# EDGAR Filing Document

**Accession Number:** 0000892071
**File Stem:** 0001410368-25-010682
**Filing Date:** 2025-9
**Character Count:** 390162
**Document Hash:** c7392fad4a9a6c82386584e70a5cf941
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010682.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001410368-25-010682

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCW FUNDS INC
- **CENTRAL INDEX KEY:** 0000892071

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07170
- **FILM NUMBER:** 251340671

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TCW GALILEO FUNDS INC
- **DATE OF NAME CHANGE:** 19950113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TCW FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### TCW Concentrated Large Cap Growth Fund (Series ID: S000006325)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017399 | I Class      | TGCEX           |
| C000017400 | N Class      | TGCNX           |

## Nport-Ex

**TCW Concentrated Large Cap Growth Fund** 

SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK**—**97.9% of Net Assets** |  |  |
|  **Aerospace & Defense**—**2.3%** |  |  |
|  General Electric Co. | 64976 | $17613694 |
|  **Broadline Retail**—**6.4%** | **Broadline Retail**—**6.4%** | **Broadline Retail**—**6.4%** |
|  Amazon.com, Inc.<sup>(1)</sup> | 204639 | 47908036 |
|  **Capital Markets**—**2.7%** |  |  |
|  S&P Global, Inc. | 36229 | 19965802 |
|  **Commercial Services & Supplies**—**1.9%** |  |  |
|  Waste Connections, Inc. (Canada) | 75235 | 14044118 |
|  **Consumer Staples Distribution & Retail**—**3.1%** |  |  |
|  Costco Wholesale Corp. | 24800 | 23303072 |
|  **Electrical Equipment**—**1.1%** |  |  |
|  Eaton Corp. PLC | 22538 | 8670819 |
|  **Financial Services**—**7.2%** |  |  |
|  Mastercard, Inc. | 45239 | 25626536 |
|  Visa, Inc. | 82499 | 28500930 |
|  |  | 54127466 |
|  **Health Care Equipment & Supplies**—**6.4%** |  |  |
|  Boston Scientific Corp.<sup>(1)</sup> | 181441 | 19036790 |
|  Dexcom, Inc.<sup>(1)</sup> | 136362 | 11013959 |
|  Intuitive Surgical, Inc.<sup>(1)</sup> | 37237 | 17914348 |
|  |  | 47965097 |
|  **Interactive Media & Services**—**10.4%** |  |  |
|  Alphabet, Inc.—Class C | 200081 | 38587622 |
|  Meta Platforms, Inc. | 51424 | 39773378 |
|  |  | 78361000 |
|  **IT Services**—**3.9%** |  |  |
|  Gartner, Inc.<sup>(1)</sup> | 28767 | 9741945 |
|  Shopify, Inc.<sup>(1)</sup> | 157835 | 19289015 |
|  |  | 29030960 |
|  **Media**—**1.5%** |  |  |
|  Trade Desk, Inc.<sup>(1)</sup> | 133390 | 11599594 |
|  **Pharmaceuticals**—**1.3%** |  |  |
|  Zoetis, Inc. | 67361 | 9820560 |
|  **Semiconductors & Semiconductor Equipment**—**23.5%** |  |  |
|  ASML Holding NV (Netherlands) | 20520 | 14255449 |
|  Broadcom, Inc. | 125762 | 36936299 |
|  NVIDIA Corp. | 704971 | 125393192 |
|  |  | 176584940 |
|  **Software**—**23.7%** |  |  |
|  Adobe, Inc.<sup>(1)</sup> | 16932 | 6056407 |
|  Cadence Design Systems, Inc.<sup>(1)</sup> | 51296 | 18700983 |
|  Crowdstrike Holdings, Inc.<sup>(1)</sup> | 42940 | 19519236 |
|  Microsoft Corp. | 112399 | 59964866 |
|  Palo Alto Networks, Inc.<sup>(1)</sup> | 89986 | 15621570 |
|  ServiceNow, Inc.<sup>(1)</sup> | 43078 | 40627723 |
|  Tyler Technologies, Inc.<sup>(1)</sup> | 30298 | 17710999 |
|  |  | 178201784 |
|  **Specialty Retail**—**2.5%** |  |  |
|  O'Reilly Automotive, Inc.<sup>(1)</sup> | 191509 | 18829165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $247,184,048) |  | 736026107 |
|  **MONEY MARKET INVESTMENTS—2.3%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(2)</sup> | 2824229 | 2824229 |
|  TCW Central Cash Fund, 4.34%<sup>(2)(3)</sup> | 14400000 | 14400000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $17,224,229) |  | 17224229 |
|  **Total Investments (100.2%)** (Cost: $264,408,277) |  | 753250336 |
|  **Excess Of Other Assets Over Liabilities (-0.2%)** | **Excess Of Other Assets Over Liabilities (-0.2%)** | (1431878) |
|  **Net Assets (100.0%)** |  | $751818458 |

---

---

| | |
|:---|:---|
|  **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (3) | Affiliated issuer. |

---

------

**TCW Concentrated Large Cap Growth Fund** 

Schedule of Investments (Continued)

The summary of the TCW Concentrated Large Cap Growth Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from**<br>**Sales** | **Number of<br>Shares Held<br>July 31, 2025** | **Value at**<br>**July 31, 2025** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net change in<br>Unrealized Gain**<br>**(Loss) on<br>Investments** |
|  TCW Central Cash Fund | $— | $82580000 | $68180000 | 14400000 | $14400000 | $163041 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $14400000 | $163041 | $– $– $|  |

---

------

**TCW Concentrated Large Cap Growth Fund** 

Investments by Sector (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Software | 23.7% |
|  Semiconductors & Semiconductor Equipment | 23.5 |
|  Interactive Media & Services | 10.4 |
|  Financial Services | 7.2 |
|  Broadline Retail | 6.4 |
|  Health Care Equipment & Supplies | 6.4 |
|  IT Services | 3.9 |
|  Consumer Staples Distribution & Retail | 3.1 |
|  Capital Markets | 2.7 |
|  Specialty Retail | 2.5 |
|  Aerospace & Defense | 2.3 |
|  Commercial Services & Supplies | 1.9 |
|  Media | 1.5 |
|  Pharmaceuticals | 1.3 |
|  Electrical Equipment | 1.1 |
|  Money Market Investments | 2.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.2% |

---

------

**TCW Concentrated Large Cap Growth Fund** 

Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Software | $178201784 | $— | $— | $178201784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 176584940 |  |  | 176584940 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interactive Media & Services | 78361000 |  |  | 78361000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Financial Services | 54127466 |  |  | 54127466 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 47965097 |  |  | 47965097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Broadline Retail | 47908036 |  |  | 47908036 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services | 29030960 |  |  | 29030960 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples Distribution & Retail | 23303072 |  |  | 23303072 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 19965802 |  |  | 19965802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 18829165 |  |  | 18829165 |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | 17613694 |  |  | 17613694 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Services & Supplies | 14044118 |  |  | 14044118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media | 11599594 |  |  | 11599594 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 9820560 |  |  | 9820560 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment | 8670819 |  |  | 8670819 |
|  Total Common Stock | 736026107 |  |  | 736026107 |
|  Money Market Investments | 17224229 |  |  | 17224229 |
|  Total Investments | $753250336 | $— | $— | $753250336 |

---

------

**TCW Conservative Allocation Fund** 

SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **INVESTMENT COMPANIES—99.4%** | **INVESTMENT COMPANIES—99.4%** |  |
|  **Diversified Equity Funds**—**16.1%** |  |  |
|  TCW Concentrated Large Cap Growth Fund (formerly TCW Select Equities Fund)—I Class<sup>(1)</sup> | 41309 | $1392515 |
|  TCW Global Real Estate Fund—I Class<sup>(1)</sup> | 72356 | 881292 |
|  TCW Relative Value Large Cap Fund—I Class<sup>(1)</sup> | 161160 | 2670422 |
|  TCW Relative Value Mid Cap Fund—I Class<sup>(1)</sup> | 2025 | 60681 |
|  |  | 5004910 |
|  **Diversified Fixed Income Funds**—**65.5%** |  |  |
|  TCW Emerging Markets Income Fund—I Class<sup>(1)</sup> | 32076 | 215232 |
|  TCW Global Bond Fund—I Class<sup>(1)</sup> | 111479 | 944225 |
|  TCW MetWest High Yield Bond Fund—I Class<sup>(1)</sup> | 45209 | 422702 |
|  TCW MetWest Low Duration Bond Fund—I Class<sup>(1)</sup> | 71855 | 603585 |
|  TCW MetWest Total Return Bond Fund—I Class<sup>(1)</sup> | 869370 | 7859109 |
|  TCW MetWest Unconstrained Bond Fund—I Class<sup>(1)</sup> | 318068 | 3298365 |
|  TCW Securitized Bond Fund—I Class<sup>(1)</sup> | 915096 | 7055388 |
|  |  | 20398606 |
|  **Exchange-Traded Funds**—**16.9%** |  |  |
|  iShares Gold Trust<sup>(2)</sup> | 8355 | 518094 |
|  iShares MSCI EAFE ETF | 6960 | 609139 |
|  TCW Artificial Intelligence ETF<sup>(1),(2)</sup> | 5522 | 177726 |
|  TCW Compounders ETF<sup>(1)</sup> | 99874 | 3404864 |
|  TCW Transform Supply Chain ETF<sup>(1)</sup> | 4690 | 328990 |
|  TCW Transform Systems ETF<sup>(1)</sup> | 2270 | 214413 |
|  |  | 5253226 |
|  **Exchange-Traded Notes**—**0.9%** |  |  |
|  iPath Bloomberg Commodity Index Total Return ETN<sup>(2)</sup> | 8720 | 294387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Exchange-traded Notes** (Cost: $280,702) |  | 294387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $27,544,856) |  | 30951129 |
|  **MONEY MARKET INVESTMENTS—0.8%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(3)</sup> | 154326 | 154326 |
|  TCW Central Cash Fund, 4.34%<sup>(1),(3)</sup> | 100000 | 100000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $254,326) |  | 254326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $254,326) |  | 254326 |
|  **Total Investments (100.2%)** (Cost: $27,799,182) | **Total Investments (100.2%)** (Cost: $27,799,182) | 31205455 |
|  **Excess Of Other Assets Over Liabilities (-0.2%)** |  | (75056) |
|  **Net Assets (100.0%)** |  | $31130399 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ETF | Exchange-Traded Fund. |
| ETN | Exchange Traded Note. |
| (1) | Affiliated issuer. |
| (2) | Non-income producing security. |
| (3) | Rate disclosed is the 7-day net yield as of July 31, 2025. |

---

------

**TCW Conservative Allocation Fund** 

Schedule of Investments (Continued)

The summary of the TCW Conservative Allocation Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at**<br>**Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,**<br>**2025** | **Value at**<br>**July 31,**<br>**2025** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net Realized Gain<br>(Loss) on<br>Investments** | **Net change in<br>Unrealized Gain<br>(Loss) on<br>Investments** |
|  TCW Artificial Intelligence ETF | $157796 | $— | $8775 | 5522 | $177726 | $— | $— | $6122 | $22583 |
|  TCW Central Cash Fund |  | 1700000 | 1600000 | 100000 | 100000 | 2285 |  |  |  |
|  TCW Compounders ETF | 3184346 | 938307 | 633526 | 99874 | 3404864 | 301879 |  | 1707 | (85970) |
|  TCW Concentrated Large Cap Growth Fund | 1732949 | 233094 | 580647 | 41309 | 1392515 |  |  | 159813 | (152694) |
|  TCW Emerging Markets Income Fund—I Class | 208039 | 12559 | 9353 | 32076 | 215232 | 11511 |  | (819) | 4806 |
|  TCW Global Bond Fund—I Class | 1123044 | 25334 | 231541 | 111479 | 944225 | 22608 |  | (47941) | 75329 |
|  TCW Global Real Estate Fund—I Class | 1299842 | 18231 | 394260 | 72356 | 881292 | 18231 |  | 69308 | (111829) |
|  TCW MetWest High Yield Bond Fund—I Class | 164199 | 326019 | 78794 | 45209 | 422702 | 14250 |  | (1156) | 12434 |
|  TCW MetWest Low Duration Bond Fund—I Class | 1343078 | 34396 | 782711 | 71855 | 603585 | 34533 |  | (24521) | 33343 |
|  TCW MetWest Total Return Bond Fund—I Class | 7140535 | 1437034 | 736202 | 869370 | 7859109 | 260588 |  | (148986) | 166728 |
|  TCW MetWest Unconstrained Bond Fund—I Class | 3347535 | 280613 | 349295 | 318068 | 3298365 | 163715 |  | (45033) | 64545 |
|  TCW Relative Value Large Cap Fund—I Class | 3136088 | 192699 | 672247 | 161160 | 2670422 | 23413 | 169286 | 93632 | (79750) |
|  TCW Relative Value Mid Cap Fund—I Class | 163066 | 14309 | 113193 | 2025 | 60681 | 1535 | 12773 | 38908 | (42409) |
|  TCW Securitized Bond Fund—I Class | 8410602 | 662732 | 1889029 | 915096 | 7055388 | 422155 |  | (466467) | 337550 |
|  TCW Transform Supply Chain ETF | 161305 | 163224 | 9381 | 4690 | 328990 | 1167 |  | (301) | 14143 |
|  TCW Transform Systems ETF | 172891 |  | 8613 | 2270 | 214413 | 649 |  | 1734 | 48401 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $29629509 | $1278519 | $182059 | $(364000) | $307210 |

---

------

**TCW Conservative Allocation Fund** 

Investments by Sector (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Diversified Fixed Income Funds | 65.5% |
|  Exchange-Traded Funds | 16.9 |
|  Diversified Equity Funds | 16.1 |
|  Exchange-Traded Notes | 0.9 |
|  Money Market Investments | 0.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.2% |

---

------

**TCW Conservative Allocation Fund** 

Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Investment Companies | $30951129 | $– $|  | $30951129 |
|  Money Market Investments | 254326 | – |  | 254326 |
|  Total Investments | $31205455 | $– $|  | $31205455 |

---

------

**TCW Global Real Estate Fund** 

SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—98.9% of Net Assets** |  |  |
|  **Australia**—**11.0%** |  |  |
|  Charter Hall Group | 48727 | $628940 |
|  Dexus | 368086 | 1664866 |
|  Goodman Group | 61353 | 1374320 |
|  Mirvac Group | 562707 | 808874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Australia** (Cost: $4,066,495) |  | 4477000 |
|  **Belgium—2.8%** (Cost: $1,258,835) |  |  |
|  Shurgard Self Storage Ltd. | 28849 | 1148155 |
|  **Canada**—**5.8%** |  |  |
|  Brookfield Corp. | 13696 | 919407 |
|  BSR Real Estate Investment Trust | 19830 | 247875 |
|  Killam Apartment Real Estate Investment Trust | 91983 | 1218855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Canada** (Cost: $2,435,859) |  | 2386137 |
|  **Japan**—**5.5%** |  |  |
|  Mitsubishi Estate Co. Ltd. | 70500 | 1322605 |
|  Mitsui Fudosan Co. Ltd. | 103900 | 930572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Japan** (Cost: $1,882,315) |  | 2253177 |
|  **Singapore—2.4%** (Cost: $1,007,023) |  |  |
|  CapitaLand Ascendas REIT | 457000 | 979287 |
|  **Spain**—**7.1%** |  |  |
|  Cellnex Telecom SA<sup>(1)</sup> | 37215 | 1317155 |
|  Merlin Properties Socimi SA | 113345 | 1573987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Spain** (Cost: $2,762,555) |  | 2891142 |
|  **United Kingdom—2.5%** (Cost: $1,360,254) |  |  |
|  Segro PLC | 118481 | 1011846 |
|  **United States**—**61.8%** |  |  |
|  American Tower Corp. | 5864 | 1221999 |
|  Americold Realty Trust, Inc. | 42747 | 687372 |
|  CBRE Group, Inc.<sup>(1)</sup> | 8115 | 1263830 |
|  Cousins Properties, Inc. | 41172 | 1115761 |
|  Digital Realty Trust, Inc. | 6360 | 1122158 |
|  EastGroup Properties, Inc. | 6483 | 1058285 |
|  Equinix, Inc. | 3273 | 2569861 |
|  Essential Properties Realty Trust, Inc. | 22105 | 673981 |
|  Gaming & Leisure Properties, Inc. | 31013 | 1413573 |
|  Jones Lang LaSalle, Inc.<sup>(1)</sup> | 5130 | 1386947 |
|  Lennar Corp. | 8000 | 897440 |
|  Mid-America Apartment Communities, Inc. | 5856 | 834070 |
|  NexPoint Residential Trust, Inc. | 25392 | 791723 |
|  Phillips Edison & Co., Inc. | 18244 | 616465 |
|  PotlatchDeltic Corp. | 21451 | 877131 |
|  Prologis, Inc. | 11837 | 1263955 |
|  Public Storage | 2758 | 750011 |
|  SBA Communications Corp. | 2552 | 573485 |
|  Simon Property Group, Inc. | 4150 | 679729 |
|  STAG Industrial, Inc. | 23689 | 813243 |
|  Toll Brothers, Inc. | 5311 | 628610 |
|  Travel & Leisure Co. | 30966 | 1834736 |
|  VICI Properties, Inc. | 26220 | 854772 |
|  Welltower, Inc. | 7578 | 1250900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United States** (Cost: $24,528,028) |  | 25180037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $39,301,364) |  | 40326781 |
|  **MONEY MARKET INVESTMENTS—1.3% of Net Assets** |  |  |
|  **United States**—**1.3%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(2)</sup> | 208367 | 208367 |
|  TCW Central Cash Fund, 4.34%<sup>(2)(3)</sup> | 310000 | 310000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $518,367) |  | 518367 |
|  **Total Investments (100.2%)** (Cost: $39,819,731) |  | 40845148 |
|  **Excess Of Other Assets Over Liabilities (-0.2%)** |  | (90293) |
|  **Net Assets (100.0%)** |  | $40754855 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| REIT | Real Estate Investment Trust. |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (3) | Affiliated issuer. |

---

------

**TCW Global Real Estate Fund** 

Schedule of Investments (Continued)

The summary of the TCW Global Real Estate Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**July 31, 2025** | **Value at**<br>**July 31, 2025** | **Dividends and**<br>**Interest Income**<br>**Received** | **Distributions**<br>**Received from**<br>**Net Realized**<br>**Gain** | **Net change in**<br>**Unrealized Gain**<br>**(Loss) on**<br>**Investments** |
|  TCW Central Cash Fund | $— | $6900000 | $6590000 | 310000 | $310000 | $35491 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $310000 | $35491 | $– $– $|  |

---

------

**TCW Global Real Estate Fund** 

Investments by Sector (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Specialized REITs | 25.8% |
|  Industrial REITs | 17.6 |
|  Real Estate Management & Development | 12.0 |
|  Diversified REITs | 9.0 |
|  Residential REITs | 7.6 |
|  Office REITs | 6.8 |
|  Hotels, Restaurants & Leisure | 4.5 |
|  Household Durables | 3.8 |
|  Diversified Telecommunication Services | 3.2 |
|  Retail REITs | 3.2 |
|  Health Care REITs | 3.1 |
|  Capital Markets | 2.3 |
|  Money Market Investments | 1.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.2% |

---

------

**TCW Global Real Estate Fund** 

Investments by Country (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Country** | **Percentage of**<br>**Net Assets** |
|  United States | 63.0% |
|  Australia | 11.0 |
|  Spain | 7.1 |
|  Canada | 5.9 |
|  Japan | 5.5 |
|  Belgium | 2.8 |
|  United Kingdom | 2.5 |
|  Singapore | 2.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.2% |

---

------

**TCW Global Real Estate Fund** 

Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial REITs | $3822855 | $3365453 | $— | $7188308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialized REITs | 6810216 |  |  | 6810216 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified REITs | 1247466 | 3011801 |  | 4259267 |
| &nbsp;&nbsp;&nbsp;&nbsp; Office REITs | 1115761 | 1664866 |  | 2780627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Services | 2650777 |  |  | 2650777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multi-Family Residential REITs | 2300800 |  |  | 2300800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Real Estate Activities |  | 2253177 |  | 2253177 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Resorts & Cruise Lines | 1834736 |  |  | 1834736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Homebuilding | 1526050 |  |  | 1526050 |
| &nbsp;&nbsp;&nbsp;&nbsp; Wireless Telecommunication Services |  | 1317155 |  | 1317155 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail REITs | 1296194 |  |  | 1296194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care REITs | 1250900 |  |  | 1250900 |
| &nbsp;&nbsp;&nbsp;&nbsp; Self Storage REITs |  | 1148155 |  | 1148155 |
| &nbsp;&nbsp;&nbsp;&nbsp; Data Center REITs | 1122158 |  |  | 1122158 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset Management & Custody Banks | 919407 |  |  | 919407 |
| &nbsp;&nbsp;&nbsp;&nbsp; Timber REITs | 877131 |  |  | 877131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Single-Family Residential REITs | 791723 |  |  | 791723 |
|  Total Common Stock | 27566174 | 12760607 |  | 40326781 |
|  Money Market Investments | 518367 |  |  | 518367 |
|  Total Investments | $28084541 | $12760607 | $— | $40845148 |

---

------

**TCW Relative Value Large Cap Fund** 

SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—97.4% of Net Assets** | **COMMON STOCK—97.4% of Net Assets** |  |
|  **Aerospace & Defense**—**0.7%** |  |  |
|  Textron, Inc. | 41110 | $3197125 |
|  **Air Freight & Logistics**—**0.6%** |  |  |
|  United Parcel Service, Inc.—Class B | 31111 | 2680524 |
|  **Automobiles**—**2.0%** |  |  |
|  General Motors Co. | 173267 | 9242062 |
|  **Banks**—**4.6%** |  |  |
|  JPMorgan Chase & Co. | 71246 | 21105915 |
|  **Beverages**—**2.0%** |  |  |
|  Keurig Dr. Pepper, Inc. | 136934 | 4470895 |
|  PepsiCo, Inc. | 34771 | 4795616 |
|  |  | 9266511 |
|  **Biotechnology**—**4.3%** |  |  |
|  AbbVie, Inc. | 59975 | 11336475 |
|  Amgen, Inc. | 28472 | 8402087 |
|  |  | 19738562 |
|  **Building Products**—**3.6%** |  |  |
|  Johnson Controls International PLC (Ireland) | 157929 | 16582545 |
|  **Capital Markets**—**10.4%** |  |  |
|  Bank of New York Mellon Corp. | 173091 | 17560082 |
|  Intercontinental Exchange, Inc. | 97168 | 17959561 |
|  Morgan Stanley | 85576 | 12191157 |
|  |  | 47710800 |
|  **Chemicals**—**1.8%** |  |  |
|  DuPont de Nemours, Inc. | 112633 | 8098313 |
|  **Diversified Telecommunication Services**—**1.9%** |  |  |
|  AT&T, Inc. | 312319 | 8560664 |
|  **Electrical Equipment**—**2.6%** |  |  |
|  GE Vernova, Inc. | 18499 | 12214705 |
|  **Electronic Equipment, Instruments & Components**—**2.4%** |  |  |
|  Flex Ltd.<sup>(1)</sup> | 217245 | 10834008 |
|  **Energy Equipment & Services**—**2.8%** |  |  |
|  Baker Hughes Co. | 290442 | 13084412 |
|  **Entertainment**—**2.9%** |  |  |
|  Walt Disney Co. | 113186 | 13481584 |
|  **Financial Services**—**7.2%** |  |  |
|  Apollo Global Management, Inc. | 112472 | 16344431 |
|  Equitable Holdings, Inc. | 117821 | 6050108 |
|  Fiserv, Inc.<sup>(1)</sup> | 78838 | 10953752 |
|  |  | 33348291 |
|  **Health Care Equipment & Supplies**—**3.0%** |  |  |
|  GE HealthCare Technologies, Inc.<sup>(1)</sup> | 116677 | 8321404 |
|  Medtronic PLC | 60713 | 5478741 |
|  |  | 13800145 |
|  **Health Care Providers & Services**—**3.8%** |  |  |
|  McKesson Corp. | 24932 | 17291339 |
|  **Household Durables**—**2.4%** |  |  |
|  Lennar Corp. | 100276 | 11248962 |
|  **Household Products**—**1.9%** |  |  |
|  Procter & Gamble Co. | 59518 | 8955673 |
|  **Insurance**—**2.2%** |  |  |
|  MetLife, Inc. | 133217 | 10117831 |
|  **Interactive Media & Services**—**2.6%** |  |  |
|  Alphabet, Inc.—Class C | 62623 | 12077472 |
|  **IT Services**—**4.1%** |  |  |
|  International Business Machines Corp. | 74787 | 18932329 |
|  **Machinery**—**2.0%** |  |  |
|  Xylem, Inc. | 62830 | 9086475 |
|  **Media**—**1.4%** |  |  |
|  Comcast Corp. | 200477 | 6661851 |
|  **Metals & Mining**—**0.9%** |  |  |
|  Freeport-McMoRan, Inc. | 104877 | 4220250 |
|  **Multi-Utilities**—**3.0%** |  |  |
|  NiSource, Inc. | 323922 | 13750489 |
|  **Oil, Gas & Consumable Fuels**—**2.6%** |  |  |
|  Exxon Mobil Corp. | 105955 | 11828816 |
|  **Pharmaceuticals**—**1.4%** |  |  |
|  Merck & Co., Inc. | 83911 | 6555127 |
|  **Real Estate Management & Development**—**2.4%** |  |  |
|  Jones Lang LaSalle, Inc.<sup>(1)</sup> | 41052 | 11098819 |
|  **Semiconductors & Semiconductor Equipment**—**3.9%** |  |  |
|  Intel Corp. | 685089 | 13564762 |
|  Texas Instruments, Inc. | 24629 | 4459327 |
|  |  | 18024089 |
|  **Software**—**1.9%** |  |  |
|  Salesforce, Inc. | 33677 | 8699779 |
|  **Specialized REITs**—**1.0%** |  |  |
|  Equinix, Inc. | 5934 | 4659199 |
|  **Technology Hardware, Storage & Peripherals**—**4.0%** |  |  |
|  NetApp, Inc. | 89063 | 9274130 |
|  Seagate Technology Holdings PLC | 57827 | 9079417 |
|  |  | 18353547 |
|  **Textiles, Apparel & Luxury Goods**—**3.1%** |  |  |
|  Tapestry, Inc. | 130259 | 14071880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $290,879,356) |  | 448580093 |
|  **MONEY MARKET INVESTMENTS—2.5%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(2)</sup> | 1364211 | 1364211 |
|  TCW Central Cash Fund, 4.34%<sup>(2)(3)</sup> | 10180000 | 10180000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $11,544,211)  |  | 11544211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (99.9%)** (Cost: $302,423,567) |  | 460124304 |
|  **Excess Of Other Assets Over Liabilities (0.1%)** | **Excess Of Other Assets Over Liabilities (0.1%)** | 332055 |
|  **Net Assets (100.0%)** |  | $460456359 |

---

---

| | |
|:---|:---|
|  **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| REIT | Real Estate Investment Trust. |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (3) | Affiliated issuer. |

---

------

**TCW Relative Value Large Cap Fund** 

Schedule of Investments (Continued)

The summary of the TCW Relative Value Large Cap Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,**<br>**2025** | **Value at**<br>**July 31,<br>2025** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net change in<br>Unrealized Gain**<br>**(Loss) on<br>Investments** |
|  TCW Central Cash Fund | $— | $50480000 | $40300000 | $10180000 | $10180000 | $156536 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $10180000 | $156536 | $– $– $|  |

---

------

**TCW Relative Value Large Cap Fund** 

 <br> Investments by Sector (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Capital Markets | 10.4% |
|  Financial Services | 7.2 |
|  Banks | 4.6 |
|  Biotechnology | 4.3 |
|  IT Services | 4.1 |
|  Technology Hardware, Storage & Peripherals | 4 |
|  Semiconductors & Semiconductor Equipment | 3.9 |
|  Health Care Providers & Services | 3.8 |
|  Building Products | 3.6 |
|  Textiles, Apparel & Luxury Goods | 3.1 |
|  Health Care Equipment & Supplies | 3 |
|  Multi-Utilities | 3 |
|  Entertainment | 2.9 |
|  Energy Equipment & Services | 2.8 |
|  Electrical Equipment | 2.6 |
|  Interactive Media & Services | 2.6 |
|  Oil, Gas & Consumable Fuels | 2.6 |
|  Electronic Equipment, Instruments & Components | 2.4 |
|  Household Durables | 2.4 |
|  Real Estate Management & Development | 2.4 |
|  Insurance | 2.2 |
|  Automobiles | 2 |
|  Beverages | 2 |
|  Machinery | 2 |
|  Diversified Telecommunication Services | 1.9 |
|  Household Products | 1.9 |
|  Software | 1.9 |
|  Chemicals | 1.8 |
|  Media | 1.4 |
|  Pharmaceuticals | 1.4 |
|  Specialized REITs | 1 |
|  Metals & Mining | 0.9 |
|  Aerospace & Defense | 0.7 |
|  Air Freight & Logistics | 0.6 |
|  Money Market Investments | 2.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.9% |

---

------

**TCW Relative Value Large Cap Fund** 

 <br> Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | $47710800 | $— | $— | $47710800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Services | 33348291 |  |  | 33348291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Banks | 21105915 |  |  | 21105915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Biotechnology | 19738562 |  |  | 19738562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IT Services | 18932329 |  |  | 18932329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals | 18353547 |  |  | 18353547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 18024089 |  |  | 18024089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 17291339 |  |  | 17291339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Building Products | 16582545 |  |  | 16582545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | 14071880 |  |  | 14071880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 13800145 |  |  | 13800145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Multi-Utilities | 13750489 |  |  | 13750489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entertainment | 13481584 |  |  | 13481584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | 13084412 |  |  | 13084412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment | 12214705 |  |  | 12214705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interactive Media & Services | 12077472 |  |  | 12077472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 11828816 |  |  | 11828816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Household Durables | 11248962 |  |  | 11248962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | 11098819 |  |  | 11098819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components | 10834008 |  |  | 10834008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance | 10117831 |  |  | 10117831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beverages | 9266511 |  |  | 9266511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Automobiles | 9242062 |  |  | 9242062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Machinery | 9086475 |  |  | 9086475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Household Products | 8955673 |  |  | 8955673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software | 8699779 |  |  | 8699779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diversified Telecommunication Services | 8560664 |  |  | 8560664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 8098313 |  |  | 8098313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Media | 6661851 |  |  | 6661851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 6555127 |  |  | 6555127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Specialized REITs | 4659199 |  |  | 4659199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 4220250 |  |  | 4220250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | 3197125 |  |  | 3197125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics | 2680524 |  |  | 2680524 |
|  Total Common Stock | 448580093 |  |  | 448580093 |
|  Money Market Investments | 11544211 |  |  | 11544211 |
|  Total Investments | $460124304 | $— | $— | $460124304 |

---

------

**TCW Relative Value Mid Cap Fund** 

SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK**—**96.8% of Net Assets** |  |  |
|  **Aerospace & Defense**—**0.9%** | **Aerospace & Defense**—**0.9%** | **Aerospace & Defense**—**0.9%** |
|  Textron, Inc. | 11345 | $882301 |
|  **Air Freight & Logistics**—**2.8%** | **Air Freight & Logistics**—**2.8%** | **Air Freight & Logistics**—**2.8%** |
|  CH Robinson Worldwide, Inc. | 16384 | 1889403 |
|  FedEx Corp. | 3677 | 821773 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2711176 |
|  **Banks**—**5.5%** | **Banks**—**5.5%** | **Banks**—**5.5%** |
|  First Citizens BancShares, Inc. | 490 | 977433 |
|  Popular, Inc. | 37552 | 4302708 |
|  |  | 5280141 |
|  **Beverages**—**1.0%** | **Beverages**—**1.0%** | **Beverages**—**1.0%** |
|  Keurig Dr. Pepper, Inc. | 28168 | 919685 |
|  **Broadline Retail**—**3.7%** | **Broadline Retail**—**3.7%** | **Broadline Retail**—**3.7%** |
|  eBay, Inc. | 39125 | 3589719 |
|  **Capital Markets**—**4.4%** | **Capital Markets**—**4.4%** | **Capital Markets**—**4.4%** |
|  ARES Management Corp. | 14563 | 2701873 |
|  Interactive Brokers Group, Inc. | 22962 | 1505389 |
|  |  | 4207262 |
|  **Chemicals**—**3.8%** | **Chemicals**—**3.8%** | **Chemicals**—**3.8%** |
|  Corteva, Inc. | 25691 | 1853092 |
|  DuPont de Nemours, Inc. | 25445 | 1829495 |
|  |  | 3682587 |
|  **Construction & Engineering**—**2.4%** | **Construction & Engineering**—**2.4%** | **Construction & Engineering**—**2.4%** |
|  Arcosa, Inc. | 26931 | 2312834 |
|  **Construction Materials**—**0.7%** | **Construction Materials**—**0.7%** | **Construction Materials**—**0.7%** |
|  CRH PLC | 7466 | 712630 |
|  **Consumer Finance**—**1.8%** | **Consumer Finance**—**1.8%** | **Consumer Finance**—**1.8%** |
|  OneMain Holdings, Inc. | 30340 | 1753349 |
|  **Consumer Staples Distribution & Retail**—**3.5%** | **Consumer Staples Distribution & Retail**—**3.5%** | **Consumer Staples Distribution & Retail**—**3.5%** |
|  Dollar Tree, Inc.<sup>(1)</sup> | 8985 | 1020246 |
|  Sprouts Farmers Market, Inc.<sup>(1)</sup> | 15870 | 2404940 |
|  |  | 3425186 |
|  **Electronic Equipment, Instruments & Components**—**5.2%** | **Electronic Equipment, Instruments & Components**—**5.2%** | **Electronic Equipment, Instruments & Components**—**5.2%** |
|  Avnet, Inc. | 43249 | 2289602 |
|  Flex Ltd.<sup>(1)</sup> | 55648 | 2775166 |
|  |  | 5064768 |
|  **Energy Equipment & Services**—**3.6%** | **Energy Equipment & Services**—**3.6%** | **Energy Equipment & Services**—**3.6%** |
|  Baker Hughes Co. | 48065 | 2165328 |
|  TechnipFMC PLC | 35105 | 1276769 |
|  |  | 3442097 |
|  **Entertainment**—**1.0%** | **Entertainment**—**1.0%** | **Entertainment**—**1.0%** |
|  Electronic Arts, Inc. | 6375 | 972124 |
|  **Financial Services**—**6.9%** | **Financial Services**—**6.9%** | **Financial Services**—**6.9%** |
|  Corpay, Inc.<sup>(1)</sup> | 8966 | 2896466 |
|  Equitable Holdings, Inc. | 72809 | 3738742 |
|  |  | 6635208 |
|  **Health Care Providers & Services**—**3.0%** | **Health Care Providers & Services**—**3.0%** | **Health Care Providers & Services**—**3.0%** |
|  Henry Schein, Inc.<sup>(1)</sup> | 18597 | 1258087 |
|  Quest Diagnostics, Inc. | 9729 | 1628732 |
|  |  | 2886819 |
|  **Health Care REITs**—**2.2%** | **Health Care REITs**—**2.2%** | **Health Care REITs**—**2.2%** |
|  Welltower, Inc. | 13083 | 2159611 |
|  **Hotels, Restaurants & Leisure**—**3.0%** | **Hotels, Restaurants & Leisure**—**3.0%** | **Hotels, Restaurants & Leisure**—**3.0%** |
|  Darden Restaurants, Inc. | 4360 | 879281 |
|  Travel & Leisure Co. | 34013 | 2015270 |
|  |  | 2894551 |
|  **Household Durables**—**4.0%** | **Household Durables**—**4.0%** | **Household Durables**—**4.0%** |
|  Lennar Corp. | 9932 | 1114172 |
|  Toll Brothers, Inc. | 23101 | 2734234 |
|  |  | 3848406 |
|  **Insurance**—**4.9%** | **Insurance**—**4.9%** | **Insurance**—**4.9%** |
|  Arch Capital Group Ltd. | 19606 | 1687292 |
|  Assured Guaranty Ltd. | 15413 | 1303632 |
|  RenaissanceRe Holdings Ltd. | 7316 | 1783202 |
|  |  | 4774126 |
|  **Machinery**—**3.5%** | **Machinery**—**3.5%** | **Machinery**—**3.5%** |
|  AGCO Corp. | 4648 | 548325 |
|  Manitowoc Co., Inc.<sup>(1)</sup> | 43834 | 558883 |
|  Westinghouse Air Brake Technologies Corp. | 11989 | 2302487 |
|  |  | 3409695 |
|  **Marine Transportation**—**1.5%** | **Marine Transportation**—**1.5%** | **Marine Transportation**—**1.5%** |
|  Kirby Corp.<sup>(1)</sup> | 15480 | 1475399 |
|  **Media**—**1.6%** | **Media**—**1.6%** | **Media**—**1.6%** |
|  Interpublic Group of Cos., Inc. | 29944 | 736622 |
|  Omnicom Group, Inc. | 11430 | 823532 |
|  |  | 1560154 |
|  **Metals & Mining**—**0.6%** | **Metals & Mining**—**0.6%** | **Metals & Mining**—**0.6%** |
|  Freeport-McMoRan, Inc. | 13960 | 561750 |
|  **Multi-Utilities**—**5.4%** | **Multi-Utilities**—**5.4%** | **Multi-Utilities**—**5.4%** |
|  NiSource, Inc. | 63281 | 2686279 |
|  Sempra | 31334 | 2559361 |
|  |  | 5245640 |
|  **Oil, Gas & Consumable Fuels**—**3.6%** | **Oil, Gas & Consumable Fuels**—**3.6%** | **Oil, Gas & Consumable Fuels**—**3.6%** |
|  ConocoPhillips | 4969 | 473745 |
|  Expand Energy Corp. | 8172 | 856262 |
|  Marathon Petroleum Corp. | 5586 | 950681 |
|  Range Resources Corp. | 31986 | 1174526 |
|  |  | 3455214 |
|  **Pharmaceuticals**—**1.1%** | **Pharmaceuticals**—**1.1%** | **Pharmaceuticals**—**1.1%** |
|  Teva Pharmaceutical Industries, Ltd. (SP ADR) (Israel)<sup>(1)</sup> | 68329 | 1055683 |
|  **Professional Services**—**1.5%** | **Professional Services**—**1.5%** | **Professional Services**—**1.5%** |
|  Jacobs Solutions, Inc. | 9992 | 1417565 |
|  **Real Estate Management & Development**—**3.7%** | **Real Estate Management & Development**—**3.7%** | **Real Estate Management & Development**—**3.7%** |
|  Jones Lang LaSalle, Inc.<sup>(1)</sup> | 13350 | 3609306 |
|  **Retail REITs**—**1.5%** | **Retail REITs**—**1.5%** | **Retail REITs**—**1.5%** |
|  Curbline Properties Corp. | 63897 | 1412124 |
|  **Semiconductors & Semiconductor Equipment**—**1.4%** | **Semiconductors & Semiconductor Equipment**—**1.4%** | **Semiconductors & Semiconductor Equipment**—**1.4%** |
|  Analog Devices, Inc. | 5971 | 1341266 |
|  **Specialty Retail**—**2.2%** | **Specialty Retail**—**2.2%** | **Specialty Retail**—**2.2%** |
|  Academy Sports & Outdoors, Inc. | 17908 | 909547 |
|  Advance Auto Parts, Inc. | 17143 | 909779 |
|  Williams-Sonoma, Inc. | 1741 | 325654 |
|  |  | 2144980 |

---

------

**TCW Relative Value Mid Cap Fund** 

SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **Technology Hardware, Storage & Peripherals—1.7%** |  |  |
|  Seagate Technology Holdings PLC | 10223 | $1605113 |
|  **Textiles, Apparel & Luxury Goods—3.2%** | **Textiles, Apparel & Luxury Goods—3.2%** | **Textiles, Apparel & Luxury Goods—3.2%** |
|  Tapestry, Inc. | 28516 | 3080583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $59,950,561)  |  | 93529052 |
|  **Money Market Investments—3.3%** | **Money Market Investments—3.3%** | **Money Market Investments—3.3%** |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(2)</sup> | 398359 | 398359 |
|  TCW Central Cash Fund, 4.34%<sup>(2)(3)</sup> | 2860000 | 2860000 |
|  |  | 3258359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $3,258,359)  |  | 3258359 |
|  **Total Investments (100.1%)** (Cost: $63,208,920) | **Total Investments (100.1%)** (Cost: $63,208,920) | 96787411 |
|  **Excess Of Other Assets Over Liabilities (-0.1%)** | **Excess Of Other Assets Over Liabilities (-0.1%)** | (138680) |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | $96648731 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| REIT | Real Estate Investment Trust. |
| SP ADR | Sponsored American Depositary Receipt. ADRs are receipts, typically issued by a U.S. bank or trust company, evidencing ownership of underlying securities issued by a foreign corporation. Sponsored ADRs are ADRs issued with the cooperation of the foreign corporation. |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (3) | Affiliated issuer. |

---

------

**TCW Relative Value Mid Cap Fund** 

Schedule of Investments (Continued)

The summary of the TCW Relative Value Mid Cap Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,**<br>**2025** | **Value at**<br>**July 31,**<br>**2025** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net change in<br>Unrealized Gain**<br>**(Loss) on<br>Investments** |
|  TCW Central Cash Fund | $— | $11760000 | $8900000 | 2860000 | $2860000 | $52217 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $2860000 | $52217 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW Relative Value Mid Cap Fund** |  |
| Investments by Sector (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Financial Services | 6.9% |
|  Banks | 5.5 |
|  Multi-Utilities | 5.4 |
|  Electronic Equipment, Instruments & Components | 5.2 |
|  Insurance | 4.9 |
|  Capital Markets | 4.4 |
|  Household Durables | 4 |
|  Chemicals | 3.8 |
|  Broadline Retail | 3.7 |
|  Real Estate Management & Development | 3.7 |
|  Energy Equipment & Services | 3.6 |
|  Oil, Gas & Consumable Fuels | 3.6 |
|  Consumer Staples Distribution & Retail | 3.5 |
|  Machinery | 3.5 |
|  Textiles, Apparel & Luxury Goods | 3.2 |
|  Health Care Providers & Services | 3 |
|  Hotels, Restaurants & Leisure | 3 |
|  Air Freight & Logistics | 2.8 |
|  Construction & Engineering | 2.4 |
|  Health Care REITs | 2.2 |
|  Specialty Retail | 2.2 |
|  Consumer Finance | 1.8 |
|  Technology Hardware, Storage & Peripherals | 1.7 |
|  Media | 1.6 |
|  Marine Transportation | 1.5 |
|  Professional Services | 1.5 |
|  Retail REITs | 1.5 |
|  Semiconductors & Semiconductor Equipment | 1.4 |
|  Pharmaceuticals | 1.1 |
|  Beverages | 1 |
|  Entertainment | 1 |
|  Aerospace & Defense | 0.9 |
|  Construction Materials | 0.7 |
|  Metals & Mining | 0.6 |
|  Money Market Investments | 3.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.1% |

---

------

---

| | |
|:---|:---|
| **TCW Relative Value Mid Cap Fund** |  |
| Fair Valuation Summary (Unaudited) | July 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Financial Services | $6635208 | $— | $— | $6635208 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banks | 5280141 |  |  | 5280141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multi-Utilities | 5245640 |  |  | 5245640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components | 5064768 |  |  | 5064768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 4774126 |  |  | 4774126 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 4207262 |  |  | 4207262 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Durables | 3848406 |  |  | 3848406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 3682587 |  |  | 3682587 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | 3609306 |  |  | 3609306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Broadline Retail | 3589719 |  |  | 3589719 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 3455214 |  |  | 3455214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | 3442097 |  |  | 3442097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples Distribution & Retail | 3425186 |  |  | 3425186 |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery | 3409695 |  |  | 3409695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | 3080583 |  |  | 3080583 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | 2894551 |  |  | 2894551 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 2886819 |  |  | 2886819 |
| &nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics | 2711176 |  |  | 2711176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction & Engineering | 2312834 |  |  | 2312834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care REITs | 2159611 |  |  | 2159611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 2144980 |  |  | 2144980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Finance | 1753349 |  |  | 1753349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals | 1605113 |  |  | 1605113 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media | 1560154 |  |  | 1560154 |
| &nbsp;&nbsp;&nbsp;&nbsp; Marine Transportation | 1475399 |  |  | 1475399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Services | 1417565 |  |  | 1417565 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail REITs | 1412124 |  |  | 1412124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 1341266 |  |  | 1341266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 1055683 |  |  | 1055683 |
| &nbsp;&nbsp;&nbsp;&nbsp; Entertainment | 972124 |  |  | 972124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beverages | 919685 |  |  | 919685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | 882301 |  |  | 882301 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction Materials | 712630 |  |  | 712630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 561750 |  |  | 561750 |
|  Total Common Stock | 93529052 |  |  | 93529052 |
|  Money Market Investments | 3258359 |  |  | 3258359 |
|  Total Investments | $96787411 | $— | $— | $96787411 |

---

------

**Note 1 — Security Valuations** 

Securities listed or traded on the NYSE and other stock exchanges were valued at the latest sale price on the exchange. Securities traded on the NASDAQ stock market ("NASDAQ") were valued during the period using official closing prices as reported by NASDAQ, which may not have been the last sale price. Options on equity securities and options on indexes were valued using mid prices (average of bid and ask prices) as reported by the exchange or pricing service. Investments in open-end mutual funds including money market funds were valued based on the NAV per share as reported by the investment companies. All other securities for which over-the-counter ("OTC") market quotations were readily available, including short-term securities, swap agreements and forward currency exchange contracts, were valued with prices furnished by independent pricing services or by broker-dealers.

