# EDGAR Filing Document

**Accession Number:** 0000892071
**File Stem:** 0001752724-23-061811
**Filing Date:** 2023-3
**Character Count:** 563312
**Document Hash:** ce4d8f3f64cafbc9d0e9c7bdcdb7c892
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-061811.hdr.sgml**: 20230321

**ACCESSION NUMBER**: 0001752724-23-061811

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230321

**DATE AS OF CHANGE**: 20230321

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCW FUNDS INC
- **CENTRAL INDEX KEY:** 0000892071
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07170
- **FILM NUMBER:** 23749216

**BUSINESS ADDRESS:**
- **STREET 1:** 865 SOUTH FIGUEROA STREET
- **STREET 2:** SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017
- **BUSINESS PHONE:** 213-244-0000

**MAIL ADDRESS:**
- **STREET 1:** 865 SOUTH FIGUEROA STREET
- **STREET 2:** SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017

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

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

## Series and Classes Contracts Data

### TCW Conservative Allocation Fund (Series ID: S000013857)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000038019 | Class N Shares | TGPNX           |
| C000039809 | Class I Shares | TGPCX           |

## Nport-Ex

**TCW Artificial Intelligence Equity Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—91.8% of Net Assets** |  |  |
|  **Agricultural & Farm Machinery—3.5%** |  |  |
|  Deere & Co. | 641 | $271040 |
|  Enphase Energy, Inc.<sup>(1)</sup> | 668 | 147882 |
|  |  | 418922 |
|  **Application Software—5.6%** |  |  |
|  Bill.Com Holdings, Inc.<sup>(1)</sup> | 2231 | 257948 |
|  Salesforce, Inc.<sup>(1)</sup> | 1435 | 241037 |
|  Trade Desk, Inc. (The)<sup>(1)</sup> | 3686 | 186880 |
|  |  | 685865 |
|  **Automobile Manufacturers—2.4%** |  |  |
|  Tesla Inc.<sup>(1)</sup> | 1714 | 296899 |
|  **Communications Equipment—12.3%** |  |  |
|  Arista Networks, Inc.<sup>(1)</sup> | 3592 | 452664 |
|  Cisco Systems, Inc. | 4685 | 228019 |
|  Motorola Solutions, Inc. | 1493 | 383716 |
|  Palo Alto Networks, Inc.<sup>(1)</sup> | 2726 | 432452 |
|  |  | 1496851 |
|  **Electrical Components & Equipment—2.2%** |  |  |
|  Eaton Corp. PLC | 1678 | 272188 |
|  **Electronic Equipment & Instruments—4.2%** |  |  |
|  Cognex Corp. | 3990 | 218413 |
|  Mobileye Global, Inc.<sup>(1)</sup> | 4800 | 185280 |
|  Trimble, Inc.<sup>(1)</sup> | 1881 | 109211 |
|  |  | 512904 |
|  **General Merchandise Stores—2.0%** |  |  |
|  Costco Wholesale Corp. | 467 | 238702 |
|  **Internet & Direct Marketing Retail—4.8%** |  |  |
|  Amazon.com, Inc.<sup>(1)</sup> | 3291 | 339401 |
|  JD.com, Inc. (ADR) (China) | 4178 | 248716 |
|  |  | 588117 |
|  **Internet Services & Infrastructure—10.6%** |  |  |
|  Alphabet, Inc.<sup>(1)</sup> | 4556 | 450315 |
|  Baidu, Inc. (SP ADR) (China)<sup>(1)</sup> | 1407 | 189495 |
|  Meta Platforms, Inc.<sup>(1)</sup> | 2436 | 362891 |
|  Snowflake, Inc.<sup>(1)</sup> | 1378 | 215574 |
|  ZoomInfo Technologies, Inc.<sup>(1)</sup> | 2341 | 66087 |
|  |  | 1284362 |
|  **IT Consulting & Other Services—2.1%** |  |  |
|  EPAM Systems, Inc.<sup>(1)</sup> | 471 | 156678 |
|  Globant S.A.<sup>(1)</sup> | 591 | 95849 |
|  |  | 252527 |
|  **Semiconductor Equipment—5.4%** |  |  |
|  ASML Holding NV (Netherlands) | 592 | 391217 |
|  Lam Research Corp. | 534 | 267054 |
|  |  | 658271 |
|  **Semiconductors—16.7%** |  |  |
|  Intel Corp. | 3283 | 92778 |
|  Marvell Technology, Inc. | 3909 | 168673 |
|  Micron Technology, Inc. | 6795 | 409738 |
|  NVIDIA Corp. | 2331 | 455407 |
|  NXP Semiconductors NV (Netherlands) | 1151 | 212141 |
|  ON Semiconductor Corp.<sup>(1)</sup> | 3415 | 250832 |
|  QUALCOMM, Inc. | 2074 | 276278 |
|  Taiwan Semiconductor Manufacturing Co., Ltd. (SP ADR) (Taiwan) | 1850 | 171551 |
|  |  | 2037398 |
|  **Systems Software—15.0%** |  |  |
|  Check Point Software Technologies, Ltd.<sup>(1)</sup> | 2013 | 256053 |
|  Crowdstrike Holdings, Inc.<sup>(1)</sup> | 2243 | 237534 |
|  CyberArk Software, Ltd.<sup>(1)</sup> | 1167 | 164407 |
|  Datadog, Inc.<sup>(1)</sup> | 2578 | 192860 |
|  Microsoft Corp. | 1875 | 464644 |
|  ServiceNow, Inc.<sup>(1)</sup> | 801 | 364559 |
|  Zscaler, Inc.<sup>(1)</sup> | 1210 | 150234 |
|  |  | 1830291 |
|  **Technology Hardware, Storage & Peripherals—5.0%** |  |  |
|  Apple, Inc. | 2227 | 321334 |
|  Samsung Electronics Co., Ltd. | 5809 | 289347 |
|  |  | 610681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $9,801,759) |  | 11183978 |
|  **MONEY MARKET INVESTMENTS**—**7.9%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(2)</sup> | 955276 | 955276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $955,276) |  | 955276 |
|  **Total Investments (99.7%)** (Cost: $10,757,035) | **Total Investments (99.7%)** (Cost: $10,757,035) | 12139254 |
|  **Excess Of Other Assets Over Liabilities (0.3%)** | **Excess Of Other Assets Over Liabilities (0.3%)** | 38124 |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | $12177378 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| SP ADR | Sponsored American Depositary Receipt. ADRs are receipts, typically issued by a U.S. bank or trust company, evidencing ownership of underlying securities issued by a foreign corporation. Sponsored ADRs are ADRs issued with the cooperation of the foreign corporation. |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Artificial Intelligence Equity Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of**<br>**Net Assets** |
|  Agricultural & Farm Machinery | 3.5% |
|  Application Software | 5.6 |
|  Automobile Manufacturers | 2.4 |
|  Communications Equipment | 12.3 |
|  Electrical Components & Equipment | 2.2 |
|  Electronic Equipment & Instruments | 4.2 |
|  General Merchandise Stores | 2.0 |
|  Internet & Direct Marketing Retail | 4.8 |
|  Internet Services & Infrastructure | 10.6 |
|  IT Consulting & Other Services | 2.1 |
|  Semiconductor Equipment | 5.4 |
|  Semiconductors | 16.7 |
|  Systems Software | 15.0 |
|  Technology Hardware, Storage & Peripherals | 5.0 |
|  Money Market Investments | 7.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.7% |

---

------

**TCW Artificial Intelligence Equity Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in**<br>**Active Markets for**<br>**Identical Assets**<br>**(Level 1)** | **Other Significant**<br>**Observable Inputs**<br>**(Level 2)** | **Significant**<br>**Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Agricultural & Farm Machinery | $418922 | $— | $— | $418922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Application Software | 685865 |  |  | 685865 |
| &nbsp;&nbsp;&nbsp;&nbsp; Automobile Manufacturers | 296899 |  |  | 296899 |
| &nbsp;&nbsp;&nbsp;&nbsp; Communications Equipment | 1496851 |  |  | 1496851 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Components & Equipment | 272188 |  |  | 272188 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment & Instruments | 512904 |  |  | 512904 |
| &nbsp;&nbsp;&nbsp;&nbsp; General Merchandise Stores | 238702 |  |  | 238702 |
| &nbsp;&nbsp;&nbsp;&nbsp; Internet & Direct Marketing Retail | 588117 |  |  | 588117 |
| &nbsp;&nbsp;&nbsp;&nbsp; Internet Services & Infrastructure | 1284362 |  |  | 1284362 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductor Equipment | 658271 |  |  | 658271 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Consulting & Other Services | 252527 |  |  | 252527 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors | 2037398 |  |  | 2037398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Systems Software | 1830291 |  |  | 1830291 |
| &nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals | 321334 | 289347 |  | 610681 |
|  Total Common Stock | 10894631 | 289347 |  | 11183978 |
|  Money Market Investments | 955276 |  |  | 955276 |
|  Total Investments | $11849907 | $289347 | $— | $12139254 |

---

------

**TCW Conservative Allocation Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **EXCHANGE-TRADED FUNDS—4.2% of Net Assets** |  |  |
|  iShares Gold Trust<sup>(1)</sup> | 9725 | $355838 |
|  iShares MSCI EAFE Index Fund | 11810 | 845005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Exchange-traded Funds** (Cost: $1,112,439) |  | 1200843 |
|  **INVESTMENT COMPANIES—95.1%** |  |  |
|  **Diversified Equity Funds—33.7%** |  |  |
|  TCW Artificial Intelligence Equity Fund—I Class<sup>(2)</sup> | 15900 | 250901 |
|  TCW Global Real Estate Fund—I Class<sup>(2)</sup> | 120581 | 1408381 |
|  TCW New America Premier Equities Fund—I Class<sup>(2)</sup> | 115173 | 2777964 |
|  TCW Relative Value Large Cap Fund—I Class<sup>(2)</sup> | 188898 | 2521786 |
|  TCW Relative Value Mid Cap Fund—I Class<sup>(2)</sup> | 28586 | 718949 |
|  TCW Select Equities Fund—I Class<sup>(2)</sup> | 93123 | 2143689 |
|  |  | 9821670 |
|  **Diversified Fixed Income Funds—61.4%** |  |  |
|  Metropolitan West High Yield Bond Fund—I Class<sup>(2)</sup> | 32455 | 299884 |
|  Metropolitan West Low Duration Bond Fund—I Class<sup>(2)</sup> | 350991 | 2920247 |
|  Metropolitan West Total Return Bond Fund—I Class<sup>(2)</sup> | 377936 | 3533698 |
|  Metropolitan West Unconstrained Bond Fund—I Class<sup>(2)</sup> | 522339 | 5484564 |
|  TCW Emerging Markets Income Fund—I Class<sup>(2)</sup> | 61540 | 385243 |
|  TCW Enhanced Commodity Strategy Fund—I Class<sup>(2)</sup> | 113650 | 736449 |
|  TCW Global Bond Fund—I Class<sup>(2)</sup> | 87005 | 742150 |
|  TCW Total Return Bond Fund—I Class<sup>(2)</sup> | 442822 | 3755134 |
|  |  | 17857369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $27,362,038) |  | 27679039 |
|  **MONEY MARKET INVESTMENTS**—**0.8%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(3)</sup> | 236686 | 236686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $236,686) |  | 236686 |
|  **Total Investments (100.1%)** (Cost: $28,711,163) | **Total Investments (100.1%)** (Cost: $28,711,163) | 29116568 |
|  **Liabilities In Excess Of Other Assets (-0.1%)** | **Liabilities In Excess Of Other Assets (-0.1%)** | (16304) |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | $29100264 |

---

**Notes to the Schedule of Investments:** 

(1) Non-income producing security.

(2) Affiliated issuer.

(3) Rate disclosed is the 7-day net yield as of January 31, 2023.

------

**TCW Conservative Allocation Fund** 

SCHEDULE OF INVESTMENTS (CONTINUED)

The summary of the TCW Conservative Allocation Fund transactions in the affiliated funds for the year ended January 31, 2023 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at<br>October 31,<br>2022** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Number of<br>Shares Held<br>January 31,<br>2023** | **Value at January**<br>**31, 2023** | **Dividends and<br>Interest Income<br>Received** | **Distributions<br>Received from<br>Net Realized<br>Gain** | **Net Realized<br>Gain**<br>**(Loss) on<br>Investments** | **Net change in<br>Unrealized<br>Gain**<br>**(Loss) on<br>Investments** |
|  Metropolitan West High Yield Bond Fund—I Class | $296743 | $4515 | $11936 | 32455 | $299884 | $4408 | $— | $(828) | $11390 |
|  Metropolitan West Low Duration Bond Fund—I Class | 2935445 | 26626 | 116929 | 350991 | 2920247 | 26050 |  | (9260) | 84365 |
|  Metropolitan West Total Return Bond Fund—I Class | 3429147 | 32594 | 141358 | 377936 | 3533698 | 31797 |  | (28914) | 242229 |
|  Metropolitan West Unconstrained Bond Fund—I Class | 5409655 | 75149 | 218256 | 522339 | 5484564 | 72532 |  | (31381) | 249397 |
|  TCW Artificial Intelligence Fund—I Class | 246362 |  | 9683 | 15900 | 250901 |  |  | (2334) | 16556 |
|  TCW Emerging Markets Income Fund—I Class | 356961 | 6402 | 15327 | 61540 | 385243 | 4929 |  | (3621) | 40828 |
|  TCW Enhanced Commodity Strategy Fund—I Class | 745247 | 4594 | 29786 | 113650 | 736449 | 4594 |  | 1088 | 15306 |
|  TCW Global Bond Fund—I Class | 697163 | 4777 | 29652 | 87005 | 742150 | 3563 |  | (5829) | 75691 |
|  TCW Global Real Estate Fund—I Class | 1288789 | 5251 | 53896 | 120581 | 1408381 | 5251 |  | (7762) | 175999 |
|  TCW New America Premier Equities Fund—I Class | 2644841 | 117 | 109440 | 115173 | 2777964 | 117 |  | 7315 | 235131 |
|  TCW Relative Value Large Cap Fund—I Class | 2402673 | 160956 | 98621 | 188898 | 2521786 | 34940 | 126016 | 5466 | 51312 |
|  TCW Relative Value Mid Cap Fund—I Class | 683804 | 16798 | 27757 | 28586 | 718949 | 5725 | 11073 | (2757) | 48861 |
|  TCW Select Equities Fund—I Class | 2073749 | 329914 | 82318 | 93123 | 2143689 |  | 329914 | (35606) | (142050) |
|  TCW Total Return Bond Fund—I Class | 3606284 | 58018 | 149675 | 442822 | 3755134 | 47811 |  | (31228) | 271735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $27679039 | $241717 | $467003 | $(145651) | $1376750 |

---

------

**TCW Conservative Allocation Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Diversified Fixed Income Funds | 61.4% |
|  Diversified Equity Funds | 33.7 |
|  Exchange-Traded Funds | 4.2 |
|  Money Market Investments | 0.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.1% |

---

------

**TCW Conservative Allocation Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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** |
|  Exchange-Traded Funds | $1200843 | $– $|  | $1200843 |
|  Investment Companies | 27679039 | – |  | 27679039 |
|  Money Market Investments | 236686 | – |  | 236686 |
|  Total Investments | $29116568 | $– $|  | $29116568 |

---

------

**TCW Developing Markets Equity Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—91.5% of Net Assets** |  |  |
|  **Brazil—6.8%** |  |  |
|  Cia de Saneamento Basico do Estado de Sao Paulo (ADR) | 10100 | $111201 |
|  Cosan S.A. | 31000 | 101680 |
|  Petroleo Brasileiro S.A. | 18500 | 107044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $330,819) |  | 319925 |
|  **China—47.4%** |  |  |
|  Beijing Shunxin Agriculture Co., Ltd. | 26000 | 104432 |
|  China Gas Holdings, Ltd. | 69000 | 107456 |
|  China Hongqiao Group, Ltd. | 95000 | 109804 |
|  China Medical System Holdings, Ltd. | 61000 | 105213 |
|  China State Construction Engineering Corp., Ltd.—Class A | 125000 | 102725 |
|  Cosco Shipping Holdings Co.—Class H | 108000 | 112063 |
|  Gemdale Corp. | 113000 | 165228 |
|  Greentown China Holdings, Ltd. | 106000 | 156335 |
|  Hengan International Group Co., Ltd. | 21500 | 105801 |
|  Huaibei Mining Holdings Co., Ltd.—Class A | 81000 | 161440 |
|  Huaneng Power International, Inc.—Class H<sup>(1)</sup> | 230000 | 112332 |
|  Jiangsu Eastern Shenghong Co., Ltd. | 49000 | 113273 |
|  Jinneng Holding Shanxi Coal Industry Co., Ltd. | 57000 | 108400 |
|  Jizhong Energy Resources Co., Ltd.—Class A | 106000 | 103607 |
|  Meihua Holdings Group Co., Ltd. | 70000 | 109502 |
|  Offshore Oil Engineering Co., Ltd. | 111000 | 109243 |
|  Shanxi Lu'an Environmental Energy Development Co., Ltd.—Class A | 39144 | 115020 |
|  Tian Di Science & Technology Co., Ltd. | 140000 | 110435 |
|  Tianqi Lithium Corp.<sup>(1)</sup> | 11300 | 104779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total China** (Cost: $2,149,990) |  | 2217088 |
|  **Indonesia—2.3%** (Cost: $110,377) |  |  |
|  Adaro Energy Tbk PT | 542800 | 107553 |
|  **Malaysia—3.4% (**Cost: $161,632) |  |  |
|  Genting Bhd | 139000 | 161296 |
|  **Russia—0.0%** |  |  |
|  Magnitogorsk Iron & Steel Works PJSC<sup>(1)(2)</sup> | 79000 | 103 |
|  Yandex N.V.<sup>(1)(2)</sup> | 3100 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Russia** (Cost: $225,147) |  | 243 |
|  **South Africa—2.3%** (Cost: $105,683) |  |  |
|  Exxaro Resources, Ltd. | 8600 | 107758 |
|  **South Korea—10.9%** |  |  |
|  GS Holdings Corp.<sup>(1)</sup> | 2700 | 97019 |
|  HD Hyundai Co., Ltd. | 1950 | 96933 |
|  Hyundai Glovis Co., Ltd. | 750 | 101011 |
|  LG Corp. | 1600 | 107550 |
|  Orion Corp/Republic of Korea | 1080 | 109157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Korea** (Cost: $503,084) |  | 511670 |
|  **Taiwan—7.0%** |  |  |
|  Catcher Technology Co., Ltd. | 18000 | 107040 |
|  Evergreen Marine Corp. Taiwan, Ltd. | 22000 | 112392 |
|  Pou Chen Corp. | 95000 | 108526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Taiwan** (Cost: $327,651) |  | 327958 |
|  **Thailand—2.3%** (Cost: $113,170) |  |  |
|  Banpu Public Co., Ltd. (NVDR) | 300000 | 105883 |
|  **Turkey—9.1%** |  |  |
|  Enka Insaat ve Sanayi AS | 71000 | 112027 |
|  Turk Telekomunikasyon A.S. | 146000 | 159424 |
|  Turkcell Iletisim Hizmetleri A.S. | 80000 | 155063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Turkey (**Cost: $415,499) |  | 426514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $4,443,052) |  | 4285888 |
|  **Preferred Stock—4.7%** |  |  |
|  **Brazil—2.4%** (Cost: $111,154) |  |  |
|  Cia Paranaense de Energia | 73000 | 111404 |
|  **South Korea—2.3%** (Cost: $101,108) |  |  |
|  Samsung Electronics Co., Ltd. | 2400 | 107698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Preferred Stock** (Cost: $212,262) |  | 219102 |
|  **MONEY MARKET INVESTMENTS—18.3%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(3)</sup> | 855967 | 855967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $855,967) |  | 855967 |
|  **Total Investments (114.5%)** (Cost: $5,511,281) |  | 5360957 |
|  **Liabilities In Excess Of Other Assets (-14.5%)** |  | (678681) |
|  **Total Net Assets (100.0%)** |  | $4682276 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| PJSC | Private Joint-Stock Company. |
| SP ADR | Sponsored American Depositary Receipt. ADRs are receipts, typically issued by a U.S. bank or trust company, evidencing ownership of underlying securities issued by a foreign corporation. Sponsored ADRs are ADRs issued with the cooperation of the foreign corporation. |
| (1) | Non-income producing security. |
| (2) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (3) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Developing Markets Equity Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Air Freight & Logistics | 2.1% |
|  Beverages | 2.2 |
|  Chemicals | 4.6 |
|  Construction & Engineering | 2.2 |
|  Diversified Telecommunication Services | 3.4 |
|  Electric Utilities | 2.4 |
|  Energy Equipment & Services | 2.3 |
|  Food Products | 4.6 |
|  Gas Utilities | 2.3 |
|  Hotels, Restaurants & Leisure | 3.4 |
|  Independent Power and Renewable Electricity Producers | 2.4 |
|  Industrial Conglomerates | 6.8 |
|  Interactive Media & Services | 0.0 |
|  Machinery | 2.4 |
|  Marine | 4.8 |
|  Metals & Mining | 5.9 |
|  Oil, Gas & Consumable Fuels | 20.4 |
|  Personal Products | 2.3 |
|  Pharmaceuticals | 2.3 |
|  Real Estate Management & Development | 6.8 |
|  Technology Hardware, Storage & Peripherals | 4.6 |
|  Textiles, Apparel & Luxury Goods | 2.3 |
|  Water Utilities | 2.4 |
|  Wireless Telecommunication Services | 3.3 |
|  Money Market Investments | 18.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 114.5% |

---

------

**TCW Developing Markets Equity Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics | $101011 | $— | $— | $101011 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beverages | 104432 |  |  | 104432 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 113273 | 104779 |  | 218052 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction & Engineering |  | 102725 |  | 102725 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Telecommunication Services |  | 159424 |  | 159424 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | 109243 |  |  | 109243 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food Products | 218659 |  |  | 218659 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gas Utilities |  | 107456 |  | 107456 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | 161296 |  |  | 161296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Independent Power and Renewable Electricity Producers |  | 112332 |  | 112332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Conglomerates | 219577 | 97018 |  | 316595 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interactive Media & Services |  |  | 140 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery | 110435 |  |  | 110435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Marine |  | 224456 |  | 224456 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 109803 | 161440 | 103 | 271346 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 317124 | 636754 |  | 953878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Personal Products |  | 105801 |  | 105801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 105213 |  |  | 105213 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | 165229 | 156335 |  | 321564 |
| &nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals |  | 107040 |  | 107040 |
| &nbsp;&nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | 108526 |  |  | 108526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Water Utilities | 111201 |  |  | 111201 |
| &nbsp;&nbsp;&nbsp;&nbsp; Wireless Telecommunication Services |  | 155063 |  | 155063 |
|  Total Common Stock | 2055022 | 2230623 | 243 | 4285888 |
|  Preferred Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric Utilities | 111404 |  |  | 111404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Technology Hardware, Storage & Peripherals |  | 107698 |  | 107698 |
|  Total Preferred Stock | 111404 | 107698 |  | 219102 |
|  Money Market Investments | 855967 |  |  | 855967 |
|  Total Investments | $3022393 | $2338321 | $243 | $5360957 |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—45.6% of Net Assets** |  |  |  |
|  **Angola—0.7%** (Cost: $301,705) |  |  |  |
|  Angolan Government International Bond<br>8.75%<sup>(1)</sup> | 04/14/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279000 |
|  **Argentina—0.8%** |  |  |  |
|  Argentine Republic Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 07/09/41 | 421094 | 144321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/09/38 | 466364 | 172480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Argentina** (Cost: $337,915) |  |  | 316801 |
|  **Bahrain—1.5%** |  |  |  |
|  Bahrain Government International Bond<br>5.63%<sup>(2)</sup> | 05/18/34 | 200000 | 178620 |
|  Oil and Gas Holding Co. BSCC (The)<br>7.63%<sup>(2)</sup> | 11/07/24 | 400000 | 410800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bahrain** (Cost: $562,825) |  |  | 589420 |
|  **Benin—0.2%** (Cost: $68,993) |  |  |  |
|  Benin Government International Bond<br>4.88%<sup>(2)</sup> | 01/19/32 | 100000 | 86069 |
|  **Brazil—1.0%** |  |  |  |
|  Acu Petroleo Luxembourg Sarl<br>7.50%<sup>(1)</sup> | 07/13/35 | $248470 | 234275 |
|  Globo Communicacoes Part<br>5.50%<sup>(1)</sup> | 01/14/32 | 200000 | 173840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $441,488) |  |  | 408115 |
|  **Chile—1.0%** (Cost: $385,100) |  |  |  |
|  Chile Government International Bond<br>3.50% | 01/31/34 | 450000 | 399645 |
|  **Colombia—2.2%** |  |  |  |
|  Colombia Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 02/22/42 | 200000 | 130200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 02/02/34 | 300000 | 297600 |
|  Ecopetrol S.A.<br>8.88% | 01/13/33 | 250000 | 256263 |
|  Gran Tierra Energy, Inc.<br>7.75%<sup>(2)</sup> | 05/23/27 | 200000 | 170199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Colombia** (Cost: $878,010) |  |  | 854262 |
|  **Dominican Republic—1.5%** |  |  |  |
|  Dominican Republic International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 01/30/30 | 150000 | 131310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 09/23/32 | 150000 | 128745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%<sup>(1)</sup> | 01/21/41 | 200000 | 161620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(2)</sup> | 01/30/60 | 245000 | 189997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Dominican Republic** (Cost: $580,921) |  |  | 611672 |
|  **Ecuador—0.7%** |  |  |  |
|  Ecuador Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(1)</sup> | 07/31/35 | 145458 | 71511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(2)</sup> | 07/31/30 | 308233 | 206287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ecuador** (Cost: $353,689) |  |  | 277798 |
|  **Egypt—0.9%** (Cost: $345,059) |  |  |  |
|  Egypt Government International Bond<br>7.30%<sup>(2)</sup> | 09/30/33 | 475000 | 349275 |
|  **El Salvador—0.5%** |  |  |  |
|  El Salvador Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(2)</sup> | 01/18/27 | 135000 | 74988 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.12%<sup>(2)</sup> | 01/20/50 | 150000 | 70548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(2)</sup> | 04/10/32 | 95000 | 49391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total El Salvador** (Cost: $272,463) |  |  | 194927 |
|  **Gabon—0.4% (Cost: $185,184)** |  |  |  |
|  Gabon Government International Bond<br>6.63%<sup>(2)</sup> | 02/06/31 | 200000 | 168900 |
|  **Hungary—1.5%** |  |  |  |
|  Hungary Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 06/16/29 | 200000 | 197620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(2)</sup> | 06/16/34 | 200000 | 197875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 05/22/28 | 200000 | 207600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Hungary** (Cost: $569,517) |  |  | 603095 |
|  **India—1.4%** |  |  |  |
|  Adani Green Energy, Ltd.<br>4.38%<sup>(2)</sup> | 09/08/24 | 200000 | 158120 |
|  Greenko Power II, Ltd.<br>4.30%<sup>(2)</sup> | 12/13/28 | 191000 | 165979 |
|  India Airport Infra<br>6.25%<sup>(2)</sup> | 10/25/25 | 250000 | 239750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total India** (Cost: $554,665) |  |  | 563849 |
|  **Indonesia—2.3%** |  |  |  |
|  Freeport Indonesia PT<br>6.20%<sup>(2)</sup> | 04/14/52 | 200000 | 185500 |
|  Indonesia Asahan Aluminium Persero PT<br>5.45%<sup>(1)</sup> | 05/15/30 | 200000 | 200398 |
|  Perusahaan Penerbit SBSN Indonesia III |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%<sup>(2)</sup> | 06/09/31 | 200000 | 173450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40%<sup>(1)</sup> | 06/06/27 | 200000 | 200680 |
|  Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<br>4.88%<sup>(2)</sup> | 07/17/49 | 200000 | 164600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Indonesia** (Cost: $951,820) |  |  | 924628 |
|  **Iraq—0.4%** (Cost: $150,907) |  |  |  |
|  Iraq International Bond<br>5.80%<sup>(2)</sup> | 01/15/28 | 156250 | 145150 |
|  **Israel—1.1%** |  |  |  |
|  Bank Leumi Le-Israel BM<br>7.13% (U.S. 5-year Treasury Constant Maturity Rate + 3.466%)<sup>(2),(3)</sup> | 07/18/33 | 200000 | 206000 |
|  Energean Israel Finance, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(2)</sup> | 03/30/26 | 25000 | 23572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(2)</sup> | 03/30/28 | 45000 | 41616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(2)</sup> | 03/30/31 | 189300 | 171553 |
|  Leviathan Bond, Ltd.<br>6.75%<sup>(2)</sup> | 06/30/30 | 10000 | 9766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Israel** (Cost: $469,153) |  |  | 452507 |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Ivory Coast—0.6%** |  |  |  |
|  Ivory Coast Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 01/30/32 | 100000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 10/17/40 | 200000 | 167251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ivory Coast** (Cost: $277,691) |  |  | 252908 |
|  **Jordan—0.5%** (Cost: $194,544) |  |  |  |
|  Jordan Government International Bond<br>7.75%<sup>(1)</sup> | 01/15/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | 207160 |
|  **Kazakhstan—1.3%** |  |  |  |
|  KazMunayGas National Co. JSC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 04/19/27 | 200000 | 186500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(2)</sup> | 04/19/47 | 200000 | 160640 |
|  Tengizchevroil Finance Co. International, Ltd.<br>3.25%<sup>(2)</sup> | 08/15/30 | 200000 | 153040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Kazakhstan** (Cost: $500,282) |  |  | 500180 |
|  **Mexico—4.8%** |  |  |  |
|  Banco Mercantil del Norte S.A.<br>7.50% (U.S. 10-year Treasury Constant Maturity Rate + 5.470%)<sup>(1),(3),(4)</sup> | 06/27/29 | 200000 | 192719 |
|  Cemex SAB de CV<br>5.13% (U.S. 5-year Treasury Constant Maturity Rate + 4.534%)<sup>(1),(3),(4)</sup> | 06/08/26 | 200000 | 184580 |
|  Comision Federal de Electricidad<br>4.69%<sup>(1)</sup> | 05/15/29 | 200000 | 184408 |
|  Electricidad Firme de Mexico Holdings SA de CV<br>4.90%<sup>(1)</sup> | 11/20/26 | 200000 | 181500 |
|  Mexico Government International Bond<br>3.77% | 05/24/61 | 250000 | 170995 |
|  Petroleos Mexicanos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35% | 02/12/28 | 207000 | 182781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49% | 01/23/27 | 200000 | 189320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70% | 02/16/32 | 225000 | 186908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.84% | 01/23/30 | 285000 | 248348 |
|  United Mexican States<br>3.50% | 02/12/34 | 200000 | 168940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mexico** (Cost: $1,912,418) |  |  | 1890499 |
|  **Morocco—0.4%** (Cost: $137,103) |  |  |  |
|  Morocco Government International Bond<br>4.00%<sup>(2)</sup> | 12/15/50 | 200000 | 137500 |
|  **Mozambique—0.4%** (Cost: $145,725) |  |  |  |
|  Mozambique International Bond<br>5.00%<sup>(2)</sup> | 09/15/31 | 200000 | 161820 |
|  **Nigeria—0.8%** (Cost: $392,119) |  |  |  |
|  Nigeria Government International Bond<br>6.13%<sup>(1)</sup> | 09/28/28 | 400000 | 312320 |
|  **Oman—1.8%** |  |  |  |
|  Oman Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(2)</sup> | 08/01/29 | 200000 | 205520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(2)</sup> | 01/17/48 | 200000 | 198240 |
|  OmGrid Funding, Ltd.<br>5.20%<sup>(2)</sup> | 05/16/27 | 300000 | 294484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Oman** (Cost: $668,987) |  |  | 698244 |
|  **Pakistan—0.3%** (Cost: $240,699) |  |  |  |
|  Pakistan Government International Bond<br>6.88%<sup>(2)</sup> | 12/05/27 | 235000 | 101685 |
|  **Panama—1.3%** |  |  |  |
|  Panama Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 09/29/32 | 200000 | 153700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 04/16/50 | 200000 | 157361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 02/14/35 | 200000 | 211800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Panama** (Cost: $502,259) |  |  | 522861 |
|  **Peru—1.1%** |  |  |  |
|  Peruvian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.86% | 12/01/32 | 60000 | 44975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78% | 01/23/31 | 70000 | 59303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 01/15/34 | 390000 | 317196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Peru** (Cost: $431,529) |  |  | 421474 |
|  **Philippines—1.4%** |  |  |  |
|  Philippine Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20% | 07/06/46 | 200000 | 150750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56% | 09/29/32 | 200000 | 185000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 10/13/47 | 200000 | 219807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Philippines** (Cost: $528,461) |  |  | 555557 |
|  **Qatar—0.8%** (Cost: $309,111) |  |  |  |
|  Qatar Energy<br>3.13%<sup>(1)</sup> | 07/12/41 | 400000 | 317754 |
|  **Romania—1.8%** |  |  |  |
|  Romanian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(1)</sup> | 05/25/34 | 130000 | 128232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%<sup>(1)</sup> | 02/17/28 | 84000 | 87307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(1)</sup> | 01/17/33 | 200000 | 212360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(1)</sup> | 01/17/53 | 246000 | 268025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Romania** (Cost: $659,198) |  |  | 695924 |
|  **Saudi Arabia—2.1%** |  |  |  |
|  Gaci First Investment Co.<br>5.38%<sup>(2)</sup> | 10/13/22 | 200000 | 192574 |
|  Saudi Government International Bond<br>4.63%<sup>(2)</sup> | 10/04/47 | 700000 | 640010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Saudi Arabia** (Cost: $811,975) |  |  | 832584 |
|  **Senegal—0.6%** (Cost: $225,998) |  |  |  |
|  Senegal Government International Bond<br>5.38%<sup>(1)</sup> | 06/08/37 | 300000 | 229480 |
|  **Serbia—0.5%** (Cost: $199,750) |  |  |  |
|  Serbia International Bond<br>6.50%<sup>(1)</sup> | 09/26/33 | $200000 | 201660 |
|  **South Africa—2.4%** |  |  |  |
|  Eskom Holdings SOC, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(2)</sup> | 02/11/25 | 400000 | 385000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.45%<sup>(2)</sup> | 08/10/28 | 200000 | 192700 |
|  Republic of South Africa Government International Bond<br>5.65% | 09/27/47 | 200000 | 153363 |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  Transnet SOC, Ltd.<br>8.25%<sup>(1)</sup> | 02/06/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $902,899) |  |  | 931813 |
|  **South Korea—0.5%** (Cost: $199,022) |  |  |  |
|  SK Hynix, Inc.<br>6.38%<sup>(1)</sup> | 01/17/28 | 200000 | 203187 |
|  **Sri Lanka—0.2%** (Cost: $119,250) |  |  |  |
|  Sri Lanka Government International Bond<br>6.20%<sup>(2),(5)</sup> | 05/11/27 | 200000 | 69240 |
|  **Tunisia—0.3%** (Cost: $148,386) |  |  |  |
|  Tunisian Republic<br>5.75%<sup>(2)</sup> | 01/30/25 | 200000 | 131672 |
|  **Turkey—2.2%** |  |  |  |
|  Turkey Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38% | 01/19/33 | 450000 | 442125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88% | 01/15/28 | 400000 | 411680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Turkey** (Cost: $845,617) |  |  | 853805 |
|  **United Arab Emirates—0.8%** |  |  |  |
|  Galaxy Pipeline Assets Bidco, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%<sup>(1)</sup> | 03/31/36 | 200000 | 164036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%<sup>(1)</sup> | 09/30/40 | 193306 | 158994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United Arab Emirates** (Cost: $307,297) |  |  | 323030 |
|  **Uruguay—0.3%** (Cost: $128,525) |  |  |  |
|  Uruguay Government International Bond<br>5.10% | 06/18/50 | 130000 | 131723 |
|  **Venezuela—0.3%** |  |  |  |
|  Venezuela Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(5),(6)</sup> | 09/15/27 | 550000 | 49500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(2),(5),(6)</sup> | 05/07/28 | 787000 | 70830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Venezuela** (Cost: $413,469) |  |  | 120330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $18,611,728) |  |  | 18029523 |
| **Issues** |  | **Shares** |  |
|  **COMMON STOCK**—**52.0%** |  |  |  |
|  **Argentina—1.4%** (Cost: $263,245) |  |  |  |
|  MercadoLibre, Inc.<sup>(7)</sup> |  | 470 | 555394 |
|  **Brazil—3.6%** |  |  |  |
|  Cia de Saneamento Basico do Estado de Sao Paulo (ADR) |  | 23000 | 253230 |
|  Cosan S.A. |  | 70000 | 229601 |
|  Petroleo Brasileiro S.A. |  | 40000 | 231447 |
|  Tres Tentos Agroindustrial S.A. |  | 165500 | 328955 |
|  Vale S.A. (SP ADR) |  | 20000 | 373600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $1,414,147) |  |  | 1416833 |
|  **China—23.7%** |  |  |  |
|  Baidu, Inc.<sup>(7)</sup> |  | 32000 | 538100 |
|  Beijing Shunxin Agriculture Co., Ltd. |  | 60000 | 240996 |
|  BYD Co., Ltd.—Class H |  | 6505 | 206066 |
|  China Gas Holdings, Ltd. |  | 150000 | 233600 |
|  China Hongqiao Group, Ltd. |  | 220000 | 254282 |
|  China Medical System Holdings, Ltd. |  | 140000 | 241473 |
|  China State Construction Engineering Corp., Ltd.—Class A |  | 260000 | 213669 |
|  Contemporary Amperex Technology Co., Ltd.—Class A |  | 9784 | 678673 |
|  Cosco Shipping Holdings Co.—Class H |  | 250000 | 259406 |
|  Galaxy Entertainment Group, Ltd. |  | 104500 | 727697 |
|  Gemdale Corp. |  | 260000 | 380171 |
|  Greentown China Holdings, Ltd. |  | 240000 | 353967 |
|  Hengan International Group Co., Ltd. |  | 50000 | 246049 |
|  Huaibei Mining Holdings Co., Ltd.—Class A |  | 185000 | 368720 |
|  Huaneng Power International, Inc.—Class H<sup>(7)</sup> |  | 530000 | 258853 |
|  JD.com, Inc. |  | 18700 | 555450 |
|  Jiangsu Eastern Shenghong Co., Ltd. |  | 115000 | 265845 |
|  Jinneng Holding Shanxi Coal Industry Co., Ltd. |  | 130000 | 247227 |
|  Jizhong Energy Resources Co., Ltd.—Class A |  | 230000 | 224806 |
|  Kuaishou Technology<sup>(7)</sup> |  | 58000 | 510500 |
|  Meihua Holdings Group Co., Ltd. |  | 160000 | 250290 |
|  Offshore Oil Engineering Co., Ltd. |  | 260000 | 255885 |
|  Ping An Insurance Group Co. of China, Ltd.—Class H |  | 141200 | 1097163 |
|  Shanxi Lu'an Environmental Energy Development Co., Ltd.—Class A |  | 84357 | 247873 |
|  Tian Di Science & Technology Co., Ltd. |  | 320000 | 252421 |
|  Tianqi Lithium Corp.<sup>(7)</sup> |  | 29000 | 268903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total China** (Cost: $8,589,606) |  |  | 9378085 |
|  **France—1.4%** (Cost: $198,360) |  |  |  |
|  Hermes International |  | 310 | 579580 |
|  **India—1.8%** |  |  |  |
|  Apollo Hospitals Enterprise, Ltd. |  | 4600 | 240846 |
|  Avenue Supermarts, Ltd.<sup>(7)</sup> |  | 4705 | 202572 |
|  Persistent Systems, Ltd. |  | 5000 | 287798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total India** (Cost: $567,401) |  |  | 731216 |
|  **Indonesia—0.5%** (Cost: $190,941) |  |  |  |
|  Adaro Energy Tbk PT |  | 1039800 | 206031 |
|  **Malaysia—0.9%** (Cost: $372,102) |  |  |  |
|  Genting Bhd |  | 320000 | 371330 |
|  **Poland—1.1%** (Cost: $295,441) |  |  |  |
|  Dino Polska S.A.<sup>(7)</sup> |  | 4700 | 424951 |
|  **Russia—0.0%** |  |  |  |
|  Magnitogorsk Iron & Steel Works PJSC<sup>(6),(7)</sup> |  | 580000 | 754 |
|  Yandex NV<sup>(6),(7)</sup> |  | 24400 | 1100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Russia** (Cost: $1,370,247) |  |  | 1854 |
|  **South Africa—1.9%** |  |  |  |
|  Clicks Group, Ltd. |  | 34500 | 525354 |
|  Exxaro Resources, Ltd. |  | 17000 | 213011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $876,927) |  |  | 738365 |
|  **South Korea—3.4%** |  |  |  |
|  GS Holdings Corp. |  | 5800 | 208410 |
|  HD Hyundai Co., Ltd. |  | 4300 | 213750 |
|  Hyundai Glovis Co., Ltd. |  | 1700 | 228958 |
|  LG Corp.<sup>(7)</sup> |  | 3700 | 248709 |
|  Orion Corp/Republic of Korea<sup>(7)</sup> |  | 2500 | 252679 |
|  Samsung SDI Co., Ltd. |  | 350 | 196141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Korea** (Cost: $1,303,958) |  |  | 1348647 |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **Taiwan—8.9%** |  |  |
|  Alchip Technologies, Ltd. | 14900 | $&nbsp;&nbsp;&nbsp;&nbsp;423849 |
|  Catcher Technology Co., Ltd. | 39000 | 231919 |
|  E Ink Holdings, Inc. | 108000 | 626700 |
|  eMemory Technology, Inc. | 5700 | 312522 |
|  Evergreen Marine Corp. Taiwan, Ltd. | 50000 | 255437 |
|  Pou Chen Corp. | 220000 | 251324 |
|  Taiwan Semiconductor Manufacturing Co., Ltd. | 80190 | 1415095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Taiwan** (Cost: $2,771,152) |  | 3516846 |
|  **Thailand—0.6%** (Cost: $242,042) |  |  |
|  Banpu Public Co., Ltd. (NVDR) | 650000 | 229413 |
|  **Turkey—2.8%** |  |  |
|  Enka Insaat ve Sanayi AS | 160000 | 252455 |
|  Turk Hava Yollari AO<sup>(7)</sup> | 14700 | 107768 |
|  Turk Telekomunikasyon A.S. | 340000 | 372371 |
|  Turkcell Iletisim Hizmetleri A.S. | 190000 | 368275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Turkey** (Cost: $1,002,892) |  | 1100869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $19,458,461) |  | 20599414 |
|  **PREFERRED STOCK**—**1.3%** |  |  |
|  **Brazil—0.7%** (Cost: $258,852) |  |  |
|  Cia Paranaense de Energia | 170000 | 259435 |
|  **South Korea—0.6%** (Cost: $241,343) |  |  |
|  Samsung Electronics Co., Ltd. | 5500 | 246807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Preferred Stock** (Cost: $500,195) |  | 506242 |
|  **MONEY MARKET INVESTMENTS**—**6.1%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(8)</sup> | 2415008 | 2415008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $2,415,008) |  | 2415008 |
|  **Total Investments (105.0%)** (Cost: $40,985,392) |  | 41550187 |
|  **Liabilities In Excess Of Other Assets (-5.0%)** |  | (1981247) |
|  **Total Net Assets (100.0%)** |  | $39568940 |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for U.S.<br>Dollars** | **Contracts at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY <sup>(9)</sup>** | | | | |  |  |
|  BNP Paribas S.A. | EUR | 532635 | 04/06/23 | $578330 | $580777 | $2447 |
|  **SELL <sup>(10)</sup>** |  |  |  |  |  |  |
|  **JP Morgan Chase Bank** | EUR | 532635 | 04/06/23 | $568306 | $580777 | $(12471) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ADR | American Depositary Receipt. ADRs are receipts typically issued by a U.S. bank or trust company, evidencing ownership of underlying securities issued by a foreign corporation. |
| PJSC | Private Joint-Stock Company. |
| EUR | Euro Currency. |
| (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 January 31, 2023, the value of these securities amounted to $5,860,479 or 14.8% 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) | 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 January 31, 2023, the value of these securities amounted to $6,932,960 or 17.5% of net assets. |
| (3) | Floating or variable rate security. The interest shown reflects the rate in effect at January 31, 2023. |
| (4) | Perpetual maturity. |
| (5) | 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. |
| (6) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (7) | Non-income producing security. |
| (8) | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (9) | Fund buys foreign currency, sells U.S. Dollar. |
| (10) | Fund sells foreign currency, buys U.S. Dollar. |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Agriculture | 0.8% |
|  Airlines | 0.3 |
|  Apparel | 2.1 |
|  Auto Manufacturers | 0.5 |
|  Auto Parts & Equipment | 1.7 |
|  Banks | 1 |
|  Beverages | 0.6 |
|  Building Materials | 0.5 |
|  Chemicals | 1.3 |
|  Coal | 4.4 |
|  Computers | 1.4 |
|  Electric | 5.3 |
|  Electronics | 1.6 |
|  Energy-Alternate Sources | 0.4 |
|  Engineering & Construction | 1.8 |
|  Food | 2.7 |
|  Foreign Government Bonds | 27.9 |
|  Gas | 0.6 |
|  Health Care-Products | 1.2 |
|  Health Care-Services | 0.6 |
|  Insurance | 2.8 |
|  Internet | 5.5 |
|  Investment Companies | 0.5 |
|  Iron & Steel | 0.9 |
|  Lodging | 2.8 |
|  Machinery-Diversified | 0.6 |
|  Media | 0.4 |
|  Metal Fabricate & Hardware | 0.6 |
|  Mining | 1.6 |
|  Oil & Gas | 8.6 |
|  Oil & Gas Services | 0.6 |
|  Pipelines | 1.4 |
|  Real Estate | 1.9 |
|  Retail | 1.3 |
|  Semiconductors | 6.6 |
|  Telecommunications | 2.4 |
|  Textiles | 0.7 |
|  Transportation | 2.4 |
|  Water | 0.6 |
|  Money Market Investments | 6.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 105.0% |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

Investments by Country (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Country** | **Percentage of<br>Net Assets** |
|  Angola | 0.7% |
|  Argentina | 2.2 |
|  Bahrain | 1.5 |
|  Benin | 0.2 |
|  Brazil | 5.3 |
|  Chile | 1 |
|  China | 23.7 |
|  Colombia | 2.2 |
|  Dominican Republic | 1.5 |
|  Ecuador | 0.7 |
|  Egypt | 0.9 |
|  El Salvador | 0.5 |
|  France | 1.4 |
|  Gabon | 0.4 |
|  Hungary | 1.5 |
|  India | 3.2 |
|  Indonesia | 2.8 |
|  Iraq | 0.4 |
|  Israel | 1.1 |
|  Ivory Coast | 0.6 |
|  Jordan | 0.5 |
|  Kazakhstan | 1.3 |
|  Malaysia | 0.9 |
|  Mexico | 4.8 |
|  Morocco | 0.4 |
|  Mozambique | 0.4 |
|  Nigeria | 0.8 |
|  Oman | 1.8 |
|  Pakistan | 0.3 |
|  Panama | 1.3 |
|  Peru | 1.1 |
|  Philippines | 1.4 |
|  Poland | 1.1 |
|  Qatar | 0.8 |
|  Romania | 1.8 |
|  Russia | 0 |
|  Saudi Arabia | 2.1 |
|  Senegal | 0.6 |
|  Serbia | 0.5 |
|  South Africa | 4.3 |
|  South Korea | 4.5 |
|  Sri Lanka | 0.2 |
|  Taiwan | 8.9 |
|  Thailand | 0.6 |
|  Tunisia | 0.3 |
|  Turkey | 5 |
|  United Arab Emirates | 0.8 |
|  United States | 6.1 |
|  Uruguay | 0.3 |
|  Venezuela | 0.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 105.0% |

