# EDGAR Filing Document

**Accession Number:** 0002036272
**File Stem:** 0001410368-26-021133
**Filing Date:** 2026-3
**Character Count:** 28238
**Document Hash:** 1aef33a2080bef282a3233e8658088b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-021133.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001410368-26-021133

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCW Private Asset Income Fund
- **CENTRAL INDEX KEY:** 0002036272

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24002
- **FILM NUMBER:** 26703644

**BUSINESS ADDRESS:**
- **STREET 1:** 515 SOUTH FLOWER ST
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 213-244-0000

**MAIL ADDRESS:**
- **STREET 1:** 515 SOUTH FLOWER ST
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** TCW Private Asset Income Fund

- **b. Investment Company Act file number:** 811-24002

- **c. CIK number of Registrant:** 0002036272

- **d. LEI of Registrant:** 254900JOZ7KOHWZ5ZD02

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 515 SOUTH FLOWER STREET

  - **City:** LOS ANGELES

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-244-0000

**Item A.2. Information about the Series.**

- **a. Name of Series:** TCW Private Asset Income Fund

- **c. LEI of Series:** 254900JOZ7KOHWZ5ZD02

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $460283123.00

**Total Liabilities:** $28974192.74

**Net Assets:** $431308930.26

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -212.83000000 | **1-Year:** -251.02000000 | **5-Year:** -787.93000000 | **10-Year:** -4240.45000000 | **30-Year:** -3030.48000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -1206.75000000 | **1-Year:** -62367.80000000 | **5-Year:** -69920.70000000 | **10-Year:** -1773.91000000 | **30-Year:** -54.26000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.47%                | 0.78%                | 0.67%                |
| Class ID N/A | 0.43%                | 0.72%                | 0.62%                |
| Class ID N/A | 0.59%                | 0.65%                | 0.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-534903.81                                |
| Month 2  | $0.00                    | $148951.30                                 |
| Month 3  | $-640821.58              | $815418.52                                 |