Pursuant to Rule 2a-5 under the 1940 Act, the Company's Board of Directors (the "Board", and each member thereof, a "Director") has designated the Advisor as the "valuation designee" with respect to the fair valuation of the Fund's portfolio securities, subject to oversight by and periodic reporting to the Board. Fair valued securities are those for which market quotations were not readily available, including in circumstances under which it was determined by the Advisor that prices received were not reflective of their market values.

The Advisor, as the valuation designee, uses a fair valuation methodology for foreign equity securities (exclusive of certain Latin American and Canadian equity securities). This methodology is designed to address the effect of movements in the U.S. market on the securities traded on foreign exchanges that have been closed for a period of time due to time zone differences. The utilization of the fair value model may result in the adjustment of prices taking into account fluctuations in the U.S. market. The fair value model was utilized each trading day and was not dependent on certain thresholds or triggers.

Fair value is defined as the price that a Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market for the investment. In accordance with the authoritative guidance on fair value measurements and disclosures under GAAP, the Funds disclose investments in their financial statements in a three-tier hierarchy. This hierarchy is utilized to establish classification of fair value measurements based on inputs. Inputs that go into fair value measurement refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability, developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the inputs market participants would use in pricing the asset or liability, developed based on the best information available in the circumstances.

The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

Level 1 — quoted prices in active markets for identical investments.

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3 — significant unobservable inputs (including the Funds' own assumptions in determining the fair value of investments).

Changes in valuation techniques may result in transfers in or out of an investment's assigned Level within the hierarchy. The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments and the determination of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to each security.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized as Level 3.

------

In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition, as well as changes related to liquidity of investments, could cause a security to be reclassified between Level 1, Level 2, or Level 3.

In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement.

**Fair Value Measurements:** Descriptions of the valuation techniques applied to the Funds' major categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Equity securities*. Securities are generally valued based on quoted prices from the applicable exchange. To the extent these securities are actively traded and valuation adjustments are not applied, they are generally categorized as Level 1 of the fair value hierarchy. Restricted securities issued by publicly held companies are generally categorized as Level 2 of the fair value hierarchy; if a discount is applied and significant, they are categorized as Level 3. Restricted securities held in non-public entities are categorized as Level 3 of the fair value hierarchy because they trade infrequently, and therefore the inputs are unobservable. Certain foreign securities that are fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets are categorized as Level 2 of the fair value hierarchy.

*Mutual funds.* Open-end mutual funds including money market funds are valued using the NAV as reported by the fund companies. As such, they are categorized as Level 1.

*Options contracts.* Options contracts traded on securities exchanges are fair valued using market mid prices; as such, they are categorized as Level 1. Option contracts traded OTC are fair valued based on pricing models and incorporate various inputs such as interest rates, credit spreads, currency exchange rates and volatility measurements for in-the-money, at-the-money, and out-of-the-money contracts on a given strike price. To the extent that these inputs are observable and timely, the fair value of OTC option contracts would be categorized as Level 2; otherwise, the fair values would be categorized as Level 3.

*Restricted securities.* Restricted securities, including illiquid Rule 144A securities, issued by non-public entities are categorized as Level 3 of the fair value hierarchy because they trade infrequently, and therefore the inputs are unobservable. Any other restricted securities valued similar to publicly traded securities may be categorized as Level 2 or 3 of the fair value hierarchy depending on whether a discount is applied and significant to the fair value.

*Warrants*. Warrants are generally valued based on quoted prices from the applicable exchange. To the extent these securities are actively traded, and valuation adjustments are not applied, they are generally categorized as Level 1 of the fair value hierarchy.

The summary of the inputs used as of July 31, 2025 in valuing the Funds' investments is listed after the Schedule of Investments for each Fund.

**Note 2 — Portfolio Investments** 

**When-Issued, Delayed-Delivery and Forward Commitment Transactions:** The Funds, with the exception of the TCW Conservative Allocation Fund, may enter into when-issued, delayed-delivery, or forward commitment transactions in order to lock in the purchase price of the underlying security or to adjust the interest rate exposure of each Fund's existing portfolio. In when-issued, delayed-delivery, or forward commitment transactions, a Fund commits to purchase or sell particular securities, with payment and delivery to take place at a future date. Although the Fund does not pay for the securities or start earning interest on them until they are delivered, it immediately assumes the risks of ownership, including the risk of price fluctuation. If a Fund's counterparty fails to deliver a security purchased on a when-issued, delayed-delivery or forward commitment basis, there may be a loss, and the Fund may have missed an opportunity to make an alternative investment.

------

Prior to settlement of these transactions, the value of the subject securities will fluctuate with market conditions. In addition, because the Fund is not required to pay for when-issued, delayed-delivery or forward commitment securities until the delivery date, they may result in a form of leverage to the extent the Fund does not set aside liquid assets to cover the commitment. To guard against this deemed leverage, the Fund monitors the obligations under these transactions on a daily basis and ensures that the Fund has sufficient liquid assets to cover them. There were no when-issued, delayed-delivery or forward commitment transactions in the Funds during the period ended July 31, 2025.

**Repurchase Agreements:** The Funds may enter into repurchase agreements under the terms of a Master Repurchase Agreement ("MRA"). In a repurchase agreement, the Funds purchase a security from a counterparty who agrees to repurchase the same security at a mutually agreed upon date and price. The MRA permits each Fund, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from each Fund. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of the MRA counterparty's bankruptcy or insolvency. Pursuant to the terms of the MRA, each Fund receives securities as collateral with a market value in excess of the repurchase price. Upon a bankruptcy or insolvency of the MRA counterparty, the Fund recognizes a liability with respect to such excess collateral to reflect the Fund's obligation under bankruptcy law to return the excess to the counterparty. There were no repurchase agreements outstanding as of July 31, 2025.

**Securities Lending:** The Funds may lend their securities to qualified brokers. The loans must be collateralized at all times primarily with cash although the Funds can accept money market instruments or U.S. Government securities with a market value at least equal to the market value of the securities on loan. As with any extensions of credit, the Funds may bear the risk of delay in recovery or even loss of rights in the collateral if the borrowers of the securities fail financially. The Funds earn additional income for lending their securities by investing the cash collateral in short-term investments. The Funds did not lend any securities during the period ended July 31, 2025.

**Derivatives:** 

**Options:** The Funds may purchase and sell put and call options on a security or an index of securities to enhance investment performance and/or to protect against changes in market prices. The Funds may also enter into currency options to hedge against or to take advantage of currency fluctuations.

A call option gives the holder the right to purchase, and obligates the writer to sell, a security at the strike price at any time before the expiration date. A put option gives the holder the right to sell, and obligates the writer to buy, a security at the exercise price at any time before the expiration date. A Fund may purchase put options to protect portfolio holdings against a decline in market value of a security or securities held by it. A Fund may also purchase a put option hoping to profit from an anticipated decline in the value of the underlying security. If a Fund holds the security underlying the option, the option premium and any transaction costs will reduce any profit the Fund might have realized had it sold the underlying security instead of buying the put option. A Fund may purchase call options to hedge against an increase in the price of securities that the Fund ultimately wants to buy. A Fund may also purchase a call option as a long directional investment hoping to profit from an anticipated increase in the value of the underlying security. In order for a call option to be profitable, the market price of the underlying security must rise sufficiently above the exercise price to cover the premium and transaction costs. These costs will reduce any profit a Fund might have realized had it bought the underlying security at the time it purchased the call option.

Purchasing foreign currency options gives a Fund the right, but not the obligation, to buy or sell specified amounts of currency at a rate of exchange that may be exercised by a certain date. These currency options may be used as a short or long hedge against possible variations in foreign exchange rates or to gain exposure to foreign currencies.

When a Fund purchases an option, it runs the risk that it will lose its entire investment in the option in a relatively short period of time, unless the Fund exercises the option or enters into a closing sale transaction before the option's expiration. If the price of the underlying security does not rise (in the case of a call) or fall (in the case of a put) to an extent sufficient to cover the option premium and transaction costs, the Fund will lose part or all of its investment in the option. Premiums paid for purchasing options that expire are treated as realized losses.

------

Options purchased or sold by a Fund may be traded on a securities or options exchange. Such options typically have minimal exposure to counterparty risk. However, an exchange or market may at times find it necessary to impose restrictions on particular types of options transactions, such as opening transactions. If an underlying security ceases to meet qualifications imposed by an exchange or the Options Clearing Corporation, new series of options on that security will no longer be opened to replace the expiring series, and opening transactions in existing series may be prohibited.

OTC options are options not traded on exchanges or backed by clearinghouses. Rather, they are entered into directly between a Fund and the counterparty to the option. In the case of an OTC option purchased by a Fund, the value of the option to the Fund will depend on the willingness and ability of the option writer to perform its obligations to the Fund. In addition, OTC options may not be transferable and there may be little or no secondary market for them, so they may be considered illiquid. It may not be possible to enter into closing transactions with respect to OTC options or otherwise to terminate such options, and as a result a Fund may be required to remain obligated on an unfavorable OTC option until its expiration.

During the period ended July 31, 2025, the Funds did not enter into option contracts.

**Note 3 — Transactions with Affiliates** 

The summary of each Fund's transactions in affiliated funds for the period ended July 31, 2025 is listed after the Schedule of Investments.

**Note 4 — Restricted Securities** 

The Funds are permitted to invest in securities that have legal or contractual restrictions on resale. These securities may be sold privately, but are required to be registered before being sold to the public (exemption rules apply). Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). However, the Company considers 144A securities to be restricted if those securities have been deemed illiquid. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. There were no restricted securities held by the Funds at July 31, 2025.

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—99.7%** | **FIXED INCOME SECURITIES—99.7%** | **FIXED INCOME SECURITIES—99.7%** | **FIXED INCOME SECURITIES—99.7%** |
|  **ASSET-BACKED SECURITIES—7.2%** | **ASSET-BACKED SECURITIES—7.2%** | **ASSET-BACKED SECURITIES—7.2%** | **ASSET-BACKED SECURITIES—7.2%** |
|  AGL CLO 7 Ltd. Series 2020-7A, Class BR<br>6.28% (3 mo. USD Term SOFR + 1.962%)<sup>(1),(2)</sup> | 07/15/34 | $1500000 | $1502028 |
|  Aligned Data Centers Issuer LLC Series 2021-1A, Class A2<br>1.94%<sup>(1)</sup> | 08/15/46 | 1372000 | 1326942 |
|  ARES LXII CLO Ltd. Series 2021-62A, Class B<br>6.23% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 01/25/34 | 1500000 | 1503717 |
|  Barings CLO Ltd. Series 2018-4A, Class A1R<br>5.47% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/15/30 | 1799936 | 1801729 |
|  Clover CLO LLC Series 2018-1A, Class A1RR<br>5.86% (3 mo. USD Term SOFR + 1.530%)<sup>(1),(2)</sup> | 04/20/37 | 4190000 | 4208930 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class A2<br>6.00%<sup>(1)</sup> | 05/20/55 | 500000 | 510751 |
|  Dryden 40 Senior Loan Fund Series 2015-40A, Class AR2<br>5.48% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 08/15/31 | 1519436 | 1519468 |
|  Dryden XXVI Senior Loan Fund Series 2013-26A, Class AR<br>5.48% (3 mo. USD Term SOFR + 1.162%)<sup>(1),(2)</sup> | 04/15/29 | 507908 | 508992 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08%<sup>(1)</sup> | 01/17/73 | 853235 | 799608 |
|  JGWPT XXXII LLC Series 2014-2A, Class A<br>3.61%<sup>(1)</sup> | 01/17/73 | 999133 | 897778 |
|  LCM 37 Ltd. Series 37A, Class A1R<br>5.38% (3 mo. USD Term SOFR + 1.060%)<sup>(1),(2)</sup> | 04/15/34 | 2383589 | 2383556 |
|  LCM Loan Income Fund I Ltd. Series 1A, Class B<br>6.04% (3 mo. USD Term SOFR + 1.712%)<sup>(1),(2)</sup> | 04/20/31 | 50000 | 50066 |
|  Madison Park Funding XLVIII Ltd. Series 2021-48A, Class A<br>5.74% (3 mo. USD Term SOFR + 1.412%)<sup>(1),(2)</sup> | 04/19/33 | 3888607 | 3904165 |
|  Navient Private Education Refi Loan Trust Series 2021-GA, Class A<br>1.58%<sup>(1)</sup> | 04/15/70 | 2077107 | 1862471 |
|  Palmer Square CLO Ltd. Series 2019-1A, Class A1R<br>5.72% (3 mo. USD Term SOFR + 1.412%)<sup>(1),(2)</sup> | 11/14/34 | 1700000 | 1701375 |
|  Skyline Aviation, Inc. Class A<br>3.23%<sup>(3)</sup> | 07/03/38 | 3716168 | 3442844 |
|  SLM Student Loan Trust Series 2003-7A, Class A5A<br>5.80% (90 day USD SOFR Average + 1.462%)<sup>(1),(2)</sup> | 12/15/33 | 1051768 | 1032925 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.80% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 01/25/83 | 710000 | 719190 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.80% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 04/26/83 | 710000 | 714782 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.25% (90 day USD SOFR Average + 1.912%)<sup>(2)</sup> | 07/25/22 | 1230100 | 1233151 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.45% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 04/25/73 | 710000 | 725785 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.45% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/25/73 | 710000 | 716848 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.45% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 710000 | 713680 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.45% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 710000 | 712781 |
|  Vantage Data Centers Issuer LLC Series 2020-1A, Class A2<br>1.65%<sup>(1)</sup> | 09/15/45 | 810000 | 806258 |
|  Voya CLO Ltd. Series 2016-3A, Class A1R2<br>5.48% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/18/31 | 1368699 | 1370752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $36,910,595) |  |  | 36670572 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**36.7%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**36.7%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**36.7%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**36.7%** |
|  Federal Home Loan Mortgage Corp., Pool #SD8178<br>2.50% | 11/01/51 | 4652265 | 3833028 |
|  Federal Home Loan Mortgage Corp., Pool #G08710<br>3.00% | 06/01/46 | 985730 | 870198 |
|  Federal Home Loan Mortgage Corp., Pool #G08715<br>3.00% | 08/01/46 | 1911972 | 1687880 |
|  Federal Home Loan Mortgage Corp., Pool #G08721<br>3.00% | 09/01/46 | 1532950 | 1353281 |
|  Federal Home Loan Mortgage Corp., Pool #ZM1779<br>3.00% | 09/01/46 | 922467 | 813292 |
|  Federal Home Loan Mortgage Corp., Pool #G08726<br>3.00% | 10/01/46 | 1478839 | 1305512 |
|  Federal Home Loan Mortgage Corp., Pool #G08732<br>3.00% | 11/01/46 | 1488559 | 1314093 |
|  Federal Home Loan Mortgage Corp., Pool #SD0231<br>3.00% | 01/01/50 | 3456120 | 3022506 |
|  Federal Home Loan Mortgage Corp., Pool #Q05261<br>3.50% | 12/01/41 | 704374 | 658155 |
|  Federal Home Loan Mortgage Corp., Pool #Q20178<br>3.50% | 07/01/43 | 1496554 | 1395233 |
|  Federal Home Loan Mortgage Corp., Pool #G60038<br>3.50% | 01/01/44 | 755990 | 704538 |
|  Federal Home Loan Mortgage Corp., Pool #G07849<br>3.50% | 05/01/44 | 525898 | 489392 |
|  Federal Home Loan Mortgage Corp., Pool #G08711<br>3.50% | 06/01/46 | 1589372 | 1455359 |
|  Federal Home Loan Mortgage Corp., Pool #G08716<br>3.50% | 08/01/46 | 1072273 | 981861 |
|  Federal Home Loan Mortgage Corp., Pool #G08722<br>3.50% | 09/01/46 | 427127 | 391113 |
|  Federal Home Loan Mortgage Corp., Pool #G67706<br>3.50% | 12/01/47 | 444707 | 407742 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #G08792<br>3.50% | 12/01/47 | $1170287 | $1067379 |
|  Federal Home Loan Mortgage Corp., Pool #G67707<br>3.50% | 01/01/48 | 4924122 | 4526720 |
|  Federal Home Loan Mortgage Corp., Pool #G08816<br>3.50% | 06/01/48 | 217320 | 197945 |
|  Federal Home Loan Mortgage Corp., Pool #G06499<br>4.00% | 03/01/41 | 394942 | 381013 |
|  Federal Home Loan Mortgage Corp., Pool #G06360<br>4.00% | 03/01/41 | 872969 | 842217 |
|  Federal Home Loan Mortgage Corp., Pool #G06498<br>4.00% | 04/01/41 | 612044 | 590475 |
|  Federal Home Loan Mortgage Corp., Pool #G60344<br>4.00% | 12/01/45 | 380721 | 361151 |
|  Federal Home Loan Mortgage Corp., Pool #G67718<br>4.00% | 01/01/49 | 1122676 | 1057913 |
|  Federal Home Loan Mortgage Corp., Pool #ZT1703<br>4.00% | 01/01/49 | 764375 | 719276 |
|  Federal Home Loan Mortgage Corp., Pool #A97179<br>4.50% | 03/01/41 | 781196 | 770981 |
|  Federal Home Loan Mortgage Corp., Pool #G08843<br>4.50% | 10/01/48 | 765189 | 740735 |
|  Federal Home Loan Mortgage Corp., Pool #SD8238<br>4.50% | 08/01/52 | 1498128 | 1428608 |
|  Federal Home Loan Mortgage Corp., Pool #G08826<br>5.00% | 06/01/48 | 195851 | 194557 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2439, Class KZ<br>6.50% | 04/15/32 | 36577 | 37806 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2575, Class FD (PAC)<br>4.90% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 02/15/33 | 108033 | 107844 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2662, Class MT (TAC)<br>4.50% | 08/15/33 | 31793 | 31742 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3315, Class S (I/O) (I/F)<br>1.96% (-30 day USD SOFR Average + 6.296%)<sup>(2)</sup> | 05/15/37 | 2923 | 160 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3339, Class JS (I/F)<br>13.88% (-30 day USD SOFR Average + 42.091%)<sup>(2)</sup> | 07/15/37 | 126091 | 172106 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3351, Class ZC<br>5.50% | 07/15/37 | 110268 | 112267 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3380, Class SM (I/O) (I/F)<br>1.96% (-30 day USD SOFR Average + 6.296%)<sup>(2)</sup> | 10/15/37 | 168574 | 16147 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3382, Class FL<br>5.15% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 11/15/37 | 38869 | 38927 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3439, Class SC (I/O) (I/F)<br>1.45% (-30 day USD SOFR Average + 5.786%)<sup>(2)</sup> | 04/15/38 | 743324 | 44226 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3578, Class DI (I/O) (I/F)<br>2.20% (-30 day USD SOFR Average + 6.536%)<sup>(2)</sup> | 04/15/36 | 233415 | 19989 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4818, Class CA<br>3.00% | 04/15/48 | 365623 | 320921 |
|  Federal National Mortgage Association, Pool #MA4093<br>2.00% | 08/01/40 | 3442872 | 2944034 |
|  Federal National Mortgage Association, Pool #MA4387<br>2.00% | 07/01/41 | 493950 | 420198 |
|  Federal National Mortgage Association, Pool #MA4281<br>2.00% | 03/01/51 | 6485641 | 5117005 |
|  Federal National Mortgage Association, Pool #CB0290<br>2.00% | 04/01/51 | 6408722 | 5058791 |
|  Federal National Mortgage Association, Pool #BQ6913<br>2.00% | 12/01/51 | 6378771 | 5013893 |
|  Federal National Mortgage Association, Pool #CB3289<br>2.00% | 04/01/52 | 8538501 | 6749985 |
|  Federal National Mortgage Association, Pool #CB0610<br>2.50% | 05/01/51 | 5978856 | 4972492 |
|  Federal National Mortgage Association, Pool #CB2313<br>2.50% | 12/01/51 | 6546710 | 5431580 |
|  Federal National Mortgage Association, Pool #MA4512<br>2.50% | 01/01/52 | 4593566 | 3781819 |
|  Federal National Mortgage Association, Pool #MA1561<br>3.00% | 09/01/33 | 814073 | 776372 |
|  Federal National Mortgage Association, Pool #BN7755<br>3.00% | 09/01/49 | 2208630 | 1931529 |
|  Federal National Mortgage Association, Pool #FM2870<br>3.00% | 03/01/50 | 1491909 | 1304730 |
|  Federal National Mortgage Association, Pool #BV8464<br>3.00% | 04/01/52 | 3105298 | 2664013 |
|  Federal National Mortgage Association, Pool #AN0245<br>3.42% | 11/01/35 | 1557378 | 1477863 |
|  Federal National Mortgage Association, Pool #MA1584<br>3.50% | 09/01/33 | 1194789 | 1154870 |
|  Federal National Mortgage Association, Pool #MA3182<br>3.50% | 11/01/47 | 254105 | 231456 |
|  Federal National Mortgage Association, Pool #FM2318<br>3.50% | 09/01/49 | 221602 | 201742 |
|  Federal National Mortgage Association, Pool #MA1146<br>4.00% | 08/01/42 | 461488 | 440698 |
|  Federal National Mortgage Association, Pool #AS9830<br>4.00% | 06/01/47 | 418988 | 393490 |
|  Federal National Mortgage Association, Pool #MA4655<br>4.00% | 07/01/52 | 4009836 | 3704684 |
|  Federal National Mortgage Association, Pool #BV7937<br>4.00% | 08/01/52 | 4059986 | 3756459 |
|  Federal National Mortgage Association, Pool #FS6953<br>4.00% | 02/01/53 | 4454470 | 4122140 |
|  Federal National Mortgage Association, Pool #AL0209<br>4.50% | 05/01/41 | 217419 | 214300 |
|  Federal National Mortgage Association, Pool #CA1710<br>4.50% | 05/01/48 | 1020264 | 986616 |
|  Federal National Mortgage Association, Pool #CA1711<br>4.50% | 05/01/48 | 717151 | 693500 |
|  Federal National Mortgage Association, Pool #CA2208<br>4.50% | 08/01/48 | 575690 | 556704 |
|  Federal National Mortgage Association, Pool #FS4233<br>4.50% | 12/01/52 | 5698393 | 5432196 |
|  Federal National Mortgage Association, Pool #FS4701<br>4.50% | 04/01/53 | 5681875 | 5415560 |
|  Federal National Mortgage Association, Pool #727575<br>5.00% | 06/01/33 | 9728 | 9813 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal National Mortgage Association, Pool #BX8625<br>5.00% | 04/01/53 | $4778802 | $4661458 |
|  Federal National Mortgage Association, Pool #748751<br>5.50% | 10/01/33 | 28080 | 28739 |
|  Federal National Mortgage Association, Pool #MA5138<br>5.50% | 09/01/53 | 3129567 | 3122943 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 | 200730 | 210218 |
|  Federal National Mortgage Association, Pool #596686<br>6.50% | 11/01/31 | 4117 | 4303 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C39 (I/O)<br>2.00% | 09/25/51 | 2720569 | 361247 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C43 (I/O)<br>2.00% | 07/25/50 | 2365611 | 306291 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C44 (I/O)<br>2.00% | 03/25/52 | 5815149 | 764478 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C45 (I/O)<br>2.00% | 07/25/51 | 6855674 | 896425 |
|  Federal National Mortgage Association REMICS Series 2001-14, Class SH (I/F)<br>12.20% (-30 day USD SOFR Average + 27.424%)<sup>(2)</sup> | 03/25/30 | 13280 | 13943 |
|  Federal National Mortgage Association REMICS Series 2001-34, Class FV<br>4.96% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 08/25/31 | 29550 | 29586 |
|  Federal National Mortgage Association REMICS Series 2007-89, Class GF<br>4.98% (30 day USD SOFR Average + 0.634%)<sup>(2)</sup> | 09/25/37 | 170729 | 170528 |
|  Federal National Mortgage Association REMICS Series 2008-30, Class SA (I/O) (I/F)<br>2.39% (-30 day USD SOFR Average + 6.736%)<sup>(2)</sup> | 04/25/38 | 35566 | 4013 |
|  Federal National Mortgage Association REMICS Series 2008-62, Class SN (I/O) (I/F)<br>1.74% (-30 day USD SOFR Average + 6.086%)<sup>(2)</sup> | 07/25/38 | 41510 | 2825 |
|  Federal National Mortgage Association REMICS Series 2009-64, Class TB<br>4.00% | 08/25/29 | 233658 | 230428 |
|  Federal National Mortgage Association REMICS Series 2009-68, Class SA (I/O) (I/F)<br>2.29% (-30 day USD SOFR Average + 6.636%)<sup>(2)</sup> | 09/25/39 | 28439 | 3013 |
|  Federal National Mortgage Association REMICS Series 2010-26, Class AS (I/O) (I/F)<br>1.87% (-30 day USD SOFR Average + 6.216%)<sup>(2)</sup> | 03/25/40 | 401118 | 38639 |
|  Federal National Mortgage Association REMICS Series 2011-111, Class DB<br>4.00% | 11/25/41 | 917353 | 884672 |
|  Federal National Mortgage Association REMICS Series 2018-38, Class LA<br>3.00% | 06/25/48 | 704506 | 622353 |
|  Federal National Mortgage Association REMICS Series 2018-43, Class CT<br>3.00% | 06/25/48 | 522626 | 461694 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.96% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 1283793 | 1255998 |
|  Federal National Mortgage Association REMICS Series 2023-39, Class AI (I/O)<br>2.00% | 07/25/52 | 19764491 | 2570229 |
|  Federal National Mortgage Association REMICS Trust Series 2004-W10, Class A6 (PAC)<br>5.75% | 08/25/34 | 452360 | 458646 |
|  Government National Mortgage Association, Pool #MA3662<br>3.00% | 05/20/46 | 306034 | 271299 |
|  Government National Mortgage Association, Pool #MA4777<br>3.00% | 10/20/47 | 220146 | 195030 |
|  Government National Mortgage Association, Pool #MA4836<br>3.00% | 11/20/47 | 854735 | 757219 |
|  Government National Mortgage Association, Pool #MA6209<br>3.00% | 10/20/49 | 475648 | 411065 |
|  Government National Mortgage Association, Pool #MA3521<br>3.50% | 03/20/46 | 706238 | 648044 |
|  Government National Mortgage Association, Pool #MA3597<br>3.50% | 04/20/46 | 685999 | 628135 |
|  Government National Mortgage Association, Pool #MA3663<br>3.50% | 05/20/46 | 669066 | 612631 |
|  Government National Mortgage Association, Pool #MA4127<br>3.50% | 12/20/46 | 968355 | 886675 |
|  Government National Mortgage Association, Pool #MA6030<br>3.50% | 07/20/49 | 65360 | 58454 |
|  Government National Mortgage Association, Pool #MA4838<br>4.00% | 11/20/47 | 502842 | 471126 |
|  Government National Mortgage Association, Pool #MA4901<br>4.00% | 12/20/47 | 858790 | 804623 |
|  Government National Mortgage Association, Pool #MA5078<br>4.00% | 03/20/48 | 607460 | 569145 |
|  Government National Mortgage Association, Pool #MA5466<br>4.00% | 09/20/48 | 41734 | 39109 |
|  Government National Mortgage Association, Pool #608259<br>4.50% | 08/15/33 | 10625 | 10599 |
|  Government National Mortgage Association, Pool #MA5399<br>4.50% | 08/20/48 | 1196644 | 1158979 |
|  Government National Mortgage Association, Pool #MA5467<br>4.50% | 09/20/48 | 73078 | 70777 |
|  Government National Mortgage Association, Pool #MA8347<br>4.50% | 10/20/52 | 2824771 | 2708678 |
|  Government National Mortgage Association, Pool #782114<br>5.00% | 09/15/36 | 42110 | 42716 |
|  Government National Mortgage Association, Pool #MA4454<br>5.00% | 05/20/47 | 231333 | 231601 |
|  Government National Mortgage Association, Pool #MA4589<br>5.00% | 07/20/47 | 529024 | 529639 |
|  Government National Mortgage Association, Pool #MA4722<br>5.00% | 09/20/47 | 168629 | 168644 |
|  Government National Mortgage Association REMICS Series 2008-27, Class SI (I/O) (I/F)<br>2.00% (-1 mo. USD Term SOFR + 6.356%)<sup>(2)</sup> | 03/20/38 | 115446 | 11720 |
|  Government National Mortgage Association REMICS Series 2008-81, Class S (I/O) (I/F)<br>1.73% (-1 mo. USD Term SOFR + 6.086%)<sup>(2)</sup> | 09/20/38 | 445305 | 41339 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |  |  |
|  Government National Mortgage Association REMICS Series 2010-1, Class S (I/O) (I/F)<br>1.28% (-1 mo. USD Term SOFR + 5.636%)<sup>(2)</sup> | 01/20/40 | $| 666528 | $| 56071 |
|  Government National Mortgage Association REMICS Series 2018-124, Class NW<br>3.50% | 09/20/48 |  | 601426 |  | 544045 |
|  Government National Mortgage Association REMICS Series 2023-134, Class F<br>5.35% (30 day USD SOFR Average + 1.000%)<sup>(2)</sup> | 08/20/53 |  | 609017 |  | 607955 |
|  Government National Mortgage Association REMICS Series 2024-30, Class CF<br>5.60% (30 day USD SOFR Average + 1.250%)<sup>(2)</sup> | 02/20/54 |  | 905253 |  | 908337 |
|  Government National Mortgage Association REMICS Series 2024-97, Class FW<br>5.50% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 06/20/54 |  | 190775 |  | 190318 |
|  Government National Mortgage Association, TBA<br>2.50%<sup>(4)</sup> | 11/01/51 |  | 5725000 |  | 4814250 |
|  Government National Mortgage Association, TBA, 30 Year<br>4.00%<sup>(4)</sup> | 04/01/52 |  | 3200000 |  | 2946702 |
|  Government National Mortgage Association, TBA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/54 |  | 2325000 |  | 2206766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 03/01/55 |  | 5450000 |  | 5320541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 03/01/55 |  | 4125000 |  | 4114875 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(4)</sup> | 09/01/51 |  | 1350000 |  | 1056816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 10/01/51 |  | 3075000 |  | 2520863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(4)</sup> | 11/01/51 |  | 2725000 |  | 2333204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 12/01/51 |  | 3450000 |  | 3083726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 12/01/51 |  | 2875000 |  | 2566405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 02/01/52 |  | 625000 |  | 576540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 02/01/52 |  | 1500000 |  | 1383232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 05/01/54 |  | 4975000 |  | 4719996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 02/01/55 |  | 4325000 |  | 4210260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 02/01/55 |  | 4325000 |  | 4302454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $196,708,568) |  |  |  |  | 186316092 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—3.4%** |  |  |  |  |  |
|  Arbor Realty Commercial Real Estate Notes Ltd. Series 2021-FL3, Class A<br>5.53% (1 mo. USD Term SOFR + 1.184%)<sup>(1),(2)</sup> | 08/15/34 |  | 767286 |  | 767369 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A<br>4.09%<sup>(1),(5)</sup> | 08/10/38 |  | 1930000 |  | 1868900 |
|  BX Trust Series 2019-OC11, Class A<br>3.20%<sup>(1)</sup> | 12/09/41 |  | 1485000 |  | 1385233 |
|  BXHPP Trust Series 2021-FILM, Class A<br>5.11% (1 mo. USD Term SOFR + 0.764%)<sup>(1),(2)</sup> | 08/15/36 |  | 1400000 |  | 1350656 |
|  CSAIL Commercial Mortgage Trust Series 2020-C19, Class A3<br>2.56% | 03/15/53 |  | 3004000 |  | 2691143 |
|  Hilton USA Trust Series 2025-NVIL, Class A<br>6.08% (1 mo. USD Term SOFR + 1.743%)<sup>(1),(2)</sup> | 07/15/42 |  | 800000 |  | 803913 |
|  Hudson Yards Mortgage Trust Series 2019-30HY, Class A<br>3.23%<sup>(1)</sup> | 07/10/39 |  | 2185000 |  | 2056472 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class A<br>2.94%<sup>(1),(5)</sup> | 12/10/41 |  | 1180000 |  | 1090229 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-OSB, Class A<br>3.40%<sup>(1)</sup> | 06/05/39 |  | 1160000 |  | 1085045 |
|  One Bryant Park Trust Series 2019-OBP, Class A<br>2.52%<sup>(1)</sup> | 09/15/54 |  | 1495000 |  | 1355627 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A1<br>3.87%<sup>(1),(5)</sup> | 01/05/43 |  | 1710000 |  | 1458360 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A2B<br>4.14%<sup>(1),(5)</sup> | 01/05/43 |  | 70000 |  | 59972 |
|  WBHT Commercial Mortgage Trust Series 2025-WBM, Class A<br>6.08% (1 mo. USD Term SOFR + 1.742%)<sup>(1),(2)</sup> | 06/15/42 |  | 1235000 |  | 1240299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $15,670,218) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $15,670,218) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $15,670,218) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $15,670,218) |  | 17213218 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** |
|  Ajax Mortgage Loan Trust Series 2019-F, Class A1<br>2.86%<sup>(1)</sup> | 07/25/59 |  | 1131859 |  | 1097591 |
|  Angel Oak Mortgage Trust Series 2025-8, Class A1<br>5.41%<sup>(1)</sup> | 07/25/70 |  | 1500000 |  | 1501326 |
|  Bayview MSR Opportunity Master Fund Trust Series 2021-5, Class A5<br>2.50%<sup>(1),(5)</sup> | 11/25/51 |  | 3269867 |  | 2907058 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-5, Class 2A2<br>5.75% | 08/25/35 |  | 112681 |  | 96674 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-AMC1, Class A1<br>4.76% (1 mo. USD Term SOFR + 0.404%)<sup>(1),(2)</sup> | 09/25/36 |  | 2657583 |  | 2579069 |
|  Cross Mortgage Trust Series 2025-H2, Class A1<br>5.36%<sup>(1),(5)</sup> | 03/25/70 |  | 1424803 |  | 1421898 |
|  CSMC Trust Series 2018-RPL9, Class A<br>3.85%<sup>(1),(5)</sup> | 09/25/57 |  | 1788173 |  | 1726928 |
|  CSMC Trust Series 2022-ATH2, Class A1<br>4.55%<sup>(1),(5)</sup> | 05/25/67 |  | 2706302 |  | 2697766 |
|  Fremont Home Loan Trust Series 2005-E, Class 2A4<br>5.13% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/36 |  | 3003368 |  | 2896735 |
|  GS Mortgage-Backed Securities Trust Series 2018-RPL1, Class A1A<br>3.75%<sup>(1)</sup> | 10/25/57 |  | 1274901 |  | 1243976 |
|  GS Mortgage-Backed Securities Trust Series 2021-INV1, Class A6<br>2.50%<sup>(1),(5)</sup> | 12/25/51 |  | 3128786 |  | 2776925 |
|  GS Mortgage-Backed Securities Trust Series 2025-PJ6, Class A5<br>5.50%<sup>(1),(5)</sup> | 11/25/55 |  | 1682489 |  | 1681202 |
|  GSAA Home Equity Trust Series 2005-11, Class 2A2<br>5.11% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 10/25/35 |  | 239878 |  | 261304 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR6, Class 2A1<br>4.95% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/35 | $397583 | $324786 |
|  JPMorgan Mortgage Trust Series 2021-INV3, Class A3<br>2.50%<sup>(1),(5)</sup> | 12/25/51 | 4035072 | 3588326 |
|  JPMorgan Mortgage Trust Series 2021-INV5, Class A3<br>3.00%<sup>(1),(5)</sup> | 12/25/51 | 4544431 | 4164307 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2004-WMC2, Class M1<br>5.38% (1 mo. USD Term SOFR + 1.029%)<sup>(2)</sup> | 07/25/34 | 381158 | 384985 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-3, Class 4A<br>5.64%<sup>(5)</sup> | 04/25/34 | 53876 | 52790 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-WCW2, Class M3<br>5.29% (1 mo. USD Term SOFR + 0.939%)<sup>(2)</sup> | 07/25/35 | 3477517 | 3338846 |
|  Starwood Mortgage Residential Trust Series 2021-3, Class A1<br>1.13%<sup>(1),(5)</sup> | 06/25/56 | 1654367 | 1444737 |
|  Structured Asset Investment Loan Trust Series 2004-6, Class A3<br>5.27% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 07/25/34 | 1199614 | 1241329 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR15, Class A1A1<br>4.99% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 11/25/45 | 3293317 | 3157600 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR3, Class A2<br>5.06%<sup>(5)</sup> | 03/25/35 | 344233 | 343412 |
|  Wells Fargo Alternative Loan Trust Series 2007-PA3, Class 2A1<br>6.00% | 07/25/37 | 35696 | 32058 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust Series 2004-2, Class A33<br>5.47% (1 mo. USD Term SOFR + 1.114%)<sup>(2)</sup> | 10/25/34 | 1768051 | 1809426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $42,186,821) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $42,186,821) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $42,186,821) | 42771054 |
|  **CORPORATE BONDS—17.2%** |  |  |  |
|  **Aerospace/Defense—0.6%** |  |  |  |
|  General Electric Co.<br>5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 3045000 | 2844334 |
|  **Agriculture—0.2%** |  |  |  |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 07/26/29 | 35000 | 33903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/30/28 | 1060000 | 1058166 |
|  Philip Morris International, Inc.<br>2.75% | 06/06/29 | 110000 | 124931 |
|  |  |  | 1217000 |
|  **Airlines—0.2%** |  |  |  |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | $1086911 | 1105802 |
|  **Auto Manufacturers—0.4%** |  |  |  |
|  Volkswagen Financial Services AG (Germany)<br>3.88%<sup>(6)</sup> | 11/19/31 | 1000000 | 1165930 |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 | 15000 | 15189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 | 280000 | 281103 |
|  Volkswagen International Finance NV (Germany)<br>7.88% (9 yr. EUR Swap + 4.783%)<sup>(2),(6),(7)</sup> | 09/06/32 | 300000 | 393654 |
|  |  |  | 1855876 |
|  **Banks—4.6%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(2)</sup> | 03/11/27 | 3625000 | 3560294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (1 day USD SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 1130000 | 1098936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (1 day USD SOFR + 1.370%)<sup>(2)</sup> | 10/24/31 | 345000 | 301244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% (3 mo. USD Term SOFR + 1.252%)<sup>(2)</sup> | 02/13/31 | 635000 | 579882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59% (1 day USD SOFR + 2.150%)<sup>(2)</sup> | 04/29/31 | 135000 | 123444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69% (1 day USD SOFR + 1.320%)<sup>(2)</sup> | 04/22/32 | 335000 | 300552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97% (1 day USD SOFR + 1.330%)<sup>(2)</sup> | 02/04/33 | 340000 | 304392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47% (1 day USD SOFR + 1.650%)<sup>(2)</sup> | 01/23/35 | 115000 | 117984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.51% (1 day USD SOFR + 1.310%)<sup>(2)</sup> | 01/24/36 | 200000 | 204964 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56% (1 day USD SOFR + 1.167%)<sup>(2)</sup> | 05/01/32 | 35000 | 30994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (1 day USD SOFR + 1.351%)<sup>(2)</sup> | 01/25/33 | 180000 | 161294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.89% (3 mo. USD Term SOFR + 1.825%)<sup>(2)</sup> | 01/10/28 | 45000 | 44547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33% (1 day USD SOFR + 1.465%)<sup>(2)</sup> | 03/27/36 | 875000 | 879489 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% (1 day USD SOFR + 0.798%)<sup>(2)</sup> | 03/09/27 | 4260000 | 4176972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% (1 day USD SOFR + 1.420%)<sup>(2)</sup> | 10/23/35 | 385000 | 379675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 01/28/36 | 150000 | 153501 |
|  HSBC Holdings PLC (United Kingdom)<br>2.36% (1 day USD SOFR + 1.947%)<sup>(2)</sup> | 08/18/31 | 110000 | 97892 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05% (1 day USD SOFR + 0.800%)<sup>(2)</sup> | 11/19/26 | 260000 | 257169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 1540000 | 1336627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.74% (3 mo. USD Term SOFR + 1.510%)<sup>(2)</sup> | 10/15/30 | 1070000 | 996962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20% (3 mo. USD Term SOFR + 1.522%)<sup>(2)</sup> | 07/23/29 | 935000 | 928866 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (1 day USD SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | $1145000 | $1111291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 180000 | 154323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51% (1 day USD SOFR + 1.200%)<sup>(2)</sup> | 10/20/32 | 225000 | 197037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94% (1 day USD SOFR + 1.290%)<sup>(2)</sup> | 01/21/33 | 225000 | 201211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59% (1 day USD SOFR + 1.418%)<sup>(2)</sup> | 01/18/36 | 285000 | 292769 |
|  Morgan Stanley Private Bank NA<br>4.47% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 07/06/28 | 1255000 | 1254473 |
|  PNC Financial Services Group, Inc.<br>5.68% (1 day USD SOFR + 1.902%)<sup>(2)</sup> | 01/22/35 | 245000 | 254129 |
|  Santander U.K. Group Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.67% (1 day USD SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 491000 | 478229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 01/11/28 | 30000 | 29050 |
|  U.S. Bancorp<br>5.68% (1 day USD SOFR + 1.860%)<sup>(2)</sup> | 01/23/35 | 255000 | 264463 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58% (3 mo. USD Term SOFR + 1.572%)<sup>(2)</sup> | 05/22/28 | 260000 | 255700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 07/25/33 | 1045000 | 1045502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 04/23/31 | 900000 | 918414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24% (1 day USD SOFR + 1.110%)<sup>(2)</sup> | 01/24/31 | 770000 | 788642 |
|  |  |  | 23280913 |
|  **Beverages—0.0%** |  |  |  |
|  Anheuser-Busch InBev SA (Belgium)<br>3.95%<sup>(6)</sup> | 03/22/44 | 105000 | 116967 |
|  **Chemicals—0.2%** |  |  |  |
|  International Flavors & Fragrances, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%<sup>(1)</sup> | 11/01/30 | 1185000 | 1046272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%<sup>(1)</sup> | 11/15/40 | 235000 | 172607 |
|  |  |  | 1218879 |
|  **Commercial Services—0.1%** |  |  |  |
|  AA Bond Co. Ltd. (United Kingdom)<br>8.45%<sup>(6)</sup> | 07/31/50 | 215000 | 303321 |
|  **Computers—0.1%** |  |  |  |
|  Dell International LLC/EMC Corp.<br>5.00% | 04/01/30 | 745000 | 755922 |
|  **Diversified Financial Services—1.2%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>3.00% | 10/29/28 | 2785000 | 2651404 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/01/27 | 400000 | 392248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 10/01/28 | 1500000 | 1504410 |
|  American Express Co.<br>4.92% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/20/33 | $415000 | 416469 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53%<sup>(1)</sup> | 11/18/27 | 884000 | 841789 |
|  Blackrock, Inc.<br>3.75% | 07/18/35 | 345000 | 404753 |
|  |  |  | 6211073 |
|  **Electric—1.0%** |  |  |  |
|  Amprion GmbH (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%<sup>(6)</sup> | 09/23/33 | 300000 | 273717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(6)</sup> | 05/21/44 | 200000 | 221415 |
|  Appalachian Power Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45% | 06/01/45 | 690000 | 562371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 04/01/34 | 1025000 | 1055248 |
|  Duke Energy Progress LLC<br>3.70% | 10/15/46 | 1000000 | 757000 |
|  E.ON SE (Germany)<br>3.75%<sup>(6)</sup> | 01/15/36 | 100000 | 116477 |
|  Elia Group SA (Belgium)<br>3.88%<sup>(6)</sup> | 06/11/31 | 200000 | 233921 |
|  Enel Finance International NV (Italy)<br>4.50%<sup>(6)</sup> | 02/20/43 | 140000 | 162855 |
|  Eurogrid GmbH (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.74%<sup>(6)</sup> | 04/21/33 | 200000 | 186941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.11%<sup>(6)</sup> | 05/15/32 | 200000 | 198685 |
|  Florida Power & Light Co.<br>5.70% | 03/15/55 | 580000 | 587041 |
|  Scottish Hydro Electric Transmission PLC (United Kingdom)<br>3.38%<sup>(6)</sup> | 09/04/32 | 100000 | 115031 |
|  TenneT Holding BV (Netherlands)<br>4.75%<sup>(6)</sup> | 10/28/42 | 415000 | 519086 |
|  |  |  | 4989788 |
|  **Engineering & Construction—0.1%** |  |  |  |
|  Heathrow Funding Ltd. (United Kingdom)<br>1.13%<sup>(6)</sup> | 10/08/32 | 485000 | 504625 |
|  **Entertainment—0.2%** |  |  |  |
|  FDJ UNITED (France)<br>3.38%<sup>(6)</sup> | 11/21/33 | 300000 | 338966 |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28% | 03/15/32 | 412000 | 347065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 | 230000 | 153847 |
|  |  |  | 839878 |
|  **Food—0.6%** |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 02/02/29 | 240000 | 227832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50% | 12/01/52 | 600000 | 613704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 | 882000 | 959343 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 1565000 | 1350595 |
|  |  |  | 3151474 |
|  **Gas—0.2%** |  |  |  |
|  KeySpan Gas East Corp.<br>3.59%<sup>(1)</sup> | 01/18/52 | 650000 | 427745 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(6)</sup> | 04/05/30 | 540000 | 647872 |
|  |  |  | 1075617 |
|  **Health Care-Products—0.4%** |  |  |  |
|  American Medical Systems Europe BV<br>3.00% | 03/08/31 | 780000 | 892570 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Health Care-Products (Continued)** |  |  |  |
|  Medtronic Global Holdings SCA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00% | 07/02/31 | 495000 | $506180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 07/02/49 | 100000 | 73132 |
|  Medtronic, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65% | 10/15/29 | 185000 | 219390 |
|  Sartorius Finance BV (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 09/14/32 | 100000 | 119995 |
|  Thermo Fisher Scientific, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88% | 10/01/49 | 420000 | 310645 |
|  |  |  | 2121912 |
|  **Health Care-Services—1.1%** |  |  |  |
|  Centene Corp.<br>3.00% | 10/15/30 | 1683000 | 1465674 |
|  Elevance Health, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% | 02/15/35 | 380000 | 379951 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 06/15/34 | 435000 | 440711 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 | 1000000 | 961180 |
|  Humana, Inc.<br>5.55% | 05/01/35 | 1125000 | 1128386 |
|  UnitedHealth Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 07/15/34 | 360000 | 361217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 06/15/35 | 255000 | 258029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 07/15/54 | 745000 | 710045 |
|  |  |  | 5705193 |
|  **Insurance—0.6%** |  |  |  |
|  Athene Global Funding<br>3.21%<sup>(1)</sup> | 03/08/27 | 815000 | 794486 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(2)</sup> | 11/01/53 | 2065000 | 1976453 |
|  New York Life Insurance Co.<br>3.75%<sup>(1)</sup> | 05/15/50 | 70000 | 51350 |
|  Teachers Insurance & Annuity Association of America<br>4.27%<sup>(1)</sup> | 05/15/47 | 130000 | 105320 |
|  |  |  | 2927609 |
|  **Lodging—0.1%** |  |  |  |
|  Las Vegas Sands Corp.<br>6.00% | 06/14/30 | 555000 | 571578 |
|  **Media—0.4%** |  |  |  |
|  Time Warner Cable LLC | Time Warner Cable LLC | Time Warner Cable LLC | Time Warner Cable LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 09/15/42 | 1475000 | 1158022 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 933000 | 841016 |
|  |  |  | 1999038 |
|  **Oil & Gas—0.0%** |  |  |  |
|  Petroleos Mexicanos (Mexico)<br>6.75% | 09/21/47 | 181000 | 140163 |
|  **Packaging & Containers—0.4%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>5.10%<sup>(1)</sup> | 03/17/30 | 235000 | 238377 |
|  Amcor U.K. Finance PLC (Australia)<br>3.95% | 05/29/32 | 515000 | 600419 |
|  Berry Global, Inc. | Berry Global, Inc. | Berry Global, Inc. | Berry Global, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.57% | 01/15/26 | 1000000 | 984930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 270000 | 269927 |
|  |  |  | 2093653 |
|  **Pharmaceuticals—0.9%** |  |  |  |
|  Bayer U.S. Finance II LLC (Germany) | Bayer U.S. Finance II LLC (Germany) | Bayer U.S. Finance II LLC (Germany) | Bayer U.S. Finance II LLC (Germany) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 1023000 | 1011195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 06/25/48 | $1805000 | 1487157 |
|  CVS Health Corp. | CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 185000 | 169475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/25/48 | 1115000 | 959993 |
|  Johnson & Johnson<br>3.05% | 02/26/33 | 480000 | 551785 |
|  Pfizer Netherlands International Finance BV<br>3.25% | 05/19/32 | 175000 | 201760 |
|  |  |  | 4381365 |
|  **Pipelines—0.3%** |  |  |  |
|  Southern Natural Gas Co. LLC<br>7.35% | 02/15/31 | 1380000 | 1516689 |
|  **Real Estate—0.2%** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(6)</sup> | 05/04/28 | 315000 | 343913 |
|  LEG Immobilien SE (Germany)<br>1.50%<sup>(6)</sup> | 01/17/34 | 100000 | 94957 |
|  Vonovia SE (Germany)<br>0.75%<sup>(6)</sup> | 09/01/32 | 600000 | 570041 |
|  |  |  | 1008911 |
|  **REIT—2.0%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 1255000 | 1123225 |
|  American Homes 4 Rent LP<br>3.38% | 07/15/51 | 410000 | 269686 |
|  American Tower Corp. (REIT)<br>2.90% | 01/15/30 | 750000 | 697102 |
|  CubeSmart LP<br>3.00% | 02/15/30 | 317000 | 294747 |
|  Digital Dutch Finco BV<br>1.25%<sup>(6)</sup> | 02/01/31 | 560000 | 573264 |
|  Equinix Europe 2 Financing Corp. LLC (REIT)<br>3.63% | 11/22/34 | 465000 | 518586 |
|  Extra Space Storage LP | Extra Space Storage LP | Extra Space Storage LP | Extra Space Storage LP |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40% | 10/15/31 | 475000 | 411160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 04/01/29 | 250000 | 244615 |
|  GLP Capital LP/GLP Financing II, Inc. | GLP Capital LP/GLP Financing II, Inc. | GLP Capital LP/GLP Financing II, Inc. | GLP Capital LP/GLP Financing II, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/31 | 170000 | 160339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 1600000 | 1635392 |
|  Healthcare Realty Holdings LP<br>2.05% | 03/15/31 | 164000 | 138424 |
|  Hudson Pacific Properties LP | Hudson Pacific Properties LP | Hudson Pacific Properties LP | Hudson Pacific Properties LP |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 722000 | 578387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 04/01/29 | 2000 | 1746 |
|  Invitation Homes Operating Partnership LP<br>2.00% | 08/15/31 | 496000 | 421163 |
|  LXP Industrial Trust<br>2.38% | 10/01/31 | 1592000 | 1345718 |
|  Prologis Euro Finance LLC<br>4.25% | 01/31/43 | 450000 | 509953 |
|  Realty Income Corp. (REIT)<br>4.88% | 07/06/30 | 690000 | 851955 |
|  Rexford Industrial Realty LP<br>2.15% | 09/01/31 | 25000 | 21380 |
|  VICI Properties LP/VICI Note Co., Inc. | VICI Properties LP/VICI Note Co., Inc. | VICI Properties LP/VICI Note Co., Inc. | VICI Properties LP/VICI Note Co., Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 02/15/29 | 325000 | 314691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/30 | 41000 | 39183 |
|  |  |  | 10150716 |
|  **Semiconductors—0.3%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 140000 | 143036 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Semiconductors (Continued)** |  |  |  |
|  Intel Corp. | Intel Corp. | Intel Corp. | Intel Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05% | 08/12/51 | $392000 | $227058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% | 12/08/47 | 800000 | 547864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60% | 02/21/54 | 280000 | 248783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 02/10/53 | 160000 | 144296 |
|  |  |  | 1311037 |
|  **Software—0.1%** |  |  |  |
|  Oracle Corp.<br>4.80% | 08/03/28 | 575000 | 581394 |
|  **Telecommunications—0.5%** |  |  |  |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(6)</sup> | 10/07/30 | 695000 | 745388 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 1377750 | 1382930 |
|  T-Mobile USA, Inc.<br>5.05% | 07/15/33 | 350000 | 351033 |
|  |  |  | 2479351 |
|  **Transportation—0.0%** |  |  |  |
|  Pacific National Finance Pty. Ltd. (Australia)<br>3.70% | 09/24/29 | 420000 | 250555 |
|  **Water—0.2%** |  |  |  |
|  Suez SACA (France)<br>2.88%<sup>(6)</sup> | 05/24/34 | 400000 | 430392 |
|  United Utilities Water Finance PLC (United Kingdom)<br>3.75%<sup>(6)</sup> | 05/23/34 | 190000 | 219015 |
|  Yorkshire Water Finance PLC (United Kingdom)<br>6.38%<sup>(6)</sup> | 11/18/34 | 130000 | 177186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Water** (Cost: $807,036) |  |  | 826593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $87,612,042) |  |  | 87537226 |
|  **MUNICIPAL BONDS—0.3%** |  |  |  |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B3<br>2.00% | 08/01/35 | 1000000 | 769720 |
|  New York State Thruway Authority, Revenue Bonds<br>5.00% | 03/15/53 | 255000 | 255566 |
|  Regents of the University of California Medical Center Pooled Revenue, Series N<br>3.26% | 05/15/60 | 1060000 | 665911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $2,254,978) |  |  | 1691197 |
|  **Foreign Government Bonds—0.1%** |  |  |  |
|  Israel Government International Bonds<br>5.38% | 02/19/30 | 500000 | 511000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $496,069) |  |  | 511000 |
|  **U.S. TREASURY SECURITIES—26.4%** |  |  |  |
|  U.S. Treasury Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 05/15/55 | 12060000 | 11796187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(8)</sup> | 08/15/55 | 460000 | 450986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 05/15/45 | 22055000 | 22378933 |
|  U.S. Treasury Inflation-Indexed Notes<br>1.88% | 07/15/35 | 5470902 | 5423352 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 07/31/27 | 9170000 | 9158538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 07/31/30 | 51085000 | 50899418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 07/31/32 | 18035000 | 17881421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 | $16250000 | 16109082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $133,769,455) |  |  | 134097917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $515,608,746) |  |  | 506808276 |
| **Security** |  | **Shares** |  |
|  **MONEY MARKET INVESTMENTS—10.0%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>4.25%<sup>(9)</sup> |  | 2861648 | 2861648 |
|  TCW Central Cash Fund,<br>4.34%<sup>(9),(10)</sup> |  | 47981934 | 47981934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $50,843,582) |  |  | 50843582 |
|  **PURCHASED OPTIONS<sup>(11)</sup> (0.1%)** (Cost: $446,214) |  |  | 434574 |
|  **Total Investments (109.8%)** (Cost: $566,898,542) |  |  | 558086432 |
|  **Liabilities In Excess Of Other Assets (-9.8%)** |  |  | (50025728) |
|  **Net Assets (100.0%)** |  |  | $508060704 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional<br>Contract<br>Value** | **Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 136 | U.S. Ultra Long Bond Futures | 09/19/25 | $15779717 | $15954500 | $174783 |
| 23 | U.S. Long Bond Futures | 09/19/25 | 2611937 | 2626312 | 14375 |
| 848 | 2-Year U.S. Treasury Note Futures | 09/30/25 | 175701550 | 175522751 | (178799) |
| 55 | 5-Year U.S. Treasury Note Futures | 09/30/25 | 5909624 | 5949453 | 39829 |
|  |  |  | $200002828 | $200053016 | $50188 |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 45 | 10-Year U.S. Treasury Note Futures | 09/19/25 | $(5064796) | $(5088515) | $(23719) |
| 4 | 3 Year Australian Bond Futures | 09/15/25 | (275909) | (276371) | (462) |
| 10 | 30-Year Euro-Buxl Future | 09/8/25 | (1371844) | (1343473) | 28371 |
| 24 | Euro-Bobl Future | 09/8/25 | (3243129) | (3221312) | 21817 |
| 49 | Euro-Bund Future | 09/8/25 | (7341751) | (7273957) | 67794 |
| 1 | Long Gilt Futures | 09/26/25 | (121035) | (121960) | (925) |
|  |  |  | $(17418464) | $(17325588) | $92876 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts at<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(12)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 1493998 | 10/10/25 | $1758212 | $1717544 | (40668) |
|  |  |  |  | $1758212 | $1717544 | $(40668) |
|  **SELL<sup>(13)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | AUD | 140736 | 10/10/25 | $92482 | $90726 | 1756 |
|  JPMorgan Chase Bank | AUD | 253649 | 10/10/25 | 165521 | 163516 | 2005 |
|  Citibank N.A. | EUR | 13764255 | 10/10/25 | 16215633 | 15823787 | 391846 |
|  Citibank N.A. | GBP | 231000 | 10/10/25 | 313880 | 305892 | 7988 |
|  Goldman Sachs & Co. | GBP | 133949 | 10/10/25 | 179878 | 177376 | 2502 |
|  |  |  |  | $16967394 | $16561297 | $406097 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** |
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  1-Year 2-Year Interest Rate Swap | Goldman Sachs International | 3.57 | 12/31/25 | 39390000 | $39390000 | $141339 | $122109 | $19230 |
|  1-Year 5-Year Interest Rate Swap | JPMorgan Chase Bank | 3.74 | 12/31/25 | 16775000 | 16775000 | 107269 | 101908 | 5361 |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.05 | 1/30/26 | 24872000 | 24872000 | 24892 | 28603 | (3711) |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.03 | 2/27/26 | 24872000 | 24872000 | 31585 | 32334 | (749) |
|  2-Year Interest Rate Swap | Citibank N.A. | 4.00 | 3/31/26 | 24872000 | 24872000 | 39813 | 42780 | (2967) |
|  2-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 3/31/26 | 10393000 | 10393000 | 36205 | 46769 | (10564) |
|  5-Year Interest Rate Swap | Bank Of America | 4.22 | 1/30/26 | 10393000 | 10393000 | 23871 | 32218 | (8347) |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  5-Year Interest Rate Swap | JPMorgan Chase Bank | 4.22 | 2/27/26 | 10393000 | 10393000 | 29600 | 39493 | (9893) |
|  Total Swaptions |  |  |  |  |  | $434574 | $446214 | $(11640) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| ACES | Alternative Credit Enhancement Securities. |
| CLO | Collateralized Loan Obligation. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| LIBOR | London Interbank Offered Rate. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TBA | To Be Announced. |
| AUD | Australian Dollar. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At July 31, 2025, the value of these securities amounted to $85,047,349 or 16.7% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at July 31, 2025. |
| (3) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (4) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (5) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (6) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At July 31, 2025, the value of these securities amounted to $8,773,614 or 1.7% of net assets. |
| (7) | Perpetual maturity. |
| (8) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (9) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (10) | Affiliated issuer. |
| (11) | See options table for description of purchased options. |
| (12) | Fund buys foreign currency, sells USD. |
| (13) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