---

------

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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; Banks | $— | $398719 | $— | $398719 |
| &nbsp;&nbsp;&nbsp;&nbsp; Building Materials |  | 184580 |  | 184580 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric |  | 1560812 |  | 1560812 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy-Alternate Sources |  | 165979 |  | 165979 |
| &nbsp;&nbsp;&nbsp;&nbsp; Engineering & Construction |  | 239750 |  | 239750 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 10936739 | 120330 | 11057069 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies |  | 192574 |  | 192574 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media |  | 173840 |  | 173840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mining |  | 385898 |  | 385898 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil & Gas |  | 2709060 |  | 2709060 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pipelines |  | 557305 |  | 557305 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors |  | 203187 |  | 203187 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation |  | 200750 |  | 200750 |
|  Total Fixed Income Securities |  | 17909193 | 120330 | 18029523 |
|  Preferred Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric | 259435 |  |  | 259435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors |  | 246807 |  | 246807 |
|  Total Preferred Stock | 259435 | 246807 |  | 506242 |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Agriculture | 328955 |  |  | 328955 |
| &nbsp;&nbsp;&nbsp;&nbsp; Airlines |  | 107768 |  | 107768 |
| &nbsp;&nbsp;&nbsp;&nbsp; Apparel | 251324 | 579580 |  | 830904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Auto Manufacturers |  | 206066 |  | 206066 |
| &nbsp;&nbsp;&nbsp;&nbsp; Auto Parts & Equipment |  | 678673 |  | 678673 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beverages | 240996 |  |  | 240996 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 250290 | 268903 |  | 519193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Coal | 247227 | 1489854 |  | 1737081 |
| &nbsp;&nbsp;&nbsp;&nbsp; Computers | 248709 | 287798 |  | 536507 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric |  | 258853 |  | 258853 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronics |  | 626699 |  | 626699 |
| &nbsp;&nbsp;&nbsp;&nbsp; Engineering & Construction | 252455 | 213668 |  | 466123 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food | 252679 | 835934 |  | 1088613 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gas |  | 233600 |  | 233600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care-Products | 241473 | 246050 |  | 487523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care-Services |  | 240846 |  | 240846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance |  | 1097163 |  | 1097163 |
| &nbsp;&nbsp;&nbsp;&nbsp; Internet | 555394 | 1604050 | 1100 | 2160544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Iron & Steel | 373600 |  | 754 | 374354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lodging | 371330 | 727697 |  | 1099027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery-Diversified | 252422 |  |  | 252422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metal Fabricate & Hardware |  | 231919 |  | 231919 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mining | 254282 |  |  | 254282 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil & Gas Services | 255885 |  |  | 255885 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil & Gas | 461047 | 213749 |  | 674796 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate | 380171 | 353967 |  | 734138 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail | 525354 |  |  | 525354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors |  | 2151467 |  | 2151467 |
| &nbsp;&nbsp;&nbsp;&nbsp; Telecommunications |  | 936787 |  | 936787 |
| &nbsp;&nbsp;&nbsp;&nbsp; Textiles | 265845 |  |  | 265845 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation | 228958 | 514843 |  | 743801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Water | 253230 |  |  | 253230 |
|  Total Common Stock | 6491626 | 14105934 | 1854 | 20599414 |
|  Money Market Investments | 2415008 |  |  | 2415008 |
|  Total Investments | $9166069 | $32261934 | $122184 | $41550187 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 2447 |  | 2447 |
|  Total | $9166069 | $32264381 | $122184 | $41552634 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk | $— | $(12471) | $— | $(12471) |
|  Total | $— | $(12471) | $— | $(12471) |

---

------

**TCW Global Real Estate Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—93.5% of Net Assets** |  |  |
|  **Australia—3.6%** (Cost: $1,256,166) |  |  |
|  Goodman Group | 80817 | $1150780 |
|  **Canada—6.7%** |  |  |
|  Killam Apartment Real Estate Investment Trust | 85078 | 1173182 |
|  Minto Apartment Real Estate Investment Trust | 78998 | 1002905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Canada** (Cost: $2,388,039) |  | 2176087 |
|  **China—1.8%** (Cost: $516,784) |  |  |
|  China Resources Land, Ltd. | 120000 | 575297 |
|  **Germany—3.9%** (Cost: $974,233) |  |  |
|  Stroeer SE & Co. KGaA | 22706 | 1243730 |
|  **Japan—7.0%** |  |  |
|  Mitsubishi Estate Co., Ltd. | 66000 | 849089 |
|  Mitsui Fudosan Co., Ltd. | 32900 | 617235 |
|  Nippon Prologis REIT, Inc. | 350 | 794932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Japan** (Cost: $2,648,341) |  | 2261256 |
|  **Singapore—2.2%** (Cost: $685,190) |  |  |
|  Capitaland Investment Ltd | 231100 | 699850 |
|  **Spain—3.5%** (Cost: $1,273,975) |  |  |
|  Cellnex Telecom SA | 28718 | 1124261 |
|  **United Kingdom—3.2%** (Cost: $1,326,370) |  |  |
|  Segro PLC | 101297 | 1041230 |
|  **United States—61.6%** |  |  |
|  Alexandria Real Estate Equities, Inc. | 10487 | 1685680 |
|  American Tower Corp. | 3446 | 769802 |
|  Brixmor Property Group, Inc. | 62140 | 1462154 |
|  Chatham Lodging Trust | 49498 | 703367 |
|  Equinix, Inc. | 1765 | 1302800 |
|  Gaming and Leisure Properties, Inc. | 18204 | 975006 |
|  Invitation Homes, Inc. | 16704 | 542880 |
|  Kite Realty Group Trust | 69000 | 1497300 |
|  Lamar Advertising Co. | 6359 | 677488 |
|  LXP Industrial Trust | 42695 | 493127 |
|  Mid-America Apartment Communities, Inc. | 4560 | 760243 |
|  Pebblebrook Hotel Trust | 25407 | 416675 |
|  Prologis, Inc. | 5535 | 715565 |
|  Public Storage | 2807 | 854282 |
|  Rexford Industrial Realty, Inc. | 10615 | 673734 |
|  Simon Property Group, Inc. | 5217 | 670176 |
|  Taylor Morrison Home Corp.<sup>(1)</sup> | 49064 | 1756491 |
|  TPG RE Finance Trust, Inc. | 144286 | 1256731 |
|  UWM Holdings Corp. | 113889 | 521612 |
|  Ventas, Inc. | 6844 | 354588 |
|  VICI Properties, Inc. | 23729 | 811057 |
|  Wyndham Hotels & Resorts, Inc. | 12151 | 941824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United States** (Cost: $18,102,612) |  | 19842582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $29,171,710) |  | 30115073 |
|  **Closed-end Fund—4.1%** |  |  |
|  **United States—4.1%** |  |  |
|  NexPoint Diversified Real Estate Trust | 99981 | 1308751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Closed-end Fund** (Cost: $1,503,062) |  | 1308751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Purchased Options<sup>(2)</sup> (0.3%)** (Cost: $211,413) |  | 90000 |
|  **Money Market Investments—1.9%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(3)</sup> | 628308 | 628308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $628,308) |  | 628308 |
|  **Total Investments (99.8%)** (Cost: $31,514,493) |  | 32142132 |
|  **Excess Of Other Assets Over Liabilities (0.2%)** |  | 49757 |
|  **Net Assets (100.0%)** |  | $32191889 |

---

------

**TCW Global Real Estate Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

**PURCHASED OPTIONS - EXCHANGE TRADED** 

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Put** | **Put** | **Put** | **Put** | **Put** | **Put** | **Put** | **Put** | **Put** |
|  Realty Income Corp. | Realty Income Corp. | $65.00 | 3/17/23 | 300 | $2034900 | $20250 | $107979 | $(87729) |
|  Vanguard Real Estate | Vanguard Real Estate | 95.00 | 3/17/23 | 150 | 1365900 | 69750 | 103434 | (33684) |
|  |  |  |  |  |  | $90000 | $211413 | $(121413) |
| <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** | <br> **WRITTEN OPTIONS - EXCHANGE TRADED** |
| **Description** |  | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums<br>Paid<br>(Received) by<br>Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Put** | **Put** | **Put** | **Put** | **Put** | **Put** | **Put** | **Put** | **Put** |
|  Realty Income Corp. |  | $55.00 | 3/17/23 | (300) | $(2034900) | $(2700) | $(32360) | $29660 |
|  Vanguard Real Estate |  | 80.00 | 3/17/23 | (150) | (1365900) | (4500) | (43429) | 38929 |
|  |  |  |  |  |  | $(7200) | $(75789) | $68589 |

---

**Notes to the Schedule of Investments:** 

---

| | |
|:---|:---|
| REIT | Real Estate Investment Trust. |
| (1) | Non-income producing security. |
| (2) | See options table for description of purchased options. |
| (3) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Global Real Estate Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Advertising | 3.9% |
|  Diversified Real Estate Activities | 8.6 |
|  Health Care REITs | 1.1 |
|  Homebuilding | 5.5 |
|  Hotel & Resort REITs | 6.4 |
|  Industrial REITs | 15.1 |
|  Mortgage REITs | 3.9 |
|  Office REITs | 5.2 |
|  Purchased Options | 0.3 |
|  Real Estate Development | 1.8 |
|  Real Estate Operating Companies | 2.2 |
|  Residential REITs | 10.8 |
|  Retail REITs | 11.3 |
|  Specialized REITs | 16.7 |
|  Thrifts & Mortgage Finance | 1.6 |
|  Wireless Telecommunication Services | 3.5 |
|  Money Market Investments | 1.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.8% |

---

------

**TCW Global Real Estate Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Advertising | $— | $1243730 | $— | $1243730 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Real Estate Activities |  | 1466324 |  | 1466324 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care REITs | 354588 |  |  | 354588 |
| &nbsp;&nbsp;&nbsp;&nbsp; Homebuilding | 1756491 |  |  | 1756491 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotel & Resort REITs | 2061866 |  |  | 2061866 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial REITs | 1882426 | 2986942 |  | 4869368 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage REITs | 1256731 |  |  | 1256731 |
| &nbsp;&nbsp;&nbsp;&nbsp; Office REITs | 1685680 |  |  | 1685680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Development |  | 575297 |  | 575297 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Operating Companies |  | 699850 |  | 699850 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential REITs | 3479210 |  |  | 3479210 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retail REITs | 3629630 |  |  | 3629630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialized REITs | 5390435 |  |  | 5390435 |
| &nbsp;&nbsp;&nbsp;&nbsp; Thrifts & Mortgage Finance | 521612 |  |  | 521612 |
| &nbsp;&nbsp;&nbsp;&nbsp; Wireless Telecommunication Services |  | 1124261 |  | 1124261 |
|  Total Common Stock | 22018669 | 8096404 |  | 30115073 |
|  Closed-end Fund | 1308751 |  |  | 1308751 |
|  Purchased Options | 90000 |  |  | 90000 |
|  Money Market Investments | 628308 |  |  | 628308 |
|  Total Investments | $24045728 | $8096404 | $— | $32142132 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Written Options |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Risk | $(7200) | $— | $— | $(7200) |
|  Total | $(7200) | $— | $— | $(7200) |

---

------

**TCW New America Premier Equities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—99.2% of Net Assets** |  |  |
|  **Aerospace & Defense—6.9%** |  |  |
|  HEICO Corp. | 64681 | $11057217 |
|  **Application Software—17.5%** |  |  |
|  Constellation Software, Inc. | 14578 | 25682561 |
|  Trade Desk, Inc. (The)<sup>(1)</sup> | 41979 | 2128335 |
|  |  | 27810896 |
|  **Data Processing & Outsourced Services—6.4%** |  |  |
|  Fiserv, Inc.<sup>(1)</sup> | 38587 | 4116461 |
|  Visa, Inc. | 26214 | 6034725 |
|  |  | 10151186 |
|  **Electrical Equipment—4.0%** |  |  |
|  AMETEK, Inc. | 44002 | 6376770 |
|  **Environmental & Facilities Services—6.2%** |  |  |
|  Waste Connections, Inc. (Canada) | 74704 | 9928162 |
|  **Financial Exchanges & Data—13.9%** |  |  |
|  FactSet Research Systems, Inc. | 19489 | 8242678 |
|  Morningstar, Inc. | 28491 | 6919894 |
|  S&P Global, Inc. | 18545 | 6953262 |
|  |  | 22115834 |
|  **Food Retail—3.6%** |  |  |
|  Alimentation Couche-Tard, Inc. | 124948 | 5689542 |
|  **Health Care Equipment—3.9%** |  |  |
|  Danaher Corp. | 23239 | 6143927 |
|  **Home Entertainment Software—1.1%** |  |  |
|  Activision Blizzard, Inc. | 22039 | 1687526 |
|  **Industrial Conglomerates—3.5%** |  |  |
|  Roper Technologies, Inc. | 13158 | 5615176 |
|  **Industrial Gases—3.8%** |  |  |
|  Linde PLC (Ireland) | 18255 | 6041310 |
|  **Life Sciences Tools & Services—6.8%** |  |  |
|  Agilent Technologies, Inc. | 25815 | 3925945 |
|  Mettler-Toledo International, Inc.<sup>(1)</sup> | 4508 | 6910403 |
|  |  | 10836348 |
|  **Multi-Sector Holdings—0.7%** |  |  |
|  Berkshire Hathaway, Inc.—Class B<sup>(1)</sup> | 3794 | 1181907 |
|  **Research & Consulting Services—1.9%** |  |  |
|  Wolters Kluwer NV (Netherlands) | 28492 | 3103140 |
|  **Semiconductors—4.4%** |  |  |
|  Broadcom, Inc. | 11941 | 6985604 |
|  **Soft Drinks—1.6%** |  |  |
|  PepsiCo, Inc. | 14682 | 2510916 |
|  **Systems Software—13.0%** |  |  |
|  Microsoft Corp. | 46748 | 11584622 |
|  Oracle Corp. | 102217 | 9042116 |
|  |  | 20626738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $107,389,899) |  | 157862199 |
|  **MONEY MARKET INVESTMENTS—0.9%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class 4.18%<sup>(2)</sup> | 1467775 | 1467775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $1,467,775) |  | 1467775 |
|  **Total Investments (100.1%)** (Cost: $108,857,674) |  | 159329974 |
|  **Liabilities In Excess Of Other Assets (-0.1%)** |  | (227237) |
|  **Net Assets (100.0%)** |  | $159102737 |

---

---

| | |
|:---|:---|
|  **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW New America Premier Equities Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Aerospace & Defense | 6.9% |
|  Application Software | 17.5 |
|  Data Processing & Outsourced Services | 6.4 |
|  Electrical Equipment | 4.0 |
|  Environmental & Facilities Services | 6.2 |
|  Financial Exchanges & Data | 13.9 |
|  Food Retail | 3.6 |
|  Health Care Equipment | 3.9 |
|  Home Entertainment Software | 1.1 |
|  Industrial Conglomerates | 3.5 |
|  Industrial Gases | 3.8 |
|  Life Sciences Tools & Services | 6.8 |
|  Multi-Sector Holdings | 0.7 |
|  Research & Consulting Services | 1.9 |
|  Semiconductors | 4.4 |
|  Soft Drinks | 1.6 |
|  Systems Software | 13.0 |
|  Money Market Investments | 0.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.1% |

---

------

**TCW New America Premier Equities Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | $11057217 | $— | $— | $11057217 |
| &nbsp;&nbsp;&nbsp;&nbsp; Application Software | 27810896 |  |  | 27810896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Data Processing & Outsourced Services | 10151186 |  |  | 10151186 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment | 6376770 |  |  | 6376770 |
| &nbsp;&nbsp;&nbsp;&nbsp; Environmental & Facilities Services | 9928162 |  |  | 9928162 |
| &nbsp;&nbsp;&nbsp;&nbsp; Financial Exchanges & Data | 22115834 |  |  | 22115834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food Retail | 5689542 |  |  | 5689542 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment | 6143927 |  |  | 6143927 |
| &nbsp;&nbsp;&nbsp;&nbsp; Home Entertainment Software | 1687526 |  |  | 1687526 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Conglomerates | 5615176 |  |  | 5615176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Gases | 6041310 |  |  | 6041310 |
| &nbsp;&nbsp;&nbsp;&nbsp; Life Sciences Tools & Services | 10836348 |  |  | 10836348 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multi-Sector Holdings | 1181907 |  |  | 1181907 |
| &nbsp;&nbsp;&nbsp;&nbsp; Research & Consulting Services |  | 3103140 |  | 3103140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors | 6985604 |  |  | 6985604 |
| &nbsp;&nbsp;&nbsp;&nbsp; Soft Drinks | 2510916 |  |  | 2510916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Systems Software | 20626738 |  |  | 20626738 |
|  Total Common Stock | 154759059 | 3103140 |  | 157862199 |
|  Money Market Investments | 1467775 |  |  | 1467775 |
|  Total Investments | $156226834 | $3103140 | $— | $159329974 |

---

------

**TCW Relative Value Dividend Appreciation Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—97.5% of Net Assets** |  |  |
|  **Aerospace & Defense—1.0%** |  |  |
|  Textron, Inc. | 36518 | $2660336 |
|  **Air Freight & Logistics—3.0%** |  |  |
|  United Parcel Service, Inc.—Class B | 45481 | 8424446 |
|  **Auto Components—2.0%** |  |  |
|  BorgWarner, Inc. | 117515 | 5556109 |
|  **Banks—7.0%** |  |  |
|  JPMorgan Chase & Co. | 68525 | 9590759 |
|  Wells Fargo & Co. | 209513 | 9819874 |
|  |  | 19410633 |
|  **Beverages—3.9%** |  |  |
|  Keurig Dr Pepper, Inc. | 105155 | 3709868 |
|  PepsiCo, Inc. | 41539 | 7104000 |
|  |  | 10813868 |
|  **Biotechnology—7.6%** |  |  |
|  AbbVie, Inc. | 51656 | 7632174 |
|  Amgen, Inc. | 20266 | 5115139 |
|  Gilead Sciences, Inc. | 100148 | 8406423 |
|  |  | 21153736 |
|  **Building Products—4.2%** |  |  |
|  Carlisle Cos., Inc. | 11426 | 2866326 |
|  Johnson Controls International PLC (Ireland) | 124475 | 8659726 |
|  |  | 11526052 |
|  **Capital Markets—8.7%** |  |  |
|  Ameriprise Financial, Inc. | 25583 | 8957120 |
|  Blackstone, Inc. | 24286 | 2330485 |
|  Intercontinental Exchange, Inc. | 47167 | 5072811 |
|  Morgan Stanley | 80519 | 7836914 |
|  |  | 24197330 |
|  **Chemicals—3.7%** |  |  |
|  Corteva, Inc. | 54227 | 3494930 |
|  DuPont de Nemours, Inc. | 91082 | 6735514 |
|  |  | 10230444 |
|  **Diversified Telecommunication Services—1.3%** |  |  |
|  AT&T, Inc. | 180026 | 3667130 |
|  **Electrical Equipment—2.1%** |  |  |
|  nVent Electric PLC (Ireland) | 148512 | 5903352 |
|  **Electronic Equipment, Instruments & Components—1.2%** |  |  |
|  Corning, Inc. | 92346 | 3196095 |
|  **Energy Equipment & Services—2.4%** |  |  |
|  Baker Hughes Co. | 213507 | 6776712 |
|  **Entertainment—1.2%** |  |  |
|  Warner Bros Discovery, Inc.<sup>(1)</sup> | 217733 | 3226803 |
|  **Equity Real Estate—2.2%** |  |  |
|  Simon Property Group, Inc. | 46504 | 5973904 |
|  **Food Products—0.9%** |  |  |
|  Conagra Brands, Inc. | 67037 | 2493106 |
|  **Health Care Equipment & Supplies—1.1%** |  |  |
|  GE Healthcare, Inc.<sup>(1)</sup> | 44216 | 3073896 |
|  **Health Care Providers & Services—6.4%** |  |  |
|  Elevance Health, Inc. | 16372 | 8185836 |
|  McKesson Corp. | 25031 | 9478739 |
|  |  | 17664575 |
|  **Hotels, Restaurants & Leisure—2.0%** |  |  |
|  Darden Restaurants, Inc. | 37112 | 5491463 |
|  **Household Durables—3.2%** |  |  |
|  Lennar Corp. | 86225 | 8829440 |
|  **Independent Power and Renewable Electricity Producers—3.1%** |  |  |
|  AES Corp. (The) | 314410 | 8617978 |
|  **Industrial Conglomerates—2.5%** |  |  |
|  General Electric Co. | 87700 | 7058096 |
|  **Insurance—3.9%** |  |  |
|  MetLife, Inc. | 149256 | 10898673 |
|  **IT Services—2.9%** |  |  |
|  International Business Machines Corp. | 60562 | 8159518 |
|  **Media—4.2%** |  |  |
|  Comcast Corp. | 154093 | 6063560 |
|  Fox Corp. | 161327 | 5475438 |
|  |  | 11538998 |
|  **Metals & Mining—1.2%** |  |  |
|  Freeport-McMoRan, Inc. | 72273 | 3224821 |
|  **Multiline Retail—1.1%** |  |  |
|  Target Corp. | 17132 | 2949103 |
|  **Oil, Gas & Consumable Fuels—4.4%** |  |  |
|  Chevron Corp. | 23665 | 4118183 |
|  Exxon Mobil Corp. | 70575 | 8187406 |
|  |  | 12305589 |
|  **Pharmaceuticals—3.4%** |  |  |
|  Johnson & Johnson | 16171 | 2642665 |
|  Novartis AG (SP ADR) (Switzerland) | 75000 | 6796500 |
|  |  | 9439165 |
|  **Semiconductors & Semiconductor Equipment—3.3%** |  |  |
|  Broadcom, Inc. | 15560 | 9102756 |
|  **Software—0.5%** |  |  |
|  Salesforce, Inc.<sup>(1)</sup> | 8257 | 1386928 |
|  **Specialty Retail—1.9%** |  |  |
|  Dick's Sporting Goods, Inc. | 39412 | 5153513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $175,264,707) |  | 270104568 |
|  **MONEY MARKET INVESTMENTS—2.3%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,4.18%<sup>(2)</sup> | 6467285 | 6467285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $6,467,285) |  | 6467285 |
|  **Total Investments (99.8%)** (Cost: $181,731,992) |  | 276571853 |
|  **Excess Of Other Assets Over Liabilities (0.2%)** |  | 572125 |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | $277143978 |

---

------

**TCW Relative Value Dividend Appreciation Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| SP ADR | Sponsored American Depositary Receipt. ADRs are receipts, typically issued by a U.S. bank or trust company, evidencing ownership of underlying securities issued by a foreign corporation. Sponsored ADRs are ADRs issued with the cooperation of the foreign corporation. |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Relative Value Dividend Appreciation Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Aerospace & Defense | 1.0% |
|  Air Freight & Logistics | 3 |
|  Auto Components | 2 |
|  Banks | 7 |
|  Beverages | 3.9 |
|  Biotechnology | 7.6 |
|  Building Products | 4.2 |
|  Capital Markets | 8.7 |
|  Chemicals | 3.7 |
|  Diversified Telecommunication Services | 1.3 |
|  Electrical Equipment | 2.1 |
|  Electronic Equipment, Instruments & Components | 1.2 |
|  Energy Equipment & Services | 2.4 |
|  Entertainment | 1.2 |
|  Equity Real Estate | 2.2 |
|  Food Products | 0.9 |
|  Health Care Equipment & Supplies | 1.1 |
|  Health Care Providers & Services | 6.4 |
|  Hotels, Restaurants & Leisure | 2 |
|  Household Durables | 3.2 |
|  Independent Power and Renewable Electricity Producers | 3.1 |
|  Industrial Conglomerates | 2.5 |
|  Insurance | 3.9 |
|  IT Services | 2.9 |
|  Media | 4.2 |
|  Metals & Mining | 1.2 |
|  Multiline Retail | 1.1 |
|  Oil, Gas & Consumable Fuels | 4.4 |
|  Pharmaceuticals | 3.4 |
|  Semiconductors & Semiconductor Equipment | 3.3 |
|  Software | 0.5 |
|  Specialty Retail | 1.9 |
|  Money Market Investments | 2.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.8% |

---

------

**TCW Relative Value Dividend Appreciation Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | $2660336 | $— | $— | $2660336 |
| &nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics | 8424446 |  |  | 8424446 |
| &nbsp;&nbsp;&nbsp;&nbsp; Auto Components | 5556109 |  |  | 5556109 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banks | 19410633 |  |  | 19410633 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beverages | 10813868 |  |  | 10813868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Biotechnology | 21153736 |  |  | 21153736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Building Products | 11526052 |  |  | 11526052 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 24197330 |  |  | 24197330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 10230444 |  |  | 10230444 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Telecommunication Services | 3667130 |  |  | 3667130 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electrical Equipment | 5903352 |  |  | 5903352 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components | 3196095 |  |  | 3196095 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | 6776712 |  |  | 6776712 |
| &nbsp;&nbsp;&nbsp;&nbsp; Entertainment | 3226803 |  |  | 3226803 |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity Real Estate | 5973904 |  |  | 5973904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food Products | 2493106 |  |  | 2493106 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 3073896 |  |  | 3073896 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 17664575 |  |  | 17664575 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | 5491463 |  |  | 5491463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Durables | 8829440 |  |  | 8829440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Independent Power and Renewable Electricity Producers | 8617978 |  |  | 8617978 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Conglomerates | 7058096 |  |  | 7058096 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 10898673 |  |  | 10898673 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services | 8159518 |  |  | 8159518 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media | 11538998 |  |  | 11538998 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 3224821 |  |  | 3224821 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multiline Retail | 2949103 |  |  | 2949103 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 12305589 |  |  | 12305589 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 9439165 |  |  | 9439165 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 9102756 |  |  | 9102756 |
| &nbsp;&nbsp;&nbsp;&nbsp; Software | 1386928 |  |  | 1386928 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 5153513 |  |  | 5153513 |
|  Total Common Stock | 270104568 |  |  | 270104568 |
|  Money Market Investments | 6467285 |  |  | 6467285 |
|  Total Investments | $276571853 | $— | $— | $276571853 |

---

------

**TCW Relative Value Large Cap Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—99.2% of Net Assets** |  |  |
|  **Aerospace & Defense—2.5%** |  |  |
|  Textron, Inc. | 40955 | $2983572 |
|  **Air Freight & Logistics—2.7%** |  |  |
|  United Parcel Service, Inc.—Class B | 17653 | 3269865 |
|  **Banks—3.9%** |  |  |
|  Citigroup, Inc. | 5872 | 306636 |
|  JPMorgan Chase & Co. | 31586 | 4420776 |
|  |  | 4727412 |
|  **Beverages—3.5%** |  |  |
|  Keurig Dr Pepper, Inc. | 46509 | 1640838 |
|  PepsiCo, Inc. | 15157 | 2592150 |
|  |  | 4232988 |
|  **Biotechnology—6.5%** |  |  |
|  AbbVie, Inc. | 20374 | 3010259 |
|  Amgen, Inc. | 8285 | 2091134 |
|  Gilead Sciences, Inc. | 32444 | 2723349 |
|  |  | 7824742 |
|  **Building Products—3.1%** |  |  |
|  Johnson Controls International PLC (Ireland) | 53896 | 3749545 |
|  **Capital Markets—7.4%** |  |  |
|  Ameriprise Financial, Inc. | 9363 | 3278173 |
|  Intercontinental Exchange, Inc. | 27052 | 2909443 |
|  Morgan Stanley | 27800 | 2705774 |
|  |  | 8893390 |
|  **Chemicals—2.0%** |  |  |
|  DuPont de Nemours, Inc. | 33288 | 2461648 |
|  **Communications Equipment—1.8%** |  |  |
|  Juniper Networks, Inc. | 66410 | 2145043 |
|  **Diversified Financial Services—1.9%** |  |  |
|  Apollo Global Management, Inc. | 31579 | 2235162 |
|  **Diversified Telecommunication Services—1.2%** |  |  |
|  AT&T, Inc. | 68774 | 1400926 |
|  **Electronic Equipment, Instruments & Components—3.7%** |  |  |
|  Corning, Inc. | 39334 | 1361350 |
|  Flex Ltd.<sup>(1)</sup> | 130567 | 3048739 |
|  |  | 4410089 |
|  **Energy Equipment & Services—2.1%** |  |  |
|  Baker Hughes Co. | 78064 | 2477751 |
|  **Entertainment—1.3%** |  |  |
|  Warner Bros Discovery, Inc.<sup>(1)</sup> | 106424 | 1577204 |
|  **Equity Real Estate—2.6%** |  |  |
|  Simon Property Group, Inc. | 13973 | 1794972 |
|  Weyerhaeuser Co. | 38057 | 1310302 |
|  |  | 3105274 |
|  **Food Products—1.1%** |  |  |
|  Conagra Brands, Inc. | 34500 | 1283055 |
|  **Health Care Equipment & Supplies—1.0%** |  |  |
|  GE Healthcare, Inc.<sup>(1)</sup> | 17218 | 1196995 |
|  **Health Care Providers & Services—9.4%** |  |  |
|  Centene Corp.<sup>(1)</sup> | 48707 | 3713422 |
|  McKesson Corp. | 11267 | 4266587 |
|  Molina Healthcare, Inc.<sup>(1)</sup> | 10523 | 3281387 |
|  |  | 11261396 |
|  **Hotels, Restaurants & Leisure—2.9%** |  |  |
|  Darden Restaurants, Inc. | 23594 | 3491204 |
|  **Household Durables—3.8%** |  |  |
|  Lennar Corp. | 44666 | 4573798 |
|  **Independent Power and Renewable Electricity Producers—2.6%** |  |  |
|  AES Corp. (The) | 111900 | 3067179 |
|  **Industrial Conglomerates—2.1%** |  |  |
|  General Electric Co. | 31641 | 2546468 |
|  **Insurance—2.9%** |  |  |
|  MetLife, Inc. | 48363 | 3531466 |
|  **IT Services—5.0%** |  |  |
|  Fiserv, Inc.<sup>(1)</sup> | 28268 | 3015630 |
|  International Business Machines Corp. | 22213 | 2992758 |
|  |  | 6008388 |
|  **Media—4.5%** |  |  |
|  Comcast Corp. | 71591 | 2817106 |
|  Fox Corp. | 50902 | 1727614 |
|  Paramount Global—Class B | 39024 | 903796 |
|  |  | 5448516 |
|  **Metals & Mining—2.1%** |  |  |
|  Freeport-McMoRan, Inc. | 56860 | 2537093 |
|  **Multiline Retail—1.5%** |  |  |
|  Target Corp. | 10243 | 1763230 |
|  **Oil, Gas & Consumable Fuels—4.0%** |  |  |
|  Chevron Corp. | 5765 | 1003225 |
|  Exxon Mobil Corp. | 32630 | 3785407 |
|  |  | 4788632 |
|  **Real Estate Management & Development—1.8%** |  |  |
|  Jones Lang LaSalle, Inc.<sup>(1)</sup> | 11709 | 2164643 |
|  **Semiconductors & Semiconductor Equipment—5.6%** |  |  |
|  Broadcom, Inc. | 5562 | 3253826 |
|  ON Semiconductor Corp.<sup>(1)</sup> | 47805 | 3511277 |
|  |  | 6765103 |
|  **Software—0.6%** |  |  |
|  Salesforce, Inc.<sup>(1)</sup> | 3956 | 664489 |
|  **Specialty Retail—2.1%** |  |  |
|  Dick's Sporting Goods, Inc. | 18958 | 2478948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $68,165,781) |  | 119065214 |
|  **MONEY MARKET INVESTMENTS—0.6%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(2)</sup> | 776992 | 776992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $776,992) |  | 776992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (99.8%)** (Cost: $68,942,773) |  | 119842206 |
|  **Excess Of Other Assets Over Liabilities (0.2%)** |  | 208730 |
|  **Net Assets (100.0%)** |  | $120050936 |

---

---

| | |
|:---|:---|
|  **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Relative Value Large Cap Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Aerospace & Defense | 2.5% |
|  Air Freight & Logistics | 2.7 |
|  Banks | 3.9 |
|  Beverages | 3.5 |
|  Biotechnology | 6.5 |
|  Building Products | 3.1 |
|  Capital Markets | 7.4 |
|  Chemicals | 2 |
|  Communications Equipment | 1.8 |
|  Diversified Financial Services | 1.9 |
|  Diversified Telecommunication Services | 1.2 |
|  Electronic Equipment, Instruments & Components | 3.7 |
|  Energy Equipment & Services | 2.1 |
|  Entertainment | 1.3 |
|  Equity Real Estate | 2.6 |
|  Food Products | 1.1 |
|  Health Care Equipment & Supplies | 1 |
|  Health Care Providers & Services | 9.4 |
|  Hotels, Restaurants & Leisure | 2.9 |
|  Household Durables | 3.8 |
|  Independent Power and Renewable Electricity Producers | 2.6 |
|  Industrial Conglomerates | 2.1 |
|  Insurance | 2.9 |
|  IT Services | 5 |
|  Media | 4.5 |
|  Metals & Mining | 2.1 |
|  Multiline Retail | 1.5 |
|  Oil, Gas & Consumable Fuels | 4 |
|  Real Estate Management & Development | 1.8 |
|  Semiconductors & Semiconductor Equipment | 5.6 |
|  Software | 0.6 |
|  Specialty Retail | 2.1 |
|  Money Market Investments | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.8% |

---

------

**TCW Relative Value Large Cap Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | $2983572 | $— | $— | $2983572 |
| &nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics | 3269865 |  |  | 3269865 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banks | 4727412 |  |  | 4727412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beverages | 4232988 |  |  | 4232988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Biotechnology | 7824742 |  |  | 7824742 |
| &nbsp;&nbsp;&nbsp;&nbsp; Building Products | 3749545 |  |  | 3749545 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 8893390 |  |  | 8893390 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 2461648 |  |  | 2461648 |
| &nbsp;&nbsp;&nbsp;&nbsp; Communications Equipment | 2145043 |  |  | 2145043 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Financial Services | 2235162 |  |  | 2235162 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Telecommunication Services | 1400926 |  |  | 1400926 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components | 4410089 |  |  | 4410089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | 2477751 |  |  | 2477751 |
| &nbsp;&nbsp;&nbsp;&nbsp; Entertainment | 1577204 |  |  | 1577204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity Real Estate | 3105274 |  |  | 3105274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food Products | 1283055 |  |  | 1283055 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 1196995 |  |  | 1196995 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 11261396 |  |  | 11261396 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | 3491204 |  |  | 3491204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Durables | 4573798 |  |  | 4573798 |
| &nbsp;&nbsp;&nbsp;&nbsp; Independent Power and Renewable Electricity Producers | 3067179 |  |  | 3067179 |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrial Conglomerates | 2546468 |  |  | 2546468 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 3531466 |  |  | 3531466 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services | 6008388 |  |  | 6008388 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media | 5448516 |  |  | 5448516 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 2537093 |  |  | 2537093 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multiline Retail | 1763230 |  |  | 1763230 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 4788632 |  |  | 4788632 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | 2164643 |  |  | 2164643 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 6765103 |  |  | 6765103 |
| &nbsp;&nbsp;&nbsp;&nbsp; Software | 664489 |  |  | 664489 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 2478948 |  |  | 2478948 |
|  Total Common Stock | 119065214 |  |  | 119065214 |
|  Money Market Investments | 776992 |  |  | 776992 |
|  Total Investments | $119842206 | $— | $— | $119842206 |

---

------

**TCW Relative Value Mid Cap Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—99.3% of Net Assets** |  |  |
|  **Aerospace & Defense—2.7%** |  |  |
|  Textron, Inc. | 30488 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2221051 |
|  **Air Freight & Logistics—0.9%** |  |  |
|  FedEx Corp. | 3838 | 744035 |
|  **Airlines—1.7%** |  |  |
|  United Airlines Holdings, Inc.<sup>(1)</sup> | 27721 | 1357220 |
|  **Auto Components—2.3%** |  |  |
|  American Axle & Manufacturing Holdings, Inc.<sup>(1)</sup> | 43800 | 388506 |
|  BorgWarner, Inc. | 31345 | 1481992 |
|  |  | 1870498 |
|  **Banks—8.4%** |  |  |
|  First Citizens BancShares, Inc. | 1447 | 1125303 |
|  KeyCorp | 144598 | 2774836 |
|  Popular, Inc. | 42897 | 2944450 |
|  |  | 6844589 |
|  **Building Products—0.3%** |  |  |
|  Carlisle Cos., Inc. | 945 | 237063 |
|  **Capital Markets—1.1%** |  |  |
|  Evercore, Inc. | 7054 | 915680 |
|  **Chemicals—2.8%** |  |  |
|  Corteva, Inc. | 16140 | 1040223 |
|  DuPont de Nemours, Inc. | 17474 | 1292202 |
|  |  | 2332425 |
|  **Communications Equipment—2.4%** |  |  |
|  Juniper Networks, Inc. | 60112 | 1941618 |
|  **Construction & Engineering—1.5%** |  |  |
|  Arcosa, Inc. | 21271 | 1260732 |
|  **Consumer Finance—1.1%** |  |  |
|  OneMain Holdings, Inc. | 20903 | 901755 |
|  **Diversified Financial Services—4.7%** |  |  |
|  Apollo Global Management, Inc. | 28971 | 2050567 |
|  Equitable Holdings, Inc. | 57035 | 1829113 |
|  |  | 3879680 |
|  **Electronic Equipment, Instruments & Components—7.0%** |  |  |
|  Avnet, Inc. | 33765 | 1549138 |
|  Coherent Corp.<sup>(1)</sup> | 4600 | 199640 |
|  Flex Ltd.<sup>(1)</sup> | 100581 | 2348566 |
|  TTM Technologies, Inc.<sup>(1)</sup> | 103512 | 1627209 |
|  |  | 5724553 |
|  **Energy Equipment & Services—2.8%** |  |  |
|  Baker Hughes Co. | 44247 | 1404400 |
|  NOV, Inc. | 34938 | 853884 |
|  |  | 2258284 |
|  **Entertainment—1.5%** |  |  |
|  Warner Bros Discovery, Inc.<sup>(1)</sup> | 85465 | 1266591 |
|  **Equity Real Estate—2.0%** |  |  |
|  Innovative Industrial Properties, Inc. | 4253 | 381834 |
|  SITE Centers Corp. | 93671 | 1278609 |
|  |  | 1660443 |
|  **Food & Staples Retailing—0.5%** |  |  |
|  Sprouts Farmers Market, Inc.<sup>(1)</sup> | 13748 | 439249 |
|  **Food Products—1.0%** |  |  |
|  Conagra Brands, Inc. | 22302 | 829411 |
|  **Health Care Equipment & Supplies—0.8%** |  |  |
|  Envista Holdings Corp.<sup>(1)</sup> | 16163 | 630195 |
|  **Health Care Providers & Services—10.1%** |  |  |
|  Acadia Healthcare Co., Inc.<sup>(1)</sup> | 24759 | 2080251 |
|  AdaptHealth Corp.<sup>(1)</sup> | 26638 | 570852 |
|  Centene Corp.<sup>(1)</sup> | 34298 | 2614880 |
|  Henry Schein, Inc.<sup>(1)</sup> | 12145 | 1046292 |
|  Molina Healthcare, Inc.<sup>(1)</sup> | 6272 | 1955798 |
|  |  | 8268073 |
|  **Hotels, Restaurants & Leisure—3.0%** |  |  |
|  Darden Restaurants, Inc. | 14515 | 2147784 |
|  Travel + Leisure Co. | 7315 | 309937 |
|  |  | 2457721 |
|  **Household Durables—6.7%** |  |  |
|  DR Horton, Inc. | 15882 | 1567395 |
|  Lennar Corp. | 21077 | 2158285 |
|  Toll Brothers, Inc. | 29968 | 1782796 |
|  |  | 5508476 |
|  **Independent Power and Renewable Electricity Producers—3.0%** |  |  |
|  AES Corp. (The) | 88935 | 2437708 |
|  **Insurance—3.9%** |  |  |
|  Arch Capital Group, Ltd.<sup>(1)</sup> | 35349 | 2274708 |
|  Assured Guaranty, Ltd. | 14408 | 901941 |
|  |  | 3176649 |
|  **Internet & Direct Marketing Retail—1.0%** |  |  |
|  eBay, Inc. | 17359 | 859270 |
|  **IT Services—1.0%** |  |  |
|  DXC Technology Co.<sup>(1)</sup> | 27348 | 785708 |
|  **Machinery—5.0%** |  |  |
|  AGCO Corp. | 8683 | 1199383 |
|  Manitowoc Co., Inc. (The)<sup>(1)</sup> | 54862 | 751609 |
|  Terex Corp. | 8934 | 455366 |
|  Westinghouse Air Brake Technologies Corp. | 16395 | 1701965 |
|  |  | 4108323 |
|  **Marine—1.7%** |  |  |
|  Kirby Corp.<sup>(1)</sup> | 19099 | 1351827 |
|  **Media—1.4%** |  |  |
|  Interpublic Group of Cos., Inc. (The) | 32447 | 1183018 |
|  **Metals & Mining—2.1%** |  |  |
|  Freeport-McMoRan, Inc. | 38299 | 1708901 |
|  **Multi-Utilities—1.4%** |  |  |
|  Sempra Energy | 6990 | 1120707 |
|  **Multiline Retail—1.3%** |  |  |
|  Dollar Tree, Inc.<sup>(1)</sup> | 7241 | 1087453 |
|  **Oil, Gas & Consumable Fuels—1.9%** |  |  |
|  ConocoPhillips | 5084 | 619587 |
|  Marathon Petroleum Corp. | 7320 | 940766 |
|  |  | 1560353 |
|  **Personal Products—1.7%** |  |  |
|  Coty, Inc.<sup>(1)</sup> | 142559 | &nbsp;&nbsp;&nbsp;&nbsp;1419888 |

---

------

**TCW Relative Value Mid Cap Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **Pharmaceuticals—1.0%** |  |  |
|  Perrigo Co. PLC | 22530 | $843073 |
|  **Professional Services—0.9%** |  |  |
|  Jacobs Solutions, Inc. | 5926 | 732157 |
|  **Real Estate Management & Development—2.4%** |  |  |
|  Jones Lang LaSalle, Inc.<sup>(1)</sup> | 10726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1982916 |
|  **Road & Rail—0.5%** |  |  |
|  Hertz Global Holdings, Inc.<sup>(1)</sup> | 23234 | 418677 |
|  **Semiconductors & Semiconductor Equipment—0.6%** |  |  |
|  Analog Devices, Inc. | 2740 | 469828 |
|  **Specialty Retail—3.2%** |  |  |
|  Dick's Sporting Goods, Inc. | 9359 | 1223783 |
|  Foot Locker, Inc. | 14388 | 626022 |
|  Guess?, Inc. | 21055 | 487844 |
|  Williams-Sonoma, Inc. | 2367 | 319403 |
|  |  | 2657052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $51,500,477) |  | 81452850 |
|  **MONEY MARKET INVESTMENTS—0.6%** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(2)</sup> | 461047 | 461047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $461,047) |  | 461047 |
|  **Total Investments (99.9%)** (Cost: $51,961,524) |  | 81913897 |
|  **Excess Of Other Assets Over Liabilities (0.1%)** |  | 62538 |
|  **Net Assets (100.0%)** |  | $&nbsp;&nbsp;&nbsp;&nbsp;81976435 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Relative Value Mid Cap Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Aerospace & Defense | 2.7% |
|  Air Freight & Logistics | 0.9 |
|  Airlines | 1.7 |
|  Auto Components | 2.3 |
|  Banks | 8.4 |
|  Building Products | 0.3 |
|  Capital Markets | 1.1 |
|  Chemicals | 2.8 |
|  Communications Equipment | 2.4 |
|  Construction & Engineering | 1.5 |
|  Consumer Finance | 1.1 |
|  Diversified Financial Services | 4.7 |
|  Electronic Equipment, Instruments & Components | 7 |
|  Energy Equipment & Services | 2.8 |
|  Entertainment | 1.5 |
|  Equity Real Estate | 2 |
|  Food & Staples Retailing | 0.5 |
|  Food Products | 1 |
|  Health Care Equipment & Supplies | 0.8 |
|  Health Care Providers & Services | 10.1 |
|  Hotels, Restaurants & Leisure | 3 |
|  Household Durables | 6.7 |
|  Independent Power and Renewable Electricity Producers | 3 |
|  Insurance | 3.9 |
|  Internet & Direct Marketing Retail | 1 |
|  IT Services | 1 |
|  Machinery | 5 |
|  Marine | 1.7 |
|  Media | 1.4 |
|  Metals & Mining | 2.1 |
|  Multi-Utilities | 1.4 |
|  Multiline Retail | 1.3 |
|  Oil, Gas & Consumable Fuels | 1.9 |
|  Personal Products | 1.7 |
|  Pharmaceuticals | 1 |
|  Professional Services | 0.9 |
|  Real Estate Management & Development | 2.4 |
|  Road & Rail | 0.5 |
|  Semiconductors & Semiconductor Equipment | 0.6 |
|  Specialty Retail | 3.2 |
|  Money Market Investments | 0.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.9% |

---

------

---

| | |
|:---|:---|
| **TCW Relative Value Mid Cap Fund** |  |
| Fair Valuation Summary (Unaudited) | January 31, 2023 |

---

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Aerospace & Defense | $2221051 | $— | $— | $2221051 |
| &nbsp;&nbsp;&nbsp;&nbsp; Air Freight & Logistics | 744035 |  |  | 744035 |
| &nbsp;&nbsp;&nbsp;&nbsp; Airlines | 1357220 |  |  | 1357220 |
| &nbsp;&nbsp;&nbsp;&nbsp; Auto Components | 1870498 |  |  | 1870498 |
| &nbsp;&nbsp;&nbsp;&nbsp; Banks | 6844589 |  |  | 6844589 |
| &nbsp;&nbsp;&nbsp;&nbsp; Building Products | 237063 |  |  | 237063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | 915680 |  |  | 915680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Chemicals | 2332425 |  |  | 2332425 |
| &nbsp;&nbsp;&nbsp;&nbsp; Communications Equipment | 1941618 |  |  | 1941618 |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction & Engineering | 1260732 |  |  | 1260732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Consumer Finance | 901755 |  |  | 901755 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diversified Financial Services | 3879680 |  |  | 3879680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electronic Equipment, Instruments & Components | 5724553 |  |  | 5724553 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | 2258284 |  |  | 2258284 |
| &nbsp;&nbsp;&nbsp;&nbsp; Entertainment | 1266591 |  |  | 1266591 |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity Real Estate | 1660443 |  |  | 1660443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food & Staples Retailing | 439249 |  |  | 439249 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food Products | 829411 |  |  | 829411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 630195 |  |  | 630195 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | 8268073 |  |  | 8268073 |
| &nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | 2457721 |  |  | 2457721 |
| &nbsp;&nbsp;&nbsp;&nbsp; Household Durables | 5508476 |  |  | 5508476 |
| &nbsp;&nbsp;&nbsp;&nbsp; Independent Power and Renewable Electricity Producers | 2437708 |  |  | 2437708 |
| &nbsp;&nbsp;&nbsp;&nbsp; Insurance | 3176649 |  |  | 3176649 |
| &nbsp;&nbsp;&nbsp;&nbsp; Internet & Direct Marketing Retail | 859270 |  |  | 859270 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services | 785708 |  |  | 785708 |
| &nbsp;&nbsp;&nbsp;&nbsp; Machinery | 4108323 |  |  | 4108323 |
| &nbsp;&nbsp;&nbsp;&nbsp; Marine | 1351827 |  |  | 1351827 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media | 1183018 |  |  | 1183018 |
| &nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | 1708901 |  |  | 1708901 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multi-Utilities | 1120707 |  |  | 1120707 |
| &nbsp;&nbsp;&nbsp;&nbsp; Multiline Retail | 1087453 |  |  | 1087453 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | 1560353 |  |  | 1560353 |
| &nbsp;&nbsp;&nbsp;&nbsp; Personal Products | 1419888 |  |  | 1419888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 843073 |  |  | 843073 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Services | 732157 |  |  | 732157 |
| &nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | 1982916 |  |  | 1982916 |
| &nbsp;&nbsp;&nbsp;&nbsp; Road & Rail | 418677 |  |  | 418677 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 469828 |  |  | 469828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 2657052 |  |  | 2657052 |
|  Total Common Stock | 81452850 |  |  | 81452850 |
|  Money Market Investments | 461047 |  |  | 461047 |
|  Total Investments | $81913897 | $— | $— | $81913897 |

---

------

**TCW Select Equities Fund** 

SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **COMMON STOCK—97.3% of Net Assets** | **COMMON STOCK—97.3% of Net Assets** | **COMMON STOCK—97.3% of Net Assets** |
|  **Capital Markets—7.3%** | **Capital Markets—7.3%** | **Capital Markets—7.3%** |
|  Charles Schwab Corp. (The) | 191268 | $14807968 |
|  S&P Global, Inc. | 68086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25528165 |
|  |  | 40336133 |
|  **Commercial Services & Supplies—2.2%** | **Commercial Services & Supplies—2.2%** | **Commercial Services & Supplies—2.2%** |
|  Waste Connections, Inc. (Canada) | 92732 | 12324083 |
|  **Equity Real Estate—4.2%** | **Equity Real Estate—4.2%** | **Equity Real Estate—4.2%** |
|  American Tower Corp. | 104407 | 23323480 |
|  **Food & Staples Retailing—3.5%** | **Food & Staples Retailing—3.5%** | **Food & Staples Retailing—3.5%** |
|  Costco Wholesale Corp. | 37437 | 19135548 |
|  **Health Care Equipment & Supplies—7.6%** | **Health Care Equipment & Supplies—7.6%** | **Health Care Equipment & Supplies—7.6%** |
|  Align Technology, Inc.<sup>(1)</sup> | 32929 | 8881939 |
|  Boston Scientific Corp.<sup>(1)</sup> | 289379 | 13383779 |
|  DexCom, Inc.<sup>(1)</sup> | 130428 | 13967534 |
|  Intuitive Surgical, Inc.<sup>(1)</sup> | 22065 | 5421150 |
|  |  | 41654402 |
|  **Interactive Media & Services—6.2%** | **Interactive Media & Services—6.2%** | **Interactive Media & Services—6.2%** |
|  Alphabet, Inc.— Class C<sup>(1)</sup> | 343924 | 34347690 |
|  **Internet & Direct Marketing Retail—5.3%** | **Internet & Direct Marketing Retail—5.3%** | **Internet & Direct Marketing Retail—5.3%** |
|  Amazon.com, Inc.<sup>(1)</sup> | 281840 | 29066159 |
|  **IT Services—12.3%** | **IT Services—12.3%** | **IT Services—12.3%** |
|  Mastercard, Inc. | 57455 | 21292823 |
|  PayPal Holdings, Inc.<sup>(1)</sup> | 111260 | 9066577 |
|  Snowflake, Inc.<sup>(1)</sup> | 41229 | 6449865 |
|  Visa, Inc. | 134869 | 31048193 |
|  |  | 67857458 |
|  **Life Sciences Tools & Services—3.5%** | **Life Sciences Tools & Services—3.5%** | **Life Sciences Tools & Services—3.5%** |
|  IQVIA Holdings, Inc.<sup>(1)</sup> | 82807 | 18996754 |
|  **Pharmaceuticals—3.4%** | **Pharmaceuticals—3.4%** | **Pharmaceuticals—3.4%** |
|  Zoetis, Inc. | 113560 | 18793044 |
|  **Professional Services—1.9%** | **Professional Services—1.9%** | **Professional Services—1.9%** |
|  TransUnion | 147556 | 10587143 |
|  **Semiconductors & Semiconductor Equipment—10.6%** | **Semiconductors & Semiconductor Equipment—10.6%** | **Semiconductors & Semiconductor Equipment—10.6%** |
|  ASML Holding NV (Netherlands) | 26573 | 17560501 |
|  Enphase Energy, Inc.<sup>(1)</sup> | 43924 | 9723895 |
|  NVIDIA Corp. | 157901 | 30849119 |
|  |  | 58133515 |
|  **Software—21.0%** | **Software—21.0%** | **Software—21.0%** |
|  Adobe, Inc.<sup>(1)</sup> | 45161 | 16724925 |
|  Crowdstrike Holdings, Inc.<sup>(1)</sup> | 88151 | 9335191 |
|  Microsoft Corp. | 112399 | 27853596 |
|  Salesforce, Inc.<sup>(1)</sup> | 113330 | 19036040 |
|  ServiceNow, Inc.<sup>(1)</sup> | 69903 | 31814952 |
|  Trade Desk, Inc. (The)<sup>(1)</sup> | 215899 | 10946079 |
|  |  | 115710783 |
|  **Specialty Retail—5.7%** | **Specialty Retail—5.7%** | **Specialty Retail—5.7%** |
|  Home Depot, Inc. (The) | 51419 | 16668497 |
|  Ulta Beauty, Inc.<sup>(1)</sup> | 28909 | 14858070 |
|  |  | 31526567 |
|  **Textiles, Apparel & Luxury Goods—2.6%** | **Textiles, Apparel & Luxury Goods—2.6%** | **Textiles, Apparel & Luxury Goods—2.6%** |
|  NIKE, Inc.— Class B | 114324 | 14556875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $215,073,007) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $215,073,007) | 536349634 |
|  **MONEY MARKET INVESTMENTS—2.6%** | **MONEY MARKET INVESTMENTS—2.6%** | **MONEY MARKET INVESTMENTS—2.6%** |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(2)</sup> | 14295492 | 14295492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $14,295,492) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $14,295,492) | 14295492 |
|  **Total Investments (99.9%)** (Cost: $229,368,499) | **Total Investments (99.9%)** (Cost: $229,368,499) | 550645126 |
|  **Excess Of Other Assets Over Liabilities (0.1%)** | **Excess Of Other Assets Over Liabilities (0.1%)** | 414708 |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | $551059834 |

---

---

| | |
|:---|:---|
|  **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| (1) | Non-income producing security. |
| (2) | Rate disclosed is the 7-day net yield as of January 31, 2023. |

---

------

**TCW Select Equities Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Capital Markets | 7.3% |
|  Commercial Services & Supplies | 2.2 |
|  Equity Real Estate | 4.2 |
|  Food & Staples Retailing | 3.5 |
|  Health Care Equipment & Supplies | 7.6 |
|  Interactive Media & Services | 6.2 |
|  Internet & Direct Marketing Retail | 5.3 |
|  IT Services | 12.3 |
|  Life Sciences Tools & Services | 3.5 |
|  Pharmaceuticals | 3.4 |
|  Professional Services | 1.9 |
|  Semiconductors & Semiconductor Equipment | 10.6 |
|  Software | 21.0 |
|  Specialty Retail | 5.7 |
|  Textiles, Apparel & Luxury Goods | 2.6 |
|  Money Market Investments | 2.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 99.9% |

---

------

**TCW Select Equities Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices in<br>Active Markets for<br>Identical Assets**<br>**(Level 1)** | **Other Significant<br>Observable Inputs**<br>**(Level 2)** | **Significant<br>Unobservable Inputs**<br>**(Level 3)** | **Total** |
|  Common Stock |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital Markets | $40336133 | $— | $— | $40336133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Services & Supplies | 12324083 |  |  | 12324083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Equity Real Estate | 23323480 |  |  | 23323480 |
| &nbsp;&nbsp;&nbsp;&nbsp; Food & Staples Retailing | 19135548 |  |  | 19135548 |
| &nbsp;&nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | 41654402 |  |  | 41654402 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interactive Media & Services | 34347690 |  |  | 34347690 |
| &nbsp;&nbsp;&nbsp;&nbsp; Internet & Direct Marketing Retail | 29066159 |  |  | 29066159 |
| &nbsp;&nbsp;&nbsp;&nbsp; IT Services | 67857458 |  |  | 67857458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Life Sciences Tools & Services | 18996754 |  |  | 18996754 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pharmaceuticals | 18793044 |  |  | 18793044 |
| &nbsp;&nbsp;&nbsp;&nbsp; Professional Services | 10587143 |  |  | 10587143 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors & Semiconductor Equipment | 58133515 |  |  | 58133515 |
| &nbsp;&nbsp;&nbsp;&nbsp; Software | 115710783 |  |  | 115710783 |
| &nbsp;&nbsp;&nbsp;&nbsp; Specialty Retail | 31526567 |  |  | 31526567 |
| &nbsp;&nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | 14556875 |  |  | 14556875 |
|  Total Common Stock | 536349634 |  |  | 536349634 |
|  Money Market Investments | 14295492 |  |  | 14295492 |
|  Total Investments | $550645126 | $— | $— | $550645126 |

---

------

**Note 1 — Security Valuations** 

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

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

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

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

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

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

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

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

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

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

------

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

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

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

*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.

