LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a global asset management firm, announced today that two mutual funds from its TCW Funds family were honored as best in their categories for the 10-year period in the 2018 Lipper Fund Awards:
- The TCW Total Return Bond Fund (TGLMX/TGMNX) was named the best U.S. mortgage fund
- The TCW Emerging Markets Income Fund (TGEIX/TGINX) was named best emerging markets hard currency debt fund
“These awards demonstrate the success that TCW’s experienced teams of investment managers have had in producing robust returns over the constantly changing market environments in the past ten years,” said David Lippman, President and Chief Executive Officer of TCW. “Lipper’s recognition underscores our strong expertise in both domestic and international fixed income markets, as well as the strength of our team-based, disciplined investment process that delivers strong results for clients.”
For more than 30 years, the Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. Renowned fund data and proprietary methodology serve as the foundation of the Award qualification. Individual classifications of three-, five-, and 10-year periods, as well as fund families with high average scores for the three-year period are recognized.
About The TCW Group
TCW is a leading global asset management firm with a broad range of products across fixed income, equities, emerging markets and alternative investments. With more than four decades of investment experience, TCW today manages over $200 billion in client assets. Through the MetWest Funds, TCW Funds and TCW Alternative Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit www.tcw.com.
About the Lipper Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact email@example.com or visit excellence.thomsonreuters.com.
Obtain a Prospectus
You should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A Fund’s Prospectus and Summary Prospectus contain this and other information about the Fund. To receive a TCW Funds, MetWest Funds and/or TCW Alternative Funds Prospectus, please call 877-829-4768 or you may download the Prospectus from the Funds’ website at TCW.com. Please read it carefully.
A Word About Risk
It is important to note that the Funds are not guaranteed by the U.S. Government. Fixed income investments entail interest rate risk, the risk of issuer default, issuer credit risk, and price volatility risk. Funds investing in bonds can lose their value as interest rates rise and an investor can lose principal.
Mortgage-backed and other asset-backed securities often involve risks that are different from or more acute than risks associated with other types of debt instruments. MBS related to floating rate loans may exhibit greater price volatility than a fixed rate obligation of similar credit quality. With respect to non-agency MBS, there are no direct or indirect government or agency guarantees of payments in pools created by non-governmental issuers. Non-agency MBS are also not subject to the same underwriting requirements for the underlying mortgages that are applicable to those mortgage-related securities that have a government or government-sponsored entity guarantee.
Fund share prices and returns will fluctuate with market conditions, currencies, and the economic and political climates where the investments are made. Emerging markets securities carry special risks, such as less developed or less efficient trading markets, a lack of company information, and differing auditing and legal standards. The securities markets of emerging markets countries can be extremely volatile. The Fund’s investments denominated in foreign currencies will decline in value if the foreign currency declines in value relative to the U.S. dollar. Past performance is no guarantee of future results.
TCW, MetWest, and TCW Alternative Funds are distributed by TCW Funds Distributors LLC, a subsidiary of The TCW Group, Inc. (TCW). The TCW and TCW Alternative Funds are advised by TCW Investment Management Company LLC. The MetWest Funds are advised by Metropolitan West Asset Management, LLC, which is a wholly-owned subsidiary of The TCW Group, Inc.