# EDGAR Filing Document

**Accession Number:** 0001028621
**File Stem:** 0001752724-25-202778
**Filing Date:** 2025-8
**Character Count:** 834869
**Document Hash:** d3be58fb96e40bdccdbf309f29f817b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202778.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202778

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCW Metropolitan West Funds
- **CENTRAL INDEX KEY:** 0001028621

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07989
- **FILM NUMBER:** 251251289

**BUSINESS ADDRESS:**
- **STREET 1:** METROPOLITAN WEST ASSET MANAGEMENT
- **STREET 2:** 865 S. FIGUEROA STREET, SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017
- **BUSINESS PHONE:** 213-244-0000

**MAIL ADDRESS:**
- **STREET 1:** METROPOLITAN WEST ASSET MANAGEMENT
- **STREET 2:** 865 S. FIGUEROA STREET, SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** METROPOLITAN WEST FUNDS
- **DATE OF NAME CHANGE:** 19961209

## Series and Classes Contracts Data

### TCW METWEST Sustainable Securitized Fund (Series ID: S000072616)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000228996 | Class M      | MWERX           |
| C000228997 | Class I      | MWESX           |

## Nport-Ex

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—95.7% of Net Assets** |  |  |  |
|  **CORPORATE BONDS**—**83.8%** |  |  |  |
|  **Advertising—0.2%** |  |  |  |
|  Advantage Sales & Marketing, Inc.<br>6.50%<sup>(1)</sup> | 11/15/28 | $1027000 | $801810 |
|  **Aerospace & Defense—2.1%** |  |  |  |
|  General Electric Co.<br>5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 1300000 | 1219907 |
|  TransDigm, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 03/01/29 | 4143000 | 4263810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 05/31/33 | 2400000 | 2412912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 12/15/30 | 905000 | 939562 |
|  |  |  | 8836191 |
|  **Airlines—0.3%** |  |  |  |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd.<br>5.75%<sup>(1)</sup> | 04/20/29 | 1110000 | 1113019 |
|  **Apparel—0.6%** |  |  |  |
|  Crocs, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/31 | 2169000 | 1959193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 03/15/29 | 630000 | 601133 |
|  |  |  | 2560326 |
|  **Auto Manufacturers—0.4%** |  |  |  |
|  Allison Transmission, Inc.<br>3.75%<sup>(1)</sup> | 01/30/31 | 1180000 | 1084408 |
|  Volkswagen International Finance NV (Germany)<br>7.88% (9 yr. EUR Swap + 4.783%)<sup>(2),(3),(4)</sup> | 09/06/32 | 600000 | 797236 |
|  |  |  | 1881644 |
|  **Auto Parts & Equipment—0.8%** |  |  |  |
|  Clarios Global LP/Clarios U.S. Finance Co.<br>6.75%<sup>(1)</sup> | 02/15/30 | 1145000 | 1191682 |
|  Forvia SE (France)<br>8.00%<sup>(1)</sup> | 06/15/30 | 645000 | 661996 |
|  ZF North America Capital, Inc. (Germany)<br>6.88%<sup>(1)</sup> | 04/23/32 | 1685000 | 1558591 |
|  |  |  | 3412269 |
|  **Banks—2.0%** |  |  |  |
|  Bank of America Corp.<br>4.38% (5 yr. CMT + 2.760%)<sup>(2),(4)</sup> | 01/27/27 | 2040000 | 2006707 |
|  Bank of New York Mellon Corp.<br>3.75% (5 yr. CMT + 2.630%)<sup>(2),(4)</sup> | 12/20/26 | 2515000 | 2457834 |
|  JPMorgan Chase & Co.<br>3.65% (5 yr. CMT + 2.850%)<sup>(2),(4)</sup> | 06/01/26 | 805000 | 793199 |
|  PNC Financial Services Group, Inc.<br>3.40% (5 yr. CMT + 2.595%)<sup>(2),(4)</sup> | 09/15/26 | 3515000 | 3403574 |
|  |  |  | 8661314 |
|  **Building Materials—1.1%** |  |  |  |
|  JH North America Holdings, Inc.<br>5.88%<sup>(1)</sup> | 01/31/31 | 880000 | 888149 |
|  Quikrete Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(1)</sup> | 03/01/32 | 1725000 | 1776664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 03/01/33 | 500000 | 516225 |
|  Standard Building Solutions, Inc.<br>6.50%<sup>(1)</sup> | 08/15/32 | 1540000 | 1577314 |
|  |  |  | 4758352 |
|  **Chemicals—1.0%** |  |  |  |
|  Axalta Coating Systems LLC<br>3.38%<sup>(1)</sup> | 02/15/29 | 1183000 | 1122099 |
|  Herens Holdco SARL (Luxemburg)<br>4.75%<sup>(1)</sup> | 05/15/28 | 339000 | 304612 |
|  INEOS Finance PLC (Luxemburg)<br>7.50%<sup>(1)</sup> | 04/15/29 | 542000 | 544005 |
|  SCIH Salt Holdings, Inc.<br>4.88%<sup>(1)</sup> | 05/01/28 | 272000 | 264963 |
|  SK Invictus Intermediate II SARL<br>5.00%<sup>(1)</sup> | 10/30/29 | 1168000 | 1132785 |
|  WR Grace Holdings LLC<br>7.38%<sup>(1)</sup> | 03/01/31 | 1035000 | 1061724 |
|  |  |  | 4430188 |
|  **Commercial Services—4.8%** |  |  |  |
|  Adtalem Global Education, Inc.<br>5.50%<sup>(1)</sup> | 03/01/28 | 2036000 | 2021829 |
|  Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxemburg)<br>7.00%<sup>(1)</sup> | 05/21/30 | 1578000 | 1615746 |
|  Allied Universal Holdco LLC/Allied Universal Finance Corp.<br>6.88%<sup>(1)</sup> | 06/15/30 | 1200000 | 1217052 |
|  Block, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 06/01/31 | 1390000 | 1277229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50% | 05/15/32 | 515000 | 531799 |
|  Carriage Services, Inc.<br>4.25%<sup>(1)</sup> | 05/15/29 | 1400000 | 1324666 |
|  Deluxe Corp.<br>8.13%<sup>(1)</sup> | 09/15/29 | 700000 | 723730 |
|  Garda World Security Corp. (Canada)<br>8.38%<sup>(1)</sup> | 11/15/32 | 620000 | 637924 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 1710000 | 1659247 |
|  Herc Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 06/15/30 | 1550000 | 1624214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%<sup>(1)</sup> | 06/15/33 | 450000 | 471938 |
|  OT Midco Ltd.<br>10.00%<sup>(1)</sup> | 02/15/30 | 1615000 | 1250753 |
|  Prime Security Services Borrower LLC/Prime Finance, Inc.<br>3.38%<sup>(1)</sup> | 08/31/27 | 300000 | 290454 |
|  Raven Acquisition Holdings LLC<br>6.88%<sup>(1)</sup> | 11/15/31 | 884000 | 884133 |
|  Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.<br>6.75%<sup>(1)</sup> | 08/15/32 | 1040000 | 1081382 |
|  Upbound Group, Inc.<br>6.38%<sup>(1)</sup> | 02/15/29 | 1605000 | 1590699 |
|  Valvoline, Inc.<br>3.63%<sup>(1)</sup> | 06/15/31 | 802000 | 726821 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 | 689000 | 732393 |
|  WEX, Inc.<br>6.50%<sup>(1)</sup> | 03/15/33 | 978000 | 986831 |
|  |  |  | 20648840 |
|  **Computers—1.2%** |  |  |  |
|  Amentum Holdings, Inc.<br>7.25%<sup>(1)</sup> | 08/01/32 | 750000 | 771570 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Computers (Continued)** |  |  |  |
|  Insight Enterprises, Inc.<br>6.63%<sup>(1)</sup> | 05/15/32 | $1150000 | $1185799 |
|  McAfee Corp.<br>7.38%<sup>(1)</sup> | 02/15/30 | 1146000 | 1082936 |
|  NCR Voyix Corp.<br>5.13%<sup>(1)</sup> | 04/15/29 | 2015000 | 1989551 |
|  |  |  | 5029856 |
|  **Cosmetics/Personal Care—0.8%** |  |  |  |
|  Edgewell Personal Care Co.<br>4.13%<sup>(1)</sup> | 04/01/29 | 1120000 | 1059027 |
|  Opal Bidco SAS (France)<br>6.50%<sup>(1)</sup> | 03/31/32 | 625000 | 637644 |
|  Prestige Brands, Inc.<br>3.75%<sup>(1)</sup> | 04/01/31 | 1847000 | 1702897 |
|  |  |  | 3399568 |
|  **Diversified Financial Services—2.3%** |  |  |  |
|  American Express Co.<br>3.55% (5 yr. CMT + 2.854%)<sup>(2),(4)</sup> | 09/15/26 | 2150000 | 2103539 |
|  Charles Schwab Corp.<br>5.00% (5 yr. CMT + 3.256%)<sup>(2),(4)</sup> | 06/01/27 | 2430000 | 2428372 |
|  EZCORP, Inc.<br>7.38%<sup>(1)</sup> | 04/01/32 | 870000 | 915884 |
|  GGAM Finance Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%<sup>(1)</sup> | 06/15/28 | 352000 | 372743 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%<sup>(1)</sup> | 02/15/27 | 1275000 | 1316501 |
|  Jane Street Group/JSG Finance, Inc.<br>6.13%<sup>(1)</sup> | 11/01/32 | 2585000 | 2610023 |
|  |  |  | 9747062 |
|  **Electric—1.8%** |  |  |  |
|  Alpha Generation LLC<br>6.75%<sup>(1)</sup> | 10/15/32 | 1490000 | 1539960 |
|  Pike Corp.<br>8.63%<sup>(1)</sup> | 01/31/31 | 2019000 | 2199135 |
|  Southern Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% (5 yr. CMT + 2.915%)<sup>(2)</sup> | 09/15/51 | 2374000 | 2341049 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38% (5 yr. CMT + 2.069%)<sup>(2)</sup> | 03/15/55 | 1000000 | 1030730 |
|  Vistra Operations Co. LLC<br>7.75%<sup>(1)</sup> | 10/15/31 | 680000 | 722826 |
|  |  |  | 7833700 |
|  **Electrical Components & Equipment—0.2%** |  |  |  |
|  Energizer Holdings, Inc.<br>4.38%<sup>(1)</sup> | 03/31/29 | 1120000 | 1061312 |
|  **Electronics—0.7%** |  |  |  |
|  Coherent Corp.<br>5.00%<sup>(1)</sup> | 12/15/29 | 566000 | 556519 |
|  Sensata Technologies BV<br>4.00%<sup>(1)</sup> | 04/15/29 | 2500000 | 2379675 |
|  |  |  | 2936194 |
|  **Entertainment—5.2%** |  |  |  |
|  Banijay Entertainment SAS (France)<br>8.13%<sup>(1)</sup> | 05/01/29 | 1040000 | 1079936 |
|  Caesars Entertainment, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/15/32 | 2080000 | 2133435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 07/01/27 | 1125000 | 1126192 |
|  Churchill Downs, Inc.<br>5.75%<sup>(1)</sup> | 04/01/30 | 1440000 | 1445861 |
|  Everi Holdings, Inc.<br>5.00%<sup>(1)</sup> | 07/15/29 | 2873000 | 2904833 |
|  Flutter Treasury DAC (Ireland)<br>5.88%<sup>(1)</sup> | 06/04/31 | 2200000 | 2217336 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 | 2280000 | 2238071 |
|  LHMC Finco 2 SARL (Luxemburg)<br>8.63%<sup>(1),(5)</sup> | 05/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;680000 | 831759 |
|  Live Nation Entertainment, Inc.<br>5.63%<sup>(1)</sup> | 03/15/26 | 1655000 | 1660296 |
|  Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.<br>6.63%<sup>(1)</sup> | 02/01/33 | 3205000 | 3212468 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 2215000 | 2310821 |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(6)</sup> | 03/15/32 | 1568000 | 1324442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%<sup>(6)</sup> | 03/15/52 | 179000 | 110552 |
|  |  |  | 22596002 |
|  **Environmental Control—0.5%** |  |  |  |
|  Luna 2 5SARL (Luxemburg)<br>5.50%<sup>(1),(6)</sup> | 07/01/32 | 385000 | 461215 |
|  Waste Pro USA, Inc.<br>7.00%<sup>(1)</sup> | 02/01/33 | 1495000 | 1556534 |
|  |  |  | 2017749 |
|  **Food—2.0%** |  |  |  |
|  ELO SACA (France)<br>3.25%<sup>(3)</sup> | 07/23/27 | 1500000 | 1699165 |
|  Post Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 09/15/31 | 3515000 | 3267931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 04/15/30 | 1815000 | 1747191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 12/15/29 | 2000000 | 1993240 |
|  |  |  | 8707527 |
|  **Gas—1.4%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 | 1070000 | 1104154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 | 1599000 | 1658403 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(2)</sup> | 09/15/55 | 1625000 | 1645069 |
|  Venture Global Plaquemines LNG LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 05/01/33 | 720000 | 771818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 05/01/35 | 900000 | 975321 |
|  |  |  | 6154765 |
|  **Hand/Machine Tools—0.2%** |  |  |  |
|  IMA Industria Macchine Automatiche SpA (Italy)<br>6.03% (3 mo. EUR EURIBOR + 3.750%)<sup>(1),(2)</sup> | 04/15/29 | 850000 | 1004657 |
|  **Health Care-Products—1.5%** |  |  |  |
|  Bausch & Lomb Corp.<br>8.38%<sup>(1)</sup> | 10/01/28 | 2125000 | 2221262 |
|  Medline Borrower LP<br>5.25%<sup>(1)</sup> | 10/01/29 | 1239000 | 1230166 |
|  Sotera Health Holdings LLC<br>7.38%<sup>(1)</sup> | 06/01/31 | 1190000 | 1237053 |
|  Teleflex, Inc.<br>4.25%<sup>(1)</sup> | 06/01/28 | 1729000 | 1689700 |
|  |  |  | 6378181 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Health Care-Services—5.2%** |  |  |  |
|  Centene Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 07/15/28 | $2404000 | $2235888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 08/01/31 | 1219000 | 1046146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/15/30 | 865000 | 773275 |
|  Cerba Healthcare SACA (France)<br>3.50%<sup>(3)</sup> | 05/31/28 | 675000 | 575919 |
|  Fortrea Holdings, Inc.<br>7.50%<sup>(1)</sup> | 07/01/30 | 1220000 | 1106540 |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(1)</sup> | 10/01/31 | 1415000 | 1403595 |
|  HealthEquity, Inc.<br>4.50%<sup>(1)</sup> | 10/01/29 | 1204000 | 1171444 |
|  Heartland Dental LLC/Heartland Dental Finance Corp.<br>10.50%<sup>(1)</sup> | 04/30/28 | 791000 | 836269 |
|  IQVIA, Inc.<br>6.25%<sup>(1)</sup> | 06/01/32 | 1535000 | 1576921 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 | 2670000 | 2558100 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(7)</sup> | 10/01/29 | 3627750 | 997631 |
|  Molina Healthcare, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 06/15/28 | 900000 | 879741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(1)</sup> | 01/15/33 | 2335000 | 2377777 |
|  Star Parent, Inc.<br>9.00%<sup>(1)</sup> | 10/01/30 | 700000 | 737632 |
|  Tenet Healthcare Corp.<br>4.63% | 06/15/28 | 4350000 | 4296104 |
|  |  |  | 22572982 |
|  **Household Products/Wares—0.7%** |  |  |  |
|  Central Garden & Pet Co.<br>4.13%<sup>(1)</sup> | 04/30/31 | 1215000 | 1131687 |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 2193000 | 1774620 |
|  |  |  | 2906307 |
|  **Housewares—0.3%** |  |  |  |
|  Newell Brands, Inc.<br>8.50%<sup>(1)</sup> | 06/01/28 | 1204000 | 1268835 |
|  **Insurance—2.2%** |  |  |  |
|  Acrisure LLC/Acrisure Finance, Inc.<br>7.50%<sup>(1)</sup> | 11/06/30 | 1915000 | 1980646 |
|  Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 04/15/28 | 450000 | 457848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 01/15/31 | 930000 | 962978 |
|  AmWINS Group, Inc.<br>6.38%<sup>(1)</sup> | 02/15/29 | 545000 | 555846 |
|  Ardonagh Group Finance Ltd. (United Kingdom)<br>8.88%<sup>(1)</sup> | 02/15/32 | 540000 | 568588 |
|  Farmers Insurance Exchange<br>7.00% (10 yr. CMT + 3.864%)<sup>(1),(2)</sup> | 10/15/64 | 1650000 | 1642360 |
|  HUB International Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25%<sup>(1)</sup> | 06/15/30 | 455000 | 475880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%<sup>(1)</sup> | 01/31/32 | 2070000 | 2166835 |
|  Panther Escrow Issuer LLC<br>7.13%<sup>(1)</sup> | 06/01/31 | 695000 | 722598 |
|  |  |  | 9533579 |
|  **Internet—1.4%** |  |  |  |
|  Arches Buyer, Inc.<br>6.13%<sup>(1)</sup> | 12/01/28 | 1473000 | 1356736 |
|  Cogent Communications Group LLC<br>7.00%<sup>(1)</sup> | 06/15/27 | 790000 | 794361 |
|  Getty Images, Inc.<br>11.25%<sup>(1)</sup> | 02/21/30 | 1080000 | 1073282 |
|  Snap, Inc.<br>6.88%<sup>(1)</sup> | 03/01/33 | 2800000 | 2874956 |
|  |  |  | 6099335 |
|  **Investment Companies—0.8%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 1310000 | 1224601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 1000000 | 978300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%<sup>(1)</sup> | 11/15/29 | 1069000 | 1059101 |
|  |  |  | 3262002 |
|  **Iron & Steel—0.5%** |  |  |  |
|  ATI, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 10/01/31 | 857000 | 840254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.25% | 08/15/30 | 550000 | 578903 |
|  Cleveland-Cliffs, Inc.<br>7.38%<sup>(1)</sup> | 05/01/33 | 1000000 | 939370 |
|  |  |  | 2358527 |
|  **Leisure Time—0.6%** |  |  |  |
|  MajorDrive Holdings IV LLC<br>6.38%<sup>(1)</sup> | 06/01/29 | 1415000 | 1122265 |
|  Sabre GLBL, Inc.<br>10.75%<sup>(1)</sup> | 11/15/29 | 1355000 | 1394688 |
|  |  |  | 2516953 |
|  **Lodging—3.7%** |  |  |  |
|  Boyd Gaming Corp. 4.75%<sup>(1)</sup> | 06/15/31 | 1792000 | 1719675 |
|  Choice Hotels International, Inc.<br>5.85% | 08/01/34 | 1000000 | 1010010 |
|  Hilton Domestic Operating Co., Inc.<br>3.63%<sup>(1)</sup> | 02/15/32 | 2673000 | 2423823 |
|  Las Vegas Sands Corp.<br>6.00% | 06/14/30 | 1350000 | 1392808 |
|  MGM Resorts International<br>6.50% | 04/15/32 | 2192000 | 2228848 |
|  Wyndham Hotels & Resorts, Inc.<br>4.38%<sup>(1)</sup> | 08/15/28 | 2399000 | 2349820 |
|  Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.<br>5.25%<sup>(1)</sup> | 05/15/27 | 4854000 | 4859728 |
|  |  |  | 15984712 |
|  **Machinery-Diversified—0.4%** |  |  |  |
|  Oregon Tool Lux LP<br>7.88%<sup>(1)</sup> | 10/15/29 | 1117022 | 649258 |
|  TK Elevator U.S. Newco, Inc. (Germany)<br>5.25%<sup>(1)</sup> | 07/15/27 | 1180000 | 1178631 |
|  |  |  | 1827889 |
|  **Media—6.6%** |  |  |  |
|  AMC Networks, Inc.<br>10.25%<sup>(1)</sup> | 01/15/29 | 1261000 | 1308704 |
|  Cable One, Inc.<br>4.00%<sup>(1)</sup> | 11/15/30 | 1150000 | 907120 |
|  CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 02/01/28 | 1540000 | 1527095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(1)</sup> | 05/01/27 | 3025000 | 3016107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 06/01/29 | 1740000 | 1735041 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 1758000 | 872794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 6863000 | 5584904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 1513000 | 1435822 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Media (Continued)** |  |  |  |
|  DISH DBS Corp.<br>7.38% | 07/01/28 | $2365000 | $1711243 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 1470000 | 1515114 |
|  Gray Media, Inc.<br>10.50%<sup>(1)</sup> | 07/15/29 | 500000 | 537675 |
|  Sinclair Television Group, Inc.<br>8.13%<sup>(1)</sup> | 02/15/33 | 1612000 | 1634181 |
|  Sirius XM Radio LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 09/01/31 | 1578000 | 1402810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(1)</sup> | 07/15/28 | 500000 | 480475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 08/01/27 | 816000 | 809496 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 07/01/29 | 770000 | 764595 |
|  Univision Communications, Inc.<br>8.00%<sup>(1)</sup> | 08/15/28 | 420000 | 426539 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 3072000 | 2732329 |
|  |  |  | 28402044 |
|  **Mining—0.5%** |  |  |  |
|  Compass Minerals International, Inc.<br>8.00%<sup>(1)</sup> | 07/01/30 | 540000 | 558706 |
|  Novelis Corp.<br>3.25%<sup>(1)</sup> | 11/15/26 | 1733000 | 1706381 |
|  |  |  | 2265087 |
|  **Office/Business Equipment—0.6%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | 1825000 | 1912235 |
|  Zebra Technologies Corp.<br>6.50%<sup>(1)</sup> | 06/01/32 | 750000 | 772837 |
|  |  |  | 2685072 |
|  **Oil & Gas—1.3%** |  |  |  |
|  Hilcorp Energy I LP/Hilcorp Finance Co.<br>7.25%<sup>(1)</sup> | 02/15/35 | 1000000 | 979750 |
|  Matador Resources Co.<br>6.50%<sup>(1)</sup> | 04/15/32 | 1575000 | 1576228 |
|  Petroleos Mexicanos (Mexico)<br>5.95% | 01/28/31 | 524000 | 473492 |
|  Transocean Poseidon Ltd.<br>6.88%<sup>(1)</sup> | 02/01/27 | 853125 | 855369 |
|  Transocean Titan Financing Ltd.<br>8.38%<sup>(1)</sup> | 02/01/28 | 1049524 | 1074880 |
|  Transocean, Inc.<br>8.75%<sup>(1)</sup> | 02/15/30 | 456000 | 470615 |
|  |  |  | 5430334 |
|  **Oil & Gas Services—1.6%** |  |  |  |
|  Archrock Partners LP/Archrock Partners Finance Corp.<br>6.63%<sup>(1)</sup> | 09/01/32 | 2065000 | 2107436 |
|  Aris Water Holdings LLC<br>7.25%<sup>(1)</sup> | 04/01/30 | 1450000 | 1496008 |
|  USA Compression Partners LP/USA Compression Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 09/01/27 | 1940000 | 1947702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(1)</sup> | 03/15/29 | 1409000 | 1445380 |
|  |  |  | 6996526 |
|  **Packaging & Containers—1.2%** |  |  |  |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/26 | 900000 | 845865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 08/15/27 | 990000 | 442768 |
|  Clearwater Paper Corp.<br>4.75%<sup>(1)</sup> | 08/15/28 | 2933000 | 2792216 |
|  Graphic Packaging International LLC<br>6.38%<sup>(1)</sup> | 07/15/32 | 600000 | 613950 |
|  Sealed Air Corp.<br>4.00%<sup>(1)</sup> | 12/01/27 | 500000 | 487785 |
|  |  |  | 5182584 |
|  **Pharmaceuticals—4.2%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 3482000 | 3516646 |
|  180 Medical, Inc. (United Kingdom)<br>3.88%<sup>(1)</sup> | 10/15/29 | 2500000 | 2382825 |
|  Bausch Health Cos., Inc.<br>14.00%<sup>(1)</sup> | 10/15/30 | 192000 | 168054 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(2)</sup> | 12/10/54 | 1505000 | 1513338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% (5 yr. CMT + 2.886%)<sup>(2)</sup> | 03/10/55 | 650000 | 672269 |
|  Dolcetto Holdco SpA (Italy)<br>5.63%<sup>(1),(6)</sup> | 07/14/32 | 550000 | 650969 |
|  Grifols SA (Spain) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 10/15/28 | 665000 | 638513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(3)</sup> | 05/01/30 | 1305000 | 1605373 |
|  Jazz Securities DAC<br>4.38%<sup>(1)</sup> | 01/15/29 | 2255000 | 2180066 |
|  Option Care Health, Inc.<br>4.38%<sup>(1)</sup> | 10/31/29 | 1000000 | 964160 |
|  Teva Pharmaceutical Finance Netherlands III BV (Israel)<br>6.00% | 12/01/32 | 2142000 | 2189103 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 1621000 | 1646482 |
|  |  |  | 18127798 |
|  **Pipelines—4.0%** |  |  |  |
|  Energy Transfer LP<br>6.63% (3 mo. USD LIBOR + 4.155%)<sup>(2),(4)</sup> | 02/15/28 | 2457000 | 2451595 |
|  Global Partners LP/GLP Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 01/15/29 | 849000 | 864953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(1)</sup> | 07/01/33 | 1100000 | 1116742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 01/15/32 | 1405000 | 1479563 |
|  NGL Energy Operating LLC/NGL Energy Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 02/15/29 | 710000 | 717682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38%<sup>(1)</sup> | 02/15/32 | 1005000 | 1007342 |
|  Rockies Express Pipeline LLC<br>6.88%<sup>(1)</sup> | 04/15/40 | 373000 | 374127 |
|  TransMontaigne Partners LLC<br>8.50%<sup>(1)</sup> | 06/15/30 | 1495000 | 1558612 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 01/15/30 | 2417000 | 2447188 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(2),(4)</sup> | 09/30/29 | 935000 | 911943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 2484000 | 2684086 |
|  Venture Global Plaquemines LNG LLC<br>6.75% | 01/15/36 | 1438000 | 1438000 |
|  |  |  | 17051833 |
|  **Real Estate—0.2%** |  |  |  |
|  Cushman & Wakefield U.S. Borrower LLC<br>8.88%<sup>(1)</sup> | 09/01/31 | 717000 | 770409 |
|  **REIT—2.3%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 3170000 | 2842888 |
|  GLP Capital LP/GLP Financing II, Inc. (REIT)<br>6.75% | 12/01/33 | 750000 | 802928 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 1160000 | 1112950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 1265000 | 1235070 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal Amount** | **Principal Amount** | **Value** | **Value** |
|  **REIT (Continued)** |  |  |  |  |  |
|  Iron Mountain, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(1)</sup> | 01/15/33 | $| 935000 | $| 961975 |
|  RHP Hotel Properties LP/RHP Finance Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 04/01/32 |  | 1575000 |  | 1620895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 06/15/33 |  | 1100000 |  | 1133209 |
|  |  |  |  |  | 9709915 |
|  **Retail—6.2%** |  |  |  |  |  |
|  1011778 BC ULC/New Red Finance, Inc. (Canada)<br>4.00%<sup>(1)</sup> | 10/15/30 |  | 3075000 |  | 2871281 |
|  Arcos Dorados BV (Brazil)<br>6.38%<sup>(1)</sup> | 01/29/32 |  | 1087000 |  | 1128676 |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 |  | 2165000 |  | 2217111 |
|  Bloomin' Brands, Inc./OSI Restaurant Partners LLC<br>5.13%<sup>(1)</sup> | 04/15/29 |  | 1217000 |  | 1133757 |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 04/01/26 |  | 2240000 |  | 2223738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 |  | 3652000 |  | 3384601 |
|  Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.<br>6.75%<sup>(1)</sup> | 01/15/30 |  | 975000 |  | 901524 |
|  FirstCash, Inc.<br>5.63%<sup>(1)</sup> | 01/01/30 |  | 2071000 |  | 2069530 |
|  Lithia Motors, Inc.<br>3.88%<sup>(1)</sup> | 06/01/29 |  | 875000 |  | 836605 |
|  Macy's Retail Holdings LLC<br>6.13%<sup>(1)</sup> | 03/15/32 |  | 537000 |  | 512969 |
|  Michaels Cos., Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 |  | 1660000 |  | 1338375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 |  | 748000 |  | 494338 |
|  Murphy Oil USA, Inc.<br>3.75%<sup>(1)</sup> | 02/15/31 |  | 1293000 |  | 1193633 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 |  | 2160000 |  | 2099866 |
|  QXO Building Products, Inc.<br>6.75%<sup>(1)</sup> | 04/30/32 |  | 1730000 |  | 1787920 |
|  Staples, Inc.<br>10.75%<sup>(1)</sup> | 09/01/29 |  | 1140000 |  | 1083923 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>5.00%<sup>(1)</sup> | 06/01/31 |  | 1700000 |  | 1610036 |
|  |  |  |  |  | 26887883 |
|  **Software—2.5%** |  |  |  |  |  |
|  Cloud Software Group, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 03/31/29 |  | 2250000 |  | 2271870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 06/30/32 |  | 980000 |  | 1043906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%<sup>(1)</sup> | 09/30/29 |  | 355000 |  | 368352 |
|  Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<br>8.75%<sup>(1)</sup> | 05/01/29 |  | 1771000 |  | 1822642 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 |  | 2000000 |  | 2073840 |
|  RingCentral, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 |  | 616000 |  | 659292 |
|  ZoomInfo Technologies LLC/ZoomInfo Finance Corp.<br>3.88%<sup>(1)</sup> | 02/01/29 |  | 2575000 |  | 2427092 |
|  |  |  |  |  | 10666994 |
|  **Telecommunications—5.6%** |  |  |  |  |  |
|  Altice Financing SA (Luxembourg) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 08/15/29 |  | 2430000 |  | 1782332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%<sup>(1)</sup> | 07/15/27 |  | 1020000 |  | 879158 |
|  CommScope LLC<br>9.50%<sup>(1)</sup> | 12/15/31 |  | 996000 |  | 1043599 |
|  Consolidated Communications, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 10/01/28 |  | 3420000 |  | 3461450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 10/01/28 |  | 2007000 |  | 2044832 |
|  EchoStar Corp.<br>10.75% | 11/30/29 |  | 2300000 |  | 2366677 |
|  Frontier Communications Holdings LLC |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 05/01/28 |  | 895000 |  | 895072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.63%<sup>(1)</sup> | 03/15/31 |  | 2530000 |  | 2690225 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(3)</sup> | 10/07/30 | EUR | 1095000 |  | 1205120 |
|  Level 3 Financing, Inc.<br>6.88%<sup>(1)</sup> | 06/30/33 |  | 1530000 |  | 1557785 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 07/15/31 |  | 1856000 |  | 1718081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 04/15/32 |  | 900000 |  | 936639 |
|  Windstream Services LLC/Windstream Escrow Finance Corp.<br>8.25%<sup>(1)</sup> | 10/01/31 |  | 2632000 |  | 2759073 |
|  Zayo Group Holdings, Inc.<br>4.00%<sup>(1)</sup> | 03/01/27 |  | 655000 |  | 614868 |
|  |  |  |  |  | 23954911 |
|  **Water—0.1%** | **Water—0.1%** | **Water—0.1%** | **Water—0.1%** | **Water—0.1%** | **Water—0.1%** |
|  Holding d'Infrastructures des Metiers de l'Environnement (France)<br>4.88%<sup>(3)</sup> | 10/24/29 | EUR | 500000 |  | 609433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $356,490,881) |  |  |  |  | 361042470 |
|  **BANK LOANS—11.9%** |  |  |  |  |  |
|  **Advertising—0.2%** | **Advertising—0.2%** | **Advertising—0.2%** | **Advertising—0.2%** | **Advertising—0.2%** | **Advertising—0.2%** |
|  Neptune Bidco U.S., Inc. 2022 USD Term Loan A<br>9.08% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup>  | 04/11/29 |  | 878779 |  | 829976 |
|  **Auto Parts & Equipment—0.4%** | **Auto Parts & Equipment—0.4%** | **Auto Parts & Equipment—0.4%** | **Auto Parts & Equipment—0.4%** | **Auto Parts & Equipment—0.4%** | **Auto Parts & Equipment—0.4%** |
|  First Brands Group LLC 2021 Term Loan<br>9.54% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup>  | 03/30/27 |  | 1705778 |  | 1616284 |
|  **Beverages—0.8%** |  |  |  |  |  |
|  Celsius Holdings, Inc. Term Loan<br>7.49% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup>  | 04/01/32 |  | 1045000 |  | 1052446 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.80% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup>  | 01/24/29 |  | 1250000 |  | 1242187 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.65% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup>  | 01/24/29 |  | 129239 |  | 103391 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>10.40% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup>  | 01/24/30 |  | 393114 |  | 189678 |
|  Pegasus Bidco BV 2024 Term Loan B<br>7.58% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup>  | 07/12/29 |  | 716628 |  | 722003 |
|  |  |  |  |  | 3309705 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** | **Value** |
|  **Commercial Services—1.2%** | **Commercial Services—1.2%** | **Commercial Services—1.2%** |  |  |
|  Belron Finance 2019 LLC 2024 USD Term Loan B<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/16/31 | $701201 | $| 705251 |
|  Fugue Finance BV 2025 Term Loan B<br>0.00% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/09/32 | 496256 |  | 499824 |
|  Kelso Industries LLC Term Loan<br>10.08% (1 mo. USD Term SOFR + 5.750%)<sup>(2),(8)</sup> | 12/30/29 | 423608 |  | 426785 |
|  Ryan LLC Term Loan<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 11/14/30 | 1433384 |  | 1437082 |
|  Veritiv Corp. Term Loan B<br>8.30% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/30/30 | 1305138 |  | 1311337 |
|  VT Topco, Inc. 2024 1st Lien Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/09/30 | 664921 |  | 667126 |
|  |  |  |  | 5047405 |
|  **Computers—0.4%** |  |  |  |  |
|  Nielsen Consumer, Inc. 2025 USD Term Loan<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 03/06/28 | 746255 |  | 747889 |
|  Twitter, Inc. 2025 Fixed Term Loan<br>9.50%<sup>(9)</sup> | 10/26/29 | 100000 |  | 97375 |
|  Twitter, Inc. Term Loan<br>10.93% (1 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 10/26/29 | 1047130 |  | 1024308 |
|  |  |  |  | 1869572 |
|  **Cosmetics/Personal Care—0.1%** | **Cosmetics/Personal Care—0.1%** | **Cosmetics/Personal Care—0.1%** | **Cosmetics/Personal Care—0.1%** | **Cosmetics/Personal Care—0.1%** |
|  Opal Bidco SAS USD Term Loan B<br>7.58% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 04/28/32 | 625000 |  | 628322 |
|  **Electric—0.7%** |  |  |  |  |
|  Edgewater Generation LLC 2025 Repriced Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/01/30 | 1109292 |  | 1114938 |
|  Kestrel Acquisition LLC 2024 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 11/06/31 | 701201 |  | 702267 |
|  Potomac Energy Center LLC Term Loan<br>0.00% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/12/26 | 644663 |  | 647080 |
|  South Field LLC 2025 Term Loan B<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/29/31 | 634619 |  | 638055 |
|  South Field LLC 2025 Term Loan C<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/29/31 | 40568 |  | 40788 |
|  |  |  |  | 3143128 |
|  **Electrical Components & Equipment—0.1%** | **Electrical Components & Equipment—0.1%** | **Electrical Components & Equipment—0.1%** | **Electrical Components & Equipment—0.1%** | **Electrical Components & Equipment—0.1%** |
|  Pelican Products, Inc. 2021 Term Loan<br>8.81% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/29/28 | 683729 |  | 601254 |
|  **Electronics—0.1%** | **Electronics—0.1%** | **Electronics—0.1%** | **Electronics—0.1%** | **Electronics—0.1%** |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.58% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/24/31 | 648375 |  | 650806 |
|  **Engineering & Construction—0.5%** |  |  |  |  |
|  Astrion Group LLC 2024 Term Loan<br>9.29% (6 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 08/29/31 | 698490 |  | 684520 |
|  DG Investment Intermediate Holdings 2, Inc. 2021 2nd Lien Term Loan<br>11.19% (1 mo. USD Term SOFR + 6.750%)<sup>(2)</sup> | 03/30/29 | 335000 |  | 333848 |
|  DG Investment Intermediate Holdings 2, Inc. 2021 Term Loan<br>7.94% (1 mo. USD Term SOFR + 3.500%)<sup>(2),(10)</sup> | 03/31/28 | 1081461 |  | 1084803 |
|  |  |  |  | 2103171 |
|  **Entertainment—0.4%** | **Entertainment—0.4%** | **Entertainment—0.4%** | **Entertainment—0.4%** | **Entertainment—0.4%** |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>9.07% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 08/13/31 | 1598993 |  | 1616981 |
|  **Environmental Control—0.3%** | **Environmental Control—0.3%** | **Environmental Control—0.3%** | **Environmental Control—0.3%** | **Environmental Control—0.3%** |
|  Action Environmental Group, Inc. 2023 Term Loan B<br>0.00%<sup>(6),(9)</sup> | 10/24/30 | 1500000 |  | 1503750 |
|  **Food—0.8%** |  |  |  |  |
|  8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan<br>10.25% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 10/01/25 | 804784 |  | 805235 |
|  8th Avenue Food & Provisions, Inc. 2018 2nd Lien Term Loan<br>14.25% (1 mo. USD Term SOFR + 7.750%)<sup>(2)</sup> | 10/01/26 | 750000 |  | 750375 |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>8.44% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/09/28 | 646652 |  | 639538 |
|  United Natural Foods, Inc. 2024 Term Loan<br>9.08% (1 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 05/01/31 | 1258950 |  | 1271540 |
|  |  |  |  | 3466688 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-Products—0.2%** | **Health Care-Products—0.2%** | **Health Care-Products—0.2%** |  |
|  Auris Luxembourg III SARL 2024 Term Loan B4<br>7.88% (6 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/28/29 | $210148 | $210740 |
|  Sotera Health Holdings LLC 2024 Term Loan B<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 05/30/31 | 446625 | 449140 |
|  |  |  | 659880 |
|  **Health Care-Services—1.1%** |  |  |  |
|  ADMI Corp. 2023 Term Loan B5<br>10.08% (1 mo. USD Term SOFR + 5.750%)<sup>(2)</sup> | 12/23/27 | 692965 | 673562 |
|  Aveanna Healthcare LLC 2021 Term Loan B<br>8.18% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 07/17/28 | 381948 | 374668 |
|  Heartland Dental LLC 2024 Term Loan<br>8.83% (1 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 04/28/28 | 781113 | 783069 |
|  ModivCare, Inc. 2024 Term Loan B<br>9.05% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 07/01/31 | 2271246 | 1675044 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>11.71% (3 mo. USD Term SOFR + 7.500%)<sup>(2)</sup> | 01/09/26 | 368452 | 286655 |
|  Pluto Acquisition I, Inc. 2024 First Out Superpriority Term Loan<br>9.82% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 06/20/28 | 730000 | 740950 |
|  Star Parent, Inc. Term Loan B<br>8.30% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/27/30 | 309917 | 307286 |
|  |  |  | 4841234 |
|  **Insurance—0.1%** |  |  |  |
|  Acrisure LLC 2024 1st Lien Term Loan B6<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 11/06/30 | 296759 | 296410 |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.69% (1 mo. USD Term SOFR + 5.250%)<sup>(2)</sup> | 01/20/29 | 195000 | 181426 |
|  |  |  | 477836 |
|  **Internet—1.3%** |  |  |  |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 08/15/29 | 746173 | 621842 |
|  Delivery Hero SE 2024 USD Term Loan B<br>9.30% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 12/12/29 | 1376065 | 1391119 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/06/31 | 2371125 | 2381499 |
|  MH Sub I LLC 2023 Term Loan<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/03/28 | 437832 | 411562 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.59% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 07/15/28 | 665390 | 665080 |
|  |  |  | 5471102 |
|  **Leisure Time—0.1%** |  |  |  |
|  MajorDrive Holdings IV LLC Term Loan B<br>8.56% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/01/28 | 262109 | 257777 |
|  **Machinery-Diversified—0.2%** |  |  |  |
|  Oregon Tool, Inc. 2025 2nd Lien Term Loan<br>8.59% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/15/29 | 1172210 | 956324 |
|  **Media—0.5%** |  |  |  |
|  NEP Group, Inc. 2023 Term Loan B<br>1.50% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/19/26 | 1013586 | 936619 |
|  NEP/NCP Holdco, Inc. 2018 2nd Lien Term Loan<br>11.59% (3 mo. USD Term SOFR + 7.000%)<sup>(2)</sup> | 10/19/26 | 875000 | 472500 |
|  Virgin Media Bristol LLC 2023 USD Term Loan Y<br>7.37% (6 mo. USD Term SOFR + 3.175%)<sup>(2)</sup> | 03/31/31 | 681000 | 673223 |
|  |  |  | 2082342 |
|  **Mining—0.2%** |  |  |  |
|  American Rock Salt Co. LLC 2024 First Out Term Loan<br>11.59% (3 mo. USD Term SOFR + 7.000%)<sup>(2),(11)</sup> | 06/09/28 | 695982 | 701201 |
|  **Packaging & Containers—0.2%** |  |  |  |
|  Plaze, Inc. 2020 Incremental Term Loan<br>8.19% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 08/03/26 | 745043 | 719663 |
|  **Pharmaceuticals—0.1%** |  |  |  |
|  Gainwell Acquisition Corp. Term Loan B<br>8.40% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/01/27 | 422786 | 408306 |
|  **REIT—0.4%** |  |  |  |
|  OEG Borrower LLC 2024 Term Loan B<br>7.81% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 06/30/31 | 1576529 | 1573573 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Retail—0.3%** |  |  |  |
|  Tacala LLC 2024 Term Loan B<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 01/31/31 | $1197821 | $1205212 |
|  **Software —1.1%** |  |  |  |
|  Boxer Parent Co., Inc. 2025 USD Term Loan B<br>7.33% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 07/30/31 | 498750 | 496224 |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>8.08% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/29/28 | 545757 | 517252 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/26/29 | 1745625 | 1728012 |
|  EagleView Technology Corp. 2018 Add On Term Loan B<br>11.06% (3 mo. USD Term SOFR + 6.500%) | 08/14/25 | 1542890 | 1505922 |
|  Planview Parent, Inc. 2024 1st Lien Term Loan<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 12/17/27 | 723178 | 705370 |
|  |  |  | 4952780 |
|  **Telecommunications—0.1%** |  |  |  |
|  Cyxtera DC Holdings, Inc. Term Loan B<br>0.00%<sup>(12),(13)</sup> | 01/16/26 | 355886 |  |
|  Zayo Group Holdings, Inc. USD Term Loan<br>7.44% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/09/27 | 500000 | 476898 |
|  |  |  | 476898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $52,662,761) |  |  | 51171170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $409,153,642) |  |  | 412213640 |
|  **CONVERTIBLE SECURITIES—0.1%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS—0.1%** |  |  |  |
|  **Commercial Services—0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(3),(14)</sup> | 07/30/25 | 15000 | 20661 |
|  Worldline SA (France)<br>0.00%<sup>(3),(14)</sup> | 07/30/26 | 555440 | 605411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $593,026) |  |  | 626072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $593,026) |  |  | 626072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $593,026) |  |  | 626072 |
|  **COMMON STOCK—0.1%** |  |  |  |
| **Issues** |  | **Shares** | **Value** |
|  **Telecommunications—0.1%** |  |  |  |
|  Intelsat SA<sup>(15)</sup> |  | 15691 | 486421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $496,022) |  |  | 486421 |
|  **MONEY MARKET INVESTMENTS—3.7%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.27%<sup>(16)</sup> |  | 5023312 | 5023312 |
|  TCW Central Cash Fund, 4.33%<sup>(16),(17)</sup> |  | 10719745 | 10719745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $15,743,057) |  |  | 15743057 |
|  **WARRANTS—0.0%** |  |  |  |
|  **Entertainment—0.0%** |  |  |  |
|  Cineworld Group PLC<sup>(13),(15)</sup> |  | 288340 | 4 |
|  **Telecommunications—0.0%** |  |  |  |
|  Intelsat SA<sup>(15)</sup> |  | 16 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Warrants** (Cost: $60) |  |  | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (99.6%)** (Cost: $425,985,807) |  |  | 429069254 |
|  **Net Unrealized Appreciation (Depreciation) On Unfunded Commitments (0.0%)** |  |  | 3832 |
|  **Liabilities In Excess Of Other Assets (0.4%)** |  |  | 1860047 |
|  **Net Assets (100.0%)** |  |  | $430933133 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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>(18)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 385000 | 07/01/25 | $442257 | $451932 | $9675 |
|  Goldman Sachs & Co. | EUR | 979806 | 07/11/25 | 1118999 | 1150827 | 31828 |
|  |  |  |  | $**1561256** | $**1602759** | $**41503** |
|  **SELL <sup>(19)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 7692000 | 07/11/25 | $8349935 | $9034604 | $(684669) |
|  Goldman Sachs & Co. | EUR | 1218850 | 07/11/25 | 1394141 | 1431595 | (37454) |
|  |  |  |  | $**9744076** | $**10466199** | $**(722123)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
|  ACES | Alternative Credit Enhancement Securities. |
|  EUR | Euro Currency. |
|  LIBOR | London Interbank Offered Rate. |
|  REMIC | Real Estate Mortgage Investment Conduits. |
|  SOFR | Secured Overnight Financing Rate. |
| (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 June 30, 2025, the value of these securities amounted to $290,343,148 or 67.4% 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 June 30, 2025. |
| (3) | 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 June 30, 2025, the value of these securities amounted to $7,118,318 or 1.7% of net assets. |
| (4) | Perpetual maturity. |
| (5) | Payment-in-kind ("PIK") security. Income may be paid in additional securities or cash at the discretion of the issuer—8.63% cash or 9.38% payment-in-kind interest. |
| (6) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (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) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $73,889, at an interest rate of 10.08% and a maturity of December 30, 2029. The investment is accruing an unused commitment fee of 5.75% per annum. |
| (9) | This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
| (10) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $61,328, at an interest rate of 7.94% and a maturity of March 31, 2028. The investment is accruing an unused commitment fee of 3.50% per annum. |
| (11) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $440,276, at an interest rate of 11.59% and a maturity of June 9, 2028. The investment is accruing an unused commitment fee of 7.0% per annum. |
| (12) | 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. |
| (13) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (14) | Security is not accruing interest. |
| (15) | Non-income producing security. |
| (16) | Rate disclosed is the 7-day net yield as of June 30, 2025. |
| (17) | Affiliated issuer. |
| (18) | Fund buys foreign currency, sells USD. |
| (19) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW MetWest High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>June 30,<br>2025** | **Value at June 30,<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 | $9789160 | $127330585 | $126400000 | 10719745 | $10719745 | $118713 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $10719745 | $118713 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest High Yield Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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; Corporate Bonds\* | $— | $361042470 | $— | $361042470 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans\* |  | 51171170 |  | 51171170 |
|  Total Fixed Income Securities |  | 412213640 |  | 412213640 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 626072 |  | 626072 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 15743057 |  |  | 15743057 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock\* |  | 486421 |  | 486421 |
| &nbsp;&nbsp;&nbsp;&nbsp; Warrants\* |  | 60 | 4 | 64 |
|  Total Equity Securities | 15743057 | 486481 | 4 | 16229542 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments |  | 3832 |  | 3832 |
|  Total Investments | $15743057 | $413330025 | $4 | $429073086 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 41503 |  | 41503 |
|  Total | $15743057 | $413371528 | $4 | $429114589 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (722123) |  | (722123) |
|  Total | $— | $(722123) | $— | $(722123) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—108.0% of Net Assets** | **FIXED INCOME SECURITIES—108.0% of Net Assets** | **FIXED INCOME SECURITIES—108.0% of Net Assets** | **FIXED INCOME SECURITIES—108.0% of Net Assets** |
|  **ASSET-BACKED SECURITIES—5.1%** |  |  |  |
|  AMMC CLO 24 Ltd. Series 2021-24A, Class AR<br>5.47% (3 mo. USD Term SOFR + 1.200%)<sup>(1),(2)</sup> | 01/20/35 | $75000 | $75041 |
|  AMMC CLO 30 Ltd. Series 2024-30A, Class A1<br>5.94% (3 mo. USD Term SOFR + 1.680%)<sup>(1),(2)</sup> | 01/15/37 | 70000 | 70223 |
|  Apidos CLO XII Ltd. Series 2013-12A, Class ARR<br>5.34% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 04/15/31 | 43753 | 43782 |
|  ARES XXVII CLO Ltd. Series 2013-2A, Class AR3<br>5.43% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/28/34 | 90000 | 90040 |
|  Dryden 72 CLO Ltd. Series 2019-72A, Class ARR<br>5.43% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 05/15/32 | 59668 | 59714 |
|  Elmwood CLO X Ltd. Series 2021-3A, Class A1R<br>5.54% (3 mo. USD Term SOFR + 1.270%)<sup>(1),(2)</sup> | 04/20/34 | 125000 | 125077 |
|  GoldenTree Loan Management U.S. CLO 11 Ltd. Series 2021-11A, Class AR<br>5.35% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 10/20/34 | 70000 | 70001 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08% <sup>(1)</sup> | 01/17/73 | 23805 | 22470 |
|  LCM 29 Ltd. Series 29A, Class AR<br>5.59% (3 mo. USD Term SOFR + 1.332%)<sup>(1),(2)</sup> | 04/15/31 | 138106 | 138141 |
|  Octagon Investment Partners 46 Ltd. Series 2020-2A, Class AR<br>5.68% (3 mo. USD Term SOFR + 1.422%)<sup>(1),(2)</sup> | 07/15/36 | 70000 | 70086 |
|  Palmer Square Loan Funding Ltd. Series 2022-3A, Class A1BR<br>5.66% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 04/15/31 | 115000 | 115029 |
|  Regatta XIII Funding Ltd. Series 2018-2A, Class A1R<br>5.36% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 07/15/31 | 33335 | 33345 |
|  Rockford Tower CLO Ltd. Series 2019-2A, Class AR2<br>5.45% (3 mo. USD Term SOFR + 1.130%)<sup>(1),(2)</sup> | 08/20/32 | 59522 | 59521 |
|  Sabey Data Center Issuer LLC Series 2021-1, Class A2<br>1.88% <sup>(1)</sup> | 06/20/46 | 83000 | 80488 |
|  Skyline Aviation, Inc. Class A<br>3.23% | 07/03/38 | 29937 | 27864 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 01/25/83 | 20000 | 20515 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 04/26/83 | 20000 | 20076 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/25/73 | 35000 | 35606 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 20000 | 20093 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 20000 | 20257 |
|  Vantage Data Centers Issuer LLC Series 2020-1A, Class A2<br>1.65%<sup>(1)</sup> | 09/15/45 | 85000 | 84343 |
|  Wachovia Student Loan Trust Series 2006-1, Class A6<br>4.79% (90 day USD SOFR Average + 0.432%)<sup>(1),(2)</sup> | 04/25/40 | 13391 | 13130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $1,283,744) |  |  | 1294842 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—14.3%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD8199<br>2.00% | 03/01/52 | 41559 | 32992 |
|  Federal Home Loan Mortgage Corp., Pool #SD8189<br>2.50% | 01/01/52 | 39148 | 32601 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4064, Class TB (PAC)<br>3.50% | 06/15/42 | 98618 | 89759 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 240 (I/O)<br>5.50% | 07/15/36 | 102155 | 19007 |
|  Federal National Mortgage Association, Pool #BW9897<br>4.50% | 10/01/52 | 19922 | 19097 |
|  Federal National Mortgage Association REMICS Series 2011-116, Class SA (I/O) (I/F)<br>1.58% (-30 day USD SOFR Average + 5.886%)<sup>(2)</sup> | 11/25/41 | 42708 | 3267 |
|  Federal National Mortgage Association REMICS Series 2012-128, Class UA<br>2.50% | 06/25/42 | 18228 | 15814 |
|  Federal National Mortgage Association REMICS Series 2013-5, Class GF<br>5.00% (30 day USD SOFR Average + 1.214%)<sup>(2)</sup> | 10/25/42 | 27673 | 26782 |
|  Federal National Mortgage Association REMICS Series 2024-73, Class FB<br>5.51% (30 day USD SOFR Average + 1.200%)<sup>(2)</sup> | 10/25/54 | 36151 | 36062 |
|  Government National Mortgage Association, Pool #MA8427<br>4.50% | 11/20/52 | 123590 | 119363 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 97975 | 93957 |
|  Government National Mortgage Association REMICS Series 2003-110, Class S (I/O) (I/F)<br>2.17% (-1 mo. USD Term SOFR + 6.486%)<sup>(2)</sup> | 10/20/33 | 112089 | 8162 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Government National Mortgage Association REMICS Series 2018-124, Class NW<br>3.50% | 09/20/48 | $17672 | $16082 |
|  Government National Mortgage Association REMICS Series 2018-154, Class BP (PAC)<br>3.50% | 11/20/48 | 1800 | 1706 |
|  Government National Mortgage Association REMICS Series 2019-15, Class GT<br>3.50% | 02/20/49 | 15275 | 13961 |
|  Government National Mortgage Association REMICS Series 2023-113, Class FD<br>5.65% (30 day USD SOFR Average + 1.350%)<sup>(2)</sup> | 08/20/53 | 34586 | 34736 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(3)</sup> | 12/01/51 | 100000 | 85011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 05/01/52 | 150000 | 139461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 08/01/54 | 75000 | 71787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 04/01/55 | 225000 | 221047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 03/01/55 | 100000 | 100138 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(3)</sup> | 11/01/51 | 150000 | 118801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(3)</sup> | 11/01/51 | 100000 | 82971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(3)</sup> | 01/01/52 | 375000 | 324498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 01/01/52 | 400000 | 360263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 03/01/52 | 475000 | 441804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/54 | 650000 | 621796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 03/01/55 | 300000 | 294101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 02/01/55 | 175000 | 175007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $3,620,289) |  |  | 3600033 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—9.8%** |  |  |  |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class A1A2<br>3.90%<sup>(1)</sup> | 08/10/35 | 69000 | 66230 |
|  245 Park Avenue Trust Series 2017-245P, Class A<br>3.51%<sup>(1)</sup> | 06/05/37 | 115000 | 111807 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018- PARK, Class A<br>4.23%<sup>(1),(4)</sup> | 08/10/38 | 100000 | 97321 |
|  BFLD Mortgage Trust Series 2024-VICT, Class A<br>6.20% (1 mo. USD Term SOFR + 1.890%)<sup>(1),(2)</sup> | 07/15/41 | 39000 | 39162 |
|  BX Trust Series 2019-OC11, Class C<br>3.86%<sup>(1)</sup> | 12/09/41 | 79000 | 74396 |
|  BX Trust Series 2021-LBA, Class DV<br>6.03% (1 mo. USD Term SOFR + 1.714%)<sup>(1),(2)</sup> | 02/15/36 | 33214 | 33031 |
|  BX Trust Series 2021-VIEW, Class A<br>5.71% (1 mo. USD Term SOFR + 1.394%)<sup>(1),(2)</sup> | 06/15/36 | 50000 | 49776 |
|  BX Trust Series 2023-DELC, Class B<br>7.65% (1 mo. USD Term SOFR + 3.339%)<sup>(1),(2)</sup> | 05/15/38 | 32000 | 32324 |
|  BXP Trust Series 2017-GM, Class B<br>3.54%<sup>(1),(4)</sup> | 06/13/39 | 100000 | 96257 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class A<br>2.65%<sup>(1)</sup> | 12/10/41 | 100000 | 89643 |
|  COMM Mortgage Trust Series 2014-UBS3, Class XA (I/O)<br>0.76%<sup>(4)</sup> | 06/10/47 | 73522 | 2 |
|  COMM Mortgage Trust Series 2014-UBS5, Class XA (I/O)<br>0.68%<sup>(4)</sup> | 09/10/47 | 140407 | 2 |
|  COMM Mortgage Trust Series 2016-787S, Class A<br>3.55%<sup>(1)</sup> | 02/10/36 | 35000 | 34397 |
|  COMM Mortgage Trust Series 2024-277P, Class A<br>6.34%<sup>(1)</sup> | 08/10/44 | 79000 | 83353 |
|  CSAIL Commercial Mortgage Trust Series 2015-C4, Class AS<br>4.17%<sup>(4)</sup> | 11/15/48 | 50000 | 49599 |
|  CSAIL Commercial Mortgage Trust Series 2019-C18, Class A2<br>2.84% | 12/15/52 | 20485 | 20108 |
|  CSMC Trust Series 2021-B33, Class A2<br>3.17%<sup>(1)</sup> | 10/10/43 | 100000 | 87794 |
|  DOLP Trust Series 2021-NYC, Class A<br>2.96%<sup>(1)</sup> | 05/10/41 | 106000 | 94488 |
|  Eleven Madison Trust Mortgage Trust Series 2015-11MD, Class A<br>3.67%<sup>(1),(4)</sup> | 09/10/35 | 56000 | 55291 |
|  FirstKey Homes Trust Series 2021-SFR2, Class E2<br>2.36%<sup>(1)</sup> | 09/17/38 | 100000 | 96040 |
|  FirstKey Homes Trust Series 2022-SFR1, Class D<br>5.20%<sup>(1)</sup> | 05/19/39 | 70000 | 70084 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class B<br>7.10% (1 mo. USD Term SOFR + 2.790%)<sup>(1),(2)</sup> | 03/15/28 | 100000 | 100530 |
|  GS Mortgage Securities Trust Series 2010-C1, Class X (I/O)<br>0.53%<sup>(1),(4),(5)</sup> | 08/10/43 | 2313571 | 34 |
|  GS Mortgage Securities Trust Series 2011-GC5, Class XA (I/O)<br>0.09%<sup>(1),(4)</sup> | 08/10/44 | 147676 | 94 |
|  GWT Trust Series 2024-WLF2, Class B<br>6.45% (1 mo. USD Term SOFR + 2.141%)<sup>(1),(2)</sup> | 05/15/41 | 37000 | 37159 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014- C22, Class XA (I/O)<br>0.55%<sup>(4)</sup> | 09/15/47 | 128531 | 2 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014- C25, Class XA (I/O)<br>0.61%<sup>(4)</sup> | 11/15/47 | 283447 | 3 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2010-C2, Class XB (I/O)<br>1.41%<sup>(1),(4)</sup> | 11/15/43 | 425656 | 16 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.95%<sup>(1),(4)</sup> | 09/06/38 | 70000 | 68273 |
|  Manhattan West Mortgage Trust Series 2020-1MW, Class B<br>2.41%<sup>(1),(4)</sup> | 09/10/39 | 100000 | 94058 |
|  MHC Commercial Mortgage Trust Series 2021-MHC, Class B<br>5.53% (1 mo. USD Term SOFR + 1.215%)<sup>(1),(2)</sup> | 04/15/38 | 36000 | 36019 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C22, Class XA (I/O)<br>0.78%<sup>(4)</sup> | 04/15/48 | 130489 | 2 |
|  NRTH Mortgage Trust Series 2024-PARK, Class A<br>5.95% (1 mo. USD Term SOFR + 1.641%)<sup>(1),(2)</sup> | 03/15/39 | 135000 | 135268 |
|  Progress Residential Trust Series 2021-SFR11, Class E2<br>3.53%<sup>(1)</sup> | 01/17/39 | 80000 | 75509 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  SCOTT Trust Series 2023-SFS, Class A<br>5.91%<sup>(1)</sup> | 03/10/40 | $110000 | $112901 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class B<br>5.66% (1 mo. USD Term SOFR + 1.350%)<sup>(1),(2)</sup> | 01/15/39 | 33000 | 32734 |
|  SREIT Trust Series 2021-MFP, Class B<br>5.51% (1 mo. USD Term SOFR + 1.194%)<sup>(1),(2)</sup> | 11/15/38 | 41942 | 41933 |
|  SREIT Trust Series 2021-MFP2, Class C<br>5.80% (1 mo. USD Term SOFR + 1.485%)<sup>(1),(2)</sup> | 11/15/36 | 100000 | 99988 |
|  SREIT Trust Series 2021-PALM, Class C<br>5.39% (1 mo. USD Term SOFR + 1.074%)<sup>(1),(2)</sup> | 10/15/34 | 50000 | 49818 |
|  TCO Commercial Mortgage Trust Series 2024-DPM, Class B<br>5.90% (1 mo. USD Term SOFR + 1.592%)<sup>(1),(2)</sup> | 12/15/39 | 100000 | 100036 |
|  UBS Commercial Mortgage Trust Series 2019-C17, Class AS<br>3.20% | 10/15/52 | 60000 | 55050 |
|  Wells Fargo Commercial Mortgage Trust Series 2015-NXS2, Class XA (I/O)<br>0.27%<sup>(4)</sup> | 07/15/58 | 343754 | 118 |
|  Wells Fargo Commercial Mortgage Trust Series 2016-LC25, Class AS<br>4.00%<sup>(4)</sup> | 12/15/59 | 52000 | 51024 |
|  Wells Fargo Commercial Mortgage Trust Series 2024-SVEN, Class A<br>6.01%<sup>(1)</sup> | 06/10/37 | 100000 | 103002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $2,710,869) |  |  | 2474676 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.1%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K049,<br>Class X3 (I/O) 1.62%<sup>(4)</sup> | 10/25/43 | 250000 | 209 |
|  Federal National Mortgage Association-ACES Series 2016- M2, Class X3 (I/O)<br>2.04%<sup>(4)</sup> | 04/25/36 | 39511 | 2 |
|  Federal National Mortgage Association-ACES Series 2016- M4, Class X2 (I/O)<br>2.72%<sup>(4)</sup> | 01/25/39 | 236046 | 8803 |
|  Government National Mortgage Association Series 2012-112 (I/O)<br>0.11%<sup>(4)</sup> | 02/16/53 | 1584263 | 4926 |
|  Government National Mortgage Association Series 2013-1 (I/O)<br>0.58%<sup>(4)</sup> | 02/16/54 | 416502 | 6426 |
|  Government National Mortgage Association Series 2013-125 (I/O)<br>0.25%<sup>(4)</sup> | 10/16/54 | 632159 | 10641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities — Agency** (Cost: $213,493) |  |  | 31007 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—6.3%** |  |  |  |
|  ABFC Trust Series 2006-OPT1, Class A3D<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 09/25/36 | 52018 | 51413 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass- Through Certificates Series 2005-R11, Class M3<br>5.18% (1 mo. USD Term SOFR + 0.864%)<sup>(2)</sup> | 01/25/36 | 57662 | 56797 |
|  BCMSC Trust Series 2000-A, Class A2<br>7.58%<sup>(4)</sup> | 06/15/30 | 19426 | 1379 |
|  Bear Stearns ARM Trust Series 2004-1, Class 12A<br>5.34%<sup>(4)</sup> | 04/25/34 | 4849 | 4345 |
|  Carrington Mortgage Loan Trust Series 2006-FRE1, Class A3<br>4.58% (1 mo. USD Term SOFR + 0.264%)<sup>(2)</sup> | 04/25/36 | 47777 | 46964 |
|  Carrington Mortgage Loan Trust Series 2007-HE1, Class A4<br>4.72% (1 mo. USD Term SOFR + 0.404%)<sup>(2)</sup> | 06/25/37 | 85000 | 80912 |
|  Chase Home Lending Mortgage Trust Series 2024-10, Class A4A<br>5.50%<sup>(1),(4)</sup> | 10/25/55 | 97216 | 97505 |
|  CIM Trust Series 2021-R4, Class A1A<br>2.00%<sup>(1),(4)</sup> | 05/01/61 | 44780 | 41370 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-OPT1, Class M1<br>5.06% (1 mo. USD Term SOFR + 0.744%)<sup>(2)</sup> | 02/25/35 | 29334 | 27624 |
|  Countrywide Asset-Backed Certificates Trust Series 2007- 13, Class 2A1<br>5.33% (1 mo. USD Term SOFR + 1.014%)<sup>(2)</sup> | 10/25/47 | 15336 | 14251 |
|  Cross Mortgage Trust Series 2024-H6, Class A1<br>5.13%<sup>(1),(4)</sup> | 09/25/69 | 89189 | 88933 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-DNA6, Class M2<br>5.81% (30 day USD SOFR Average + 1.500%)<sup>(1),(2)</sup> | 10/25/41 | 45931 | 46123 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2022-R01, Class 1M2<br>6.21% (30 day USD SOFR Average + 1.900%)<sup>(1),(2)</sup> | 12/25/41 | 50000 | 50436 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2024-R01, Class 1M2<br>6.11% (30 day USD SOFR Average + 1.800%)<sup>(1),(2)</sup> | 01/25/44 | 50000 | 50603 |
|  GCAT Trust Series 2023-INV1, Class A7<br>6.00%<sup>(1),(4)</sup> | 08/25/53 | 69765 | 70472 |
|  GSR Mortgage Loan Trust Series 2005-AR6, Class 2A1<br>5.29%<sup>(4)</sup> | 09/25/35 | 6827 | 6565 |
|  Home Equity Asset Trust Series 2005-4, Class M6<br>4.67% (1 mo. USD Term SOFR + 1.194%)<sup>(2)</sup> | 10/25/35 | 60259 | 59782 |
|  Impac CMB Trust Series 2007-A, Class A<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(1),(2)</sup> | 05/25/37 | 61032 | 59213 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  IndyMac INDX Mortgage Loan Trust Series 2007-FLX3, Class A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 06/25/37 | $105578 | $98215 |
|  Long Beach Mortgage Loan Trust Series 2006-1, Class 1A<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 02/25/36 | 2176 | 2147 |
|  MFA Trust Series 2021-INV1, Class A3<br>1.26%<sup>(1),(4)</sup> | 01/25/56 | 48510 | 46755 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-5AR, Class 3A1<br>5.26%<sup>(4)</sup> | 07/25/34 | 6466 | 6408 |
|  New Residential Mortgage Loan Trust Series 2022-NQM4, Class A1<br>5.00%<sup>(1)</sup> | 06/25/62 | 77046 | 77454 |
|  OBX Trust Series 2024-HYB1, Class A1<br>3.65%<sup>(1),(4)</sup> | 03/25/53 | 66480 | 65538 |
|  OBX Trust Series 2024-NQM14, Class A1<br>4.94%<sup>(1)</sup> | 09/25/64 | 84619 | 84195 |
|  OBX Trust Series 2024-NQM15, Class A1<br>5.32%<sup>(1)</sup> | 10/25/64 | 86242 | 86146 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2A<br>4.53% (1 mo. USD Term SOFR + 0.214%)<sup>(2)</sup> | 05/25/47 | 56649 | 41338 |
|  Structured Asset Mortgage Investments II Trust Series 2004- AR1, Class 1A2<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 03/19/34 | 886 | 842 |
|  Structured Asset Securities Corp. Series 2005-WF1, Class M4<br>5.56% (1 mo. USD Term SOFR + 1.239%)<sup>(2)</sup> | 02/25/35 | 66010 | 66984 |
|  Structured Asset Securities Corp. Mortgage Loan Trust Series 2006-BC6, Class A1<br>4.59% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 01/25/37 | 90699 | 85787 |
|  Verus Securitization Trust Series 2023-4, Class A1<br>5.81%<sup>(1)</sup> | 05/25/68 | 70509 | 70619 |
|  Wells Fargo Home Equity Trust Mortgage Pass-Through Certificates Series 2004-1, Class 2A1<br>5.03% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 04/25/34 | 8831 | 8650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $1,605,776) |  |  | 1595765 |
|  **CORPORATE BONDS—65.1%** |  |  |  |
|  **Aerospace & Defense—0.5%** |  |  |  |
|  BAE Systems Holdings, Inc. (United Kingdom)<br>3.85%<sup>(1)</sup> | 12/15/25 | 10000 | 9970 |
|  Boeing Co.<br>3.63% | 02/01/31 | 100000 | 94244 |
|  General Electric Co.<br>4.90% (3 mo. USD Term SOFR + 0.642%)<sup>(2)</sup> | 05/05/26 | 10000 | 10013 |
|  |  |  | 114227 |
|  **Agriculture—1.2%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 40000 | 40559 |
|  BAT Capital Corp. (United Kingdom)<br>4.39% | 08/15/37 | 95000 | 85051 |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 07/21/25 | 30000 | 29989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/30/28 | 35000 | 35000 |
|  Philip Morris International, Inc.<br>5.75% | 11/17/32 | 60000 | 63472 |
|  Reynolds American, Inc. (United Kingdom)<br>5.70% | 08/15/35 | 50000 | 51096 |
|  |  |  | 305167 |
|  **Airlines—0.5%** |  |  |  |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 17526 | 16602 |
|  JetBlue Pass-Through Trust Series 2019-1, Class AA<br>2.75% | 11/15/33 | 24550 | 21298 |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | 95531 | 96957 |
|  |  |  | 134857 |
|  **Auto Manufacturers—0.2%** |  |  |  |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 | 35000 | 35609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 | 20000 | 20150 |
|  |  |  | 55759 |
|  **Banks—14.6%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(2)</sup> | 03/11/27 | 25000 | 24528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/21/32 | 442000 | 385362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59% (1 day USD SOFR + 2.150%)<sup>(2)</sup> | 04/29/31 | 210000 | 192100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47% (1 day USD SOFR + 1.650%)<sup>(2)</sup> | 01/23/35 | 5000 | 5139 |
|  Bank of New York Mellon Corp.<br>5.83% (1 day USD SOFR Index + 2.074%)<sup>(2)</sup> | 10/25/33 | 170000 | 180438 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (1 day USD SOFR + 1.177%)<sup>(2)</sup> | 11/03/32 | 225000 | 196936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56% (1 day USD SOFR + 1.167%)<sup>(2)</sup> | 05/01/32 | 70000 | 62042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (1 day USD SOFR + 1.351%)<sup>(2)</sup> | 01/25/33 | 32000 | 28623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33% (1 day USD SOFR + 1.465%)<sup>(2)</sup> | 03/27/36 | 70000 | 70592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45% (1 day USD SOFR + 1.447%)<sup>(2)</sup> | 06/11/35 | 45000 | 46024 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 50000 | 48434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (1 day USD SOFR + 1.264%)<sup>(2)</sup> | 10/21/32 | 212000 | 187255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% (1 day USD SOFR + 1.420%)<sup>(2)</sup> | 10/23/35 | 65000 | 64260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 01/28/36 | 75000 | 76962 |
|  HSBC Holdings PLC (United Kingdom)<br>2.80% (1 day USD SOFR + 1.187%)<sup>(2)</sup> | 05/24/32 | 155000 | 137803 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(2)</sup> | 04/22/27 | $205000 | $200291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 365000 | 316751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 01/25/33 | 135000 | 121364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.29% (1 day USD SOFR + 1.460%)<sup>(2)</sup> | 07/22/35 | 55000 | 56024 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (1 day USD SOFR + 1.034%)<sup>(2)</sup> | 02/13/32 | 240000 | 205435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 215000 | 183913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% (1 day USD SOFR + 1.870%)<sup>(2)</sup> | 04/21/34 | 25000 | 25452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59% (1 day USD SOFR + 1.418%)<sup>(2)</sup> | 01/18/36 | 75000 | 77182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83% (1 day USD SOFR + 1.580%)<sup>(2)</sup> | 04/19/35 | 70000 | 73415 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22% (1 day USD SOFR + 1.072%)<sup>(2)</sup> | 01/29/31 | 150000 | 154096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.902%)<sup>(2)</sup> | 01/22/35 | 5000 | 5201 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% (1 day USD SOFR + 2.284%)<sup>(2)</sup> | 10/20/34 | 15000 | 16784 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>2.47% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 01/11/28 | 30000 | 29086 |
|  U.S. Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84% (1 day USD SOFR + 1.600%)<sup>(2)</sup> | 02/01/34 | 140000 | 138407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.860%)<sup>(2)</sup> | 01/23/35 | 5000 | 5196 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (3 mo. USD Term SOFR + 1.262%)<sup>(2)</sup> | 02/11/31 | 80000 | 73298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 03/02/33 | 295000 | 269651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% (1 day USD SOFR + 1.780%)<sup>(2)</sup> | 01/23/35 | 25000 | 25655 |
|  |  |  | 3683699 |
|  **Beverages—2.1%** |  |  |  |
|  Bacardi Ltd.<br>4.70%<sup>(1)</sup> | 05/15/28 | 65000 | 65246 |
|  Becle SAB de CV (Mexico)<br>2.50%<sup>(1)</sup> | 10/14/31 | 70000 | 58022 |
|  Coca-Cola Co.<br>4.65% | 08/14/34 | 45000 | 45265 |
|  Constellation Brands, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 08/01/31 | 15000 | 13019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 05/01/30 | 30000 | 27784 |
|  Diageo Investment Corp. (United Kingdom)<br>5.63% | 04/15/35 | 200000 | 209298 |
|  JDE Peet's NV (Netherlands)<br>2.25%<sup>(1)</sup> | 09/24/31 | 120000 | 102422 |
|  |  |  | 521056 |
|  **Biotechnology—1.1%** |  |  |  |
|  Amgen, Inc.<br>5.25% | 03/02/33 | 125000 | 128092 |
|  Biogen, Inc.<br>5.75% | 05/15/35 | 70000 | 72077 |
|  Illumina, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 03/23/31 | 25000 | 22026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 12/13/27 | 15000 | 15380 |
|  Regeneron Pharmaceuticals, Inc.<br>1.75% | 09/15/30 | 20000 | 17395 |
|  Royalty Pharma PLC<br>1.75% | 09/02/27 | 25000 | 23686 |
|  |  |  | 278656 |
|  **Chemicals—0.3%** |  |  |  |
|  International Flavors & Fragrances, Inc.<br>2.30%<sup>(1)</sup> | 11/01/30 | 95000 | 84052 |
|  **Commercial Services— 0.8%** |  |  |  |
|  Global Payments, Inc.<br>5.30% | 08/15/29 | 60000 | 61105 |
|  Northwestern University<br>3.69% | 12/01/38 | 20000 | 17491 |
|  RELX Capital, Inc. (United Kingdom)<br>3.00% | 05/22/30 | 20000 | 18863 |
|  Rollins, Inc.<br>5.25% | 02/24/35 | 100000 | 100435 |
|  S&P Global, Inc.<br>2.90% | 03/01/32 | 10000 | 9094 |
|  |  |  | 206988 |
|  **Computers—0.5%** |  |  |  |
|  Booz Allen Hamilton, Inc.<br>5.95% | 04/15/35 | 55000 | 56150 |
|  Dell International LLC/EMC Corp.<br>5.00% | 04/01/30 | 70000 | 71163 |
|  |  |  | 127313 |
|  **Cosmetics/Personal Care—0.1%** |  |  |  |
|  Kenvue, Inc.<br>4.90% | 03/22/33 | 15000 | 15224 |
|  **Diversified Financial Services—2.3%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/29/28 | 80000 | 76250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 01/30/32 | 40000 | 36249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/23/28 | 16000 | 15766 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/01/27 | 26000 | 25615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 10/01/28 | 30000 | 30210 |
|  American Express Co.<br>6.49% (1 day USD SOFR + 1.940%)<sup>(2)</sup> | 10/30/31 | 100000 | 109060 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 | 46000 | 43741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 02/21/28 | 10000 | 9493 |
|  Blackrock, Inc.<br>3.75% | 07/18/35 | 100000 | 119686 |
|  Capital One Financial Corp.<br>6.70% | 11/29/32 | 15000 | 16382 |
|  Intercontinental Exchange, Inc.<br>1.85% | 09/15/32 | 30000 | 24926 |
|  Mastercard, Inc.<br>4.55% | 01/15/35 | 80000 | 78711 |
|  |  |  | 586089 |
|  **Electric—6.0%** |  |  |  |
|  Alliant Energy Finance LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%<sup>(1)</sup> | 03/15/26 | 90000 | 87470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 03/30/29 | 35000 | 36774 |
|  Ameren Corp.<br>3.50% | 01/15/31 | 50000 | 47271 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Electric (Continued)** |  |  |  |
|  Appalachian Power Co.<br>3.30% | 06/01/27 | $20000 | $19632 |
|  Arizona Public Service Co.<br>6.35% | 12/15/32 | 100000 | 108111 |
|  Berkshire Hathaway Energy Co.<br>1.65% | 05/15/31 | 25000 | 21323 |
|  Black Hills Corp.<br>4.35% | 05/01/33 | 36000 | 33971 |
|  Commonwealth Edison Co.<br>6.45% | 01/15/38 | 20000 | 22114 |
|  Duke Energy Corp.<br>2.55% | 06/15/31 | 35000 | 31219 |
|  Duke Energy Florida LLC<br>5.88% | 11/15/33 | 45000 | 48043 |
|  Eurogrid GmbH (Germany)<br>1.11%<sup>(6)</sup> | 05/15/32 | 100000 | 101490 |
|  Evergy Missouri West, Inc.<br>5.65%<sup>(1)</sup> | 06/01/34 | 50000 | 51232 |
|  Eversource Energy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60% | 07/01/27 | 30000 | 30162 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 05/15/33 | 70000 | 70054 |
|  Exelon Corp.<br>5.30% | 03/15/33 | 35000 | 35898 |
|  FirstEnergy Transmission LLC<br>4.55% | 01/15/30 | 25000 | 25026 |
|  Florida Power & Light Co.<br>5.30% | 06/15/34 | 205000 | 211529 |
|  ITC Holdings Corp.<br>4.95%<sup>(1)</sup> | 09/22/27 | 20000 | 20228 |
|  Jersey Central Power & Light Co.<br>2.75%<sup>(1)</sup> | 03/01/32 | 90000 | 79021 |
|  Narragansett Electric Co.<br>3.40%<sup>(1)</sup> | 04/09/30 | 35000 | 33426 |
|  Oklahoma Gas & Electric Co.<br>5.40% | 01/15/33 | 15000 | 15530 |
|  Oncor Electric Delivery Co. LLC<br>5.35%<sup>(1)</sup> | 04/01/35 | 200000 | 204090 |
|  Public Service Co. of New Mexico<br>3.85% | 08/01/25 | 40000 | 39972 |
|  Southwestern Electric Power Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.10% | 09/15/28 | 15000 | 14872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 04/01/33 | 105000 | 105942 |
|  Xcel Energy, Inc.<br>3.40% | 06/01/30 | 10000 | 9494 |
|  |  |  | 1503894 |
|  **Engineering & Construction—0.1%** |  |  |  |
|  Sydney Airport Finance Co. Pty. Ltd. (Australia)<br>3.63%<sup>(1)</sup> | 04/28/26 | 15000 | 14889 |
|  **Entertainment—0.4%** |  |  |  |
|  WarnerMedia Holdings, Inc.<br>4.28%<sup>(7)</sup> | 03/15/32 | 122000 | 103050 |
|  **Environmental Control—1.0%** |  |  |  |
|  Republic Services, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 07/01/26 | 5000 | 4932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 03/15/35 | 80000 | 81629 |
|  Waste Management, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% | 03/15/35 | 175000 | 175849 |
|  |  |  | 262410 |
|  **Food—1.9%** |  |  |  |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 12/01/31 | 32000 | 29791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 | 50000 | 54636 |
|  Mars, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%<sup>(1)</sup> | 03/01/30 | 165000 | 167219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20%<sup>(1)</sup> | 03/01/35 | 30000 | 30364 |
|  Mondelez International Holdings Netherlands BV<br>0.88%<sup>(6)</sup> | 10/01/31 | 100000 | 102828 |
|  Pilgrim's Pride Corp.<br>3.50% | 03/01/32 | 60000 | 54100 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 40000 | 34516 |
|  |  |  | 473454 |
|  **Forest Products & Paper—0.1%** |  |  |  |
|  Georgia-Pacific LLC<br>2.30%<sup>(1)</sup> | 04/30/30 | 20000 | 18195 |
|  **Gas—2.9%** |  |  |  |
|  Boston Gas Co.<br>3.76%<sup>(1)</sup> | 03/16/32 | 25000 | 23072 |
|  CenterPoint Energy Resources Corp.<br>5.40% | 03/01/33 | 130000 | 133605 |
|  East Ohio Gas Co.<br>2.00%<sup>(1)</sup> | 06/15/30 | 15000 | 13348 |
|  KeySpan Gas East Corp.<br>5.99%<sup>(1)</sup> | 03/06/33 | 85000 | 88402 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(6)</sup> | 04/05/30 | 100000 | 122675 |
|  NiSource, Inc.<br>5.40% | 06/30/33 | 75000 | 76891 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(2)</sup> | 09/15/55 | 55000 | 55679 |
|  Piedmont Natural Gas Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/15/31 | 10000 | 8911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 06/15/33 | 65000 | 66982 |
|  Southern Co. Gas Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% | 09/15/34 | 5000 | 4956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 09/15/32 | 20000 | 20341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 09/15/33 | 102000 | 107100 |
|  |  |  | 721962 |
|  **Health Care-Products—1.6%** |  |  |  |
|  Alcon Finance Corp.<br>2.75%<sup>(1)</sup> | 09/23/26 | 40000 | 39135 |
|  Baxter International, Inc.<br>3.95% | 04/01/30 | 10000 | 9778 |
|  Dentsply Sirona, Inc.<br>3.25% | 06/01/30 | 35000 | 31952 |
|  GE HealthCare Technologies, Inc.<br>4.80% | 08/14/29 | 65000 | 65961 |
|  Medtronic Global Holdings SCA<br>4.50% | 03/30/33 | 20000 | 19798 |
|  Revvity, Inc.<br>2.55% | 03/15/31 | 35000 | 30772 |
|  Smith & Nephew PLC (United Kingdom)<br>2.03% | 10/14/30 | 30000 | 26303 |
|  STERIS Irish FinCo UnLtd Co.<br>2.70% | 03/15/31 | 30000 | 26966 |
|  Stryker Corp.<br>3.38% | 09/11/32 | 100000 | 117914 |
|  Thermo Fisher Scientific, Inc.<br>5.09% | 08/10/33 | 34000 | 34798 |
|  |  |  | 403377 |
|  **Health Care-Services—4.4%** |  |  |  |
|  Ascension Health<br>2.53% | 11/15/29 | 20000 | 18665 |
|  Barnabas Health, Inc.<br>4.00% | 07/01/28 | 15000 | 15035 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-Services (Continued)** |  |  |  |
|  Centene Corp.<br>3.00% | 10/15/30 | $85000 | $75987 |
|  Cigna Group<br>2.40% | 03/15/30 | 105000 | 95848 |
|  Elevance Health, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% | 02/15/35 | 70000 | 70767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 10/15/32 | 60000 | 62605 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 | 20000 | 19236 |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 03/15/32 | 75000 | 69209 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 06/15/29 | 65000 | 63900 |
|  Health Care Service Corp. A Mutual Legal Reserve Co.<br>5.45%<sup>(1)</sup> | 06/15/34 | 45000 | 45716 |
|  Humana, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% | 03/23/29 | 10000 | 9699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/31 | 150000 | 153483 |
|  IQVIA, Inc.<br>6.25% | 02/01/29 | 35000 | 36600 |
|  Premier Health Partners<br>2.91% | 11/15/26 | 15000 | 14625 |
|  Providence St. Joseph Health Obligated Group<br>2.75% | 10/01/26 | 20000 | 19584 |
|  Roche Holdings, Inc.<br>5.59%<sup>(1)</sup> | 11/13/33 | 100000 | 106064 |
|  UnitedHealth Group, Inc.<br>5.15% | 07/15/34 | 205000 | 207146 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 | 35000 | 33816 |
|  |  |  | 1117985 |
|  **Household Products/Wares—0.1%** |  |  |  |
|  Church & Dwight Co., Inc.<br>5.60% | 11/15/32 | 20000 | 21070 |
|  **Insurance—2.5%** |  |  |  |
|  Aon Corp.<br>2.80% | 05/15/30 | 40000 | 37093 |
|  Athene Global Funding<br>1.61%<sup>(1)</sup> | 06/29/26 | 5000 | 4864 |
|  Brown & Brown, Inc.<br>4.20% | 03/17/32 | 30000 | 28720 |
|  Equitable Financial Life Global Funding<br>1.30%<sup>(1)</sup> | 07/12/26 | 25000 | 24277 |
|  Farmers Exchange Capital<br>7.05%<sup>(1)</sup> | 07/15/28 | 20000 | 21021 |
|  Farmers Insurance Exchange<br>4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(2)</sup> | 11/01/57 | 65000 | 53054 |
|  Marsh & McLennan Cos., Inc.<br>2.25% | 11/15/30 | 30000 | 26875 |
|  Metropolitan Life Global Funding I<br>2.95%<sup>(1)</sup> | 04/09/30 | 180000 | 168642 |
|  MMI Capital Trust I<br>7.63% | 12/15/27 | 50000 | 53003 |
|  New York Life Global Funding<br>5.00%<sup>(1)</sup> | 01/09/34 | 115000 | 115975 |
|  New York Life Insurance Co.<br>5.88%<sup>(1)</sup> | 05/15/33 | 65000 | 68253 |
|  Willis North America, Inc.<br>5.35% | 05/15/33 | 25000 | 25635 |
|  |  |  | 627412 |
|  **Internet—0.3%** |  |  |  |
|  Uber Technologies, Inc.<br>4.80% | 09/15/34 | 85000 | 83740 |
|  **Lodging—0.7%** |  |  |  |
|  Choice Hotels International, Inc.<br>5.85% | 08/01/34 | 40000 | 40400 |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 70000 | 70770 |
|  Las Vegas Sands Corp.<br>6.00% | 06/14/30 | 55000 | 56744 |
|  |  |  | 167914 |
|  **Media—1.0%** |  |  |  |
|  Charter Communications Operating LLC/Charter Communications Operating Capital<br>2.30% | 02/01/32 | 185000 | 156140 |
|  Comcast Corp.<br>1.95% | 01/15/31 | 10000 | 8768 |
|  Discovery Communications LLC<br>3.63% | 05/15/30 | 35000 | 28385 |
|  Fox Corp.<br>6.50% | 10/13/33 | 65000 | 70350 |
|  |  |  | 263643 |
|  **Oil & Gas—0.2%** |  |  |  |
|  Aker BP ASA (Norway)<br>3.10%<sup>(1)</sup> | 07/15/31 | 67000 | 59950 |
|  **Packaging & Containers—1.7%** |  |  |  |
|  Amcor Finance USA, Inc.<br>5.63% | 05/26/33 | 15000 | 15558 |
|  Amcor Flexibles North America, Inc.<br>5.50%<sup>(1)</sup> | 03/17/35 | 40000 | 40646 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.57% | 01/15/26 | 20000 | 19648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 20000 | 19193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 85000 | 87950 |
|  Sealed Air Corp.<br>1.57%<sup>(1)</sup> | 10/15/26 | 30000 | 28804 |
|  Smurfit Kappa Treasury ULC (Ireland)<br>5.44% | 04/03/34 | 200000 | 203698 |
|  Sonoco Products Co.<br>3.13% | 05/01/30 | 25000 | 23311 |
|  |  |  | 438808 |
|  **Pharmaceuticals—3.1%** |  |  |  |
|  AbbVie, Inc.<br>5.20% | 03/15/35 | 95000 | 97148 |
|  Bayer U.S. Finance II LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 25000 | 24769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 11/21/33 | 35000 | 37516 |
|  Becton Dickinson & Co.<br>3.70% | 06/06/27 | 20000 | 19783 |
|  Bristol-Myers Squibb Co.<br>5.20% | 02/22/34 | 135000 | 138320 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 08/15/29 | 40000 | 38029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 06/01/33 | 150000 | 151299 |
|  Elanco Animal Health, Inc.<br>6.65% | 08/28/28 | 15000 | 15625 |
|  Eli Lilly & Co.<br>4.75% | 02/12/30 | 140000 | 143612 |
|  Johnson & Johnson<br>5.00% | 03/01/35 | 45000 | 46184 |
|  Pfizer Investment Enterprises Pte. Ltd.<br>4.75% | 05/19/33 | 35000 | 34959 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** | **Value** |
|  **Pharmaceuticals (Continued)** |  |  |  |  |  |
|  Zoetis, Inc.<br>5.60% | 11/16/32 | $| 20000 | $| 21145 |
|  |  |  |  |  | 768389 |
|  **Pipelines—0.5%** | **Pipelines—0.5%** | **Pipelines—0.5%** | **Pipelines—0.5%** | **Pipelines—0.5%** | **Pipelines—0.5%** |
|  Pipeline Funding Co. LLC<br>7.50%<sup>(1)</sup> | 01/15/30 |  | 15938 |  | 16621 |
|  Plains All American Pipeline LP/PAA Finance Corp.<br>4.65% | 10/15/25 |  | 30000 |  | 29992 |
|  Southern Natural Gas Co. LLC<br>4.80%<sup>(1)</sup> | 03/15/47 |  | 30000 |  | 25060 |
|  TransCanada PipeLines Ltd. (Canada) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 03/01/34 |  | 30000 |  | 28797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60% | 03/31/34 |  | 35000 |  | 35690 |
|  |  |  |  |  | 136160 |
|  **REIT—3.9%** |  |  |  |  |  |
|  American Assets Trust LP |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 02/01/31 |  | 25000 |  | 22420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15% | 10/01/34 |  | 5000 |  | 5006 |
|  American Homes 4 Rent LP |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 07/15/31 |  | 30000 |  | 26123 |
|  American Tower Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% | 09/15/31 |  | 148000 |  | 128650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 |  | 15000 |  | 13981 |