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

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

*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.

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

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

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

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

------

The summary of the inputs used as of January 31, 2023 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 DEVELOPING MARKETS EQUITY FUND** | **COMMON STOCK** |
|  Balance as of October 31, 2022 | $257 |
|  Accrued Discounts (Premiums) |  |
|  Realized Gain (Loss) |  |
|  Change in Unrealized Appreciation (Depreciation)\* | (14) |
|  Purchases |  |
|  Sales |  |
|  Transfers in to Level 3  |  |
|  Transfers out of Level 3 |  |
|  Balance as of January 31, 2023 | $243 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $(14) and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

---

| | | |
|:---|:---|:---|
| **TCW EMERGING MARKETS MULTI-ASSET OPPORTUNITIES FUND** | **COMMON STOCK** | **FOREIGN**<br>**GOVERNMENT<br>BONDS** |
|  Balance as of October 31, 2022 | $1958 | $103618 |
|  Accrued Discounts (Premiums) |  |  |
|  Realized Gain (Loss) |  |  |
|  Change in Unrealized Appreciation (Depreciation)\* | (104) | 16712 |
|  Purchases |  |  |
|  Sales |  |  |
|  Transfers in to Level 3  |  |  |
|  Transfers out of Level 3 |  |  |
|  Balance as of January 31, 2023 | $1854 | $120330 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $(16608) and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

Significant unobservable valuation inputs for Level 3 investments as of January 31, 2023 are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fair Value at<br>January 31, 2023** | **Valuation Techniques** | **Unobservable<br>Input** | **Price or**<br>**Price Range** | **Average**<br>**Weighted**<br>**Price** | **Impact to**<br>**Valuation**<br>**If Input**<br>**Increases** |
|  **TCW Developing Markets Equity Fund** | **TCW Developing Markets Equity Fund** | **TCW Developing Markets Equity Fund** | **TCW Developing Markets Equity Fund** | **TCW Developing Markets Equity Fund** |  |  |
|  Common Stocks | $243 | Third-party Vendor | Vendor Prices | $0.001 - 0.0451 | $0.003 | Increase |
|  **TCW Emerging Markets Multi-Asset Opportunities Fund** | **TCW Emerging Markets Multi-Asset Opportunities Fund** | **TCW Emerging Markets Multi-Asset Opportunities Fund** | **TCW Emerging Markets Multi-Asset Opportunities Fund** | **TCW Emerging Markets Multi-Asset Opportunities Fund** | **TCW Emerging Markets Multi-Asset Opportunities Fund** |  |
|  Common Stocks | $1854 | Third-party Vendor | Vendor Prices | $0.001 - 0.0451 | $0.003 | Increase |
|  Foreign Government Bonds | $120330 | Third-party Vendor | Vendor Prices | $9.000 | $9.000 | Increase |

---

------

**Derivative Instruments:** Derivatives are financial instruments which are valued based on the values of one or more indicators, such as a security, asset, currency, interest rate, or index. Derivative transactions can create investment leverage and may be highly volatile. A derivative contract may result in a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. It is possible that a derivative transaction will result in a loss greater than the principal amount invested. The Funds may not be able to close out a derivative transaction at a favorable time or price.

For the period ended January 31, 2023, the following Funds had derivatives and transactions in derivatives, grouped in the following risk categories:

**TCW Emerging Markets Multi-Asset Opportunities Fund** 

---

| | | | |
|:---|:---|:---|:---|
|  | **Equity Risk** | **Foreign<br>Currency Risk** | **Total** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $2447 | $2447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $2447 | $2447 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $(12471) | $(12471) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $(12471) | $(12471) |
|  **Notional Amounts***<sup>(1)</sup>* | **Notional Amounts***<sup>(1)</sup>* | **Notional Amounts***<sup>(1)</sup>* | **Notional Amounts***<sup>(1)</sup>* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts | $— | $742135 | 742135 |
| **TCW Global Real Estate Fund** |  |  |  |
| **Asset Derivatives**<br>|  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments*<sup>(2)</sup>* | $90000 | $— | $90000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $90000 | $— | $90000 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Written Options | $(7200) | $— | $(7200) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $(7200) | $— | $(7200) |
|  **Number of Contracts***<sup>(1)</sup>* | **Number of Contracts***<sup>(1)</sup>* | **Number of Contracts***<sup>(1)</sup>* | **Number of Contracts***<sup>(1)</sup>* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options Purchased | 450 |  | 450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options Written | 450 |  | 450 |

---

*(1)* *Amount disclosed represents average number of contracts or notional amounts, which are representative of the volume traded for the period ended January 31, 2023.* 

*(2)* *Represents purchased options, at value.* 

------

**Note 2 — Portfolio Investments** 

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

Prior to settlement of these transactions, the value of the subject securities will fluctuate with market conditions. In addition, because the Fund is not required to pay for when-issued, delayed-delivery or forward commitment securities until the delivery date, they may result in a form of leverage to the extent the Fund does not set aside liquid assets to cover the commitment. To guard against this deemed leverage, the Fund monitors the obligations under these transactions on a daily basis and ensures that the Fund has sufficient liquid assets to cover them. There were no when-issued, delayed-delivery or forward commitment transactions in the Funds during the period ended January 31, 2023.

**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 January 31, 2023.

**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 January 31, 2023.

**Derivatives:** 

**Forward Foreign Currency Contracts:** The Funds enter into forward foreign currency contracts as a hedge against fluctuations in foreign exchange rates. Forward foreign currency 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. The TCW Emerging Markets Multi-Asset Opportunities Fund had forward foreign currency contracts outstanding as of January 31, 2023.

------

**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. There were no futures contracts outstanding at January 31, 2023.

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

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

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

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

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

------

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

During the period ended January 31, 2023, the TCW Global Real Estate Fund entered into option contracts to hedge the Fund's investments from market volatility in the real estate sector.

**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.

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. There were no swap agreements outstanding at January 31, 2023.

**Note 3 — Transactions with Affiliates** 

The summary of the TCW Conservative Allocation Fund's transactions in the affiliated funds for the period ended January 31, 2023 is listed after the Schedule of Investments.

**Note 4 — Restricted Securities** 

The Funds are permitted to invest in securities that have legal or contractual restrictions on resale. These securities may be sold privately, but are required to be registered before being sold to the public (exemption rules apply). Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). However, the Company considers 144A securities to be restricted if those securities have been deemed illiquid. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. There were no restricted securities held by the Funds at January 31, 2023.

------

**TCW Core Fixed Income Fund** 

SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—108.3% of Net Assets** |  |  |  |
|  **CORPORATE BONDS—29.2%** |  |  |  |
|  **Aerospace & Defense—0.3%** |  |  |  |
|  Boeing Co. (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% | 02/04/24 | $2650000 | $2554600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 05/01/25 | 560000 | 560347 |
|  |  |  | 3114947 |
|  **Agriculture—0.7%** |  |  |  |
|  BAT Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.73% | 03/25/31 | 695000 | 560066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.39% | 08/15/37 | 470000 | 386631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.54% | 08/15/47 | 1270000 | 969525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.28% | 04/02/50 | 1285000 | 1082547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 03/16/52 | 520000 | 466294 |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%<sup>(1)</sup> | 07/26/24 | 2300000 | 2221662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 07/26/29 | 35000 | 31081 |
|  Reynolds American, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.70% | 08/15/35 | 260000 | 248671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85% | 08/15/45 | 2770000 | 2548234 |
|  |  |  | 8514711 |
|  **Airlines—0.2%** |  |  |  |
|  Delta Air Lines Pass-Through Trust (19-1-AA)<br>3.20% | 10/25/25 | 1500000 | 1473045 |
|  US Airways Group, Inc. Pass-Through Certificates (10-1-A) (EETC)<br>6.25% | 10/22/24 | 177723 | 177447 |
|  US Airways Group, Inc. Pass-Through Certificates (12-1-A) (EETC)<br>5.90% | 04/01/26 | 928442 | 905821 |
|  US Airways Group, Inc. Pass-Through Certificates (12-2-A) (EETC)<br>4.63% | 12/03/26 | 395014 | 369654 |
|  |  |  | 2925967 |
|  **Banks—11.2%** |  |  |  |
|  ABN AMRO Bank NV<br>2.47% (U.S. 1-year Treasury Constant Maturity Rate + 1.100%)<sup>(1),(2)</sup> | 12/13/29 | 1700000 | 1441617 |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.66% (SOFR + 0.910%)<sup>(2)</sup> | 03/11/27 | 6355000 | 5737538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 2535000 | 2272704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.92% (SOFR + 1.370%)<sup>(2)</sup> | 10/24/31 | 410000 | 329911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.09% (SOFR + 1.060%)<sup>(2)</sup> | 06/14/29 | 2200000 | 1917916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% (3 mo. USD LIBOR + 0.990%)<sup>(2)</sup> | 02/13/31 | 930000 | 791869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.59% (SOFR + 2.150%)<sup>(2)</sup> | 04/29/31 | 1955000 | 1670408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.69% (SOFR + 1.320%)<sup>(2)</sup> | 04/22/32 | 3535000 | 2989938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.97% (3 mo. USD LIBOR + 1.210%)<sup>(2)</sup> | 02/07/30 | 1125000 | 1064705 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (SOFR + 1.177%)<sup>(2)</sup> | 11/03/32 | 1985000 | 1619867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.57% (SOFR + 2.107%)<sup>(2)</sup> | 06/03/31 | 1040000 | 883171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98% (SOFR + 1.422%) | 11/05/30 | 1395000 | 1228032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (SOFR + 1.351%)<sup>(2)</sup> | 01/25/33 | 6870000 | 5891918 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.41% (SOFR + 3.914%)<sup>(2)</sup> | 03/31/31 | 500000 | 479921 |
|  Credit Suisse Group AG (Switzerland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%<sup>(3)</sup> | 01/18/33 | 515000 | 353987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.31% (SOFR + 0.980%)<sup>(1),(2)</sup> | 02/02/27 | 3860000 | 3207853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09% (SOFR + 1.730%)<sup>(1),(2)</sup> | 05/14/32 | 2560000 | 1947725 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.54% (SOFR + 3.920%)<sup>(1)</sup> | 08/12/33 | 3655000 | 3497407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.02% (SOFR + 5.020%)<sup>(1),(2)</sup> | 11/15/33 | 3955000 | 4451669 |
|  DNB Bank ASA<br>1.61% (U.S. 1-year Treasury Constant Maturity Rate + 0.680%)<sup>(1),(2)</sup> | 03/30/28 | 2570000 | 2233540 |
|  Goldman Sachs Group, Inc. (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.22% | 12/06/23 | 4225000 | 4094912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% (SOFR + 0.798%)<sup>(2)</sup> | 03/09/27 | 4260000 | 3815256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.54% (SOFR + 0.818%)<sup>(2)</sup> | 09/10/27 | 1585000 | 1399888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (SOFR + 0.913%)<sup>(2)</sup> | 10/21/27 | 1695000 | 1517822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% (SOFR + 1.248%)<sup>(2)</sup> | 07/21/32 | 2215000 | 1815370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% (SOFR + 1.264%)<sup>(2)</sup> | 10/21/32 | 1075000 | 887768 |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.59% (SOFR + 1.290%)<sup>(2)</sup> | 05/24/27 | 4240000 | 3758494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.01% (SOFR + 1.732%)<sup>(2)</sup> | 09/22/28 | 1900000 | 1646521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.21% (SOFR+ 1.285%)<sup>(2)</sup> | 08/17/29 | 2570000 | 2180465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.36% (SOFR + 1.947%)<sup>(2)</sup> | 08/18/31 | 940000 | 766796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80% (SOFR + 1.187%)<sup>(2)</sup> | 05/24/32 | 845000 | 698502 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.97% (SOFR + 0.580%)<sup>(2)</sup> | 06/23/25 | 6625000 | 6235450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.56% (SOFR + 0.605%)<sup>(2)</sup> | 12/10/25 | 2080000 | 1948627 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.58% (SOFR + 0.885%)<sup>(2)</sup> | 04/22/27 | 3110000 | 2796232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 3330000 | 2678421 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (SOFR + 1.180%)<sup>(2)</sup> | 11/08/32 | 1455000 | 1208960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.58% (SOFR + 1.250%)<sup>(2)</sup> | 04/22/32 | 80000 | 67426 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.74% (SOFR + 1.510%)<sup>(2)</sup> | 10/15/30 | 1070000 | 935931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% (SOFR + 1.170%)<sup>(2)</sup> | 02/24/28 | 750000 | 695723 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  Lloyds Banking Group PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63% (U.S. 1-year Treasury Constant Maturity Rate + 0.850%)<sup>(2)</sup> | 05/11/27 | $1500000 | $1335450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.57% (3 mo. USD LIBOR + 1.205%)<sup>(2)</sup> | 11/07/28 | 860000 | 804556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.87% (U.S. 1-year Treasury Constant Maturity Rate + 3.500%)<sup>(2)</sup> | 07/09/25 | 1600000 | 1567493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.98% (U.S. 1-year Treasury Constant Maturity Rate + 2.300%) | 08/11/33 | 465000 | 454067 |
|  Macquarie Group, Ltd. (Australia) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.34% (SOFR + 1.069%)<sup>(1),(2)</sup> | 01/12/27 | 2510000 | 2231790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.87% (SOFR + 1.532%)<sup>(1),(2)</sup> | 01/14/33 | 1740000 | 1408876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.44% (SOFR + 2.405%)<sup>(1),(2)</sup> | 06/21/33 | 600000 | 547104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.03% (3 mo. USD LIBOR + 1.750%)<sup>(1),(2)</sup> | 01/15/30 | 505000 | 497537 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.73% (SOFR + 0.616%)<sup>(2)</sup> | 04/05/24 | 1020000 | 1011634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 3985000 | 3553903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.79% (SOFR + 1.034%)<sup>(2)</sup> | 02/13/32 | 860000 | 680824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93% (SOFR + 1.020%)<sup>(2)</sup> | 04/28/32 | 1965000 | 1562928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.24% (SOFR + 1.178%) | 07/21/32 | 1265000 | 1028369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48% (SOFR + 1.000%)<sup>(2)</sup> | 01/21/28 | 2470000 | 2252838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48% (SOFR + 1.360%)<sup>(2)</sup> | 09/16/36 | 1050000 | 812879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94% (SOFR + 1.290%)<sup>(2)</sup> | 01/21/33 | 495000 | 423105 |
|  NatWest Group PLC (United Kingdom)<br>4.27% (3 mo. USD LIBOR + 1.762%)<sup>(2)</sup> | 03/22/25 | 3140000 | 3098489 |
|  PNC Financial Services Group, Inc. (The)<br>5.07% (SOFR + 1.933%)<sup>(2)</sup> | 01/24/34 | 1230000 | 1240972 |
|  Santander UK Group Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.09% (SOFR + 0.787%)<sup>(2)</sup> | 03/15/25 | 3265000 | 3096004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.67% (SOFR + 0.989%)<sup>(2)</sup> | 06/14/27 | 285000 | 250823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.47% (SOFR + 1.220%)<sup>(2)</sup> | 01/11/28 | 465000 | 414180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% (SOFR + 1.475%)<sup>(2)</sup> | 03/15/32 | 1175000 | 956443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% (3 mo. USD LIBOR +1.570%)<sup>(2)</sup> | 11/15/24 | 960000 | 948733 |
|  Santander UK PLC (United Kingdom)<br>5.00%<sup>(1)</sup> | 11/07/23 | 2460000 | 2450295 |
|  U.S. Bancorp<br>5.85% (SOFR + 2.090%)<sup>(2)</sup> | 10/21/33 | 545000 | 586098 |
|  UBS Group AG<br>5.71% (U.S. 1-year Treasury Constant Maturity Rate + 1.550%)<sup>(1),(2)</sup> | 01/12/27 | 855000 | 865961 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.16% (3 mo. USD LIBOR + 0.750%)<sup>(2)</sup> | 02/11/26 | 1850000 | 1746179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.19% (SOFR + 2.000%)<sup>(2)</sup> | 04/30/26 | 645000 | 606983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 630000 | 571297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% (SOFR + 1.432%)<sup>(2)</sup> | 10/30/30 | 285000 | 252254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% (SOFR + 1.500%) | 03/02/33 | 4715000 | 4162213 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53% (SOFR + 1.510%)<sup>(2)</sup> | 03/24/28 | 3760000 | 3575534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58% (3 mo. USD LIBOR + 1.310%)<sup>(2)</sup> | 05/22/28 | 1015000 | 965220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (SOFR + 2.100%)<sup>(2)</sup> | 07/25/33 | 2015000 | 2009532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.01% (SOFR + 4.502%)<sup>(2)</sup> | 04/04/51 | 625000 | 617056 |
|  |  |  | 131747879 |
|  **Beverages—0.2%** |  |  |  |
|  Bacardi, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 07/15/26 | 750000 | 693637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%<sup>(1)</sup> | 05/15/25 | 1780000 | 1737262 |
|  |  |  | 2430899 |
|  **Chemicals—0.2%** |  |  |  |
|  International Flavors & Fragrances, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 09/26/48 | 1975000 | 1840294 |
|  **Commercial Services—0.1%** |  |  |  |
|  Global Payments, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 08/15/32 | 710000 | 713415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 08/15/52 | 899000 | 888832 |
|  |  |  | 1602247 |
|  **Diversified Financial Services—1.4%** |  |  |  |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/29/28 | 2845000 | 2503714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 01/30/32 | 874000 | 732595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/23/28 | 430000 | 401640 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 03/01/25 | 1300000 | 1246608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63% | 12/01/27 | 640000 | 600418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 10/01/28 | 1500000 | 1449285 |
|  Avolon Holdings Funding, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(1)</sup> | 11/18/27 | 884000 | 763508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%<sup>(1)</sup> | 02/15/25 | 1550000 | 1453574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95%<sup>(1)</sup> | 07/01/24 | 405000 | 393052 |
|  Capital One Financial Corp.<br>1.34% (SOFR + 0.690%)<sup>(2)</sup> | 12/06/24 | 2535000 | 2447872 |
|  Cboe Global Markets, Inc.<br>3.00% | 03/16/32 | 595000 | 520536 |
|  ORIX Corp.<br>5.20% | 09/13/32 | 1405000 | 1432426 |
|  Park Aerospace Holdings, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 03/15/23 | 2715000 | 2712322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 02/15/24 | 108000 | 107212 |
|  |  |  | 16764762 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Electric—1.2%** |  |  |  |
|  Appalachian Power Co.<br>4.45% | 06/01/45 | $690000 | $613241 |
|  Duke Energy Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% | 09/01/46 | 790000 | 630871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85% | 06/15/34 | 800000 | 806101 |
|  Duke Energy Progress LLC<br>3.70% | 10/15/46 | 1325000 | 1073184 |
|  Indiana Michigan Power Co.<br>4.55% | 03/15/46 | 920000 | 822846 |
|  ITC Holdings Corp.<br>2.95%<sup>(1)</sup> | 05/14/30 | 2000000 | 1759272 |
|  Jersey Central Power & Light Co.<br>2.75%<sup>(1)</sup> | 03/01/32 | 2575000 | 2184527 |
|  Metropolitan Edison Co.<br>3.50%<sup>(1)</sup> | 03/15/23 | 3030000 | 3023375 |
|  MidAmerican Energy Co.<br>5.80% | 10/15/36 | 1655000 | 1828429 |
|  Tucson Electric Power Co.<br>4.00% | 06/15/50 | 1500000 | 1227330 |
|  |  |  | 13969176 |
|  **Engineering & Construction—0.2%** |  |  |  |
|  Cellnex Finance Co. SA<br>2.00%<sup>(3)</sup> | 09/15/32 | 700000 | 601528 |
|  Heathrow Funding Ltd.<br>1.88%<sup>(3)</sup> | 03/14/34 | 1755000 | 1459107 |
|  |  |  | 2060635 |
|  **Entertainment—0.5%** |  |  |  |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(1)</sup> | 03/15/32 | 200000 | 178044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%<sup>(1)</sup> | 03/15/42 | 3135000 | 2679297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%<sup>(1)</sup> | 03/15/52 | 4334000 | 3603894 |
|  |  |  | 6461235 |
|  **Food—0.7%** |  |  |  |
|  JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 02/02/29 | 1445000 | 1246645 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 05/15/32 | 1875000 | 1495261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 12/01/52 | 1575000 | 1617289 |
|  Kraft Heinz Foods Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 06/04/42 | 2133000 | 2056206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% | 07/15/45 | 165000 | 161614 |
|  Smithfield Foods, Inc.<br>2.63%<sup>(1)</sup> | 09/13/31 | 2565000 | 1917055 |
|  |  |  | 8494070 |
|  **Gas—0.2%** |  |  |  |
|  KeySpan Gas East Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.59%<sup>(1)</sup> | 01/18/52 | 1150000 | 844537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.82%<sup>(1)</sup> | 04/01/41 | 1551000 | 1582718 |
|  |  |  | 2427255 |
|  **Health Care-Products—0.1%** |  |  |  |
|  DENTSPLY SIRONA, Inc.<br>3.25% | 06/01/30 | 1400000 | 1232060 |
|  **Health Care-Services—1.3%** |  |  |  |
|  Centene Corp.<br>3.00% | 10/15/30 | 3888000 | 3330111 |
|  CommonSpirit Health |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78% | 10/01/30 | 955000 | 814911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.35% | 11/01/42 | 600000 | 533184 |
|  Fresenius Finance Ireland PLC, 0.88%<sup>(3)</sup> | 10/01/31 | 920000 | 744788 |
|  Fresenius Medical Care US Finance III, Inc.<br>1.88%<sup>(1)</sup> | 12/01/26 | 1650000 | 1435599 |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%<sup>(1)</sup> | 03/15/27 | 455000 | 423248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 07/15/51 | 746000 | 523274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%<sup>(1)</sup> | 03/15/32 | 1156000 | 1026216 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 06/15/29 | 3946000 | 3751147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 03/15/52 | 800000 | 676104 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 06/15/49 | 600000 | 549414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 09/01/26 | 430000 | 434270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50% | 06/15/47 | 1315000 | 1248804 |
|  |  |  | 15491070 |
|  **Insurance—1.4%** |  |  |  |
|  Aon Corp. / Aon Global Holdings PLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60% | 12/02/31 | 940000 | 799658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 02/28/52 | 805000 | 667345 |
|  Athene Global Funding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.99%<sup>(1)</sup> | 08/19/28 | 4000000 | 3342200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%<sup>(1)</sup> | 01/07/29 | 240000 | 205769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.21%<sup>(1)</sup> | 03/08/27 | 815000 | 742330 |
|  Farmers Exchange Capital<br>7.20%<sup>(1)</sup> | 07/15/48 | 1495000 | 1605874 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD LIBOR + 3.744%)<sup>(1)</sup> | 11/01/53 | 2065000 | 2043705 |
|  Nationwide Mutual Insurance Co.<br>7.06% (3 mo. USD LIBOR + 2.290%)<sup>(1),(2)</sup> | 12/15/24 | 4000000 | 3990515 |
|  New York Life Insurance Co.<br>3.75%<sup>(1)</sup> | 05/15/50 | 765000 | 639231 |
|  Teachers Insurance & Annuity Association of America |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%<sup>(1)</sup> | 05/15/50 | 1200000 | 908246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27%<sup>(1)</sup> | 05/15/47 | 130000 | 116773 |
|  Willis North America, Inc.<br>4.50% | 09/15/28 | 1445000 | 1406549 |
|  |  |  | 16468195 |
|  **Internet—0.2%** |  |  |  |
|  Meta Platforms, Inc.<br>4.45% | 08/15/52 | 670000 | 585761 |
|  Netflix, Inc.<br>4.63% | 05/15/29 | 670000 | 742750 |
|  Tencent Holdings, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.68%<sup>(1)</sup> | 04/22/41 | 825000 | 654472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.84%<sup>(1)</sup> | 04/22/51 | 30000 | 23138 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.98%<sup>(1)</sup> | 04/11/29 | 740000 | 699742 |
|  |  |  | 2705863 |
|  **Media—0.6%** |  |  |  |
|  Charter Communications Operating LLC / Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 06/01/52 | 1000000 | 680350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% | 03/01/50 | 495000 | 389778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 07/01/49 | 1080000 | 894359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 04/01/53 | 1000000 | 841247 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/01/38 | 1475000 | 1325553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 05/01/47 | 2755000 | 2360952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 04/01/48 | 1028000 | 921016 |
|  |  |  | 7413255 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Miscellaneous Manufacturers—0.2%** |  |  |  |
|  General Electric Co.<br>5.09% (3 mo. USD LIBOR + 0.480%)<sup>(2)</sup> | 08/15/36 | $3045000 | $2565927 |
|  **Oil & Gas—0.3%** |  |  |  |
|  Petroleos Mexicanos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75% | 09/21/47 | 2625000 | 1824756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95% | 01/28/60 | 510000 | 350612 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.69% | 01/23/50 | 1565000 | 1170630 |
|  |  |  | 3345998 |
|  **Packaging & Containers—0.3%** |  |  |  |
|  Berry Global, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.57% | 01/15/26 | 1645000 | 1486554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65% | 01/15/27 | 1670000 | 1461776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/15/26 | 580000 | 565657 |
|  |  |  | 3513987 |
|  **Pharmaceuticals—0.9%** |  |  |  |
|  Bayer US Finance II LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 4023000 | 3914281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 06/25/38 | 500000 | 465105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 06/25/48 | 2430000 | 2236037 |
|  CVS Health Corp.<br>5.05% | 03/25/48 | 4505000 | 4285426 |
|  |  |  | 10900849 |
|  **Pipelines—1.1%** |  |  |  |
|  Energy Transfer LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 05/15/50 | 1280000 | 1120486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% | 03/15/45 | 1870000 | 1685847 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 10/01/47 | 2143000 | 1978610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 10/01/43 | 630000 | 624912 |
|  Plains All American Pipeline LP / PAA Finance Corp.<br>3.80% | 09/15/30 | 375000 | 341041 |
|  Rockies Express Pipeline LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%<sup>(1)</sup> | 07/15/29 | 2000000 | 1810940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 04/15/40 | 350000 | 298732 |
|  Sabine Pass Liquefaction LLC<br>4.50% | 05/15/30 | 990000 | 961561 |
|  Southern Natural Gas Co. LLC<br>7.35% | 02/15/31 | 2380000 | 2580600 |
|  TC PipeLines LP<br>4.38% | 03/13/25 | 710000 | 700177 |
|  TransCanada PipeLines, Ltd.<br>6.10% | 06/01/40 | 375000 | 405214 |
|  |  |  | 12508120 |
|  **Real Estate—0.1%** |  |  |  |
|  Annington Funding PLC<br>2.31%<sup>(3)</sup> | 10/06/32 | 720000 | 673445 |
|  Vonovia SE<br>1.50%<sup>(3)</sup> | 06/14/41 | 300000 | 197684 |
|  |  |  | 871129 |
|  **REIT—2.3%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 1655000 | 1351374 |
|  American Tower Corp.<br>0.88% | 05/21/29 | 725000 | 642223 |
|  CapitaLand Ascendas<br>0.75%<sup>(3)</sup> | 06/23/28 | 870000 | 764990 |
|  CubeSmart LP<br>3.00% | 02/15/30 | 317000 | 273759 |
|  Digital Dutch Finco BV,<br>1.25%<sup>(3)</sup> | 02/01/31 | 1830000 | 1546690 |
|  Digital Intrepid Holding BV<br>1.38%<sup>(3)</sup> | 07/18/32 | 105000 | 86466 |
|  Extra Space Storage LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.35% | 03/15/32 | 895000 | 709947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 04/01/29 | 250000 | 231760 |
|  GLP Capital LP / GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 01/15/30 | 545000 | 493214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30% | 01/15/29 | 1280000 | 1249613 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 11/01/23 | 745000 | 745738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/26 | 1543000 | 1543285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 1600000 | 1631512 |
|  Healthcare Realty Holdings LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 03/15/31 | 2870000 | 2267194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05% | 03/15/31 | 109000 | 83396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10% | 02/15/30 | 1705000 | 1487715 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/30 | 405000 | 316552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 1240000 | 1204896 |
|  Invitation Homes Operating Partnership LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/15/31 | 275000 | 214060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15% | 04/15/32 | 1265000 | 1164180 |
|  Kilroy Realty LP<br>2.65% | 11/15/33 | 891000 | 644441 |
|  Lexington Realty Trust<br>2.38% | 10/01/31 | 855000 | 673569 |
|  Life Storage LP<br>2.40% | 10/15/31 | 1820000 | 1456294 |
|  Physicians Realty LP<br>2.63% | 11/01/31 | 940000 | 783834 |
|  Prologis Euro Finance LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50% | 02/16/32 | 400000 | 320450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63% | 09/10/31 | 100000 | 82030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00% | 02/08/29 | 750000 | 687274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00% | 02/16/41 | 400000 | 260094 |
|  SELP Finance Sarl<br>0.88%<sup>(3)</sup> | 05/27/29 | 900000 | 765359 |
|  VICI Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13% | 05/15/32 | 1668000 | 1609487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 05/15/52 | 810000 | 761991 |
|  VICI Properties LP / VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(1)</sup> | 02/15/27 | 25000 | 23139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 02/15/29 | 835000 | 753263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 09/01/26 | 380000 | 366012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 01/15/28 | 327000 | 305874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(1)</sup> | 06/15/25 | 180000 | 174528 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(1)</sup> | 02/01/27 |  |  |
|  |  |  | 27676203 |
|  **Retail—0.1%** |  |  |  |
|  Alimentation Couche-Tard, Inc.<br>3.55%<sup>(1)</sup> | 07/26/27 | 1390000 | 1310332 |
|  **Savings & Loans—0.4%** |  |  |  |
|  Nationwide Building Society (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.97% (SOFR + 1.290%)<sup>(1),(2)</sup> | 02/16/28 | 1630000 | 1486593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77% (3 mo. USD LIBOR + 1.064%)<sup>(1),(2)</sup> | 03/08/24 | 2670000 | 2663521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.36% (3 mo. USD LIBOR + 1.392%)<sup>(1),(2)</sup> | 08/01/24 | 400000 | 396447 |
|  |  |  | 4546561 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Semiconductors—0.2%** |  |  |  |
|  Broadcom, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%<sup>(1)</sup> | 02/15/33 | $1465000 | $1152779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%<sup>(1)</sup> | 04/15/33 | 1100000 | 923736 |
|  |  |  | 2076515 |
|  **Software—0.6%** |  |  |  |
|  Oracle Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60% | 04/01/50 | 2000000 | 1471263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80% | 11/15/37 | 905000 | 760790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 03/25/51 | 2425000 | 1888881 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90% | 11/09/52 | 1070000 | 1239145 |
|  Take Two Interactive<br>4.00% | 04/14/32 | 1525000 | 1427110 |
|  |  |  | 6787189 |
|  **Telecommunications—2.0%** |  |  |  |
|  AT&T, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80% | 12/01/57 | 661000 | 501962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85% | 03/01/39 | 1554000 | 1489587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 03/01/37 | 1340000 | 1363115 |
|  Global Switch Finance BV<br>1.38%<sup>(3)</sup> | 10/07/30 | 695000 | 636919 |
|  Level 3 Financing, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%<sup>(1)</sup> | 03/01/27 | 228000 | 197719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 11/15/29 | 4170000 | 3386937 |
|  Qwest Corp.<br>7.25% | 09/15/25 | 920000 | 925980 |
|  Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74%<sup>(1)</sup> | 03/20/25 | 3560625 | 3533113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%<sup>(1)</sup> | 09/20/29 | 2505000 | 2501760 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 02/15/31 | 1882000 | 1599396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 04/15/30 | 4155000 | 3893813 |
|  Vodafone Group PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 06/19/49 | 1897000 | 1713633 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 05/30/48 | 1390000 | 1323077 |
|  |  |  | 23067011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $373,585,226) |  |  | 344834341 |
|  **MUNICIPAL BONDS**—**0.7%** |  |  |  |
|  California Health Facilities Financing Authority, Revenue Bond<br>3.00% | 08/15/51 | 955000 | 771845 |
|  City of New York NY<br>1.82% | 08/01/30 | 1325000 | 1099512 |
|  City of New York NY, General Obligation Unlimited<br>3.00% | 08/01/34 | 380000 | 321792 |
|  Metropolitan Transportation Authority, Revenue Bonds<br>5.18% | 11/15/49 | 335000 | 311746 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 08/01/35 | 1000000 | 739053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40% | 11/01/32 | 585000 | 481533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 11/01/34 | 2485000 | 1908669 |
|  Regents of the University of California Medical Center Pooled Revenue<br>3.26% | 05/15/60 | 3115000 | 2255204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $9,999,484) |  |  | 7889354 |
|  **ASSET-BACKED SECURITIES**—**8.4%** |  |  |  |
|  321 Henderson Receivables I LLC (13-3A-A)<br>4.08%<sup>(1)</sup> | 01/17/73 | 1112360 | 1028179 |
|  AGL CLO, Ltd. (20-7A-BR)<br>6.49% (3 mo. USD LIBOR + 1.700%)<sup>(1),(2)</sup> | 07/15/34 | 4235000 | 4115149 |
|  AIG CLO, Ltd. (18-1A-A1R)<br>5.93% (3 mo. USD LIBOR + 1.120%)<sup>(1),(2)</sup> | 04/20/32 | 4300000 | 4273340 |
|  Aligned Data Centers Issuer LLC (21-1A-A2)<br>1.94%<sup>(1)</sup> | 08/15/46 | 3372000 | 2984980 |
|  AMMC CLO XIII, Ltd. (13-13A-A1R2)<br>5.87% (3 mo. USD LIBOR + 1.050%)<sup>(1),(2)</sup> | 07/24/29 | 2844486 | 2820305 |
|  Ares LXII CLO, Ltd. (21-62A-B)<br>6.47% (3 mo. USD LIBOR + 1.650%)<sup>(1),(2)</sup> | 01/25/34 | 4000000 | 3899492 |
|  Brazos Education Loan Authority, Inc. (12-1-A1)<br>5.21% (1 mo. USD LIBOR + 0.700%)<sup>(2)</sup> | 12/26/35 | 337266 | 332432 |
|  Brazos Higher Education Authority, Inc. (10-1-A2)<br>5.90% (3 mo. USD LIBOR + 1.200%)<sup>(2)</sup> | 02/25/35 | 602546 | 599284 |
|  CF Hippolyta Issuer LLC (20-1-B1)<br>2.28%<sup>(1)</sup> | 07/15/60 | 3923196 | 3496836 |
|  CIFC Funding, Ltd (21-7A-A1)<br>5.95% (3 mo. USD LIBOR + 1.130%)<sup>(1),(2)</sup> | 01/23/35 | 4300000 | 4249269 |
|  Dryden XXVI Senior Loan Fund (13-26A-AR)<br>5.69% (3 mo. USD LIBOR + 0.900%)<sup>(1),(2)</sup> | 04/15/29 | 1926209 | 1909451 |
|  Educational Funding of the South, Inc. (11-1-A2)<br>5.47% (3 mo. USD LIBOR + 0.650%)<sup>(2)</sup> | 04/25/35 | 264064 | 261341 |
|  Educational Services of America, Inc. (12-2-A)<br>5.24% (1 mo. USD LIBOR + 0.730%)<sup>(1),(2)</sup> | 04/25/39 | 194623 | 192536 |
|  Global SC Finance SRL (14-1A-A2)<br>3.09%<sup>(1)</sup> | 07/17/29 | 459315 | 443300 |
|  GoldenTree Loan Opportunities IX, Ltd. (14-9A-AR2)<br>5.91% (3 mo. USD LIBOR + 1.110%)<sup>(1),(2)</sup> | 10/29/29 | 2921854 | 2903155 |
|  Higher Education Funding I (14-1-A)<br>5.81% (3 mo. USD LIBOR + 1.050%)<sup>(1),(2)</sup> | 05/25/34 | 379628 | 379532 |
|  JGWPT XXX LLC (14-2A-A)<br>3.61%<sup>(1)</sup> | 01/17/73 | 1261995 | 1121335 |
|  Madison Park Funding XLVIII, Ltd. (21-48A-A)<br>5.95% (3 mo. USD LIBOR + 1.150%)<sup>(1),(2)</sup> | 04/19/33 | 4320000 | 4293294 |
|  Navient Private Education Refi Loan Trust (21-GA-A)<br>1.58%<sup>(1)</sup> | 04/15/70 | 3119606 | 2759229 |
|  Navient Student Loan Trust (14-3-A)<br>5.13% (1 mo. USD LIBOR + 0.620%)<sup>(2)</sup> | 03/25/83 | 2490894 | 2419497 |
|  Navient Student Loan Trust (14-4-A)<br>5.13% (1 mo. USD LIBOR + 0.620%)<sup>(2)</sup> | 03/25/83 | 1242676 | 1215423 |
|  Nelnet Student Loan Trust (14-4A-A2)<br>5.46% (1 mo. USD LIBOR + 0.950%)<sup>(1),(2)</sup> | 11/25/48 | 2965000 | 2911847 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |
|  New Economy Assets Phase 1 Sponsor LLC (21-1-B1)<br>2.41% <sup>(1)</sup> | 10/20/61 | $3904000 | $3270595 |
|  OCP CLO 2020-19, Ltd. (20-19A-AR)<br>5.96% (3 mo. USD LIBOR + 1.150%)<sup>(1)</sup> | 10/20/34 | 3600000 | 3544560 |
|  Octagon Investment Partners XIV, Ltd. (12-1A-AARR)<br>5.74% (3 mo. USD LIBOR + 0.950%)<sup>(1),(2)</sup> | 07/15/29 | 3927100 | 3894034 |
|  PHEAA Student Loan Trust (15-1A-A)<br>5.11% (1 mo. USD LIBOR + 0.600%)<sup>(1),(2)</sup> | 10/25/41 | 861882 | 827765 |
|  Skyline Trust (20-1-A)<br>3.23%<sup>(4)</sup> | 07/03/38 | 4465243 | 4019764 |
|  SLM Student Loan Trust (03-7A-A5A)<br>5.97% (3 mo. USD LIBOR + 1.200%)<sup>(1),(2)</sup> | 12/15/33 | 1694048 | 1643149 |
|  SLM Student Loan Trust (08-2-B)<br>6.02% (3 mo. USD LIBOR + 1.200%)<sup>(2)</sup> | 01/25/83 | 710000 | 540788 |
|  SLM Student Loan Trust (08-3-B)<br>6.02% (3 mo. USD LIBOR + 1.200%)<sup>(2)</sup> | 04/26/83 | 710000 | 659826 |
|  SLM Student Loan Trust (08-4-A4)<br>6.47% (3 mo. USD LIBOR + 1.650%)<sup>(2)</sup> | 07/25/22 | 3153878 | 3126866 |
|  SLM Student Loan Trust (08-4-B)<br>6.67% (3 mo. USD LIBOR + 1.850%)<sup>(2)</sup> | 04/25/73 | 710000 | 694163 |
|  SLM Student Loan Trust (08-5-B)<br>6.67% (3 mo. USD LIBOR + 1.850%) | 07/25/73 | 710000 | 679088 |
|  SLM Student Loan Trust (08-6-A4)<br>5.92% (3 mo. USD LIBOR + 1.100%)<sup>(2)</sup> | 07/25/23 | 2482331 | 2406650 |
|  SLM Student Loan Trust (08-6-B)<br>6.67% (3 mo. USD LIBOR + 1.850%)<sup>(2)</sup> | 07/26/83 | 710000 | 657197 |
|  SLM Student Loan Trust (08-7-B)<br>6.67% (3 mo. USD LIBOR + 1.850%)<sup>(2)</sup> | 07/26/83 | 710000 | 660217 |
|  SLM Student Loan Trust (08-8-B)<br>7.07% (3 mo. USD LIBOR + 2.250%)<sup>(2)</sup> | 10/25/75 | 710000 | 683896 |
|  SLM Student Loan Trust (08-9-A)<br>6.32% (3 mo. USD LIBOR + 1.500%)<sup>(2)</sup> | 04/25/23 | 854763 | 848116 |
|  SLM Student Loan Trust (08-9-B)<br>7.07% (3 mo. USD LIBOR + 2.250%) | 10/25/83 | 710000 | 677243 |
|  SLM Student Loan Trust (11-2-A2)<br>5.71% (1 mo. USD LIBOR + 1.200%)<sup>(2)</sup> | 10/25/34 | 1403473 | 1403986 |
|  SLM Student Loan Trust (12-7-A3)<br>5.16% (1 mo. USD LIBOR + 0.650%)<sup>(2)</sup> | 05/26/26 | 1421928 | 1312909 |
|  Small Business Administration (22-25G-1)<br>3.93% | 07/01/47 | 6136994 | 5994777 |
|  Store Master Funding LLC (21-1A-A1) 2.12% <sup>(1)</sup> | 06/20/51 | 1835354 | 1567487 |
|  United States Small Business Administration (22-25H-1)<br>3.80% | 08/01/47 | 3469000 | 3374295 |
|  United States Small Business Administration (22-25J-1)<br>5.04% | 10/01/47 | 3496000 | 3660943 |
|  Vantage Data Centers Issuer LLC (18-2A-A2)<br>4.20%<sup>(1)</sup> | 11/15/43 | 4111250 | 4040551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $101,728,698) |  |  | 98798071 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**0.6%** |  |  |  |
|  Fannie Mae, Pool #AN0245<br>3.42% | 11/01/35 | 1831063 | 1757832 |
|  Fannie Mae, Pool #BL6060<br>2.46% | 04/01/40 | 1840000 | 1423217 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K155-A3)<br>3.75% | 04/25/33 | 4045000 | 3945316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $7,828,096) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $7,828,096) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $7,828,096) | 7126365 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**3.4%** |  |  |  |
|  Arbor Realty Commercial Real Estate Note, Ltd. (21-FL3-A)<br>5.52% (1 mo. USD LIBOR + 1.070%)<sup>(1),(2)</sup> | 08/15/34 | 3882000 | 3818164 |
|  BAMLL Commercial Mortgage Securities Trust (18-PARK-A)<br>4.09%<sup>(1),(5)</sup> | 08/10/38 | 1930000 | 1809305 |
|  BANK 2022-BNK42 (22-BNK42-A5)<br>4.49%<sup>(5)</sup> | 06/15/55 | 3593000 | 3566438 |
|  BDS, Ltd. (19-FL4-A)<br>5.56% (1 mo. USD LIBOR + 1.100%)<sup>(1),(2)</sup> | 08/15/36 | 105771 | 105404 |
|  BPR Trust (22-OANA-A)<br>6.38% (SOFR + 1.898%)<sup>(1),(2)</sup> | 04/15/37 | 3678000 | 3630226 |
|  BX Commercial Mortgage Trust (20-VIV4-A)<br>2.84%<sup>(1)</sup> | 03/09/44 | 2415000 | 2060473 |
|  BX Trust (19-OC11-A)<br>3.20%<sup>(1)</sup> | 12/09/41 | 1485000 | 1308309 |
|  BXHPP Trust (21-FILM-A)<br>5.11% (1 mo. USD LIBOR + 0.650%)<sup>(1),(2)</sup> | 08/15/36 | 3000000 | 2856019 |
|  CALI Mortgage Trust (19-101C-A)<br>3.96%<sup>(1)</sup> | 03/10/39 | 1285000 | 1149655 |
|  CD 2017-CD3 Mortgage Trust (17-CD3-AS)<br>3.83% | 02/10/50 | 4645000 | 4316412 |
|  COMM 2015-CCRE27 Mortgage Trust (15-CR27-A3)<br>3.35% | 10/10/48 | 3680044 | 3530677 |
|  CSAIL Commercial Mortgage Trust (20-C19-A3)<br>2.56% | 03/15/53 | 3004000 | 2588288 |
|  DC Office Trust (19-MTC-A)<br>2.97%<sup>(1)</sup> | 09/15/45 | 1180000 | 989827 |
|  Hudson Yards Mortgage Trust (19-30HY-A)<br>3.23%<sup>(1)</sup> | 07/10/39 | 2185000 | 1966371 |
|  Hudson Yards Mortgage Trust (19-55HY-A)<br>2.94%<sup>(1),(5)</sup> | 12/10/41 | 1180000 | 1035192 |
|  JPMorgan Chase Commercial Mortgage Securities Trust (19-OSB-A)<br>3.40%<sup>(1)</sup> | 06/05/39 | 1160000 | 1039777 |
|  Manhattan West Mortgage Trust (20-1MW-A)<br>2.13%<sup>(1)</sup> | 09/10/39 | 1720000 | 1509513 |
|  MKT Mortgage Trust (20-525M-A)<br>2.69%<sup>(1)</sup> | 02/12/40 | 850000 | 685885 |
|  One Bryant Park Trust (19-OBP-A)<br>2.52%<sup>(1)</sup> | 09/15/54 | 1495000 | 1278308 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |
|  SFAVE Commercial Mortgage Securities Trust (15-5AVE-A1)<br>3.87%<sup>(1),(5)</sup> | 01/05/43 | $1710000 | $1239338 |
|  SFAVE Commercial Mortgage Securities Trust (15-5AVE-A2B)<br>4.14%<sup>(1),(5)</sup> | 01/05/43 | 70000 | 50644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $43,784,275) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $43,784,275) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $43,784,275) | 40534225 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**36.3%** |  |  |  |
|  Fannie Mae, Pool #BN7755<br>3.00% | 09/01/49 | 2867422 | 2648548 |
|  Fannie Mae, Pool #FM2318<br>3.50% | 09/01/49 | 280791 | 269467 |
|  Fannie Mae, Pool #MA4152<br>2.00% | 10/01/40 | 5319987 | 4635621 |
|  Fannie Mae, Pool #MA4387<br>2.00% | 07/01/41 | 2923198 | 2551032 |
|  Fannie Mae (19-79-FA)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 01/25/50 | 1549274 | 1530175 |
|  Fannie Mae (01-14-SH) (I/F)<br>12.05% (-1 mo. USD LIBOR + 27.825%)<sup>(2)</sup> | 03/25/30 | 52076 | 62045 |
|  Fannie Mae (01-34-FV)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 08/25/31 | 68650 | 68483 |
|  Fannie Mae (04-W10-A6) (PAC)<br>5.75% | 08/25/34 | 710718 | 720371 |
|  Fannie Mae (07-89-GF)<br>5.03% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 09/25/37 | 303109 | 302849 |
|  Fannie Mae (08-30-SA) (I/O) (I/F)<br>2.34% (-1 mo. USD LIBOR + 6.850%)<sup>(2)</sup> | 04/25/38 | 49913 | 6255 |
|  Fannie Mae (08-62-SN) (I/O) (I/F)<br>1.69% (-1 mo. USD LIBOR + 6.200%)<sup>(2)</sup> | 07/25/38 | 46865 | 3143 |
|  Fannie Mae (09-64-TB)<br>4.00% | 08/25/29 | 568687 | 562115 |
|  Fannie Mae (09-68-SA) (I/O) (I/F)<br>2.24% (-1 mo. USD LIBOR + 6.750%)<sup>(2)</sup> | 09/25/39 | 38664 | 4803 |
|  Fannie Mae (10-26-AS) (I/O) (I/F)<br>1.82% (-1 mo. USD LIBOR + 6.330%)<sup>(2)</sup> | 03/25/40 | 556720 | 36930 |
|  Fannie Mae (11-111-DB)<br>4.00% | 11/25/41 | 1202606 | 1166211 |
|  Fannie Mae (18-38-LA)<br>3.00% | 06/25/48 | 901632 | 822833 |
|  Fannie Mae (18-43-CT)<br>3.00% | 06/25/48 | 674425 | 614728 |
|  Fannie Mae, Pool #254634<br>5.50% | 02/01/23 | 3 | 3 |
|  Fannie Mae, Pool #596686<br>6.50% | 11/01/31 | 8733 | 8944 |
|  Fannie Mae, Pool #727575<br>5.00% | 06/01/33 | 12139 | 12119 |
|  Fannie Mae, Pool #748751<br>5.50% | 10/01/33 | 34131 | 33601 |
|  Fannie Mae, Pool #AB2127<br>3.50% | 01/01/26 | 184561 | 182862 |
|  Fannie Mae, Pool #AL0209<br>4.50% | 05/01/41 | 314017 | 317787 |
|  Fannie Mae, Pool #AL0851<br>6.00% | 10/01/40 | 283300 | 301495 |
|  Fannie Mae, Pool #AS9830<br>4.00% | 06/01/47 | $528547 | $519532 |
|  Fannie Mae, Pool #BQ6913<br>2.00% | 12/01/51 | 8985875 | 7586304 |
|  Fannie Mae, Pool #BQ7006<br>2.00% | 01/01/52 | 7269745 | 6132922 |
|  Fannie Mae, Pool #BV8464<br>3.00% | 04/01/52 | 4121128 | 3743768 |
|  Fannie Mae, Pool #CA1710<br>4.50% | 05/01/48 | 1362756 | 1366887 |
|  Fannie Mae, Pool #CA1711<br>4.50% | 05/01/48 | 963224 | 966144 |
|  Fannie Mae, Pool #CA2208<br>4.50% | 08/01/48 | 761528 | 763837 |
|  Fannie Mae, Pool #CA2327<br>4.00% | 09/01/48 | 473165 | 468896 |
|  Fannie Mae, Pool #CB2313<br>2.50% | 12/01/51 | 7889646 | 6934336 |
|  Fannie Mae, Pool #CB3289<br>2.00% | 04/01/52 | 10026344 | 8483518 |
|  Fannie Mae, Pool #FM2870<br>3.00% | 03/01/50 | 1873871 | 1729664 |
|  Fannie Mae, Pool #FS1598<br>2.00% | 04/01/52 | 8172099 | 6882594 |
|  Fannie Mae, Pool #MA1146<br>4.00% | 08/01/42 | 626086 | 618244 |
|  Fannie Mae, Pool #MA1561<br>3.00% | 09/01/33 | 1272209 | 1207481 |
|  Fannie Mae, Pool #MA1584<br>3.50% | 09/01/33 | 1864466 | 1823210 |
|  Fannie Mae, Pool #MA3182<br>3.50% | 11/01/47 | 318953 | 304764 |
|  Fannie Mae, Pool #MA4093<br>2.00% | 08/01/40 | 4268026 | 3720120 |
|  Fannie Mae, Pool #MA4465<br>2.00% | 11/01/51 | 2231165 | 1882948 |
|  Fannie Mae, Pool #MA4512<br>2.50% | 01/01/52 | 8250538 | 7239071 |
|  Fannie Mae, Pool #MA4548<br>2.50% | 02/01/52 | 7574351 | 6635427 |
|  Fannie Mae, Pool #MA4579<br>3.00% | 04/01/52 | 7477908 | 6792981 |
|  Freddie Mac, Pool #SD0231<br>3.00% | 01/01/50 | 4333626 | 4000125 |
|  Freddie Mac, Pool #ZM1779<br>3.00% | 09/01/46 | 1164068 | 1079942 |
|  Freddie Mac (2439-KZ)<br>6.50% | 04/15/32 | 61990 | 65013 |
|  Freddie Mac (2575-FD) (PAC)<br>4.91% (1 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 02/15/33 | 159044 | 158723 |
|  Freddie Mac (2662-MT) (TAC)<br>4.50% | 08/15/33 | 56361 | 56314 |
|  Freddie Mac (3315-S) (I/O) (I/F)<br>1.95% (-1 mo. USD LIBOR + 6.410%)<sup>(2)</sup> | 05/15/37 | 7653 | 628 |
|  Freddie Mac (3339-JS) (I/F)<br>13.85% (-1 mo. USD LIBOR + 42.835%)<sup>(2)</sup> | 07/15/37 | 207829 | 300314 |
|  Freddie Mac (3351-ZC)<br>5.50% | 07/15/37 | 152189 | 154723 |
|  Freddie Mac (3380-SM) (I/O) (I/F)<br>1.95% (-1 mo. USD LIBOR + 6.410%)<sup>(2)</sup> | 10/15/37 | 243500 | 25900 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Freddie Mac (3382-FL)<br>5.16% (1 mo. USD LIBOR + 0.700%)<sup>(2)</sup> | 11/15/37 | $61595 | $61739 |
|  Freddie Mac (3439-SC) (I/O) (I/F)<br>1.44% (-1 mo. USD LIBOR + 5.900%) | 04/15/38 | 1003612 | 64574 |
|  Freddie Mac (3578-DI) (I/O) (I/F)<br>2.19% (-1 mo. USD LIBOR + 6.650%)<sup>(2)</sup> | 04/15/36 | 350797 | 25654 |
|  Freddie Mac (4818-CA)<br>3.00% | 04/15/48 | 467837 | 424635 |
|  Freddie Mac, Pool #A97179<br>4.50% | 03/01/41 | 1050670 | 1069864 |
|  Freddie Mac, Pool #G06360<br>4.00% | 03/01/41 | 1195361 | 1201217 |
|  Freddie Mac, Pool #G06498<br>4.00% | 04/01/41 | 846693 | 844088 |
|  Freddie Mac, Pool #G06499<br>4.00% | 03/01/41 | 548159 | 547935 |
|  Freddie Mac, Pool #G07849<br>3.50% | 05/01/44 | 687053 | 663923 |
|  Freddie Mac, Pool #G07924<br>3.50% | 01/01/45 | 1025487 | 991604 |
|  Freddie Mac, Pool #G08710<br>3.00% | 06/01/46 | 1229789 | 1144408 |
|  Freddie Mac, Pool #G08711<br>3.50% | 06/01/46 | 1992901 | 1916467 |
|  Freddie Mac, Pool #G08715<br>3.00% | 08/01/46 | 2371651 | 2206994 |
|  Freddie Mac, Pool #G08716<br>3.50% | 08/01/46 | 1350423 | 1291939 |
|  Freddie Mac, Pool #G08721<br>3.00% | 09/01/46 | 1914619 | 1777880 |
|  Freddie Mac, Pool #G08722<br>3.50% | 09/01/46 | 543850 | 522992 |
|  Freddie Mac, Pool #G08726<br>3.00% | 10/01/46 | 1826233 | 1695806 |
|  Freddie Mac, Pool #G08732<br>3.00% | 11/01/46 | 1842886 | 1708390 |
|  Freddie Mac, Pool #G08792<br>3.50% | 12/01/47 | 1477820 | 1413442 |
|  Freddie Mac, Pool #G08816<br>3.50% | 06/01/48 | 274755 | 262730 |
|  Freddie Mac, Pool #G08826<br>5.00% | 06/01/48 | 239950 | 245436 |
|  Freddie Mac, Pool #G08843<br>4.50% | 10/01/48 | 993750 | 997738 |
|  Freddie Mac, Pool #G16584<br>3.50% | 08/01/33 | 1141609 | 1123548 |
|  Freddie Mac, Pool #G18592<br>3.00% | 03/01/31 | 622571 | 604692 |
|  Freddie Mac, Pool #G18670<br>3.00% | 12/01/32 | 418388 | 404975 |
|  Freddie Mac, Pool #G18713<br>3.50% | 11/01/33 | 776353 | 763586 |
|  Freddie Mac, Pool #G60038<br>3.50% | 01/01/44 | 968149 | 934151 |
|  Freddie Mac, Pool #G60344<br>4.00% | 12/01/45 | 496127 | 493953 |
|  Freddie Mac, Pool #G67700<br>3.50% | 08/01/46 | 801836 | 769899 |
|  Freddie Mac, Pool #G67703<br>3.50% | 04/01/47 | 4792701 | 4601753 |
|  Freddie Mac, Pool #G67706<br>3.50% | 12/01/47 | 3068748 | 2948756 |
|  Freddie Mac, Pool #G67707<br>3.50% | 01/01/48 | 6376853 | 6151225 |
|  Freddie Mac, Pool #G67708<br>3.50% | 03/01/48 | 5477748 | 5252699 |
|  Freddie Mac, Pool #G67710<br>3.50% | 03/01/48 | 4360424 | 4162917 |
|  Freddie Mac, Pool #G67711<br>4.00% | 03/01/48 | 1581367 | 1569991 |
|  Freddie Mac, Pool #G67718<br>4.00% | 01/01/49 | 1463044 | 1448255 |
|  Freddie Mac, Pool #Q05261<br>3.50% | 12/01/41 | 1059966 | 1025111 |
|  Freddie Mac, Pool #Q20178<br>3.50% | 07/01/43 | 2077017 | 2030212 |
|  Freddie Mac, Pool #QE0312<br>2.00% | 04/01/52 | 5428959 | 4572297 |
|  Freddie Mac, Pool #SD7513<br>3.50% | 04/01/50 | 552457 | 530177 |
|  Freddie Mac, Pool #SD8178<br>2.50% | 11/01/51 | 5560044 | 4884515 |
|  Freddie Mac, Pool #SD8193<br>2.00% | 02/01/52 | 8139977 | 6861897 |
|  Freddie Mac, Pool #SD8194<br>2.50% | 02/01/52 | 7536965 | 6609837 |
|  Freddie Mac, Pool #SD8205<br>2.50% | 04/01/52 | 2202847 | 1929787 |
|  Freddie Mac, Pool #SD8212<br>2.50% | 05/01/52 | 7834440 | 6862466 |
|  Freddie Mac, Pool #ZT1703<br>4.00% | 01/01/49 | 996115 | 985109 |
|  Ginnie Mae (08-27-SI) (I/O) (I/F)<br>1.98% (-1 mo. USD LIBOR + 6.470%)<sup>(2)</sup> | 03/20/38 | 154443 | 18489 |
|  Ginnie Mae (08-81-S) (I/O) (I/F)<br>1.71% (-1 mo. USD LIBOR + 6.200%)<sup>(2)</sup> | 09/20/38 | 598777 | 67392 |
|  Ginnie Mae (10-1-S) (I/O) (I/F)<br>1.26% (-1 mo. USD LIBOR + 5.750%)<sup>(2)</sup> | 01/20/40 | 876739 | 79655 |
|  Ginnie Mae (18-124-NW)<br>3.50% | 09/20/48 | 800726 | 764505 |
|  Ginnie Mae, Pool #608259<br>4.50% | 08/15/33 | 16463 | 16593 |
|  Ginnie Mae, Pool #782114<br>5.00% | 09/15/36 | 60605 | 62877 |
|  Ginnie Mae, Pool #MA4127<br>3.50% | 12/20/46 | 1239267 | 1193118 |
|  Ginnie Mae II, Pool #MA6030<br>3.50% | 07/20/49 | 83488 | 78005 |
|  Ginnie Mae II, Pool #MA3521<br>3.50% | 03/20/46 | 914804 | 882739 |
|  Ginnie Mae II, Pool #MA3597<br>3.50% | 04/20/46 | 883307 | 851794 |
|  Ginnie Mae II, Pool #MA3662<br>3.00% | 05/20/46 | 395817 | 370358 |
|  Ginnie Mae II, Pool #MA3663<br>3.50% | 05/20/46 | 869262 | 838251 |
|  Ginnie Mae II, Pool #MA4126<br>3.00% | 12/20/46 | 2353805 | 2199465 |
|  Ginnie Mae II, Pool #MA4196<br>3.50% | 01/20/47 | 725677 | 698654 |
|  Ginnie Mae II, Pool #MA4454<br>5.00% | 05/20/47 | 304293 | 313206 |
|  Ginnie Mae II, Pool #MA4510<br>3.50% | 06/20/47 | 351621 | 337443 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |
|  Ginnie Mae II, Pool #MA4589<br>5.00% | 07/20/47 | $699270 | $720853 |
|  Ginnie Mae II, Pool #MA4722<br>5.00% | 09/20/47 | 235754 | 242884 |
|  Ginnie Mae II, Pool #MA4777<br>3.00% | 10/20/47 | 283144 | 264766 |
|  Ginnie Mae II, Pool #MA4836<br>3.00% | 11/20/47 | 1099795 | 1025619 |
|  Ginnie Mae II, Pool #MA4837<br>3.50% | 11/20/47 | 2282738 | 2193452 |
|  Ginnie Mae II, Pool #MA4838<br>4.00% | 11/20/47 | 656725 | 648157 |
|  Ginnie Mae II, Pool #MA4901<br>4.00% | 12/20/47 | 1116615 | 1102048 |
|  Ginnie Mae II, Pool #MA5078<br>4.00% | 03/20/48 | 801565 | 789771 |
|  Ginnie Mae II, Pool #MA5399<br>4.50% | 08/20/48 | 1594868 | 1604706 |
|  Ginnie Mae II, Pool #MA5466<br>4.00% | 09/20/48 | 54664 | 53698 |
|  Ginnie Mae II, Pool #MA5467<br>4.50% | 09/20/48 | 97059 | 97527 |
|  Ginnie Mae II, Pool #MA6209<br>3.00% | 10/20/49 | 591092 | 533124 |
|  Ginnie Mae II TBA, 30-Year |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 8000000 | 7143522 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 10600000 | 9461780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 08/01/52 | 6250000 | 6206893 |
|  Uniform Mortgage-Backed Securities TBA, 30-Year |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(6)</sup> | 01/01/52 | 40475000 | 34036945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(6)</sup> | 01/01/52 | 10850000 | 9130953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 36050000 | 31582608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 1650000 | 1446476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(6)</sup> | 03/01/52 | 25450000 | 23146576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(6)</sup> | 05/01/52 | 1100000 | 1032716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(6)</sup> | 07/01/52 | 13350000 | 12888486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 08/01/52 | 35825000 | 35390190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(6)</sup> | 08/01/52 | 51475000 | 51688140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $436,508,105) |  |  | 428312447 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**5.3%** |  |  |  |
|  Ajax Mortgage Loan Trust (19-F-A1)<br>2.86%<sup>(1)</sup> | 07/25/59 | 2102020 | 2008809 |
|  CIM Trust (21-J1-A1)<br>2.50%<sup>(1),(5)</sup> | 03/25/51 | 9810717 | 8222607 |
|  Citigroup Mortgage Loan Trust (06-AMC1-A1)<br>4.80% (1 mo. USD LIBOR + 0.290%)<sup>(1),(2)</sup> | 09/25/36 | 7072952 | 6773408 |
|  Citigroup Mortgage Loan Trust, Inc. (05-5-2A2)<br>5.75% | 08/25/35 | 194717 | 136353 |
|  Credit Suisse First Boston Mortgage Securities Corp. (03-8-4PPA)<br>5.75% | 04/22/33 | 3394 | 3157 |
|  CSMC 2022-ATH2 (22-ATH2-A1)<br>4.55%<sup>(1),(5)</sup> | 05/25/67 | 3673562 | 3602408 |
|  CSMC Trust (18-RPL9-A)<br>3.85%<sup>(1),(5)</sup> | 09/25/57 | 2382454 | 2277722 |
|  Fremont Home Loan Trust (05-E-2A4)<br>5.17% (1 mo. USD LIBOR + 0.660%)<sup>(2)</sup> | 01/25/36 | 5311447 | 4954977 |
|  GS Mortgage-Backed Securities Trust (18-RPL1-A1A)<br>3.75%<sup>(1)</sup> | 10/25/57 | 2082721 | 1982064 |
|  GSAA Home Equity Trust (05-11-2A2)<br>5.15% (1 mo. USD LIBOR + 0.640%)<sup>(2)</sup> | 10/25/35 | 884835 | 851679 |
|  IndyMac Index Mortgage Loan Trust (05-AR6-2A1)<br>4.99% (1 mo. USD LIBOR + 0.480%)<sup>(2)</sup> | 04/25/35 | 470532 | 385878 |
|  JPMorgan Mortgage Trust (21-14-A3)<br>2.50%<sup>(1),(5)</sup> | 05/25/52 | 5108290 | 4268615 |
|  JPMorgan Mortgage Trust (22-1-A3)<br>2.50%<sup>(1),(5)</sup> | 07/25/52 | 8824213 | 7362702 |
|  Morgan Stanley Capital, Inc. (04-WMC2-M1)<br>5.42% (1 mo. USD LIBOR + 0.915%)<sup>(2)</sup> | 07/25/34 | 609019 | 574511 |
|  Morgan Stanley Mortgage Loan Trust (04-3-4A)<br>5.65%<sup>(5)</sup> | 04/25/34 | 82283 | 80482 |
|  New Century Home Equity Loan Trust (05-D-A1)<br>4.95% (1 mo. USD LIBOR + 0.440%)<sup>(2)</sup> | 02/25/36 | 293273 | 292749 |
|  Option One Mortgage Loan Trust (05-2-M1)<br>5.17% (1 mo. USD LIBOR + 0.660%)<sup>(2)</sup> | 05/25/35 | 397658 | 394236 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates (05-WCW2-M3)<br>5.33% (1 mo. USD LIBOR + 0.825%)<sup>(2)</sup> | 07/25/35 | 10000000 | 9195699 |
|  Structured Asset Investment Loan Trust (04-6-A3)<br>5.31% (1 mo. USD LIBOR + 0.800%)<sup>(2)</sup> | 07/25/34 | 1889173 | 1831161 |
|  Structured Asset Securities Corp. (03-34A-5A4)<br>4.22%<sup>(5)</sup> | 11/25/33 | 180294 | 165469 |
|  WaMu Mortgage Pass-Through Certificates (05-AR15-A1A1)<br>5.03% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 11/25/45 | 4244444 | 3754394 |
|  WaMu Mortgage Pass-Through Certificates (05-AR3-A2)<br>2.92%<sup>(5)</sup> | 03/25/35 | 501860 | 488541 |
|  Wells Fargo Alternative Loan Trust (07-PA3-2A1)<br>6.00%<sup>(7)</sup> | 07/25/37 | 44264 | 38020 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust (05-3-M6)<br>5.51% (1 mo. USD LIBOR + 1.005%)<sup>(2)</sup> | 11/25/35 | 807813 | 806536 |
|  Wells Fargo Home Equity Trust (04-2-A33)<br>5.51% (1 mo. USD LIBOR + 1.000%)<sup>(2)</sup> | 10/25/34 | 2486195 | 2421095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $67,448,034) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $67,448,034) |  | 62873272 |
|  **U.S. TREASURY SECURITIES**—**21.7%** |  |  |  |
|  U.S. Treasury Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 11/15/41 | 65067000 | 49411600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% | 11/15/52 | 18303000 | 19579920 |
|  U.S. Treasury Inflation Indexed Bond (TIPS)<br>0.63% | 07/15/32 | 3133502 | 2965860 |
|  U.S. Treasury Note |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 02/15/42 | 45830000 | 37075754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 01/31/28 | 27305000 | 27186607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/15/26 | 36500000 | 36491444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/31/27 | 49705000 | 50281655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 01/31/25 | 5090000 | 5084632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 11/15/32 | 4225000 | 4447143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 12/31/24 | 23635000 | 23636847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $264,136,404) |  |  | 256161462 |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **U.S. GOVERNMENT AGENCY OBLIGATIONS**—**2.7%** |  |  |  |  |
|  Federal Home Loan Banks<br>1.04% | 06/14/24 | $| 16850000 | $16037850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20% | 12/23/24 |  | 16820000 | 15795830 |
|  |  |  |  | 31833680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $33,670,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $33,670,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $33,670,000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $33,670,000) | 31833680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $1,338,688,322) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $1,338,688,322) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $1,338,688,322) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $1,338,688,322) | 1278363217 |
|  **MONEY MARKET INVESTMENTS—3.8%** |  |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18% | State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18% | State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18% | State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18% | 44530305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $44,530,305) |  |  |  | 44530305 |
|  **SHORT TERM INVESTMENTS—6.3%** |  |  |  |  |
|  **U.S. TREASURY SECURITIES**—**6.3%** | **U.S. TREASURY SECURITIES**—**6.3%** | **U.S. TREASURY SECURITIES**—**6.3%** | **U.S. TREASURY SECURITIES**—**6.3%** | **U.S. TREASURY SECURITIES**—**6.3%** |
|  U.S. Treasury Bill |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.58%<sup>(9)</sup> | 05/25/23 |  | 25000000 | 24641375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.58%<sup>(9)</sup> | 05/25/23 |  | 25000000 | 24641375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%<sup>(9)</sup> | 07/20/23 |  | 25000000 | 24462779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $73,749,392) |  |  |  | 73745529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Short Term Investments** (Cost: $73,749,392) |  |  |  | 73745529 |
|  **Total Investments (118.4%)** (Cost: $1,456,968,019) | **Total Investments (118.4%)** (Cost: $1,456,968,019) | **Total Investments (118.4%)** (Cost: $1,456,968,019) | **Total Investments (118.4%)** (Cost: $1,456,968,019) | 1396639051 |
|  **Liabilities In Excess Of Other Assets (-18.4%)** | **Liabilities In Excess Of Other Assets (-18.4%)** | **Liabilities In Excess Of Other Assets (-18.4%)** | **Liabilities In Excess Of Other Assets (-18.4%)** | (216712066) |
|  **Net Assets (100.0%)** | **Net Assets (100.0%)** | **Net Assets (100.0%)** | **Net Assets (100.0%)** | $1179926985 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional** | **Market Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 1234 | 2-Year U.S Treasury Note Futures | 03/31/23 | $253233460 | $253770173 | $536713 |
| 293 | 5-Year U.S Treasury Note Futures | 03/31/23 | 31644049 | 32007961 | 363912 |
|  |  |  | $284877509 | $285778134 | $900625 |
|  **Short Futures** |  |  |  |  |  |
| 135 | 10-Year U.S. Treasury Note Futures | 03/22/23 | $(16062544) | $(16362423) | $(299879) |
| 26 | Euro-Bobl Future | 03/8/23 | (3364997) | (3312235) | 52762 |
| 35 | Euro-Bund Future | 03/8/23 | (5353518) | (5200767) | 152751 |
| 1 | U.S. Ultra Long Bond Futures | 03/22/23 | (134032) | (141750) | (7718) |
|  |  |  | $(24915091) | $(25017175) | $(102084) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **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 U.S.<br>Dollars** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL *<sup>(10)</sup>*** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 9965000 | 04/13/23 | $10791759 | $10869938 | $(78179) |
|  Goldman Sachs & Co. | GBP | 544000 | 04/13/23 | 664063 | 670746 | (6683) |
|  |  |  |  | $**11455822** | $**11540684** | $**(84862)** |