The summary of the TCW Core Fixed Income Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,<br>2025** | **Value at July 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $58589783 | $1205452151 | $1216060000 | 47981934 | $47981934 | $2482042 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $47981934 | $2482042 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW Core Fixed Income Fund** |  |
| Investments by Sector (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Residential Mortgage-Backed Securities—Agency | 36.7% |
|  U.S. Treasury Securities | 26.4 |
|  Corporate Bonds | 17.2 |
|  Money Market Investments | 10.0 |
|  Residential Mortgage-Backed Securities—Non-Agency | 8.4 |
|  Asset-Backed Securities | 7.2 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 3.4 |
|  Municipal Bonds | 0.3 |
|  Foreign Government Bonds | 0.1 |
|  Purchased Swaptions—OTC | 0.1 |
|  Other\* | (9.8) |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0% |

---

*\** *Includes futures, swap agreements, pending trades, interest receivable, fund share transactions and accrued expenses payable.* 

------

---

| | |
|:---|:---|
| **TCW Core Fixed Income Fund** |  |
| Fair Valuation Summary (Unaudited) | July 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency | $— | $186316092 | $— | $186316092 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 134097917 |  | 134097917 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 87537226 |  | 87537226 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 42771054 |  | 42771054 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 33227728 | 3442844 | 36670572 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 17213218 |  | 17213218 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 1691197 |  | 1691197 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 511000 |  | 511000 |
|  Total Fixed Income Securities |  | 503365432 | 3442844 | 506808276 |
|  Money Market Investments | 50843582 |  |  | 50843582 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC |  | 434574 |  | 434574 |
|  Total Investments | $50843582 | $503800006 | $3442844 | $558086432 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 406097 |  | 406097 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 346969 |  |  | 346969 |
|  Total | $51190551 | $504206103 | $3442844 | $558839498 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(203905) | $— | $— | $(203905) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (40668) |  | (40668) |
|  Total | $(203905) | $(40668) | $— | $(244573) |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—96.5% of Net Assets** |  |  |  |
|  **Angola—2.5%** |  |  |  |
|  Angola Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%<sup>(1)</sup> | 11/26/29 | $16383000 | $15299428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 05/09/28 | 19131000 | 18555731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%<sup>(1)</sup> | 04/14/32 | 31779000 | 28902047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.13%<sup>(1)</sup> | 11/26/49 | 16000000 | 12678720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 05/08/48 | 10000000 | 8128600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Angola** (Cost: $82,482,331) |  |  | 83564526 |
|  **Argentina—2.1%** |  |  |  |
|  Argentina Republic Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75% | 07/09/30 | 24598430 | 18981871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 07/09/35 | 26076132 | 17186257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 01/09/38 | 20314606 | 14222459 |
|  Provincia de Buenos Aires/Government Bonds<br>6.63%<sup>(1)</sup> | 09/01/37 | 23010650 | 16310179 |
|  Telecom Argentina SA<br>9.25%<sup>(2)</sup> | 05/28/33 | 5400000 | 5569398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Argentina** (Cost: $49,725,192) |  |  | 72270164 |
|  **Bahrain—1.2%** |  |  |  |
|  Bahrain Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%<sup>(1)</sup> | 05/18/34 | 16612000 | 15532054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 09/20/29 | 16105000 | 16559483 |
|  CBB International Sukuk Programme Co. WLL<br>6.00%<sup>(2)</sup> | 02/12/31 | 7353000 | 7516751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bahrain** (Cost: $37,094,839) |  |  | 39608288 |
|  **Brazil—5.2%** |  |  |  |
|  Aegea Finance SARL<br>9.00%<sup>(2)</sup> | 01/20/31 | 12837000 | 13755102 |
|  Brazil Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 09/12/31 | 11523000 | 10354914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 01/27/45 | 15084000 | 11447398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 10/20/33 | 15864000 | 15689020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 03/15/34 | 13001000 | 12881651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 01/22/32 | 6823000 | 6946906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 03/15/35 | 6638000 | 6673314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13% | 05/13/54 | 20676000 | 19869222 |
|  CSN Resources SA | CSN Resources SA | CSN Resources SA | CSN Resources SA |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(2)</sup> | 06/10/31 | 9550000 | 7533995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%<sup>(2)</sup> | 12/05/30 | 9178000 | 9107238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Nexa Resources SA<br>6.60%<sup>(2)</sup> | 04/08/37 | 8900000 | 9024511 |
|  Samarco Mineracao SA<br>9.50%<sup>(2),(3)</sup> | 06/30/31 | 25468980 | 25252494 |
|  Yinson Bergenia Production BV (Brazil)<br>8.50%<sup>(2)</sup> | 01/31/45 | 8332000 | 8615038 |
|  Yinson Boronia Production BV<br>8.95%<sup>(2)</sup> | 07/31/42 | 18032434 | 19472504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $171,533,470) |  |  | 176623307 |
|  **Chile—3.7%** |  |  |  |
|  AES Andes SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.15% (5 yr. CMT + 3.835%)<sup>(2),(4)</sup> | 06/10/55 | 15568000 | 16303899 |
|  Antofagasta PLC<br>6.25%<sup>(2)</sup> | 05/02/34 | 10078000 | 10545922 |
|  Chile Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 01/25/50 | 9061000 | 6408030 |
|  Corp. Nacional del Cobre de Chile |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%<sup>(1)</sup> | 01/30/50 | $10227000 | $6905782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(1)</sup> | 02/02/33 | 15705000 | 15358862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 01/08/34 | 2738000 | 2799906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.30%<sup>(1)</sup> | 09/08/53 | 20243000 | 19785711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.33%<sup>(1)</sup> | 01/13/35 | 8133000 | 8475643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.44%<sup>(1)</sup> | 01/26/36 | 20233000 | 21225631 |
|  Latam Airlines Group SA (Chile)<br>7.63%<sup>(2)</sup> | 01/07/31 | 17124000 | 17620938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Chile** (Cost: $122,864,130) |  |  | 125430324 |
|  **Colombia—7.4%** |  |  |  |
|  Aris Mining Corp.<br>8.00%<sup>(2)</sup> | 10/31/29 | 8855000 | 9104003 |
|  Banco Davivienda SA (Colombia)<br>8.13% (5 yr. CMT + 4.588%)<sup>(2),(4)</sup> | 07/02/35 | 6750000 | 6859418 |
|  Colombia Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 04/22/32 | 17234000 | 14005555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38% | 04/25/30 | 8529000 | 8950162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 02/02/34 | 21834000 | 22198409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 11/07/36 | 24126000 | 24092947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 04/20/33 | 2799000 | 2947179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 11/14/35 | 27468000 | 28213207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 04/25/35 | 7253000 | 7685206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75% | 11/14/53 | 37571000 | 38192049 |
|  Ecopetrol SA | Ecopetrol SA | Ecopetrol SA | Ecopetrol SA |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 05/28/45 | 16143000 | 11466857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 02/01/32 | 11075000 | 11066140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38% | 01/19/36 | 27110000 | 26859775 |
|  EnfraGen Energia Sur SAU/EnfraGen Chile SpA/EnfraGen<br>Spain SAU (Colombia) 8.50%<sup>(2)</sup> | 06/30/32 | 6120000 | 6218348 |
|  Geopark Ltd.<br>8.75%<sup>(2)</sup> | 01/31/30 | 18398000 | 16035697 |
|  Gran Tierra Energy, Inc. (Colombia)<br>9.50%<sup>(1)</sup> | 10/15/29 | 9658000 | 8077082 |
|  Termocandelaria Power SA<br>7.75%<sup>(2)</sup> | 09/17/31 | 7240000 | 7457924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Colombia** (Cost: $246,765,072) |  |  | 249429958 |
|  **Costa Rica—1.0%** |  |  |  |
|  Costa Rica Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 02/19/31 | 4686000 | 4828361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%<sup>(2)</sup> | 04/03/34 | 11151000 | 11655583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%<sup>(2)</sup> | 11/13/54 | 16011000 | 16669692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Costa Rica** (Cost: $31,005,057) |  |  | 33153636 |
|  **Dominican Republic—2.4%** |  |  |  |
|  Dominican Republic International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(2)</sup> | 01/30/30 | 15112000 | 14434680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(2)</sup> | 09/23/32 | 17145000 | 15886728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(2)</sup> | 02/22/29 | 10183000 | 10189008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40%<sup>(1)</sup> | 06/05/49 | 11519000 | 10987053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.85%<sup>(1)</sup> | 01/27/45 | 15542000 | 15580855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%<sup>(2)</sup> | 03/15/37 | 12740000 | 13077483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Dominican Republic** (Cost: $74,816,313) |  |  | 80155807 |
|  **Ecuador—1.4%** |  |  |  |
|  Ecuador Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(5)</sup> | 07/31/30 | 4670878 | 3352196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 07/31/40 | 28112542 | 17635560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%<sup>(1)</sup> | 07/31/30 | 15143313 | 13289014 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%<sup>(2)</sup> | 07/31/35 | $15874329 | $11854631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ecuador** (Cost: $28,058,969) |  |  | 46131401 |
|  **Egypt—2.5%** |  |  |  |
|  Egypt Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 02/16/31 | 20241000 | 17942027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%<sup>(2)</sup> | 01/15/32 | 11720000 | 10794237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%<sup>(1)</sup> | 09/30/33 | 19830000 | 17764507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(1)</sup> | 05/29/32 | 26645000 | 25076942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%<sup>(1)</sup> | 01/31/47 | 8500000 | 6950025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.70%<sup>(1)</sup> | 03/01/49 | 1752000 | 1446679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88%<sup>(1)</sup> | 05/29/50 | 4232000 | 3543835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Egypt** (Cost: $64,339,252) |  |  | 83518252 |
|  **El Salvador—0.4%** |  |  |  |
|  Comision Ejecutiva Hidroelectrica del Rio Lempa<br>(EL Salvador) 8.65%<sup>(2)</sup> | 01/24/33 | 8625000 | 8687963 |
|  El Salvador Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(1)</sup> | 02/01/41 | 2023000 | 1836075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 04/10/32 | 3237000 | 3313490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total El Salvador** (Cost: $13,410,966) |  |  | 13837528 |
|  **Gabon—1.2%** (Cost: $39,190,650) |  |  |  |
|  Gabon Government International Bonds<br>6.63%<sup>(1)</sup> | 02/06/31 | 49240000 | 40509748 |
|  **Ghana—0.9%** |  |  |  |
|  Ghana Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(2),(5)</sup> | 07/03/26 | 1109866 | 1066193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(2),(5)</sup> | 01/03/30 | 2368290 | 1977877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(2)</sup> | 07/03/29 | 11385685 | 10843271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(2)</sup> | 07/03/35 | 20500413 | 16497092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ghana** (Cost: $28,328,351) |  |  | 30384433 |
|  **Guatemala—0.6%** |  |  |  |
|  Guatemala Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%<sup>(2)</sup> | 10/07/33 | 4054000 | 3464589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%<sup>(1)</sup> | 06/01/30 | 1554000 | 1529820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 04/24/32 | 3395000 | 3342513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%<sup>(2)</sup> | 08/06/31 | 2682000 | 2738805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%<sup>(2)</sup> | 02/06/37 | 5153000 | 5244517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%<sup>(2)</sup> | 06/13/36 | 5062000 | 5194878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Guatemala** (Cost: $20,882,206) |  |  | 21515122 |
|  **Honduras—0.3%** (Cost: $9,515,017) |  |  |  |
|  Honduras Government International Bonds<br>8.63%<sup>(2)</sup> | 11/27/34 | 9500000 | 9953245 |
|  **Hungary—1.1%** |  |  |  |
|  Hungary Government International Bonds | Hungary Government International Bonds | Hungary Government International Bonds | Hungary Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%<sup>(1)</sup> | 09/21/51 | 1270000 | 764019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 06/16/34 | 3024000 | 2990918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 03/26/36 | 2685000 | 2600637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 09/25/52 | 675000 | 695399 |
|  Magyar Export-Import Bank Zrt<br>6.13%<sup>(2)</sup> | 12/04/27 | 3162000 | 3240070 |
|  MVM Energetika Zrt |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 03/13/31 | 10701000 | 11078424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 06/09/28 | 14622000 | 15381759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Hungary** (Cost: $35,540,175) |  |  | 36751226 |
|  **Indonesia—2.8%** |  |  |  |
|  Freeport Indonesia PT<br>5.32%<sup>(2)</sup> | 04/14/32 | $10182000 | $10243296 |
|  Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT<br>5.45%<sup>(2)</sup> | 05/15/30 | 11675000 | 11961037 |
|  Indonesia Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85% | 02/14/30 | 6999000 | 6562612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40% | 03/10/29 | 9408000 | 9462002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 02/10/34 | 12180000 | 11952234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 09/10/34 | 10382000 | 10209347 |
|  Perusahaan Penerbit SBSN Indonesia III<br>5.60%<sup>(2)</sup> | 11/15/33 | 22819000 | 23881453 |
|  Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<br>4.88%<sup>(1)</sup> | 07/17/49 | 12225000 | 10130002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Indonesia** (Cost: $90,525,042) |  |  | 94401983 |
|  **Israel—1.0%** |  |  |  |
|  Israel Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 03/12/29 | 7864000 | 8016955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 03/12/34 | 18413000 | 18566933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 03/12/54 | 7018000 | 6532214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Israel** (Cost: $32,441,940) |  |  | 33116102 |
|  **Ivory Coast—2.1%** |  |  |  |
|  Ivory Coast Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 12/31/32 | 446945 | 430493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 06/15/33 | 13553000 | 12534085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 03/03/28 | 1235000 | 1244361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(1)</sup> | 01/30/33 | 10334000 | 10358285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.08%<sup>(2)</sup> | 04/01/36 | 41776000 | 41243774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 01/30/37 | 4700000 | 4649522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ivory Coast** (Cost: $65,146,244) |  |  | 70460520 |
|  **Jamaica—0.3%** |  |  |  |
|  Digicel International Finance Ltd./Difl U.S. LLC (Jamaica)<br>8.63%<sup>(2),(6)</sup> | 08/01/32 | 4750000 | 4804055 |
|  Montego Bay Airport Revenue Finance Ltd. (Jamaica)<br>6.60%<sup>(2)</sup> | 06/15/35 | 5300000 | 5303763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Jamaica** (Cost: $10,043,917) |  |  | 10107818 |
|  **Kazakhstan—1.7%** |  |  |  |
|  Baiterek National Managing Holding JSC<br>5.45%<sup>(2)</sup> | 05/08/28 | 8326000 | 8419251 |
|  ForteBank JSC<br>7.75%<sup>(2)</sup> | 02/04/30 | 7250000 | 7426755 |
|  Kaspi.KZ JSC<br>6.25%<sup>(2)</sup> | 03/26/30 | 10065000 | 10271031 |
|  Kazakhstan Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(2)</sup> | 07/01/32 | 6611000 | 6627065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(2)</sup> | 07/01/37 | 5289000 | 5299419 |
|  KazMunayGas National Co. JSC<br>5.75%<sup>(1)</sup> | 04/19/47 | 22483000 | 19761208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Kazakhstan** (Cost: $54,824,376) |  |  | 57804729 |
|  **Lebanon—0.4%** |  |  |  |
|  Lebanon Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1),(7)</sup> | 04/14/20 | 39245000 | 7284264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(1),(7)</sup> | 01/27/23 | 9185000 | 1706665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65%<sup>(1),(7)</sup> | 04/22/24 | 14771000 | 2747554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.20%<sup>(1),(7)</sup> | 05/17/33 | 8635000 | 1618458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Lebanon** (Cost: $4,519,364) |  |  | 13356941 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Mexico—5.9%** |  |  |  |
|  Cemex SAB de CV (Mexico)<br>7.20% (5 yr. CMT + 3.520%)<sup>(2),(4),(8)</sup> | 06/10/30 | $16523000 | $16874444 |
|  Comision Federal de Electricidad<br>6.45%<sup>(2)</sup> | 01/24/35 | 8719000 | 8573916 |
|  FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple<br>7.25%<sup>(2)</sup> | 01/31/41 | 11916794 | 12206015 |
|  Mexico Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.34% | 05/04/53 | 22209000 | 20321457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | 02/09/35 | 48816000 | 49694688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 05/13/37 | 24885000 | 25767671 |
|  Orbia Advance Corp. SAB de CV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.80%<sup>(2)</sup> | 05/13/30 | 2633000 | 2692374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(2)</sup> | 05/13/35 | 7237000 | 7477413 |
|  Petroleos Mexicanos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38% | 01/23/45 | 6512000 | 4916560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50% | 03/13/27 | 4790000 | 4788994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 06/15/35 | 10609000 | 9467684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70% | 02/16/32 | 12372000 | 11795093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.69% | 01/23/50 | 5315000 | 4509246 |
|  Petroleos Mexicanos (Mexico) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 01/28/31 | 17177000 | 15959151 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 09/21/47 | 4863000 | 3765810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mexico** (Cost: $190,257,060) |  |  | 198810516 |
|  **Mongolia—0.2%** |  |  |  |
|  Mongolia Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%<sup>(1)</sup> | 07/07/31 | 4000000 | 3537160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.65%<sup>(1)</sup> | 01/19/28 | 2855000 | 3024216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mongolia** (Cost: $6,536,962) |  |  | 6561376 |
|  **Morocco—0.9%** |  |  |  |
|  Morocco Government International Bonds | Morocco Government International Bonds | Morocco Government International Bonds | Morocco Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(2)</sup> | 03/08/28 | 6925000 | 7122570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(2)</sup> | 09/08/33 | 6706000 | 7103398 |
|  OCP SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%<sup>(2)</sup> | 04/30/30 | 2753000 | 2805995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70%<sup>(2)</sup> | 03/01/36 | 4978000 | 5045900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(2)</sup> | 05/02/54 | 8947000 | 9059285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Morocco** (Cost: $29,857,321) |  |  | 31137148 |
|  **Mozambique—0.2%** (Cost: $8,272,191) |  |  |  |
|  Mozambique International Bonds<br>9.00%<sup>(1)</sup> | 09/15/31 | 9643000 | 8413903 |
|  **Oman—2.4%** |  |  |  |
|  Oman Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(1)</sup> | 08/01/29 | 30247000 | 31809257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(2)</sup> | 01/25/31 | 34895000 | 37464668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 03/08/47 | 11604000 | 12225278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Oman** (Cost: $77,053,316) |  |  | 81499203 |
|  **Pakistan—0.8%** (Cost: $23,786,421) |  |  |  |
|  Pakistan Government International Bonds<br>7.38%<sup>(1)</sup> | 04/08/31 | 29765000 | 27974933 |
|  **Panama—2.7%** |  |  |  |
|  C&W Senior Finance Ltd.<br>9.00%<sup>(2)</sup> | 01/15/33 | $14215000 | $14672723 |
|  Panama Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16% | 01/23/30 | 22770000 | 20544688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 04/16/50 | 25392000 | 17421197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 02/14/35 | 18110000 | 17826216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 03/01/31 | 5390000 | 5774684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88% | 03/01/57 | 9760000 | 10190026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 03/01/38 | 6544000 | 7097426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Panama** (Cost: $91,668,955) |  |  | 93526960 |
|  **Peru—2.4%** |  |  |  |
|  Banco de Credito del Peru SA<br>5.80% (5 yr. CMT + 2.240%)<sup>(2),(4)</sup> | 03/10/35 | 6189000 | 6213013 |
|  Corp. Financiera de Desarrollo SA<br>5.50%<sup>(2)</sup> | 05/06/30 | 12156000 | 12311354 |
|  Peru Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55% | 03/14/37 | 7242000 | 7865174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.86% | 12/01/32 | 7516000 | 6040835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 01/15/34 | 31957000 | 26922175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 02/08/35 | 13676000 | 13637844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20% | 06/30/55 | 7740000 | 7769644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Peru** (Cost: $79,819,958) |  |  | 80760039 |
|  **Philippines—2.0%** |  |  |  |
|  Philippines Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% | 01/06/32 | 6450000 | 5472567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 02/01/28 | 8925000 | 8638150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20% | 07/06/46 | 12051000 | 8549100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56% | 09/29/32 | 37095000 | 34465335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.90% | 02/04/50 | 10617000 | 10909605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Philippines** (Cost: $68,411,898) |  |  | 68034757 |
|  **Poland—3.4%** |  |  |  |
|  Bank Gospodarstwa Krajowego<br>5.75%<sup>(2)</sup> | 07/09/34 | 20474000 | 21154146 |
|  Bank Gospodarstwa Krajowego (Poland)<br>6.25%<sup>(1)</sup> | 07/09/54 | 9341000 | 9304477 |
|  Republic of Poland Government International Bonds | Republic of Poland Government International Bonds | Republic of Poland Government International Bonds | Republic of Poland Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 03/18/29 | 22738000 | 22994485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 10/04/33 | 17334000 | 17254264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 02/12/30 | 7660000 | 7823771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 02/12/35 | 3143000 | 3202214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 03/18/54 | 33539000 | 31352928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 11/16/32 | 2365000 | 2493892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Poland** (Cost: $114,043,636) |  |  | 115580177 |
|  **Romania—5.6%** |  |  |  |
|  Romania Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(1)</sup> | 02/14/51 | 2544000 | 1656806 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 03/24/35 | 6406000 | 6073208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(2)</sup> | 09/16/30 | 10704000 | 10755700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(2)</sup> | 01/30/29 | 35176000 | 35752887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(2)</sup> | 05/25/34 | 13986000 | 13641245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(2)</sup> | 01/30/34 | 34880000 | 34817216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%<sup>(2)</sup> | 05/16/36 | 12500000 | 12483000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(2)</sup> | 01/17/33 | 40538000 | 43003521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 02/10/37 | 5838000 | 6203634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(2)</sup> | 01/17/53 | 23402000 | 24466791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Romania** (Cost: $182,724,960) |  |  | 188854008 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Saudi Arabia—6.9%** |  |  |  |
|  Greensaif Pipelines Bidco SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(2)</sup> | 02/23/38 | $62260000 | $64824489 |
|  Saudi Arabian Oil Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(2)</sup> | 07/17/34 | 37250000 | 37700353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(2)</sup> | 06/02/55 | 16300000 | 16481908 |
|  Saudi Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%<sup>(2)</sup> | 03/05/32 | 7660000 | 8802320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(2)</sup> | 03/05/37 | 13005000 | 14657131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(2)</sup> | 01/16/30 | $32111000 | 32468396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 01/18/53 | 4500000 | 3884805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 01/16/34 | 24807000 | 24924585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(2)</sup> | 01/16/54 | 30067000 | 28945501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Saudi Arabia** (Cost: $227,733,622) |  |  | 232689488 |
|  **Senegal—3.0%** |  |  |  |
|  Senegal Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(1)</sup> | 05/23/33 | 67606000 | 50359034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 06/10/31 | 61011000 | 49963738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Senegal (**Cost: $113,197,175)  |  |  | 100322772 |
|  **Serbia—0.2%** (Cost: $7,565,000) |  |  |  |
|  Telecommunications Co. Telekom Srbija AD Belgrade |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(2)</sup> | 10/28/29 | 7565000 | 7592385 |
|  **South Africa—2.4%** |  |  |  |
|  Eskom Holdings SOC Ltd.<br>8.45%<sup>(1)</sup> | 08/10/28 | 27969000 | 29529670 |
|  Republic of South Africa Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85% | 09/30/29 | 6766000 | 6528852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 10/12/46 | 9801000 | 6835021 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 09/27/47 | 20275000 | 15243962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 09/30/49 | 6929000 | 5189336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 04/20/32 | 11276000 | 11020486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/22/30 | 6106000 | 6080477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $77,342,378) |  |  | 80427804 |
|  **Sri Lanka—1.1%** | **Sri Lanka—1.1%** | **Sri Lanka—1.1%** | **Sri Lanka—1.1%** |
|  Sri Lanka Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%<sup>(2)</sup> | 01/15/30 | 18786360 | 17001844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%<sup>(2)</sup> | 05/15/36 | 11160025 | 9381563 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%<sup>(2)</sup> | 06/15/35 | 7737529 | 5515620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%<sup>(1)</sup> | 02/15/38 | 5385000 | 4519092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Sri Lanka** (Cost: $34,024,991) |  |  | 36418119 |
|  **Trinidad And Tobago—0.5%** (Cost: $18,219,073) |  |  |  |
|  Port of Spain Waterfront Development<br>7.88%<sup>(2)</sup> | 02/19/40 | 18345000 | 18054415 |
|  **Turkey—4.1%** |  |  |  |
|  Akbank TAS<br>9.37% (5 yr. CMT + 5.270%)<sup>(2),(4),(8)</sup> | 03/14/29 | 16404000 | 17049005 |
|  Hazine Mustesarligi Varlik Kiralama AS<br>8.51%<sup>(2)</sup> | 01/14/29 | 22393000 | 23946403 |
|  Istanbul Metropolitan Municipality<br>10.50%<sup>(2)</sup> | 12/06/28 | 29215000 | 31726321 |
|  Limak Cimento Sanayi ve Ticaret AS<br>9.75%<sup>(1)</sup> | 07/25/29 | 13392000 | 13743540 |
|  TAV Havalimanlari Holding AS<br>8.50%<sup>(1)</sup> | 12/07/28 | $5526000 | $5803847 |
|  Turkiye Vakiflar Bankasi TAO<br>10.12% (5 yr. CMT + 5.493%)<sup>(2),(4),(8)</sup> | 04/24/29 | 16337000 | 17321794 |
|  Yapi ve Kredi Bankasi AS<br>9.25% (5 yr. CMT + 5.278%)<sup>(2),(4)</sup> | 01/17/34 | 10263000 | 10804271 |
|  Zorlu Enerji Elektrik Uretim AS<br>11.00%<sup>(2)</sup> | 04/23/30 | 21000000 | 20491170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Turkey** (Cost: $136,051,536) |  |  | 140886351 |
|  **Ukraine—2.2%** |  |  |  |
|  NAK Naftogaz Ukraine via Kondor Finance PLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(1),(3),(7)</sup> | 07/19/26 | 2780000 | 2740749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(1),(3)</sup> | 11/08/28 | $3668473 | 2871681 |
|  Ukraine Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(7),(9)</sup> | 08/01/41 | 15913000 | 11862505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(2)</sup> | 02/01/34 | 22576635 | 8608471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(2)</sup> | 02/01/36 | 8376390 | 3949719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%<sup>(2)</sup> | 02/01/34 | 21352581 | 11053591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%<sup>(2)</sup> | 02/01/35 | 32114191 | 16486783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%<sup>(2)</sup> | 02/01/36 | 13241573 | 6706989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 02/01/30 | 10911800 | 5153098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 02/01/35 | 7494323 | 3535447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 02/01/29 | 1558621 | 957211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ukraine** (Cost: $68,052,739) |  |  | 73926244 |
|  **United Arab Emirates—4.0%** |  |  |  |
|  Abu Dhabi Government International Bonds<br>3.13%<sup>(1)</sup> | 09/30/49 | 14995000 | 10306064 |
|  Adnoc Murban Rsc Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(2)</sup> | 09/11/34 | 28185000 | 27628910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(2)</sup> | 09/11/54 | 17129000 | 15788313 |
|  Galaxy Pipeline Assets Bidco Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%<sup>(2)</sup> | 03/31/36 | 42830000 | 36854358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%<sup>(2)</sup> | 09/30/40 | 25407282 | 21064161 |
|  MDGH GMTN RSC Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 11/22/33 | 12475000 | 12034632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 04/28/33 | 5900000 | 6176415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 05/01/34 | 7105000 | 7590556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United Arab Emirates** (Cost: $140,212,298) |  |  | 137443409 |
|  **Uruguay—1.2%** |  |  |  |
|  Uruguay Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% | 01/23/31 | 5622981 | 5611173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.44% | 02/14/37 | 29635115 | 30281753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 10/28/34 | 4900000 | 5145049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Uruguay** (Cost: $40,300,118) |  |  | 41037975 |
|  **Uzbekistan—1.0%** |  |  |  |
|  Republic of Uzbekistan International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%<sup>(1)</sup> | 11/25/30 | 6875000 | 6156287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%<sup>(1)</sup> | 10/19/31 | 6450000 | 5710508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 02/20/29 | 6600000 | 6518292 |
|  Uzbekneftegaz JSC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%<sup>(2)</sup> | 05/07/30 | 14506000 | 15194310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Uzbekistan** (Cost: $32,089,375) |  |  | 33579397 |
|  **Venezuela—0.9%** |  |  |  |
|  Petroleos de Venezuela SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1),(7)</sup> | 04/12/27 | 26874300 | 3762133 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Venezuela (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(1),(7)</sup> | 05/16/24 | $27627497 | $3889952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%<sup>(1),(7)</sup> | 11/17/21 | 18044846 | 2574097 |
|  Venezuela Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1),(7)</sup> | 10/13/19 | 6714500 | 1086070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1),(7)</sup> | 10/13/24 | 18932000 | 3527410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(7)</sup> | 09/15/27 | 36220200 | 7973515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(1),(7)</sup> | 05/07/28 | 33003200 | 6625062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1),(7)</sup> | 10/21/26 | 2795600 | 612460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.95%<sup>(1),(7)</sup> | 08/05/31 | 5587900 | 1170498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Venezuela** (Cost: $40,058,986) |  |  | 31221197 |
|  **Zambia—0.3%** |  |  |  |
|  Zambia Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%<sup>(1)</sup> | 12/31/53 | 7400000 | 5414210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 06/30/33 | 4242360 | 3942849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Zambia** (Cost: $7,531,701) |  |  | 9357059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $3,127,864,543) |  |  | 3266194693 |
| **Security** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS—1.7%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(10)</sup> |  | 20324797 | 20324797 |
|  TCW Central Cash Fund,<br>4.34%<sup>(10),(11)</sup> |  | 38160000 | 38160000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $58,484,797) |  |  | 58484797 |
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **SHORT-TERM INVESTMENT—1.2%** |  |  |  |
|  Nigeria OMO Bills |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(5)</sup> | 10/22/25 | 16700000000 | 10298283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(5)</sup> | 11/25/25 | 8865072000 | 5445241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(5)</sup> | 12/02/25 | 15355185000 | 9222601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(5)</sup> | 12/09/25 | 18771214000 | 11275140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(5)</sup> | 01/06/26 | 8688000000 | 5110509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Short Term Investments** (Cost: $39,273,917) |  |  | 41351774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (99.4%)** (Cost: $3,225,623,257) |  |  | 3366031264 |
|  **Liabilities In Excess Of Other Assets (0.6%)** |  |  | 19418159 |
|  **Net Assets (100.0%)** |  |  | $3385449423 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for<br>USD** | **Contracts at<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL <sup>(12)</sup>** | | |  |  |  |  |
|  BNP Paribas S.A. | EUR | 23400000 | 09/26/25 | 27334838 | 26876565 | 458273 |
|  |  |  |  | $27334838 | $26876565 | $458273 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| EUR | Euro Currency. |
| NGN | Nigeria Naira. |
| (1) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At July 31, 2025, the value of these securities amounted to $916,668,981 or 27.1% of net assets. |
| (2) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At July 31, 2025, the value of these securities amounted to $1,396,742,689 or 41.3% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (3) | Payment in kind. |
| (4) | Floating or variable rate security. The interest shown reflects the rate in effect at July 31, 2025. |
| (5) | Security is not accruing interest. |
| (6) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (7) | Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued. |
| (8) | Perpetual maturity. |
| (9) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (10) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (11) | Affiliated issuer. |
| (12) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