|  Americold Realty Operating Partnership LP |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.41% | 09/12/34 |  | 45000 |  | 44124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60% | 05/15/32 |  | 20000 |  | 20104 |
|  Crown Castle, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 01/15/31 |  | 120000 |  | 104493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 07/01/30 |  | 25000 |  | 23414 |
|  CubeSmart LP<br>4.38% | 02/15/29 |  | 15000 |  | 14903 |
|  Digital Realty Trust LP<br>3.60% | 07/01/29 |  | 10000 |  | 9697 |
|  DOC Dr. LLC (REIT)<br>4.30% | 03/15/27 |  | 26000 |  | 25958 |
|  Equinix, Inc.<br>2.50% | 05/15/31 |  | 35000 |  | 31031 |
|  Essex Portfolio LP |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 03/15/32 |  | 10000 |  | 8745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 04/01/34 |  | 35000 |  | 35860 |
|  Extra Space Storage LP<br>2.20% | 10/15/30 |  | 40000 |  | 35357 |
|  GLP Capital LP/GLP Financing II, Inc.<br>5.30% | 01/15/29 |  | 20000 |  | 20232 |
|  Healthcare Realty Holdings LP<br>3.10% | 02/15/30 |  | 15000 |  | 13947 |
|  Host Hotels & Resorts LP |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 09/15/30 |  | 30000 |  | 27906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 06/15/32 |  | 40000 |  | 40611 |
|  Hudson Pacific Properties LP<br>3.95% | 11/01/27 |  | 25000 |  | 23986 |
|  Invitation Homes Operating Partnership LP<br>5.50% | 08/15/33 |  | 20000 |  | 20357 |
|  Kilroy Realty LP (REIT)<br>3.05% | 02/15/30 |  | 5000 |  | 4526 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 |  | 25000 |  | 25168 |
|  LXP Industrial Trust |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 10/01/31 |  | 25000 |  | 21183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70% | 09/15/30 |  | 25000 |  | 22384 |
|  NNN REIT, Inc.<br>5.60% | 10/15/33 |  | 40000 |  | 41397 |
|  Piedmont Operating Partnership LP<br>2.75% | 04/01/32 |  | 35000 |  | 29237 |
|  Realty Income Corp.<br>5.13% | 04/15/35 |  | 40000 |  | 40076 |
|  Rexford Industrial Realty LP<br>2.15% | 09/01/31 |  | 30000 |  | 25730 |
|  UDR, Inc. (REIT)<br>4.40% | 01/26/29 |  | 10000 |  | 10000 |
|  Ventas Realty LP (REIT)<br>4.13% | 01/15/26 |  | 10000 |  | 9971 |
|  VICI Properties LP<br>5.13% | 05/15/32 |  | 52000 |  | 51839 |
|  Weyerhaeuser Co.<br>3.38% | 03/09/33 |  | 15000 |  | 13440 |
|  |  |  |  |  | 991856 |
|  **Retail—1.1%** |  |  |  |  |  |
|  AutoZone, Inc.<br>5.13% | 06/15/30 |  | 40000 |  | 41036 |
|  McDonald's Corp.<br>4.95% | 03/03/35 |  | 120000 |  | 120048 |
|  Starbucks Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 11/15/30 |  | 20000 |  | 18139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 05/15/30 |  | 90000 |  | 91146 |
|  |  |  |  |  | 270369 |
|  **Savings & Loans—0.1%** |  |  |  |  |  |
|  Nationwide Building Society (United Kingdom)<br>1.50%<sup>(1)</sup> | 10/13/26 |  | 25000 |  | 24126 |
|  **Semiconductors—0.9%** |  |  |  |  |  |
|  Broadcom, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%<sup>(1)</sup> | 02/15/33 |  | 65000 |  | 55683 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%<sup>(1)</sup> | 04/15/33 |  | 20000 |  | 18139 |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 |  | 55000 |  | 56417 |
|  Intel Corp.<br>2.00% | 08/12/31 |  | 85000 |  | 73055 |
|  Micron Technology, Inc.<br>2.70% | 04/15/32 |  | 15000 |  | 13062 |
|  |  |  |  |  | 216356 |
|  **Software—3.6%** |  |  |  |  |  |
|  AppLovin Corp.<br>5.50% | 12/01/34 |  | 70000 |  | 71184 |
|  Atlassian Corp.<br>5.50% | 05/15/34 |  | 105000 |  | 107895 |
|  Cadence Design Systems, Inc.<br>4.70% | 09/10/34 |  | 110000 |  | 108761 |
|  Constellation Software, Inc. (Canada)<br>5.46%<sup>(1)</sup> | 02/16/34 |  | 100000 |  | 102053 |
|  Fiserv, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 06/01/30 |  | 20000 |  | 18333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 08/21/33 |  | 20000 |  | 20796 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 |  | 72000 |  | 74658 |
|  Oracle Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 03/25/31 |  | 70000 |  | 63834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 08/03/28 |  | 30000 |  | 30499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 11/09/32 |  | 90000 |  | 97420 |
|  Paychex, Inc.<br>5.60% | 04/15/35 |  | 140000 |  | 144788 |
|  Synopsys, Inc.<br>5.15% | 04/01/35 |  | 30000 |  | 30262 |
|  Take-Two Interactive Software, Inc.<br>4.00% | 04/14/32 |  | 50000 |  | 47450 |
|  |  |  |  |  | 917933 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Telecommunications—2.6%** |  |  |  |
|  Cisco Systems, Inc.<br>5.05% | 02/26/34 | $90000 | $92164 |
|  Sprint Capital Corp.<br>8.75% | 03/15/32 | 85000 | 103159 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 178750 | 179992 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 02/15/31 | 179000 | 160518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 04/15/31 | 60000 | 56397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 07/15/33 | 55000 | 55366 |
|  |  |  | 647596 |
|  **Transportation—0.2%** |  |  |  |
|  Norfolk Southern Corp.<br>3.00% | 03/15/32 | 15000 | 13603 |
|  Union Pacific Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 05/20/31 | 10000 | 9002 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89% | 04/06/36 | 20000 | 16590 |
|  |  |  | 39195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $16,188,170) |  |  | 16406820 |
|  **MUNICIPAL BONDS —1.7%** |  |  |  |
|  City of Baltimore, Series B<br>2.13% | 07/01/33 | 15000 | 12535 |
|  Commonwealth of Massachusetts, Series B<br>4.11% | 07/15/31 | 8263 | 8209 |
|  County of Miami-Dade Aviation Revenue, Series D<br>3.50% | 10/01/31 | 15000 | 14240 |
|  Empire State Development Corp., Series B<br>2.97% | 03/15/34 | 15000 | 13182 |
|  Empire State Development Corp., Series F<br>2.00% | 03/15/33 | 15000 | 12404 |
|  Maryland Economic Development Corp., Revenue Bond<br>5.43% | 05/31/56 | 50000 | 47652 |
|  Massachusetts School Building Authority, Series B<br>2.97% | 10/15/32 | 15000 | 13548 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series A-3<br>3.73% | 08/01/29 | 5000 | 4913 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series D-3<br>2.50% | 11/01/33 | 50000 | 42334 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series E-3<br>1.97% | 02/01/33 | 100000 | 82993 |
|  New York State Dormitory Authority, Revenue bonds<br>5.29% | 03/15/33 | 45167 | 45745 |
|  New York State Dormitory Authority, Series C<br>1.95% | 03/15/29 | 75000 | 69845 |
|  San Francisco City & County Airport Comm-San Francisco International Airport, Series C<br>3.05% | 05/01/34 | 20000 | 17417 |
|  Santa Monica Community College District,<br>2.05% | 08/01/33 | 20000 | 16632 |
|  University of Michigan, Series C<br>3.44% | 04/01/31 | 25000 | 24009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $481,879) |  |  | 425658 |
|  **U.S. TREASURY SECURITIES—5.6%** |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 05/15/55 | 35000 | 34811 |
|  U.S. Treasury Inflation-Indexed Notes<br>2.13% | 01/15/35 | 320166 | 325500 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 06/30/27 | 20000 | 20013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/15/28 | 282000 | 283531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 | 231000 | 231912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 | 510000 | 510917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $1,386,664) |  |  | 1406684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $27,490,884) |  |  | 27235485 |
|  **CONVERTIBLE SECURITIES—0.2%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS**—**0.2%** |  |  |  |
|  **Commercial Services—0.2%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(6),(8)</sup> | 07/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;7500 | 10331 |
|  Worldline SA (France)<br>0.00%<sup>(6),(8)</sup> | 07/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;27500 | 29974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $37,261) |  |  | 40305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $37,261) |  |  | 40305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $37,261) |  |  | 40305 |
| **Issues** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS—3.9%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,4.27%<sup>(9)</sup> |  | 34818 | 34818 |
|  TCW Central Cash Fund,4.33%<sup>(9),(10)</sup> |  | 952933 | 952933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $987,751) |  |  | 987751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS<sup>(11)</sup> (0.0%)** (Cost: $8,221) |  |  | 7405 |
|  **Total Investments (112.1%)** (Cost: $28,524,117) |  |  | 28270946 |
|  **Liabilities In Excess Of Other Assets (-12.1%)** |  |  | (3059519) |
|  **Net Assets (100.0%)** |  |  | $25211427 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **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** |  |  |  |  |  |
| 9 | 5-Year U.S. Treasury Note Futures | 09/30/25 | $969360 | $981000 | $11640 |
| 52 | 2-Year U.S. Treasury Note Futures | 09/30/25 | 10774531 | 10817219 | 42688 |
|  |  |  | $**11743891** | $**11798219** | $**54328** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 24 | 10-Year U.S. Treasury Note Futures | 09/19/25 | (2664502) | (2742375) | (77873) |
| 2 | Euro-Bobl Futures | 09/8/25 | (277190) | (276277) | 913 |
| 2 | Euro-Bund Futures | 09/8/25 | (307334) | (305553) | 1781 |
| 9 | U.S. Ultra Long Bond Futures | 09/19/25 | (1036107) | (1072125) | (36018) |
|  |  |  | $**(4285133)** | $**(4396330)** | $**(111197)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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>(12)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 199682 | 07/11/25 | $229687 | $234535 | $4848 |
|  |  |  |  | $**229687** | $**234535** | $**4848** |
|  **SELL <sup>(13)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 704826 | 07/11/25 | $776447 | $827850 | $(51403) |
|  |  |  |  | $**776447** | $**827850** | $**(51403)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** |
| **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)** |
|  **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** |
|  2-Year Interest Rate Swap | Goldman Sachs International | 4.11 | 12/31/25 | 2950000 | 2950000 | $1852 | $— | $1852 |
|  2-Year Interest Rate Swap | Goldman Sachs International | 3.86 | 12/31/25 | 670000 | 670000 | 838 | 2010 | (1172) |
|  2-Year Interest Rate Swap | Goldman Sachs International | 4.09 | 12/31/25 | 720000 | 720000 | 461 | 2160 | (1699) |
|  5-Year Interest Rate Swap | JP Morgan Chase Bank | 4.20 | 12/31/25 | 1250000 | 1250000 | 2706 |  | 2706 |
|  5-Year Interest Rate Swap | JP Morgan Chase Bank | 4.01 | 12/31/25 | 285000 | 285000 | 959 | 1931 | (972) |
|  5-Year Interest Rate Swap | Bank of America | 4.24 | 12/31/25 | 305000 | 305000 | 589 | 2120 | (1531) |
|  **Total Swaptions** |  |  |  |  |  | $**7405** | $**8221** | $**(816)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| 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. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | |
|:---|:---|
| 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 June 30, 2025, the value of these securities amounted to $7,216,338 or 28.6% 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. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at June 30, 2025. |
| (3) | 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. |
| (4) | 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. |
| (5) | Restricted security (Note 7). |
| (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 June 30, 2025, the value of these securities amounted to $367,298 or 1.5% of net assets. |
| (7) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (8) | Security is not accruing interest. |
| (9) | Rate disclosed is the 7-day net yield as of June 30, 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 MetWest Investment Grade Credit Fund** |  |
| SCHEDULE OF INVESTMENTS (Continued) | June 30, 2025 |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**March 31,<br>2025** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**June 30,**<br>**2025** | **Value at June 30,**<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 | $811687 | $7652246 | $7511000 | 952933 | $952933 | $4977 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $952933 | $4977 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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; Corporate Bonds\* | $— | $16406820 | $— | $16406820 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 3600033 |  | 3600033 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 2474676 |  | 2474676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 1595765 |  | 1595765 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 1406684 |  |  | 1406684 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 1294842 |  | 1294842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 425658 |  | 425658 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 31007 |  | 31007 |
|  Total Fixed Income Securities | 1406684 | 25828801 |  | 27235485 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 40305 |  | 40305 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 987751 |  |  | 987751 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC | 7405 |  |  | 7405 |
|  Total Investments | $2401840 | $25869106 | $— | $28270946 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 4848 |  | 4848 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 57022 |  |  | 57022 |
|  Total | $2458862 | $25873954 | $— | $28332816 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (113891) |  |  | (113891) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (51403) |  | (51403) |
|  Total | $(113891) | $(51403) | $— | $(165294) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—107.4% of Net Assets** | **FIXED INCOME SECURITIES—107.4% of Net Assets** | **FIXED INCOME SECURITIES—107.4% of Net Assets** | **FIXED INCOME SECURITIES—107.4% of Net Assets** |
|  **ASSET-BACKED SECURITIES—14.6%** |  |  |  |
|  Access Group, Inc. Series 2015-1, Class A<br>5.12% (30 day USD SOFR Average + 0.814%)<sup>(1),(2)</sup> | 07/25/56 | $563068 | $556452 |
|  Allegro CLO VII Ltd. Series 2018-1A, Class AR<br>5.39% (3 mo. USD Term SOFR + 1.130%)<sup>(1),(2)</sup> | 06/13/31 | 638948 | 639157 |
|  Apidos CLO XXXI Ltd. Series 2019-31A, Class A1R<br>5.62% (3 mo. USD Term SOFR + 1.362%)<sup>(1),(2)</sup> | 04/15/31 | 2253228 | 2257016 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2022-5A, Class C<br>6.24%<sup>(1)</sup> | 04/20/27 | 1260000 | 1264336 |
|  Barings CLO Ltd. Series 2018-4A, Class A1R<br>5.41% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/15/30 | 4949318 | 4952629 |
|  Carvana Auto Receivables Trust Series 2021-N2, Class D<br>1.27% | 03/10/28 | 576282 | 558370 |
|  CIFC Funding Ltd. Series 2016-1A, Class AR3<br>5.27% (3 mo. USD Term SOFR + 1.000%)<sup>(1),(2)</sup> | 10/21/31 | 4663282 | 4656996 |
|  CLI Funding VI LLC Series 2020-1A, Class A<br>2.08%<sup>(1)</sup> | 09/18/45 | 389552 | 362369 |
|  Credit Acceptance Auto Loan Trust Series 2025-1A, Class C<br>5.71%<sup>(1)</sup> | 07/16/35 | 2130000 | 2177891 |
|  DataBank Issuer LLC Series 2021-1A, Class A2<br>2.06%<sup>(1)</sup> | 02/27/51 | 1000000 | 978399 |
|  Diamond Infrastructure Funding LLC Series 2021-1A, Class A<br>1.76%<sup>(1)</sup> | 04/15/49 | 1470000 | 1398886 |
|  Domino's Pizza Master Issuer LLC Series 2015-1A, Class A2I<br>4.47%<sup>(1)</sup> | 10/25/45 | 3617250 | 3614069 |
|  Domino's Pizza Master Issuer LLC Series 2018-1A, Class A2I<br>4.12%<sup>(1)</sup> | 07/25/48 | 2145140 | 2138693 |
|  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 | 2678005 | 2681888 |
|  Dryden 80 CLO Ltd. Series 2019-80A, Class AR<br>5.53% (3 mo. USD Term SOFR + 1.250%)<sup>(1),(2)</sup> | 01/17/33 | 2410312 | 2410980 |
|  Elmwood CLO 15 Ltd. Series 2022-2A, Class A1R (I/F)<br>0.00% (-3 mo. USD Term SOFR + 1.150%)<sup>(1),(2),(3)</sup> | 04/22/35 | 4400000 | 4403300 |
|  Elmwood CLO X Ltd. Series 2021-3A, Class A1R<br>5.54% (3 mo. USD Term SOFR + 1.270%)<sup>(1),(2)</sup> | 04/20/34 | 1625000 | 1625999 |
|  Exeter Automobile Receivables Trust Series 2022-1A, Class D<br>3.02% | 06/15/28 | 2101809 | 2082840 |
|  Global SC Finance VII SRL Series 2020-2A, Class A<br>2.26%<sup>(1)</sup> | 11/19/40 | 2418502 | 2309866 |
|  Goal Capital Funding Trust Series 2006-1, Class B<br>5.30% (3 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 08/25/42 | 818448 | 779425 |
|  GoldenTree Loan Management U.S. CLO 11 Ltd. Series 2021-11A, Class AR<br>5.35% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 10/20/34 | 2600000 | 2600052 |
|  HTS Fund II LLC Series 2025-1, Class A<br>5.35%<sup>(1)</sup> | 06/23/45 | 1535000 | 1534980 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08%<sup>(1)</sup> | 01/17/73 | 2251558 | 2125304 |
|  LCM 29 Ltd. Series 29A, Class AR<br>5.59% (3 mo. USD Term SOFR + 1.332%)<sup>(1),(2)</sup> | 04/15/31 | 1491548 | 1491922 |
|  LCM 37 Ltd. Series 37A, Class A1R<br>5.32% (3 mo. USD Term SOFR + 1.060%)<sup>(1),(2)</sup> | 04/15/34 | 2800000 | 2800028 |
|  LCM XXIV Ltd. Series 24A, Class AR<br>5.51% (3 mo. USD Term SOFR + 1.242%)<sup>(1),(2)</sup> | 03/20/30 | 150790 | 150831 |
|  Madison Park Funding XXIII Ltd. Series 2017-23A, Class AR<br>5.51% (3 mo. USD Term SOFR + 1.232%)<sup>(1),(2)</sup> | 07/27/31 | 5483530 | 5490384 |
|  Madison Park Funding XXIV Ltd. Series 2016-24A, Class AR2<br>5.39% (3 mo. USD Term SOFR + 1.120%)<sup>(1),(2)</sup> | 10/20/29 | 1206650 | 1207176 |
|  Navient Private Education Refi Loan Trust Series 2021-CA, Class A<br>1.06%<sup>(1)</sup> | 10/15/69 | 623603 | 561676 |
|  Navient Private Education Refi Loan Trust Series 2021-FA, Class A<br>1.11%<sup>(1)</sup> | 02/18/70 | 3162744 | 2804088 |
|  Nelnet Student Loan Trust Series 2013-1A, Class A<br>5.02% (30 day USD SOFR Average + 0.714%)<sup>(1),(2)</sup> | 06/25/41 | 795467 | 787238 |
|  Neuberger Berman CLO XVI-S Ltd. Series 2017-16SA, Class XR2<br>5.26% (3 mo. USD Term SOFR + 0.950%)<sup>(1),(2)</sup> | 04/15/39 | 2500000 | 2498250 |
|  Neuberger Berman Loan Advisers CLO Ltd. Series 2022- 49A, Class AR<br>5.43% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 07/25/35 | 7150000 | 7155019 |
|  NYACK Park CLO Ltd. Series 2021-1A, Class X<br>5.18% (3 mo. USD Term SOFR + 0.912%)<sup>(1),(2)</sup> | 10/20/34 | 502232 | 502001 |
|  Octagon Investment Partners 41 Ltd. Series 2019-2A, Class A1R<br>5.35% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 10/15/33 | 5470000 | 5470000 |
|  Octagon Investment Partners XVII Ltd. Series 2013-1A, Class BR2<br>5.94% (3 mo. USD Term SOFR + 1.662%)<sup>(1),(2)</sup> | 01/25/31 | 1310000 | 1311245 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |  |  |
|  Palmer Square Loan Funding Ltd. Series 2022-3A, Class A1BR<br>5.66% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 04/15/31 | $| 5060000 | $| 5061280 |
|  Regatta XVI Funding Ltd. Series 2019-2A, Class A1R<br>5.46% (3 mo. USD Term SOFR + 1.200%)<sup>(1),(2)</sup> | 01/15/33 |  | 2823371 |  | 2826756 |
|  Rockford Tower CLO Ltd. Series 2017-3A, Class A<br>5.72% (3 mo. USD Term SOFR + 1.452%)<sup>(1),(2)</sup> | 10/20/30 |  | 460359 |  | 460846 |
|  Rockford Tower CLO Ltd. Series 2018-1A, Class A<br>5.68% (3 mo. USD Term SOFR + 1.362%)<sup>(1),(2)</sup> | 05/20/31 |  | 499419 |  | 499872 |
|  Rockford Tower CLO Ltd. Series 2019-2A, Class AR2<br>5.45% (3 mo. USD Term SOFR + 1.130%)<sup>(1),(2)</sup> | 08/20/32 |  | 2125787 |  | 2125745 |
|  Santander Drive Auto Receivables Trust Series 2021-3, Class D<br>1.33% | 09/15/27 |  | 1433520 |  | 1427806 |
|  Skyline Aviation, Inc. Class A<br>3.23% | 07/03/38 |  | 5089286 |  | 4736813 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.27% (90 day USD SOFR Average + 1.912%)<sup>(2)</sup> | 07/25/22 |  | 1269522 |  | 1273111 |
|  SLM Student Loan Trust Series 2008-6, Class A4<br>5.72% (90 day USD SOFR Average + 1.362%)<sup>(2)</sup> | 07/26/83 |  | 690076 |  | 682610 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>5.12% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 01/25/29 |  | 1210450 |  | 1184161 |
|  SLM Student Loan Trust Series 2014-1, Class A3<br>5.02% (30 day USD SOFR Average + 0.714%)<sup>(2)</sup> | 02/26/29 |  | 2194425 |  | 2128962 |
|  Store Master Funding I-VII & XIV Series 2019-1, Class A3<br>3.32%<sup>(1)</sup> | 11/20/49 |  | 976944 |  | 952218 |
|  TCI-Symphony CLO Ltd. Series 2016-1A, Class AR2<br>5.52% (3 mo. USD Term SOFR + 1.282%)<sup>(1),(2)</sup> | 10/13/32 |  | 6508764 |  | 6511843 |
|  Trestles CLO V Ltd. Series 2021-5A, Class A1R<br>5.52% (3 mo. USD Term SOFR + 1.250%)<sup>(1),(2)</sup> | 10/20/34 |  | 2500000 |  | 2505750 |
|  Vantage Data Centers Issuer LLC Series 2020-1A, Class A2<br>1.65%<sup>(1)</sup> | 09/15/45 |  | 7280000 |  | 7223744 |
|  Voya CLO Ltd. Series 2015-3A, Class A1R3<br>5.42% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/20/31 |  | 3011393 |  | 3012492 |
|  Voya CLO Ltd. Series 2017-2A, Class A1R<br>5.50% (3 mo. USD Term SOFR + 1.242%)<sup>(1),(2)</sup> | 06/07/30 |  | 1132596 |  | 1133123 |
|  World Omni Auto Receivables Trust Series 2021-D, Class B<br>1.52% | 11/15/27 |  | 5325000 |  | 5261608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $129,217,504) |  |  |  |  | 129348495 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.8%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.8%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.8%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.8%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.8%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.8%** |
|  Federal Home Loan Mortgage Corp., Pool #C46104<br>6.50% | 09/01/29 |  | 786 |  | 801 |
|  Federal Home Loan Mortgage Corp., Pool #A45796<br>7.00% | 01/01/33 |  | 482 |  | 495 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2174, Class PN (PAC)<br>6.00% | 07/15/29 |  | 89466 |  | 91027 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2454, Class FQ<br>5.42% (30 day USD SOFR Average + 1.114%)<sup>(2)</sup> | 06/15/31 |  | 1571 |  | 1589 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2733, Class FB (PAC)<br>5.02% (30 day USD SOFR Average + 0.714%)<sup>(2)</sup> | 10/15/33 |  | 774677 |  | 777063 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3294, Class CB<br>5.50% | 03/15/37 |  | 134779 |  | 137837 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3300, Class FA<br>4.72% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 |  | 236498 |  | 233833 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3325, Class NF<br>4.72% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 |  | 609893 |  | 603020 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3524, Class FC<br>5.36% (30 day USD SOFR Average + 1.054%)<sup>(2)</sup> | 06/15/38 |  | 155954 |  | 157492 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3531, Class FM<br>5.32% (30 day USD SOFR Average + 1.014%)<sup>(2)</sup> | 05/15/39 |  | 91275 |  | 92014 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4959, Class JF<br>4.87% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 03/25/50 |  | 4171535 |  | 4040975 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 240, Class F30<br>4.72% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 07/15/36 |  | 715088 |  | 707352 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 263, Class F5<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 06/15/42 |  | 892234 |  | 881453 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 319, Class F2<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 11/15/43 |  | 4124535 |  | 4085241 |
|  Federal National Mortgage Association, Pool #AE0083<br>6.00% | 01/01/40 |  | 342306 |  | 359516 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 |  | 397706 |  | 417701 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal National Mortgage Association, Pool #735861<br>6.50% | 09/01/33 | $3438 | $3601 |
|  Federal National Mortgage Association, Pool #770900<br>6.55% (1 yr. USD RFUCCT + 1.552%)<sup>(2)</sup> | 04/01/34 | 55653 | 55796 |
|  Federal National Mortgage Association REMICS Series 1997-76, Class FS<br>4.87% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 09/17/27 | 1262 | 1260 |
|  Federal National Mortgage Association REMICS Series 2001-60, Class OF<br>5.37% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 10/25/31 | 188106 | 190131 |
|  Federal National Mortgage Association REMICS Series 2007-64, Class FA<br>4.89% (30 day USD SOFR Average + 0.584%)<sup>(2)</sup> | 07/25/37 | 122162 | 121450 |
|  Federal National Mortgage Association REMICS Series 2009-85, Class LF<br>5.62% (30 day USD SOFR Average + 1.314%)<sup>(2)</sup> | 10/25/49 | 1319428 | 1332645 |
|  Federal National Mortgage Association REMICS Series 2009-96, Class FA<br>5.32% (30 day USD SOFR Average + 1.014%)<sup>(2)</sup> | 11/25/49 | 834411 | 835490 |
|  Federal National Mortgage Association REMICS Series 2010-109, Class PF (PAC)<br>4.82% (30 day USD SOFR Average + 0.514%)<sup>(2)</sup> | 10/25/40 | 358225 | 356850 |
|  Federal National Mortgage Association REMICS Series 2010-26, Class S (I/O) (I/F)<br>1.81% (-30 day USD SOFR Average + 6.116%)<sup>(2)</sup> | 11/25/36 | 2347548 | 211743 |
|  Federal National Mortgage Association REMICS Series 2010-43, Class DP (PAC)<br>5.00% | 05/25/40 | 281828 | 285513 |
|  Federal National Mortgage Association REMICS Series 2010-6, Class BF<br>5.18% (30 day USD SOFR Average + 0.874%)<sup>(2)</sup> | 02/25/40 | 700418 | 702456 |
|  Federal National Mortgage Association REMICS Series 2010-95, Class S (I/O) (I/F)<br>2.18% (-30 day USD SOFR Average + 6.486%)<sup>(2)</sup> | 09/25/40 | 2060161 | 225108 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 2559441 | 2489741 |
|  Federal National Mortgage Association REMICS Series 2020-10, Class FA<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 03/25/50 | 4537589 | 4403114 |
|  Federal National Mortgage Association REMICS Series 2024-73, Class FB<br>5.51% (30 day USD SOFR Average + 1.200%)<sup>(2)</sup> | 10/25/54 | 13353333 | 13320396 |
|  Government National Mortgage Association, Pool #MB0023<br>4.00%<sup>(3)</sup> | 11/20/54 | 4774864 | 4441329 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 4898731 | 4697836 |
|  Government National Mortgage Association, Pool #MB0024<br>4.50%<sup>(3)</sup> | 11/20/54 | 3588748 | 3438581 |
|  Government National Mortgage Association, Pool #80968<br>4.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 07/20/34 | 88150 | 89345 |
|  Government National Mortgage Association, Pool #80059<br>4.88% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 04/20/27 | 1764 | 1765 |
|  Government National Mortgage Association, Pool #80610<br>4.88% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 06/20/32 | 3383 | 3428 |
|  Government National Mortgage Association, Pool #80589<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 03/20/32 | 6457 | 6486 |
|  Government National Mortgage Association, Pool #81201<br>6.13% (1 yr. CMT + 2.000%)<sup>(2)</sup> | 01/20/35 | 3092 | 3153 |
|  Government National Mortgage Association, Pool #2286<br>8.50% | 09/20/26 | 2 | 2 |
|  Government National Mortgage Association, Pool #2487<br>8.50% | 09/20/27 | 254 | 254 |
|  Government National Mortgage Association REMICS Series 2009-106, Class XI (I/O) (I/F)<br>2.37% (-1 mo. USD Term SOFR + 6.686%)<sup>(2)</sup> | 05/20/37 | 1613391 | 165502 |
|  Government National Mortgage Association REMICS Series 2013-53, Class AD<br>1.50% | 12/20/26 | 32391 | 31947 |
|  Government National Mortgage Association REMICS Series 2024-143, Class FB<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 13408587 | 13411622 |
|  Government National Mortgage Association REMICS Series 2024-144, Class FD<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 7130633 | 7134970 |
|  Government National Mortgage Association REMICS Series 2024-148, Class AF<br>5.48% (30 day USD SOFR Average + 1.180%)<sup>(2)</sup> | 09/20/54 | 9807538 | 9816354 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 05/01/52 | 950000 | 883252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 08/01/54 | 4625000 | 4426881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 04/01/55 | 11400000 | 11199730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 03/01/55 | 7400000 | 7410212 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 03/01/37 | 14925000 | 14406901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 01/01/52 | 8150000 | 7340359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 09/01/37 | 20900000 | 20447923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 03/01/52 | 13700000 | 12742569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 04/01/39 | 30175000 | 29992698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/54 | 16275000 | 15568803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 02/01/40 | 30825000 | 31056342 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 03/01/55 | $13825000 | $13553166 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 02/01/55 | 5425000 | 5425214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities — Agency** (Cost: $254,342,149) |  |  | 254819327 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—8.6%** |  |  |  |
|  AMSR Trust Series 2020-SFR2, Class G<br>4.00%<sup>(1)</sup> | 07/17/37 | 2000000 | 1994838 |
|  AMSR Trust Series 2020-SFR2, Class H<br>5.25%<sup>(1)</sup> | 07/17/37 | 5200000 | 5186148 |
|  Arbor Realty Commercial Real Estate Notes Ltd. Series 2021-FL3, Class A<br>5.50% (1 mo. USD Term SOFR + 1.184%)<sup>(1),(2)</sup> | 08/15/34 | 988261 | 987734 |
|  Bank Series 2018-BN14, Class A2<br>4.13% | 09/15/60 | 3316174 | 3289496 |
|  Benchmark Mortgage Trust Series 2020-B17, Class A2<br>2.21% | 03/15/53 | 4076897 | 3786442 |
|  BX Commercial Mortgage Trust Series 2021-XL2, Class A<br>5.12% (1 mo. USD Term SOFR + 0.803%)<sup>(1),(2)</sup> | 10/15/38 | 1258375 | 1258565 |
|  BX Trust Series 2021-MFM1, Class A<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(1),(2)</sup> | 01/15/34 | 374520 | 374448 |
|  BX Trust Series 2021-MFM1, Class B<br>5.38% (1 mo. USD Term SOFR + 1.064%)<sup>(1),(2)</sup> | 01/15/34 | 1354500 | 1354279 |
|  BXP Trust Series 2017-GM, Class B<br>3.54%<sup>(1),(5)</sup> | 06/13/39 | 2465000 | 2372727 |
|  COMM Mortgage Trust Series 2015-DC1, Class AM<br>3.72% | 02/10/48 | 2621143 | 2581695 |
|  COMM Mortgage Trust Series 2016-DC2, Class ASB<br>3.55% | 02/10/49 | 5371 | 5364 |
|  Extended Stay America Trust Series 2021-ESH, Class A<br>5.51% (1 mo. USD Term SOFR + 1.194%)<sup>(1),(2)</sup> | 07/15/38 | 1053290 | 1054217 |
|  FirstKey Homes Trust Series 2021-SFR1, Class F1<br>3.24%<sup>(1)</sup> | 08/17/38 | 2350000 | 2285069 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class A<br>6.40% (1 mo. USD Term SOFR + 2.091%)<sup>(1),(2)</sup> | 03/15/28 | 1755000 | 1762331 |
|  GS Mortgage Securities Trust Series 2011-GC5, Class AS<br>5.21%<sup>(1),(5)</sup> | 08/10/44 | 1969101 | 1926270 |
|  GS Mortgage Securities Trust Series 2015-590M, Class C<br>3.93%<sup>(1),(5)</sup> | 10/10/35 | 1850000 | 1841499 |
|  GWT Trust Series 2024-WLF2, Class A<br>6.00% (1 mo. USD Term SOFR + 1.691%)<sup>(1),(2)</sup> | 05/15/41 | 2767000 | 2777912 |
|  HILT Commercial Mortgage Trust Series 2024-ORL, Class A<br>5.85% (1 mo. USD Term SOFR + 1.541%)<sup>(1),(2)</sup> | 05/15/37 | 2480000 | 2484854 |
|  HTL Commercial Mortgage Trust Series 2024-T53, Class A<br>6.07%<sup>(1),(5)</sup> | 05/10/39 | 2668000 | 2697172 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.95%<sup>(1),(5)</sup> | 09/06/38 | 4000000 | 3901312 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2021-MHC, Class A<br>5.48% (1 mo. USD Term SOFR + 1.164%)<sup>(1),(2)</sup> | 04/15/38 | 4520245 | 4522484 |
|  MF1 Ltd. Series 2020-FL4, Class A<br>6.13% (1 mo. USD Term SOFR + 1.814%)<sup>(1),(2)</sup> | 12/15/35 | 1711516 | 1712969 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C21, Class XA (I/O)<br>0.29%<sup>(5)</sup> | 03/15/48 | 96152 |  |
|  NRTH Mortgage Trust Series 2024-PARK, Class A<br>5.95% (1 mo. USD Term SOFR + 1.641%)<sup>(1),(2)</sup> | 03/15/39 | 3000000 | 3005953 |
|  One New York Plaza Trust Series 2020-1NYP, Class A<br>5.38% (1 mo. USD Term SOFR + 1.064%)<sup>(1),(2)</sup> | 01/15/36 | 2000000 | 1945414 |
|  ReadyCap Commercial Mortgage Trust Series 2019-6, Class A<br>2.83%<sup>(1)</sup> | 10/25/52 | 810737 | 802398 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class A<br>5.31% (1 mo. USD Term SOFR + 1.000%)<sup>(1),(2)</sup> | 01/15/39 | 2885000 | 2875508 |
|  SREIT Trust Series 2021-MFP2, Class A<br>5.25% (1 mo. USD Term SOFR + 0.936%)<sup>(1),(2)</sup> | 11/15/36 | 3640000 | 3638913 |
|  SREIT Trust Series 2021-PALM, Class E<br>6.34% (1 mo. USD Term SOFR + 2.024%)<sup>(1),(2)</sup> | 10/15/34 | 2500000 | 2493914 |
|  Tricon American Homes Series 2020-SFR1, Class F<br>4.88%<sup>(1)</sup> | 07/17/38 | 3282000 | 3259783 |
|  UBS Commercial Mortgage Trust Series 2018-C12, Class A2<br>4.15% | 08/15/51 | 979370 | 973047 |
|  WB Commercial Mortgage Trust Series 2024-HQ, Class A<br>6.13%<sup>(1),(5)</sup> | 03/15/40 | 2978000 | 2990713 |
|  Wells Fargo Commercial Mortgage Trust Series 2021- FCMT, Class A<br>5.63% (1 mo. USD Term SOFR + 1.314%)<sup>(1),(2)</sup> | 05/15/31 | 3760000 | 3743013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities — Non-agency** (Cost: $75,812,491) |  |  | 75886481 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—1.1%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KJ37, Class A1<br>1.68% | 12/25/27 | 7377149 | 7040517 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series Q004, Class AFL<br>5.14% (1 yr. MTA + 0.740%)<sup>(2)</sup> | 05/25/44 | 848361 | 848447 |
|  Federal National Mortgage Association-ACES Series 2021- M1, Class A1<br>0.87% | 11/25/30 | 1126658 | 1069614 |
|  Government National Mortgage Association Series 2008-92, Class E<br>5.56%<sup>(5)</sup> | 03/16/44 | 425175 | 423882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities — Agency** (Cost: $9,750,687) |  |  | 9382460 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—13.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—13.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—13.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—13.3%** |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006- OP1, Class A2D<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/36 | $5455067 | $5045804 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass- Through Certificates Series 2005-R9, Class M1<br>5.14% (1 mo. USD Term SOFR + 0.819%)<sup>(2)</sup> | 11/25/35 | 3479531 | 3435518 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W2, Class M1<br>5.17% (1 mo. USD Term SOFR + 0.849%)<sup>(2)</sup> | 10/25/35 | 1443197 | 1429462 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2006-HE3, Class A5<br>2.90% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 03/25/36 | 1207307 | 1187970 |
|  Banc of America Alternative Loan Trust Series 2003-8, Class 1CB<br>5.50% | 10/25/33 | 2212791 | 2230223 |
|  Bear Stearns ARM Trust Series 2004-3, Class 4A<br>5.51% <sup>(5)</sup> | 07/25/34 | 170019 | 165135 |
|  BNC Mortgage Loan Trust Series 2007-1, Class A4<br>4.59% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 03/25/37 | 2650281 | 2590055 |
|  C-BASS Trust Series 2007-CB5, Class A1<br>3.20% (1 mo. USD Term SOFR + 0.174%)<sup>(2)</sup> | 04/25/37 | 1737129 | 993749 |
|  Chase Funding Trust Series 2002-2, Class 2A1<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 05/25/32 | 665541 | 663906 |
|  Chase Home Lending Mortgage Trust Series 2024-9, Class A4<br>5.50% <sup>(1),(5)</sup> | 09/25/55 | 2856064 | 2866886 |
|  Chase Mortgage Finance Trust Series 2007-A1, Class 8A1<br>6.79% <sup>(5)</sup> | 02/25/37 | 1798187 | 1766056 |
|  Chase Mortgage Finance Trust Series 2007-A2, Class 2A3<br>6.61% <sup>(5)</sup> | 06/25/35 | 329942 | 329517 |
|  Chevy Chase Funding LLC Mortgage-Backed Certificates Series 2005-2A, Class A1<br>4.61% (1 mo. USD Term SOFR + 0.294%)<sup>(1),(2)</sup> | 05/25/36 | 228044 | 217472 |
|  CHL Mortgage Pass-Through Trust Series 2004-14, Class 4A1<br>6.54% <sup>(5)</sup> | 08/25/34 | 6202 | 5824 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95% <sup>(1),(5)</sup> | 06/25/57 | 4692980 | 4343585 |
|  CIM Trust Series 2022-I1, Class A1<br>4.35% <sup>(1),(5)</sup> | 02/25/67 | 3703138 | 3701811 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-AMC1, Class A1<br>4.72% (1 mo. USD Term SOFR + 0.404%)<sup>(1),(2)</sup> | 09/25/36 | 4330595 | 4202349 |
|  Countrywide Asset-Backed Certificates Trust Series 2006- 14, Class 2A3<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 02/25/37 | 1301067 | 1263273 |
|  Countrywide Asset-Backed Certificates Trust Series 2006-4, Class M1<br>4.96% (1 mo. USD Term SOFR + 0.639%)<sup>(2)</sup> | 07/25/36 | 1580483 | 1569158 |
|  Countrywide Asset-Backed Certificates Trust Series 2007-7, Class 1A<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 10/25/47 | 5697134 | 5397956 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2004-AR1, Class 5A1<br>6.13% <sup>(5)</sup> | 02/25/34 | 24373 | 24388 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A4<br>6.49% | 09/25/28 | 62904 | 62665 |
|  Cross Mortgage Trust Series 2024-H6, Class A1<br>5.13% <sup>(1),(5)</sup> | 09/25/69 | 1047973 | 1044965 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2022-DNA6, Class M1A<br>6.46% (30 day USD SOFR Average + 2.150%)<sup>(1),(2)</sup> | 09/25/42 | 717886 | 723459 |
|  FFMLT Trust Series 2005-FF8, Class M2<br>5.21% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 09/25/35 | 374742 | 374088 |
|  First Franklin Mortgage Loan Trust Series 2004-FF5, Class A3C<br>5.43% (1 mo. USD Term SOFR + 1.114%)<sup>(2)</sup> | 08/25/34 | 305073 | 280190 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A1<br>5.15% <sup>(5)</sup> | 09/25/34 | 691 | 704 |
|  Fremont Home Loan Trust Series 2005-E, Class 2A4<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/36 | 3812843 | 3683539 |
|  GMACM Home Equity Loan Trust Series 2000-HE2, Class A1<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 06/25/30 | 45542 | 40958 |
|  GSAMP Trust Series 2005-HE4, Class M3<br>5.21% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 07/25/45 | 483716 | 483973 |
|  GSAMP Trust Series 2006-HE2, Class M1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 03/25/46 | 1250226 | 1234491 |
|  GSR Mortgage Loan Trust Series 2005-AR7, Class 2A1<br>4.98% <sup>(5)</sup> | 11/25/35 | 59195 | 57230 |
|  Impac CMB Trust Series 2005-5, Class A1<br>5.07% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 08/25/35 | 706481 | 665412 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR8, Class 2A2<br>5.23% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 11/25/34 | $397220 | $367709 |
|  JPMorgan Mortgage Acquisition Corp. Series 2005-FRE1, Class M1<br>2.92% (1 mo. USD Term SOFR + 0.729%)<sup>(2)</sup> | 10/25/35 | 1692841 | 1666178 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-NC1, Class M1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/36 | 3071875 | 3148817 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-CH4, Class M1<br>4.66% (1 mo. USD Term SOFR + 0.344%)<sup>(2)</sup> | 05/25/37 | 7442917 | 7296567 |
|  JPMorgan Mortgage Trust Series 2007-A1, Class 1A1<br>6.74% <sup>(5)</sup> | 07/25/35 | 142127 | 142119 |
|  JPMorgan Mortgage Trust Series 2007-A1, Class 5A2<br>6.37% <sup>(5)</sup> | 07/25/35 | 41669 | 42326 |
|  JPMorgan Mortgage Trust Series 2024-4, Class A4A<br>6.00% <sup>(1),(5)</sup> | 10/25/54 | 2790818 | 2815275 |
|  Lehman ABS Manufactured Housing Contract Trust Series 2001-B, Class AC (I/O)<br>0.55% <sup>(5)</sup> | 04/15/40 | 30657489 | 288636 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-6, Class 4A2<br>4.41% <sup>(5)</sup> | 01/25/34 | 1838 | 1800 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A1<br>6.04% <sup>(5)</sup> | 11/21/34 | 224337 | 216679 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-3, Class 3A3<br>5.63% <sup>(5)</sup> | 04/25/34 | 29563 | 28756 |
|  MASTR Alternative Loan Trust Series 2003-1, Class 1A1<br>6.25% | 12/25/32 | 389634 | 400142 |
|  MASTR Alternative Loan Trust Series 2003-5, Class 4A1<br>5.50% | 07/25/33 | 1109012 | 1101401 |
|  MASTR Alternative Loan Trust Series 2003-9, Class 4A1<br>5.25% | 11/25/33 | 1154861 | 1160845 |
|  MASTR Alternative Loan Trust Series 2004-7, Class 1A1<br>5.50% | 07/25/34 | 970759 | 983450 |
|  MASTR Asset-Backed Securities Trust Series 2006-HE1, Class M1<br>4.99% (1 mo. USD Term SOFR + 0.669%)<sup>(2)</sup> | 01/25/36 | 3418565 | 3345985 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>7.56% <sup>(5)</sup> | 10/25/32 | 67785 | 66660 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2C<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 06/25/37 | 2754596 | 2755485 |
|  Merrill Lynch Mortgage Investors Trust Series 2004-A4, Class A1<br>5.25% <sup>(5)</sup> | 08/25/34 | 259620 | 245577 |
|  Mid-State Capital Corp. Trust Series 2006-1, Class A<br>5.79% <sup>(1)</sup> | 10/15/40 | 1687076 | 1692562 |
|  Mid-State Trust Series 10W, Class A2<br>5.82% | 02/15/36 | 123471 | 122759 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2004-NC7, Class M2<br>5.36% (1 mo. USD Term SOFR + 1.044%)<sup>(2)</sup> | 07/25/34 | 606899 | 644104 |
|  Morgan Stanley Residential Mortgage Loan Trust Series 2025-1, Class A4<br>5.50% <sup>(1),(5)</sup> | 03/25/55 | 2605360 | 2613297 |
|  MortgageIT Trust Series 2005-3, Class A1<br>5.03% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 08/25/35 | 56701 | 56408 |
|  MortgageIT Trust Series 2005-4, Class A1<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 10/25/35 | 1189756 | 1185990 |
|  New Century Home Equity Loan Trust Series 2005-D, Class M1<br>5.11% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 02/25/36 | 3195689 | 3103605 |
|  NLT Trust Series 2021-INV2, Class A1 1.16% <sup>(1),(5)</sup> | 08/25/56 | 4863008 | 4241923 |
|  Opteum Mortgage Acceptance Corp. Asset-Backed Pass- Through Certificates Series 2005-5, Class 1AP<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 12/25/35 | 2063613 | 2035675 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-WCW3, Class M2<br>5.17% (1 mo. USD Term SOFR + 0.849%)<sup>(2)</sup> | 08/25/35 | 1173901 | 1169241 |
|  PHH Alternative Mortgage Trust Series 2007-3, Class A3<br>5.03% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 07/25/37 | 3107096 | 3053606 |
|  PRPM LLC Series 2020-4, Class A1<br>6.61% <sup>(1)</sup> | 10/25/25 | 4669475 | 4669994 |
|  RALI Trust Series 2005-QA3, Class NB1<br>3.65% <sup>(5)</sup> | 03/25/35 | 820120 | 449539 |
|  Saxon Asset Securities Trust Series 2006-2, Class M1<br>4.87% (1 mo. USD Term SOFR + 0.549%)<sup>(2)</sup> | 09/25/36 | 8271239 | 7870078 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF2<br>2.84% | 01/25/36 | 1282803 | 1097807 |
|  Soundview Home Loan Trust Series 2006-OPT4, Class 2A4<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 06/25/36 | 2517364 | 2435846 |
|  Specialty Underwriting & Residential Finance Trust Series 2005-BC2, Class M3<br>5.41% (1 mo. USD Term SOFR + 1.089%)<sup>(2)</sup> | 12/25/35 | 604655 | 600972 |
|  Structured Asset Securities Corp. Mortgage Loan Trust Series 2006-BC6, Class A4<br>4.60% (1 mo. USD Term SOFR + 0.284%)<sup>(2)</sup> | 01/25/37 | 103295 | 103131 |
|  Structured Asset Securities Corp. Mortgage Pass-Through Certificates Series 2003-26A, Class<br>3A5 5.66% <sup>(5)</sup> | 09/25/33 | 128055 | 124221 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **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)** |
|  Terwin Mortgage Trust Series 2004-7HE, Class A1<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 07/25/34 | $51522 | $49970 |
|  VOLT XCIV LLC Series 2021-NPL3, Class A1<br>6.24%<sup>(1)</sup> | 02/27/51 | 582482 | 582675 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR14, Class A1<br>5.32%<sup>(5)</sup> | 01/25/35 | 215024 | 202438 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-CB2, Class 2A<br>5.50% | 07/25/34 | 350478 | 353245 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR13, Class A1A1<br>5.01% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 10/25/45 | 616794 | 619492 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A2<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/45 | 77687 | 77306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $120,839,907) |  |  | 117312062 |
|  **CORPORATE BONDS—31.9%** |  |  |  |
|  **Aerospace & Defense—0.6%** |  |  |  |
|  Boeing Co.<br>6.26% | 05/01/27 | 1455000 | 1497894 |
|  General Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (3 mo. USD Term SOFR + 0.642%)<sup>(2)</sup> | 05/05/26 | 2235000 | 2237883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 2182000 | 2047567 |
|  |  |  | 5783344 |
|  **Agriculture—1.1%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 1425000 | 1444907 |
|  BAT Capital Corp. (United Kingdom)<br>3.56% | 08/15/27 | 2440000 | 2401497 |
|  Imperial Brands Finance PLC (United Kingdom)<br>3.50%<sup>(1)</sup> | 07/26/26 | 5205000 | 5145559 |
|  Philip Morris International, Inc.<br>2.75% | 06/06/29 | 440000 | 512889 |
|  |  |  | 9504852 |
|  **Airlines—0.1%** |  |  |  |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 1100618 | 1042615 |
|  **Auto Manufacturers—0.1%** |  |  |  |
|  Volkswagen Group of America Finance LLC (Germany)<br>4.75%<sup>(1)</sup> | 11/13/28 | 1130000 | 1125977 |
|  **Banks—10.9%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.050%)<sup>(2)</sup> | 02/04/28 | 4275000 | 4156283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.71% (3 mo. USD Term SOFR + 1.774%)<sup>(2)</sup> | 04/24/28 | 944000 | 933144 |
|  Bank of New York Mellon<br>4.73% (1 day USD SOFR + 1.135%)<sup>(2)</sup> | 04/20/29 | 3235000 | 3280614 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 5000000 | 4859150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.52% (3 mo. USD Term SOFR + 1.413%)<sup>(2)</sup> | 10/27/28 | 4987000 | 4886063 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 1825000 | 1762512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 10000000 | 9686900 |
|  HSBC Holdings PLC (United Kingdom)<br>2.01% (1 day USD SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | 11500000 | 10900275 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 14051000 | 13765062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18% (1 day USD SOFR + 1.890%)<sup>(2)</sup> | 06/01/28 | 879000 | 844860 |
|  Lloyds Banking Group PLC (United Kingdom)<br>1.63% (1 yr. CMT + 0.850%)<sup>(2)</sup> | 05/11/27 | 590000 | 575521 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.99% (1 day USD SOFR + 0.720%)<sup>(2)</sup> | 12/10/26 | 5000000 | 4920550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.59% (1 day USD SOFR + 0.879%)<sup>(2)</sup> | 05/04/27 | 5855000 | 5714480 |
|  Morgan Stanley Bank NA<br>4.97% (1 day USD SOFR + 0.930%)<sup>(2)</sup> | 07/14/28 | 3155000 | 3194469 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58% (1 day USD SOFR + 1.841%)<sup>(2)</sup> | 06/12/29 | 830000 | 859938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.62% (1 day USD SOFR Index + 1.730%)<sup>(2)</sup> | 10/20/27 | 4570000 | 4699925 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>1.67% (1 day USD SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 3007000 | 2920970 |
|  U.S. Bancorp<br>4.65% (1 day USD SOFR + 1.230%)<sup>(2)</sup> | 02/01/29 | 5365000 | 5404218 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 1275000 | 1229317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 11735000 | 12119673 |
|  |  |  | 96713924 |
|  **Beverages—0.2%** |  |  |  |
|  Constellation Brands, Inc.<br>2.25% | 08/01/31 | 1650000 | 1432101 |
|  **Biotechnology—0.3%** |  |  |  |
|  Illumina, Inc.<br>5.75% | 12/13/27 | 2275000 | 2332580 |
|  **Chemicals—0.4%** |  |  |  |
|  FIS Fabbrica Italiana Sintetici SpA (Italy)<br>5.63%<sup>(6)</sup> | 08/01/27 | 200000 | 236805 |
|  International Flavors & Fragrances, Inc.<br>1.83%<sup>(1)</sup> | 10/15/27 | 3440000 | 3241375 |
|  |  |  | 3478180 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** |
|  **Commercial Services—0.9%** |  |  |  |  |
|  AA Bond Co. Ltd. (United Kingdom)<br>8.45%<sup>(6)</sup> | 07/31/50 | GBP | 455000 | $664374 |
|  Global Payments, Inc.<br>2.15% | 01/15/27 |  | 7201000 | 6970352 |
|  Grand Canyon University<br>5.13% | 10/01/28 |  | 150000 | 145548 |
|  RAC Bond Co. PLC (United Kingdom)<br>8.25%<sup>(6)</sup> | 05/06/46 | GBP | 400000 | 595077 |
|  |  |  |  | 8375351 |
|  **Computers—0.2%** |  |  |  |  |
|  Dell International LLC/EMC Corp.<br>4.75% | 04/01/28 |  | 1415000 | 1432249 |
|  **Diversified Financial Services—1.5%** |  |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>2.45% | 10/29/26 |  | 500000 | 487255 |
|  Air Lease Corp.<br>3.63% | 04/01/27 |  | 4835000 | 4783410 |
|  American Express Co.<br>4.73% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 04/25/29 |  | 4540000 | 4591484 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 |  | 2545000 | 2419990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 02/21/28 |  | 1350000 | 1281541 |
|  |  |  |  | 13563680 |
|  **Electric—2.9%** |  |  |  |  |
|  Alliant Energy Finance LLC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.40%<sup>(1)</sup> | 03/15/26 |  | 6540000 | 6356161 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 03/30/29 |  | 805000 | 845797 |
|  Duke Energy Corp.<br>4.30% | 03/15/28 |  | 1835000 | 1839349 |
|  Eversource Energy<br>2.90% | 03/01/27 |  | 5425000 | 5299357 |
|  ITC Holdings Corp.<br>4.95%<sup>(1)</sup> | 09/22/27 |  | 4960000 | 5016594 |
|  Jersey Central Power & Light Co.<br>4.30%<sup>(1)</sup> | 01/15/26 |  | 1868000 | 1864731 |
|  Niagara Mohawk Power Corp.<br>4.65%<sup>(1)</sup> | 10/03/30 |  | 4400000 | 4400000 |
|  |  |  |  | 25621989 |
|  **Entertainment—0.1%** |  |  |  |  |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 |  | 150000 | 147241 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 |  | 202000 | 210739 |
|  WarnerMedia Holdings, Inc.<br>3.76% | 03/15/27 |  | 923000 | 886255 |
|  |  |  |  | 1244235 |
|  **Food—1.1%** |  |  |  |  |
|  ELO SACA (France)<br>4.88%<sup>(6)</sup> | 12/08/28 | EUR | 500000 | 532517 |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 02/02/29 |  | 1795000 | 1707027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 02/01/28 |  | 2205000 | 2259838 |
|  Mars, Inc.<br>4.80%<sup>(1)</sup> | 03/01/30 |  | 4860000 | 4925367 |
|  |  |  |  | 9424749 |
|  **Gas—0.3%** |  |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 |  | 260000 | 268299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 |  | 202000 | 209505 |
|  Southern Co. Gas Capital Corp.<br>3.88% | 11/15/25 |  | 1950000 | 1944969 |
|  |  |  |  | 2422773 |
|  **Health Care-Products—0.3%** |  |  |  |  |
|  American Medical Systems Europe BV<br>3.00% | 03/08/31 | EUR | 990000 | 1160577 |
|  Thermo Fisher Scientific, Inc.<br>0.50% | 03/01/28 | EUR | 1555000 | 1734525 |
|  |  |  |  | 2895102 |
|  **Health Care-Services—1.0%** |  |  |  |  |
|  HCA, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 02/15/26 |  | 1980000 | 1982337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.58% | 09/15/25 |  | 1100000 | 1105940 |
|  Humana, Inc.<br>4.88% | 04/01/30 |  | 1420000 | 1431530 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 |  | 370000 | 354493 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(7)</sup> | 10/01/29 |  | 909300 | 250058 |
|  Premier Health Partners<br>2.91% | 11/15/26 |  | 3500000 | 3412430 |
|  |  |  |  | 8536788 |
|  **Insurance—0.9%** |  |  |  |  |
|  Farmers Exchange Capital<br>7.05%<sup>(1)</sup> | 07/15/28 |  | 1625000 | 1707989 |
|  Guardian Life Global Funding<br>4.80%<sup>(1)</sup> | 04/28/30 |  | 1685000 | 1715397 |
|  MMI Capital Trust<br>I 7.63% | 12/15/27 |  | 2000000 | 2120120 |
|  Willis North America, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% | 09/15/29 |  | 35000 | 32952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 06/15/27 |  | 2202000 | 2216313 |
|  |  |  |  | 7792771 |
|  **Internet—0.3%** |  |  |  |  |
|  Uber Technologies, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30% | 01/15/30 |  | 2132000 | 2124964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 09/15/27 |  | 534000 | 538785 |
|  |  |  |  | 2663749 |
|  **Lodging—0.5%** |  |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 |  | 2410000 | 2436510 |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 |  | 1860000 | 1898056 |
|  |  |  |  | 4334566 |
|  **Media—0.6%** |  |  |  |  |
|  Charter Communications Operating LLC/Charter Communications Operating Capital<br>4.91% | 07/23/25 |  | 397000 | 397075 |
|  CSC Holdings LLC<br>11.75%<sup>(1)</sup> | 01/31/29 |  | 1514000 | 1436771 |
|  Discovery Communications LLC<br>4.13% | 05/15/29 |  | 3500000 | 3253075 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 |  | 85000 | 87609 |
|  |  |  |  | 5174530 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Office/Business Equipment—0.0%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | $310000 | $324818 |
|  **Packaging & Containers—0.3%** |  |  |  |
|  Berry Global, Inc. | Berry Global, Inc. | Berry Global, Inc. | Berry Global, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 2000000 | 1919320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 636000 | 636006 |
|  |  |  | 2555326 |
|  **Pharmaceuticals—0.9%** |  |  |  |
|  Bayer U.S. Finance LLC (Germany)<br>6.25%<sup>(1)</sup> | 01/21/29 | 6230000 | 6536267 |
|  Grifols SA (Spain)<br>7.50%<sup>(6)</sup> | 05/01/30 | 570000 | 701197 |
|  Teva Pharmaceutical Finance Netherlands II BV (Israel)<br>4.13% | 06/01/31 | 514000 | 605639 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 180000 | 182830 |
|  |  |  | 8025933 |
|  **Pipelines—0.1%** |  |  |  |
|  Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.440%)<sup>(1),(2),(8)</sup> | 09/30/29 | 91000 | 88756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 525000 | 567289 |
|  Venture Global Plaquemines LNG LLC<br>6.75% | 01/15/36 | 174000 | 174000 |
|  |  |  | 830045 |
|  **Real Estate—0.1%** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(6)</sup> | 05/04/28 | 935000 | 1035296 |
|  **REIT—4.5%** |  |  |  |
|  American Tower Corp. (REIT)<br>5.25% | 07/15/28 | 7290000 | 7475968 |
|  Crown Castle, Inc.<br>3.80% | 02/15/28 | 3940000 | 3871286 |
|  DOC Dr. LLC (REIT)<br>4.30% | 03/15/27 | 3995000 | 3988568 |
|  Extra Space Storage LP<br>3.88% | 12/15/27 | 6745000 | 6672289 |
|  Federal Realty OP LP (REIT)<br>7.48% | 08/15/26 | 1850000 | 1893697 |
|  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% | 01/15/30 | 1245000 | 1197553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 01/15/29 | 2179000 | 2204254 |
|  Healthcare Realty Holdings LP | Healthcare Realty Holdings LP | Healthcare Realty Holdings LP | Healthcare Realty Holdings LP |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 08/01/26 | 1451000 | 1432906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 01/15/28 | 3255000 | 3177921 |
|  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 | 144000 | 118076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 04/01/29 | 601000 | 540089 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 825000 | 830536 |
|  LXP Industrial Trust<br>6.75% | 11/15/28 | 3325000 | 3521142 |
|  VICI Properties LP/VICI Note Co., Inc.<br>5.75% <sup>(1)</sup> | 02/01/27 | 2590000 | 2626260 |
|  |  |  | 39550545 |
|  **Retail—0.1%** |  |  |  |
|  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>(1)</sup> | 04/01/26 | 886000 | 879568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 86000 | 79703 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 230000 | 223597 |
|  |  |  | 1182868 |
|  **Semiconductors—0.4%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 1900000 | 1948963 |
|  Intel Corp.<br>5.13% | 02/10/30 | 1415000 | 1447672 |
|  |  |  | 3396635 |
|  **Software—0.4%** |  |  |  |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 2635000 | 2732284 |
|  Oracle Corp.<br>4.80% | 08/03/28 | 950000 | 965789 |
|  |  |  | 3698073 |
|  **Telecommunications—0.6%** |  |  |  |
|  Altice Financing SA (Luxembourg)<br>9.63%<sup>(1)</sup> | 07/15/27 | 215000 | 185313 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 45000 | 46305 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(6)</sup> | 10/07/30 | 485000 | 533774 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 569250 | 573206 |
|  T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 04/15/31 | 755000 | 709662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 04/15/27 | 3015000 | 2985664 |
|  Zayo Group Holdings, Inc.<br>4.00%<sup>(1)</sup> | 03/01/27 | 145000 | 136116 |
|  |  |  | 5170040 |
|  **Trucking & Leasing—0.2%** |  |  |  |
|  SMBC Aviation Capital Finance DAC (Ireland)<br>5.10%<sup>(1)</sup> | 04/01/30 | 1595000 | 1617824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $277,209,988) |  |  | 282283508 |
|  **MUNICIPAL BONDS—1.3%** |  |  |  |
|  Campbell Union School District, Series B<br>5.41% | 08/01/27 | 2545000 | 2581078 |
|  City of Baltimore, Series C<br>5.00% | 10/15/25 | 530000 | 530891 |
|  Commonwealth of Massachusetts, Series B<br>4.11% | 07/15/31 | 1730353 | 1718949 |
|  County of Miami-Dade Aviation Revenue, Series B | County of Miami-Dade Aviation Revenue, Series B | County of Miami-Dade Aviation Revenue, Series B | County of Miami-Dade Aviation Revenue, Series B |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.14% | 10/01/28 | 445000 | 418528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.29% | 10/01/29 | 985000 | 912594 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B-2<br>2.31% | 11/01/26 | 4060000 | 3966722 |
|  New York City Transitional Finance Authority, | New York City Transitional Finance Authority, | New York City Transitional Finance Authority, | New York City Transitional Finance Authority, |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.19% | 08/01/25 | 875000 | 874039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.19% | 08/01/25 | 235000 | 234746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $11,548,877) |  |  | 11237547 |
|  **Foreign Government Bonds—0.1%** |  |  |  |
|  Israel Government International Bonds<br>5.38% | 02/19/30 | 640000 | 654342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $635,037) |  |  | 654342 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **U.S. TREASURY SECURITIES**—**6.5%** |  |  |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 05/15/55 | $| 100000 | $| 99461 |
|  U.S. Treasury Notes |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 06/30/27 |  | 33200000 |  | 33222695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/15/28 |  | 17270000 |  | 17363771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 |  | 6615000 |  | 6641098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 |  | 435000 |  | 435782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $57,578,761) |  |  |  |  | 57762807 |
|  **BANK LOANS—1.2%** | **BANK LOANS—1.2%** | **BANK LOANS—1.2%** | **BANK LOANS—1.2%** | **BANK LOANS—1.2%** | **BANK LOANS—1.2%** |
|  **Advertising—0.0%** | **Advertising—0.0%** | **Advertising—0.0%** | **Advertising—0.0%** | **Advertising—0.0%** | **Advertising—0.0%** |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.79% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/28/27 |  | 69050 |  | 57990 |
|  Planet U.S. Buyer LLC 2024 Term Loan B<br>7.33% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/07/31 |  | 39469 |  | 39681 |
|  |  |  |  |  | 97671 |
|  **Aerospace & Defense—0.0%** | **Aerospace & Defense—0.0%** | **Aerospace & Defense—0.0%** | **Aerospace & Defense—0.0%** | **Aerospace & Defense—0.0%** | **Aerospace & Defense—0.0%** |
|  TransDigm, Inc. 2023 Term Loan J<br>6.80% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 02/28/31 |  | 35755 |  | 35859 |
|  TransDigm, Inc. 2024 Term Loan I<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 08/24/28 |  | 21447 |  | 21546 |
|  |  |  |  |  | 57405 |
|  **Apparel—0.0%** | **Apparel—0.0%** | **Apparel—0.0%** | **Apparel—0.0%** | **Apparel—0.0%** | **Apparel—0.0%** |
|  ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/21/28 |  | 64659 |  | 64704 |
|  **Beverages—0.1%** | **Beverages—0.1%** | **Beverages—0.1%** | **Beverages—0.1%** | **Beverages—0.1%** | **Beverages—0.1%** |
|  Celsius Holdings, Inc. Term Loan<br>7.49% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 04/01/32 |  | 47596 |  | 47935 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.80% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 01/24/29 |  | 446698 |  | 443906 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.65% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/24/29 |  | 581523 |  | 465219 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>10.40% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 01/24/30 |  | 77607 |  | 37445 |
|  Primo Brands Corp. 2025 Term Loan B<br>6.55% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 03/31/28 |  | 14407 |  | 14475 |
|  |  |  |  |  | 1008980 |
|  **Chemicals—0.0%** | **Chemicals—0.0%** | **Chemicals—0.0%** | **Chemicals—0.0%** | **Chemicals—0.0%** | **Chemicals—0.0%** |
|  Mativ Holdings, Inc. Delayed Draw Term Loan A<br>6.93% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 05/06/27 |  | 38482 |  | 38290 |
|  **Commercial Services—0.1%** | **Commercial Services—0.1%** | **Commercial Services—0.1%** | **Commercial Services—0.1%** | **Commercial Services—0.1%** | **Commercial Services—0.1%** |
|  Albion Financing 3 SARL 2025 USD Term Loan B<br>7.32% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/16/29 |  | 10852 |  | 10883 |
|  Belron Finance 2019 LLC 2024 USD Term Loan B<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/16/31 |  | 34296 |  | 34494 |
|  Boost Newco Borrower LLC 2025 USD Term Loan B<br>6.30% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 01/31/31 |  | 56217 |  | 56428 |
|  CCRR Parent, Inc. Term Loan B<br>8.70% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 |  | 21078 |  | 9248 |
|  CCRR Parent, Inc. US Acquisition Facility<br>8.68% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 |  | 59169 |  | 26448 |
|  Element Materials Technology Group U.S. Holdings, Inc. 2022 USD Term Loan<br>8.05% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 07/06/29 |  | 38795 |  | 38965 |
|  Kelso Industries LLC Term Loan<br>10.08% (1 mo. USD Term SOFR + 5.750%)<sup>(2),(9)</sup> | 12/30/29 |  | 101666 |  | 102428 |
|  KUEHG Corp. 2024 Term Loan<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 06/12/30 |  | 17855 |  | 17885 |
|  Ryan LLC Term Loan<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 11/14/30 |  | 36285 |  | 36379 |
|  TruGreen LP 2020 Term Loan<br>8.43% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/02/27 |  | 165638 |  | 157564 |
|  |  |  |  |  | 490722 |
|  **Computers—0.0%** | **Computers—0.0%** | **Computers—0.0%** | **Computers—0.0%** | **Computers—0.0%** | **Computers—0.0%** |
|  McAfee LLC 2024 USD 1st Lien Term Loan B<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/01/29 |  | 11865 |  | 11547 |
|  Peraton Corp. Term Loan B<br>8.18% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/01/28 |  | 82710 |  | 73250 |
|  Twitter, Inc. 2025 Fixed Term Loan<br>9.50% | 10/26/29 |  | 62483 |  | 60842 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Computers (Continued)** |  |  |  |
|  Twitter, Inc. Term Loan<br>10.93% (1 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 10/26/29 | $87443 | $85537 |
|  |  |  | 231176 |
|  **Cosmetics/Personal Care—0.0%** |  |  |  |
|  Opal Bidco SAS USD Term Loan B<br>7.58% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 04/28/32 | 124324 | 124985 |
|  **Distribution & Wholesale—0.0%** |  |  |  |
|  BCPE Empire Holdings, Inc. 2025 Term Loan B<br>7.58% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/11/30 | 91981 | 91567 |
|  **Diversified Financial Services—0.1%** |  |  |  |
|  Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 06/24/30 | 533459 | 534446 |
|  Blackhawk Network Holdings, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 03/12/29 | 62403 | 62817 |
|  Deerfield Dakota Holding LLC 2020 USD Term Loan B<br>8.05% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 04/09/27 | 170722 | 166288 |
|  Jane Street Group LLC 2024 Term Loan B1<br>6.33% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 12/15/31 | 81092 | 81084 |
|  |  |  | 844635 |
|  **Electric—0.1%** |  |  |  |
|  Calpine Corp. 2024 Term Loan B10<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/31/31 | 132663 | 132798 |
|  Calpine Corp. 2024 Term Loan B5<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 02/15/32 | 101753 | 101849 |
|  Cornerstone Generation LLC Term Loan B<br>0.00%<sup>(10)</sup> | 10/28/31 | 26261 | 26425 |
|  Edgewater Generation LLC 2025 Repriced Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/01/30 | 30462 | 30618 |
|  EFS Cogen Holdings I LLC 2020 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 10/03/31 | 50604 | 50894 |
|  Kestrel Acquisition LLC 2024 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 11/06/31 | 30438 | 30485 |
|  Potomac Energy Center LLC 2025 Term Loan<br>0.00%<sup>(10)</sup> | 03/14/32 | 30546 | 30546 |
|  Potomac Energy Center LLC Term Loan<br>10.56% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/12/26 | 31185 | 31302 |
|  South Field LLC 2025 Term Loan B<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/29/31 | 30389 | 30554 |
|  South Field LLC 2025 Term Loan C<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/29/31 | 1943 | 1953 |
|  Vistra Operations Co. LLC 1st Lien Term Loan B3<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 12/20/30 | 219419 | 220235 |
|  |  |  | 687659 |
|  **Electrical Components & Equipment—0.0%** |  |  |  |
|  Pelican Products, Inc. 2021 Term Loan<br>8.81% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/29/28 | 79768 | 70146 |
|  **Electronics—0.0%** |  |  |  |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.58% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/24/31 | 114713 | 115143 |
|  **Engineering & Construction—0.0%** |  |  |  |
|  Artera Services LLC 2024 Term Loan<br>8.80% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 02/15/31 | 82437 | 69406 |
|  **Entertainment—0.1%** |  |  |  |
|  DK Crown Holdings, Inc. 2025 Term Loan B<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/04/32 | 37576 | 37497 |
|  Flutter Financing BV 2025 Term Loan B<br>6.30% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 06/04/32 | 135685 | 135855 |
|  GVC Holdings Gibraltar Ltd. 2024 USD Term Loan B3<br>7.02% (6 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/31/29 | 37427 | 37618 |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>9.07% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 08/13/31 | 99267 | 100383 |
|  UFC Holdings LLC 2024 Term Loan B<br>6.57% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 11/21/31 | 37259 | 37440 |
|  Voyager Parent LLC Term Loan B<br>0.00%<sup>(10)</sup> | 05/09/32 | 145823 | 144527 |
|  |  |  | 493320 |
|  **Food—0.0%** |  |  |  |
|  8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan<br>10.25% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/01/25 | 23827 | 23841 |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>8.44% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/09/28 | 63706 | 63005 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Food (Continued)** |  |  |  |
|  United Natural Foods, Inc. 2024 Term Loan<br>9.08% (1 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 05/01/31 | $99571 | $100567 |
|  |  |  | 187413 |
|  **Health Care-Products—0.0%** |  |  |  |
|  Antylia Scientific Term Loan<br>8.32% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 05/27/32 | 53942 | 52639 |
|  Bausch & Lomb Corp. Term Loan<br>8.67% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/10/27 | 47428 | 47403 |
|  NSM Top Holdings Corp. 2024 Term Loan<br>0.00%<sup>(10)</sup> | 05/14/29 | 31402 | 31624 |
|  |  |  | 131666 |
|  **Health Care-Services—0.1%** |  |  |  |
|  Heartland Dental LLC 2024 Term Loan<br>8.83% (1 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 04/28/28 | 37609 | 37703 |
|  IQVIA, Inc. 2025 Repriced Term Loan B<br>6.05% (3 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/02/31 | 175454 | 176414 |
|  ModivCare, Inc. 2024 Term Loan B<br>9.05% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 07/01/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263564 | 194379 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>11.71% (3 mo. USD Term SOFR + 7.500%)<sup>(2)</sup> | 01/09/26 | 81493 | 63402 |
|  Pediatric Associates Holding Co. LLC 2021 Term Loan B<br>7.79% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/29/28 | 33456 | 30006 |
|  Star Parent, Inc. Term Loan B<br>8.30% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/27/30 | 22757 | 22564 |
|  |  |  | 524468 |
|  **Home Furnishings—0.0%** |  |  |  |
|  AI Aqua Merger Sub, Inc. 2024 1st Lien Term Loan B<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 07/31/28 | 52928 | 52913 |
|  **Insurance—0.0%** |  |  |  |
|  AmWINS Group, Inc. 2025 Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 01/30/32 | 70105 | 70208 |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.69% (1 mo. USD Term SOFR + 5.250%)<sup>(2)</sup> | 01/20/29 | 46768 | 43513 |
|  |  |  | 113721 |
|  **Internet—0.1%** |  |  |  |
|  Arches Buyer, Inc. 2021 Term Loan B<br>7.68% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/06/27 | 122769 | 121411 |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 08/15/29 | 32551 | 27127 |
|  Delivery Hero SE 2024 USD Term Loan B<br>9.30% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 12/12/29 | 103826 | 104962 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/06/31 | 34326 | 34476 |
|  MH Sub I LLC 2023 Term Loan<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/03/28 | 52021 | 48900 |
|  MH Sub I LLC 2024 Term Loan B4<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/31/31 | 77619 | 67650 |
|  Red Ventures LLC 2024 Term Loan B<br>7.08% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 03/04/30 | 63577 | 54159 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.59% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 07/15/28 | 21517 | 21507 |
|  TripAdvisor, Inc. Term Loan<br>7.08% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 07/08/31 | 46661 | 46603 |
|  |  |  | 526795 |
|  **Leisure Time—0.0%** |  |  |  |
|  Sabre GLBL, Inc. 2022 1st Lien Term Loan B<br>9.43% (1 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 06/30/28 | 28785 | 28648 |
|  Sabre GLBL, Inc. 2024 Term Loan B1<br>10.43% (1 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/15/29 | 38434 | 38434 |
|  |  |  | 67082 |
|  **Lodging—0.1%** |  |  |  |
|  Hilton Domestic Operating Co., Inc. 2023 Term Loan B4<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 11/08/30 | 498366 | 500624 |
|  Station Casinos LLC 2024 Term Loan B<br>0.00%<sup>(10)</sup> | 03/14/31 | 28813 | 28897 |
|  |  |  | 529521 |
|  **Machinery-Construction & Mining—0.0%** |  |  |  |
|  WEC U.S. Holdings Ltd. 2024 Term Loan<br>6.57% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 01/27/31 | 44745 | 44806 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Media—0.0%** | **Media—0.0%** | **Media—0.0%** | **Media—0.0%** |
|  Charter Communications Operating LLC 2023 Term Loan B4<br>0.00%<sup>(3),(10)</sup> | 12/07/30 | $132167 | $132250 |
|  Charter Communications Operating LLC 2024 Term Loan B5<br>6.55% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/15/31 | 204165 | 204714 |
|  NEP Group, Inc. 2023 Term Loan B<br>1.50% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/19/26 | 32716 | 30232 |
|  Virgin Media Bristol LLC 2024 Fungible Term Loan<br>Y3 0.00%<sup>(10)</sup> | 03/31/31 | 31648 | 31286 |
|  |  |  | 398482 |
|  **Miscellaneous Manufacturers—0.0%** |  |  |  |
|  Cleanova Holdco 3 Ltd. 2025 Term Loan B<br>9.07% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 06/14/32 | 34060 | 33464 |
|  **Office/Business Equipment—0.0%** |  |  |  |
|  Xerox Holdings Corp. 2023 Term Loan B<br>8.22% (6 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/17/29 | 61759 | 59877 |
|  **Packaging & Containers—0.0%** |  |  |  |
|  Balcan Innovations, Inc. Term Loan B<br>9.03% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 10/18/31 | 44529 | 40967 |
|  **Pharmaceuticals—0.0%** |  |  |  |
|  Gainwell Acquisition Corp. Term Loan B<br>8.40% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/01/27 | 148628 | 143538 |
|  Grifols Worldwide Operations USA, Inc. 2019 USD Term Loan B<br>6.48% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 11/15/27 | 105912 | 105721 |
|  Jazz Financing Lux SARL 2024 1st Lien Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 05/05/28 | 62326 | 62669 |
|  Southern Veterinary Partners LLC 2024 1st Lien Term Loan<br>7.53% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/04/31 | 50295 | 50410 |
|  |  |  | 362338 |
|  **REIT—0.2%** |  |  |  |
|  Healthpeak Properties, Inc. 2024 Term Loan A3<br>0.00% <sup>(10)</sup> | 03/01/29 | 669298 | 652566 |
|  Healthpeak Properties, Inc. Term Loan A1<br>5.27% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 08/20/27 | 331629 | 327483 |
|  Healthpeak Properties, Inc. Term Loan A2<br>5.27% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 02/22/27 | 331629 | 327483 |
|  Invitation Homes Operating Partnership LP 2024 Term Loan<br>5.26% (1 mo. USD Term SOFR + 0.850%)<sup>(2)</sup> | 09/09/28 | 954196 | 939883 |
|  |  |  | 2247415 |
|  **Retail—0.0%** |  |  |  |
|  1011778 B.C. Unlimited Liability Co. 2024 Term Loan B6<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 09/20/30 | 20326 | 20264 |
|  Dave & Buster's, Inc. 2024 1st Lien Term Loan B<br>7.56% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 11/01/31 | 63671 | 60890 |
|  KFC Holding Co. 2021 Term Loan B<br>6.18% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/15/28 | 192242 | 193414 |
|  Peer Holding III BV 2025 Term Loan B5B 0.00% <sup>(10)</sup> | 07/01/31 | 57325 | 57704 |
|  |  |  | 332272 |
|  **Software—0.1%** |  |  |  |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>8.08% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/29/28 | 22594 | 21414 |
|  Castle U.S. Holding Corp. USD Term Loan B<br>8.34% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 01/29/27 | 36366 | 20024 |
|  Cloud Software Group, Inc. 2024 1st Lien Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 03/29/29 | 54611 | 54732 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/26/29 | 34967 | 34614 |
|  EagleView Technology Corp. 2018 Add On Term Loan B<br>0.00% <sup>(10)</sup> | 08/14/25 | 224758 | 219373 |
|  ECI Macola Max Holding LLC 2024 Term Loan<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 05/09/30 | 36076 | 36298 |
|  Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B<br>6.83% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 01/30/32 | 37721 | 37758 |
|  Modena Buyer LLC Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 07/01/31 | 20707 | 19996 |
|  Renaissance Holdings Corp. 2024 1st Lien Term Loan<br>8.28% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/05/30 | 97295 | 88629 |
|  |  |  | 532838 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Telecommunications—0.1%** | **Telecommunications—0.1%** | **Telecommunications—0.1%** | **Telecommunications—0.1%** |
|  Frontier Communications Corp. 2025 Term Loan B<br>6.79% (6 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 07/01/31 | $31428 | $31480 |
|  Zayo Group Holdings, Inc. USD Term Loan<br>7.44% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/09/27 | 431905 | 411949 |
|  |  |  | 443429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $11,314,267) |  |  | 11115276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $948,249,668) |  |  | 949802305 |
|  **CONVERTIBLE SECURITIES—0.2%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS—0.2%** |  |  |  |
|  **Beverages—0.1%** |  |  |  |
|  Davide Campari-Milano NV (Italy)<br>2.38%<sup>(6)</sup> | 01/17/29 | 300000 | 338389 |
|  **Commercial Services—0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(6),(11)</sup> | 07/30/26 | 1000000 | 1089966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $1,333,000) |  |  | 1428355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $1,333,000) |  |  | 1428355 |
| **Issues** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS**—**17.6%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.27%<sup>(12)</sup> |  | 15280179 | 15280179 |
|  TCW Central Cash Fund,4.33%<sup>(12),(13)</sup> |  | 140838194 | 140838194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $156,118,373) |  |  | 156118373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **PURCHASED OPTIONS<sup>(14)</sup> (0.0%)** (Cost: $281,333) |  |  | 253057 |
|  **Total Investments (125.2%)** (Cost: $1,105,982,374) |  |  | 1107602090 |
|  **Net unrealized appreciation (Depreciation) on Unfunded Commitments (0.0%)** |  |  | 133 |
|  **Liabilities In Excess Of Other Assets (-25.2%)** |  |  | (223241840) |
|  **Net Assets (100.0%)** |  |  | $884360383 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **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** |  |  |  |  |  |
| 3344 | 2-Year U.S. Treasury Note Futures | 09/30/25 | $692841598 | $695630377 | $2788779 |
|  |  |  | $**692841598** | $**695630377** | $**2788779** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 406 | 10-Year U.S. Treasury Note Futures | 09/19/25 | (45074496) | (46391844) | (1317348) |
| 1323 | 5-Year U.S. Treasury Note Futures | 09/30/25 | (142654403) | (144207000) | (1552597) |
| 33 | Euro Schatz Futures | 09/8/25 | (4160505) | (4154547) | 5958 |
| 2 | Euro-Bobl Future | 09/8/25 | (276932) | (276277) | 655 |
| 5 | Euro-Bund Future | 09/8/25 | (768336) | (763882) | 4454 |
| 135 | U.S. Ultra Long Bond Futures | 09/19/25 | (15541602) | (16081875) | (540273) |
|  |  |  | $**(208476274)** | $**(211875425)** | $**(3399151)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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>** |  |  |  |  |  |  |
|  Bank Of New York | EUR | 6842000 | 07/11/25 | $7684538 | $8036241 | $351703 |
|  Goldman Sachs & Co. | EUR | 801939 | 07/11/25 | 914249 | 941914 | 27665 |
|  |  |  |  | $**8598787** | $**8978155** | $**379368** |
|  **SELL<sup>(16)</sup>** |  |  |  |  |  |  |
|  Bank Of New York | EUR | 6842000 | 07/11/25 | $7436714 | $8036241 | $(599527) |
|  Goldman Sachs & Co. | EUR | 1149462 | 07/11/25 | 1308033 | 1350096 | (42063) |
|  JP Morgan Chase Bank | EUR | 6842000 | 07/11/25 | 7684287 | 8036241 | (351954) |
|  Goldman Sachs & Co. | GBP | 934000 | 07/11/25 | 1210305 | 1279957 | (69652) |
|  |  |  |  | $**17639339** | $**18702535** | $**(1063196)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** | **SWAPTIONS** |
| **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**<br>**Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **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** |
|  2-Year Interest Rate Swap | Goldman Sachs International | 4.11 | 12/31/25 | 100340000 | 100340000 | 63004 |  | 63004 |
|  2-Year Interest Rate Swap | Goldman Sachs International | 3.86 | 12/31/25 | 23185000 | 23185000 | 29007 | 69555 | (40548) |
|  2-Year Interest Rate Swap | Goldman Sachs International | 4.09 | 12/31/25 | 24540000 | 24540000 | 15710 | 73620 | (57910) |
|  5-Year Interest Rate Swap | JP Morgan Chase Bank | 4.20 | 12/31/25 | 42730000 | 42730000 | 92489 |  | 92489 |
|  5-Year Interest Rate Swap | JP Morgan Chase Bank | 4.01 | 12/31/25 | 9775000 | 9775000 | 32880 | 66226 | (33346) |
|  5-Year Interest Rate Swap | Bank of America | 4.24 | 12/31/25 | 10350000 | 10350000 | 19967 | 71932 | (51965) |
|  **Total Swaptions** |  |  |  |  |  | $**253057** | $**281333** | $**(28276)** |