---

------

---

| |
|:---|
| **TCW Core Fixed Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** | **CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** |
| **Notional**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Amount**  | **Expiration<br>Date** | **Payment Made<br>by Fund<br>Frequency** | **Payment Made by<br>Fund** | **Payment<br>Received by Fund<br>Frequency** | **Payment<br>Received<br>by Fund** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Premium<br>Paid** | **Value** |
| $38150000<sup>(11)</sup> | 07/24/25 | Quarterly | 3-Month USD LIBOR | Semi-Annual | 1.026% | $(2158664) | $— | $(2158664) |
| 28215000<sup>(11)</sup> | 07/24/25 | Quarterly | 3-Month USD LIBOR | Semi-Annual | 1.034% | (1592314) |  | (1592314) |
| 19075000<sup>(11)</sup> | 07/24/25 | Quarterly | 3-Month USD LIBOR | Semi-Annual | 1.073% | (1062676) |  | (1062676) |
| 45870000<sup>(11)</sup> | 09/28/25 | Quarterly | 3-Month USD LIBOR | Semi-Annual | 1.390% | (2108277) |  | (2108277) |
| 1595000<sup>(11)</sup> | 07/24/53 | Semi-Annual | 1.808% | Quarterly | 3-Month<br>USD<br>LIBOR | 430560 |  | 430560 |
| 2355000<sup>(11)</sup> | 07/24/53 | Semi-Annual | 1.785% | Quarterly | 3-Month<br>USD<br>LIBOR | 645782 |  | 645782 |
| 3190000<sup>(11)</sup> | 07/24/53 | Semi-Annual | 1.773% | Quarterly | 3-Month<br>USD<br>LIBOR | 882329 |  | 882329 |
| 3915000<sup>(11)</sup> | 09/28/53 | Semi-Annual | 1.870% | Quarterly | 3-Month<br>USD<br>LIBOR | 988621 |  | 988621 |
|  |  |  |  |  |  | $**(3974639)** | $**—** | $**(3974639)** |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| CLO | Collateralized Loan Obligation. |
| EETC | Enhanced Equipment Trust Certificate. |
| 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. |
| REIT | Real Estate Investment Trust. |
| SOFR | Secured Overnight Financing Rate. |
| TAC | Target Amortization Class. |
| TBA | To Be Announced. |
| EUR | Euro Currency. |
| (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 January 31, 2023, the value of these securities amounted to $229,626,380 or 19.5% 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 January 31, 2023. |
| (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 January 31, 2023, the value of these securities amounted to $7,830,963 or 0.7% of net assets. |
| (4)  | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (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)  | 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. |
| (7)  | A portion of the principal balance has been written-off during the period due to defaults in the underlying loans. Cost basis has been adjusted. |
| (8)  | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (9)  | Rate shown represents yield-to-maturity. |
| (10)  | Fund sells foreign currency, buys U.S. Dollar. |
| (11)  | This instrument has a forward starting effective date. |

---

------

**TCW Core Fixed Income Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Residential Mortgage-Backed Securities—Agency | 36.3% |
|  Corporate Bonds | 29.2 |
|  U.S. Treasury Securities | 28.0 |
|  Asset-Backed Securities | 8.4 |
|  Residential Mortgage-Backed Securities—Non-Agency | 5.3 |
|  Money Market Investments | 3.8 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 3.4 |
|  U.S. Government Agency Obligations | 2.7 |
|  Municipal Bonds | 0.7 |
|  Commercial Mortgage-Backed Securities—Agency | 0.6 |
|  Other\* | (18.4) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

------

**TCW Core Fixed Income Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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\* | $— | $344834341 | $— | $344834341 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 7889354 |  | 7889354 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 94778307 | 4019764 | 98798071 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 7126365 |  | 7126365 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 40534225 |  | 40534225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 428312447 |  | 428312447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 62873272 |  | 62873272 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 253195602 | 2965860 |  | 256161462 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 31833680 |  | 31833680 |
|  Total Fixed Income Securities | 253195602 | 1021147851 | 4019764 | 1278363217 |
|  Money Market Investments | 44530305 |  |  | 44530305 |
|  Short Term Investments | 73745529 |  |  | 73745529 |
|  Total Investments | $371471436 | $1021147851 | $4019764 | $1396639051 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 1106138 |  |  | 1106138 |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk |  | 2947292 |  | 2947292 |
|  Total | $372577574 | $1024095143 | $4019764 | $1400692481 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(307597) | $— | $— | $(307597) |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (84862) |  | (84862) |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk |  | (6921931) |  | (6921931) |
|  Total | $(307597) | $(7006793) | $— | $(7314390) |

---

\* See Schedule of Investments for corresponding industries.

------

**TCW Emerging Markets Income Fund** 

SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—96.0% of Net Assets** |  |  |  |
|  **Angola—1.5%** | **Angola—1.5%** | **Angola—1.5%** | **Angola—1.5%** |
|  Angolan Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 05/09/28 | $25080000 | $23841048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.75%<sup>(1)</sup> | 04/14/32 | 37060000 | 34465800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Angola** (Cost: $55,501,877) |  |  | 58306848 |
|  **Argentina—1.5%** | **Argentina—1.5%** | **Argentina—1.5%** | **Argentina—1.5%** |
|  Argentine Republic Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 07/09/41 | 81565456 | 27954833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/09/38 | 86382818 | 31947791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Argentina** (Cost: $62,220,863) |  |  | 59902624 |
|  **Bahrain—3.2%** |  |  |  |
|  Bahrain Government International Bond | Bahrain Government International Bond | Bahrain Government International Bond | Bahrain Government International Bond |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 01/25/33 | 32085000 | 28435331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%<sup>(2)</sup> | 05/18/34 | 31387000 | 28031730 |
|  Oil and Gas Holding Co. BSCC (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(1)</sup> | 10/25/27 | 3000000 | 3129510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(2)</sup> | 10/25/27 | 25435000 | 26533029 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(2)</sup> | 11/07/24 | 38939000 | 39990353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bahrain** (Cost: $124,530,864) |  |  | 126119953 |
|  **Benin—0.6% (Cost: $18,277,936)** |  |  |  |
|  Benin Government International Bond<br>4.88%<sup>(2)</sup> | 01/19/32 | 25590000 | 22025174 |
|  **Brazil—3.2%** |  |  |  |
|  Acu Petroleo Luxembourg Sarl<br>7.50%<sup>(1)</sup> | 07/13/35 | $24167185 | 22786514 |
|  Brazilian Government International Bond<br>3.75% | 09/12/31 | 25750000 | 22170750 |
|  CSN Resources S.A.<br>4.63%<sup>(1)</sup> | 06/10/31 | 18709000 | 15850265 |
|  Globo Communicacoes Part<br>5.50%<sup>(1)</sup> | 01/14/32 | 19607000 | 17042404 |
|  MC Brazil Downstream Trading Sarl<br>7.25%<sup>(1)</sup> | 06/30/31 | 24545689 | 21531479 |
|  MV24 Capital B.V.<br>6.75%<sup>(1)</sup> | 06/01/34 | 27211005 | 25992496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $124,670,871) |  |  | 125373908 |
|  **Chile—2.1%** |  |  |  |
|  AES Andes S.A.<br>7.13% (USD 5-year Swap rate + 4.644%)<sup>(1),(3)</sup> | 03/26/79 | 19856000 | 19558160 |
|  Chile Government International Bond | Chile Government International Bond | Chile Government International Bond | Chile Government International Bond |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 01/27/32 | 27505000 | 23370999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% | 07/27/33 | 16072000 | 13159754 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 01/31/34 | 29135000 | 25874793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Chile** (Cost: $86,341,750) |  |  | 81963706 |
|  **Colombia—5.1%** |  |  |  |
|  Colombia Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13% | 04/15/31 | 15775000 | 11973703 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 04/25/27 | 23140000 | 21015343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 02/22/42 | 58060000 | 37797060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 02/02/34 | 52615000 | 52194080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 04/20/33 | 16140000 | 16667778 |
|  Ecopetrol S.A.<br>8.88% | 01/13/33 | 37690000 | 38634135 |
|  Gran Tierra Energy International Holdings, Ltd.<br>6.25%<sup>(2)</sup> | 02/15/25 | 14397000 | 12960179 |
|  Gran Tierra Energy, Inc.<br>7.75%<sup>(2)</sup> | 05/23/27 | 13143000 | 11184640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Colombia** (Cost: $203,131,361) |  |  | 202426918 |
|  **Costa Rica—0.4%** (Cost: $15,811,531) |  |  |  |
|  Instituto Costarricense de Electricidad<br>6.75%<sup>(1)</sup> | 10/07/31 | 15954000 | 15476745 |
|  **Dominican Republic—4.1%** |  |  |  |
|  Dominican Republic International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 01/30/30 | 10736000 | 9398294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 09/23/32 | 44969000 | 38596893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%<sup>(1)</sup> | 01/21/41 | 24605000 | 19883301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 02/22/29 | 47300000 | 44726880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(2)</sup> | 01/30/60 | 30095000 | 23338672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(2)</sup> | 07/19/28 | 17795000 | 17533091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%<sup>(1)</sup> | 02/03/31 | 8115000 | 8115000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Dominican Republic** (Cost: $155,022,426) |  |  | 161592131 |
|  **Ecuador—1.5%** |  |  |  |
|  Ecuador Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(1)</sup> | 07/31/35 | 31774699 | 15621267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(2)</sup> | 07/31/30 | 63833094 | 42720826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ecuador** (Cost: $68,041,905) |  |  | 58342093 |
|  **Egypt—2.6%** |  |  |  |
|  Egypt Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.05%<sup>(1)</sup> | 01/15/32 | 55387000 | 41800015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.30%<sup>(2)</sup> | 09/30/33 | 66216000 | 48689618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.60%<sup>(2)</sup> | 03/01/29 | 14030000 | 11715050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Egypt** (Cost: $111,869,553) |  |  | 102204683 |
|  **El Salvador—1.1%** |  |  |  |
|  El Salvador Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%<sup>(2)</sup> | 01/18/27 | 40314000 | 22393217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.12%<sup>(2)</sup> | 01/20/50 | 22000000 | 10346991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(2)</sup> | 04/10/32 | 18820000 | 9784518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total El Salvador** (Cost: $65,880,321) |  |  | 42524726 |
|  **Gabon—0.6%** (Cost: $27,497,282) |  |  |  |
|  Gabon Government International Bond<br>6.63%<sup>(2)</sup> | 02/06/31 | 28213000 | 23825878 |
|  **Guatemala—0.3%** (Cost: $13,806,460) |  |  |  |
|  Banco Industrial S.A.<br>4.88% (U.S. 5-year Treasury Constant Maturity Rate + 4.442%)<sup>(1),(3)</sup> | 01/29/31 | 13900000 | 13070518 |
|  **Hungary—3.1%** |  |  |  |
|  Hungary Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%<sup>(2)</sup> | 09/21/51 | 15475000 | 9825078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(1)</sup> | 06/16/29 | 31175000 | 30804017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(2)</sup> | 06/16/34 | 43348000 | 42887427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 05/22/28 | 10870000 | 11283060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(1)</sup> | 09/25/52 | 27315000 | 28988044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Hungary** (Cost: $116,193,709) |  |  | 123787626 |
|  **India—1.5%** |  |  |  |
|  Adani Green Energy, Ltd.<br>4.38%<sup>(2)</sup> | 09/08/24 | 16348000 | 12924729 |
|  Greenko Investment Co.<br>4.88%<sup>(2)</sup> | 08/16/23 | 10540000 | 10381900 |
|  Greenko Power II, Ltd.<br>4.30%<sup>(2)</sup> | 12/13/28 | 13465500 | 11701519 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **India (Continued)** |  |  |  |
|  India Airport Infra<br>6.25%<sup>(2)</sup> | 10/25/25 | $10950000 | $10501050 |
|  India Green Power Holdings<br>4.00%<sup>(2)</sup> | 02/22/27 | 13970000 | 12257278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total India** (Cost: $55,656,281) |  |  | 57766476 |
|  **Indonesia—5.5%** |  |  |  |
|  Freeport Indonesia PT |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.32%<sup>(1)</sup> | 04/14/32 | 39270000 | 37507598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%<sup>(2)</sup> | 04/14/52 | 20275000 | 18805062 |
|  Indonesia Asahan Aluminium Persero PT |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 05/15/25 | 39540000 | 39318576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%<sup>(1)</sup> | 05/15/30 | 49136000 | 49233781 |
|  Indonesia Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(2)</sup> | 01/17/42 | 21511000 | 21884780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 01/11/53 | 8100000 | 8530372 |
|  Perusahaan Perseroan Persero PT Perusahaan Listrik Negara |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%<sup>(2)</sup> | 02/05/30 | 9850000 | 8692625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(2)</sup> | 07/17/49 | 17900000 | 14731700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(2)</sup> | 05/15/47 | 19477000 | 17042375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Indonesia** (Cost: $222,858,939) |  |  | 215746869 |
|  **Iraq—0.6%** (Cost: $22,925,405) |  |  |  |
|  Iraq International Bond<br>5.80%<sup>(2)</sup> | 01/15/28 | 24118125 | 22404773 |
|  **Israel—2.4%** |  |  |  |
|  Bank Leumi Le-Israel BM<br>7.13% (U.S. 5-year Treasury Constant Maturity Rate + 3.466%)<sup>(1), (3)</sup> | 07/18/33 | 17555000 | 18081650 |
|  Energean Israel Finance, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(2)</sup> | 03/30/26 | 11855000 | 11177546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%<sup>(2)</sup> | 03/30/28 | 16230000 | 15009504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(2)</sup> | 03/30/31 | 41642700 | 37738697 |
|  Leviathan Bond, Ltd.<br>6.75%<sup>(2)</sup> | 06/30/30 | 13404000 | 13090346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Israel** (Cost: $96,690,966) |  |  | 95097743 |
|  **Ivory Coast—1.1%** |  |  |  |
|  Ivory Coast Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 01/30/32 | 26900000 | 23041667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(1)</sup> | 10/17/40 | &nbsp;&nbsp;&nbsp;&nbsp;22357000 | 18696230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Ivory Coast** (Cost: $42,368,594) |  |  | 41737897 |
|  **Jordan—1.1%** |  |  |  |
|  Jordan Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%<sup>(2)</sup> | 07/07/25 | $11235000 | 10932778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75%<sup>(1)</sup> | 01/15/28 | 31020000 | 32130516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Jordan** (Cost: $41,141,190) |  |  | 43063294 |
|  **Kazakhstan—3.0%** |  |  |  |
|  KazMunayGas National Co. JSC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(1)</sup> | 04/14/33 | 50645000 | 38839650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 04/19/27 | 26500000 | 24711250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(2)</sup> | 04/19/47 | 39250000 | 31525600 |
|  Tengizchevroil Finance Co. International, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%<sup>(2)</sup> | 08/15/30 | 13875000 | 10617150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(2)</sup> | 08/15/26 | 15204000 | 13621416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Kazakhstan** (Cost: $130,970,754) |  |  | 119315066 |
|  **Mexico—8.7%** |  |  |  |
|  Banco Mercantil del Norte S.A.<br>7.50% (U.S. 10-year Treasury Constant Maturity Rate + 5.470%)<sup>(1), (3), (4)</sup> | 06/27/29 | 16494000 | 15893536 |
|  BBVA Bancomer S.A.<br>5.13% (U.S. 5-year Treasury Constant Maturity Rate + 2.650%)<sup>(2), (3)</sup> | 01/18/33 | 11061000 | 10527860 |
|  Cemex SAB de CV<br>5.13% (U.S. 5-year Treasury Constant Maturity Rate + 4.534%)<sup>(1), (3), (4)</sup> | 06/08/26 | 28118000 | 25950102 |
|  Comision Federal de Electricidad |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.69%<sup>(1)</sup> | 05/15/29 | 32115000 | 29611315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.26%<sup>(2)</sup> | 02/15/52 | 32708000 | 28499543 |
|  Electricidad Firme de Mexico Holdings SA de CV<br>4.90%<sup>(1)</sup> | 11/20/26 | 18998000 | 17240685 |
|  Mexico Government International Bond<br>3.77% | 05/24/61 | 29250000 | 20006415 |
|  Petroleos Mexicanos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35% | 02/12/28 | 51174000 | 45186642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.49% | 01/23/27 | 37137000 | 35153884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70% | 02/16/32 | 41720000 | 34656804 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.84% | 01/23/30 | 52340000 | 45608919 |
|  United Mexican States<br>3.50% | 02/12/34 | 40803000 | 34466294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mexico** (Cost: $329,607,607) |  |  | 342801999 |
|  **Mongolia—0.1% (Cost: $5,138,224)** |  |  |  |
|  Mongolia Government International Bond<br>8.65%<sup>(1)</sup> | 01/19/28 | 5200000 | 5447000 |
|  **Morocco—0.5%** (Cost: $20,438,726) |  |  |  |
|  Morocco Government International Bond<br>4.00%<sup>(2)</sup> | 12/15/50 | 29685000 | 20408438 |
|  **Mozambique—0.5%** (Cost: $18,184,315) |  |  |  |
|  Mozambique International Bond<br>5.00%<sup>(2)</sup> | 09/15/31 | 26430000 | 21384513 |
|  **Nigeria—1.9%** |  |  |  |
|  Nigeria Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%<sup>(1)</sup> | 09/28/28 | 42001000 | 32794381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38%<sup>(2)</sup> | 09/28/33 | 14190000 | 10166142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.70%<sup>(1)</sup> | 02/23/38 | 36654000 | 25566165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38%<sup>(2)</sup> | 03/24/29 | 9150000 | 7650260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Nigeria** (Cost: $90,185,129) |  |  | 76176948 |
|  **Oman—3.4%** |  |  |  |
|  Lamar Funding, Ltd.<br>3.96%<sup>(2)</sup> | 05/07/25 | 12237000 | 11762302 |
|  Oman Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(2)</sup> | 08/01/29 | 33310000 | 34229356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(2)</sup> | 03/08/47 | 14500000 | 13960600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(2)</sup> | 01/17/48 | 11650000 | 11547480 |
|  OmGrid Funding, Ltd.<br>5.20%<sup>(2)</sup> | 05/16/27 | 13500000 | 13251802 |
|  OQ SAOC<br>5.13%<sup>(2)</sup> | 05/06/28 | 51786000 | 50030196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Oman** (Cost: $132,597,989) |  |  | 134781736 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Pakistan—0.6%** |  |  |  |
|  Pakistan Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(2)</sup> | 12/05/27 | $31093000 | $13453941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(1)</sup> | 04/08/26 | 27415000 | 12062600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Pakistan** (Cost: $53,316,576) |  |  | 25516541 |
|  **Panama—3.8%** |  |  |  |
|  Multibank, Inc.<br>7.75%<sup>(1)</sup> | 02/03/28 | 7220000 | 7328300 |
|  Panama Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16% | 01/23/30 | 16103000 | 14198015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 04/16/50 | 60855000 | 47880936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.40% | 02/14/35 | 59751000 | 63276309 |
|  Republic of Panama<br>6.70% | 01/26/36 | 17250000 | 18719700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Panama** (Cost: $148,382,710) |  |  | 151403260 |
|  **Paraguay—0.3%** (Cost: $12,009,559) |  |  |  |
|  Paraguay Government International Bond<br>3.85%<sup>(2)</sup> | 06/28/33 | 14315000 | 12594194 |
|  **Peru—1.9%** |  |  |  |
|  Peruvian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.86% | 12/01/32 | 11310000 | 8477838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.78% | 01/23/31 | 48655000 | 41219665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 01/15/34 | 33634000 | 27355289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Peru** (Cost: $78,389,962) |  |  | 77052792 |
|  **Philippines—2.6%** |  |  |  |
|  Philippine Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20% | 07/06/46 | 26324000 | 19841715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.56% | 09/29/32 | 37245000 | 34451625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20% | 03/29/47 | 13000000 | 11492433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 07/17/33 | 9985000 | 10209663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 10/13/47 | 11585000 | 12732322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38% | 10/23/34 | 13800000 | 15732000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Philippines** (Cost: $105,847,946) |  |  | 104459758 |
|  **Qatar—1.8%** (Cost: $81,691,473) |  |  |  |
|  Qatar Energy<br>3.13%<sup>(1)</sup> | 07/12/41 | 92231000 | 73266923 |
|  **Romania—4.0%** |  |  |  |
|  Romanian Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%<sup>(1)</sup> | 05/25/34 | 58890000 | 58089096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%<sup>(1)</sup> | 02/17/28 | 17488000 | 18176590 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(1)</sup> | 01/17/33 | 32690000 | 34710242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.63%<sup>(1)</sup> | 01/17/53 | 41978000 | 45736343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Romania** (Cost: $147,917,648) |  |  | 156712271 |
|  **Saudi Arabia—4.6%** |  |  |  |
|  Gaci First Investment Co.<br>5.38%<sup>(2)</sup> | 10/13/22 | 78490000 | 75575823 |
|  Saudi Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(2)</sup> | 10/04/47 | 40180000 | 36736574 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 01/18/28 | 16785000 | 17075380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(1)</sup> | 07/18/33 | 25043000 | 25616485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(1)</sup> | 10/25/32 | 26350000 | 28284090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Saudi Arabia** (Cost: $177,100,474) |  |  | 183288352 |
|  **Senegal—0.7%** (Cost: $31,564,430) |  |  |  |
|  Senegal Government International Bond<br>5.38%<sup>(1)</sup> | 06/08/37 | 38225000 | 29239613 |
|  **Serbia—0.8%** |  |  |  |
|  Serbia International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(1)</sup> | 05/26/28 | $15540000 | 15827490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(1)</sup> | 09/26/33 | 14085000 | 14201905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Serbia** (Cost: $29,448,217) |  |  | 30029395 |
|  **South Africa—4.3%** |  |  |  |
|  Eskom Holdings SOC, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%<sup>(2)</sup> | 08/10/28 | 36790000 | 35267630 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.13%<sup>(2)</sup> | 02/11/25 | 45425000 | 43721562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.45%<sup>(2)</sup> | 08/10/28 | 27572000 | 26565622 |
|  Republic of South Africa Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.85% | 09/30/29 | 30470000 | 27880050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65% | 09/27/47 | 24990000 | 19162707 |
|  Transnet SOC, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(1)</sup> | 02/06/28 | 16690000 | 16752588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $166,578,370) |  |  | 169350159 |
|  **South Korea—1.1%** |  |  |  |
|  POSCO<br>5.75%<sup>(1)</sup> | 01/17/28 | 13620000 | 14092614 |
|  SK Hynix, Inc.<br>6.38%<sup>(1)</sup> | 01/17/28 | 29270000 | 29736416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Korea** (Cost: $43,006,596) |  |  | 43829030 |
|  **Sri Lanka—0.4%** |  |  |  |
|  Sri Lanka Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.20%<sup>(2),(5)</sup> | 05/11/27 | 14675000 | 5080485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%<sup>(2),(5)</sup> | 04/18/28 | 36568000 | 12749446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Sri Lanka** (Cost: $36,927,349) |  |  | 17829931 |
|  **Tunisia—0.5%** (Cost: $20,077,824) |  |  |  |
|  Tunisian Republic<br>5.75%<sup>(2)</sup> | 01/30/25 | 27574000 | 18153619 |
|  **Turkey—4.5%** |  |  |  |
|  Turkey Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 06/26/31 | 27125000 | 22016495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88% | 03/17/36 | 26700000 | 22090565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.38% | 01/19/33 | 69550000 | 68332875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.88% | 01/15/28 | 63915000 | 65781318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Turkey** (Cost: $182,954,730) |  |  | 178221253 |
|  **United Arab Emirates—1.3%** |  |  |  |
|  Galaxy Pipeline Assets Bidco, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%<sup>(1)</sup> | 03/31/36 | 38166000 | 31302939 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%<sup>(1)</sup> | 09/30/40 | 24105258 | 19826575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total United Arab Emirates** (Cost: $55,913,770) |  |  | 51129514 |
|  **Uruguay—1.2%** (Cost: $46,639,875) |  |  |  |
|  Uruguay Government International Bond<br>5.10% | 06/18/50 | 46930000 | 47551822 |
|  **Venezuela—0.4%** |  |  |  |
|  Venezuela Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25%<sup>(2),(5),(6)</sup> | 10/13/24 | 60057200 | 5405148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(5),(6)</sup> | 09/15/27 | 60955000 | 5485950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.25%<sup>(2),(5),(6)</sup> | 05/07/28 | 49048000 | 4414320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Venezuela** (Cost: $55,533,009) |  |  | 15305418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $3,930,863,346) |  |  | 3798010128 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Issues** | **Shares** | **Value** |
|  **MONEY MARKET INVESTMENTS (6.2%)** |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(7)</sup> | 244247836 | $244247836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $244,247,836) |  | 244247836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (102.2%)** (Cost: $4,175,111,182) |  | 4042257964 |
|  **Liabilities In Excess Of Other Assets (-2.2%)** | **Liabilities In Excess Of Other Assets (-2.2%)** | (88551760) |
|  **Total Net Assets (100.0%)** | **Total Net Assets (100.0%)** | $3953706204 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for U.S.<br>Dollars** | **Contracts at<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY *<sup>(8)</sup>*** |  |  |  |  |  |  |
|  BNP Paribas S.A. | EUR | 84342433 | 04/06/23 | $91578171 | $91965586 | $387415 |
|  **SELL *<sup>(9)</sup>*** |  |  |  |  |  |  |
|  JP Morgan Chase Bank | EUR | 84342433 | 04/06/23 | $89990846 | $91965586 | $(1974740) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| EUR | Euro Currency. |
| USD | U.S. Dollar. |
| (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 January 31, 2023, the value of these securities amounted to $1,415,787,332 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) | 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 January 31, 2023, the value of these securities amounted to $1,231,963,155 or 31.2% of net assets. |
| (3) | Floating or variable rate security. The interest shown reflects the rate in effect at January 31, 2023. |
| (4) | Perpetual maturity. |
| (5) | 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. |
| (6) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (7) | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (8) | Fund buys foreign currency, sells U.S. Dollar. |
| (9) | Fund sells foreign currency, buys U.S. Dollar. |