The summary of the TCW Emerging Markets Income Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds<br>from Sales** | **Number of<br>Shares Held<br>July 31,<br>2025** | **Value at July 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $20160000 | $773670000 | $755670000 | 38160000 | $38160000 | $1965379 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $38160000 | $1965379 | $– $– $|  |

---

------

**TCW Emerging Markets Income Fund** 

Investments by Sector (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Foreign Government Bonds | 64.4% |
|  Oil & Gas | 8.2 |
|  Electric | 4.3 |
|  Mining | 3.7 |
|  Pipelines | 3.6 |
|  Banks | 3.2 |
|  Iron & Steel | 1.3 |
|  Municipal Bonds | 0.9 |
|  Building Materials | 0.9 |
|  Chemicals | 0.8 |
|  Investment Companies | 0.8 |
|  Telecommunications | 0.8 |
|  Oil & Gas Services | 0.6 |
|  Real Estate | 0.5 |
|  Airlines | 0.5 |
|  Regional (State & Province) | 0.5 |
|  Water | 0.4 |
|  Engineering & Construction | 0.3 |
|  Commercial Services | 0.3 |
|  Transportation | 0.3 |
|  Distribution &Wholesale | 0.2 |
|  Short-Term Investments | 1.2 |
|  Money Market Investments | 1.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.4% |

---

------

**TCW Emerging Markets Income Fund** 

Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds | $— | $2181450375 | $— | $2181450375 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil & Gas |  | 277101703 |  | 277101703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric |  | 146059090 |  | 146059090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mining |  | 125430304 |  | 125430304 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pipelines |  | 122743008 |  | 122743008 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banks |  | 108444233 |  | 108444233 |
| &nbsp;&nbsp;&nbsp;&nbsp; Iron & Steel |  | 41893727 |  | 41893727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Government Regional/Local |  | 31726321 |  | 31726321 |
| &nbsp;&nbsp;&nbsp;&nbsp; Building Materials |  | 30617984 |  | 30617984 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals |  | 27080967 |  | 27080967 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies |  | 25801603 |  | 25801603 |
| &nbsp;&nbsp;&nbsp;&nbsp; Telecommunications |  | 25046176 |  | 25046176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil & Gas Services |  | 19472504 |  | 19472504 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate |  | 18054415 |  | 18054415 |
| &nbsp;&nbsp;&nbsp;&nbsp; Airlines |  | 17620938 |  | 17620938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Regional (State & Province) |  | 16310179 |  | 16310179 |
| &nbsp;&nbsp;&nbsp;&nbsp; Water |  | 13755102 |  | 13755102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Engineering & Construction |  | 11107610 |  | 11107610 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Services |  | 10271031 |  | 10271031 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation |  | 8615038 |  | 8615038 |
| &nbsp;&nbsp;&nbsp;&nbsp; Distribution & Wholesale |  | 7592385 |  | 7592385 |
|  Total Fixed Income Securities |  | 3266194693 |  | 3266194693 |
|  Money Market Fund | 58484797 |  |  | 58484797 |
|  Short Term Investments |  | 41351774 |  | 41351774 |
|  Total Investments | $58484797 | $3307546467 | $— | $3366031264 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 458273 |  | 458273 |
|  Total | $58484797 | $3308004740 | $— | $3366489537 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—89.1% of Net Assets** |  |  |  |  |
|  **Brazil—11.1%** |  |  |  |  |
|  Brazil Notas do Tesouro Nacional<br>6.00% | 05/15/35 | BRL$ | 2950000 | $2155469 |
|  Brazil Notas do Tesouro Nacional Series F |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00% | 01/01/31 | BRL | 11016000 | 1696434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%<sup>(1)</sup> | 01/01/29 | BRL | 12121000 | 1969105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $6,005,061) |  |  |  | 5821008 |
|  **Chile—1.7%** |  |  |  |  |
|  Bonos de la Tesoreria de la Republica en pesos |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 03/01/35 | CLP | 300000000 | 294282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(2)</sup> | 10/01/28 | CLP | 270000000 | 275235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(2)</sup> | 04/01/33 | CLP | 310000000 | 331540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Chile** (Cost: $971,829) |  |  |  | 901057 |
|  **China—3.9%** |  |  |  |  |
|  China Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.11% | 08/25/34 | CNY | 6520000 | 935510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% | 05/20/54 | CNY | 7160000 | 1123587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total China** (Cost: $2,037,180) |  |  |  | 2059097 |
|  **Colombia—4.9%** |  |  |  |  |
|  Colombia TES |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25% | 10/18/34 | COP | 1153900000 | 207330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25% | 05/28/42 | COP | 2892100000 | 552148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13.25% | 02/09/33 | COP | 1558700000 | 400691 |
|  Colombia TES Series B<br>6.25% | 07/09/36 | COP | 8668600000 | 1379441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Colombia** (Cost: $2,555,026) |  |  |  | 2539610 |
|  **Czech Republic—3.1%** |  |  |  |  |
|  Czech Republic Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%<sup>(2)</sup> | 05/15/30 | CZK | 6730000 | 273540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20% | 03/13/31 | CZK | 11910000 | 478256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50% | 04/24/40 | CZK | 15930000 | 493345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 06/23/32 | CZK | 10050000 | 403220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Czech Republic** (Cost: $1,542,364) |  |  |  | 1648361 |
|  **Egypt—2.2%** |  |  |  |  |
|  Egypt Treasury Bills |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 09/16/25 | EGP | 25800000 | 513187 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 10/14/25 | EGP | 11100000 | 216177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 10/28/25 | EGP | 20900000 | 402915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Egypt** (Cost: $1,108,959) |  |  |  | 1132279 |
|  **Hungary—2.6%** |  |  |  |  |
|  Hungary Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 04/20/33 | HUF | 213350000 | 442120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 11/24/32 | HUF | 63970000 | 161066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% | 10/24/35 | HUF | 267300000 | 756441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Hungary** (Cost: $1,376,801) |  |  |  | 1359627 |
|  **India—9.4%** |  |  |  |  |
|  India Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 12/23/29 | INR | 60680000 | 712695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.09% | 08/05/54 | INR | 60040000 | 691272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.10% | 04/08/34 | INR | 125540000 | 1495051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.17% | 04/17/30 | INR | 5000000 | 59689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.18% | 08/14/33 | INR$ | 162000000 | 1936723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total India** (Cost: $4,957,847) |  |  |  | 4895430 |
|  **Indonesia—7.2%** |  |  |  |  |
|  Indonesia Treasury Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50% | 07/15/30 | IDR | 8727000000 | 537839 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 07/15/35 | IDR | 16174000000 | 997303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% | 09/15/30 | IDR | 8958000000 | 563742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13% | 08/15/40 | IDR | 17433000000 | 1086842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13% | 08/15/45 | IDR | 2936000000 | 183167 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 03/15/29 | IDR | 5983000000 | 398314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Indonesia** (Cost: $3,807,700) |  |  |  | 3767207 |
|  **Malaysia—8.0%** |  |  |  |  |
|  Malaysia Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 04/15/31 | MYR | 3420000 | 775927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58% | 07/15/32 | MYR | 1655000 | 394771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% | 06/15/28 | MYR | 1821000 | 434585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76% | 05/22/40 | MYR | 411000 | 97692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05% | 04/18/39 | MYR | 2075000 | 510810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76% | 04/07/37 | MYR | 3897000 | 1019524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.89% | 06/08/38 | MYR | 3500000 | 930959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Malaysia** (Cost: $3,691,013) |  |  |  | 4164268 |
|  **Mexico—6.0%** |  |  |  |  |
|  Mexico Bonos |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 05/26/33 | MXN | 19198100 | 927302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 11/23/34 | MXN | 18900000 | 911067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 11/13/42 | MXN | 8500000 | 372066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 11/07/47 | MXN | 4047400 | 177915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 11/18/38 | MXN | 15963000 | 776433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mexico** (Cost: $3,025,178) |  |  |  | 3164783 |
|  **Philippines—1.9%** (Cost: $1,035,165) |  |  |  |  |
|  Philippines Government Bonds<br>6.38% | 04/28/35 | PHP | 57380000 | 999469 |
|  **Poland—7.0%** |  |  |  |  |
|  Republic of Poland Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | 10/25/30 | PLN | 3288000 | 736348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 04/25/32 | PLN | 4986000 | 1086732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 10/25/34 | PLN | 7025000 | 1831034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Poland** (Cost: $3,341,982) |  |  |  | 3654114 |
|  **Romania—3.1%** |  |  |  |  |
|  Romania Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15% | 01/26/28 | RON | 2230000 | 470027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 10/11/34 | RON | 1590000 | 302323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80% | 07/26/27 | RON | 1560000 | 343647 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70% | 02/25/32 | RON | 1590000 | 347782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20% | 10/30/33 | RON | 805000 | 180961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Romania** (Cost: $1,565,263) |  |  |  | 1644740 |
|  **South Africa—8.7%** |  |  |  |  |
|  Republic of South Africa Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 03/31/36 | ZAR | 13058199 | 551445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% | 02/28/31 | ZAR | 6500000 | 335725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25% | 03/31/32 | ZAR | 8603550 | 460959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 01/31/37 | ZAR | 13500000 | 663939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75% | 01/31/44 | ZAR | 6502150 | 301664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88% | 02/28/35 | ZAR | 22122924 | 1167276 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **South Africa (Continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 01/31/40 | ZAR | $9827499 | $482166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.50% | 12/21/26 | ZAR | 9800000 | 561677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $4,485,059) |  |  |  | 4524851 |
|  **Thailand—4.9%** |  |  |  |  |
|  Thailand Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80% | 06/17/34 | THB | 11480000 | 390162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.39% | 06/17/37 | THB | 15748000 | 572725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45% | 06/17/43 | THB | 42658000 | 1586909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Thailand** (Cost: $2,047,547) |  |  |  | 2549796 |
|  **Turkey—1.3%** (Cost: $663,591) |  |  |  |  |
|  Turkiye Government Bonds<br>30.00% | 09/12/29 | TRY | 29300000 | 664330 |
|  **Uganda—2.1%** |  |  |  |  |
|  Republic of Uganda Government Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 16.00% | 05/14/37 | UGX | 527200000 | 138725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16.25% | 11/08/35 | UGX | 3540000000 | 960224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Uganda** (Cost: $1,085,929) |  |  |  | 1098949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $45,303,494) |  |  |  | 46588976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS<sup>(6)</sup> (0.0%)** (Cost: $61,968) |  |  |  | 15560 |
| **Security** |  | **Shares** | **Shares** |  |
|  **MONEY MARKET INVESTMENTS—3.0%** |  |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(4)</sup> |  |  | 381498 | 381498 |
|  TCW Central Cash Fund, 4.34%<sup>(4),(5)</sup> |  |  | 1160000 | 1160000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $1,541,498) |  |  |  | 1541498 |
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** |  |
|  **SHORT TERM INVESTMENTS—6.5%** |  |  |  |  |
|  **Short-Term Investment—6.5%** |  |  |  |  |
|  **Egypt—1.1%** (Cost: $543,991) |  |  |  |  |
|  Egypt Treasury Bills<br>0.00%<sup>(3)</sup> | 09/09/25 | EGP | 28275000 | 565484 |
|  **Nigeria —5.4%** |  |  |  |  |
|  Nigeria OMO Bills |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 08/19/25 | NGN | 1430000000 | 921203 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 11/04/25 | NGN | 1545000000 | 944327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 12/02/25 | NGN | 183014000 | 109921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 12/09/25 | NGN | 279445000 | 167852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(3)</sup> | 03/17/26 | NGN | 1220000000 | 687858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Nigeria** (Cost: $2,748,609) |  |  |  | 2831161 |
|  **Total Short-term Investment** (Cost: $3,292,600) |  |  |  | 3396645 |
|  **Total Short Term Investments** (Cost: $3,292,600) |  |  |  | 3396645 |
|  **Total Investments (98.6%)** (Cost: $50,199,560) |  |  |  | 51542679 |
|  **Liabilities In Excess Of Other Assets (1.4%)** |  |  |  | 750176 |
|  **Net Assets (100.0%)** |  |  |  | $52292855 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

**FORWARD CURRENCY EXCHANGE CONTRACTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for<br>USD** | **Contracts at<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(7)</sup>** |  |  |  |  |  |  |
|  JPMorgan Chase Bank | BRL | 10063012 | 10/27/25 | 1688000 | 1760324 | 72324 |
|  Morgan Stanley & Co. | CLP | 96368100 | 10/10/25 | 102021 | 98423 | (3598) |
|  JPMorgan Chase Bank | CLP | 794317132 | 10/10/25 | 835244 | 811255 | (23989) |
|  Barclays Capital | COP | 1721456999 | 09/26/25 | 420896 | 410910 | (9986) |
|  Morgan Stanley & Co. | COP | 1711513549 | 10/07/25 | 417953 | 408034 | (9919) |
|  BNP Paribas S.A. | CZK | 17650000 | 10/07/25 | 845063 | 822950 | (22113) |
|  Morgan Stanley & Co. | EGP | 13411200 | 09/23/25 | 254000 | 268634 | 14634 |
|  Morgan Stanley & Co. | EUR | 826600 | 08/07/25 | 971436 | 946272 | (25164) |
|  BNP Paribas S.A. | EUR | 1300500 | 08/14/25 | 1526038 | 1489470 | (36568) |
|  Barclays Capital | IDR | 6658801288 | 08/22/25 | 404127 | 404481 | 354 |
|  Standard Chartered Bank | IDR | 17060687824 | 08/22/25 | 1042511 | 1036332 | (6179) |
|  Barclays Capital | INR | 96856706 | 10/14/25 | 1123449 | 1102098 | (21351) |
|  Bank of America | JPY | 76078400 | 09/16/25 | 531949 | 507946 | (24003) |
|  Barclays Capital | JPY | 198974982 | 09/16/25 | 1365322 | 1328480 | (36842) |
|  Barclays Capital | KRW | 1905155239 | 09/16/25 | 1350982 | 1377038 | 26056 |
|  Bank of America | KRW | 720034200 | 09/16/25 | 529827 | 520438 | (9389) |
|  BNP Paribas S.A. | MXN | 27827900 | 08/11/25 | 1401232 | 1476743 | 75511 |
|  Goldman Sachs & Co. | MXN | 13285700 | 10/27/25 | 701851 | 699220 | (2631) |
|  Barclays Capital | MYR | 2326135 | 08/18/25 | 544699 | 545700 | 1001 |
|  Morgan Stanley & Co. | MYR | 4635648 | 09/08/25 | 1096547 | 1088401 | (8146) |
|  BNP Paribas S.A. | PHP | 19166800 | 08/29/25 | 336528 | 328351 | (8177) |
|  Morgan Stanley & Co. | PLN | 3449647 | 09/09/25 | 921287 | 923251 | 1964 |
|  Barclays Capital | THB | 72169675 | 09/08/25 | 2227322 | 2214414 | (12908) |
|  Bank of America | THB | 25014710 | 09/16/25 | 768855 | 768038 | (817) |
|  Morgan Stanley & Co. | TRY | 23988501 | 09/08/25 | 565900 | 572854 | 6954 |
|  |  |  |  | $21973039 | $21910057 | $(62982) |
|  **SELL<sup>(8)</sup>** |  |  |  |  |  |  |
|  Barclays Capital | BRL | 3076053 | 10/27/25 | 540179 | 538094 | 2085 |
|  BNP Paribas S.A. | BRL | 9258023 | 10/27/25 | 1563643 | 1619507 | (55864) |
|  BNP Paribas S.A. | COP | 569624096 | 09/26/25 | 137601 | 135969 | 1632 |
|  Barclays Capital | COP | 1151832903 | 09/26/25 | 281288 | 274941 | 6347 |
|  Bank of America | COP | 4593221500 | 10/07/25 | 1130500 | 1095049 | 35451 |
|  Morgan Stanley & Co. | EGP | 13411200 | 09/23/25 | 261631 | 268634 | (7003) |
|  Morgan Stanley & Co. | HUF | 335979200 | 08/07/25 | 983793 | 961936 | 21857 |
|  Bank of America | HUF | 499749000 | 08/14/25 | 1465046 | 1430303 | 34743 |
|  Morgan Stanley & Co. | MXN | 33886600 | 10/27/25 | 1688000 | 1783436 | (95436) |
|  Barclays Capital | PHP | 58069900 | 08/29/25 | 1039487 | 994808 | 44679 |
|  BNP Paribas S.A. | PHP | 20849864 | 08/29/25 | 368586 | 357184 | 11402 |
|  Bank of America | SGD | 704729 | 08/18/25 | 544700 | 543785 | 915 |
|  Barclays Capital | SGD | 724338 | 10/14/25 | 569501 | 561343 | 8158 |
|  Bank of America | SGD | 716371 | 10/14/25 | 560476 | 555169 | 5307 |
|  Barclays Capital | THB | 7014444 | 09/08/25 | 213011 | 215227 | (2216) |
|  BNP Paribas S.A. | THB | 89054408 | 09/16/25 | 2691439 | 2734278 | (42839) |
|  Bank of America | THB | 50902159 | 09/16/25 | 1573110 | 1562870 | 10240 |
|  JPMorgan Chase Bank | TRY | 23988501 | 09/08/25 | 526294 | 572854 | (46560) |
|  |  |  |  | $16138285 | $16205387 | $(67102) |

---

**PURCHASED OPTIONS—OTC** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  USD Put / EUR Call | BNP Paribas S.A | USD 1 | 11/5/25 | 2700000 | 2700000 | 15560 | 61968 | (46408) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| BRL | Brazilian Real. |
| CLP | Chilean Peso. |
| CNH | Chinese Yuan Renminbi. |
| CNY | Chinese Yuan. |
| COP | Colombian Peso. |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | |
|:---|:---|
| CZK | Czech Koruna. |
| EGP | Egyptian Pound. |
| EUR | Euro Currency. |
| HUF | Hungarian Forint. |
| IDR | Indonesian Rupiah. |
| INR | Indian Rupee. |
| JPY | Japanese Yen. |
| KRW | South Korean Won. |
| MXN | Mexican Peso. |
| MYR | Malaysian Ringgit. |
| NGN | Nigeria Naira. |
| PEN | Peruvian Nuevo Sol. |
| PLN | Polish Zloty. |
| RON | Romanian New Leu. |
| SGD | Singapore Dollar. |
| THB | Thai Baht. |
| TRY | Turkish New Lira. |
| UGX | Ugandan Shillings. |
| ZAR | South African Rand. |
| (1) | Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued. |
| (2) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At July 31, 2025, the value of these securities amounted to $880,315 or 1.7% of net assets. |
| (3) | Security is not accruing interest. |
| (4) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (5) | Affiliated issuer. |
| (6) | See options table for description of purchased options. |
| (7) | Fund buys foreign currency, sells USD. |
| (8) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

The summary of the TCW Emerging Markets Local Currency Income Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,<br>2025** | **Value at July 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $1580000 | $46118056 | $46538056 | 1160000 | $1160000 | $41412 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $1160000 | $41412 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW Emerging Markets Local Currency Income Fund** |  |
| Investments by Sector (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Foreign Government Bonds | 89.1% |
|  Short-Term Investments | 6.5 |
|  Money Market Investments | 3.0 |
|  Purchased Options | 0.0 \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 98.6% |