### Schedule of Portfolio Investments

| Name                                                             | Title                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Affirm Master Trust                                              | Affirm Master Trust                                             | CUSIP: 00833BAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7102290.30   | 1.65%             | 2033-07-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| AMDR ABS Trust                                                   | AMDR ABS TRUST 2025-1                                           | CUSIP: 02342WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6544364 | PA      | $6555724.44   | 1.52%             | 2033-12-19      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                         | Angel Oak Mortgage Trust 2025-HB1                               | CUSIP: 034936AA2<br>LEI: 254900ZFKOWCY24MSQ94 | Long             | ABS-O            | CORP              | US        |   2256877 | PA      | $2272804.09   | 0.53%             | 2055-02-25      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                               | Aqua Finance Issuer Trust 2025-A                                | CUSIP: 038394AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1405038 | PA      | $1424442.98   | 0.33%             | 2050-12-19      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                         | Avis Budget Rental Car Funding AESOP LLC 2021                   | CUSIP: 05377REU4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   6500000 | PA      | $6408905.75   | 1.49%             | 2028-02-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                         | Avis Budget Rental Car Funding AESOP LLC 2023                   | CUSIP: 05377RJW5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   6460000 | PA      | $6592544.99   | 1.53%             | 2028-08-21      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| Cherry Securitization Trust                                      | Cherry Securitization Trust 2024-1                              | CUSIP: 164737AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1022181.80   | 0.24%             | 2032-04-15      | Fixed         | 12.28%                | No            |                  2 | On Loan: No      |
| FF Asset Securitization LLC                                      | FF Asset Securitization LLC                                     | CUSIP: 31568BAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9500000 | PA      | $9532944.10   | 2.21%             | 2031-12-17      | Fixed         | 11.17%                | No            |                  2 | On Loan: No      |
| Consolidated Communications LLC, Fidium Fiber Finance Holdco LLC | Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC | CUSIP: 315961AE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8185220.80   | 1.90%             | 2055-12-20      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| FORA Financial Asset Securitization                              | Fora Financial Asset Securitization 2024 LLC                    | CUSIP: 34512PAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3925692.42   | 0.91%             | 2029-08-15      | Fixed         | 8.03%                 | No            |                  2 | On Loan: No      |
| Fortiva Retail Credit Master Note Business Trust                 | Fortiva Retail Credit Master Note Business Trust                | CUSIP: 34962ABF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7700000 | PA      | $7718908.89   | 1.79%             | 2031-05-15      | Fixed         | 12.52%                | No            |                  3 | On Loan: No      |
| Mission Lane Credit Card Master Trust                            | Mission Lane Credit Card Master Trust                           | CUSIP: 60510MBH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4036168.80   | 0.94%             | 2030-01-15      | Fixed         | 9.16%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                            | Mission Lane Credit Card Master Trust                           | CUSIP: 60510MBJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3026113.80   | 0.70%             | 2030-01-15      | Fixed         | 12.19%                | No            |                  2 | On Loan: No      |
| NFAS, Llc                                                        | NFAS3 LLC                                                       | CUSIP: 62909DAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7602000 | PA      | $7743902.73   | 1.80%             | 2031-05-15      | Fixed         | 8.19%                 | No            |                  2 | On Loan: No      |
| NFAS, Llc                                                        | NFAS3 LLC                                                       | CUSIP: 62909DAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4669000 | PA      | $4717691.13   | 1.09%             | 2031-05-15      | Fixed         | 11.93%                | No            |                  2 | On Loan: No      |
| Ondeck Asset Securitization Trust LLC                            | OnDeck Asset Securitization Trust IV LLC                        | CUSIP: 67108SAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1375000 | PA      | $1379898.03   | 0.32%             | 2031-10-17      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Ondeck Asset Securitization Trust LLC                            | OnDeck Asset Securitization IV LLC                              | CUSIP: 67108SAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2800000 | PA      | $2821822.08   | 0.65%             | 2032-11-17      | Fixed         | 8.58%                 | No            |                  2 | On Loan: No      |