---

------

**TCW Emerging Markets Income Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Banks | 1.6 |
|  Building Materials | 0.6 |
|  Electric | 7.4 |
|  Energy-Alternate Sources | 0.9 |
|  Engineering & Construction | 0.3 |
|  Foreign Government Bonds | 58.7 |
|  Investment Companies | 1.9 |
|  Iron & Steel | 0.8 |
|  Media | 0.4 |
|  Mining | 3.7 |
|  Oil & Gas | 16.0 |
|  Pipelines | 1.9 |
|  Semiconductors | 0.7 |
|  Transportation | 1.1 |
|  Money Market Investments | 6.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 102.2% |

---

------

**TCW Emerging Markets Income Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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; Banks | $— | $64901863 | $— | $64901863 |
| &nbsp;&nbsp;&nbsp;&nbsp; Building Materials |  | 25950102 |  | 25950102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Electric |  | 294346796 |  | 294346796 |
| &nbsp;&nbsp;&nbsp;&nbsp; Energy-Alternate Sources |  | 34340698 |  | 34340698 |
| &nbsp;&nbsp;&nbsp;&nbsp; Engineering & Construction |  | 10501050 |  | 10501050 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 2304642699 | 15305418 | 2319948117 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies |  | 75575823 |  | 75575823 |
| &nbsp;&nbsp;&nbsp;&nbsp; Iron & Steel |  | 29942879 |  | 29942879 |
| &nbsp;&nbsp;&nbsp;&nbsp; Media |  | 17042404 |  | 17042404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Mining |  | 144865017 |  | 144865017 |
| &nbsp;&nbsp;&nbsp;&nbsp; Oil & Gas |  | 634197852 |  | 634197852 |
| &nbsp;&nbsp;&nbsp;&nbsp; Pipelines |  | 73916027 |  | 73916027 |
| &nbsp;&nbsp;&nbsp;&nbsp; Semiconductors |  | 29736416 |  | 29736416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transportation |  | 42745084 |  | 42745084 |
|  Total Fixed Income Securities |  | 3782704710 | 15305418 | 3798010128 |
|  Money Market Investments | 244247836 |  |  | 244247836 |
|  Total Investments | $244247836 | $3782704710 | $15305418 | $4042257964 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 387415 |  | 387415 |
|  Total | $244247836 | $3783092125 | $15305418 | $4042645379 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk | $— | $(1974740) | $— | $(1974740) |
|  Total | $— | $(1974740) | $— | $(1974740) |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **FIXED INCOME SECURITIES—93.1% of Net Assets** |  |  |  |  |  |
|  **Brazil—10.0%** |  |  |  |  |  |
|  Brazil Letras do Tesouro Nacional<br>0.00%<sup>(1)</sup> | 01/01/24 | BRL | 5710000 | $| 1000188 |
|  Brazil Notas do Tesouro Nacional, Series B<br>6.00% | 08/15/50 | BRL | 1295000 |  | 996018 |
|  Brazil Notas do Tesouro Nacional, Series F |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00% | 01/01/25 | BRL | 41118000 |  | 7717549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00% | 01/01/27 | BRL | 22147000 |  | 3999624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00% | 01/01/29 | BRL | 8392000 |  | 1458118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Brazil** (Cost: $15,613,638) |  |  |  |  | 15171497 |
|  **Chile—2.3%** |  |  |  |  |  |
|  Bonos de la Tesoreria de la Republica en pesos | Bonos de la Tesoreria de la Republica en pesos | Bonos de la Tesoreria de la Republica en pesos | Bonos de la Tesoreria de la Republica en pesos | Bonos de la Tesoreria de la Republica en pesos | Bonos de la Tesoreria de la Republica en pesos |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 03/01/25 | CLP | 120000000 |  | 138588 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 03/01/26 | CLP | 655000000 |  | 785943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%<sup>(2)</sup> | 09/01/30 | CLP | 1295000000 |  | 1543672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(2)</sup> | 10/01/28 | CLP | 370000000 |  | 452484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 03/01/35 | CLP | 435000000 |  | 525005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Chile** (Cost: $3,156,226) |  |  |  |  | 3445692 |
|  **China—8.3%** | **China—8.3%** | **China—8.3%** | **China—8.3%** | **China—8.3%** | **China—8.3%** |
|  Agricultural Development Bank of China<br>2.25% | 04/22/25 | CNY | 8630000 |  | 1265458 |
|  China Government Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% | 06/15/29 | CNY | 11460000 |  | 1688220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85% | 06/04/27 | CNY | 9960000 |  | 1484229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22% | 12/06/25 | CNY | 9510000 |  | 1439322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27% | 11/19/30 | CNY | 24650000 |  | 3787197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28% | 12/03/27 | CNY | 19110000 |  | 2917234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total China** (Cost: $12,262,119) |  |  |  |  | 12581660 |
|  **Colombia—4.8%** |  |  |  |  |  |
|  Colombian TES<br>5.75% | 11/03/27 | COP | 13727300000 |  | 2316738 |
|  Colombian TES (Treasury) Bond, Series B |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00% | 04/28/28 | COP | 4960700000 |  | 828342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% | 06/30/32 | COP | 10607300000 |  | 1635038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 08/26/26 | COP | 6743300000 |  | 1272780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 09/18/30 | COP | 7408200000 |  | 1256016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Colombia** (Cost: $9,320,885) |  |  |  |  | 7308914 |
|  **Czech Republic—4.3%** |  |  |  |  |  |
|  Czech Republic Government Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.95%<sup>(2)</sup> | 05/15/30 | CZK | 19490000 |  | 686893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%<sup>(2)</sup> | 06/26/26 | CZK | 24630000 |  | 986662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | 02/14/25 | CZK | 14220000 |  | 597210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 06/23/32 | CZK | 61430000 |  | 2214618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 10/13/33 | CZK | 30900000 |  | 1106294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%<sup>(2)</sup> | 09/17/25 | CZK | 12100000 |  | 512879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 05/30/35 | CZK | 10820000 |  | 445621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Czech Republic** (Cost: $6,772,685) |  |  |  |  | 6550177 |
|  **Hungary—4.4%** |  |  |  |  |  |
|  Hungary Government Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00% | 11/26/25 | HUF | 166480000 |  | 361112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 10/24/24 | HUF | 499920000 |  | 1185468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% | 12/22/26 | HUF | 183000000 |  | 398394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 06/26/24 | HUF | 1180080000 |  | 2899837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/27/27 | HUF | 139470000 |  | 299539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/27/38 | HUF | 108420000 |  | 174309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 10/22/31 | HUF | 309560000 |  | 610199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 11/24/32 | HUF | 338150000 |  | 735348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Hungary** (Cost: $6,962,853) |  |  |  |  | 6664206 |
|  **Indonesia—9.8%** |  |  |  |  |  |
|  Indonesia Treasury Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 05/15/28 | IDR | 56324000000 |  | 3714228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38% | 04/15/32 | IDR | 22066000000 |  | 1446729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% | 09/15/30 | IDR | 36103000000 |  | 2462663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 08/15/32 | IDR | 27124000000 |  | 1907781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 06/15/35 | IDR | 5097000000 |  | 358141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38% | 09/15/26 | IDR | 21483000000 |  | 1531900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.38% | 03/15/34 | IDR | 15833000000 |  | 1180520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.00% | 03/15/29 | IDR | 31593000000 |  | 2371667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Indonesia** (Cost: $14,514,596) |  |  |  |  | 14973629 |
|  **Malaysia—10.0%** |  |  |  |  |  |
|  Malaysia Government Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.58% | 07/15/32 | MYR | 12096000 |  | 2787404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% | 06/15/28 | MYR | 7552000 |  | 1777462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76% | 05/22/40 | MYR | 3750000 |  | 836019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.89% | 08/15/29 | MYR | 10965000 |  | 2589753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 11/16/27 | MYR | 9010000 |  | 2141003 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90% | 11/30/26 | MYR | 4400000 |  | 1046118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96% | 09/15/25 | MYR | 6482000 |  | 1540052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18% | 07/15/24 | MYR | 3327000 |  | 791000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76% | 04/07/37 | MYR | 3313000 |  | 831405 |
|  Malaysia Government Investment Issue<br>3.47% | 10/15/30 | MYR | 3583000 |  | 817184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Malaysia** (Cost: $14,502,922) |  |  |  |  | 15157400 |
|  **Mexico—11.6%** |  |  |  |  |  |
|  Mexico Government Bond (BONOS) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 03/06/25 | MXN | 64105500 |  | 3094454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 03/05/26 | MXN | 54645000 |  | 2636875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 05/29/31 | MXN | 54000000 |  | 2713464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 05/31/29 | MXN | 63899500 |  | 3365983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 11/18/38 | MXN | 48784800 |  | 2538107 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00% | 12/05/24 | MXN | 47234400 |  | 2515609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00% | 11/20/36 | MXN | 12300000 |  | 724179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Mexico** (Cost: $17,096,775) |  |  |  |  | 17588671 |
|  **Peru—1.4%** |  |  |  |  |  |
|  Peruvian Government International Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.94% | 02/12/29 | PEN | 946000 |  | 223937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.15% | 08/12/32 | PEN | 3954000 |  | 900997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.35%<sup>(2)</sup> | 08/12/28 | PEN | 2110000 |  | 514838 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%<sup>(2)</sup> | 08/12/31 | PEN | 2136000 |  | 521888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Peru** (Cost: $2,658,283) |  |  |  |  | 2161660 |
|  **Poland—5.4%** |  |  |  |  |  |
|  Republic of Poland Government Bond |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75% | 04/25/25 | PLN | 6749000 |  | 1388736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | 10/25/30 | PLN | 3910000 |  | 646096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 04/25/32 | PLN | 3653000 |  | 595802 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 10/25/24 | PLN | 7462000 |  | 1616599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 07/25/27 | PLN | 3942000 |  | 788436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50% | 07/25/26 | PLN | 11554000 |  | 2371920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% | 10/25/29 | PLN | 4301000 |  | 821296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Poland** (Cost: $8,244,782) |  |  |  |  | 8228885 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **Romania—3.7%** |  |  |  |  |
|  Romania Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 04/29/24 | RON | 4165000 | $880737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 06/24/26 | RON | 7680000 | 1496048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15% | 01/26/28 | RON | 2720000 | 523311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 06/28/23 | RON | 485000 | 105879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75% | 02/24/25 | RON | 2275000 | 480889 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85% | 04/26/23 | RON | 4230000 | 931452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.70% | 02/25/32 | RON | 5745000 | 1216210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Romania** (Cost: $6,007,189) |  |  |  | 5634526 |
|  **South Africa—9.4%** |  |  |  |  |
|  South Africa Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25% | 03/31/36 | ZAR | 62402550 | 2419475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00% | 02/28/31 | ZAR | 53010519 | 2530300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00% | 01/31/30 | ZAR | 39949289 | 2101249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.25% | 03/31/32 | ZAR | 21617033 | 1090794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 01/31/37 | ZAR | 62931852 | 2932005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.88% | 02/28/35 | ZAR | 46511363 | 2305885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.50% | 12/21/26 | ZAR | 16160000 | 999005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total South Africa** (Cost: $16,478,780) |  |  |  | 14378713 |
|  **Thailand—7.7%** |  |  |  |  |
|  Thailand Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75% | 06/17/24 | THB | 13248000 | 396195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.59% | 12/17/35 | THB | 17565000 | 468897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.60% | 12/17/29 | THB | 51440000 | 1495160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 12/17/31 | THB | 112397000 | 3292681 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13% | 12/17/26 | THB | 47859000 | 1460028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 12/17/28 | THB | 104423000 | 3289415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 06/17/38 | THB | 12905000 | 407762 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% | 06/17/33 | THB | 19885000 | 646443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78% | 06/25/32 | THB | 9857000 | 331901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Thailand** (Cost: $11,379,773) |  |  |  | 11788482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $144,971,506) |  |  |  | 141634112 |
|  |  | **Shares** | **Shares** |  |
|  **MONEY MARKET INVESTMENTS**—**3.8%** |  |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(3)</sup> |  |  | 5742906 | 5742906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $5,742,906) |  |  |  | 5742906 |
|  **Total Investments (96.9%)** (Cost: $150,714,412) |  |  |  | 147377018 |
|  **Excess Of Other Assets Over Liabilities (3.1%)** |  |  |  | 4687673 |
|  **Total Net Assets (100.0%)** |  |  |  | $152064691 |

---

------

---

| |
|:---|
| **TCW Emerging Markets Local Currency Income Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** | **FORWARD CURRENCY CONTRACTS** |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of**<br>**Currency** | **Settlement<br>Date** | **In Exchange for U.S.<br>Dollars** | **Contracts<br>at Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **BUY**  ***<sup>(4)</sup>*** |  |  |  |  |  |  |
|  Bank of America | CNH | 14708328 | 04/13/23 | $2185000 | $2186292 | $1292 |
|  Bank of America | IDR | 14904061873 | 02/17/23 | 982340 | 993946 | 11606 |
|  Bank of America | IDR | 32777189764 | 06/06/23 | 2096800 | 2182175 | 85375 |
|  Bank of America | PLN | 6468774 | 03/06/23 | 1438666 | 1486843 | 48177 |
|  Barclays Capital | CZK | 10768073 | 02/07/23 | 428000 | 491237 | 63237 |
|  Barclays Capital | EUR | 447356 | 04/03/23 | 483268 | 487708 | 4440 |
|  Barclays Capital | IDR | 7905186366 | 02/17/23 | 521760 | 527194 | 5434 |
|  Barclays Capital | IDR | 9317516118 | 06/06/23 | 594570 | 620323 | 25753 |
|  Barclays Capital | MXN | 30562000 | 02/21/23 | 1480000 | 1620206 | 140206 |
|  Barclays Capital | TRY | 27113298 | 03/23/23 | 1376100 | 1404909 | 28809 |
|  BNP Paribas S.A. | ZAR | 6357144 | 03/02/23 | 367334 | 363881 | (3453) |
|  BNP Paribas S.A. | ZAR | 19758814 | 03/23/23 | 1132921 | 1128975 | (3946) |
|  Citibank N.A. | EGP | 24929926 | 02/14/23 | 978412 | 817279 | (161133) |
|  Goldman Sachs & Co. | CZK | 54474928 | 02/07/23 | 2346337 | 2485134 | 138797 |
|  JP Morgan Chase Bank | EGP | 23407583 | 02/15/23 | 913288 | 766694 | (146594) |
|  JP Morgan Chase Bank | HUF | 555571440 | 04/27/23 | 1519201 | 1501139 | (18062) |
|  JP Morgan Chase Bank | IDR | 7689375600 | 06/06/23 | 486300 | 511928 | 25628 |
|  JP Morgan Chase Bank | THB | 49687567 | 02/17/23 | 1504100 | 1507621 | 3521 |
|  JP Morgan Chase Bank | THB | 131672116 | 04/10/23 | 4028453 | 4015941 | (12512) |
|  Morgan Stanley & Co. | PLN | 7193410 | 03/06/23 | 1638291 | 1653401 | 15110 |
|  Standard Chartered Bank | ZAR | 3271497 | 03/02/23 | 187100 | 187259 | 159 |
|  |  |  |  | $26688241 | $26940085 | $251844 |
|  **SELL *<sup>(5)</sup>*** |  |  |  |  |  |  |
|  Bank of America | IDR | 10264017987 | 02/17/23 | $679826 | $684503 | $(4677) |
|  Bank of America | MXN | 30562000 | 02/21/23 | 1470140 | 1620207 | (150067) |
|  Barclays Capital | EUR | 447356 | 04/03/23 | 480200 | 487707 | (7507) |
|  Goldman Sachs & Co. | IDR | 12545230252 | 02/17/23 | 831085 | 836636 | (5551) |
|  JP Morgan Chase Bank | CZK | 20446294 | 02/07/23 | 908141 | 932756 | (24615) |
|  JP Morgan Chase Bank | IDR | 11611628573 | 06/06/23 | 768371 | 773056 | (4685) |
|  JP Morgan Chase Bank | ZAR | 9628641 | 03/02/23 | 553099 | 551140 | 1959 |
|  Standard Chartered Bank | IDR | 38172452909 | 06/06/23 | 2554196 | 2541371 | 12825 |
|  |  |  |  | $8245058 | $8427376 | $(182318) |

---

---

| | |
|:---|:---|
|  **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| BRL | Brazilian Real. |
|  CLP | Chilean Peso. |
|  CNH | Chinese Yuan Renminbi. |
|  CNY | Chinese Yuan. |
|  COP | Colombian Peso. |
|  CZK | Czech Koruna. |
|  EGP | Egyptian Pound. |
|  EUR | Euro Currency. |
|  HUF | Hungarian Forint. |
|  IDR | Indonesian Rupiah. |
|  MXN | Mexican Peso. |
|  MYR | Malaysian Ringgit. |
|  PEN | Peruvian Nuevo Sol. |
|  PLN | Polish Zloty. |
|  RON | Romanian New Leu. |
|  THB | Thai Baht. |
|  TRY | Turkish New Lira. |
|  ZAR | South African Rand. |
| (1) | Security is not accruing interest. |
| (2) | Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At January 31, 2023, the value of these securities amounted to $5,219,316 or 3.4% of net assets. |
| (3) | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (4) | Fund buys foreign currency, sells U.S. Dollar. |
| (5) | Fund sells foreign currency, buys U.S. Dollar. |

---

------

---

| | |
|:---|:---|
| **TCW Emerging Markets Local Currency Income Fund** |  |
| Investments by Sector (Unaudited) | January 31, 2023 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |
|  Banks | 0.8% |
|  Foreign Government Bonds | 92.3 |
|  Money Market Investments | 3.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 96.9% |

---

------

---

| | |
|:---|:---|
| **TCW Emerging Markets Local Currency Income Fund** |  |
| Fair Valuation Summary (Unaudited) | January 31, 2023 |