---

---

| | |
|:---|:---|
| **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. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | |
|:---|:---|
| GBP | British Pound Sterling. |
| 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. |
| (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 June 30, 2025, the value of these securities amounted to $271,785,933 or 30.7% 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 June 30, 2025. |
| (3) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (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 June 30, 2025, the value of these securities amounted to $5,727,395 or 0.7% of net assets. |
| (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) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $17,733, at an interest rate of 10.08% and a maturity of December 30, 2029. The investment is accruing an unused commitment fee of 5.75% per annum. |
| (10) | This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
| (11) | Security is not accruing interest. |
| (12) | Rate disclosed is the 7-day net yield as of June 30, 2025. |
| (13) | Affiliated issuer. |
| (14) | See options table for description of purchased options. |
| (15) | Fund buys foreign currency, sells USD. |
| (16) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW MetWest Low Duration Bond Fund** |
| SCHEDULE OF INVESTMENTS (Continued) |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**March 31,**<br>**2025** | **Purchases at**<br>**Cost** | **Proceeds<br>from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**June 30,<br>2025** | **Value at June 30,**<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 | $17362135$| 387376059$| 263900000 | 140838194 | $140838194 | $890102 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $140838194 | $890102 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Low Duration Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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; Corporate Bonds\* | $— | $282283508 | $— | $282283508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 254819327 |  | 254819327 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 129348495 |  | 129348495 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 117312062 |  | 117312062 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 75886481 |  | 75886481 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 57762807 |  |  | 57762807 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 11237547 |  | 11237547 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans\* |  | 11115276 |  | 11115276 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 9382460 |  | 9382460 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 654342 |  | 654342 |
|  Total Fixed Income Securities | 57762807 | 892039498 |  | 949802305 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 1428355 |  | 1428355 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 156118373 |  |  | 156118373 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC | 253057 |  |  | 253057 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Commitments |  | 133 |  | 133 |
|  Total Investments | $214134237 | $893467986 | $— | $1107602223 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 379368 |  | 379368 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 2799846 |  |  | 2799846 |
|  Total | $216934083 | $893847354 | $— | $1110781437 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (3410218) |  |  | (3410218) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (1063196) |  | (1063196) |
|  Total | $(3410218) | $(1063196) | $— | $(4473414) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—102.1% of Net Assets** |  |  |  |
|  **ASSET-BACKED SECURITIES—10.1%** |  |  |  |
|  AGL CLO 12 Ltd. Series 2021-12A, Class B<br>6.13% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 07/20/34 | $125000 | $125250 |
|  AIMCO CLO Series 2017-AA, Class SUB<br>0.00%<sup>(1),(3)</sup> | 01/20/38 | 355000 | 217458 |
|  BCRED CLO LLC Series 2023-1A, Class A<br>6.57% (3 mo. USD Term SOFR + 2.300%)<sup>(1),(2)</sup> | 01/20/36 | 250000 | 250944 |
|  Bear Mountain Park CLO Ltd. Series 2022-1A, Class BR<br>6.01% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(2)</sup> | 07/15/37 | 200000 | 200895 |
|  Carvana Auto Receivables Trust Series 2022-P3, Class R<br>0.00%<sup>(1),(4)</sup> | 09/10/29 | 1750 | 148795 |
|  Cedar Funding II CLO Ltd. Series 2013-1A, Class BRR<br>5.88% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(2)</sup> | 04/20/34 | 75000 | 75093 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class A2<br>6.00%<sup>(1)</sup> | 05/20/55 | 65000 | 67187 |
|  Crystal River CDO Ltd. Series 2005-1A, Class A<br>4.95% (3 mo. USD Term SOFR + 0.622%)<sup>(1),(2)</sup> | 03/02/46 | 419900 | 33848 |
|  Diamond Infrastructure Funding LLC Series 2021-1A, Class C<br>3.48%<sup>(1)</sup> | 04/15/49 | 215000 | 203265 |
|  Elmwood CLO 17 Ltd. Series 2022-4A, Class SUB<br>0.00%<sup>(1),(3)</sup> | 07/17/37 | 250000 | 177014 |
|  Elmwood CLO 30 Ltd. Series 2024-6A, Class B<br>6.03% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(2)</sup> | 07/17/37 | 250000 | 250814 |
|  GLS Auto Receivables Issuer Trust Series 2023-2A, Class D<br>6.31%<sup>(1)</sup> | 03/15/29 | 220000 | 224669 |
|  GoldenTree Loan Management U.S. CLO 20 Ltd. Series 2024-20A, Class B<br>6.07% (3 mo. USD Term SOFR + 1.800%)<sup>(1),(2)</sup> | 07/20/37 | 90000 | 90397 |
|  Golub Capital Partners CLO 42M-R Ltd. Series 2019-42RA, Class A2R<br>7.03% (3 mo. USD Term SOFR + 2.750%)<sup>(1),(2)</sup> | 01/20/36 | 175000 | 176207 |
|  Golub Capital Partners CLO 69M Ltd. Series 2023-69A, Class B1<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(1),(2)</sup> | 11/09/36 | 250000 | 251584 |
|  HPS Loan Management Ltd. Series 2023-18A, Class D<br>10.02% (3 mo. USD Term SOFR + 5.750%)<sup>(1),(2)</sup> | 07/20/36 | 175000 | 175657 |
|  HPS Loan Management Ltd. Series 2024-19A, Class C2<br>7.16% (3 mo. USD Term SOFR + 2.900%)<sup>(1),(2)</sup> | 04/15/37 | 250000 | 251443 |
|  KGS-Alpha SBA COOF Trust Series 2015-1, Class A (I/O)<br>1.45%<sup>(1),(3)</sup> | 10/25/35 | 479850 | 13362 |
|  Neuberger Berman Loan Advisers CLO 56 Ltd. Series 2024- 56A, Class SUB<br>0.00%<sup>(1),(3)</sup> | 07/24/37 | 250000 | 195343 |
|  OCP CLO Ltd. Series 2015-9A, Class SUB<br>0.00%<sup>(1),(3)</sup> | 01/15/37 | 325800 | 139110 |
|  OCP CLO Ltd. Series 2023-28A, Class D<br>9.61% (3 mo. USD Term SOFR + 5.350%)<sup>(1),(2)</sup> | 07/16/36 | 250000 | 250012 |
|  Octagon Investment Partners 46 Ltd. Series 2020-2A, Class BR<br>6.17% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 07/15/36 | 125000 | 125136 |
|  Palmer Square CLO Ltd. Series 2024-3A, Class SUB<br>0.00%<sup>(1),(3)</sup> | 07/20/37 | 250000 | 221773 |
|  Park Avenue Institutional Advisers CLO Ltd. Series 2021- 1A, Class A2<br>6.28% (3 mo. USD Term SOFR + 2.012%)<sup>(1),(2)</sup> | 01/20/34 | 40000 | 40040 |
|  Rad CLO 22 Ltd. Series 2023-22A, Class D<br>9.27% (3 mo. USD Term SOFR + 5.000%)<sup>(1),(2)</sup> | 01/20/37 | 100000 | 101080 |
|  Rockford Tower CLO Ltd. Series 2017-3A, Class A<br>5.72% (3 mo. USD Term SOFR + 1.452%)<sup>(1),(2)</sup> | 10/20/30 | 31568 | 31601 |
|  Skyline Aviation, Inc. Class A<br>3.23% | 07/03/38 | 56132 | 52244 |
|  SLC Student Loan Trust Series 2004-1, Class B<br>4.91% (90 day USD SOFR Average + 0.552%)<sup>(2)</sup> | 08/15/31 | 83735 | 73849 |
|  SLM Student Loan Trust Series 2007-7, Class B<br>5.37% (90 day USD SOFR Average + 1.012%)<sup>(2)</sup> | 10/27/70 | 215000 | 215883 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 01/25/83 | 340000 | 348753 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 04/26/83 | 340000 | 341292 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 04/25/73 | 340000 | 360991 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/25/73 | 235000 | 239066 |
|  Stratus CLO Ltd. Series 2021-3A, Class SUB<br>0.00%<sup>(1),(3)</sup> | 12/29/29 | 250000 | 38 |
|  Structured Receivables Finance LLC Series 2010-A, Class B<br>7.61%<sup>(1)</sup> | 01/16/46 | 211951 | 214271 |
|  Structured Receivables Finance LLC Series 2010-B, Class B<br>7.97%<sup>(1)</sup> | 08/15/36 | 249209 | 253983 |
|  TIF Funding II LLC Series 2021-1A, Class A<br>1.65%<sup>(1)</sup> | 02/20/46 | 344852 | 310352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $6,848,279) |  |  | 6448699 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—16.8%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #SD5846<br>2.00% | 08/01/52 | $118152 | $93652 |
|  Federal Home Loan Mortgage Corp., Pool #RA6427<br>3.00% | 12/01/51 | 196818 | 170413 |
|  Federal Home Loan Mortgage Corp., Pool #SD8220<br>3.00% | 06/01/52 | 360850 | 312727 |
|  Federal Home Loan Mortgage Corp., Pool #SD3246<br>4.00% | 08/01/52 | 43089 | 40195 |
|  Federal Home Loan Mortgage Corp., Pool #SD8245<br>4.50% | 09/01/52 | 537859 | 516118 |
|  Federal Home Loan Mortgage Corp., Pool #SD8266<br>4.50% | 11/01/52 | 101461 | 97344 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3247, Class SI (I/O) (I/F)<br>0.15% (-30 day USD SOFR Average + 6.536%)<sup>(2)</sup> | 08/15/36 | 4704514 | 19003 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3289, Class SD (I/O) (I/F)<br>1.70% (-30 day USD SOFR Average + 6.006%)<sup>(2)</sup> | 03/15/37 | 390850 | 27403 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5546, Class AS (I/F)<br>4.04% (-30 day USD SOFR Average + 10.500%)<sup>(2)</sup> | 06/25/55 | 98219 | 93337 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5547, Class S (I/F)<br>4.12% (-30 day USD SOFR Average + 10.575%)<sup>(2)</sup> | 06/25/55 | 98475 | 93385 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5548, Class S (I/F)<br>4.49% (-30 day USD SOFR Average + 11.667%)<sup>(2)</sup> | 06/25/55 | 98540 | 94985 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C1 (I/O)<br>2.00% | 03/15/52 | 886121 | 118822 |
|  Federal National Mortgage Association, Pool #MA4563<br>2.50% | 03/01/52 | 595081 | 494726 |
|  Federal National Mortgage Association, Pool #MA4624<br>3.00% | 06/01/52 | 538384 | 466584 |
|  Federal National Mortgage Association, Pool #FS8864<br>4.00% | 02/01/53 | 281344 | 262320 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C40 (I/O)<br>2.00% | 06/25/51 | 183953 | 24261 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C41 (I/O)<br>2.00% | 03/25/51 | 698349 | 92158 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C42 (I/O)<br>2.00% | 11/25/50 | 446293 | 58049 |
|  Federal National Mortgage Association Interest STRIPS Series 434, Class C29 (I/O)<br>2.00% | 10/25/52 | 1059924 | 139899 |
|  Federal National Mortgage Association REMICS Series 2000-45, Class SA (I/O) (I/F)<br>3.53% (-30 day USD SOFR Average + 7.836%)<sup>(2)</sup> | 12/18/30 | 441 | 18 |
|  Federal National Mortgage Association REMICS Series 2001-42, Class SB (I/F) (I/O)<br>8.50% (-30 day USD SOFR Average + 126.168%)<sup>(2)</sup> | 09/25/31 | 128 | 132 |
|  Federal National Mortgage Association REMICS Series 2003-124, Class TS (I/F) (I/O)<br>9.80% (-30 day USD SOFR Average + 99.197%)<sup>(2)</sup> | 01/25/34 | 1584 | 1649 |
|  Federal National Mortgage Association REMICS Series 2006-125, Class SM (I/O) (I/F)<br>2.78% (-30 day USD SOFR Average + 7.086%)<sup>(2)</sup> | 01/25/37 | 327815 | 32676 |
|  Federal National Mortgage Association REMICS Series 2008-50, Class SA (I/O) (I/F)<br>1.63% (-30 day USD SOFR Average + 5.936%)<sup>(2)</sup> | 11/25/36 | 360033 | 29587 |
|  Federal National Mortgage Association REMICS Series 2010-43, Class KS (I/O) (I/F)<br>2.00% (-30 day USD SOFR Average + 6.306%)<sup>(2)</sup> | 05/25/40 | 366419 | 37498 |
|  Federal National Mortgage Association REMICS Series 2024-81, Class SE (I/O) (I/F)<br>1.04% (-30 day USD SOFR Average + 5.350%)<sup>(2)</sup> | 07/25/54 | 1333418 | 76199 |
|  Government National Mortgage Association, Pool #MB0023<br>4.00%<sup>(6)</sup> | 11/20/54 | 344578 | 320508 |
|  Government National Mortgage Association, Pool #MA8151<br>4.50% | 07/20/52 | 357209 | 344991 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 122468 | 117446 |
|  Government National Mortgage Association REMICS Series 2013-25, Class SA (I/O) (I/F)<br>1.77% (-1 mo. USD Term SOFR + 6.086%)<sup>(2)</sup> | 02/20/43 | 999076 | 103942 |
|  Government National Mortgage Association REMICS Series 2024-159, Class XS (I/O) (I/F)<br>1.20% (-30 day USD SOFR Average + 5.500%)<sup>(2)</sup> | 10/20/54 | 1104808 | 91458 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(7)</sup> | 05/01/52 | 350000 | 325408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(7)</sup> | 08/01/54 | 375000 | 358936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(7)</sup> | 04/01/55 | 850000 | 835068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(7)</sup> | 03/01/55 | 900000 | 901242 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(7)</sup> | 11/01/51 | 425000 | 336601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(7)</sup> | 11/01/51 | 400000 | 331885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(7)</sup> | 01/01/52 | 400000 | 346131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(7)</sup> | 01/01/52 | 600000 | 540394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(7)</sup> | 03/01/52 | 575000 | 534816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(7)</sup> | 07/01/54 | 1150000 | 1100100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(7)</sup> | 03/01/55 | 825000 | 808778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $11,003,262) |  |  | 10790844 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—13.9%** |  |  |  |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class A1A2<br>3.90%<sup>(1)</sup> | 08/10/35 | 137000 | 131500 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **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)** |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class B<br>4.23%<sup>(1),(3)</sup> | 08/10/35 | $150000 | $142470 |
|  245 Park Avenue Trust Series 2017-245P, Class E<br>3.78%<sup>(1),(3)</sup> | 06/05/37 | 170000 | 159165 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class E<br>6.73% (1 mo. USD Term SOFR + 2.419%)<sup>(1),(2)</sup> | 09/15/34 | 150000 | 144600 |
|  Banc of America Commercial Mortgage Trust Series 2015- UBS7, Class XE (I/O)<br>1.25%<sup>(1),(3)</sup> | 09/15/48 | 1500000 | 2888 |
|  Bank Series 2020-BN25, Class AS<br>2.84% | 01/15/63 | 258000 | 234079 |
|  BX Commercial Mortgage Trust Series 2021-VOLT, Class F<br>6.83% (1 mo. USD Term SOFR + 2.514%)<sup>(1),(2)</sup> | 09/15/36 | 96883 | 96508 |
|  BX Trust Series 2021-LBA, Class DV<br>6.03% (1 mo. USD Term SOFR + 1.714%)<sup>(1),(2)</sup> | 02/15/36 | 229335 | 228069 |
|  BX Trust Series 2021-VIEW, Class C<br>6.78% (1 mo. USD Term SOFR + 2.464%)<sup>(1),(2)</sup> | 06/15/36 | 78000 | 77696 |
|  BX Trust Series 2025-VLT6, Class E<br>7.50% (1 mo. USD Term SOFR + 3.191%)<sup>(1),(2)</sup> | 03/15/42 | 129000 | 129005 |
|  BXHPP Trust Series 2021-FILM, Class C<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 08/15/36 | 120000 | 108121 |
|  BXHPP Trust Series 2021-FILM, Class D<br>5.93% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 08/15/36 | 100000 | 89253 |
|  Citigroup Commercial Mortgage Trust Series 2016-P4, Class XA (I/O)<br>2.04%<sup>(3)</sup> | 07/10/49 | 1928496 | 20219 |
|  Citigroup Commercial Mortgage Trust Series 2018-C5, Class AS<br>4.41%<sup>(3)</sup> | 06/10/51 | 222000 | 217694 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class G<br>3.62%<sup>(1),(3)</sup> | 12/10/41 | 200000 | 165952 |
|  COBALT CMBS Commercial Mortgage Trust Series 2007- C2, Class X (I/O)<br>0.65%<sup>(1),(3)</sup> | 04/15/47 | 610704 | 2252 |
|  COMM Mortgage Trust Series 2013-CR12, Class XA (I/O)<br>0.67%<sup>(3)</sup> | 10/10/46 | 127859 | 3 |
|  CoreVest American Finance Ltd. Series 2020-1, Class A2<br>2.30%<sup>(1)</sup> | 03/15/50 | 71691 | 67601 |
|  CSAIL Commercial Mortgage Trust Series 2015-C1, Class XA (I/O)<br>0.17%<sup>(3)</sup> | 04/15/50 | 106019 |  |
|  CSMC Trust Series 2014-USA, Class X1 (I/O)<br>0.69%<sup>(1),(3)</sup> | 09/15/37 | 9783817 | 11249 |
|  DROP Mortgage Trust Series 2021-FILE, Class D<br>7.18% (1 mo. USD Term SOFR + 2.864%)<sup>(1),(2)</sup> | 10/15/43 | 150000 | 128866 |
|  FirstKey Homes Trust Series 2020-SFR1, Class F2<br>4.28%<sup>(1)</sup> | 08/17/37 | 162000 | 161182 |
|  FirstKey Homes Trust Series 2020-SFR1, Class G<br>4.78%<sup>(1)</sup> | 08/17/37 | 265000 | 263787 |
|  FirstKey Homes Trust Series 2021-SFR2, Class C<br>1.71%<sup>(1)</sup> | 09/17/38 | 250000 | 239500 |
|  FirstKey Homes Trust Series 2022-SFR1, Class D<br>5.20%<sup>(1)</sup> | 05/19/39 | 350000 | 350420 |
|  Frost CMBS DAC Series 2021-1X, Class EUA<br>3.25% (3 mo. EUR EURIBOR + 1.150%)<sup>(2),(8)</sup> | 11/20/33 | 95761 | 112267 |
|  FRTKL Group, Inc. Series 2021-SFR1, Class G<br>4.11%<sup>(1)</sup> | 09/17/38 | 300000 | 281251 |
|  Government National Mortgage Association Series 2009-114 (I/O)<br>0.00%<sup>(3)</sup> | 10/16/49 | 3900669 | 39 |
|  GS Mortgage Securities Corp. Trust Series 2021-STAR, Class B<br>5.83% (1 mo. USD Term SOFR + 1.514%)<sup>(1),(2)</sup> | 12/15/36 | 150000 | 148980 |
|  GS Mortgage Securities Trust Series 2014-GC24, Class XA (I/O)<br>0.40%<sup>(3)</sup> | 09/10/47 | 221501 | 3 |
|  GS Mortgage Securities Trust Series 2015-GC32, Class XA (I/O)<br>0.72%<sup>(3)</sup> | 07/10/48 | 855115 | 13 |
|  Hilton USA Trust Series 2016-HHV, Class F<br>4.33%<sup>(1),(3)</sup> | 11/05/38 | 170000 | 163860 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014- C22, Class XA (I/O)<br>0.55%<sup>(3)</sup> | 09/15/47 | 530665 | 8 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014- C25, Class XA (I/O)<br>0.61%<sup>(3)</sup> | 11/15/47 | 914989 | 11 |
|  JPMBB Commercial Mortgage Securities Trust Series 2014- C26, Class XA (I/O)<br>0.51%<sup>(3)</sup> | 01/15/48 | 21105 |  |
|  JPMDB Commercial Mortgage Securities Trust Series 2018- C8, Class XEF (I/O)<br>1.91%<sup>(1),(3)</sup> | 06/15/51 | 1157000 | 50425 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.95%<sup>(1),(3)</sup> | 09/06/38 | 225000 | 219449 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-ICON, Class C<br>4.54%<sup>(1)</sup> | 01/05/34 | 72000 | 70810 |
|  KRE Commercial Mortgage Trust Series 2025-AIP4, Class E<br>7.31% (1 mo. USD Term SOFR + 3.000%)<sup>(1),(2)</sup> | 03/15/42 | 130000 | 129687 |
|  Ladder Capital Commercial Mortgage Trust Series 2013- GCP, Class XA (I/O)<br>1.30%<sup>(1),(3)</sup> | 02/15/36 | 1335862 | 34540 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>3.04%<sup>(1),(3)</sup> | 02/12/40 | 286000 | 223930 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C9, Class XB (I/O)<br>0.15%<sup>(1),(3)</sup> | 05/15/46 | 7416601 | 1309 |
|  Natixis Commercial Mortgage Securities Trust Series 2018- ALXA, Class E<br>4.46%<sup>(1),(3)</sup> | 01/15/43 | 180000 | 150946 |
|  NXPT Commercial Mortgage Trust Series 2024-STOR, Class E<br>6.93%<sup>(1),(3)</sup> | 11/05/41 | 144000 | 145580 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **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)** |
|  NYC Commercial Mortgage Trust Series 2025-3BP, Class D<br>6.75% (1 mo. USD Term SOFR + 2.441%)<sup>(1),(2)</sup> | 02/15/42 | $135000 | $132823 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class C<br>6.42% (1 mo. USD Term SOFR + 2.109%)<sup>(1),(2)</sup> | 11/15/38 | 100000 | 99546 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class D<br>6.97% (1 mo. USD Term SOFR + 2.659%)<sup>(1),(2)</sup> | 11/15/38 | 140000 | 137560 |
|  Progress Residential Trust Series 2021-SFR10, Class H<br>5.23%<sup>(1)</sup> | 12/17/40 | 238497 | 227906 |
|  Progress Residential Trust Series 2021-SFR3, Class E1<br>2.54%<sup>(1)</sup> | 05/17/26 | 225000 | 221268 |
|  Progress Residential Trust Series 2021-SFR3, Class F<br>3.44%<sup>(1)</sup> | 05/17/26 | 200000 | 197241 |
|  Progress Residential Trust Series 2021-SFR4, Class F<br>3.41%<sup>(1)</sup> | 05/17/38 | 320000 | 313739 |
|  Progress Residential Trust Series 2021-SFR6, Class G<br>4.00%<sup>(1)</sup> | 07/17/38 | 250000 | 246007 |
|  Progress Residential Trust Series 2021-SFR7, Class F<br>3.83%<sup>(1)</sup> | 08/17/40 | 220000 | 205139 |
|  RIDE Series 2025-SHRE, Class D<br>6.97%<sup>(1),(3)</sup> | 02/14/47 | 100000 | 102037 |
|  ROCK Trust Series 2024-CNTR, Class D<br>7.11%<sup>(1)</sup> | 11/13/41 | 213000 | 222898 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015- 5AVE, Class A1<br>3.87%<sup>(1),(3)</sup> | 01/05/43 | 220000 | 187319 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015- 5AVE, Class D<br>4.53%<sup>(1),(3)</sup> | 01/05/43 | 200000 | 158314 |
|  SFO Commercial Mortgage Trust Series 2021-555, Class B<br>5.93% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 05/15/38 | 150000 | 149071 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class E<br>7.01% (1 mo. USD Term SOFR + 2.700%)<sup>(1),(2)</sup> | 01/15/39 | 100000 | 98444 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class F<br>7.66% (1 mo. USD Term SOFR + 3.350%)<sup>(1),(2)</sup> | 01/15/39 | 150000 | 146217 |
|  SREIT Trust Series 2021-PALM, Class C<br>5.39% (1 mo. USD Term SOFR + 1.074%)<sup>(1),(2)</sup> | 10/15/34 | 230000 | 229165 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class E<br>7.65% (1 mo. USD Term SOFR + 3.340%)<sup>(1),(2)</sup> | 02/15/42 | 200000 | 198674 |
|  Tricon American Homes Series 2020-SFR1, Class D<br>2.55%<sup>(1)</sup> | 07/17/38 | 133000 | 129307 |
|  Tricon American Homes Series 2020-SFR1, Class F<br>4.88%<sup>(1)</sup> | 07/17/38 | 244000 | 242348 |
|  Tricon Residential Trust Series 2021-SFR1, Class F<br>3.69%<sup>(1)</sup> | 07/17/38 | 230000 | 224800 |
|  U.K. Logistics DAC Series 2025-1A, Class E<br>9.90% (1 day GBP SONIA + 5.500%)<sup>(1),(2)</sup> | 05/17/35 | 100000 | 137748 |
|  Wells Fargo Commercial Mortgage Trust Series 2015-NXS2, Class XA (I/O)<br>0.27%<sup>(3)</sup> | 07/15/58 | 520035 | 179 |
|  Wells Fargo Commercial Mortgage Trust Series 2016-NXS6, Class XA (I/O)<br>1.68%<sup>(3)</sup> | 11/15/49 | 3131471 | 26723 |
|  WFRBS Commercial Mortgage Trust Series 2013-C14, Class XA (I/O)<br>0.46%<sup>(3),(5)</sup> | 06/15/46 | 46949 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $9,618,279) |  |  | 8939660 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.5%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily PC REMICS Trust Series 2019-P002, Class X (I/O)<br>1.14%<sup>(3)</sup> | 07/25/33 | 535000 | 29444 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K047, Class X3 (I/O)<br>2.77%<sup>(3)</sup> | 06/25/43 | 875009 | 60 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC04, Class X1 (I/O)<br>1.40%<sup>(3)</sup> | 12/25/26 | 1999746 | 23002 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC05, Class X1 (I/O)<br>1.34%<sup>(3)</sup> | 06/25/27 | 1705285 | 24152 |
|  Federal National Mortgage Association-ACES Series 2016- M11, Class X2 (ACES) (I/O)<br>3.09%<sup>(3)</sup> | 07/25/39 | 221321 | 4141 |
|  FREMF Mortgage Trust Series 2017-K66, Class X2A (I/O)<br>0.10%<sup>(1)</sup> | 06/25/27 | 40520402 | 56919 |
|  FREMF Mortgage Trust Series 2017-K726, Class X2B (I/O)<br>0.10%<sup>(1)</sup> | 07/25/49 | 4288030 | 2164 |
|  Government National Mortgage Association Series 2010-148 (I/O)<br>0.30%<sup>(3)</sup> | 09/16/50 | 1285205 | 13469 |
|  Government National Mortgage Association Series 2012-123 (I/O)<br>0.61%<sup>(3)</sup> | 12/16/51 | 1876926 | 30890 |
|  Government National Mortgage Association Series 2012-125 (I/O)<br>0.17%<sup>(3)</sup> | 02/16/53 | 6036994 | 38312 |
|  Government National Mortgage Association Series 2012-27 (I/O)<br>0.21%<sup>(3)</sup> | 04/16/53 | 2512095 | 5481 |
|  Government National Mortgage Association Series 2013-156 (I/O)<br>0.22%<sup>(3)</sup> | 06/16/55 | 3311315 | 12789 |
|  Government National Mortgage Association Series 2013-163 (I/O)<br>1.01%<sup>(3)</sup> | 02/16/46 | 856097 | 11351 |
|  Government National Mortgage Association Series 2013-63 (I/O)<br>0.69%<sup>(3)</sup> | 09/16/51 | 2651436 | 59697 |
|  Government National Mortgage Association Series 2013-74 (I/O)<br>0.48%<sup>(3)</sup> | 12/16/53 | 461507 | 3375 |
|  Government National Mortgage Association Series 2014-103 (I/O)<br>0.19%<sup>(3)</sup> | 05/16/55 | 817032 | 4046 |
|  Government National Mortgage Association Series 2014-125 (I/O)<br>0.89%<sup>(3)</sup> | 11/16/54 | 470528 | 13099 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |
|  Government National Mortgage Association Series 2015-47 (I/O)<br>0.36%<sup>(3)</sup> | 10/16/56 | $496815 | $5791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $1,120,016) |  |  | 338182 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—27.1%** |  |  |  |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-ASP1, Class A2D<br>5.19% (1 mo. USD Term SOFR + 0.874%)<sup>(2)</sup> | 03/25/37 | 352950 | 142593 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007-HE1, Class A1<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 01/25/37 | 538653 | 294736 |
|  Ajax Mortgage Loan Trust Series 2021-C, Class A<br>5.12%<sup>(1)</sup> | 01/25/61 | 183964 | 183594 |
|  American Home Mortgage Assets Trust Series 2007-1, Class A1<br>5.10% (1 yr. MTA + 0.700%)<sup>(2)</sup> | 02/25/47 | 700077 | 243904 |
|  Angel Oak Mortgage Trust Series 2024-11, Class M1A<br>6.58%<sup>(1),(3)</sup> | 08/25/69 | 200000 | 202863 |
|  Banc of America Funding Corp. Series 2015-R3, Class 1A2<br>3.70%<sup>(1),(3)</sup> | 03/27/36 | 343431 | 292370 |
|  Banc of America Funding Trust Series 2006-7, Class T2A<br>5.69%<sup>(3)</sup> | 10/25/36 | 187820 | 171309 |
|  Banc of America Funding Trust Series 2014-R5, Class 1A2<br>4.06% (6 mo. USD Term SOFR + 1.928%)<sup>(1),(2)</sup> | 09/26/45 | 219181 | 157400 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.52% | 02/25/37 | 200633 | 117899 |
|  C-BASS Mortgage Loan Trust Series 2007-CB3, Class A3<br>3.28% | 03/25/37 | 763949 | 269183 |
|  Carrington Mortgage Loan Trust Series 2006-NC4, Class A4<br>4.67% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 10/25/36 | 175000 | 149118 |
|  Carrington Mortgage Loan Trust Series 2007-RFC1, Class A3<br>4.57% (1 mo. USD Term SOFR + 0.254%)<sup>(2)</sup> | 12/25/36 | 67953 | 66479 |
|  CIM Trust Series 2020-R6, Class A1<br>2.25%<sup>(1),(3)</sup> | 12/25/60 | 258115 | 231846 |
|  CIM Trust Series 2021-R1, Class A2<br>2.40%<sup>(1),(3)</sup> | 08/25/56 | 262225 | 238902 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(3)</sup> | 06/25/57 | 140145 | 129712 |
|  CIM Trust Series 2021-R5, Class A1B<br>2.00%<sup>(1),(3)</sup> | 08/25/61 | 115000 | 76726 |
|  CIM Trust Series 2023-R3, Class A1A<br>4.50%<sup>(1),(3)</sup> | 01/25/63 | 199634 | 189986 |
|  CIM Trust Series 2025-R1, Class A1<br>5.00%<sup>(1)</sup> | 02/25/99 | 195609 | 193535 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-WF2, Class AF6A<br>6.13% | 08/25/35 | 268521 | 248546 |
|  COLT Mortgage Loan Trust Series 2021-2, Class A1<br>0.92%<sup>(1),(3)</sup> | 08/25/66 | 83630 | 70421 |
|  COLT Mortgage Loan Trust Series 2021-HX1, Class A1<br>1.11%<sup>(1),(3)</sup> | 10/25/66 | 278562 | 239592 |
|  Conseco Finance Corp. Series 1999-5, Class A5<br>7.86%<sup>(3)</sup> | 03/01/30 | 68548 | 20296 |
|  Countrywide Alternative Loan Trust Series 2005-10CB, Class 1A8<br>5.50% | 05/25/35 | 267722 | 220235 |
|  Countrywide Alternative Loan Trust Series 2005-59, Class 1A1<br>5.10% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 11/20/35 | 271098 | 266558 |
|  Countrywide Alternative Loan Trust Series 2007-15CB, Class A7<br>6.00% | 07/25/37 | 438921 | 260184 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A4<br>6.49% | 09/25/28 | 10742 | 10701 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A5<br>6.96%<sup>(3)</sup> | 09/25/28 | 25891 | 25867 |
|  CSMC Mortgage-Backed Trust Series 2007-5, Class 1A9<br>7.00%<sup>(3)</sup> | 08/25/37 | 426160 | 240848 |
|  CSMC Trust Series 2015-12R, Class 2A2<br>3.24%<sup>(1),(3)</sup> | 11/30/37 | 75078 | 68639 |
|  CSMC Trust Series 2021-RPL4, Class A1<br>4.12%<sup>(1),(3)</sup> | 12/27/60 | 175063 | 174489 |
|  CSMC Trust Series 2021-RPL7, Class A1<br>4.20%<sup>(1),(3)</sup> | 07/27/61 | 279784 | 277511 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-AR3, Class 2A5<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 06/25/37 | 242903 | 213756 |
|  Ellington Financial Mortgage Trust Series 2021-3, Class A1<br>1.24%<sup>(1),(3)</sup> | 09/25/66 | 70066 | 58272 |
|  Federal Home Loan Mortgage Corp. STACR REMICS Trust Series 2021-HQA3, Class B2<br>10.56% (30 day USD SOFR Average + 6.250%)<sup>(1),(2)</sup> | 09/25/41 | 200000 | 208685 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R04, Class 2B1<br>9.67% (30 day USD SOFR Average + 5.364%)<sup>(1),(2)</sup> | 06/25/39 | 147487 | 152856 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R06, Class 2B1<br>8.17% (30 day USD SOFR Average + 3.864%)<sup>(1),(2)</sup> | 09/25/39 | 56817 | 58230 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2022-R01, Class 1B2<br>10.31% (30 day USD SOFR Average + 6.000%)<sup>(1),(2)</sup> | 12/25/41 | 200000 | 210124 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2B<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 12/25/37 | 239446 | 219144 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2D<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 01/25/38 | $671745 | $365815 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2B<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 03/25/37 | 488578 | 230848 |
|  Fremont Home Loan Trust Series 2005-A, Class M4<br>5.45% (1 mo. USD Term SOFR + 1.134%)<sup>(2)</sup> | 01/25/35 | 286455 | 260912 |
|  GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1<br>3.94%<sup>(3)</sup> | 04/19/36 | 157728 | 130979 |
|  GreenPoint MTA Trust Series 2005-AR1, Class A2<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 06/25/45 | 52071 | 47550 |
|  GSAA Home Equity Trust Series 2006-1, Class A3<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/36 | 633033 | 263198 |
|  GSAA Home Equity Trust Series 2006-10, Class AF3<br>5.98%<sup>(3)</sup> | 06/25/36 | 555853 | 124356 |
|  GSAA Home Equity Trust Series 2006-6, Class AF3<br>5.73%<sup>(3)</sup> | 03/25/36 | 505404 | 143424 |
|  GSAA Home Equity Trust Series 2007-4, Class A2<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 03/25/37 | 981307 | 268343 |
|  GSAA Home Equity Trust Series 2007-5, Class 1AF<br>5.91% | 05/25/37 | 655299 | 220618 |
|  GSAA Home Equity Trust Series 2007-5, Class 2A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 04/25/47 | 1739354 | 357305 |
|  GSAA Trust Series 2006-7, Class AF3<br>6.72% | 03/25/46 | 644722 | 231699 |
|  GSAMP Trust Series 2007-NC1, Class A2C<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 12/25/46 | 230985 | 114161 |
|  HarborView Mortgage Loan Trust Series 2005-3, Class 1A<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 06/19/35 | 279952 | 148478 |
|  HarborView Mortgage Loan Trust Series 2006-4, Class 1A1A<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 05/19/46 | 579849 | 290721 |
|  HarborView Mortgage Loan Trust Series 2006-5, Class 1A1<br>5.31% (1 yr. MTA + 0.910%)<sup>(2)</sup> | 07/19/47 | 307921 | 99159 |
|  HSI Asset Loan Obligation Trust Series 2007-2, Class 2A12<br>6.00% | 09/25/37 | 183209 | 134962 |
|  HSI Asset Securitization Corp. Trust Series 2007-OPT1, Class 1A<br>4.57% (1 mo. USD Term SOFR + 0.254%)<sup>(2)</sup> | 12/25/36 | 179128 | 154911 |
|  Impac CMB Trust Series 2004-4, Class 1A2<br>5.05% (1 mo. USD Term SOFR + 0.734%)<sup>(2)</sup> | 09/25/34 | 9958 | 9947 |
|  Impac CMB Trust Series 2004-6, Class 1A2<br>5.21% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 10/25/34 | 24223 | 24207 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR25, Class 2A1<br>3.84%<sup>(3)</sup> | 12/25/35 | 185162 | 156669 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-AR5, Class 2A1<br>3.34%<sup>(3)</sup> | 05/25/37 | 174782 | 140339 |
|  IndyMac Manufactured Housing Contract Pass-Through Certificates Series 1997-1, Class A3<br>6.61% | 02/25/28 | 21841 | 21897 |
|  IndyMac Manufactured Housing Contract Pass-Through Certificates Series 1997-1, Class A4<br>6.75% | 02/25/28 | 9194 | 9220 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF6<br>4.26% | 03/25/47 | 539449 | 351495 |
|  Long Beach Mortgage Loan Trust Series 2006-9, Class 2A3<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 10/25/36 | 380425 | 118270 |
|  Luminent Mortgage Trust Series 2006-5, Class A1A<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 07/25/36 | 237285 | 145977 |
|  MASTR Adjustable Rate Mortgages Trust Series 2007-1, Class I1A<br>4.82% (1 mo. USD Term SOFR + 0.504%)<sup>(2)</sup> | 01/25/47 | 415001 | 167229 |
|  MASTR Adjustable Rate Mortgages Trust Series 2007-2, Class A1<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 03/25/47 | 190833 | 173139 |
|  MASTR Alternative Loan Trust Series 2006-2, Class 2A1<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 03/25/36 | 2395220 | 224558 |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A3<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 05/25/37 | 86960 | 84392 |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A4<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 05/25/37 | 300000 | 254315 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2B<br>4.77% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 05/25/37 | 184897 | 133502 |
|  Merrill Lynch Mortgage Investors Trust Series 2006-RM2, Class A1A<br>4.80% (1 mo. USD Term SOFR + 0.484%)<sup>(2)</sup> | 05/25/37 | 418867 | 117965 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  Mid-State Capital Corp. Trust Series 2005-1, Class A<br>5.75% | 01/15/40 | $22098 | $22072 |
|  Mid-State Trust XI Series 11, Class B<br>8.22% | 07/15/38 | 1541 | 1556 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A3<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 06/25/36 | 558935 | 277942 |
|  Morgan Stanley Home Equity Loan Trust Series 2007-1, Class A3<br>4.57% (1 mo. USD Term SOFR + 0.254%)<sup>(2)</sup> | 12/25/36 | 556538 | 266382 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-7AR, Class 2A4<br>5.30%<sup>(3)</sup> | 09/25/34 | 52133 | 50973 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-15XS, Class A4A<br>6.70% | 11/25/36 | 412407 | 90034 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-7, Class 5A2<br>5.96%<sup>(3)</sup> | 06/25/36 | 853979 | 226782 |
|  Morgan Stanley Mortgage Loan Trust Series 2007-11AR, Class 2A3<br>2.85%<sup>(3)</sup> | 06/25/37 | 282814 | 157849 |
|  New Residential Mortgage Loan Trust Series 2022-NQM2, Class A2<br>3.70%<sup>(1),(3)</sup> | 03/27/62 | 250000 | 200009 |
|  Nomura Resecuritization Trust Series 2015-4R, Class 2A2<br>1.83% (1 mo. USD Term SOFR + 0.420%)<sup>(1),(2)</sup> | 10/26/36 | 285007 | 253969 |
|  OBX Trust Series 2022-NQM1, Class A1<br>2.31%<sup>(1),(3)</sup> | 11/25/61 | 202479 | 181529 |
|  Option One Mortgage Loan Trust Series 2006-3, Class 1A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 02/25/37 | 166059 | 104904 |
|  PRET LLC Series 2022-RN2, Class A2<br>6.50%<sup>(1)</sup> | 06/25/52 | 197000 | 197214 |
|  PRET LLC Series 2025-NPL6, Class A1<br>5.74%<sup>(1)</sup> | 06/25/55 | 190000 | 190488 |
|  PRPM LLC Series 2020-4, Class A1<br>6.61%<sup>(1)</sup> | 10/25/25 | 54935 | 54941 |
|  PRPM LLC Series 2021-4, Class A1<br>5.87%<sup>(1)</sup> | 04/25/26 | 138489 | 138723 |
|  RALI Trust Series 2005-QA3, Class NB1<br>3.65%<sup>(3)</sup> | 03/25/35 | 105149 | 57636 |
|  RALI Trust Series 2006-QS5, Class A6<br>6.00% | 05/25/36 | 220593 | 185001 |
|  RALI Trust Series 2007-QS1, Class 1A5<br>4.98% (1 mo. USD Term SOFR + 0.664%)<sup>(2)</sup> | 01/25/37 | 260889 | 193537 |
|  Residential Asset Securities Corporation Trust Series 2005- KS11, Class M3<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 12/25/35 | 151023 | 148403 |
|  Residential Asset Securitization Trust Series 2005-A5, Class A8<br>5.50% | 05/25/35 | 340274 | 230631 |
|  SG Mortgage Securities Trust Series 2006-OPT2, Class A3D<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 10/25/36 | 250000 | 189819 |
|  Starwood Mortgage Residential Trust Series 2021-6, Class A1<br>1.92%<sup>(1),(3)</sup> | 11/25/66 | 164506 | 145975 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>5.07%<sup>(3)</sup> | 09/25/34 | 45934 | 44971 |
|  Structured Asset Mortgage Investments II Trust Series 2005- AR8, Class A1B<br>4.60% (1 mo. USD Term SOFR + 0.284%)<sup>(2)</sup> | 02/25/36 | 262052 | 219572 |
|  Structured Asset Mortgage Investments II Trust Series 2006- AR7, Class A1A<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 08/25/36 | 325834 | 266055 |
|  Terwin Mortgage Trust Series 2004-7HE, Class A1<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 07/25/34 | 44162 | 42832 |
|  Towd Point Mortgage Trust Series 2017-4, Class A2<br>3.00%<sup>(1),(3)</sup> | 06/25/57 | 350000 | 330503 |
|  Towd Point Mortgage Trust Series 2019-HY2, Class M2<br>6.33% (1 mo. USD Term SOFR + 2.014%)<sup>(1),(2)</sup> | 05/25/58 | 210000 | 211442 |
|  TRK Trust Series 2021-INV2, Class A1<br>1.97%<sup>(1),(3)</sup> | 11/25/56 | 193035 | 171331 |
|  VOLT XCIV LLC Series 2021-NPL3, Class A1<br>6.24%<sup>(1)</sup> | 02/27/51 | 7684 | 7686 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007- HE1, Class 2A4<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 01/25/37 | 492378 | 223853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $21,033,777) |  |  | 17402283 |
|  **CORPORATE BONDS—24.7%** |  |  |  |
|  **Aerospace & Defense—0.6%** |  |  |  |
|  General Electric Co.<br>5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 325000 | 304977 |
|  TransDigm, Inc.<br>6.00%<sup>(1)</sup> | 01/15/33 | 100000 | 100665 |
|  |  |  | 405642 |
|  **Agriculture—0.4%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 55000 | 55768 |
|  BAT Capital Corp. (United Kingdom)<br>2.73% | 03/25/31 | 25000 | 22533 |
|  Imperial Brands Finance PLC (United Kingdom)  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/30/28 | 90000 | 89999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 07/27/27 | 70000 | 72246 |
|  |  |  | 240546 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Airlines—0.2%** |  |  |  |
|  JetBlue Pass-Through Trust Series 2020-1, Class A<br>4.00% | 05/15/34 | $70553 | $65861 |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | 85978 | 87261 |
|  |  |  | 153122 |
|  **Auto Manufacturers—0.2%** |  |  |  |
|  Volkswagen Financial Services AG (Germany)<br>3.88%<sup>(8)</sup> | 11/19/31 | 100000 | 117943 |
|  Volkswagen Group of America Finance LLC (Germany)<br>5.80%<sup>(1)</sup> | 03/27/35 | 10000 | 10075 |
|  |  |  | 128018 |
|  **Banks—4.7%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (1 day USD SOFR + 1.370%)<sup>(2)</sup> | 10/24/31 | 585000 | 510453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42% (3 mo. USD Term SOFR + 1.302%)<sup>(2)</sup> | 12/20/28 | 35000 | 34215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82% (3 mo. USD Term SOFR + 1.837%)<sup>(2)</sup> | 01/20/28 | 110000 | 109078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% (5 yr. CMT + 2.760%)<sup>(2),(9)</sup> | 01/27/27 | 15000 | 14755 |
|  Citibank NA<br>4.91% | 05/29/30 | 20000 | 20389 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (1 day USD SOFR + 1.177%)<sup>(2)</sup> | 11/03/32 | 140000 | 122538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.52% (3 mo. USD Term SOFR + 1.413%)<sup>(2)</sup> | 10/27/28 | 5000 | 4899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33% (1 day USD SOFR + 1.465%)<sup>(2)</sup> | 03/27/36 | 25000 | 25211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45% (1 day USD SOFR + 1.447%)<sup>(2)</sup> | 06/11/35 | 10000 | 10228 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.09% (1 day USD SOFR + 0.789%)<sup>(2)</sup> | 12/09/26 | 625000 | 615381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 235000 | 226954 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 10000 | 9687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (1 day USD SOFR + 1.264%)<sup>(2)</sup> | 10/21/32 | 20000 | 17666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 01/28/36 | 15000 | 15392 |
|  HSBC Holdings PLC (United Kingdom)<br>2.36% (1 day USD SOFR + 1.947%)<sup>(2)</sup> | 08/18/31 | 50000 | 44444 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 250000 | 244912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05% (1 day USD SOFR + 0.800%)<sup>(2)</sup> | 11/19/26 | 5000 | 4933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(2)</sup> | 04/22/27 | 55000 | 53737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(2)</sup> | 06/01/29 | 205000 | 192415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.180%)<sup>(2)</sup> | 11/08/32 | 20000 | 17621 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% (1 day USD SOFR + 1.340%)<sup>(2)</sup> | 10/22/35 | 30000 | 29713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.77% (1 day USD SOFR + 1.490%)<sup>(2)</sup> | 04/22/35 | 45000 | 47315 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (1 day USD SOFR + 1.034%)<sup>(2)</sup> | 02/13/32 | 5000 | 4280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 35000 | 29939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24% (1 day USD SOFR + 1.178%)<sup>(2)</sup> | 07/21/32 | 90000 | 77982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51% (1 day USD SOFR + 1.200%)<sup>(2)</sup> | 10/20/32 | 10000 | 8763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94% (1 day USD SOFR + 1.290%)<sup>(2)</sup> | 01/21/33 | 60000 | 53585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59% (1 day USD SOFR + 1.418%)<sup>(2)</sup> | 01/18/36 | 40000 | 41164 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40% (5 yr. CMT + 2.595%)<sup>(2),(9)</sup> | 09/15/26 | 15000 | 14524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% (1 day USD SOFR + 2.284%)<sup>(2)</sup> | 10/20/34 | 40000 | 44756 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>1.67% (1 day USD SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 40000 | 38856 |
|  U.S. Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84% (1 day USD SOFR + 1.600%)<sup>(2)</sup> | 02/01/34 | 15000 | 14829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.84% (1 day USD SOFR + 2.260%)<sup>(2)</sup> | 06/12/34 | 15000 | 15776 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 45000 | 43388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (3 mo. USD Term SOFR + 1.262%)<sup>(2)</sup> | 02/11/31 | 95000 | 87042 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 03/02/33 | 110000 | 100548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 12/03/35 | 20000 | 20091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 40000 | 41311 |
|  |  |  | 3008770 |
|  **Beverages—0.4%** |  |  |  |
|  Becle SAB de CV (Mexico)<br>2.50%<sup>(1)</sup> | 10/14/31 | 105000 | 87032 |
|  JDE Peet's NV (Netherlands)<br>2.25%<sup>(1)</sup> | 09/24/31 | 200000 | 170704 |
|  |  |  | 257736 |
|  **Chemicals—0.3%** |  |  |  |
|  International Flavors & Fragrances, Inc.,  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.83%<sup>(1)</sup> | 10/15/27 | 110000 | 103649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%<sup>(1)</sup> | 11/01/30 | 66000 | 58394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%<sup>(1)</sup> | 11/15/40 | 5000 | 3673 |
|  |  |  | 165716 |
|  **Commercial Services—0.9%** |  |  |  |
|  Adtalem Global Education, Inc.<br>5.50%<sup>(1)</sup> | 03/01/28 | 76000 | 75471 |
|  Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxemburg)<br>7.00%<sup>(1)</sup> | 05/21/30 | 22000 | 22526 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 35000 | 33961 |
|  OT Midco Ltd.<br>10.00%<sup>(1)</sup> | 02/15/30 | 40000 | 30979 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** |
|  **Commercial Services (Continued)** |  |  |  |  |
|  RAC Bond Co. PLC (United Kingdom)<br>8.25%<sup>(8)</sup> | 05/06/46 | GBP | 100000 | $148769 |
|  Raven Acquisition Holdings LLC<br>6.88%<sup>(1)</sup> | 11/15/31 |  | 45000 | 45007 |
|  Rollins, Inc.<br>5.25% | 02/24/35 |  | 100000 | 100435 |
|  Upbound Group, Inc.<br>6.38%<sup>(1)</sup> | 02/15/29 |  | 70000 | 69376 |
|  VT Topco, Inc.<br>8.50%<sup>(1)</sup> | 08/15/30 |  | 70000 | 74409 |
|  |  |  |  | 600933 |
|  **Computers—0.3%** |  |  |  |  |
|  Dell International LLC/EMC Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 04/01/28 |  | 100000 | 101219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 04/01/30 |  | 60000 | 60997 |
|  NCR Voyix Corp.<br>5.13%<sup>(1)</sup> | 04/15/29 |  | 33000 | 32583 |
|  |  |  |  | 194799 |
|  **Cosmetics/Personal Care—0.1%** |  |  |  |  |
|  Edgewell Personal Care Co.<br>5.50%<sup>(1)</sup> | 06/01/28 |  | 32000 | 31872 |
|  Opal Bidco SAS (France)<br>6.50%<sup>(1)</sup> | 03/31/32 |  | 35000 | 35708 |
|  |  |  |  | 67580 |
|  **Diversified Financial Services—0.7%** |  |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 10/29/26 |  | 75000 | 73088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/06/28 |  | 35000 | 36228 |
|  American Express Co.<br>3.55% (5 yr. CMT + 2.854%)<sup>(2),(9)</sup> | 09/15/26 |  | 15000 | 14676 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53%<sup>(1)</sup> | 11/18/27 |  | 185000 | 175913 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>3.25%<sup>(1)</sup> | 02/15/27 |  | 15000 | 14634 |
|  Charles Schwab Corp.<br>5.00% (5 yr. CMT + 3.256%)<sup>(2),(9)</sup> | 06/01/27 |  | 15000 | 14990 |
|  GGAM Finance Ltd. (Ireland)<br>8.00%<sup>(1)</sup> | 06/15/28 |  | 68000 | 72007 |
|  GGAM Finance Ltd. (Ireland)<br>8.00%<sup>(1)</sup> | 02/15/27 |  | 35000 | 36139 |
|  |  |  |  | 437675 |
|  **Electric—1.1%** |  |  |  |  |
|  Alliant Energy Finance LLC<br>3.60%<sup>(1)</sup> | 03/01/32 |  | 55000 | 50048 |
|  American Electric Power Co., Inc.<br>5.63% | 03/01/33 |  | 60000 | 62458 |
|  Arizona Public Service Co.<br>6.35% | 12/15/32 |  | 75000 | 81083 |
|  Commonwealth Edison Co.<br>5.30% | 02/01/53 |  | 130000 | 123397 |
|  Duke Energy Carolinas LLC<br>5.35% | 01/15/53 |  | 30000 | 28812 |
|  Entergy Texas, Inc.<br>3.45% | 12/01/27 |  | 150000 | 146619 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(1)</sup> | 09/15/28 |  | 39000 | 37173 |
|  Jersey Central Power & Light Co.<br>4.30%<sup>(1)</sup> | 01/15/26 |  | 100000 | 99825 |
|  Tucson Electric Power Co.<br>5.50% | 04/15/53 |  | 65000 | 61932 |
|  |  |  |  | 691347 |
|  **Engineering & Construction—0.2%** |  |  |  |  |
|  Artera Services LLC<br>8.50%<sup>(1)</sup> | 02/15/31 |  | 45000 | 37476 |
|  Heathrow Funding Ltd. (United Kingdom)<br>1.13%<sup>(8)</sup> | 10/08/32 | EUR | 100000 | 105300 |
|  |  |  |  | 142776 |
|  **Entertainment—0.8%** |  |  |  |  |
|  Caesars Entertainment, Inc.,  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/15/32 |  | 35000 | 35899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 07/01/27 |  | 94000 | 94100 |
|  Everi Holdings, Inc.<br>5.00%<sup>(1)</sup> | 07/15/29 |  | 73000 | 73809 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 |  | 25000 | 24540 |
|  Penn Entertainment, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 07/01/29 |  | 79000 | 73265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%<sup>(1)</sup> | 01/15/27 |  | 36000 | 35907 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 |  | 51000 | 53206 |
|  WarnerMedia Holdings, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(6)</sup> | 03/15/32 |  | 24000 | 20272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 |  | 70000 | 47094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%<sup>(6)</sup> | 03/15/52 |  | 37000 | 22852 |
|  |  |  |  | 480944 |
|  **Environmental Control—0.0%** |  |  |  |  |
|  Waste Pro USA, Inc.<br>7.00%<sup>(1)</sup> | 02/01/33 |  | 20000 | 20823 |
|  **Food—0.9%** |  |  |  |  |
|  ELO SACA (France)<br>3.25%<sup>(8)</sup> | 07/23/27 | EUR | 100000 | 113278 |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 12/01/31 |  | 52000 | 48411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 01/15/30 |  | 7000 | 7192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 |  | 47000 | 51358 |
|  Mars, Inc.<br>4.80%<sup>(1)</sup> | 03/01/30 |  | 150000 | 152017 |
|  Pilgrim's Pride Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/32 |  | 36000 | 32460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 04/15/31 |  | 25000 | 24143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 07/01/33 |  | 32000 | 33867 |
|  Post Holdings, Inc.<br>4.63%<sup>(1)</sup> | 04/15/30 |  | 65000 | 62572 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 |  | 45000 | 38830 |
|  |  |  |  | 564128 |
|  **Gas—0.8%** |  |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp.,  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 |  | 73000 | 75330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 |  | 25000 | 25929 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(8)</sup> | 04/05/30 | EUR | 100000 | 122676 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(2)</sup> | 09/15/55 |  | 130000 | 131606 |
|  Southern Co. Gas Capital Corp.<br>3.88% | 11/15/25 |  | 70000 | 69819 |
|  Venture Global Plaquemines LNG LLC<br>7.50%<sup>(1)</sup> | 05/01/33 |  | 9000 | 9648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 05/01/35 |  | 63000 | 68272 |
|  |  |  |  | 503280 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-Products—0.1%** |  |  |  |
|  Sotera Health Holdings LLC<br>7.38%<sup>(1)</sup> | 06/01/31 | $30000 | $31186 |
|  **Health Care-Services—1.1%** |  |  |  |
|  Centene Corp.<br>3.00% | 10/15/30 | 129000 | 115321 |
|  CommonSpirit Health<br>2.78% | 10/01/30 | 40000 | 36693 |
|  Elevance Health, Inc.<br>5.20% | 02/15/35 | 30000 | 30329 |
|  Encompass Health Corp.<br>4.50% | 02/01/28 | 20000 | 19832 |
|  Fortrea Holdings, Inc.<br>7.50%<sup>(1)</sup> | 07/01/30 | 75000 | 68025 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 | 30000 | 28855 |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(1)</sup> | 10/01/31 | 35000 | 34718 |
|  HCA, Inc.<br>5.63% | 09/01/28 | 14000 | 14417 |
|  HealthEquity, Inc.<br>4.50%<sup>(1)</sup> | 10/01/29 | 75000 | 72972 |
|  Humana, Inc.<br>5.55% | 05/01/35 | 50000 | 50293 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 | 70000 | 67066 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(10)</sup> | 10/01/29 | 161700 | 44467 |
|  UnitedHealth Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 07/15/34 | 65000 | 65681 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 06/15/35 | 65000 | 66278 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 | 15000 | 14492 |
|  |  |  | 729439 |
|  **Household Products/Wares—0.2%** |  |  |  |
|  Central Garden & Pet Co.<br>4.13% | 10/15/30 | 40000 | 37776 |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 118000 | 95488 |
|  |  |  | 133264 |
|  **Insurance—0.5%** |  |  |  |
|  Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer<br>6.75%<sup>(1)</sup> | 10/15/27 | 66000 | 66213 |
|  Athene Global Funding<br>1.61%<sup>(1)</sup> | 06/29/26 | 30000 | 29182 |
|  Athene Global Funding<br>3.21%<sup>(1)</sup> | 03/08/27 | 25000 | 24319 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(2)</sup> | 11/01/53 | 50000 | 47787 |
|  Farmers Insurance Exchange,<br>4.75%(3 mo. USD LIBOR + 3.231%)<sup>(1),(2)</sup> | 11/01/57 | 25000 | 20406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%(10 yr. CMT + 3.864%)<sup>(1),(2)</sup> | 10/15/64 | 30000 | 29861 |
|  HUB International Ltd.<br>7.38%<sup>(1)</sup> | 01/31/32 | 28000 | 29310 |
|  Teachers Insurance & Annuity Association of America<br>4.27%<sup>(1)</sup> | 05/15/47 | 65000 | 52859 |
|  |  |  | 299937 |
|  **Internet—0.2%** |  |  |  |
|  Cogent Communications Group LLC<br>7.00%<sup>(1)</sup> | 06/15/27 | 38000 | 38210 |
|  Gen Digital, Inc.<br>6.75%<sup>(1)</sup> | 09/30/27 | 65000 | 66226 |
|  Snap, Inc.<br>6.88%<sup>(1)</sup> | 03/01/33 | 25000 | 25669 |
|  |  |  | 130105 |
|  **Investment Companies—0.2%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 97000 | 90677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 20000 | 19566 |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp.<br>10.00%<sup>(1)</sup> | 11/15/29 | 19000 | 18824 |
|  |  |  | 129067 |
|  **Leisure Time—0.1%** |  |  |  |
|  MajorDrive Holdings IV LLC<br>6.38%<sup>(1)</sup> | 06/01/29 | 35000 | 27759 |
|  Sabre GLBL, Inc.  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 11/15/29 | 10000 | 10293 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.13%<sup>(1)</sup> | 07/15/30 | 20000 | 20952 |
|  |  |  | 59004 |
|  **Lodging—0.3%** |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 80000 | 80880 |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 | 130000 | 132660 |
|  |  |  | 213540 |
|  **Media—1.2%** |  |  |  |
|  AMC Networks, Inc.<br>10.25%<sup>(1)</sup> | 01/15/29 | 30000 | 31135 |
|  Cable One, Inc.<br>4.00%<sup>(1)</sup> | 11/15/30 | 25000 | 19720 |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% | 04/01/51 | 54000 | 36048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65% | 02/01/34 | 50000 | 53559 |
|  CSC Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 40000 | 19859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 92000 | 74867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 89000 | 84460 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 39000 | 40197 |
|  Sinclair Television Group, Inc.<br>8.13%<sup>(1)</sup> | 02/15/33 | 40000 | 40550 |
|  Sirius XM Radio LLC<br>5.00%<sup>(1)</sup> | 08/01/27 | 156000 | 154756 |
|  Time Warner Cable LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 79000 | 71916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 11/15/40 | 10000 | 9606 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 175000 | 155650 |
|  |  |  | 792323 |
|  **Mining—0.0%** |  |  |  |
|  Novelis Corp.<br>3.25%<sup>(1)</sup> | 11/15/26 | 25000 | 24616 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Office/Business Equipment—0.1%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | $65000 | $68107 |
|  **Oil & Gas—0.1%** |  |  |  |
|  Petroleos Mexicanos<br>6.35% | 02/12/48 | 5000 | 3487 |
|  Transocean Titan Financing Ltd.<br>8.38%<sup>(1)</sup> | 02/01/28 | 42524 | 43551 |
|  Transocean, Inc.<br>8.75%<sup>(1)</sup> | 02/15/30 | 20000 | 20641 |
|  |  |  | 67679 |
|  **Packaging & Containers—0.8%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>4.80%<sup>(1)</sup> | 03/17/28 | 90000 | 90757 |
|  Amcor Group Finance PLC<br>5.45% | 05/23/29 | 60000 | 61742 |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.<br>4.13%<sup>(1)</sup> | 08/15/26 | 25000 | 23496 |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 08/15/27 | 81000 | 35794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 08/15/27 | 4000 | 1789 |
|  Berry Global, Inc.<br>1.65% | 01/15/27 | 5000 | 4798 |
|  Berry Global, Inc.<br>4.88%<sup>(1)</sup> | 07/15/26 | 24000 | 24000 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 04/15/28 | 115000 | 118065 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 20000 | 20694 |
|  Clearwater Paper Corp.<br>4.75%<sup>(1)</sup> | 08/15/28 | 112000 | 106624 |
|  |  |  | 487759 |
|  **Pharmaceuticals—1.4%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 55000 | 55547 |
|  Bayer U.S. Finance II LLC (Germany)<br>4.63%<sup>(1)</sup> | 06/25/38 | 156000 | 138082 |
|  Bayer U.S. Finance II LLC (Germany)<br>4.88%<sup>(1)</sup> | 06/25/48 | 73000 | 59882 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 10000 | 9181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/25/48 | 55000 | 47552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/01/53 | 38000 | 36364 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%(5 yr. CMT + 2.516%)<sup>(2)</sup> | 12/10/54 | 100000 | 100554 |
|  Galderma Finance Europe BV (Netherlands)<br>3.50%<sup>(8)</sup> | 03/20/30 | 100000 | 118490 |
|  Grifols SA (Spain)<br>7.50%<sup>(8)</sup> | 05/01/30 | 105000 | 129168 |
|  Option Care Health, Inc.<br>4.38%<sup>(1)</sup> | 10/31/29 | 72000 | 69420 |
|  Teva Pharmaceutical Finance Netherlands II BV (Israel)<br>4.13% | 06/01/31 | 100000 | 117829 |
|  Teva Pharmaceutical Finance Netherlands III BV (Israel)<br>6.00% | 12/01/32 | 13000 | 13286 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 13000 | 13204 |
|  |  |  | 908559 |
|  **Pipelines—0.7%** |  |  |  |
|  Energy Transfer LP<br>5.50% | 06/01/27 | 3000 | 3056 |
|  Global Partners LP/GLP Finance Corp.<br>6.88% | 01/15/29 | 41000 | 41770 |
|  Global Partners LP/GLP Finance Corp.<br>8.25%<sup>(1)</sup> | 01/15/32 | 75000 | 78980 |
|  Kinder Morgan Energy Partners LP<br>5.00% | 08/15/42 | 45000 | 40329 |
|  NGL Energy Operating LLC/NGL Energy Finance Corp.<br>8.38%<sup>(1)</sup> | 02/15/32 | 30000 | 30070 |
|  TransCanada PipeLines Ltd. (Canada)<br>4.63% | 03/01/34 | 5000 | 4800 |
|  TransMontaigne Partners LLC<br>8.50%<sup>(1)</sup> | 06/15/30 | 35000 | 36489 |
|  Venture Global Calcasieu Pass LLC<br>3.88%<sup>(1)</sup> | 08/15/29 | 60000 | 56658 |
|  Venture Global LNG, Inc.,  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 01/15/30 | 51000 | 51637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 06/01/28 | 25000 | 25846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00%(5 yr. CMT + 5.440%)<sup>(1),(2),(9)</sup> | 09/30/29 | 33000 | 32186 |
|  Venture Global LNG, Inc.<br>9.88%<sup>(1)</sup> | 02/01/32 | 29000 | 31336 |
|  |  |  | 433157 |
|  **REIT—1.9%** |  |  |  |
|  American Assets Trust LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 02/01/31 | 30000 | 26904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15% | 10/01/34 | 10000 | 10011 |
|  American Homes 4 Rent LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 07/15/51 | 40000 | 26513 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30% | 04/15/52 | 5000 | 3897 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 65000 | 60583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% | 03/15/30 | 65000 | 65963 |
|  Americold Realty Operating Partnership LP<br>5.60% | 05/15/32 | 95000 | 95494 |
|  Crown Castle, Inc.<br>3.80% | 02/15/28 | 160000 | 157210 |
|  Extra Space Storage LP<br>2.40% | 10/15/31 | 50000 | 43474 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/31 | 50000 | 47221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/26 | 25000 | 25061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 25000 | 25643 |
|  Healthcare Realty Holdings LP<br>3.63% | 01/15/28 | 70000 | 68342 |
|  Host Hotels & Resorts LP (REIT)<br>5.70% | 06/15/32 | 95000 | 96451 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 74000 | 60678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 5000 | 4797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 04/01/29 | 2000 | 1797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 5000 | 4882 |
|  Invitation Homes Operating Partnership LP<br>2.00% | 08/15/31 | 60000 | 51010 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 60000 | 60403 |
|  LXP Industrial Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 10/01/31 | 55000 | 46603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70% | 09/15/30 | 35000 | 31338 |
|  Realty Income Corp. (REIT)<br>4.88% | 07/06/30 | 100000 | 125906 |
|  Rexford Industrial Realty LP<br>2.15% | 09/01/31 | 5000 | 4288 |
|  RHP Hotel Properties LP/RHP Finance Corp. (REIT)<br>6.50%<sup>(1)</sup> | 04/01/32 | 35000 | 36020 |
|  VICI Properties LP/VICI Note Co., Inc.<br>4.13%<sup>(1)</sup> | 08/15/30 | 12000 | 11514 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **REIT (Continued)** |  |  |  |
|  VICI Properties LP/VICI Note Co., Inc.<br>4.50%<sup>(1)</sup> | 01/15/28 | $9000 | $8966 |
|  |  |  | 1200969 |
|  **Retail—0.5%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 30000 | 30722 |
|  Ferrellgas LP/Ferrellgas Finance Corp.  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 04/01/26 | 35000 | 34746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 95000 | 88044 |
|  FirstCash, Inc.<br>6.88%<sup>(1)</sup> | 03/01/32 | 40000 | 41432 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 77000 | 62081 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 18000 | 11896 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 35000 | 34026 |
|  Staples, Inc.<br>10.75%<sup>(1)</sup> | 09/01/29 | 15000 | 14262 |
|  Suburban Propane Partners LP/Suburban Energy Finance Corp.<br>5.00%<sup>(1)</sup> | 06/01/31 | 20000 | 18942 |
|  |  |  | 336151 |
|  **Semiconductors—0.1%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 20000 | 20515 |
|  Intel Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/12/31 | 55000 | 47271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 02/10/53 | 15000 | 13960 |
|  |  |  | 81746 |
|  **Software—1.0%** |  |  |  |
|  Cloud Software Group, Inc.<br>9.00%<sup>(1)</sup> | 09/30/29 | 25000 | 25940 |
|  Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<br>8.75%<sup>(1)</sup> | 05/01/29 | 52000 | 53516 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 178000 | 184572 |
|  Oracle Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 08/03/28 | 85000 | 86413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50% | 04/15/38 | 70000 | 76221 |
|  Paychex, Inc.<br>5.35% | 04/15/32 | 195000 | 200267 |
|  |  |  | 626929 |
|  **Telecommunications—1.6%** |  |  |  |
|  Altice Financing SA (Luxembourg)  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 08/15/29 | 35000 | 25671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%<sup>(1)</sup> | 07/15/27 | 60000 | 51715 |
|  Consolidated Communications, Inc.  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 10/01/28 | 5000 | 5061 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 10/01/28 | 35000 | 35660 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 21000 | 21609 |
|  Frontier Communications Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 10/15/27 | 75000 | 75103 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.63%<sup>(1)</sup> | 03/15/31 | 111000 | 118030 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(8)</sup> | 10/07/30 | 100000 | 110057 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 288750 | 290757 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 02/15/26 | 66000 | 65044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 02/15/31 | 78000 | 69946 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 07/15/31 | 75000 | 69427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 04/15/32 | 30000 | 31221 |
|  Windstream Services LLC/Windstream Escrow Finance Corp.<br>8.25%<sup>(1)</sup> | 10/01/31 | 15000 | 15724 |
|  Zayo Group Holdings, Inc.<br>4.00%<sup>(1)</sup> | 03/01/27 | 75000 | 70405 |
|  |  |  | 1055430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $15,672,210) |  |  | 15872802 |
|  **MUNICIPAL BONDS—0.2%** |  |  |  |
|  California Health Facilities Financing Authority, Series A<br>3.00% | 08/15/51 | 20000 | 13886 |
|  California State University, Series B<br>2.37% | 11/01/35 | 10000 | 7976 |
|  County of Miami-Dade Aviation Revenue, Series B<br>2.86% | 10/01/35 | 15000 | 12471 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B-3<br>1.85% | 08/01/32 | 75000 | 62647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $115,118) |  |  | 96980 |
|  **U.S. TREASURY SECURITIES—8.3%** |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 05/15/55 | 212000 | 210857 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 06/30/27 | 61000 | 61040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 | 5054000 | 5073940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $5,314,815) |  |  | 5345837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $70,725,756) |  |  | **65235287** |
|  **CONVERTIBLE SECURITIES—0.1%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS—0.1%** |  |  |  |
|  **Commercial Services—0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(8),(11)</sup> | 07/30/25 | 30000 | 41322 |
|  Worldline SA (France)<br>0.00%<sup>(8),(11)</sup> | 07/30/26 | 40000 | 43599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $74,655) |  |  | 84921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $74,655) |  |  | 84921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $74,655) |  |  | 84921 |
|  **COMMON STOCK—0.2%** |  |  |  |
| **Issues** |  | **Shares** | **Value** |
|  **REIT—0.1%** |  |  |  |
|  AGNC Investment Corp. |  | 4500 | 41355 |
|  |  |  | 41355 |
|  **Telecommunications—0.1%** |  |  |  |
|  Intelsat SA<sup>(12)</sup> |  | 1322 | 40982 |
|  Reorganized ISA SA<sup>(12)</sup> |  | 1322 | 13826 |
|  |  |  | 54808 |
|  **Total Common Stock** (Cost: $98,375) |  |  | 96163 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **INVESTMENT COMPANIES—1.3%** |  |  |
|  TCW Private Asset Income Fund—I Class<sup>(13)</sup> | 83802 | $839699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $837,852) |  | 839699 |
|  **MONEY MARKET INVESTMENTS—7.5%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>4.27%<sup>(14)</sup> | 173247 | 173247 |
|  TCW Central Cash Fund, 4.33%<sup>(13),(14)</sup> | 4632875 | 4632875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $4,806,122) |  | 4806122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (110.8%)** (Cost: $76,542,760) |  | 71062192 |
|  **Liabilities In Excess Of Other Assets (-10.8%)** |  | (6295631) |
|  **Net Assets (100.0%)** |  | $64136561 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **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)** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 27 | 10-Year U.S. Treasury Note Futures | 09/19/25 | $(2997565) | $(3085172) | $(87607) |
| 3 | 2-Year U.S. Treasury Note Futures | 09/30/25 | (621565) | (624070) | (2505) |
| 7 | 5-Year U.S. Treasury Note Futures | 09/30/25 | (754785) | (763000) | (8215) |
| 4 | Euro-Bobl Future | 09/8/25 | (554380) | (552554) | 1826 |
| 1 | Euro-Bund Future | 09/8/25 | (153668) | (152777) | 891 |
| 16 | U.S. Ultra Long Bond Futures | 09/19/25 | (1841968) | (1906000) | (64032) |
|  |  |  | $**(6923931)** | $**(7083573)** | $**(159642)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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>*** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 97082 | 07/11/25 | $108867 | $114028 | $5161 |
|  |  |  |  | $**108867** | $**114028** | $**5161** |
|  **SELL*<sup>(16)</sup>*** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 985000 | 07/11/25 | $1069252 | $1156927 | $(87675) |
|  Goldman Sachs & Co. | EUR | 171820 | 07/11/25 | 195281 | 201810 | (6529) |
|  Citibank N.A. | GBP | 100000 | 07/11/25 | 128755 | 137041 | (8286) |
|  Goldman Sachs & Co. | GBP | 111000 | 07/11/25 | 143837 | 152115 | (8278) |
|  |  |  |  | $**1537125** | $**1647893** | $**(110768)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| ACES | Alternative Credit Enhancement Securities. |
| CDO | Collateralized Debt Obligation. |
| CLO | Collateralized Loan Obligation. |
| EUR | Euro Currency. |
| GBP | British Pound Sterling. |
| 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. |
| 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 June 30, 2025, the value of these securities amounted to $25,431,971 or 39.7% 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 June 30, 2025. |
| (3) | 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. |
| (4) | 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. |
| (5) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (6) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (7) | 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. |
| (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 June 30, 2025, the value of these securities amounted to $1,162,869 or 1.8% of net assets. |
| (9) | Perpetual maturity. |
| (10) | 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. |
| (11) | Security is not accruing interest. |
| (12) | Non-income producing security. |
| (13) | Affiliated issuer. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

(14) Rate disclosed is the 7-day net yield as of June 30, 2025.

(15) Fund buys foreign currency, sells USD.

(16) Fund sells foreign currency, buys USD.