| Ondeck Asset Securitization Trust LLC                            | OnDeck Asset Securitization Trust IV LLC                        | CUSIP: 67118NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12000000 | PA      | $12285273.60  | 2.85%             | 2031-06-17      | Fixed         | 8.99%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING                                            | PK Alift Loan Funding 7 LP                                      | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6588419 | PA      | $6611385.00   | 1.53%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                            | PRPM 2025-2 LLC                                                 | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9020323 | PA      | $9043918.80   | 2.10%             | 2030-05-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| PFP III                                                          | PFP 2025-12 Ltd                                                 | CUSIP: 69382JAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3030868.17   | 0.70%             | 2042-12-18      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                            | PRPM 2025-RPL3 LLC                                              | CUSIP: 69392NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4584949 | PA      | $4444645.31   | 1.03%             | 2055-04-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                            | PRPM 2025-RPL3 LLC                                              | CUSIP: 69392NAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2806612.50   | 0.65%             | 2055-04-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Perimeter Master Note Business Trust                             | Perimeter Master Note Business Trust                            | CUSIP: 71384PBE0<br>LEI: 5493005H6EB040833X54 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5043589.50   | 1.17%             | 2030-12-16      | Fixed         | 8.49%                 | No            |                  2 | On Loan: No      |
| Perimeter Master Note Business Trust                             | Perimeter Master Note Business Trust                            | CUSIP: 71384PBF7<br>LEI: 5493005H6EB040833X54 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5041488.75   | 1.17%             | 2030-12-16      | Fixed         | 12.80%                | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partners LLC                             | PRET 2025-NPL4 LLC                                              | CUSIP: 74136UAA3<br>LEI: 2549006327OOFEDCTX76 | Long             | ABS-O            | CORP              | US        |   2173520 | PA      | $2185758.04   | 0.51%             | 2055-04-25      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| RFS Asset Securitization II LLC                                  | RFS Asset Securitization II LLC                                 | CUSIP: 74969DAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1783891.03   | 0.41%             | 2031-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| RFS Asset Securitization LLC                                     | RFS Asset Securitization V LLC                                  | CUSIP: 74970DAH5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5809000 | PA      | $5857124.08   | 1.36%             | 2032-05-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| RFS Asset Securitization LLC                                     | RFS Asset Securitization V LLC                                  | CUSIP: 74970DAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2022516.80   | 0.47%             | 2032-05-15      | Fixed         | 11.11%                | No            |                  2 | On Loan: No      |
| RFS Asset Securitization LLC                                     | RFS Asset Securitization V LLC                                  | CUSIP: 74970DAK8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6576000 | PA      | $6649945.15   | 1.54%             | 2032-05-15      | Fixed         | 13.11%                | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                              | Reach ABS Trust 2023-1                                          | CUSIP: 75525AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5427000 | PA      | $5754156.38   | 1.33%             | 2031-02-18      | Fixed         | 12.27%                | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                              | Reach ABS Trust 2025-2                                          | CUSIP: 75525QAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1925883.70   | 0.45%             | 2032-08-18      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                          | Santander Bank Auto Credit-Linked Notes Series 2022-C           | CUSIP: 80290CBL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7075000 | PA      | $7712096.68   | 1.79%             | 2032-12-15      | Fixed         | 18.06%                | No            |                  2 | On Loan: No      |
| Sunbit Asset Securitization Trust                                | Sunbit Asset Securitization Trust 2025-1                        | CUSIP: 86709SAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1019065.60   | 0.24%             | 2030-07-15      | Fixed         | 7.92%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                                     | Upstart Securitization Trust 2025-4                             | CUSIP: 91684AAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5001727.30   | 1.16%             | 2035-11-20      | Fixed         | 7.67%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                                     | Upstart Securitization Trust 2025-3                             | CUSIP: 91684FAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7500000 | PA      | $7446904.50   | 1.73%             | 2035-09-20      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| The Dreyfus Corporation                                          | Dreyfus Treasury & Agency Cash Management Institutional Shares  | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |  39107632 | NS      | $39107631.63  | 9.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PMNBT 2025 TWO C                                                 | PMNBT 2025 TWO C                                                | CUSIP: 000000000<br>LEI: 5493005H6EB040833X54 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10016343.40  | 2.32%             | 2031-09-15      | Fixed         | 8.94%                 | No            |                  3 | On Loan: No      |
| PMNBT 2025 TWO D D ABS/ABS                                       | PMNBT 2025 TWO D D ABS/ABS                                      | CUSIP: 000000000<br>LEI: 5493005H6EB040833X54 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5008978.00   | 1.16%             | 2031-09-15      | Fixed         | 13.24%                | No            |                  3 | On Loan: No      |