---

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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; Banks | $— | $1265458 | $— | $1265458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 140368654 |  | 140368654 |
|  Total Fixed Income Securities |  | 141634112 |  | 141634112 |
|  Money Market Investments | 5742906 |  |  | 5742906 |
|  Total Investments | 5742906 | 141634112 |  | 147377018 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 612328 |  | 612328 |
|  Total | $5742906 | $142246440 | $— | $147989346 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk | $— | $(542802) | $— | $(542802) |
|  Total | $— | $(542802) | $— | $(542802) |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—74.5%** |  |  |  |
|  **ASSET-BACKED SECURITIES—18.2%** | **ASSET-BACKED SECURITIES—18.2%** | **ASSET-BACKED SECURITIES—18.2%** | **ASSET-BACKED SECURITIES—18.2%** |
|  Aimco CLO, Ltd. (20-11A-AR)<br>5.92% (3 mo. USD LIBOR + 1.130%)<sup>(1),(2)</sup> | 10/17/34 | $5000 | $4943 |
|  Americredit Automobile Receivables Trust (19-1-D)<br>3.62% | 03/18/25 | 355000 | 350754 |
|  AmeriCredit Automobile Receivables Trust (20-1-C)<br>1.59% | 10/20/25 | 350000 | 338193 |
|  Barings CLO, Ltd. (13-IA-AR)<br>5.61% (3 mo. USD LIBOR + 0.800%)<sup>(1),(2)</sup> | 01/20/28 | 25336 | 25203 |
|  Brazos Higher Education Authority, Inc. (11-1-A2)<br>5.50% (3 mo. USD LIBOR + 0.800%)<sup>(2)</sup> | 02/25/30 | 2975 | 2964 |
|  Carvana Auto Receivables Trust (22-P3-A3)<br>4.61% | 11/10/27 | 240000 | 234001 |
|  CF Hippolyta Issuer LLC (20-1-A1)<br>1.69%<sup>(1)</sup> | 07/15/60 | 180501 | 163651 |
|  CF Hippolyta Issuer LLC (21-1A-A1)<br>1.53%<sup>(1)</sup> | 03/15/61 | 274238 | 242045 |
|  Drive Auto Receivables Trust (21-1-D)<br>1.45% | 01/16/29 | 427000 | 400178 |
|  Drive Auto Receivables Trust (21-2-C)<br>0.87% | 10/15/27 | 300000 | 290167 |
|  Dryden 30 Senior Loan Fund (13-30A-AR)<br>5.43% (3 mo. USD LIBOR + 0.820%)<sup>(1),(2)</sup> | 11/15/28 | 67260 | 66692 |
|  Educational Services of America, Inc. (12-2-A)<br>5.24% (1 mo. USD LIBOR + 0.730%)<sup>(1),(2)</sup> | 04/25/39 | 1946 | 1925 |
|  Exeter Automobile Receivables Trust (21-1A-D)<br>1.08% | 11/16/26 | 340000 | 319745 |
|  Exeter Automobile Receivables Trust (21-4A-C)<br>1.46% | 10/15/27 | 515000 | 488738 |
|  Flagship Credit Auto Trust (19-4-D)<br>3.12%<sup>(1)</sup> | 01/15/26 | 430000 | 414114 |
|  Global SC Finance II SRL (14-1A-A2)<br>3.09%<sup>(1)</sup> | 07/17/29 | 13102 | 12645 |
|  LCM XXI LP (21A-AR) 5.69%<br>(3 mo. USD LIBOR + 0.880%)<sup>(1),(2)</sup> | 04/20/28 | 119691 | 118924 |
|  Magnetite XVI, Ltd. (15-16A-AR)<br>5.59% (3 mo. USD LIBOR + 0.800%)<sup>(1),(2)</sup> | 01/18/28 | 26922 | 26780 |
|  Magnetite XVIII, Ltd. (16-18A-AR2)<br>5.49% (3 mo. USD LIBOR + 0.880%)<sup>(1),(2)</sup> | 11/15/28 | 53062 | 52754 |
|  Navient Private Education Refi Loan Trust (20-BA-A2)<br>2.12%<sup>(1)</sup> | 01/15/69 | 18549 | 16995 |
|  Navient Private Education Refi Loan Trust (21-BA-A)<br>0.94%<sup>(1)</sup> | 07/15/69 | 223357 | 196106 |
|  Navient Private Education Refi Loan Trust (21-CA-A)<br>1.06%<sup>(1)</sup> | 10/15/69 | 108199 | 94983 |
|  Navient Student Loan Trust (16-6A-A2)<br>5.26% (1 mo. USD LIBOR + 0.750%)<sup>(1),(2)</sup> | 03/25/66 | 4764 | 4762 |
|  Nelnet Student Loan Trust (12-5A-A)<br>5.11% (1 mo. USD LIBOR + 0.600%)<sup>(1),(2)</sup> | 10/27/36 | 1816 | 1763 |
|  NYACK Park CLO, Ltd. (21-1A-X)<br>5.46% (3 mo. USD LIBOR + 0.650%)<sup>(1),(2)</sup> | 10/20/34 | 2500 | 2471 |
|  Oak Street Investment Grade Net Lease Fund (20-1A-A1)<br>1.85%<sup>(1)</sup> | 11/20/50 | 125088 | 113014 |
|  Palmer Square Loan Funding, Ltd. (20-1A-A1)<br>5.48% (3 mo. USD LIBOR + 0.800%)<sup>(1),(2)</sup> | 02/20/28 | 75289 | 75028 |
|  Palmer Square Loan Funding, Ltd. (21-2A-A1)<br>5.48% (3 mo. USD LIBOR + 0.800%)<sup>(1),(2)</sup> | 05/20/29 | 94382 | 93457 |
|  PFS Financing Corp. (22-B-A)<br>4.88% (SOFR30A + 0.600%)<sup>(1),(2)</sup> | 02/15/26 | 145000 | 143525 |
|  Progress Residential Trust (19-SFR3-A)<br>2.27%<sup>(1)</sup> | 09/17/36 | 9901 | 9432 |
|  Progress Residential Trust (21-SFR1-C)<br>1.56%<sup>(1)</sup> | 04/17/38 | 252000 | 220701 |
|  ReadyCap Commercial Mortgage Trust (18-4-A)<br>3.39%<sup>(1)</sup> | 02/27/51 | 127235 | 122097 |
|  ReadyCap Commercial Mortgage Trust (19-6-A)<br>2.83%<sup>(1)</sup> | 10/25/52 | 114445 | 106682 |
|  Santander Drive Auto Receivables Trust (19-2-D)<br>3.22% | 07/15/25 | 176787 | 175550 |
|  Santander Drive Auto Receivables Trust (20-4-C)<br>1.01% | 01/15/26 | 216051 | 213699 |
|  Santander Drive Auto Receivables Trust (21-1-D)<br>1.13% | 11/16/26 | 330000 | 314393 |
|  Santander Drive Auto Receivables Trust (21-2-B)<br>0.59% | 09/15/25 | 25454 | 25407 |
|  SLC Student Loan Trust (08-1-A4A)<br>6.37% (3 mo. USD LIBOR + 1.600%)<sup>(2)</sup> | 12/15/32 | 98767 | 99359 |
|  SLM Student Loan Trust (05-7-A4)<br>4.97% (3 mo. USD LIBOR + 0.150%)<sup>(2)</sup> | 10/25/29 | 4113 | 4087 |
|  SLM Student Loan Trust (08-3-A3)<br>5.82% (3 mo. USD LIBOR + 1.000%)<sup>(2)</sup> | 10/25/21 | 6843 | 6614 |
|  SLM Student Loan Trust (08-3-B)<br>6.02% (3 mo. USD LIBOR + 1.200%)<sup>(2)</sup> | 04/26/83 | 10000 | 9293 |
|  SLM Student Loan Trust (13-4-A)<br>5.06% (1 mo. USD LIBOR + 0.550%)<sup>(2)</sup> | 06/25/43 | 6028 | 5811 |
|  SLM Student Loan Trust (13-6-A3)<br>5.16% (1 mo. USD LIBOR + 0.650%)<sup>(2)</sup> | 06/26/28 | 6873 | 6623 |
|  SoFi Professional Loan Program LLC (17-A-A1)<br>5.21% (1 mo. USD LIBOR + 0.700%)<sup>(1),(2)</sup> | 03/26/40 | 10230 | 10168 |
|  SoFi Professional Loan Program LLC (17-F-A2FX)<br>2.84%<sup>(1)</sup> | 01/25/41 | 132464 | 128018 |
|  Sofi Professional Loan Program LLC (19-A-A2FX)<br>3.69%<sup>(1)</sup> | 06/15/48 | 137498 | 132651 |
|  SoFi Professional Loan Program Trust (21-B-AFX)<br>1.14%<sup>(1)</sup> | 02/15/47 | 189133 | 161062 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |
|  Stack Infrastructure Issuer LLC (19-2A-A2)<br>3.08%<sup>(1)</sup> | 10/25/44 | $84000 | $79878 |
|  Stack Infrastructure Issuer LLC (20-1A-A2)<br>1.89%<sup>(1)</sup> | 08/25/45 | 200000 | 182200 |
|  Tricon American Homes Trust (17-SFR2-B)<br>3.28%<sup>(1)</sup> | 01/17/36 | 5000 | 4886 |
|  United States Small Business Administration (09-20G-1)<br>4.30% | 07/01/29 | 40967 | 39557 |
|  United States Small Business Administration (10-20E-1)<br>4.11% | 05/01/30 | 23594 | 22702 |
|  VOYA CLO (17-2A-A1R)<br>5.77% (3 mo. USD LIBOR + 0.980%)<sup>(1),(2)</sup> | 06/07/30 | 304311 | 302074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $6,794,396) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $6,794,396) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-Backed Securities** (Cost: $6,794,396) | 6679464 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**2.2%** |  |  |  |
|  Fannie Mae, Pool #AM1671<br>2.10% | 12/01/27 | 21395 | 20096 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KJ28-A1)<br>1.77% | 02/25/25 | 7903 | 7903 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KF57-A)<br>4.93% (1 mo. USD LIBOR + 0.540%)<sup>(2)</sup> | 12/25/28 | 63522 | 63072 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KF66-A)<br>4.91% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 07/25/29 | 43313 | 43212 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K033-X1) (I/O)<br>0.28%<sup>(3)</sup> | 07/25/23 | 15117855 | 10820 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K726-X1) (I/O)<br>0.90%<sup>(3)</sup> | 04/25/24 | 9254487 | 69937 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KJ30-A1)<br>0.53% | 01/25/25 | 9618 | 9469 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KJ31-A1)<br>0.57% | 05/25/26 | 14649 | 14188 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KJ32-A1)<br>0.52% | 06/25/25 | 16302 | 15473 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KS07-X) (I/O)<br>0.63%<sup>(3)</sup> | 09/25/25 | 480485 | 7142 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (Q004-A2H)<br>3.34%<sup>(3)</sup> | 01/25/46 | 88723 | 88182 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (Q004-AFL)<br>3.53% (12 mo. Monthly Treasury Average Index + 0.740%)<sup>(2)</sup> | 05/25/44 | 72906 | 71598 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (Q008-A)<br>4.78% (1 mo. USD LIBOR + 0.390%)<sup>(2)</sup> | 10/25/45 | 54514 | 54031 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (Q013-APT1)<br>1.50%<sup>(3)</sup> | 05/25/50 | 77049 | 73351 |
|  Ginnie Mae, Pool #776870<br>4.90% | 12/15/52 | 38964 | 38964 |
|  Ginnie Mae, Pool #767414<br>5.55% | 02/15/26 | 10184 | 10145 |
|  Ginnie Mae, Pool #669551<br>5.75% | 10/15/32 | 35603 | 35872 |
|  Ginnie Mae, Pool #625835<br>6.00% | 11/15/34 | 25290 | 25594 |
|  Ginnie Mae, Pool #669522<br>6.00% | 07/15/43 | 26020 | 26276 |
|  Ginnie Mae, Pool #749547<br>6.00% | 04/15/53 | 52731 | 52420 |
|  Ginnie Mae (12-123-IO) (I/O)<br>0.63%<sup>(3)</sup> | 12/16/51 | 87387 | 1370 |
|  Ginnie Mae (13-1-IO) (I/O)<br>0.58%<sup>(3)</sup> | 02/16/54 | 41079 | 465 |
|  Ginnie Mae (14-157-C)<br>3.15%<sup>(3)</sup> | 10/16/54 | 76260 | 74154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $814,578) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $814,578) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $814,578) | 813734 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**6.5%** |  |  |  |
|  AREIT 2019-CRE3 Trust (19-CRE3-A)<br>5.87% (SOFR + 1.384%)<sup>(1),(2)</sup> | 09/14/36 | 14077 | 13883 |
|  BANK (18-BN14-A2)<br>4.13% | 09/15/60 | 1922 | 1880 |
|  BB-UBS Trust (12-SHOW-XA) (I/O)<br>0.60%<sup>(1),(3)</sup> | 11/05/36 | 6396000 | 61208 |
|  BBCMS Trust (18-BXH-A)<br>5.46% (1 mo. USD LIBOR + 1.000%)<sup>(1),(2)</sup> | 10/15/37 | 8346 | 8150 |
|  Benchmark Mortgage Trust (18-B6-A2)<br>4.20% | 10/10/51 | 6520 | 6367 |
|  BX Commercial Mortgage Trust (20-VKNG-A)<br>5.52% (SOFR + 1.044%)<sup>(1),(2)</sup> | 10/15/37 | 178901 | 176203 |
|  BX Commercial Mortgage Trust (21-CIP-A)<br>5.38% (1 mo. USD LIBOR + 0.921%)<sup>(1),(2)</sup> | 12/15/38 | 110000 | 107836 |
|  BX Trust (21-MFM1-A)<br>5.16% (1 mo. USD LIBOR + 0.700%)<sup>(1),(2)</sup> | 01/15/34 | 20000 | 19599 |
|  BXHPP Trust (21-FILM-A)<br>5.11% (1 mo. USD LIBOR + 0.650%)<sup>(1),(2)</sup> | 08/15/36 | 100000 | 95201 |
|  BXMT, Ltd. (20-FL3-A)<br>5.81% (SOFR30A + 1.514%)<sup>(1),(2)</sup> | 11/15/37 | 100000 | 98621 |
|  Citigroup Commercial Mortgage Trust (14-GC21-XA) (I/O)<br>1.12%<sup>(3)</sup> | 05/10/47 | 5043879 | 51422 |
|  Citigroup Commercial Mortgage Trust (15-GC27-XA) (I/O)<br>1.31%<sup>(3)</sup> | 02/10/48 | 1845687 | 35890 |
|  Cold Storage Trust (20-ICE5-A)<br>5.36% (1 mo. USD LIBOR + 0.900%)<sup>(1),(2)</sup> | 11/15/37 | 137619 | 135678 |
|  COMM Mortgage Trust (12-CR4-A3)<br>2.85% | 10/15/45 | 135349 | 127389 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  COMM Mortgage Trust (12-CR4-XA) (I/O)<br>1.23%<sup>(3)</sup> | 10/15/45 | $161743 | $— |
|  COMM Mortgage Trust (13-CR11-XA) (I/O)<br>0.90%<sup>(3)</sup> | 08/10/50 | 523462 | 1278 |
|  COMM Mortgage Trust (14-CR14-A2)<br>3.15% | 02/10/47 | 49645 | 49320 |
|  COMM Mortgage Trust (14-CR17-XA) (I/O)<br>0.95%<sup>(3)</sup> | 05/10/47 | 5237582 | 42277 |
|  COMM Mortgage Trust (15-LC23-A2)<br>3.22% | 10/10/48 | 1350 | 1292 |
|  COMM Mortgage Trust (15-PC1-A4)<br>3.62% | 07/10/50 | 63680 | 61791 |
|  DBGS Mortgage Trust (18-BIOD-A)<br>5.26% (1 mo. USD LIBOR + 0.803%)<sup>(1),(2)</sup> | 05/15/35 | 137064 | 135962 |
|  FS Rialto (19-FL1-A)<br>5.66% (1 mo. USD LIBOR + 1.200%)<sup>(1),(2)</sup> | 12/16/36 | 54116 | 53683 |
|  GS Mortgage Securities Trust (11-GC5-XA) (I/O)<br>0.00% <sup>(1),(3)</sup> | 08/10/44 | 169513 | 2 |
|  GS Mortgage Securities Trust (13-GC13-AAB)<br>3.72%<sup>(3)</sup> | 07/10/46 | 383 | 382 |
|  GS Mortgage Securities Trust (14-GC18-AAB)<br>3.65% | 01/10/47 | 86226 | 85316 |
|  Houston Galleria Mall Trust (15-HGLR-A1A1)<br>3.09%<sup>(1)</sup> | 03/05/37 | 250000 | 233722 |
|  JPMBB Commercial Mortgage Securities Trust (13-C17-XA) (I/O)<br>0.69%<sup>(3)</sup> | 01/15/47 | 111368 | 380 |
|  JPMBB Commercial Mortgage Securities Trust (14-C19-A3)<br>3.67% | 04/15/47 | 1419 | 1396 |
|  JPMBB Commercial Mortgage Securities Trust (14-C21-ASB)<br>3.43% | 08/15/47 | 9294 | 9138 |
|  JPMorgan Chase Commercial Mortgage Securities Trust (13-LC11-XA) (I/O)<br>1.24%<sup>(3)</sup> | 04/15/46 | 4589424 | 20451 |
|  LB-UBS Commercial Mortgage Trust (06-C6-XCL) (I/O)<br>0.43%<sup>(1),(3),(4)</sup> | 09/15/39 | 289760 | 35 |
|  MBRT (19-MBR-A)<br>5.66% (1 mo. USD LIBOR + 1.200%)<sup>(1),(2)</sup> | 11/15/36 | 125000 | 123490 |
|  MF1, Ltd. (20-FL4-A)<br>6.30% (SOFR + 1.814)<sup>(1),(2)</sup> | 11/15/35 | 89792 | 90133 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (13-C10-A3)<br>3.96%<sup>(3)</sup> | 07/15/46 | 18934 | 18834 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (13-C10-A4)<br>4.07%<sup>(3)</sup> | 07/15/46 | 44588 | 44299 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (13-C11-AAB) (TAC)<br>3.85% | 08/15/46 | 15020 | 14959 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (14-C15-XA) (I/O)<br>0.87%<sup>(3)</sup> | 04/15/47 | 761672 | 3249 |
|  Morgan Stanley Capital I Trust (15-MS1-ASB)<br>3.46% | 05/15/48 | 4864 | 4744 |
|  SREIT Trust (21-MFP2-A)<br>5.28% (1 mo. USD LIBOR + 0.822%)<sup>(1),(2)</sup> | 11/15/36 | 100000 | 97964 |
|  STWD Trust (21-FLWR-A)<br>5.04% (1 mo. USD LIBOR + 0.577%)<sup>(1),(2)</sup> | 07/15/36 | 110000 | 107028 |
|  Wells Fargo Commercial Mortgage Trust (17-SMP-A)<br>5.33% (1 mo. USD LIBOR + 0.875%)<sup>(1),(2)</sup> | 12/15/34 | 100000 | 93348 |
|  Wells Fargo Commercial Mortgage Trust (20-C55-A1)<br>1.86% | 02/15/53 | 96004 | 92503 |
|  WFRBS Commercial Mortgage Trust (13-C14-XA) (I/O)<br>0.65%<sup>(3)</sup> | 06/15/46 | 874541 | 79 |
|  WFRBS Commercial Mortgage Trust (14-C20-A4)<br>3.72% | 05/15/47 | 4459 | 4376 |
|  WFRBS Commercial Mortgage Trust (14-C20-XA) (I/O)<br>0.90%<sup>(3)</sup> | 05/15/47 | 952141 | 7760 |
|  WFRBS Commercial Mortgage Trust (14-C21-XA) (I/O)<br>1.00%<sup>(3)</sup> | 08/15/47 | 3572233 | 39634 |
|  **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $2,447,970) |  |  | 2378152 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**4.3%** |  |  |  |
|  Fannie Mae (02-41-F)<br>5.06% (1 mo. USD LIBOR + 0.550%)<sup>(2)</sup> | 07/25/32 | 12655 | 12697 |
|  Fannie Mae (05-90-FC) (PAC)<br>4.76% (1 mo. USD LIBOR + 0.250%)<sup>(2)</sup> | 10/25/35 | 214626 | 213154 |
|  Fannie Mae (05-W3-2AF)<br>4.73% (1 mo. USD LIBOR + 0.220%)<sup>(2)</sup> | 03/25/45 | 5535 | 5478 |
|  Fannie Mae (11-110-FE) (PAC)<br>4.91% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 04/25/41 | 10193 | 10148 |
|  Fannie Mae (11-84-F) (PAC)<br>4.86% (1 mo. USD LIBOR + 0.350%)<sup>(2)</sup> | 01/25/40 | 2426 | 2425 |
|  Fannie Mae (18-94-KD) (PAC)<br>3.50% | 12/25/48 | 46405 | 44353 |
|  Fannie Mae (13-130-BF)<br>4.76% (1 mo. USD LIBOR + 0.250%)<sup>(2)</sup> | 07/25/43 | 101598 | 100531 |
|  Freddie Mac (3016-GF)<br>4.81% (1 mo. USD LIBOR + 0.350%)<sup>(2)</sup> | 08/15/25 | 37703 | 37676 |
|  Freddie Mac (3153-FJ)<br>4.70% (1 mo. USD LIBOR + 0.380%)<sup>(2)</sup> | 05/15/36 | 250344 | 249115 |
|  Freddie Mac (3954-PF) (PAC)<br>4.96% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 07/15/41 | 241907 | 240478 |
|  Freddie Mac (2631-DF)<br>4.86% (1mo. USD LIBOR + 0.400)<sup>(2)</sup> | 06/15/33 | 223005 | 222738 |
|  Freddie Mac (3055-MF)<br>4.86% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup><br>| 10/15/35 | 296602 | 294898 |
|  Freddie Mac (3320-FC)<br>4.63% (1 mo. USD LIBOR + 0.170%)<sup>(2)</sup> | 05/15/37 | 74455 | 74250 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY (Continued)** |  |  |  |  |  |
|  Ginnie Mae (02-72-FB) (PAC)<br>4.89% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 10/20/32 | $| 15813 | $| 15805 |
|  Ginnie Mae (02-72-FC) (PAC)<br>4.89% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 10/20/32 |  | 15427 |  | 15420 |
|  Ginnie Mae II, Pool #MA6081<br>3.50% | 08/20/49 |  | 51275 |  | 47908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency**<br> (Cost: $1,590,978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency**<br> (Cost: $1,590,978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency**<br> (Cost: $1,590,978) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-backed Securities—Agency**<br> (Cost: $1,590,978) |  | 1587074 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.3%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.3%** |
|  Alternative Loan Trust (05-56-4A1)<br>5.13% (1 mo. USD LIBOR + 0.620%)<sup>(2)</sup> | 11/25/35 |  | 21871 |  | 19235 |
|  American Home Mortgage Investment Trust (04-3-4A)<br>3.57% (6 mo. USD LIBOR + 1.500%)<sup>(2)</sup> | 10/25/34 |  | 49346 |  | 48654 |
|  Angel Oak Mortgage Trust (22-2-A1)<br>3.35% <sup>(1), (3)</sup> | 01/25/67 |  | 177184 |  | 167030 |
|  Asset Backed Securities Corp. Home Equity Loan Trust (05-HE6-M4)<br>5.47% (1 mo. USD LIBOR + 0.960%)<sup>(2)</sup> | 07/25/35 |  | 7244 |  | 7214 |
|  Bear Stearns Asset Backed Securities (04-AC1-A2)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 03/25/34 |  | 45124 |  | 44738 |
|  Bear Stearns Asset-Backed Securities Trust (06-HE9-3A)<br>4.65% (1 mo. USD LIBOR + 0.140%)<sup>(2)</sup> | 11/25/36 |  | 108186 |  | 104847 |
|  BNC Mortgage Loan Trust (06-2-A4)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 11/25/36 |  | 38139 |  | 36940 |
|  Centex Home Equity Loan Trust (05-A-M1)<br>5.23% (1 mo. USD LIBOR + 0.720%)<sup>(2)</sup> | 01/25/35 |  | 42539 |  | 42097 |
|  Centex Home Equity Loan Trust (05-B-M3)<br>5.20% (1 mo. USD LIBOR + 0.690%)<sup>(2)</sup> | 03/25/35 |  | 54563 |  | 51588 |
|  Centex Home Equity Loan Trust (05-D-M5)<br>5.47% (1 mo. USD LIBOR + 0.960%)<sup>(2)</sup> | 10/25/35 |  | 300000 |  | 291958 |
|  CHL Mortgage Pass-Through Trust (04-25-1A1)<br>5.17% (1 mo. USD LIBOR + 0.660%)<sup>(2)</sup><br>| 02/25/35 |  | 88922 |  | 82604 |
|  Citigroup Mortgage Loan Trust (04-OPT1-M3)<br>5.45% (1 mo. USD LIBOR + 0.945%)<sup>(2)</sup> | 10/25/34 |  | 74965 |  | 71769 |
|  Citigroup Mortgage Loan Trust, Inc. (06-WFH3-M2)<br>4.96% (1 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 10/25/36 |  | 21713 |  | 21609 |
|  COLT Mortgage Loan Trust (21-2-A1) 0.92% <sup>(1),(3)</sup> | 08/25/66 |  | 541997 |  | 445529 |
|  CWABS Asset-Backed Certificates Trust (04-7-MV4)<br>4.06% (1 mo. USD LIBOR + 1.650%)<sup>(2)</sup> | 12/25/34 |  | 74929 |  | 72934 |
|  DSLA Mortgage Loan Trust (05-AR1-2A1A)<br>4.97% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 02/19/45 |  | 70980 |  | 69411 |
|  Encore Credit Receivables Trust (05-3-M4)<br>5.41% (1 mo. USD LIBOR + 0.900%)<sup>(2)</sup> | 10/25/35 |  | 19028 |  | 18348 |
|  First Franklin Mortgage Loan Asset-Backed Certificates (04-FF5-A3C)<br>5.51% (1 mo. USD LIBOR + 1.000%)<sup>(2)</sup> | 08/25/34 |  | 4311 |  | 4045 |
|  Impac CMB Trust (04-6-1A1)<br>5.31% (1 mo. USD LIBOR + 0.800%)<sup>(2)</sup> | 10/25/34 |  | 55405 |  | 53325 |
|  Impac CMB Trust (05-5-A1)<br>5.15% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 08/25/35 |  | 131531 |  | 118556 |
|  JP Morgan Alternative Loan Trust (07-S1-A1)<br>5.07% (1 mo. USD LIBOR + 0.560%)<sup>(2)</sup> | 04/25/47 |  | 65806 |  | 61473 |
|  JPMorgan Mortgage Acquisition Trust (06-ACC1-M1)<br>4.91% (1 mo. USD LIBOR + 0.405%)<sup>(2)</sup> | 05/25/36 |  | 6369 |  | 6931 |
|  JPMorgan Mortgage Trust (05-A5-TA1)<br>4.16%<sup>(3)</sup> | 08/25/35 |  | 499 |  | 461 |
|  JPMorgan Mortgage Trust (05-A6-7A1)<br>3.96%<sup>(3)</sup> | 08/25/35 |  | 6384 |  | 5299 |
|  MASTR Adjustable Rate Mortgages Trust (04-13-3A1)<br>3.87%<sup>(3)</sup> | 11/21/34 |  | 11309 |  | 10256 |
|  MASTR Adjustable Rate Mortgages Trust (07-1-I2A1)<br>4.83% (1mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 01/25/47 |  | 97290 |  | 95686 |
|  MASTR Seasoned Securitization Trust (05-1-4A1)<br>4.32%<sup>(3)</sup> | 10/25/32 |  | 9279 |  | 8757 |
|  Morgan Stanley ABS Capital I, Inc. (05-HE1-M1)<br>5.18% (1 mo. USD LIBOR + 0.675%)<sup>(2)</sup> | 12/25/34 |  | 32933 |  | 31155 |
|  MortgageIT Trust (05-3-A1)<br>5.11% (1 mo. USD LIBOR + 0.600%)<sup>(2)</sup> | 08/25/35 |  | 2818 |  | 2644 |
|  MortgageIT Trust (05-3-A2)<br>5.21% (1 mo. USD LIBOR + 0.700%)<sup>(2)</sup> | 08/25/35 |  | 14091 |  | 13214 |
|  MortgageIT Trust (05-5-A1)<br>5.03% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 12/25/35 |  | 13596 |  | 12893 |
|  Nationstar Home Equity Loan Trust (07-A-M1)<br>4.78% (1 mo. USD LIBOR + 0.270%)<sup>(2)</sup> | 03/25/37 |  | 415000 |  | 394883 |
|  Nationstar Home Equity Loan Trust (07-B-2AV4)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 04/25/37 |  | 54410 |  | 52925 |
|  Nationstar Home Equity Loan Trust (07-C-1AV1)<br>4.68% (1 mo. USD LIBOR + 0.175%)<sup>(2)</sup> | 06/25/37 |  | 41701 |  | 40763 |
|  Nomura Home Equity Loan, Inc. Home Equity Loan Trust (06-HE1-M1)<br>5.12% (1 mo. USD LIBOR + 0.615%)<sup>(2)</sup> | 02/25/36 |  | 26319 |  | 26266 |
|  Ownit Mortgage Loan Asset-Backed Certificates (06-3-A2D)<br>5.05% (1 mo. USD LIBOR + 0.540%)<sup>(2)</sup> | 03/25/37 |  | 139249 |  | 132433 |
|  Park Place Securities, Inc. (05-WHQ2-M3)<br>5.23% (1 mo. USD LIBOR + 0.720%)<sup>(2)</sup> | 05/25/35 |  | 48521 |  | 47054 |
|  Park Place Securities, Inc. (05-WHQ3-M4)<br>5.45% (1 mo. USD LIBOR + 0.945%)<sup>(2)</sup> | 06/25/35 |  | 53754 |  | 53281 |
|  RASC Trust (05-AHL2-M1)<br>5.14% (1 mo. USD LIBOR + 0.630%)<sup>(2)</sup> | 10/25/35 |  | 13715 |  | 13674 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  Securitized Asset Backed Receivables LLC Trust (06-CB5-A3)<br>4.79% (1 mo. USD LIBOR + 0.280%)<sup>(2)</sup> | 06/25/36 | $69407 | $44634 |
|  Structured Adjustable Rate Mortgage Loan Trust (05-17-3A1)<br>3.97%<sup>(3)</sup> | 08/25/35 | 11285 | 9815 |
|  Structured Asset Investment Loan Trust (05-HE2-M2)<br>5.26% (1 mo. USD LIBOR + 0.750%)<sup>(2)</sup> | 07/25/35 | 122306 | 115872 |
|  Structured Asset Securities Corp. (07-BC1-A4)<br>4.64% (1 mo. USD LIBOR + 0.130%)<sup>(2)</sup> | 02/25/37 | 42249 | 42030 |
|  Towd Point Mortgage Trust (17-1-A1)<br>2.75%<sup>(1),(3)</sup> | 10/25/56 | 17076 | 16723 |
|  WaMu Mortgage Pass-Through Certificates (05-AR13-A1A1)<br>5.09% (1 mo. USD LIBOR + 0.580%)<sup>(2)</sup> | 10/25/45 | 45450 | 42544 |
|  WaMu Mortgage Pass-Through Certificates (05-AR2-2A1B)<br>5.25% (1 mo. USD LIBOR + 0.740%)<sup>(2)</sup> | 01/25/45 | 91788 | 88532 |
|  WaMu Mortgage Pass-Through Certificates (05-AR8-2A1A)<br>5.09% (1 mo. USD LIBOR + 0.580%)<sup>(2)</sup> | 07/25/45 | 204961 | 185142 |
|  WaMu Mortgage Pass-Through Certificates (06-AR1-2A1A)<br>3.50% (12 mo. Monthly Treasury Average Index + 1.070%)<sup>(2)</sup> | 01/25/46 | 49772 | 45876 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust (07-2-A3)<br>4.74% (1 mo. USD LIBOR + 0.230%)<sup>(2)</sup> | 04/25/37 | 40806 | 39664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $3,488,584) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $3,488,584) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $3,488,584) | 3413311 |
|  **CORPORATE BONDS**—**33.9%** |  |  |  |
|  **Aerospace & Defense—0.4%** |  |  |  |
|  BAE Systems Holdings, Inc.<br>3.85%<sup>(1)</sup> | 12/15/25 | 85000 | 82961 |
|  Boeing Co. (The)<br>1.43% | 02/04/24 | 45000 | 43380 |
|  |  |  | 126341 |
|  **Agriculture—0.9%** |  |  |  |
|  BAT Capital Corp.<br>3.56% | 08/15/27 | 220000 | 205266 |
|  Imperial Brands Finance PLC (United Kingdom)<br>3.13%<sup>(1)</sup> | 07/26/24 | 120000 | 115913 |
|  |  |  | 321179 |
|  **Airlines — 0.0%** |  |  |  |
|  US Airways Group, Inc. Pass-Through Certificates (12-1-A) (EETC)<br>5.90% | 04/01/26 | 4751 | 4635 |
|  **Auto Manufacturers — 0.0%** |  |  |  |
|  Mercedes-Benz Finance North America LLC<br>1.75%<sup>(1)</sup> | 03/10/23 | 15000 | 14961 |
|  **Banks — 15.1%** |  |  |  |
|  ABN AMRO Bank NV<br>2.47% (U.S. 1-year Treasury Constant Maturity Rate + 1.100%)<sup>(1),(2)</sup> | 12/13/29 | 75000 | 63601 |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.98% (SOFR + 0.690%)<sup>(2)</sup> | 04/22/25 | 180000 | 170631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.32% (SOFR + 1.150%)<sup>(2)</sup> | 06/19/26 | 135000 | 123722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 540000 | 484126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.37% (3 mo. USD LIBOR + 0.810%)<sup>(2)</sup> | 01/23/26 | 10000 | 9666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38% (U.S. 5 year Treasury Constant Maturity Rate + 2.760%)<sup>(2),(5)</sup> | 01/27/27 | 10000 | 9108 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.01% (SOFR+ 0.694%)<sup>(2)</sup> | 01/25/26 | 50000 | 47040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.07% (SOFR + 1.280%)<sup>(2)</sup> | 02/24/28 | 320000 | 297619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67% (3 mo. USD LIBOR + 1.390%)<sup>(2)</sup> | 07/24/28 | 110000 | 104203 |
|  Credit Suisse Group AG (Switzerland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.31% (SOFR + 0.980%)<sup>(1),(2)</sup> | 02/02/27 | 265000 | 220228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09% (SOFR + 1.730%)<sup>(1),(2)</sup> | 05/14/32 | 260000 | 197816 |
|  Discover Bank<br>4.20% | 08/08/23 | 10000 | 9963 |
|  DNB Bank ASA<br>1.13% (U.S. 1-year Treasury Constant Maturity Rate + 0.850%)<sup>(1),(2)</sup> | 09/16/26 | 150000 | 134007 |
|  Goldman Sachs Group, Inc. (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% (SOFR + 0.798%)<sup>(2)</sup> | 03/09/27 | 5000 | 4478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% (SOFR + 1.248%)<sup>(2)</sup> | 07/21/32 | 5000 | 4098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.64% (SOFR + 1.114%)<sup>(2)</sup> | 02/24/28 | 370000 | 339394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.27% (3 mo. USD LIBOR + 1.201%)<sup>(2)</sup> | 09/29/25 | 60000 | 58173 |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.98% (SOFR + 0.708%)<sup>(2)</sup> | 05/24/25 | 250000 | 235195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.21% (SOFR + 1.285%)<sup>(2)</sup> | 08/17/29 | 75000 | 63632 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80% (SOFR + 1.187%)<sup>(2)</sup> | 05/24/32 | 110000 | 90929 |
|  ING Groep NV<br>3.87% (SOFR + 1.640%)<sup>(2)</sup> | 03/28/26 | 100000 | 97401 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.56% (SOFR + 0.420%)<sup>(2)</sup> | 02/16/25 | 65000 | 61823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.70% (SOFR + 0.580%)<sup>(2)</sup> | 03/16/24 | 50000 | 49708 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95% (SOFR + 1.065%)<sup>(2)</sup> | 02/04/32 | 35000 | 28152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55% (SOFR + 1.180%)<sup>(2)</sup> | 11/08/32 | 25000 | 20772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% (SOFR + 1.170%)<sup>(2)</sup> | 02/24/28 | 605000 | 561216 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Banks (Continued)** |  |  |  |
|  Macquarie Group, Ltd. (Australia) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20% (SOFR + 0.694%)<sup>(1),(2)</sup> | 10/14/25 | $140000 | $129727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.34% (SOFR + 1.069%)<sup>(1),(2)</sup> | 01/12/27 | 100000 | 88916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.87% (SOFR + 1.532%)<sup>(1),(2)</sup> | 01/14/33 | 5000 | 4048 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.73% (SOFR + 0.616%)<sup>(2)</sup> | 04/05/24 | 5000 | 4959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 175000 | 156068 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.48% (SOFR + 1.000%)<sup>(2)</sup> | 01/21/28 | 525000 | 478842 |
|  NatWest Group PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.27% (3 mo. USD LIBOR + 1.762%)<sup>(2)</sup> | 03/22/25 | 135000 | 133215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.52% (3 mo. USD LIBOR + 1.550%)<sup>(2)</sup> | 06/25/24 | 75000 | 74626 |
|  Santander UK Group Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.53% (U.S. 1-year Treasury Constant Maturity Rate + 1.250%)<sup>(2)</sup> | 08/21/26 | 130000 | 116678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80% (3 mo. USD LIBOR +1.570%)<sup>(2)</sup> | 11/15/24 | 45000 | 44472 |
|  UBS Group AG (Switzerland)<br>1.36% (U.S. 1 year Treasury Constant Maturity Rate + 1.080%)<sup>(1),(2)</sup> | 01/30/27 | 150000 | 134392 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.16% (3 mo. USD LIBOR + 0.750%)<sup>(2)</sup> | 02/11/26 | 100000 | 94388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.39% (SOFR + 2.100%)<sup>(2)</sup> | 06/02/28 | 275000 | 249376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53% (SOFR + 1.510%)<sup>(2)</sup> | 03/24/28 | 365000 | 347093 |
|  |  |  | 5543501 |
|  **Beverages—0.1%** |  |  |  |
|  Bacardi, Ltd.<br>4.45%<sup>(1)</sup> | 05/15/25 | 40000 | 39040 |
|  **Biotechnology—0.3%** |  |  |  |
|  Illumina, Inc.<br>5.80% | 12/12/25 | 95000 | 96983 |
|  **Chemicals—0.3%** |  |  |  |
|  International Flavors & Fragrances, Inc.<br>1.23%<sup>(1)</sup> | 10/01/25 | 125000 | 112477 |
|  **Commercial Services—0.2%** |  |  |  |
|  Global Payments, Inc.<br>4.45% | 06/01/28 | 55000 | 53115 |
|  **Diversified Financial Services—2.0%** |  |  |  |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 10/29/26 | 155000 | 139398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15% | 02/15/24 | 50000 | 48778 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | 01/15/26 | 30000 | 28157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 03/01/25 | 95000 | 91098 |
|  Avolon Holdings Funding, Ltd.<br>2.53%<sup>(1)</sup> | 11/18/27 | 25000 | 21592 |
|  Capital One Financial Corp.<br>3.27% (SOFR + 1.790%)<sup>(2)</sup> | 03/01/30 | 40000 | 35612 |
|  Cboe Global Markets, Inc.<br>3.00% | 03/16/32 | 65000 | 56865 |
|  Intercontinental Exchange, Inc.<br>1.85% | 09/15/32 | 15000 | 11813 |
|  ORIX Corp.<br>5.00% | 09/13/27 | 160000 | 163722 |
|  Park Aerospace Holdings, Ltd.<br>4.50%<sup>(1)</sup> | 03/15/23 | 147000 | 146855 |
|  |  |  | 743890 |
|  **Electric—2.2%** |  |  |  |
|  Alliant Energy Finance LLC<br>1.40%<sup>(1)</sup> | 03/15/26 | 225000 | 197804 |
|  American Electric Power<br>2.03% | 03/15/24 | 130000 | 125707 |
|  Eversource Energy<br>2.90% | 03/01/27 | 50000 | 46937 |
|  ITC Holdings Corp.<br>4.95%<sup>(1)</sup> | 09/22/27 | 100000 | 101478 |
|  Jersey Central Power & Light Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%<sup>(1)</sup> | 01/15/26 | 125000 | 121902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70%<sup>(1)</sup> | 04/01/24 | 100000 | 99201 |
|  Nextera Energy Capital Co.<br>2.94% | 03/21/24 | 25000 | 24498 |
|  NextEra Energy Capital Holdings, Inc.<br>1.90% | 06/15/28 | 85000 | 74502 |
|  |  |  | 792029 |
|  **Entertainment—0.6%** |  |  |  |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.76%<sup>(1)</sup> | 03/15/27 | 200000 | 187448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28%<sup>(1)</sup> | 03/15/32 | 10000 | 8902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%<sup>(1)</sup> | 03/15/42 | 45000 | 38459 |
|  |  |  | 234809 |
|  **Food—0.8%** |  |  |  |
|  JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(1)</sup> | 05/15/32 | 95000 | 75760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(1)</sup> | 02/01/28 | 75000 | 73572 |
|  Kraft Heinz Foods Co.<br>5.00% | 07/15/35 | 45000 | 45148 |
|  Smithfield Foods, Inc.<br>4.25%<sup>(1)</sup> | 02/01/27 | 95000 | 88929 |
|  |  |  | 283409 |
|  **Gas—0.5%** |  |  |  |
|  Southern Co. Gas Capital Corp.<br>3.25% | 06/15/26 | 175000 | 166440 |
|  **Health Care-Products—0.3%** |  |  |  |
|  PerkinElmer, Inc.<br>0.85% | 09/15/24 | 125000 | 116986 |
|  **Health Care-Services—1.7%** |  |  |  |
|  Centene Corp.<br>3.00% | 10/15/30 | 28000 | 23982 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Health Care-Services (Continued)** |  |  |  |
|  Fresenius Medical Care US Finance III, Inc.<br>1.88%<sup>(1)</sup> | 12/01/26 | $135000 | $117458 |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%<sup>(1)</sup> | 03/15/27 | 135000 | 125579 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 03/15/24 | 10000 | 9982 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 06/15/26 | 100000 | 100222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 09/01/26 | 75000 | 75745 |
|  Premier Health Partners<br>2.91% | 11/15/26 | 125000 | 111797 |
|  Universal Health Services, Inc.<br>1.65% | 09/01/26 | 85000 | 74936 |
|  |  |  | 639701 |
|  **Insurance—2.0%** |  |  |  |
|  Athene Global Funding |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.51%<sup>(1)</sup> | 03/08/24 | 20000 | 19313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.21%<sup>(1)</sup> | 03/08/27 | 70000 | 63758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90% (SOFR + 0.700%)<sup>(1),(2)</sup> | 05/24/24 | 95000 | 94197 |
|  Metropolitan Life Global Funding I<br>3.45%<sup>(1)</sup> | 12/18/26 | 331000 | 315521 |
|  Nationwide Mutual Insurance Co.<br>7.06% (3 mo. USD LIBOR + 2.290%)<sup>(1), (2)</sup> | 12/15/24 | 70000 | 69834 |
|  Willis North America, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95% | 09/15/29 | 20000 | 17717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60% | 05/15/24 | 40000 | 39173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 06/15/27 | 95000 | 94075 |
|  |  |  | 713588 |
|  **Media—0.7%** |  |  |  |
|  Charter Communications Operating LLC / Charter Communications Operating Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91% | 07/23/25 | 50000 | 49771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.46% (3 mo. USD LIBOR + 1.650%)<sup>(2)</sup> | 02/01/24 | 94000 | 94711 |
|  Cox Communications, Inc.<br>3.15%<sup>(1)</sup> | 08/15/24 | 100000 | 97106 |
|  |  |  | 241588 |
|  **Miscellaneous Manufacturers—0.0%** |  |  |  |
|  General Electric Co.<br>5.09% (3 mo. USD LIBOR + 0.480%)<sup>(2)</sup> | 08/15/36 | 10000 | 8427 |
|  **Packaging & Containers—0.9%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>4.00% | 05/17/25 | 210000 | 205857 |
|  Berry Global, Inc.<br>4.88%<sup>(1)</sup> | 07/15/26 | 130000 | 126785 |
|  |  |  | 332642 |
|  **Pharmaceuticals—0.7%** |  |  |  |
|  Bayer US Finance II LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%<sup>(1)</sup> | 04/15/25 | 50000 | 47261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 12/15/25 | 75000 | 73753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%<sup>(1)</sup> | 12/15/28 | 145000 | 141081 |
|  |  |  | 262095 |
|  **Pipelines—0.9%** |  |  |  |
|  Energy Transfer LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05% | 03/15/25 | 50000 | 49084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95% | 06/15/28 | 135000 | 134346 |
|  Plains All American Pipeline LP / PAA Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50% | 12/15/26 | 102000 | 99717 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% | 10/15/25 | 50000 | 49514 |
|  |  |  | 332661 |
|  **REIT—1.2%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 10000 | 8165 |
|  CubeSmart LP<br>2.25% | 12/15/28 | 10000 | 8601 |
|  GLP Capital LP / GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 01/15/32 | 26000 | 21685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 06/01/25 | 60000 | 59855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 11/01/23 | 60000 | 60059 |
|  Hudson Pacific Properties LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | 11/01/27 | 30000 | 26368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 02/15/28 | 25000 | 24292 |
|  Ventas Realty LP<br>2.65% | 01/15/25 | 5000 | 4777 |
|  VICI Properties LP / VICI Note Co., Inc.<br>5.75%<sup>(1)</sup> | 02/01/27 | 150000 | 149399 |
|  Weyerhaeuser Co.<br>3.38% | 03/09/33 | 90000 | 79199 |
|  |  |  | 442400 |
|  **Retail—0.1%** |  |  |  |
|  Alimentation Couche-Tard, Inc.<br>3.55%<sup>(1)</sup> | 07/26/27 | 55000 | 51848 |
|  **Savings & Loans—0.6%** |  |  |  |
|  Nationwide Building Society (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77% (3 mo. USD LIBOR + 1.064%)<sup>(1),(2)</sup> | 03/08/24 | 215000 | 214478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.36% (3 mo. USD LIBOR + 1.392%)<sup>(1),(2)</sup> | 08/01/24 | 5000 | 4956 |
|  TIAA FSB Holdings, Inc.<br>5.75% | 07/02/25 | 10000 | 9810 |
|  |  |  | 229244 |
|  **Software—0.4%** |  |  |  |
|  Oracle Corp.<br>2.80% | 04/01/27 | 170000 | 157510 |
|  **Telecommunications—1.0%** |  |  |  |
|  Level 3 Financing, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%<sup>(1)</sup> | 03/01/27 | 40000 | 34688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(1)</sup> | 11/15/29 | 45000 | 36550 |
|  Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC<br>5.15%<sup>(1)</sup> | 09/20/29 | 65000 | 64916 |
|  T-Mobile USA, Inc.<br>3.75% | 04/15/27 | 250000 | 240607 |
|  |  |  | 376761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $12,858,231) |  |  | 12438260 |
|  **MUNICIPAL BONDS**—**0.1%** |  |  |  |
|  City of Baltimore MD, General Obligation Unlimited<br>5.00% | 10/15/25 | 5000 | 5060 |
|  Massachusetts School Building Authority<br>2.50% | 02/15/37 | 20000 | 15075 |
|  New York State Urban Development Corp, Revenue Bond<br>2.54% | 03/15/34 | 15000 | 12266 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **MUNICIPAL BONDS (Continued)** |  |  |  |
|  Regents of the University of California Medical Center Pooled Revenue<br>3.26% | 05/15/60 | 5000 | $3620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $44,105) |  |  | 36021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $28,038,842) |  |  | 27346016 |
|  **MONEY MARKET INVESTMENTS—6.8%** |  |  |  |
|  |  | **Shares** |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,<br>4.18%<sup>(6)</sup> |  | 2491350 | 2491350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $2,491,350) |  |  | 2491350 |
|  |  | **Principal<br>Amount** |  |
|  **SHORT TERM INVESTMENTS**—**6.9%** |  |  |  |
|  **U.S. Treasury Securities—6.9%** |  |  |  |
|  U.S. Treasury Bill |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.56%<sup>(7)</sup> | 05/25/23 | $570000 | 561824 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%<sup>(7)</sup> | 07/20/23 | 2000000 | 1957022 |
|  **Total U.S. Treasury Securities** (Cost: $2,518,381) |  |  | 2518846 |
|  **Total Investments (88.2%)** (Cost: $33,048,573) |  |  | 32356212 |
|  **Excess Of Other Assets Over Liabilities (11.8%)** |  |  | 4338105 |
|  **Net Assets (100.0%)** |  |  | $36694317 |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> | **Total Return Swaps**<sup>(8)</sup> |
| **Notional<br> Amount**  | **Expiration**<br>**Date** | **Counterparty** | **Payment Made**<br> **by Fund** | **Payment**<br> **Received by Fund** | **Payment<br>Frequency** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** | **Premium Paid** | **Value** |
|  **OTC Swaps** | **OTC Swaps** | **OTC Swaps** | **OTC Swaps** | **OTC Swaps** | **OTC Swaps** | **OTC Swaps** | **OTC Swaps** | **OTC Swaps** |
| $33537078 | 2/22/23 | Credit Suisse International | 3-Month U.S. Treasury Bills plus 0.2% | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> |  | 37467 |  | 37467 |
| 5916203 | 2/22/23 | Credit Suisse International | 3-Month U.S. Treasury Bills plus 0.2% | Credit Suisse Custom 66 Total Return Index<sup>(9)</sup> |  | 8557 |  | 8557 |
| 2050000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | 5617 |  | 5617 |
| 360000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 66 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | 504 |  | 504 |
| 108000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | (222) |  | (222) |
| 61000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | (564) |  | (564) |
| 25000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | 79 |  | 79 |
| 25000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 66 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | 53 |  | 53 |
| 25000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  | 61 |  | 61 |
| 182000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 24 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  |  |  |  |
| 35000 | 2/22/23 | Credit Suisse International | Credit Suisse Custom 66 Total Return Index<sup>(9)</sup> | 3-Month U.S. Treasury Bills plus 0.2% |  |  |  |  |
|  |  |  |  |  |  | $51552 | $— | $51552 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| CLO | Collateralized Loan Obligation. |
| EETC | Enhanced Equipment Trust Certificate. |
| I/O | Interest Only Security. |
| PAC | Planned Amortization Class. |
| REIT | Real Estate Investment Trust. |
| 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 January 31, 2023, the value of these securities amounted to $9,961,127 or 27.2% 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 January 31, 2023. |
| (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) | Restricted security (Note 3). |
| (5) | Perpetual maturity. |

---

------

---

| |
|:---|
| **TCW Enhanced Commodity Strategy Fund** |
| CONSOLIDATED SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

(6) Rate disclosed is the 7-day net yield as of January 31, 2023.

(7) Rate shown represents yield-to-maturity.

(8) All or a portion of this security is owned by TCW Cayman Enhanced Commodity Fund, Ltd.

(9) Custom Index has exposure to the following commodities as shown on the next nine pages.

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $4983610 | 14.86% | $1002 |
|  WTI Crude Oil | 2686320 | 8.01% | (92875) |
|  Brent Crude Oil | 2528696 | 7.54% | (69403) |
|  Natural Gas | 2146373 | 6.40% | (210089) |
|  Soybeans | 1911613 | 5.70% | 35877 |
|  Corn | 1841185 | 5.49% | 8175 |
|  Copper High Grade | 1824417 | 5.44% | (11214) |
|  Aluminium Primary | 1529291 | 4.56% | 16941 |
|  Silver | 1485692 | 4.43% | (5578) |
|  Soybean Meal | 1116785 | 3.33% | 43179 |
|  Live Cattle | 1113431 | 3.32% | 21150 |
|  Coffee 'C' Arabica | 1056418 | 3.15% | 154220 |
|  Zinc High Grade | 1046357 | 3.12% | (9872) |
|  Soybean Oil | 1043003 | 3.11% | 6813 |
|  Nickel Primary | 972575 | 2.90% | 49330 |
|  SRW Wheat | 932331 | 2.78% | 25623 |
|  Gasoil | 888733 | 2.65% | (39071) |
|  Sugar #11 | 888733 | 2.65% | 87254 |
|  RBOB Gasoline | 855195 | 2.55% | (19354) |
|  Heating Oil | 684156 | 2.04% | (31980) |
|  Lean Hogs | 607021 | 1.81% | 4902 |
|  HRW Wheat | 593606 | 1.77% | 20036 |
|  Cotton | 509764 | 1.52% | (1530) |
|  Lead Standard | 291773 | 0.87% | 6748 |
|  United States Treasury Bill |  |  | 47183 |
|  | $33537078 | 100.00% | $37467 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 24 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $879148 | 14.86% | $224 |
|  WTI Crude Oil | 473888 | 8.01% | (15555) |
|  Brent Crude Oil | 446082 | 7.54% | (12333) |
|  Natural Gas | 378637 | 6.40% | (28994) |
|  Soybeans | 337224 | 5.70% | 5646 |
|  Corn | 324800 | 5.49% | 834 |
|  Copper High Grade | 321841 | 5.44% | (1626) |
|  Aluminium Primary | 269779 | 4.56% | 3612 |
|  Silver | 262088 | 4.43% | (595) |
|  Soybean Meal | 197010 | 3.33% | 5767 |
|  Live Cattle | 196418 | 3.32% | 2425 |
|  Coffee 'C' Arabica | 186360 | 3.15% | 25177 |
|  Zinc High Grade | 184586 | 3.12% | (1752) |
|  Soybean Oil | 183994 | 3.11% | 1786 |
|  Nickel Primary | 171570 | 2.90% | 8474 |
|  SRW Wheat | 164470 | 2.78% | 4199 |
|  Gasoil | 156779 | 2.65% | (6884) |
|  Sugar #11 | 156779 | 2.65% | 14398 |
|  RBOB Gasoline | 150863 | 2.55% | (3614) |
|  Heating Oil | 120690 | 2.04% | (5258) |
|  Lean Hogs | 107083 | 1.81% | 31 |
|  HRW Wheat | 104717 | 1.77% | 3340 |
|  Cotton | 89926 | 1.52% | (276) |
|  Lead Standard | 51471 | 0.87% | 1205 |
|  United States Treasury Bill |  |  | 8326 |
|  | $5916203 | 100.00% | $8557 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 66 Total Return Index* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $304630 | 14.86% | $17 |
|  WTI Crude Oil | 164205 | 8.01% | 5615 |
|  Brent Crude Oil | 154570 | 7.54% | 5056 |
|  Natural Gas | 131200 | 6.40% | 21328 |
|  Soybeans | 116850 | 5.70% | (3419) |
|  Corn | 112545 | 5.49% | (2150) |
|  Copper High Grade | 111520 | 5.44% | 814 |
|  Aluminium Primary | 93480 | 4.56% | (198) |
|  Silver | 90815 | 4.43% | (1090) |
|  Soybean Meal | 68265 | 3.33% | (2890) |
|  Live Cattle | 68060 | 3.32% | (1029) |
|  Coffee 'C' Arabica | 64575 | 3.15% | (8065) |
|  Zinc High Grade | 63960 | 3.12% | 601 |
|  Soybean Oil | 63755 | 3.11% | (344) |
|  Nickel Primary | 59450 | 2.90% | (4285) |
|  SRW Wheat | 56990 | 2.78% | (3144) |
|  Gasoil | 54325 | 2.65% | 4256 |
|  Sugar #11 | 54325 | 2.65% | (5367) |
|  RBOB Gasoline | 52275 | 2.55% | 2137 |
|  Heating Oil | 41820 | 2.04% | 3062 |
|  Lean Hogs | 37105 | 1.81% | (415) |
|  HRW Wheat | 36285 | 1.77% | (2419) |
|  Cotton | 31160 | 1.52% | 339 |
|  Lead Standard | 17835 | 0.87% | (698) |
|  United States Treasury Bill |  |  | (2095) |
|  | $2050000 | 100.00% | $5617 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 24 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $53496 | 14.86% | $6 |
|  WTI Crude Oil | 28836 | 8.01% | 991 |
|  Brent Crude Oil | 27144 | 7.54% | 897 |
|  Natural Gas | 23040 | 6.40% | 2925 |
|  Soybeans | 20520 | 5.70% | (516) |
|  Corn | 19764 | 5.49% | (318) |
|  Copper High Grade | 19584 | 5.44% | 161 |
|  Aluminium Primary | 16416 | 4.56% | (43) |
|  Silver | 15948 | 4.43% | (203) |
|  Soybean Meal | 11988 | 3.33% | (446) |
|  Live Cattle | 11952 | 3.32% | (85) |
|  Coffee 'C' Arabica | 11340 | 3.15% | (1339) |
|  Zinc High Grade | 11232 | 3.12% | 108 |
|  Soybean Oil | 11196 | 3.11% | (96) |
|  Nickel Primary | 10440 | 2.90% | (739) |
|  SRW Wheat | 10008 | 2.78% | (526) |
|  Gasoil | 9540 | 2.65% | 655 |
|  Sugar #11 | 9540 | 2.65% | (860) |
|  RBOB Gasoline | 9180 | 2.55% | 337 |
|  Heating Oil | 7344 | 2.04% | 454 |
|  Lean Hogs | 6516 | 1.81% | (31) |
|  HRW Wheat | 6372 | 1.77% | (400) |
|  Cotton | 5472 | 1.52% | 60 |
|  Lead Standard | 3132 | 0.87% | (120) |
|  United States Treasury Bill |  |  | (368) |
|  | $360000 | 100.00% | $504 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 66 Total Return Index* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $16049 | 14.86% | $57 |
|  WTI Crude Oil | 8651 | 8.01% | 135 |
|  Brent Crude Oil | 8143 | 7.54% | 93 |
|  Natural Gas | 6912 | 6.40% | 755 |
|  Soybeans | 6156 | 5.70% | (187) |
|  Corn | 5929 | 5.49% | (21) |
|  Copper High Grade | 5875 | 5.44% | 32 |
|  Aluminium Primary | 4925 | 4.56% | 16 |
|  Silver | 4784 | 4.43% | (19) |
|  Soybean Meal | 3596 | 3.33% | (162) |
|  Live Cattle | 3586 | 3.32% | (38) |
|  Coffee 'C' Arabica | 3402 | 3.15% | (403) |
|  Zinc High Grade | 3369 | 3.12% | 40 |
|  Soybean Oil | 3359 | 3.11% | (74) |
|  Nickel Primary | 3132 | 2.90% | (158) |
|  SRW Wheat | 3002 | 2.78% | (110) |
|  Gasoil | 2862 | 2.65% | 154 |
|  Sugar #11 | 2862 | 2.65% | (259) |
|  RBOB Gasoline | 2754 | 2.55% | 66 |
|  Heating Oil | 2203 | 2.04% | 86 |
|  Lean Hogs | 1955 | 1.81% | (24) |
|  HRW Wheat | 1912 | 1.77% | (96) |
|  Cotton | 1642 | 1.52% | (3) |
|  Lead Standard | 940 | 0.87% | (5) |
|  United States Treasury Bill |  |  | (97) |
|  | $108000 | 100.00% | $(222) |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 24 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $9065 | 14.86% | $(29) |
|  WTI Crude Oil | 4886 | 8.01% | (63) |
|  Brent Crude Oil | 4599 | 7.54% | (56) |
|  Natural Gas | 3904 | 6.40% | (31) |
|  Soybeans | 3477 | 5.70% | (2) |
|  Corn | 3349 | 5.49% | 19 |
|  Copper High Grade | 3318 | 5.44% | (18) |
|  Aluminium Primary | 2782 | 4.56% | (59) |
|  Silver | 2702 | 4.43% | (12) |
|  Soybean Meal | 2031 | 3.33% | 15 |
|  Live Cattle | 2025 | 3.32% | 4 |
|  Coffee 'C' Arabica | 1921 | 3.15% | (119) |
|  Zinc High Grade | 1903 | 3.12% | 32 |
|  Soybean Oil | 1897 | 3.11% | (29) |
|  Nickel Primary | 1769 | 2.90% | (66) |
|  SRW Wheat | 1696 | 2.78% | (19) |
|  Gasoil | 1617 | 2.65% | (11) |
|  Sugar #11 | 1617 | 2.65% | (43) |
|  RBOB Gasoline | 1556 | 2.55% | (28) |
|  Heating Oil | 1244 | 2.04% | (30) |
|  Lean Hogs | 1104 | 1.81% | 1 |
|  HRW Wheat | 1080 | 1.77% | (5) |
|  Cotton | 927 | 1.52% | (13) |
|  Lead Standard | 531 | 0.87% | 6 |
|  United States Treasury Bill |  |  | (8) |
|  | $61000 | 100.00% | $(564) |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 24 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $3715 | 14.86% | $(27) |
|  WTI Crude Oil | 2002 | 8.01% | (31) |
|  Brent Crude Oil | 1885 | 7.54% | (19) |
|  Natural Gas | 1600 | 6.40% | (100) |
|  Soybeans | 1425 | 5.70% | 32 |
|  Corn | 1372 | 5.49% | 9 |
|  Copper High Grade | 1360 | 5.44% | (6) |
|  Aluminium Primary | 1140 | 4.56% | (7) |
|  Silver | 1107 | 4.43% | (5) |
|  Soybean Meal | 833 | 3.33% | 29 |
|  Live Cattle | 830 | 3.32% | 8 |
|  Coffee 'C' Arabica | 787 | 3.15% | 82 |
|  Zinc High Grade | 780 | 3.12% | (14) |
|  Soybean Oil | 777 | 3.11% | 22 |
|  Nickel Primary | 725 | 2.90% | 27 |
|  SRW Wheat | 695 | 2.78% | 19 |
|  Gasoil | 663 | 2.65% | (18) |
|  Sugar #11 | 663 | 2.65% | 53 |
|  RBOB Gasoline | 637 | 2.55% | (4) |
|  Heating Oil | 510 | 2.04% | (10) |
|  Lean Hogs | 453 | 1.81% | 6 |
|  HRW Wheat | 443 | 1.77% | 17 |
|  Cotton | 380 | 1.52% | (1) |
|  Lead Standard | 218 | 0.87% | (2) |
|  United States Treasury Bill |  |  | 19 |
|  | $25000 | 100.00% | $79 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 24 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $3715 | 14.86% | $2 |
|  WTI Crude Oil | 2002 | 8.01% | 51 |
|  Brent Crude Oil | 1885 | 7.54% | 42 |
|  Natural Gas | 1600 | 6.40% | 45 |
|  Soybeans | 1425 | 5.70% | (13) |
|  Corn | 1372 | 5.49% | 6 |
|  Copper High Grade | 1360 | 5.44% | 13 |
|  Aluminium Primary | 1140 | 4.56% | (2) |
|  Silver | 1107 | 4.43% | 8 |
|  Soybean Meal | 832 | 3.33% | (8) |
|  Live Cattle | 830 | 3.32% | (6) |
|  Coffee 'C' Arabica | 787 | 3.15% | (61) |
|  Zinc High Grade | 780 | 3.12% | 23 |
|  Soybean Oil | 777 | 3.11% | (18) |
|  Nickel Primary | 725 | 2.90% | (20) |
|  SRW Wheat | 695 | 2.78% | (8) |
|  Gasoil | 663 | 2.65% | 21 |
|  Sugar #11 | 663 | 2.65% | (33) |
|  RBOB Gasoline | 638 | 2.55% | 9 |
|  Heating Oil | 510 | 2.04% | 14 |
|  Lean Hogs | 453 | 1.81% | 0 |
|  HRW Wheat | 443 | 1.77% | (7) |
|  Cotton | 380 | 1.52% | 4 |
|  Lead Standard | 218 | 0.87% | 7 |
|  United States Treasury Bill |  |  | (16) |
|  | $25000 | 100.00% | $53 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 66 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Schedule of Investments | January 31, 2023 |

---

**Components of Total Return Swap** 

---

| | | | |
|:---|:---|:---|:---|
| **Description<sup>(1)</sup>** | **Notional**<br>**Amount** | **Weight%** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  Gold | $3715 | 14.86% | $3 |
|  WTI Crude Oil | 2002 | 8.01% | 52 |
|  Brent Crude Oil | 1885 | 7.54% | 42 |
|  Natural Gas | 1600 | 6.40% | 66 |
|  Soybeans | 1425 | 5.70% | (14) |
|  Corn | 1372 | 5.49% | 5 |
|  Copper High Grade | 1360 | 5.44% | 13 |
|  Aluminium Primary | 1140 | 4.56% | (2) |
|  Silver | 1107 | 4.43% | 8 |
|  Soybean Meal | 832 | 3.33% | (11) |
|  Live Cattle | 830 | 3.32% | (13) |
|  Coffee 'C' Arabica | 787 | 3.15% | (62) |
|  Zinc High Grade | 780 | 3.12% | 22 |
|  Soybean Oil | 777 | 3.11% | (19) |
|  Nickel Primary | 725 | 2.90% | (21) |
|  SRW Wheat | 695 | 2.78% | (9) |
|  Gasoil | 663 | 2.65% | 22 |
|  Sugar #11 | 663 | 2.65% | (36) |
|  RBOB Gasoline | 638 | 2.55% | 9 |
|  Heating Oil | 510 | 2.04% | 14 |
|  Lean Hogs | 453 | 1.81% | 3 |
|  HRW Wheat | 443 | 1.77% | (7) |
|  Cotton | 380 | 1.52% | 5 |
|  Lead Standard | 218 | 0.87% | 7 |
|  United States Treasury Bill |  |  | (16) |
|  | $25000 | 100.00% | $61 |

---

*(1)* *Commodity Exposures of the Credit Suisse Custom 24 Total Return Index.* 

------

---

| | |
|:---|:---|
| **TCW Enhanced Commodity Strategy Fund** |  |
| Consolidated Investments by Sector (Unaudited) | January 31, 2023 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of**<br>**Net Assets** |
|  Corporate Bonds | 33.9% |
|  Asset-Backed Securities | 18.2 |
|  Residential Mortgage-Backed Securities—Non-Agency | 9.3 |
|  U.S. Treasury Securities | 6.9 |
|  Money Market Investments | 6.8 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 6.5 |
|  Residential Mortgage-Backed Securities—Agency | 4.3 |
|  Commercial Mortgage-Backed Securities—Agency | 2.2 |
|  Municipal Bonds | 0.1 |
|  Other\* | 11.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0% |

---

*\** *Includes swaps, interest receivable and accrued expenses payable.* 

------

**TCW Enhanced Commodity Strategy Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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; Asset-Backed Securities | $— | $6679464 | $— | $6679464 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 813734 |  | 813734 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 2378152 |  | 2378152 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 1587074 |  | 1587074 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 3413311 |  | 3413311 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 12438260 |  | 12438260 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 36021 |  | 36021 |
|  Total Fixed Income Securities |  | 27346016 |  | 27346016 |
|  Money Market Investments | 2491350 |  |  | 2491350 |
|  Short Term Investments | 2518846 |  |  | 2518846 |
|  Total Investments | $5010196 | $27346016 | $— | $32356212 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commodity Risk |  | 52338 |  | 52338 |
|  Total | $5010196 | $27398354 | $— | $32408550 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Return Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commodity Risk | $— | $(786) | $— | $(786) |
|  Total | $— | $(786) | $— | $(786) |