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**March 31,**<br>**2025** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**June 30,<br>2025** | **Value at June 30,**<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 | $6740188 | $25731687 | $27839000 | 4632875 | $4632875 | $31721 | $– $|  | $— |
|  TCW Private Asset Income Fund—I Class | 168429 | 669423 |  | 83802 | 839699 | 6641 | – |  | 1847 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $5472574 | $38362 | $– $|  | $1847 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Strategic Income Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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—Non-Agency | $— | $17402283 | $— | $17402283 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds\* |  | 15872802 |  | 15872802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 10790844 |  | 10790844 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 8939660 |  | 8939660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 6448699 |  | 6448699 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 5345837 |  |  | 5345837 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 338182 |  | 338182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 96980 |  | 96980 |
|  Total Fixed Income Securities | 5345837 | 59889450 |  | 65235287 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 84921 |  | 84921 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 4806122 |  |  | 4806122 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 839699 |  |  | 839699 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock\* | 55181 | 40982 |  | 96163 |
|  Total Equity Securities | 5701002 | 40982 |  | 5741984 |
|  Total Investments | $11046839 | $60015353 | $— | $71062192 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 5161 |  | 5161 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 2717 |  |  | 2717 |
|  Total | $11049556 | $60020514 | $— | $71070070 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (162359) |  |  | (162359) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (110768) |  | (110768) |
|  Total | $(162359) | $(110768) | $— | $(273127) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—112.4% of Net Assets** | **FIXED INCOME SECURITIES—112.4% of Net Assets** | **FIXED INCOME SECURITIES—112.4% of Net Assets** | **FIXED INCOME SECURITIES—112.4% of Net Assets** |
|  **ASSET-BACKED SECURITIES—19.3%** |  |  |  |
|  Aligned Data Centers Issuer LLC Series 2021-1A, Class A2<br>1.94%<sup>(1)</sup> | 08/15/46 | $175000 | $169195 |
|  Allegro CLO X Ltd. Series 2019-1A, Class BRR<br>5.87% (3 mo. USD Term SOFR + 1.600%)<sup>(1),(2)</sup> | 04/20/32 | 50000 | 50070 |
|  Allegro CLO XI Ltd. Series 2019-2A, Class BR<br>6.17% (3 mo. USD Term SOFR + 1.900%)<sup>(1),(2)</sup> | 01/19/33 | 35000 | 35047 |
|  ALLO Issuer LLC Series 2023-1A, Class C<br>12.18%<sup>(1)</sup> | 06/20/53 | 100000 | 106940 |
|  ALLO Issuer LLC Series 2024-1A, Class B<br>7.15%<sup>(1)</sup> | 07/20/54 | 100000 | 103775 |
|  ALLO Issuer LLC Series 2024-1A, Class C<br>11.19%<sup>(1)</sup> | 07/20/54 | 120000 | 130040 |
|  AMMC CLO 30 Ltd. Series 2024-30A, Class A1<br>5.94% (3 mo. USD Term SOFR + 1.680%)<sup>(1),(2)</sup> | 01/15/37 | 150000 | 150478 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2021-2A, Class D<br>4.08%<sup>(1)</sup> | 02/20/28 | 30000 | 29017 |
|  Bayview Opportunity Master Fund VII LLC Series 2024-EDU1, Class D<br>7.06% (30 day USD SOFR Average + 2.750%)<sup>(1),(2)</sup> | 06/25/47 | 32216 | 32873 |
|  CIFC Funding Ltd. Series 2022-1A, Class A<br>5.60% (3 mo. USD Term SOFR + 1.320%)<sup>(1),(2)</sup> | 04/17/35 | 50000 | 50125 |
|  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 | 34820 | 34871 |
|  Dryden 72 CLO Ltd. Series 2019-72A, Class BRR<br>5.98% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 05/15/32 | 115000 | 115300 |
|  Edgeconnex Data Centers Issuer LLC Series 2022-1, Class A2<br>4.25%<sup>(1)</sup> | 03/25/52 | 47458 | 45877 |
|  Golub Capital Partners CLO 50B-R Ltd. Series 2020-50A, Class AJR<br>5.89% (3 mo. USD Term SOFR + 1.600%)<sup>(1),(2)</sup> | 04/20/35 | 70000 | 70036 |
|  GoodLeap Home Improvement Solutions Trust Series 2024-1A, Class A<br>5.35%<sup>(1)</sup> | 10/20/46 | 88023 | 89116 |
|  GoodLeap Home Improvement Solutions Trust Series 2025-2A, Class C<br>8.16%<sup>(1)</sup> | 06/20/49 | 50000 | 50577 |
|  GoodLeap Sustainable Home Solutions Trust Series 2022-1GS, Class A<br>2.70%<sup>(1)</sup> | 01/20/49 | 66806 | 57781 |
|  HPS Loan Management Ltd. Series 15A-19, Class A1R<br>5.59% (3 mo. USD Term SOFR + 1.320%)<sup>(1),(2)</sup> | 01/22/35 | 60000 | 60037 |
|  HPS Loan Management Ltd. Series 2021-16A, Class B<br>6.24% (3 mo. USD Term SOFR + 1.962%)<sup>(1),(2)</sup> | 01/23/35 | 50000 | 50080 |
|  JG Wentworth XLII LLC Series 2018-2A, Class B<br>4.70%<sup>(1)</sup> | 10/15/77 | 185418 | 168475 |
|  JG Wentworth XXXIX LLC Series 2017-2A, Class B<br>5.09%<sup>(1)</sup> | 09/17/74 | 154797 | 139985 |
|  Loanpal Solar Loan Ltd. Series 2021-1GS, Class A<br>2.29%<sup>(1)</sup> | 01/20/48 | 128041 | 107034 |
|  Madison Park Funding XXVII Ltd. Series 2018-27A, Class A2R<br>5.82% (3 mo. USD Term SOFR + 1.500%)<sup>(1),(2)</sup> | 04/20/38 | 150000 | 150540 |
|  Madison Park Funding XXXIX Ltd. Series 2021-39A, Class BR<br>6.02% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(2)</sup> | 10/22/34 | 105000 | 105207 |
|  Madison Park Funding XXXVI Ltd. Series 2019-36A, Class B1R<br>5.81% (3 mo. USD Term SOFR + 1.550%)<sup>(1),(2)</sup> | 04/15/35 | 100000 | 99615 |
|  Mosaic Solar Loan Trust Series 2020-2A, Class A<br>1.44%<sup>(1)</sup> | 08/20/46 | 39439 | 33523 |
|  Navient Student Loan Trust Series 2017-1A, Class A3<br>5.57% (30 day USD SOFR Average + 1.264%)<sup>(1),(2)</sup> | 07/26/66 | 88958 | 89328 |
|  Nelnet Student Loan Trust Series 2012-1A, Class B<br>5.42% (30 day USD SOFR Average + 1.114%)<sup>(1),(2)</sup> | 06/25/42 | 100000 | 98766 |
|  Neuberger Berman Loan Advisers CLO 50 Ltd. Series 2022-50A, Class BR<br>5.93% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 07/23/36 | 80000 | 80087 |
|  OCP CLO Ltd. Series 2021-23A, Class AR<br>5.44% (3 mo. USD Term SOFR + 1.160%)<sup>(1),(2)</sup> | 01/17/37 | 150000 | 149421 |
|  Octagon Investment Partners 39 Ltd. Series 2018-3A, Class AR<br>5.42% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/20/30 | 29995 | 30010 |
|  Rockford Tower CLO Ltd. Series 2020-1A, Class A1RR<br>5.36% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 01/20/36 | 70000 | 70018 |
|  Sabey Data Center Issuer LLC Series 2023-1, Class A2<br>6.25%<sup>(1)</sup> | 04/20/48 | 60000 | 60229 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>5.12% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 01/25/29 | 28223 | 27610 |
|  SoFi Professional Loan Program LLC Series 2021-B, Class AFX<br>1.14%<sup>(1)</sup> | 02/15/47 | 29363 | 25599 |
|  Stack Infrastructure Issuer LLC Series 2021-1A, Class A2<br>1.88%<sup>(1)</sup> | 03/26/46 | 138000 | 134796 |
|  Switch ABS Issuer LLC Series 2024-1A, Class A2<br>6.28%<sup>(1)</sup> | 03/25/54 | 75000 | 76535 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |
|  Switch ABS Issuer LLC Series 2024-1A, Class B<br>6.50%<sup>(1)</sup> | 03/25/54 | $100000 | $101218 |
|  Symphony CLO XIX Ltd. Series 2018-19A, Class B<br>5.87% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(2)</sup> | 04/16/31 | 50000 | 50067 |
|  Vantage Data Centers Issuer LLC Series 2020-1A, Class A2<br>1.65%<sup>(1)</sup> | 09/15/45 | 50000 | 49614 |
|  Vantage Data Centers Jersey Borrower SPV Ltd. Series 2024-1A, Class A2<br>6.17%<sup>(1)</sup> | 05/28/39 | GBP 100,000 | 140867 |
|  Voya CLO Ltd. Series 2014-4A, Class A2R<br>6.10% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 07/14/31 | 50000 | 50122 |
|  Voya CLO Ltd. Series 2015-3A, Class A1R3<br>5.42% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/20/31 | 26571 | 26581 |
|  Voya CLO Ltd. Series 2020-1A, Class CR<br>6.62% (3 mo. USD Term SOFR + 2.362%)<sup>(1),(2)</sup> | 07/16/34 | 50000 | 50089 |
|  **Total Asset-backed Securities** (Cost: $3,520,601) |  |  | 3546571 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—40.4%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #RA4201<br>2.00% | 12/01/50 | 82920 | 66232 |
|  Federal Home Loan Mortgage Corp., Pool #SD8160<br>2.00% | 08/01/51 | 46837 | 37270 |
|  Federal Home Loan Mortgage Corp., Pool #RA6071<br>2.00% | 10/01/51 | 124809 | 99767 |
|  Federal Home Loan Mortgage Corp., Pool #QD1841<br>2.00% | 11/01/51 | 121448 | 96473 |
|  Federal Home Loan Mortgage Corp., Pool #SD7549<br>2.00% | 01/01/52 | 122909 | 99009 |
|  Federal Home Loan Mortgage Corp., Pool #RA5855<br>2.50% | 09/01/51 | 167508 | 139726 |
|  Federal Home Loan Mortgage Corp., Pool #QC8921<br>2.50% | 10/01/51 | 118559 | 99582 |
|  Federal Home Loan Mortgage Corp., Pool #RA6528<br>2.50% | 02/01/52 | 19996 | 16646 |
|  Federal Home Loan Mortgage Corp., Pool #RA7091<br>2.50% | 03/01/52 | 84141 | 69951 |
|  Federal Home Loan Mortgage Corp., Pool #QA7550<br>3.00% | 03/01/50 | 56465 | 49819 |
|  Federal Home Loan Mortgage Corp., Pool #QA8518<br>3.00% | 04/01/50 | 66562 | 58688 |
|  Federal Home Loan Mortgage Corp., Pool #RA5552<br>3.00% | 07/01/51 | 196915 | 172214 |
|  Federal Home Loan Mortgage Corp., Pool #G67708<br>3.50% | 03/01/48 | 32380 | 29857 |
|  Federal Home Loan Mortgage Corp., Pool #SD7511<br>3.50% | 01/01/50 | 28818 | 26431 |
|  Federal Home Loan Mortgage Corp., Pool #SD8222<br>4.00% | 06/01/52 | 81595 | 76128 |
|  Federal Home Loan Mortgage Corp., Pool #RA7543<br>4.00% | 06/01/52 | 103192 | 96292 |
|  Federal Home Loan Mortgage Corp., Pool #SD8493<br>5.50% | 12/01/54 | 118461 | 118579 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3067, Class FA (PAC)<br>4.77% (30 day USD SOFR Average + 0.464%)<sup>(2)</sup> | 11/15/35 | 41828 | 41475 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4139, Class DA<br>1.25% | 12/15/27 | 8671 | 8406 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5473, Class BF<br>5.61% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 11/25/54 | 180844 | 181256 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C1 (I/O)<br>2.00% | 03/15/52 | 185467 | 24870 |
|  Federal National Mortgage Association, Pool #BQ1226<br>2.00% | 09/01/50 | 114088 | 91209 |
|  Federal National Mortgage Association, Pool #FM5254<br>2.00% | 12/01/50 | 136172 | 108722 |
|  Federal National Mortgage Association, Pool #FM6400<br>2.00% | 03/01/51 | 86998 | 69957 |
|  Federal National Mortgage Association, Pool #MA4398<br>2.00% | 08/01/51 | 146674 | 116858 |
|  Federal National Mortgage Association, Pool #FS1334<br>2.00% | 11/01/51 | 139487 | 111143 |
|  Federal National Mortgage Association, Pool #FS1598<br>2.00% | 04/01/52 | 92278 | 73143 |
|  Federal National Mortgage Association, Pool #CB2074<br>2.50% | 11/01/51 | 138401 | 115933 |
|  Federal National Mortgage Association, Pool #AL9266<br>3.00% | 10/01/46 | 104060 | 93288 |
|  Federal National Mortgage Association, Pool #BV9977<br>3.50% | 06/01/52 | 82625 | 74563 |
|  Federal National Mortgage Association, Pool #BW0000<br>4.00% | 07/01/52 | 81583 | 76104 |
|  Federal National Mortgage Association, Pool #MA4783<br>4.00% | 10/01/52 | 116482 | 108606 |
|  Federal National Mortgage Association, Pool #CB4211<br>4.50% | 07/01/52 | 105837 | 101588 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C41 (I/O)<br>2.00% | 03/25/51 | 143778 | 18974 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C42 (I/O)<br>2.00% | 11/25/50 | 101430 | 13193 |
|  Federal National Mortgage Association Interest STRIPS Series 427, Class C21 (I/O)<br>2.00% | 03/25/50 | 306744 | 39761 |
|  Federal National Mortgage Association Interest STRIPS Series 434, Class C29 (I/O)<br>2.00% | 10/25/52 | 220817 | 29146 |
|  Federal National Mortgage Association Interest STRIPS Series 436, Class C32 (I/O)<br>2.00% | 10/25/52 | 178493 | 23589 |
|  Federal National Mortgage Association REMICS Series 2019-25, Class PA (PAC)<br>3.00% | 05/25/48 | 156355 | 145470 |
|  Federal National Mortgage Association REMICS Series 2024-69, Class FA<br>5.56% (30 day USD SOFR Average + 1.250%)<sup>(2)</sup> | 10/25/54 | 88291 | 88240 |
|  Federal National Mortgage Association REMICS Series 2024-84, Class FD<br>5.46% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 11/25/54 | 194216 | 193260 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  Federal National Mortgage Association REMICS Series 2025-13, Class FA<br>5.61% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 03/25/55 | $94173 | $94249 |
|  Government National Mortgage Association, Pool #MA8346<br>4.00% | 10/20/52 | 116794 | 109611 |
|  Government National Mortgage Association, Pool #MA8427<br>4.50% | 11/20/52 | 112879 | 109018 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 73481 | 70468 |
|  Government National Mortgage Association, Pool #MA8647<br>5.00% | 02/20/53 | 108841 | 107342 |
|  Government National Mortgage Association REMICS Series 2023-113, Class FD<br>5.65% (30 day USD SOFR Average + 1.350%)<sup>(2)</sup> | 08/20/53 | 51879 | 52104 |
|  Government National Mortgage Association REMICS Series 2023-134, Class F<br>5.30% (30 day USD SOFR Average + 1.000%)<sup>(2)</sup> | 08/20/53 | 77649 | 77328 |
|  Government National Mortgage Association REMICS Series 2024-144, Class FD<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 105469 | 105533 |
|  Government National Mortgage Association REMICS Series 2024-148, Class AF<br>5.48% (30 day USD SOFR Average + 1.180%)<sup>(2)</sup> | 09/20/54 | 106403 | 106498 |
|  Government National Mortgage Association REMICS Series 2024-30, Class DF<br>5.60% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 02/20/54 | 136266 | 136711 |
|  Government National Mortgage Association REMICS Series 2024-84, Class LF<br>5.35% (30 day USD SOFR Average + 1.050%)<sup>(2)</sup> | 05/20/54 | 99162 | 98840 |
|  Government National Mortgage Association REMICS Series 2024-95, Class FW<br>5.40% (30 day USD SOFR Average + 1.100%)<sup>(2)</sup> | 06/20/54 | 93667 | 93559 |
|  Government National Mortgage Association REMICS Series 2024-96, Class FL<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 06/20/54 | 133055 | 132936 |
|  Government National Mortgage Association REMICS Series 2024-97, Class FW<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 06/20/54 | 79601 | 79529 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(3)</sup> | 12/01/51 | 475000 | 403800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 05/01/52 | 325000 | 302165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 08/01/54 | 425000 | 406795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 04/01/55 | 500000 | 491216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 03/01/55 | 525000 | 525725 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(3)</sup> | 01/01/52 | 75000 | 64899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 01/01/52 | 25000 | 22516 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 03/01/52 | 225000 | 209276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/54 | 175000 | 167406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 03/01/55 | 150000 | 147051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $7,614,678) |  |  | 7415993 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—31.1%** |  |  |  |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class A1A2<br>3.90%<sup>(1)</sup> | 08/10/35 | 23000 | 22077 |
|  1211 Avenue of the Americas Trust Series 2015-1211, Class B<br>4.23%<sup>(1),(4)</sup> | 08/10/35 | 100000 | 94980 |
|  245 Park Avenue Trust Series 2017-245P, Class C<br>3.78%<sup>(1),(4)</sup> | 06/05/37 | 100000 | 96050 |
|  245 Park Avenue Trust Series 2017-245P, Class E<br>3.78%<sup>(1),(4)</sup> | 06/05/37 | 100000 | 93626 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class A<br>5.49% (1 mo. USD Term SOFR + 1.180%)<sup>(1),(2)</sup> | 09/15/34 | 58000 | 57489 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class D<br>6.15% (1 mo. USD Term SOFR + 1.836%)<sup>(1),(2)</sup> | 09/15/34 | 100000 | 97363 |
|  Aventura Mall Trust Series 2018-AVM, Class C<br>4.25%<sup>(1),(4)</sup> | 07/05/40 | 90000 | 87299 |
|  BAMLL Commercial Mortgage Securities Trust Series 2015- ASTR, Class C<br>4.25%<sup>(1)</sup> | 07/14/37 | 100000 | 92877 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018- PARK, Class A<br>4.23%<sup>(1),(4)</sup> | 08/10/38 | 100000 | 97321 |
|  BGME Trust Series 2021-VR, Class C<br>3.09%<sup>(1),(4)</sup> | 01/10/43 | 100000 | 75995 |
|  BX Commercial Mortgage Trust Series 2022-AHP, Class D<br>6.75% (1 mo. USD Term SOFR + 2.440%)<sup>(1),(2)</sup> | 01/17/39 | 100000 | 99660 |
|  BX Commercial Mortgage Trust Series 2024-VLT5, Class C<br>6.40%<sup>(1),(4)</sup> | 11/13/46 | 100000 | 102830 |
|  BX Trust Series 2021-ARIA, Class G<br>7.57% (1 mo. USD Term SOFR + 3.257%)<sup>(1),(2)</sup> | 10/15/36 | 100000 | 99304 |
|  BX Trust Series 2023-LIFE, Class B<br>5.39%<sup>(1)</sup> | 02/15/28 | 100000 | 97936 |
|  BX Trust Series 2024-BIO, Class B<br>6.25% (1 mo. USD Term SOFR + 1.941%)<sup>(1),(2)</sup> | 02/15/41 | 65000 | 64944 |
|  BXHPP Trust Series 2021-FILM, Class C<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 08/15/36 | 150000 | 135151 |
|  BXP Trust Series 2017-GM, Class C<br>3.54%<sup>(1),(4)</sup> | 06/13/39 | 100000 | 95354 |
|  Century Plaza Towers Series 2019-CPT, Class A<br>2.87%<sup>(1)</sup> | 11/13/39 | 140000 | 127803 |
|  CHI Commercial Mortgage Trust Series 2025-SFT, Class D<br>7.57%<sup>(1),(4)</sup> | 04/15/42 | 100000 | 102058 |
|  CONE Trust Series 2024-DFW1, Class A<br>5.95% (1 mo. USD Term SOFR + 1.642%)<sup>(1),(2)</sup> | 08/15/41 | 59000 | 58872 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **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)** |  |
|  CONE Trust Series 2024-DFW1, Class B<br>6.60% (1 mo. USD Term SOFR + 2.291%)<sup>(1),(2)</sup> | 08/15/41 | $50000 | $50267 |
|  CSMC Trust Series 2019-UVIL, Class E<br>3.39%<sup>(1),(4)</sup> | 12/15/41 | 100000 | 85279 |
|  DBGS Mortgage Trust Series 2021-W52, Class C<br>6.73% (1 mo. USD Term SOFR + 2.414%)<sup>(1),(2)</sup> | 10/15/36 | 100000 | 96830 |
|  DOLP Trust Series 2021-NYC, Class A<br>2.96%<sup>(1)</sup> | 05/10/41 | 100000 | 89140 |
|  Eleven Madison Trust Mortgage Trust Series 2015-11MD, Class A<br>3.67%<sup>(1),(4)</sup> | 09/10/35 | 23000 | 22709 |
|  Frost CMBS DAC Series 2021-1X, Class GBC<br>6.14% (1 day GBP SONIA + 1.900%)<sup>(2),(5)</sup> | 11/20/33 | 96095 | 131047 |
|  Grace Trust Series 2020-GRCE, Class A<br>2.35%<sup>(1)</sup> | 12/10/40 | 100000 | 87954 |
|  Hudson Yards Mortgage Trust Series 2019-30HY, Class D<br>3.56%<sup>(1),(4)</sup> | 07/10/39 | 100000 | 90953 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class F<br>3.04%<sup>(1),(4)</sup> | 12/10/41 | 100000 | 84721 |
|  Hudson Yards Mortgage Trust Series 2025-SPRL, Class F<br>7.65%<sup>(1),(4)</sup> | 01/13/40 | 100000 | 103710 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-ICON, Class XB (I/O)<br>0.79%<sup>(1),(4)</sup> | 01/05/34 | 10000000 | 36152 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2025-BMS, Class D<br>7.46% (1 mo. USD Term SOFR + 3.150%)<sup>(1),(2)</sup> | 01/15/42 | 109000 | 109652 |
|  KREST Commercial Mortgage Securities Trust Series 2021-CHIP, Class C<br>3.02%<sup>(1),(4)</sup> | 11/05/44 | 125000 | 85941 |
|  Life Mortgage Trust Series 2021-BMR, Class C<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 03/15/38 | 10680 | 10624 |
|  Manhattan West Mortgage Trust Series 2020-1MW, Class D<br>2.41%<sup>(1),(4)</sup> | 09/10/39 | 50000 | 46365 |
|  MFT Mortgage Trust Series 2020-B6, Class B<br>3.39%<sup>(1),(4)</sup> | 08/10/40 | 150000 | 102630 |
|  MHC Trust Series 2021-MHC2, Class B<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 05/15/38 | 118640 | 118671 |
|  MHC Trust Series 2021-MHC2, Class D<br>5.93% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 05/15/38 | 112000 | 112038 |
|  MHC Trust Series 2021-MHC2, Class E<br>6.38% (1 mo. USD Term SOFR + 2.064%)<sup>(1),(2)</sup> | 05/15/38 | 80000 | 80035 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>3.04%<sup>(1),(4)</sup> | 02/12/40 | 100000 | 78297 |
|  Morgan Stanley Capital I Trust Series 2021-PLZA, Class A<br>2.57%<sup>(1)</sup> | 11/09/43 | 110000 | 93946 |
|  Morgan Stanley Capital I Trust Series 2021-PLZA, Class B<br>2.90%<sup>(1),(4)</sup> | 11/09/43 | 150000 | 127173 |
|  NY Commercial Mortgage Trust Series 2025-299P, Class C<br>6.38%<sup>(1),(4)</sup> | 02/10/47 | 44000 | 45325 |
|  NYC Commercial Mortgage Trust Series 2021-909, Class A<br>2.94%<sup>(1)</sup> | 04/10/43 | 100000 | 86114 |
|  NYC Commercial Mortgage Trust Series 2021-909, Class C<br>3.31%<sup>(1),(4)</sup> | 04/10/43 | 100000 | 80237 |
|  NYC Commercial Mortgage Trust Series 2025-1155, Class A<br>5.83%<sup>(1)</sup> | 06/10/42 | 177000 | 178166 |
|  NYCT Trust Series 2024-3ELV, Class C<br>7.15% (1 mo. USD Term SOFR + 2.840%)<sup>(1),(2)</sup> | 08/15/29 | 100000 | 99536 |
|  NYCT Trust Series 2024-3ELV, Class D<br>8.15% (1 mo. USD Term SOFR + 3.838%)<sup>(1),(2)</sup> | 08/15/29 | 100000 | 99293 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class C<br>6.42% (1 mo. USD Term SOFR + 2.109%)<sup>(1),(2)</sup> | 11/15/38 | 140000 | 139365 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class D<br>6.97% (1 mo. USD Term SOFR + 2.659%)<sup>(1),(2)</sup> | 11/15/38 | 150000 | 147386 |
|  One New York Plaza Trust Series 2020-1NYP, Class AJ<br>5.68% (1 mo. USD Term SOFR + 1.364%)<sup>(1),(2)</sup> | 01/15/36 | 150000 | 144838 |
|  Progress Residential Trust Series 2021-SFR3, Class E1<br>2.54%<sup>(1)</sup> | 05/17/26 | 40000 | 39336 |
|  RIDE Series 2025-SHRE, Class D<br>6.97%<sup>(1),(4)</sup> | 02/14/47 | 100000 | 102037 |
|  SFO Commercial Mortgage Trust Series 2021-555, Class B<br>5.93% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 05/15/38 | 100000 | 99381 |
|  Shops at Crystals Trust Series 2016-CSTL, Class C<br>3.86%<sup>(1),(4)</sup> | 07/05/36 | 50000 | 48761 |
|  SLG Office Trust Series 2021-OVA, Class C<br>2.85%<sup>(1)</sup> | 07/15/41 | 140000 | 122559 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class C<br>6.40% (1 mo. USD Term SOFR + 2.092%)<sup>(1),(2)</sup> | 02/15/42 | 25000 | 24792 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class E<br>7.65% (1 mo. USD Term SOFR + 3.340%)<sup>(1),(2)</sup> | 02/15/42 | 160000 | 158939 |
|  TEXAS Commercial Mortgage Trust Series 2025-TWR, Class D<br>7.40% (1 mo. USD Term SOFR + 3.091%)<sup>(1),(2)</sup> | 04/15/42 | 100000 | 100417 |
|  TTAN Series 2021-MHC, Class C<br>5.78% (1 mo. USD Term SOFR + 1.464%)<sup>(1),(2)</sup> | 03/15/38 | 80750 | 80825 |
|  TTAN Series 2021-MHC, Class F<br>7.33% (1 mo. USD Term SOFR + 3.014%)<sup>(1),(2)</sup> | 03/15/38 | 76904 | 77063 |
|  U.K. Logistics DAC Series 2025-1X, Class C<br>6.85% (1 day GBP SONIA + 2.500%)<sup>(2),(5)</sup> | 05/17/35 | 100000 | 137505 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | |
|:---|:---|:---|:---|
| **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)** |  |
|  Wells Fargo Commercial Mortgage Trust Series 2024-SVEN, Class C<br>6.53%<sup>(1),(4)</sup> | 06/10/37 | $50000 | $50598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $5,658,471) |  |  | 5705596 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES —AGENCY—1.3%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates Series 2021-ML12, Class X<br>1.30%<sup>(1),(4)</sup> | 07/25/41 | 1058896 | 94136 |
|  Government National Mortgage Association Series 2021-17 (I/O)<br>1.05%<sup>(4)</sup> | 01/16/61 | 685066 | 54356 |
|  Government National Mortgage Association Series 2021-36 (I/O)<br>1.29%<sup>(4)</sup> | 03/16/63 | 596707 | 49446 |
|  Government National Mortgage Association Series 2023-127 (I/O)<br>0.40%<sup>(4)</sup> | 07/16/57 | 2526585 | 45433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $255,483) |  |  | 243371 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—11.7%** |  |  |  |
|  Ajax Mortgage Loan Trust Series 2021-G, Class A<br>4.88%<sup>(1),(4)</sup> | 06/25/61 | 48951 | 48813 |
|  BINOM Securitization Trust Series 2022-RPL1, Class M1<br>3.00%<sup>(1),(4)</sup> | 02/25/61 | 50000 | 40695 |
|  Cascade MH Asset Trust Series 2019-MH1, Class A<br>4.00%<sup>(1),(4)</sup> | 11/25/44 | 34599 | 33043 |
|  Cascade MH Asset Trust Series 2021-MH1, Class A1<br>1.75%<sup>(1)</sup> | 02/25/46 | 54467 | 49839 |
|  Cascade MH Asset Trust Series 2022-MH1, Class A<br>4.25%<sup>(1)</sup> | 08/25/54 | 83501 | 81061 |
|  CIM Trust Series 2019-R4, Class A1<br>3.00%<sup>(1),(4)</sup> | 10/25/59 | 146637 | 136673 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(4)</sup> | 12/25/60 | 43392 | 39713 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(4)</sup> | 06/25/57 | 113631 | 105172 |
|  CSMC Trust Series 2020-RPL4, Class A1<br>2.00%<sup>(1),(4)</sup> | 01/25/60 | 51934 | 46919 |
|  CSMC Trust Series 2021-RPL3, Class M3<br>4.01%<sup>(1),(4)</sup> | 01/25/60 | 90000 | 71086 |
|  CSMC Trust Series 2021-RPL4, Class A1<br>4.12%<sup>(1),(4)</sup> | 12/27/60 | 60429 | 60231 |
|  CSMC Trust Series 2021-RPL9, Class A1<br>3.78%<sup>(1),(4)</sup> | 02/25/61 | 68584 | 67972 |
|  CSMCM Trust Series 2021-RP11, Class CERT<br>3.78%<sup>(1)</sup> | 10/27/61 | 68308 | 52906 |
|  JPMorgan Mortgage Trust Series 2025-CES2, Class M1<br>6.24%<sup>(1)</sup> | 06/25/55 | 100000 | 100807 |
|  Legacy Mortgage Asset Trust Series 2021-GS4, Class A1<br>4.65%<sup>(1)</sup> | 11/25/60 | 43997 | 44022 |
|  Legacy Mortgage Asset Trust Series 2021-GS5, Class A1<br>5.25%<sup>(1)</sup> | 07/25/67 | 144762 | 144596 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2B<br>4.77% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 05/25/37 | 11622 | 8392 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2D<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/37 | 43363 | 43480 |
|  MFA Trust Series 2023-INV2, Class B1<br>7.96%<sup>(1),(4)</sup> | 10/25/58 | 30000 | 30015 |
|  PRKCM Trust Series 2021-AFC1, Class A1<br>1.51%<sup>(1),(4)</sup> | 08/25/56 | 31420 | 26085 |
|  PRPM LLC Series 2024-RPL1, Class A3<br>4.10%<sup>(1),(4)</sup> | 12/25/64 | 150000 | 143593 |
|  Soundview Home Loan Trust Series 2007-OPT2, Class 2A4<br>4.68% (1 mo. USD Term SOFR + 0.364%)<sup>(2)</sup> | 07/25/37 | 127322 | 103721 |
|  Towd Point Mortgage Trust Series 2015-1, Class B1<br>4.68%<sup>(1),(4)</sup> | 10/25/53 | 45000 | 43273 |
|  Towd Point Mortgage Trust Series 2019-2, Class M1<br>3.75%<sup>(1),(4)</sup> | 12/25/58 | 100000 | 86355 |
|  Towd Point Mortgage Trust Series 2019-HY2, Class M2<br>6.33% (1 mo. USD Term SOFR + 2.014%)<sup>(1),(2)</sup> | 05/25/58 | 110000 | 110755 |
|  Towd Point Mortgage Trust Series 2020-MH1, Class A1A<br>2.18%<sup>(1),(4)</sup> | 02/25/60 | 85715 | 83630 |
|  Towd Point Mortgage Trust Series 2020-MH1, Class M2A<br>2.75%<sup>(1),(4)</sup> | 02/25/60 | 125000 | 117396 |
|  Verus Securitization Trust Series 2024-INV2, Class B1<br>6.93%<sup>(1)</sup> | 08/26/69 | 100000 | 98773 |
|  Verus Securitization Trust Series 2025-1, Class B1<br>7.01%<sup>(1),(4)</sup> | 01/25/70 | 24000 | 24051 |
|  Verus Securitization Trust Series 2025-3, Class B1<br>7.52%<sup>(1),(4)</sup> | 05/25/70 | 100000 | 101562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $2,078,774) |  |  | 2144629 |
|  **U.S. TREASURY SECURITIES—8.6%** |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 05/15/55 | 503000 | 500289 |
|  U.S. Treasury Inflation-Indexed Notes<br>2.13% | 01/15/35 | 168722 | 171533 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 06/30/27 | 42000 | 42028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 | 469000 | 470850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 | 396000 | 396712 |
|  **Total U.S. Treasury Securities** (Cost: $1,561,859) |  |  | 1581412 |
|  **Total Fixed Income Securities** (Cost: $20,689,866) |  |  | 20637572 |
| **Issues** |  | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS—1.9%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.27%<sup>(6)</sup> |  | 77854 | 77854 |
|  TCW Central Cash Fund, 4.33%<sup>(6),(7)</sup> |  | 280441 | 280441 |
|  **Total Money Market Investments** (Cost: $358,295) |  |  | 358295 |
|  **Total Investments (114.3%)** (Cost: $21,048,161) |  |  | 20995867 |
|  **Liabilities In Excess Of Other Assets (-14.3%)** |  |  | (2627830) |
|  **Net Assets (100.0%)** |  |  | $18368037 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **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** |  |  |  |  |  |
| 17 | 10-Year U.S. Treasury Note Futures | 09/19/25 | $1886478 | $1942516 | $56038 |
| 6 | U.S. Ultra Long Bond Futures | 09/19/25 | 679418 | 714750 | 35332 |
| 17 | 2-Year U.S. Treasury Note Futures | 09/30/25 | 3522341 | 3536398 | 14057 |
|  |  |  | $**6088237** | $**6193664** | $**105427** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 8 | 5-Year U.S. Treasury Note Futures | 09/30/25 | $(862612) | $(872000) | $(9388) |
|  |  |  | $**(862612)** | $**(872000)** | $**(9388)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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<br>Exchange**<br>**for USD** | **Contracts**<br>**at Value** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **SELL*<sup>(9)</sup>*** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | GBP | 299447 | 07/11/25 | $399068 | $410364 | $(11296) |
|  |  |  |  | $**399068** | $**410364** | $**(11296)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| CLO | Collateralized Loan Obligation. |
| GBP | British Pound Sterling. |
| I/O | Interest Only Security. |
| 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 June 30, 2025, the value of these securities amounted to $11,039,177 or 60.1% 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 June 30, 2025. |
| (3) | 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. |
| (4) | 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. |
| (5) | 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 June 30, 2025, the value of these securities amounted to $268,552 or 1.5% of net assets. |
| (6) | Rate disclosed is the 7-day net yield as of June 30, 2025. |
| (7) | Affiliated issuer. |
| (8) | Fund buys foreign currency, sells USD. |
| (9) | Fund sells foreign currency, buys USD. |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| SCHEDULE OF INVESTMENTS (Unaudited) | June 30, 2025 |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**March 31,**<br>**2025** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**June 30,**<br>**2025** | **Value at June 30,<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 | $1172$| 5329269 | $5050000 | 280441 | $280441 | $6091 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $280441 | $6091 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Sustainable Securitized Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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 | $— | $7415993 | $— | $7415993 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 5705596 |  | 5705596 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 3546571 |  | 3546571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 2144629 |  | 2144629 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 1581412 |  |  | 1581412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 243371 |  | 243371 |
|  Total Fixed Income Securities | 1581412 | 19056160 |  | 20637572 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 358295 |  |  | 358295 |
|  Total Investments | $1939707 | $19056160 | $— | $20995867 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 105427 |  |  | 105427 |
|  Total | $2045134 | $19056160 | $— | $21101294 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (9388) |  |  | (9388) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (11296) |  | (11296) |
|  Total | $(9388) | $(11296) | $— | $(20684) |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—99.1% of Net Assets** | **FIXED INCOME SECURITIES—99.1% of Net Assets** |  |  |
|  **ASSET-BACKED SECURITIES—4.4%** |  |  |  |
|  Allegro CLO XIII Ltd. Series 2021-1A, Class B<br>6.23% (3 mo. USD Term SOFR + 1.962%)<sup>(1),(2)</sup> | 07/20/34 | $15610000 | $15629185 |
|  AMMC CLO 15 Ltd. Series 2014-15A, Class AR3<br>5.64% (3 mo. USD Term SOFR + 1.382%)<sup>(1),(2)</sup> | 01/15/32 | 1197677 | 1198070 |
|  AMMC CLO 30 Ltd. Series 2024-30A, Class A1<br>5.94% (3 mo. USD Term SOFR + 1.680%)<sup>(1),(2)</sup> | 01/15/37 | 24070000 | 24146735 |
|  Apidos CLO XV Ltd. Series 2013-15A, Class BRR<br>6.08% (3 mo. USD Term SOFR + 1.812%)<sup>(1),(2)</sup> | 04/20/31 | 10000000 | 10015380 |
|  ARES XXXVII CLO Ltd. Series 2015-4A, Class A1R<br>5.34% (3 mo. USD Term SOFR + 1.080%)<sup>(1),(2)</sup> | 10/15/30 | 13302110 | 13304944 |
|  Barings CLO Ltd. Series 2018-4A, Class A1R<br>5.41% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/15/30 | 13919958 | 13929270 |
|  BCRED MML CLO LLC Series 2022-1A, Class A1<br>5.92% (3 mo. USD Term SOFR + 1.650%)<sup>(1),(2)</sup> | 04/20/35 | 48400000 | 48470519 |
|  Carvana Auto Receivables Trust Series 2021-N1, Class R<br>0.00%<sup>(1),(3)</sup> | 01/10/28 | 53821 | 5096487 |
|  Carvana Auto Receivables Trust Series 2021-P4, Class R<br>0.00%<sup>(1),(3),(4)</sup> | 09/11/28 | 43250 | 5948127 |
|  Carvana Auto Receivables Trust Series 2023-N1, Class R<br>0.00%<sup>(1),(3)</sup> | 04/10/30 | 30000 | 7598381 |
|  Carvana Auto Receivables Trust Series 2023-N1, Class XS<br>0.00%<sup>(1),(5)</sup> | 04/10/30 | 230200634 | 2869911 |
|  Carvana Auto Receivables Trust Series 2023-N3, Class R<br>0.00%<sup>(1),(3)</sup> | 09/10/30 | 30900 | 6584838 |
|  Cedar Funding II CLO Ltd. Series 2013-1A, Class BRR<br>5.88% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(2)</sup> | 04/20/34 | 4800000 | 4805923 |
|  Cedar Funding V CLO Ltd. Series 2016-5A, Class BR<br>6.29% (3 mo. USD Term SOFR + 2.012%)<sup>(1),(2)</sup> | 07/17/31 | 7000000 | 7021000 |
|  CIFC Funding Ltd. Series 2013-2A, Class A2L<br>6.03% (3 mo. USD Term SOFR + 1.762%)<sup>(1),(2)</sup> | 10/18/30 | 10500000 | 10517189 |
|  CIFC Funding Ltd. Series 2014-1A, Class BR2<br>5.93% (3 mo. USD Term SOFR + 1.662%)<sup>(1),(2)</sup> | 01/18/31 | 8000000 | 8018752 |
|  CIFC Funding Ltd. Series 2017-4A, Class A2R<br>6.09% (3 mo. USD Term SOFR + 1.812%)<sup>(1),(2)</sup> | 10/24/30 | 3475000 | 3478465 |
|  CIFC Funding Ltd. Series 2020-2A, Class BR<br>6.13% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 10/20/34 | 9000000 | 9011349 |
|  CIFC Funding Ltd. Series 2021-6A, Class B<br>6.17% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 10/15/34 | 20000000 | 20024680 |
|  CIFC Funding Ltd. Series 2022-1A, Class A<br>5.60% (3 mo. USD Term SOFR + 1.320%)<sup>(1),(2)</sup> | 04/17/35 | 25000000 | 25062500 |
|  CIFC Funding Ltd. Series 2023-2A, Class A<br>6.02% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(2)</sup> | 01/21/37 | 14000000 | 14052388 |
|  CIT Education Loan Trust Series 2007-1, Class B<br>4.90% (90 day USD SOFR Average + 0.562%)<sup>(1),(2)</sup> | 06/25/42 | 4763651 | 4453945 |
|  CVC Cordatus Loan Fund VIII DAC Series 8X, Class BRR<br>3.68% (3 mo. EUR EURIBOR + 1.400%)<sup>(2),(6)</sup> | 07/15/34 | 8200000 | 9600112 |
|  Dryden 30 Senior Loan Fund Series 2013-30A, Class BR<br>5.84% (3 mo. USD Term SOFR + 1.512%)<sup>(1),(2)</sup> | 11/15/28 | 1500000 | 1501257 |
|  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 | 12028865 | 12046307 |
|  Dryden 65 CLO Ltd. Series 2018-65A, Class B<br>6.13% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 07/18/30 | 3500000 | 3504963 |
|  Dryden 92 CLO Ltd. Series 2021-92A, Class B<br>6.23% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 11/20/34 | 22500000 | 22531118 |
|  Dryden XXVI Senior Loan Fund Series 2013-26A, Class AR<br>5.42% (3 mo. USD Term SOFR + 1.162%)<sup>(1),(2)</sup> | 04/15/29 | 6890896 | 6899840 |
|  Eaton Vance CLO Ltd. Series 2013-1A, Class A13R<br>5.77% (3 mo. USD Term SOFR + 1.512%)<sup>(1),(2)</sup> | 01/15/34 | 23650000 | 23672822 |
|  Fillmore Park CLO Ltd. Series 2018-1A, Class B1B<br>6.07% (3 mo. USD Term SOFR + 1.812%)<sup>(1),(2)</sup> | 07/15/30 | 8000000 | 8020456 |
|  Goal Capital Funding Trust Series 2006-1, Class B<br>5.30% (3 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 08/25/42 | 855992 | 815178 |
|  Greenwood Park CLO Ltd. Series 2018-1A, Class B<br>5.92% (3 mo. USD Term SOFR + 1.662%)<sup>(1),(2)</sup> | 04/15/31 | 10000000 | 10020890 |
|  HPS Loan Management Ltd. Series 15A-19, Class A1R<br>5.59% (3 mo. USD Term SOFR + 1.320%)<sup>(1),(2)</sup> | 01/22/35 | 34710000 | 34731520 |
|  HPS Loan Management Ltd. Series 2021-16A, Class B<br>6.24% (3 mo. USD Term SOFR + 1.962%)<sup>(1),(2)</sup> | 01/23/35 | 19250000 | 19280973 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)**  | **ASSET-BACKED SECURITIES (Continued)**  |  |  |
|  HPS Loan Management Ltd. Series 2023-18A, Class B<br>7.22% (3 mo. USD Term SOFR + 2.950%)<sup>(1),(2)</sup> | 07/20/36 | $10000000 | $10024650 |
|  JGWPT XXX LLC Series 2013-3A, Class A<br>4.08%<sup>(1)</sup> | 01/17/73 | 414604 | 391355 |
|  JGWPT XXXII LLC Series 2014-2A, Class A<br>3.61%<sup>(1)</sup> | 01/17/73 | 26573534 | 24055633 |
|  LCM Loan Income Fund I Ltd. Series 1A, Class B<br>5.98% (3 mo. USD Term SOFR + 1.712%)<sup>(1),(2)</sup> | 04/20/31 | 7500000 | 7507500 |
|  LCM XIV LP Series 14A, Class AR<br>5.57% (3 mo. USD Term SOFR + 1.302%)<sup>(1),(2)</sup> | 07/20/31 | 2019167 | 2019904 |
|  LCM XIV LP Series 14A, Class BR<br>6.11% (3 mo. USD Term SOFR + 1.842%)<sup>(1),(2)</sup> | 07/20/31 | 3385000 | 3388977 |
|  Madison Park Funding XLIX Ltd. Series 2021-49A, Class AR<br>5.32% (3 mo. USD Term SOFR + 1.050%)<sup>(1),(2)</sup> | 10/19/34 | 40000000 | 39967320 |
|  Madison Park Funding XLVI Ltd. Series 2020-46A, Class B1R<br>5.76% (3 mo. USD Term SOFR + 1.500%)<sup>(1),(2)</sup> | 10/15/34 | 33270000 | 33154520 |
|  Madison Park Funding XLVIII Ltd. Series 2021-48A, Class A<br>5.68% (3 mo. USD Term SOFR + 1.412%)<sup>(1),(2)</sup> | 04/19/33 | 27765739 | 27840262 |
|  Madison Park Funding XXIV Ltd. Series 2016-24A, Class AR2<br>5.39% (3 mo. USD Term SOFR + 1.120%)<sup>(1),(2)</sup> | 10/20/29 | 11091524 | 11096360 |
|  Madison Park Funding XXVII Ltd. Series 2018-27A, Class A2R<br>5.82% (3 mo. USD Term SOFR + 1.500%)<sup>(1),(2)</sup> | 04/20/38 | 32300000 | 32416280 |
|  Madison Park Funding XXXVI Ltd. Series 2019-36A, Class B1R<br>5.81% (3 mo. USD Term SOFR + 1.550%)<sup>(1),(2)</sup> | 04/15/35 | 13350000 | 13298562 |
|  Madison Park Funding XXXVIII Ltd. Series 2021-38A, Class A<br>5.66% (3 mo. USD Term SOFR + 1.382%)<sup>(1),(2)</sup> | 07/17/34 | 10500000 | 10509975 |
|  Magnetite XII Ltd. Series 2015-12A, Class AR4<br>5.41% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/15/31 | 14643837 | 14647557 |
|  Magnetite XXIII Ltd. Series 2019-23A, Class BR<br>6.19% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 01/25/35 | 20000000 | 20035880 |
|  Magnetite XXV Ltd. Series 2020-25A, Class A<br>5.74% (3 mo. USD Term SOFR + 1.462%)<sup>(1),(2)</sup> | 01/25/32 | 17260291 | 17264658 |
|  MetroNet Infrastructure Issuer LLC<br>7.95% | 04/20/53 | 24026000 | 24332894 |
|  NCFA LLC<br>2.75%<sup>(7)</sup> | 06/12/28 | 15769495 | 15769495 |
|  Neuberger Berman Loan Advisers CLO 43Ltd. Series 2021- 43A, Class AR<br>5.33% (3 mo. USD Term SOFR + 1.050%)<sup>(1),(2)</sup> | 07/17/36 | 35000000 | 34958000 |
|  Neuberger Berman Loan Advisers CLO 47 Ltd. Series 2022- 47A, Class A<br>5.54% (3 mo. USD Term SOFR + 1.300%)<sup>(1),(2)</sup> | 04/14/35 | 32050000 | 32096376 |
|  NYACK Park CLO Ltd. Series 2021-1A, Class B1<br>6.13% (3 mo. USD Term SOFR + 1.862%)<sup>(1),(2)</sup> | 10/20/34 | 20000000 | 20062140 |
|  Octagon 64 Ltd. Series 2022-1A, Class B1R<br>6.02% (3 mo. USD Term SOFR + 1.700%)<sup>(1),(2)</sup> | 07/21/37 | 18250000 | 18277375 |
|  Octagon Investment Partners 27 Ltd. Series 2016-1A, Class A2R<br>5.87% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(2)</sup> | 07/15/30 | 10000000 | 10006060 |
|  Octagon Investment Partners 44 Ltd. Series 2019-1A, Class BR<br>6.22% (3 mo. USD Term SOFR + 1.962%)<sup>(1),(2)</sup> | 10/15/34 | 18800000 | 18821526 |
|  Octagon Investment Partners 46 Ltd. Series 2020-2A, Class BR<br>6.17% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 07/15/36 | 7250000 | 7257881 |
|  OHA Credit Funding 7 Ltd. Series 2020-7A, Class AR<br>5.57% (3 mo. USD Term SOFR + 1.300%)<sup>(1),(2)</sup> | 02/24/37 | 6960000 | 6960348 |
|  Palmer Square CLO Ltd. Series 2018-1A, Class A1R<br>5.79% (3 mo. USD Term SOFR + 1.520%)<sup>(1),(2)</sup> | 04/18/37 | 22000000 | 22077594 |
|  Palmer Square CLO Ltd. Series 2021-4A, Class B<br>6.17% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 10/15/34 | 19500000 | 19500975 |
|  Rad CLO 18 Ltd. Series 2023-18A, Class A1R<br>5.72% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 07/15/37 | 22150000 | 22192085 |
|  Rad CLO 4 Ltd. Series 2019-4A, Class AR<br>5.51% (3 mo. USD Term SOFR + 1.230%)<sup>(1),(2)</sup> | 04/25/32 | 7031406 | 7040547 |
|  Recette CLO Ltd. Series 2015-1A, Class ARR<br>5.61% (3 mo. USD Term SOFR + 1.342%)<sup>(1),(2)</sup> | 04/20/34 | 32680000 | 32774772 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)**  | **ASSET-BACKED SECURITIES (Continued)**  |  |  |
|  Rockford Tower CLO Ltd. Series 2017-2A, Class AR<br>5.54% (3 mo. USD Term SOFR + 1.282%)<sup>(1),(2)</sup> | 10/15/29 | $1687624 | $1688648 |
|  Rockford Tower CLO Ltd. Series 2017-3A, Class A<br>5.72% (3 mo. USD Term SOFR + 1.452%)<sup>(1),(2)</sup> | 10/20/30 | 1179835 | 1181081 |
|  Rockford Tower CLO Ltd. Series 2020-1A, Class A1RR<br>5.36% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 01/20/36 | 22730000 | 22735887 |
|  RR 26 Ltd. Series 2023-26A, Class A1R<br>5.38% (3 mo. USD Term SOFR + 1.120%)<sup>(1),(2)</sup> | 04/15/38 | 34500000 | 34503450 |
|  Sixth Street CLO XX Ltd. Series 2021-20A, Class B<br>6.18% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 10/20/34 | 25000000 | 25001250 |
|  Skyline Aviation, Inc. Class A<br>3.23% | 07/03/38 | 24091780 | 22423236 |
|  SLC Student Loan Trust Series 2004-1, Class B<br>4.91% (90 day USD SOFR Average + 0.552%)<sup>(2)</sup> | 08/15/31 | 160966 | 141962 |
|  SLM Student Loan Trust Series 2003-12, Class B<br>5.19% (90 day USD SOFR Average + 0.852%)<sup>(2)</sup> | 12/15/68 | 24608 | 23421 |
|  SLM Student Loan Trust Series 2006-2, Class A6<br>4.79% (90 day USD SOFR Average + 0.432%)<sup>(2)</sup> | 01/25/41 | 16248028 | 15677906 |
|  SLM Student Loan Trust Series 2006-8, Class A6<br>4.78% (90 day USD SOFR Average + 0.422%)<sup>(2)</sup> | 01/25/41 | 17499591 | 16832119 |
|  SLM Student Loan Trust Series 2007-1, Class A6<br>4.76% (90 day USD SOFR Average + 0.402%)<sup>(2)</sup> | 01/27/42 | 17251507 | 16522474 |
|  SLM Student Loan Trust Series 2007-1, Class B<br>4.84% (90 day USD SOFR Average + 0.482%)<sup>(2)</sup> | 01/27/42 | 2016533 | 1855573 |
|  SLM Student Loan Trust Series 2007-6, Class B<br>5.47% (90 day USD SOFR Average + 1.112%)<sup>(2)</sup> | 04/27/43 | 2493115 | 2349668 |
|  SLM Student Loan Trust Series 2007-7, Class A4<br>4.95% (90 day USD SOFR Average + 0.592%)<sup>(2)</sup> | 01/25/22 | 89766 | 88115 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 01/25/83 | 38874000 | 39874757 |
|  SLM Student Loan Trust Series 2008-3, Class A3<br>5.62% (90 day USD SOFR Average + 1.262%)<sup>(2)</sup> | 10/25/21 | 5693 | 5641 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(2)</sup> | 04/26/83 | 2260000 | 2268588 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.27% (90 day USD SOFR Average + 1.912%)<sup>(2)</sup> | 07/25/22 | 655665 | 657518 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 04/25/73 | 8849000 | 9395318 |
|  SLM Student Loan Trust Series 2008-5, Class A4<br>6.32% (90 day USD SOFR Average + 1.962%)<sup>(2)</sup> | 07/25/23 | 8505198 | 8539864 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/25/73 | 37199000 | 37842669 |
|  SLM Student Loan Trust Series 2008-6, Class A4<br>5.72% (90 day USD SOFR Average + 1.362%)<sup>(2)</sup> | 07/26/83 | 3250587 | 3215416 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 31424000 | 31570430 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(2)</sup> | 07/26/83 | 17206000 | 17426911 |
|  SLM Student Loan Trust Series 2012-1, Class A3<br>5.37% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 09/25/28 | 297638 | 292603 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>5.12% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 01/25/29 | 6794669 | 6647103 |
|  SLM Student Loan Trust Series 2012-7, Class A3<br>5.07% (30 day USD SOFR Average + 0.764%)<sup>(2)</sup> | 05/26/26 | 11657514 | 11316624 |
|  Symphony CLO XX Ltd. Series 2018-20A, Class AR2<br>5.36% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 01/16/32 | 31062812 | 31070826 |
|  Symphony CLO XXIX Ltd. Series 2021-29A, Class B<br>6.17% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 01/15/34 | 14500000 | 14519169 |
|  Trestles CLO VIII Ltd. Series 2025-8A, Class A1<br>5.63% (3 mo. USD Term SOFR + 1.330%)<sup>(1),(2)</sup> | 06/11/35 | 20000000 | 20032000 |
|  United Auto Credit Securitization Trust Series 2022-2, Class R1<br>0.00%<sup>(1),(3),(4)</sup> | 04/10/29 | 33600 | 2 |
|  Vantage Data Centers Jersey Borrower SPV Ltd. Series 2024-1A, Class A2<br>6.17%<sup>(1)</sup> | 05/28/39 | 12435000 | 17516807 |
|  Voya CLO Ltd. Series 2016-3A, Class A1R2<br>5.42% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/18/31 | 23296429 | 23330116 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)**  | **ASSET-BACKED SECURITIES (Continued)**  |  |  |
|  Voya CLO Ltd. Series 2019-4A, Class BR<br>6.27% (3 mo. USD Term SOFR + 2.012%)<sup>(1),(2)</sup> | 01/15/35 | $17500000 | $17521053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $1,399,011,765) |  |  | 1427679140 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—36.6%** |  |  |  |
|  Federal Home Loan Mortgage Corp., Pool #RA4201<br>2.00% | 12/01/50 | 7596201 | 6067414 |
|  Federal Home Loan Mortgage Corp., Pool #SD8121<br>2.00% | 01/01/51 | 102893 | 82152 |
|  Federal Home Loan Mortgage Corp., Pool #RA4398<br>2.00% | 01/01/51 | 66910773 | 53444523 |
|  Federal Home Loan Mortgage Corp., Pool #SD3302<br>2.00% | 10/01/51 | 53833793 | 42838198 |
|  Federal Home Loan Mortgage Corp., Pool #SD8182<br>2.00% | 12/01/51 | 23828451 | 18928224 |
|  Federal Home Loan Mortgage Corp., Pool #QD3162<br>2.00% | 12/01/51 | 124424106 | 98880180 |
|  Federal Home Loan Mortgage Corp., Pool #RA6507<br>2.00% | 12/01/51 | 112068515 | 89048872 |
|  Federal Home Loan Mortgage Corp., Pool #SD8188<br>2.00% | 01/01/52 | 37750768 | 29974304 |
|  Federal Home Loan Mortgage Corp., Pool #SD8193<br>2.00% | 02/01/52 | 71067690 | 56403321 |
|  Federal Home Loan Mortgage Corp., Pool #QD7213<br>2.00% | 02/01/52 | 87203338 | 69120980 |
|  Federal Home Loan Mortgage Corp., Pool #SD1178<br>2.00% | 03/01/52 | 14580754 | 11572107 |
|  Federal Home Loan Mortgage Corp., Pool #QE0312<br>2.00% | 04/01/52 | 5855008 | 4640922 |
|  Federal Home Loan Mortgage Corp., Pool #SD8211<br>2.00% | 05/01/52 | 10642496 | 8435683 |
|  Federal Home Loan Mortgage Corp., Pool #RA5285<br>2.50% | 05/01/51 | 98829939 | 82938360 |
|  Federal Home Loan Mortgage Corp., Pool #SD8189<br>2.50% | 01/01/52 | 312265482 | 260040448 |
|  Federal Home Loan Mortgage Corp., Pool #SD8205<br>2.50% | 04/01/52 | 210616491 | 175097985 |
|  Federal Home Loan Mortgage Corp., Pool #QE0521<br>2.50% | 04/01/52 | 2615745 | 2174624 |
|  Federal Home Loan Mortgage Corp., Pool #C04546<br>3.00% | 02/01/43 | 8405273 | 7650171 |
|  Federal Home Loan Mortgage Corp., Pool #C04573<br>3.00% | 03/01/43 | 10072187 | 9165983 |
|  Federal Home Loan Mortgage Corp., Pool #G08710<br>3.00% | 06/01/46 | 68183157 | 60719621 |
|  Federal Home Loan Mortgage Corp., Pool #G08715<br>3.00% | 08/01/46 | 93543792 | 83304203 |
|  Federal Home Loan Mortgage Corp., Pool #G08721<br>3.00% | 09/01/46 | 9436359 | 8403426 |
|  Federal Home Loan Mortgage Corp., Pool #ZM1779<br>3.00% | 09/01/46 | 10235271 | 9103171 |
|  Federal Home Loan Mortgage Corp., Pool #G08726<br>3.00% | 10/01/46 | 101687937 | 90556865 |
|  Federal Home Loan Mortgage Corp., Pool #G08732<br>3.00% | 11/01/46 | 62690951 | 55828609 |
|  Federal Home Loan Mortgage Corp., Pool #ZM2285<br>3.00% | 12/01/46 | 12242209 | 10888126 |
|  Federal Home Loan Mortgage Corp., Pool #ZS4693<br>3.00% | 12/01/46 | 12227594 | 10875128 |
|  Federal Home Loan Mortgage Corp., Pool #G08741<br>3.00% | 01/01/47 | 39969521 | 35594336 |
|  Federal Home Loan Mortgage Corp., Pool #G08747<br>3.00% | 02/01/47 | 14084169 | 12542473 |
|  Federal Home Loan Mortgage Corp., Pool #RE6029<br>3.00% | 02/01/50 | 3299636 | 2852433 |
|  Federal Home Loan Mortgage Corp., Pool #SD8213<br>3.00% | 05/01/52 | 124976105 | 108323614 |
|  Federal Home Loan Mortgage Corp., Pool #SD8220<br>3.00% | 06/01/52 | 111234115 | 96399763 |
|  Federal Home Loan Mortgage Corp., Pool #SD3890<br>3.00% | 08/01/52 | 85935732 | 74782733 |
|  Federal Home Loan Mortgage Corp., Pool #SD4636<br>3.00% | 01/01/53 | 97622662 | 84626229 |
|  Federal Home Loan Mortgage Corp., Pool #G07408<br>3.50% | 06/01/43 | 9327582 | 8766410 |
|  Federal Home Loan Mortgage Corp., Pool #U99097<br>3.50% | 07/01/43 | 22103301 | 20690236 |
|  Federal Home Loan Mortgage Corp., Pool #V80356<br>3.50% | 08/01/43 | 16170269 | 15198095 |
|  Federal Home Loan Mortgage Corp., Pool #G07848<br>3.50% | 04/01/44 | 45442938 | 42710858 |
|  Federal Home Loan Mortgage Corp., Pool #G07849<br>3.50% | 05/01/44 | 6081447 | 5715743 |
|  Federal Home Loan Mortgage Corp., Pool #G07924<br>3.50% | 01/01/45 | 6759449 | 6313723 |
|  Federal Home Loan Mortgage Corp., Pool #G60023<br>3.50% | 04/01/45 | 7264517 | 6793796 |
|  Federal Home Loan Mortgage Corp., Pool #G60080<br>3.50% | 06/01/45 | 76029343 | 70723545 |
|  Federal Home Loan Mortgage Corp., Pool #G60138<br>3.50% | 08/01/45 | 60287671 | 56161797 |
|  Federal Home Loan Mortgage Corp., Pool #G60238<br>3.50% | 10/01/45 | 23315497 | 21689300 |
|  Federal Home Loan Mortgage Corp., Pool #G08676<br>3.50% | 11/01/45 | 16863419 | 15633586 |
|  Federal Home Loan Mortgage Corp., Pool #G08681<br>3.50% | 12/01/45 | 11210726 | 10393138 |
|  Federal Home Loan Mortgage Corp., Pool #G08698<br>3.50% | 03/01/46 | 578 | 533 |
|  Federal Home Loan Mortgage Corp., Pool #G08711<br>3.50% | 06/01/46 | 4795769 | 4422873 |
|  Federal Home Loan Mortgage Corp., Pool #G67700<br>3.50% | 08/01/46 | 17936329 | 16603787 |
|  Federal Home Loan Mortgage Corp., Pool #G08722<br>3.50% | 09/01/46 | 21132685 | 19489509 |
|  Federal Home Loan Mortgage Corp., Pool #G08727<br>3.50% | 10/01/46 | 18808151 | 17345720 |
|  Federal Home Loan Mortgage Corp., Pool #ZT0277<br>3.50% | 10/01/46 | 1186564 | 1094326 |
|  Federal Home Loan Mortgage Corp., Pool #G08742<br>3.50% | 01/01/47 | 30258131 | 27905405 |
|  Federal Home Loan Mortgage Corp., Pool #G08757<br>3.50% | 04/01/47 | 10963085 | 10072744 |
|  Federal Home Loan Mortgage Corp., Pool #G67703<br>3.50% | 04/01/47 | 128892010 | 119316249 |
|  Federal Home Loan Mortgage Corp., Pool #G08779<br>3.50% | 09/01/47 | 42610 | 39149 |
|  Federal Home Loan Mortgage Corp., Pool #G08784<br>3.50% | 10/01/47 | 37713 | 34650 |
|  Federal Home Loan Mortgage Corp., Pool #G08792<br>3.50% | 12/01/47 | 32269 | 29649 |
|  Federal Home Loan Mortgage Corp., Pool #ZA5103<br>3.50% | 12/01/47 | 98354 | 90252 |
|  Federal Home Loan Mortgage Corp., Pool #ZA5128<br>3.50% | 12/01/47 | 335631 | 307986 |
|  Federal Home Loan Mortgage Corp., Pool #G67707<br>3.50% | 01/01/48 | 67258210 | 62296336 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Federal Home Loan Mortgage Corp., Pool #ZS4768<br>3.50% | 05/01/48 | $827873 | $757832 |
|  Federal Home Loan Mortgage Corp., Pool #SD7502<br>3.50% | 07/01/49 | 5533721 | 5066373 |
|  Federal Home Loan Mortgage Corp., Pool #SD7503<br>3.50% | 08/01/49 | 12152851 | 11146274 |
|  Federal Home Loan Mortgage Corp., Pool #SD7511<br>3.50% | 01/01/50 | 12634895 | 11588392 |
|  Federal Home Loan Mortgage Corp., Pool #A97038<br>4.00% | 02/01/41 | 4288450 | 4165185 |
|  Federal Home Loan Mortgage Corp., Pool #G06361<br>4.00% | 03/01/41 | 8454 | 8227 |
|  Federal Home Loan Mortgage Corp., Pool #G06499<br>4.00% | 03/01/41 | 3662856 | 3564697 |
|  Federal Home Loan Mortgage Corp., Pool #G06498<br>4.00% | 04/01/41 | 8521997 | 8293213 |
|  Federal Home Loan Mortgage Corp., Pool #Q05804<br>4.00% | 01/01/42 | 14481059 | 14066338 |
|  Federal Home Loan Mortgage Corp., Pool #G07786<br>4.00% | 08/01/44 | 73008365 | 70439006 |
|  Federal Home Loan Mortgage Corp., Pool #G07925<br>4.00% | 02/01/45 | 4825094 | 4638868 |
|  Federal Home Loan Mortgage Corp., Pool #G60344<br>4.00% | 12/01/45 | 56245 | 53680 |
|  Federal Home Loan Mortgage Corp., Pool #G08758<br>4.00% | 04/01/47 | 8479 | 8038 |
|  Federal Home Loan Mortgage Corp., Pool #G08762<br>4.00% | 05/01/47 | 8498386 | 8056354 |
|  Federal Home Loan Mortgage Corp., Pool #G67711<br>4.00% | 03/01/48 | 38102571 | 36245358 |
|  Federal Home Loan Mortgage Corp., Pool #G67713<br>4.00% | 06/01/48 | 339583 | 322622 |
|  Federal Home Loan Mortgage Corp., Pool #G67714<br>4.00% | 07/01/48 | 55614 | 52881 |
|  Federal Home Loan Mortgage Corp., Pool #G67717<br>4.00% | 11/01/48 | 46705322 | 44408191 |
|  Federal Home Loan Mortgage Corp., Pool #G05866<br>4.50% | 02/01/40 | 6129648 | 6126004 |
|  Federal Home Loan Mortgage Corp., Pool #G08843<br>4.50% | 10/01/48 | 4309697 | 4202076 |
|  Federal Home Loan Mortgage Corp., Pool #G08848<br>4.50% | 11/01/48 | 738166 | 719732 |
|  Federal Home Loan Mortgage Corp., Pool #SD2322<br>4.50% | 09/01/52 | 69243904 | 66453229 |
|  Federal Home Loan Mortgage Corp., Pool #SD8245<br>4.50% | 09/01/52 | 94853877 | 91019860 |
|  Federal Home Loan Mortgage Corp., Pool #SD8266<br>4.50% | 11/01/52 | 182963502 | 175539780 |
|  Federal Home Loan Mortgage Corp., Pool #SD2148<br>4.50% | 01/01/53 | 44606425 | 42878788 |
|  Federal Home Loan Mortgage Corp., Pool #G01515<br>5.00% | 02/01/33 | 171999 | 174920 |
|  Federal Home Loan Mortgage Corp., Pool #C01492<br>5.00% | 02/01/33 | 130708 | 132928 |
|  Federal Home Loan Mortgage Corp., Pool #A54856<br>5.00% | 01/01/34 | 1113320 | 1134091 |
|  Federal Home Loan Mortgage Corp., Pool #G02579<br>5.00% | 12/01/34 | 286579 | 291811 |
|  Federal Home Loan Mortgage Corp., Pool #A61164<br>5.00% | 04/01/36 | 3116 | 3173 |
|  Federal Home Loan Mortgage Corp., Pool #G08826<br>5.00% | 06/01/48 | 5968957 | 5970895 |
|  Federal Home Loan Mortgage Corp., Pool #G08833<br>5.00% | 07/01/48 | 3392846 | 3398912 |
|  Federal Home Loan Mortgage Corp., Pool #G08840<br>5.00% | 08/01/48 | 542947 | 543123 |
|  Federal Home Loan Mortgage Corp., Pool #G08838<br>5.00% | 09/01/48 | 1803105 | 1803690 |
|  Federal Home Loan Mortgage Corp., Pool #G08844<br>5.00% | 10/01/48 | 4843076 | 4844648 |
|  Federal Home Loan Mortgage Corp., Pool #G08849<br>5.00% | 11/01/48 | 1699721 | 1700273 |
|  Federal Home Loan Mortgage Corp., Pool #A25162<br>5.50% | 05/01/34 | 561349 | 579264 |
|  Federal Home Loan Mortgage Corp., Pool #A39012<br>5.50% | 06/01/35 | 13806 | 14311 |
|  Federal Home Loan Mortgage Corp., Pool #G02955<br>5.50% | 03/01/37 | 1260936 | 1306900 |
|  Federal Home Loan Mortgage Corp., Pool #H00790<br>5.50% | 05/01/37 | 2018 | 2089 |
|  Federal Home Loan Mortgage Corp., Pool #H05069<br>5.50% | 05/01/37 | 56979 | 58979 |
|  Federal Home Loan Mortgage Corp., Pool #G03357<br>5.50% | 08/01/37 | 281320 | 291155 |
|  Federal Home Loan Mortgage Corp., Pool #G03676<br>5.50% | 12/01/37 | 906749 | 938450 |
|  Federal Home Loan Mortgage Corp., Pool #G03783<br>5.50% | 01/01/38 | 633913 | 656043 |
|  Federal Home Loan Mortgage Corp., Pool #G04438<br>5.50% | 05/01/38 | 1888216 | 1953872 |
|  Federal Home Loan Mortgage Corp., Pool #G04703<br>5.50% | 08/01/38 | 1524897 | 1578100 |
|  Federal Home Loan Mortgage Corp., Pool #G04706<br>5.50% | 09/01/38 | 62720 | 64903 |
|  Federal Home Loan Mortgage Corp., Pool #SD8362<br>5.50% | 09/01/53 | 158296016 | 158702133 |
|  Federal Home Loan Mortgage Corp., Pool #G02884<br>6.00% | 04/01/37 | 903124 | 947751 |
|  Federal Home Loan Mortgage Corp., Pool #G03985<br>6.00% | 03/01/38 | 4848 | 5094 |
|  Federal Home Loan Mortgage Corp., Pool #C46104<br>6.50% | 09/01/29 | 1702 | 1735 |
|  Federal Home Loan Mortgage Corp., Pool #A24156<br>6.50% | 10/01/31 | 24733 | 25594 |
|  Federal Home Loan Mortgage Corp., Pool #G00992<br>7.00% | 11/01/28 | 123 | 127 |
|  Federal Home Loan Mortgage Corp., Pool #C55789<br>7.50% | 10/01/27 | 162 | 163 |
|  Federal Home Loan Mortgage Corp. REMICS Series 1980, Class Z<br>7.00% | 07/15/27 | 6100 | 6195 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2098, Class TZ (TAC)<br>6.00% | 01/15/28 | 33490 | 33562 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2174, Class PN (PAC)<br>6.00% | 07/15/29 | 3678 | 3742 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2313, Class LA<br>6.50% | 05/15/31 | 1166 | 1178 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2433, Class SA (I/F) (PAC)<br>9.44% (-30 day USD SOFR Average + 20.632%)<sup>(2)</sup> | 02/15/32 | 2878 | 3211 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2481, Class AW<br>6.50% | 08/15/32 | 2034 | 2044 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Federal Home Loan Mortgage Corp. REMICS Series 3019, Class SW (I/O) (I/F)<br>2.78% (-30 day USD SOFR Average + 7.086%)<sup>(2)</sup> | 08/15/35 | $440451 | $48919 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3063, Class YG (PAC)<br>5.50% | 11/15/35 | 1159678 | 1187150 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3300, Class SA (I/O) (I/F)<br>2.78% (-30 day USD SOFR Average + 7.086%)<sup>(2)</sup> | 08/15/35 | 194733 | 21628 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3752, Class XL (PAC)<br>4.50% | 11/15/40 | 20537471 | 20377350 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3891, Class HS (I/O) (I/F)<br>1.53% (-30 day USD SOFR Average + 5.836%)<sup>(2)</sup> | 07/15/41 | 2356481 | 209023 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3904, Class JB (PAC)<br>4.50% | 08/15/41 | 4563554 | 4524730 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3925, Class LB (PAC)<br>4.50% | 09/15/41 | 9215000 | 9109563 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3928, Class JD (PAC)<br>4.00% | 09/15/41 | 11012861 | 10984940 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4102, Class TC (PAC)<br>2.50% | 09/15/41 | 2900494 | 2835310 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4161, Class BA (PAC)<br>2.50% | 12/15/41 | 4144683 | 4064951 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4656, Class EZ<br>4.00% | 02/15/47 | 215654 | 203671 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4818, Class CA<br>3.00% | 04/15/48 | 957826 | 845787 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4846, Class PA<br>4.00% | 06/15/47 | 39857 | 39600 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4852, Class CA (PAC)<br>4.00% | 11/15/47 | 4080547 | 4051275 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4860, Class BH (PAC)<br>3.50% | 10/15/48 | 1870794 | 1808370 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4860, Class PA (PAC)<br>3.50% | 02/15/49 | 1689814 | 1568808 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4879, Class BC (PAC)<br>3.00% | 04/15/49 | 579299 | 521239 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4896, Class DA<br>3.00% | 01/15/49 | 552905 | 500070 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4937, Class MF<br>4.87% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 12/25/49 | 4311144 | 4189091 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 309 (P/O)<br>0.00% <sup>(5)</sup> | 08/15/43 | 9133648 | 6590032 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 319, Class F2<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 11/15/43 | 1629473 | 1613949 |
|  Federal National Mortgage Association, Pool #MA4128<br>2.00% | 09/01/40 | 104567212 | 90173785 |
|  Federal National Mortgage Association, Pool #MA4333<br>2.00% | 05/01/41 | 61146521 | 52574656 |
|  Federal National Mortgage Association, Pool #MA4158<br>2.00% | 10/01/50 | 152127808 | 121620177 |
|  Federal National Mortgage Association, Pool #MA4237<br>2.00% | 01/01/51 | 2065004 | 1643650 |
|  Federal National Mortgage Association, Pool #MA4281<br>2.00% | 03/01/51 | 33602340 | 26802891 |
|  Federal National Mortgage Association, Pool #MA4305<br>2.00% | 04/01/51 | 75562236 | 60234019 |
|  Federal National Mortgage Association, Pool #CB2365<br>2.00% | 09/01/51 | 142458261 | 113311358 |
|  Federal National Mortgage Association, Pool #BQ6913<br>2.00% | 12/01/51 | 397416833 | 315828254 |
|  Federal National Mortgage Association, Pool #MA4492<br>2.00% | 12/01/51 | 83435101 | 66277001 |
|  Federal National Mortgage Association, Pool #BQ7006<br>2.00% | 01/01/52 | 94840504 | 75336928 |
|  Federal National Mortgage Association, Pool #BU1452<br>2.00% | 01/01/52 | 94994981 | 75393366 |
|  Federal National Mortgage Association, Pool #CB2767<br>2.00% | 01/01/52 | 63651606 | 50808760 |
|  Federal National Mortgage Association, Pool #MA4547<br>2.00% | 02/01/52 | 16646712 | 13211768 |
|  Federal National Mortgage Association, Pool #FS1622<br>2.00% | 03/01/52 | 175674102 | 139669972 |
|  Federal National Mortgage Association, Pool #CB0610<br>2.50% | 05/01/51 | 52359530 | 44051665 |
|  Federal National Mortgage Association, Pool #CB2313<br>2.50% | 12/01/51 | 131930466 | 110731449 |
|  Federal National Mortgage Association, Pool #MA4493<br>2.50% | 12/01/51 | 132457436 | 110345537 |
|  Federal National Mortgage Association, Pool #FS2536<br>2.50% | 02/01/52 | 3348469 | 2793768 |
|  Federal National Mortgage Association, Pool #MA4563<br>2.50% | 03/01/52 | 190971930 | 158766295 |
|  Federal National Mortgage Association, Pool #BV2994<br>2.50% | 04/01/52 | 2390063 | 1987001 |
|  Federal National Mortgage Association, Pool #MA4578<br>2.50% | 04/01/52 | 250058822 | 207724508 |
|  Federal National Mortgage Association, Pool #MA1432<br>3.00% | 05/01/33 | 26233 | 25245 |
|  Federal National Mortgage Association, Pool #MA1459<br>3.00% | 06/01/33 | 12486 | 12012 |
|  Federal National Mortgage Association, Pool #MA1527<br>3.00% | 08/01/33 | 18349770 | 17641382 |
|  Federal National Mortgage Association, Pool #MA1561<br>3.00% | 09/01/33 | 11623229 | 11175842 |
|  Federal National Mortgage Association, Pool #AB6385<br>3.00% | 10/01/42 | 173724 | 158516 |
|  Federal National Mortgage Association, Pool #AL8256<br>3.00% | 08/01/43 | 287547 | 262420 |
|  Federal National Mortgage Association, Pool #AL7092<br>3.00% | 07/01/45 | 31403 | 28194 |
|  Federal National Mortgage Association, Pool #MA2895<br>3.00% | 02/01/47 | 33876 | 30129 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Federal National Mortgage Association, Pool #FM2310<br>3.00% | 01/01/48 | $7483382 | $6633524 |
|  Federal National Mortgage Association, Pool #BM5507<br>3.00% | 09/01/48 | 4715723 | 4194127 |
|  Federal National Mortgage Association, Pool #MA3811<br>3.00% | 10/01/49 | 5022681 | 4341951 |
|  Federal National Mortgage Association, Pool #MA3846<br>3.00% | 11/01/49 | 27254 | 23560 |
|  Federal National Mortgage Association, Pool #MA3942<br>3.00% | 02/01/50 | 9934490 | 8588056 |
|  Federal National Mortgage Association, Pool #MA3997<br>3.00% | 04/01/50 | 11969617 | 10240509 |
|  Federal National Mortgage Association, Pool #CA5689<br>3.00% | 05/01/50 | 48957338 | 43226898 |
|  Federal National Mortgage Association, Pool #BV8459<br>3.00% | 04/01/52 | 124058786 | 107528524 |
|  Federal National Mortgage Association, Pool #FS3275<br>3.00% | 04/01/52 | 17706282 | 15349058 |
|  Federal National Mortgage Association, Pool #CB3582<br>3.00% | 05/01/52 | 14202438 | 12355730 |
|  Federal National Mortgage Association, Pool #FS5494<br>3.00% | 07/01/52 | 82699905 | 71670919 |
|  Federal National Mortgage Association, Pool #AB4262<br>3.50% | 01/01/32 | 1816090 | 1786141 |
|  Federal National Mortgage Association, Pool #MA1584<br>3.50% | 09/01/33 | 17583053 | 17139022 |
|  Federal National Mortgage Association, Pool #MA1608<br>3.50% | 10/01/33 | 12188833 | 11881400 |
|  Federal National Mortgage Association, Pool #MA1982<br>3.50% | 08/01/34 | 24832 | 24131 |
|  Federal National Mortgage Association, Pool #AB3679<br>3.50% | 10/01/41 | 5054441 | 4749884 |
|  Federal National Mortgage Association, Pool #AB3864<br>3.50% | 11/01/41 | 3778504 | 3552479 |
|  Federal National Mortgage Association, Pool #AB4045<br>3.50% | 12/01/41 | 4701010 | 4421779 |
|  Federal National Mortgage Association, Pool #AL2521<br>3.50% | 09/01/42 | 59734 | 56007 |
|  Federal National Mortgage Association, Pool #MA1177<br>3.50% | 09/01/42 | 18956653 | 17711417 |
|  Federal National Mortgage Association, Pool #MA1404<br>3.50% | 04/01/43 | 39477 | 36905 |
|  Federal National Mortgage Association, Pool #AB9703<br>3.50% | 06/01/43 | 8692312 | 8125999 |
|  Federal National Mortgage Association, Pool #AU3739<br>3.50% | 08/01/43 | 16585840 | 15569372 |
|  Federal National Mortgage Association, Pool #MA1582<br>3.50% | 09/01/43 | 6568045 | 6140130 |
|  Federal National Mortgage Association, Pool #AL6348<br>3.50% | 02/01/45 | 20077 | 18769 |
|  Federal National Mortgage Association, Pool #AL9217<br>3.50% | 10/01/46 | 12443130 | 11502932 |
|  Federal National Mortgage Association, Pool #BD2450<br>3.50% | 01/01/47 | 34908 | 32154 |
|  Federal National Mortgage Association, Pool #CA0862<br>3.50% | 09/01/47 | 1829833 | 1679096 |
|  Federal National Mortgage Association, Pool #MA3120<br>3.50% | 09/01/47 | 947521 | 869466 |
|  Federal National Mortgage Association, Pool #CA1191<br>3.50% | 11/01/47 | 2175751 | 1996518 |
|  Federal National Mortgage Association, Pool #MA3182<br>3.50% | 11/01/47 | 20160219 | 18499471 |
|  Federal National Mortgage Association, Pool #MA3210<br>3.50% | 12/01/47 | 35016269 | 32131716 |
|  Federal National Mortgage Association, Pool #CA0996<br>3.50% | 01/01/48 | 25396 | 23384 |
|  Federal National Mortgage Association, Pool #MA3238<br>3.50% | 01/01/48 | 30431138 | 27924297 |
|  Federal National Mortgage Association, Pool #CA1187<br>3.50% | 02/01/48 | 28960630 | 26575229 |
|  Federal National Mortgage Association, Pool #MA3276<br>3.50% | 02/01/48 | 11945523 | 10961480 |
|  Federal National Mortgage Association, Pool #MA3305<br>3.50% | 03/01/48 | 15767957 | 14433930 |
|  Federal National Mortgage Association, Pool #FM2388<br>3.50% | 04/01/48 | 12427008 | 11478290 |
|  Federal National Mortgage Association, Pool #MA3332<br>3.50% | 04/01/48 | 43646488 | 39953837 |
|  Federal National Mortgage Association, Pool #CA3633<br>3.50% | 06/01/49 | 13879469 | 12752395 |
|  Federal National Mortgage Association, Pool #CA4011<br>3.50% | 08/01/49 | 13964797 | 12317456 |
|  Federal National Mortgage Association, Pool #FM2318<br>3.50% | 09/01/49 | 123955742 | 113688935 |
|  Federal National Mortgage Association, Pool #AB1613<br>4.00% | 10/01/40 | 12082257 | 11743489 |
|  Federal National Mortgage Association, Pool #AB1803<br>4.00% | 11/01/40 | 13761839 | 13375941 |
|  Federal National Mortgage Association, Pool #AH3780<br>4.00% | 02/01/41 | 5441745 | 5289152 |
|  Federal National Mortgage Association, Pool #AJ1404<br>4.00% | 09/01/41 | 7278553 | 7060549 |
|  Federal National Mortgage Association, Pool #MA1146<br>4.00% | 08/01/42 | 13856704 | 13356288 |
|  Federal National Mortgage Association, Pool #AT9649<br>4.00% | 07/01/43 | 96558 | 93047 |
|  Federal National Mortgage Association, Pool #AL9472<br>4.00% | 10/01/43 | 2739421 | 2657343 |
|  Federal National Mortgage Association, Pool #AL4597<br>4.00% | 01/01/44 | 22577244 | 21756340 |
|  Federal National Mortgage Association, Pool #MA2960<br>4.00% | 04/01/47 | 16023847 | 15171484 |
|  Federal National Mortgage Association, Pool #AS9830<br>4.00% | 06/01/47 | 18927808 | 17920842 |
|  Federal National Mortgage Association, Pool #MA3027<br>4.00% | 06/01/47 | 12223195 | 11573001 |
|  Federal National Mortgage Association, Pool #AS9972<br>4.00% | 07/01/47 | 17418682 | 16492003 |
|  Federal National Mortgage Association, Pool #CA2327<br>4.00% | 09/01/48 | 19877946 | 18887728 |
|  Federal National Mortgage Association, Pool #BM5164<br>4.00% | 11/01/48 | 20429281 | 19411598 |
|  Federal National Mortgage Association, Pool #BN4316<br>4.00% | 01/01/49 | 14381 | 13677 |
|  Federal National Mortgage Association, Pool #CB3619<br>4.00% | 05/01/52 | 141909984 | 132406931 |
|  Federal National Mortgage Association, Pool #MA4626<br>4.00% | 06/01/52 | 376405843 | 351187262 |
|  Federal National Mortgage Association, Pool #734830<br>4.50% | 08/01/33 | 4132 | 4157 |
|  Federal National Mortgage Association, Pool #734922<br>4.50% | 09/01/33 | 520059 | 523240 |
|  Federal National Mortgage Association, Pool #753168<br>4.50% | 12/01/33 | 2797 | 2814 |
|  Federal National Mortgage Association, Pool #AL8037<br>4.50% | 07/01/34 | 55135 | 55287 |
|  Federal National Mortgage Association, Pool #AL8356<br>4.50% | 07/01/34 | 126645 | 127244 |
|  Federal National Mortgage Association, Pool #815422<br>4.50% | 02/01/35 | 12472 | 12532 |
|  Federal National Mortgage Association, Pool #735651<br>4.50% | 06/01/35 | 1364742 | 1371259 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Federal National Mortgage Association, Pool #745147<br>4.50% | 12/01/35 | $7766 | $7803 |
|  Federal National Mortgage Association, Pool #190396<br>4.50% | 06/01/39 | 3577 | 3570 |
|  Federal National Mortgage Association, Pool #AC8279<br>4.50% | 08/01/39 | 5390 | 5408 |
|  Federal National Mortgage Association, Pool #AE0138<br>4.50% | 03/01/40 | 20339 | 20301 |
|  Federal National Mortgage Association, Pool #AL0209<br>4.50% | 05/01/41 | 8131246 | 8079009 |
|  Federal National Mortgage Association, Pool #AL9106<br>4.50% | 02/01/46 | 17094613 | 16865146 |
|  Federal National Mortgage Association, Pool #AL8960<br>4.50% | 05/01/46 | 13774604 | 13589702 |
|  Federal National Mortgage Association, Pool #AL9722<br>4.50% | 08/01/46 | 56656240 | 55895721 |
|  Federal National Mortgage Association, Pool #AS8663<br>4.50% | 01/01/47 | 10416058 | 10183142 |
|  Federal National Mortgage Association, Pool #AL9846<br>4.50% | 02/01/47 | 59852339 | 59048918 |
|  Federal National Mortgage Association, Pool #CA1710<br>4.50% | 05/01/48 | 62958 | 61310 |
|  Federal National Mortgage Association, Pool #CA1711<br>4.50% | 05/01/48 | 6240163 | 6076850 |
|  Federal National Mortgage Association, Pool #CA2208<br>4.50% | 08/01/48 | 13484384 | 13131480 |
|  Federal National Mortgage Association, Pool #CA2493<br>4.50% | 10/01/48 | 3328600 | 3241440 |
|  Federal National Mortgage Association, Pool #MA3537<br>4.50% | 12/01/48 | 8075342 | 7863887 |
|  Federal National Mortgage Association, Pool #MA4733<br>4.50% | 09/01/52 | 284820615 | 273308094 |
|  Federal National Mortgage Association, Pool #BW9897<br>4.50% | 10/01/52 | 77993461 | 74763804 |
|  Federal National Mortgage Association, Pool #CB5675<br>4.50% | 02/01/53 | 45697762 | 43910192 |
|  Federal National Mortgage Association, Pool #CB6854<br>4.50% | 08/01/53 | 32570047 | 31285161 |
|  Federal National Mortgage Association, Pool #MA5038<br>5.00% | 06/01/53 | 222766849 | 219072446 |
|  Federal National Mortgage Association, Pool #FS7252<br>5.00% | 11/01/53 | 73768842 | 72552437 |
|  Federal National Mortgage Association, Pool #740297<br>5.50% | 10/01/33 | 720 | 742 |
|  Federal National Mortgage Association, Pool #725257<br>5.50% | 02/01/34 | 341139 | 351617 |
|  Federal National Mortgage Association, Pool #735224<br>5.50% | 02/01/35 | 1130190 | 1170359 |
|  Federal National Mortgage Association, Pool #889184<br>5.50% | 09/01/36 | 1187693 | 1224122 |
|  Federal National Mortgage Association, Pool #190375<br>5.50% | 11/01/36 | 253395 | 262284 |
|  Federal National Mortgage Association, Pool #AE0482<br>5.50% | 01/01/38 | 2687134 | 2769555 |
|  Federal National Mortgage Association, Pool #MA5497<br>5.50% | 10/01/54 | 55296872 | 55326408 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 | 4804838 | 5046403 |
|  Federal National Mortgage Association, Pool #844773<br>6.27% (1 yr. USD RFUCCT + 1.559%)<sup>(2)</sup> | 12/01/35 | 1307 | 1310 |
|  Federal National Mortgage Association, Pool #394854<br>6.50% | 05/01/27 | 66 | 66 |
|  Federal National Mortgage Association, Pool #839109<br>6.54% (1 yr. USD RFUCCT + 1.912%)<sup>(2)</sup> | 11/01/35 | 2864 | 2899 |
|  Federal National Mortgage Association, Pool #545191<br>7.00% | 09/01/31 | 927 | 975 |
|  Federal National Mortgage Association, Pool #613142<br>7.00% | 11/01/31 | 3447 | 3656 |
|  Federal National Mortgage Association, Pool #625666<br>7.00% | 01/01/32 | 1216 | 1288 |
|  Federal National Mortgage Association, Pool #545756<br>7.00% | 06/01/32 | 168 | 178 |
|  Federal National Mortgage Association, Pool #655928<br>7.00% | 08/01/32 | 35506 | 37709 |
|  Federal National Mortgage Association, Pool #735207<br>7.00% | 04/01/34 | 6664 | 7011 |
|  Federal National Mortgage Association, Pool #888412<br>7.00% | 04/01/37 | 60058 | 65762 |
|  Federal National Mortgage Association, Pool #313182<br>7.50% | 10/01/26 | 80 | 80 |
|  Federal National Mortgage Association, Pool #633698<br>7.50% | 02/01/31 | 12760 | 13537 |
|  Federal National Mortgage Association REMICS Series 1999-11, Class Z<br>5.50% | 03/25/29 | 5139 | 5130 |
|  Federal National Mortgage Association REMICS Series 2001-52, Class YZ (PAC)<br>6.50% | 10/25/31 | 38304 | 39715 |
|  Federal National Mortgage Association REMICS Series 2005-122, Class SG (I/O) (I/F)<br>2.18% (-30 day USD SOFR Average + 6.486%)<sup>(2)</sup> | 11/25/35 | 4492 | 50 |
|  Federal National Mortgage Association REMICS Series 2006-4, Class WE<br>4.50% | 02/25/36 | 18885 | 18818 |
|  Federal National Mortgage Association REMICS Series 2006-49, Class SE (I/F) (PAC)<br>11.32% (-30 day USD SOFR Average + 28.542%)<sup>(2)</sup> | 04/25/36 | 385516 | 418885 |
|  Federal National Mortgage Association REMICS Series 2007-17, Class SI (I/O) (I/F)<br>1.98% (-30 day USD SOFR Average + 6.286%)<sup>(2)</sup> | 03/25/37 | 558164 | 37049 |
|  Federal National Mortgage Association REMICS Series 2007-34, Class SB (I/O) (I/F)<br>1.69% (-30 day USD SOFR Average + 5.996%)<sup>(2)</sup> | 04/25/37 | 1177707 | 101804 |
|  Federal National Mortgage Association REMICS Series 2007-64, Class FA<br>4.89% (30 day USD SOFR Average + 0.584%)<sup>(2)</sup> | 07/25/37 | 1621 | 1611 |
|  Federal National Mortgage Association REMICS Series 2008-24, Class NA<br>6.75% | 06/25/37 | 81457 | 85698 |
|  Federal National Mortgage Association REMICS Series 2010-116, Class SE (I/O) (I/F)<br>2.18% (-30 day USD SOFR Average + 6.486%)<sup>(2)</sup> | 10/25/40 | 1377300 | 119795 |
|  Federal National Mortgage Association REMICS Series 2010-17, Class SB (I/O) (I/F)<br>1.93% (-30 day USD SOFR Average + 6.236%)<sup>(2)</sup> | 03/25/40 | 2906710 | 291053 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Federal National Mortgage Association REMICS Series 2010-43, Class KS (I/O) (I/F)<br>2.00% (-30 day USD SOFR Average + 6.306%)<sup>(2)</sup> | 05/25/40 | $5164626 | $528524 |
|  Federal National Mortgage Association REMICS Series 2011-101, Class HE (PAC)<br>4.00% | 10/25/41 | 5900750 | 5796406 |
|  Federal National Mortgage Association REMICS Series 2011-111, Class DB<br>4.00% | 11/25/41 | 5759340 | 5568408 |
|  Federal National Mortgage Association REMICS Series 2012-84, Class VZ<br>3.50% | 08/25/42 | 4809678 | 4532311 |
|  Federal National Mortgage Association REMICS Series 2013-101, Class BO (P/O)<br>0.00%<sup>(5)</sup> | 10/25/43 | 7662264 | 5429834 |
|  Federal National Mortgage Association REMICS Series 2013-101, Class CO (P/O)<br>0.00%<sup>(5)</sup> | 10/25/43 | 4476771 | 3185589 |
|  Federal National Mortgage Association REMICS Series 2016-45, Class AF<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 07/25/46 | 5651810 | 5572814 |
|  Federal National Mortgage Association REMICS Series 2016-72, Class FA<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 10/25/46 | 11546368 | 11380603 |
|  Federal National Mortgage Association REMICS Series 2016-74, Class GF<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 10/25/46 | 8961784 | 8834705 |
|  Federal National Mortgage Association REMICS Series 2016-75, Class FL<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 10/25/46 | 9108242 | 8980688 |
|  Federal National Mortgage Association REMICS Series 2018-29, Class AP (PAC)<br>3.50% | 11/25/46 | 11989524 | 11842116 |
|  Federal National Mortgage Association REMICS Series 2018-38, Class LA<br>3.00% | 06/25/48 | 11332222 | 10071168 |
|  Federal National Mortgage Association REMICS Series 2018-38, Class PA (PAC)<br>3.50% | 06/25/47 | 12624 | 12268 |
|  Federal National Mortgage Association REMICS Series 2018-45, Class GA<br>3.00% | 06/25/48 | 12717035 | 11302163 |
|  Federal National Mortgage Association REMICS Series 2018-57, Class QA (PAC)<br>3.50% | 05/25/46 | 1388 | 1382 |
|  Federal National Mortgage Association REMICS Series 2018-86, Class JA (PAC)<br>4.00% | 05/25/47 | 322863 | 320303 |
|  Federal National Mortgage Association REMICS Series 2018-94, Class KD (PAC)<br>3.50% | 12/25/48 | 2699000 | 2466855 |
|  Federal National Mortgage Association REMICS Series 2019-1, Class AB<br>3.50% | 02/25/49 | 1084202 | 994112 |
|  Federal National Mortgage Association REMICS Series 2019-1, Class KP (PAC)<br>3.25% | 02/25/49 | 1113581 | 1020742 |
|  Federal National Mortgage Association REMICS Series 2019-26, Class JE (PAC)<br>3.00% | 06/25/49 | 2958318 | 2628198 |
|  Federal National Mortgage Association REMICS Series 2019-45, Class PA (PAC)<br>3.00% | 08/25/49 | 11618510 | 10334247 |
|  Federal National Mortgage Association REMICS Series 2019-52, Class PA (PAC)<br>3.00% | 09/25/49 | 3383211 | 2993107 |
|  Federal National Mortgage Association REMICS Series 2019-67, Class FE<br>4.87% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 11/25/49 | 22248585 | 21609737 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 65246 | 63470 |
|  Federal National Mortgage Association Trust Series 2003- W2, Class 2A9<br>5.90% | 07/25/42 | 12576 | 12879 |
|  Government National Mortgage Association, Pool #MA3309<br>3.00% | 12/20/45 | 4501 | 4040 |
|  Government National Mortgage Association, Pool #MA3662<br>3.00% | 05/20/46 | 1614252 | 1447306 |
|  Government National Mortgage Association, Pool #MA3873<br>3.00% | 08/20/46 | 12499451 | 11221433 |
|  Government National Mortgage Association, Pool #MA4003<br>3.00% | 10/20/46 | 5013686 | 4500902 |
|  Government National Mortgage Association, Pool #MA4126<br>3.00% | 12/20/46 | 86387736 | 77561513 |
|  Government National Mortgage Association, Pool #MA4961<br>3.00% | 01/20/48 | 231329 | 207227 |
|  Government National Mortgage Association, Pool #MA6080<br>3.00% | 08/20/49 | 1490 | 1302 |
|  Government National Mortgage Association, Pool #MA6209<br>3.00% | 10/20/49 | 2697089 | 2357382 |
|  Government National Mortgage Association, Pool #AA5452<br>3.50% | 07/15/42 | 58821 | 54871 |
|  Government National Mortgage Association, Pool #MA1157<br>3.50% | 07/20/43 | 24711 | 23123 |
|  Government National Mortgage Association, Pool #MA3521<br>3.50% | 03/20/46 | 16520509 | 15355006 |
|  Government National Mortgage Association, Pool #MA3597<br>3.50% | 04/20/46 | 41895306 | 39166271 |
|  Government National Mortgage Association, Pool #MA3663<br>3.50% | 05/20/46 | 11812252 | 10943101 |
|  Government National Mortgage Association, Pool #MA3937<br>3.50% | 09/20/46 | 9590168 | 8884519 |
|  Government National Mortgage Association, Pool #MA4069<br>3.50% | 11/20/46 | 30038722 | 27828459 |
|  Government National Mortgage Association, Pool #MA4127<br>3.50% | 12/20/46 | 33913594 | 31418216 |
|  Government National Mortgage Association, Pool #MA4196<br>3.50% | 01/20/47 | 7889 | 7309 |
|  Government National Mortgage Association, Pool #MA4510<br>3.50% | 06/20/47 | 26091 | 24179 |
|  Government National Mortgage Association, Pool #MA4586<br>3.50% | 07/20/47 | 31240275 | 28949959 |
|  Government National Mortgage Association, Pool #MA4652<br>3.50% | 08/20/47 | 2376285 | 2202072 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Government National Mortgage Association, Pool #MA4719<br>3.50% | 09/20/47 | $29374059 | $27220560 |
|  Government National Mortgage Association, Pool #MA4900<br>3.50% | 12/20/47 | 4723907 | 4377583 |
|  Government National Mortgage Association, Pool #MA6030<br>3.50% | 07/20/49 | 6943315 | 6295260 |
|  Government National Mortgage Association, Pool #MA6081<br>3.50% | 08/20/49 | 2842228 | 2576948 |
|  Government National Mortgage Association, Pool #MA6210<br>3.50% | 10/20/49 | 1396696 | 1266336 |
|  Government National Mortgage Association, Pool #MA4511<br>4.00% | 06/20/47 | 3676373 | 3486282 |
|  Government National Mortgage Association, Pool #MA4720<br>4.00% | 09/20/47 | 73174 | 69432 |
|  Government National Mortgage Association, Pool #MA4838<br>4.00% | 11/20/47 | 24280329 | 23038632 |
|  Government National Mortgage Association, Pool #MA4901<br>4.00% | 12/20/47 | 16345904 | 15500717 |
|  Government National Mortgage Association, Pool #MA4963<br>4.00% | 01/20/48 | 26984045 | 25588799 |
|  Government National Mortgage Association, Pool #MA5078<br>4.00% | 03/20/48 | 40569 | 38471 |
|  Government National Mortgage Association, Pool #MA5137<br>4.00% | 04/20/48 | 8644331 | 8188809 |
|  Government National Mortgage Association, Pool #MA5466<br>4.00% | 09/20/48 | 3571332 | 3385032 |
|  Government National Mortgage Association, Pool #MA5528<br>4.00% | 10/20/48 | 16423943 | 15567185 |
|  Government National Mortgage Association, Pool #MA5651<br>4.00% | 12/20/48 | 5953 | 5643 |
|  Government National Mortgage Association, Pool #MB0023<br>4.00%<sup>(8)</sup> | 11/20/54 | 176054656 | 163756840 |
|  Government National Mortgage Association, Pool #3388<br>4.50% | 05/20/33 | 1074 | 1075 |
|  Government National Mortgage Association, Pool #3427<br>4.50% | 08/20/33 | 570 | 571 |
|  Government National Mortgage Association, Pool #3554<br>4.50% | 05/20/34 | 485 | 485 |
|  Government National Mortgage Association, Pool #782817<br>4.50% | 11/15/39 | 6871456 | 6858302 |
|  Government National Mortgage Association, Pool #783591<br>4.50% | 07/20/41 | 7908 | 7875 |
|  Government National Mortgage Association, Pool #5140<br>4.50% | 08/20/41 | 20368 | 20284 |
|  Government National Mortgage Association, Pool #5175<br>4.50% | 09/20/41 | 22342 | 22249 |
|  Government National Mortgage Association, Pool #5281<br>4.50% | 01/20/42 | 6287 | 6261 |
|  Government National Mortgage Association, Pool #MA0627<br>4.50% | 12/20/42 | 26486 | 26377 |
|  Government National Mortgage Association, Pool #MA0701<br>4.50% | 01/20/43 | 25830 | 25723 |
|  Government National Mortgage Association, Pool #MA1997<br>4.50% | 06/20/44 | 6543 | 6450 |
|  Government National Mortgage Association, Pool #MA2756<br>4.50% | 04/20/45 | 13373 | 13182 |
|  Government National Mortgage Association, Pool #MA2828<br>4.50% | 05/20/45 | 569613 | 561657 |
|  Government National Mortgage Association, Pool #MA2894<br>4.50% | 06/20/45 | 218841 | 215720 |
|  Government National Mortgage Association, Pool #MA3036<br>4.50% | 08/20/45 | 21300 | 21002 |
|  Government National Mortgage Association, Pool #MA3456<br>4.50% | 02/20/46 | 143813 | 141805 |
|  Government National Mortgage Association, Pool #MA3665<br>4.50% | 05/20/46 | 59963 | 59125 |
|  Government National Mortgage Association, Pool #MA3738<br>4.50% | 06/20/46 | 249346 | 245789 |
|  Government National Mortgage Association, Pool #MA3805<br>4.50% | 07/20/46 | 1962184 | 1934777 |
|  Government National Mortgage Association, Pool #MA3876<br>4.50% | 08/20/46 | 2158695 | 2127905 |
|  Government National Mortgage Association, Pool #MA3939<br>4.50% | 09/20/46 | 1174817 | 1169638 |
|  Government National Mortgage Association, Pool #MA4006<br>4.50% | 10/20/46 | 1316305 | 1297530 |
|  Government National Mortgage Association, Pool #MA4071<br>4.50% | 11/20/46 | 3502465 | 3452508 |
|  Government National Mortgage Association, Pool #MA4129<br>4.50% | 12/20/46 | 12110867 | 11938123 |
|  Government National Mortgage Association, Pool #MA4198<br>4.50% | 01/20/47 | 95397 | 94010 |
|  Government National Mortgage Association, Pool #MA4264<br>4.50% | 02/20/47 | 27886668 | 27481217 |
|  Government National Mortgage Association, Pool #MA4384<br>4.50% | 04/20/47 | 1121827 | 1102406 |
|  Government National Mortgage Association, Pool #MA4453<br>4.50% | 05/20/47 | 61745916 | 60676978 |
|  Government National Mortgage Association, Pool #MA4512<br>4.50% | 06/20/47 | 213547 | 209850 |
|  Government National Mortgage Association, Pool #MA4588<br>4.50% | 07/20/47 | 33191 | 32616 |
|  Government National Mortgage Association, Pool #MA5399<br>4.50% | 08/20/48 | 1935880 | 1891361 |
|  Government National Mortgage Association, Pool #MA5467<br>4.50% | 09/20/48 | 18158 | 17740 |
|  Government National Mortgage Association, Pool #MA8347<br>4.50% | 10/20/52 | 231913497 | 224152855 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 36715985 | 35210279 |
|  Government National Mortgage Association, Pool #80968<br>4.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 07/20/34 | 4277 | 4335 |
|  Government National Mortgage Association, Pool #81432<br>4.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 08/20/35 | 7455 | 7561 |
|  Government National Mortgage Association, Pool #81497<br>4.75% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 10/20/35 | 6422 | 6504 |
|  Government National Mortgage Association, Pool #4058<br>5.00% | 12/20/37 | 351 | 358 |
|  Government National Mortgage Association, Pool #4342<br>5.00% | 01/20/39 | 488 | 498 |
|  Government National Mortgage Association, Pool #4520<br>5.00% | 08/20/39 | 9229 | 9408 |
|  Government National Mortgage Association, Pool #MA2374<br>5.00% | 11/20/44 | 136367 | 139010 |
|  Government National Mortgage Association, Pool #MA3524<br>5.00% | 03/20/46 | 7038 | 7175 |
|  Government National Mortgage Association, Pool #MA3600<br>5.00% | 04/20/46 | 3875868 | 3950997 |
|  Government National Mortgage Association, Pool #MA3666<br>5.00% | 05/20/46 | 2178973 | 2221211 |
|  Government National Mortgage Association, Pool #MA3739<br>5.00% | 06/20/46 | 1380450 | 1407208 |
|  Government National Mortgage Association, Pool #MA3806<br>5.00% | 07/20/46 | 101828 | 103802 |
|  Government National Mortgage Association, Pool #MA3877<br>5.00% | 08/20/46 | 452232 | 460999 |
|  Government National Mortgage Association, Pool #MA4007<br>5.00% | 10/20/46 | 2382399 | 2428556 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |
|  Government National Mortgage Association, Pool #MA4072<br>5.00% | 11/20/46 | $748596 | $763100 |
|  Government National Mortgage Association, Pool #MA4199<br>5.00% | 01/20/47 | 2142931 | 2184448 |
|  Government National Mortgage Association, Pool #MA4265<br>5.00% | 02/20/47 | 484035 | 493482 |
|  Government National Mortgage Association, Pool #MA4324<br>5.00% | 03/20/47 | 2661274 | 2712860 |
|  Government National Mortgage Association, Pool #MA4385<br>5.00% | 04/20/47 | 4639684 | 4702695 |
|  Government National Mortgage Association, Pool #MA4454<br>5.00% | 05/20/47 | 10356205 | 10423887 |
|  Government National Mortgage Association, Pool #MA4513<br>5.00% | 06/20/47 | 183284 | 185773 |
|  Government National Mortgage Association, Pool #MA4589<br>5.00% | 07/20/47 | 8974107 | 9032757 |
|  Government National Mortgage Association, Pool #MA4655<br>5.00% | 08/20/47 | 10370946 | 10438725 |
|  Government National Mortgage Association, Pool #MA4722<br>5.00% | 09/20/47 | 195254 | 196324 |
|  Government National Mortgage Association, Pool #MA4781<br>5.00% | 10/20/47 | 2515430 | 2531870 |
|  Government National Mortgage Association, Pool #MA4840<br>5.00% | 11/20/47 | 769053 | 774079 |
|  Government National Mortgage Association, Pool #MA5530<br>5.00% | 10/20/48 | 2939966 | 2936269 |
|  Government National Mortgage Association, Pool #81267<br>5.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 03/20/35 | 5927 | 5964 |
|  Government National Mortgage Association, Pool #2631<br>7.00% | 08/20/28 | 382 | 393 |
|  Government National Mortgage Association REMICS Series 2003-86, Class ZK<br>5.00% | 10/20/33 | 2169955 | 2205062 |
|  Government National Mortgage Association REMICS Series 2007-35, Class PY (I/O) (I/F) (PAC)<br>2.32% (-1 mo. USD Term SOFR + 6.636%)<sup>(2)</sup> | 06/16/37 | 4923583 | 554968 |
|  Government National Mortgage Association REMICS Series 2009-106, Class SD (I/O) (I/F)<br>1.82% (-1 mo. USD Term SOFR + 6.136%)<sup>(2)</sup> | 03/20/36 | 4067687 | 342880 |
|  Government National Mortgage Association REMICS Series 2009-106, Class XI (I/O) (I//F)<br>2.37% (-1 mo. USD Term SOFR + 6.686%)<sup>(2)</sup> | 05/20/37 | 10110195 | 1037103 |
|  Government National Mortgage Association REMICS Series 2009-124, Class SC (I/O) (I/F)<br>2.05% (-1 mo. USD Term SOFR + 6.366%)<sup>(2)</sup> | 12/20/39 | 1729218 | 187778 |
|  Government National Mortgage Association REMICS Series 2009-66, Class XS (I/O) (I/F) (PAC)<br>2.37% (-1 mo. USD Term SOFR + 6.686%)<sup>(2)</sup> | 07/16/39 | 7581 | 298 |
|  Government National Mortgage Association REMICS Series 2010-4, Class SL (I/O) (I/F)<br>1.97% (-1 mo. USD Term SOFR + 6.286%)<sup>(2)</sup> | 01/16/40 | 22033 | 2238 |
|  Government National Mortgage Association REMICS Series 2010-4, Class SM (I/O) (I/F)<br>1.37% (-1 mo. USD Term SOFR + 5.686%)<sup>(2)</sup> | 01/16/40 | 4006033 | 347393 |
|  Government National Mortgage Association REMICS Series 2011-146, Class EI (I/O) (PAC)<br>5.00% | 11/16/41 | 51886 | 10087 |
|  Government National Mortgage Association REMICS Series 2014-108, Class PA (PAC)<br>2.63% | 12/20/39 | 3329524 | 3206172 |
|  Government National Mortgage Association REMICS Series 2018-124, Class NW<br>3.50% | 09/20/48 | 543133 | 494246 |
|  Government National Mortgage Association REMICS Series 2019-1, Class NP<br>3.50% | 01/20/49 | 4951340 | 4563801 |
|  Government National Mortgage Association REMICS Series 2019-119, Class JE (PAC)<br>3.00% | 09/20/49 | 3580222 | 3194712 |
|  Government National Mortgage Association REMICS Series 2019-15, Class GT<br>3.50% | 02/20/49 | 5788016 | 5290145 |
|  Government National Mortgage Association REMICS Series 2019-71, Class PT<br>3.00% | 06/20/49 | 676152 | 599784 |
|  Government National Mortgage Association REMICS Series 2019-86, Class C<br>2.50% | 03/20/49 | 8078509 | 6729030 |
|  Government National Mortgage Association REMICS Series 2019-90, Class HE<br>3.00% | 07/20/49 | 5635949 | 5054144 |
|  Government National Mortgage Association REMICS Series 2022-201, Class FB<br>5.55% (30 day USD SOFR Average + 1.250%)<sup>(2)</sup> | 11/20/52 | 7701395 | 7751357 |
|  Government National Mortgage Association REMICS Series 2023-134, Class F<br>5.30% (30 day USD SOFR Average + 1.000%)<sup>(2)</sup> | 08/20/53 | 37872479 | 37716118 |
|  Government National Mortgage Association REMICS Series 2024-30, Class DF<br>5.60% (30 day USD SOFR Average + 1.300%)<sup>(2)</sup> | 02/20/54 | 68970024 | 69195407 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% <sup>(9)</sup> | 12/01/51 | 428675000 | 364419190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(9)</sup> | 05/01/52 | 164025000 | 152500357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% <sup>(9)</sup> | 08/01/54 | 155025000 | 148384272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% <sup>(9)</sup> | 04/01/55 | 428325000 | 420800401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% <sup>(9)</sup> | 03/01/55 | 242275000 | 242609340 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% <sup>(9)</sup> | 11/01/51 | 162200000 | 128462887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% <sup>(9)</sup> | 11/01/51 | 154650000 | 128315193 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(9)</sup> | 01/01/52 | 131700000 | 113963500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(9)</sup> | 01/01/52 | 350650000 | 315815552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(9)</sup> | 03/01/52 | 385075000 | 358163841 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% <sup>(9)</sup> | 07/01/54 | 360875000 | 345216092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% <sup>(9)</sup> | 03/01/55 | 285200000 | 279592255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% <sup>(9)</sup> | 02/01/55 | 277000000 | 277010942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $12,560,738,747) |  |  | 11982001978 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—4.7%** |
|  1301 Properties Owner LP<br>2.08%<sup>(7)</sup> | 09/07/25 | $47327027 | $47061996 |
|  AMSR Trust Series 2021-SFR1, Class G<br>4.61%<sup>(1)</sup> | 06/17/38 | 15250000 | 14397700 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018- PARK, Class A<br>4.23%<sup>(1),(10),(11)</sup> | 08/10/38 | 122930000 | 119636632 |
|  BGME Trust Series 2021-VR, Class A<br>3.09%<sup>(1),(10)</sup> | 01/10/43 | 20000000 | 17496342 |
|  BGME Trust Series 2021-VR, Class B<br>3.09%<sup>(1),(10)</sup> | 01/10/43 | 32137000 | 26972632 |
|  Blackstone Industrial Portfolio<br>2.23%<sup>(7)</sup> | 04/09/27 | 69001475 | 68228658 |
|  BX Commercial Mortgage Trust Series 2020-VIV4, Class A<br>2.84%<sup>(1)</sup> | 03/09/44 | 130165000 | 118914123 |
|  BX Commercial Mortgage Trust Series 2022-CSMO, Class B<br>7.45% (1 mo. USD Term SOFR + 3.141%)<sup>(1),(2)</sup> | 06/15/27 | 90170000 | 91070329 |
|  BX Trust Series 2019-OC11, Class A<br>3.20%<sup>(1)</sup> | 12/09/41 | 42270000 | 39458563 |
|  BXHPP Trust Series 2021-FILM, Class A<br>5.08% (1 mo. USD Term SOFR + 0.764%)<sup>(1),(2)</sup> | 08/15/36 | 17800000 | 17064029 |
|  BXHPP Trust Series 2021-FILM, Class C<br>5.53% (1 mo. USD Term SOFR + 1.214%)<sup>(1),(2)</sup> | 08/15/36 | 15057000 | 13566417 |
|  BXHPP Trust Series 2021-FILM, Class D<br>5.93% (1 mo. USD Term SOFR + 1.614%)<sup>(1),(2)</sup> | 08/15/36 | 11500000 | 10264102 |
|  CALI Mortgage Trust Series 2019-101C, Class XA (I/O)<br>0.44%<sup>(1),(10)</sup> | 03/10/39 | 272551000 | 2857983 |
|  CENT Trust Series 2023-CITY, Class A<br>6.93% (1 mo. USD Term SOFR + 2.620%)<sup>(1),(2)</sup> | 09/15/38 | 88590000 | 88859597 |
|  Century Plaza Towers Series 2019-CPT, Class A<br>2.87%<sup>(1)</sup> | 11/13/39 | 27645000 | 25236449 |
|  Citigroup Commercial Mortgage Trust Series 2020-555, Class A<br>2.65%<sup>(1)</sup> | 12/10/41 | 5000000 | 4482124 |
|  COLT Mortgage Loan Trust<br>7.05%<sup>(7),(10)</sup> | 03/10/27 | 100000000 | 99920000 |
|  DC Office Trust Series 2019-MTC, Class A<br>2.97%<sup>(1)</sup> | 09/15/45 | 31135000 | 28387355 |
|  FirstKey Homes Trust Series 2021-SFR1, Class F1<br>3.24%<sup>(1)</sup> | 08/17/38 | 12416000 | 12072945 |
|  FirstKey Homes Trust Series 2021-SFR2, Class F1<br>2.91%<sup>(1)</sup> | 09/17/38 | 12677000 | 12153172 |
|  Frost CMBS DAC Series 2021-1X, Class EUA<br>3.25% (3 mo. EUR EURIBOR + 1.150%)<sup>(2),(6)</sup> | 11/20/33 | 2920717 | 3424128 |
|  Hudson Yards Mortgage Trust Series 2019-30HY, Class A<br>3.23%<sup>(1)</sup> | 07/10/39 | 84915000 | 79790100 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class A<br>3.04%<sup>(1),(10)</sup> | 12/10/41 | 81025000 | 74994253 |
|  LoanCore Issuer Ltd. Series 2021-CRE5, Class A<br>5.73% (1 mo. USD Term SOFR + 1.414%)<sup>(1),(2)</sup> | 07/15/36 | 12918960 | 12915262 |
|  MF1 Ltd. Series 2022-FL8, Class A<br>5.67% (1 mo. USD Term SOFR + 1.350%)<sup>(1),(2)</sup> | 02/19/37 | 18204460 | 18204512 |
|  MKT Mortgage Trust Series 2020-525M, Class A<br>2.69%<sup>(1)</sup> | 02/12/40 | 8500000 | 7519344 |
|  NRTH Mortgage Trust Series 2024-PARK, Class A<br>5.95% (1 mo. USD Term SOFR + 1.641%)<sup>(1),(2)</sup> | 03/15/39 | 21267000 | 21309198 |
|  One Bryant Park Trust Series 2019-OBP, Class A<br>2.52%<sup>(1)</sup> | 09/15/54 | 147667000 | 134586982 |
|  Progress Residential Trust Series 2021-SFR3, Class E1<br>2.54%<sup>(1)</sup> | 05/17/26 | 3055000 | 3004324 |
|  Progress Residential Trust Series 2021-SFR3, Class G<br>4.25%<sup>(1)</sup> | 05/17/26 | 3190000 | 3160007 |
|  Progress Residential Trust Series 2021-SFR6, Class E2<br>2.53%<sup>(1)</sup> | 07/17/38 | 3973000 | 3869418 |
|  Progress Residential Trust Series 2021-SFR6, Class F<br>3.42%<sup>(1)</sup> | 07/17/38 | 10437000 | 10235968 |
|  Progress Residential Trust Series 2021-SFR6, Class G<br>4.00%<sup>(1)</sup> | 07/17/38 | 8896000 | 8753897 |
|  Progress Residential Trust Series 2021-SFR7, Class F<br>3.83%<sup>(1)</sup> | 08/17/40 | 23777000 | 22170892 |
|  Progress Residential Trust Series 2021-SFR8, Class E1<br>2.38%<sup>(1)</sup> | 10/17/38 | 17400000 | 16866140 |
|  Progress Residential Trust Series 2021-SFR8, Class E2<br>2.53%<sup>(1)</sup> | 10/17/38 | 13425000 | 12999712 |
|  Progress Residential Trust Series 2021-SFR8, Class F<br>3.18%<sup>(1)</sup> | 10/17/38 | 61665000 | 59919554 |
|  Progress Residential Trust Series 2021-SFR8, Class G<br>4.01%<sup>(1)</sup> | 10/17/38 | 19482000 | 18979713 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A1<br>3.87%<sup>(1),(10)</sup> | 01/05/43 | 56465000 | 48077034 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015-5AVE, Class A2B<br>4.14%<sup>(1),(10)</sup> | 01/05/43 | 8710000 | 7587933 |
|  SHOW Trust Series 2022-BIZ, Class A<br>7.30% (1 mo. USD Term SOFR + 2.984%)<sup>(1),(2),(4),(11)</sup> | 01/15/27 | 68000000 | 60680868 |
|  SREIT Trust Series 2021-PALM, Class G<br>8.04% (1 mo. USD Term SOFR + 3.731%)<sup>(1),(2)</sup> | 10/15/34 | 40000000 | 39974136 |
|  Taurus U.K. DAC Series 2021-UK1X, Class C<br>5.89% (1 day GBP SONIA + 1.650%)<sup>(2),(6)</sup> | 05/17/31 | GBP 975,833 | 1338419 |
|  Taurus U.K. DAC Series 2021-UK1X, Class D<br>6.84% (1 day GBP SONIA + 2.600%)<sup>(2),(6)</sup> | 05/17/31 | GBP 5,618,732 | 7730693 |
|  Taurus U.K. DAC Series 2021-UK1X, Class E<br>7.89% (1 day GBP SONIA + 3.650%)<sup>(2),(6)</sup> | 05/17/31 | GBP 5,761,682 | 7912871 |
|  Taurus U.K. DAC Series 2021-UK4X, Class D<br>6.34% (1 day GBP SONIA + 2.100%)<sup>(2),(6)</sup> | 08/17/31 | GBP 2,795,554 | 3843654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $1,607,729,541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $1,607,729,541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $1,607,729,541) | 1547950160 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.7%** |
|  Government National Mortgage Association Series 2020-193 (I/O)<br>0.78%<sup>(10)</sup> | 09/16/62 | $538615021 | $29058227 |
|  Government National Mortgage Association Series 2021-10 (I/O)<br>0.99%<sup>(10)</sup> | 05/16/63 | 58731531 | 4347983 |
|  Government National Mortgage Association Series 2021-150 (I/O)<br>1.04%<sup>(10)</sup> | 11/16/63 | 31419808 | 2475102 |
|  Government National Mortgage Association Series 2021-17 (I/O)<br>1.05%<sup>(10)</sup> | 01/16/61 | 128449783 | 10191784 |
|  Government National Mortgage Association Series 2021-2, Class AH<br>1.50% | 06/16/63 | 95643029 | 69919961 |
|  Government National Mortgage Association Series 2021-21, Class AH<br>1.40% | 06/16/63 | 65752417 | 50868713 |
|  Government National Mortgage Association Series 2021-31 (I/O)<br>0.94%<sup>(10)</sup> | 01/16/61 | 109359732 | 7614456 |
|  Government National Mortgage Association Series 2021-31, Class B<br>1.25% | 01/16/61 | 71512151 | 52072724 |
|  Government National Mortgage Association Series 2022-32 (I/O)<br>0.53%<sup>(10)</sup> | 02/01/62 | 264109052 | 10167538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $259,115,416) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $259,115,416) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $259,115,416) | 236716488 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—11.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—11.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—11.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—11.5%** |
|  Aames Mortgage Trust Series 2002-1, Class A3<br>7.40% | 06/25/32 | 14003 | 13779 |
|  ABFC Trust Series 2006-OPT3, Class A3B<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 11/25/36 | 37653649 | 15301313 |
|  ABFC Trust Series 2007-WMC1, Class A2A<br>5.18% (1 mo. USD Term SOFR + 0.864%)<sup>(2)</sup> | 06/25/37 | 18618556 | 15527721 |
|  ABFC Trust Series 2007-WMC1, Class A2B<br>5.43% (1 mo. USD Term SOFR + 1.114%)<sup>(2)</sup> | 06/25/37 | 13601507 | 11343053 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2004- IN1, Class A1<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 05/25/34 | 108992 | 102784 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006- HE3, Class A2C<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 06/25/36 | 2130514 | 1580050 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007- ASP2, Class A1<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 06/25/37 | 23051469 | 16595571 |
|  Adjustable Rate Mortgage Trust Series 2005-10, Class 6A1<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 01/25/36 | 117155 | 109920 |
|  Adjustable Rate Mortgage Trust Series 2007-3, Class 2A1<br>6.05%<sup>(1),(10)</sup> | 11/25/37 | 24348963 | 16142349 |
|  Ajax Mortgage Loan Trust Series 2019-F, Class A1<br>2.86%<sup>(1)</sup> | 07/25/59 | 65587 | 63730 |
|  American Home Mortgage Assets Trust Series 2006-3, Class 2A1<br>5.55% (1 yr. MTA + 1.150%)<sup>(2)</sup> | 10/25/46 | 28586446 | 18432095 |
|  American Home Mortgage Assets Trust Series 2007-1, Class A1<br>5.10% (1 yr. MTA + 0.700%)<sup>(2)</sup> | 02/25/47 | 43408243 | 15123284 |
|  American Home Mortgage Assets Trust Series 2007-2, Class A1<br>4.56% (1 mo. USD Term SOFR + 0.239%)<sup>(2)</sup> | 03/25/47 | 19903666 | 17767728 |
|  American Home Mortgage Investment Trust Series 2004-3, Class 2A<br>4.94% (6 mo. USD Term SOFR + 1.928%)<sup>(2)</sup> | 10/25/34 | 1531830 | 1517987 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W2, Class M1<br>5.17% (1 mo. USD Term SOFR + 0.849%)<sup>(2)</sup> | 10/25/35 | 27230 | 26971 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates Series 2005-W3, Class M1<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 11/25/35 | 7377661 | 7192947 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2006-HE6, Class A5<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 11/25/36 | 8641266 | 8425927 |
|  Banc of America Funding Trust Series 2003-2, Class 1A1<br>6.50% | 06/25/32 | 9510 | 9666 |
|  Banc of America Funding Trust Series 2006-D, Class 3A1<br>4.91%<sup>(10)</sup> | 05/20/36 | 2013268 | 1801237 |
|  Banc of America Funding Trust Series 2006-E, Class 2A1<br>5.58%<sup>(10)</sup> | 06/20/36 | 20062 | 18105 |
|  Banc of America Funding Trust Series 2006-H, Class 3A1<br>4.23%<sup>(10)</sup> | 09/20/46 | 384126 | 315089 |
|  Banc of America Mortgage Trust Series 2004-F, Class 1A1<br>5.86%<sup>(10)</sup> | 07/25/34 | 11670 | 11252 |
|  Banc of America Mortgage Trust Series 2005-C, Class 2A2<br>5.90%<sup>(10)</sup> | 04/25/35 | 62316 | 61825 |
|  Banc of America Mortgage Trust Series 2007-1, Class 1A2<br>6.00% | 03/25/37 | 309113 | 264478 |
|  Banc of America Mortgage Trust Series 2007-3, Class 1A1<br>6.00% | 09/25/37 | 117440 | 96545 |
|  BCAP LLC Trust Series 2007-AA2, Class 2A5<br>6.00% | 04/25/37 | 201891 | 89243 |
|  BCAP LLC Trust Series 2007-AA5, Class A1<br>5.73% (1 mo. USD Term SOFR + 1.414%)<sup>(2)</sup> | 09/25/47 | 10868014 | 9663602 |
|  Bear Stearns ALT-A Trust Series 2005-4, Class 22A<br>4.97%<sup>(10)</sup> | 05/25/35 | 4824 | 4708 |
|  Bear Stearns ALT-A Trust Series 2006-4, Class 32A1<br>4.27%<sup>(10)</sup> | 07/25/36 | 1198699 | 511676 |
|  Bear Stearns ARM Trust Series 2004-10, Class 14A<br>5.06%<sup>(10)</sup> | 01/25/35 | 1515687 | 1482644 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  Bear Stearns ARM Trust Series 2006-4, Class 2A1<br>4.34%<sup>(10)</sup> | 10/25/36 | $142043 | $125180 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2005-AC5, Class 2A3<br>4.68% (1 mo. USD Term SOFR + 0.364%)<sup>(2)</sup> | 08/25/49 | 835138 | 484418 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2006-AC2, Class 21A (PAC)<br>6.00% | 03/25/36 | 55663 | 55663 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2006-HE9, Class 3A<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 11/25/36 | 1659729 | 1646290 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2007-AC1, Class A3<br>6.55% | 02/25/37 | 24164303 | 22670297 |
|  Bear Stearns Asset-Backed Securities Trust Series 2003-AC7, Class A1<br>5.50% | 01/25/34 | 360265 | 300624 |
|  Bear Stearns Asset-Backed Securities Trust Series 2003-AC7, Class A2<br>5.75% | 01/25/34 | 324803 | 270976 |
|  Bear Stearns Mortgage Funding Trust Series 2006-AR3, Class 1A1<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 10/25/36 | 804950 | 716553 |
|  Bear Stearns Mortgage Funding Trust Series 2006-AR5, Class 1A1<br>4.59% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 12/25/46 | 11294185 | 10114099 |
|  Bear Stearns Mortgage Funding Trust Series 2007-AR5, Class 1A1<br>4.77% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 06/25/47 | 1776344 | 1576020 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.52% | 02/25/37 | 20797297 | 12221189 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2D<br>3.52% | 02/25/37 | 15226718 | 8947730 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2E<br>3.52% | 02/25/37 | 2768955 | 1627131 |
|  C-BASS Trust Series 2006-CB7, Class A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 10/25/36 | 29902695 | 21467321 |
|  C-BASS Trust Series 2006-CB9, Class A3<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 11/25/36 | 21289118 | 9670897 |
|  C-BASS Trust Series 2007-CB1, Class AF4<br>3.11% | 01/25/37 | 5747242 | 1586986 |
|  C-BASS Trust Series 2007-CB1, Class AF5<br>3.11% | 01/25/37 | 10800436 | 2981384 |
|  C-BASS Trust Series 2007-CB5, Class A2<br>3.20% (1 mo. USD Term SOFR + 0.284%)<sup>(2)</sup> | 04/25/37 | 18066199 | 10335479 |
|  Carrington Mortgage Loan Trust Series 2006-NC3, Class A4<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 08/25/36 | 46429000 | 38854782 |
|  Carrington Mortgage Loan Trust Series 2007-RFC1, Class A4<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 10/25/36 | 22415000 | 20062160 |
|  Chase Funding Trust Series 2003-5, Class 2A2<br>5.03% (1 mo. USD Term SOFR + 0.714%)<sup>(2)</sup> | 07/25/33 | 2079 | 2090 |
|  Chase Funding Trust Series 2004-2, Class 2A2<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 02/26/35 | 2463 | 2426 |
|  Chase Mortgage Finance Trust Series 2006-A1, Class 1A2<br>4.44%<sup>(10)</sup> | 09/25/36 | 273050 | 246263 |
|  Chase Mortgage Finance Trust Series 2006-S3, Class 2A1<br>5.50% | 11/25/49 | 1301032 | 433442 |
|  Chase Mortgage Finance Trust Series 2007-A2, Class 2A3<br>6.61%<sup>(10)</sup> | 06/25/35 | 500727 | 500083 |
|  ChaseFlex Trust Series 2006-2, Class A2B<br>4.37% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 09/25/36 | 3371183 | 2827732 |
|  CHL Mortgage Pass-Through Trust Series 2001-HYB1, Class 1A1<br>6.29%<sup>(10)</sup> | 06/19/31 | 4084 | 4059 |
|  CHL Mortgage Pass-Through Trust Series 2004-14, Class 4A1<br>6.54%<sup>(10)</sup> | 08/25/34 | 501333 | 470788 |
|  CHL Mortgage Pass-Through Trust Series 2004-25, Class 1A1<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 02/25/35 | 53333 | 50241 |
|  CHL Mortgage Pass-Through Trust Series 2004-7, Class 2A1<br>5.42%<sup>(10)</sup> | 06/25/34 | 36250 | 33399 |
|  CHL Mortgage Pass-Through Trust Series 2004-HYB3, Class 1A<br>6.68%<sup>(10)</sup> | 06/20/34 | 3858 | 3808 |