| Sotheby's Art Loan Trust LLC                                     | SAFMT 2023-VFS-A (2025-B)                                       | CUSIP: 000000000<br>LEI: 549300P5BAAMQQ7VL735 | Long             | LON              | CORP              | US        |  37145668 | PA      | $37145668.11  | 8.61%             | 2029-12-20      | Floating      | 9.04%                 | No            |                  3 | On Loan: No      |
| Mercury Financial Credit Card Master Trust                       | Mercury Financial Credit Card Master Trust 2025 Revolver        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  61935484 | PA      | $62027179.48  | 14.38%            | 2029-04-20      | Floating      | 11.67%                | No            |                  3 | On Loan: No      |
| Cardless Asset Receivable Trust                                  | Cardless Asset Receivable Trust Class B Revolver                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  47384990 | PA      | $46974833.72  | 10.89%            | 2028-04-15      | Floating      | 12.67%                | No            |                  3 | On Loan: No      |
| NOMURA CORP FUND AMERICAS, LLC                                   | NOMURA CORP FUND AMERICAS, LLC Term Loan                        | CUSIP: 000000000<br>LEI: 549300SALVA4F9X8OO86 | Long             | LON              | CORP              | CA        |  10000000 | PA      | $10000000.00  | 2.32%             | 2030-04-11      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| IMPRINT PAYMENTS INC                                             | Imprint Payments Inc Revolver Class B                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2368420 | PA      | $2188268.28   | 0.51%             | 2027-07-01      | Floating      | 10.62%                | No            |                  3 | On Loan: No      |
| CHERRY SPV IX LLC                                                | Cherry SPV IX LLC Class B Revolver                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1953665 | PA      | $1838705.85   | 0.43%             | 2029-10-01      | Floating      | 10.99%                | No            |                  3 | On Loan: No      |
| Arra Finance Automobile Trust I                                  | ARRA FIN AUTOMOBILE TRUST I MEZZANINE CLASS B                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  15810500 | PA      | $15610499.59  | 3.62%             | 2027-07-26      | Floating      | 11.59%                | No            |                  3 | On Loan: No      |
| UPGRADE INC                                                      | UPGRADE INC 2025 USD CLASS B REVOLVER                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   9503841 | PA      | $9307166.02   | 2.16%             | 2028-12-15      | Floating      | 10.53%                | No            |                  3 | On Loan: No      |
| FLEXIBLE FINANCE SPV III LLC                                     | FLEXIBLE FINANCE SPV III LLC CLASS B REVOLVER                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13029411 | PA      | $12941176.43  | 3.00%             | 2028-05-20      | Floating      | 10.69%                | No            |                  3 | On Loan: No      |
| 3795 Roy Richards MOB LLC                                        | 3795 Roy Richards MOB LLC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2300000 | PA      | $2304346.02   | 0.53%             | 2026-05-01      | Fixed         | 10.99%                | No            |                  3 | On Loan: No      |
| Chimney Partners, LLC                                            | Chimney Partners, LLC                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3400000 | PA      | $3411753.27   | 0.79%             | 2026-06-01      | Fixed         | 9.25%                 | No            |                  3 | On Loan: No      |
| 4J South Bay LLC                                                 | 4J South Bay LLC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1058575 | PA      | $1061715.50   | 0.25%             | 2026-06-01      | Fixed         | 10.50%                | No            |                  3 | On Loan: No      |
| King 25 LLC                                                      | King 25 LLC                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1692447 | PA      | $1699579.52   | 0.39%             | 2026-07-01      | Fixed         | 9.99%                 | No            |                  3 | On Loan: No      |
| Riverside 25 LLC                                                 | Riverside 25 LLC                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1482000 | PA      | $1488504.86   | 0.35%             | 2026-07-01      | Fixed         | 9.99%                 | No            |                  3 | On Loan: No      |
| Whitsett Dream LLC                                               | Whitsett Dream LLC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5980000 | PA      | $6026612.62   | 1.40%             | 2027-01-01      | Fixed         | 10.50%                | No            |                  3 | On Loan: No      |
| Hammill Project LLC                                              | Hammill Project LLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1800000 | PA      | $1805394.80   | 0.42%             | 2026-08-01      | Fixed         | 9.75%                 | No            |                  3 | On Loan: No      |
| 7111 E 21st St LLC                                               | 7111 E 21st St LLC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1399009 | PA      | $1411289.95   | 0.33%             | 2027-08-01      | Fixed         | 11.00%                | No            |                  3 | On Loan: No      |
| Keystone Capital LLC                                             | Keystone Capital LLC                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1920000 | PA      | $1927831.69   | 0.45%             | 2026-08-01      | Fixed         | 10.50%                | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** TCW Private Asset Income Fund

**Signature:** Cielo Ordonez

**Name of Signer:** Cielo Ordonez

**Title:** Senior Vice President