---

------

**TCW Global Bond Fund** 

SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **FIXED INCOME SECURITIES—104.9% of Net Assets** |  |  |  |
|  **CORPORATE BONDS—27.5%** |  |  |  |
|  **Agriculture—1.6%** |  |  |  |
|  Altria Group, Inc.<br>1.00% | 02/15/23 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | $108538 |
|  BAT Capital Corp.<br>4.54% | 08/15/47 | 25000 | 19085 |
|  BAT International Finance PLC (United Kingdom)<br>2.25%<sup>(1)</sup> | 01/16/30 | 100000 | 90456 |
|  Imperial Brands Finance PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(2)</sup> | 07/26/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | 11544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(1)</sup> | 03/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;50000 | 63386 |
|  |  |  | 293009 |
|  **Airlines—0.5%** |  |  |  |
|  Delta Air Lines, Inc. Pass-Through Certificates (20-1-AA)<br>2.00% | 12/10/29 | 76546 | 66872 |
|  US Airways Group, Inc. Pass-Through Certificates (10-1-A) (EETC)<br>6.25% | 10/22/24 | 6439 | 6429 |
|  US Airways Group, Inc. Pass-Through Certificates (12-1-A) (EETC)<br>5.90% | 04/01/26 | 23755 | 23177 |
|  |  |  | 96478 |
|  **Banks—9.4%** |  |  |  |
|  Bank Leumi Le-Israel BM<br>7.13% (U.S. 5 year Treasury Constant Maturity Rate + 3.466%)<sup>(1),(3)</sup> | 07/18/33 | 200000 | 206000 |
|  Bank of America Corp.<br>2.97% (SOFR + 1.330%)<sup>(3)</sup> | 02/04/33 | 145000 | 123734 |
|  China Development Bank |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09% | 06/18/30 | 1290000 | 191481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.48% | 01/08/29 | 200000 | 30380 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98% (SOFR + 1.422%)<sup>(3)</sup> | 11/05/30 | $25000 | 22008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (SOFR + 1.350%)<sup>(3),</sup> | 01/25/33 | 80000 | 68610 |
|  Credit Suisse Group AG (Switzerland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88% (1 year EUR Swap + 1.950%)<sup>(1),(3)</sup> | 04/02/32 | 100000 | 85223 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09% (SOFR + 1.730%)<sup>(2),(3)</sup> | 05/14/32 | $20000 | 15217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.54% (SOFR + 3.920%)<sup>(2),(3)</sup> | 08/12/33 | 95000 | 90904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.02% (SOFR + 5.020%)<sup>(2),(3)</sup> | 11/15/33 | 10000 | 11256 |
|  Goldman Sachs Group, Inc. (The)<br>2.38% (SOFR + 1.248%)<sup>(3)</sup> | 07/21/32 | 110000 | 90154 |
|  HSBC Holdings PLC (United Kingdom) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% (SONIO/N + 1.307%)<sup>(3)</sup> | 07/24/27 | 100000 | 109530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80% (SOFR + 1.187%)<sup>(3)</sup> | 05/24/32 | $15000 | 12399 |
|  JPMorgan Chase & Co.<br>2.55% (SOFR + 1.180%)<sup>(3)</sup> | 11/08/32 | 155000 | 128790 |
|  Kreditanstalt fuer Wiederaufbau (Germany)<br>0.63% | 01/07/28 | 181000 | 177081 |
|  Lloyds Banking Group PLC (United Kingdom)<br>4.98% (1-year Treasury Constant Maturity Rate + 2.300%)<sup>(3)</sup> | 08/11/33 | 10000 | 9765 |
|  Macquarie Group, Ltd. (Australia)<br>2.87% (SOFR + 1.532%)<sup>(2),(3)</sup> | 01/14/33 | 50000 | 40485 |
|  Morgan Stanley<br>2.24% (SOFR + 1.178%)<sup>(3)</sup> | 07/21/32 | 115000 | 93488 |
|  Santander UK Group Holdings PLC (United Kingdom)<br>4.80% (3 mo. USD LIBOR + 1.570%)<sup>(3)</sup> | 11/15/24 | 90000 | 88944 |
|  Santander UK PLC (United Kingdom)<br>5.00%<sup>(2)</sup> | 11/07/23 | 20000 | 19921 |
|  U.S. Bancorp<br>4.84% (SOFR + 1.600%)<sup>(3)</sup> | 02/01/34 | 15000 | 14967 |
|  Wells Fargo & Co.<br>3.35% (SOFR + 1.500%)<sup>(3)</sup> | 03/02/33 | 130000 | 114759 |
|  |  |  | 1745096 |
|  **Beverages—0.1%** |  |  |  |
|  Bacardi, Ltd.<br>4.45%<sup>(2)</sup> | 05/15/25 | 25000 | 24400 |
|  **Biotechnology—0.1%** |  |  |  |
|  Amgen, Inc.<br>4.88% | 03/01/53 | 10000 | 9515 |
|  **Chemicals—0.6%** |  |  |  |
|  International Flavors & Fragrances, Inc.<br>1.75% | 03/14/24 | 100000 | 106495 |
|  **Computers—0.1%** |  |  |  |
|  NCR Corp.<br>5.13%<sup>(2)</sup> | 04/15/29 | 18000 | 15678 |
|  **Diversified Financial Services—0.9%** |  |  |  |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Ireland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 10/29/26 | 20000 | 17987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | 01/30/32 | 35000 | 29337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/23/28 | 10000 | 9340 |
|  Air Lease Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% | 03/01/25 | 20000 | 19179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.85% | 12/15/27 | 20000 | 20421 |
|  Avolon Holdings Funding, Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.53%<sup>(2)</sup> | 11/18/27 | 24000 | 20729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%<sup>(2)</sup> | 02/15/25 | 30000 | 28134 |
|  Orix Corp.<br>4.00% | 04/13/32 | 25000 | 23271 |
|  |  |  | 168398 |
|  **Electric—1.0%** |  |  |  |
|  Adani Green Energy, Ltd.<br>4.38%<sup>(1)</sup> | 09/08/24 | 200000 | 158120 |
|  FirstEnergy Transmission LLC<br>2.87%<sup>(2)</sup> | 09/15/28 | 38000 | 34080 |
|  |  |  | 192200 |
|  **Engineering & Construction—0.6%** |  |  |  |
|  Artera Services LLC<br>9.03%<sup>(2)</sup> | 12/04/25 | 16000 | 13696 |
|  Heathrow Funding, Ltd.<br>5.23%<sup>(2)</sup> | 02/15/23 | 75000 | 92345 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106041 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Entertainment—0.5%** |  |  |  |
|  Caesars Entertainment, Inc.<br>4.63%<sup>(2)</sup> | 10/15/29 | $6000 | $5131 |
|  WarnerMedia Holdings, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%<sup>(2)</sup> | 03/15/42 | 10000 | 8546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.14%<sup>(2)</sup> | 03/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70681 |
|  |  |  | 84358 |
|  **Environmental Control—0.0%** |  |  |  |
|  GFL Environmental, Inc. (Canada)<br>3.75%<sup>(2)</sup> | 08/01/25 | 7000 | 6661 |
|  **Food—0.5%** |  |  |  |
|  Chobani LLC / Chobani Finance Corp, Inc.<br>4.63%<sup>(2)</sup> | 11/15/28 | 19000 | 17357 |
|  JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.<br>4.38%<sup>(2)</sup> | 02/02/52 | 20000 | 15367 |
|  Pilgrim's Pride Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(2)</sup> | 04/15/31 | 37000 | 32119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(2)</sup> | 09/30/27 | 16000 | 15887 |
|  Post Holdings, Inc.<br>4.63%<sup>(2)</sup> | 04/15/30 | 12000 | 10573 |
|  |  |  | 91303 |
|  **Health Care-Products—0.6%** |  |  |  |
|  American Medical System Europe BV<br>1.63% | 03/08/31 | 100000 | 93251 |
|  DENTSPLY SIRONA, Inc.<br>3.25% | 06/01/30 | 20000 | 17601 |
|  |  |  | 110852 |
|  **Health Care-Services—1.2%** |  |  |  |
|  Centene Corp.<br>4.25% | 12/15/27 | 65000 | 62430 |
|  CommonSpirit Health<br>2.78% | 10/01/30 | 25000 | 21333 |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 09/01/30 | 21000 | 18835 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 06/15/29 | 24000 | 22815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(2)</sup> | 03/15/52 | 5000 | 4226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 06/15/49 | 34000 | 31133 |
|  Molina Healthcare, Inc.<br>3.88%<sup>(2)</sup> | 11/15/30 | 63000 | 54337 |
|  |  |  | 215109 |
|  **Household Products/Wares—0.1%** |  |  |  |
|  Spectrum Brands, Inc.<br>5.50%<sup>(2)</sup> | 07/15/30 | 10000 | 9129 |
|  **Insurance—0.6%** |  |  |  |
|  Acrisure LLC / Acrisure Finance, Inc.<br>4.25%<sup>(2)</sup> | 02/15/29 | 9000 | 7484 |
|  Athene Global Funding<br>1.99%<sup>(2)</sup> | 08/19/28 | 70000 | 58489 |
|  Farmers Exchange Capital II<br>6.15% (3 mo. USD LIBOR + 3.744%)<sup>(2),(3)</sup> | 11/01/53 | 55000 | 54433 |
|  |  |  | 120406 |
|  **Internet—0.4%** |  |  |  |
|  Alibaba Group Holding, Ltd. (China)<br>2.13% | 02/09/31 | 50000 | 41240 |
|  Tencent Holdings, Ltd. (China)<br>3.60%<sup>(2)</sup> | 01/19/28 | 40000 | 37850 |
|  |  |  | 79090 |
|  **Investment Companies—1.0%** |  |  |  |
|  Gaci First Investment Co.<br>5.38%<sup>(1)</sup> | 10/13/22 | 200000 | 192574 |
|  **Media—0.5%** |  |  |  |
|  Charter Communications Operating LLC / Charter Communications Operating Capital<br>5.38% | 05/01/47 | 81000 | 69415 |
|  CSC Holdings LLC<br>6.50%<sup>(2)</sup> | 02/01/29 | 30000 | 25990 |
|  |  |  | 95405 |
|  **Miscellaneous Manufacturers—0.7%** |  |  |  |
|  General Electric Co.<br>5.09% (3 mo. USD LIBOR + 0.480%)<sup>(3)</sup> | 08/15/36 | 150000 | 126400 |
|  **Oil & Gas—0.2%** |  |  |  |
|  Petroleos Mexicanos |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95% | 01/28/31 | 30000 | 24027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.69% | 01/23/50 | 15000 | 11220 |
|  |  |  | 35247 |
|  **Oil & Gas Services—0.1%** |  |  |  |
|  Transocean Phoenix 2, Ltd.<br>7.75%<sup>(2)</sup> | 10/15/24 | 10000 | 10136 |
|  Transocean Poseidon, Ltd.<br>6.88%<sup>(2)</sup> | 02/01/27 | 6125 | 6118 |
|  |  |  | 16254 |
|  **Packaging & Containers—0.7%** |  |  |  |
|  Ball Corp.<br>6.88% | 03/15/28 | 8000 | 8251 |
|  Berry Global, Inc.<br>1.00%<sup>(1)</sup> | 01/15/25 | 100000 | 101860 |
|  Graphic Packaging International LLC<br>4.13% | 08/15/24 | 27000 | 26629 |
|  Trivium Packaging Finance BV<br>8.50%<sup>(2)</sup> | 08/15/27 | 2000 | 1930 |
|  |  |  | 138670 |
|  **Pharmaceuticals—0.6%** |  |  |  |
|  180 Medical, Inc.<br>3.88%<sup>(2)</sup> | 10/15/29 | 19000 | 17005 |
|  Bayer US Finance II LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(2)</sup> | 06/25/38 | 25000 | 23255 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%<sup>(2)</sup> | 06/25/48 | 40000 | 36807 |
|  CVS Health Corp.<br>5.05% | 03/25/48 | 20000 | 19025 |
|  Prestige Brands, Inc.<br>3.75%<sup>(2)</sup> | 04/01/31 | 22000 | 18711 |
|  |  |  | 114803 |
|  **Pipelines—0.5%** |  |  |  |
|  Energy Transfer LP<br>5.15% | 03/15/45 | 100000 | 90152 |
|  **REIT—1.4%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 40000 | 32662 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **REIT (Continued)** |  |  |  |
|  American Homes 4 Rent LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38% | 07/15/51 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | $24304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30% | 04/15/52 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8171 |
|  GLP Capital LP / GLP Financing II, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35% | 09/01/24 | 15000 | 14566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 04/15/26 | 20000 | 20004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 06/01/28 | 5000 | 5098 |
|  Healthcare Realty Holdings LP<br>3.10% | 02/15/30 | 75000 | 65442 |
|  Hudson Pacific Properties LP<br>3.25% | 01/15/30 | 20000 | 15632 |
|  Kilroy Realty LP<br>2.65% | 11/15/33 | 15000 | 10849 |
|  LXP Industrial Trust<br>2.70% | 09/15/30 | 20000 | 16536 |
|  VICI Properties LP / VICI Note Co., Inc.<br>5.75%<sup>(2)</sup> | 02/01/27 | 55000 | 54779 |
|  |  |  | 268043 |
|  **Retail—0.5%** |  |  |  |
|  Alimentation Couche-Tard, Inc.<br>3.06% | 07/26/24 | 95000 | 69371 |
|  Michaels Cos, Inc. (The)<br>5.25%<sup>(2)</sup> | 05/01/28 | 20000 | 16704 |
|  |  |  | 86075 |
|  **Savings & Loans—0.3%** |  |  |  |
|  Nationwide Building Society (United Kingdom)<br>3.77% (3 mo. USD LIBOR + 1.064%)<sup>(2),(3)</sup> | 03/08/24 | 65000 | 64842 |
|  **Software—0.2%** |  |  |  |
|  Open Text Corp.<br>6.90%<sup>(2)</sup> | 12/01/27 | 5000 | 5138 |
|  Oracle Corp.<br>3.95% | 03/25/51 | 44000 | 34272 |
|  |  |  | 39410 |
|  **Telecommunications—2.0%** |  |  |  |
|  Frontier Communications Holdings LLC<br>5.00%<sup>(2)</sup> | 05/01/28 | 11000 | 9992 |
|  Intelsat Jackson Holding S. A. (Escrow) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50%<sup>(2),(4)</sup> | 10/15/24 | 21000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.75%<sup>(2),(4)</sup> | 07/15/25 | 15000 |  |
|  Intelsat Jackson Holdings S. A.<br>6.50%<sup>(2),(5)</sup> | 03/15/30 | 39000 | 35447 |
|  Level 3 Financing, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%<sup>(2)</sup> | 01/15/29 | 15000 | 11179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(2)</sup> | 11/15/29 | 45000 | 36550 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(2)</sup> | 09/15/27 | 3000 | 2547 |
|  Qwest Corp.<br>7.25% | 09/15/25 | 33000 | 33214 |
|  Sprint Corp.<br>7.88% | 09/15/23 | 16000 | 16256 |
|  Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC<br>4.74%<sup>(2)</sup> | 03/20/25 | 118125 | 117212 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 04/15/26 | 55000 | 51435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 04/15/30 | 20000 | 18743 |
|  Vodafone Group PLC (United Kingdom)<br>4.88% | 06/19/49 | 48000 | 43360 |
|  |  |  | 375935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $5,518,047) |  |  | 5118028 |
|  **MUNICIPAL BONDS**—**0.7%** |  |  |  |
|  Alabama Economic Settlement Authority, Revenue Bond<br>4.26% | 09/15/32 | 40000 | 38366 |
|  City of New York NY, General Obligation Unlimited<br>3.00% | 08/01/34 | 55000 | 46575 |
|  County of Miami-Dade FL Aviation Revenue, Revenue Bond<br>2.86% | 10/01/35 | 50000 | 41068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $149,550) |  |  | 126009 |
|  **FOREIGN GOVERNMENT BONDS**—**40.5%** |  |  |  |
|  Australia Government Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | 05/21/32 | &nbsp;&nbsp;&nbsp;&nbsp;184000 | 106368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%<sup>(1)</sup> | 06/21/51 | 104000 | 46101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%<sup>(1)</sup> | 05/21/41 | 189000 | 112615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%<sup>(1)</sup> | 04/21/27 | 251000 | 187357 |
|  Bundesrepublik Deutschland Bundesanleihe |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 11/15/27 | 138000 | 134541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 08/15/52 | 67000 | 38937 |
|  Canadian Government Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | 03/01/27 | 280000 | 195241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 06/01/32 | 149000 | 103372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 12/01/51 | 91000 | 55142 |
|  China Government Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85% | 06/04/27 | 810000 | 120705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13% | 11/21/29 | 2530000 | 382960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.72% | 04/12/51 | 980000 | 156162 |
|  Colombia Government International Bond<br>7.50% | 02/02/34 | $200000 | 198400 |
|  European Union |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 07/04/29 | 150000 | 136306 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.20%<sup>(1)</sup> | 06/04/36 | 223000 | 166851 |
|  French Republic Government Bond OAT |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 02/25/27 | 277000 | 271291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 11/25/29 | 56000 | 51144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 11/25/31 | 163000 | 140431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%<sup>(1)</sup> | 06/25/44 | 55000 | 36349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%<sup>(1)</sup> | 05/25/52 | 85000 | 52462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.75%<sup>(1)</sup> | 05/25/53 | 53000 | 31928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.00%<sup>(1)</sup> | 05/25/27 | 373000 | 379405 |
|  Hungary Government Bond<br>3.00% | 08/21/30 | 2250000 | 4490 |
|  Indonesia Treasury Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38% | 08/15/28 | 409000000 | 27319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% | 05/15/33 | 1520000000 | 100622 |
|  International Bank for Reconstruction & Development<br>1.75%<sup>(1)</sup> | 03/13/25 | 650000 | 63244 |
|  Ireland Government Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.55%<sup>(1)</sup> | 04/22/41 | 76000 | 53957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.30%<sup>(1)</sup> | 05/15/33 | 65000 | 61157 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(1)</sup> | 05/15/50 | 40000 | 31329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(1)</sup> | 02/18/45 | 47000 | 42220 |
|  Israel Government Bond<br>1.30% | 04/30/32 | 116000 | 28577 |
|  Italy Buoni Poliennali Del Tesoro<br>1.10%<sup>(1)</sup> | 04/01/27 | 206000 | 203657 |
|  Japan Government Thirty Year Bond<br>0.40% | 03/20/50 | 51100000 | 292497 |
|  Korea Treasury Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88% | 03/10/51 | 31160000 | 18539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 06/10/31 | 477140000 | 349728 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** |
|  **FOREIGN GOVERNMENT BONDS (Continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 03/10/27 | KRW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63350000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50089 |
|  Malaysia Government Bond<br>4.64% | 11/07/33 | MYR | 376000 | 93527 |
|  Mexico Government Bond (BONOS) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 06/03/27 | MXN | 600000 | 30339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50% | 05/26/33 | MXN | 800000 | 39096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 05/29/31 | MXN | 1700000 | 85424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.50% | 11/18/38 | MXN | 1100000 | 57229 |
|  Netherlands Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00%<sup>(1),(6)</sup> | 01/15/52 | EUR | 78000 | 43799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.50%<sup>(1)</sup> | 07/15/32 | EUR | 305000 | 274688 |
|  New Zealand Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75% | 05/15/41 | NZD | 180000 | 77192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% | 05/15/32 | NZD | 71000 | 38487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(1)</sup> | 04/15/27 | NZD | 580000 | 380266 |
|  Norway Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%<sup>(1)</sup> | 08/19/30 | NOK | 1490000 | 133768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%<sup>(1)</sup> | 02/19/26 | NOK | 2265000 | 217452 |
|  Panama Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 09/29/32 | $| 200000 | 153700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(1)</sup> | 04/17/26 |  | 18000 | 17131 |
|  Portugal Obrigacoes do Tesouro OT |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.15%<sup>(1)</sup> | 04/11/42 | EUR | 71000 | 51462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.65%<sup>(1)</sup> | 07/16/32 | EUR | 76000 | 72415 |
|  Province of Ontario Canada |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85% | 02/01/27 | CAD | 155000 | 109609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.05% | 06/02/30 | CAD | 70000 | 47525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15% | 06/02/31 | CAD | 35000 | 23563 |
|  Romania Government Bond<br>6.70% | 02/25/32 | RON | 90000 | 19053 |
|  Serbia International Bond<br>6.50%<sup>(2)</sup> | 09/26/33 | $| 200000 | 201660 |
|  Singapore Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63% | 07/01/31 | SGD | 75000 | 51349 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 07/01/39 | SGD | 89000 | 62771 |
|  South Africa Government Bond<br>8.88% | 02/28/35 | ZAR | 599000 | 29697 |
|  Spain Government Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.70%<sup>(1)</sup> | 04/30/32 | EUR | 24000 | 20896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.80%<sup>(1)</sup> | 07/30/27 | EUR | 42000 | 41671 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%<sup>(1)</sup> | 07/30/35 | EUR | 98000 | 89374 |
|  Sweden Government Bond<br>0.75%<sup>(1)</sup> | 05/12/28 | SEK | 690000 | 61286 |
|  Thailand Government Bond<br>1.59% | 12/17/35 | THB | 2007000 | 53577 |
|  United Kingdom Gilt |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%<sup>(1)</sup> | 07/31/33 | GBP | 20000 | 19038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%<sup>(1)</sup> | 07/22/27 | GBP | 168000 | 190078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%<sup>(1)</sup> | 10/22/41 | GBP | 70000 | 57268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%<sup>(1)</sup> | 07/31/51 | GBP | 80000 | 56176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%<sup>(1)</sup> | 09/07/37 | GBP | 95000 | 91525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%<sup>(1)</sup> | 06/07/32 | GBP | 80000 | 105710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Government Bonds** (Cost: $8,163,400) |  |  |  | 7529294 |
|  **ASSET-BACKED SECURITIES**—**4.9%** |  |  |  |  |
|  Colombian TES (Treasury) Bond, Series B<br>7.00% | 06/30/32 |  | 105300000 | 16231 |
|  Dryden Senior Loan Fund (19-72A-BR)<br>6.26% (3 mo. USD LIBOR + 1.650%)<sup>(2),(3)</sup> | 05/15/32 |  | 185000 | 180509 |
|  OCP CLO 2020-19, Ltd. (20-19A-AR)<br>5.96% (3 mo. USD LIBOR + 1.150%)<sup>(2),(3)</sup> | 10/20/34 |  | 100000 | 98460 |
|  Rockford Tower CLO, Ltd. (21-1A-B)<br>6.46% (3 mo. USD LIBOR + 1.650%)<sup>(2),(3)</sup> | 07/20/34 |  | 180000 | 173508 |
|  Sixth Street CLO XVII, Ltd. (21-17A-A)<br>6.05% (3 mo. USD LIBOR + 1.240%)<sup>(2),(3)</sup> | 01/20/34 |  | 150000 | 149092 |
|  SLM Student Loan Trust (08-5-B)<br>6.67% (3 mo. USD LIBOR + 1.850%)<sup>(3)</sup> | 07/25/73 |  | 50000 | 47823 |
|  SLM Student Loan Trust (08-8-B)<br>7.07% (3 mo. USD LIBOR + 2.250%)<sup>(3)</sup> | 10/25/75 |  | 57000 | 54904 |
|  SLM Student Loan Trust (08-9-B)<br>7.07% (3 mo. USD LIBOR + 2.250%)<sup>(3)</sup> | 10/25/83 |  | 57000 | 54370 |
|  Student Loan Consolidation Center (02-2-B2)<br>0.00% (28-Day Auction Rate)<sup>(2),(3)</sup> | 07/01/42 |  | 50000 | 46194 |
|  Textainer Marine Containers VII, Ltd. (21-2A-A)<br>2.23%<sup>(2)</sup> | 04/20/46 |  | 98900 | 87123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $923,670) |  |  |  | 908214 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**0.1%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**0.1%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**0.1%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**0.1%** |  |
|  Fannie Mae (16-M2-X3) (I/O)<br>2.09%<sup>(7)</sup> | 04/25/36 |  | 161053 | 1418 |
|  Fannie Mae (16-M4-X2) (I/O)<br>2.67%<sup>(7)</sup> | 01/25/39 |  | 459875 | 7051 |
|  Ginnie Mae (11-147-IO) (I/O)<br>0.00%<sup>(7)</sup> | 10/16/44 |  | 140769 | 1 |
|  Ginnie Mae (12-144-IO) (I/O)<br>0.32%<sup>(7)</sup> | 01/16/53 |  | 1578204 | 13703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $55,083) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $55,083) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $55,083) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $55,083) | 22173 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY** —**0.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY** —**0.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY** —**0.9%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY** —**0.9%** |  |
|  COMM Mortgage Trust (13-CR7-XA) (I/O)<br>1.11%<sup>(7)</sup> | 03/10/46 |  | 332771 | 3 |
|  COMM Mortgage Trust (12-CR4-XA) (I/O)<br>1.23%<sup>(7)</sup> | 10/15/45 |  | 192251 | 1 |
|  GS Mortgage Securities Trust (10-C1-X) (I/O)<br>0.46%<sup>(2),(7)</sup> | 08/10/43 |  | 976201 | 1278 |
|  GS Mortgage Securities Trust (11-GC3-X) (I/O)<br>0.00%<sup>(2),(7)</sup> | 03/10/44 |  | 163572 | 2 |
|  GS Mortgage Securities Trust (13-GC12-XA) (I/O)<br>1.30%<sup>(7)</sup> | 06/10/46 |  | 2697139 | 105 |
|  GS Mortgage Securities Trust (14-GC20-XA) (I/O)<br>1.01%<sup>(7)</sup> | 04/10/47 |  | 994872 | 7443 |
|  JPMorgan Chase Commercial Mortgage Securities Trust (11-C3-XB) (I/O)<br>0.39%<sup>(2),(7)</sup> | 02/15/46 |  | 6172866 | 25797 |
|  JPMorgan Chase Commercial Mortgage Securities Trust (14-C19-XA) (I/O)<br>0.62%<sup>(7)</sup> | 04/15/47 |  | 2282541 | 12273 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (13-C7-XA) (I/O)<br>0.85%<sup>(7)</sup> | 02/15/46 |  | 151740 | 2 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **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)** |  |
|  Taurus CMBS (21-UK4A-B)<br>4.75% (SONIO/N + 1.500%)<sup>(2),(3)</sup> | 08/17/31 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95267 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $131,821) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $131,821) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $131,821) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $131,821) | 159031 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**20.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**20.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**20.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**20.4%** |  |
|  Fannie Mae, Pool #MA4152<br>2.00% | 10/01/40 |  | 70557 | 61480 |
|  Fannie Mae (07-52-LS) (I/O) (I/F)<br>1.54% (-1 mo. USD LIBOR + 6.050%)<sup>(3)</sup> | 06/25/37 |  | 39354 | 2173 |
|  Fannie Mae (08-18-SM) (I/O) (I/F)<br>2.49% (-1 mo. USD LIBOR + 7.000%)<sup>(3)</sup> | 03/25/38 |  | 40786 | 2211 |
|  Fannie Mae (09-115-SB) (I/O) (I/F)<br>1.74% (-1 mo. USD LIBOR + 6.250%)<sup>(3)</sup> | 01/25/40 |  | 23453 | 1990 |
|  Fannie Mae (10-116-SE) (I/O) (I/F)<br>2.09% (-1 mo. USD LIBOR + 6.600%)<sup>(3)</sup> | 10/25/40 |  | 44659 | 4625 |
|  Fannie Mae, Pool #AB3679<br>3.50% | 10/01/41 |  | 45238 | 43706 |
|  Fannie Mae, Pool #AB4045<br>3.50% | 12/01/41 |  | 66112 | 64665 |
|  Fannie Mae, Pool #AT5914<br>3.50% | 06/01/43 |  | 21253 | 20493 |
|  Fannie Mae, Pool #BD7081<br>4.00% | 03/01/47 |  | 16267 | 16028 |
|  Fannie Mae, Pool #BV2994<br>2.50% | 04/01/52 |  | 96159 | 84315 |
|  Fannie Mae, Pool #CA0996<br>3.50% | 01/01/48 |  | 50258 | 48208 |
|  Fannie Mae, Pool #CA2208<br>4.50% | 08/01/48 |  | 1479 | 1483 |
|  Fannie Mae, Pool #CB2610<br>2.00% | 01/01/52 |  | 70467 | 59432 |
|  Fannie Mae, Pool #CB3347<br>2.00% | 01/01/52 |  | 189769 | 160034 |
|  Fannie Mae, Pool #FM2870<br>3.00% | 03/01/50 |  | 128678 | 118775 |
|  Fannie Mae, Pool #MA1527<br>3.00% | 08/01/33 |  | 12154 | 11535 |
|  Fannie Mae, Pool #MA1652<br>3.50% | 11/01/33 |  | 19430 | 19001 |
|  Fannie Mae, Pool #MA2705<br>3.00% | 08/01/46 |  | 60444 | 56192 |
|  Fannie Mae, Pool #MA4204<br>2.00% | 12/01/40 |  | 57835 | 50370 |
|  Fannie Mae, Pool #MA4563<br>2.50% | 03/01/52 |  | 94751 | 83011 |
|  Freddie Mac, Pool #SD0231<br>3.00% | 01/01/50 |  | 96303 | 88892 |
|  Freddie Mac (3439-SC) (I/O) (I/F)<br>1.44% (-1 mo. USD LIBOR + 5.900%)<sup>(3)</sup> | 04/15/38 |  | 38324 | 2466 |
|  Freddie Mac, Pool #G08681<br>3.50% | 12/01/45 |  | 17035 | 16310 |
|  Freddie Mac, Pool #G08698<br>3.50% | 03/01/46 |  | 15906 | 15311 |
|  Freddie Mac, Pool #G08716<br>3.50% | 08/01/46 |  | 16251 | 15547 |
|  Freddie Mac, Pool #G08721<br>3.00% | 09/01/46 |  | 3290 | 3055 |
|  Freddie Mac, Pool #G08722<br>3.50% | 09/01/46 |  | 1673 | 1609 |
|  Freddie Mac, Pool #G08732<br>3.00% | 11/01/46 |  | 4633 | 4295 |
|  Freddie Mac, Pool #G08762<br>4.00% | 05/01/47 |  | 14677 | 14456 |
|  Freddie Mac, Pool #G08833<br>5.00% | 07/01/48 |  | 2190 | 2240 |
|  Freddie Mac, Pool #G18592<br>3.00% | 03/01/31 |  | 2821 | 2740 |
|  Freddie Mac, Pool #ZT1703<br>4.00% | 01/01/49 |  | 39845 | 39404 |
|  Freddie Mac., Pool #SD8189<br>2.50% | 01/01/52 |  | 46481 | 40771 |
|  Ginnie Mae (11-146-EI) (I/O) (PAC)<br>5.00% | 11/16/41 |  | 36156 | 6547 |
|  Ginnie Mae II, Pool #MA3597<br>3.50% | 04/20/46 |  | 10392 | 10021 |
|  Ginnie Mae II, Pool #MA3662<br>3.00% | 05/20/46 |  | 28564 | 26727 |
|  Ginnie Mae II, Pool #MA3663<br>3.50% | 05/20/46 |  | 1504 | 1450 |
|  Ginnie Mae II, Pool #MA3803<br>3.50% | 07/20/46 |  | 6962 | 6709 |
|  Ginnie Mae II, Pool #MA4454<br>5.00% | 05/20/47 |  | 7498 | 7718 |
|  Ginnie Mae II, Pool #MA4900<br>3.50% | 12/20/47 |  | 31764 | 30522 |
|  Ginnie Mae II, Pool #MA5399<br>4.50% | 08/20/48 |  | 13309 | 13391 |
|  Ginnie Mae II TBA, 30-Year |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(8)</sup> | 01/01/52 |  | 75000 | 66971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(8)</sup> | 01/01/52 |  | 75000 | 66947 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(8)</sup> | 08/01/52 |  | 100000 | 99310 |
|  Uniform Mortgage-Backed Securities TBA, 30-Year |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(8)</sup> | 01/01/52 |  | 225000 | 189211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(8)</sup> | 05/01/52 |  | 50000 | 46942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(8)</sup> | 08/01/52 |  | 175000 | 172834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(8)</sup> | 08/01/52 |  | 500000 | 493931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(8)</sup> | 01/01/52 |  | 75000 | 63117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(8)</sup> | 01/01/52 |  | 175000 | 153314 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(8)</sup> | 01/01/52 |  | 25000 | 21916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(8)</sup> | 03/01/52 |  | 325000 | 295585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(8)</sup> | 07/01/52 |  | 75000 | 72407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(8)</sup> | 08/01/52 |  | 775000 | 778209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $3,864,974) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $3,864,974) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $3,864,974) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $3,864,974) | 3780602 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**8.4%** |  |
|  Banc of America Funding Trust (05-C-A3)<br>4.79% (1 mo. USD LIBOR + 0.300%)<sup>(3)</sup> | 05/20/35 |  | 8235 | 8159 |
|  BCMSC Trust (00-A-A4)<br>8.29%<sup>(7)</sup> | 06/15/30 |  | 189525 | 29664 |
|  Bear Stearns ALT-A Trust (04-8-M2)<br>6.23% (1 mo. USD LIBOR + 1.725%)<sup>(3)</sup> | 09/25/34 |  | 102093 | 91367 |
|  Bear Stearns ALT-A Trust (05-8-11A1)<br>5.05% (1 mo. USD LIBOR + 0.540%)<sup>(3)</sup> | 10/25/35 |  | 26040 | 23389 |
|  Deephaven Residential Mortgage Trust (21-3-A1)<br>1.19%<sup>(2),(7)</sup> | 08/25/66 |  | 104883 | 90903 |
|  DSLA Mortgage Loan Trust (04-AR1-A1A)<br>5.31% (1 mo. USD LIBOR + 0.840%)<sup>(3)</sup> | 09/19/44 |  | 61145 | 56876 |
|  First Horizon Mortgage Pass-Through Trust (05-AR4-2A1)<br>3.93%<sup>(7)</sup> | 10/25/35 |  | 15099 | 14209 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  GS Mortgage-Backed Securities Corp Trust (21-PJ5-A1)<br>2.00%<sup>(2),(7)</sup> | 10/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85610 | $69187 |
|  GS Mortgage-Backed Securities Corp. Trust (22-PJ2-A4)<br>2.50%<sup>(2),(7)</sup> | 06/25/52 | 91970 | 76738 |
|  HSI Asset Securitization Corp. (06-WMC1-A3)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(3),</sup> | 07/25/36 | 276726 | 124208 |
|  IndyMac INDX Mortgage Loan Trust (05-AR15-A2)<br>3.26%<sup>(7)</sup> | 09/25/35 | 45492 | 35685 |
|  JP Morgan Mortgage Trust (21-8-A3)<br>2.50%<sup>(2),(7)</sup> | 12/25/51 | 105934 | 88932 |
|  JPMorgan Mortgage Acquisition Trust (06-CH2-AF3)<br>5.46% | 09/25/29 | 175684 | 110122 |
|  JPMorgan Mortgage Trust (05-A6-7A1)<br>3.96%<sup>(7)</sup> | 08/25/35 | 11320 | 9396 |
|  Lehman XS Trust (06-9-A1B)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(3),(4)</sup> | 05/25/46 | 3 |  |
|  Merrill Lynch Alternative Note Asset Trust (07-A1-A2B)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(3)</sup> | 01/25/37 | 282811 | 91195 |
|  Merrill Lynch Alternative Note Asset Trust (07-A3-A2D)<br>5.17% (1 mo. USD LIBOR + 0.660%)<sup>(3),(4)</sup> | 04/25/37 | 1251739 | 54806 |
|  MFA Trust (21-RPL1-A2)<br>2.07%<sup>(2),(7)</sup> | 07/25/60 | 100000 | 79932 |
|  Morgan Stanley ABS Capital I, Inc. Trust (06-HE4-A4)<br>4.99% (1 mo. USD LIBOR + 0.480%)<sup>(3)</sup> | 06/25/36 | 238990 | 127351 |
|  Morgan Stanley Capital, Inc. (07-HE2-A2B)<br>4.60% (1 mo. USD LIBOR + 0.090%)<sup>(3)</sup> | 01/25/37 | 148437 | 74098 |
|  MortgageIT Trust (05-1-1A1)<br>5.15% (1 mo. USD LIBOR + 0.640%)<sup>(3)</sup> | 02/25/35 | 13221 | 12732 |
|  Ownit Mortgage Loan Asset-Backed Certificates (06-3-A2D)<br>5.05% (1 mo. USD LIBOR + 0.540%)<sup>(3)</sup> | 03/25/37 | 62165 | 59122 |
|  RESIMAC Premier Series (21-1A-A1)<br>5.10% (1 mo. USD LIBOR + 0.700%)<sup>(2),(3)</sup> | 07/10/52 | 128958 | 128316 |
|  Structured Adjustable Rate Mortgage Loan Trust (04-18-4A1)<br>4.52% <sup>(7)</sup> | 12/25/34 | 16482 | 15975 |
|  Structured Asset Mortgage Investments II Trust (05-AR6-2A1)<br>5.13% (1 mo. USD LIBOR + 0.620%)<sup>(3)</sup> | 09/25/45 | 23116 | 20438 |
|  Structured Asset Mortgage Investments, Inc. (06-AR3-22A1)<br>3.20%<sup>(7)</sup> | 05/25/36 | 131518 | 72506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $1,929,281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $1,929,281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $1,929,281) | &nbsp;&nbsp;&nbsp;&nbsp;1565306 |
|  **U.S. TREASURY SECURITIES**—**1.5%** | **U.S. TREASURY SECURITIES**—**1.5%** | **U.S. TREASURY SECURITIES**—**1.5%** |  |
|  U.S. Treasury Bond<br>4.00% | 11/15/52 | 82000 | 87721 |
|  U.S. Treasury Note |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 01/31/28 | 41000 | 40822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/31/27 | 35000 | 35406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 01/31/25 | 64000 | 63932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 11/15/32 | 20000 | 21052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 12/31/24 | 28000 | 28002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $275,635) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $275,635) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $275,635) | 276935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $21,011,461) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $21,011,461) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $21,011,461) | 19485592 |
|  |  | <br>**Shares** |  |
|  **INVESTMENT COMPANIES**—**3.1%** | **INVESTMENT COMPANIES**—**3.1%** | **INVESTMENT COMPANIES**—**3.1%** |  |
|  TCW Emerging Markets Income Fund—I Class<sup>(9)</sup> |  | 93240 | 583680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $715,080) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $715,080) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Investment Companies** (Cost: $715,080) | 583680 |
|  **COMMON STOCK**—**0.1%** | **COMMON STOCK**—**0.1%** | **COMMON STOCK**—**0.1%** |  |
|  **TELECOMMUNICATIONS**—**0.1%** | **TELECOMMUNICATIONS**—**0.1%** | **TELECOMMUNICATIONS**—**0.1%** |  |
|  Intelsat S.A.<sup>(4),(10)</sup> |  | 344 | 8113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $32,008) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $32,008) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stock** (Cost: $32,008) | 8113 |
|  **RIGHTS**—**0.0%** | **RIGHTS**—**0.0%** | **RIGHTS**—**0.0%** |  |
|  Intelsat S.A.<sup>(4),(10)</sup> |  | 35 |  |
|  Intelsat S.A.<sup>(4),(10)</sup> |  | 35 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Rights** (Cost: $—) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Rights** (Cost: $—) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Rights** (Cost: $—) |  |
|  **MONEY MARKET INVESTMENTS** —**4.6%** | **MONEY MARKET INVESTMENTS** —**4.6%** | **MONEY MARKET INVESTMENTS** —**4.6%** |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class, 4.18%<sup>(11)</sup> |  | 857921 | 857921 |
|  **Total Money Market Investments** (Cost: $857,921) | **Total Money Market Investments** (Cost: $857,921) | **Total Money Market Investments** (Cost: $857,921) | 857921 |
|  **Total Investments (112.7%)** (Cost: $22,616,470) | **Total Investments (112.7%)** (Cost: $22,616,470) | **Total Investments (112.7%)** (Cost: $22,616,470) | 20935306 |
|  **Liabilities In Excess Of Other Assets (-12.7%)** |  |  | (2352343) |
|  **Net Assets (100.0%)** |  |  | $18582963 |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited)<br>|

---

**FORWARD CURRENCY EXCHANGE CONTRACTS** 

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts**<br>**to Deliver** | **Units of**<br>**Currency** | **Settlement**<br>**Date** | **In Exchange for**<br>**U.S. Dollars** | **Contracts at**<br>**Value** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  **BUY *<sup>(12)</sup>*** |  |  |  |  |  |  |
|  Goldman Sachs & Co. | CHF | 81000 | 04/13/23 | $89097 | $88828 | $(269) |
|  Goldman Sachs & Co. | CLP | 7240000 | 04/13/23 | 8547 | 8965 | 418 |
|  Citibank N.A. | CNH | 217074 | 02/21/23 | 32324 | 32165 | (159) |
|  Goldman Sachs & Co. | CNH | 6189824 | 02/21/23 | 912079 | 917172 | 5093 |
|  State Street Bank & Trust Co. | CNY | 4651244 | 02/21/23 | 715708 | 689252 | (26456) |
|  Goldman Sachs & Co. | EUR | 20202 | 02/02/23 | 21958 | 21940 | (18) |
|  Goldman Sachs & Co. | EUR | 722324 | 04/13/23 | 781402 | 787920 | 6518 |
|  Goldman Sachs & Co. | GBP | 15436 | 02/02/23 | 19024 | 19004 | (20) |
|  Goldman Sachs & Co. | HUF | 12315273 | 04/13/23 | 32509 | 33401 | 892 |
|  Goldman Sachs & Co. | IDR | 270253339 | 04/13/23 | 17360 | 18006 | 646 |
|  State Street Bank & Trust Co. | JPY | 251392000 | 04/13/23 | 1932154 | 1951907 | 19753 |
|  Goldman Sachs & Co. | JPY | 8740000 | 04/13/23 | 67758 | 67861 | 103 |
|  Goldman Sachs & Co. | KRW | 160260384 | 02/21/23 | 130346 | 130193 | (153) |
|  Goldman Sachs & Co. | MYR | 117000 | 04/13/23 | 27905 | 27539 | (366) |
|  Goldman Sachs & Co. | PEN | 168000 | 04/13/23 | 43118 | 43449 | 331 |
|  Citibank N.A. | PLN | 87605 | 04/13/23 | 19896 | 20077 | 181 |
|  Goldman Sachs & Co. | SEK | 158000 | 04/13/23 | 15303 | 15149 | (154) |
|  Goldman Sachs & Co. | SGD | 201470 | 02/21/23 | 145115 | 153345 | 8230 |
|  Citibank N.A. | SGD | 60423 | 02/21/23 | 43655 | 45990 | 2335 |
|  Citibank N.A. | THB | 154268 | 04/17/23 | 4678 | 4708 | 30 |
|  |  |  |  | $**5059936** | $**5076871** | $**16935** |
|  **SELL *<sup>(13)</sup>*** |  |  |  |  |  |  |
|  Citibank N.A. | AUD | 224299 | 04/13/23 | $156147 | $158480 | $(2333) |
|  Goldman Sachs & Co. | BRL | 1558 | 04/13/23 | 289 | 302 | (13) |
|  Citibank N.A. | CAD | 140768 | 04/13/23 | 105420 | 105552 | (132) |
|  Goldman Sachs & Co. | CHF | 40000 | 04/13/23 | 43285 | 43866 | (581) |
|  Goldman Sachs & Co. | CNH | 1825922 | 02/21/23 | 266105 | 270554 | (4449) |
|  Citibank N.A. | CNH | 188372 | 02/21/23 | 25891 | 27912 | (2021) |
|  State Street Bank & Trust Co. | CNY | 4500613 | 02/21/23 | 694097 | 666931 | 27166 |
|  Goldman Sachs & Co. | COP | 4853486 | 04/13/23 | 992 | 1031 | (39) |
|  Citibank N.A. | CZK | 595516 | 04/13/23 | 26527 | 27065 | (538) |
|  Goldman Sachs & Co. | EUR | 20000 | 04/13/23 | 21833 | 21816 | 17 |
|  State Street Bank & Trust Co. | EUR | 26000 | 04/13/23 | 28357 | 28361 | (4) |
|  Citibank N.A. | EUR | 37000 | 04/13/23 | 40335 | 40360 | (25) |
|  Goldman Sachs & Co. | GBP | 255242 | 04/13/23 | 311742 | 314711 | (2969) |
|  Goldman Sachs & Co. | ILS | 13674 | 04/13/23 | 3959 | 3969 | (10) |
|  Goldman Sachs & Co. | KRW | 335442085 | 02/21/23 | 261281 | 272507 | (11226) |
|  Citibank N.A. | KRW | 140547618 | 02/21/23 | 111609 | 114178 | (2569) |
|  Goldman Sachs & Co. | MXN | 2197934 | 04/13/23 | 113801 | 115426 | (1625) |
|  Goldman Sachs & Co. | MYR | 150630 | 04/13/23 | 35089 | 35455 | (366) |
|  Goldman Sachs & Co. | NOK | 3745000 | 04/13/23 | 381140 | 376181 | 4959 |
|  Citibank N.A. | NZD | 780000 | 04/13/23 | 499024 | 504267 | (5243) |
|  Goldman Sachs & Co. | PEN | 132484 | 04/13/23 | 34754 | 34264 | 490 |
|  Goldman Sachs & Co. | RON | 172513 | 04/13/23 | 37443 | 37922 | (479) |
|  Goldman Sachs & Co. | SGD | 287000 | 02/21/23 | 212347 | 218445 | (6098) |
|  State Street Bank & Trust Co. | SGD | 23000 | 02/21/23 | 16710 | 17506 | (796) |
|  Citibank N.A. | ZAR | 560894 | 04/13/23 | 32831 | 31993 | 838 |
|  |  |  |  | $**3461008** | $**3469054** | $**(8046)** |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited)<br>|

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional** | **Market Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 7 | 2-Year Canadian Bond Futures | 03/22/23 | $542304 | $542909 | $605 |
| 10 | 2-Year U.S Treasury Note Futures | 03/31/23 | 2056744 | 2056484 | (260) |
| 4 | 5-Year Canadian Bond Futures | 03/22/23 | 336591 | 339102 | 2511 |
| 1 | Euro-Bobl Future | 03/8/23 | 129469 | 127393 | (2076) |
| 12 | 5-Year U.S Treasury Note Futures | 03/31/23 | 1297169 | 1310906 | 13737 |
| 1 | U.S. Ultra Long Bond Futures | 03/22/23 | 134036 | 141750 | 7714 |
|  |  |  | $**4496313** | $**4518544** | $**22231** |
|  **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** | **Short Futures** |
| 10 | 10-Year U.S. Treasury Note Futures | 03/22/23 | $(1191636) | $(1212031) | $(20395) |
| 1 | Long Gilt Future | 03/29/23 | (130606) | (128662) | 1944 |
|  |  |  | $**(1322242)** | $**(1340693)** | $**(18451)** |

---

**CENTRALLY CLEARED - INTEREST RATE SWAP AGREEMENTS** 

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Notional<br> Amount**  | **Expiration**<br>**Date** | **Payment**<br> **Made by Fund**<br> **Frequency** | **Payment Made<br>by Fund** | **Payment<br>Received by Fund**<br> **Frequency** | **Payment**<br>**Received**<br>**by Fund** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** | **Premium<br>Paid** | **Value** |
| $180000 | 03/15/28 | Annual | 12 Month Euro Short-Term Rate | Annual | 3.00% | $2353 | $635 | $2988 |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
|  ABS | Asset-Backed Securities. |
| CLO | Collateralized Loan Obligation. |
| COP | Colombian Peso. |
| EETC | Enhanced Equipment Trust Certificate. |
| 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. |
| REIT | Real Estate Investment Trust. |
| SOFR | Secured Overnight Financing Rate. |
| TBA | To Be Announced. |
| AUD | Australian Dollar. |
| BRL | Brazilian Real. |
| CAD | Canadian Dollar. |
| CHF | Swiss Franc. |
| CLP | Chilean Peso. |
| CNH | Chinese Yuan Renminbi. |
| CNY | Chinese Yuan. |
| COP | Colombian Peso |
| CZK | Czech Koruna |
| EUR | Euro Currency |
| GBP | British Pound Sterling |
| HUF | Hungarian Forint. |
| IDR | Indonesian Rupiah. |
| ILS | Israeli Shekel. |
| JPY | Japanese Yen. |
| KRW | South Korean Won. |
| MXN | Mexican Peso. |
| MYR | Malaysian Ringgit. |
| NOK | Norwegian Krona. |
| NZD | New Zealand Dollar. |
| PEN | Peruvian Nuevo Sol. |
| PLN | Polish Zloty. |
| RON | Romanian New Leu. |
| SEK | Swedish Krona. |
| SGD | Singapore Dollar. |
| ZAR | South African Rand. |

---

------

---

| |
|:---|
| **TCW Global Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

(1) Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At January 31, 2023, the value of these
securities amounted to $5,062,904 or 27.2% of net assets.

(2) Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At January 31, 2023, the value of these securities
amounted to $2,930,759 or 15.8% 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.

(3) Floating or variable rate security. The interest shown reflects the rate in effect at January 31, 2023.

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

(5) Restricted security (Note 3).

(6) Security is not accruing interest.

(7) 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.

(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) Affiliated issuer.

(10) Non-income producing security.

(11) Rate disclosed is the 7-day net yield as of January 31, 2023.

(12) Fund buys foreign currency, sells U.S. Dollar.

(13) Fund sells foreign currency, buys U.S. Dollar.