|  CHL Mortgage Pass-Through Trust Series 2004-HYB4, Class 2A1<br>5.76%<sup>(10)</sup> | 09/20/34 | 309931 | 299250 |
|  CHL Mortgage Pass-Through Trust Series 2005-11, Class 1A2<br>4.49%<sup>(10)</sup> | 04/25/35 | 189942 | 164541 |
|  CHL Mortgage Pass-Through Trust Series 2007-HY5, Class 1A1<br>5.31%<sup>(10)</sup> | 09/25/47 | 455852 | 359167 |
|  CHL Mortgage Pass-Through Trust Series 2007-HYB1, Class 1A1<br>3.94%<sup>(10)</sup> | 03/25/37 | 806946 | 684403 |
|  CIM Trust Series 2019-R1, Class A<br>3.25%<sup>(1),(10)</sup> | 10/25/58 | 32961575 | 30012058 |
|  CIM Trust Series 2019-R3, Class A<br>2.63%<sup>(1),(10)</sup> | 06/25/58 | 63238827 | 59144486 |
|  CIM Trust Series 2019-R4, Class A1<br>3.00%<sup>(1),(10)</sup> | 10/25/59 | 69194369 | 64492557 |
|  CIM Trust Series 2020-R1, Class A1<br>2.85%<sup>(1),(10)</sup> | 10/27/59 | 105471344 | 94335606 |
|  CIM Trust Series 2020-R3, Class A1A<br>4.00%<sup>(1),(10)</sup> | 01/26/60 | 76825048 | 74067090 |
|  CIM Trust Series 2020-R6, Class A1<br>2.25%<sup>(1),(10)</sup> | 12/25/60 | 62696791 | 56316050 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(10)</sup> | 12/25/60 | 37859630 | 34650114 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  CIM Trust Series 2020-R7, Class A1A<br>2.25%<sup>(1),(10)</sup> | 12/27/61 | $154116642 | $141548984 |
|  CIM Trust Series 2021-R1, Class A2<br>2.40%<sup>(1),(10)</sup> | 08/25/56 | 53523428 | 48762995 |
|  CIM Trust Series 2021-R2, Class A2<br>2.50%<sup>(1),(10)</sup> | 01/25/57 | 46494165 | 43263452 |
|  CIM Trust Series 2021-R3, Class A1A<br>1.95%<sup>(1),(10)</sup> | 06/25/57 | 146591572 | 135677756 |
|  CIM Trust Series 2021-R4, Class A1A<br>2.00%<sup>(1),(10)</sup> | 05/01/61 | 137566637 | 127088035 |
|  CIM Trust Series 2021-R5, Class A1<br>2.00%<sup>(1),(10)</sup> | 08/25/61 | 33081769 | 28336583 |
|  CIM Trust Series 2021-R5, Class A1A<br>2.00%<sup>(1),(10)</sup> | 08/25/61 | 130733672 | 113712043 |
|  CIM Trust Series 2022-I1, Class A1<br>4.35%<sup>(1),(10)</sup> | 02/25/67 | 27913635 | 27903636 |
|  CIM Trust Series 2023-R1, Class A1A<br>5.40%<sup>(1),(10)</sup> | 04/25/62 | 235591072 | 234355067 |
|  CIM Trust Series 2023-R3, Class A1<br>4.50%<sup>(1),(10)</sup> | 01/25/63 | 33213873 | 31325953 |
|  CIM Trust Series 2023-R3, Class A1A<br>4.50%<sup>(1),(10)</sup> | 01/25/63 | 186484360 | 177471273 |
|  Citicorp Mortgage Securities, Inc. Series 2005-1, Class 1A1<br>5.00% | 02/25/35 | 61844 | 60756 |
|  Citicorp Residential Mortgage Trust Series 2007-1, Class A5<br>6.55% | 03/25/37 | 30308 | 30181 |
|  Citigroup Mortgage Loan Trust Series 2005-9, Class 1A1<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 11/25/35 | 85040 | 73112 |
|  Citigroup Mortgage Loan Trust Series 2006-AR2, Class 1A1<br>5.80%<sup>(10)</sup> | 03/25/36 | 5525970 | 4180361 |
|  Citigroup Mortgage Loan Trust Series 2014-5, Class 2A2<br>4.93% (1 mo. USD LIBOR + 1.750%)<sup>(1),(2)</sup> | 02/20/36 | 4601357 | 4270378 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2005-5, Class 3A2<br>5.17%<sup>(10)</sup> | 10/25/35 | 265615 | 235071 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-WF2, Class A1<br>7.25% | 05/25/36 | 26006885 | 12901392 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-6, Class 1A4<br>4.74%<sup>(10)</sup> | 03/25/37 | 101838 | 99153 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-AR5, Class 1A1<br>5.27%<sup>(10)</sup> | 04/25/37 | 39584 | 35748 |
|  Countrywide Alternative Loan Trust Series 2004-30CB, Class 1A6<br>5.50% | 02/25/35 | 18650418 | 18538571 |
|  Countrywide Alternative Loan Trust Series 2004-J6, Class 2A1<br>6.50% | 11/25/31 | 1233 | 1264 |
|  Countrywide Alternative Loan Trust Series 2005-76, Class 2A1<br>5.40% (1 yr. MTA + 1.000%)<sup>(2)</sup> | 02/25/36 | 25577887 | 23296526 |
|  Countrywide Alternative Loan Trust Series 2005-84, Class 1A1<br>5.27%<sup>(10)</sup> | 02/25/36 | 21931 | 18862 |
|  Countrywide Alternative Loan Trust Series 2006-HY13, Class 4A1<br>4.82%<sup>(10)</sup> | 02/25/37 | 582692 | 516783 |
|  Countrywide Alternative Loan Trust Series 2007-J1, Class 2A1<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 03/25/37 | 517031 | 139415 |
|  Countrywide Asset-Backed Certificates Trust Series 2005-13, Class AF4<br>5.81%<sup>(10)</sup> | 04/25/36 | 94015 | 87720 |
|  Countrywide Asset-Backed Certificates Trust Series 2007-13, Class 2A2<br>5.23% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 10/25/47 | 5671105 | 5296051 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2003-AR20, Class 2A4<br>5.50%<sup>(10)</sup> | 08/25/33 | 3462 | 3371 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2005-6, Class 8A1<br>4.50% | 07/25/49 | 2580 | 2339 |
|  Credit-Based Asset Servicing & Securitization LLC Series 2003-CB1, Class AF<br>3.95% | 01/25/33 | 2856 | 2754 |
|  Credit-Based Asset Servicing & Securitization LLC Series 2006-CB8, Class A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 10/25/36 | 7482744 | 6840686 |
|  CSAB Mortgage-Backed Trust Series 2006-4, Class A6B<br>6.28% | 12/25/36 | 5268016 | 230306 |
|  CSFB Mortgage-Backed Pass-Through Certificates Series 2004-1, Class 2A1<br>6.50% | 02/25/34 | 2282 | 2284 |
|  CSFB Mortgage-Backed Pass-Through Certificates Series 2004-AR5, Class 6A1<br>6.06%<sup>(10)</sup> | 06/25/34 | 31252 | 30879 |
|  CSMC Series 2015-6R, Class 2A1<br>4.20% (1 mo. USD Term SOFR + 0.314%)<sup>(1),(2)</sup> | 11/27/46 | 322280 | 324182 |
|  CSMC Trust Series 2021-NQM6, Class A1<br>1.17%<sup>(1),(10)</sup> | 07/25/66 | 5499904 | 4615057 |
|  CSMC Trust Series 2021-RP11, Class PT<br>3.74%<sup>(1),(10)</sup> | 10/25/61 | 200490482 | 162464956 |
|  CSMC Trust Series 2021-RP11, Class SA (I/O)<br>0.00%<sup>(1),(10)</sup> | 10/25/61 | 149394 | 144820 |
|  CSMC Trust Series 2022-RPL1, Class PT<br>4.62%<sup>(1),(10)</sup> | 04/25/61 | 199539980 | 173016368 |
|  CSMC Trust Series 2022-RPL1, Class SA (I/O)<br>0.00%<sup>(1),(10)</sup> | 04/25/61 | 319531 | 313718 |
|  CSMCM Trust Series 2021-RP11, Class CERT<br>3.78%<sup>(1)</sup> | 10/27/61 | 8422011 | 6522959 |
|  CSMCM Trust Series 2022-RPL1, Class CERT<br>4.23%<sup>(1)</sup> | 04/25/61 | 8308512 | 6904236 |
|  Deephaven Residential Mortgage Trust Series 2021-4, Class A1<br>1.93%<sup>(1),(10)</sup> | 11/25/66 | 19481281 | 17132164 |
|  Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR4, Class A1<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 12/25/36 | 1312591 | 452584 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2005-6, Class 1A7<br>5.50% | 12/25/35 | 203523 | 164081 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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-AR1, Class 2A1<br>3.94%<sup>(10)</sup> | 02/25/36 | $477433 | $315457 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR3, Class A1<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 08/25/36 | 1621281 | 1471527 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR4, Class A2<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 12/25/36 | 24092405 | 7669208 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2006-AR6, Class A6<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 02/25/37 | 289729 | 250924 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-3, Class 1A1<br>6.14% (1 mo. USD Term SOFR + 1.814%)<sup>(2)</sup> | 10/25/47 | 16257848 | 12588862 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-AR3, Class 2A4<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 06/25/37 | 13423017 | 11553850 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series 2007-OA3, Class A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 07/25/47 | 23660317 | 22004528 |
|  DSLA Mortgage Loan Trust Series 2004-AR4, Class 2A1<br>5.15% (1 mo. USD Term SOFR + 0.834%)<sup>(2)</sup> | 01/19/45 | 959271 | 731297 |
|  DSLA Mortgage Loan Trust Series 2005-AR3, Class 2A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 07/19/45 | 55713 | 53802 |
|  DSLA Mortgage Loan Trust Series 2006-AR2, Class 2A1A<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 10/19/36 | 12083431 | 8031842 |
|  DSLA Mortgage Loan Trust Series 2007-AR1, Class 2A1A<br>4.57% (1 mo. USD Term SOFR + 0.254%)<sup>(2)</sup> | 03/19/37 | 4632028 | 3816321 |
|  Equity One Mortgage Pass-Through Trust Series 2002-4, Class M1<br>5.22%<sup>(10)</sup> | 02/25/33 | 2310 | 2259 |
|  Equity One Mortgage Pass-Through Trust Series 2002-5, Class M1<br>5.80% | 11/25/32 | 20233 | 20746 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R07, Class 1B1<br>7.82% (30 day USD SOFR Average + 3.514%)<sup>(1),(2)</sup> | 10/25/39 | 10179467 | 10407855 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R01, Class 1B1<br>7.41% (30 day USD SOFR Average + 3.100%)<sup>(1),(2)</sup> | 10/25/41 | 5660000 | 5800597 |
|  First Franklin Mortgage Loan Trust Series 2006-FF13, Class A2C<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 10/25/36 | 8553232 | 5596191 |
|  First Franklin Mortgage Loan Trust Series 2006-FF13, Class A2D<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 10/25/36 | 539346 | 352746 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2B<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 12/25/37 | 4178625 | 3824329 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2C<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 12/25/37 | 11491593 | 10517944 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2D<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 12/25/37 | 8328733 | 7622404 |
|  First Franklin Mortgage Loan Trust Series 2006-FF5, Class 1A<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 04/25/36 | 1135465 | 1131421 |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2C<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 01/25/38 | 46809996 | 25476687 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 03/25/37 | 42615520 | 22119513 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2B<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 03/25/37 | 18880809 | 8920984 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2C<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 03/25/37 | 10824066 | 5127302 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2D<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 03/25/37 | 32018829 | 15181600 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA2, Class 1A1<br>5.66%<sup>(10)</sup> | 08/25/34 | 2220674 | 2168646 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A1<br>5.15%<sup>(10)</sup> | 09/25/34 | 4398 | 4484 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA4, Class A1<br>5.23%<sup>(10)</sup> | 10/25/34 | 297870 | 293721 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA10, Class 1A1<br>5.24%<sup>(10)</sup> | 12/25/35 | $5505664 | $4552992 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA12, Class 2A1<br>4.94%<sup>(10)</sup> | 02/25/36 | 5525193 | 3396804 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA4, Class 2A1<br>5.19%<sup>(10)</sup> | 06/25/35 | 5249782 | 4880773 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA7, Class 2A1<br>5.20%<sup>(10)</sup> | 09/25/35 | 3886638 | 3462471 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA8, Class 2A1<br>5.11%<sup>(10)</sup> | 10/25/35 | 6353856 | 3575035 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA9, Class 2A1<br>5.34%<sup>(10)</sup> | 11/25/35 | 5530543 | 4813924 |
|  First Horizon Mortgage Pass-Through Trust Series 2004-AR6, Class 2A1<br>4.48%<sup>(10)</sup> | 12/25/34 | 54519 | 52982 |
|  First Horizon Mortgage Pass-Through Trust Series 2006-AR4, Class 1A2<br>5.04%<sup>(10)</sup> | 01/25/37 | 38507 | 19381 |
|  First Horizon Mortgage Pass-Through Trust Series 2007-AR3, Class 1A1<br>4.89%<sup>(10)</sup> | 11/25/37 | 65067 | 25453 |
|  GMACM Home Equity Loan Trust Series 2000-HE2, Class A1<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(2)</sup> | 06/25/30 | 6884 | 6191 |
|  GMACM Mortgage Loan Trust Series 2005-AR6, Class 3A1<br>3.85%<sup>(10)</sup> | 11/19/35 | 109591 | 95149 |
|  GMACM Mortgage Loan Trust Series 2006-AR2, Class 1A1<br>4.38%<sup>(10)</sup> | 05/19/36 | 1454316 | 848331 |
|  GreenPoint Mortgage Funding Trust Series 2005-AR4, Class G41<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(2)</sup> | 10/25/45 | 6010438 | 5619890 |
|  GreenPoint Mortgage Funding Trust Series 2006-OH1, Class A1<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 01/25/37 | 8127726 | 7439699 |
|  GS Mortgage-Backed Securities Trust Series 2018-RPL1, Class A1A<br>3.75%<sup>(1)</sup> | 10/25/57 | 12497095 | 12212383 |
|  GS Mortgage-Backed Securities Trust Series 2021-PJ9, Class A2<br>2.50%<sup>(1),(10)</sup> | 02/26/52 | 7655742 | 6248580 |
|  GS Mortgage-Backed Securities Trust Series 2023-PJ1, Class A3<br>3.00%<sup>(1),(10)</sup> | 02/25/53 | 85361672 | 72557925 |
|  GSAA Home Equity Trust Series 2005-11, Class 2A2<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 10/25/35 | 22583 | 24460 |
|  GSAA Home Equity Trust Series 2005-6, Class M1<br>5.08% (1 mo. USD Term SOFR + 0.759%)<sup>(2)</sup> | 06/25/35 | 78 | 78 |
|  GSAMP Trust Series 2005-AHL2, Class A2D<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 12/25/35 | 13795195 | 13281517 |
|  GSAMP Trust Series 2007-HE2, Class A1<br>4.67% (1 mo. USD Term SOFR + 0.349%)<sup>(2)</sup> | 03/25/47 | 59866425 | 45924810 |
|  GSMSC Resecuritization Trust Series 2015-3R, Class 1B<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(1),(2)</sup> | 01/26/37 | 10819231 | 9701674 |
|  GSR Mortgage Loan Trust Series 2004-9, Class 3A1<br>5.17%<sup>(10)</sup> | 08/25/34 | 854 | 814 |
|  GSR Mortgage Loan Trust Series 2004-9, Class 5A7<br>4.94%<sup>(10)</sup> | 08/25/34 | 4566 | 4554 |
|  GSR Mortgage Loan Trust Series 2005-AR5, Class 2A3<br>5.08%<sup>(10)</sup> | 10/25/35 | 1668917 | 852153 |
|  GSR Mortgage Loan Trust Series 2005-AR6, Class 4A5<br>5.96%<sup>(10)</sup> | 09/25/35 | 29663 | 26910 |
|  GSR Mortgage Loan Trust Series 2007-AR2, Class 2A1<br>5.30%<sup>(10)</sup> | 05/25/37 | 1158652 | 608859 |
|  HarborView Mortgage Loan Trust Series 2004-1, Class 2A<br>6.00%<sup>(10)</sup> | 04/19/34 | 2734 | 2552 |
|  HarborView Mortgage Loan Trust Series 2004-11, Class 3A2<br>5.11% (1 mo. USD Term SOFR + 0.794%)<sup>(2)</sup> | 01/19/35 | 132820 | 132913 |
|  HarborView Mortgage Loan Trust Series 2004-3, Class 1A<br>5.84%<sup>(10)</sup> | 05/19/34 | 23309 | 22344 |
|  HarborView Mortgage Loan Trust Series 2005-3, Class 2A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 06/19/35 | 104695 | 102278 |
|  HarborView Mortgage Loan Trust Series 2006-1, Class 2A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 03/19/36 | 8407068 | 7690203 |
|  HarborView Mortgage Loan Trust Series 2006-10, Class 1A1<br>4.84% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 11/19/36 | 44797126 | 34289024 |
|  HarborView Mortgage Loan Trust Series 2006-4, Class 1A1A<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 05/19/46 | 28492015 | 14285147 |
|  HarborView Mortgage Loan Trust Series 2006-5, Class 1A1<br>5.31% (1 yr. MTA + 0.910%)<sup>(2)</sup> | 07/19/47 | 33099972 | 10659078 |
|  HarborView Mortgage Loan Trust Series 2006-7, Class 1A<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 09/19/46 | 45492253 | 38609457 |
|  HarborView Mortgage Loan Trust Series 2007-7, Class 1A1<br>6.43% (1 mo. USD Term SOFR + 2.114%)<sup>(2)</sup> | 10/25/37 | 13908004 | 11159070 |
|  HarborView Mortgage Loan Trust Series 2007-7, Class 2A1<br>6.43% (1 mo. USD Term SOFR + 2.114%)<sup>(2)</sup> | 10/25/37 | 10110396 | 9362724 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  HSI Asset Securitization Corp. Trust Series 2006-HE1, Class 1A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 10/25/36 | $49282243 | $13454190 |
|  Impac CMB Trust Series 2004-8, Class 2A1<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 10/25/34 | 7386 | 7377 |
|  Impac CMB Trust Series 2005-1, Class 1A1<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 04/25/35 | 1093362 | 1055707 |
|  Impac Secured Assets Trust Series 2006-3, Class A1<br>4.77% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 11/25/36 | 3039131 | 2765179 |
|  Impac Secured Assets Trust Series 2006-5, Class 1A1<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 02/25/37 | 5526864 | 5091789 |
|  Impac Secured Assets Trust Series 2007-2, Class 1A1<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 05/25/37 | 25294580 | 21222075 |
|  IndyMac INDA Mortgage Loan Trust Series 2007-AR1, Class 1A2<br>4.12%<sup>(10)</sup> | 03/25/37 | 274941 | 213798 |
|  IndyMac INDA Mortgage Loan Trust Series 2007-AR7, Class 1A1<br>3.50%<sup>(10)</sup> | 11/25/37 | 1150614 | 952026 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR4, Class 1A<br>4.85%<sup>(10)</sup> | 08/25/34 | 492537 | 475122 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR7, Class A2<br>5.29% (1 mo. USD Term SOFR + 0.974%)<sup>(2)</sup> | 09/25/34 | 30324 | 26421 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR19, Class A1<br>3.68%<sup>(10)</sup> | 10/25/35 | 15893755 | 12872311 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR6, Class 2A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 04/25/35 | 316518 | 261113 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR19, Class 1A2<br>3.93%<sup>(10)</sup> | 08/25/36 | 9522882 | 6006277 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR27, Class 2A2<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 10/25/36 | 9795348 | 8825024 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR35, Class 2A3<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 01/25/37 | 22795875 | 20437496 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR7, Class 1A1<br>3.88%<sup>(10)</sup> | 05/25/36 | 2083178 | 1650630 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR7, Class 2A1<br>3.89%<sup>(10)</sup> | 05/25/36 | 16335637 | 11136424 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-AR11, Class 1A1<br>3.34%<sup>(10)</sup> | 06/25/37 | 2029601 | 1818580 |
|  IndyMac Manufactured Housing Contract Pass-Through Certificates Series 1997-1, Class A3<br>6.61% | 02/25/28 | 13526 | 13560 |
|  JPMorgan Alternative Loan Trust Series 2006-A2, Class 5A1<br>4.45%<sup>(10)</sup> | 05/25/36 | 3716763 | 2111856 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WF1, Class A3A<br>6.33% | 07/25/36 | 26600531 | 7123167 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WF1, Class A6<br>6.50% | 07/25/36 | 3709380 | 992810 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF1<br>4.41% (1 mo. USD Term SOFR + 0.214%)<sup>(2)</sup> | 03/25/47 | 91343 | 61448 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF2<br>4.26% | 03/25/47 | 5975488 | 3895374 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF3<br>4.26% | 05/25/35 | 5029102 | 3277878 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AF4<br>4.26% | 03/25/47 | 2285956 | 1489397 |
|  JPMorgan Mortgage Acquisition Corp. Series 2007-HE1, Class AV4<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 03/25/47 | 228752 | 218848 |
|  JPMorgan Mortgage Trust Series 2003-A2, Class 2A3<br>5.87%<sup>(10)</sup> | 11/25/33 | 35039 | 33487 |
|  JPMorgan Mortgage Trust Series 2004-A4, Class 1A3<br>7.29%<sup>(10)</sup> | 09/25/34 | 71677 | 69143 |
|  JPMorgan Mortgage Trust Series 2005-A5, Class TA1<br>6.50%<sup>(10)</sup> | 08/25/35 | 30521 | 29106 |
|  JPMorgan Mortgage Trust Series 2005-S2, Class 4A3<br>5.50% | 09/25/49 | 1497157 | 760195 |
|  JPMorgan Mortgage Trust Series 2006-A2, Class 5A3<br>7.11%<sup>(10)</sup> | 11/25/33 | 682 | 677 |
|  JPMorgan Mortgage Trust Series 2006-A3, Class 2A1<br>5.20%<sup>(10)</sup> | 05/25/36 | 387977 | 328681 |
|  JPMorgan Mortgage Trust Series 2006-A3, Class 3A3<br>4.52%<sup>(10)</sup> | 05/25/36 | 251284 | 205729 |
|  JPMorgan Mortgage Trust Series 2006-A4, Class 1A1<br>5.18%<sup>(10)</sup> | 06/25/36 | 209287 | 142910 |
|  JPMorgan Mortgage Trust Series 2006-A4, Class 1A4<br>5.18%<sup>(10)</sup> | 06/25/36 | 674675 | 460695 |
|  JPMorgan Mortgage Trust Series 2006-A5, Class 2A4<br>5.81%<sup>(10)</sup> | 08/25/36 | 186695 | 148273 |
|  JPMorgan Mortgage Trust Series 2007-A1, Class 5A2<br>6.37%<sup>(10)</sup> | 07/25/35 | 320947 | 326008 |
|  JPMorgan Mortgage Trust Series 2007-A3, Class 2A3<br>5.23%<sup>(10)</sup> | 05/25/37 | 1005612 | 854464 |
|  JPMorgan Mortgage Trust Series 2007-A3, Class 3A2<br>5.03%<sup>(10)</sup> | 05/25/37 | 170032 | 149308 |
|  JPMorgan Mortgage Trust Series 2007-A4, Class 2A3<br>4.85%<sup>(10)</sup> | 06/25/37 | 196473 | 154027 |
|  Lehman ABS Mortgage Loan Trust Series 2007-1, Class 2A2<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(1),(2)</sup> | 06/25/37 | 160765 | 106893 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  Lehman XS Trust Series 2005-5N, Class 3A1<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 11/25/35 | $395919 | $394557 |
|  Lehman XS Trust Series 2005-7N, Class 1A1<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 12/25/35 | 205912 | 191922 |
|  Lehman XS Trust Series 2006-12N, Class A31A<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 08/25/46 | 5773626 | 5874302 |
|  Lehman XS Trust Series 2006-14N, Class 3A2<br>4.67% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 08/25/36 | 20229 | 21573 |
|  Lehman XS Trust Series 2006-5, Class 1A1<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 04/25/36 | 16200033 | 13998069 |
|  Lehman XS Trust Series 2006-8, Class 1A1<br>4.75% (1 mo. USD Term SOFR + 0.274%)<sup>(2)</sup> | 06/25/36 | 21574685 | 19560341 |
|  Lehman XS Trust Series 2007-4N, Class 1A3<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 03/25/47 | 11774132 | 10114816 |
|  Long Beach Mortgage Loan Trust Series 2004-4, Class M1<br>5.33% (1 mo. USD Term SOFR + 1.014%)<sup>(2)</sup> | 10/25/34 | 40487 | 39206 |
|  Luminent Mortgage Trust Series 2006-5, Class A1A<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 07/25/36 | 24600164 | 15133976 |
|  Luminent Mortgage Trust Series 2006-6, Class A1<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(2)</sup> | 10/25/46 | 7775894 | 7097973 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-6, Class 4A2<br>4.41%<sup>(10)</sup> | 01/25/34 | 9742 | 9544 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-7, Class 3A1<br>6.84%<sup>(10)</sup> | 11/25/33 | 223214 | 222465 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A1<br>6.04%<sup>(10)</sup> | 11/21/34 | 1171434 | 1131442 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-8, Class 2A1<br>5.37%<sup>(10)</sup> | 09/25/34 | 940682 | 902571 |
|  MASTR Adjustable Rate Mortgages Trust Series 2006-2, Class 5A1<br>4.45%<sup>(10)</sup> | 05/25/36 | 4287258 | 1363965 |
|  MASTR Adjustable Rate Mortgages Trust Series 2007-1, Class I1A<br>4.82% (1 mo. USD Term SOFR + 0.504%)<sup>(2)</sup> | 01/25/47 | 76806827 | 30950164 |
|  MASTR Asset-Backed Securities Trust Series 2006-HE4, Class A3<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 11/25/36 | 11639648 | 3477604 |
|  MASTR Asset-Backed Securities Trust Series 2006-HE4, Class A4<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 11/25/36 | 3233236 | 965731 |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A3<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 05/25/37 | 8730141 | 8472373 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>7.56%<sup>(10)</sup> | 10/25/32 | 5944 | 5845 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 04/25/37 | 116546719 | 50828775 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2B<br>4.77% (1 mo. USD Term SOFR + 0.454%)<sup>(2)</sup> | 04/25/37 | 23915442 | 9137701 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2C<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 04/25/37 | 50099070 | 19268403 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2C<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 05/25/37 | 13582247 | 9872228 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2, Class A2D<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 05/25/37 | 6707503 | 4906215 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2C<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(2)</sup> | 06/25/37 | 3758813 | 3760026 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3, Class A2D<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/37 | 5601931 | 5617087 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A2<br>4.67% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 07/25/37 | 8969225 | 8865537 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A3<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 07/25/37 | 6574665 | 6523546 |
|  Merrill Lynch Mortgage Investors Trust Series 2003-A6, Class 2A<br>7.62%<sup>(10)</sup> | 10/25/33 | 109620 | 107169 |
|  Merrill Lynch Mortgage Investors Trust Series 2004-A4, Class A1<br>5.25%<sup>(10)</sup> | 08/25/34 | 377293 | 356885 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |  |
|  Merrill Lynch Mortgage Investors Trust Series 2005-A10, Class A<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 02/25/36 | $3192 | $3130 |
|  Merrill Lynch Mortgage Investors Trust Series 2006-WMC2, Class A2B<br>3.87% | 03/25/37 | 26190890 | 5184770 |
|  Merrill Lynch Mortgage Investors Trust Series 2006-WMC2, Class A2D<br>3.87% | 03/25/37 | 20498709 | 4053206 |
|  Merrill Lynch Mortgage-Backed Securities Trust Series 2007-2, Class 1A1<br>6.53% (1 yr. CMT + 2.400%)<sup>(2)</sup> | 08/25/36 | 1256665 | 1075620 |
|  Mid-State Capital Corp. Trust Series 2005-1, Class A<br>5.75% | 01/15/40 | 2005138 | 2002756 |
|  Mid-State Capital Corp. Trust Series 2006-1, Class A<br>5.79%<sup>(1)</sup> | 10/15/40 | 3946660 | 3959494 |
|  Mid-State Trust XI Series 11, Class A1<br>4.86% | 07/15/38 | 41437 | 41300 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-11AR, Class 1A1<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 01/25/35 | 47483 | 45047 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-7AR, Class 2A4<br>5.30%<sup>(10)</sup> | 09/25/34 | 175949 | 172034 |
|  Morgan Stanley Mortgage Loan Trust Series 2005-2AR, Class A<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 04/25/35 | 493194 | 492046 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-7, Class 5A2<br>5.96%<sup>(10)</sup> | 06/25/36 | 629407 | 167145 |
|  MortgageIT Trust Series 2005-1, Class 1A1<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 02/25/35 | 923107 | 936557 |
|  MortgageIT Trust Series 2005-4, Class A1<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 10/25/35 | 965491 | 962435 |
|  MortgageIT Trust Series 2005-5, Class A1<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 12/25/35 | 237874 | 234977 |
|  Nationstar Home Equity Loan Trust Series 2007-C, Class 2AV4<br>4.68% (1 mo. USD Term SOFR + 0.364%)<sup>(2)</sup> | 06/25/37 | 3254773 | 3177060 |
|  NLT Trust Series 2021-INV3, Class PT<br>0.00%<sup>(1),(10)</sup> | 11/25/56 | 136367492 | 129320620 |
|  Oakwood Mortgage Investors, Inc. Series 2000-A, Class A5<br>8.16%<sup>(10)</sup> | 09/15/29 | 20571005 | 2793882 |
|  OBX Trust Series 2021-NQM4, Class A1<br>1.96%<sup>(1),(10)</sup> | 10/25/61 | 4252878 | 3613685 |
|  Ownit Mortgage Loan Trust Series 2006-4, Class A1<br>4.72% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 05/25/37 | 2114514 | 2088725 |
|  Ownit Mortgage Loan Trust Series 2006-4, Class A2D<br>4.92% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 05/25/37 | 13872088 | 11340658 |
|  Popular ABS Mortgage Pass-Through Trust Series 2005-6, Class A5<br>3.29% | 01/25/36 | 15479558 | 14697684 |
|  Popular ABS Mortgage Pass-Through Trust Series 2007-A, Class A3<br>4.74% (1 mo. USD Term SOFR + 0.424%)<sup>(2)</sup> | 06/25/47 | 16627225 | 15511598 |
|  Popular ABS, Inc. Series 1998-1, Class A2<br>7.48% | 11/25/29 | 43738 | 42329 |
|  PRET LLC Series 2022-RN2, Class A1<br>5.00%<sup>(1)</sup> | 06/25/52 | 106361637 | 106576009 |
|  RALI Trust Series 2005-QO5, Class A1<br>5.40% (1 yr. MTA + 1.000%)<sup>(2)</sup> | 01/25/46 | 3079037 | 2419103 |
|  RALI Trust Series 2006-QA1, Class A11<br>5.15%<sup>(10)</sup> | 01/25/36 | 73775 | 53517 |
|  RALI Trust Series 2006-QA1, Class A21<br>5.20%<sup>(10)</sup> | 01/25/36 | 7422758 | 4999047 |
|  RALI Trust Series 2006-QA7, Class 2A1<br>4.80% (1 mo. USD Term SOFR + 0.484%)<sup>(2)</sup> | 08/25/36 | 11530862 | 10505318 |
|  RALI Trust Series 2006-QS10, Class AV (I/O)<br>0.57%<sup>(10)</sup> | 08/25/36 | 10314633 | 193008 |
|  RALI Trust Series 2006-QS12, Class 2A9<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(2)</sup> | 09/25/36 | 106049 | 77388 |
|  RALI Trust Series 2006-QS2, Class 1AV (I/O)<br>0.48%<sup>(10)</sup> | 02/25/36 | 38703443 | 636323 |
|  RALI Trust Series 2006-QS7, Class AV (I/O)<br>0.73%<sup>(10)</sup> | 06/25/36 | 16813407 | 414570 |
|  RALI Trust Series 2006-QS8, Class AV (I/O)<br>0.79%<sup>(10)</sup> | 08/25/36 | 42219033 | 1239601 |
|  RALI Trust Series 2007-QS1, Class 2A4<br>4.98% (1 mo. USD Term SOFR + 0.664%)<sup>(2)</sup> | 01/25/37 | 8094006 | 5553090 |
|  RALI Trust Series 2007-QS10, Class AV (I/O)<br>0.48%<sup>(10)</sup> | 09/25/37 | 33557945 | 675706 |
|  RALI Trust Series 2007-QS4, Class 3AV (I/O)<br>0.38%<sup>(10)</sup> | 03/25/37 | 19079104 | 234146 |
|  RALI Trust Series 2007-QS5, Class AV (I/O)<br>0.28%<sup>(10)</sup> | 03/25/37 | 22659315 | 260738 |
|  RALI Trust Series 2007-QS6, Class AV (I/O)<br>0.34%<sup>(10)</sup> | 04/25/37 | 50760931 | 628791 |
|  RALI Trust Series 2007-QS7, Class 2AV (I/O)<br>0.37%<sup>(10)</sup> | 06/25/37 | 18758762 | 180583 |
|  RALI Trust Series 2007-QS8, Class AV (I/O)<br>0.44%<sup>(10)</sup> | 06/25/37 | 44366877 | 766877 |
|  Residential Asset Mortgage Products Trust Series 2004-SL3, Class A4<br>8.50% | 12/25/31 | 8775 | 4058 |
|  Residential Asset Securities Corporation Trust Series 2006-KS3, Class M1<br>4.93% (1 mo. USD Term SOFR + 0.444%)<sup>(2)</sup> | 04/25/36 | 89002 | 88312 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 1A1<br>6.47%<sup>(10)</sup> | 12/25/34 | 111892 | 112428 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 2A1<br>3.94%<sup>(10)</sup> | 12/25/34 | $9203 | $8386 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 3A1<br>6.48%<sup>(10)</sup> | 12/25/34 | 199606 | 195116 |
|  Residential Asset Securitization Trust Series 2006-A7CB, Class 1A3<br>6.25% | 07/25/36 | 1403988 | 1053305 |
|  Residential Funding Mortgage Securities I Trust Series 2005-SA5, Class 1A<br>3.85%<sup>(10)</sup> | 11/25/35 | 1699381 | 898340 |
|  RFMSI Trust Series 2006-SA3, Class 3A1<br>5.92%<sup>(10)</sup> | 09/25/36 | 86336 | 77276 |
|  RFMSI Trust Series 2006-SA4, Class 2A1<br>5.54%<sup>(10)</sup> | 11/25/36 | 25643 | 21114 |
|  RFMSI Trust Series 2007-SA2, Class 2A2<br>5.59%<sup>(10)</sup> | 04/25/37 | 723367 | 626342 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2C<br>4.67% (1 mo. USD Term SOFR + 0.354%)<sup>(2)</sup> | 05/25/47 | 141021 | 102905 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF2<br>2.84% | 01/25/36 | 5057592 | 4328226 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB5, Class A3<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 06/25/36 | 168508 | 113873 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR1, Class A2A<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 02/25/37 | 4876788 | 2062202 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR1, Class A2B<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 02/25/37 | 24141626 | 10203579 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR2, Class A2<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 02/25/37 | 31578141 | 13958621 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR5, Class A2A<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(2)</sup> | 05/25/37 | 9914483 | 7583547 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR5, Class A2C<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(2)</sup> | 05/25/37 | 7477417 | 5718925 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC1, Class A2B<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(2)</sup> | 12/25/36 | 23461029 | 11446340 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC2, Class A2B<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(2)</sup> | 01/25/37 | 11703151 | 10032239 |
|  Sequoia Mortgage Trust Series 2003-8, Class A1<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 01/20/34 | 290 | 280 |
|  Sequoia Mortgage Trust Series 2004-4, Class A<br>5.08% (6 mo. USD Term SOFR + 0.948%)<sup>(2)</sup> | 05/20/34 | 36391 | 34356 |
|  SG Mortgage Securities Trust Series 2007-NC1, Class A2<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(1),(2)</sup> | 12/25/36 | 11075529 | 6543159 |
|  Soundview Home Loan Trust Series 2005-OPT1, Class M2<br>5.11% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 06/25/35 | 1053034 | 1045472 |
|  STARM Mortgage Loan Trust Series 2007-3, Class 1A1<br>6.58%<sup>(10)</sup> | 06/25/37 | 962531 | 454383 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-1, Class 3A3<br>6.27%<sup>(10)</sup> | 02/25/34 | 2729 | 2672 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>5.07%<sup>(10)</sup> | 09/25/34 | 1041956 | 1020115 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-14, Class 1A<br>5.37%<sup>(10)</sup> | 10/25/34 | 16299 | 15519 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-14, Class 2A<br>5.55%<sup>(10)</sup> | 10/25/34 | 1760872 | 1736088 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-15, Class A<br>5.98%<sup>(10)</sup> | 10/25/34 | 917476 | 816230 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-17, Class A1<br>4.21%<sup>(10)</sup> | 11/25/34 | 19062 | 16710 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-20, Class 1A2<br>4.93%<sup>(10)</sup> | 01/25/35 | 190581 | 183508 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-12, Class 3A1<br>5.01%<sup>(10)</sup> | 06/25/35 | 243420 | 207588 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-18, Class 7A3<br>4.75%<sup>(10)</sup> | 09/25/35 | 8628542 | 4618054 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2006-12, Class 1A1<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(2)</sup> | 01/25/37 | 12037903 | 11569233 |
|  Structured Asset Mortgage Investments II Trust Series 2005-AR8, Class A1A<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(2)</sup> | 02/25/36 | 195081 | 163085 |
|  Structured Asset Mortgage Investments II Trust Series 2005-AR8, Class A3<br>6.75% (1 yr. MTA + 2.000%)<sup>(2)</sup> | 02/25/36 | 6292935 | 5367151 |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR7, Class A1A<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(2)</sup> | 08/25/36 | 8360202 | 6826417 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  Structured Asset Mortgage Investments II Trust Series 2006-AR8, Class A1B<br>4.55% (1 mo. USD Term SOFR + 0.234%)<sup>(2)</sup> | 10/25/36 | $7190360 | $6409424 |
|  Structured Asset Mortgage Investments II Trust Series 2007-AR6, Class A1<br>5.90% (1 yr. MTA + 1.500%)<sup>(2)</sup> | 08/25/47 | 70879012 | 59846240 |
|  Structured Asset Securities Corp. Mortgage Pass-Through Certificates Series 2003-26A, Class 3A5<br>5.66%<sup>(10)</sup> | 09/25/33 | 51523 | 49980 |
|  Structured Asset Securities Corp. Trust Series 2005-5, Class 2A4<br>5.50% | 04/25/35 | 684187 | 661482 |
|  Thornburg Mortgage Securities Trust Series 2004-4, Class 2A<br>5.37%<sup>(10)</sup> | 12/25/44 | 51387 | 48934 |
|  Wachovia Mortgage Loan Trust LLC Series 2006-ALT1, Class A3<br>4.88% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 01/25/37 | 8995269 | 3209260 |
|  Wachovia Mortgage Loan Trust LLC Series 2006-AMN1, Class A3<br>1.85% (1 mo. USD Term SOFR + 0.594%)<sup>(2)</sup> | 08/25/36 | 14161006 | 4685759 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007- HE1, Class 2A2<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(2)</sup> | 01/25/37 | 2689019 | 1221112 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007- HE1, Class 2A4<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 01/25/37 | 8332550 | 3788275 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2003-AR6, Class A1<br>6.38%<sup>(10)</sup> | 06/25/33 | 735121 | 723069 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR3, Class A2<br>5.39%<sup>(10)</sup> | 06/25/34 | 10327 | 9696 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR1, Class A1A<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 01/25/45 | 250771 | 248758 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR13, Class A1A1<br>5.01% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 10/25/45 | 1584269 | 1591199 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR14, Class 2A1<br>5.13%<sup>(10)</sup> | 12/25/35 | 947168 | 880065 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR15, Class A1A1<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(2)</sup> | 11/25/45 | 11996118 | 11540515 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR17, Class A1A<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 12/25/45 | 5240634 | 4810666 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR19, Class A1A<br>5.01% (1 mo. USD Term SOFR + 0.694%)<sup>(2)</sup> | 12/25/45 | 4662531 | 4669012 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A1A<br>5.05% (1 mo. USD Term SOFR + 0.734%)<sup>(2)</sup> | 01/25/45 | 257798 | 256586 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(2)</sup> | 01/25/45 | 21924 | 21816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19% (1 mo. USD Term SOFR + 0.874%)<sup>(2)</sup> | 01/25/45 | 915440 | 911979 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR6, Class 2A1<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(2)</sup> | 04/25/45 | 42619 | 43363 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR8, Class 1A1<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 07/25/45 | 49602 | 48599 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR10, Class 1A4<br>4.82%<sup>(10)</sup> | 09/25/36 | 5427479 | 4749406 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR16, Class 3A1<br>4.14%<sup>(10)</sup> | 12/25/36 | 330426 | 293310 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR3, Class A1A<br>5.40% (1 yr. MTA + 1.000%)<sup>(2)</sup> | 02/25/46 | 6974207 | 6374697 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR4, Class 1A1<br>4.29% (1 yr. MTA + 0.940%)<sup>(2)</sup> | 05/25/46 | 2428898 | 2276581 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR7, Class 2A<br>5.38% (1 yr. MTA + 0.980%)<sup>(2)</sup> | 07/25/46 | 3958832 | 3721700 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2007-HY7, Class 4A2<br>4.97%<sup>(10)</sup> | 07/25/37 | 124044 | 112988 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2007-OA1, Class A1A<br>5.10% (1 yr. MTA + 0.700%)<sup>(2)</sup> | 02/25/47 | 6497348 | 5952405 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2005-3, Class 2A3<br>4.98% (1 mo. USD Term SOFR + 0.664%)<sup>(2)</sup> | 05/25/35 | 1044851 | 824402 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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)** |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2005-4, Class CB1<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/35 | $2084633 | $1818155 |
|  Washington Mutual MSC Mortgage Pass-Through Certificates Trust Series 2002-AR1, Class 1A1<br>6.77%<sup>(10)</sup> | 11/25/30 | 28252 | 28495 |
|  Wells Fargo Alternative Loan Trust Series 2007-PA5, Class 1A1<br>6.25% | 11/25/37 | 59587 | 53620 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006- AR1, Class 1A1<br>6.63%<sup>(10)</sup> | 03/25/36 | 973520 | 983960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $4,408,610,536) |  |  | 3772261324 |
|  **CORPORATE BONDS—17.1%** |  |  |  |
|  **Aerospace & Defense—0.1%** |  |  |  |
|  General Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (3 mo. USD Term SOFR + 0.642%)<sup>(2)</sup> | 05/05/26 | 1785000 | 1787303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(2)</sup> | 08/15/36 | 11550000 | 10838404 |
|  Lockheed Martin Corp.<br>4.50% | 05/15/36 | 8708000 | 8391290 |
|  |  |  | 21016997 |
|  **Agriculture—0.1%** |  |  |  |
|  Altria Group, Inc.<br>3.70% | 02/04/51 | 995000 | 689982 |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(1)</sup> | 07/26/26 | 20000000 | 19771600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 06/30/28 | 3310000 | 3309967 |
|  Philip Morris International, Inc.<br>2.75% | 06/06/29 | 13305000 | 15509053 |
|  |  |  | 39280602 |
|  **Airlines—0.4%** |  |  |  |
|  American Airlines Pass-Through Trust Series 2017-2, Class AA<br>3.35%<sup>(4)</sup> | 04/15/31 | 12388723 | 11738687 |
|  Delta Air Lines Pass-Through Trust Series 2020-1, Class AA<br>2.00% | 12/10/29 | 63195081 | 59864701 |
|  JetBlue Pass-Through Trust Series 2020-1, Class A<br>4.00% | 05/15/34 | 7513933 | 7014181 |
|  United Airlines Pass-Through Trust Series 2013-1, Class A<br>4.30% | 02/15/27 | 9014129 | 9010523 |
|  United Airlines Pass-Through Trust Series 2018-1, Class AA<br>3.50% | 09/01/31 | 23759112 | 22505819 |
|  United Airlines Pass-Through Trust Series 2023-1, Class A<br>5.80% | 07/15/37 | 21850897 | 22176913 |
|  |  |  | 132310824 |
|  **Auto Manufacturers—0.2%** |  |  |  |
|  Volkswagen Financial Services AG (Germany) 3.88% <sup>(6)</sup> | 11/19/31 | 40900000 | 48238972 |
|  Volkswagen Financial Services Australia Pty. Ltd. (Germany) 5.11%<sup>(6)</sup> | 06/13/29 | 6200000 | 4079220 |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 | 4800000 | 4883568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 | 6475000 | 6523368 |
|  Volkswagen International Finance NV (Germany) 7.88% (9 yr. EUR Swap + 4.783%)<sup>(2),(6),(12)</sup> | 09/06/32 | 12500000 | 16609090 |
|  |  |  | 80334218 |
|  **Auto Parts & Equipment—0.0%** |  |  |  |
|  Robert Bosch Finance LLC<br>3.25%<sup>(6)</sup> | 05/28/31 | 100000 | 117225 |
|  **Banks—4.0%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(2)</sup> | 03/11/27 | 77013000 | 75558995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (1 day USD SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 42299000 | 41124780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (1 day USD SOFR + 1.370%)<sup>(2)</sup> | 10/24/31 | 18688000 | 16306588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09% (1 day USD SOFR + 1.060%)<sup>(2)</sup> | 06/14/29 | 175118000 | 164174876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 07/21/32 | 2000 | 1744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% (3 mo. USD Term SOFR + 1.252%)<sup>(2)</sup> | 02/13/31 | 201000 | 183740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59% (1 day USD SOFR + 2.150%)<sup>(2)</sup> | 04/29/31 | 1736000 | 1588023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69% (1 day USD SOFR + 1.320%)<sup>(2)</sup> | 04/22/32 | 10874000 | 9769854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42% (3 mo. USD Term SOFR + 1.302%)<sup>(2)</sup> | 12/20/28 | 1587000 | 1551388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97% (3 mo. USD Term SOFR + 1.332%)<sup>(2)</sup> | 03/05/29 | 336000 | 332297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24% (3 mo. USD Term SOFR + 0.912%)<sup>(2)</sup> | 12/01/26 | 50000000 | 49948000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.47% (1 day USD SOFR + 1.650%)<sup>(2)</sup> | 01/23/35 | 5630000 | 5786683 |
|  Citibank NA<br>4.91% | 05/29/30 | 9015000 | 9190342 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 22971000 | 22323907 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (1 day USD SOFR + 1.177%)<sup>(2)</sup> | 11/03/32 | 13213000 | 11564942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (1 day USD SOFR + 2.107%)<sup>(2)</sup> | 06/03/31 | 868000 | 787476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.67% (1 day USD SOFR + 1.146%)<sup>(2)</sup> | 01/29/31 | 3838000 | 3519523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (1 day USD SOFR + 1.351%)<sup>(2)</sup> | 01/25/33 | 15189000 | 13586105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.33% (1 day USD SOFR + 1.465%)<sup>(2)</sup> | 03/27/36 | 40724000 | 41068525 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% (1 day USD SOFR + 0.798%)<sup>(2)</sup> | 03/09/27 | 97484000 | 95412465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 75070000 | 72499603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 1337000 | 1295139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% (1 day USD SOFR + 1.248%)<sup>(2)</sup> | 07/21/32 | 449000 | 392413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% (1 day USD SOFR + 1.420%)<sup>(2)</sup> | 10/23/35 | 37426000 | 37000092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(2)</sup> | 01/28/36 | 6955000 | 7136943 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.01% (1 day USD SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | $36235000 | $34345345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.21% (1 day USD SOFR + 1.285%)<sup>(2)</sup> | 08/17/29 | 2000 | 1863 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 15825000 | 15502961 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05% (1 day USD SOFR + 0.800%)<sup>(2)</sup> | 11/19/26 | 13390000 | 13209503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.47% (1 day USD SOFR + 0.765%)<sup>(2)</sup> | 09/22/27 | 10000000 | 9650800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(2)</sup> | 04/22/27 | 19179000 | 18738458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 47405000 | 41138533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(2)</sup> | 06/01/29 | 3013000 | 2828032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.18% (1 day USD SOFR + 1.890%)<sup>(2)</sup> | 06/01/28 | 2490000 | 2393288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.180%)<sup>(2)</sup> | 11/08/32 | 25641000 | 22590747 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.58% (3 mo. USD Term SOFR + 1.250%)<sup>(2)</sup> | 04/22/32 | 19039000 | 17021056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% (1 day USD SOFR + 1.170%)<sup>(2)</sup> | 02/24/28 | 23236000 | 22719928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.96% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 01/25/33 | 7747000 | 6964476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% (3 mo. USD Term SOFR + 1.422%)<sup>(2)</sup> | 05/06/30 | 2876000 | 2801023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01% (3 mo. USD Term SOFR + 1.382%)<sup>(2)</sup> | 04/23/29 | 2671000 | 2648270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45% (3 mo. USD Term SOFR + 1.592%)<sup>(2)</sup> | 12/05/29 | 8325000 | 8343898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% (1 day USD SOFR + 1.340%)<sup>(2)</sup> | 10/22/35 | 8105000 | 8027435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01% (1 day USD SOFR + 1.310%)<sup>(2)</sup> | 01/23/30 | 10505000 | 10705540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% (1 day USD SOFR + 1.315%)<sup>(2)</sup> | 01/24/36 | 6150000 | 6341388 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.99% (1 day USD SOFR + 0.720%)<sup>(2)</sup> | 12/10/26 | 15176000 | 14934853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (1 day USD SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 1000000 | 970300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (1 day USD SOFR + 1.034%)<sup>(2)</sup> | 02/13/32 | 6138000 | 5254005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (1 day USD SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 2890000 | 2472135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24% (1 day USD SOFR + 1.178%)<sup>(2)</sup> | 07/21/32 | 31942000 | 27676785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51% (1 day USD SOFR + 1.200%)<sup>(2)</sup> | 10/20/32 | 455000 | 398726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94% (1 day USD SOFR + 1.290%)<sup>(2)</sup> | 01/21/33 | 17235000 | 15392234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32% (1 day USD SOFR + 1.555%)<sup>(2)</sup> | 07/19/35 | 2325000 | 2355178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59% (1 day USD SOFR + 1.418%)<sup>(2)</sup> | 01/18/36 | 32630000 | 33579207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.83% (1 day USD SOFR + 1.580%)<sup>(2)</sup> | 04/19/35 | 11925000 | 12506701 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07% (1 day USD SOFR + 1.933%)<sup>(2)</sup> | 01/24/34 | 3000 | 3017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.902%)<sup>(2)</sup> | 01/22/35 | 14770000 | 15363015 |
|  Santander U.K. Group Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.53% (1 yr. CMT + 1.250%)<sup>(2)</sup> | 08/21/26 | 6354000 | 6324835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47% (1 day USD SOFR + 1.220%)<sup>(2)</sup> | 01/11/28 | 15466000 | 14995060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82% (3 mo. USD LIBOR + 1.400%)<sup>(2)</sup> | 11/03/28 | 2200000 | 2157584 |
|  U.S. Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% (1 day USD SOFR + 1.230%)<sup>(2)</sup> | 02/01/29 | 70000 | 70512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84% (1 day USD SOFR + 1.600%)<sup>(2)</sup> | 02/01/34 | 6218000 | 6147239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.860%)<sup>(2)</sup> | 01/23/35 | 8470000 | 8802786 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 66030000 | 63664145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% (3 mo. USD Term SOFR + 1.432%)<sup>(2)</sup> | 10/30/30 | 136247000 | 127350071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 03/02/33 | 2000 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 07/25/33 | 443000 | 443142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% (1 day USD SOFR + 1.500%)<sup>(2)</sup> | 04/23/31 | 14195000 | 14545333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 14844000 | 15330586 |
|  |  |  | 1318816264 |
|  **Beverages—0.1%** |  |  |  |
|  Anheuser-Busch InBev SA (Belgium)<br>3.95%<sup>(6)</sup> | 03/22/44 | 23775000 | 27339500 |
|  Bacardi Ltd.<br>5.15%<sup>(1)</sup> | 05/15/38 | 2881000 | 2651644 |
|  Diageo Finance PLC (United Kingdom)<br>3.75%<sup>(6)</sup> | 08/30/44 | 1475000 | 1652873 |
|  Diageo Investment Corp. (United Kingdom)<br>5.63% | 04/15/35 | 3595000 | 3762132 |
|  Pernod Ricard SA (France)<br>3.75%<sup>(6)</sup> | 09/15/33 | 1000000 | 1189790 |
|  |  |  | 36595939 |
|  **Biotechnology—0.0%** |  |  |  |
|  Illumina, Inc.<br>2.55% | 03/23/31 | 200000 | 176212 |
|  Royalty Pharma PLC<br>1.75% | 09/02/27 | 1295000 | 1226922 |
|  |  |  | 1403134 |
|  **Chemicals—0.2%** |  |  |  |
|  FIS Fabbrica Italiana Sintetici SpA (Italy)<br>5.63%<sup>(6)</sup> | 08/01/27 | 5100000 | 6038536 |
|  International Flavors & Fragrances, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.83%<sup>(1)</sup> | 10/15/27 | 1615000 | 1521750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%<sup>(1)</sup> | 11/01/30 | 48565000 | 42968370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%<sup>(1)</sup> | 11/15/40 | 10351000 | 7604569 |
|  |  |  | 58133225 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Commercial Services—0.1%** | **Commercial Services—0.1%** | **Commercial Services—0.1%** |  |
|  AA Bond Co. Ltd. (United Kingdom) 8.45%<sup>(6)</sup> | 07/31/50 | 12555000 | $18332333 |
|  Grand Canyon University 5.13% | 10/01/28 | $5308000 | 5150458 |
|  |  |  | 23482791 |
|  **Computers—0.1%** |  |  |  |
|  Dell International LLC/EMC Corp.<br>5.00% | 04/01/30 | 24890000 | 25303423 |
|  **Diversified Financial Services—0.9%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 10/29/26 | 11203000 | 10917436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/29/28 | 58242000 | 55512197 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20% | 01/15/27 | 18695000 | 18109660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 01/15/26 | 10055000 | 9956260 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 02/01/30 | 2000000 | 1872980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 10/01/29 | 5000000 | 4766050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 10/01/28 | 2000000 | 2013980 |
|  Avolon Holdings Funding Ltd. (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 | 122730000 | 116701502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(1)</sup> | 02/15/27 | 5900000 | 5755981 |
|  Blackrock, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 07/18/35 | 29895000 | 35780037 |
|  Visa, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13% | 05/15/33 | 18815000 | 22039155 |
|  |  |  | 283425238 |
|  **Electric—1.7%** |  |  |  |
|  Alabama Power Co.<br>5.10% | 04/02/35 | 27535000 | 27777583 |
|  Alliant Energy Finance LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%<sup>(1)</sup> | 03/01/32 | 4515000 | 4108515 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%<sup>(1)</sup> | 03/30/29 | 4120000 | 4328802 |
|  Amprion GmbH (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%<sup>(6)</sup> | 09/23/33 | 3400000 | 3173793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(6)</sup> | 05/21/44 | 3800000 | 4298395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(6)</sup> | 09/07/34 | 3000000 | 3646951 |
|  Appalachian Power Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70% | 05/01/50 | 9450000 | 6697404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45% | 06/01/45 | 100000 | 81424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 04/01/34 | 18900000 | 19478151 |
|  Arizona Public Service Co.<br>6.35% | 12/15/32 | 2444000 | 2642233 |
|  Black Hills Corp.<br>6.15% | 05/15/34 | 8020000 | 8440970 |
|  Comision Federal de Electricidad (Mexico)<br>3.35%<sup>(6)</sup> | 02/09/31 | 3368000 | 2972967 |
|  Duke Energy Carolinas LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 09/30/42 | 3090000 | 2555585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 12/15/41 | 14683000 | 12584212 |
|  Duke Energy Florida LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 11/15/33 | 2409000 | 2571921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20% | 11/15/53 | 35000000 | 37298800 |
|  Duke Energy Progress LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/35 | 22295000 | 22413163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55% | 03/15/55 | 31025000 | 30390228 |
|  E.ON SE (Germany)<br>3.50%<sup>(6)</sup> | 04/16/33 | 22035000 | 26106583 |
|  Elia Group SA (Belgium)<br>3.88%<sup>(6)</sup> | 06/11/31 | 10200000 | 12203989 |
|  Enel Finance International NV (Italy)<br>4.50%<sup>(6)</sup> | 02/20/43 | 9445000 | 11248546 |
|  Eurogrid GmbH (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.74%<sup>(6)</sup> | 04/21/33 | 7300000 | 6962823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.11%<sup>(6)</sup> | 05/15/32 | 1200000 | 1217878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%<sup>(6)</sup> | 09/05/31 | 7600000 | 8951053 |
|  FirstEnergy Pennsylvania Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(1)</sup> | 03/15/28 | 125000 | 121349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%<sup>(1)</sup> | 01/15/29 | 13381000 | 13269402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%<sup>(1)</sup> | 03/30/26 | 3000000 | 3008160 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(1)</sup> | 09/15/28 | 40514000 | 38616324 |
|  Florida Power & Light Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 03/15/55 | 34155000 | 34636585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80% | 03/15/65 | 15000000 | 15246000 |
|  Interstate Power & Light Co.<br>5.70% | 10/15/33 | 15980000 | 16598905 |
|  Jersey Central Power & Light Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 03/01/32 | 820000 | 719968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%<sup>(1)</sup> | 01/15/26 | 8645000 | 8629871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 05/15/36 | 1404000 | 1506646 |
|  London Power Networks PLC (United Kingdom)<br>3.84%<sup>(6)</sup> | 06/11/37 | 800000 | 939521 |
|  MVM Energetika Zrt (Hungary)<br>6.50% | 03/13/31 | 2988000 | 3096972 |
|  Niagara Mohawk Power Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.03%<sup>(1)</sup> | 06/27/50 | 3543000 | 2219335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(1)</sup> | 10/01/34 | 4375000 | 4078988 |
|  Northern States Power Co.<br>5.05% | 05/15/35 | 7445000 | 7527714 |
|  Oncor Electric Delivery Co. LLC<br>3.63%<sup>(1)</sup> | 06/15/34 | 7190000 | 8432719 |
|  Public Service Co. of New Mexico<br>3.85% | 08/01/25 | 14390000 | 14380071 |
|  Public Service Co. of Oklahoma<br>5.45% | 01/15/36 | 12140000 | 12230686 |
|  RTE Reseau de Transport d'Electricite SADIR (France)<br>3.75%<sup>(6)</sup> | 04/30/44 | 4800000 | 5377489 |
|  Scottish Hydro Electric Transmission PLC (United Kingdom)<br>3.38%<sup>(6)</sup> | 09/04/32 | 6010000 | 7025910 |
|  Southern Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% (5 yr. CMT + 2.915%)<sup>(2)</sup> | 09/15/51 | 2680000 | 2642802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38% (5 yr. CMT + 2.069%)<sup>(2)</sup> | 03/15/55 | 7737000 | 7974758 |
|  Southwestern Electric Power Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% | 10/01/26 | 26488000 | 25943407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85% | 02/01/48 | 17395000 | 12747926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 04/01/33 | 29341000 | 29604189 |
|  TenneT Holding BV (Netherlands) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(6)</sup> | 05/17/42 | 14220000 | 15096371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(6)</sup> | 10/28/42 | 3866000 | 4935231 |
|  |  |  | 558759268 |
|  **Energy-Alternate Sources—0.0%** |  |  |  |
|  Alta Wind Holdings LLC<br>7.00%<sup>(1),(7)</sup> | 06/30/35 | 2943052 | 2835542 |
|  **Engineering & Construction—0.1%** |  |  |  |
|  Heathrow Funding Ltd. (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%<sup>(6)</sup> | 10/08/32 | 18800000 | 19796431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(6)</sup> | 01/16/38 | 9465000 | 10963938 |
|  |  |  | 30760369 |
|  **Entertainment—0.2%** |  |  |  |
|  Caesars Entertainment, Inc.<br>8.13%<sup>(1)</sup> | 07/01/27 | 1934000 | 1936050 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** |
|  **Entertainment (Continued)** |  |  |  |  |
|  FDJ UNITED (France)<br>3.38%<sup>(6)</sup> | 11/21/33 | EUR | 14100000 | $16347035 |
|  Flutter Treasury DAC (Ireland)<br>5.00%<sup>(1)</sup> | 04/29/29 | EUR | 2320000 | 2826763 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 |  | 4430000 | 4348532 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 |  | 7438000 | 7759768 |
|  WarnerMedia Holdings, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(8)</sup> | 03/15/32 |  | 25078000 | 21182634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 |  | 8463000 | 5693653 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%<sup>(8)</sup> | 03/15/52 |  | 15440000 | 9535898 |
|  |  |  |  | 69630333 |
|  **Food—0.5%** |  |  |  |  |
|  ELO SACA (France) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(6)</sup> | 12/08/28 | EUR | 1000000 | 1065034 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(6)</sup> | 03/22/29 | EUR | 12800000 | 14010767 |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% | 02/02/52 |  | 33256000 | 25798009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 04/01/33 |  | 19111000 | 19673054 |
|  Pilgrim's Pride Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/32 |  | 56833000 | 51244043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 05/15/34 |  | 4500000 | 4947345 |
|  Smithfield Foods, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%<sup>(1)</sup> | 09/13/31 |  | 14435000 | 12455817 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 10/15/30 |  | 8890000 | 8097368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 02/01/27 |  | 24855000 | 24640501 |
|  |  |  |  | 161931938 |
|  **Gas—0.3%** |  |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 |  | 8275000 | 8539138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 |  | 11118000 | 11531034 |
|  Boston Gas Co.<br>6.12%<sup>(1)</sup> | 07/20/53 |  | 5050000 | 5073583 |
|  Brooklyn Union Gas Co. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87%<sup>(1)</sup> | 08/05/32 |  | 1700000 | 1651278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.39%<sup>(1)</sup> | 09/15/33 |  | 1120000 | 1191960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.42%<sup>(1)</sup> | 07/18/54 |  | 10000000 | 10376300 |
|  CenterPoint Energy Resources Corp.<br>5.40% | 07/01/34 |  | 2500000 | 2544900 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(6)</sup> | 04/05/30 | EUR | 29220000 | 35845777 |
|  Piedmont Natural Gas Co., Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/15/31 |  | 7272000 | 6480225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 06/15/33 |  | 3070000 | 3163604 |
|  Southern Co. Gas Capital Corp.<br>4.40% | 05/30/47 |  | 50000 | 40826 |
|  Venture Global Plaquemines LNG LLC<br>7.75%<sup>(1)</sup> | 05/01/35 |  | 2520000 | 2730899 |
|  |  |  |  | 89169524 |
|  **Health Care-Products—0.2%** |  |  |  |  |
|  American Medical Systems Europe BV<br>3.00% | 03/08/31 | EUR | 35940000 | 42132461 |
|  Medtronic Global Holdings SCA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00% | 07/02/31 | EUR | 5030000 | 5246056 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38% | 10/15/40 | EUR | 2930000 | 2429508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63% | 03/07/31 | EUR | 2560000 | 2788360 |
|  Medtronic, Inc.<br>4.15% | 10/15/43 | EUR | 2570000 | 3040475 |
|  Sartorius Finance BV (Germany) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 09/14/32 | EUR | 2000000 | 2461351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(6)</sup> | 09/14/35 | EUR | 1400000 | 1756767 |
|  Thermo Fisher Scientific Finance I BV<br>1.63% | 10/18/41 | EUR | 4090000 | 3452287 |
|  Thermo Fisher Scientific, Inc.<br>1.88% | 10/01/49 | EUR | 16145000 | 12244947 |
|  Werfen SA (Spain)<br>3.63%<sup>(6)</sup> | 02/12/32 | EUR | 2800000 | 3280468 |
|  |  |  |  | 78832680 |
|  **Health Care-Services—1.1%** |  |  |  |  |
|  Centene Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/01/31 |  | 3387000 | 2919899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 08/01/31 |  | 23000000 | 19738600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/15/30 |  | 48742000 | 43573398 |
|  Elevance Health, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% | 02/15/35 |  | 36644000 | 37045618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 06/15/34 |  | 9507000 | 9726517 |
|  Fortrea Holdings, Inc.<br>7.50%<sup>(1)</sup> | 07/01/30 |  | 4145000 | 3759515 |
|  Fresenius Medical Care U.S. Finance III, Inc. (Germany)<br>1.88%<sup>(1)</sup> | 12/01/26 |  | 67592000 | 65011337 |
|  HCA, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 07/15/31 |  | 563000 | 490677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 02/15/26 |  | 3915000 | 3919620 |
|  Humana, Inc.<br>5.55% | 05/01/35 |  | 49285000 | 49573810 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 |  | 11000000 | 10538990 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(13)</sup> | 10/01/29 |  | 44324700 | 12189293 |
|  Premier Health Partners<br>2.91% | 11/15/26 |  | 2229000 | 2173230 |
|  UnitedHealth Group, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 07/15/34 |  | 32068000 | 32403752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 06/15/35 |  | 7765000 | 7917660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 07/15/54 |  | 32570000 | 31606579 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 |  | 45000000 | 43477200 |
|  |  |  |  | 376065695 |
|  **Household Products/Wares—0.0%** |  |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 |  | 4976000 | 4026679 |
|  **Insurance—0.8%** |  |  |  |  |
|  Athene Global Funding<br>1.61%<sup>(1)</sup> | 06/29/26 |  | 58755000 | 57153926 |
|  Farmers Exchange Capital |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%<sup>(1)</sup> | 07/15/28 |  | 13283000 | 13961363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.20%<sup>(1)</sup> | 07/15/48 |  | 18415000 | 18511863 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(2)</sup> | 11/01/53 |  | 57061000 | 54536051 |
|  Farmers Exchange Capital III<br>5.45% (3 mo. USD Term SOFR + 3.454%)<sup>(1),(2)</sup> | 10/15/54 |  | 49425000 | 44982681 |
|  Farmers Insurance Exchange<br>4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(2)</sup> | 11/01/57 |  | 23060000 | 18822033 |
|  Protective Life Global Funding<br>1.90%<sup>(1)</sup> | 07/06/28 |  | 47980000 | 44877133 |
|  Teachers Insurance & Annuity Association of America |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%<sup>(1)</sup> | 05/15/50 |  | 8715000 | 5853343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%<sup>(1)</sup> | 05/15/47 |  | 3496000 | 2842982 |
|  |  |  |  | 261541375 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Internet—0.1%** |  |  |  |
|  Meta Platforms, Inc. 5.55% | 08/15/64 | $5000000 | $4893250 |
|  Snap, Inc. 6.88%<sup>(1)</sup> | 03/01/33 | 6159000 | 6323876 |
|  Uber Technologies, Inc. 4.30% | 01/15/30 | 26177000 | 26090616 |
|  |  |  | 37307742 |
|  **Investment Companies—0.1%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | 16883000 | 15782397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 11566000 | 11315018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%<sup>(1)</sup> | 11/15/29 | 437000 | 432953 |
|  |  |  | 27530368 |
|  **Lodging—0.1%** |  |  |  |
|  Las Vegas Sands Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 06/15/28 | 29515000 | 30118877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 06/14/30 | 1130000 | 1165832 |
|  |  |  | 31284709 |
|  **Machinery-Diversified—0.0%** |  |  |  |
|  Oregon Tool Lux LP 7.88%<sup>(1)</sup> | 10/15/29 | 12270895 | 7132335 |
|  **Media—0.5%** |  |  |  |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30% | 02/01/32 | 10000000 | 8440000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 06/01/52 | 18000 | 12358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 03/01/50 | 1673000 | 1341428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 07/01/49 | 14837000 | 12347500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 05/01/47 | 23497000 | 20412784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/01/38 | 505000 | 476528 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 11/15/31 | 775000 | 546530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 12/01/30 | 4879000 | 2274200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 11758000 | 5837494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 42826000 | 34850514 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 29167000 | 27679191 |
|  Discovery Communications LLC<br>4.13% | 05/15/29 | 2825000 | 2625696 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 3143000 | 3239459 |
|  Time Warner Cable LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 09/15/42 | 27580000 | 22003324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 6812000 | 6201168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 11/15/40 | 2016000 | 1936509 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 2040000 | 1814437 |
|  |  |  | 152039120 |
|  **Mining—0.0%** |  |  |  |
|  Corp. Nacional del Cobre de Chile<br>5.13%<sup>(6)</sup> | 02/02/33 | 8908000 | 8665613 |
|  **Office/Business Equipment—0.0%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | 5775000 | 6051045 |
|  **Oil & Gas—0.2%** |  |  |  |
|  Ecopetrol SA (Colombia)<br>8.88% | 01/13/33 | 5000000 | 5161350 |
|  KazMunayGas National Co. JSC (Kazakhstan) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(1)</sup> | 04/14/33 | 1443000 | 1249407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(6)</sup> | 04/14/33 | 12735000 | 11026472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(6)</sup> | 04/24/30 | 2290000 | 2305984 |
|  Pertamina Persero PT (Indonesia)<br>3.10%<sup>(1)</sup> | 08/27/30 | 11282000 | 10379779 |
|  Petroleos Mexicanos<br>6.35% | 02/12/48 | 9556000 | 6664450 |
|  Petroleos Mexicanos (Mexico)<br>6.75% | 09/21/47 | 11681000 | 8458446 |
|  Transocean Titan Financing Ltd.<br>8.38%<sup>(1)</sup> | 02/01/28 | 2612952 | 2676081 |
|  Transocean, Inc.<br>8.75%<sup>(1)</sup> | 02/15/30 | 2792000 | 2881484 |
|  |  |  | 50803453 |
|  **Packaging & Containers—0.5%** |  |  |  |
|  Amcor Flexibles North America, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%<sup>(1)</sup> | 03/17/30 | 23322000 | 23734799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 03/17/35 | 19285000 | 19596646 |
|  Amcor U.K. Finance PLC (Australia)<br>3.95% | 05/29/32 | 4570000 | 5449519 |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 08/15/27 | 25370000 | 11211003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 08/15/27 | 20340000 | 9096862 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.57% | 01/15/26 | 37992000 | 37322581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 16949000 | 16265277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 38211000 | 38211382 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 1570000 | 1624495 |
|  |  |  | 162512564 |
|  **Pharmaceuticals—1.2%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 10185000 | 10286341 |
|  Bayer U.S. Finance II LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%<sup>(1)</sup> | 04/15/45 | 17489000 | 12569869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 14212000 | 14080965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%<sup>(1)</sup> | 07/15/44 | 78703000 | 61289174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 06/25/38 | 46534000 | 41189105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 06/25/48 | 3370000 | 2764411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 08/15/25 | 13932000 | 13953873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 07/30/35 | 3820000 | 3818243 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 11472000 | 10532328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/25/48 | 25496000 | 22043587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 07/20/45 | 12700000 | 11256137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 06/01/34 | 17465000 | 17996809 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/01/53 | 15470000 | 14804171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(2)</sup> | 12/10/54 | 14063000 | 14140909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% (5 yr. CMT + 2.886%)<sup>(2)</sup> | 03/10/55 | 19060000 | 19712996 |
|  Galderma Finance Europe BV (Netherlands)<br>3.50%<sup>(6)</sup> | 03/20/30 | 6035000 | 7150843 |
|  Grifols SA (Spain) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(6)</sup> | 10/15/28 | 35995000 | 40426126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(6)</sup> | 05/01/30 | 5820000 | 7159594 |
|  Johnson & Johnson |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05% | 02/26/33 | 24030000 | 28316484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60% | 02/26/45 | 4255000 | 4830253 |
|  Pfizer Netherlands International Finance BV<br>3.25% | 05/19/32 | 10700000 | 12685163 |
|  Teva Pharmaceutical Finance Netherlands II BV (Israel)<br>4.13% | 06/01/31 | 7761000 | 9144682 |
|  Teva Pharmaceutical Finance Netherlands III BV (Israel)<br>6.00% | 12/01/32 | 2716000 | 2775725 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Pharmaceuticals (Continued)** |  |  |  |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | $2808000 | $2852142 |
|  |  |  | 385779930 |
|  **Pipelines—0.1%** |  |  |  |
|  Galaxy Pipeline Assets Bidco Ltd. (United Arab Emirates)<br>2.16%<sup>(1)</sup> | 03/31/34 | 5788160 | 5137455 |
|  Global Partners LP/GLP Finance Corp.<br>8.25%<sup>(1)</sup> | 01/15/32 | 1150000 | 1211031 |
|  QazaqGaz NC JSC (Kazakhstan)<br>4.38%<sup>(6)</sup> | 09/26/27 | 5091000 | 4994424 |
|  TransCanada PipeLines Ltd. (Canada)<br>5.85% | 03/15/36 | 2878000 | 2972168 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(2),(12)</sup> | 09/30/29 | 3311000 | 3229351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 15030000 | 16240666 |
|  Venture Global Plaquemines LNG LLC<br>6.75% | 01/15/36 | 4658000 | 4658000 |
|  |  |  | 38443095 |
|  **Real Estate—0.1%** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(6)</sup> | 05/04/28 | 13936000 | 15430897 |
|  CBRE Global Investors Open-Ended Funds SCA SICAV-SIF-Pan European Core Fund (Luxemburg)<br>4.75%<sup>(6)</sup> | 03/27/34 | 2765000 | 3385681 |
|  LEG Immobilien SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%<sup>(6)</sup> | 03/30/33 | 8100000 | 7627177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(6)</sup> | 01/17/34 | 2800000 | 2712151 |
|  Vonovia SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%<sup>(6)</sup> | 09/01/32 | 9600000 | 9264771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(6)</sup> | 06/14/41 | 1900000 | 1498749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%<sup>(6)</sup> | 04/07/30 | 4500000 | 5097124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(6)</sup> | 11/23/30 | 700000 | 890265 |
|  |  |  | 45906815 |
|  **REIT—1.0%** |  |  |  |
|  American Assets Trust LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 02/01/31 | 6447000 | 5781734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15% | 10/01/34 | 16835000 | 16854192 |
|  American Homes 4 Rent LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 07/15/31 | 2845000 | 2477369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 07/15/51 | 17118000 | 11346324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 02/01/34 | 5276000 | 5368910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 07/15/34 | 5000000 | 5070850 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88% | 10/15/30 | 3336000 | 2903721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 2025000 | 1887381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% | 03/15/30 | 26040000 | 26425913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55% | 07/15/33 | 975000 | 1006639 |
|  Crown Castle, Inc. (REIT)<br>2.10% | 04/01/31 | 23220000 | 19940407 |
|  Equinix Europe 2 Financing Corp. LLC (REIT)<br>3.63% | 11/22/34 | 20680000 | 23617106 |
|  Extra Space Storage LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20% | 10/15/30 | 1090000 | 963484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40% | 10/15/31 | 14348000 | 12475443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 06/01/31 | 1500000 | 1326780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/15/27 | 928000 | 917996 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 04/01/29 | 1430000 | 1401228 |
|  Federal Realty OP LP (REIT)<br>7.48% | 08/15/26 | 18825000 | 19269646 |
|  GLP Capital LP/GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/31 | 7310000 | 6903783 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 01/15/29 | 13180000 | 13332756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/26 | 3126000 | 3133596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 24498000 | 25128579 |
|  Healthcare Realty Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40% | 03/15/30 | 2000 | 1787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 01/15/28 | 25359000 | 24758499 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 24871000 | 20393474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 16397000 | 15731938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 14000 | 13669 |
|  LXP Industrial Trust<br>6.75% | 11/15/28 | 4015000 | 4251845 |
|  Realty Income Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 06/20/31 | 9330000 | 10919707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 07/06/30 | 23965000 | 30173353 |
|  VICI Properties LP/VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 02/15/29 | 6903000 | 6690802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/30 | 3627000 | 3480070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 01/15/28 | 2727000 | 2716692 |
|  WP Carey, Inc. (REIT)<br>4.25% | 07/23/32 | 3655000 | 4425010 |
|  |  |  | 331090683 |
|  **Retail—0.4%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 5120000 | 5243238 |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 04/01/26 | 25139000 | 24956491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 28718000 | 26615268 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 25524000 | 20578725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 8511000 | 5624750 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 9150000 | 8895264 |
|  Starbucks Corp.<br>4.80% | 05/15/30 | 27035000 | 27379426 |
|  |  |  | 119293162 |
|  **Savings & Loans—0.0%** |  |  |  |
|  EverBank Financial Corp.<br>5.75% | 07/02/25 | 2765000 | 2765000 |
|  Nationwide Building Society (United Kingdom)<br>4.30% (3 mo. USD LIBOR + 1.452%)<sup>(1),(2)</sup> | 03/08/29 | 4140000 | 4116071 |
|  |  |  | 6881071 |
|  **Semiconductors—0.2%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 2710000 | 2779837 |
|  Intel Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/12/31 | 10522000 | 9043343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05% | 08/12/51 | 22992000 | 13705991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 11/15/49 | 25147000 | 15956275 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% | 12/08/47 | 2420000 | 1708786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% | 08/05/52 | 6685000 | 5534578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.60% | 02/21/54 | 8582000 | 7882052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 02/10/53 | 850000 | 791053 |
|  |  |  | 57401915 |
|  **Software—0.2%** |  |  |  |
|  Fiserv Funding ULC<br>4.00% | 06/15/36 | 9745000 | 11414340 |
|  Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<br>8.75%<sup>(1)</sup> | 05/01/29 | 5724000 | 5890912 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Software (Continued)** |  |  |  |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | $3061000 | $3174012 |
|  Oracle Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 03/25/51 | 11616000 | 8583527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 08/03/28 | 27750000 | 28211205 |
|  |  |  | 57273996 |
|  **Telecommunications—1.0%** |  |  |  |
|  Altice Financing SA (Luxembourg) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 08/15/29 | 2451000 | 1797735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%<sup>(1)</sup> | 07/15/27 | 4835000 | 4167383 |
|  Altice Financing SA (Luxemburg)<br>5.00%<sup>(1)</sup> | 01/15/28 | 1449000 | 1092285 |
|  Consolidated Communications, Inc.<br>5.00%<sup>(1)</sup> | 10/01/28 | 1765000 | 1786392 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 1747000 | 1797646 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(6)</sup> | 10/07/30 | 63777000 | 70190800 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 165602251 | 166753186 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | 01/15/35 | 58630000 | 56854097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 05/15/32 | 25430000 | 25925122 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 07/15/31 | 1511000 | 1398718 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 04/15/32 | 3140000 | 3267829 |
|  |  |  | 335031193 |
|  **Transportation—0.0%** |  |  |  |
|  Union Pacific Corp.<br>5.60% | 12/01/54 | 1740000 | 1733858 |
|  **Water—0.3%** |  |  |  |
|  Holding d'Infrastructures des Metiers de l'Environnement (France)<br>4.88%<sup>(6)</sup> | 10/24/29 | 9850000 | 12005836 |
|  Severn Trent Utilities Finance PLC (United Kingdom)<br>3.88%<sup>(6)</sup> | 08/04/35 | 18295000 | 21624187 |
|  United Utilities Water Finance PLC (United Kingdom)<br>3.75%<sup>(6)</sup> | 05/23/34 | 16681000 | 19588423 |
|  Veolia Environnement SA (France)<br>3.32%<sup>(6)</sup> | 06/17/32 | 33400000 | 39079150 |
|  |  |  | 92297596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $5,682,378,563) |  |  | 5608233546 |
|  **MUNICIPAL BONDS—0.4%** |  |  |  |
|  City & County of Denver Airport System Revenue, Series C<br>2.39% | 11/15/31 | 6010000 | 5319475 |
|  City of Los Angeles Department of Airports, Series F<br>5.00% | 05/15/44 | 185000 | 182435 |
|  City of New York, Series D1<br>5.99% | 12/01/36 | 2000000 | 2074378 |
|  City of New York, Series F<br>3.62% | 04/01/31 | 3145000 | 3026390 |
|  Empire State Development Corp.,<br>5.77% | 03/15/39 | 120000 | 124002 |
|  Jersey City Municipal Utilities Authority, Series B<br>5.47% | 05/15/27 | 125000 | 127518 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue,<br>5.27% | 05/01/27 | 13135000 | 13401522 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series A-2<br>4.60% | 05/01/31 | 820000 | 826904 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series A3<br>3.88% | 08/01/31 | 3135000 | 3044380 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B-3<br>4.00% | 08/01/33 | 6450000 | 6149520 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series B3<br>2.00% | 08/01/35 | 4055000 | 3113291 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series D-3<br>2.40% | 11/01/32 | 3175000 | 2740695 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series E-3<br>1.97% | 02/01/33 | 3090000 | 2564481 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series F-3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 02/01/35 | 1250000 | 1268616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 02/01/36 | 1250000 | 1263489 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Series G3<br>2.45% | 11/01/34 | 3000000 | 2461644 |
|  New York State Dormitory Authority,<br>5.43% | 03/15/39 | 20195000 | 20435179 |
|  New York State Dormitory Authority, Revenue bonds<br>5.29% | 03/15/33 | 39746921 | 40255881 |
|  New York State Dormitory Authority, Series A<br>4.00% | 03/15/47 | 155000 | 138664 |
|  Regents of the University of California Medical Center Pooled Revenue, Series N |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.01% | 05/15/50 | 17955000 | 11573793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.26% | 05/15/60 | 8325000 | 5257029 |
|  University of California, Series AP<br>3.93% | 05/15/45 | 6615000 | 5995949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $151,553,608) |  |  | 131345235 |
|  **FOREIGN GOVERNMENT BONDS—0.6%** |  |  |  |
|  Brazil Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 10/20/33 | 10519000 | 10449469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 03/15/34 | 7531000 | 7493571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 03/15/35 | 6094000 | 6166945 |
|  Costa Rica Government International Bonds<br>6.55%<sup>(6)</sup> | 04/03/34 | 4009000 | 4188242 |
|  Guatemala Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(6)</sup> | 08/10/29 | 15314000 | 15211703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%<sup>(6)</sup> | 06/13/36 | 5853000 | 5963973 |
|  Hungary Government International Bonds<br>2.13%<sup>(1)</sup> | 09/22/31 | 11043000 | 9187776 |
|  Israel Government International Bonds<br>5.38% | 02/19/30 | 22400000 | 22901984 |
|  Mexico Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.66% | 05/24/31 | 1756000 | 1522926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 02/12/34 | 11840000 | 10005155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 04/27/32 | 1884000 | 1797185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 05/19/33 | 6734000 | 6371845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | 02/09/35 | 7168000 | 7339602 |
|  Oman Government International Bonds<br>5.63%<sup>(6)</sup> | 01/17/28 | 7500000 | 7674525 |
|  Panama Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 09/29/32 | 13412000 | 10256559 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 02/14/35 | 3388000 | 3303063 |
|  Paraguay Government International Bonds<br>4.95%<sup>(6)</sup> | 04/28/31 | 9742000 | 9703422 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **FOREIGN GOVERNMENT BONDS (Continued)** |  |  |  |
|  Republic of South Africa Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30% | 10/12/28 | $1248000 | $1206816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85% | 09/30/29 | 7869000 | 7592483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/22/30 | 4438000 | 4427438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 04/20/32 | 8499000 | 8320861 |
|  Romania Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(6)</sup> | 02/14/31 | 16616000 | 14215985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%<sup>(6)</sup> | 03/27/32 | 9384000 | 8055601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $186,746,092) |  |  | 183357129 |
|  **U.S. TREASURY SECURITIES—21.2%** |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 02/15/45 | 89654000 | 89205730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 05/15/55 | 1205742000 | 1199242303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 05/15/45 | 1305420000 | 1341319050 |
|  U.S. Treasury Inflation-Indexed Notes<br>2.13% | 01/15/35 | 417601153 | 424558455 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 06/30/27 | 90150000 | 90209860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/15/28 | 439070000 | 441454014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 | 1819752000 | 1826931486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 06/30/32 | 1107775000 | 1108727000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 | 406171000 | 406900840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $6,859,277,935) |  |  | 6928548738 |
|  **BANK LOANS—1.9%** |  |  |  |
|  **Advertising—0.0%** |  |  |  |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.79% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/28/27 | 4094012 | 3438274 |
|  Planet U.S. Buyer LLC 2024 Term Loan B<br>7.33% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/07/31 | 2019012 | 2029864 |
|  |  |  | 5468138 |
|  **Aerospace & Defense—0.0%** |  |  |  |
|  TransDigm, Inc. 2023 Term Loan J<br>6.80% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 02/28/31 | 2336576 | 2343364 |
|  TransDigm, Inc. 2024 Term Loan I<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 08/24/28 | 2286451 | 2297105 |
|  |  |  | 4640469 |
|  **Apparel—0.0%** |  |  |  |
|  ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/21/28 | 3312914 | 3315233 |
|  **Beverages—0.2%** |  |  |  |
|  Celsius Holdings, Inc. Term Loan<br>7.49% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 04/01/32 | 3569736 | 3595171 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.80% (3 mo. USD Term SOFR + 5.500%)<sup>(2)</sup> | 01/24/29 | 25110127 | 24953189 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.65% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 01/24/29 | 32549331 | 26039464 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>10.40% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 01/24/30 | 2724343 | 1314496 |
|  Primo Brands Corp. 2025 Term Loan B<br>6.55% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 03/31/28 | 924743 | 929107 |
|  |  |  | 56831427 |
|  **Chemicals—0.0%** |  |  |  |
|  Chemours Co. 2023 USD Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/18/28 | 4310246 | 4303522 |
|  Mativ Holdings, Inc. Delayed Draw Term Loan A<br>6.93% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 05/06/27 | 3121848 | 3106239 |
|  |  |  | 7409761 |
|  **Commercial Services—0.1%** |  |  |  |
|  Albion Financing 3 SARL 2025 USD Term Loan B<br>7.32% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/16/29 | 863722 | 866153 |
|  Belron Finance 2019 LLC 2024 USD Term Loan B<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/16/31 | 2883249 | 2899900 |
|  Boost Newco Borrower LLC 2025 USD Term Loan B<br>6.30% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 01/31/31 | 4216342 | 4232154 |
|  CCRR Parent, Inc. Term Loan B<br>8.70% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 | 4631868 | 2032232 |
|  CCRR Parent, Inc. US Acquisition Facility<br>8.68% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 03/06/28 | 3712667 | 1659562 |
|  Element Materials Technology Group U.S. Holdings, Inc. 2022 USD Term Loan<br>8.05% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 07/06/29 | 2236037 | 2245820 |
|  Kelso Industries LLC Term Loan<br>10.08% (1 mo. USD Term SOFR + 5.750%)<sup>(2),(14)</sup> | 12/30/29 | 5515371 | 5556737 |
|  KUEHG Corp. 2024 Term Loan<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 06/12/30 | 1339172 | 1341368 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Commercial Services (Continued)** |  |  |  |
|  Ryan LLC Term Loan<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 11/14/30 | $2773081 | $2780236 |
|  TruGreen LP 2020 Term Loan<br>8.43% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/02/27 | 5435618 | 5170659 |
|  |  |  | 28784821 |
|  **Computers—0.1%** |  |  |  |
|  McAfee LLC 2024 USD 1st Lien Term Loan B<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/01/29 | 889876 | 866054 |
|  Peraton Corp. Term Loan B<br>8.18% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 02/01/28 | 6053587 | 5361208 |
|  Twitter, Inc. 2025 Fixed Term Loan<br>9.50% | 10/26/29 | 3208792 | 3124561 |
|  Twitter, Inc. Term Loan<br>10.93% (1 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 10/26/29 | 3881423 | 3796827 |
|  |  |  | 13148650 |
|  **Cosmetics/Personal Care—0.0%** |  |  |  |
|  Opal Bidco SAS USD Term Loan B<br>7.58% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 04/28/32 | 3280089 | 3297523 |
|  **Distribution & Wholesale—0.0%** |  |  |  |
|  BCPE Empire Holdings, Inc. 2025 Term Loan B<br>7.58% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/11/30 | 5369609 | 5345446 |
|  **Diversified Financial Services—0.1%** |  |  |  |
|  Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 06/24/30 | 21700040 | 21740185 |
|  Blackhawk Network Holdings, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 03/12/29 | 3886104 | 3911908 |
|  Deerfield Dakota Holding LLC 2020 USD Term Loan B<br>8.05% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 04/09/27 | 8218949 | 8005503 |
|  Guggenheim Partners LLC 2024 Term Loan B<br>6.80% (3 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 11/26/31 | 2264468 | 2276492 |
|  Jane Street Group LLC 2024 Term Loan B1<br>6.33% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 12/15/31 | 5205170 | 5204623 |
|  |  |  | 41138711 |
|  **Electric—0.1%** |  |  |  |
|  Calpine Corp. 2024 Term Loan B10<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/31/31 | 8934879 | 8943993 |
|  Calpine Corp. 2024 Term Loan B5<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 02/15/32 | 6531351 | 6537523 |
|  Cornerstone Generation LLC Term Loan B<br>0.00%<sup>(15)</sup> | 10/28/31 | 2106833 | 2120000 |
|  Edgewater Generation LLC 2025 Repriced Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 08/01/30 | 2276445 | 2288032 |
|  EFS Cogen Holdings I LLC 2020 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 10/03/31 | 4059831 | 4083094 |
|  Kestrel Acquisition LLC 2024 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 11/06/31 | 2441969 | 2445681 |
|  Potomac Energy Center LLC 2025 Term Loan<br>0.00%<sup>(15)</sup> | 03/14/32 | 2222283 | 2222283 |
|  Potomac Energy Center LLC Term Loan<br>10.56% (3 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/12/26 | 2552013 | 2561584 |
|  South Field LLC 2025 Term Loan B<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/29/31 | 2304627 | 2317107 |
|  South Field LLC 2025 Term Loan C<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/29/31 | 147323 | 148120 |
|  Vistra Operations Co. LLC 1st Lien Term Loan B3<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 12/20/30 | 7804966 | 7833962 |
|  |  |  | 41501379 |
|  **Electrical Components & Equipment—0.0%** |  |  |  |
|  Pelican Products, Inc. 2021 Term Loan<br>8.81% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/29/28 | 4696604 | 4130076 |
|  **Electronics—0.0%** |  |  |  |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.58% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 10/24/31 | 4977525 | 4996191 |
|  **Engineering & Construction—0.0%** |  |  |  |
|  Artera Services LLC 2024 Term Loan<br>8.80% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 02/15/31 | 4059423 | 3417750 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Entertainment—0.1%** |  |  |  |
|  DK Crown Holdings, Inc. 2025 Term Loan B<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/04/32 | $3268401 | $3261587 |
|  Flutter Financing BV 2025 Term Loan B<br>6.30% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 06/04/32 | 4652891 | 4658707 |
|  GVC Holdings Gibraltar Ltd. 2024 USD Term Loan B3<br>7.02% (6 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/31/29 | 2402401 | 2414630 |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>9.07% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 08/13/31 | 7372468 | 7455408 |
|  UFC Holdings LLC 2024 Term Loan B<br>6.57% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 11/21/31 | 2131096 | 2141475 |
|  Voyager Parent LLC Term Loan B 0.00%<sup>(15)</sup> | 05/09/32 | 6373533 | 6316872 |
|  |  |  | 26248679 |
|  **Food—0.1%** |  |  |  |
|  8th Avenue Food & Provisions, Inc. 2018 1st Lien Term Loan<br>10.25% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 10/01/25 | 1087014 | 1087623 |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>8.44% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 06/09/28 | 4831322 | 4778178 |
|  United Natural Foods, Inc. 2024 Term Loan<br>9.08% (1 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 05/01/31 | 6463408 | 6528042 |
|  |  |  | 12393843 |
|  **Health Care-Products—0.0%** |  |  |  |
|  Antylia Scientific Term Loan<br>8.32% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 05/27/32 | 3148291 | 3072197 |
|  Bausch & Lomb Corp. 2023 Incremental Term Loan<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/29/28 | 1818116 | 1821906 |
|  Bausch & Lomb Corp. Term Loan<br>8.67% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/10/27 | 3848099 | 3846137 |
|  |  |  | 8740240 |
|  **Health Care-Services—0.1%** |  |  |  |
|  Heartland Dental LLC 2024 Term Loan<br>8.83% (1 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 04/28/28 | 2151145 | 2156534 |
|  IQVIA, Inc. 2025 Repriced Term Loan B<br>6.05% (3 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 01/02/31 | 6235256 | 6269363 |
|  ModivCare, Inc. 2024 Term Loan B<br>9.05% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 07/01/31 | 20115670 | 14835306 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>11.71% (3 mo. USD Term SOFR + 7.500%)<sup>(2)</sup> | 01/09/26 | 3166082 | 2463212 |
|  Star Parent, Inc. Term Loan B<br>8.30% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 09/27/30 | 1405249 | 1393319 |
|  |  |  | 27117734 |
|  **Home Furnishings—0.0%** |  |  |  |
|  AI Aqua Merger Sub, Inc. 2024 1st Lien Term Loan B<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 07/31/28 | 3802792 | 3801690 |
|  **Insurance—0.0%** |  |  |  |
|  AmWINS Group, Inc. 2025 Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 01/30/32 | 4106707 | 4112743 |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.69% (1 mo. USD Term SOFR + 5.250%)<sup>(2)</sup> | 01/20/29 | 2763706 | 2571325 |
|  |  |  | 6684068 |
|  **Internet—0.1%** |  |  |  |
|  Arches Buyer, Inc. 2021 Term Loan B<br>7.68% (1 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/06/27 | 5411762 | 5351881 |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 08/15/29 | 4824351 | 4020493 |
|  Delivery Hero SE 2024 USD Term Loan B<br>9.30% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 12/12/29 | 5814578 | 5878190 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 02/06/31 | 5038778 | 5060822 |
|  MH Sub I LLC 2023 Term Loan<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 05/03/28 | 2934850 | 2758759 |
|  MH Sub I LLC 2024 Term Loan B4<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 12/31/31 | 6649796 | 5795729 |
|  Red Ventures LLC 2024 Term Loan B<br>7.08% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 03/04/30 | 3753017 | 3197101 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.59% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 07/15/28 | 1608619 | 1607871 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Internet (Continued)** |  |  |  |
|  TripAdvisor, Inc. Term Loan<br>7.08% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 07/08/31 | $3390775 | $3386537 |
|  |  |  | 37057383 |
|  **Leisure Time—0.0%** |  |  |  |
|  Sabre GLBL, Inc. 2022 1st Lien Term Loan B<br>9.43% (1 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 06/30/28 | 1695612 | 1687558 |
|  Sabre GLBL, Inc. 2022 Term Loan B<br>8.68% (1 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 06/30/28 | 70715 | 69955 |
|  Sabre GLBL, Inc. 2024 Term Loan B1<br>10.43% (1 mo. USD Term SOFR + 6.000%)<sup>(2)</sup> | 11/15/29 | 1833396 | 1833396 |
|  |  |  | 3590909 |
|  **Lodging—0.1%** |  |  |  |
|  Hilton Domestic Operating Co., Inc. 2023 Term Loan B4<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 11/08/30 | 16429504 | 16503929 |
|  Station Casinos LLC 2024 Term Loan B<br>0.00%<sup>(15)</sup> | 03/14/31 | 1849485 | 1854858 |
|  |  |  | 18358787 |
|  **Machinery-Construction & Mining—0.0%** |  |  |  |
|  WEC U.S. Holdings Ltd. 2024 Term Loan<br>6.57% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 01/27/31 | 3221626 | 3226055 |
|  **Machinery-diversified—0.0%** |  |  |  |
|  Oregon Tool, Inc. 2025 1st Lien Term Loan<br>9.67% (3 mo. USD Term SOFR + 5.350%)<sup>(2)</sup> | 10/15/29 | 369195 | 374040 |
|  Oregon Tool, Inc. 2025 2nd Lien Term Loan<br>8.59% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/15/29 | 14018193 | 11436462 |
|  |  |  | 11810502 |
|  **Media—0.1%** |  |  |  |
|  Charter Communications Operating LLC 2024 Term Loan B5<br>6.55% (3 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 12/15/31 | 7266308 | 7285854 |
|  NEP Group, Inc. 2023 Term Loan B<br>1.50% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 08/19/26 | 3063373 | 2830756 |
|  Telenet Financing USD LLC 2020 USD Term Loan AR<br>6.43% (1 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 04/30/28 | 2630109 | 2575323 |
|  Virgin Media Bristol LLC 2023 USD Term Loan Y<br>7.37% (6 mo. USD Term SOFR + 3.175%)<sup>(2)</sup> | 03/31/31 | 802250 | 793088 |
|  Virgin Media Bristol LLC 2024 Fungible Term Loan Y3<br>0.00%<sup>(15)</sup> | 03/31/31 | 1735643 | 1715822 |
|  Virgin Media Bristol LLC USD Term Loan N<br>6.93% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 01/31/28 | 1735643 | 1715761 |
|  |  |  | 16916604 |
|  **Miscellaneous Manufacturers—0.0%** |  |  |  |
|  Cleanova Holdco 3 Ltd. 2025 Term Loan B<br>9.07% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 06/14/32 | 2121094 | 2083975 |
|  **Office/Business Equipment—0.0%** |  |  |  |
|  Xerox Holdings Corp. 2023 Term Loan B<br>8.22% (6 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 11/17/29 | 4658588 | 4516641 |
|  **Packaging & Containers—0.0%** |  |  |  |
|  Balcan Innovations, Inc. Term Loan B<br>9.03% (3 mo. USD Term SOFR + 4.750%)<sup>(2)</sup> | 10/18/31 | 3569170 | 3283636 |
|  **Pharmaceuticals—0.1%** |  |  |  |
|  Elanco Animal Health, Inc. Term Loan B<br>6.17% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 08/01/27 | 1327125 | 1327463 |
|  Gainwell Acquisition Corp. Term Loan B<br>8.40% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 10/01/27 | 8660875 | 8364240 |
|  Grifols Worldwide Operations USA, Inc. 2019 USD Term Loan B<br>6.48% (3 mo. USD Term SOFR + 2.000%)<sup>(2)</sup> | 11/15/27 | 3113883 | 3108262 |
|  Jazz Financing Lux SARL 2024 1st Lien Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(2)</sup> | 05/05/28 | 3875306 | 3896581 |
|  Southern Veterinary Partners LLC 2024 1st Lien Term Loan<br>7.53% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 12/04/31 | 2964993 | 2971813 |
|  |  |  | 19668359 |
|  **REIT—0.3%** |  |  |  |
|  Healthpeak Properties, Inc. 2024 Term Loan A3<br>5.15% (3 mo. USD Term SOFR + 0.850%) | 03/01/29 | 27796272 | 27101365 |
|  Healthpeak Properties, Inc. Term Loan A1<br>5.27% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 08/20/27 | 13772696 | 13600538 |
|  Healthpeak Properties, Inc. Term Loan A2<br>5.27% (1 mo. USD Term SOFR + 0.840%)<sup>(2)</sup> | 02/22/27 | 13772696 | 13600538 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **REIT (Continued)** |  |  |  |
|  Invitation Homes Operating Partnership LP 2024 Term Loan<br>5.26% (1 mo. USD Term SOFR + 0.850%)<sup>(2)</sup> | 09/09/28 | $36581794 | $36033067 |
|  |  |  | 90335508 |
|  **Retail—0.1%** |  |  |  |
|  1011778 B.C. Unlimited Liability Co. 2024 Term Loan B6<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 09/20/30 | 3077840 | 3068545 |
|  Dave & Buster's, Inc. 2024 1st Lien Term Loan B<br>7.56% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 11/01/31 | 4767659 | 4559384 |
|  KFC Holding Co. 2021 Term Loan B<br>6.18% (1 mo. USD Term SOFR + 1.750%)<sup>(2)</sup> | 03/15/28 | 8474177 | 8525827 |
|  Michaels Cos., Inc. 2021 Term Loan B<br>8.81% (3 mo. USD Term SOFR + 4.250%)<sup>(2)</sup> | 04/17/28 | 27110400 | 22789680 |
|  Peer Holding III BV 2025 Term Loan B5B<br>0.00%<sup>(15)</sup> | 07/01/31 | 3903406 | 3929266 |
|  |  |  | 42872702 |
|  **Software —0.1%** |  |  |  |
|  Boxer Parent Co., Inc. 2025 USD Term Loan B<br>7.33% (3 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 07/30/31 | 1136179 | 1130424 |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>8.08% (1 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 12/29/28 | 1899500 | 1800289 |
|  Castle U.S. Holding Corp. USD Term Loan B<br>8.34% (3 mo. USD Term SOFR + 3.750%)<sup>(2)</sup> | 01/29/27 | 2684562 | 1478187 |
|  Cloud Software Group, Inc. 2024 1st Lien Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(2)</sup> | 03/29/29 | 3188068 | 3195129 |
|  Cotiviti Corp. 2025 2nd Amendment Term Loan<br>7.07% (1 mo. USD Term SOFR + 2.750%)<sup>(2)</sup> | 03/26/32 | 2452944 | 2444260 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/26/29 | 2244480 | 2221833 |
|  EagleView Technology Corp. 2025 Term Loan<br>10.80% (3 mo. USD Term SOFR + 6.500%)<sup>(2)</sup> | 08/14/28 | 17418848 | 17001493 |
|  ECI Macola Max Holding LLC 2024 Term Loan<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(2)</sup> | 05/09/30 | 1677089 | 1687403 |
|  Genesys Cloud Services Holdings II LLC 2025 USD Term Loan B<br>6.83% (1 mo. USD Term SOFR + 2.500%)<sup>(2)</sup> | 01/30/32 | 2421261 | 2423609 |
|  Modena Buyer LLC Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(2)</sup> | 07/01/31 | 1289530 | 1245203 |
|  Renaissance Holdings Corp. 2024 1st Lien Term Loan<br>8.28% (3 mo. USD Term SOFR + 4.000%)<sup>(2)</sup> | 04/05/30 | 4761619 | 4337525 |
|  |  |  | 38965355 |
|  **Telecommunications —0.1%** |  |  |  |
|  Altice Financing SA 2022 USD Term Loan<br>9.26% (3 mo. USD Term SOFR + 5.000%)<sup>(2)</sup> | 10/31/27 | 3106429 | 2514903 |
|  Frontier Communications Corp. 2025 Term Loan B<br>0.00%<sup>(2),(15)</sup> | 07/01/31 | 1990190 | 1993504 |
|  Zayo Group Holdings, Inc. USD Term Loan<br>7.44% (1 mo. USD Term SOFR + 3.000%)<sup>(2)</sup> | 03/09/27 | 8847529 | 8438729 |
|  |  |  | 12947136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $635,972,115) |  |  | 614045381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $33,751,134,318) |  |  | 32432139119 |
|  **CONVERTIBLE SECURITIES—0.2%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS**—**0.2%** |  |  |  |
|  **Beverages—0.1%** |  |  |  |
|  Davide Campari-Milano NV (Italy)<br>2.38%<sup>(6)</sup> | 01/17/29 | 14300000 | 16129880 |
|  **Commercial Services—0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(3),(6)</sup> | 07/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;10701000 | 14739629 |
|  Worldline SA (France)<br>0.00%<sup>(3),(6)</sup> | 07/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;27407200 | 29872921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $40,296,968) |  |  | 44612550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $54,358,622) |  |  | 60742430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $54,358,622) |  |  | 60742430 |
|  **COMMON STOCK—0.1%** |  |  |  |
| **Issues** |  | **Shares** | **Value** |
|  **Telecommunications—0.1%** |  |  |  |
|  Intelsat SA<sup>(16)</sup> |  | 1305664 | 40475584 |
|  Reorganized ISA SA<sup>(16)</sup> |  | 957825 | 10017413 |
|  |  |  | 50492997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $43,673,857) |  |  | 50492997 |
|  **INVESTMENT COMPANIES**—**0.5%** |  |  |  |
|  TCW Private Asset Income Fund—I Class<sup>(17)</sup> | TCW Private Asset Income Fund—I Class<sup>(17)</sup> | 17726747 | 177622004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $177,232,508) |  |  | 177622004 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS—10.6%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>4.27%<sup>(18)</sup> | 60452938 | $60452938 |
|  TCW Central Cash Fund,<br>4.33%<sup>(17),(18)</sup> | 3412940643 | 3412940643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $3,473,393,581) |  | 3473393581 |
|  **PURCHASED OPTIONS<sup>(19)</sup> (0.0%)** (Cost: $10,150,514) |  | 8889430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (110.5%)** (Cost: $37,509,943,400) |  | 36203279561 |
|  **Net unrealized appreciation (Depreciation) on Unfunded Commitments (0.0%)** |  | 7283 |
|  **Liabilities In Excess Of Other Assets (-10.5%)** |  | (3450985368) |
|  **Net Assets (100.0%)** |  | $32752301476 |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 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** |
| 22618 | 5-Year U.S. Treasury Note Futures | 09/30/25 | $2433459307 | $2465362000 | $31902693 |
| 5128 | U.S. Ultra Long Bond Futures | 09/19/25 | 604458990 | 610873000 | 6414010 |
| 1155 | U.S. Long Bond Futures | 09/19/25 | 131166512 | 133366406 | 2199894 |
| 580 | 10-Year U.S. Treasury Note Futures | 09/19/25 | 64637207 | 66274063 | 1636856 |
| 42042 | 2-Year U.S. Treasury Note Futures | 09/30/25 | 8710154399 | 8745721380 | 35566981 |
|  |  |  | $**11943876415** | $**12021596849** | $**77720434** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 407 | 30-Year Euro-Buxl Future | 09/8/25 | (57397158) | (56728834) | 668324 |
| 1257 | Euro-Bobl Future | 09/8/25 | (174196424) | (173640224) | 556200 |
| 2959 | Euro-Bund Future | 09/8/25 | (454701597) | (452065682) | 2635915 |
| 52 | Long Gilt Futures | 09/26/25 | (6441595) | (6629146) | (187551) |
|  |  |  | $**(692736774)** | $**(689063886)** | $**3672888** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **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>(20)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 196170802 | 07/11/25 | $222543259 | $230411549 | $7868290 |
|  Citibank N.A. | EUR | 3282935 | 07/11/25 | 3675130 | 3855957 | 180827 |
|  |  |  |  | $226218389 | $234267506 | $8049117 |
|  **SELL<sup>(21)</sup>** |  |  |  |  |  |  |
|  Citibank N.A. | AUD | 6202240 | 07/11/25 | 4034771 | 4065155 | (30384) |
|  Goldman Sachs & Co. | EUR | 331461288 | 07/11/25 | 370444244 | 389316394 | (18872150) |
|  Bank of America N.A. | EUR | 644750000 | 07/11/25 | 700675615 | 757288269 | (56612654) |
|  Citibank N.A. | EUR | 33500112 | 07/11/25 | 38340481 | 39347409 | (1006928) |
|  Bank of New York | EUR | 3453821 | 07/11/25 | 3999058 | 4056670 | (57612) |
|  Citibank N.A. | GBP | 28739000 | 07/11/25 | 37267155 | 39384047 | (2116892) |
|  Goldman Sachs & Co. | GBP | 13505000 | 07/11/25 | 17500184 | 18507309 | (1007125) |
|  |  |  |  | $1172261508 | $1251965253 | $(79703745) |