---

*\** *Amount rounds to less than 0.1%.* 

------

---

| | |
|:---|:---|
| **TCW Emerging Markets Local Currency Income Fund** |  |
| Fair Valuation Summary (Unaudited) | July 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds | $— | $46588976 | $— | $46588976 |
|  Total Fixed Income Securities |  | 46588976 |  | 46588976 |
|  Short Term Investments |  | 3396645 |  | 3396645 |
|  Money Market Fund | 1541498 |  |  | 1541498 |
|  Purchased Options |  | 15560 |  | 15560 |
|  Total Investments | $1541498 | $50001181 | $— | $51542679 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 381614 |  | 381614 |
|  Total | $1541498 | $50382795 | $— | $51924293 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk | $— | $(511698) | $— | $(511698) |
|  Total | $— | $(511698) | $— | $(511698) |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—106.3%** |  |  |  |
|  **ASSET-BACKED SECURITIES—7.0%** |  |  |  |
|  Adagio CLO VIII DAC Series VIII-X, Class B1<br>3.68% (3 mo. EUR EURIBOR + 1.650%)<sup>(1),(2)</sup> | 04/15/32 | 100000 | $114504 |
|  Arbour CLO II DAC Series 2014-2X, Class ARR<br>2.89% (3 mo. EUR EURIBOR + 0.860%)<sup>(1),(2)</sup> | 04/15/34 | 100000 | 114221 |
|  Arbour CLO III DAC Series 3X, Class B1RR<br>3.68% (3 mo. EUR EURIBOR + 1.650%)<sup>(1),(2)</sup> | 07/15/34 | 100000 | 114150 |
|  Aurium CLO IX DAC Series 9X, Class A<br>2.90% (3 mo. EUR EURIBOR + 0.950%)<sup>(1),(2)</sup> | 10/28/34 | 100000 | 114051 |
|  Bayview Opportunity Master Fund VII LLC Series 2024-EDU1, Class D<br>7.10% (30 day USD SOFR Average + 2.750%)<sup>(1),(3)</sup> | 06/25/47 | 79063 | 80672 |
|  Castlelake Aircraft Structured Trust Series 2019-1A, Class A<br>3.97%<sup>(3)</sup> | 04/15/39 | 93084 | 89411 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class A2<br>6.00%<sup>(3)</sup> | 05/20/55 | 20000 | 20430 |
|  Contego CLO VI DAC Series 6X, Class AR<br>2.82% (3 mo. EUR EURIBOR + 0.790%)<sup>(1),(2)</sup> | 04/15/34 | 100000 | 114008 |
|  eStruxture Issuer LP Series 2025-1, Class A2<br>5.89%<sup>(3)</sup> | 07/20/55 | 55000 | 39976 |
|  Henley CLO VI DAC Series 6X, Class A<br>2.94% (3 mo. EUR EURIBOR + 1.000%)<sup>(1),(2)</sup> | 06/10/34 | 100000 | 114370 |
|  Rockford Tower Europe CLO DAC Series 2021-2X, Class A<br>2.90% (3 mo. EUR EURIBOR + 0.960%)<sup>(1),(2)</sup> | 01/24/35 | 100000 | 114452 |
|  RRE 2 Loan Management DAC Series 2X, Class A2R<br>3.48% (3 mo. EUR EURIBOR + 1.450%)<sup>(1),(2)</sup> | 07/15/35 | 100000 | 114341 |
|  Sabey Data Center Issuer LLC Series 2023-1, Class A2<br>6.25%<sup>(3)</sup> | 04/20/48 | 70000 | 70168 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.45% (90 day USD SOFR Average + 2.112%)<sup>(1)</sup> | 07/25/73 | 50000 | 50482 |
|  Vantage Data Centers Jersey Borrower SPV Ltd. Series 2024-1A, Class A2<br>6.17%<sup>(3)</sup> | 05/28/39 | 100000 | 136158 |
|  **Total Asset-Backed Securities** (Cost: $1,316,646) |  |  | 1401394 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES**—**AGENCY—21.3%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8199<br>2.00% | 03/01/52 | 119803 | 94108 |
|  Federal Home Loan Mortgage Corp., Pool #SD8204<br>2.00%<sup>(4)</sup> | 04/01/52 | 205247 | 161226 |
|  Federal Home Loan Mortgage Corp., Pool #SD8189<br>2.50% | 01/01/52 | 38854 | 31988 |
|  Federal Home Loan Mortgage Corp., Pool #QD7360<br>2.50% | 02/01/52 | $41215 | $33863 |
|  Federal Home Loan Mortgage Corp., Pool #SD8212<br>2.50% | 05/01/52 | 87738 | 72215 |
|  Federal Home Loan Mortgage Corp., Pool #G08721<br>3.00% | 09/01/46 | 2634 | 2325 |
|  Federal Home Loan Mortgage Corp., Pool #G08732<br>3.00% | 11/01/46 | 3742 | 3304 |
|  Federal Home Loan Mortgage Corp., Pool #SD0231<br>3.00% | 01/01/50 | 76803 | 67167 |
|  Federal Home Loan Mortgage Corp., Pool #SD8213<br>3.00% | 05/01/52 | 103073 | 88425 |
|  Federal Home Loan Mortgage Corp., Pool #G08681<br>3.50% | 12/01/45 | 13456 | 12384 |
|  Federal Home Loan Mortgage Corp., Pool #G08698<br>3.50% | 03/01/46 | 12620 | 11556 |
|  Federal Home Loan Mortgage Corp., Pool #G08716<br>3.50% | 08/01/46 | 12903 | 11815 |
|  Federal Home Loan Mortgage Corp., Pool #G08722<br>3.50% | 09/01/46 | 1314 | 1203 |
|  Federal Home Loan Mortgage Corp., Pool #G08762<br>4.00% | 05/01/47 | 11605 | 10913 |
|  Federal Home Loan Mortgage Corp., Pool #ZT1703<br>4.00% | 01/01/49 | 30575 | 28771 |
|  Federal Home Loan Mortgage Corp., Pool #SD8245<br>4.50% | 09/01/52 | 147478 | 140611 |
|  Federal Home Loan Mortgage Corp., Pool #SD8347<br>4.50% | 08/01/53 | 98626 | 93804 |
|  Federal Home Loan Mortgage Corp., Pool #G08833<br>5.00% | 07/01/48 | 1581 | 1573 |
|  Federal Home Loan Mortgage Corp., Pool #SD8491<br>5.00% | 12/01/54 | 19047 | 18550 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3439, Class SC (I/O) (I/F)<br>1.45% (-30 day USD SOFR Average + 5.786%)<sup>(1)</sup> | 04/15/38 | 28385 | 1689 |
|  Federal National Mortgage Association, Pool #MA4204<br>2.00% | 12/01/40 | 46599 | 39772 |
|  Federal National Mortgage Association, Pool #CB3347<br>2.00% | 01/01/52 | 160942 | 126393 |
|  Federal National Mortgage Association, Pool #CB2610<br>2.00% | 01/01/52 | 60692 | 47908 |
|  Federal National Mortgage Association, Pool #BV4119<br>2.50% | 03/01/52 | 52384 | 43040 |
|  Federal National Mortgage Association, Pool #MA4563<br>2.50% | 03/01/52 | 79886 | 65636 |
|  Federal National Mortgage Association, Pool #BV2994<br>2.50% | 04/01/52 | 82647 | 67904 |
|  Federal National Mortgage Association, Pool #MA1527<br>3.00% | 08/01/33 | 7799 | 7436 |
|  Federal National Mortgage Association, Pool #MA2705<br>3.00% | 08/01/46 | 48001 | 42320 |
|  Federal National Mortgage Association, Pool #FM2870<br>3.00% | 03/01/50 | 102449 | 89595 |
|  Federal National Mortgage Association, Pool #MA1652<br>3.50% | 11/01/33 | 12688 | 12262 |
|  Federal National Mortgage Association, Pool #AB3679<br>3.50% | 10/01/41 | 34490 | 32180 |
|  Federal National Mortgage Association, Pool #AB4045<br>3.50% | 12/01/41 | 47033 | 43916 |
|  Federal National Mortgage Association, Pool #AT5914<br>3.50% | 06/01/43 | 15822 | 14637 |
|  Federal National Mortgage Association, Pool #CA0996<br>3.50% | 01/01/48 | 39751 | 36334 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES**—**AGENCY (Continued)** |  |  |  |  |  |
|  Federal National Mortgage Association, Pool #BD7081<br>4.00% | 03/01/47 | $| 12478 | $| 11720 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 |  | 172107 |  | 159294 |
|  Federal National Mortgage Association, Pool #CA2208<br>4.50% | 08/01/48 |  | 1118 |  | 1081 |
|  Federal National Mortgage Association, Pool #MA4733<br>4.50% | 09/01/52 |  | 36473 |  | 34775 |
|  Federal National Mortgage Association, Pool #MA5008<br>4.50% | 05/01/53 |  | 25871 |  | 24610 |
|  Federal National Mortgage Association, Pool #FS7252<br>5.00% | 11/01/53 |  | 67706 |  | 66098 |
|  Federal National Mortgage Association, Pool #MA5107<br>5.50% | 08/01/53 |  | 66404 |  | 66274 |
|  Federal National Mortgage Association REMICS Series 2007-52, Class LS (I/O) (I/F)<br>1.59% (-30 day USD SOFR Average + 5.936%)<sup>(1)</sup> | 06/25/37 |  | 25298 |  | 2150 |
|  Federal National Mortgage Association REMICS Series 2008-18, Class SM (I/O) (I/F)<br>2.54% (-30 day USD SOFR Average + 6.886%)<sup>(1)</sup> | 03/25/38 |  | 28872 |  | 3184 |
|  Federal National Mortgage Association REMICS Series 2009-115, Class SB (I/O) (I/F)<br>1.79% (-30 day USD SOFR Average + 6.136%)<sup>(1)</sup> | 01/25/40 |  | 16362 |  | 1480 |
|  Federal National Mortgage Association REMICS Series 2010-116, Class SE (I/O) (I/F)<br>2.14% (-30 day USD SOFR Average + 6.486%)<sup>(1)</sup> | 10/25/40 |  | 29438 |  | 2463 |
|  Government National Mortgage Association, Pool #MA3662<br>3.00% | 05/20/46 |  | 22085 |  | 19578 |
|  Government National Mortgage Association, Pool #MA3597<br>3.50% | 04/20/46 |  | 8071 |  | 7390 |
|  Government National Mortgage Association, Pool #MA3663<br>3.50% | 05/20/46 |  | 1158 |  | 1060 |
|  Government National Mortgage Association, Pool #MA3803<br>3.50% | 07/20/46 |  | 5392 |  | 4937 |
|  Government National Mortgage Association, Pool #MA4900<br>3.50% | 12/20/47 |  | 24583 |  | 22512 |
|  Government National Mortgage Association, Pool #MA5399<br>4.50% | 08/20/48 |  | 9986 |  | 9672 |
|  Government National Mortgage Association, Pool #MA8347<br>4.50% | 10/20/52 |  | 101430 |  | 97261 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 |  | 72842 |  | 69306 |
|  Government National Mortgage Association, Pool #MA4454<br>5.00% | 05/20/47 |  | 5700 |  | 5707 |
|  Government National Mortgage Association REMICS Series 2011-146, Class EI (I/O) (PAC)<br>5.00% | 11/16/41 |  | 25182 |  | 4919 |
|  Government National Mortgage Association, TBA<br>2.50%<sup>(5)</sup> | 11/01/51 |  | 150000 |  | 126138 |
|  Government National Mortgage Association, TBA, 30 Year<br>4.00%<sup>(5)</sup> | 04/01/52 |  | 225000 |  | 207190 |
|  Government National Mortgage Association, TBA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(5)</sup> | 07/01/54 |  | 100000 |  | 94915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(5)</sup> | 03/01/55 |  | 225000 |  | 219655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(5)</sup> | 03/01/55 |  | 50000 |  | 49877 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(5)</sup> | 09/01/51 |  | 50000 |  | 39141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(5)</sup> | 10/01/51 |  | 100000 |  | 81979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(5)</sup> | 11/01/51 | $| 250000 | $| 214055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(5)</sup> | 12/01/51 |  | 75000 |  | 66950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(5)</sup> | 12/01/51 |  | 100000 |  | 89383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(5)</sup> | 02/01/52 |  | 175000 |  | 161377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(5)</sup> | 02/01/52 |  | 150000 |  | 138370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(5)</sup> | 05/01/54 |  | 350000 |  | 332060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(5)</sup> | 02/01/55 |  | 200000 |  | 194694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(5)</sup> | 02/01/55 |  | 100000 |  | 99479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $4,317,183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $4,317,183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $4,317,183) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $4,317,183) |  | 4287557 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.9%** |
|  BHMS Mortgage Trust Series 2018-ATLS, Class C<br>6.54% (1 mo. USD Term SOFR + 2.197%)<sup>(1),(3)</sup> | 07/15/35 |  | 100000 |  | 99987 |
|  BPR Mortgage Trust Series 2023-STON, Class C<br>7.87%<sup>(3),(6)</sup> | 12/05/39 |  | 100000 |  | 102551 |
|  BX Mortgage Trust Series 2021-PAC, Class B<br>5.36% (1 mo. USD Term SOFR + 1.013%)<sup>(1),(3)</sup> | 10/15/36 |  | 100000 |  | 99603 |
|  BX Mortgage Trust Series 2021-PAC, Class E<br>6.40% (1 mo. USD Term SOFR + 2.062%)<sup>(1),(3)</sup> | 10/15/36 |  | 100000 |  | 99571 |
|  BX Trust Series 2022-CLS, Class C<br>6.79%<sup>(3)</sup> | 10/13/27 |  | 90000 |  | 88197 |
|  BXHPP Trust Series 2021-FILM, Class C<br>5.56% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(3)</sup> | 08/15/36 |  | 89000 |  | 80187 |
|  COMM Mortgage Trust Series 2012-CR4, Class XA (I/O)<br>1.14%<sup>(6)</sup> | 10/15/45 |  | 167201 |  | 2630 |
|  CRSO Trust Series 2023<br>7.12%<sup>(6)</sup> | 07/10/40 |  | 100000 |  | 104077 |
|  GS Mortgage Securities Trust Series 2010-C1, Class X (I/O)<br>0.42%<sup>(3),(6)</sup> | 08/10/43 |  | 417615 |  | 51 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2011-C3, Class XB (I/O)<br>0.38%<sup>(3),(6)</sup> | 02/15/46 |  | 5745013 |  | 42119 |
|  Last Mile Securities PE DAC Series 2021-1A, Class F<br>7.13% (3 mo. EUR EURIBOR + 5.000%)<sup>(1),(3)</sup> | 08/17/31 | EUR | 99979 |  | 114151 |
|  UBS Commercial Mortgage Trust Series 2017-C3, Class A<br>4 3.43% | 08/15/50 |  | 60000 |  | 58067 |
|  Wells Fargo Commercial Mortgage Trust Series 2024-SVEN, Class A<br>6.01%<sup>(3)</sup> | 06/10/37 |  | 100000 |  | 102295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $922,780) |  |  |  |  | 993486 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.1%** |  |  |  |  |  |
|  Federal National Mortgage Association-ACES Series 2016-M2, Class X3 (I/O)<br>2.04%<sup>(6)</sup> | 04/25/36 |  | 115893 |  | 1 |
|  Federal National Mortgage Association-ACES Series 2016-M4, Class X2 (I/O)<br>2.70%<sup>(6)</sup> | 01/25/39 |  | 353063 |  | 13084 |
|  Government National Mortgage Association Series 2012-144, Class IO (I/O)<br>0.33%<sup>(6)</sup> | 01/16/53 |  | 1284107 |  | 14563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $16,347) |  |  |  |  | 27648 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.8%** |  |  |  |  |
|  BCMSC Trust Series 2000-A, Class A4<br>8.29%<sup>(6)</sup> | 06/15/30 | $189525 | $| 14200 |
|  Bear Stearns ALT-A Trust Series 2005-8, Class 11A1<br>5.01% (1 mo. USD Term SOFR + 0.654%)<sup>(1)</sup> | 10/25/35 | 19166 |  | 17243 |
|  Countrywide Alternative Loan Trust Series 2006-HY12, Class A5<br>4.17%<sup>(6)</sup> | 08/25/36 | 103340 |  | 96678 |
|  Countrywide Asset-Backed Certificates Trust Series 2007-13, Class 2A1<br>5.37% (1 mo. USD Term SOFR + 1.014%)<sup>(1)</sup> | 10/25/47 | 52249 |  | 48448 |
|  Deephaven Residential Mortgage Trust Series 2021-3, Class A1<br>1.19%<sup>(3),(6)</sup> | 08/25/66 | 71762 |  | 62881 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR15, Class A2<br>4.06% <sup>(6)</sup> | 09/25/35 | 36765 |  | 30180 |
|  JPMorgan Mortgage Acquisition Trust Series 2006-CH2, Class AF3<br>5.46% | 09/25/29 | 148722 |  | 88590 |
|  Merrill Lynch Alternative Note Asset Trust Series 2007-A1, Class A2B<br>4.77% (1 mo. USD Term SOFR + 0.414%)<sup>(1)</sup> | 01/25/37 | 264373 |  | 82857 |
|  MFA Trust Series 2021-RPL1, Class A2<br>2.07%<sup>(3),(6)</sup> | 07/25/60 | 100000 |  | 83471 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A4<br>4.95% (1 mo. USD Term SOFR + 0.594%)<sup>(1)</sup> | 06/25/36 | 211362 |  | 105136 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-WMC1, Class A2C<br>5.09% (1 mo. USD Term SOFR + 0.734%)<sup>(1)</sup> | 12/25/35 | 55890 |  | 55104 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2007-HE2, Class A2B<br>4.56% (1 mo. USD Term SOFR + 0.204%)<sup>(1)</sup> | 01/25/37 | 133162 |  | 61048 |
|  MortgageIT Trust Series 2005-1, Class 1A1<br>5.11% (1 mo. USD Term SOFR + 0.754%)<sup>(1)</sup> | 02/25/35 | 6253 |  | 6337 |
|  Ownit Mortgage Loan Trust Series 2006-3, Class A2D<br>5.01% (1 mo. USD Term SOFR + 0.654%)<sup>(1)</sup> | 03/25/37 | 27389 |  | 26507 |
|  Residential Asset Securitization Trust Series 2005-A15, Class 2A11 (I/O)<br>1.08% (-1 mo. USD Term SOFR + 5.436%)<sup>(1)</sup> | 02/25/36 | 422096 |  | 36940 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-18, Class 4A1<br>5.97%<sup>(6)</sup> | 12/25/34 | 4778 |  | 4727 |
|  Structured Asset Mortgage Investments II Trust Series 2005-AR6, Class 2A1<br>5.09% (1 mo. USD Term SOFR + 0.734%)<sup>(1)</sup> | 09/25/45 | $17917 | $| 16347 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR8, Class A2<br>4.89% (1 mo. USD Term SOFR + 0.534%)<sup>(1)</sup> | 10/25/36 | 105615 |  | 91936 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A1A<br>5.09% (1 mo. USD Term SOFR + 0.734%)<sup>(1)</sup> | 01/25/45 | 25337 |  | 25162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities**—**Non-agency** (Cost: $1,223,659) |  |  |  | 953792 |
|  **CORPORATE BONDS—13.5%** |  |  |  |  |
|  **Aerospace & Defense**—**0.4%** |  |  |  |  |
|  General Electric Co.<br>5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(1)</sup> | 08/15/36 | 50000 |  | 46705 |
|  TransDigm, Inc. 6.00%<sup>(3)</sup> | 01/15/33 | 41000 |  | 41266 |
|  |  |  |  | 87971 |
|  **Agriculture**—**0.6%** | **Agriculture**—**0.6%** | **Agriculture**—**0.6%** | **Agriculture**—**0.6%** | **Agriculture**—**0.6%** |
|  Philip Morris International, Inc.<br>2.75% | 06/06/29 | 100000 |  | 113574 |
|  **Airlines**—**0.3%** | **Airlines**—**0.3%** | **Airlines**—**0.3%** | **Airlines**—**0.3%** | **Airlines**—**0.3%** |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 63093 |  | 59792 |
|  **Auto Manufacturers**—**0.2%** | **Auto Manufacturers**—**0.2%** | **Auto Manufacturers**—**0.2%** | **Auto Manufacturers**—**0.2%** | **Auto Manufacturers**—**0.2%** |
|  Volkswagen Group of America Finance LLC (Germany)<br>5.80%<sup>(3)</sup> | 03/27/35 | 50000 |  | 50197 |
|  **Banks**—**2.8%** | **Banks**—**2.8%** | **Banks**—**2.8%** | **Banks**—**2.8%** | **Banks**—**2.8%** |
|  Bank of America Corp.<br>2.30% (1 day USD SOFR + 1.220%)<sup>(1)</sup> | 07/21/32 | 75000 |  | 65356 |
|  Citigroup, Inc.<br>5.33% (1 day USD SOFR + 1.465%)<sup>(1)</sup> | 03/27/36 | 25000 |  | 25128 |
|  Goldman Sachs Group, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% (1 day USD SOFR + 1.420%)<sup>(1)</sup> | 10/23/35 | 25000 |  | 24654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(1)</sup> | 01/28/36 | 15000 |  | 15350 |
|  JPMorgan Chase & Co. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(1)</sup> | 06/01/29 | 20000 |  | 18748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.180%)<sup>(1)</sup> | 11/08/32 | 10000 |  | 8792 |
|  Kreditanstalt fuer Wiederaufbau (Germany)<br>0.63% | 01/07/28 | 181000 |  | 199888 |
|  Morgan Stanley |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24% (1 day USD SOFR + 1.178%)<sup>(1)</sup> | 07/21/32 | $5000 |  | 4336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32% (1 day USD SOFR + 1.555%)<sup>(1)</sup> | 07/19/35 | 60000 |  | 60752 |
|  PNC Financial Services Group, Inc.<br>5.58% (1 day USD SOFR + 1.841%)<sup>(1)</sup> | 06/12/29 | 30000 |  | 30935 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  U.S. Bancorp | U.S. Bancorp | U.S. Bancorp | U.S. Bancorp |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% (1 day USD SOFR + 1.230%)<sup>(1)</sup> | 02/01/29 | $30000 | $30157 |
|  Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(1)</sup> | 06/02/28 | 60000 | 57769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (3 mo. USD LIBOR + 1.000%)<sup>(1)</sup> | 02/11/31 | 5000 | 4587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% (1 day USD SOFR + 1.780%)<sup>(1)</sup> | 01/23/35 | 10000 | 10252 |
|  |  |  | 556704 |
|  **Chemicals**—**0.6%** | **Chemicals**—**0.6%** | **Chemicals**—**0.6%** | **Chemicals**—**0.6%** |
|  International Flavors & Fragrances, Inc.<br>1.80% | 09/25/26 | 100000 | 113593 |
|  **Commercial Services**—**0.2%** | **Commercial Services**—**0.2%** | **Commercial Services**—**0.2%** | **Commercial Services**—**0.2%** |
|  Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxemburg)<br>7.00% <sup>(3)</sup> | 05/21/30 | 7000 | 7215 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 20000 | 19322 |
|  Valvoline, Inc.<br>3.63% <sup>(3)</sup> | 06/15/31 | 10000 | 9015 |
|  |  |  | 35552 |
|  **Computers**—**0.3%** | **Computers**—**0.3%** | **Computers**—**0.3%** | **Computers**—**0.3%** |
|  Dell International LLC/EMC Corp.<br>5.00% | 04/01/30 | 50000 | 50733 |
|  **Cosmetics/Personal Care**—**0.1%** | **Cosmetics/Personal Care**—**0.1%** | **Cosmetics/Personal Care**—**0.1%** | **Cosmetics/Personal Care**—**0.1%** |
|  Opal Bidco SAS (France)<br>6.50% <sup>(3)</sup> | 03/31/32 | 5000 | 5062 |
|  Prestige Brands, Inc.<br>3.75% <sup>(3)</sup> | 04/01/31 | 22000 | 20153 |
|  |  |  | 25215 |
|  **Diversified Financial Services**—**1.0%** | **Diversified Financial Services**—**1.0%** | **Diversified Financial Services**—**1.0%** | **Diversified Financial Services**—**1.0%** |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) | AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) | AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) | AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 10/29/26 | 20000 | 19480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/23/28 | 10000 | 9840 |
|  Air Lease Corp.<br>5.85% | 12/15/27 | 20000 | 20592 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53% <sup>(3)</sup> | 11/18/27 | 24000 | 22854 |
|  Blackrock, Inc.<br>3.75% | 07/18/35 | 100000 | 117320 |
|  GGAM Finance Ltd. (Ireland)<br>8.00% <sup>(3)</sup> | 02/15/27 | 15000 | 15461 |
|  |  |  | 205547 |
|  **Electric**—**1.0%** | **Electric**—**1.0%** | **Electric**—**1.0%** | **Electric**—**1.0%** |
|  Amprion GmbH (Germany)<br>0.63% <sup>(2)</sup> | 09/23/33 | 100000 | 91239 |
|  National Grid Electricity Transmission PLC (United Kingdom)<br>0.82% <sup>(2)</sup> | 07/07/32 | 100000 | 97154 |
|  Oncor Electric Delivery Co. LLC<br>5.35% <sup>(3)</sup> | 04/01/35 | 20000 | 20404 |
|  |  |  | 208797 |
|  **Entertainment**—**0.1%** | **Entertainment**—**0.1%** | **Entertainment**—**0.1%** | **Entertainment**—**0.1%** |
|  Voyager Parent LLC<br>9.25% <sup>(3)</sup> | 07/01/32 | 8000 | 8471 |
|  WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 | 5000 | 3344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14% | 03/15/52 | $12000 | $7432 |
|  |  |  | 19247 |
|  **Food**—**0.4%** | **Food**—**0.4%** | **Food**—**0.4%** | **Food**—**0.4%** |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL<br>6.50% | 12/01/52 | 25000 | 25571 |
|  Pilgrim's Pride Corp.<br>4.25% | 04/15/31 | 37000 | 35380 |
|  Post Holdings, Inc.<br>4.63%<sup>(3)</sup> | 04/15/30 | 12000 | 11471 |
|  |  |  | 72422 |
|  **Gas**—**0.1%** | **Gas**—**0.1%** | **Gas**—**0.1%** | **Gas**—**0.1%** |
|  AmeriGas Partners LP/AmeriGas Finance Corp. | AmeriGas Partners LP/AmeriGas Finance Corp. | AmeriGas Partners LP/AmeriGas Finance Corp. | AmeriGas Partners LP/AmeriGas Finance Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(3)</sup> | 06/01/28 | 5000 | 5152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(3)</sup> | 06/01/30 | 5000 | 5254 |
|  |  |  | 10406 |
|  **Health Care-Products**—**0.0%** | **Health Care-Products**—**0.0%** | **Health Care-Products**—**0.0%** | **Health Care-Products**—**0.0%** |
|  Bausch & Lomb Corp.<br>8.38%<sup>(3)</sup> | 10/01/28 | 8000 | 8365 |
|  **Health Care-Services**—**0.3%** | **Health Care-Services**—**0.3%** | **Health Care-Services**—**0.3%** | **Health Care-Services**—**0.3%** |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(3)</sup> | 10/01/31 | 2000 | 1938 |
|  Humana, Inc.<br>5.55% | 05/01/35 | 10000 | 10030 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(3)</sup> | 09/01/29 | 11000 | 10668 |
|  ModivCare, Inc.<br>5.00%<sup>(3),(7)</sup> | 10/01/29 | 22050 | 6064 |
|  Molina Healthcare, Inc.<br>6.25%<sup>(3)</sup> | 01/15/33 | 5000 | 4935 |
|  Tenet Healthcare Corp.<br>4.38% | 01/15/30 | 5000 | 4811 |
|  UnitedHealth Group, Inc.<br>5.15% | 07/15/34 | 20000 | 20068 |
|  |  |  | 58514 |
|  **Household Products/Wares**—**0.1%** | **Household Products/Wares**—**0.1%** | **Household Products/Wares**—**0.1%** | **Household Products/Wares**—**0.1%** |
|  Central Garden & Pet Co.<br>4.13% | 10/15/30 | 6000 | 5647 |
|  Spectrum Brands, Inc.<br>3.88%<sup>(3)</sup> | 03/15/31 | 23000 | 18384 |
|  |  |  | 24031 |
|  **Insurance**—**0.2%** | **Insurance**—**0.2%** | **Insurance**—**0.2%** | **Insurance**—**0.2%** |
|  Athene Global Funding<br>1.99% <sup>(3)</sup> | 08/19/28 | 10000 | 9279 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(3)</sup> | 11/01/53 | 30000 | 28714 |
|  |  |  | 37993 |
|  **Internet**—**0.1%** | **Internet**—**0.1%** | **Internet**—**0.1%** | **Internet**—**0.1%** |
|  Snap, Inc.<br>6.88%<sup>(3)</sup> | 03/01/33 | 20000 | 20506 |
|  **Investment Companies**—**0.1%** | **Investment Companies**—**0.1%** | **Investment Companies**—**0.1%** | **Investment Companies**—**0.1%** |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. | Icahn Enterprises LP/Icahn Enterprises Finance Corp. | Icahn Enterprises LP/Icahn Enterprises Finance Corp. | Icahn Enterprises LP/Icahn Enterprises Finance Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 9000 | 8748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 5000 | 5062 |
|  |  |  | 13810 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Leisure Time**—**0.0%** | **Leisure Time**—**0.0%** | **Leisure Time**—**0.0%** | **Leisure Time**—**0.0%** |
|  MajorDrive Holdings IV LLC<br>6.38%<sup>(3)</sup> | 06/01/29 | $5000 | $4141 |
|  **Lodging**—**0.0%** |  |  |  |
|  MGM Resorts International<br>6.50% | 04/15/32 | 5000 | 5084 |
|  **Media**—**0.7%** |  |  |  |
|  Charter Communications Operating LLC/Charter Communications Operating Capital<br>5.38% | 05/01/47 | 66000 | 55914 |
|  CSC Holdings LLC<br>6.50%<sup>(3)</sup> | 02/01/29 | 45000 | 35670 |
|  DISH Network Corp.<br>11.75% <sup>(3)</sup> | 11/15/27 | 3000 | 3127 |
|  Sirius XM Radio LLC<br>3.88%<sup>(3)</sup> | 09/01/31 | 25000 | 22068 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(3)</sup> | 01/15/32 | 23000 | 20264 |
|  |  |  | 137043 |
|  **Office/Business Equipment**—**0.1%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(3)</sup> | 10/15/30 | 10000 | 10309 |
|  **Oil & Gas**—**0.0%** |  |  |  |
|  Transocean Titan Financing Ltd.<br>8.38%<sup>(3)</sup> | 02/01/28 | 1810 | 1858 |
|  **Oil & Gas Services**—**0.0%** |  |  |  |
|  USA Compression Partners LP/USA Compression Finance Corp.<br>6.88% | 09/01/27 | 5000 | 5002 |
|  **Packaging & Containers**—**0.3%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>5.50%<sup>(3)</sup> | 03/17/35 | 50000 | 50920 |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.<br>4.13%<sup>(3)</sup> | 08/15/26 | 5000 | 4943 |
|  |  |  | 55863 |
|  **Pharmaceuticals**—**0.8%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(3)</sup> | 04/15/32 | 5000 | 5094 |
|  Bayer U.S. Finance II LLC (Germany) | Bayer U.S. Finance II LLC (Germany) | Bayer U.S. Finance II LLC (Germany) | Bayer U.S. Finance II LLC (Germany) |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(3)</sup> | 06/25/38 | 51000 | 45205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(3)</sup> | 06/25/48 | 10000 | 8239 |
|  CVS Health Corp. | CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/25/48 | 25000 | 21525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(1)</sup> | 12/10/54 | 20000 | 20099 |
|  Grifols SA (Spain)<br>4.75%<sup>(3)</sup> | 10/15/28 | 15000 | 14455 |
|  Teva Pharmaceutical Finance Netherlands III BV (Israel)<br>6.00% | 12/01/32 | 25000 | 25513 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 25000 | 25397 |
|  |  |  | 165527 |
|  **Pipelines**—**0.1%** |  |  |  |
|  Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(3)</sup> | 01/15/30 | 4000 | 4060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(3)</sup> | 06/01/28 | 2000 | 2072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(3),(8)</sup> | 09/30/29 | 7000 | 7006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(3)</sup> | 02/01/32 | 5000 | 5398 |
|  Venture Global Plaquemines LNG LLC<br>6.50%<sup>(3)</sup> | 01/15/34 | $5000 | $5145 |
|  |  |  | 23681 |
|  **Real Estate**—**0.4%** |  |  |  |
|  Vonovia SE (Germany)<br>1.50%<sup>(2)</sup> | 06/14/41 | 100000 | 76976 |
|  **REIT**—**1.1%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 40000 | 35800 |
|  American Tower Corp.<br>2.70% | 04/15/31 | 20000 | 17899 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/26 | 10000 | 10003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 5000 | 5111 |
|  Healthcare Realty Holdings LP<br>3.10% | 02/15/30 | 40000 | 37152 |
|  Host Hotels & Resorts LP (REIT)<br>5.70% | 06/15/32 | 40000 | 40602 |
|  Hudson Pacific Properties LP | Hudson Pacific Properties LP | Hudson Pacific Properties LP | Hudson Pacific Properties LP |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 17000 | 13618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 11000 | 10415 |
|  LXP Industrial Trust<br>2.70% | 09/15/30 | 20000 | 17871 |
|  VICI Properties LP<br>5.13% | 05/15/32 | 2000 | 1997 |
|  VICI Properties LP/VICI Note Co., Inc.<br>5.75%<sup>(3)</sup> | 02/01/27 | 30000 | 30328 |
|  |  |  | 220796 |
|  **Retail**—**0.3%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(3)</sup> | 07/01/32 | 5000 | 5155 |
|  Ferrellgas LP/Ferrellgas Finance Corp. | Ferrellgas LP/Ferrellgas Finance Corp. | Ferrellgas LP/Ferrellgas Finance Corp. | Ferrellgas LP/Ferrellgas Finance Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(3)</sup> | 04/01/26 | 10000 | 9930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(3)</sup> | 04/01/29 | 25000 | 23110 |
|  Michaels Cos., Inc.<br>5.25%<sup>(3)</sup> | 05/01/28 | 23000 | 18413 |
|  |  |  | 56608 |
|  **Semiconductors**—**0.1%** |  |  |  |
|  Intel Corp.<br>3.25% | 11/15/49 | 30000 | 18344 |
|  **Software**—**0.1%** |  |  |  |
|  Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<br>8.75%<sup>(3)</sup> | 05/01/29 | 3000 | 3064 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(3)</sup> | 12/01/27 | 5000 | 5164 |
|  Open Text Holdings, Inc. (Canada)<br>4.13%<sup>(3)</sup> | 12/01/31 | 5000 | 4557 |
|  Oracle Corp.<br>4.80% | 08/03/28 | 15000 | 15167 |
|  |  |  | 27952 |
|  **Telecommunications**—**0.5%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>5.75% <sup>(3)</sup> | 08/15/29 | 5000 | 3833 |
|  Consolidated Communications, Inc.<br>5.00% <sup>(3)</sup> | 10/01/28 | 10000 | 10106 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 2000 | 2110 |
|  Frontier Communications Holdings LLC<br>5.88% <sup>(3)</sup> | 10/15/27 | 6000 | 6005 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Telecommunications (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.63%<sup>(3)</sup> | 03/15/31 | $10000 | $10609 |
|  T-Mobile USA, Inc.<br>2.63% | 04/15/26 | 55000 | 54277 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)<br>4.75%<sup>(3)</sup> | 07/15/31 | 11000 | 10191 |
|  |  |  | 97131 |
|  **Transportation—0.1%** |  |  |  |
|  Aurizon Network Pty. Ltd. (Australia)<br>2.90%<sup>(2)</sup> | 09/02/30 | 20000 | 11592 |
|  Pacific National Finance Pty. Ltd. (Australia)<br>3.70% | 09/24/29 | 20000 | 11931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Transportation** (Cost: $24,044) |  |  | 23523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $2,697,490) |  |  | 2702807 |
|  **MUNICIPAL BONDS—0.2%** |  |  |  |
|  County of Miami-Dade Aviation Revenue, Series B<br>2.86% | 10/01/35 | 50000 | 41372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $50,638) |  |  | 41372 |
|  **FOREIGN GOVERNMENT BONDS—50.8%** |  |  |  |
|  Australia Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(2)</sup> | 11/21/29 | &nbsp;&nbsp;&nbsp;&nbsp;253000 | 157859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(2)</sup> | 12/21/34 | &nbsp;&nbsp;&nbsp;&nbsp;151000 | 91923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(2)</sup> | 04/21/27 | &nbsp;&nbsp;&nbsp;&nbsp;93000 | 61264 |
|  Bonos de la Tesoreria de la Republica en pesos<br>5.00%<sup>(2)</sup> | 10/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;30000000 | 30582 |
|  Brazil Notas do Tesouro Nacional Series F<br>10.00% | 01/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;2010000 | 309534 |
|  Bundesrepublik Deutschland Bundesanleihe |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(2)</sup> | 02/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;291174 | 328994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(2)</sup> | 08/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;206583 | 207253 |
|  Canada Government Bonds | Canada Government Bonds | Canada Government Bonds | Canada Government Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | 03/01/27 | &nbsp;&nbsp;&nbsp;&nbsp;293000 | 206979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% | 12/01/55 | &nbsp;&nbsp;&nbsp;&nbsp;84000 | 49835 |
|  China Development Bank | China Development Bank | China Development Bank | China Development Bank |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.77% | 10/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;410000 | 60727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09% | 06/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;1530000 | 226223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48% | 01/08/29 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | 29467 |
|  China Government Bonds | China Government Bonds | China Government Bonds | China Government Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% | 01/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;1060000 | 145382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35% | 02/25/34 | &nbsp;&nbsp;&nbsp;&nbsp;1270000 | 185305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85% | 06/04/27 | &nbsp;&nbsp;&nbsp;&nbsp;810000 | 115801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.02% | 05/27/31 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | 30076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13% | 11/21/29 | &nbsp;&nbsp;&nbsp;&nbsp;2650000 | 394569 |
|  Czech Republic Government Bonds<br>4.50% | 11/11/32 | &nbsp;&nbsp;&nbsp;&nbsp;670000 | 31809 |
|  European Union | European Union | European Union | European Union |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(2),(9)</sup> | 07/04/29 | &nbsp;&nbsp;&nbsp;&nbsp;150000 | 156619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%<sup>(2)</sup> | 12/04/29 | &nbsp;&nbsp;&nbsp;&nbsp;87000 | 96378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(2)</sup> | 02/04/33 | &nbsp;&nbsp;&nbsp;&nbsp;102000 | 116358 |
|  Finland Government Bonds<br>2.50%<sup>(2)</sup> | 04/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;156000 | 178812 |
|  French Republic Government Bonds OAT | French Republic Government Bonds OAT | French Republic Government Bonds OAT | French Republic Government Bonds OAT |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%<sup>(2)</sup> | 06/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;55000 | 34900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%<sup>(2)</sup> | 05/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;395000 | 443810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(2)</sup> | 02/25/30 | &nbsp;&nbsp;&nbsp;&nbsp;117000 | 134796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(2)</sup> | 11/25/34 | &nbsp;&nbsp;&nbsp;&nbsp;245000 | 274052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(2)</sup> | 05/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;95000 | 92527 |
|  Hungary Government Bonds<br>3.00% | 08/21/30 | &nbsp;&nbsp;&nbsp;&nbsp;2250000 | 5488 |
|  Indonesia Treasury Bonds | Indonesia Treasury Bonds | Indonesia Treasury Bonds | Indonesia Treasury Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 05/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;754000000 | 46154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 04/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;811000000 | 50727 |
|  Ireland Government Bonds<br>2.60%<sup>(2)</sup> | 10/18/34 | &nbsp;&nbsp;&nbsp;&nbsp;43761 | $48857 |
|  Israel Government Bonds—Fixed<br>1.30% | 04/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;116000 | 28475 |
|  Italy Buoni Poliennali Del Tesoro |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%<sup>(2)</sup> | 07/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;128000 | 150090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%<sup>(2)</sup> | 02/01/35 | &nbsp;&nbsp;&nbsp;&nbsp;60000 | 71093 |
|  Japan Government Ten Year Bonds<br>1.20% | 12/20/34 | &nbsp;&nbsp;&nbsp;&nbsp;74050000 | 478964 |
|  Japan Government Thirty Year Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.40% | 03/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;40600000 | 154620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80% | 03/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;29500000 | 150253 |
|  Kingdom of Belgium Government Bonds<br>0.10%<sup>(2)</sup> | 06/22/30 | &nbsp;&nbsp;&nbsp;&nbsp;281022 | 285961 |
|  Korea Treasury Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88% | 03/10/51 | &nbsp;&nbsp;&nbsp;&nbsp;97920000 | 59590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 06/10/31 | 279800000 | 194483 |
|  Malaysia Government Bonds<br>4.64% | 11/07/33 | &nbsp;&nbsp;&nbsp;&nbsp;338000 | 86415 |
|  Mexico Bonos | Mexico Bonos | Mexico Bonos | Mexico Bonos |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 07/31/53 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | 26079 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 03/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;620000 | 32825 |
|  Netherlands Government Bonds<br>2.50%<sup>(2)</sup> | 07/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;35000 | 39187 |
|  New Zealand Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;46000 | 26830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 05/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;22000 | 13373 |
|  Norway Government Bonds<br>3.63%<sup>(2)</sup> | 04/13/34 | &nbsp;&nbsp;&nbsp;&nbsp;279000 | 26527 |
|  Peru Government International Bonds<br>7.30%<sup>(2)</sup> | 08/12/33 | &nbsp;&nbsp;&nbsp;&nbsp;51000 | 15544 |
|  Province of Ontario<br>4.05% | 02/02/32 | &nbsp;&nbsp;&nbsp;&nbsp;209000 | 155973 |
|  Republic of Austria Government Bonds<br>3.45%<sup>(2)</sup> | 10/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;205300 | 245635 |
|  Republic of Poland Government Bonds<br>1.75% | 04/25/32 | &nbsp;&nbsp;&nbsp;&nbsp;156000 | 34001 |
|  Romania Government Bonds<br>7.10% | 07/31/34 | &nbsp;&nbsp;&nbsp;&nbsp;65000 | 14587 |
|  Singapore Government Bonds<br>3.00% | 04/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;92000 | 73947 |
|  Spain Government Bonds<br>2.70% | 01/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;362000 | 417414 |
|  Sweden Government Bonds<br>0.75%<sup>(2)</sup> | 11/12/29 | &nbsp;&nbsp;&nbsp;&nbsp;490000 | 47573 |
|  Thailand Government Bonds<br>1.59% | 12/17/35 | &nbsp;&nbsp;&nbsp;&nbsp;2372000 | 73368 |
|  U.K. Gilts |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.38%<sup>(2)</sup> | 10/22/30 | &nbsp;&nbsp;&nbsp;&nbsp;69134 | 76353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(2)</sup> | 03/07/27 | &nbsp;&nbsp;&nbsp;&nbsp;392000 | 517887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(2)</sup> | 01/29/27 | &nbsp;&nbsp;&nbsp;&nbsp;304000 | 403751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(2)</sup> | 07/31/34 | &nbsp;&nbsp;&nbsp;&nbsp;298000 | 387220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(2)</sup> | 03/07/30 | 1075131 | 1444571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(2)</sup> | 07/31/54 | &nbsp;&nbsp;&nbsp;&nbsp;113000 | 127685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $10,207,302) |  |  | 10203334 |
|  **U.S. TREASURY SECURITIES**—**3.7%** |  |  |  |
|  U.S. Treasury Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 05/15/55 | $268000 | 262138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(4)</sup> | 08/15/55 | 10000 | 9804 |
|  U.S. Treasury Inflation-Indexed Notes<br>1.88% | 07/15/35 | 215232 | 213362 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 07/31/27 | 5000 | 4994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 07/31/32 | 205000 | 203254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 | 47000 | 46592 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **U.S. TREASURY SECURITIES (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $738,561) |  |  | $740144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $21,490,606) |  |  | 21351534 |
|  **CONVERTIBLE SECURITIES - 0.1%**  |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS**—**0.1%** |  |  |  |
|  **Commercial Services—0.1%** |  |  |  |
|  Worldline SA (France) 0.00%<sup>(2),(9)</sup> | 07/30/26 | EUR 23,736 | 26477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $24,502) |  |  | 26477 |
|  **COMMON STOCK—0.0%** |  |  |  |
| **Security** |  | **Shares** | **Value** |
|  **Media—0.0%** |  |  |  |
|  SES SA<sup>(10)</sup> |  | 344 | 4010 |
|  **Telecommunications—0.0%** |  |  |  |
|  Intelsat SA<sup>(10),(11)</sup> |  | 344 | 192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $19,926) |  |  | 4202 |
| **Issues** |  | **Shares** | **Value** |
|  **INVESTMENT COMPANIES**—**1.0%** |  |  |  |
|  TCW Emerging Markets Income Fund—I Class<sup>(12)</sup> |  | 29291 | 196541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $189,440) |  |  | 196541 |
| **Security** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS—2.4%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>4.25%<sup>(13)</sup> |  | 83248 | 83248 |
|  TCW Central Cash Fund, 4.34%<sup>(12),(13)</sup> |  | 398000 | 398000 |
|  **Total Money Market Investments** (Cost: $481,248) |  |  | 481248 |
|  **PURCHASED OPTIONS(14) (0.0%)** (Cost: $2,230) |  |  | 2009 |
|  **Total Investments (109.8%)** (Cost: $22,207,952) |  |  | 22062011 |
|  **Liabilities In Excess Of Other Assets (-9.8%)** |  |  | (1965068) |
|  **Net Assets (100.0%)** |  |  | $20096943 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

**FUTURES CONTRACTS** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br>Contracts** | **Type** | **Expiration**<br>**Date** | **Notional**<br>**Contract**<br>**Value** | **Value** | **Net<br>Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 10 | Euro-Bobl Future | 09/8/25 | $1349838 | $1342213 | $(7625) |
| 5 | Euro SCHATZ Futures | 09/8/25 | 614510 | 612620 | (1890) |
| 4 | 10-Year U.S. Treasury Note Futures | 09/19/25 | 445695 | 444250 | (1445) |
| 6 | 2-Year Canadian Bond Futures | 09/18/25 | 457785 | 457112 | (673) |
| 2 | 5-Year Canadian Bond Futures | 09/18/25 | 164019 | 163755 | (264) |
| 10 | 2-Year U.S. Treasury Note Futures | 09/30/25 | 2072126 | 2069844 | (2282) |
| 2 | U.S. Ultra Long Bond Futures | 09/19/25 | 226473 | 234625 | 8152 |
| 1 | Euro-oat Future | 09/8/25 | 142647 | 141112 | (1535) |
| 7 | 5-Year U.S. Treasury Note Futures | 09/30/25 | 752907 | 757204 | 4297 |
|  |  |  | $**6226000** | $**6222735** | $**(3265)** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 3 | 10-Year U.S. Treasury Note Futures | 09/19/25 | $(339932) | $(339234) | $698 |
| 1 | 3 Year Australian Bond Futures | 09/15/25 | (69097) | (69093) | 4 |
| 4 | Euro-Bund Future | 09/8/25 | (599326) | (593792) | 5534 |
| 1 | Long Gilt Futures | 09/26/25 | (119629) | (121960) | (2331) |
|  |  |  | $**(1127984)** | $**(1124079)** | $**3905** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange<br>for USD** | **Contracts**<br>**at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY<sup>(15)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | AUD | 192497 | 10/10/25 | $125704 | $124094 | $(1610) |
|  Citibank N.A. | CAD | 175607 | 10/10/25 | 129248 | 127450 | (1798) |
|  Goldman Sachs & Co. | CHF | 93329 | 10/10/25 | 118621 | 115883 | (2738) |
|  Goldman Sachs & Co. | CNH | 5464397 | 10/10/25 | 767122 | 761806 | (5316) |
|  Goldman Sachs & Co. | DKK | 276000 | 10/10/25 | 43724 | 42548 | (1176) |
|  Goldman Sachs & Co. | EUR | 626243 | 10/10/25 | 737962 | 719947 | (18015) |
|  Citibank N.A. | GBP | 10882 | 10/10/25 | 14717 | 14410 | (307) |
|  Goldman Sachs & Co. | HUF | 2805000 | 10/10/25 | 8197 | 8005 | (192) |
|  Goldman Sachs & Co. | JPY | 151164096 | 10/10/25 | 1046786 | 1011965 | (34821) |
|  Citibank N.A. | KRW | 70333330 | 01/21/26 | 51322 | 51227 | (95) |
|  Goldman Sachs & Co. | MXN | 139804 | 10/10/25 | 7422 | 7371 | (51) |
|  Goldman Sachs & Co. | NOK | 947938 | 10/10/25 | 93884 | 92132 | (1752) |
|  Barclays Capital | PLN | 15687 | 10/10/25 | 4326 | 4197 | (129) |
|  Goldman Sachs & Co. | PLN | 80048 | 10/10/25 | 22048 | 21415 | (633) |
|  Goldman Sachs & Co. | RON | 25093 | 10/10/25 | 5786 | 5647 | (139) |
|  Goldman Sachs & Co. | SEK | 318727 | 10/10/25 | 33738 | 32799 | (939) |
|  Citibank N.A. | THB | 113673 | 10/10/25 | 3514 | 3497 | (17) |
|  |  |  |  | $3214121 | $3144393 | $(69728) |
|  **SELL<sup>(16)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | AUD | 36918 | 10/10/25 | 24405 | 23800 | 605 |
|  Citibank N.A. | BRL | 1834416 | 10/10/25 | 327839 | 322276 | 5563 |
|  Goldman Sachs & Co. | CAD | 55000 | 10/10/25 | 40461 | 39917 | 544 |
|  Goldman Sachs & Co. | CLP | 18005721 | 10/10/25 | 19052 | 18390 | 662 |
|  Goldman Sachs & Co. | CNH | 270968 | 10/10/25 | 38044 | 37776 | 268 |
|  Citibank N.A. | CNH | 190762 | 10/10/25 | 26637 | 26595 | 42 |
|  Goldman Sachs & Co. | CZK | 37477 | 10/10/25 | 1790 | 1747 | 43 |
|  Goldman Sachs & Co. | EUR | 1066486 | 10/10/25 | 1245245 | 1226064 | 19181 |
|  Citibank N.A. | GBP | 1735947 | 10/10/25 | 2358754 | 2298751 | 60003 |
|  Goldman Sachs & Co. | GBP | 76635 | 10/10/25 | 102217 | 101480 | 737 |
|  Goldman Sachs & Co. | IDR | 298408453 | 10/10/25 | 18288 | 18104 | 184 |
|  Goldman Sachs & Co. | ILS | 2674 | 10/10/25 | 800 | 789 | 11 |
|  Goldman Sachs & Co. | JPY | 1966818 | 10/10/25 | 13292 | 13167 | 125 |
|  Goldman Sachs & Co. | KRW | 28443698 | 10/24/25 | 20884 | 20604 | 280 |
|  Goldman Sachs & Co. | MYR | 27297 | 10/10/25 | 6464 | 6417 | 47 |
|  Citibank N.A. | NZD | 10618 | 10/10/25 | 6404 | 6283 | 121 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for<br>USD** | **Contracts at<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Goldman Sachs & Co. | PEN | 12349 | 10/10/25 | 3458 | 3437 | 21 |
|  Citibank N.A. | SGD | 38704 | 10/10/25 | 30495 | 29986 | 509 |
|  Goldman Sachs & Co. | THB | 1602745 | 01/21/26 | 50307 | 49715 | 592 |
|  |  |  |  | $4334836 | $4245298 | $89538 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS** |
| **Notional Amount** | **Expiration<br>Date** | **Payment Made<br>by Fund<br>Frequency** | **Payment Made by<br>Fund** | **Payment Received<br>by Fund<br>Frequency** | **Payment<br>Received<br>by Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Premium<br>Paid** | **Value** |
| 72303 | 07/30/27 | Annual | 2-Year Sterling Overnight Index Average | Annual | 4.0000% | $998 | $(418) | $580 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** | **PURCHASED SWAPTIONS - OTC** |
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received)<br>by Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  5-Year Interest Rate Swap | Goldman Sachs International | 4.03 | 2/27/26 | 455000 | $455000 | $2009 | $2230 | $(221) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| ACES | Alternative Credit Enhancement Securities. |
| CLO | Collateralized Loan Obligation. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| LIBOR | London Interbank Offered Rate. |
| PAC | Planned Amortization Class. |
| REIT | Real Estate Investment Trust. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| RON | New Romanian Leu. |
| SOFR | Secured Overnight Financing Rate. |
| TBA | To Be Announced. |
| AUD | Australian Dollar. |
| BRL | Brazilian Real. |
| CAD | Canadian Dollar. |
| CHF | Swiss Franc. |
| CLP | Chilean Peso. |
| CNH | Chinese Yuan Renminbi. |
| CZK | Czech Koruna. |
| DKK | Danish Krone. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| HUF | Hungarian Forint. |
| IDR | Indonesian Rupiah. |
| ILS | Israeli Shekel. |
| JPY | Japanese Yen. |
| KRW | South Korean Won. |
| MXN | Mexican Peso. |
| MYR | Malaysian Ringgit. |
| NOK | Norwegian Krona. |
| NZD | New Zealand Dollar. |
| PEN | Peruvian Nuevo Sol. |
| PLN | Polish Zloty. |
| RON | Romanian New Leu. |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| THB | Thai Baht |
| (1) | Floating or variable rate security. The interest shown reflects the rate in effect at July 31, 2025. |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

(2) Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At July 31, 2025, the value of these securities
amounted to $7,511,596 or 37.4% of net assets.

(3) Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At July 31, 2025, the value of these securities
amounted to $2,133,146 or 10.6% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's
Board of Directors.

(4) This security is purchased on a when-issued, delayed-delivery or forward commitment basis.

(5) Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered.

(6) Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and
are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.

(7) Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—5.00% cash or
10.00% PIK interest.

(8) Perpetual maturity.

(9) Security is not accruing interest.

(10) Non-income producing security.

(11) For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs.

(12) Affiliated issuer.

(13) Rate disclosed is the 7-day net yield as of July 31, 2025.

(14) See options table for description of purchased options.

(15) Fund buys foreign currency, sells USD.

(16) Fund sells foreign currency, buys USD.

