TCW Funds Recognized by 2022 Refinitiv Lipper Awards

TCW Global Real Estate Fund, TCW Conservative Allocation Fund and MetWest Flexible Income Fund receive top honors by leading industry award program

LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a global asset management firm, announced today that three of its funds have been recognized with Lipper Awards. The TCW Global Real Estate Fund (TGREX) , TCW Conservative Allocation Fund (TGPCX) and MetWest Flexible Income Fund (MWFSX) were honored in the Global Real Estate Funds, Mix-Asset Target Allocation Conservative Funds and Multi-Sector Income Funds categories, respectively, for the 3-year period ending November 30, 2021.

The TCW Global Real Estate Fund seeks to maximize total return from current income and long-term capital growth, by leveraging highly concentrated positions in the most attractive risk reward opportunities in the global real estate universe.

The TCW Conservative Allocation Fund allocates assets to underlying TCW Funds and ETF’s that invest in equity and fixed income securities, in order to provide current income and, secondarily, long-term capital appreciation.

The MetWest Flexible Income Fund seeks a high level of current income, with a secondary objective of long-term capital appreciation, by utilizing a flexible investment approach that allocates investments across a range of global opportunities related to credit, currencies and interest rates.

“For more than 50 years, TCW has exemplified a dedication to delivering effective, actively-managed investment solutions uniquely designed to meet client needs through ever-changing market environments,” said David Lippman, President and Chief Executive Officer of TCW. “These awards are reflective of the success that our disciplined, team-based, and research-driven approach brings to the investment process for our diverse set of investment strategies.”

The Lipper Awards have recognized funds and fund management firms for their consistently strong risk-adjusted three-, five-, and ten-year performance relative to their peers for over three decades. Based on Lipper's quantitative, proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance.

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 approximately $264 billion in client assets. Through the MetWest Funds and TCW 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.

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 Prospectus, please call 800-386-3829 or you may download the Prospectus from the Fund’s 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.

Equity investments entail equity risk and price volatility risk. The value of stocks and other equity securities will change based on changes in a company’s financial condition and in overall market and economic conditions.

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 MetWest Flexible Income Fund may use leverage to increase its net income, but these activities entail the risk that under certain market conditions the cost of leverage could exceed the return of the fund, reducing returns to shareholders. The use of leverage may cause a Fund to liquidate portfolio positions when it may not be advantageous to do so to satisfy its obligations or to meet segregation requirements. This may cause a Fund to be more volatile, which may increase the risk of investment loss.

Because the TCW Global Real Estate Fund concentrates its investments in the real estate industry, it may be susceptible to the impact of market, economic, regulatory, and other factors affecting the real estate industry and/or the local or regional real estate markets, which may cause the value of the Fund to fluctuate more widely than it would in a fund that invested more broadly across varying industries and sectors. REITs invested in mortgages or loans may also be indirectly subject to various risks associated with those investments, including, but not limited to, interest rate risk, credit risk and defaulted securities risk. p. The value of the Fund’s investments in REITs will decline based on a decline in the value of real estate and general real estate market and local economic conditions. REITs are pooled investment vehicles that typically invest directly in real estate, in mortgages and/or loans collateralized by real estate. REITs are also subject to highly technical and complex provisions under federal tax law.

The investment performance of the TCW Conservative Allocation Fund is affected by the investment performance of the underlying funds in which the Fund invests. The ability of the Fund to achieve its investment objective depends on the ability of the underlying funds to meet their investment objectives and on the Advisor’s decisions regarding the allocation of the Fund’s assets among the underlying funds. There can be no assurance that the investment objective of the Fund or any underlying fund will be achieved. Through its investments in the underlying funds, the Fund is subject to the risks of the underlying funds investments. Allocations shown are subject to change.

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. Fund share prices and returns will fluctuate with market conditions, currencies, and the economic and political climates where the investments are made. The securities markets of emerging market countries can be extremely volatile.

Past performance is no guarantee of future results.

The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. TCW Global Real Estate Fund (I Share) is the Refinitiv Lipper Fund Award U.S. 2022 Winner in the Global Real Estate Funds category over the 3 years period out of 156 funds. TCW Conservative Allocation Fund (I Share) is the Refinitiv Lipper Fund Award U.S. 2022 Winner in the Mixed-Asset Target Allocation Conservative Funds category over the 3 years period out of 292 funds. MetWest Flexible Income Fund (I Share) is the Refinitiv Lipper Fund Award U.S. 2022 Winner in the Mixed-Asset Target Allocation Conservative Funds category over the 3 years period out of 295 funds. Calculation period is through the end of November 2021.

TCW and MetWest Funds are distributed by TCW Funds Distributors LLC, a subsidiary of The TCW Group, Inc. (TCW). The TCW 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.