---

**SWAPTIONS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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**<br>**Fund** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **Purchased Swaptions - OTC** | **Purchased Swaptions - OTC** |  |  |  |  |  |  |  |
|  2-Year Interest Rate Swap | Morgan Stanley & Co. | 4.10 | 12/31/25 | 1074820000 | $1074820000 | $694119 | $— | $694119 |
|  2-Year Interest Rate Swap | Goldman Sachs International | 4.09 | 12/31/25 | 862210000 | 862210000 | 551987 | 2586630 | (2034643) |
|  2-Year Interest Rate Swap | Goldman Sachs International | 3.86 | 12/31/25 | 858940000 | 858940000 | 1074620 | 2576820 | (1502200) |
|  2-Year Interest Rate Swap | Goldman Sachs International | 4.11 | 12/31/25 | 2374020000 | 2374020000 | 1490647 |  | 1490647 |
|  5-Year Interest Rate Swap | Bank of America | 4.24 | 12/31/25 | 364610000 | 364610000 | 703406 | 2534040 | (1830634) |
|  5-Year Interest Rate Swap | JP Morgan Chase Bank | 4.01 | 12/31/25 | 362070000 | 362070000 | 1217858 | 2453024 | (1235166) |
|  5-Year Interest Rate Swap | JP Morgan Chase Bank | 4.20 | 12/31/25 | 1458440000 | 1458440000 | 3156793 |  | 3156793 |
|  **Total Swaptions** |  |  |  |  |  | $**8889430** | $**10150514** | $**(1261084)** |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | |
|:---|:---|
| **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. |
| GBP | British Pound Sterling. |
| 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. |
| TAC | Target Amortization Class. |
| 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 June 30, 2025, the value of these securities amounted to $6,195,601,686 or 18.9% 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) | Floating or variable rate security. The interest shown reflects the rate in effect at June 30, 2025. |
| (3) | 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. |
| (4) | 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. |
| (5) | Security is not accruing interest. |
| (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 June 30, 2025, the value of these securities amounted to $793,012,632 or 2.4% of net assets. |
| (7) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (8) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (9) | 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. |
| (10) | 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. |
| (11) | Restricted security (Note 7). |
| (12) | Perpetual maturity. |
| (13) | 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. |
| (14) | Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $962,033, at an interest rate of 10.08% and a maturity of December 30, 2029. The investment is accruing an unused commitment fee of 5.75% per annum. |
| (15) | This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
| (16) | Non-income producing security. |
| (17) | Affiliated issuer. |
| (18) | Rate disclosed is the 7-day net yield as of June 30, 2025. |
| (19) | See options table for description of purchased options. |
| (20) | Fund buys foreign currency, sells USD. |
| (21) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW MetWest Total Return Bond Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31, 2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>June 30, 2025** | **Value at<br>June 30, 2025** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net Realized**<br>**Gain (Loss) on<br>Investments** | **Net change in<br>Unrealized Gain<br>(Loss) on<br>Investments** |
|  TCW Central Cash Fund | $1736327625 | $4567113018 | $2890500000 | 3412940643 | $3412940643 | $18735157 | $– $|  | $— |
|  TCW Private Asset Income Fund—I Class | 36136726 | 141095782 |  | 17726747 | 177622004 | 1406508 | – |  | 389496 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $3590562647 | $20141665 | $– $|  | $389496 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Total Return Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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 | $— | $11982001978 | $— | $11982001978 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 6928548738 |  |  | 6928548738 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds\* |  | 5605398004 | 2835542 | 5608233546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 3772261324 |  | 3772261324 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 1332739506 | 215210654 | 1547950160 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 1411909645 | 15769495 | 1427679140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans\* |  | 614045381 |  | 614045381 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 236716488 |  | 236716488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 183357129 |  | 183357129 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 131345235 |  | 131345235 |
|  Total Fixed Income Securities | 6928548738 | 25269774690 | 233815691 | 32432139119 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 60742430 |  | 60742430 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 3473393581 |  |  | 3473393581 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 177622004 |  |  | 177622004 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock\* | 10017413 | 40475584 |  | 50492997 |
|  Total Equity Securities | 3661032998 | 40475584 |  | 3701508582 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC | 8889430 |  |  | 8889430 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments |  | 7283 |  | 7283 |
|  Total Investments | $10598471166 | $25370999987 | $233815691 | $36203286844 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 8049117 |  | 8049117 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 81580873 |  |  | 81580873 |
|  Total | $10680052039 | $25379049104 | $233815691 | $36292916834 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (187551) |  |  | (187551) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (79703745) |  | (79703745) |
|  Total | $(187551) | $(79703745) | $— | $(79891296) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—105.2% of Net Assets** |  |  |  |
|  **ASSET-BACKED SECURITIES—12.0%** |  |  |  |
|  Aligned Data Centers Issuer LLC Series 2021-1A, Class A2<br>1.94%<sup>(1)</sup> | 08/15/46 | $240000 | $232038 |
|  AmeriCredit Automobile Receivables Trust Series 2022-2, Class C<br>5.32% | 04/18/28 | 320000 | 322363 |
|  AMMC CLO 15 Ltd. Series 2014-15A, Class BR3<br>6.17% (3 mo. USD Term SOFR + 1.912%)<sup>(1),(2)</sup> | 01/15/32 | 250000 | 250527 |
|  Bain Capital Credit CLO Ltd. Series 2021-6A, Class A1R<br>5.36% (3 mo. USD Term SOFR + 1.090%)<sup>(1),(2)</sup> | 10/21/34 | 150000 | 150127 |
|  BlueMountain CLO XXVIII Ltd. Series 2021-28A, Class A<br>5.78% (3 mo. USD Term SOFR + 1.522%)<sup>(1),(2)</sup> | 04/15/34 | 110000 | 110070 |
|  CIFC Funding Ltd. Series 2014-1A, Class A1R<br>5.63% (3 mo. USD Term SOFR + 1.362%)<sup>(1),(2)</sup> | 01/18/31 | 254848 | 255092 |
|  CIFC Funding Ltd. Series 2016-1A, Class AR3<br>5.27% (3 mo. USD Term SOFR + 1.000%)<sup>(1),(2)</sup> | 10/21/31 | 220892 | 220595 |
|  DataBank Issuer LLC Series 2021-1A, Class A2<br>2.06%<sup>(1)</sup> | 02/27/51 | 120000 | 117408 |
|  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 | 158275 | 158504 |
|  Dryden 72 CLO Ltd. Series 2019-72A, Class ARR<br>5.43% (3 mo. USD Term SOFR + 1.100%)<sup>(1),(2)</sup> | 05/15/32 | 537012 | 537429 |
|  Dryden XXVI Senior Loan Fund Series 2013-26A, Class AR<br>5.42% (3 mo. USD Term SOFR + 1.162%)<sup>(1),(2)</sup> | 04/15/29 | 302060 | 302452 |
|  Galaxy XXII CLO Ltd. Series 2016-22A, Class ARRR<br>5.50% (3 mo. USD Term SOFR + 1.240%)<sup>(1),(2)</sup> | 04/16/34 | 350000 | 350150 |
|  GLS Auto Receivables Issuer Trust Series 2021-3A, Class D<br>1.48%<sup>(1)</sup> | 07/15/27 | 137428 | 135600 |
|  Hotwire Funding LLC Series 2024-1A, Class A2<br>5.89%<sup>(1)</sup> | 06/20/54 | 60000 | 60965 |
|  HTS Fund II LLC Series 2025-1, Class A<br>5.35%<sup>(1)</sup> | 06/23/45 | 100000 | 99999 |
|  LCM 37 Ltd. Series 37A, Class A1R<br>5.32% (3 mo. USD Term SOFR + 1.060%)<sup>(1),(2)</sup> | 04/15/34 | 150000 | 150001 |
|  Navient Private Education Refi Loan Trust Series 2021-CA, Class A<br>1.06%<sup>(1)</sup> | 10/15/69 | 257360 | 231803 |
|  Navient Private Education Refi Loan Trust Series 2021-FA, Class A<br>1.11%<sup>(1)</sup> | 02/18/70 | 172513 | 152950 |
|  Neuberger Berman Loan Advisers CLO Ltd. Series 2022- 49A, Class AR<br>5.43% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 07/25/35 | 350000 | 350246 |
|  Palmer Square Loan Funding Ltd. Series 2022-3A, Class A1BR<br>5.66% (3 mo. USD Term SOFR + 1.400%)<sup>(1),(2)</sup> | 04/15/31 | 250000 | 250063 |
|  Symphony CLO XXIV Ltd. Series 2020-24A, Class AR<br>5.48% (3 mo. USD Term SOFR + 1.200%)<sup>(1),(2)</sup> | 01/23/32 | 199469 | 199661 |
|  Vantage Data Centers Issuer LLC Series 2020-1A, Class A2<br>1.65%<sup>(1)</sup> | 09/15/45 | 78000 | 77397 |
|  Vantage Data Centers Issuer LLC Series 2021-1A, Class A2<br>2.17%<sup>(1)</sup> | 10/15/46 | 200000 | 192813 |
|  Voya CLO Ltd. Series 2015-3A, Class A1R3<br>5.42% (3 mo. USD Term SOFR + 1.150%)<sup>(1),(2)</sup> | 10/20/31 | 147617 | 147671 |
|  Voya CLO Ltd. Series 2017-1A, Class A1R<br>5.49% (3 mo. USD Term SOFR + 1.212%)<sup>(1),(2)</sup> | 04/17/30 | 208586 | 208676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $5,247,690) |  |  | 5264600 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—28.0%** |  |  |  |
|  Federal Home Loan Mortgage Corp. REMICS Series 2368, Class AF (PAC)<br>5.37% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 10/15/31 | 23188 | 23442 |
|  Federal Home Loan Mortgage Corp. REMICS Series 2733, Class FB (PAC)<br>5.02% (30 day USD SOFR Average + 0.714%)<sup>(2)</sup> | 10/15/33 | 197481 | 198089 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3085, Class FW<br>5.12% (30 day USD SOFR Average + 0.814%)<sup>(2)</sup> | 08/15/35 | 145202 | 145589 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3300, Class FA<br>4.72% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 | 135135 | 133612 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3325, Class NF<br>4.72% (30 day USD SOFR Average + 0.414%)<sup>(2)</sup> | 08/15/35 | 27147 | 26841 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3895, Class BF<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 07/15/41 | 84980 | 84130 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 263, Class F5<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 06/15/42 | 119947 | 118498 |
|  Federal National Mortgage Association, Pool #254548<br>5.50% | 12/01/32 | 30006 | 30837 |
|  Federal National Mortgage Association, Pool #555424<br>5.50% | 05/01/33 | 21021 | 21666 |
|  Federal National Mortgage Association, Pool #AL0851<br>6.00% | 10/01/40 | 24707 | 25949 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Federal National Mortgage Association, Pool #762525<br>6.50% | 11/01/33 | $6721 | $7107 |
|  Federal National Mortgage Association, Pool #AE0443<br>6.50% | 10/01/39 | 29628 | 31767 |
|  Federal National Mortgage Association, Pool #770900<br>6.55% (1 yr. USD RFUCCT + 1.552%)<sup>(2)</sup> | 04/01/34 | 37334 | 37430 |
|  Federal National Mortgage Association, Pool #555098<br>6.62% (1 yr. USD RFUCCT + 1.628%)<sup>(2)</sup> | 11/01/32 | 3723 | 3738 |
|  Federal National Mortgage Association, Pool #655133<br>7.00% | 08/01/32 | 4053 | 4294 |
|  Federal National Mortgage Association, Pool #655151<br>7.00% | 08/01/32 | 2447 | 2593 |
|  Federal National Mortgage Association REMICS Series 2001-42, Class SB (I/F)<br>8.50% (-30 day USD SOFR Average + 126.168%)<sup>(2)</sup> | 09/25/31 | 348 | 358 |
|  Federal National Mortgage Association REMICS Series 2001-60, Class OF<br>5.37% (30 day USD SOFR Average + 1.064%)<sup>(2)</sup> | 10/25/31 | 27386 | 27681 |
|  Federal National Mortgage Association REMICS Series 2002-30, Class FB<br>5.42% (30 day USD SOFR Average + 1.114%)<sup>(2)</sup> | 08/25/31 | 21478 | 21657 |
|  Federal National Mortgage Association REMICS Series 2003-124, Class TS (I/F)<br>9.80% (-30 day USD SOFR Average + 99.197%)<sup>(2)</sup> | 01/25/34 | 4626 | 4816 |
|  Federal National Mortgage Association REMICS Series 2004-60, Class FW<br>4.87% (30 day USD SOFR Average + 0.564%)<sup>(2)</sup> | 04/25/34 | 21815 | 21821 |
|  Federal National Mortgage Association REMICS Series 2004-96, Class MT (I/F) (TAC)<br>7.00% (-30 day USD SOFR Average + 123.122%)<sup>(2)</sup> | 12/25/34 | 10049 | 10716 |
|  Federal National Mortgage Association REMICS Series 2005-73, Class DF (PAC)<br>4.67% (30 day USD SOFR Average + 0.364%)<sup>(2)</sup> | 08/25/35 | 32063 | 31849 |
|  Federal National Mortgage Association REMICS Series 2007-68, Class SC (I/O) (I/F)<br>2.28% (-30 day USD SOFR Average + 6.586%)<sup>(2)</sup> | 07/25/37 | 39492 | 4209 |
|  Federal National Mortgage Association REMICS Series 2010-109, Class PF (PAC)<br>4.82% (30 day USD SOFR Average + 0.514%)<sup>(2)</sup> | 10/25/40 | 21774 | 21690 |
|  Federal National Mortgage Association REMICS Series 2010-26, Class S (I/O) (I/F)<br>1.81% (-30 day USD SOFR Average + 6.116%)<sup>(2)</sup> | 11/25/36 | 129950 | 11721 |
|  Federal National Mortgage Association REMICS Series 2010-95, Class FB (PAC)<br>4.82% (30 day USD SOFR Average + 0.514%)<sup>(2)</sup> | 09/25/40 | 20490 | 20438 |
|  Federal National Mortgage Association REMICS Series 2011-47, Class GF<br>4.99% (30 day USD SOFR Average + 0.684%)<sup>(2)</sup> | 06/25/41 | 435454 | 435225 |
|  Federal National Mortgage Association REMICS Series 2018-79, Class FA<br>4.67% (30 day USD SOFR Average + 0.364%)<sup>(2)</sup> | 11/25/48 | 31290 | 30745 |
|  Federal National Mortgage Association REMICS Series 2019-79, Class FA<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 01/25/50 | 81558 | 79337 |
|  Federal National Mortgage Association REMICS Series 2020-10, Class FA<br>4.92% (30 day USD SOFR Average + 0.614%)<sup>(2)</sup> | 03/25/50 | 229479 | 222678 |
|  Federal National Mortgage Association REMICS Series 2024-73, Class FB<br>5.51% (30 day USD SOFR Average + 1.200%)<sup>(2)</sup> | 10/25/54 | 479003 | 477821 |
|  Government National Mortgage Association, Pool #MB0023<br>4.00%<sup>(3)</sup> | 11/20/54 | 246127 | 228935 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 244937 | 234892 |
|  Government National Mortgage Association, Pool #MB0024<br>4.50%<sup>(3)</sup> | 11/20/54 | 122902 | 117760 |
|  Government National Mortgage Association, Pool #8684<br>4.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 08/20/25 | 137 | 137 |
|  Government National Mortgage Association, Pool #80614<br>4.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 07/20/32 | 3533 | 3568 |
|  Government National Mortgage Association, Pool #MA0331<br>4.63% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 08/20/42 | 31898 | 32534 |
|  Government National Mortgage Association, Pool #80546<br>4.75% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 10/20/31 | 2674 | 2695 |
|  Government National Mortgage Association, Pool #80610<br>4.88% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 06/20/32 | 40190 | 40727 |
|  Government National Mortgage Association, Pool #80687<br>4.88% (1 yr. CMT + 1.500%)<sup>(2)</sup> | 04/20/33 | 33912 | 34192 |
|  Government National Mortgage Association REMICS Series 2004-2, Class FW<br>5.84% (1 mo. USD Term SOFR + 1.514%)<sup>(2)</sup> | 01/16/34 | 184278 | 188075 |
|  Government National Mortgage Association REMICS Series 2009-92, Class FC<br>5.23% (1 mo. USD Term SOFR + 0.914%)<sup>(2)</sup> | 10/16/39 | 47289 | 47623 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Government National Mortgage Association REMICS Series 2011-70, Class IL (I/O) (I/F)<br>0.60% (-1 mo. USD Term SOFR + 6.986%)<sup>(2)</sup> | 06/16/37 | $765431 | $13933 |
|  Government National Mortgage Association REMICS Series 2023-113, Class FD<br>5.65% (30 day USD SOFR Average + 1.350%)<sup>(2)</sup> | 08/20/53 | 380444 | 382099 |
|  Government National Mortgage Association REMICS Series 2024-143, Class FB<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 415141 | 415235 |
|  Government National Mortgage Association REMICS Series 2024-144, Class FD<br>5.45% (30 day USD SOFR Average + 1.150%)<sup>(2)</sup> | 09/20/54 | 486075 | 486371 |
|  Government National Mortgage Association REMICS Series 2024-148, Class AF<br>5.48% (30 day USD SOFR Average + 1.180%)<sup>(2)</sup> | 09/20/54 | 490377 | 490818 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 08/01/54 | 225000 | 215362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 04/01/55 | 500000 | 491216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 03/01/55 | 300000 | 300414 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 03/01/37 | 650000 | 627436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 09/01/37 | 975000 | 953910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 03/01/52 | 525000 | 488310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 04/01/39 | 1450000 | 1441240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 07/01/54 | 625000 | 597880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 02/01/40 | 1475000 | 1486070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 03/01/55 | 450000 | 441152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(4)</sup> | 02/01/55 | 250000 | 250010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $12,306,785) |  |  | 12330938 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—5.4%** |  |  |  |
|  BPR Trust Series 2021-WILL, Class A<br>6.18% (1 mo. USD Term SOFR + 1.864%)<sup>(1),(2)</sup> | 06/15/38 | 191787 | 190950 |
|  BX Commercial Mortgage Trust Series 2021-21M, Class A<br>5.16% (1 mo. USD Term SOFR + 0.844%)<sup>(1),(2)</sup> | 10/15/36 | 59504 | 59502 |
|  BX Commercial Mortgage Trust Series 2021-XL2, Class A<br>5.12% (1 mo. USD Term SOFR + 0.803%)<sup>(1),(2)</sup> | 10/15/38 | 59498 | 59507 |
|  BX Trust Series 2021-MFM1, Class A<br>5.13% (1 mo. USD Term SOFR + 0.814%)<sup>(1),(2)</sup> | 01/15/34 | 76961 | 76946 |
|  Citigroup Commercial Mortgage Trust Series 2021-PRM2, Class A<br>5.38% (1 mo. USD Term SOFR + 1.064%)<sup>(1),(2)</sup> | 10/15/38 | 152000 | 151504 |
|  Government National Mortgage Association Series 2011-165 (I/O)<br>0.00%<sup>(5)</sup> | 10/16/51 | 1989867 | 20 |
|  Great Wolf Trust Series 2024-WOLF, Class A<br>5.85% (1 mo. USD Term SOFR + 1.542%)<sup>(1),(2)</sup> | 03/15/39 | 152000 | 152429 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class A<br>6.40% (1 mo. USD Term SOFR + 2.091%)<sup>(1),(2)</sup> | 03/15/28 | 125000 | 125522 |
|  GS Mortgage Securities Trust Series 2015-590M, Class C<br>3.93%<sup>(1),(5)</sup> | 10/10/35 | 100000 | 99540 |
|  HILT Commercial Mortgage Trust Series 2024-ORL, Class A<br>5.85% (1 mo. USD Term SOFR + 1.541%)<sup>(1),(2)</sup> | 05/15/37 | 100000 | 100196 |
|  Hilton USA Trust Series 2016-HHV, Class A<br>3.72%<sup>(1)</sup> | 11/05/38 | 103000 | 101309 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class A<br>2.95%<sup>(1),(5)</sup> | 09/06/38 | 163000 | 158978 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-NINE, Class B<br>2.95%<sup>(1),(5)</sup> | 09/06/38 | 145000 | 140379 |
|  MF1 Ltd. Series 2020-FL4, Class A<br>6.13% (1 mo. USD Term SOFR + 1.814%)<sup>(1),(2)</sup> | 12/15/35 | 71264 | 71325 |
|  NRTH Mortgage Trust Series 2024-PARK, Class A<br>5.95% (1 mo. USD Term SOFR + 1.641%)<sup>(1),(2)</sup> | 03/15/39 | 150000 | 150298 |
|  NYCT Trust Series 2024-3ELV, Class A<br>6.30% (1 mo. USD Term SOFR + 1.991%)<sup>(1),(2)</sup> | 08/15/29 | 200000 | 201396 |
|  NYO Commercial Mortgage Trust Series 2021-1290, Class A<br>5.52% (1 mo. USD Term SOFR + 1.209%)<sup>(1),(2)</sup> | 11/15/38 | 140000 | 139815 |
|  PGA Trust Series 2024-RSR2, Class A<br>6.20% (1 mo. USD Term SOFR + 1.891%)<sup>(1),(2)</sup> | 06/15/39 | 173000 | 173560 |
|  Wells Fargo Commercial Mortgage Trust Series 2021- FCMT, Class A<br>5.63% (1 mo. USD Term SOFR + 1.314%)<sup>(1),(2)</sup> | 05/15/31 | 200000 | 199096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $2,414,189) |  |  | 2352272 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—1.3%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KS07, Class X (I/O)<br>0.71%<sup>(5)</sup> | 09/25/25 | 6642105 | 7771 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series Q004, Class AFL<br>5.14% (1 yr. MTA + 0.740%)<sup>(2)</sup> | 05/25/44 | 81443 | 81451 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series Q010, Class APT<br>7.74%<sup>(5)</sup> | 04/25/46 | 26824 | 26932 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Government National Mortgage Association Series 2008-92, Class E<br>5.56%<sup>(5)</sup> | 03/16/44 | $29523 | $29433 |
|  Government National Mortgage Association Series 2012-135 (I/O)<br>0.34%<sup>(5)</sup> | 01/16/53 | 1487633 | 16997 |
|  Government National Mortgage Association Series 2014- 157, Class C<br>3.15%<sup>(5)</sup> | 10/16/54 | 402716 | 389355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $627,767) |  |  | 551939 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—5.7%** |  |  |  |
|  Aames Mortgage Trust Series 2002-1, Class A3<br>7.40% | 06/25/32 | 7001 | 6889 |
|  Adjustable Rate Mortgage Trust Series 2005-1, Class 1A1<br>5.91%<sup>(5)</sup> | 05/25/35 | 11863 | 11874 |
|  Ajax Mortgage Loan Trust Series 2019-F, Class A1<br>2.86%<sup>(1)</sup> | 07/25/59 | 85020 | 82613 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass- Through Certificates Series 2005-R10, Class M3<br>5.11% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 01/25/36 | 122814 | 122308 |
|  Ameriquest Mortgage Securities, Inc. Asset-Backed Pass- Through Certificates Series 2005-R3, Class M4<br>5.36% (1 mo. USD Term SOFR + 1.044%)<sup>(2)</sup> | 05/25/35 | 10477 | 10465 |
|  Banc of America Funding Trust Series 2003-2, Class 1A1<br>6.50% | 06/25/32 | 2268 | 2306 |
|  Chase Home Lending Mortgage Trust Series 2024-8, Class A6A<br>5.50%<sup>(1),(5)</sup> | 08/25/55 | 119864 | 119730 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-WFH4, Class M2<br>4.87% (1 mo. USD Term SOFR + 0.549%)<sup>(2)</sup> | 11/25/36 | 341863 | 339854 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2007-AMC4, Class A2D<br>4.70% (1 mo. USD Term SOFR + 0.384%)<sup>(2)</sup> | 05/25/37 | 76554 | 75982 |
|  Countrywide Alternative Loan Trust Series 2004-J6, Class 2A1<br>6.50% | 11/25/31 | 10098 | 10346 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2002-AR31, Class 4A2<br>7.64%<sup>(5)</sup> | 11/25/32 | 12810 | 12786 |
|  FFMLT Trust Series 2005-FF8, Class M2<br>5.21% (1 mo. USD Term SOFR + 0.894%)<sup>(2)</sup> | 09/25/35 | 101611 | 101434 |
|  First Franklin Mortgage Loan Trust Series 2006-FFH1, Class M1<br>4.99% (1 mo. USD Term SOFR + 0.669%)<sup>(2)</sup> | 01/25/36 | 403558 | 396081 |
|  HSI Asset Securitization Corp. Trust Series 2006-OPT2, Class M2<br>5.02% (1 mo. USD Term SOFR + 0.699%)<sup>(2)</sup> | 01/25/36 | 85607 | 85097 |
|  IndyMac INDX Mortgage Loan Trust Series 2004-AR6, Class 6A1<br>5.59%<sup>(5)</sup> | 10/25/34 | 64190 | 60423 |
|  JPMorgan Mortgage Trust Series 2005-A2, Class 9A1<br>6.75%<sup>(5)</sup> | 04/25/35 | 27545 | 27217 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-12, Class 5A1<br>6.82%<sup>(5)</sup> | 10/25/34 | 7347 | 7128 |
|  MASTR Seasoned Securitization Trust Series 2004-1, Class 4A1<br>7.56%<sup>(5)</sup> | 10/25/32 | 13162 | 12944 |
|  Merrill Lynch Mortgage Investors Trust MLMI Series 2003- A1, Class 2A<br>6.43% (1 yr. USD Term SOFR + 2.340%)<sup>(2)</sup> | 12/25/32 | 83212 | 83458 |
|  MortgageIT Trust Series 2005-1, Class 1A1<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(2)</sup> | 02/25/35 | 202137 | 205083 |
|  Ownit Mortgage Loan Trust Series 2006-3, Class A2D<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(2)</sup> | 03/25/37 | 281152 | 272233 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates Series 2004-WHQ2, Class M4<br>6.01% (1 mo. USD Term SOFR + 1.689%)<sup>(2)</sup> | 02/25/35 | 186929 | 184038 |
|  Residential Asset Mortgage Products Trust Series 2004-SL1, Class A2<br>8.50% | 11/25/31 | 33947 | 10967 |
|  Residential Asset Securities Corporation Trust Series 2006- KS3, Class M1<br>4.93% (1 mo. USD Term SOFR + 0.444%)<sup>(2)</sup> | 04/25/36 | 85180 | 84520 |
|  Residential Asset Securitization Trust Series 2004-IP2, Class 2A1<br>3.94%<sup>(5)</sup> | 12/25/34 | 45668 | 41613 |
|  Soundview Home Loan Trust Series 2005-OPT1, Class M2<br>5.11% (1 mo. USD Term SOFR + 0.789%)<sup>(2)</sup> | 06/25/35 | 93585 | 92913 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2003-AR6, Class A1<br>6.38%<sup>(5)</sup> | 06/25/33 | 13060 | 12845 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2005-4, Class CB1<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(2)</sup> | 06/25/35 | 63084 | 55020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $2,539,916) |  |  | 2528167 |
|  **CORPORATE BONDS—27.3%** |  |  |  |
|  **Aerospace/Defense—0.1%** |  |  |  |
|  TransDigm, Inc.<br>6.00%<sup>(1)</sup> | 01/15/33 | 24000 | 24160 |
|  **Agriculture—0.5%** |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 | 70000 | 70978 |
|  Imperial Brands Finance PLC (United Kingdom)<br>6.13%<sup>(1)</sup> | 07/27/27 | 135000 | 139332 |
|  |  |  | 210310 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks—13.3%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42% (3 mo. USD Term SOFR + 1.302%)<sup>(2)</sup> | 12/20/28 | $70000 | $68429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82% (3 mo. USD Term SOFR + 1.837%)<sup>(2)</sup> | 01/20/28 | 985000 | 976746 |
|  Bank of New York Mellon<br>4.73% (1 day USD SOFR + 1.135%)<sup>(2)</sup> | 04/20/29 | 160000 | 162256 |
|  Citigroup, Inc.<br>1.46% (1 day USD SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 815000 | 792041 |
|  Goldman Sachs Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (1 day USD SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 405000 | 391133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80% (1 day USD SOFR + 1.075%)<sup>(2)</sup> | 08/10/26 | 240000 | 240317 |
|  HSBC Holdings PLC (United Kingdom)<br>2.01% (1 day USD SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | 85000 | 80567 |
|  JPMorgan Chase & Co.<br>1.04% (3 mo. USD Term SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 1185000 | 1160885 |
|  Lloyds Banking Group PLC (United Kingdom)<br>1.63% (1 yr. CMT + 0.850%)<sup>(2)</sup> | 05/11/27 | 50000 | 48773 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.99% (1 day USD SOFR + 0.720%)<sup>(2)</sup> | 12/10/26 | 605000 | 595387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (1 day USD SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 225000 | 218317 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.58% (1 day USD SOFR + 1.841%)<sup>(2)</sup> | 06/12/29 | 55000 | 56984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.62% (1 day USD SOFR Index + 1.730%)<sup>(2)</sup> | 10/20/27 | 40000 | 41137 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>1.67% (1 day USD SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 105000 | 101996 |
|  U.S. Bancorp<br>4.65% (1 day USD SOFR + 1.230%)<sup>(2)</sup> | 02/01/29 | 200000 | 201462 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (1 day USD SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 560000 | 539935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(2)</sup> | 07/25/29 | 175000 | 180737 |
|  |  |  | 5857102 |
|  **Chemicals—0.3%** |  |  |  |
|  International Flavors & Fragrances, Inc.<br>1.83%<sup>(1)</sup> | 10/15/27 | 150000 | 141339 |
|  **Commercial Services—0.7%** |  |  |  |
|  Global Payments, Inc.<br>2.15% | 01/15/27 | 300000 | 290391 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 5000 | 4852 |
|  |  |  | 295243 |
|  **Computers—0.2%** |  |  |  |
|  Dell International LLC/EMC Corp.<br>4.75% | 04/01/28 | 70000 | 70853 |
|  **Cosmetics/Personal Care—0.0%** |  |  |  |
|  Opal Bidco SAS (France)<br>6.50% <sup>(1)</sup> | 03/31/32 | 10000 | 10202 |
|  **Diversified Financial Services—1.8%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>2.45% | 10/29/26 | 300000 | 292353 |
|  Air Lease Corp.<br>3.63% | 04/01/27 | 200000 | 197866 |
|  American Express Co.<br>4.73% (1 day USD SOFR + 1.260%)<sup>(2)</sup> | 04/25/29 | 100000 | 101134 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53%<sup>(1)</sup> | 11/18/27 | 198000 | 188274 |
|  |  |  | 779627 |
|  **Electric—0.8%** |  |  |  |
|  Alliant Energy Finance LLC<br>5.95%<sup>(1)</sup> | 03/30/29 | 135000 | 141842 |
|  Eversource Energy<br>2.90% | 03/01/27 | 200000 | 195368 |
|  |  |  | 337210 |
|  **Entertainment—0.0%** |  |  |  |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 18000 | 18779 |
|  **Gas—1.2%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 | 15000 | 15479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 | 8000 | 8297 |
|  Southern Co. Gas Capital Corp.<br>3.88% | 11/15/25 | 500000 | 498710 |
|  |  |  | 522486 |
|  **Health Care-Products—0.5%** |  |  |  |
|  Stryker Corp.<br>4.70% | 02/10/28 | 120000 | 121637 |
|  Thermo Fisher Scientific, Inc.<br>0.50% | 03/01/28 | 100000 | 111545 |
|  |  |  | 233182 |
|  **Health Care-Services—0.6%** |  |  |  |
|  Fortrea Holdings, Inc.<br>7.50%<sup>(1)</sup> | 07/01/30 | 5000 | 4535 |
|  HCA, Inc.<br>5.88% | 02/15/26 | 250000 | 250295 |
|  Molina Healthcare, Inc.<br>6.25%<sup>(1)</sup> | 01/15/33 | 15000 | 15275 |
|  |  |  | 270105 |
|  **Household Products/Wares—0.0%** |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 6000 | 4855 |
|  **Internet—0.0%** |  |  |  |
|  Snap, Inc.<br>6.88%<sup>(1)</sup> | 03/01/33 | 15000 | 15401 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **Lodging—0.5%** |  |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | $| 115000 | $116265 |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 |  | 90000 | 91841 |
|  |  |  |  | 208106 |
|  **Media—0.5%** |  |  |  |  |
|  Discovery Communications LLC<br>4.13% | 05/15/29 |  | 250000 | 232363 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 |  | 3000 | 3092 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 |  | 5000 | 4447 |
|  |  |  |  | 239902 |
|  **Office/Business Equipment—0.1%** |  |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 |  | 20000 | 20956 |
|  **Oil & Gas—0.0%** |  |  |  |  |
|  Transocean, Inc.<br>8.75%<sup>(1)</sup> | 02/15/30 |  | 4000 | 4128 |
|  **Packaging & Containers—0.6%** |  |  |  |  |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.<br>4.13%<sup>(1)</sup> | 08/15/26 |  | 10000 | 9399 |
|  Berry Global, Inc.<br>5.50% | 04/15/28 |  | 225000 | 230996 |
|  |  |  |  | 240395 |
|  **Pharmaceuticals—0.7%** |  |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 |  | 15000 | 15149 |
|  Bayer U.S. Finance LLC (Germany)<br>6.25%<sup>(1)</sup> | 01/21/29 |  | 220000 | 230815 |
|  Grifols SA (Spain)<br>4.75%<sup>(1)</sup> | 10/15/28 |  | 35000 | 33606 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 |  | 38000 | 38598 |
|  |  |  |  | 318168 |
|  **Pipelines—0.1%** |  |  |  |  |
|  Venture Global LNG, Inc. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 06/01/28 |  | 20000 | 20676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 |  | 20000 | 21611 |
|  Venture Global Plaquemines LNG LLC<br>6.75% | 01/15/36 |  | 9000 | 9000 |
|  |  |  |  | 51287 |
|  **REIT—2.8%** |  |  |  |  |
|  American Tower Corp. (REIT)<br>5.25% | 07/15/28 |  | 250000 | 256378 |
|  Crown Castle, Inc.<br>3.80% | 02/15/28 |  | 135000 | 132646 |
|  Extra Space Storage LP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/15/27 |  | 205000 | 202790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 04/01/28 |  | 135000 | 139514 |
|  Healthcare Realty Holdings LP<br>3.63% | 01/15/28 |  | 220000 | 214790 |
|  VICI Properties LP/VICI Note Co., Inc.<br>5.75%<sup>(1)</sup> | 02/01/27 |  | 285000 | 288990 |
|  |  |  |  | 1235108 |
|  **Retail—0.3%** |  |  |  |  |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 04/01/26 |  | 70000 | 69492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 |  | 40000 | 37071 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 |  | 10000 | 9722 |
|  |  |  |  | 116285 |
|  **Savings & Loans—0.4%** |  |  |  |  |
|  Nationwide Building Society (United Kingdom)<br>2.97% (1 day USD SOFR + 1.290%)<sup>(1),(2)</sup> | 02/16/28 |  | 200000 | 195358 |
|  **Semiconductors—0.2%** |  |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 |  | 95000 | 97448 |
|  **Software—0.1%** |  |  |  |  |
|  Oracle Corp.<br>4.80% | 08/03/28 |  | 50000 | 50831 |
|  **Telecommunications—1.0%** |  |  |  |  |
|  Altice Financing SA (Luxembourg)<br>5.75%<sup>(1)</sup> | 08/15/29 |  | 5000 | 3667 |
|  Consolidated Communications, Inc.<br>5.00%<sup>(1)</sup> | 10/01/28 |  | 5000 | 5061 |
|  EchoStar Corp.<br>10.75% | 11/30/29 |  | 2200 | 2264 |
|  Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 |  | 192500 | 193838 |
|  T-Mobile USA, Inc.<br>2.25% | 02/15/26 |  | 200000 | 197104 |
|  Vmed O2 U.K. Financing I PLC (United Kingdom)<br>7.75%<sup>(1)</sup> | 04/15/32 |  | 10000 | 10407 |
|  Zayo Group Holdings, Inc.<br>4.00%<sup>(1)</sup> | 03/01/27 |  | 30000 | 28162 |
|  |  |  |  | 440503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $11,754,212) |  |  |  | 12009329 |
|  **Municipal Bond—0.2%** |  |  |  |  |
|  Commonwealth of Massachusetts, Series B<br>4.11% | 07/15/31 |  | 94203 | 93582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $92,358) |  |  |  | 93582 |
|  **U.S. TREASURY SECURITIES**—**21.5%** |  |  |  |  |
|  U.S. Treasury Notes |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 06/30/27 |  | 7861000 | 7866220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/15/28 |  | 875000 | 879751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 |  | 710000 | 712801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $9,437,016) |  |  |  | 9458772 |
|  **U.S. GOVERNMENT AGENCY OBLIGATIONS**—**3.8%** |  |  |  |  |
|  U.S. International Development Finance Corp.<br>1.49% | 08/15/31 |  | 1810810 | 1665131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $1,817,816) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $1,817,816) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $1,817,816) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $1,817,816) | 1665131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $46,237,749) |  |  |  | 46254730 |
|  **CONVERTIBLE SECURITIES**—**0.1%** | **CONVERTIBLE SECURITIES**—**0.1%** | **CONVERTIBLE SECURITIES**—**0.1%** | **CONVERTIBLE SECURITIES**—**0.1%** |  |
|  **CONVERTIBLE CORPORATE BONDS—0.1%** |  |  |  |  |
|  **Commercial Services—0.1%** |  |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(6),(7)</sup> | 07/30/25 | EUR | 20000 | 27548 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **Commercial Services (Continued)** |  |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(6),(7)</sup> | 07/30/26 | EUR | 30000 | $32699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Services** (Cost: $53,691) |  |  |  | 60247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $53,691) |  |  |  | 60247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $53,691) |  |  |  | 60247 |
| **Issues** |  | **Shares** | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS**—**26.4%** |  |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.27%<sup>(8)</sup> |  |  | 5440851 | 5440851 |
|  TCW Central Cash Fund,<br>4.33%<sup>(8),(9)</sup> |  |  | 6199418 | 6199418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $11,640,269) |  |  |  | 11640269 |
|  **PURCHASED OPTIONS<sup>(10)</sup> (0.0%)** (Cost: $13,958) | **PURCHASED OPTIONS<sup>(10)</sup> (0.0%)** (Cost: $13,958) | **PURCHASED OPTIONS<sup>(10)</sup> (0.0%)** (Cost: $13,958) | **PURCHASED OPTIONS<sup>(10)</sup> (0.0%)** (Cost: $13,958) | 12692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (131.7%)** (Cost: $57,945,667) |  |  |  | 57967938 |
|  **Liabilities In Excess Of Other Assets (-31.7%)** | **Liabilities In Excess Of Other Assets (-31.7%)** | **Liabilities In Excess Of Other Assets (-31.7%)** | **Liabilities In Excess Of Other Assets (-31.7%)** | (13942020) |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | **Net Assets (100.0%)** | **Net Assets (100.0%)** | $44025918 |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 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** |  |  |  |  |  |
| 66 | 2-Year U.S. Treasury Note Futures | 09/30/25 | $13674521 | $13729547 | $55026 |
|  |  |  | $**13674521** | $**13729547** | $**55026** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 16 | 10-Year Ultra U.S. Treasury Note Futures | 09/19/25 | (1776335) | (1828250) | (51915) |
| 53 | 5-Year U.S. Treasury Note Futures | 09/30/25 | (5714802) | (5777000) | (62198) |
| 1 | Euro Schatz Futures | 09/8/25 | (126076) | (125895) | 181 |
| 6 | U.S. Ultra Long Bond Futures | 09/19/25 | (690738) | (714750) | (24012) |
|  |  |  | $**(8307951)** | $**(8445895)** | $**(137944)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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)** |
|  **SELL*<sup>(11)</sup>*** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 144100 | 07/11/25 | $156426 | $169252 | $(12826) |
|  |  |  |  | $**156426** | $**169252** | $**(12826)** |

---

**SWAPTIONS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Exercise**<br>**Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market Value** | **Premiums<br>Paid<br>(Received)**<br>**by**<br>**Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Purchased Swaptions — OTC |  |  |  |  |  |  |  |  |
|  2-Year Interest Rate Swap | Goldman Sachs<br>International | 4.09 | 12/31/25 | 1195000 | $1195000 | $765 | $3585 | $(2820) |
|  2-Year Interest Rate Swap | Goldman Sachs<br>International | 3.86 | 12/31/25 | 1170000 | 1170000 | 1464 | 3510 | (2046) |
|  2-Year Interest Rate Swap | Goldman Sachs<br>International | 4.11 | 12/31/25 | 5050000 | 5050000 | 3171 |  | 3171 |
|  5-Year Interest Rate Swap | Bank of America | 4.24 | 12/31/25 | 505000 | 505000 | 974 | 3510 | (2536) |
|  5-Year Interest Rate Swap | JP Morgan<br>Chase Bank | 4.01 | 12/31/25 | 495000 | 495000 | 1664 | 3353 | (1689) |
|  5-Year Interest Rate Swap | JP Morgan<br>Chase Bank | 4.20 | 12/31/25 | 2150000 | 2150000 | 4654 |  | 4654 |
|  **Total Swaptions** |  |  |  |  |  | $**12692** | $**13958** | $**(1266)** |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| 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. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TAC | Target Amortization Class. |
| 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 June 30, 2025, the value of these securities amounted to $9,527,697 or 21.6% 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. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at June 30, 2025. |
| (3) | This security is purchased on a when-issued, delayed-delivery or forward commitment basis. |
| (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) | 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) | 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 June 30, 2025, the value of these securities amounted to $60,247 or 0.1% of net assets. |
| (8) | Rate disclosed is the 7-day net yield as of June 30, 2025. |
| (9) | Affiliated issuer. |
| (10) | See options table for description of purchased options. |
| (11) | Fund sells foreign currency, buys USD. |