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

The summary of the TCW Global Bond Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,<br>2025** | **Value at<br>July 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net Realized<br>Gain (Loss) on<br>Investments** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $335391 | $11619459 | $11556850 | 398000 | $398000 | $35184 | $– $|  | $— |
|  TCW Emerging Markets Income Fund—I Class | 181809 | 11145 | $— | 29291 | 196541 | 10228 | – |  | 3587 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $594541 | $45412 | $– $|  | $3587 |

---

------

---

| | |
|:---|:---|
| **TCW Global Bond Fund** |  |
| Investments by Sector (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Foreign Government Bonds | 50.8 |
|  Residential Mortgage-Backed Securities—Agency | 21.3 |
|  Corporate Bonds | 13.5 |
|  Asset-Backed Securities | 7 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 4.9 |
|  Residential Mortgage-Backed Securities—Non-Agency | 4.8 |
|  U.S. Treasury Securities | 3.7 |
|  Money Market Investments | 2.4 |
|  Investment Companies | 1 |
|  Municipal Bonds | 0.2 |
|  Commercial Mortgage-Backed Securities—Agency | 0.1 |
|  Convertible Corporate Bonds | 0.1 |
|  Common Stock | 0 |
|  Purchased Swaptions—OTC | 0 |
|  Interest Rate Swaps | 0 |
|  Other\* | (9.8) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100 |

---

*\** *Includes futures, swap agreements, pending trades, interest receivable, fund share transactions and accrued expenses payable.*

---

| | |
|:---|:---|
| \**\** | *Amount rounds to less than 0.1%.*  |

---

------

---

| | |
|:---|:---|
| **TCW Global Bond Fund** |  |
| Investments by Country (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
| **Country** | **Percentage of<br>Net Assets** |
|  United States | 48.9% |
|  Great Britain | 14.8 |
|  China | 5.9 |
|  Ireland | 5.7 |
|  France | 5.0 |
|  Germany | 5.0 |
|  Japan | 3.9 |
|  Canada | 2.3 |
|  Spain | 2.1 |
|  Australia | 1.7 |
|  Brazil | 1.5 |
|  Belgium | 1.4 |
|  South Korea | 1.3 |
|  Austria | 1.2 |
|  Italy | 1.2 |
|  Free Of Tax | 1.1 |
|  Finland | 0.9 |
|  Supranational | 0.8 |
|  Jersey | 0.7 |
|  Indonesia | 0.5 |
|  United Kingdom | 0.4 |
|  Malaysia | 0.4 |
|  Israel | 0.4 |
|  Singapore | 0.4 |
|  Thailand | 0.4 |
|  Netherlands | 0.3 |
|  Mexico | 0.3 |
|  Sweden | 0.2 |
|  New Zealand | 0.2 |
|  Poland | 0.2 |
|  Czech Republic | 0.2 |
|  Chile | 0.2 |
|  Norway | 0.1 |
|  Peru | 0.1 |
|  Luxembourg | 0.1 |
|  Romania | 0.1 |
|  Hungary | 0.0 \* |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 109.9% |

---

*\** *Amount rounds to less than 0.1%.* 

------

**TCW Global Bond Fund** 

Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds | $— | $10203334 | $— | $10203334 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 4287557 |  | 4287557 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 2702807 |  | 2702807 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 1401394 |  | 1401394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 993486 |  | 993486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 953792 |  | 953792 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 740144 |  | 740144 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 41372 |  | 41372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 27648 |  | 27648 |
|  Total Fixed Income Securities |  | 21351534 |  | 21351534 |
|  Convertible Corporate Bonds |  | 26477 |  | 26477 |
|  Money Market Investments | 481248 |  |  | 481248 |
|  Investment Companies | 196541 |  |  | 196541 |
|  Common Stock |  | 4010 | 192 | 4202 |
|  Purchased Options |  | 2009 |  | 2009 |
|  Total Investments | $677789 | $21384030 | $192 | $22062011 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 89538 |  | 89538 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 18685 |  |  | 18685 |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commodity Risk |  | 580 |  | 580 |
|  Total | $696474 | $21474148 | $192 | $22170814 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(18045) | $— | $— | $(18045) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (69728) |  | (69728) |
|  Total | $(18045) | $(69728) | $— | $(87773) |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES —114.4%** | **FIXED INCOME SECURITIES —114.4%** | **FIXED INCOME SECURITIES —114.4%** | **FIXED INCOME SECURITIES —114.4%** |
|  **ASSET-BACKED SECURITIES**—**5.4%** | **ASSET-BACKED SECURITIES**—**5.4%** | **ASSET-BACKED SECURITIES**—**5.4%** | **ASSET-BACKED SECURITIES**—**5.4%** |
|  AIMCO CLO 24 Ltd. Series 2025-24A, Class SUB<br>0.00%<sup>(1),(2)</sup> | 04/19/38 | $4200000 | $3776640 |
|  ALLO Issuer LLC Series 2023-1A, Class C<br>12.18%<sup>(1)</sup> | 06/20/53 | 3000000 | 3219131 |
|  ALLO Issuer LLC Series 2024-1A, Class C<br>11.19%<sup>(1)</sup> | 07/20/54 | 1381200 | 1497916 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2021-1A, Class D<br>3.71%<sup>(1)</sup> | 08/20/27 | 5000000 | 4890876 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2023-7A, Class D<br>7.31%<sup>(1)</sup> | 08/21/28 | 8000000 | 8062890 |
|  Bayview Opportunity Master Fund VII LLC Series 2024-EDU1, Class E<br>8.36% (30 day USD SOFR Average + 3.500%)<sup>(1),(3),(4)</sup> | 06/25/47 | 3336479 | 3393108 |
|  Carvana Auto Receivables Trust Series 2021-N3, Class R<br>0.00%<sup>(1),(5),(6)</sup> | 06/12/28 | 25650 | 1643135 |
|  Carvana Auto Receivables Trust Series 2023-P1, Class R<br>0.00%<sup>(1),(5),(6)</sup> | 03/11/30 | 2950 | 245130 |
|  CIFC Funding Ltd. Series 2022-2A, Class B<br>0.00%<sup>(1),(5)</sup> | 04/19/35 | 3300000 | 2380112 |
|  Cologix Data Centers U.S. Issuer LLC Series 2021-1A, Class A2<br>3.30%<sup>(1)</sup> | 12/26/51 | 4000000 | 3867389 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class C<br>9.41%<sup>(1)</sup> | 05/20/55 | 3175000 | 3315872 |
|  Edgeconnex Data Centers Issuer LLC Series 2022-1, Class A2<br>4.25%<sup>(1)</sup> | 03/25/52 | 2368750 | 2278663 |
|  Flexential Issuer Series 2021-1A, Class A2<br>3.25%<sup>(1)</sup> | 11/27/51 | 7580000 | 7324031 |
|  Higley Park CLO Ltd. Series 2025-1A, Class SUB<br>0.00%<sup>(1),(2)</sup> | 07/24/38 | 4000000 | 3600000 |
|  HOA Funding LLC Series 2021-1A, Class A2<br>4.72%<sup>(1),(3),(7)</sup> | 08/20/51 | 6136165 | 1411398 |
|  Hotwire Funding LLC Series 2021-1, Class B<br>2.66%<sup>(1)</sup> | 11/20/51 | 2775000 | 2676250 |
|  Hotwire Funding LLC Series 2021-1, Class C<br>4.46%<sup>(1)</sup> | 11/20/51 | 2380000 | 2319992 |
|  Hotwire Funding LLC Series 2024-1A, Class C<br>9.19%<sup>(1)</sup> | 06/20/54 | 3425000 | 3586824 |
|  HPS Loan Management Ltd. Series 2021-16A, Class ER<br>4.31%<sup>(1),(4),(7)</sup> | 01/23/35 | 2700000 | 2699994 |
|  Lehman XS Trust Series 2006-13, Class 1A2<br>4.81% (1 mo. USD Term SOFR + 0.454%)<sup>(4),(7)</sup> | 09/25/36 | 23 |  |
|  NCFA LLC – Loan Participation 1<br>2.75%<sup>(7)</sup> | 06/12/28 | 4955171 | 4955171 |
|  NCFA LLC – Loan Participation 2<br>3.14%<sup>(7)</sup> | 12/19/27 | 7451881 | 7451881 |
|  NCFA LLC – Loan Participation 3<br>1.00%<sup>(7)</sup> | 04/11/30 | 1830000 | 1830000 |
|  NewDay Funding Series 2025-2A, Class E<br>7.22% (1 day GBP SONIA + 3.000%)<sup>(1),(4)</sup> | 07/15/33 | 1700000 | 2254973 |
|  Newday Funding Master Issuer PLC Series 2024-2X, Class E<br>8.12% (1 day GBP SONIA + 3.900%)<sup>(4),(8)</sup> | 07/15/32 | 1500000 | 2008960 |
|  OCP CLO Ltd. Series 2025-44A, Class SUB<br>0.00%<sup>(1),(2),(7)</sup> | 10/24/38 | 3250000 | 2769000 |
|  Switch ABS Issuer LLC Series 2024-2A, Class C<br>10.03%<sup>(1)</sup> | 06/25/54 | 3650000 | 3819332 |
|  Vantage Data Centers Issuer LLC Series 2020-1A, Class A2<br>1.65%<sup>(1)</sup> | 09/15/45 | 8800000 | 8759348 |
|  Wireless PropCo Funding LLC Series 2025-1A, Class C<br>8.51%<sup>(1),(7)</sup> | 06/25/55 | 1000000 | 1006878 |
|  Ziply Fiber Issuer LLC Series 2024-1A, Class C<br>11.17%<sup>(1)</sup> | 04/20/54 | 1190000 | 1275243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $108,562,131) |  |  | 98320137 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—67.8%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #QD7213<br>2.00% | 02/01/52 | 5144684 | 4041272 |
|  Federal Home Loan Mortgage Corp., Pool #QE0312<br>2.00% | 04/01/52 | 10373630 | 8148733 |
|  Federal Home Loan Mortgage Corp., Pool #SD8147<br>2.50% | 05/01/51 | 12961805 | 10705419 |
|  Federal Home Loan Mortgage Corp., Pool #SD8194<br>2.50% | 02/01/52 | 2377408 | 1956551 |
|  Federal Home Loan Mortgage Corp., Pool #SD8212<br>2.50% | 05/01/52 | 10766682 | 8861825 |
|  Federal Home Loan Mortgage Corp., Pool #G08710<br>3.00% | 06/01/46 | 808706 | 713922 |
|  Federal Home Loan Mortgage Corp., Pool #SD8220<br>3.00% | 06/01/52 | 14081517 | 12078794 |
|  Federal Home Loan Mortgage Corp., Pool #G60238<br>3.50% | 10/01/45 | 2629648 | 2428276 |
|  Federal Home Loan Mortgage Corp., Pool #G60440<br>3.50% | 03/01/46 | 18763952 | 17327052 |
|  Federal Home Loan Mortgage Corp., Pool #G67709<br>3.50% | 03/01/48 | 5832236 | 5347454 |
|  Federal Home Loan Mortgage Corp., Pool #ZT1491<br>3.50% | 11/01/48 | 6498045 | 5939402 |
|  Federal Home Loan Mortgage Corp., Pool #SD7513<br>3.50% | 04/01/50 | 11517730 | 10503417 |
|  Federal Home Loan Mortgage Corp., Pool #G67717<br>4.00% | 11/01/48 | 21570797 | 20347021 |
|  Federal Home Loan Mortgage Corp., Pool #SD8244<br>4.00% | 09/01/52 | 2353566 | 2177247 |
|  Federal Home Loan Mortgage Corp., Pool #SL1033<br>4.00% | 01/01/54 | 4125217 | 3807344 |
|  Federal Home Loan Mortgage Corp., Pool #G08848<br>4.50% | 11/01/48 | 1194146 | 1155985 |
|  Federal Home Loan Mortgage Corp., Pool #SD8238<br>4.50% | 08/01/52 | 5394877 | 5144528 |
|  Federal Home Loan Mortgage Corp., Pool #SD8245<br>4.50% | 09/01/52 | 16237755 | 15481730 |
|  Federal Home Loan Mortgage Corp., Pool #QG0601<br>4.50% | 04/01/53 | 17243465 | 16475361 |
|  Federal Home Loan Mortgage Corp., Pool #G01959<br>5.00% | 12/01/35 | 35436 | 35916 |
|  Federal Home Loan Mortgage Corp., Pool #P51350<br>5.00% | 03/01/36 | 912965 | 923770 |
|  Federal Home Loan Mortgage Corp., Pool #A91162<br>5.00% | 02/01/40 | 6937230 | 7000315 |
|  Federal Home Loan Mortgage Corp., Pool #A92195<br>5.00% | 05/01/40 | 1911542 | 1928836 |
|  Federal Home Loan Mortgage Corp., Pool #G08833<br>5.00% | 07/01/48 | 1768077 | 1758896 |
|  Federal Home Loan Mortgage Corp., Pool #G08840<br>5.00% | 08/01/48 | 306217 | 304194 |
|  Federal Home Loan Mortgage Corp., Pool #G08849<br>5.00% | 11/01/48 | 2046329 | 2032810 |
|  Federal Home Loan Mortgage Corp., Pool #N70081<br>5.50% | 07/01/38 | 1123871 | 1153763 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal Home Loan Mortgage Corp. REMICS Series 2647, Class OV (P/O)<br>0.00%<sup>(5)</sup> | 07/15/33 | $365346 | $292111 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3149, Class OD (P/O) (PAC)<br>0.00%<sup>(5)</sup> | 05/15/36 | 1671068 | 1386401 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3315, Class S (I/O) (I/F)<br>1.96% (-30 day USD SOFR Average + 6.296%)<sup>(4)</sup> | 05/15/37 | 143466 | 7832 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3376, Class SX (I/O) (I/F)<br>1.59% (-30 day USD SOFR Average + 5.926%)<sup>(4)</sup> | 10/15/37 | 955087 | 80757 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3410, Class IS (I/O) (I/F)<br>1.82% (-30 day USD SOFR Average + 6.156%)<sup>(4)</sup> | 02/15/38 | 1412211 | 129149 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3424, Class BI (I/O) (I/F)<br>2.35% (-30 day USD SOFR Average + 6.686%)<sup>(4)</sup> | 04/15/38 | 1413268 | 147209 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3519, Class SH (I/O) (I/F)<br>1.05% (-30 day USD SOFR Average + 5.386%)<sup>(4)</sup> | 07/15/37 | 109015 | 4620 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3531, Class SC (I/O) (I/F)<br>1.85% (-30 day USD SOFR Average + 6.186%)<sup>(4)</sup> | 05/15/39 | 2008483 | 193062 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3541, Class SA (I/O) (I/F)<br>2.30% (-30 day USD SOFR Average + 6.636%)<sup>(4)</sup> | 06/15/39 | 864269 | 94142 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3550, Class GS (I/O) (I/F)<br>2.30% (-30 day USD SOFR Average + 6.636%)<sup>(4)</sup> | 07/15/39 | 1862729 | 193966 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3788, Class SB (I/O) (I/F)<br>2.03% (-30 day USD SOFR Average + 6.366%)<sup>(4)</sup> | 01/15/41 | 2614585 | 262494 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3885 (P/O) (PAC)<br>0.00%<sup>(5)</sup> | 11/15/33 | 541136 | 462292 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4030, Class HS (I/O) (I/F)<br>2.16% (-30 day USD SOFR Average + 6.496%)<sup>(4)</sup> | 04/15/42 | 1039189 | 114116 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4135, Class DZ<br>3.00% | 11/15/42 | 4328729 | 3875844 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4351, Class MB (PAC)<br>4.00% | 04/15/44 | 15977668 | 15166504 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4604, Class PB (PAC)<br>3.00% | 01/15/46 | 1901284 | 1760205 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4772, Class ZA<br>4.00% | 07/15/47 | 5805084 | 5358743 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4896, Class DA<br>3.00% | 01/15/49 | 908960 | 818727 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5210, Class LB<br>3.00% | 08/25/50 | 16601979 | 12395042 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5224, Class DZ<br>4.00% | 04/25/52 | 7195840 | 6421345 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5492, Class SH (I/O)<br>1.65% (-30 day USD SOFR Average + 6.000%)<sup>(4)</sup> | 01/25/55 | 8620903 | 722119 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5544, Class SD (I/O)<br>0.70% (-30 day USD SOFR Average + 5.050%)<sup>(4)</sup> | 06/25/55 | 8405407 | 517645 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5546, Class AS<br>3.98% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 2872314 | 2670714 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5547, Class S<br>4.05% (-30 day USD SOFR Average + 10.575%)<sup>(4)</sup> | 06/25/55 | 2889913 | 2663024 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5548, Class S<br>4.42% (-30 day USD SOFR Average + 11.667%)<sup>(4)</sup> | 06/25/55 | 2828969 | 2652871 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5549, Class JS<br>3.98% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 2865199 | 2661536 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5566, Class AS (I/F)<br>4.09% (-30 day USD SOFR Average + 10.575%)<sup>(4),(7)</sup> | 08/25/55 | 6275000 | 5804375 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 277, Class 30<br>3.00% | 09/15/42 | 7241850 | 6567070 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 377, Class C1<br>2.00% | 01/25/51 | 79490289 | 10440062 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C2 (I/O)<br>2.00% | 02/15/51 | 128751209 | 16864641 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 389, Class C40 (I/O)<br>2.50% | 10/15/52 | 4646391 | 726371 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 400, Class C2 (I/O)<br>2.00% | 08/25/52 | 68239711 | 8878992 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal National Mortgage Association, Pool #MA4152<br>2.00% | 10/01/40 | $9178194 | $7840987 |
|  Federal National Mortgage Association, Pool #BQ6913<br>2.00% | 12/01/51 | 18747862 | 14736345 |
|  Federal National Mortgage Association, Pool #BQ7056<br>2.00% | 01/01/52 | 14526160 | 11407836 |
|  Federal National Mortgage Association, Pool #MA4562<br>2.00%<sup>(9)</sup> | 03/01/52 | 6272772 | 4923139 |
|  Federal National Mortgage Association, Pool #BV4128<br>2.00% | 03/01/52 | 8348035 | 6557580 |
|  Federal National Mortgage Association, Pool #CB3151<br>2.00% | 03/01/52 | 38782410 | 30563514 |
|  Federal National Mortgage Association, Pool #CB0610<br>2.50% | 05/01/51 | 14356309 | 11939847 |
|  Federal National Mortgage Association, Pool #FM9515<br>2.50% | 11/01/51 | 18333785 | 15048755 |
|  Federal National Mortgage Association, Pool #BU7102<br>2.50% | 12/01/51 | 9749741 | 8029848 |
|  Federal National Mortgage Association, Pool #FS0139<br>2.50% | 01/01/52 | 23829907 | 19779157 |
|  Federal National Mortgage Association, Pool #BV4119<br>2.50% | 03/01/52 | 13962457 | 11471794 |
|  Federal National Mortgage Association, Pool #BV7761<br>2.50% | 03/01/52 | 11750564 | 9681357 |
|  Federal National Mortgage Association, Pool #AB6210<br>3.00% | 09/01/42 | 15197294 | 13729396 |
|  Federal National Mortgage Association, Pool #MA4579<br>3.00% | 04/01/52 | 19077646 | 16368790 |
|  Federal National Mortgage Association, Pool #BV8464<br>3.00% | 04/01/52 | 17258252 | 14805728 |
|  Federal National Mortgage Association, Pool #BV8459<br>3.00% | 04/01/52 | 16570745 | 14215921 |
|  Federal National Mortgage Association, Pool #BV8515<br>3.00% | 05/01/52 | 13369604 | 11468132 |
|  Federal National Mortgage Association, Pool #BM5979<br>3.50% | 09/01/45 | 4934960 | 4593273 |
|  Federal National Mortgage Association, Pool #AS7241<br>3.50% | 05/01/46 | 4917822 | 4507444 |
|  Federal National Mortgage Association, Pool #FM2342<br>3.50% | 12/01/46 | 2963185 | 2758020 |
|  Federal National Mortgage Association, Pool #MA4731<br>3.50% | 09/01/52 | 6848179 | 6133896 |
|  Federal National Mortgage Association, Pool #AS9454<br>4.00% | 04/01/47 | 546891 | 513609 |
|  Federal National Mortgage Association, Pool #MA2995<br>4.00% | 05/01/47 | 2541694 | 2387211 |
|  Federal National Mortgage Association, Pool #CA1540<br>4.00% | 04/01/48 | 9088360 | 8561689 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 3270037 | 3026579 |
|  Federal National Mortgage Association, Pool #CA1710<br>4.50% | 05/01/48 | 4207914 | 4069139 |
|  Federal National Mortgage Association, Pool #CA1711<br>4.50% | 05/01/48 | 3907554 | 3778685 |
|  Federal National Mortgage Association, Pool #CA2208<br>4.50% | 08/01/48 | 4060571 | 3926656 |
|  Federal National Mortgage Association, Pool #MA4784<br>4.50% | 10/01/52 | 5611978 | 5349819 |
|  Federal National Mortgage Association, Pool #BW9886<br>4.50% | 10/01/52 | 15820236 | 15058684 |
|  Federal National Mortgage Association, Pool #MA5037<br>4.50% | 06/01/53 | 3471094 | 3301724 |
|  Federal National Mortgage Association, Pool #FA0658<br>4.50% | 10/01/54 | 10685937 | 10162867 |
|  Federal National Mortgage Association, Pool #934103<br>5.00% | 07/01/38 | 109535 | 110610 |
|  Federal National Mortgage Association, Pool #BX6752<br>5.00% | 03/01/53 | 4666169 | 4563897 |
|  Federal National Mortgage Association, Pool #MA5071<br>5.00% | 07/01/53 | 2635693 | 2573603 |
|  Federal National Mortgage Association, Pool #555424<br>5.50% | 05/01/33 | 837421 | 857103 |
|  Federal National Mortgage Association, Pool #734384<br>5.50% | 07/01/33 | 115246 | 117949 |
|  Federal National Mortgage Association, Pool #AA3303<br>5.50% | 06/01/38 | 1109196 | 1137278 |
|  Federal National Mortgage Association, Pool #MA5107<br>5.50% | 08/01/53 | 13899105 | 13871927 |
|  Federal National Mortgage Association, Pool #310033<br>6.00% | 07/01/47 | 351932 | 370205 |
|  Federal National Mortgage Association, Pool #995573<br>6.00% | 01/01/49 | 832275 | 876259 |
|  Federal National Mortgage Association REMICS Series 2004-52, Class SW (I/O) (I/F)<br>2.64% (-30 day USD SOFR Average + 6.986%)<sup>(4)</sup> | 07/25/34 | 200400 | 15768 |
|  Federal National Mortgage Association REMICS Series 2007-103, Class AI (I/O) (I/F)<br>2.04% (-30 day USD SOFR Average + 6.386%)<sup>(4)</sup> | 03/25/37 | 1843518 | 149602 |
|  Federal National Mortgage Association REMICS Series 2007-20, Class SI (I/O) (I/F)<br>1.99% (-30 day USD SOFR Average + 6.336%)<sup>(4)</sup> | 03/25/37 | 465367 | 21812 |
|  Federal National Mortgage Association REMICS Series 2007-21, Class SE (I/O) (I/F)<br>1.98% (-30 day USD SOFR Average + 6.326%)<sup>(4)</sup> | 03/25/37 | 226810 | 11681 |
|  Federal National Mortgage Association REMICS Series 2007-56, Class SG (I/O) (I/F)<br>1.95% (-30 day USD SOFR Average + 6.296%)<sup>(4)</sup> | 06/25/37 | 415182 | 20585 |
|  Federal National Mortgage Association REMICS Series 2007-58, Class SV (I/O) (I/F)<br>2.29% (-30 day USD SOFR Average + 6.636%)<sup>(4)</sup> | 06/25/37 | 1807799 | 191123 |
|  Federal National Mortgage Association REMICS Series 2007-65, Class S (I/O) (I/F)<br>2.14% (-30 day USD SOFR Average + 6.486%)<sup>(4)</sup> | 07/25/37 | 205509 | 15741 |
|  Federal National Mortgage Association REMICS Series 2008-1, Class AI (I/O) (I/F)<br>1.79% (-30 day USD SOFR Average + 6.136%)<sup>(4)</sup> | 05/25/37 | 1626116 | 112157 |
|  Federal National Mortgage Association REMICS Series 2008-13, Class SB (I/O) (I/F)<br>1.78% (-30 day USD SOFR Average + 6.126%)<sup>(4)</sup> | 03/25/38 | 1643341 | 109137 |
|  Federal National Mortgage Association REMICS Series 2008-23, Class SB (I/O) (I/F)<br>2.39% (-30 day USD SOFR Average + 6.736%)<sup>(4)</sup> | 04/25/38 | 1245816 | 43805 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal National Mortgage Association REMICS Series 2008-35, Class SD (I/O) (I/F)<br>1.99% (-30 day USD SOFR Average + 6.336%)<sup>(4)</sup> | 05/25/38 | $194370 | $3629 |
|  Federal National Mortgage Association REMICS Series 2008-66, Class SG (I/O) (I/F)<br>1.61% (-30 day USD SOFR Average + 5.956%)<sup>(4)</sup> | 08/25/38 | 3585369 | 284257 |
|  Federal National Mortgage Association REMICS Series 2008-68, Class SA (I/O) (I/F)<br>1.51% (-30 day USD SOFR Average + 5.856%)<sup>(4)</sup> | 08/25/38 | 1208288 | 68026 |
|  Federal National Mortgage Association REMICS Series 2009-3, Class SH (I/O) (I/F)<br>0.99% (-30 day USD SOFR Average + 5.336%)<sup>(4)</sup> | 06/25/37 | 422442 | 23661 |
|  Federal National Mortgage Association REMICS Series 2009-47, Class SV (I/O) (I/F)<br>2.29% (-30 day USD SOFR Average + 6.636%)<sup>(4)</sup> | 07/25/39 | 260200 | 26664 |
|  Federal National Mortgage Association REMICS Series 2009-51, Class SA (I/O) (I/F)<br>2.29% (-30 day USD SOFR Average + 6.636%)<sup>(4)</sup> | 07/25/39 | 1229468 | 121867 |
|  Federal National Mortgage Association REMICS Series 2009-6, Class SD (I/O) (I/F)<br>1.09% (-30 day USD SOFR Average + 5.436%)<sup>(4)</sup> | 02/25/39 | 312084 | 4823 |
|  Federal National Mortgage Association REMICS Series 2009-72, Class JS (I/O) (I/F)<br>2.79% (-30 day USD SOFR Average + 7.136%)<sup>(4)</sup> | 09/25/39 | 228645 | 23754 |
|  Federal National Mortgage Association REMICS Series 2011-131, Class ST (I/O)<br>2.08% (-30 day USD SOFR Average + 6.426%)<sup>(4)</sup> | 12/25/41 | 10499741 | 1239820 |
|  Federal National Mortgage Association REMICS Series 2011-149, Class Z<br>4.50% | 01/25/42 | 2040178 | 1941232 |
|  Federal National Mortgage Association REMICS Series 2012-128, Class UY (PAC)<br>2.50% | 11/25/42 | 11738000 | 10341925 |
|  Federal National Mortgage Association REMICS Series 2012-19, Class ZN<br>3.50% | 01/25/42 | 2957706 | 2721675 |
|  Federal National Mortgage Association REMICS Series 2012-34, Class EB<br>4.00% | 04/25/42 | 2000000 | 1881762 |
|  Federal National Mortgage Association REMICS Series 2013-101, Class BO (P/O)<br>0.00%<sup>(5)</sup> | 10/25/43 | 2503310 | 1774905 |
|  Federal National Mortgage Association REMICS Series 2013-101, Class CO (P/O)<br>0.00%<sup>(5)</sup> | 10/25/43 | 5492000 | 3908625 |
|  Federal National Mortgage Association REMICS Series 2015-65, Class LZ<br>3.50% | 09/25/45 | 1697064 | 1464431 |
|  Federal National Mortgage Association REMICS Series 2018-52, Class PZ (PAC)<br>4.00% | 07/25/48 | 1314209 | 1217888 |
|  Federal National Mortgage Association REMICS Series 2018-54, Class KY (PAC)<br>3.50% | 08/25/48 | 1550000 | 1400127 |
|  Federal National Mortgage Association REMICS Series 2019-57, Class LT<br>2.50% | 10/25/49 | 5994731 | 5081542 |
|  Federal National Mortgage Association REMICS Series 2023-39, Class AI (I/O)<br>2.00% | 07/25/52 | 130734559 | 17001086 |
|  Federal National Mortgage Association REMICS Series 2024-81, Class SE (I/O)<br>1.00% (-30 day USD SOFR Average + 5.350%)<sup>(4)</sup> | 07/25/54 | 44211866 | 2405131 |
|  Federal National Mortgage Association REMICS Series 2025-40, Class S (I/F)<br>4.42% (-30 day USD SOFR Average + 11.667%)<sup>(4)</sup> | 02/25/55 | 2819839 | 2661559 |
|  Federal National Mortgage Association REMICS Series 2025-49, Class SC (I/O)<br>0.85% (-30 day USD SOFR Average + 5.200%)<sup>(4)</sup> | 06/25/55 | 33625350 | 1782078 |
|  Federal National Mortgage Association REMICS Series 2025-63, Class S (I/F)<br>4.01% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 08/25/55 | 5900000 | 5429709 |
|  Government National Mortgage Association, Pool #MA7418<br>2.50% | 06/20/51 | 16917439 | 14245664 |
|  Government National Mortgage Association, Pool #MA7589<br>2.50% | 09/20/51 | 14050957 | 11828628 |
|  Government National Mortgage Association, Pool #MA6080<br>3.00% | 08/20/49 | 166358 | 143770 |
|  Government National Mortgage Association, Pool #MA6209<br>3.00% | 10/20/49 | 2344350 | 2026039 |
|  Government National Mortgage Association, Pool #MA8347<br>4.50% | 10/20/52 | 8946114 | 8578445 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 8546831 | 8131886 |
|  Government National Mortgage Association, Pool #MB0024<br>4.50% | 11/20/54 | 9577405 | 9110940 |
|  Government National Mortgage Association REMICS Series 2011-70, Class BO (P/O)<br>0.00%<sup>(5)</sup> | 05/20/41 | 2886039 | 2167191 |
|  Government National Mortgage Association REMICS Series 2015-162, Class ZG<br>4.00% | 11/20/45 | 4188862 | 3825119 |
|  Government National Mortgage Association REMICS Series 2015-42, Class ZB<br>3.00% | 03/20/45 | 19312086 | 17311794 |
|  Government National Mortgage Association REMICS Series 2015-43, Class DM<br>2.50% | 03/20/45 | 14548456 | 12648614 |
|  Government National Mortgage Association REMICS Series 2015-44, Class Z<br>3.00% | 03/20/45 | 14677865 | 12811554 |
|  Government National Mortgage Association REMICS Series 2015-92, Class MT<br>3.00% | 01/20/45 | 3760000 | 3204854 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |  |  |
|  Government National Mortgage Association REMICS Series 2016-51, Class DZ<br>3.00% | 04/20/46 | $| 11962714 | $| 9838326 |
|  Government National Mortgage Association REMICS Series 2017-116, Class ZL<br>3.00% | 06/20/47 |  | 10661750 |  | 8207145 |
|  Government National Mortgage Association REMICS Series 2017-117, Class ZN<br>3.00% | 08/20/47 |  | 1168471 |  | 928524 |
|  Government National Mortgage Association REMICS Series 2017-14, Class Z<br>3.00% | 01/20/47 |  | 1612564 |  | 1274303 |
|  Government National Mortgage Association REMICS Series 2017-57, Class Z<br>4.00% | 04/20/47 |  | 5590014 |  | 4733789 |
|  Government National Mortgage Association REMICS Series 2018-113, Class GZ<br>3.00% | 05/20/47 |  | 9928249 |  | 8647978 |
|  Government National Mortgage Association REMICS Series 2018-153, Class ZG<br>3.50% | 11/20/48 |  | 5129309 |  | 4479141 |
|  Government National Mortgage Association REMICS Series 2018-77, Class JY<br>3.50% | 06/20/48 |  | 1996184 |  | 1778613 |
|  Government National Mortgage Association REMICS Series 2018-78, Class NZ<br>3.50% | 06/20/48 |  | 6084232 |  | 5457662 |
|  Government National Mortgage Association REMICS Series 2018-97, Class DZ<br>3.50% | 07/20/48 |  | 2950253 |  | 2564370 |
|  Government National Mortgage Association REMICS Series 2022-128, Class SE (I/O)<br>1.61% (-30 day USD SOFR Average + 5.960%)<sup>(4)</sup> | 07/20/52 |  | 30898006 |  | 3012297 |
|  Government National Mortgage Association REMICS Series 2024-159, Class XS (I/O)<br>1.15% (-30 day USD SOFR Average + 5.500%)<sup>(4)</sup> | 10/20/54 |  | 27958083 |  | 2256616 |
|  Government National Mortgage Association REMICS Series 2025-41, Class HS<br>0.99% (-30 day USD SOFR Average + 5.340%)<sup>(4)</sup> | 03/20/55 |  | 24878075 |  | 1753922 |
|  Government National Mortgage Association REMICS Series 2025-45, Class ST (I/O)<br>0.95% (-30 day USD SOFR Average + 5.300%)<sup>(4)</sup> | 03/20/55 |  | 13864849 |  | 812129 |
|  Government National Mortgage Association, TBA<br>2.00%<sup>(10)</sup> | 10/01/51 |  | 13675000 |  | 11047335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(10)</sup> | 11/01/51 |  | 36925000 |  | 31050860 |
|  Government National Mortgage Association, TBA, 30 Year<br>4.00%<sup>(10)</sup> | 04/01/52 |  | 27025000 |  | 24885823 |
|  Government National Mortgage Association, TBA<br>4.50%<sup>(10)</sup> | 07/01/54 |  | 16125000 |  | 15304987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(10)</sup> | 03/01/55 |  | 40450000 |  | 39489151 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(10)</sup> | 03/01/55 |  | 31500000 |  | 31422683 |
|  Uniform Mortgage-Backed Security, TBA<br>2.00%<sup>(10)</sup> | 09/01/51 |  | 49000000 |  | 38358523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(10)</sup> | 10/01/51 |  | 23150000 |  | 18978208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(10)</sup> | 11/01/51 |  | 21400000 |  | 18323140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(10)</sup> | 12/01/51 |  | 25475000 |  | 22740577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(10)</sup> | 12/01/51 |  | 25575000 |  | 22859792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(10)</sup> | 02/01/52 |  | 4050000 |  | 3734728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(10)</sup> | 02/01/52 |  | 64950000 |  | 59914004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(10)</sup> | 05/01/54 |  | 19225000 |  | 18239584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(10)</sup> | 02/01/55 |  | 18650000 |  | 18155225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(10)</sup> | 02/01/55 |  | 27425000 |  | 27282034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $1,275,091,128) |  |  |  |  | 1230357620 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**16.2%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**16.2%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**16.2%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**16.2%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**16.2%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**16.2%** |
|  ACRE Multifamily Housing Mortgage Loan Trust Series 2022-Q018, Class B<br>8.34% (30 day USD SOFR Average + 4.000%)<sup>(1),(4)</sup> | 06/25/27 |  | 4320149 |  | 4324560 |
|  Arbor Realty Commercial Real Estate Notes Ltd. Series 2021-FL4, Class AS<br>6.16% (1 mo. USD Term SOFR + 1.814%)<sup>(1),(4)</sup> | 11/15/36 |  | 11800000 |  | 11803493 |
|  Bank Series 2020-BN25, Class C<br>3.35%<sup>(2)</sup> | 01/15/63 |  | 4055000 |  | 3529637 |
|  BBCMS Mortgage Trust Series 2024-5C25, Class B<br>6.15%<sup>(2)</sup> | 03/15/57 |  | 5625000 |  | 5748221 |
|  BBCMS Mortgage Trust Series 2024-5C27, Class AS<br>6.41%<sup>(2)</sup> | 07/15/57 |  | 4725000 |  | 4932878 |
|  BBCMS Mortgage Trust Series 2024-5C27, Class B<br>6.70%<sup>(2)</sup> | 07/15/57 |  | 4565000 |  | 4769410 |
|  BBCMS Mortgage Trust Series 2024-5C29, Class AS<br>5.63% | 09/15/57 |  | 3000000 |  | 3052882 |
|  BBCMS Mortgage Trust Series 2024-C24, Class AS<br>5.87% | 02/15/57 |  | 6000000 |  | 6204510 |
|  BBCMS Mortgage Trust Series 2024-C26, Class AS<br>6.09%<sup>(2)</sup> | 05/15/57 |  | 6003000 |  | 6286692 |
|  Benchmark Mortgage Trust Series 2019-B13, Class AM<br>3.18% | 08/15/57 |  | 5000000 |  | 4534914 |
|  Benchmark Mortgage Trust Series 2019-B14, Class 225C<br>3.29%<sup>(1),(2)</sup> | 12/15/62 |  | 8734000 |  | 470270 |
|  Benchmark Mortgage Trust Series 2019-B14, Class 225D<br>3.29%<sup>(1),(2)</sup> | 12/15/62 |  | 20303000 |  | 412498 |
|  Benchmark Mortgage Trust Series 2024-V10, Class AS<br>5.73%<sup>(2)</sup> | 09/15/57 |  | 4694000 |  | 4797059 |
|  BGME Trust Series 2021-VR, Class C<br>2.99%<sup>(1),(2)</sup> | 01/10/43 |  | 3250000 |  | 2462501 |
|  BMO Mortgage Trust Series 2024-5C3, Class AS<br>6.29%<sup>(2)</sup> | 02/15/57 |  | 4540000 |  | 4701065 |
|  BMO Mortgage Trust Series 2024-5C6, Class AS<br>5.75%<sup>(2)</sup> | 09/15/57 |  | 2330000 |  | 2365318 |
|  BMO Mortgage Trust Series 2024-C8, Class AS<br>5.91%<sup>(2)</sup> | 03/15/57 |  | 4011000 |  | 4158752 |
|  BPR Trust Series 2021-WILL, Class A<br>6.21% (1 mo. USD Term SOFR + 1.864%)<sup>(1),(4)</sup> | 06/15/38 |  | 4343394 |  | 4334677 |
|  BPR Trust Series 2024-PMDW, Class D<br>5.85%<sup>(1),(2)</sup> | 11/05/41 |  | 3980000 |  | 3877348 |
|  BX Trust Series 2019-OC11, Class B<br>3.61%<sup>(1)</sup> | 12/09/41 |  | 1196000 |  | 1125744 |
|  BX Trust Series 2019-OC11, Class C<br>3.86%<sup>(1)</sup> | 12/09/41 |  | 1080000 |  | 1013851 |
|  BX Trust Series 2019-OC11, Class E<br>3.94%<sup>(1),(2)</sup> | 12/09/41 |  | 5000000 |  | 4577494 |
|  CAMB Commercial Mortgage Trust Series 2021-CX2, Class C<br>2.77%<sup>(1),(2)</sup> | 11/10/46 |  | 5000000 |  | 4075401 |
|  CHI Commercial Mortgage Trust Series 2025-SFT, Class D<br>7.32%<sup>(1),(2)</sup> | 04/15/42 |  | 4500000 |  | 4597217 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES — NON-AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES — NON-AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES — NON-AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES — NON-AGENCY (Continued)** |
|  Citigroup Commercial Mortgage Trust Series 2018-C5, Class AS<br>4.41%<sup>(2)</sup> | 06/10/51 | $5599188 | $5476846 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class A<br>2.65%<sup>(1)</sup> | 12/10/41 | 9400000 | 8411671 |
|  COMM Mortgage Trust Series 2020-CX, Class B<br>2.45%<sup>(1)</sup> | 11/10/46 | 6000000 | 5032847 |
|  CoreVest American Finance Ltd. Series 2020-1, Class XA (I/O)<br>2.29%<sup>(1),(2)</sup> | 03/15/50 | 8913433 | 310334 |
|  CoreVest American Finance Ltd. Series 2020-1, Class XB (I/O)<br>1.99%<sup>(1),(2)</sup> | 03/15/50 | 38948500 | 2531707 |
|  CoreVest American Finance Ltd. Series 2020-4, Class XA (I/O)<br>3.79%<sup>(1),(2)</sup> | 12/15/52 | 19130425 | 141374 |
|  CoreVest American Finance Ltd. Series 2020-4, Class XB (I/O)<br>2.75%<sup>(1),(2)</sup> | 12/15/52 | 27500000 | 1065430 |
|  CoreVest American Finance Ltd. Series 2021-1, Class XA (I/O)<br>2.84%<sup>(1),(2)</sup> | 04/15/53 | 40297685 | 733978 |
|  CSMC Trust Series 2021-B33, Class A2<br>3.17%<sup>(1)</sup> | 10/10/43 | 5140000 | 4482129 |
|  CSMC Trust Series 2021-BPNY, Class A<br>8.17% (1 mo. USD Term SOFR + 3.829%)<sup>(1),(4)</sup> | 08/15/26 | 8721962 | 8204847 |
|  DBGS Mortgage Trust Series 2018-C1, Class AM<br>4.62%<sup>(2)</sup> | 10/15/51 | 5136000 | 4961083 |
|  DOLP Trust Series 2021-NYC, Class A<br>2.96%<sup>(1)</sup> | 05/10/41 | 14175000 | 12553736 |
|  FirstKey Homes Trust Series 2021-SFR3, Class E1<br>2.99%<sup>(1)</sup> | 12/17/38 | 5500000 | 5283239 |
|  FirstKey Homes Trust Series 2022-SFR3, Class E1<br>3.50%<sup>(1)</sup> | 07/17/38 | 8950000 | 8718462 |
|  Grace Trust Series 2020-GRCE, Class A<br>2.35%<sup>(1)</sup> | 12/10/40 | 7000000 | 6123922 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class A<br>2.94%<sup>(1),(2)</sup> | 12/10/41 | 1750000 | 1616865 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-OSB, Class A<br>3.40%<sup>(1)</sup> | 06/05/39 | 6865000 | 6421408 |
|  Life Mortgage Trust Series 2021-BMR, Class G<br>7.41% (1 mo. USD Term SOFR + 3.064%)<sup>(1),(4)</sup> | 03/15/38 | 2417100 | 2379170 |
|  MKT Mortgage Trust Series 2020-525M, Class C<br>2.94%<sup>(1),(2)</sup> | 02/12/40 | 4900000 | 3924456 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>2.94%<sup>(1),(2)</sup> | 02/12/40 | 7500000 | 5798302 |
|  Morgan Stanley Capital I Trust Series 2019-H7, Class C<br>4.13% | 07/15/52 | 4000000 | 3617237 |
|  Morgan Stanley Capital I Trust Series 2020-CNP, Class A<br>2.43%<sup>(1),(2)</sup> | 04/05/42 | 18000000 | 15683616 |
|  Morgan Stanley Capital I Trust Series 2020-CNP, Class C<br>2.43%<sup>(1),(2)</sup> | 04/05/42 | 3045000 | 2487456 |
|  New Residential Mortgage Loan Trust Series 2022-SFR2, Class E1<br>4.00%<sup>(1)</sup> | 09/04/39 | 5750000 | 5477151 |
|  NY Commercial Mortgage Trust Series 2025-299P, Class B<br>5.93%<sup>(1),(2)</sup> | 02/10/47 | 5885000 | 6027823 |
|  One Bryant Park Trust Series 2019-OBP, Class A<br>2.52%<sup>(1)</sup> | 09/15/54 | 6870000 | 6229535 |
|  Progress Residential Trust Series 2021-SFR11, Class F<br>4.42%<sup>(1)</sup> | 01/17/39 | 2874000 | 2760531 |
|  Progress Residential Trust Series 2021-SFR3, Class G<br>4.25%<sup>(1)</sup> | 05/17/26 | 3400000 | 3366291 |
|  Progress Residential Trust Series 2021-SFR7, Class F<br>3.83%<sup>(1)</sup> | 08/17/40 | 8970000 | 8331454 |
|  Progress Residential Trust Series 2024-SFR5, Class D<br>3.38%<sup>(1),(2)</sup> | 08/09/29 | 4621000 | 4240316 |
|  RIDE Series 2025-SHRE, Class D<br>6.75%<sup>(1),(2)</sup> | 02/14/47 | 2500000 | 2532960 |
|  ROCK Trust Series 2024-CNTR, Class E<br>8.82%<sup>(1)</sup> | 11/13/41 | 4000000 | 4220128 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A2A<br>3.66%<sup>(1),(2)</sup> | 01/05/43 | 15597000 | 13110919 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A2B<br>4.14%<sup>(1),(2)</sup> | 01/05/43 | 1370000 | 1173739 |
|  SLG Office Trust Series 2021-OVA, Class D<br>2.85%<sup>(1)</sup> | 07/15/41 | 1285000 | 1094195 |
|  SLG Office Trust Series 2021-OVA, Class E<br>2.85%<sup>(1)</sup> | 07/15/41 | 4800000 | 3993583 |
|  SLG Office Trust Series 2021-OVA, Class G<br>2.85%<sup>(1)</sup> | 07/15/41 | 16460000 | 12586783 |
|  Wells Fargo Commercial Mortgage Trust Series 2016-NXS6, Class XB<br>0.55%<sup>(2)</sup> | 11/15/49 | 106409000 | 499260 |
|  Wells Fargo Commercial Mortgage Trust Series 2024-SVEN, Class B<br>6.26%<sup>(1),(2)</sup> | 06/10/37 | 4632000 | 4722538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $384,695,840) |  |  | 294483713 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.2%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K042, Class X3 (I/O)<br>4.16%<sup>(2)</sup> | 01/25/43 | 1891088 | 19 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K045, Class X3 (I/O)<br>2.96%<sup>(2)</sup> | 04/25/43 | 752803 | 7 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K046, Class X3 (I/O)<br>3.40%<sup>(2)</sup> | 04/25/43 | 3583633 | 36 |
|  FREMF Mortgage Trust Series 2017-KW03, Class C<br>0.00%<sup>(1),(5)</sup> | 08/25/27 | 4500000 | 3747897 |
|  **Total Commercial Mortgage-backed Securities—Agency** (Cost: $4,160,508) |  |  | 3747959 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—23.2%** |  |  |  |
|  ABFC Trust Series 2007-WMC1, Class A2A<br>3.41% (1 mo. USD Term SOFR + 0.864%)<sup>(4)</sup> | 06/25/37 | 8334362 | 6934625 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP1, Class A2C<br>4.99% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 03/25/37 | 10217290 | 4093148 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP1, Class A2D<br>5.23% (1 mo. USD Term SOFR + 0.874%)<sup>(4)</sup> | 03/25/37 | 5491685 | 2199800 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |
|  Argent Securities Trust Series 2006-W4, Class A2C<br>4.79% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 05/25/36 | $16180742 | $3890828 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W3, Class M2<br>5.16% (1 mo. USD Term SOFR + 0.804%)<sup>(4)</sup> | 11/25/35 | 7603398 | 6674909 |
|  Banc of America Funding Trust Series 2004-B, Class 3A1<br>4.71%<sup>(2)</sup> | 12/20/34 | 131455 | 107797 |
|  Banc of America Funding Trust Series 2006-3, Class 4A14<br>6.00% | 03/25/36 | 138395 | 116450 |
|  Banc of America Funding Trust Series 2006-3, Class 5A3<br>5.50% | 03/25/36 | 882978 | 797056 |
|  Banc of America Funding Trust Series 2006-D, Class 2A1<br>3.50%<sup>(2)</sup> | 05/20/36 | 40081 | 36767 |
|  Banc of America Funding Trust Series 2006-D, Class 3A1<br>4.91%<sup>(2)</sup> | 05/20/36 | 1080640 | 963246 |
|  Bear Stearns ALT-A Trust Series 2005-2, Class 2A4<br>3.96%<sup>(2)</sup> | 04/25/35 | 738 | 668 |
|  Bear Stearns ALT-A Trust Series 2005-4, Class 23A1<br>5.46%<sup>(2)</sup> | 05/25/35 | 1194809 | 1137918 |
|  Bear Stearns ALT-A Trust Series 2006-4, Class 32A1<br>4.22%<sup>(2)</sup> | 07/25/36 | 279267 | 117176 |
|  Bear Stearns ARM Trust Series 2004-12, Class 1A1<br>5.63%<sup>(2)</sup> | 02/25/35 | 167111 | 157205 |
|  Bear Stearns ARM Trust Series 2005-10, Class A3<br>6.42%<sup>(2)</sup> | 10/25/35 | 971842 | 969802 |
|  Bear Stearns ARM Trust Series 2006-2, Class 2A1<br>4.42%<sup>(2)</sup> | 07/25/36 | 519997 | 448083 |
|  Bear Stearns ARM Trust Series 2007-1, Class 2A1<br>5.78%<sup>(2)</sup> | 02/25/47 | 81678 | 70805 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2005-AC6, Class 1A3<br>5.50%<sup>(2)</sup> | 09/25/35 | 595552 | 569451 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2005-AC6, Class 1A4<br>5.40%<sup>(2)</sup> | 09/25/35 | 1273392 | 1217686 |
|  Bear Stearns Mortgage Funding Trust Series 2006-AR1, Class 2A1<br>4.91% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 08/25/36 | 7480048 | 7007822 |
|  Bear Stearns Mortgage Funding Trust Series 2006-AR3, Class 1A1<br>4.83% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 10/25/36 | 224904 | 199514 |
|  Braccan Mortgage Funding PLC Series 2025-1A, Class X<br>8.16% (1 day GBP SONIA + 3.930%)<sup>(1)</sup> | 05/17/67 | 1800000 | 2397515 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2B<br>3.51% | 02/25/37 | 1982332 | 1150018 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.51% | 02/25/37 | 6818839 | 3955839 |
|  C-BASS Trust Series 2006-CB9, Class A4<br>4.93% (1 mo. USD Term SOFR + 0.574%)<sup>(4)</sup> | 11/25/36 | 10930016 | 4944308 |
|  Chase Mortgage Finance Trust Series 2006-A1, Class 2A1<br>5.53%<sup>(2)</sup> | 09/25/36 | 245007 | 216980 |
|  Chase Mortgage Finance Trust Series 2007-A1, Class 8A1<br>6.79%<sup>(2)</sup> | 02/25/37 | 813855 | 797372 |
|  ChaseFlex Trust Series 2005-1, Class 1A5<br>6.50% | 02/25/35 | 1981143 | 1325881 |
|  CHL Mortgage Pass-Through Trust Series 2005-HYB5, Class 4A1<br>5.21%<sup>(2)</sup> | 09/20/35 | $7167 | $6213 |
|  CHL Mortgage Pass-Through Trust Series 2007-HY5, Class 1A1<br>5.31%<sup>(2)</sup> | 09/25/47 | 3201 | 2513 |
|  CHL Mortgage Pass-Through Trust Series 2007-HYB1, Class 1A1<br>3.91%<sup>(2)</sup> | 03/25/37 | 26483 | 22370 |
|  CIM Trust Series 2019-R3, Class A<br>2.63%<sup>(1),(2)</sup> | 06/25/58 | 7127427 | 6659540 |
|  CIM Trust Series 2020-R1, Class A1<br>2.85%<sup>(1),(2)</sup> | 10/27/59 | 15055318 | 13622861 |
|  CIM Trust Series 2020-R3, Class A1A<br>4.00%<sup>(1),(2)</sup> | 01/26/60 | 9503325 | 9141839 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(2)</sup> | 12/25/60 | 8576153 | 7840497 |
|  CIM Trust Series 2020-R7, Class A1A<br>2.25%<sup>(1),(2)</sup> | 12/27/61 | 13149646 | 12044228 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(2)</sup> | 06/25/57 | 9262974 | 8552300 |
|  CIM Trust Series 2023-R1, Class A1A<br>5.40%<sup>(1),(2)</sup> | 04/25/62 | 6269046 | 6215512 |
|  CIM Trust Series 2023-R1, Class A1B<br>5.40%<sup>(1),(2)</sup> | 04/25/62 | 13400000 | 11841792 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-AR5, Class 1A1A<br>6.03%<sup>(2)</sup> | 07/25/36 | 1436375 | 1040248 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-12, Class 2A1<br>6.50%<sup>(1),(2)</sup> | 10/25/36 | 2141472 | 1081957 |
|  CitiMortgage Alternative Loan Trust Series 2007-A5, Class 1A6<br>6.00% | 05/25/37 | 6430329 | 5840923 |
|  Conseco Finance Corp. Series 1999-2, Class A7<br>6.44% | 12/01/30 | 248764 | 249940 |
|  Conseco Finance Securitizations Corp. Series 2000-4, Class A5<br>7.97% | 05/01/32 | 45277023 | 6027689 |
|  Countrywide Alternative Loan Trust Series 2005-84, Class 1A1<br>5.26%<sup>(2)</sup> | 02/25/36 | 73095 | 62728 |
|  Countrywide Alternative Loan Trust Series 2007-19, Class 1A34<br>6.00% | 08/25/37 | 10964245 | 5059303 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2005-12, Class 1A1<br>6.50% | 01/25/36 | 6004288 | 1310887 |
|  CSMC Mortgage-Backed Trust Series 2006-8, Class 3A1<br>6.00% | 10/25/21 | 607619 | 146807 |
|  CSMC Mortgage-Backed Trust Series 2006-9, Class 5A1<br>5.50%<sup>(7)</sup> | 11/25/36 | 64637 | 1 |
|  CSMC Trust Series 2021-NQM5, Class A1<br>0.94%<sup>(1),(2)</sup> | 05/25/66 | 3580307 | 3005173 |
|  CSMC Trust Series 2021-RP11, Class A1 (I/O)<br>1.48%<sup>(1),(2),(3)</sup> | 10/25/61 | 9945588 | 541308 |
|  CSMC Trust Series 2021-RP11, Class B1<br>3.73%<sup>(1),(2)</sup> | 10/25/61 | 2336018 | 1170849 |
|  CSMC Trust Series 2022-RPL1, Class A1 (I/O)<br>0.46%<sup>(1),(2),(3)</sup> | 04/25/61 | 8683166 | 98120 |
|  CSMC Trust Series 2022-RPL1, Class B1<br>4.61%<sup>(1),(2)</sup> | 04/25/61 | 2096514 | 1216279 |
|  CSMCM Trust Series 2021-RP11, Class CERT<br>3.78%<sup>(1)</sup> | 10/27/61 | 487961 | 376673 |
|  CSMCM Trust Series 2022-RPL1, Class CERT<br>4.23%<sup>(1)</sup> | 04/25/61 | 455273 | 379326 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR6, Class A6<br>4.85% (1 mo. USD Term SOFR + 0.494%)<sup>(4)</sup> | 02/25/37 | $128596 | $110971 |
|  DSLA Mortgage Loan Trust Series 2005-AR6, Class 2A1A<br>5.05% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 10/19/45 | 1445497 | 1321951 |
|  DSLA Mortgage Loan Trust Series 2007-AR1, Class 2A1A<br>4.61% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 03/19/37 | 3478140 | 2862630 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-DNA6, Class B2<br>11.85% (30 day USD SOFR Average + 7.500%)<sup>(1),(4)</sup> | 10/25/41 | 4000000 | 4251904 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-HQA3, Class B2<br>10.60% (30 day USD SOFR Average + 6.250%)<sup>(1),(4)</sup> | 09/25/41 | 3050000 | 3181428 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R01, Class 1B2<br>10.35% (30 day USD SOFR Average + 6.000%)<sup>(1),(4)</sup> | 10/25/41 | 3460000 | 3614005 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R03, Class 1B2<br>9.85% (30 day USD SOFR Average + 5.500%)<sup>(1),(4)</sup> | 12/25/41 | 4760000 | 4966443 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2022-R01, Class 1B2<br>10.35% (30 day USD SOFR Average + 6.000%)<sup>(1),(4)</sup> | 12/25/41 | 3005000 | 3155495 |
|  Fieldstone Mortgage Investment Trust Series 2007-1, Class 2A2<br>4.97% (1 mo. USD Term SOFR + 0.384%)<sup>(4)</sup> | 04/25/47 | 2153343 | 1618495 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2C<br>4.79% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 12/25/37 | 8081848 | 7379392 |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2C<br>4.75% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 01/25/38 | 2875790 | 1574370 |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2D<br>4.91% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 01/25/38 | 14075829 | 7707662 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A1<br>4.75% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 03/25/37 | 29822708 | 15404491 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2C<br>4.77% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 03/25/37 | 19639124 | 9257638 |
|  GSAA Trust Series 2005-7, Class AF5<br>5.11% | 05/25/35 | 22798 | 22454 |
|  GSR Mortgage Loan Trust Series 2004-9, Class 3A1<br>4.92%<sup>(2)</sup> | 08/25/34 | 531341 | 504513 |
|  GSR Mortgage Loan Trust Series 2006-OA1, Class 2A2<br>4.99% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 08/25/46 | 42649434 | 9360890 |
|  GSR Mortgage Loan Trust Series 2007-AR2, Class 2A1<br>5.25%<sup>(2)</sup> | 05/25/37 | 1459919 | 761802 |
|  HSI Asset Loan Obligation Trust Series 2007-2, Class 2A12<br>6.00% | 09/25/37 | 435815 | 315346 |
|  Impac CMB Trust Series 2005-1, Class 1A1<br>4.99% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 04/25/35 | 248637 | 239650 |
|  Impac CMB Trust Series 2005-5, Class A2<br>4.91% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 08/25/35 | 1477688 | 1383435 |
|  Impac Secured Assets Trust Series 2006-3, Class A1<br>4.81% (1 mo. USD Term SOFR + 0.454%)<sup>(4)</sup> | 11/25/36 | 2626263 | 2387951 |
|  IndyMac INDA Mortgage Loan Trust Series 2007-AR7, Class 1A1<br>3.50%<sup>(2)</sup> | 11/25/37 | 1195451 | 984688 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR9, Class 4A<br>5.21%<sup>(2)</sup> | 11/25/34 | 128421 | 123280 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR23, Class 2A1<br>4.67%<sup>(2)</sup> | 11/25/35 | 1369309 | 1054243 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR25, Class 2A1<br>3.84%<sup>(2)</sup> | 12/25/35 | 1024516 | 864243 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR7, Class 2A1<br>3.35%<sup>(2)</sup> | 06/25/35 | 722921 | 596990 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR39, Class A1<br>4.83% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 02/25/37 | 3804735 | 3482770 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR6, Class 2A1A<br>4.87% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 06/25/46 | 6012442 | 5267925 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-AR11, Class 1A1<br>3.34%<sup>(2)</sup> | 06/25/37 | 10039 | 8973 |
|  JPMorgan Alternative Loan Trust Series 2006-A2, Class 5A1<br>4.45%<sup>(2)</sup> | 05/25/36 | 2843894 | 1605380 |
|  JPMorgan Alternative Loan Trust Series 2006-A4, Class A8<br>4.20%<sup>(2)</sup> | 09/25/36 | 127863 | 150484 |
|  JPMorgan Mortgage Acquisition Trust Series 2006-CH2, Class AF4<br>5.76% | 10/25/36 | 3304139 | 1967368 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |
|  JPMorgan Mortgage Acquisition Trust Series 2006-WMC4, Class A3<br>4.71% (1 mo. USD Term SOFR + 0.354%)<sup>(4)</sup> | 12/25/36 | $23285190 | $11506984 |
|  JPMorgan Mortgage Trust Series 2006-A2, Class 5A3<br>7.05%<sup>(2)</sup> | 11/25/33 | 205451 | 203370 |
|  JPMorgan Mortgage Trust Series 2006-A4, Class 1A4<br>5.17%<sup>(2)</sup> | 06/25/36 | 147464 | 99256 |
|  JPMorgan Mortgage Trust Series 2006-A7, Class 2A4R<br>4.55%<sup>(2)</sup> | 01/25/37 | 5985 | 4658 |
|  JPMorgan Mortgage Trust Series 2006-S2, Class 2A2<br>5.88%<sup>(7)</sup> | 06/25/21 | 25795 |  |
|  JPMorgan Mortgage Trust Series 2022-INV1, Class A8<br>3.00%<sup>(1),(2)</sup> | 03/25/52 | 6674888 | 5461302 |
|  JPMorgan Mortgage Trust Series 2024-3, Class A8<br>3.00%<sup>(1),(2)</sup> | 05/25/54 | 10800000 | 8684114 |
|  JPMortgage Trust Series 2021-4, Class A8<br>2.50%<sup>(1),(2)</sup> | 08/25/51 | 10544878 | 8577648 |
|  Lehman Mortgage Trust Series 2006-4, Class 4A1<br>6.00%<sup>(11)</sup> | 08/25/21 | 461427 | 307939 |
|  Lehman XS Trust Series 2006-10N, Class 1A3A<br>4.89% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 07/25/46 | 4968250 | 4767162 |
|  Lehman XS Trust Series 2006-12N, Class A31A<br>4.87% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 08/25/46 | 1404916 | 1452887 |
|  MASTR Alternative Loan Trust Series 2005-4, Class 1A1<br>6.50%<sup>(11)</sup> | 05/25/35 | 3854162 | 3040170 |
|  MASTR Alternative Loan Trust Series 2006-2, Class 2A1<br>4.87% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 03/25/36 | 65324 | 6041 |
|  MASTR Asset Securitization Trust Series 2006-3, Class 2A1<br>4.92% (1 mo. USD Term SOFR + 0.564%)<sup>(4)</sup> | 10/25/36 | 28197 | 4284 |
|  MASTR Asset-Backed Securities Trust Series 2006-AB1, Class A4<br>6.22% | 02/25/36 | 142852 | 120122 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>6.72%<sup>(2)</sup> | 10/25/32 | 2657 | 2609 |
|  Merrill Lynch Alternative Note Asset Trust Series 2007-A1, Class A3<br>4.79% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 01/25/37 | 731164 | 219301 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2C<br>4.97% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 04/25/37 | 17317176 | 6563194 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2D<br>5.15% (1 mo. USD Term SOFR + 0.794%)<sup>(4)</sup> | 04/25/37 | 4421484 | 1684988 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2C<br>4.95% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 05/25/37 | 2155043 | 1552022 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2B<br>4.73% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 06/25/37 | 673235 | 669591 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A3<br>4.79% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 07/25/37 | 9549082 | 9451225 |
|  Merrill Lynch Mortgage-Backed Securities Trust Series 2007-2, Class 1A1<br>6.37% (1 yr. CMT + 2.400%)<sup>(4)</sup> | 08/25/36 | 377724 | 321610 |
|  Mid-State Capital Corp. Trust Series 2005-1, Class A<br>5.75% | 01/15/40 | 364389 | 363846 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2004-NC8, Class M2<br>5.43% (1 mo. USD Term SOFR + 1.074%)<sup>(4)</sup> | 09/25/34 | 275289 | 286458 |
|  Morgan Stanley Mortgage Loan Trust Series 2007-3XS, Class 2A6 6.26% | 01/25/47 | 1992015 | 578631 |
|  Morgan Stanley Residential Mortgage Loan Trust Series 2024-INV3, Class A1<br>6.50%<sup>(1),(2)</sup> | 06/25/54 | 7618536 | 7759222 |
|  MortgageIT Trust Series 2005-4, Class A1<br>5.03% (1 mo. USD Term SOFR + 0.674%)<sup>(4)</sup> | 10/25/35 | 274684 | 273532 |
|  Oakwood Mortgage Investors, Inc. Series 1999-E, Class A1<br>7.61%<sup>(2)</sup> | 03/15/30 | 4397690 | 1896283 |
|  Ownit Mortgage Loan Trust Series 2006-6, Class A2C<br>4.79% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 09/25/37 | 12980397 | 5656551 |
|  PRET LLC Series 2022-RN1, Class A1<br>6.72%<sup>(1)</sup> | 07/25/51 | 6525312 | 6532028 |
|  PRKCM Trust Series 2021-AFC2, Class A1<br>2.07%<sup>(1),(2)</sup> | 11/25/56 | 4761960 | 4199763 |
|  RAAC Trust Series 2005-SP1, Class 4A1<br>7.00% | 09/25/34 | 542085 | 539111 |
|  RALI Trust Series 2005-QA13, Class 2A1<br>5.30%<sup>(2),(11)</sup> | 12/25/35 | 310458 | 272512 |
|  RALI Trust Series 2005-QA7, Class A21<br>5.37%<sup>(2),(11)</sup> | 07/25/35 | 688176 | 647551 |
|  RALI Trust Series 2005-QA8, Class CB21<br>5.20%<sup>(2)</sup> | 07/25/35 | 2200229 | 1123030 |
|  RALI Trust Series 2006-QA1, Class A21<br>5.18%<sup>(2)</sup> | 01/25/36 | 8305 | 5569 |
|  RALI Trust Series 2006-QA2, Class 1A1<br>4.72% (1 mo. USD Term SOFR + 0.364%)<sup>(4)</sup> | 02/25/36 | 9562 | 6113 |
|  RALI Trust Series 2006-QS10, Class AV (I/O)<br>0.57%<sup>(2)</sup> | 08/25/36 | 14359528 | 266610 |
|  RALI Trust Series 2006-QS5, Class A5<br>6.00% | 05/25/36 | 1709946 | 1423497 |
|  RALI Trust Series 2006-QS6, Class 1AV (I/O)<br>0.76%<sup>(2),(7)</sup> | 06/25/36 | 20350308 | 529759 |
|  RALI Trust Series 2006-QS7, Class AV (I/O)<br>0.73%<sup>(2)</sup> | 06/25/36 | 3829452 | 94621 |
|  RALI Trust Series 2007-QS1, Class 2AV (I/O)<br>0.17%<sup>(2)</sup> | 01/25/37 | 1054415 | 6511 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |
|  RALI Trust Series 2007-QS2, Class AV (I/O)<br>0.15%<sup>(2),(7)</sup> | 01/25/37 | $7088540 | $71296 |
|  RALI Trust Series 2007-QS3, Class AV (I/O)<br>0.28%<sup>(2)</sup> | 02/25/37 | 33811088 | 491147 |
|  RALI Trust Series 2007-QS4, Class 3AV (I/O)<br>0.38%<sup>(2)</sup> | 03/25/37 | 3585056 | 43662 |
|  RALI Trust Series 2007-QS5, Class AV (I/O)<br>0.28%<sup>(2)</sup> | 03/25/37 | 4866721 | 56015 |
|  RALI Trust Series 2007-QS6, Class A45<br>5.75% | 04/25/37 | 1148162 | 938268 |
|  RALI Trust Series 2007-QS8, Class AV (I/O)<br>0.44%<sup>(2)</sup> | 06/25/37 | 8143568 | 139699 |
|  Residential Asset Securitization Trust Series 2007-A3, Class 1A4<br>5.75% | 04/25/37 | 2234623 | 991563 |
|  RFMSI Trust Series 2005-SA5, Class 2A<br>5.33%<sup>(2)</sup> | 11/25/35 | 6475 | 5843 |
|  RFMSI Trust Series 2006-S9, Class A3 (PAC)<br>5.75% | 09/25/36 | 249535 | 197226 |
|  RFMSI Trust Series 2007-S2, Class A9<br>6.00% | 02/25/37 | 2707219 | 2063648 |
|  RFMSI Trust Series 2007-SA2, Class 2A2<br>5.59%<sup>(2)</sup> | 04/25/37 | 7776 | 6698 |
|  Roc Mortgage Trust Series 2021-RTL1, Class A1<br>3.49%<sup>(1),(2)</sup> | 08/25/26 | 228631 | 228110 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2C<br>4.71% (1 mo. USD Term SOFR + 0.354%)<sup>(4)</sup> | 05/25/47 | 9297271 | 6758767 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF2<br>2.84% | 01/25/36 | 2508920 | 2128017 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR1, Class A2C<br>5.15% (1 mo. USD Term SOFR + 0.794%)<sup>(4)</sup> | 02/25/37 | 7019010 | 2952544 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC2, Class A2B<br>4.75% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 01/25/37 | 10490754 | 8972910 |
|  Sequoia Mortgage Trust Series 2003-8, Class A1<br>5.11% (1 mo. USD Term SOFR + 0.754%)<sup>(4)</sup> | 01/20/34 | 131168 | 127036 |
|  Soundview Home Loan Trust Series 2007-OPT3, Class 2A4<br>4.72% (1 mo. USD Term SOFR + 0.364%)<sup>(4)</sup> | 08/25/37 | 4000000 | 3663259 |
|  STARM Mortgage Loan Trust Series 2007-1, Class 1A1<br>6.88%<sup>(2)</sup> | 02/25/37 | 1336110 | 735792 |
|  STARM Mortgage Loan Trust Series 2007-2, Class 2A1<br>5.88%<sup>(2)</sup> | 04/25/37 | 78761 | 42943 |
|  STARM Mortgage Loan Trust Series 2007-3, Class 1A1<br>6.58%<sup>(2)</sup> | 06/25/37 | 1693 | 793 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>4.95%<sup>(2)</sup> | 09/25/34 | 225772 | 220477 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-14, Class 2A<br>5.55%<sup>(2)</sup> | 10/25/34 | 577412 | 568490 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2006-5, Class 1A1<br>5.03%<sup>(2)</sup> | 06/25/36 | 1177594 | 1083990 |
|  Structured Asset Mortgage Investments II Trust Series 2007-AR4, Class A5<br>4.91% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 09/25/47 | 10651458 | 9396317 |
|  Towd Point Mortgage Trust Series 2018-2, Class B1<br>3.74%<sup>(1),(2)</sup> | 03/25/58 | 13050000 | 11243178 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR14, Class A1<br>5.27%<sup>(2)</sup> | 01/25/35 | 1695508 | 1591489 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR14, Class 2A1<br>5.13%<sup>(2)</sup> | 12/25/35 | 263619 | 244359 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR18, Class 1A1<br>4.98%<sup>(2)</sup> | 01/25/36 | 569573 | 548244 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR11, Class 1A<br>4.93% (1 yr. MTA + 0.960%)<sup>(4)</sup> | 09/25/46 | 1640209 | 1371937 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR17, Class 1A1A<br>4.02% (1 yr. MTA + 0.810%)<sup>(4)</sup> | 12/25/46 | 1714182 | 1492966 |
|  Washington Mutual Asset-Backed Certificates WMABS Trust Series 2007-HE2, Class 2A1<br>4.67% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 02/25/37 | 14984995 | 4637866 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2006-1, Class 3A2<br>5.75%<sup>(11)</sup> | 02/25/36 | 412357 | 385759 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2006-5, Class 1A1<br>5.07% (1 mo. USD Term SOFR + 0.714%)<sup>(4),(11)</sup> | 07/25/36 | 931637 | 680549 |
|  Washington Mutual MSC Mortgage Pass-Through Certificates Trust Series 2002-AR1, Class 1A1<br>6.81%<sup>(2)</sup> | 11/25/30 | 8622 | 8686 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust Series 2007-1, Class A3<br>5.11% (1 mo. USD Term SOFR + 0.754%)<sup>(4)</sup> | 03/25/37 | 5521000 | 5166376 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006-AR11, Class A6<br>6.21%<sup>(2)</sup> | 08/25/36 | 733651 | 675022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $452,922,128) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $452,922,128) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $452,922,128) | 420638421 |
|  **CORPORATE BONDS**—**0.2%** |  |  |  |
|  **Diversified Financial Services—0.2%** |  |  |  |
|  CLO Warehouse Investment Onex<br>1.00%<sup>(7)</sup> | 08/19/25 | 3250000 | 2782000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $3,034,000) |  |  | 2782000 |
|  **U.S. TREASURY SECURITIES**—**1.4%** |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 05/15/55 | 4859000 | 4752709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(9)</sup> | 08/15/55 | 195000 | 191179 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **U.S. TREASURY SECURITIES (Continued)** |  |  |  |
|  U.S. Treasury Notes<br>3.88% | 07/31/30 | $20500000 | $20425528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $25,350,602) |  |  | 25369416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $2,253,816,338) |  |  | 2075699266 |
| **Security** |  | **Shares** |  |
|  **INVESTMENT COMPANIES**—**0.8%** |  |  |  |
|  TCW Private Asset Income Fund—I Class<sup>(12),(13)</sup> |  | 1365225 | 13665906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $13,649,382) |  |  | 13665906 |
|  **MONEY MARKET INVESTMENTS**—**7.3%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.25%<sup>(14)</sup> |  | 12695099 | 12695099 |
|  TCW Central Cash Fund, 4.34%<sup>(12),(14)</sup> |  | 120345387 | 120345387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments (**Cost: $133,040,486**)** |  |  | 133040486 |
|  **PURCHASED OPTIONS(15) (0.1%)** (Cost: $1,186,147) |  |  | 1299755 |
|  **Total Investments (122.6%)** (Cost: $2,401,692,352) |  |  | 2223705413 |
|  **Liabilities In Excess Of Other Assets (-22.6%)** |  |  | (410208264) |
|  **Net Assets (100.0%)** |  |  | $1813497149 |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  | **FUTURES CONTRACTS**  |
| **Number of**<br> **Contracts** | **Type** | **Expiration<br>Date** | **Notional<br>Contract<br>Value** | **Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 656 | 5-Year U.S. Treasury Note Futures | 09/30/25 | 70638529 | $70960750 | $322221 |
| 1032 | U.S. Ultra Long Bond Futures | 09/19/25 | 117443199 | 121066500 | 3623301 |
| 1302 | 2-Year U.S. Treasury Note Futures | 09/30/25 | 269786538 | 269493658 | (292880) |
|  |  |  | $457868266 | $461520908 | $3652642 |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 1841 | 10-Year U.S. Treasury Note Futures | 09/19/25 | (205368379) | $(208176828) | $(2808449) |
|  |  |  | $(205368379) | $(208176828) | $(2808449) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  | **FORWARD CURRENCY EXCHANGE CONTRACTS**  |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for<br>USD** | **Contracts at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL<sup>(17)</sup>** | **SELL<sup>(17)</sup>** |  |  |  |  |  |
|  Citibank N.A. | GBP | 5001000 | 10/10/25 | 6795284 | 6622352 | 172932 |
|  |  |  |  | $6795284 | $6622352 | $172932 |

