tenure

Tenure Rank

Nov 16, 2006

15.55

15.6%

Mr. Reilly is the Chief Investment Officer of the Equities Group and Director of U.S. Equity Research. He joined TCW in 1992 as an Equity Analyst after working four years in corporate finance at Security Pacific Bank. In 1995, he assumed co-portfolio management responsibility for TCW’s Latin America, Emerging Markets and International Equities investment strategies. Subsequently, from 2002-2005, he was co-Portfolio Manager of the Société Générale Asset Management (SGAM) global equities team prior to assuming leadership of the U.S. Equity Research department in 2006. Mr. Reilly graduated valedictorian of the University of Southern California with a BS in Finance and a BA in Spanish and also received his MBA from the University of Southern California. He was recipient of the Rotary Foundation Ambassadorial Fellowship for a year of postgraduate studies at Universidad Complutense in Madrid, Spain. He is a CFA charterholder.

Adam Coppersmith


Start Date

Tenure

Tenure Rank

Dec 17, 2009

12.46

12.5%

Mr. Coppersmith initially joined TCW in 1994 and returned in 1999 and currently works for the Portfolio Analytics group as an Analyst. Prior to his return, he worked at Patterson Capital as a Portfolio Analyst / Trader and with Deutsche Bank as an Analyst in their mortgage-backed area. Mr. Coppersmith holds a BA in Political Science from the University of California at Los Angeles. He is a CFA charterholder. He is a member of the Los Angeles Society of Financial Analysts and the CFA Institute.

Stephen Kane


Start Date

Tenure

Tenure Rank

Feb 08, 2010

12.32

12.3%

Stephen M. Kane, CFA Group Managing Director U.S. Fixed Income Mr. Kane is a Generalist Portfolio Manager in the U.S. Fixed Income Group. He joined TCW in 2009 during the acquisition of Metropolitan West Asset Management LLC (MetWest). At MetWest, Mr. Kane was responsible for leading MetWest's AlphaTrak, Ultra Short and Liability Driven Investment (LDI) products, and he co-manages many of the firm's mutual funds. Under his co-leadership, the MetWest investment team was recognized as Morningstar's Fixed Income Manager of the Year for 2005. Prior to establishing MetWest, he was a fixed income portfolio manager at Hotchkis and Wiley. He also served as a Vice President at PIMCO. Mr. Kane earned a BS in Business from the University of California, Berkeley and an MBA from the University of Chicago Booth School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 28.73 6.44 2.41