---

------

---

| |
|:---|
| **TCW MetWest Ultra Short Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>June 30, 2025** | **Value at June 30,<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 | $1349875 | $41149543 | $36300000 | 6199418 | $6199418 | $47291 | $– $– $|  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $6199418 | $47291 | $– $– $|  |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Ultra Short Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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 | $— | $12330938 | $— | $12330938 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds\* |  | 12009329 |  | 12009329 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 9458772 |  |  | 9458772 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 5264600 |  | 5264600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 2528167 |  | 2528167 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 2352272 |  | 2352272 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 1665131 |  | 1665131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 551939 |  | 551939 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 93582 |  | 93582 |
|  Total Fixed Income Securities | 9458772 | 36795958 |  | 46254730 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 60247 |  | 60247 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 11640269 |  |  | 11640269 |
|  Swaptions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchased Swaptions—OTC | 12692 |  |  | 12692 |
|  Total Investments | $21111733 | $36856205 | $— | $57967938 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 55207 |  |  | 55207 |
|  Total | $21166940 | $36856205 | $— | $58023145 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (138125) |  |  | (138125) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (12826) |  | (12826) |
|  Total | $(138125) | $(12826) | $— | $(150951) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **FIXED INCOME SECURITIES—103.8% of Net Assets** | **FIXED INCOME SECURITIES—103.8% of Net Assets** | **FIXED INCOME SECURITIES—103.8% of Net Assets** | **FIXED INCOME SECURITIES—103.8% of Net Assets** |
|  **ASSET-BACKED SECURITIES—10.3%** |  |  |  |
|  321 Henderson Receivables VI LLC Series 2010-1A, Class B<br>9.31%<sup>(1)</sup> | 07/15/61 | $78609 | $79576 |
|  ALLO Issuer LLC Series 2023-1A, Class C<br>12.18%<sup>(1)</sup> | 06/20/53 | 3700000 | 3956800 |
|  ALLO Issuer LLC Series 2024-1A, Class C<br>11.19%<sup>(1)</sup> | 07/20/54 | 1200000 | 1300396 |
|  ALLO Issuer LLC Series 2025-1A, Class C<br>8.10%<sup>(1)</sup> | 04/20/55 | 5590000 | 5598204 |
|  Avis Budget Rental Car Funding AESOP LLC Series 2021- 2A, Class D<br>4.08%<sup>(1)</sup> | 02/20/28 | 8500000 | 8221380 |
|  Bayview Opportunity Master Fund VII LLC Series 2024- EDU1, Class E<br>8.36% (30 day USD SOFR Average + 3.500%)<sup>(1)</sup> | 06/25/47 | 5981202 | 6082881 |
|  Carvana Auto Receivables Trust Series 2021-N3, Class R<br>0.00%<sup>(1),(2)</sup> | 06/12/28 | 19250 | 1259926 |
|  Carvana Auto Receivables Trust Series 2021-N4, Class R<br>0.00%<sup>(1),(2),(3)</sup> | 09/12/28 | 26800 | 1061229 |
|  Carvana Auto Receivables Trust Series 2021-P4, Class R<br>0.00%<sup>(1),(2),(3)</sup> | 09/11/28 | 14200 | 1952911 |
|  Carvana Auto Receivables Trust Series 2022-N1, Class R<br>0.00%<sup>(1),(2)</sup> | 12/11/28 | 71000 | 3648050 |
|  Carvana Auto Receivables Trust Series 2022-P2, Class R<br>0.00%<sup>(1),(2)</sup> | 05/10/29 | 54850 | 6605037 |
|  Carvana Auto Receivables Trust Series 2023-P3, Class R<br>0.00%<sup>(1)</sup> | 08/12/30 | 16200 | 2014281 |
|  CIFC Funding Ltd. Series 2014-1A, Class BR2<br>5.93% (3 mo. USD Term SOFR + 1.662%)<sup>(1),(4)</sup> | 01/18/31 | 8525000 | 8544983 |
|  CIT Education Loan Trust Series 2007-1, Class B<br>4.90% (90 day USD SOFR Average + 0.562%)<sup>(1),(4)</sup> | 06/25/42 | 831353 | 777303 |
|  Clover CLO LLC Series 2018-1A, Class B1R<br>6.22% (3 mo. USD Term SOFR + 1.950%)<sup>(1),(4)</sup> | 04/20/37 | 9300000 | 9334884 |
|  Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC Series 2025-1A, Class C<br>9.41%<sup>(1)</sup> | 05/20/55 | 8142000 | 8540359 |
|  DataBank Issuer LLC Series 2021-1A, Class A2<br>2.06%<sup>(1)</sup> | 02/27/51 | 6047860 | 5917221 |
|  Elmwood CLO 30 Ltd. Series 2024-6A, Class B<br>6.03% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(4)</sup> | 07/17/37 | 6000000 | 6019536 |
|  Flexential Issuer LLC Series 2021-1A, Class C<br>6.93%<sup>(1)</sup> | 11/27/51 | 9755000 | 9595510 |
|  GBX Leasing LLC Series 2022-1, Class A<br>2.87%<sup>(1)</sup> | 02/20/52 | 8745303 | 8162770 |
|  Goal Capital Funding Trust Series 2006-1, Class B<br>5.30% (3 mo. USD LIBOR + 0.450%)<sup>(4)</sup> | 08/25/42 | 150174 | 143014 |
|  GoldenTree Loan Management U.S. CLO 20 Ltd. Series 2024-20A, Class B<br>6.07% (3 mo. USD Term SOFR + 1.800%)<sup>(1),(4)</sup> | 07/20/37 | 5240000 | 5263098 |
|  GoldenTree Loan Management U.S. CLO 25 Ltd. Series 2025-25A, Class D<br>7.82% (3 mo. USD Term SOFR + 3.500%)<sup>(1),(4)</sup> | 04/20/38 | 6325000 | 6387934 |
|  Hertz Vehicle Financing III LP Series 2021-2A, Class C<br>2.52%<sup>(1)</sup> | 12/27/27 | 5569500 | 5343589 |
|  Hertz Vehicle Financing LLC Series 2022-4A, Class D<br>6.56%<sup>(1)</sup> | 09/25/26 | 2266000 | 2266026 |
|  HPS Loan Management Ltd. Series 2024-20A, Class B1<br>6.13% (3 mo. USD Term SOFR + 1.850%)<sup>(1),(4)</sup> | 07/25/37 | 4850000 | 4863308 |
|  Invesco U.S. CLO Ltd. Series 2024-4A, Class SUB<br>0.00%<sup>(1),(5)</sup> | 01/15/38 | 8000000 | 6263200 |
|  Invesco U.S. CLO Ltd. Series 2024-4A, Class Y<br>0.00%<sup>(1),(5),(6),(7)</sup> | 01/15/38 | 8000000 | 1 |
|  Madison Park Funding XXXIX Ltd. Series 2021-39A, Class BR<br>6.02% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(4)</sup> | 10/22/34 | 8000000 | 8015744 |
|  Magnetite XLII Ltd. Series 2024-42A, Class SUB<br>0.00%<sup>(1),(5)</sup> | 01/25/38 | 6050000 | 5451746 |
|  Magnetite XXI Ltd. Series 2019-21A, Class BR<br>5.88% (3 mo. USD Term SOFR + 1.612%)<sup>(1),(4)</sup> | 04/20/34 | 8000000 | 8004952 |
|  MetroNet Infrastructure Issuer LLC<br>7.95% | 04/20/53 | 2650000 | 2683849 |
|  MetroNet Infrastructure Issuer LLC Series 2024-1A, Class C<br>10.86%<sup>(1),(6)</sup> | 04/20/54 | 2435000 | 2617063 |
|  NCFA LLC<br>2.75%<sup>(6)</sup> | 06/12/28 | 8239576 | 8239576 |
|  NCFA LLC – Loan Participation 2<br>3.14%<sup>(6)</sup> | 12/19/27 | 11199249 | 11199249 |
|  Nelnet Student Loan Trust Series 2006-2, Class B<br>4.82% (90 day USD SOFR Average + 0.462%)<sup>(4)</sup> | 01/25/38 | 2083625 | 1875627 |
|  Owl Rock CLO XV LLC Series 2024-15A, Class A<br>6.57% (3 mo. USD Term SOFR + 2.300%)<sup>(1),(4)</sup> | 01/20/36 | 4650000 | 4676896 |
|  Palmer Square CLO Ltd. Series 2024-3A, Class SUB<br>0.00%<sup>(1),(5)</sup> | 07/20/37 | 3975000 | 3526187 |
|  Park Avenue Institutional Advisers CLO Ltd. Series 2021- 1A, Class A2<br>6.28% (3 mo. USD Term SOFR + 2.012%)<sup>(1),(4)</sup> | 01/20/34 | 4850000 | 4854806 |
|  Rad CLO 22 Ltd. Series 2023-22A, Class D<br>9.27% (3 mo. USD Term SOFR + 5.000%)<sup>(1),(4)</sup> | 01/20/37 | 3940000 | 3982532 |
|  Rad CLO 7 Ltd. Series 2020-7A, Class B1R<br>6.18% (3 mo. USD Term SOFR + 1.900%)<sup>(1),(4)</sup> | 04/17/36 | 7280000 | 7294036 |
|  Skyline Aviation, Inc. Class A<br>3.23% | 07/03/38 | 7708771 | 7174878 |
|  SLC Student Loan Trust Series 2004-1, Class B<br>4.91% (90 day USD SOFR Average + 0.552%)<sup>(4)</sup> | 08/15/31 | 260147 | 229434 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |  |  |
|  SLM Student Loan EDC Repackaging Trust Series 2013-M1, Class M1R<br>0.00%<sup>(1),(2)</sup> | 10/28/29 | $| 6250 | $| 1317336 |
|  SLM Student Loan Trust Series 2003-12, Class B<br>5.19% (90 day USD SOFR Average + 0.852%)<sup>(4)</sup> | 12/15/68 |  | 1936756 |  | 1843326 |
|  SLM Student Loan Trust Series 2003-4, Class A5D<br>5.35% (90 day USD SOFR Average + 1.012%)<sup>(1),(4)</sup> | 03/15/33 |  | 888883 |  | 867057 |
|  SLM Student Loan Trust Series 2003-7, Class B<br>5.17% (90 day USD SOFR Average + 0.832%)<sup>(4)</sup> | 09/15/39 |  | 1364579 |  | 1298365 |
|  SLM Student Loan Trust Series 2004-10, Class B<br>4.99% (90 day USD SOFR Average + 0.632%)<sup>(4)</sup> | 01/25/40 |  | 4794479 |  | 4541570 |
|  SLM Student Loan Trust Series 2004-2, Class B<br>5.09% (90 day USD SOFR Average + 0.732%)<sup>(4)</sup> | 07/25/39 |  | 233179 |  | 222680 |
|  SLM Student Loan Trust Series 2005-3, Class B<br>4.77% (90 day USD SOFR Average + 0.412%)<sup>(4)</sup> | 04/25/40 |  | 1600352 |  | 1512041 |
|  SLM Student Loan Trust Series 2006-8, Class B<br>4.85% (90 day USD SOFR Average + 0.492%)<sup>(4)</sup> | 01/25/41 |  | 1677751 |  | 1572876 |
|  SLM Student Loan Trust Series 2007-7, Class B<br>5.37% (90 day USD SOFR Average + 1.012%)<sup>(4)</sup> | 10/27/70 |  | 2195000 |  | 2204012 |
|  SLM Student Loan Trust Series 2007-8, Class B<br>5.62% (90 day USD SOFR Average + 1.262%)<sup>(4)</sup> | 04/27/83 |  | 2648758 |  | 2554148 |
|  SLM Student Loan Trust Series 2008-2, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(4)</sup> | 01/25/83 |  | 1000000 |  | 1025744 |
|  SLM Student Loan Trust Series 2008-3, Class B<br>5.82% (90 day USD SOFR Average + 1.462%)<sup>(4)</sup> | 04/26/83 |  | 710000 |  | 712698 |
|  SLM Student Loan Trust Series 2008-4, Class A4<br>6.27% (90 day USD SOFR Average + 1.912%)<sup>(4)</sup> | 07/25/22 |  | 343198 |  | 344169 |
|  SLM Student Loan Trust Series 2008-4, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 04/25/73 |  | 710000 |  | 753834 |
|  SLM Student Loan Trust Series 2008-5, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/25/73 |  | 7315000 |  | 7441574 |
|  SLM Student Loan Trust Series 2008-6, Class A4<br>5.72% (90 day USD SOFR Average + 1.362%)<sup>(4)</sup> | 07/26/83 |  | 2936438 |  | 2904666 |
|  SLM Student Loan Trust Series 2008-6, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/26/83 |  | 710000 |  | 713308 |
|  SLM Student Loan Trust Series 2008-7, Class B<br>6.47% (90 day USD SOFR Average + 2.112%)<sup>(4)</sup> | 07/26/83 |  | 820000 |  | 830528 |
|  SLM Student Loan Trust Series 2012-1, Class A3<br>5.37% (30 day USD SOFR Average + 1.064%)<sup>(4)</sup> | 09/25/28 |  | 390838 |  | 384227 |
|  SLM Student Loan Trust Series 2012-2, Class A<br>5.12% (30 day USD SOFR Average + 0.814%)<sup>(4)</sup> | 01/25/29 |  | 624040 |  | 610487 |
|  SLM Student Loan Trust Series 2012-7, Class B<br>6.22% (30 day USD SOFR Average + 1.914%)<sup>(4)</sup> | 09/25/43 |  | 2200000 |  | 2164524 |
|  SLM Student Loan Trust Series 2014-1, Class A3<br>5.02% (30 day USD SOFR Average + 0.714%)<sup>(4)</sup> | 02/26/29 |  | 533822 |  | 517898 |
|  Structured Receivables Finance LLC Series 2010-A, Class B<br>7.61%<sup>(1)</sup> | 01/16/46 |  | 1159106 |  | 1171794 |
|  Structured Receivables Finance LLC Series 2010-B, Class B<br>7.97%<sup>(1)</sup> | 08/15/36 |  | 897153 |  | 914338 |
|  Textainer Marine Containers VII Ltd. Series 2020-3A, Class A<br>2.11%<sup>(1)</sup> | 09/20/45 |  | 4939425 |  | 4639084 |
|  TIAA CLO IV Ltd. Series 2018-1A, Class A2R<br>6.02% (3 mo. USD Term SOFR + 1.750%)<sup>(1),(4)</sup> | 01/20/32 |  | 8000000 |  | 8018520 |
|  TIF Funding II LLC Series 2020-1A, Class A<br>2.09%<sup>(1)</sup> | 08/20/45 |  | 2244550 |  | 2110228 |
|  TIF Funding II LLC Series 2021-1A, Class B<br>2.54%<sup>(1)</sup> | 02/20/46 |  | 2546104 |  | 2293528 |
|  Triton Container Finance VIII LLC Series 2021-1A, Class B<br>2.58%<sup>(1)</sup> | 03/20/46 |  | 1957769 |  | 1777114 |
|  Vantage Data Centers Jersey Borrower SPV Ltd. Series 2024-1A, Class A2<br>6.17%<sup>(1)</sup> | 05/28/39 | GBP | 5350000 |  | 7536383 |
|  Wireless PropCo Funding LLC Series 2025-1A, Class C<br>8.51%<sup>(1)</sup> | 06/25/55 |  | 1250000 |  | 1250049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $305,956,927) |  |  |  |  | 275078088 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—22.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—22.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—22.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—22.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—22.1%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY—22.1%** |
|  Federal Home Loan Mortgage Corp., Pool #SD8199<br>2.00% | 03/01/52 |  | 15829956 |  | 12566738 |
|  Federal Home Loan Mortgage Corp., Pool #SD8204<br>2.00% | 04/01/52 |  | 4858013 |  | 3857245 |
|  Federal Home Loan Mortgage Corp., Pool #SD8213<br>3.00% | 05/01/52 |  | 14626232 |  | 12677354 |
|  Federal Home Loan Mortgage Corp., Pool #SD8220<br>3.00% | 06/01/52 |  | 14471764 |  | 12541787 |
|  Federal Home Loan Mortgage Corp., Pool #SD8244<br>4.00% | 09/01/52 |  | 8136683 |  | 7587761 |
|  Federal Home Loan Mortgage Corp., Pool #SD8256<br>4.00% | 10/01/52 |  | 16938824 |  | 15793465 |
|  Federal Home Loan Mortgage Corp., Pool #SD8265<br>4.00% | 11/01/52 |  | 25245500 |  | 23534558 |
|  Federal Home Loan Mortgage Corp., Pool #SD5323<br>4.00% | 01/01/54 |  | 3187581 |  | 2971552 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |
|  Federal Home Loan Mortgage Corp., Pool #SD8275<br>4.50% | 12/01/52 | $30888213 | $29634927 |
|  Federal Home Loan Mortgage Corp., Pool #SD8347<br>4.50% | 08/01/53 | 9998217 | 9577909 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3339, Class JS (I/F)<br>14.12% (-30 day USD SOFR Average + 42.091%)<sup>(4)</sup> | 07/15/37 | 4701 | 6477 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3404, Class AS (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.781%)<sup>(4)</sup> | 01/15/38 | 24588 | 2024 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3439, Class SC (I/O) (I/F)<br>1.48% (-30 day USD SOFR Average + 5.786%)<sup>(4)</sup> | 04/15/38 | 20806 | 1296 |
|  Federal Home Loan Mortgage Corp. REMICS Series 3885 (P/O) (PAC)<br>0.00% <sup>(3)</sup> | 11/15/33 | 6606 | 5489 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4030, Class HS (I/O) (I/F)<br>2.19% (-30 day USD SOFR Average + 6.496%)<sup>(4)</sup> | 04/15/42 | 48335 | 5352 |
|  Federal Home Loan Mortgage Corp. REMICS Series 4993, Class OP (P/O)<br>0.00% | 10/25/58 | 1215582 | 1113684 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5468, Class SE (I/O) (I/F)<br>1.04% (-30 day USD SOFR Average + 5.350%)<sup>(4)</sup> | 10/25/54 | 25395103 | 1989051 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5473, Class SL (I/O) (I/F)<br>1.04% (-30 day USD SOFR Average + 5.350%)<sup>(4)</sup> | 11/25/54 | 42914674 | 2572448 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5496, Class S (I/O) (I/F)<br>1.59% (-30 day USD SOFR Average + 5.900%)<sup>(4)</sup> | 01/25/55 | 29412293 | 2483863 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5512, Class LS (I/O) (I/F)<br>1.59% (-30 day USD SOFR Average + 5.896%)<sup>(4)</sup> | 03/25/55 | 13385235 | 1104724 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5544, Class SD (I/O) (I/F)<br>0.74% (-30 day USD SOFR Average + 5.050%)<sup>(4)</sup> | 06/25/55 | 37028905 | 2418135 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5546, Class AS (I/F)<br>4.04% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 4321624 | 4106812 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5547, Class S (I/F)<br>4.12% (-30 day USD SOFR Average + 10.575%)<sup>(4)</sup> | 06/25/55 | 4406778 | 4178977 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5548, Class S (I/F)<br>4.49% (-30 day USD SOFR Average + 11.667%)<sup>(4)</sup> | 06/25/55 | 4261871 | 4108101 |
|  Federal Home Loan Mortgage Corp. REMICS Series 5549, Class JS (I/F)<br>4.04% (-30 day USD SOFR Average + 10.500%)<sup>(4)</sup> | 06/25/55 | 1451299 | 1378727 |
|  Federal Home Loan Mortgage Corp. STRIPS Series 386, Class C1 (I/O)<br>2.00% | 03/15/52 | 35509256 | 4761513 |
|  Federal National Mortgage Association, Pool #MA4547<br>2.00% | 02/01/52 | 15190124 | 12055738 |
|  Federal National Mortgage Association, Pool #FS1598<br>2.00% | 04/01/52 | 14697375 | 11649749 |
|  Federal National Mortgage Association, Pool #FS8274<br>2.00% | 04/01/52 | 16327120 | 12941552 |
|  Federal National Mortgage Association, Pool #CB0176<br>2.50% | 04/01/51 | 3107880 | 2582370 |
|  Federal National Mortgage Association, Pool #FM8658<br>2.50% | 09/01/51 | 7131964 | 5924917 |
|  Federal National Mortgage Association, Pool #FM9086<br>2.50% | 10/01/51 | 10954696 | 9099822 |
|  Federal National Mortgage Association, Pool #FS6925<br>2.50% | 12/01/51 | 18349609 | 15251680 |
|  Federal National Mortgage Association, Pool #MA4563<br>2.50% | 03/01/52 | 23303210 | 19373341 |
|  Federal National Mortgage Association, Pool #MA4599<br>3.00% | 05/01/52 | 6949205 | 6023256 |
|  Federal National Mortgage Association, Pool #FS6943<br>3.00% | 06/01/52 | 23338642 | 20207509 |
|  Federal National Mortgage Association, Pool #MA4733<br>4.50% | 09/01/52 | 16105706 | 15454709 |
|  Federal National Mortgage Association, Pool #MA4784<br>4.50% | 10/01/52 | 3633818 | 3486657 |
|  Federal National Mortgage Association, Pool #FS9442<br>4.50% | 03/01/53 | 3026350 | 2903556 |
|  Federal National Mortgage Association, Pool #MA5037<br>4.50% | 06/01/53 | 1975918 | 1893160 |
|  Federal National Mortgage Association, Pool #FS7252<br>5.00% | 11/01/53 | 12124204 | 11924283 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C40 (I/O)<br>2.00% | 06/25/51 | 7480766 | 986602 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C41 (I/O)<br>2.00% | 03/25/51 | 28069188 | 3704158 |
|  Federal National Mortgage Association Interest STRIPS Series 426, Class C42 (I/O)<br>2.00% | 11/25/50 | 16208562 | 2108238 |
|  Federal National Mortgage Association Interest STRIPS Series 434, Class C29 (I/O)<br>2.00% | 10/25/52 | 42860657 | 5657171 |
|  Federal National Mortgage Association Interest STRIPS Series 436, Class C32 (I/O)<br>2.00% | 10/25/52 | 14279416 | 1887127 |
|  Federal National Mortgage Association REMICS Series 2006-11, Class PS (I/F) (PAC)<br>8.36% (-30 day USD SOFR Average + 24.147%)<sup>(4)</sup> | 03/25/36 | 7964 | 9279 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |
|  Federal National Mortgage Association REMICS Series 2006-8, Class HJ (I/O) (I/F)<br>2.18% (-30 day USD SOFR Average + 6.486%)<sup>(4)</sup> | 03/25/36 | $338816 | $31461 |
|  Federal National Mortgage Association REMICS Series 2007-52, Class LS (I/O) (I/F)<br>1.63% (-30 day USD SOFR Average + 5.936%)<sup>(4)</sup> | 06/25/37 | 16874 | 1478 |
|  Federal National Mortgage Association REMICS Series 2007-77, Class SK (I/O) (I/F)<br>1.45% (-30 day USD SOFR Average + 5.756%)<sup>(4)</sup> | 08/25/37 | 43022 | 3438 |
|  Federal National Mortgage Association REMICS Series 2007-88, Class JI (I/O) (I/F)<br>2.03% (-30 day USD SOFR Average + 6.336%)<sup>(4)</sup> | 04/25/37 | 366088 | 34475 |
|  Federal National Mortgage Association REMICS Series 2008-18, Class SM (I/O) (I/F)<br>2.58% (-30 day USD SOFR Average + 6.886%)<sup>(4)</sup> | 03/25/38 | 25887 | 2940 |
|  Federal National Mortgage Association REMICS Series 2008-62, Class SN (I/O) (I/F)<br>1.78% (-30 day USD SOFR Average + 6.086%)<sup>(4)</sup> | 07/25/38 | 57974 | 4163 |
|  Federal National Mortgage Association REMICS Series 2010-116, Class SE (I/O) (I/F)<br>2.18% (-30 day USD SOFR Average + 6.486%)<sup>(4)</sup> | 10/25/40 | 19874 | 1729 |
|  Federal National Mortgage Association REMICS Series 2013-5, Class GF<br>5.00% (30 day USD SOFR Average + 1.214%)<sup>(4)</sup> | 10/25/42 | 124529 | 120520 |
|  Federal National Mortgage Association REMICS Series 2014-49, Class CF<br>5.43% (30 day USD SOFR Average + 1.114%)<sup>(4)</sup> | 07/25/43 | 4570881 | 4587033 |
|  Federal National Mortgage Association REMICS Series 2024-98, Class SC (I/O) (I/F)<br>1.64% (-30 day USD SOFR Average + 5.95%)<sup>(4)</sup> | 12/25/54 | 11732642 | 1165587 |
|  Federal National Mortgage Association REMICS Series 2024-98, Class SE (I/O) (I/F)<br>1.67% (-30 day USD SOFR Average + 5.980%)<sup>(4)</sup> | 12/25/54 | 8048678 | 801487 |
|  Government National Mortgage Association, Pool #MA8427<br>4.50% | 11/20/52 | 12379566 | 11956151 |
|  Government National Mortgage Association, Pool #MA9963<br>4.50% | 10/20/54 | 11218093 | 10758044 |
|  Government National Mortgage Association REMICS Series 2011-146, Class EI (I/O) (PAC)<br>5.00% | 11/16/41 | 44932 | 8735 |
|  Government National Mortgage Association REMICS Series 2011-70, Class IL (I/O) (I/F)<br>0.60% (-1 mo. USD Term SOFR + 6.986%)<sup>(4)</sup> | 06/16/37 | 280093 | 5098 |
|  Government National Mortgage Association REMICS Series 2011-81, Class IC (I/O) (I/F)<br>0.62% (-1 mo. USD Term SOFR + 6.606%)<sup>(4)</sup> | 07/20/35 | 310385 | 4859 |
|  Government National Mortgage Association REMICS Series 2013-135, Class CS (I/O) (I/F)<br>1.77% (-1 mo. USD Term SOFR + 6.086%)<sup>(4)</sup> | 09/16/43 | 1098405 | 109192 |
|  Government National Mortgage Association REMICS Series 2017-136 (I/O)<br>5.00% | 09/20/47 | 209072 | 47221 |
|  Government National Mortgage Association REMICS Series 2024-151, Class ES (I/O) (I/F)<br>1.10% (-30 day USD SOFR Average + 5.400%)<sup>(4)</sup> | 09/20/54 | 17784916 | 1253916 |
|  Government National Mortgage Association REMICS Series 2024-154, Class SB (I/O) (I/F)<br>1.10% (-30 day USD SOFR Average + 5.400%)<sup>(4)</sup> | 09/20/54 | 20471617 | 1315119 |
|  Government National Mortgage Association REMICS Series 2024-160, Class KS (I/O) (I/F)<br>1.18% (-30 day USD SOFR Average + 5.480%)<sup>(4)</sup> | 10/20/54 | 22904348 | 1509913 |
|  Government National Mortgage Association REMICS Series 2024-30, Class AF<br>5.55% (30 day USD SOFR Average + 1.250%)<sup>(4)</sup> | 02/20/54 | 885526 | 887294 |
|  Government National Mortgage Association, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(8)</sup> | 05/01/52 | 23225000 | 21593177 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(8)</sup> | 08/01/54 | 15425000 | 14764247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(8)</sup> | 04/01/55 | 32600000 | 32027299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(8)</sup> | 03/01/55 | 41575000 | 41632373 |
|  Uniform Mortgage-Backed Security, TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(8)</sup> | 11/01/51 | 16875000 | 13365051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(8)</sup> | 11/01/51 | 20375000 | 16905413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(8)</sup> | 01/01/52 | 12575000 | 10881481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(8)</sup> | 01/01/52 | 28675000 | 25826354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(8)</sup> | 03/01/52 | 7425000 | 6906100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(8)</sup> | 07/01/54 | 25225000 | 24130449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(8)</sup> | 03/01/55 | 22825000 | 22376203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency** (Cost: $588,668,476) |  |  | 591122843 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—12.4%** |  |  |  |
|  245 Park Avenue Trust Series 2017-245P, Class A<br>3.51%<sup>(1)</sup> | 06/05/37 | 5000000 | 4861178 |
|  245 Park Avenue Trust Series 2017-245P, Class E<br>3.78%<sup>(1),(5)</sup> | 06/05/37 | 5800000 | 5430330 |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class D<br>6.15% (1 mo. USD Term SOFR + 1.836%)<sup>(1),(4)</sup> | 09/15/34 | 5537500 | 5391453 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 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)** |
|  280 Park Avenue Mortgage Trust Series 2017-280P, Class E<br>6.73% (1 mo. USD Term SOFR + 2.419%)<sup>(1),(4)</sup> | 09/15/34 | $5889000 | $5676975 |
|  ACRE Multifamily Housing Mortgage Loan Trust Series 2022-Q018, Class B<br>8.30% (30 day USD SOFR Average + 4.000%)<sup>(1),(4)</sup> | 06/25/27 | 2524703 | 2527606 |
|  AMSR Trust Series 2021-SFR3, Class G<br>3.80%<sup>(1)</sup> | 10/17/38 | 5000000 | 4843642 |
|  AMSR Trust Series 2022-SFR1, Class F<br>6.02%<sup>(1)</sup> | 03/17/39 | 4500000 | 4476644 |
|  AMSR Trust Series 2022-SFR3, Class E1<br>4.00%<sup>(1)</sup> | 10/17/39 | 10000000 | 9659990 |
|  BAMLL Commercial Mortgage Securities Trust Series 2018- PARK, Class A<br>4.23%<sup>(1),(5)</sup> | 08/10/38 | 7845000 | 7634828 |
|  BAMLL Commercial Mortgage Securities Trust Series 2020- BOC, Class X (I/O)<br>0.57%<sup>(1),(5)</sup> | 01/15/32 | 98610000 | 525655 |
|  BBCMS Trust Series 2015-SRCH, Class D<br>5.12%<sup>(1),(5)</sup> | 08/10/35 | 1540000 | 1443464 |
|  BGME Trust Series 2021-VR, Class B<br>3.09%<sup>(1),(5)</sup> | 01/10/43 | 3300000 | 2769695 |
|  BGME Trust Series 2021-VR, Class D<br>3.09%<sup>(1),(5)</sup> | 01/10/43 | 3300000 | 2388432 |
|  Blackstone Industrial Portfolio<br>2.23%<sup>(6)</sup> | 04/09/27 | 2323643 | 2297618 |
|  BX Commercial Mortgage Trust Series 2020-VIVA, Class D<br>3.67%<sup>(1),(5)</sup> | 03/11/44 | 5000000 | 4573089 |
|  BX Trust Series 2019-OC11, Class E<br>4.08%<sup>(1),(5)</sup> | 12/09/41 | 7410000 | 6809185 |
|  BX Trust Series 2021-ARIA, Class G<br>7.57% (1 mo. USD Term SOFR + 3.257%)<sup>(1),(4)</sup> | 10/15/36 | 3000000 | 2979110 |
|  BX Trust Series 2021-LBA, Class EJV<br>6.43% (1 mo. USD Term SOFR + 2.114%)<sup>(1),(4)</sup> | 02/15/36 | 1500000 | 1492040 |
|  BX Trust Series 2022-FOX2, Class E<br>7.27% (1 mo. USD Term SOFR + 2.959%)<sup>(1),(4)</sup> | 04/15/39 | 2583700 | 2577327 |
|  BX Trust Series 2023-LIFE, Class C<br>5.88% <sup>(1)</sup> | 02/15/28 | 4362000 | 4236381 |
|  BX Trust Series 2024-PAT, Class A<br>6.40% (1 mo. USD Term SOFR + 2.090%)<sup>(1),(4)</sup> | 03/15/41 | 5236000 | 5245051 |
|  BX Trust Series 2025-VLT6, Class E<br>7.50% (1 mo. USD Term SOFR + 3.191%)<sup>(1),(4)</sup> | 03/15/42 | 5405000 | 5405199 |
|  BXHPP Trust Series 2021-FILM, Class E<br>6.43% (1 mo. USD Term SOFR + 2.114%)<sup>(1),(4)</sup> | 08/15/36 | 5367000 | 4522243 |
|  CAMB Commercial Mortgage Trust Series 2019-LIFE, Class G<br>7.88% (1 mo. USD Term SOFR + 3.547%)<sup>(1),(4)</sup> | 12/15/37 | 802 | 797 |
|  CD Mortgage Trust Series 2016-CD1, Class XA (I/O)<br>1.47%<sup>(5)</sup> | 08/10/49 | 56506058 | 331442 |
|  CHI Commercial Mortgage Trust Series 2025-SFT, Class D<br>7.57%<sup>(1),(5)</sup> | 04/15/42 | 7232000 | 7380859 |
|  COMM Mortgage Trust Series 2012-CR4, Class XA (I/O)<br>1.29%<sup>(5)</sup> | 10/15/45 | 8525699 | 132287 |
|  CoreVest American Finance Ltd. Series 2019-3, Class XA (I/O)<br>2.16%<sup>(1),(5)</sup> | 10/15/52 | 803413 | 3710 |
|  CoreVest American Finance Ltd. Series 2020-1, Class A2<br>2.30%<sup>(1)</sup> | 03/15/50 | 2661270 | 2509463 |
|  CoreVest American Finance Ltd. Series 2020-4, Class XA (I/O)<br>3.96%<sup>(1),(5)</sup> | 12/15/52 | 9481094 | 101854 |
|  CoreVest American Finance Ltd. Series 2020-4, Class XB (I/O)<br>2.91%<sup>(1),(5)</sup> | 12/15/52 | 12500000 | 539515 |
|  CoreVest American Finance Ltd. Series 2021-3, Class XA (I/O)<br>2.52%<sup>(1),(5)</sup> | 10/15/54 | 53731741 | 1350236 |
|  CRSNT Trust Series 2021-MOON, Class C<br>5.98% (1 mo. USD Term SOFR + 1.664%)<sup>(1),(4)</sup> | 04/15/36 | 3000000 | 2945947 |
|  CSAIL Commercial Mortgage Trust Series 2019-C16, Class XA (I/O)<br>1.69%<sup>(5)</sup> | 06/15/52 | 88227651 | 4311412 |
|  CSMC Trust Series 2021-BPNY, Class A<br>8.14% (1 mo. USD Term SOFR + 3.829%)<sup>(1),(4)</sup> | 08/15/26 | 12253472 | 11498692 |
|  DOLP Trust Series 2021-NYC, Class D<br>3.70%<sup>(1),(5)</sup> | 05/10/41 | 4740000 | 4087434 |
|  DROP Mortgage Trust Series 2021-FILE, Class D<br>7.18% (1 mo. USD Term SOFR + 2.864%)<sup>(1),(4)</sup> | 10/15/43 | 3145000 | 2701888 |
|  FRTKL Group, Inc. Series 2021-SFR1, Class G<br>4.11%<sup>(1)</sup> | 09/17/38 | 9435000 | 8845355 |
|  Grace Trust Series 2020-GRCE, Class A<br>2.35%<sup>(1)</sup> | 12/10/40 | 8000000 | 7036362 |
|  Grace Trust Series 2020-GRCE, Class D<br>2.77%<sup>(1),(5)</sup> | 12/10/40 | 2950000 | 2541415 |
|  GS Mortgage Securities Corp. Trust Series 2023-FUN, Class B<br>7.10% (1 mo. USD Term SOFR + 2.790%)<sup>(1),(4)</sup> | 03/15/28 | 5160000 | 5187343 |
|  GSCG Trust Series 2019-600C, Class G<br>4.12%<sup>(1),(5)</sup> | 09/06/34 | 9212000 | 97693 |
|  Hilton USA Trust Series 2016-HHV, Class F<br>4.33%<sup>(1),(5)</sup> | 11/05/38 | 7840000 | 7556856 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class A<br>3.04%<sup>(1),(5)</sup> | 12/10/41 | 6555000 | 6067107 |
|  Hudson Yards Mortgage Trust Series 2019-55HY, Class F<br>3.04%<sup>(1),(5)</sup> | 12/10/41 | 6891000 | 5838156 |
|  Hudson Yards Mortgage Trust Series 2025-SPRL, Class E<br>6.90%<sup>(1),(5)</sup> | 01/13/40 | 4000000 | 4148500 |
|  Hudson Yards Mortgage Trust Series 2025-SPRL, Class F<br>7.65%<sup>(1),(5)</sup> | 01/13/40 | 3358000 | 3482595 |
|  ILPT Commercial Mortgage Trust Series 2022-LPFX, Class A<br>3.38%<sup>(1)</sup> | 03/15/32 | 11770000 | 10549990 |
|  ILPT Commercial Mortgage Trust Series 2025-LPF2, Class E<br>8.20%<sup>(1),(5)</sup> | 07/15/42 | 4970000 | 5107899 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** | **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)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2022-NLP, Class H<br>9.57% (1 mo. USD Term SOFR + 5.260%)<sup>(1),(4)</sup> | 04/15/37 | $| 5320724 | $| 4638757 |
|  JPMorgan Chase Commercial Mortgage Securities Trust Series 2025-BMS, Class D<br>7.46% (1 mo. USD Term SOFR + 3.150%)<sup>(1),(4)</sup> | 01/15/42 |  | 3129000 |  | 3147725 |
|  KRE Commercial Mortgage Trust Series 2025-AIP4, Class E<br>7.31% (1 mo. USD Term SOFR + 3.000%)<sup>(1),(4)</sup> | 03/15/42 |  | 4126000 |  | 4116050 |
|  Life Mortgage Trust Series 2021-BMR, Class G<br>7.38% (1 mo. USD Term SOFR + 3.064%)<sup>(1),(4)</sup> | 03/15/38 |  | 2952600 |  | 2905009 |
|  MF1 Ltd. Series 2020-FL4, Class B<br>7.18% (1 mo. USD Term SOFR + 2.864%)<sup>(1),(4)</sup> | 12/15/35 |  | 6000000 |  | 6005928 |
|  MF1 Ltd. Series 2020-FL4, Class D<br>8.53% (1 mo. USD Term SOFR + 4.214%)<sup>(1),(4)</sup> | 12/15/35 |  | 4481000 |  | 4486922 |
|  MKT Mortgage Trust Series 2020-525M, Class C<br>3.04%<sup>(1),(5)</sup> | 02/12/40 |  | 4970000 |  | 4026106 |
|  MKT Mortgage Trust Series 2020-525M, Class D<br>3.04%<sup>(1),(5)</sup> | 02/12/40 |  | 7500000 |  | 5872301 |
|  MKT Mortgage Trust Series 2020-525M, Class XA (I/O)<br>0.29%<sup>(1),(5)</sup> | 02/12/40 |  | 147585000 |  | 1303604 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C22, Class XA (I/O)<br>0.78%<sup>(5)</sup> | 04/15/48 |  | 14392405 |  | 210 |
|  Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C24, Class XA (I/O)<br>0.72%<sup>(5)</sup> | 05/15/48 |  | 27251342 |  | 403 |
|  Natixis Commercial Mortgage Securities Trust Series 2018- ALXA, Class E<br>4.46%<sup>(1),(5)</sup> | 01/15/43 |  | 1095000 |  | 918257 |
|  NRTH Mortgage Trust Series 2024-PARK, Class A<br>5.95% (1 mo. USD Term SOFR + 1.641%)<sup>(1),(4)</sup> | 03/15/39 |  | 5335000 |  | 5345586 |
|  NYC Commercial Mortgage Trust Series 2021-909, Class E<br>3.31%<sup>(1),(5)</sup> | 04/10/43 |  | 3000000 |  | 2091221 |
|  One New York Plaza Trust Series 2020-1NYP, Class AJ<br>5.68% (1 mo. USD Term SOFR + 1.364%)<sup>(1),(4)</sup> | 01/15/36 |  | 2630000 |  | 2539495 |
|  PGA Trust Series 2024-RSR2, Class A<br>6.20% (1 mo. USD Term SOFR + 1.891%)<sup>(1),(4)</sup> | 06/15/39 |  | 8873000 |  | 8901711 |
|  Progress Residential Trust Series 2021-SFR10, Class G<br>4.86%<sup>(1)</sup> | 12/17/40 |  | 3407106 |  | 3266397 |
|  Progress Residential Trust Series 2021-SFR11, Class G<br>4.69%<sup>(1)</sup> | 01/17/39 |  | 3000000 |  | 2881823 |
|  Progress Residential Trust Series 2021-SFR3, Class F<br>3.44%<sup>(1)</sup> | 05/17/26 |  | 3700000 |  | 3648950 |
|  Progress Residential Trust Series 2021-SFR3, Class G<br>4.25%<sup>(1)</sup> | 05/17/26 |  | 15752000 |  | 15603898 |
|  Progress Residential Trust Series 2021-SFR8, Class G<br>4.01%<sup>(1)</sup> | 10/17/38 |  | 4886000 |  | 4760029 |
|  RIDE Series 2025-SHRE, Class D<br>6.97%<sup>(1),(5)</sup> | 02/14/47 |  | 2755000 |  | 2811121 |
|  ROCK Trust Series 2024-CNTR, Class E<br>8.82%<sup>(1)</sup> | 11/13/41 |  | 2500000 |  | 2638586 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015- 5AVE, Class A2B 4.14%<sup>(1),(5)</sup> | 01/05/43 |  | 1840000 |  | 1602962 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015- 5AVE, Class C<br>4.53%<sup>(1),(5)</sup> | 01/05/43 |  | 10000000 |  | 8168708 |
|  SFAVE Commercial Mortgage Securities Trust Series 2015- 5AVE, Class D<br>4.53%<sup>(1),(5)</sup> | 01/05/43 |  | 13330000 |  | 10551599 |
|  SMRT Commercial Mortgage Trust Series 2022-MINI, Class F<br>7.66% (1 mo. USD Term SOFR + 3.350%)<sup>(1),(4)</sup> | 01/15/39 |  | 6570000 |  | 6404309 |
|  STWD Trust Series 2021-FLWR, Class F<br>7.10% (1 mo. USD Term SOFR + 2.787%)<sup>(1),(4)</sup> | 07/15/36 |  | 2760000 |  | 2763555 |
|  SWCH Commercial Mortgage Trust Series 2025-DATA, Class E<br>7.65% (1 mo. USD Term SOFR + 3.340%)<sup>(1),(4)</sup> | 02/15/42 |  | 7445000 |  | 7395647 |
|  U.K. Logistics DAC Series 2025-1A, Class E<br>9.90% (1 day GBP SONIA + 5.500%)<sup>(1),(4)</sup> | 05/17/35 | GBP | 1325000 |  | 1825167 |
|  Wells Fargo Commercial Mortgage Trust Series 2016-C33, Class XA (I/O)<br>1.70%<sup>(5)</sup> | 03/15/59 |  | 70511292 |  | 317766 |
|  WFRBS Commercial Mortgage Trust Series 2013-C14, Class XA (I/O)<br>0.46%<sup>(5),(6)</sup> | 06/15/46 |  | 1211190 |  | 10 |
|  WFRBS Commercial Mortgage Trust Series 2014-C23, Class XA (I/O)<br>0.16%<sup>(5)</sup> | 10/15/57 |  | 6691574 |  | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $375,440,823) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $375,440,823) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $375,440,823) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Non-agency** (Cost: $375,440,823) |  | 333061800 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.8%** |
|  Federal Home Loan Mortgage Corp. Multifamily PC REMICS Trust Series 2019-P002,<br>Class X (I/O)<br>1.14%<sup>(5)</sup> | 07/25/33 |  | 14520700 |  | 799166 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K051, Class X3 (I/O)<br>1.68%<sup>(5)</sup> | 10/25/43 |  | 44864939 |  | 129565 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K053, Class X3 (I/O)<br>1.71%<sup>(5)</sup> | 03/25/44 |  | 78150000 |  | 657906 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K054, Class X1 (I/O)<br>1.31%<sup>(5)</sup> | 01/25/26 |  | 45070680 |  | 201349 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K055, Class X3 (I/O)<br>1.70%<sup>(5)</sup> | 04/25/44 |  | 32000000 |  | 377232 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K056, Class X1 (I/O)<br>1.36%<sup>(5)</sup> | 05/25/26 |  | 50231663 |  | 365973 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series K057, Class X1 (I/O)<br>1.28%<sup>(5)</sup> | 07/25/26 |  | 107942136 |  | 939992 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC05, Class X1 (I/O)<br>1.34%<sup>(5)</sup> | 06/25/27 | $75160438 | $1064490 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KC07, Class X1 (I/O)<br>0.85%<sup>(5)</sup> | 09/25/26 | 70177692 | 452386 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KIR1, Class X (I/O)<br>1.15%<sup>(5)</sup> | 03/25/26 | 105922865 | 469620 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KL05, Class X1HG (I/O)<br>1.37%<sup>(5)</sup> | 12/25/27 | 49531000 | 851149 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KS06, Class X (I/O)<br>1.07%<sup>(5)</sup> | 08/25/26 | 51437648 | 228424 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates Series KS07, Class X (I/O)<br>0.71%<sup>(5)</sup> | 09/25/25 | 95737931 | 112004 |
|  Federal National Mortgage Association-ACES Series 2016- M11, Class X2 (ACES) (I/O)<br>3.09%<sup>(5)</sup> | 07/25/39 | 8993363 | 168263 |
|  Federal National Mortgage Association-ACES Series 2016- M2, Class X3 (I/O)<br>2.04%<sup>(5)</sup> | 04/25/36 | 4881421 | 246 |
|  Federal National Mortgage Association-ACES Series 2016- M4, Class X2 (I/O)<br>2.72%<sup>(5)</sup> | 01/25/39 | 16275836 | 607011 |
|  Federal National Mortgage Association-ACES Series 2019- M29, Class X4 (ACES) (I/O)<br>0.70%<sup>(5)</sup> | 03/25/29 | 117375779 | 2385311 |
|  FREMF Mortgage Trust Series 2019-KF71, Class B<br>6.73% (30 day USD SOFR Average + 2.414%)<sup>(1),(4)</sup> | 10/25/29 | 680464 | 636457 |
|  FREMF Mortgage Trust Series 2020-KF75, Class B<br>6.68% (30 day USD SOFR Average + 2.364%)<sup>(1),(4)</sup> | 12/25/29 | 1324573 | 1232305 |
|  FREMF Mortgage Trust Series 2020-KF78, Class C<br>12.30% (30 day USD SOFR Average + 7.984%)<sup>(1),(4)</sup> | 03/25/30 | 3554860 | 3521068 |
|  FREMF Mortgage Trust Series 2020-KF88, Class C<br>13.43% (30 day USD SOFR Average + 9.114%)<sup>(1),(4)</sup> | 09/25/30 | 3249581 | 3292606 |
|  Government National Mortgage Association Series 2011-152 (I/O)<br>0.01%<sup>(5)</sup> | 08/16/51 | 2454907 | 88 |
|  Government National Mortgage Association Series 2012-112 (I/O)<br>0.11%<sup>(5)</sup> | 02/16/53 | 17228858 | 53568 |
|  Government National Mortgage Association Series 2012-78 (I/O)<br>0.07%<sup>(5)</sup> | 06/16/52 | 25132667 | 13072 |
|  Government National Mortgage Association Series 2014-103 (I/O)<br>0.19%<sup>(5)</sup> | 05/16/55 | 13447887 | 66601 |
|  Government National Mortgage Association Series 2014-125 (I/O)<br>0.89%<sup>(5)</sup> | 11/16/54 | 7946429 | 221219 |
|  Government National Mortgage Association Series 2023-127 (I/O)<br>0.40%<sup>(5)</sup> | 07/16/57 | 166845419 | 3000214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-backed Securities—Agency** (Cost: $39,582,044) |  |  | 21847285 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY—27.5%** |  |  |  |
|  ABFC Trust Series 2007-WMC1, Class A1A<br>5.68% (1 mo. USD Term SOFR + 1.364%)<sup>(4)</sup> | 06/25/37 | 14648935 | 10444641 |
|  ABFC Trust Series 2007-WMC1, Class A2B<br>5.43% (1 mo. USD Term SOFR + 1.114%)<sup>(4)</sup> | 06/25/37 | 2654531 | 2213761 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006- HE3, Class A2C<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 06/25/36 | 4115557 | 3052214 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2006- NC3, Class A2C<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 12/25/36 | 50159161 | 12551217 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007- ASP1, Class A1<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 03/25/37 | 26466865 | 11246300 |
|  ACE Securities Corp. Home Equity Loan Trust Series 2007- ASP1, Class A2D<br>5.19% (1 mo. USD Term SOFR + 0.874%)<sup>(4)</sup> | 03/25/37 | 2117698 | 855558 |
|  Adjustable Rate Mortgage Trust Series 2005-4, Class 5A1<br>4.46%<sup>(5)</sup> | 08/25/35 | 1060963 | 851149 |
|  Adjustable Rate Mortgage Trust Series 2007-1, Class 1A1<br>5.54%<sup>(5)</sup> | 03/25/37 | 981758 | 785468 |
|  American Home Mortgage Investment Trust Series 2006-1, Class 11A<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 03/25/46 | 6857408 | 6195412 |
|  American Home Mortgage Investment Trust Series 2006-1, Class 12A<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 03/25/46 | 2125798 | 1888546 |
|  Argent Securities Trust Series 2006-W3, Class A2C<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 04/25/36 | 36469931 | 10689042 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2004-HE9, Class M1<br>5.41% (1 mo. USD Term SOFR + 1.089%)<sup>(4)</sup> | 12/25/34 | 896578 | 840061 |
|  Asset-Backed Securities Corp. Home Equity Loan Trust Series 2006-HE5, Class A5<br>2.97% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 07/25/36 | 4095306 | 4030914 |
|  Banc of America Alternative Loan Trust Series 2003-8, Class 1CB<br>5.50% | 10/25/33 | 286642 | 288900 |
|  Banc of America Funding Corp. Series 2015-R3, Class 6A2<br>4.78%<sup>(1),(5)</sup> | 05/27/36 | 6948835 | 6712639 |
|  Banc of America Funding Trust Series 2006-D, Class 3A1<br>4.91%<sup>(5)</sup> | 05/20/36 | 483540 | 432615 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  Banc of America Mortgage Trust Series 2005-K, Class 2A1<br>5.34%<sup>(5)</sup> | 12/25/35 | $447003 | $411800 |
|  BCAP LLC Trust Series 2007-AA1, Class 2A1<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 03/25/37 | 2087634 | 1887576 |
|  Bear Stearns ALT-A Trust Series 2005-2, Class 2A4<br>3.96%<sup>(5)</sup> | 04/25/35 | 509206 | 464845 |
|  Bear Stearns ALT-A Trust Series 2005-8, Class 11A1<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(4)</sup> | 10/25/35 | 3911947 | 3518867 |
|  Bear Stearns ARM Trust Series 2005-9, Class A1<br>7.08% (1 yr. CMT + 2.300%)<sup>(4)</sup> | 10/25/35 | 662764 | 628615 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2005- AC6, Class 1A3<br>5.50%<sup>(5)</sup> | 09/25/35 | 217837 | 209865 |
|  Bear Stearns Asset-Backed Securities I Trust Series 2006- AC2, Class 21A (PAC)<br>6.00% | 03/25/36 | 6530 | 6530 |
|  Bear Stearns Mortgage Funding Trust Series 2007-AR4, Class 1A1<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 09/25/47 | 3725983 | 3539840 |
|  Bear Stearns Mortgage Funding Trust Series 2007-AR4, Class 2A1<br>4.64% (1 mo. USD Term SOFR + 0.324%)<sup>(4)</sup> | 06/25/37 | 2921248 | 2805370 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2B<br>3.52% | 02/25/37 | 3625521 | 2130478 |
|  C-BASS Mortgage Loan Trust Series 2007-CB2, Class A2C<br>3.52% | 02/25/37 | 867738 | 509912 |
|  C-BASS Mortgage Loan Trust Series 2007-CB3, Class A3<br>3.28% | 03/25/37 | 5016599 | 1767635 |
|  C-BASS Trust Series 2006-CB9, Class A2<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 11/25/36 | 6599502 | 2997819 |
|  C-BASS Trust Series 2007-CB1, Class AF2<br>3.11% | 01/25/37 | 2331738 | 644219 |
|  C-BASS Trust Series 2007-CB5, Class A1<br>3.20% (1 mo. USD Term SOFR + 0.174%)<sup>(4)</sup> | 04/25/37 | 1147669 | 656540 |
|  Carrington Mortgage Loan Trust Series 2006-NC4, Class A4<br>4.67% (1 mo. USD Term SOFR + 0.354%)<sup>(4)</sup> | 10/25/36 | 14364300 | 12239849 |
|  Cascade MH Asset Trust Series 2022-MH1, Class A<br>4.25%<sup>(1)</sup> | 08/25/54 | 5916055 | 5743199 |
|  CFMT LLC Series 2024-NR1, Class A1<br>6.41%<sup>(1)</sup> | 11/25/29 | 8730258 | 8777877 |
|  Chase Mortgage Finance Trust Series 2007-A1, Class 8A1<br>6.79%<sup>(5)</sup> | 02/25/37 | 290486 | 285295 |
|  CHL Mortgage Pass-Through Trust Series 2005-3, Class 1A2<br>5.01% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 04/25/35 | 1930813 | 1840695 |
|  CIM Trust Series 2019-R3, Class A<br>2.63%<sup>(1),(5)</sup> | 06/25/58 | 4366578 | 4083868 |
|  CIM Trust Series 2020-R1, Class A1<br>2.85%<sup>(1),(5)</sup> | 10/27/59 | 8112887 | 7256322 |
|  CIM Trust Series 2020-R3, Class A1A<br>4.00%<sup>(1),(5)</sup> | 01/26/60 | 4504205 | 4342507 |
|  CIM Trust Series 2020-R6, Class A1A<br>2.25%<sup>(1),(5)</sup> | 12/25/60 | 3818487 | 3494778 |
|  CIM Trust Series 2020-R7, Class A1A<br>2.25%<sup>(1),(5)</sup> | 12/27/61 | 5904611 | 5423111 |
|  CIM Trust Series 2021-R3, Class A1B<br>1.95%<sup>(1),(5)</sup> | 06/25/57 | 18287000 | 14933795 |
|  CIM Trust Series 2021-R4, Class A1A<br>2.00%<sup>(1),(5)</sup> | 05/01/61 | 7612675 | 7032809 |
|  CIM Trust Series 2021-R4, Class A1B<br>2.00%<sup>(1),(5)</sup> | 05/01/61 | 10243493 | 8069455 |
|  CIM Trust Series 2021-R5, Class A1A<br>2.00%<sup>(1),(5)</sup> | 08/25/61 | 7120173 | 6193121 |
|  CIM Trust Series 2023-R1, Class A1A<br>5.40%<sup>(1),(5)</sup> | 04/25/62 | 10307109 | 10253034 |
|  CIM Trust Series 2023-R3, Class A1B<br>4.50%<sup>(1),(5)</sup> | 01/25/63 | 11444000 | 8939357 |
|  CIM Trust Series 2025-R1, Class A1<br>5.00%<sup>(1)</sup> | 02/25/99 | 8019981 | 7934945 |
|  Citadel PLC Series 2024-1, Class X<br>8.22% (1 day GBP SONIA + 4.000%)<sup>(4),(9)</sup> | 04/28/60 | 1171062 | 1608718 |
|  Citigroup Mortgage Loan Trust Series 2005-9, Class 1A1<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 11/25/35 | 34921 | 30022 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-HE3, Class A2C<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 12/25/36 | 5737829 | 3868251 |
|  Citigroup Mortgage Loan Trust, Inc. Series 2006-HE3, Class A2D<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(4)</sup> | 12/25/36 | 6132031 | 4136173 |
|  COLT Mortgage Loan Trust Series 2022-7, Class B1<br>6.26%<sup>(1),(5)</sup> | 04/25/67 | 6332000 | 6299910 |
|  Countrywide Alternative Loan Trust Series 2005-74T1, Class A1<br>6.00% | 01/25/36 | 4774462 | 2724744 |
|  Countrywide Alternative Loan Trust Series 2005-76, Class 1A1<br>5.88% (1 yr. MTA + 1.480%)<sup>(4)</sup> | 01/25/36 | 2008336 | 1900479 |
|  Countrywide Alternative Loan Trust Series 2006-HY12, Class A5<br>4.28%<sup>(5)</sup> | 08/25/36 | 1568093 | 1471571 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 2003-AR26, Class 3A1<br>7.35%<sup>(5)</sup> | 11/25/33 | 162593 | 159272 |
|  Credit Suisse First Boston Mortgage Securities Corp. Series 98-1, Class A4<br>6.49% | 09/25/28 | 6904 | 6878 |
|  Credit-Based Asset Servicing & Securitization LLC Series 2006-CB2, Class AF3<br>2.99% | 12/25/36 | 575017 | 467940 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  CSFB Mortgage-Backed Pass-Through Certificates Series 2004-AR5, Class 9A1<br>4.05%<sup>(5)</sup> | 06/25/34 | $22132 | $21490 |
|  CSMC Mortgage-Backed Trust Series 2006-1, Class 1A4<br>5.50% | 02/25/36 | 2260657 | 2039783 |
|  CSMC Mortgage-Backed Trust Series 2006-8, Class 3A1<br>6.00% | 10/25/21 | 20037 | 4915 |
|  CSMC Trust Series 2021-RPL7, Class A1<br>4.20%<sup>(1),(5)</sup> | 07/27/61 | 6093794 | 6044307 |
|  CSMC Trust Series 2022-RPL1, Class PT<br>4.62%<sup>(1),(5)</sup> | 04/25/61 | 9810098 | 8506103 |
|  CSMCM Trust Series 2018-SP3, Class CER<br>4.58%<sup>(1),(5)</sup> | 10/25/58 | 10746272 | 9310889 |
|  CSMCM Trust Series 2022-RPL1, Class CERT<br>4.23%<sup>(1)</sup> | 04/25/61 | 414615 | 344539 |
|  DSLA Mortgage Loan Trust Series 2004-AR4, Class 2A1<br>5.15% (1 mo. USD Term SOFR + 0.834%)<sup>(4)</sup> | 01/19/45 | 380946 | 290413 |
|  DSLA Mortgage Loan Trust Series 2005-AR6, Class 2A1A<br>5.01% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 10/19/45 | 2953258 | 2708429 |
|  DSLA Mortgage Loan Trust Series 2006-AR2, Class 2A1A<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 10/19/36 | 4813644 | 3199624 |
|  DSLA Mortgage Loan Trust Series 2007-AR1, Class 2A1A<br>4.57% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 03/19/37 | 1009256 | 831524 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-HRP1, Class B1<br>13.67% (30 day USD SOFR Average + 9.364%)<sup>(1),(4)</sup> | 11/25/39 | 4100000 | 4425940 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2019-R06, Class 2B1<br>8.17% (30 day USD SOFR Average + 3.864%)<sup>(1),(4)</sup> | 09/25/39 | 4772607 | 4891349 |
|  Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2021-R03, Class 1B2<br>9.81% (30 day USD SOFR Average + 5.500%)<sup>(1),(4)</sup> | 12/25/41 | 4000000 | 4171711 |
|  First Franklin Mortgage Loan Trust Series 2006-FF13, Class A2C<br>4.75% (1 mo. USD Term SOFR + 0.434%)<sup>(4)</sup> | 10/25/36 | 10901845 | 7132836 |
|  First Franklin Mortgage Loan Trust Series 2006-FF18, Class A2D<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 12/25/37 | 606967 | 555492 |
|  First Franklin Mortgage Loan Trust Series 2006-FF5, Class M1<br>4.84% (1 mo. USD Term SOFR + 0.519%)<sup>(4)</sup> | 04/25/36 | 3860000 | 3001871 |
|  First Franklin Mortgage Loan Trust Series 2006-FF9, Class 2A4<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 06/25/36 | 10218000 | 9412024 |
|  First Franklin Mortgage Loan Trust Series 2007-FF1, Class A2D<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 01/25/38 | 3535498 | 1925342 |
|  First Franklin Mortgage Loan Trust Series 2007-FF2, Class A2B<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 03/25/37 | 488578 | 230848 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A1<br>5.15%<sup>(5)</sup> | 09/25/34 | 68738 | 70078 |
|  First Horizon Alternative Mortgage Securities Trust Series 2004-AA3, Class A3<br>5.15%<sup>(5)</sup> | 09/25/34 | 105697 | 107759 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA10, Class 1A1<br>5.24%<sup>(5)</sup> | 12/25/35 | 571208 | 472369 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA12, Class 2A1<br>4.94%<sup>(5)</sup> | 02/25/36 | 740414 | 455195 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA3, Class 3A1<br>5.72%<sup>(5)</sup> | 05/25/35 | 640354 | 602543 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA7, Class 2A1<br>5.20%<sup>(5)</sup> | 09/25/35 | 885808 | 789135 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA8, Class 2A1<br>5.11%<sup>(5)</sup> | 10/25/35 | 1263057 | 710666 |
|  First Horizon Alternative Mortgage Securities Trust Series 2005-AA9, Class 2A1<br>5.34%<sup>(5)</sup> | 11/25/35 | 693802 | 603903 |
|  First Horizon Mortgage Pass-Through Trust Series 2005- AR4, Class 1A1<br>4.14%<sup>(5)</sup> | 09/25/35 | 1158893 | 750728 |
|  First Horizon Mortgage Pass-Through Trust Series 2005- AR5, Class 2A1<br>6.37%<sup>(5)</sup> | 11/25/35 | 466685 | 362060 |
|  First Horizon Mortgage Pass-Through Trust Series 2007- AR2, Class 1A2<br>6.85%<sup>(5)</sup> | 08/25/37 | 46501 | 10393 |
|  GMACM Mortgage Loan Trust Series 2005-AR5, Class 3A1<br>4.84%<sup>(5)</sup> | 09/19/35 | 789546 | 648905 |
|  GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1<br>3.94%<sup>(5)</sup> | 04/19/36 | 2312692 | 1920486 |
|  GreenPoint Manufactured Housing Series 2000-1, Class A4<br>8.14%<sup>(5)</sup> | 03/20/30 | 3489052 | 2018535 |
|  GreenPoint Mortgage Funding Trust Series 2007-AR1, Class 2A1<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 03/25/47 | 7105126 | 6616629 |
|  GSAMP Trust Series 2007-FM2, Class A1<br>4.57% (1 mo. USD Term SOFR + 0.254%)<sup>(4)</sup> | 01/25/37 | 15945843 | 9719867 |
|  GSR Mortgage Loan Trust Series 2005-7F, Class 3A3 (I/O) (I/F)<br>1.07% (-1 mo. USD Term SOFR + 5.386%)<sup>(4)</sup> | 09/25/35 | 8206 | 445 |
|  GSR Mortgage Loan Trust Series 2005-AR4, Class 5A1<br>5.62%<sup>(5)</sup> | 07/25/35 | 245167 | 235824 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  GSR Mortgage Loan Trust Series 2006-AR2, Class 2A1<br>4.54%<sup>(5)</sup> | 04/25/36 | $134399 | $81896 |
|  HarborView Mortgage Loan Trust Series 2005-10, Class 2A1<br>5.05% (1 mo. USD Term SOFR + 0.734%)<sup>(4)</sup> | 11/19/35 | 756027 | 490766 |
|  HarborView Mortgage Loan Trust Series 2006-7, Class 1A<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 09/19/46 | 7367723 | 6253016 |
|  HarborView Mortgage Loan Trust Series 2007-6, Class 1A1<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 08/19/37 | 8267536 | 6998958 |
|  HSI Asset Securitization Corp. Trust Series 2005-OPT1, Class M1<br>5.06% (1 mo. USD Term SOFR + 0.744%)<sup>(4)</sup> | 11/25/35 | 185563 | 184722 |
|  HSI Asset Securitization Corp. Trust Series 2006-HE1, Class 1A1<br>4.71% (1 mo. USD Term SOFR + 0.394%)<sup>(4)</sup> | 10/25/36 | 10349271 | 2825380 |
|  HSI Asset Securitization Corp. Trust Series 2006-HE2, Class 1A<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 12/25/36 | 24685932 | 9257879 |
|  HSI Asset Securitization Corp. Trust Series 2006-WMC1, Class A1<br>4.53% (1 mo. USD Term SOFR + 0.214%)<sup>(4)</sup> | 07/25/36 | 9510496 | 4087086 |
|  HSI Asset Securitization Corp. Trust Series 2006-WMC1, Class A2<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 07/25/36 | 10526287 | 4549116 |
|  HSI Asset Securitization Corp. Trust Series 2006-WMC1, Class A4<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 07/25/36 | 9204745 | 4028874 |
|  Impac CMB Trust Series 2005-2, Class 1A1<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 04/25/35 | 1228228 | 1206737 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR14, Class 1A1<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(4)</sup> | 07/25/35 | 7146149 | 5191515 |
|  IndyMac INDX Mortgage Loan Trust Series 2005-AR19, Class A1<br>3.68%<sup>(5)</sup> | 10/25/35 | 1591494 | 1288947 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR27, Class 1A3<br>4.97% (1 mo. USD Term SOFR + 0.654%)<sup>(4)</sup> | 10/25/36 | 4563972 | 1784145 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR4, Class A2A<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 05/25/46 | 8609884 | 8273445 |
|  IndyMac INDX Mortgage Loan Trust Series 2006-AR9, Class 3A3<br>3.45%<sup>(5)</sup> | 06/25/36 | 2471878 | 2145476 |
|  IndyMac INDX Mortgage Loan Trust Series 2007-FLX4, Class 2A1<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 07/25/37 | 10059612 | 9241907 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WMC4, Class A1A<br>4.69% (1 mo. USD Term SOFR + 0.374%)<sup>(4)</sup> | 12/25/36 | 6325343 | 3966045 |
|  JPMorgan Mortgage Acquisition Corp. Series 2006-WMC4, Class A4<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 12/25/36 | 8197745 | 4272069 |
|  JPMorgan Mortgage Trust Series 2006-A3, Class 2A1<br>5.20%<sup>(5)</sup> | 05/25/36 | 13814 | 11703 |
|  Lehman XS Trust Series 2005-5N, Class 3A1<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 11/25/35 | 181493 | 180869 |
|  Lehman XS Trust Series 2006-17, Class 1A3<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 08/25/46 | 10283293 | 9346794 |
|  Lehman XS Trust Series 2006-GP2, Class 1A5<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 06/25/46 | 2947113 | 2827913 |
|  Lehman XS Trust Series 2007-18N, Class 1A1<br>6.13% (1 mo. USD Term SOFR + 1.814%)<sup>(4)</sup> | 10/25/37 | 2313851 | 2154519 |
|  Long Beach Mortgage Loan Trust Series 2006-2, Class 1A<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 03/25/46 | 5074237 | 3972912 |
|  Long Beach Mortgage Loan Trust Series 2006-9, Class 2A2<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 10/25/36 | 46836294 | 14549465 |
|  MASTR Adjustable Rate Mortgages Trust Series 2003-7, Class 3A1<br>6.84%<sup>(5)</sup> | 11/25/33 | 64457 | 64241 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-15, Class 8A1<br>5.58%<sup>(5)</sup> | 10/25/34 | 25065 | 25126 |
|  MASTR Adjustable Rate Mortgages Trust Series 2004-3, Class 3A3<br>5.63%<sup>(5)</sup> | 04/25/34 | 18354 | 17853 |
|  MASTR Adjustable Rate Mortgages Trust Series 2006-OA2, Class 1A1<br>5.20% (1 yr. MTA + 0.800%)<sup>(4)</sup> | 12/25/46 | 14404127 | 10729524 |
|  MASTR Asset-Backed Securities Trust Series 2006-WMC1, Class A3<br>4.79% (1 mo. USD Term SOFR + 0.474%)<sup>(4)</sup> | 02/25/36 | 15170835 | 5126356 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  MASTR Asset-Backed Securities Trust Series 2007-HE1, Class A4<br>4.99% (1 mo. USD Term SOFR + 0.674%)<sup>(4)</sup> | 05/25/37 | $3150000 | $2670307 |
|  MASTR Asset-Backed Securities Trust Series 2007-WMC1, Class A2<br>4.53% (1 mo. USD Term SOFR + 0.214%)<sup>(4)</sup> | 01/25/37 | 15512462 | 4388029 |
|  Merrill Lynch Alternative Note Asset Trust Series 2007- OAR2, Class A2<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 04/25/37 | 5764831 | 4533255 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-1, Class A2C<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 04/25/37 | 15405312 | 5924976 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-4, Class 2A4<br>4.93% (1 mo. USD Term SOFR + 0.614%)<sup>(4)</sup> | 07/25/37 | 344822 | 344756 |
|  Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-5, Class 1A<br>5.28% (1 mo. USD Term SOFR + 0.964%)<sup>(4)</sup> | 10/25/37 | 20360161 | 12335293 |
|  Merrill Lynch Mortgage Investors Trust Series 2003-A6, Class 2A<br>7.62%<sup>(5)</sup> | 10/25/33 | 52478 | 51304 |
|  Merrill Lynch Mortgage-Backed Securities Trust Series 2007-2, Class 1A1<br>6.53% (1 yr. CMT + 2.400%)<sup>(4)</sup> | 08/25/36 | 471530 | 403598 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A3<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 06/25/36 | 8208698 | 4081941 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2006-HE4, Class A4<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 06/25/36 | 8756827 | 4376444 |
|  Morgan Stanley ABS Capital I, Inc. Trust Series 2007-NC3, Class A2C<br>4.62% (1 mo. USD Term SOFR + 0.304%)<sup>(4)</sup> | 05/25/37 | 18301760 | 14081839 |
|  Morgan Stanley Capital I, Inc. Trust Series 2006-NC2, Class A2D<br>5.01% (1 mo. USD Term SOFR + 0.694%)<sup>(4)</sup> | 02/25/36 | 301619 | 299984 |
|  Morgan Stanley Home Equity Loan Trust Series 2006-3, Class A4<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 04/25/36 | 10422454 | 7263368 |
|  Morgan Stanley Mortgage Loan Trust Series 2004-7AR, Class 2A4<br>5.30%<sup>(5)</sup> | 09/25/34 | 91233 | 89203 |
|  Morgan Stanley Mortgage Loan Trust Series 2006-2, Class 1A<br>5.25% | 02/25/49 | 32621 | 29605 |
|  MortgageIT Trust Series 2005-2, Class 2A<br>6.09% (1 mo. USD Term SOFR + 1.764%)<sup>(4)</sup> | 05/25/35 | 429868 | 409846 |
|  New York Mortgage Trust Series 2005-3, Class A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 02/25/36 | 89725 | 89298 |
|  NLT Trust Series 2021-INV2, Class A3<br>1.52%<sup>(1),(5)</sup> | 08/25/56 | 5961215 | 5233603 |
|  Nomura Asset Acceptance Corp. Alternative Loan Trust Series 2005-AR4, Class 4A1<br>4.36%<sup>(5)</sup> | 08/25/35 | 787696 | 740114 |
|  Oakwood Mortgage Investors, Inc. Series 2000-A, Class A5<br>8.16%<sup>(5)</sup> | 09/15/29 | 10211723 | 1386920 |
|  Option One Mortgage Loan Trust Series 2007-4, Class 2A2<br>4.61% (1 mo. USD Term SOFR + 0.294%)<sup>(4)</sup> | 04/25/37 | 11629221 | 6593460 |
|  Option One Mortgage Loan Trust Series 2007-5, Class 2A2<br>4.60% (1 mo. USD Term SOFR + 0.284%)<sup>(4)</sup> | 05/25/37 | 16667061 | 8942340 |
|  Ownit Mortgage Loan Trust Series 2006-2, Class A1<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 01/25/37 | 1934072 | 1889883 |
|  PHH Alternative Mortgage Trust Series 2007-2, Class 1A4<br>5.03% (1 mo. USD Term SOFR + 0.714%)<sup>(4)</sup> | 05/25/37 | 4666233 | 4162654 |
|  Popular ABS Mortgage Pass-Through Trust Series 2007-A, Class A3<br>4.74% (1 mo. USD Term SOFR + 0.424%)<sup>(4)</sup> | 06/25/47 | 3721990 | 3472258 |
|  PRET LLC Series 2022-RN1, Class A1<br>6.72%<sup>(1)</sup> | 07/25/51 | 11801724 | 11816946 |
|  PRET LLC Series 2022-RN2, Class A2<br>6.50%<sup>(1)</sup> | 06/25/52 | 16833000 | 16851286 |
|  PRET LLC Series 2025-NPL4, Class A1<br>6.37%<sup>(1)</sup> | 04/25/55 | 4962296 | 4991314 |
|  PRET LLC Series 2025-NPL6, Class A1<br>5.74%<sup>(1)</sup> | 06/25/55 | 5000000 | 5012841 |
|  PRET Trust Series 2025-NPL1, Class A1<br>6.06%<sup>(1)</sup> | 02/25/55 | 7266694 | 7295300 |
|  PRPM LLC Series 2024-RPL1, Class M1<br>4.10%<sup>(1),(5)</sup> | 12/25/64 | 6782000 | 6446095 |
|  PRPM Trust Series 2023-NQM3, Class B2<br>7.45%<sup>(1),(5)</sup> | 11/25/68 | 2350000 | 2324439 |
|  RAAC Trust Series 2005-SP1, Class 4A1<br>7.00% | 09/25/34 | 19702 | 19721 |
|  RALI Trust Series 2005-QA13, Class 2A1<br>5.31%<sup>(5)</sup> | 12/25/35 | 1115846 | 984501 |
|  RALI Trust Series 2005-QA7, Class A21<br>5.44%<sup>(5)</sup> | 07/25/35 | 332915 | 313892 |
|  RALI Trust Series 2005-QA8, Class CB21<br>5.27%<sup>(5)</sup> | 07/25/35 | 446348 | 230286 |
|  RALI Trust Series 2006-QS13, Class 2A1<br>5.75% | 11/25/61 | 2239 | 1339 |
|  RALI Trust Series 2006-QS16, Class A6<br>6.00% | 11/25/36 | 280691 | 223152 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |  |
|  RALI Trust Series 2007-QA3, Class A1<br>4.63% (1 mo. USD Term SOFR + 0.314%)<sup>(4)</sup> | 05/25/37 | $12264905 | $11066367 |
|  RALI Trust Series 2007-QH6, Class A1<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(4)</sup> | 07/25/37 | 5979964 | 5600312 |
|  RALI Trust Series 2007-QS1, Class 2AV (I/O)<br>0.17%<sup>(5)</sup> | 01/25/37 | 1186636 | 6069 |
|  Residential Asset Securitization Trust Series 2006-A9CB, Class A9 (PAC)<br>6.00% | 09/25/36 | 4926874 | 1385014 |
|  RFMSI Trust Series 2007-SA2, Class 1A<br>5.00%<sup>(5)</sup> | 04/25/37 | 182742 | 94307 |
|  Saxon Asset Securities Trust Series 2007-2, Class A2C<br>4.67% (1 mo. USD Term SOFR + 0.354%)<sup>(4)</sup> | 05/25/47 | 11390133 | 8311546 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-CB1, Class AF4<br>2.84% | 01/25/36 | 3244737 | 2776280 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2006-WM4, Class A1<br>4.81% (1 mo. USD Term SOFR + 0.494%)<sup>(1),(4)</sup> | 11/25/36 | 7968532 | 3588912 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR2, Class A2<br>4.89% (1 mo. USD Term SOFR + 0.574%)<sup>(4)</sup> | 02/25/37 | 5409908 | 2391365 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-BR4, Class A2B<br>4.83% (1 mo. USD Term SOFR + 0.514%)<sup>(4)</sup> | 05/25/37 | 8490281 | 5152526 |
|  Securitized Asset-Backed Receivables LLC Trust Series 2007-NC1, Class A2B<br>4.73% (1 mo. USD Term SOFR + 0.414%)<sup>(4)</sup> | 12/25/36 | 5008976 | 2443816 |
|  Soundview Home Loan Trust Series 2007-OPT1, Class 2A3<br>4.64% (1 mo. USD Term SOFR + 0.324%)<sup>(4)</sup> | 06/25/37 | 16221334 | 10679657 |
|  Soundview Home Loan Trust Series 2007-WMC1, Class 3A3<br>4.95% (1 mo. USD Term SOFR + 0.634%)<sup>(4)</sup> | 02/25/37 | 924582 | 248725 |
|  Specialty Underwriting & Residential Finance Trust Series 2007-BC2, Class A1<br>4.66% (1 mo. USD Term SOFR + 0.344%)<sup>(4)</sup> | 04/25/37 | 17483600 | 12744427 |
|  STARM Mortgage Loan Trust Series 2007-4, Class 3A1<br>4.98%<sup>(5)</sup> | 10/25/37 | 593158 | 529116 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-12, Class 2A<br>5.07%<sup>(5)</sup> | 09/25/34 | 168013 | 164492 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2004-2, Class 4A2<br>5.35%<sup>(5)</sup> | 03/25/34 | 469287 | 449575 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-12, Class 3A1<br>5.01%<sup>(5)</sup> | 06/25/35 | 161303 | 137559 |
|  Structured Adjustable Rate Mortgage Loan Trust Series 2005-7, Class 1A3<br>4.52%<sup>(5)</sup> | 04/25/35 | 1517836 | 1385526 |
|  Structured Asset Investment Loan Trust Series 2004-6, Class A3<br>5.23% (1 mo. USD Term SOFR + 0.914%)<sup>(4)</sup> | 07/25/34 | 5353702 | 5544247 |
|  Structured Asset Mortgage Investments II Trust Series 2006- AR5, Class 1A1<br>4.85% (1 mo. USD Term SOFR + 0.534%)<sup>(4)</sup> | 05/25/36 | 169003 | 117935 |
|  Structured Asset Mortgage Investments II Trust Series 2006- AR7, Class A1B<br>4.55% (1 mo. USD Term SOFR + 0.234%)<sup>(4)</sup> | 08/25/36 | 5225071 | 4606499 |
|  Structured Asset Securities Corp. Mortgage Loan Trust Series 2005-2XS, Class 2A2<br>5.94% (1 mo. USD Term SOFR + 1.614%)<sup>(4)</sup> | 02/25/35 | 5236 | 6319 |
|  Structured Asset Securities Corp. Mortgage Loan Trust Series 2005-4XS, Class 2A1<br>6.19% (1 mo. USD Term SOFR + 1.864%)<sup>(4)</sup> | 03/25/35 | 608382 | 591342 |
|  Towd Point Mortgage Trust Series 2017-4, Class B1<br>3.66%<sup>(1),(5)</sup> | 06/25/57 | 8650000 | 7488274 |
|  Towd Point Mortgage Trust Series 2019-1, Class B1<br>3.79%<sup>(1),(5)</sup> | 03/25/58 | 7087000 | 5588248 |
|  Verus Securitization Trust Series 2022-INV1, Class B1<br>5.79%<sup>(1),(5)</sup> | 08/25/67 | 4540000 | 4451114 |
|  Visio Trust Series 2023-2, Class B1<br>7.72%<sup>(1),(5)</sup> | 10/25/58 | 6088000 | 6081024 |
|  VOLT XCIV LLC Series 2021-NPL3, Class A1<br>6.24%<sup>(1)</sup> | 02/27/51 | 920817 | 921122 |
|  WaMu Asset-Backed Certificates WaMu Trust Series 2007- HE1, Class 2A2<br>4.65% (1 mo. USD Term SOFR + 0.334%)<sup>(4)</sup> | 01/25/37 | 4757825 | 2160580 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR13, Class A1A<br>5.15% (1 mo. USD Term SOFR + 0.834%)<sup>(4)</sup> | 11/25/34 | 73145 | 71317 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2004-AR14, Class A1<br>5.32%<sup>(5)</sup> | 01/25/35 | 249169 | 234585 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR14, Class 2A1<br>5.13%<sup>(5)</sup> | 12/25/35 | 7935 | 7373 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR16, Class 1A3<br>4.69%<sup>(5)</sup> | 12/25/35 | 656914 | 605991 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** | **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)** |  |  |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2005-AR2, Class 2A2<br>5.09% (1 mo. USD Term SOFR + 0.774%)<sup>(4)</sup> | 01/25/45 | $| 217020 | $| 215954 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR3, Class A1A<br>5.40% (1 yr. MTA + 1.000%)<sup>(4)</sup> | 02/25/46 |  | 2687076 |  | 2456092 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR4, Class 1A1<br>4.29% (1 yr. MTA + 0.940%)<sup>(4)</sup> | 05/25/46 |  | 1143870 |  | 1072138 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2006-AR7, Class 2A<br>5.38% (1 yr. MTA + 0.980%)<sup>(4)</sup> | 07/25/46 |  | 2206296 |  | 2074140 |
|  WaMu Mortgage Pass-Through Certificates Trust Series 2007-HY3, Class 1A1<br>3.83%<sup>(5)</sup> | 03/25/37 |  | 1297862 |  | 1091064 |
|  Washington Mutual Asset-Backed Certificates WMABS Trust Series 2007-HE2, Class 2A2<br>4.87% (1 mo. USD Term SOFR + 0.554%)<sup>(4)</sup> | 02/25/37 |  | 27268493 |  | 8568884 |
|  Washington Mutual Mortgage Pass-Through Certificates WMALT Trust Series 2007-OC1, Class A1<br>4.91% (1 mo. USD Term SOFR + 0.594%)<sup>(4)</sup> | 01/25/47 |  | 3793709 |  | 3355032 |
|  Wells Fargo Alternative Loan Trust Series 2007-PA5, Class 1A1<br>6.25% | 11/25/37 |  | 1007606 |  | 906705 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust Series 2007-1, Class A3<br>5.07% (1 mo. USD Term SOFR + 0.754%)<sup>(4)</sup> | 03/25/37 |  | 4690000 |  | 4402798 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006- AR14, Class 2A1<br>7.38%<sup>(5)</sup> | 10/25/36 |  | 202294 |  | 187117 |
|  Wells Fargo Mortgage-Backed Securities Trust Series 2006- AR4, Class 1A1<br>6.29%<sup>(5)</sup> | 04/25/36 |  | 53325 |  | 52584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $929,117,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $929,117,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $929,117,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Non-agency** (Cost: $929,117,357) |  | 737375985 |
|  **CORPORATE BONDS—19.6%** | **CORPORATE BONDS—19.6%** | **CORPORATE BONDS—19.6%** | **CORPORATE BONDS—19.6%** | **CORPORATE BONDS—19.6%** | **CORPORATE BONDS—19.6%** |
|  **Aerospace/Defense—0.4%** |  |  |  |  |  |
|  General Electric Co.<br>5.07% (3 mo. USD Term SOFR + 0.742%)<sup>(4)</sup> | 08/15/36 |  | 10370000 |  | 9731104 |
|  **Agriculture—0.4%** |  |  |  |  |  |
|  Altria Group, Inc.<br>4.88% | 02/04/28 |  | 2195000 |  | 2225664 |
|  Imperial Brands Finance PLC (United Kingdom)<br>4.50%<sup>(1)</sup> | 06/30/28 |  | 6815000 |  | 6814932 |
|  Philip Morris International, Inc.<br>2.75% | 06/06/29 | EUR | 1335000 |  | 1556151 |
|  |  |  |  |  | 10596747 |
|  **Airlines—0.1%** |  |  |  |  |  |
|  American Airlines Pass-Through Trust Series 2015-2, Class AA<br>3.60% | 03/22/29 |  | 1626771 |  | 1581124 |
|  **Auto Manufacturers—0.3%** |  |  |  |  |  |
|  Volkswagen Financial Services AG (Germany)<br>3.88%<sup>(9)</sup> | 11/19/31 | EUR | 3500000 |  | 4128029 |
|  Volkswagen Group of America Finance LLC (Germany) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%<sup>(1)</sup> | 03/25/32 |  | 275000 |  | 279788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%<sup>(1)</sup> | 03/27/35 |  | 965000 |  | 972209 |
|  Volkswagen International Finance NV (Germany)<br>7.88% (9 yr. EUR Swap + 4.783%)<sup>(4),(9),(10)</sup> | 09/06/32 | EUR | 2100000 |  | 2790327 |
|  |  |  |  |  | 8170353 |
|  **Banks—4.5%** |  |  |  |  |  |
|  Bank of America Corp. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (1 day USD SOFR + 0.910%)<sup>(4)</sup> | 03/11/27 |  | 8934000 |  | 8765326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (1 day USD SOFR + 1.370%)<sup>(4)</sup> | 10/24/31 |  | 7570000 |  | 6605355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09% (1 day USD SOFR + 1.060%)<sup>(4)</sup> | 06/14/29 |  | 7044000 |  | 6603820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (1 day USD SOFR + 1.220%)<sup>(4)</sup> | 03/11/32 |  | 130000 |  | 116749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69% (1 day USD SOFR + 1.320%)<sup>(4)</sup> | 04/22/32 |  | 2145000 |  | 1927197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% (5 yr. CMT + 2.760%)<sup>(4),(10)</sup> | 01/27/27 |  | 2340000 |  | 2301811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.24% (3 mo. USD Term SOFR + 0.912%)<sup>(4)</sup> | 12/01/26 |  | 4400000 |  | 4395424 |
|  Citibank NA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91% | 05/29/30 |  | 5350000 |  | 5454057 |
|  Citigroup, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56% (1 day USD SOFR + 1.167%)<sup>(4)</sup> | 05/01/32 |  | 4095000 |  | 3629439 |
|  Goldman Sachs Group, Inc. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.09% (1 day USD SOFR + 0.789%)<sup>(4)</sup> | 12/09/26 |  | 16885000 |  | 16625140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (1 day USD SOFR + 0.913%)<sup>(4)</sup> | 10/21/27 |  | 4295000 |  | 4160524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% (1 day USD SOFR + 1.248%)<sup>(4)</sup> | 07/21/32 |  | 1530000 |  | 1337174 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (1 day USD SOFR + 1.264%)<sup>(4)</sup> | 10/21/32 |  | 1820000 |  | 1607570 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.54% (1 day USD SOFR + 1.380%)<sup>(4)</sup> | 01/28/36 |  | 550000 |  | 564388 |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76% (1 day USD SOFR + 2.110%)<sup>(4)</sup> | 06/09/28 |  | 960000 |  | 963763 |
|  JPMorgan Chase & Co. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.05% (1 day USD SOFR + 0.800%)<sup>(4)</sup> | 11/19/26 |  | 805000 |  | 794149 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (1 day USD SOFR + 0.885%)<sup>(4)</sup> | 04/22/27 |  | 10250000 |  | 10014557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.07% (1 day USD SOFR + 1.015%)<sup>(4)</sup> | 06/01/29 |  | 4005000 |  | 3759133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (1 day USD SOFR + 1.180%)<sup>(4)</sup> | 11/08/32 |  | 2625000 |  | 2312730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% (1 day USD SOFR + 1.340%)<sup>(4)</sup> | 10/22/35 |  | 1960000 |  | 1941243 |
|  Morgan Stanley |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (1 day USD SOFR + 1.034%)<sup>(4)</sup> | 02/13/32 |  | 795000 |  | 680504 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51% (1 day USD SOFR + 1.200%)<sup>(4)</sup> | 10/20/32 | $2195000 | $1923522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94% (1 day USD SOFR + 1.290%)<sup>(4)</sup> | 01/21/33 | 2805000 | 2505089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77% (3 mo. USD Term SOFR + 1.402%)<sup>(4)</sup> | 01/24/29 | 2160000 | 2127967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59% (1 day USD SOFR + 1.418%)<sup>(4)</sup> | 01/18/36 | 2685000 | 2763107 |
|  PNC Financial Services Group, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40% (5 yr. CMT + 2.595%)<sup>(4),(10)</sup> | 09/15/26 | 1980000 | 1917234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% (1 day USD SOFR + 2.284%)<sup>(4)</sup> | 10/20/34 | 1585000 | 1773457 |
|  Santander U.K. Group Holdings PLC (United Kingdom)<br>1.67% (1 day USD SOFR + 0.989%)<sup>(4)</sup> | 06/14/27 | 1630000 | 1583366 |
|  U.S. Bancorp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.84% (1 day USD SOFR + 1.600%)<sup>(4)</sup> | 02/01/34 | 1175000 | 1161629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.68% (1 day USD SOFR + 1.860%)<sup>(4)</sup> | 01/23/35 | 100000 | 103929 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (3 mo. USD Term SOFR + 1.262%)<sup>(4)</sup> | 02/11/31 | 1406000 | 1288219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21% (1 day USD SOFR + 1.380%)<sup>(4)</sup> | 12/03/35 | 480000 | 482194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% (1 day USD SOFR + 1.780%)<sup>(4)</sup> | 01/23/35 | 70000 | 71833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.57% (1 day USD SOFR + 1.740%)<sup>(4)</sup> | 07/25/29 | 18960000 | 19581509 |
|  |  |  | 121843108 |
|  **Beverages—0.2%** |  |  |  |
|  Bacardi Ltd.<br>5.15%<sup>(1)</sup> | 05/15/38 | 1500000 | 1380585 |
|  Becle SAB de CV (Mexico)<br>2.50%<sup>(1)</sup> | 10/14/31 | 4450000 | 3688516 |
|  |  |  | 5069101 |
|  **Chemicals—0.3%** |  |  |  |
|  FIS Fabbrica Italiana Sintetici SpA (Italy)<br>5.63%<sup>(9)</sup> | 08/01/27 | 400000 | 473611 |
|  International Flavors & Fragrances, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%<sup>(1)</sup> | 11/01/30 | 7835000 | 6932094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27%<sup>(1)</sup> | 11/15/40 | 130000 | 95507 |
|  |  |  | 7501212 |
|  **Commercial Services—0.4%** |  |  |  |
|  AA Bond Co. Ltd. (United Kingdom)<br>8.45%<sup>(9)</sup> | 07/31/50 | 775000 | 1131626 |
|  Albion Financing 1 SARL/Aggreko Holdings, Inc. (Luxemburg)<br>7.00%<sup>(1)</sup> | 05/21/30 | 818000 | 837567 |
|  Grand Canyon University<br>5.13% | 10/01/28 | 1450000 | 1406964 |
|  OT Midco Ltd.<br>10.00%<sup>(1)</sup> | 02/15/30 | 1785000 | 1382411 |
|  RAC Bond Co. PLC (United Kingdom)<br>8.25%<sup>(9)</sup> | 05/06/46 | 500000 | 743846 |
|  Raven Acquisition Holdings LLC<br>6.88%<sup>(1)</sup> | 11/15/31 | 1794000 | 1794269 |
|  Rollins, Inc.<br>5.25% | 02/24/35 | 4095000 | 4112813 |
|  |  |  | 11409496 |
|  **Computers—0.3%** |  |  |  |
|  Dell International LLC/EMC Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 04/01/28 | 4110000 | 4160101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 04/01/30 | 2725000 | 2770262 |
|  |  |  | 6930363 |
|  **Cosmetics/Personal Care—0.1%** |  |  |  |
|  Edgewell Personal Care Co.<br>4.13%<sup>(1)</sup> | 04/01/29 | 1475000 | 1394701 |
|  **Diversified Financial Services—0.8%** |  |  |  |
|  AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland)<br>3.00% | 10/29/28 | 10100000 | 9626613 |
|  American Express Co.<br>3.55% (5 yr. CMT + 2.854%)<sup>(4),(10)</sup> | 09/15/26 | 2350000 | 2299216 |
|  Avolon Holdings Funding Ltd. (Ireland)<br>2.53%<sup>(1)</sup> | 11/18/27 | 5278000 | 5018745 |
|  Charles Schwab Corp.<br>5.00% (5 yr. CMT + 3.256%)<sup>(4),(10)</sup> | 06/01/27 | 2020000 | 2018647 |
|  GGAM Finance Ltd. (Ireland)<br>8.00%<sup>(1)</sup> | 06/15/28 | 1582000 | 1675227 |
|  |  |  | 20638448 |
|  **Electric—1.0%** |  |  |  |
|  Alliant Energy Finance LLC<br>3.60%<sup>(1)</sup> | 03/01/32 | 8130000 | 7398056 |
|  Amprion GmbH (Germany)<br>4.00%<sup>(9)</sup> | 05/21/44 | 700000 | 791810 |
|  Comision Federal de Electricidad (Mexico)<br>3.35%<sup>(9)</sup> | 02/09/31 | 650000 | 573761 |
|  E.ON SE (Germany)<br>3.50%<sup>(9)</sup> | 04/16/33 | 2060000 | 2440643 |
|  Elia Group SA (Belgium)<br>3.88%<sup>(9)</sup> | 06/11/31 | 600000 | 717882 |
|  Eurogrid GmbH (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.11%<sup>(9)</sup> | 05/15/32 | 1200000 | 1217878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%<sup>(9)</sup> | 09/05/31 | 300000 | 353331 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(1)</sup> | 09/15/28 | 3153000 | 3005313 |
|  MVM Energetika Zrt (Hungary)<br>6.50%<sup>(9)</sup> | 03/13/31 | 1053000 | 1091403 |
|  Scottish Hydro Electric Transmission PLC (United Kingdom)<br>3.38%<sup>(9)</sup> | 09/04/32 | 780000 | 911849 |
|  Southwestern Electric Power Co.<br>4.10% | 09/15/28 | 2190000 | 2171363 |
|  TenneT Holding BV (Netherlands) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(9)</sup> | 05/17/42 | 830000 | 881152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(9)</sup> | 10/28/42 | 1155000 | 1474442 |
|  Trans-Allegheny Interstate Line Co.<br>5.00%<sup>(1)</sup> | 01/15/31 | 3615000 | 3680287 |
|  |  |  | 26709170 |
|  **Engineering & Construction—0.1%** |  |  |  |
|  Artera Services LLC<br>8.50%<sup>(1)</sup> | 02/15/31 | 609000 | 507175 |
|  Gatwick Funding Ltd. (United Kingdom)<br>3.63%<sup>(9)</sup> | 10/16/35 | 150000 | 175072 |
|  Heathrow Funding Ltd. (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%<sup>(9)</sup> | 10/08/32 | 1715000 | 1805898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(9)</sup> | 01/16/38 | 885000 | 1025154 |
|  |  |  | 3513299 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Entertainment—0.4%** |  |  |  |
|  Caesars Entertainment, Inc.<br>8.13%<sup>(1)</sup> | 07/01/27 | $1208000$| 1209280 |
|  FDJ UNITED (France)<br>3.38%<sup>(9)</sup> | 11/21/33 | 1600000 | 1854983 |
|  Flutter Treasury DAC (Ireland)<br>5.00%<sup>(1)</sup> | 04/29/29 | 500000 | 609216 |
|  Great Canadian Gaming Corp./Raptor LLC (Canada)<br>8.75%<sup>(1)</sup> | 11/15/29 | 1075000 | 1055231 |
|  Voyager Parent LLC<br>9.25%<sup>(1)</sup> | 07/01/32 | 1091000 | 1138197 |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(11)</sup> | 03/15/32 | 1122000 | 947720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/15/42 | 6713000 | 4516305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%<sup>(11)</sup> | 03/15/52 | 915000 | 565113 |
|  |  |  | 11896045 |
|  **Environmental Control—0.1%** |  |  |  |
|  Luna 2 5SARL (Luxemburg)<br>5.50%<sup>(1),(11)</sup> | 07/01/32 | 1335000 | 1599277 |
|  Waste Pro USA, Inc.<br>7.00%<sup>(1)</sup> | 02/01/33 | 813000 | 846463 |
|  |  |  | 2445740 |
|  **Food—0.7%** |  |  |  |
|  ELO SACA (France)<br>6.00%<sup>(9)</sup> | 03/22/29 | 1400000 | 1532427 |
|  JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 05/15/32 | 2940000 | 2576234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 12/01/31 | 781000 | 727095 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 03/15/34 | 2419000 | 2643290 |
|  Mondelez International Holdings Netherlands BV<br>0.88%<sup>(9)</sup> | 10/01/31 | 1315000 | 1352189 |
|  Pilgrim's Pride Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 03/01/32 | 382000 | 344434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 04/15/31 | 1035000 | 999510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 07/01/33 | 3200000 | 3386720 |
|  Post Holdings, Inc.<br>4.63%<sup>(1)</sup> | 04/15/30 | 1470000 | 1415081 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 4690000 | 4046954 |
|  |  |  | 19023934 |
|  **Gas—0.4%** |  |  |  |
|  AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38%<sup>(1)</sup> | 06/01/28 | 2998000 | 3093696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.50%<sup>(1)</sup> | 06/01/30 | 1151000 | 1193760 |
|  National Gas Transmission PLC (United Kingdom)<br>4.25%<sup>(9)</sup> | 04/05/30 | 2075000 | 2545517 |
|  Northwest Natural Holding Co.<br>7.00% (5 yr. CMT + 2.701%)<sup>(4)</sup> | 09/15/55 | 869000 | 879732 |
|  Southern Co. Gas Capital Corp.<br>3.88% | 11/15/25 | 2410000 | 2403782 |
|  Venture Global Plaquemines LNG LLC<br>7.75%<sup>(1)</sup> | 05/01/35 | 835000 | 904881 |
|  |  |  | 11021368 |
|  **Health Care-Products—0.3%** |  |  |  |
|  American Medical Systems Europe BV<br>3.00% | 03/08/31 | 2850000 | 3341055 |
|  Bausch & Lomb Corp.<br>8.38%<sup>(1)</sup> | 10/01/28 | 485000 | 506971 |
|  Molnlycke Holding AB (Sweden)<br>4.25%<sup>(9)</sup> | 06/11/34 | 970000 | 1175127 |
|  Sartorius Finance BV (Germany)<br>4.50%<sup>(9)</sup> | 09/14/32 | 200000 | 246135 |
|  Sotera Health Holdings LLC<br>7.38%<sup>(1)</sup> | 06/01/31 | 1255000 | 1304623 |
|  Thermo Fisher Scientific, Inc.<br>1.88% | 10/01/49 | 1545000 | 1171783 |
|  |  |  | 7745694 |
|  **Health Care-Services—0.7%** |  |  |  |
|  Cerba Healthcare SACA (France)<br>3.50%<sup>(9)</sup> | 05/31/28 | 1070000 | 912937 |
|  Elevance Health, Inc.<br>5.20% | 02/15/35 | 4080000 | 4124717 |
|  Fortrea Holdings, Inc.<br>7.50%<sup>(1)</sup> | 07/01/30 | 1860000 | 1687020 |
|  HAH Group Holding Co. LLC<br>9.75%<sup>(1)</sup> | 10/01/31 | 1340000 | 1329200 |
|  Humana, Inc.<br>5.55% | 05/01/35 | 2195000 | 2207863 |
|  Kedrion SpA (Italy)<br>6.50%<sup>(1)</sup> | 09/01/29 | 1135000 | 1087432 |
|  Lonza Finance International NV (Switzerland)<br>3.50%<sup>(9)</sup> | 09/04/34 | 420000 | 488456 |
|  Mehilainen Yhtiot OYJ (Finland)<br>5.13%<sup>(1)</sup> | 06/30/32 | 660000 | 778715 |
|  ModivCare, Inc.<br>5.00%<sup>(1),(12)</sup> | 10/01/29 | 5514600 | 1516515 |
|  UnitedHealth Group, Inc.<br>5.15% | 07/15/34 | 2030000 | 2051254 |
|  Universal Health Services, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 09/01/26 | 1500000 | 1449240 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 01/15/32 | 590000 | 501004 |
|  |  |  | 18134353 |
|  **Household Products/Wares—0.1%** |  |  |  |
|  Spectrum Brands, Inc.<br>3.88%<sup>(1)</sup> | 03/15/31 | 2132000 | 1725257 |
|  **Insurance—0.4%** |  |  |  |
|  Athene Global Funding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%<sup>(1)</sup> | 01/07/29 | 1535000 | 1432662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.21%<sup>(1)</sup> | 03/08/27 | 2225000 | 2164346 |
|  Farmers Exchange Capital<br>7.20%<sup>(1)</sup> | 07/15/48 | 150000 | 150789 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD Term SOFR + 4.006%)<sup>(1),(4)</sup> | 11/01/53 | 2500000 | 2389375 |
|  Farmers Insurance Exchange<br>4.75% (3 mo. USD LIBOR + 3.231%)<sup>(1),(4)</sup> | 11/01/57 | 3800000 | 3101636 |
|  HUB International Ltd.<br>7.38%<sup>(1)</sup> | 01/31/32 | 1158000 | 1212171 |
|  |  |  | 10450979 |
|  **Internet—0.1%** |  |  |  |
|  Getty Images, Inc.<br>11.25%<sup>(1)</sup> | 02/21/30 | 1034171 | 1027738 |
|  Snap, Inc.<br>6.88%<sup>(1)</sup> | 03/01/33 | 1650000 | 1694171 |
|  |  |  | 2721909 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Investment Companies—0.2%** |  |  |  |
|  Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 06/15/30 | $2013000 | $1881773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75% | 01/15/29 | 2575000 | 2519122 |
|  |  |  | 4400895 |
|  **Leisure Time—0.1%** |  |  |  |
|  MajorDrive Holdings IV LLC<br>6.38%<sup>(1)</sup> | 06/01/29 | 1156000 | 916847 |
|  Sabre GLBL, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%<sup>(1)</sup> | 11/15/29 | 355000 | 365398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.13%<sup>(1)</sup> | 07/15/30 | 170000 | 178093 |
|  |  |  | 1460338 |
|  **Lodging—0.3%** |  |  |  |
|  Hyatt Hotels Corp.<br>5.05% | 03/30/28 | 3700000 | 3740700 |
|  Las Vegas Sands Corp.<br>5.63% | 06/15/28 | 5460000 | 5571712 |
|  |  |  | 9312412 |
|  **Machinery-Diversified—0.0%** |  |  |  |
|  Oregon Tool Lux LP<br>7.88%<sup>(1)</sup> | 10/15/29 | 2242299 | 1303314 |
|  **Media—0.7%** |  |  |  |
|  Cable One, Inc.<br>4.00%<sup>(1)</sup> | 11/15/30 | 1010000 | 796688 |
|  Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 03/01/50 | 570000 | 457032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55% | 06/01/34 | 2347000 | 2504390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.65% | 02/01/34 | 800000 | 856944 |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 12/01/30 | 500000 | 233060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 01/15/30 | 1085000 | 538670 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 02/01/29 | 3093000 | 2516990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11.75%<sup>(1)</sup> | 01/31/29 | 2129000 | 2020400 |
|  DISH Network Corp.<br>11.75%<sup>(1)</sup> | 11/15/27 | 1654000 | 1704761 |
|  Sinclair Television Group, Inc.<br>8.13%<sup>(1)</sup> | 02/15/33 | 1250000 | 1267200 |
|  Time Warner Cable LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 09/15/42 | 775000 | 618295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 09/01/41 | 2678000 | 2437864 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 11/15/40 | 1180000 | 1133472 |
|  VZ Secured Financing BV (Netherlands)<br>5.00%<sup>(1)</sup> | 01/15/32 | 1630000 | 1449771 |
|  |  |  | 18535537 |
|  **Mining—0.2%** |  |  |  |
|  Corp. Nacional del Cobre de Chile<br>5.13%<sup>(9)</sup> | 02/02/33 | 3232000 | 3144057 |
|  Novelis Corp.<br>3.25%<sup>(1)</sup> | 11/15/26 | 1095000 | 1078181 |
|  |  |  | 4222238 |
|  **Miscellaneous Manufacturers—0.0%** |  |  |  |
|  CTEC II GmbH (Germany)<br>5.25%<sup>(9)</sup> | 02/15/30 | 654000 | 655591 |
|  **Office/Business Equipment—0.1%** |  |  |  |
|  Xerox Corp.<br>10.25%<sup>(1)</sup> | 10/15/30 | 1659000 | 1738300 |
|  **Oil & Gas—0.4%** |  |  |  |
|  Ecopetrol SA (Colombia)<br>8.88% | 01/13/33 | 780000 | 805171 |
|  KazMunayGas National Co. JSC (Kazakhstan) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(9)</sup> | 04/14/33 | 1586000 | 1373222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(9)</sup> | 04/24/30 | 2424000 | 2440920 |
|  Pertamina Persero PT (Indonesia)<br>3.10%<sup>(1)</sup> | 08/27/30 | 4079000 | 3752802 |
|  Petroleos Mexicanos<br>6.35% | 02/12/48 | 652000 | 454711 |
|  Petroleos Mexicanos (Mexico)<br>6.75% | 09/21/47 | 658000 | 476471 |
|  Transocean, Inc.<br>8.75%<sup>(1)</sup> | 02/15/30 | 868000 | 895819 |
|  |  |  | 10199116 |
|  **Oil & Gas Services—0.0%** |  |  |  |
|  USA Compression Partners LP/USA Compression Finance Corp.<br>7.13%<sup>(1)</sup> | 03/15/29 | 1006000 | 1031975 |
|  **Packaging & Containers—0.4%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>4.80%<sup>(1)</sup> | 03/17/28 | 3750000 | 3781537 |
|  Amcor Group Finance PLC<br>5.45% | 05/23/29 | 2525000 | 2598301 |
|  Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/26 | 867000 | 814850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 08/15/27 | 4002000 | 1789854 |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 105000 | 100764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 556000 | 556006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/15/34 | 2300000 | 2379833 |
|  |  |  | 12021145 |
|  **Pharmaceuticals—1.1%** |  |  |  |
|  1261229 BC Ltd.<br>10.00%<sup>(1)</sup> | 04/15/32 | 1430000 | 1444228 |
|  Bayer U.S. Finance II LLC (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 3059000 | 3030796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%<sup>(1)</sup> | 07/15/44 | 1493000 | 1162659 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 06/25/38 | 2775000 | 2456263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 08/15/25 | 2000000 | 2003140 |
|  Bayer U.S. Finance LLC (Germany)<br>6.88%<sup>(1)</sup> | 11/21/53 | 1598000 | 1698163 |
|  CVS Health Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% | 03/25/38 | 525000 | 481997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% | 03/25/48 | 2025000 | 1750795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/01/53 | 1411000 | 1350271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% (5 yr. CMT + 2.516%)<sup>(4)</sup> | 12/10/54 | 2300000 | 2312742 |
|  Galderma Finance Europe BV (Netherlands)<br>3.50%<sup>(9)</sup> | 03/20/30 | 2290000 | 2713410 |
|  Grifols SA (Spain) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(9)</sup> | 10/15/28 | 2280000 | 2560677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 10/15/28 | 945000 | 907361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(9)</sup> | 05/01/30 | 300000 | 369051 |
|  Teva Pharmaceutical Finance Netherlands II BV (Israel)<br>4.13% | 06/01/31 | 3025000 | 3564317 |
|  Teva Pharmaceutical Finance Netherlands III BV (Israel)<br>6.00% | 12/01/32 | 535000 | 546765 |
|  Teva Pharmaceutical Finance Netherlands IV BV (Israel)<br>5.75% | 12/01/30 | 535000 | 543410 |
|  |  |  | 28896045 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Pipelines—0.5%** |  |  |  |
|  Energy Transfer LP<br>6.63% (3 mo. USD LIBOR + 4.155%)<sup>(4),(10)</sup> | 02/15/28 | $2751000 | $2744948 |
|  Galaxy Pipeline Assets Bidco Ltd. (United Arab Emirates)<br>2.16%<sup>(1)</sup> | 03/31/34 | 1290013 | 1144989 |
|  Global Partners LP/GLP Finance Corp.<br>8.25%<sup>(1)</sup> | 01/15/32 | 1270000 | 1337399 |
|  NGL Energy Operating LLC/NGL Energy Finance Corp.<br>8.38%<sup>(1)</sup> | 02/15/32 | 1080000 | 1082516 |
|  QazaqGaz NC JSC (Kazakhstan)<br>4.38%<sup>(9)</sup> | 09/26/27 | 650000 | 637670 |
|  TransMontaigne Partners LLC<br>8.50%<sup>(1)</sup> | 06/15/30 | 1290000 | 1344890 |
|  Venture Global LNG, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%<sup>(1)</sup> | 01/15/30 | 1802000 | 1824507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% (5 yr. CMT + 5.440%)<sup>(1),(4),(10)</sup> | 09/30/29 | 1183000 | 1153827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88%<sup>(1)</sup> | 02/01/32 | 1562000 | 1687819 |
|  Venture Global Plaquemines LNG LLC<br>6.75% | 01/15/36 | 1610000 | 1610000 |
|  |  |  | 14568565 |
|  **Real Estate—0.2%** |  |  |  |
|  Blackstone Property Partners Europe Holdings SARL (Luxembourg)<br>1.00%<sup>(9)</sup> | 05/04/28 | 1120000 | 1240141 |
|  CBRE Global Investors Open-Ended Funds SCA SICAV-SIF-Pan European Core Fund (Luxemburg)<br>4.75%<sup>(9)</sup> | 03/27/34 | 1155000 | 1414272 |
|  China SCE Group Holdings Ltd.<br>7.00%<sup>(2),(9)</sup> | 05/02/25 | 1070000 | 54752 |
|  LEG Immobilien SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%<sup>(9)</sup> | 03/30/33 | 400000 | 376651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(9)</sup> | 01/17/34 | 100000 | 96862 |
|  Times China Holdings Ltd. (China)<br>6.75%<sup>(2),(9)</sup> | 07/08/25 | 1040000 | 37076 |
|  Vonovia SE (Germany) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%<sup>(9)</sup> | 09/01/32 | 400000 | 386032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(9)</sup> | 06/14/41 | 2000000 | 1577630 |
|  Zhenro Properties Group Ltd. (China)<br>6.63%<sup>(2),(6),(9)</sup> | 01/07/26 | 1810000 | 9412 |
|  |  |  | 5192828 |
|  **REIT—1.6%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 4005000 | 3591724 |
|  American Tower Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70% | 04/15/31 | 30000 | 26923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | 01/15/30 | 5440000 | 5070298 |
|  Americold Realty Operating Partnership LP<br>5.60% | 05/15/32 | 4070000 | 4091164 |
|  Digital Dutch Finco BV |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%<sup>(9)</sup> | 01/15/32 | 1770000 | 1766555 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(9)</sup> | 03/15/35 | 1035000 | 1195726 |
|  Equinix Europe 2 Financing Corp. LLC (REIT)<br>3.63% | 11/22/34 | 1695000 | 1935735 |
|  GLP Capital LP/GLP Financing II, Inc.<br>5.75% | 06/01/28 | 6241000 | 6401643 |
|  Healthcare Realty Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 08/01/26 | 2257000 | 2228855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 01/15/28 | 625000 | 610200 |
|  Host Hotels & Resorts LP (REIT)<br>5.70% | 06/15/32 | 3415000 | 3467147 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 2947000 | 2827470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 805000 | 785954 |
|  Lineage OP LP<br>5.25%<sup>(1)</sup> | 07/15/30 | 2575000 | 2592278 |
|  LXP Industrial Trust<br>2.70% | 09/15/30 | 2000000 | 1790720 |
|  Prologis Euro Finance LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 05/05/34 | 990000 | 1189165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 05/23/33 | 415000 | 524419 |
|  Realty Income Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 06/20/31 | 130000 | 152150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 07/06/30 | 710000 | 893932 |
|  RHP Hotel Properties LP/RHP Finance Corp. (REIT)<br>6.50%<sup>(1)</sup> | 04/01/32 | 665000 | 684378 |
|  VICI Properties LP/VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 02/15/29 | 865000 | 838410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(1)</sup> | 08/15/30 | 113000 | 108422 |
|  WP Carey, Inc. (REIT)<br>4.25% | 07/23/32 | 950000 | 1150140 |
|  |  |  | 43923408 |
|  **Retail—0.4%** |  |  |  |
|  BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.<br>9.50%<sup>(1)</sup> | 07/01/32 | 1345000 | 1377374 |
|  Ferrellgas LP/Ferrellgas Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(1)</sup> | 04/01/26 | 1535000 | 1523856 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(1)</sup> | 04/01/29 | 3864000 | 3581078 |
|  Michaels Cos., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 05/01/28 | 2383000 | 1921294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(1)</sup> | 05/01/29 | 675000 | 446094 |
|  Papa John's International, Inc.<br>3.88%<sup>(1)</sup> | 09/15/29 | 1565000 | 1521430 |
|  Staples, Inc.<br>10.75%<sup>(1)</sup> | 09/01/29 | 600000 | 570486 |
|  |  |  | 10941612 |
|  **Semiconductors—0.1%** |  |  |  |
|  Foundry JV Holdco LLC<br>5.50%<sup>(1)</sup> | 01/25/31 | 825000 | 846260 |
|  Intel Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/12/31 | 2300000 | 1976781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.05% | 08/12/51 | 826000 | 492395 |
|  |  |  | 3315436 |
|  **Software—0.5%** |  |  |  |
|  Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL<br>8.75%<sup>(1)</sup> | 05/01/29 | 2202000 | 2266210 |
|  Open Text Corp. (Canada)<br>6.90%<sup>(1)</sup> | 12/01/27 | 5545000 | 5749722 |
|  Oracle Corp.<br>4.80% | 08/03/28 | 4060000 | 4127477 |
|  |  |  | 12143409 |
|  **Telecommunications—0.5%** |  |  |  |
|  Altice Financing SA (Luxembourg) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 08/15/29 | 990000 | 726135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.63%<sup>(1)</sup> | 07/15/27 | 1945000 | 1676435 |
|  Consolidated Communications, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(1)</sup> | 10/01/28 | 270000 | 273272 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 10/01/28 | 1452000 | 1479370 |
|  EchoStar Corp.<br>10.75% | 11/30/29 | 891000 | 916830 |
|  Frontier Communications Holdings LLC<br>8.63%<sup>(1)</sup> | 03/15/31 | 100000 | 106333 |
|  Global Switch Finance BV (United Kingdom)<br>1.38%<sup>(9)</sup> | 10/07/30 | 4505000 | 4958050 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Telecommunications (Continued)** |  |  |  |
|  Vmed O2 U.K. Financing I PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 07/15/31 | $1073000 | $993265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 04/15/32 | 415000 | 431895 |
|  Windstream Services LLC/Windstream Escrow Finance Corp.<br>8.25%<sup>(1)</sup> | 10/01/31 | 1016000 | 1065053 |
|  Zayo Group Holdings, Inc.<br>4.00%<sup>(1)</sup> | 03/01/27 | 1460000 | 1370546 |
|  |  |  | 13997184 |
|  **Water—0.2%** |  |  |  |
|  Holding d'Infrastructures des Metiers de l'Environnement (France)<br>4.88%<sup>(9)</sup> | 10/24/29 | 745000 | 908056 |
|  Severn Trent Utilities Finance PLC (United Kingdom)<br>3.88%<sup>(9)</sup> | 08/04/35 | 1525000 | 1802508 |
|  Suez SACA (France)<br>2.88%<sup>(9)</sup> | 05/24/34 | 1300000 | 1427501 |
|  United Utilities Water Finance PLC (United Kingdom)<br>3.75%<sup>(9)</sup> | 05/23/34 | 1270000 | 1491355 |
|  |  |  | 5629420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $527,299,654) |  |  | 523742273 |
|  **MUNICIPAL BONDS—0.2%** |  |  |  |
|  County of Miami-Dade Aviation Revenue, Series B<br>2.86% | 10/01/35 | 1750000 | 1454976 |
|  County of Miami-Dade Aviation Revenue, Series D<br>3.35% | 10/01/29 | 2000000 | 1935208 |
|  New York State Dormitory Authority, Revenue bonds<br>5.29% | 03/15/33 | 2800351 | 2836210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $6,875,894) |  |  | 6226394 |
|  **FOREIGN GOVERNMENT BONDS—1.8%** |  |  |  |
|  Brazil Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 10/20/33 | 1230000 | 1221870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 01/22/32 | 1500000 | 1535310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 03/15/34 | 1310000 | 1303489 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 03/15/35 | 2500000 | 2529925 |
|  Colombia Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 11/07/36 | 1360000 | 1332732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 04/20/33 | 200000 | 207452 |
|  Colombia Government International Bonds (Colombia)<br>3.13% | 04/15/31 | 2027000 | 1668708 |
|  Costa Rica Government International Bonds<br>6.55%<sup>(9)</sup> | 04/03/34 | 2150000 | 2246127 |
|  Finance Department Government of Sharjah<br>6.50%<sup>(1)</sup> | 11/23/32 | 1629000 | 1701914 |
|  Guatemala Government Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(9)</sup> | 08/10/29 | 3050000 | 3029626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%<sup>(9)</sup> | 06/13/36 | 1300000 | 1324648 |
|  Hungary Government International Bonds<br>2.13%<sup>(1)</sup> | 09/22/31 | 3147000 | 2618304 |
|  Indonesia Government International Bonds<br>4.75% | 09/10/34 | 1100000 | 1081399 |
|  Israel Government International Bonds<br>5.38% | 02/19/30 | 1800000 | 1840338 |
|  Mexico Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.66% | 05/24/31 | 2472000 | 2143891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 05/19/33 | 2259000 | 2137511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | 02/09/35 | 3850000 | 3942169 |
|  Panama Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 09/29/32 | 3706000 | 2834089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 02/14/35 | 460000 | 448468 |
|  Paraguay Government International Bonds<br>4.95%<sup>(9)</sup> | 04/28/31 | 2185000 | 2176347 |
|  Peru Government International Bonds<br>3.00% | 01/15/34 | 2000000 | 1684860 |
|  Republic of South Africa Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30% | 10/12/28 | 827000 | 799709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85% | 09/30/29 | 1283000 | 1237915 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/22/30 | 875000 | 872918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 04/20/32 | 1064000 | 1041699 |
|  Romania Government International Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(9)</sup> | 02/14/31 | 3440000 | 2943126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%<sup>(9)</sup> | 03/27/32 | 960000 | 824102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%<sup>(1)</sup> | 02/17/28 | 450000 | 464621 |
|  Uruguay Government International Bonds<br>5.44% | 02/14/37 | 1200000 | 1232940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $49,036,749) |  |  | 48426207 |
|  **U.S. TREASURY SECURITIES—5.1%** |  |  |  |
|  U.S. Treasury Bonds<br>4.75% | 05/15/55 | 3571000 | 3551750 |
|  U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 06/30/30 | 131725000 | 132244696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 05/15/35 | 538000 | 538967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $135,655,012) |  |  | 136335413 |
|  **BANK LOANS—4.0%** |  |  |  |
|  **Advertising—0.0%** |  |  |  |
|  Advantage Sales & Marketing, Inc. 2024 Term Loan<br>8.79% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 10/28/27 | 970929 | 815415 |
|  **Aerospace & Defense—0.0%** |  |  |  |
|  TransDigm, Inc. 2023 Term Loan J<br>6.80% (3 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 02/28/31 | 566481 | 568127 |
|  TransDigm, Inc. 2024 Term Loan I<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 08/24/28 | 503952 | 506300 |
|  |  |  | 1074427 |
|  **Apparel—0.0%** |  |  |  |
|  ABG Intermediate Holdings 2 LLC 2024 1st Lien Term Loan B<br>6.58% (1 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 12/21/28 | 790864 | 791418 |
|  **Auto Parts & Equipment—0.0%** |  |  |  |
|  First Brands Group LLC 2021 Term Loan<br>9.54% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 03/30/27 | 250233 | 237105 |
|  **Beverages—0.2%** |  |  |  |
|  Celsius Holdings, Inc. Term Loan<br>7.49% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 04/01/32 | 651883 | 656528 |
|  Naked Juice LLC 2025 FLFO Term Loan<br>9.80% (3 mo. USD Term SOFR + 5.500%)<sup>(4)</sup> | 01/24/29 | 3494262 | 3472423 |
|  Naked Juice LLC 2025 FLSO Term Loan<br>7.65% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 01/24/29 | 207641 | 166113 |
|  Naked Juice LLC 2025 FLTO Term Loan<br>10.40% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 01/24/30 | 617373 | 297882 |
|  |  |  | 4592946 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Chemicals—0.0%** |  |  |  |
|  Chemours Co. 2023 USD Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 08/18/28 | $1047168 | $1045534 |
|  **Commercial Services—0.2%** |  |  |  |
|  Albion Financing 3 SARL 2025 USD Term Loan B<br>7.32% (3 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 08/16/29 | 135950 | 136333 |
|  ASP Dream Acquisition Co. LLC Term Loan B<br>8.68% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 12/15/28 | 1002858 | 972772 |
|  Belron Finance 2019 LLC 2024 USD Term Loan B<br>7.05% (3 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 10/16/31 | 469699 | 472411 |
|  Boost Newco Borrower LLC 2025 USD Term Loan B<br>6.30% (3 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 01/31/31 | 769962 | 772850 |
|  CCRR Parent, Inc. Term Loan B<br>8.70% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 03/06/28 | 354435 | 155508 |
|  CCRR Parent, Inc. US Acquisition Facility<br>8.68% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 03/06/28 | 733572 | 327907 |
|  Element Materials Technology Group U.S. Holdings, Inc.<br>2022 USD Term Loan 8.05% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 07/06/29 | 276082 | 277290 |
|  Kelso Industries LLC Term Loan<br>10.08% (1 mo. USD Term SOFR + 5.750%)<sup>(4),(13)</sup> | 12/30/29 | 559162 | 563356 |
|  KUEHG Corp. 2024 Term Loan<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 06/12/30 | 244551 | 244952 |
|  Ryan LLC Term Loan<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 11/14/30 | 394728 | 395746 |
|  TruGreen LP 2020 Term Loan<br>8.43% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 11/02/27 | 1005847 | 956817 |
|  Valvoline, Inc. Term Loan B<br>0.00% <sup>(14)</sup> | 03/19/32 | 992193 | 996672 |
|  |  |  | 6272614 |
|  **Computers—0.1%** |  |  |  |
|  McAfee LLC 2024 USD 1st Lien Term Loan B<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 03/01/29 | 162504 | 158153 |
|  Peraton Corp. Term Loan B<br>8.18% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 02/01/28 | 1116348 | 988666 |
|  Twitter, Inc. 2025 Fixed Term Loan<br>9.50% <sup>(14)</sup> | 10/26/29 | 944429 | 919637 |
|  Twitter, Inc. Term Loan<br>10.93% (1 mo. USD Term SOFR + 6.500%)<sup>(4)</sup> | 10/26/29 | 1123774 | 1099281 |
|  |  |  | 3165737 |
|  **Cosmetics/Personal Care—0.1%** |  |  |  |
|  Opal Bidco SAS USD Term Loan B<br>7.58% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 04/28/32 | 1444547 | 1452225 |
|  **Distribution & Wholesale—0.0%** |  |  |  |
|  BCPE Empire Holdings, Inc. 2025 Term Loan B<br>7.58% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/11/30 | 669099 | 666088 |
|  **Diversified Financial Services—0.2%** |  |  |  |
|  Avolon TLB Borrower 1 U.S. LLC 2023 Term Loan B6<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 06/24/30 | 2009539 | 2013256 |
|  Blackhawk Network Holdings, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 03/12/29 | 865780 | 871529 |
|  Deerfield Dakota Holding LLC 2020 USD Term Loan B<br>8.05% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 04/09/27 | 1119373 | 1090303 |
|  Guggenheim Partners LLC 2024 Term Loan B<br>6.80% (3 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 11/26/31 | 368086 | 370041 |
|  Jane Street Group LLC 2024 Term Loan B1<br>6.33% (3 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 12/15/31 | 833550 | 833462 |
|  Jefferies Finance LLC 2024 Term Loan<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 10/21/31 | 298763 | 299697 |
|  Summit Acquisition, Inc. 2024 Term Loan B<br>8.08% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 10/16/31 | 792470 | 795442 |
|  |  |  | 6273730 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Electric—0.1%** |  |  |  |
|  Calpine Corp. 2024 Term Loan B10<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 01/31/31 | $288953 | $289247 |
|  Cornerstone Generation LLC Term Loan B<br>0.00%<sup>(14)</sup> | 10/28/31 | 329147 | 331204 |
|  Edgewater Generation LLC 2025 Repriced Term Loan<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 08/01/30 | 310013 | 311591 |
|  EFS Cogen Holdings I LLC 2020 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 10/03/31 | 634260 | 637894 |
|  Kestrel Acquisition LLC 2024 Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 11/06/31 | 381504 | 382084 |
|  Potomac Energy Center LLC 2025 Term Loan<br>0.00%<sup>(14)</sup> | 03/14/32 | 412729 | 412729 |
|  Potomac Energy Center LLC Term Loan<br>10.56% (3 mo. USD Term SOFR + 6.000%)<sup>(4)</sup> | 11/12/26 | 413827 | 415379 |
|  South Field LLC 2025 Term Loan B<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 08/29/31 | 418835 | 421103 |
|  South Field LLC 2025 Term Loan C<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 08/29/31 | 26774 | 26919 |
|  Vistra Operations Co. LLC 1st Lien Term Loan B3<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 12/20/30 | 642629 | 645017 |
|  |  |  | 3873167 |
|  **Electrical Components & Equipment—0.0%** |  |  |  |
|  Pelican Products, Inc. 2021 Term Loan<br>8.81% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 12/29/28 | 1089410 | 957999 |
|  **Electronics—0.0%** |  |  |  |
|  TCP Sunbelt Acquisition Co. 2024 Term Loan B<br>8.58% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 10/24/31 | 284288 | 285354 |
|  **Engineering & Construction—0.0%** |  |  |  |
|  Artera Services LLC 2024 Term Loan<br>8.80% (3 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 02/15/31 | 678242 | 571032 |
|  DG Investment Intermediate Holdings 2, Inc. 2021 Term<br>Loan 7.94% (1 mo. USD Term SOFR + 3.500%)<sup>(4),(15)</sup> | 03/31/28 | 592601 | 594432 |
|  |  |  | 1165464 |
|  **Entertainment—0.2%** |  |  |  |
|  DK Crown Holdings, Inc. 2025 Term Loan B<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 03/04/32 | 154915 | 154592 |
|  Flutter Financing BV 2025 Term Loan B<br>6.30% (3 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 06/04/32 | 411461 | 411975 |
|  Showtime Acquisition LLC 2024 1st Lien Term Loan<br>9.07% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 08/13/31 | 1017119 | 1028562 |
|  UFC Holdings LLC 2024 Term Loan B<br>6.57% (3 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 11/21/31 | 531170 | 533757 |
|  Voyager Parent LLC Term Loan B<br>0.00%<sup>(14)</sup> | 05/09/32 | 2056956 | 2038670 |
|  |  |  | 4167556 |
|  **Food—0.1%** |  |  |  |
|  8th Avenue Food & Provisions, Inc. 2018 1st Lien Term<br>Loan 10.25% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 10/01/25 | 887499 | 887996 |
|  BCPE North Star U.S. HoldCo 2, Inc. Term Loan<br>8.44% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 06/09/28 | 878029 | 868370 |
|  United Natural Foods, Inc. 2024 Term Loan<br>9.08% (1 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 05/01/31 | 800149 | 808150 |
|  |  |  | 2564516 |
|  **Health Care-Products—0.1%** |  |  |  |
|  Antylia Scientific Term Loan<br>8.32% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 05/27/32 | 723268 | 705787 |
|  Bausch & Lomb Corp. Term Loan<br>8.67% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 05/10/27 | 942224 | 941743 |
|  NSM Top Holdings Corp. 2024 Term Loan<br>0.00%<sup>(14)</sup> | 05/14/29 | 320842 | 323120 |
|  |  |  | 1970650 |
|  **Health Care-Services—0.4%** |  |  |  |
|  ADMI Corp. 2021 Term Loan B2<br>7.82% (1 mo. USD Term SOFR + 3.375%)<sup>(4)</sup> | 12/23/27 | 552828 | 524954 |
|  ADMI Corp. 2023 Term Loan B5<br>10.08% (1 mo. USD Term SOFR + 5.750%)<sup>(4)</sup> | 12/23/27 | 281920 | 274026 |
|  Aveanna Healthcare LLC 2021 Term Loan B<br>8.18% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 07/17/28 | 2895589 | 2840399 |
|  Heartland Dental LLC 2024 Term Loan<br>8.83% (1 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 04/28/28 | 536167 | 537511 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-Services (Continued)** |  |  |  |
|  IQVIA, Inc. 2025 Repriced Term Loan B<br>6.05% (3 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 01/02/31 | $495154 | $497862 |
|  ModivCare, Inc. 2024 Term Loan B<br>9.05% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 07/01/31 | 2603580 | 1920140 |
|  Modivcare, Inc. 2025 Incremental Term Loan<br>11.71% (3 mo. USD Term SOFR + 7.500%)<sup>(4)</sup> | 01/09/26 | 688354 | 535540 |
|  NAPA Management Services Corp. Term Loan B<br>9.68% (1 mo. USD Term SOFR + 5.250%)<sup>(4)</sup> | 02/23/29 | 1227094 | 993946 |
|  Pediatric Associates Holding Co. LLC 2021 Term Loan B<br>7.79% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/29/28 | 1871226 | 1678255 |
|  Star Parent, Inc. Term Loan B<br>8.30% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 09/27/30 | 314936 | 312263 |
|  |  |  | 10114896 |
|  **Home Furnishings—0.0%** |  |  |  |
|  AI Aqua Merger Sub, Inc. 2024 1st Lien Term Loan B<br>7.32% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 07/31/28 | 732326 | 732113 |
|  **Insurance—0.0%** |  |  |  |
|  Asurion LLC 2021 Second Lien Term Loan B4<br>9.69% (1 mo. USD Term SOFR + 5.250%)<sup>(4)</sup> | 01/20/29 | 659757 | 613831 |
|  **Internet—0.3%** |  |  |  |
|  Arches Buyer, Inc. 2021 Term Loan B<br>7.68% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/06/27 | 577672 | 571280 |
|  Barracuda Networks, Inc. 2022 Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 08/15/29 | 974486 | 812112 |
|  Delivery Hero SE 2024 USD Term Loan B<br>9.30% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 12/12/29 | 1318161 | 1332582 |
|  Magnite, Inc. 2025 Repriced Term Loan B<br>7.33% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 02/06/31 | 927078 | 931133 |
|  MH Sub I LLC 2023 Term Loan<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 05/03/28 | 714402 | 671538 |
|  MH Sub I LLC 2024 Term Loan B4<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 12/31/31 | 1063031 | 926500 |
|  Red Ventures LLC 2024 Term Loan B<br>7.08% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 03/04/30 | 868288 | 739673 |
|  Research Now Group, Inc. 2024 First Lien First Out Term Loan<br>9.59% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 07/15/28 | 906013 | 905591 |
|  TripAdvisor, Inc. Term Loan<br>7.08% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 07/08/31 | 629010 | 628224 |
|  |  |  | 7518633 |
|  **Leisure Time—0.1%** |  |  |  |
|  City Football Group Ltd. 2024 Term Loan<br>8.04% (3 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 07/22/30 | 483208 | 482000 |
|  MajorDrive Holdings IV LLC Term Loan B<br>8.56% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 06/01/28 | 156579 | 153991 |
|  Sabre GLBL, Inc. 2022 1st Lien Term Loan B<br>9.43% (1 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 06/30/28 | 294105 | 292708 |
|  Sabre GLBL, Inc. 2024 Term Loan B1<br>10.43% (1 mo. USD Term SOFR + 6.000%)<sup>(4)</sup> | 11/15/29 | 559189 | 559189 |
|  |  |  | 1487888 |
|  **Lodging—0.1%** |  |  |  |
|  Fertitta Entertainment LLC 2022 Term Loan B<br>7.83% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 01/27/29 | 234244 | 234253 |
|  Hilton Domestic Operating Co., Inc. 2023 Term Loan B4<br>6.07% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 11/08/30 | 1457180 | 1463781 |
|  |  |  | 1698034 |
|  **Machinery-Construction & Mining—0.0%** |  |  |  |
|  WEC U.S. Holdings Ltd. 2024 Term Loan<br>6.57% (1 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 01/27/31 | 623534 | 624392 |
|  **Machinery-diversified—0.1%** |  |  |  |
|  Oregon Tool, Inc. 2025 1st Lien Term Loan<br>9.67% (3 mo. USD Term SOFR + 5.350%)<sup>(4)</sup> | 10/15/29 | 118407 | 119961 |
|  Oregon Tool, Inc. 2025 2nd Lien Term Loan<br>8.59% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 10/15/29 | 2725848 | 2223829 |
|  |  |  | 2343790 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Media—0.2%** |  |  |  |
|  Charter Communications Operating LLC 2023 Term Loan B4<br>0.00%<sup>(11),(14)</sup> | 12/07/30 | $387087 | $387329 |
|  Charter Communications Operating LLC 2024 Term Loan B5<br>6.55% (3 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 12/15/31 | 598397 | 600007 |
|  NEP Group, Inc. 2023 Term Loan B<br>1.50% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 08/19/26 | 1356037 | 1253066 |
|  Telenet Financing USD LLC 2020 USD Term Loan AR<br>6.43% (1 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 04/30/28 | 472296 | 462458 |
|  Virgin Media Bristol LLC 2024 Fungible Term Loan Y3<br>0.00%<sup>(14)</sup> | 03/31/31 | 1335159 | 1319912 |
|  |  |  | 4022772 |
|  **Mining—0.0%** |  |  |  |
|  American Rock Salt Co. LLC 2024 First Out Term Loan<br>11.59% (3 mo. USD Term SOFR + 7.000%)<sup>(4),(16)</sup> | 06/09/28 | 451573 | 454960 |
|  **Miscellaneous Manufacturers —0.1%** |  |  |  |
|  Cleanova Holdco 3 Ltd. 2025 Term Loan B<br>9.07% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 06/14/32 | 472556 | 464286 |
|  Technimark Holdings LLC 2024 Term Loan<br>7.57% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 04/14/31 | 1054955 | 1060889 |
|  |  |  | 1525175 |
|  **Office/Business Equipment—0.1%** |  |  |  |
|  Xerox Holdings Corp. 2023 Term Loan B<br>8.22% (6 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 11/17/29 | 1245683 | 1207727 |
|  **Packaging & Containers—0.2%** |  |  |  |
|  Balcan Innovations, Inc. Term Loan B<br>9.03% (3 mo. USD Term SOFR + 4.750%)<sup>(4)</sup> | 10/18/31 | 537707 | 494691 |
|  Plaze, Inc. 2019 Term Loan B<br>7.94% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 08/03/26 | 1654563 | 1598200 |
|  Plaze, Inc. 2020 Incremental Term Loan<br>8.19% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 08/03/26 | 4263987 | 4118734 |
|  |  |  | 6211625 |
|  **Pharmaceuticals—0.2%** |  |  |  |
|  Gainwell Acquisition Corp. Term Loan B<br>8.40% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 10/01/27 | 1989505 | 1921365 |
|  Grifols Worldwide Operations USA, Inc. 2019 USD Term Loan B<br>6.48% (3 mo. USD Term SOFR + 2.000%)<sup>(4)</sup> | 11/15/27 | 865473 | 863911 |
|  Organon & Co. 2024 USD Term Loan<br>6.57% (1 mo. USD Term SOFR + 2.250%)<sup>(4)</sup> | 05/19/31 | 241819 | 238392 |
|  Pathway Vet Alliance LLC 2021 Term Loan<br>5.00%<sup>(4),(14)</sup> | 03/31/27 | 1102432 | 894348 |
|  Pathway Vet Alliance LLC 2025 Tranche A Term Loan A<br>9.28% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 06/30/28 | 167373 | 168670 |
|  Southern Veterinary Partners LLC 2024 1st Lien Term Loan<br>7.53% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 12/04/31 | 629534 | 630982 |
|  |  |  | 4717668 |
|  **REIT—0.3%** |  |  |  |
|  Healthpeak Properties, Inc. 2024 Term Loan A3<br>0.00%<sup>(14)</sup> | 03/01/29 | 1664689 | 1623072 |
|  Healthpeak Properties, Inc. Term Loan A1<br>5.27% (1 mo. USD Term SOFR + 0.840%)<sup>(4)</sup> | 08/20/27 | 824832 | 814521 |
|  Healthpeak Properties, Inc. Term Loan A2<br>5.27% (1 mo. USD Term SOFR + 0.840%)<sup>(4)</sup> | 02/22/27 | 824832 | 814522 |
|  Invitation Homes Operating Partnership LP 2024 Term Loan<br>5.26% (1 mo. USD Term SOFR + 0.850%)<sup>(4)</sup> | 09/09/28 | 3604245 | 3550181 |
|  |  |  | 6802296 |
|  **Retail—0.2%** |  |  |  |
|  1011778 B.C. Unlimited Liability Co. 2024 Term Loan B6<br>6.08% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 09/20/30 | 914277 | 911516 |
|  BW Gas & Convenience Holdings LLC 2021 Term Loan B<br>7.94% (1 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 03/31/28 | 848666 | 847962 |
|  Dave & Buster's, Inc. 2024 1st Lien Term Loan B<br>7.56% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 11/01/31 | 860910 | 823301 |
|  Great Outdoors Group LLC 2025 Term Loan B<br>7.58% (1 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 01/23/32 | 199218 | 199250 |
|  KFC Holding Co. 2021 Term Loan B<br>6.18% (1 mo. USD Term SOFR + 1.750%)<sup>(4)</sup> | 03/15/28 | 452283 | 455040 |
|  Michaels Cos., Inc. 2021 Term Loan B<br>8.81% (3 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 04/17/28 | 3360000 | 2824500 |
|  |  |  | 6061569 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal**<br>**Amount** | **Value** |
|  **Software—0.3%** |  |  |  |
|  Cast & Crew Payroll LLC 2021 Incremental Term Loan<br>8.08% (1 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 12/29/28 | $309440 | $293278 |
|  Castle U.S. Holding Corp. 2025 New Money FLFO Term Loan<br>9.33% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 04/29/30 | 60669 | 61048 |
|  Castle U.S. Holding Corp. USD Term Loan B<br>8.34% (3 mo. USD Term SOFR + 3.750%)<sup>(4)</sup> | 01/29/27 | 505698 | 278450 |
|  Cloud Software Group, Inc. 2024 1st Lien Term Loan B<br>7.80% (3 mo. USD Term SOFR + 3.500%)<sup>(4)</sup> | 03/29/29 | 731015 | 732634 |
|  Cotiviti Corp. 2025 2nd Amendment Term Loan<br>7.07% (1 mo. USD Term SOFR + 2.750%)<sup>(4)</sup> | 03/26/32 | 445152 | 443576 |
|  DTI Holdco, Inc. 2025 Term Loan B<br>8.33% (1 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 04/26/29 | 409643 | 405510 |
|  EagleView Technology Corp. 2025 Term Loan<br>10.80% (3 mo. USD Term SOFR + 6.500%)<sup>(4)</sup> | 08/14/28 | 2855922 | 2787495 |
|  ECI Macola Max Holding LLC 2024 Term Loan<br>7.55% (3 mo. USD Term SOFR + 3.250%)<sup>(4)</sup> | 05/09/30 | 422805 | 425405 |
|  Modena Buyer LLC Term Loan<br>8.78% (3 mo. USD Term SOFR + 4.500%)<sup>(4)</sup> | 07/01/31 | 287293 | 277417 |
|  Renaissance Holdings Corp. 2024 1st Lien Term Loan<br>8.28% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 04/05/30 | 1349874 | 1229647 |
|  SolarWinds Holdings, Inc. 2025 Term Loan<br>8.26% (3 mo. USD Term SOFR + 4.000%)<sup>(4)</sup> | 04/16/32 | 771189 | 755927 |
|  |  |  | 7690387 |
|  **Telecommunications—0.1%** |  |  |  |
|  Altice Financing SA 2022 USD Term Loan<br>9.26% (3 mo. USD Term SOFR + 5.000%)<sup>(4)</sup> | 10/31/27 | 375614 | 304090 |
|  Frontier Communications Corp. 2025 Term Loan B<br>6.79% (6 mo. USD Term SOFR + 2.500%)<sup>(4)</sup> | 07/01/31 | 367402 | 368014 |
|  Zayo Group Holdings, Inc. 2022 USD Incremental Term Loan B<br>8.58% (1 mo. USD Term SOFR + 4.250%)<sup>(4)</sup> | 03/09/27 | 1023863 | 986000 |
|  Zayo Group Holdings, Inc. USD Term Loan<br>7.44% (1 mo. USD Term SOFR + 3.000%)<sup>(4)</sup> | 03/09/27 | 563487 | 537451 |
|  |  |  | 2195555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $111,292,849) |  |  | 107395256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $3,068,925,785) |  |  | 2780611544 |
|  **CONVERTIBLE SECURITIES—0.2%** |  |  |  |
|  **CONVERTIBLE CORPORATE BONDS**—**0.2%** |  |  |  |
|  **Beverages—0.1%** |  |  |  |
|  Davide Campari-Milano NV (Italy)<br>2.38%<sup>(9)</sup> | 01/17/29 | 1000000 | 1127963 |
|  **Commercial Services—0.1%** |  |  |  |
|  Worldline SA (France)<br>0.00%<sup>(3),(9)</sup> | 07/30/26 | 3038784 | 3312172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Corporate Bonds** (Cost: $4,153,199) |  |  | 4440135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Convertible Securities** (Cost: $4,153,199) |  |  | 4440135 |
|  **COMMON STOCK —0.3%** |  |  |  |
| **Issues** |  | **Shares** | **Value** |
|  **Real Estate—0.0%** |  |  |  |
|  Aoyuan New Shares<sup>(6),(17)</sup> | Aoyuan New Shares<sup>(6),(17)</sup> | 408851 | 6250 |
|  **REIT—0.2%** |  |  |  |
|  AGNC Investment Corp. | AGNC Investment Corp. | 582000 | 5348580 |
|  |  |  | 5348580 |
|  **Telecommunications—0.1%** |  |  |  |
|  Intelsat SA<sup>(17)</sup> |  | 100739 | 3122909 |
|  Reorganized ISA SA<sup>(17)</sup> |  | 50739 | 530654 |
|  |  |  | 3653563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $10,511,958) |  |  | 9008393 |
|  **INVESTMENT COMPANIES—1.3%** |  |  |  |
|  TCW Private Asset Income Fund—I Class<sup>(19)</sup> |  | 3547979 | 35550747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $35,472,529) |  |  | 35550747 |
|  **MONEY MARKET INVESTMENTS**—**4.4%** |  |  |  |
|  TCW Central Cash Fund, 4.33%<sup>(18),(19)</sup> |  | 116474007 | 116474007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $116,474,007) |  |  | 116474007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (110.0%)** (Cost: $3,235,537,478) |  |  | 2946084826 |
|  **Net unrealized appreciation (Depreciation) on Unfunded Commitments (0.0%)** |  |  | 2872 |
|  **Liabilities In Excess Of Other Assets (-10.0%)** |  |  | (267528028) |
|  **Net Assets (100.0%)** |  |  | $2678559670 |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 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** |  |  |  |  |  |
| 660 | 2-Year U.S. Treasury Note Futures | 09/30/25 | $136752665 | $137295469 | $542804 |
| 1087 | 5-Year U.S. Treasury Note Futures | 09/30/25 | 116969941 | 118483000 | 1513059 |
|  |  |  | $**253722606** | $**255778469** | $**2055863** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 2412 | 10-Year U.S. Treasury Note Futures | 09/19/25 | (267782476) | (275608688) | (7826212) |
| 27 | 30-Year Euro-Buxl Futures | 09/8/25 | (3807672) | (3763338) | 44334 |
| 14 | Euro Schatz Futures | 09/8/25 | (1765063) | (1762535) | 2528 |
| 97 | Euro-Bobl Futures | 09/8/25 | (13438433) | (13399444) | 38989 |
| 264 | Euro-Bund Futures | 09/8/25 | (40568150) | (40332998) | 235152 |
| 22 | Long Gilt Futures | 09/26/25 | (2725314) | (2804639) | (79325) |
| 587 | U.S. Ultra Long Bond Futures | 09/19/25 | (67577187) | (69926375) | (2349188) |
|  |  |  | $**(397664295)** | $**(407598017)** | $**(9933722)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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>(20)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 1335000 | 07/01/25 | $1533539 | $1567089 | $33550 |
|  Goldman Sachs & Co. | EUR | 19431636 | 07/11/25 | 22035396 | 22823342 | 787946 |
|  Bank of America | EUR | 1156875 | 07/11/25 | 1304207 | 1358802 | 54595 |
|  Citibank N.A. | EUR | 1874338 | 07/11/25 | 2145513 | 2201496 | 55983 |
|  Bank of New York | EUR | 2534485 | 07/11/25 | 2934591 | 2976868 | 42277 |
|  Goldman Sachs & Co. | GBP | 458000 | 07/11/25 | 593203 | 627645 | 34442 |
|  Bank of New York | GBP | 2776000 | 07/11/25 | 3700561 | 3804242 | 103681 |
|  |  |  |  | $**34247010** | $**35359484** | $**1112474** |
|  **SELL <sup>(21)</sup>** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | EUR | 41254850 | 07/11/25 | 46191472 | 48455701 | (2264230) |
|  Citibank N.A. | EUR | 48851000 | 07/11/25 | 53029470 | 57377727 | (4348256) |
|  Citibank N.A. | GBP | 1325000 | 07/11/25 | 1705991 | 1815786 | (109795) |
|  Bank of New York | GBP | 2776000 | 07/11/25 | 3596302 | 3804242 | (207940) |
|  Goldman Sachs & Co. | GBP | 6150000 | 07/11/25 | 7969355 | 8427986 | (458631) |
|  JP Morgan Chase Bank | GBP | 2776000 | 07/11/25 | 3700552 | 3804242 | (103690) |
|  |  |  |  | $**116193142** | $**123685684** | $**(7492542)** |