---

**PURCHASED SWAPTIONS**—**OTC**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  2-Year Interest Rate Swap | Citibank N.A. | 3.73 | 1/30/26 | 63727000 | 63727000 | 162472 | 127454 | 35018 |
|  2-Year Interest Rate Swap | Citibank N.A. | 3.98 | 1/30/26 | 31863500 | 31863500 | 39559 | 35050 | 4509 |
|  2-Year Interest Rate Swap | Citibank N.A. | 3.73 | 2/27/26 | 63727000 | 63727000 | 177174 | 146572 | 30602 |
|  2-Year Interest Rate Swap | Citibank N.A. | 3.98 | 2/27/26 | 31863500 | 31863500 | 46402 | 38236 | 8166 |
|  2-Year Interest Rate Swap | Citibank N.A. | 3.73 | 3/31/26 | 63727000 | 63727000 | 191799 | 159317 | 32482 |
|  2-Year Interest Rate Swap | Citibank N.A. | 3.98 | 3/31/26 | 31863500 | 31863500 | 53556 | 44609 | 8947 |
|  5-Year Interest Rate Swap | Citibank N.A. | 3.88 | 1/30/26 | 26960000 | 26960000 | 145193 | 140192 | 5001 |
|  5-Year Interest Rate Swap | Citibank N.A. | 4.13 | 1/30/26 | 13480000 | 13480000 | 39012 | 40440 | (1428) |
|  5-Year Interest Rate Swap | Citibank N.A. | 3.88 | 2/27/26 | 26960000 | 26960000 | 163547 | 161760 | 1787 |
|  5-Year Interest Rate Swap | Citibank N.A. | 4.13 | 2/27/26 | 13480000 | 13480000 | 46517 | 48528 | (2011) |
|  5-Year Interest Rate Swap | Citibank N.A. | 3.88 | 3/31/26 | 26960000 | 26960000 | 180538 | 186024 | (5486) |
|  5-Year Interest Rate Swap | Citibank N.A. | 4.13 | 3/31/26 | 13480000 | 13480000 | 53986 | 57964 | (3978) |
|  |  |  |  |  |  | $1299755 | $1186146 | $113609 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
|  ABS | Asset-Backed Securities. |
|  ACES | Alternative Credit Enhancement Securities. |
|  CLO | Collateralized Loan Obligation. |
|  EUR | Euro Currency. |
|  I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
|  I/O | Interest Only Security. |
|  LIBOR | London Interbank Offered Rate. |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | |
|:---|:---|
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TBA | To Be Announced. |
| (1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At July 31, 2025, the value of these securities amounted to $468,710,380 or 25.9% of net assets. These securities are determined to be liquid by the Fund's investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Company's Board of Directors. |
| (2) | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above. |
| (3) | Restricted security (Note 4). |
| (4) | Floating or variable rate security. The interest shown reflects the rate in effect at July 31, 2025. |
| (5) | Security is not accruing interest. |
| (6) | This security is a residual or equity position that does not have a stated interest rate. This residual or equity position is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debt holders and fund expenses. |
| (7) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (8) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At July 31, 2025, the value of these securities amounted to $2,008,960 or 0.1% of net assets. |
| (9) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (10) | Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered. |
| (11) | A portion of the principal balance has been written-off during the period due to defaults in the underlying loans. Cost basis has been adjusted. |
| (12) | Affiliated issuer. |
| (13) | Non-income producing security. |
| (14) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (15) | See options table for description of purchased options. |
| (16) | Fund buys foreign currency, sells USD. |
| (17) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW Securitized Bond Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

The summary of the TCW Securitized Bond Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,<br>2025** | **Value at July 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net Realized<br>Gain (Loss) on<br>Investments** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $28651674 | $756093713 | $664400000 | 120345387 | $120345387 | $2446897 | $– $|  | $— |
|  TCW Private Asset Income Fund—I Class |  | 13649382 |  | 1365225 | 13665906 | 272646 | – |  | 16524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $134011293 | $2719543 | $– $|  | $16524 |

---

------

**TCW Securitized Bond Fund** 

Investments by Sector (Unaudited) July 31, 2025

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Residential Mortgage-Backed Securities—Agency | 67.8% |
|  Residential Mortgage-Backed Securities—Non-Agency | 23.2 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 16.2 |
|  Money Market Investments | 7.3 |
|  Asset-Backed Securities | 5.4 |
|  U.S. Treasury Securities | 1.4 |
|  Investment Companies | 0.8 |
|  Commercial Mortgage-Backed Securities—Agency | 0.2 |
|  Corporate Bonds | 0.2 |
|  Purchased Swaptions—OTC | 0.1 |
|  Other\* | (22.6) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0% |

---

*\** *Includes futures, swap agreements, pending trades, interest receivable, fund share transactions and accrued expenses payable.* 

------

**TCW Securitized Bond Fund** 

Fair Valuation Summary (Unaudited) July 31, 2025

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices<br>in Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency | $— | $1224553245 | $5804375 | $1230357620 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 420638421 |  | 420638421 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 294483713 |  | 294483713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 76195815 | 22124322 | 98320137 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities |  | 25369416 |  | 25369416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 3747959 |  | 3747959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  |  | 2782000 | 2782000 |
|  Total Fixed Income Securities |  | 2044988569 | 30710697 | 2075699266 |
|  Money Market Investments | 133040486 |  |  | 133040486 |
|  Investment Companies | 13665906 |  |  | 13665906 |
|  Purchased Options |  | 1299755 |  | 1299755 |
|  Total Investments | $146706392 | $2046288324 | $30710697 | $2223705413 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 172932 |  | 172932 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 3945522 |  |  | 3945522 |
|  Total | $150651914 | $2046461256 | $30710697 | $2227823867 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(3101329) | $— | $— | $(3101329) |
|  Total | $(3101329) | $— | $— | $(3101329) |

---

------

---

| |
|:---|
| **TCW White Oak Emerging Markets Equity Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | **Value** |
|  **COMMON STOCK**—**97.7%** |  |  |
|  **Australia—0.4%** (Cost: $26,721) |  |  |
|  Mader Group Ltd. | 6900 | $32742 |
|  **Austria—0.4%** (Cost: $28,015) |  |  |
|  Vienna Insurance Group AG Wiener Versicherung Gruppe | 700 | 37044 |
|  **Brazil—3.2%** |  |  |
|  B3 SA - Brasil Bolsa Balcao | 21600 | 48535 |
|  Itau Unibanco Holding SA | 8220 | 46000 |
|  MercadoLibre, Inc.<sup>(1)</sup> | 21 | 49852 |
|  Raia Drogasil SA | 21700 | 52210 |
|  Rede D'Or Sao Luiz SA | 6900 | 40055 |
|  Vivara Participacoes SA | 8600 | 39048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $249,719) |  | 275700 |
|  **Canada—1.7%** |  |  |
|  Artemis Gold, Inc.<sup>(1)</sup> | 2000 | 36671 |
|  Dundee Precious Metals, Inc. | 2420 | 39209 |
|  G Mining Ventures Corp.<sup>(1)</sup> | 1560 | 18324 |
|  Montage Gold Corp.<sup>(1)</sup> | 15400 | 48120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Canada** (Cost: $96,617) |  | 142324 |
|  **Chile—0.5%** (Cost: $36,765) |  |  |
|  Lundin Mining Corp. | 4200 | 42986 |
|  **China—23.3%** |  |  |
|  Aier Eye Hospital Group Co. Ltd. | 13000 | 23155 |
|  Alibaba Group Holding Ltd. | 20800 | 312723 |
|  BeOne Medicines Ltd.<sup>(1)</sup> | 1550 | 35238 |
|  BOC Aviation Ltd. | 8450 | 76768 |
|  BYD Co. Ltd. | 4860 | 70960 |
|  Centre Testing International Group Co. Ltd. | 19400 | 32710 |
|  China Merchants Bank Co. Ltd. | 9300 | 60349 |
|  Contemporary Amperex Technology Co. Ltd. | 1100 | 40273 |
|  Fuyao Glass Industry Group Co. Ltd. | 9500 | 68491 |
|  Haitian International Holdings Ltd. | 26900 | 72919 |
|  JD.com, Inc. | 4500 | 70929 |
|  Jiangsu Hengli Hydraulic Co. Ltd. | 2200 | 22478 |
|  Kingdee International Software Group Co. Ltd.<sup>(1)</sup> | 7300 | 16943 |
|  Kuaishou Technology<sup>(1)</sup> | 6400 | 62490 |
|  Kweichow Moutai Co. Ltd. | 380 | 74970 |
|  Meituan<sup>(1)</sup> | 2780 | 42889 |
|  NetEase, Inc. | 3380 | 88361 |
|  Prosus NV | 1420 | 81773 |
|  Shenzhen Mindray Bio-Medical Electronics Co. Ltd. | 700 | 22454 |
|  Silergy Corp. | 2200 | 23664 |
|  Sinoseal Holding Co. Ltd. | 4900 | 25302 |
|  Sunresin New Materials Co. Ltd. | 11000 | 78981 |
|  Tencent Holdings Ltd. | 5385 | 377016 |
|  Tencent Music Entertainment Group (ADR) | 3120 | 65489 |
|  Trip.com Group Ltd. | 900 | 55874 |
|  Yum China Holdings, Inc. | 1740 | 80788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total China** (Cost: $1,969,108) |  | 1983987 |
|  **France—1.1%** |  |  |
|  Hermes International SCA | 27 | 66222 |
|  LVMH Moet Hennessy Louis Vuitton SE | 45 | 24227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total France** (Cost: $104,938) |  | 90449 |
|  **Germany—0.4%** (Cost: $29,530) |  |  |
|  Infineon Technologies AG | 960 | 37822 |
|  **Great Britain—0.7%** |  |  |
|  HSBC Holdings PLC | 2300 | 28004 |
|  Inchcape PLC | 3500 | 32458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Great Britain** (Cost: $57,998) |  | 60462 |
|  **Greece—0.4%** (Cost: $25,370) |  |  |
|  Jumbo SA | 900 | 30532 |
|  **Hong Kong—4.7%** |  |  |
|  AIA Group Ltd. | 9400 | 87647 |
|  Cowell e Holdings, Inc.<sup>(1)</sup> | 7000 | 23551 |
|  Hong Kong Exchanges & Clearing Ltd. | 2200 | 119061 |
|  Plover Bay Technologies Ltd. | 56000 | 47280 |
|  Prudential PLC | 3200 | 40679 |
|  Techtronic Industries Co. Ltd. | 6800 | 81312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Hong Kong** (Cost: $365,496) |  | 399530 |
|  **India—16.5%** |  |  |
|  Aadhar Housing Finance Ltd.<sup>(1)</sup> | 5475 | 31578 |
|  Ajax Engineering Ltd.<sup>(1)</sup> | 4400 | 34666 |
|  Angel One Ltd. | 870 | 25596 |
|  Bajaj Finserv Ltd. | 1470 | 32594 |
|  Bharat Electronics Ltd. | 14000 | 60804 |
|  Bharti Airtel Ltd. | 3630 | 78927 |
|  Carraro India Ltd. | 3200 | 17261 |
|  Cigniti Technologies Ltd.<sup>(1)</sup> | 4950 | 93423 |
|  Computer Age Management Services Ltd. | 1376 | 57945 |
|  Data Patterns India Ltd.<sup>(1)</sup> | 360 | 10759 |
|  Embassy Office Parks REIT | 13000 | 58658 |
|  Firstsource Solutions Ltd. | 15200 | 59008 |
|  HDFC Bank Ltd. (ADR) | 1505 | 115539 |
|  ICICI Bank Ltd. (SP ADR) (India) | 3620 | 121994 |
|  Info Edge India Ltd. | 3040 | 47998 |
|  International Gemmological Institute India Ltd. | 11300 | 51028 |
|  Krishna Institute of Medical Sciences Ltd.<sup>(1)</sup> | 8300 | 71067 |
|  Laxmi Dental Ltd.<sup>(1)</sup> | 10600 | 51281 |
|  Le Travenues Technology Ltd.<sup>(1)</sup> | 22000 | 58197 |
|  MakeMyTrip Ltd.<sup>(1)</sup> | 310 | 29013 |
|  Mankind Pharma Ltd.<sup>(1)</sup> | 820 | 23854 |
|  Nexus Select Trust | 13700 | 22953 |
|  Onesource Specialty Pharma Ltd.<sup>(1)</sup> | 1310 | 29384 |
|  PB Fintech Ltd.<sup>(1)</sup> | 1310 | 26822 |
|  Senco Gold Ltd. | 6600 | 23524 |
|  Sona Blw Precision Forgings Ltd. | 7300 | 37456 |
|  State Bank of India | 7090 | 64194 |
|  Thyrocare Technologies Ltd. | 3925 | 59327 |
|  Torrent Pharmaceuticals Ltd. | 360 | 15377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total India** (Cost: $1,285,137) |  | 1410227 |
|  **Indonesia—1.2%** |  |  |
|  Bank Central Asia Tbk. PT | 100300 | 50270 |
|  Cisarua Mountain Dairy Tbk. PT | 95400 | 28930 |
|  Map Aktif Adiperkasa PT | 514000 | 21542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Indonesia** (Cost: $100,205) |  | 100742 |

---

------

---

| |
|:---|
| **TCW White Oak Emerging Markets Equity Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | **Value** |
|  **Italy—0.3%** (Cost: $32,445) |  |  |
|  Moncler SpA | 470 | $25140 |
|  **Japan—0.3%** (Cost: $24,485) |  |  |
|  Disco Corp. | 100 | 29613 |
|  **Malaysia—0.4%** (Cost: $31,473) |  |  |
|  Syarikat Takaful Malaysia Keluarga Bhd. | 39600 | 29638 |
|  **Mexico—2.2%** |  |  |
|  BBB Foods, Inc.<sup>(1)</sup> | 640 | 16333 |
|  Grupo Aeroportuario del Centro Norte SAB de CV | 3090 | 41192 |
|  Grupo Financiero Banorte SAB de CV | 4430 | 39529 |
|  Grupo Mexico SAB de CV | 9300 | 58131 |
|  Qualitas Controladora SAB de CV | 3400 | 30870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mexico** (Cost: $148,220) |  | 186055 |
|  **Netherlands—1.5%** |  |  |
|  ASM International NV | 128 | 62141 |
|  ASML Holding NV (Netherlands) | 98 | 68082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Netherlands** (Cost: $127,335) |  | 130223 |
|  **Peru—0.5%** (Cost: $29,748) |  |  |
|  Credicorp Ltd. | 163 | 38631 |
|  **Philippines—0.6%** |  |  |
|  Bank of the Philippine Islands | 11400 | 23100 |
|  BDO Unibank, Inc. | 12384 | 30231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Philippines** (Cost: $59,792) |  | 53331 |
|  **Poland—2.5%** |  |  |
|  Allegro.eu SA<sup>(1)</sup> | 3500 | 34457 |
|  Benefit Systems SA | 77 | 70000 |
|  Diagnostyka SA<sup>(1)</sup> | 1100 | 53753 |
|  InPost SA<sup>(1)</sup> | 2000 | 28810 |
|  KRUK SA | 250 | 27490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Poland** (Cost: $177,088) |  | 214510 |
|  **Portugal—0.3%** (Cost: $25,182) |  |  |
|  Jeronimo Martins SGPS SA | 1140 | 27872 |
|  **Saudi Arabia—1.2%** |  |  |
|  Derayah Financial Co. | 6430 | 42808 |
|  Saudi Awwal Bank | 3100 | 26721 |
|  Saudi National Bank | 3215 | 32083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Saudi Arabia** (Cost: $102,997) |  | 101612 |
|  **Singapore—2.3%** |  |  |
|  DBS Group Holdings Ltd. | 1770 | 65019 |
|  Grab Holdings Ltd.<sup>(1)</sup> | 11200 | 54768 |
|  Oversea-Chinese Banking Corp. Ltd. | 6030 | 78207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Singapore** (Cost: $191,126) |  | 197994 |
|  **South Africa—2.5%** |  |  |
|  Boxer Retail Ltd.<sup>(1)</sup> | 7000 | 27919 |
|  Clicks Group Ltd. | 1350 | 28512 |
|  Discovery Ltd. | 2700 | 32254 |
|  Naspers Ltd. | 404 | 125630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $179,190) |  | 214315 |
|  **South Korea—7.5%** |  |  |
|  Coupang, Inc.<sup>(1)</sup> | 1260 | 37082 |
|  Delivery Hero SE<sup>(1)</sup> | 830 | 24844 |
|  HD Hyundai Marine Solution Co. Ltd. | 300 | 43879 |
|  KB Financial Group, Inc. | 470 | 37341 |
|  Kia Corp. | 475 | 34756 |
|  NICE Information Service Co. Ltd. | 3110 | 36470 |
|  Samsung Electronics Co. Ltd. | 4310 | 219654 |
|  Samsung Fire & Marine Insurance Co. Ltd. | 100 | 31569 |
|  Shinhan Financial Group Co. Ltd. | 800 | 38955 |
|  SK Hynix, Inc. | 515 | 99815 |
|  ST Pharm Co. Ltd. | 525 | 32656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Korea** (Cost: $481,940) |  | 637021 |
|  **Switzerland—1.0%** (Cost: $99,183) |  |  |
|  Cie Financiere Richemont SA | 535 | 87374 |
|  **Taiwan—17.3%** |  |  |
|  Advantech Co. Ltd. | 5600 | 62294 |
|  Alchip Technologies Ltd. | 620 | 79259 |
|  Delta Electronics, Inc. | 5600 | 105493 |
|  E Ink Holdings, Inc. | 9000 | 61283 |
|  Elite Material Co. Ltd. | 2960 | 108504 |
|  MediaTek, Inc. | 2200 | 99626 |
|  Nien Made Enterprise Co. Ltd. | 2800 | 39969 |
|  Sporton International, Inc. | 5000 | 26722 |
|  Taiwan Semiconductor Manufacturing Co. Ltd. | 21160 | 814644 |
|  Universal Vision Biotechnology Co. Ltd. | 2800 | 18718 |
|  Voltronic Power Technology Corp. | 1460 | 57348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Taiwan** (Cost: $1,184,101) |  | 1473860 |
|  **United Arab Emirates—2.1%** |  |  |
|  ADNOC Drilling Co. PJSC | 23300 | 37046 |
|  Emirates NBD Bank PJSC | 5000 | 36413 |
|  Parkin Co. PJSC | 27500 | 46133 |
|  Salik Co. PJSC | 23600 | 41073 |
|  Talabat Holding PLC<sup>(1)</sup> | 62000 | 21210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United Arab Emirates** (Cost: $150,213) |  | 181875 |
|  **United States—0.7%** |  |  |
|  Aura Minerals, Inc. | 4400 | 35052 |
|  Warrior Met Coal, Inc. | 520 | 26718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United States** (Cost: $47,754) |  | 61770 |
|  **Total Common Stock** (Cost: $7,467,891) |  | 8335381 |
|  **PREFERRED STOCK—0.3%** |  |  |
|  **South Korea—0.3%** |  |  |
|  Hyundai Motor Co. | 203 | 23502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Preferred Stock** (Cost: $22,238) |  | 23502 |
|  **MONEY MARKET INVESTMENTS—0.0%** |  |  |
|  TCW Central Cash Fund, 4.34%<sup>(2),(3)</sup> | 11 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $11) |  | 11 |
|  **Total Investments (98.0%)** (Cost: $7,490,140) |  | 8358894 |
|  **Liabilities In Excess Of Other Assets (2.0%)** |  | 172601 |
|  **Net Assets (100.0%)** |  | $8531495 |

---

------

---

| |
|:---|
| **TCW White Oak Emerging Markets Equity Fund** |
| SCHEDULE OF INVESTMENTS July 31, 2025 (Unaudited) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ADR | American Depositary Receipt. ADRs are receipts typically issued by a U.S. bank or trust company, evidencing ownership of underlying securities issued by a foreign corporation. |
| PJSC | Private Joint-Stock Company. |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of July 31, 2025. |
| (3) | Affiliated issuer. |

---

------

---

| | |
|:---|:---|
| **TCW White Oak Emerging Markets Equity Fund** |  |
| Schedule of Investments (Continued) | July 31, 2025 |

---

The summary of the TCW White Oak Emerging Markets Equity Fund transactions in the affiliated funds for the period ended July 31, 2025 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2024** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>July 31,<br>2025** | **Value at July 31,<br>2025** | **Dividends<br>and Interest<br>Income<br>Received** | **Distributions<br>Received<br>from Net<br>Realized Gain** | **Net change in<br>Unrealized<br>Gain (Loss) on<br>Investments** |
|  TCW Central Cash Fund | $— | $1011 | $1000 | 11 | $11 | $11 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $11 | $11 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW White Oak Emerging Markets Equity Fund** |  |
| Investments by Sector (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Semiconductors & Semiconductor Equipment | 15.4% |
|  Banks | 10.9 |
|  Broadline Retail | 8.4 |
|  Interactive Media & Services | 5.7 |
|  Professional Services | 3.9 |
|  Hotels, Restaurants & Leisure | 3.7 |
|  Insurance | 3.7 |
|  Metals & Mining | 3.6 |
|  Electronic Equipment, Instruments & Components | 3.5 |
|  Machinery | 3.4 |
|  Technology Hardware, Storage & Peripherals | 3.3 |
|  Health Care Providers & Services | 3.1 |
|  Capital Markets | 2.8 |
|  Textiles, Apparel & Luxury Goods | 2.8 |
|  Entertainment | 1.8 |
|  Consumer Staples Distribution & Retail | 1.7 |
|  Automobiles | 1.5 |
|  Automobile Components | 1.2 |
|  Electrical Equipment | 1.2 |
|  IT Services | 1.1 |
|  Specialty Retail | 1 |
|  Transportation Infrastructure | 1 |
|  Beverages | 0.9 |
|  Chemicals | 0.9 |
|  Commercial Services & Supplies | 0.9 |
|  Health Care Equipment & Supplies | 0.9 |
|  Pharmaceuticals | 0.9 |
|  Trading Companies & Distributors | 0.9 |
|  Wireless Telecommunication Services | 0.9 |
|  Aerospace & Defense | 0.8 |
|  Financial Services | 0.8 |
|  Office REITs | 0.7 |
|  Communications Equipment | 0.6 |
|  Ground Transportation | 0.6 |
|  Household Durables | 0.5 |
|  Air Freight & Logistics | 0.4 |
|  Biotechnology | 0.4 |
|  Distributors | 0.4 |
|  Energy Equipment & Services | 0.4 |
|  Consumer Finance | 0.3 |
|  Food Products | 0.3 |
|  Life Sciences Tools & Services | 0.3 |

---

------

---

| | |
|:---|:---|
| **TCW White Oak Emerging Markets Equity Fund** |  |
| Investments by Sector (Unaudited) | July 31, 2025 |

---

---

| | |
|:---|:---|
|  Retail REITs | 0.3 |
|  Software | 0.2 |
|  Money Market Investments | 0.0 \* |
|  Total | 98.0% |

---

*\** *Amount rounds to less than 0.1%.* 

------

---

| | |
|:---|:---|
| **TCW White Oak Emerging Markets Equity Fund** |  |
| Fair Valuation Summary (Unaudited) | July 31, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of July 31, 2025 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | $68082 | $1246584 | $— | $1314666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banks | 145094 | 787486 |  | 932580 |
| &nbsp;&nbsp;&nbsp;&nbsp; Broadline Retail |  | 712446 |  | 712446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interactive Media & Services |  | 487504 |  | 487504 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Services |  | 333883 |  | 333883 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 30870 | 285653 |  | 316523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure |  | 312815 |  | 312815 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 84791 | 220420 |  | 305211 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components |  | 298831 |  | 298831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery |  | 297817 |  | 297817 |
| &nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals |  | 281948 |  | 281948 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 71067 | 195008 |  | 266075 |
| &nbsp;&nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | 39048 | 202963 |  | 242011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 42808 | 193192 |  | 236000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Entertainment |  | 153850 |  | 153850 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples Distribution & Retail | 44845 | 108001 |  | 152846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Automobile Components |  | 105947 |  | 105947 |
| &nbsp;&nbsp;&nbsp;&nbsp; Automobiles |  | 105716 |  | 105716 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment |  | 97621 |  | 97621 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services |  | 93423 |  | 93423 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation Infrastructure |  | 82265 |  | 82265 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals |  | 78981 |  | 78981 |
| &nbsp;&nbsp;&nbsp;&nbsp; Wireless Telecommunication Services |  | 78927 |  | 78927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Services & Supplies |  | 78875 |  | 78875 |
| &nbsp;&nbsp;&nbsp;&nbsp; Trading Companies & Distributors |  | 76768 |  | 76768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail |  | 75598 |  | 75598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beverages |  | 74970 |  | 74970 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies |  | 73735 |  | 73735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals |  | 71887 |  | 71887 |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense |  | 71563 |  | 71563 |
| &nbsp;&nbsp;&nbsp;&nbsp; Financial Services |  | 64172 |  | 64172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Office REITs |  | 58658 |  | 58658 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ground Transportation | 54768 |  |  | 54768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Communications Equipment |  | 47280 |  | 47280 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Durables |  | 39969 |  | 39969 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services |  | 37046 |  | 37046 |
| &nbsp;&nbsp;&nbsp;&nbsp; Biotechnology |  | 35238 |  | 35238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Distributors |  | 32458 |  | 32458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Life Sciences Tools & Services |  | 29384 |  | 29384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food Products | 28930 |  |  | 28930 |
| &nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics |  | 28810 |  | 28810 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Finance |  | 27490 |  | 27490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail REITs | 22953 |  |  | 22953 |
| &nbsp;&nbsp;&nbsp;&nbsp; Software |  | 16943 |  | 16943 |
|  Total Common Stock | 633256 | 7702125 |  | 8335381 |
|  Preferred Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Automobiles |  | 23502 |  | 23502 |
|  Money Market Investments | 11 |  |  | 11 |
|  Total Investments | $633267 | $7725627 | $— | $8358894 |

---

------

**Note 1 – Security Valuations** 

Securities listed or traded on the NYSE and other stock exchanges were valued at the latest sale price on the exchange. Securities traded on the NASDAQ stock market ("NASDAQ") were valued during the period using official closing prices as reported by NASDAQ, which may not have been the last sale price. Investments in open-end mutual funds including money market funds were valued based on the NAV per share as reported by the investment companies. All other securities for which over-the-counter ("OTC") market quotations were readily available, including short-term securities, swap agreements and forward currency exchange contracts, were valued with prices furnished by independent pricing services or by broker-dealers.

Pursuant to Rule 2a-5 under the 1940 Act, the Company's Board of Directors (the "Board", and each member thereof, a "Director") has designated the Advisor as the "valuation designee" with respect to the fair valuation of the Fund's portfolio securities, subject to oversight by and periodic reporting to the Board. Fair valued securities are those for which market quotations were not readily available, including in circumstances under which it was determined by the Advisor that prices received were not reflective of their market values.

Fair value is defined as the price that a Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market for the investment. In accordance with the authoritative guidance on fair value measurements and disclosures under GAAP, the Funds disclose investments in their financial statements in a three-tier hierarchy. This hierarchy is utilized to establish classification of fair value measurements based on inputs. Inputs that go into fair value measurement refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability, developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the inputs market participants would use in pricing the asset or liability, developed based on the best information available in the circumstances.

The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

Level 1 – quoted prices in active markets for identical investments.

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3 – significant unobservable inputs (including the Funds' own assumptions in determining the fair value of investments).

Changes in valuation techniques may result in transfers in or out of an investment's assigned Level within the hierarchy. The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments and the determination of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to each security.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized as Level 3.

In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition, as well as changes related to liquidity of investments, could cause a security to be reclassified between Level 1, Level 2, or Level 3.

In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement.

------

**Fair Value Measurements:** Descriptions of the valuation techniques applied to the Funds' major categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Asset-backed securities ("ABS") and mortgage-backed securities ("MBS").* The fair value of ABS and MBS is estimated based on pricing models that consider the estimated cash flows of each debt tranche of the issuer, establish a benchmark yield, and develop an estimated tranche-specific spread to the benchmark yield based on the unique attributes of the tranche including, but not limited to, the prepayment speed assumptions and attributes of the collateral. To the extent the inputs are observable and timely, the values would be categorized as Level 2 of the fair value hierarchy; otherwise, they would be categorized as Level 3.

*Bank loans.* The fair value of bank loans is estimated using recently executed transactions, market price quotations, credit/market events, and cross-asset pricing. Inputs are generally observable and are obtained from independent sources. Bank loans are generally categorized as Level 2 of the fair value hierarchy.

*Corporate bonds*. The fair value of corporate bonds is estimated using recently executed transactions, market price quotations (where observable), bond spreads, or credit default swap spreads adjusted for any basis difference between cash and derivative instruments. Corporate bonds are generally categorized as Level 2 of the fair value hierarchy; in instances where prices, spreads, or any of the other aforementioned key inputs are unobservable, they are categorized as Level 3 of the hierarchy.

*Foreign currency contracts.* The fair values of foreign currency contracts are derived from indices, reference rates, and other inputs or a combination of these factors. To the extent that these factors can be observed, foreign currency contracts are categorized as Level 2 of the fair value hierarchy.

*Futures contracts.* Futures contracts are generally valued at the settlement price established at the close of business each day by the exchange on which they are traded. They are categorized as Level 1.

*Government and agency securities*. Government and agency securities are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, quoted market prices, and reference data. Accordingly, government and agency securities are normally categorized as Level 1 or 2 of the fair value hierarchy depending on the liquidity and transparency of the market.

*Money market funds*. Money market funds are open-end mutual funds that invest in short-term debt securities. To the extent that these funds are valued based upon the reported NAV, they are categorized as Level 1 of the fair value hierarchy.

*Municipal bonds.* Municipal bonds are fair valued based on pricing models that take into account, among other factors, information received from market makers and broker-dealers, current trades, bid-wanted lists, offerings, market movements, the callability of the bond, state of issuance, benchmark yield curves, and bond insurance. To the extent that these inputs are observable and timely, the fair values of municipal bonds are categorized as Level 2; otherwise, the fair values are categorized as Level 3.

*Options and Swaptions contracts*. Exchange-listed options contracts are traded on securities exchanges and are fair valued based on quoted prices from the applicable exchange, and to the extent valuation adjustments are not applied, they are categorized as Level 1. If valuation adjustments are applied and such adjustments are observable and timely, the fair values of exchange-listed options contracts would be categorized as Level 2; otherwise the fair values would be categorized as Level 3. Options and swaptions contracts traded over-the-counter ("OTC") are fair valued based on pricing models and incorporate various inputs such as interest rates, credit spreads, currency exchange rates and volatility measurements for in-the-money, at-the-money, and out-of-the-money contracts based on a given strike price. To the extent that these inputs are observable and timely, the fair values of OTC options and swaptions contracts would be categorized as Level 2; otherwise the fair values would be categorized as Level 3.

*Restricted securities*. Restricted securities, including illiquid Rule 144A securities, issued by non-public entities are categorized as Level 3 of the fair value hierarchy because they trade infrequently, and therefore the inputs are unobservable. Any other restricted securities valued similar to publicly traded securities may be categorized as Level 2 or 3 of the fair value hierarchy depending on whether a discount is applied and significant to the fair value.

------

*Short-term investments*. Short-term investments are valued using market price quotations, and are categorized as Level 1 or Level 2 of the fair value hierarchy.

*Total return swaps*. Total return swaps are fair valued using pricing models that take into account, among other factors, index spread curves, nominal values, modified duration values and cash flows. To the extent that these inputs are observable and timely, the fair values of credit default swaps would be categorized as Level 2; otherwise, the fair values would be categorized as Level 3.

*Warrants*. Warrants are generally valued based on quoted prices from the applicable exchange. To the extent these securities are actively traded, and valuation adjustments are not applied, they are generally categorized as Level 1 of the fair value hierarchy.

The summary of the inputs used as of July 31, 2025 in valuing the Funds' investments is listed after the Schedule of Investments for each Fund.

Following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value:

---

| | | |
|:---|:---|:---|
| **TCW Core Fixed Income Fund** | **Asset-Backed**<br>**Securities** | **Total** |
|  Balance as of October 31, 2024 | $3596945 | $3596945 |
|  Accrued Discounts (Premiums) |  |  |
|  Realized Gain (Loss) |  |  |
|  Change in Unrealized Appreciation (Depreciation)\* | 76996 | 76996 |
|  Purchases |  |  |
|  Sales | (231097) | (231097) |
|  Transfers in to Level 3  |  |  |
|  Transfers out of Level 3 |  |  |
|  Balance as of July 31, 2025 | $3442844 | $3442844 |

---

\* The change in unrealized appreciation (depreciation) on securities still held at July 31, 2025 was $76,996. 

---

| | | |
|:---|:---|:---|
| **TCW Emerging Markets Income Fund** | **Foreign**<br>**Government**<br>**Bonds** | **Total** |
|  Balance as of October 31, 2024 | $13045056 | $13045056 |
|  Accrued Discounts (Premiums) |  |  |
|  Realized Gain (Loss) |  |  |
|  Change in Unrealized Appreciation (Depreciation)\* | 5080931 | 5080931 |
|  Purchases |  |  |
|  Sales |  |  |
|  Transfers in to Level 3  |  |  |
|  Transfers out of Level 3 | (18125987)\*\* | (18125987) |
|  Balance as of July 31, 2025 | $— | $— |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at July 31, 2025 was $0.*

*\*\** *Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.*

------

---

| | | | |
|:---|:---|:---|:---|
| **TCW Global Bond Fund** | **Common Stock** | **Residential<br>Mortgage-Backed<br>Securities — Non-**<br>**Agency** | **Total** |
|  Balance as of October 31, 2024 | $10420 | $90758 | $101178 |
|  Accrued Discounts (Premiums) |  | 773 | 773 |
|  Realized Gain (Loss) |  | (251639) | (251639) |
|  Change in Unrealized Appreciation (Depreciation)\* | 1726 | 256614 | 258340 |
|  Purchases |  | 57 | 57 |
|  Sales | (11954) | (59623) | (71577) |
|  Transfers in to Level 3  |  |  |  |
|  Transfers out of Level 3 |  | (36940)\*\* | (36940) |
|  Balance as of July 31, 2025 | $192 | $— | $192 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at July 31, 2025 was $1,726.* 

*\*\** *Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **TCW Securitized Bond Fund** | **Asset-Backed<br>Securities** | **Corporate<br>Bonds** | **Residential<br>Mortgage-Backed<br>Securities — Agency** | **Residential**<br>**Mortgage-Backed**<br>**Securities — Non-**<br>**Agency** | **Total** |
|  Balance as of October 31, 2024 | $— | $— | $— | $2287635 | $2287635 |
|  Accrued Discounts (Premiums) |  | 252000 |  |  | 252000 |
|  Realized Gain (Loss) | 1543 |  |  | 4335 | 5878 |
|  Change in Unrealized Appreciation (Depreciation)\* | (2109046) | (252000) | (36277) | 437 | (2396886) |
|  Purchases | 21343191 | 2782000 | 5840652 | 4410 | 29970253 |
|  Sales | (641688) |  |  | (9186) | (650874) |
|  Transfers in to Level 3 | 3530322 |  |  |  | 3530322 |
|  Transfers out of Level 3 |  |  |  | (2287631)\*\* | (2287631) |
|  Balance as of July 31, 2025 | $22124322 | $2782000 | $5804375 | $— | $30710697 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at July 31, 2025 was $(2413497).* 

*\*\** *Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.* 

------

Significant unobservable valuation inputs for Level 3 investments as of July 31, 2025 are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fair Value**<br>**at July 31,<br>2025** | **Valuation<br>Techniques** | **Unobservable Input** | **Price or Price**<br>**Range** | **Average**<br>**Weighted**<br>**Price** | **Impact to**<br>**Valuation**<br>**If Input**<br>**Increases** |
|  **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** |  |  |
|  Asset-Backed Securities | $3442844 | Broker Quote | Offered Quote | $92.645 | $92.645 | Increase |
|  **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** |  |  |
|  Common Stock | $192 | Fair Value | Broker Pricing | $0.560 | $0.560 | Increase |
|  **TCW Securitized Bond Fund** | **TCW Securitized Bond Fund** | **TCW Securitized Bond Fund** | **TCW Securitized Bond Fund** | **TCW Securitized Bond Fund** |  |  |
|  Asset-backed Securities | $22124322 | Broker Quote | Offered Quote | $23.001 - $100.688 | $80.973 | Increase |
|  Asset-backed Securities | $0 | Fair Value | Zero Market Value | $0.000 | $0.000 | Increase |
|  Corporate Bonds | $2782000 | Fair Value | Broker Pricing | $85.600 | $85.600 | Increase |
|  Residential Mortgage-Backed Securities—Agency | $5804375 | Broker Quote | Offered Quote | $92.500 | $92.500 | Increase |
|  Residential Mortgage-Backed Securities—Non-Agency | $0 | Fair Value | Zero Market Value | $0.000 | $0.000 | Increase |

---

**Note 2 – Portfolio Investments** 

**Mortgage-Backed Securities:** The Funds may invest in MBS which represent interests in pools of mortgages in which payments of both principal and interest on the securities are generally made monthly, in effect "passing through" monthly payments made by borrowers on the residential or commercial mortgage loans which underlie the securities (net of any fees paid to the issuer or guarantor of the securities). Mortgage pass-through securities differ from other forms of debt securities which normally provide for periodic payment of interest in fixed amounts with principal payments at maturity or specified call dates. The Funds may also invest in Collateralized Mortgage Obligations ("CMOs"). CMOs are debt obligations collateralized by residential or commercial mortgage loans or residential or commercial mortgage pass-through securities. Interest and principal are generally paid monthly. CMOs may be collateralized by whole mortgage loans or private mortgage pass-through securities but are more typically collateralized by portfolios of mortgage pass-through securities guaranteed by Ginnie Mae, Freddie Mac or Fannie Mae. The issuer of a series of CMOs may elect to be treated for tax purposes as a Real Estate Mortgage Investment Conduit. CMOs are structured into multiple classes, each bearing a different stated maturity. Monthly payment of principal received from the pool of underlying mortgages, including prepayments, is first returned to investors holding the shortest maturity class. Investors holding the longer maturity classes usually receive principal only after shorter classes have been retired. An investor may be partially protected against a sooner than desired return of principal because of the sequential payments. The Funds may invest in stripped MBS. Stripped MBS are usually structured with two classes that receive different proportions of the interest and principal distributions on a pool of mortgage assets. In certain cases, one class will receive all of the interest (the interest only or "IO" class), while the other class will receive all of the principal (the principal only or "PO" class). The yield to maturity on IOs is sensitive to the rate of principal repayments (including prepayments) on the related underlying mortgage assets, and principal payments may have a material effect on yield to maturity. If the underlying mortgage assets experience greater than anticipated prepayments of principal, a Fund may not fully recoup its initial investment in IOs.

------

**Inflation-Indexed Bonds:** The Funds may invest in inflation-indexed bonds, which are fixed income securities whose principal value or coupon is periodically adjusted according to the rate of inflation. Any increase or decrease in the principal amount of an inflation-indexed bond will be included as interest income.

Inflation-indexed securities issued by the U.S. Treasury have maturities of five, ten, twenty, or thirty years, although it is possible that securities with other maturities will be issued in the future. The U.S. Treasury securities pay interest on a semi-annual basis, equal to a fixed percentage of the inflation-adjusted principal amount.

If the periodic adjustment rate measuring inflation falls, the principal value of inflation-indexed bonds will be adjusted downward, and consequently the interest payable on these securities (calculated with respect to a smaller principal amount) will be reduced. Repayment of the original bond principal upon maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury inflation-indexed bonds, even during a period of deflation. However, the current market value of the bonds is not guaranteed, and will fluctuate. The Funds may also invest in other inflation-related bonds which may or may not provide a similar guarantee. If a guarantee of principal is not provided, the adjusted principal value of the bond repaid at maturity may be less than the original principal.

The value of inflation-indexed bonds is expected to change in response to changes in real interest rates. Real interest rates in turn are tied to the relationship between nominal interest rates and the rate of inflation. Therefore, if inflation were to rise at a faster rate than nominal interest rates, real interest rates might decline, leading to an increase in value of inflation-indexed bonds. In contrast, if nominal interest rates increased at a faster rate than inflation, real interest rates might rise, leading to a decrease in value of inflation-indexed bonds.

While the values of these securities are expected to be protected from long-term inflationary trends, short-term increases in inflation may lead to declines in values. If interest rates rise due to reasons other than inflation (for example, due to changes in currency exchange rates), investors in these securities may not be protected to the extent that the increase is not reflected in the bond's inflation measure.

**When-Issued, Delayed-Delivery, To Be Announced ("TBA") and Forward Commitment Transactions:** The Funds may enter into when-issued, delayed-delivery, TBA or forward commitment transactions in order to lock in the purchase price of the underlying security or to adjust the interest rate exposure of each Fund's existing portfolio. In when-issued, delayed-delivery, TBA or forward commitment transactions, a Fund commits to purchase or sell particular securities, with payment and delivery to take place at a future date. Although the Fund does not pay for the securities or start earning interest on them until they are delivered, it immediately assumes the risks of ownership, including the risk of price fluctuation. If a Fund's counterparty fails to deliver a security purchased on a when-issued, delayed-delivery, TBA or forward commitment basis, there may be a loss, and the Fund may have missed an opportunity to make an alternative investment.

------

Prior to settlement of these transactions, the value of the subject securities will fluctuate with market conditions. In addition, because the Fund is not required to pay for when-issued, delayed-delivery, TBA or forward commitment securities until the delivery date, they may result in a form of leverage to the extent the Fund does not set aside liquid assets to cover the commitment. To guard against this deemed leverage, the Fund monitors the obligations under these transactions on a daily basis and ensures that the Fund has sufficient liquid assets to cover them.

**Dollar Roll Transactions:** The Funds may enter into dollar roll transactions with financial institutions to take advantage of opportunities in the MBS market. A dollar roll transaction involves a simultaneous sale of securities by a Fund with an agreement to repurchase substantially similar securities at an agreed upon price and date, but generally will be collateralized at time of delivery by different pools of mortgages with different prepayment histories than those securities sold. These transactions are accounted for as financing transactions as opposed to sales and purchases. The differential between the sale price and the repurchase price is recorded as deferred income and recognized between the settlement dates of the sale and repurchase. During the period between the sale and repurchase, a Fund will not be entitled to receive interest and principal payments on the securities sold. Dollar roll transactions involve risk that the market value of the security sold by a Fund may decline below the repurchase price of the security and the counterparties may potentially be unable to complete the transaction. There were no such transactions by the Funds for the period ended July 31, 2025.

**Repurchase Agreements:** The Funds may enter into repurchase agreements under the terms of a Master Repurchase Agreement ("MRA"). In a repurchase agreement, the Funds purchase a security from a counterparty who agrees to repurchase the same security at a mutually agreed upon date and price. The MRA permits each Fund, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from each Fund. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of the MRA counterparty's bankruptcy or insolvency. Pursuant to the terms of the MRA, each Fund receives securities as collateral with a market value in excess of the repurchase price. Upon a bankruptcy or insolvency of the MRA counterparty, the Fund recognizes a liability with respect to such excess collateral to reflect the Fund's obligation under bankruptcy law to return the excess to the counterparty. There were no repurchase agreements outstanding as of July 31, 2025.

**Reverse Repurchase Agreements:** The Funds may enter into reverse repurchase agreements. Under a reverse repurchase agreement, a Fund sells portfolio assets subject to an agreement by the Fund to repurchase the same assets at an agreed upon price and date. The Funds may utilize reverse repurchase agreements when it is anticipated that the interest income to be earned from the investment of the proceeds of the transaction is greater than the interest expense of the transaction. During the term of the reverse repurchase agreement, the Funds continue to receive the principal and interest payments on the securities sold. There were no reverse repurchase agreements outstanding during the period ended July 31, 2025.

**Securities Lending:** The Funds may lend their securities to qualified brokers. The loans must be collateralized at all times primarily with cash although the Funds can accept money market instruments or U.S. Government securities with a market value at least equal to the market value of the securities on loan. As with any extensions of credit, the Funds may bear the risk of delay in recovery or even loss of rights in the collateral if the borrowers of the securities fail financially. The Funds earn additional income for lending their securities by investing the cash collateral in short-term investments. The Funds did not lend any securities during the period ended July 31, 2025.

**Derivatives:** 

**Forward Currency Exchange Contracts:** The Funds enter into forward currency exchange contracts as a hedge against fluctuations in foreign exchange rates. Forward currency exchange contracts are marked-to-market daily and the change in market value is recorded by the Funds as unrealized gains or losses in the Statement of Assets and Liabilities. When a contract is closed or delivery is taken, a Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of the foreign currency relative to the U.S. dollar. Outstanding foreign currency forward contracts at July 31, 2025 are disclosed in the Schedule of Investments.

------

**Futures Contracts:** The Funds may enter into futures contracts. A Fund may seek to manage a variety of different risks through the use of futures contracts, such as interest rate risk, equity price risk, and currency risk. A Fund may use index futures to hedge against broad market risks to its portfolio or to gain broad market exposure. Securities index futures contracts are contracts to buy or sell units of a securities index at a specified future date at a price agreed upon when the contract is made, and are settled in cash. Positions in futures may be closed out only on an exchange or board of trade which provides a secondary market for such futures. Because futures contracts are exchange-traded, they typically have minimal exposure to counterparty risk. Parties to a futures contract are not required to post the entire notional amount of the contract, but rather a small percentage of that amount (by way of margin), both at the time they enter into futures transactions, and then on a daily basis if their positions decline in value; as a result, futures contracts are highly leveraged. Such payments are known as variation margin and are recorded by a Fund as unrealized gains or losses. Because futures markets are highly leveraged, they can be extremely volatile, and there can be no assurance that the pricing of a futures contract will correlate precisely with the pricing of the asset or index underlying it or the asset or liability of a Fund that is the subject of the hedge. It may not always be possible for a Fund to enter into a closing transaction with respect to a futures contract it has entered into at a favorable time or price. When a Fund enters into a futures transaction, it is subject to the risk that the value of the futures contract will move in a direction unfavorable to it.

When a Fund uses futures contracts for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the transactions, at least in part. When a futures contract is closed, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. The TCW Core Fixed Income Fund, the TCW Global Bond Fund and the TCW Securitized Bond Fund utilized futures during the period ended July 31, 2025 to help manage interest rate duration of those Funds. Futures contracts outstanding at July 31, 2025 are listed on the Schedule of Investments.

**Options:** The Funds may purchase and sell put and call options on a security or an index of securities to enhance investment performance and/or to protect against changes in market prices. The Funds may also enter into currency options to hedge against or to take advantage of currency fluctuations.

A call option gives the holder the right to purchase, and obligates the writer to sell, a security at the strike price at any time before the expiration date. A put option gives the holder the right to sell, and obligates the writer to buy, a security at the exercise price at any time before the expiration date. A Fund may purchase put options to protect portfolio holdings against a decline in market value of a security or securities held by it. A Fund may also purchase a put option hoping to profit from an anticipated decline in the value of the underlying security. If a Fund holds the security underlying the option, the option premium and any transaction costs will reduce any profit the Fund might have realized had it sold the underlying security instead of buying the put option. A Fund may purchase call options to hedge against an increase in the price of securities that the Fund ultimately wants to buy. A Fund may also purchase a call option as a long directional investment hoping to profit from an anticipated increase in the value of the underlying security. In order for a call option to be profitable, the market price of the underlying security must rise sufficiently above the exercise price to cover the premium and transaction costs. These costs will reduce any profit a Fund might have realized had it bought the underlying security at the time it purchased the call option.

Purchasing foreign currency options gives a Fund the right, but not the obligation, to buy or sell specified amounts of currency at a rate of exchange that may be exercised by a certain date. These currency options may be used as a short or long hedge against possible variations in foreign exchange rates or to gain exposure to foreign currencies.

When a Fund purchases an option, it runs the risk that it will lose its entire investment in the option in a relatively short period of time, unless the Fund exercises the option or enters into a closing sale transaction before the option's expiration. If the price of the underlying security does not rise (in the case of a call) or fall (in the case of a put) to an extent sufficient to cover the option premium and transaction costs, the Fund will lose part or all of its investment in the option. Premiums paid for purchasing options that expire are treated as realized losses.

Options purchased or sold by a Fund may be traded on a securities or options exchange. Such options typically have minimal exposure to counterparty risk. However, an exchange or market may at times find it necessary to impose restrictions on particular types of options transactions, such as opening transactions. If an underlying security ceases to meet qualifications imposed by an exchange or the Options Clearing Corporation, new series of options on that security will no longer be opened to replace the expiring series, and opening transactions in existing series may be prohibited.

------

OTC options are options not traded on exchanges or backed by clearinghouses. Rather, they are entered into directly between a Fund and the counterparty to the option. In the case of an OTC option purchased by a Fund, the value of the option to the Fund will depend on the willingness and ability of the option writer to perform its obligations to the Fund. In addition, OTC options may not be transferable and there may be little or no secondary market for them, so they may be considered illiquid. It may not be possible to enter into closing transactions with respect to OTC options or otherwise to terminate such options, and as a result a Fund may be required to remain obligated on an unfavorable OTC option until its expiration.

**Swap Agreements:** The Funds may enter into swap agreements. Swap agreements are typically two-party contracts entered into primarily by institutional investors. In a standard "swap" transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments, which may be adjusted for an interest factor. The gross returns to be exchanged or "swapped" between the parties are generally calculated with respect to a "notional amount" (i.e., the return on or increase in value of a particular dollar amount invested at a particular interest rate or in a "basket" of securities representing a particular index).

In a total return swap, one party typically agrees to pay to the other a short-term interest rate in return for a payment at one or more times in the future based on the increase in the value of an underlying security or other asset, or index of securities or assets; if the underlying security, asset, or index declines in value, the party that pays the short-term interest rate must also pay to its counterparty a payment based on the amount of the decline. A Fund may take either side of such a swap, and so may take a long or short position in the underlying security, asset, or index. A Fund may enter into a total return swap to hedge against an exposure in its portfolio — such as interest rate risk (including to adjust the duration or credit quality of a Fund's bond portfolio), equity risk, or credit risk — or generally to put cash to work efficiently in the markets in anticipation of, or as a replacement for, cash investments. A Fund may also enter into a total return swap to gain exposure to securities or markets in which it might not be able to invest directly (in so-called market access transactions).

Interest rate swaps are agreements in which one party pays a floating rate of interest on a notional principal amount and receives a fixed rate of interest on the same notional principal amount for a specified period of time. Alternatively, a party may pay a fixed rate and receive a floating rate. In more complex swaps, the notional principal amount may decline (or amortize) over time. A Fund's maximum risk of loss due to counterparty default is the discounted NAV of the cash flows paid to/received from the counterparty over the interest rate swap's remaining life.

The Funds may write (sell) and purchase put and call swaptions. Swaption contracts written by the Funds represent an option that gives the purchaser the right, but not the obligation, to enter into a new swap agreement, or to shorten, extend, cancel or modify an existing swap agreement, on a future date on specified terms. See "Swap Agreements" below. Depending on the terms of the particular option agreement, a Fund will generally incur a greater degree of risk when it writes a swaption than it will incur when it purchases a swaption. When a Fund purchases a swaption, it risks losing only the amount of the premium it has paid should it decide to let the option expire unexercised. However, when a Fund writes swaption, upon exercise of the option the Fund will become obligated according to the terms of the underlying agreement. During the period ended July 31, 2025, the TCW Core Fixed Income Fund, the TCW Global Bond Fund and the TCW Securitized Bond Fund held purchased swaptions.

A Fund may enter into credit default swap transactions as a "buyer" or "seller" of credit protection. In a credit default swap, one party provides what is in effect insurance against a default or other adverse credit event affecting an issuer of debt securities (typically referred to as a "reference entity"). In general, the buyer of credit protection is obligated to pay the protection seller an upfront amount or a periodic stream of payments over the term of the swap. If a "credit event" occurs, the buyer has the right to deliver to the seller bonds (or other obligations of the reference entity with a value up to the full notional value of the swap), and to receive a payment equal to the par value of the bonds or other obligations. Credit events that would trigger a request that the seller make payment are specific to each credit default swap agreement, but generally include bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. When a Fund buys protection, it may or may not own securities of the reference entity. When a Fund sells protection under a credit default swap, the position may have the effect of creating leverage in the Fund's portfolio through the Fund's indirect long exposure to the issuer or securities on which the swap is written. When a Fund sells protection, it may do so either to earn additional income or to create such a "synthetic" long position.

Whenever a Fund enters into a swap agreement, it takes on counterparty risk — the risk that its counterparty will be unable or unwilling to meet its obligations under the swap agreement. A Fund also takes the risk that the market will move against its position in the swap agreement. In the case of a total return swap, the swap will change in value depending on the change in value of the asset or index on which the swap is written. When a Fund enters into any type of swap for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the swap, at least in part. Swap agreements may be non-transferable or otherwise highly illiquid, and a Fund may not be able to terminate or transfer a swap agreement at any particular time or at an acceptable price.

------

During the term of a swap transaction, changes in the value of the swap are recognized as unrealized gains or losses by marking-to-market to reflect the market value of the swap. When the swap is terminated, a Fund will record a realized gain or loss equal to the difference, if any, between the proceeds from (or cost of) the closing transaction and the Fund's basis in the agreement. Upfront swap premium payments paid or received by a Fund, if any, are recorded within the value of the open swap agreement on the Fund's Statement of Assets and Liabilities and represent payments paid or received upon entering into the swap agreement to compensate for differences between stated terms of the swap agreement and prevailing market conditions (credit spreads, currency exchange rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on each Fund's Statement of Operations upon termination or maturity of the swap agreement.

During the term of a swap transaction, the periodic net payments can be made for a set period of time or may be triggered by a predetermined credit event. The net periodic payments may be based on a fixed or variable interest rate, the change in market value of a specified security, basket of securities or index, or the return generated by a security. These periodic payments received or made by the Funds are recorded as realized gains and losses, respectively. During the period ended January 31, 2025, the TCW Global Bond Fund entered into interest rate swaps to manage duration, the yield curve or interest rate risk by economically hedging the value of the fixed rate bonds which may decrease when interest rates rise (interest rate risk).

**Note 3 – Restricted Securities** 

The Funds are permitted to invest in securities that have legal or contractual restrictions on resale. These securities may be sold privately, but are required to be registered before being sold to the public (exemption rules apply). Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). However, the Company considers 144A securities to be restricted if those securities have been deemed illiquid. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Restricted securities held by the Funds at July 31, 2025 are listed below:

**TCW Securitized Bond Fund** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage<br>of Net Assets** |
|  Bayview Opportunity Master Fund VII LLC Series 2024-EDU1, Class E, 8.36% due 06/25/47 | 11/19/24 | $3376663 | $3393108 | 0.19% |
|  CSMC Trust Series 2021-RP11, Class A1, 1.48% due 10/25/61 | 2/16/24 | 547007 | 541309 | 0.03% |
|  CSMC Trust Series 2022-RPL1, Class A1, 0.46% due 04/25/61 | 2/16/24 | 138931 | 98120 | 0.01% |
|  HOA Funding LLC Series 2021-1A, Class A2, 4.72%, due 08/20/51 | 11/20/24 | 4996612 | 1411398 | 0.08% |
|  |  | $9059213 | $5443935 | 0.22% |

---

## 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 FUNDS INC

- **b. Investment Company Act file number:** 811-07170

- **c. CIK number of Registrant:** 0000892071

- **d. LEI of Registrant:** 54930078E2I2DS4UJ217

- **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 Concentrated Large Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000006325

- **c. LEI of Series:** 549300RGHXB227I79431

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $752699645.13

**Total Liabilities:** $844896.14

**Net Assets:** $751854748.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017400 | 10.33%               | 5.12%                | 2.48%                |
| Class ID C000017399 | 10.37%               | 5.12%                | 2.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2581946.07             | $69694076.96                               |
| Month 2  | $1487656.48              | $34720553.22                               |
| Month 3  | $17553466.47             | $1102946.80                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Costco Wholesale Corp        | Costco Wholesale Corp                                        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     24800 | NS      | $23303072.00  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                     | Visa Inc                                                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     82499 | NS      | $28500929.53  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                   | Zoetis Inc                                                   | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     67361 | NS      | $9820560.19   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV              | ASML Holding NV                                              | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     20520 | NS      | $14255449.20  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp       | Boston Scientific Corp                                       | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    181441 | NS      | $19036789.72  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc       | Tyler Technologies Inc                                       | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     30298 | NS      | $17710998.88  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp               | Microsoft Corp                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    112399 | NS      | $59964866.50  | 7.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The           | Trade Desk Inc/The                                           | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    133390 | NS      | $11599594.40  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                  | NVIDIA Corp                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    704971 | NS      | $125393191.77 | 16.68%            |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                    | Adobe Inc                                                    | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     16932 | NS      | $6056407.08   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                 | Alphabet Inc                                                 | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    200081 | NS      | $38587621.66  | 5.13%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   2824229 | NS      | $2824228.69   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc      | O'Reilly Automotive Inc                                      | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    191509 | NS      | $18829164.88  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                  | Gartner Inc                                                  | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |     28767 | NS      | $9741944.55   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc   | Cadence Design Systems Inc                                   | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     51296 | NS      | $18700982.72  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc       | Intuitive Surgical Inc                                       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     37237 | NS      | $17914348.33  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc               | Mastercard Inc                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     45239 | NS      | $25626536.33  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                 | Broadcom Inc                                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    125762 | NS      | $36936299.40  | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc               | ServiceNow Inc                                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     43078 | NS      | $40627723.36  | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                   | Dexcom Inc                                                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |    127047 | NS      | $10261586.19  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co          | General Electric Co                                          | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     64976 | NS      | $17613694.08  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc           | Meta Platforms Inc                                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     51424 | NS      | $39773378.56  | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc        | Waste Connections Inc                                        | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     75235 | NS      | $14044117.45  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc     | Crowdstrike Holdings Inc                                     | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     42940 | NS      | $19519235.80  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Central Cash Fund        | TCW Central Cash Fund                                        | CUSIP: 872365671<br>LEI: 2549003KPNUIFJCJM366 | Long             | EC               | RF                | US        |  14400000 | NS      | $14400000.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc       | Palo Alto Networks Inc                                       | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     89986 | NS      | $15621569.60  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                  | Shopify Inc                                                  | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    157835 | NS      | $19289015.35  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc               | S&P Global Inc                                               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     36229 | NS      | $19965801.90  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc               | Amazon.com Inc                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    204639 | NS      | $47908036.29  | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC               | Eaton Corp PLC                                               | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     22538 | NS      | $8670819.36   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** TCW FUNDS INC

**Signature:** Richard Villa

**Name of Signer:** Richard Villa

**Title:** Treasurer