---

---

| | |
|:---|:---|
| **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. |
| GBP | British Pound Sterling. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| PAC | Planned Amortization Class. |
| REMIC | Real Estate Mortgage Investment Conduits. |
| SOFR | Secured Overnight Financing Rate. |
| STRIPS | Separate Trading of Registered Interest and Principal Securities. |
| TAC | Target Amortization Class. |
| 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 June 30, 2025, the value of these securities amounted to $960,030,458 or 35.8% 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) | 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. |
| (3) | Security is not accruing interest. |
| (4) | Floating or variable rate security. The interest shown reflects the rate in effect at June 30, 2025. |

---

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

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

(7) Restricted security (Note 7).

(8) 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.

(9) 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 June 30, 2025, the value of these securities
amounted to $84,065,491 or 3.1% of net assets.

(10) Perpetual maturity.

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

(12) 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.

(13) Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $97,533,at an interest rate of 10.08% and a maturity of December 30, 2029. The investment is accruing an unused
commitment fee of 5.75% per annum.

(14) This position represents an unsettled bank loan at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date.

(15) Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $33,606, , at an interest rate of 7.94% and a maturity of March 31, 2028. The investment is accruing an unused
commitment fee of 3.50% per annum.

(16) Excluded from the investment total above is an unfunded delayed draw term loan commitment in an amount not to exceed $285,664, at an interest rate of 11.59% and a maturity of June 9, 2028. The investment is accruing an unused
commitment fee of 7.0% per annum.

(17) Non-income producing security.

(18) Rate disclosed is the 7-day net yield as of June 30, 2025.

(19) Affiliated issuer.

(20) Fund buys foreign currency, sells USD.

(21) Fund sells foreign currency, buys USD.

------

---

| |
|:---|
| **TCW MetWest Unconstrained Bond Fund** |
| SCHEDULE OF INVESTMENTS June 30, 2025 (Unaudited) |

---

Investment transactions in the shares of affiliated issuers for the period ended June 30, 2025 were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>March 31,<br>2025** | **Purchases at**<br>**Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>June 30,<br>2025** | **Value at June 30,<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 | $274063488 | $535010519 | $692600000 | 116474007 | $116474007 | $837978 | $– $|  | $— |
|  TCW Private Asset Income Fund—I Class | 7104479 | 28368050 |  | 3547979 | 35550747 | 280941 | – |  | 78218 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $152024754 | $1118919 | $– $|  | $78218 |

---

------

---

| | |
|:---|:---|
| **TCW MetWest Unconstrained Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | June 30, 2025 |

---

The following is a summary of the fair valuations according to the inputs used as of June 30, 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—Non-Agency | $— | $737375985 | $— | $737375985 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 591122843 |  | 591122843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds\* |  | 523742273 |  | 523742273 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 330764172 | 2297628 | 333061800 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 255639262 | 19438826 | 275078088 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 136335413 |  |  | 136335413 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bank Loans\* |  | 107395256 |  | 107395256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 48426207 |  | 48426207 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 21847285 |  | 21847285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 6226394 |  | 6226394 |
|  Total Fixed Income Securities | 136335413 | 2622539677 | 21736454 | 2780611544 |
|  Convertible Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible Corporate Bonds\* |  | 4440135 |  | 4440135 |
|  Equity Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Money Market Investments | 116474007 |  |  | 116474007 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 35550747 |  |  | 35550747 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock\* | 5879234 | 3122909 | 6250 | 9008393 |
|  Total Equity Securities | 157903988 | 3122909 | 6250 | 161033147 |
|  Net Unrealized Appreciation (Depreciation) on Unfunded Commitments |  | 2872 |  | 2872 |
|  Total Investments | $294239401 | $2630105593 | $21742704 | $2946087698 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 1112474 |  | 1112474 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 2376866 |  |  | 2376866 |
|  Total | $296616267 | $2631218067 | $21742704 | $2949577038 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (10254725) |  |  | (10254725) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (7492542) |  | (7492542) |
|  Total | $(10254725) | $(7492542) | $— | $(17747267) |

---

\* See Schedule of Investments for corresponding industries.

------

**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, unless key inputs are unobservable; they would then be categorized as Level 3.

*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. To the extent that valuation adjustments are observable and timely, the fair values of futures contracts would be categorized as Level 2; otherwise the fair values would be categorized as Level 3.

*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.

*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 fair valuations according to the inputs used as of June 30, 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 MetWest High Yield Bond Fund** | **Bank Loans** | **Common Stock** | **Warrant** | **Total** |
|  Balance as of March 31, 2025 | $— | $451116 | $80 | $451196 |
|  Accrued Discounts (Premiums) |  |  |  |  |
|  Realized Gain (Loss) |  |  |  |  |
|  Change in Unrealized Appreciation (Depreciation) \* | (355886) |  | 4 | (355882) |
|  Purchases | 355886 |  |  | 355886 |
|  Sales |  |  |  |  |
|  Transfers in to Level 3 \* |  |  |  |  |
|  Transfers out of Level 3 \* |  | (451116) | (80) | (451196) |
|  Balance as of June 30, 2025 | $— | $— | $4 | $4 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2025 | $(355886) | $— | $4 | $(355882) |

---

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

---

| | | | |
|:---|:---|:---|:---|
| **TCW MetWest Investment Grade Credit Fund** | **Asset-Backed<br>Securities** | **Mortgage-Backed<br>Securities** | **Total** |
|  Balance as of March 31, 2025 | $28209 | $1 | $28210 |
|  Accrued Discounts (Premiums) |  |  |  |
|  Realized Gain (Loss) |  |  |  |
|  Change in Unrealized Appreciation (Depreciation)\* |  |  |  |
|  Purchases |  |  |  |
|  Sales |  |  |  |
|  Transfers into Level 3 \* |  |  |  |
|  Transfers out of Level 3 \* | (28209) | (1) | (28210) |
|  Balance as of June 30, 2025 | $— | $— | $— |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2025 | $— | $— | $— |

---

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

------

---

| | | |
|:---|:---|:---|
| **TCW MetWest Low Duration Bond Fund** | **Asset-Backed<br>Securities** | **Total** |
|  Balance as of March 31, 2025 | $4795600 | $4795600 |
|  Accrued Discounts (Premiums) |  |  |
|  Realized Gain (Loss) |  |  |
|  Change in Unrealized Appreciation (Depreciation) |  |  |
|  Purchases |  |  |
|  Sales |  |  |
|  Transfers in to Level 3 \* |  |  |
|  Transfers out of Level 3 \* | (4795600) | (4795600) |
|  Balance as of June 30, 2025 | $— | $— |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2025 | $— | $— |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **TCW MetWest Strategic Income Fund** | **Asset-Backed<br>Securities** | **Common Stock** | **Mortgage-Backed<br>Securities** | **Rights** | **Total** |
|  Balance as of March 31, 2025 | $94380 | $38008 | $230992 | $12889 | $376269 |
|  Accrued Discounts (Premiums) |  |  | (41) |  | (41) |
|  Realized Gain (Loss) |  |  | (1769) |  | (1769) |
|  Change in Unrealized Appreciation (Depreciation) |  |  | (48460) |  | (48460) |
|  Purchases |  |  | 50270 |  | 50270 |
|  Sales |  |  |  | (12889) | (12889) |
|  Transfers in to Level 3 \* |  |  |  |  |  |
|  Transfers out of Level 3 \* | (94380) | (38008) | (230992) |  | (363380) |
|  Balance as of June 30, 2025 | $— | $— | $— | $— | $— |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2025 | $— | $— | $(48460) | $— | $(48460) |

---

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

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TCW MetWest Total Return Bond Fund** | **Asset-**<br>**Backed<br>Securities** | **Common Stock** | **Corporates** | **Mortgage-<br>Backed<br>Securities** | **Rights** | **Total** |
|  Balance as of March 31, 2025 | $67302488 | $37537840 | $2829949 | $221183009 | $9338794 | $338192080 |
|  Accrued Discounts (Premiums) |  |  | (5140) |  |  | (5140) |
|  Realized Gain (Loss) |  |  | (7) |  |  | (7) |
|  Change in Unrealized Appreciation (Depreciation) |  |  | 10810 | 142238 |  | 153048 |
|  Purchases |  |  |  |  |  |  |
|  Sales | (1029275) |  | (70) | (687879) |  | (1717224) |
|  Transfers in to Level 3 \* |  |  |  |  |  |  |
|  Transfers out of Level 3 \* | (50503718) | (37537840) |  | (5426714) | (9338794) | (102807066) |
|  Balance as of June 30, 2025 | $15769495 | $— | $2835542 | $215210654 | $— | $233815691 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2025 | $— | $— | $10810 | $142238 | $— | $153048 |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TCW Metwest Unconstrained Bond Fund**  | **Asset-**<br>**Backed<br>Securities** | **Common<br>Stock** | **Corporates** | **Mortgage-<br>Backed<br>Securities** | **Rights** | **Total** |
|  Balance as of March 31, 2025 | $28546982 | $2905022 | $103518 | $4956661 | $494705 | $37006888 |
|  Accrued Discounts (Premiums) |  |  |  | (21177) |  | (21177) |
|  Realized Gain (Loss) |  |  |  |  |  |  |
|  Change in Unrealized Appreciation (Depreciation) \* | 1 | (2526) |  | 24955 |  | 22430 |
|  Purchases | 7921853 |  |  |  |  | 7921853 |
|  Sales | (672536) |  |  | (23165) |  | (695701) |
|  Transfers in to Level 3 \* |  |  |  | 12 |  | 12 |
|  Transfers out of Level 3 \* | (16357474) | (2896246) | (103518) | (2639658) | (494705) | (22491601) |
|  Balance as of June 30, 2025 | $19438826 | $6250 | $— | $2297628 | $— | $21742704 |
|  Change in Unrealized Appreciation (Depreciation) from Investments Still Held at June 30, 2025 | $1 | $(2526) | $— | $24955 | $— | $22430 |

---

\* 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 June 30, 2025 are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **HIGH YIELD BOND FUND** | **Fair Value<br>at 6/30/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Bank Loans | $0 | Zero Market Value | Fair Value | $0.000 | $0.000 | Increase |
|  Warrants | 4 | Zero Market Value | Fair Value | 0.000 | 0.000 | Increase |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **STRATEGIC INCOME FUND** | **Fair Value<br>at 6/30/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Mortgage-Backed Securities | $0 | Third-Party Vendor | Vendor Prices | $0.001 | $0.001 | Increase |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL RETURN BOND FUND** | **Fair Value<br>at 6/30/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $15769495 | Broker Quote | Offered Quote | $100.00 | $100.00 | Increase |
|  Corporate Bonds | 2835542 | Third-Party Vendor | Vendor Prices | 96.347 | 96.347 | Increase |
|  Mortgage-Backed Securities | 215210654 | Broker Quote | Offered Quote | 98.880 to 99.920 | 99.483 | Increase |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **UNCONSTRAINED BOND FUND** | **Fair Value<br>at 6/30/2025** | **Valuation<br>Techniques\*** | **Unobservable<br>Input** | **Price or Price<br>Range** | **Average<br>Weighted<br>Price** | **Input to<br>Valuation<br>If Input<br>Increases** |
|  Asset-Backed Securities | $19438825 | Broker Quote | Offered Quote | $100.000 | $70.844 | Increase |
|  Asset-Backed Securities | 1 | Zero Market Value | Fair Value | 0.000 | 0.000 | Increase |
|  Common Stock | 6250 | Third-Party Vendor | Vendor Prices | 0.015 | 0.015 | Increase |
|  Commercial Mortgage-Backed Securities — Non-Agency | 10 | Third-Party Vendor | Vendor Prices | 0.001 | 0.001 | Increase |
|  Commercial Mortgage-Backed Securities — Non-Agency | 2297618 | Broker Quote | Offered Quote | 98.88 | 98.88 | 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 the Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), or Federal National Mortgage Corporation (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 June 30, 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 June 30, 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 June 30, 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 June 30, 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 forward currency exchange contracts at June 30, 2025 are disclosed in the Schedules 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 June 30, 2025 to help manage interest rate duration of those Funds. Futures contracts outstanding at June 30, 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. Purchased swaptions held at June 30, 2025 are disclosed in the Schedules of Investments.

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 June 30, 2025, the TCW MetWest Interest Grade Credit Fund, TCW MetWest Low Duration Bond Fund, TCW MetWest Total Return Bond Fund and TCW MetWest Ultra Short 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 – Transactions with Affiliates** 

The summary of each Fund's transactions in affiliated funds for the period ended June 30, 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. Restricted securities held by the Funds at June 30, 2025 are listed below:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issuer Description** | **Acquisition<br>Date** | **Acquisition<br>Cost** | **Aggregate<br>Value** | **Percentage of<br>Net Assets** |
|  **TCW MetWest Investment Grade Credit Fund** |  |  |  |  |
|  GS Mortgage Securities Trust Series 2010-C1, Class X (I/O) | 1/17/2020 | $2313571 | $34 | 0.00% |
|  **TCW MetWest Total Return Bond Fund** |  |  |  |  |
|  BAMLL Commercial Mortgage Securities Trust Series 2018-PARK, Class A | 8/23/2018 | 99295000 | 119636632 | 0.37% |
|  SHOW 2022-BIZ A, Series 2022-BIZ, Class A | 2/24/2022 | 68000000 | 60680868 | 0.19% |
|  **TCW MetWest Unconstrained Bond Fund** |  |  |  |  |
|  Invesco U.S. CLO Ltd. Series 2024-4A, Class Y | 11/25/2024 | 8000000 | 1 | 0.00% |

---

**Note 5 – Commitments and Contingencies** 

The following Funds had unfunded commitments and unrealized gain (loss) by investment as of June 30, 2025:

**TCW MetWest High Yield Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED**<br>**GAIN (LOSS)** |
|  American Rock Salt Company LLC, 2024 First Out Delayed Draw Term | 06/09/28 | $440276 | $3302 |
|  DG Investment Intermediate Holdings, 2024 Delayed Draw Term Loan | 03/31/28 | 61328 | (25) |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 73889 | 555 |
|  |  | 575493 | 3832 |

---

**TCW MetWest Low Duration Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED**<br>**GAIN (LOSS)** |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | $17733 | $133 |
|  |  | 17733 | 133 |

---

**TCW MetWest Total Return Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED**<br>**GAIN (LOSS)** |
|  Amspec Parent LLC, 2024 Delayed Draw Term Loan | 12/22/31 | $230475 | $67 |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 962033 | 7216 |
|  |  | 1192508 | 7283 |

---

**TCW MetWest Unconstrained Bond Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **UNFUNDED COMMITMENTS** | **MATURITY** | **AMOUNT** | **UNREALIZED**<br>**GAIN (LOSS)** |
|  American Rock Salt Company LLC, 2024 First Out Delayed Draw Term | 06/09/28 | $285664 | $2143 |
|  Amspec Parent LLC, 2024 Delayed Draw Term Loan | 12/22/31 | 38667 | 11 |
|  DG Investment Intermediate Holdings, 2024 Delayed Draw Term Loan | 03/31/28 | 33606 | (14) |
|  Kelso Industries LLC, Delayed Draw Term Loan | 12/30/29 | 97533 | 732 |
|  |  | 455470 | 2872 |

---

## 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 Metropolitan West Funds

- **b. Investment Company Act file number:** 811-07989

- **c. CIK number of Registrant:** 0001028621

- **d. LEI of Registrant:** 549300KGDNJW6FXNDC82

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

  - **Street Address 1:** METROPOLITAN WEST ASSET MANAGEMENT

  - **City:** LOS ANGELES

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017

  - **Telephone number:** 800-241-4671

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

- **a. Name of Series:** TCW METWEST Sustainable Securitized Fund

- **b. EDGAR series identifier (if any):** S000072616

- **c. LEI of Series:** 5493007BOBK76VC22487

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $21313535.16

**Total Liabilities:** $2818603.56

**Net Assets:** $18494931.60

**Delayed Delivery Securities:** $3997.59

**Cash Not Reported:** $58860.12

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -36.02000000 | **1-Year:** -467.92000000 | **5-Year:** -1069.66000000 | **10-Year:** -461.54000000 | **30-Year:** -43.78000000

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

- **3-Month:** -18.03000000 | **1-Year:** -186.51000000 | **5-Year:** -465.00000000 | **10-Year:** -145.16000000 | **30-Year:** -134.62000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228996 | 0.23%                | -0.51%               | 1.70%                |
| Class ID C000228997 | 0.24%                | -0.49%               | 1.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-14349.04               | $-38286.21                                 |
| Month 2  | $-12880.47               | $-66226.63                                 |
| Month 3  | $26046.73                | $166738.16                                 |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Mortgage-Backed Securities (MBS) Index

- **Index Identifier:** LUMSSTAT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| J.G. Wentworth XLII LLC                          | JG Wentworth XLII LLC                                            | CUSIP: 46590UAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185418 | PA      | $168474.93    | 0.91%             | 2077-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                                  | Allegro CLO XI Ltd                                               | CUSIP: 01750HAU6<br>LEI: 2549008FHFGEJOVBP855 | Long             | ABS-CBDO         | CORP              | KY        |     35000 | PA      | $35046.90     | 0.19%             | 2033-01-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                           | Mosaic Solar Loan Trust 2020-2                                   | CUSIP: 61946PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     39439 | PA      | $33522.92     | 0.18%             | 2046-08-20      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-3   | CUSIP: 59024VAH2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     43363 | PA      | $43480.40     | 0.24%             | 2037-06-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                       | Progress Residential 2021-SFR3                                   | CUSIP: 74333VAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     40000 | PA      | $39336.49     | 0.21%             | 2026-05-17      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC Series 2019-UVIL                                            | CUSIP: 12656DAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $85279.18     | 0.46%             | 2041-12-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                           | Cascade MH Asset Trust 2021-MH1                                  | CUSIP: 14731QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     54467 | PA      | $49838.69     | 0.27%             | 2046-02-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                       | CUSIP: 21H052678<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    450000 | PA      | $450621.00    | 2.44%             | 2054-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Aventura Mall Trust                              | Aventura Mall Trust                                              | CUSIP: 05359AAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90000 | PA      | $87298.79     | 0.47%             | 2040-07-05      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Hudson Yards                                     | Hudson Yards 2019-55HY Mortgage Trust                            | CUSIP: 44421MAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $84721.47     | 0.46%             | 2041-12-10      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                                 | ALLO Issuer LLC                                                  | CUSIP: 01983KAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $103774.64    | 0.56%             | 2054-07-20      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                          | Dryden 40 Senior Loan Fund                                       | CUSIP: 26244GAS4<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | KY        |     34820 | PA      | $34870.89     | 0.19%             | 2031-08-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F032674<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     25000 | PA      | $22516.44     | 0.12%             | 2054-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                        | CIM Trust 2020-R6                                                | CUSIP: 12560YAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43392 | PA      | $39713.39     | 0.21%             | 2060-12-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR ULTRA FUT SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        17 | NC      | $56038.31     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140QMJU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    138401 | PA      | $115932.55    | 0.63%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3132DVKY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28818 | PA      | $26430.70     | 0.14%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Commercial Mortgage Trust 2024-VLT5                           | CUSIP: 05614JAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102830.37    | 0.56%             | 2046-11-13      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                               | CUSIP: 31396F4J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41828 | PA      | $41475.29     | 0.22%             | 2035-11-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| CPT MORTGAGE TRUST                               | Century Plaza Towers 2019-CPT                                    | CUSIP: 12654YAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $127802.60    | 0.69%             | 2039-11-13      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KMEZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    196915 | PA      | $172214.32    | 0.93%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2020-MH1                               | CUSIP: 89178YAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     85715 | PA      | $83630.29     | 0.45%             | 2060-02-25      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384CUA5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     51879 | PA      | $52104.38     | 0.28%             | 2053-08-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers Jersey Borrower SPV Limited | Vantage Data Centers Jersey Borrower Spv Ltd                     | CUSIP: 000000000<br>LEI: 213800S5S638C9IBQ379 | Long             | ABS-O            | CORP              | JE        |    100000 | PA      | $140866.97    | 0.76%             | 2039-05-28      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC             | SoFi Professional Loan Program 2021-B Trust                      | CUSIP: 83405NAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     29363 | PA      | $25599.30     | 0.14%             | 2047-02-15      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| NYO Commercial Mortgage Trust                    | NYO Commercial Mortgage Trust 2021-1290                          | CUSIP: 62955HAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $147386.18    | 0.80%             | 2038-11-15      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD GBP                                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $-7606.57     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors                     | State Street Institutional US Government Money Market Fund       | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     77854 | NS      | $77853.68     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC         | Avis Budget Rental Car Funding AESOP LLC 2021                    | CUSIP: 05377REU4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |     30000 | PA      | $29016.64     | 0.16%             | 2028-02-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2020-1 Ltd                                              | CUSIP: 92918EAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $50088.95     | 0.27%             | 2034-07-16      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD                  | Golub Capital Partners CLO 50B-R Ltd                             | CUSIP: 38178DAC1<br>LEI: 254900N3E7Y6I5DRGW52 | Long             | ABS-CBDO         | CORP              | JE        |     70000 | PA      | $70036.26     | 0.38%             | 2035-04-20      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2012-2                                    | CUSIP: 78446YAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     28223 | PA      | $27609.98     | 0.15%             | 2029-01-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2025-3                                | CUSIP: 924928AE4<br>LEI: 213800DYYV3EM7TSTN14 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101561.54    | 0.55%             | 2070-05-25      | Variable      | 7.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                              | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    395000 | PA      | $395709.77    | 2.14%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KN2Y8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     84141 | PA      | $69951.30     | 0.38%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140XGPU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139487 | PA      | $111142.80    | 0.60%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133A2L73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     56465 | PA      | $49819.42     | 0.27%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                    | MHC Trust 2021-MHC2                                              | CUSIP: 55293AAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80000 | PA      | $80034.62     | 0.43%             | 2038-05-15      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Hudson Yards                                     | Hudson Yards 2019-30HY Mortgage Trust                            | CUSIP: 44421GAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $90953.08     | 0.49%             | 2039-07-10      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                        | CIM Trust 2019-R4                                                | CUSIP: 12556FAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    146637 | PA      | $136672.96    | 0.74%             | 2059-10-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F030678<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     75000 | PA      | $64899.49     | 0.35%             | 2054-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US ULTRA BOND CBT SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         6 | NC      | $35331.93     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Stack Infrastructure Issuer LLC                  | Stack Infrastructure Issuer LLC                                  | CUSIP: 85236KAE2<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    138000 | PA      | $134796.43    | 0.73%             | 2046-03-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                       | CUSIP: 21H042679<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    425000 | PA      | $406794.49    | 2.20%             | 2054-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch Large Loan Inc     | BAMLL Commercial Mortgage Securities Trust 2018-PARK             | CUSIP: 05491YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97320.94     | 0.53%             | 2038-08-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384WTH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    105469 | PA      | $105533.32    | 0.57%             | 2054-09-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                               | CUSIP: 3137AWXG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8671 | PA      | $8405.72      | 0.05%             | 2027-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140QPVD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    105837 | PA      | $101587.74    | 0.55%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                         | Vantage Data Centers Issuer LLC                                  | CUSIP: 92212KAB2<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $49613.63     | 0.27%             | 2045-09-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | JP Morgan Chase Commercial Mortgage Securities Trust 2025-BMS    | CUSIP: 46596CAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109000 | PA      | $109652.28    | 0.59%             | 2042-01-15      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| NYO Commercial Mortgage Trust                    | NYO Commercial Mortgage Trust 2021-1290                          | CUSIP: 62955HAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $139364.64    | 0.75%             | 2038-11-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch First Franklin Mortgage Loan Trust | Merrill Lynch First Franklin Mortgage Loan Trust Series 2007-2   | CUSIP: 59024QAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11622 | PA      | $8391.58      | 0.05%             | 2037-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KKU23<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     82920 | PA      | $66231.86     | 0.36%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140X8ZU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    136172 | PA      | $108721.75    | 0.59%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Shops at Crystals Trust 2016-CSTL                | Shops at Crystals Trust 2016-CSTL                                | CUSIP: 82510WAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50000 | PA      | $48760.74     | 0.26%             | 2036-07-05      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| NYC Trust                                        | NYCT Trust 2024-3ELV                                             | CUSIP: 62956HAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99292.93     | 0.54%             | 2029-08-15      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384ELE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     77649 | PA      | $77328.02     | 0.42%             | 2053-08-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                        | CIM Trust 2021-R3                                                | CUSIP: 12566LAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    113631 | PA      | $105171.57    | 0.57%             | 2057-06-25      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                          | HPS Loan Management 2021-16 Ltd                                  | CUSIP: 40440XAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $50080.45     | 0.27%             | 2035-01-23      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXIX Ltd                                   | CUSIP: 55821LAL8<br>LEI: 254900K0MU6TXERK4I83 | Long             | ABS-CBDO         | CORP              | KY        |    105000 | PA      | $105206.64    | 0.57%             | 2034-10-22      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                                  | Allegro CLO X Ltd                                                | CUSIP: 01750FAU0<br>LEI: 254900MQVJ2U7KN3HP03 | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $50069.80     | 0.27%             | 2032-04-20      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2019-HY2                               | CUSIP: 89177HAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $110755.12    | 0.60%             | 2058-05-25      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                        | CUSIP: 31424UGV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    178493 | PA      | $23589.09     | 0.13%             | 2052-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140XADE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86998 | PA      | $69957.28     | 0.38%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                               | CUSIP: 3137HHFL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    180844 | PA      | $181256.18    | 0.98%             | 2054-11-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F042673<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    175000 | PA      | $167406.49    | 0.91%             | 2054-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                    | MHC Trust 2021-MHC2                                              | CUSIP: 55293AAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    118640 | PA      | $118670.71    | 0.64%             | 2038-05-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F040677<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    225000 | PA      | $209275.76    | 1.13%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Student Loan Trust 2017-1                                | CUSIP: 63940NAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     88958 | PA      | $89328.12     | 0.48%             | 2066-07-26      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3132DWB51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46837 | PA      | $37270.34     | 0.20%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2015-3 Ltd                                              | CUSIP: 92913UBC9<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |     26571 | PA      | $26580.81     | 0.14%             | 2031-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                                 | ALLO Issuer LLC                                                  | CUSIP: 01983KAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120000 | PA      | $130039.58    | 0.70%             | 2054-07-20      | Fixed         | 11.19%                | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust                              | DBGS 2021-W52 Mortgage Trust                                     | CUSIP: 23308LAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $96830.21     | 0.52%             | 2036-10-15      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        17 | NC      | $14056.73     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MKT 2020-525M Mortgage Trust                     | MKT 2020-525M Mortgage Trust                                     | CUSIP: 55316PAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $78297.35     | 0.42%             | 2040-02-12      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                                | PRPM 2024-RPL1 LLC                                               | CUSIP: 69380XAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $143593.37    | 0.78%             | 2064-12-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                              | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    485000 | PA      | $486913.48    | 2.63%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  1 | On Loan: No      |
| Madison Avenue Trust                             | Eleven Madison Trust 2015-11MD Mortgage Trust                    | CUSIP: 556227AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23000 | PA      | $22708.91     | 0.12%             | 2035-09-10      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2022-I Ltd                                          | CUSIP: 12570LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $50125.00     | 0.27%             | 2035-04-17      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Gracechurch Mortgage Finance Plc                 | Grace Trust 2020-GRCE                                            | CUSIP: 38406JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $87954.52     | 0.48%             | 2040-12-10      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BXHPP TRUST                                      | BXHPP Trust 2021-FILM                                            | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $135150.60    | 0.73%             | 2036-08-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                               | CUSIP: 36180AB85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     73481 | PA      | $70467.54     | 0.38%             | 2054-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BGME Trust                                       | BGME Trust 2021-VR                                               | CUSIP: 05551XAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $75994.69     | 0.41%             | 2043-01-10      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                      | Legacy Mortgage Asset Trust 2021-GS4                             | CUSIP: 52475WAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43997 | PA      | $44022.42     | 0.24%             | 2060-11-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Hudson Yards                                     | Hudson Yards 2025-SPRL Mortgage Trust                            | CUSIP: 44855PAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $103710.38    | 0.56%             | 2040-01-13      | Variable      | 7.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust            | Wells Fargo Commercial Mortgage Trust 2024-SVEN                  | CUSIP: 949937AD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50000 | PA      | $50597.87     | 0.27%             | 2037-06-10      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| Frost CMBS                                       | Frost CMBS 2021-1 DAC                                            | CUSIP: 000000000<br>LEI: 635400USRLUMX8CQN243 | Long             | ABS-MBS          | CORP              | IE        |     96095 | PA      | $131046.92    | 0.71%             | 2033-11-20      | Floating      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                  | TEXAS Commercial Mortgage Trust 2025-TWR                         | CUSIP: 88231WAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100416.86    | 0.54%             | 2042-04-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                        | Nelnet Student Loan Trust 2012-1                                 | CUSIP: 64032AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98766.07     | 0.53%             | 2042-06-25      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                   | Morgan Stanley Capital I Trust 2021-PLZA                         | CUSIP: 61773PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $93946.09     | 0.51%             | 2043-11-09      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3132DWD34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     81595 | PA      | $76127.90     | 0.41%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust Series 2025-CES2                        | CUSIP: 46595TAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100806.59    | 0.55%             | 2055-06-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| CSMCM Trust Certificates                         | CSMCM 2021-RPL11 Trust                                           | CUSIP: 12658QAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68568 | PA      | $53106.98     | 0.29%             | 2061-10-27      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3132DWNJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    118461 | PA      | $118579.35    | 0.64%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384PC32<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    133055 | PA      | $132936.24    | 0.72%             | 2054-06-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                          | Freddie Mac Multifamily ML Certificates                          | CUSIP: 35833TAB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1058896 | PA      | $94135.88     | 0.51%             | 2041-07-25      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38381JMQ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2540793 | PA      | $45688.54     | 0.25%             | 2057-07-16      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch Large Loan Inc     | BAMLL Commercial Mortgage Securities Trust 2015-ASTR             | CUSIP: 05490RAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $92877.32     | 0.50%             | 2037-07-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-RPL9 Trust                                             | CUSIP: 12658XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68584 | PA      | $67971.58     | 0.37%             | 2061-02-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Soundview Home Equity Loan Trust                 | Soundview Home Loan Trust 2007-OPT2                              | CUSIP: 83613DAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    127322 | PA      | $103720.53    | 0.56%             | 2037-07-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KNHD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19996 | PA      | $16645.95     | 0.09%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                       | CUSIP: 21H022671<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    475000 | PA      | $403800.35    | 2.18%             | 2054-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RIDE 2025-SHRE                                   | RIDE 2025-SHRE                                                   | CUSIP: 765692AG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102037.06    | 0.55%             | 2047-02-14      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                        | CUSIP: 31423XMX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    306744 | PA      | $39760.72     | 0.21%             | 2050-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 31418D3G5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    146674 | PA      | $116857.74    | 0.63%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII              | Bayview Opportunity Master Fund VII 2024-EDU1 LLC                | CUSIP: 07336PAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     32418 | PA      | $33079.69     | 0.18%             | 2047-06-25      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133A3PB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66562 | PA      | $58688.20     | 0.32%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2023-LIFE                                               | CUSIP: 05609DAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97935.78     | 0.53%             | 2028-02-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                | CUSIP: 3136BTTR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    194216 | PA      | $193259.82    | 1.04%             | 2054-11-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                           | Cascade MH Asset Trust 2019-MH1                                  | CUSIP: 14732FAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     34599 | PA      | $33042.98     | 0.18%             | 2044-11-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384QBK3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     93667 | PA      | $93558.54     | 0.51%             | 2054-06-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3138ERJL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    104060 | PA      | $93287.92     | 0.50%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD GBP                                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $-783.99      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Manhattan West                                   | Manhattan West 2020-1MW Mortgage Trust                           | CUSIP: 563136AJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50000 | PA      | $46365.28     | 0.25%             | 2039-09-10      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |
| BXP Trust                                        | BXP Trust 2017-GM                                                | CUSIP: 056083AJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $95354.11     | 0.52%             | 2039-06-13      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| Loanpal Solar Loan Ltd.                          | Loanpal Solar Loan 2021-1 Ltd                                    | CUSIP: 53948PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    128041 | PA      | $107033.95    | 0.58%             | 2048-01-20      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust                                        | CUSIP: 89171DAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     45000 | PA      | $43272.69     | 0.23%             | 2053-10-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384NWA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     99162 | PA      | $98839.94     | 0.53%             | 2054-05-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                           | Switch ABS Issuer LLC                                            | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $76535.55     | 0.41%             | 2054-03-25      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                          | Dryden 72 CLO Ltd                                                | CUSIP: 26252NAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    115000 | PA      | $115299.58    | 0.62%             | 2032-05-15      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| BINOM Securitization Trust                       | BINOM Securitization Trust 2022-RPL1                             | CUSIP: 05552CAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50000 | PA      | $40695.38     | 0.22%             | 2061-02-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-RPL3 Trust                                             | CUSIP: 12661GAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90000 | PA      | $71086.32     | 0.38%             | 2060-01-25      | Variable      | 4.01%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38380RNX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    685066 | PA      | $54356.18     | 0.29%             | 2061-01-16      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KPLY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103192 | PA      | $96291.60     | 0.52%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 280 Park Avenue Mortgage Trust                   | 280 Park Avenue 2017-280P Mortgage Trust                         | CUSIP: 90205FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     58000 | PA      | $57489.14     | 0.31%             | 2034-09-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                 | Freddie Mac Strips                                               | CUSIP: 31325YBW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    185467 | PA      | $24869.69     | 0.13%             | 2052-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) SEP25                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -11 | NC      | $-12908.97    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Symphony CLO Ltd                                 | Symphony CLO XIX Ltd                                             | CUSIP: 87165YAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $50067.50     | 0.27%             | 2031-04-16      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140MRAA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81583 | PA      | $76104.19     | 0.41%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                         | Ajax Mortgage Loan Trust 2021-F                                  | CUSIP: 009703AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     48951 | PA      | $48812.95     | 0.26%             | 2061-06-25      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 39, LTD.             | Octagon Investment Partners 39 Ltd                               | CUSIP: 67592CAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     29995 | PA      | $30010.06     | 0.16%             | 2030-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3132DVL60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    122909 | PA      | $99009.11     | 0.54%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140XGX46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92278 | PA      | $73143.40     | 0.40%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                       | CUSIP: 21H040673<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    325000 | PA      | $302165.01    | 1.63%             | 2054-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EdgeConneX Data Centers Issuer, LLC              | Edgeconnex Data Centers Issuer LLC                               | CUSIP: 28000XAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     47458 | PA      | $45876.81     | 0.25%             | 2052-03-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management                              | HPS Loan Management 15-2019 Ltd                                  | CUSIP: 40439DAN8<br>LEI: 254900T9FXVALKHZXT96 | Long             | ABS-CBDO         | CORP              | JE        |     60000 | PA      | $60037.20     | 0.32%             | 2035-01-22      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust 2021-909           | NYC Commercial Mortgage Trust 2021-909                           | CUSIP: 67076XAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $80236.62     | 0.43%             | 2043-04-10      | Variable      | 3.31%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                  | Aligned Data Centers Issuer LLC                                  | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $169194.71    | 0.91%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384WM28<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    106403 | PA      | $106498.18    | 0.58%             | 2054-09-20      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust                    | NYC Commercial Mortgage Trust 2025-1155                          | CUSIP: 67122BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177000 | PA      | $178166.25    | 0.96%             | 2042-06-10      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| SFO Commerical Mortgage Trust                    | SFO Commercial Mortgage Trust 2021-555                           | CUSIP: 78432WAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99380.59     | 0.54%             | 2038-05-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| NYC Trust                                        | NYCT Trust 2024-3ELV                                             | CUSIP: 62956HAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99535.68     | 0.54%             | 2029-08-15      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                               | CUSIP: 36179XLG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    112879 | PA      | $109017.82    | 0.59%             | 2052-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384JJZ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    136266 | PA      | $136711.22    | 0.74%             | 2054-02-20      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2024-INV2                             | CUSIP: 92540NAE3<br>LEI: 2138002Y4WGHSN8NFF24 | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98772.59     | 0.53%             | 2069-08-26      | Fixed         | 6.93%                 | No            |                  2 | On Loan: No      |
| Park Avenue Trust                                | 245 Park Avenue Trust 2017-245P                                  | CUSIP: 90187LAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $93626.38     | 0.51%             | 2037-06-05      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXVII Ltd                                   | CUSIP: 55820YAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $150540.00    | 0.81%             | 2038-04-20      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| MFT Trust                                        | MFT 2020-B6 Mortgage Trust                                       | CUSIP: 55316TAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $102630.05    | 0.55%             | 2040-08-10      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| 280 Park Avenue Mortgage Trust                   | 280 Park Avenue 2017-280P Mortgage Trust                         | CUSIP: 90205FAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97362.59     | 0.53%             | 2034-09-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| J.G. Wentworth XXXIX LLC                         | J.G. Wentworth XXXIX LLC                                         | CUSIP: 46620VAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    154797 | PA      | $139985.38    | 0.76%             | 2074-09-17      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2020-MH1                               | CUSIP: 89178YBX1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $117396.39    | 0.63%             | 2060-02-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140KLLG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    114088 | PA      | $91209.16     | 0.49%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2014-4 Ltd                                              | CUSIP: 92914RBA9<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-CBDO         | CORP              | KY        |     50000 | PA      | $50122.55     | 0.27%             | 2031-07-14      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Commercial Mortgage Trust 2022-AHP                            | CUSIP: 05610FAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99659.55     | 0.54%             | 2039-01-17      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| SLG Office Trust                                 | SLG Office Trust 2021-OVA                                        | CUSIP: 78449RAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $122558.76    | 0.66%             | 2041-07-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                   | SWCH Commercial Mortgage Trust 2025-DATA                         | CUSIP: 78489CAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     25000 | PA      | $24792.51     | 0.13%             | 2042-02-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Inflation-Indexed Notes                            | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    168722 | PA      | $171533.34    | 0.93%             | 2035-01-15      | Fixed         | 2.13%                 | No            |                  1 | On Loan: No      |
| PRKCM Trust                                      | PRKCM 2021-AFC1 Trust                                            | CUSIP: 69357TAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     31420 | PA      | $26085.39     | 0.14%             | 2056-08-25      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                        | CUSIP: 31422M2E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101430 | PA      | $13192.98     | 0.07%             | 2050-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TTAN                                             | TTAN 2021-MHC                                                    | CUSIP: 87303TAQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76904 | PA      | $77063.06     | 0.42%             | 2038-03-15      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                | CUSIP: 3136BU2D1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94173 | PA      | $94249.32     | 0.51%             | 2055-03-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| TCW Central Cash Fund                            | TCW Central Cash Fund                                            | CUSIP: 872365671<br>LEI: 2549003KPNUIFJCJM366 | Long             | EC               | RF                | US        |    280441 | NS      | $280440.58    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KREST Commercial Mortgage Securities Trust       | KREST Commercial Mortgage Securities Trust 2021-CHIP             | CUSIP: 50085PAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    125000 | PA      | $85940.56     | 0.46%             | 2044-11-05      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| 1211 Avenue of the Americas Trust                | 1211 Avenue of the Americas Trust 2015-1211                      | CUSIP: 90117PAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23000 | PA      | $22076.63     | 0.12%             | 2035-08-10      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust | GoodLeap Sustainable Home Solutions Trust 2022-1                 | CUSIP: 38237JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     66806 | PA      | $57780.58     | 0.31%             | 2049-01-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38380RXJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    596707 | PA      | $49446.32     | 0.27%             | 2063-03-16      | Variable      | 1.29%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-ICON | CUSIP: 46650RAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10000000 | PA      | $36152.00     | 0.20%             | 2034-01-05      | Variable      | 0.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                | CUSIP: 3136B4B64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    156355 | PA      | $145469.55    | 0.79%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                        | CUSIP: 31423XZ61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    220817 | PA      | $29145.65     | 0.16%             | 2052-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                      | OCP CLO Ltd                                                      | CUSIP: 671026AJ1<br>LEI: 2549004IE8HHQL34D058 | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $149421.00    | 0.81%             | 2037-01-17      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2019-2                                 | CUSIP: 89177JAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $86355.49     | 0.47%             | 2058-12-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-1NYP               | One New York Plaza Trust 2020-1NYP                               | CUSIP: 68249DAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $144838.14    | 0.78%             | 2036-01-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                   | Morgan Stanley Capital I Trust 2021-PLZA                         | CUSIP: 61773PAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $127172.76    | 0.69%             | 2043-11-09      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 31418EJ50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116482 | PA      | $108605.83    | 0.59%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust                    | Life 2021-BMR Mortgage Trust                                     | CUSIP: 53218CAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10680 | PA      | $10623.57     | 0.06%             | 2038-03-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                        | CUSIP: 31422M2D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    143778 | PA      | $18973.66     | 0.10%             | 2051-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2021-ARIA                                               | CUSIP: 05608RAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99303.65     | 0.54%             | 2036-10-15      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| CHI Commercial Mortgage Trust                    | CHI Commercial Mortgage Trust 2025-SFT                           | CUSIP: 16706GAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102058.34    | 0.55%             | 2042-04-15      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                  | CUSIP: 3140MQCP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     82625 | PA      | $74563.27     | 0.40%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KMQG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    167508 | PA      | $139726.49    | 0.76%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2025-1                                | CUSIP: 92540TAE0<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-MBS          | CORP              | US        |     24000 | PA      | $24051.29     | 0.13%             | 2070-01-25      | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2020-RPL4 Trust                                             | CUSIP: 126405AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51934 | PA      | $46918.95     | 0.25%             | 2060-01-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                   | SWCH Commercial Mortgage Trust 2025-DATA                         | CUSIP: 78489CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $158939.36    | 0.86%             | 2042-02-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2024-BIO                                                | CUSIP: 05612AAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65000 | PA      | $64944.48     | 0.35%             | 2041-02-15      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                         | Neuberger Berman Loan Advisers Clo 50 Ltd                        | CUSIP: 64134VAS5<br>LEI: 549300UMYON6L2REF246 | Long             | ABS-CBDO         | CORP              | JE        |     80000 | PA      | $80087.04     | 0.43%             | 2036-07-23      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133AYBJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    121448 | PA      | $96472.97     | 0.52%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                                              | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    505000 | PA      | $502277.74    | 2.72%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  1 | On Loan: No      |
| NY Commercial Mortgage Trust                     | NY Commercial Mortgage Trust 2025-299P                           | CUSIP: 62957FAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     44000 | PA      | $45324.98     | 0.25%             | 2047-02-10      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                               | CUSIP: 36179XTC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    108841 | PA      | $107341.51    | 0.58%             | 2053-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                                 | ALLO Issuer LLC                                                  | CUSIP: 01983KAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $106940.54    | 0.58%             | 2053-06-20      | Fixed         | 12.18%                | No            |                  2 | On Loan: No      |
| CART                                             | CONE Trust 2024-DFW1                                             | CUSIP: 20682AAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50000 | PA      | $50267.05     | 0.27%             | 2041-08-15      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                              | CUSIP: 91282CNL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    169000 | PA      | $169112.23    | 0.91%             | 2027-06-30      | Fixed         | 3.75%                 | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133AT4E8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    118559 | PA      | $99582.34     | 0.54%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GoodLeap Home Improvement Solutions Trust        | GoodLeap Home Improvement Solutions Trust 2025-2                 | CUSIP: 38238FAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $50576.87     | 0.27%             | 2049-06-20      | Fixed         | 8.16%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust 2021-909           | NYC Commercial Mortgage Trust 2021-909                           | CUSIP: 67076XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $86113.68     | 0.47%             | 2043-04-10      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation            | AMMC CLO 30 Ltd                                                  | CUSIP: 03165UAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $150478.20    | 0.81%             | 2037-01-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| CART                                             | CONE Trust 2024-DFW1                                             | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     59000 | PA      | $58872.43     | 0.32%             | 2041-08-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Park Avenue Trust                                | 245 Park Avenue Trust 2017-245P                                  | CUSIP: 90187LAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $96049.96     | 0.52%             | 2037-06-05      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD GBP                                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |         1 | NC      | $-2905.55     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| DOLP Trust                                       | DOLP Trust 2021-NYC                                              | CUSIP: 23345LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $89140.02     | 0.48%             | 2041-05-10      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| 1211 Avenue of the Americas Trust                | 1211 Avenue of the Americas Trust 2015-1211                      | CUSIP: 90117PAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $94979.88     | 0.51%             | 2035-08-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                           | Switch ABS Issuer LLC                                            | CUSIP: 871044AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101218.16    | 0.55%             | 2054-03-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UK Logisitics                                    | UK Logistics 2025-1 DAC                                          | CUSIP: 000000000<br>LEI: 635400LLQ82YFJBFFU27 | Long             | ABS-MBS          | CORP              | GB        |    100000 | PA      | $137505.50    | 0.74%             | 2035-05-17      | Floating      | 6.85%                 | Yes           |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                    | MHC Trust 2021-MHC2                                              | CUSIP: 55293AAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112000 | PA      | $112038.11    | 0.61%             | 2038-05-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                               | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    116794 | PA      | $109611.25    | 0.59%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                       | CUSIP: 21H050672<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    475000 | PA      | $466655.44    | 2.52%             | 2054-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                      | Legacy Mortgage Asset Trust 2021-GS5                             | CUSIP: 52475XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    144762 | PA      | $144595.62    | 0.78%             | 2067-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                            | CUSIP: 01F050676<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    150000 | PA      | $147050.63    | 0.80%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cascade MH Asset Trust                           | Cascade MH Asset Trust 2022-MH1                                  | CUSIP: 14732KAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     83501 | PA      | $81061.38     | 0.44%             | 2054-08-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2023-INV2 Trust                                              | CUSIP: 59319BAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30000 | PA      | $30014.69     | 0.16%             | 2058-10-25      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                         | Madison Park Funding XXXVI Ltd                                   | CUSIP: 55819PBG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $99614.70     | 0.54%             | 2035-04-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                 | CUSIP: 3133KMW84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    124809 | PA      | $99767.48     | 0.54%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                           | Rockford Tower CLO 2020-1 Ltd                                    | CUSIP: 77341EBA2<br>LEI: 5493009YDNBJVFWX7747 | Long             | ABS-CBDO         | CORP              | KY        |     70000 | PA      | $70018.13     | 0.38%             | 2036-01-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| TTAN                                             | TTAN 2021-MHC                                                    | CUSIP: 87303TAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80750 | PA      | $80825.07     | 0.44%             | 2038-03-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-RPL4 Trust                                             | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60429 | PA      | $60230.82     | 0.33%             | 2060-12-27      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                         | CUSIP: 38384PYX2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     79601 | PA      | $79528.64     | 0.43%             | 2054-06-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| GoodLeap Home Improvement Solutions Trust        | GoodLeap Home Improvement Solutions Trust 2024-1                 | CUSIP: 381935AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     88023 | PA      | $89115.56     | 0.48%             | 2046-10-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                | CUSIP: 3136BS5X9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88291 | PA      | $88239.84     | 0.48%             | 2054-10-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                            | CUSIP: 3132XCR56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32380 | PA      | $29856.77     | 0.16%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** TCW Metropolitan West Funds

**Signature:** Richard Villa

**Name of Signer:** Richard Villa

**Title:** Treasurer