------

---

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

---

The summary of the TCW Global Bond Fund transactions in the affiliated fund for the period ended January 31, 2023 is as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name of Affiliated Fund** | **Value at**<br>**October 31,**<br>**2022** | **Purchases at**<br>**Cost** | **Proceeds from**<br>**Sales** | **Number of**<br>**Shares Held**<br>**January 31,**<br>**2023** | **Value at January 31,**<br>**2023** | **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 Emerging Markets Income Fund—I Class | $561009 | $9867 | $45214 | 93240 | $583680 | $7552 | $– $| (16515) | $74533 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total |  |  |  |  | $583680 | $7552 | $– $| (16515) | $74533 |

---

------

---

| | |
|:---|:---|
| **TCW Global Bond Fund** |  |
| Investments by Country (Unaudited) | January 31, 2023 |

---

---

| | |
|:---|:---|
| **Country** | **Percentage of**<br>**Net Assets** |
|  Australia | 3.3% |
|  Bermuda | 0.6 |
|  Canada | 3.3 |
|  Cayman Islands | 4 |
|  China | 4.7 |
|  Colombia | 1.2 |
|  France | 5.2 |
|  Germany | 1.9 |
|  Great Britain | 5.6 |
|  Hungary | 0 |
|  India | 0.9 |
|  Indonesia | 0.7 |
|  Ireland | 1.9 |
|  Israel | 1.3 |
|  Italy | 1.1 |
|  Japan | 1.7 |
|  Jersey | 0.5 |
|  Luxembourg | 0.2 |
|  Malaysia | 0.5 |
|  Mexico | 1.3 |
|  Netherlands | 2.2 |
|  New Zealand | 2.7 |
|  Norway | 1.9 |
|  Panama | 0.9 |
|  Portugal | 0.7 |
|  Romania | 0.1 |
|  Saudi Arabia | 1 |
|  Serbia | 1.1 |
|  Singapore | 0.6 |
|  South Africa | 0.2 |
|  South Korea | 2.3 |
|  Spain | 0.8 |
|  Supranational | 2 |
|  Sweden | 0.3 |
|  Switzerland | 1.1 |
|  Thailand | 0.3 |
|  United States | 54.6 |
|  Total | 112.7% |

---

------

---

| | |
|:---|:---|
| **TCW Global Bond Fund** |  |
| Investments by Sector (Unaudited) | January 31, 2023 |

---

---

| | |
|:---|:---|
| **Sector** | **Percentage of**<br>**Net Assets** |
|  Foreign Government Bonds | 40.5% |
|  Corporate Bonds | 27.5 |
|  Residential Mortgage-Backed Securities—Agency | 20.4 |
|  Residential Mortgage-Backed Securities—Non-Agency | 8.4 |
|  Asset-Backed Securities | 4.9 |
|  Money Market Investments | 4.6 |
|  Investment Companies | 3.1 |
|  U.S. Treasury Securities | 1.5 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 0.9 |
|  Municipal Bonds | 0.7 |
|  Commercial Mortgage-Backed Securities—Agency | 0.1 |
|  Common Stock | 0.1 |
|  Rights | 0.0 |
|  Other\* | (12.7) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

------

---

| | |
|:---|:---|
| **TCW Global Bond Fund** |  |
| Fair Valuation Summary (Unaudited) | January 31, 2023 |

---

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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\* | $— | $5118028 | $— | $5118028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 126009 |  | 126009 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Bonds |  | 7529294 |  | 7529294 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 908214 |  | 908214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 22173 |  | 22173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 159031 |  | 159031 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 3780602 |  | 3780602 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 1510500 | 54806 | 1565306 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 276935 |  |  | 276935 |
|  Total Fixed Income Securities | 276935 | 19153851 | 54806 | 19485592 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 583680 |  |  | 583680 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common Stock |  |  | 8113 | 8113 |
| &nbsp;&nbsp;&nbsp;&nbsp; Rights |  |  |  |  |
|  Money Market Investments | 857921 |  |  | 857921 |
|  Total Investments | $1718536 | $19153851 | $62919 | $20935306 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | 78000 |  | 78000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 26511 |  |  | 26511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk |  | 2988 |  | 2988 |
|  Total | $1745047 | $19234839 | $62919 | $21042805 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk | $— | $(69111) | $— | $(69111) |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | (22731) |  |  | (22731) |
|  Total | $(22731) | $(69111) | $— | $(91842) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| |
|:---|
| **TCW High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES —92.4% of Net Assets** |  |  |  |
|  **BANK LOANS—7.9%** |  |  |  |
|  **Airlines—0.1%** |  |  |  |
|  American Airlines, Inc. 2021 Term Loan<br>9.56% (3 mo. USD LIBOR + 4.750%)<sup>(1)</sup> | 04/20/28 | $70000 | $71990 |
|  **Chemicals—0.5%** |  |  |  |
|  IRIS Holdings, Inc. Term Loan<br>9.53% (3 mo. USD Term SOFR + 4.75%)<sup>(1)</sup> | 06/28/28 | 100748 | 90925 |
|  Zep, Inc. 2017 1st Lien Term Loan<br>8.58% (3 mo. USD LIBOR + 4.000%)<sup>(1)</sup> | 08/12/24 | 257087 | 215953 |
|  |  |  | 306878 |
|  **Commercial Services—0.8%** |  |  |  |
|  Neptune Bidco US, Inc. 2022 USD Term Loan B<br>9.74% (3 mo. USD Term SOFR + 5.000%)<sup>(1)</sup> | 04/11/29 | 157000 | 144047 |
|  Spin Holdco, Inc. 2021 Term Loan<br>8.77% (3 mo. USD LIBOR + 4.000%)<sup>(1)</sup> | 03/04/28 | 417563 | 331912 |
|  |  |  | 475959 |
|  **Computers—0.3%** |  |  |  |
|  TierPoint LLC 2021 Term Loan<br>8.32% (1 mo. USD LIBOR + 3.750%)<sup>(1)</sup> | 05/05/26 | 191602 | 181184 |
|  **Entertainment—0.7%** |  |  |  |
|  Crown Finance US, Inc. 2022 DIP Term Loan<br>14.47% (3 mo. USD Term SOFR + 10.000%)<sup>(1)</sup> | 09/07/23 | 399690 | 404346 |
|  **Health Care-Products—0.0%** |  |  |  |
|  Auris Luxembourg III Sarl 2019 USD Term Loan B2<br>8.68% (3 mo. USD LIBOR + 3.750%)<sup>(1)</sup> | 02/27/26 | 15881 | 14578 |
|  **Health Care-Services—0.6%** |  |  |  |
|  ADMI Corp. 2021 Term Loan B2<br>7.94% (1 mo. USD LIBOR + 3.375%)<sup>(1)</sup> | 12/23/27 | 270188 | 249721 |
|  eResearchTechnology, Inc. 2020 1st Lien Term Loan<br>9.07% (1 mo. USD LIBOR + 4.500%)<sup>(1)</sup> | 02/04/27 | 127387 | 119607 |
|  |  |  | 369328 |
|  **Insurance—0.1%** |  |  |  |
|  Asurion LLC 2021 2nd Lien Term Loan B3<br>9.82% (1 mo. USD LIBOR + 5.250%)<sup>(1)</sup> | 01/31/28 | 100000 | 83925 |
|  **Machinery-Diversified—1.1%** |  |  |  |
|  ASP Blade Holdings, Inc. Initial Term Loan<br>8.73% (3 mo. USD LIBOR + 4.000%)<sup>(1)</sup> | 10/13/28 | 554729 | 454373 |
|  Titan Acquisition Ltd. 2018 Term Loan B<br>8.15% (6 mo. USD LIBOR + 3.000%)<sup>(1)</sup> | 03/28/25 | 196029 | 191434 |
|  |  |  | 645807 |
|  **Media—0.2%** |  |  |  |
|  DirecTV Financing LLC Term Loan<br>9.57% (1 mo. USD LIBOR + 5.000%)<sup>(1)</sup> | 08/02/27 | 148213 | 146090 |
|  **Packaging & Containers—1.4%** |  |  |  |
|  Clydesdale Acquisition Holdings, Inc. Term Loan B<br>8.84% (1 mo. USD Term SOFR + 4.175%)<sup>(1)</sup> | 04/13/29 | 298500 | 293736 |
|  Plaze, Inc. 2020 Incremental Term Loan<br>8.32% (1 mo. USD LIBOR + 3.750%)<sup>(1)</sup> | 08/03/26 | 210173 | 191957 |
|  Proampac PG Borrower LLC 2020 Term Loan<br>8.58% (3 mo. USD LIBOR + 3.750%)<sup>(1)</sup> | 11/03/25 | 374319 | 367020 |
|  |  |  | 852713 |
|  **Pharmaceuticals—0.4%** |  |  |  |
|  Elanco Animal Health, Inc. Term Loan B<br>6.12% (1 mo. USD LIBOR + 1.750%)<sup>(1)</sup> | 08/01/27 | 260534 | 256822 |
|  **Retail—0.2%** |  |  |  |
|  1011778 B.C. Unlimited Liability Co. Term Loan B4<br>6.32% (1 mo. USD LIBOR + 1.750%)<sup>(1)</sup> | 11/19/26 | 78210 | 77505 |
|  Staples, Inc. Term Loan B2<br>8.94% (3 mo. USD LIBOR + 4.500%)<sup>(1)</sup> | 09/12/24 | 44768 | 44687 |
|  |  |  | 122192 |
|  **Software—0.9%** |  |  |  |
|  CDK Global, Inc. 2022 USD Term Loan B<br>9.08% (3 mo. USD Term SOFR + 4.500%)<sup>(1)</sup> | 07/06/29 | 175000 | 174864 |
|  CT Technologies Intermediate Holdings, Inc. 2021 Term Loan B<br>8.82% (1 mo. USD LIBOR + 4.250%)<sup>(1)</sup> | 12/16/25 | 142463 | 136835 |
|  Open Text Corp. 2022 Term Loan B<br>0.00% <sup>(2)</sup> | 11/16/29 | 213500 | 213500 |
|  |  |  | 525199 |
|  **Telecommunications—0.6%** |  |  |  |
|  Level 3 Financing, Inc. 2019 Term Loan B<br>6.32% (1 mo. USD LIBOR + 1.750%)<sup>(1)</sup> | 03/01/27 | 107180 | 105547 |
|  SBA Senior Finance II LLC 2018 Term Loan B<br>6.32% (1 mo. USD LIBOR + 1.750%)<sup>(1)</sup> | 04/11/25 | 260074 | 260000 |
|  |  |  | 365547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Bank Loans** (Cost: $5,058,324) |  |  | 4822558 |
|  **CORPORATE BONDS**—**84.5%** |  |  |  |
|  **Aerospace/Defense—0.7%** |  |  |  |
|  TransDigm, Inc.<br>6.25% <sup>(3)</sup> | 03/15/26 | 418000 | 419045 |
|  **Agriculture—0.6%** |  |  |  |
|  BAT Capital Corp.<br>5.28% | 04/02/50 | 401000 | 337822 |

---

------

---

| |
|:---|
| **TCW High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Airlines—0.4%** |  |  |  |
|  Delta Air Lines, Inc. / SkyMiles IP, Ltd.<br>4.75%<sup>(3)</sup> | 10/20/28 | $222000 | $216426 |
|  **Auto Manufacturers—2.0%** |  |  |  |
|  Allison Transmission, Inc.<br>3.75%<sup>(3)</sup> | 01/30/31 | 200000 | 171200 |
|  Ford Motor Credit Co. LLC<br>3.37% | 11/17/23 | 1100000 | 1075800 |
|  |  |  | 1247000 |
|  **Banks—2.7%** |  |  |  |
|  Bank of America Corp.<br>4.38% (U.S. 5-year Treasury Constant Maturity Rate + 2.760%)<sup>(1),(4)</sup> | 01/27/27 | 225000 | 204939 |
|  Bank of New York Mellon Corp. (The)<br>3.75% (U.S. 5-year Treasury Constant Maturity Rate + 2.630%)<sup>(1),(4)</sup> | 12/20/26 | 285000 | 247932 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.52% (SOFR + 1.177%)<sup>(1)</sup> | 11/03/32 | 11000 | 8977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.56% (SOFR + 1.167%)<sup>(1)</sup> | 05/01/32 | 200000 | 166760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% (SOFR + 1.35%)<sup>(1)</sup> | 01/25/33 | 26000 | 22298 |
|  Credit Suisse Group AG (Switzerland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.54% (SOFR + 3.920%)<sup>(3)</sup> | 08/12/33 | 405000 | 387538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.02% (SOFR + 5.020%)<sup>(1),(3)</sup> | 11/15/33 | 250000 | 281395 |
|  JPMorgan Chase & Co.<br>3.65% (U.S. 5-year Treasury Constant Maturity Rate + 2.850%)<sup>(1),(4)</sup> | 06/01/26 | 95000 | 86806 |
|  US Bancorp<br>3.70% (U.S. 5-year Treasury Constant Maturity Rate + 2.541%)<sup>(1),(4)</sup> | 01/15/27 | 300000 | 262353 |
|  |  |  | 1668998 |
|  **Beverages—0.4%** |  |  |  |
|  Primo Water Holdings, Inc.<br>4.38%<sup>(3)</sup> | 04/30/29 | 300000 | 262131 |
|  **Biotechnology—0.1%** |  |  |  |
|  Grifols Escrow Issuer SA<br>4.75%<sup>(3)</sup> | 10/15/28 | 85000 | 73958 |
|  **Chemicals—2.8%** |  |  |  |
|  ASP Unifrax Holdings, Inc.<br>5.25%<sup>(3)</sup> | 09/30/28 | 412000 | 353290 |
|  Axalta Coating Systems LLC<br>3.38%<sup>(3)</sup> | 02/15/29 | 250000 | 215230 |
|  Cheever Escrow Issuer LLC<br>7.13%<sup>(3)</sup> | 10/01/27 | 200000 | 196228 |
|  Herens Holdco Sarl<br>4.75%<sup>(3)</sup> | 05/15/28 | 400000 | 328652 |
|  SCIH Salt Holdings, Inc.<br>4.88%<sup>(3)</sup> | 05/01/28 | 70000 | 61775 |
|  SCIL IV LLC / SCIL USA Holdings LLC<br>5.38%<sup>(3)</sup> | 11/01/26 | 64000 | 59132 |
|  SK Invictus Intermediate II Sarl<br>5.00%<sup>(3)</sup> | 10/30/29 | 422000 | 346597 |
|  Valvoline, Inc.<br>3.63%<sup>(3)</sup> | 06/15/31 | 150000 | 126411 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1687315 |
|  **Commercial Services—2.8%** |  |  |  |
|  ADT Security Corp. (The)<br>4.13% | 06/15/23 | 175000 | 174270 |
|  Adtalem Global Education, Inc.<br>5.50%<sup>(3)</sup> | 03/01/28 | 198000 | 184764 |
|  Carriage Services, Inc.<br>4.25%<sup>(3)</sup> | 05/15/29 | 277000 | 228165 |
|  Gartner, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(3)</sup> | 10/01/30 | 80000 | 71300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 07/01/28 | 296000 | 281569 |
|  Global Payments, Inc.<br>5.30% | 08/15/29 | 110000 | 110416 |
|  HealthEquity, Inc.<br>4.50%<sup>(3)</sup> | 10/01/29 | 110000 | 98520 |
|  Prime Security Services Borrower LLC / Prime Finance, Inc.<br>3.38%<sup>(3)</sup> | 08/31/27 | 100000 | 89122 |
|  Rent-A-Center, Inc.<br>6.38%<sup>(3)</sup> | 02/15/29 | 500000 | 426250 |
|  WASH Multifamily Acquisition, Inc.<br>5.75%<sup>(3)</sup> | 04/15/26 | 80000 | 74158 |
|  |  |  | 1738534 |
|  **Computers—2.3%** |  |  |  |
|  Booz Allen Hamilton, Inc.<br>3.88%<sup>(3)</sup> | 09/01/28 | 468000 | 423889 |
|  NCR Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(3)</sup> | 04/15/29 | 330000 | 287433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(3)</sup> | 10/01/30 | 476000 | 412152 |
|  Science Applications International Corp.<br>4.88%<sup>(3)</sup> | 04/01/28 | 275000 | 257879 |
|  |  |  | 1381353 |
|  **Diversified Financial Services—1.6%** |  |  |  |
|  American Express Co.<br>3.55% (U.S. 5-year Treasury Constant Maturity Rate + 2.854%)<sup>(1),(4)</sup> | 09/15/26 | 230000 | 204844 |
|  Charles Schwab Corp. (The)<br>5.00% (U.S. 5-year Treasury Constant Maturity Rate + 3.256%)<sup>(1),(4)</sup> | 06/01/27 | 265000 | 256387 |
|  Jane Street Group / JSG Finance, Inc.<br>4.50%<sup>(3)</sup> | 11/15/29 | 540000 | 484839 |
|  |  |  | 946070 |
|  **Electric—1.1%** |  |  |  |
|  FirstEnergy Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65% | 03/01/30 | 395000 | 338001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10% | 07/15/47 | 96000 | 89040 |
|  Pike Corp.<br>5.50%<sup>(3)</sup> | 09/01/28 | 300000 | 265172 |
|  |  |  | 692213 |
|  **Electrical Components & Equipment—0.3%** |  |  |  |
|  Energizer Holdings, Inc.<br>4.38%<sup>(3)</sup> | 03/31/29 | 240000 | 208800 |

---

------

---

| |
|:---|
| **TCW High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Electronics—0.1%** |  |  |  |
|  Coherent Corp.<br>5.00%<sup>(3)</sup> | 12/15/29 | $65000 | $59533 |
|  Coherent Corp.<br>5.00%<sup>(3)</sup> | 12/15/29 | $65000 | $59533 |
|  **Engineering & Construction—0.3%** |  |  |  |
|  Artera Services LLC<br>9.03%<sup>(3)</sup> | 12/04/25 | 195000 | 166922 |
|  Artera Services LLC<br>9.03%<sup>(3)</sup> | 12/04/25 | 195000 | 166922 |
|  **Entertainment—3.5%** |  |  |  |
|  Caesars Resort Collection LLC / CRC Finco, Inc.<br>5.75%<sup>(3)</sup> | 07/01/25 | 600000 | 601056 |
|  Churchill Downs, Inc.<br>4.75%<sup>(3)</sup> | 01/15/28 | 70000 | 65588 |
|  Cinemark USA, Inc.<br>5.25%<sup>(3)</sup> | 07/15/28 | 70000 | 58100 |
|  Everi Holdings, Inc.<br>5.00%<sup>(3)</sup> | 07/15/29 | 225000 | 204187 |
|  Live Nation Entertainment, Inc.<br>4.75%<sup>(3)</sup> | 10/15/27 | 115000 | 106950 |
|  Penn Entertainment, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(3)</sup> | 07/01/29 | 410000 | 341325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%<sup>(3)</sup> | 01/15/27 | 65000 | 61165 |
|  WarnerMedia Holdings, Inc.<br>5.14%<sup>(3)</sup> | 03/15/52 | 850000 | 706809 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;2145180 |
|  **Food—5.7%** |  |  |  |
|  JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%<sup>(3)</sup> | 12/01/31 | 130000 | 110542 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(3)</sup> | 04/01/33 | 1070000 | 1053950 |
|  Nathan's Famous, Inc.<br>6.63%<sup>(3)</sup> | 11/01/25 | 11000 | 10904 |
|  Pilgrim's Pride Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 03/01/32 | 1400000 | 1140846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%<sup>(3)</sup> | 09/30/27 | 170000 | 168798 |
|  Post Holdings, Inc.<br>5.75%<sup>(3)</sup> | 03/01/27 | 300000 | 296250 |
|  Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed<br>4.63%<sup>(3)</sup> | 03/01/29 | 580000 | 492652 |
|  Smithfield Foods, Inc.<br>5.20%<sup>(3)</sup> | 04/01/29 | 217000 | 202927 |
|  |  |  | 3476869 |
|  **Forest Products & Paper—0.5%** |  |  |  |
|  Clearwater Paper Corp.<br>4.75%<sup>(3)</sup> | 08/15/28 | 364000 | 325795 |
|  **Health Care-Products—1.1%** |  |  |  |
|  Hologic, Inc.<br>3.25%<sup>(3)</sup> | 02/15/29 | 55000 | 48464 |
|  Teleflex, Inc.<br>4.25%<sup>(3)</sup> | 06/01/28 | 687000 | 634510 |
|  |  |  | 682974 |
|  **Health Care-Services—12.2%** |  |  |  |
|  Catalent Pharma Solutions, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(3)</sup> | 04/01/30 | 425000 | 351707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(3)</sup> | 07/15/27 | 350000 | 331465 |
|  Centene Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45% | 07/15/28 | 855000 | 741875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 08/01/31 | 250000 | 205390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% | 10/15/30 | 75000 | 64238 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 12/15/27 | 1020000 | 979669 |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 09/01/30 | 440000 | 394641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 04/15/25 | 65000 | 65096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38% | 02/01/25 | 275000 | 276144 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63% | 09/01/28 | 95000 | 96823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88% | 02/01/29 | 615000 | 632221 |
|  IQVIA, Inc.<br>5.00%<sup>(3)</sup> | 05/15/27 | 228000 | 221935 |
|  ModivCare Escrow Issuer, Inc.<br>5.00%<sup>(3)</sup> | 10/01/29 | 175000 | 152521 |
|  ModivCare, Inc.<br>5.88%<sup>(3)</sup> | 11/15/25 | 140000 | 135502 |
|  Molina Healthcare, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(3)</sup> | 11/15/30 | 964000 | 831450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(3)</sup> | 05/15/32 | 465000 | 390512 |
|  Prime Healthcare Services, Inc.<br>7.25%<sup>(3)</sup> | 11/01/25 | 420000 | 373275 |
|  Tenet Healthcare Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63% | 07/15/24 | 300000 | 296261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 01/01/26 | 810000 | 789385 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13% | 10/01/28 | 120000 | 112086 |
|  |  |  | 7442196 |
|  **Household Products/Wares—0.3%** |  |  |  |
|  Central Garden & Pet Co.<br>4.13% | 10/15/30 | 240000 | 204283 |
|  **Housewares—0.8%** |  |  |  |
|  Newell Brands, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88% | 06/01/25 | 349000 | 342020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75% | 04/01/46 | 145000 | 120682 |
|  |  |  | 462702 |
|  **Insurance—0.5%** |  |  |  |
|  Acrisure LLC / Acrisure Finance, Inc.<br>4.25%<sup>(3)</sup> | 02/15/29 | 335000 | 278589 |
|  **Internet—0.6%** |  |  |  |
|  Cogent Communications Group, Inc.<br>7.00%<sup>(3)</sup> | 06/15/27 | 105000 | 104112 |
|  Gen Digital, Inc.<br>6.75%<sup>(3)</sup> | 09/30/27 | 165000 | 167542 |
|  Netflix, Inc.<br>4.63% | 05/15/29 | 100000 | 110858 |
|  |  |  | 382512 |
|  **Iron & Steel—0.4%** |  |  |  |
|  ATI, Inc.<br>5.13% | 10/01/31 | 255000 | 233006 |
|  **Lodging—0.6%** |  |  |  |
|  Hilton Domestic Operating Co., Inc.<br>3.63%<sup>(3)</sup> | 02/15/32 | 200000 | 168213 |
|  Wyndham Hotels & Resorts, Inc.<br>4.38%<sup>(3)</sup> | 08/15/28 | 212000 | 197046 |
|  |  |  | 365259 |
|  **Machinery-Construction & Mining—0.5%** |  |  |  |
|  BWX Technologies, Inc.<br>4.13%<sup>(3)</sup> | 06/30/28 | 330000 | 300006 |
|  **Media—9.0%** |  |  |  |
|  Block Communications, Inc.<br>4.88%<sup>(3)</sup> | 03/01/28 | 355000 | 314175 |
|  Cable One, Inc.<br>4.00%<sup>(3)</sup> | 11/15/30 | 565000 | 468950 |
|  CCO Holdings LLC / CCO Holdings Capital Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(3)</sup> | 03/01/23 | 1600000 | 1600720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 05/01/26 | 200000 | 197512 |

---

------

---

| |
|:---|
| **TCW High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Media (Continued)** |  |  |  |
|  CSC Holdings LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%<sup>(3)</sup> | 02/15/31 | $125000 | $87338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%<sup>(3)</sup> | 02/01/29 | 670000 | 580448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%<sup>(3)</sup> | 04/01/28 | 385000 | 282255 |
|  Diamond Sports Group LLC / Diamond Sports Finance Co.<br>5.38%<sup>(3)</sup> | 08/15/26 | 570000 | 42394 |
|  DISH DBS Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(3)</sup> | 12/01/26 | 550000 | 475062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.38% | 07/01/28 | 607000 | 437119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.75% | 07/01/26 | 30000 | 24375 |
|  DISH Network Corp.<br>11.75%<sup>(3)</sup> | 11/15/27 | 115000 | 119379 |
|  Gray Escrow II, Inc.<br>5.38%<sup>(3)</sup> | 11/15/31 | 400000 | 308120 |
|  Sirius XM Radio, Inc.<br>3.13%<sup>(3)</sup> | 09/01/26 | 460000 | 414711 |
|  Virgin Media Secured Finance PLC (United Kingdom)<br>4.50%<sup>(3)</sup> | 08/15/30 | 200000 | 172692 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;5525250 |
|  **Miscellaneous Manufacturers—0.8%** |  |  |  |
|  General Electric Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09% (3 mo. USD LIBOR + 0.480%)<sup>(1)</sup> | 08/15/36 | 52000 | 43819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.10% (3 mo. USD LIBOR + 3.330%)<sup>(1),(4)</sup> | 03/15/23 | 465000 | 464112 |
|  |  |  | 507931 |
|  **Oil & Gas—1.3%** |  |  |  |
|  Petroleos Mexicanos<br>7.69% | 01/23/50 | 65000 | 48621 |
|  SM Energy Co.<br>6.50% | 07/15/28 | 330000 | 315945 |
|  Transocean Titan Financing, Ltd.<br>8.38%<sup>(3)</sup> | 02/01/28 | 400000 | 414500 |
|  Valaris, Ltd.<br>8.25% | 04/30/28 | 5000 | 5066 |
|  |  |  | 784132 |
|  **Oil & Gas Services—2.3%** |  |  |  |
|  Archrock Partners LP / Archrock Partners Finance Corp.<br>6.25%<sup>(3)</sup> | 04/01/28 | 492000 | 469860 |
|  Transocean Proteus, Ltd.<br>6.25%<sup>(3)</sup> | 12/01/24 | 560000 | 565967 |
|  USA Compression Partners LP / USA Compression Finance Corp.<br>6.88% | 09/01/27 | 400000 | 388550 |
|  |  |  | 1424377 |
|  **Packaging & Containers—3.8%** |  |  |  |
|  Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc.<br>5.25%<sup>(3)</sup> | 08/15/27 | 600000 | 497250 |
|  Ball Corp.<br>6.88% | 03/15/28 | 600000 | 618828 |
|  Graphic Packaging International LLC<br>4.13% | 08/15/24 | 725000 | 715031 |
|  Sealed Air Corp.<br>4.00%<sup>(3)</sup> | 12/01/27 | 362000 | 335755 |
|  Silgan Holdings, Inc.<br>4.13% | 02/01/28 | 125000 | 116871 |
|  Trivium Packaging Finance BV (Netherlands)<br>5.50%<sup>(3)</sup> | 08/15/26 | 55000 | 52867 |
|  |  |  | 2336602 |
|  **Pharmaceuticals—2.2%** |  |  |  |
|  180 Medical, Inc.<br>3.88%<sup>(3)</sup> | 10/15/29 | 500000 | 447500 |
|  Bausch Health Cos, Inc. (Canada)<br>5.75%<sup>(3)</sup> | 08/15/27 | 18000 | 12240 |
|  Embecta Corp.<br>6.75%<sup>(3)</sup> | 02/15/30 | 500000 | 451025 |
|  Organon & Co. / Organon Foreign Debt Co-Issuer BV<br>5.13%<sup>(3)</sup> | 04/30/31 | 300000 | 271740 |
|  Prestige Brands, Inc.<br>3.75%<sup>(3)</sup> | 04/01/31 | 215000 | 182851 |
|  |  |  | 1365356 |
|  **Pipelines—7.1%** |  |  |  |
|  DCP Midstream Operating LP<br>5.60% | 04/01/44 | 136000 | 136258 |
|  Energy Transfer LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00% | 05/15/50 | 135000 | 118176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35% | 05/15/45 | 126000 | 115303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40% | 10/01/47 | 40000 | 36932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63% (3 mo. USD LIBOR + 4.155%)<sup>(1),(4)</sup> | 02/15/28 | 897000 | 752520 |
|  Global Partners LP / GLP Finance Corp.<br>6.88% | 01/15/29 | 540000 | 510308 |
|  NGL Energy Operating LLC / NGL Energy Finance Corp.<br>7.50%<sup>(3)</sup> | 02/01/26 | 260000 | 247265 |
|  Rockies Express Pipeline LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%<sup>(3)</sup> | 05/15/30 | 30000 | 27150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%<sup>(3)</sup> | 04/15/40 | 541000 | 461754 |
|  TransMontaigne Partners LP / TLP Finance Corp.<br>6.13% | 02/15/26 | 712000 | 620494 |
|  Venture Global Calcasieu Pass LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%<sup>(3)</sup> | 08/15/31 | 880000 | 782153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%<sup>(3)</sup> | 01/15/30 | 500000 | 508610 |
|  |  |  | 4316923 |
|  **REIT—3.6%** |  |  |  |
|  American Assets Trust LP<br>3.38% | 02/01/31 | 475000 | 387857 |
|  GLP Capital LP / GLP Financing II, Inc.<br>5.75% | 06/01/28 | 473000 | 482316 |
|  Iron Mountain, Inc.<br>5.25%<sup>(3)</sup> | 07/15/30 | 100000 | 90750 |
|  VICI Properties LP / VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%<sup>(3)</sup> | 02/15/29 | 34000 | 30672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(3)</sup> | 01/15/28 | 40000 | 37416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(3)</sup> | 06/15/25 | 512000 | 496435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%<sup>(3)</sup> | 05/01/24 | 106000 | 105908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(3)</sup> | 02/01/27 | 554000 | 551778 |
|  |  |  | 2183132 |
|  **Retail—2.3%** |  |  |  |
|  Bloomin' Brands, Inc. / OSI Restaurant Partners LLC<br>5.13%<sup>(3)</sup> | 04/15/29 | 335000 | 297313 |
|  Fertitta Entertainment<br>4.63%<sup>(3)</sup> | 01/15/29 | 325000 | 287063 |
|  FirstCash, Inc.<br>5.63%<sup>(3)</sup> | 01/01/30 | 100000 | 92019 |
|  Michaels Cos, Inc. (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%<sup>(3)</sup> | 05/01/28 | 480000 | 400891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%<sup>(3)</sup> | 05/01/29 | 125000 | 95156 |

---

------

---

| |
|:---|
| **TCW High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **Retail (Continued)** |  |  |  |
|  Papa John's International, Inc.<br>3.88%<sup>(3)</sup> | 09/15/29 | $270000 | $233874 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1406316 |
|  **Software—0.5%** |  |  |  |
|  Open Text Corp.<br>6.90%<sup>(3)</sup> | 12/01/27 | 150000 | 154125 |
|  Oracle Corp.<br>6.25% | 11/09/32 | 150000 | 163200 |
|  |  |  | 317325 |
|  **Telecommunications—6.7%** |  |  |  |
|  Altice France SA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%<sup>(3)</sup> | 01/15/29 | 200000 | 157750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%<sup>(3)</sup> | 10/15/29 | 450000 | 356009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%<sup>(3)</sup> | 02/01/27 | 250000 | 235000 |
|  CommScope, Inc.<br>4.75%<sup>(3)</sup> | 09/01/29 | 300000 | 252000 |
|  Global Switch Finance BV<br>1.38%<sup>(5)</sup> | 10/07/30 | 115000 | 105390 |
|  Intelsat Jackson Holdings S. A.<br>6.50%<sup>(3),(6)</sup> | 03/15/30 | 239000 | 217229 |
|  Lumen Technologies, Inc.<br>4.50%<sup>(3)</sup> | 01/15/29 | 335000 | 226963 |
|  SES GLOBAL Americas Holdings, Inc.<br>5.30%<sup>(3)</sup> | 03/25/44 | 559000 | 449135 |
|  Sprint Corp.<br>7.88% | 09/15/23 | 775000 | 787379 |
|  T-Mobile USA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% | 02/15/26 | 600000 | 556458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63% | 02/15/29 | 370000 | 324601 |
|  Zayo Group Holdings, Inc.<br>4.00%<sup>(3)</sup> | 03/01/27 | 525000 | 418183 |
|  |  |  | 4086097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $55,371,899) |  |  | 51658932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $60,430,223) |  |  | 56481490 |
|  |  | **Shares** |  |
|  **COMMON STOCK—0.0%** |  |  |  |
|  **Electric—0.0%** |  |  |  |
|  Homer City Holdings LLC—Series A<sup>(7),(8)</sup> |  | 5610 |  |
|  **Total Common Stock** (Cost: $327,224) |  |  |  |
|  **WARRANTS—0.0%** |  |  |  |
|  **Entertainment—0.0%** |  |  |  |
|  Cineworld Group PLC<sup>(8)</sup> |  | 42717 | 1175 |
|  **Total Warrants** (Cost: $—) |  |  | 1175 |
|  **MONEY MARKET INVESTMENTS**—**1.7%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class,4.18%<sup>(9)</sup> |  | 1064885 | 1064885 |
|  **Total Money Market Investments** (Cost: $1,064,885) |  |  | 1064885 |
|  | **Maturity<br>Date** | **Principal<br>Amount** |  |
|  **SHORT TERM INVESTMENTS**—**5.7%** |  |  |  |
|  **U.S. TREASURY SECURITIES**—**5.7%** |  |  |  |
|  U.S. Treasury Bill |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.49%<sup>(10)</sup> | 05/11/23 | $2000000 | 1975015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.56%<sup>(10)</sup> | 05/25/23 | 1500000 | 1478483 |
|  **Total U.S. Treasury Securities** (Cost: $3,454,610) |  |  | 3453498 |
|  **Total Short Term Investments** (Cost: $3,454,610) |  |  | 3453498 |
|  **Total Investments (99.8%)** (Cost: $65,276,942) |  |  | 61001048 |
|  **Excess Of Other Assets Over Liabilities (0.2%)** |  |  | 129690 |
|  **Net Assets (100.0%)** |  |  | $61130738 |

---

------

---

| |
|:---|
| **TCW High Yield Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

**Futures Contracts** 

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br>Contracts** | **Type** | **Expiration<br>Date** | **Notional** | **Market Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** |  |  |  |  |  |
| 90 | 5-Year U.S Treasury Note Futures | 03/31/23 | $9720285 | $9831797 | $111512 |
|  **Short Futures** |  |  |  |  |  |
| 24 | 10-Year U.S. Treasury Note Futures | 03/22/23 | $(2847256) | $(2908875) | $(61619) |
| 1 | Euro-Bobl Future | 03/8/23 | (129423) | (127394) | 2029 |
| 5 | U.S. Ultra Long Bond Futures | 03/22/23 | (670159) | (708750) | (38591) |
|  |  |  | **$(3646838)** | $**(3745019)** | $**(98181)** |

---

**FORWARD CURRENCY EXCHANGE CONTRACTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to<br>Deliver** | **Units of**<br>**Currency** | **Settlement**<br>**Date** | **In Exchange for U.S.**<br>**Dollars** | **Contracts at**<br>**Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL*<sup>(11)</sup>***  | | | | | |  |
|  Citibank N.A. | EUR | 203000 | 04/13/23 | 219813 | 221435 | (1622) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| REIT | Real Estate Investment Trust. |
| EUR | Euro Currency |
| (1) | Floating or variable rate security. The interest shown reflects the rate in effect at January 31, 2023. |
| (2) | 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. |
| (3) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At January 31, 2023, the value of these securities amounted to $34,132,080 or 55.8% 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. |
| (4) | Perpetual maturity. |
| (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 January 31, 2023, the value of these securities amounted to $105,390 or 0.2% of net assets. |
| (6) | Restricted security (Note 3). |
| (7) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (8) | Non-income producing security. |
| (9) | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (10) | Rate shown represents yield-to-maturity. |
| (11) | Fund sells foreign currency, buys U.S. Dollar. |

---

------

**TCW High Yield Bond Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | | |
|:---|:---|:---|
| **Sector** | **Percentage of<br>Net Assets** |  |
|  Corporate Bonds | 84.5 | % |
|  Bank Loans | 7.9 |  |
|  U.S. Treasury Securities | 5.7 |  |
|  Money Market Investments | 1.7 |  |
|  Warrants | 0.0 | \*\* |
|  Common Stock | 0.0 | \*\* |
|  Other\* | 0.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 | % |

---

\* Includes capstock, futures, pending trades, interest receivable and accrued expenses payable.

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

------

**TCW High Yield Bond Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 in valuing the Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Quoted Prices**<br>**in Active<br>Markets for<br>Identical<br>Assets**<br>**(Level 1)** | **Other**<br>**Significant<br>Observable**<br>**Inputs**<br>**(Level 2)** | **Significant<br>Unobservable**<br>**Inputs**<br>**(Level 3)** | **Total** |
|  Fixed Income Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank Loans\* | $— | $4822558 | $— | $4822558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds\* |  | 51658932 |  | 51658932 |
|  Total Fixed Income Securities |  | 56481490 |  | 56481490 |
|  Common Stock\* |  |  |  |  |
|  Warrants\* |  | 1175 |  | 1175 |
|  Money Market Investments | 1064885 |  |  | 1064885 |
|  Short-Term Investments | 3453498 |  |  | 3453498 |
|  Total Investments | $4518383 | $56482665 | $— | $61001048 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 113541 |  |  | 113541 |
|  Total Investments | $4631924 | $56482665 | $— | $61114589 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(100210) | $— | $— | $(100210) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk |  | (1622) |  | (1622) |
|  Total | $(100210) | $(1622) | $— | $(101832) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| |
|:---|
| **TCW Short Term Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **FIXED INCOME SECURITIES—106.7% of Net Assets** |  |  |  |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—2.5%** |  |  |  |
|  Fannie Mae (14-M11-1A)<br>3.12%<sup>(1)</sup> | 08/25/24 | $20983 | $20329 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (K030-X1) (I/O)<br>0.14%<sup>(1)</sup> | 04/25/23 | 10029593 | 1689 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KF68-A)<br>4.88% (1 mo. USD LIBOR + 0.490%)<sup>(2)</sup> | 07/25/26 | 45751 | 45553 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KJ28-A1)<br>1.77% | 02/25/25 | 1048 | 1048 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KJ34-A1)<br>0.68% | 06/25/26 | 11062 | 10194 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KL05-X1HG) (I/O)<br>1.22%<sup>(1)</sup> | 12/25/27 | 500000 | 22245 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KS06-X) (I/O)<br>1.05%<sup>(1)</sup> | 08/25/26 | 554775 | 13836 |
|  Freddie Mac Multifamily Structured Pass Through Certificates (KJ29-A1)<br>0.74% | 01/25/26 | 19057 | 18182 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K723-X1) (I/O)<br>0.91%<sup>(1)</sup> | 08/25/23 | 1504908 | 4031 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K031-X1) (I/O)<br>0.16%<sup>(1)</sup> | 04/25/23 | 710798 | 155 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K722-X1) (I/O)<br>1.41%<sup>(1)</sup> | 03/25/23 | 69185 | 4 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KJ31-A1)<br>0.57% | 05/25/26 | 17450 | 16901 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KJ32-A1)<br>0.52% | 06/25/25 | 19562 | 18568 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (KS07-X) (I/O)<br>0.63%<sup>(1)</sup> | 09/25/25 | 240243 | 3571 |
|  FRESB Mortgage Trust (15-SB3-A3)<br>4.94% (1 mo. USD LIBOR + 0.550%)<sup>(2)</sup> | 01/25/43 | 2063 | 2045 |
|  Ginnie Mae (08-92-E)<br>5.56%<sup>(1)</sup> | 03/16/44 | 5126 | 5067 |
|  Ginnie Mae (10-159-D)<br>4.56%<sup>(1)</sup> | 09/16/44 | 6600 | 6448 |
|  Ginnie Mae (11-165-IO) (I/O)<br>0.00%<sup>(1)</sup> | 10/16/51 | 213089 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $256,266) |  |  | 189868 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**7.5%** |  |  |  |
|  BBCMS Trust (15-SRCH-XB) (I/O)<br>0.19%<sup>(1),(3)</sup> | 08/10/35 | 2000000 | 16985 |
|  BDS, Ltd. (19-FL4-A)<br>5.56% (1 mo. USD LIBOR + 1.100%)<sup>(2),(3)</sup> | 08/15/36 | 10399 | 10363 |
|  BFLD Trust (20-OBRK-A)<br>6.64% (SOFR + 2.164%)<sup>(2),(3)</sup> | 11/15/28 | 100000 | 99140 |
|  Citigroup Commercial Mortgage Trust (13-GC11-XA) (I/O)<br>1.17%<sup>(1)</sup> | 04/10/46 | 102985 | 1 |
|  Citigroup Commercial Mortgage Trust (14-GC23-XB) (I/O)<br>0.21%<sup>(1)</sup> | 07/10/47 | 3784000 | 10642 |
|  COMM Mortgage Trust (12-CR3-XA) (I/O)<br>1.23%<sup>(1)</sup> | 10/15/45 | 187080 | 399 |
|  COMM Mortgage Trust (12-CR4-XA) (I/O)<br>1.23%<sup>(1)</sup> | 10/15/45 | 230217 | 1 |
|  COMM Mortgage Trust (13-CR6-XA) (I/O)<br>0.92%<sup>(1)</sup> | 03/10/46 | 412501 | 4 |
|  COMM Mortgage Trust (13-CR9-ASB)<br>3.83% | 07/10/45 | 3400 | 3383 |
|  COMM Mortgage Trust (14-CR14-A2)<br>3.15% | 02/10/47 | 61639 | 61235 |
|  COMM Mortgage Trust (14-CR19-XA) (I/O)<br>0.93%<sup>(1)</sup> | 08/10/47 | 76796 | 786 |
|  COMM Mortgage Trust (14-CR20-A3)<br>3.33% | 11/10/47 | 14873 | 14274 |
|  COMM Mortgage Trust (16-DC2-XA) (I/O)<br>0.93%<sup>(1)</sup> | 02/10/49 | 734084 | 16090 |
|  FS Rialto (19-FL1-A)<br>5.66% (1 mo. USD LIBOR + 1.200%)<sup>(2),(3)</sup> | 12/16/36 | 95744 | 94977 |
|  GS Mortgage Securities Trust (13-GC14-A4)<br>3.96% | 08/10/46 | 24823 | 24716 |
|  JPMBB Commercial Mortgage Securities Trust (14-C18-XA) (I/O)<br>0.67%<sup>(1)</sup> | 02/15/47 | 906146 | 3676 |
|  LoanCore Issuer, Ltd. (19-CRE3-AS)<br>5.83% (1 mo. USD LIBOR + 1.370%)<sup>(2),(3)</sup> | 04/15/34 | 34502 | 34406 |
|  MF1, Ltd. (20-FL4-A)<br>6.30% (SOFR + 1.814)<sup>(2),(3)</sup> | 11/15/35 | 13034 | 13084 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (13-C12-XA) (I/O)<br>0.55%<sup>(1)</sup> | 10/15/46 | 246863 | 393 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (13-C7-XA) (I/O)<br>0.85%<sup>(1)</sup> | 02/15/46 | 158689 | 2 |
|  Morgan Stanley Bank of America Merrill Lynch Trust (14-C15-A3)<br>3.77% | 04/15/47 | 3927 | 3901 |
|  SREIT Trust (21-MFP-A)<br>5.19% (1 mo. USD LIBOR + 0.731%)<sup>(2),(3)</sup> | 11/15/38 | 100000 | 97583 |
|  Wells Fargo Commercial Mortgage Trust (15-NXS2-XA) (I/O)<br>0.60%<sup>(1)</sup> | 07/15/58 | 1412305 | 16051 |
|  WFRBS Commercial Mortgage Trust (14-C21-XA) (I/O)<br>1.00%<sup>(1)</sup> | 08/15/47 | 1437745 | 15952 |
|  WFRBS Commercial Mortgage Trust (14-C24-A3)<br>3.43% | 11/15/47 | 37918 | 36486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities — Non-Agency** (Cost: $687,656) |  |  | 574530 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES — AGENCY** —**27.6%** |  |  |  |
|  Fannie Mae (03-11-FA)<br>5.51% (1 mo. USD LIBOR + 1.000%)<sup>(2)</sup> | 09/25/32 | 6620 | 6719 |

---

------

---

| |
|:---|
| **TCW Short Term Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES — AGENCY (Continued)** |  |  |  |
|  Fannie Mae (06-23-FP) (PAC)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 04/25/36 | $9588 | $9483 |
|  Fannie Mae (07-64-FA)<br>4.98% (1 mo. USD LIBOR + 0.470%)<sup>(2)</sup> | 07/25/37 | 13980 | 13890 |
|  Fannie Mae (08-24-PF) (PAC)<br>5.16% (1 mo. USD LIBOR + 0.650%)<sup>(2)</sup> | 02/25/38 | 6129 | 6170 |
|  Fannie Mae (10-118-GF) (PAC)<br>5.06% (1 mo. USD LIBOR + 0.550%)<sup>(2)</sup> | 10/25/39 | 4452 | 4450 |
|  Fannie Mae (11-75-HP) (PAC)<br>2.50% | 07/25/40 | 1277 | 1264 |
|  Fannie Mae (20-10-FA)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 03/25/50 | 15898 | 15764 |
|  Fannie Mae (17-10-FA)<br>4.91% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 03/25/47 | 36343 | 35772 |
|  Fannie Mae, Pool #254548<br>5.50% | 12/01/32 | 5285 | 5502 |
|  Fannie Mae, Pool #600187<br>7.00% | 07/01/31 | 12070 | 12333 |
|  Fannie Mae, Pool #995364<br>6.00% | 10/01/38 | 4250 | 4458 |
|  Fannie Mae, Pool #AL0851<br>6.00% | 10/01/40 | 3213 | 3420 |
|  Fannie Mae, Pool #MA4492<br>2.00% | 12/01/51 | 46827 | 39523 |
|  Freddie Mac (3071-TF) (PAC)<br>4.76% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 04/15/35 | 8082 | 8061 |
|  Freddie Mac (3300-FA)<br>4.76% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 08/15/35 | 16303 | 16159 |
|  Freddie Mac (3318-F)<br>4.71% (1 mo. USD LIBOR + 0.250%)<sup>(2)</sup> | 05/15/37 | 19109 | 18773 |
|  Freddie Mac (3946-FG) (PAC)<br>4.81% (1 mo. USD LIBOR + 0.350%)<sup>(2)</sup> | 10/15/39 | 36 | 36 |
|  Freddie Mac (4231-FD)<br>4.81% (1 mo. USD LIBOR + 0.350%)<sup>(2)</sup> | 10/15/32 | 21940 | 21887 |
|  Freddie Mac, Pool #SD8194<br>2.50% | 02/01/52 | 46959 | 41183 |
|  Freddie Mac, Pool #SD8199<br>2.00% | 03/01/52 | 47779 | 40240 |
|  Freddie Mac (263-F5)<br>4.96% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 06/15/42 | 15429 | 15211 |
|  Freddie Mac., Pool #SD8189<br>2.50% | 01/01/52 | 46481 | 40771 |
|  Ginnie Mae II, Pool #80022<br>1.75% (U.S. 1-year Treasury Constant Maturity Rate + 1.500%)<sup>(2)</sup> | 12/20/26 | 4680 | 4602 |
|  Ginnie Mae II, Pool #80636<br>2.63% (U.S. 1-year Treasury Constant Maturity Rate + 1.500%)<sup>(2)</sup> | 09/20/32 | 3239 | 3160 |
|  Ginnie Mae II, Pool #80757<br>2.63% (U.S. 1-year Treasury Constant Maturity Rate + 1.500%)<sup>(2)</sup> | 10/20/33 | 1276 | 1234 |
|  Ginnie Mae II, Pool #80797<br>2.63% (U.S. 1-year Treasury Constant Maturity Rate + 1.500%)<sup>(2)</sup> | 01/20/34 | 16576 | 16247 |
|  Ginnie Mae II, Pool #80937<br>2.88% (U.S. 1-year Treasury Constant Maturity Rate + 1.500%)<sup>(2)</sup> | 06/20/34 | 7070 | 6967 |
|  Ginnie Mae II TBA, 30-Year |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 01/01/52 | 250000 | 223235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 01/01/52 | 150000 | 133893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 08/01/52 | 50000 | 49655 |
|  Uniform Mortgage-Backed Securities TBA, 30-Year |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(4)</sup> | 01/01/52 | 75000 | 63070 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(4)</sup> | 05/01/52 | 25000 | 23471 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 08/01/52 | 50000 | 49381 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(4)</sup> | 08/01/52 | 125000 | 123483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(4)</sup> | 01/01/52 | 25000 | 21039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 01/01/52 | 150000 | 131412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(4)</sup> | 01/01/52 | 25000 | 21916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(4)</sup> | 03/01/52 | 275000 | 250110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(4)</sup> | 07/01/52 | 75000 | 72407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(4)</sup> | 08/01/52 | 550000 | 552277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities — Agency** (Cost: $2,101,182) |  |  | 2108628 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES — NON-AGENCY**—**10.1%** |  |  |  |
|  ABFC Trust (02-WF2-A2)<br>5.63% (1 mo. USD LIBOR + 1.125%)<sup>(2)</sup> | 05/25/32 | 20304 | 20044 |
|  BNC Mortgage Loan Trust (06-2-A4)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 11/25/36 | 26940 | 26092 |
|  CIT Mortgage Loan Trust (07-1-1A)<br>5.86% (1 mo. USD LIBOR + 1.350%)<sup>(2),(3)</sup> | 10/25/37 | 31953 | 31834 |
|  Credit Suisse First Boston Mortgage Securities Corp. (02-AR31-6A1)<br>3.25%<sup>(1)</sup> | 11/25/32 | 7379 | 7026 |
|  First Franklin Mortgage Loan Asset-Backed Certificates (04-FF5-A3C)<br>5.51% (1 mo. USD LIBOR + 1.000%)<sup>(2)</sup> | 08/25/34 | 8623 | 8091 |
|  JPMorgan Mortgage Acquisition Trust (06-ACC1-M1)<br>4.91% (1 mo. USD LIBOR + 0.405%)<sup>(2)</sup> | 05/25/36 | 2900 | 3156 |
|  JPMorgan Mortgage Acquisition Trust (07-CH4-A5)<br>4.75% (1 mo. USD LIBOR + 0.240%)<sup>(2)</sup> | 05/25/37 | 52352 | 51921 |
|  JPMorgan Mortgage Trust (18-8-A3)<br>4.00%<sup>(1),(3)</sup> | 01/25/49 | 43901 | 41307 |
|  Morgan Stanley Capital I, Inc. Trust (06-NC2-A2D)<br>5.09% (1 mo. USD LIBOR + 0.580%)<sup>(2)</sup> | 02/25/36 | 29140 | 28852 |
|  New Century Home Equity Loan Trust (05-1-M1)<br>5.18% (1 mo. USD LIBOR + 0.675%)<sup>(2)</sup> | 03/25/35 | 45660 | 44826 |

---

------

---

| |
|:---|
| **TCW Short Term Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES — NON-AGENCY (Continued)** |  |  |  |
|  NovaStar Mortgage Funding Trust Series (05-1-M5)<br>5.59% (1 mo. USD LIBOR + 1.080%)<sup>(2)</sup> | 06/25/35 | $22200 | $22082 |
|  Opteum Mortgage Acceptance Corp. Asset Backed Pass-Through Certificates (05-2-M5)<br>5.48% (1 mo. USD LIBOR + 0.975%)<sup>(2)</sup> | 04/25/35 | 59293 | 58666 |
|  Ownit Mortgage Loan Asset-Backed Certificates (06-3-A2D)<br>5.05% (1 mo. USD LIBOR + 0.540%)<sup>(2)</sup> | 03/25/37 | 38542 | 36655 |
|  Park Place Securities, Inc. Asset-Backed Pass-Through Certificates (04-WHQ2-M4)<br>6.08% (1 mo. USD LIBOR + 1.575%)<sup>(2)</sup> | 02/25/35 | 32341 | 31141 |
|  PRPM LLC (21-6-A1)<br>1.79%<sup>(3)</sup> | 07/25/26 | 34816 | 32628 |
|  RASC Series Trust (05-EMX1-M1)<br>5.15% (1 mo. USD LIBOR + 0.645%)<sup>(2)</sup> | 03/25/35 | 22921 | 22742 |
|  RASC Series Trust (06-KS3-M1)<br>5.00% (1 mo. USD LIBOR + 0.330%)<sup>(2)</sup> | 04/25/36 | 31095 | 30293 |
|  Residential Accredit Loans, Inc. (02-QS16-A2)<br>5.06% (1 mo. USD LIBOR + 0.550%)<sup>(2),(5)</sup> | 10/25/17 | 68 | 36 |
|  Soundview Home Loan Trust (05-OPT1-M2)<br>5.18% (1 mo. USD LIBOR + 0.675%)<sup>(2)</sup> | 06/25/35 | 19576 | 18873 |
|  Structured Asset Investment Loan Trust (05-11-A3)<br>5.11% (1 mo. USD LIBOR + 0.600%)<sup>(2)</sup> | 01/25/36 | 14169 | 13604 |
|  Structured Asset Investment Loan Trust (05-HE3-M1)<br>5.23% (1 mo. USD LIBOR + 0.720%)<sup>(2)</sup> | 09/25/35 | 20353 | 19919 |
|  VOLT XCIV LLC (21-NPL3-A1)<br>2.24%<sup>(3)</sup> | 02/27/51 | 130359 | 122795 |
|  Wells Fargo Home Equity Asset-Backed Securities Trust (05-4-M3)<br>5.26% (1 mo. USD LIBOR + 0.750%)<sup>(2)</sup> | 12/25/35 | 100000 | 97900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $781,550) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $781,550) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Non-Agency** (Cost: $781,550) | 770483 |
|  **CORPORATE BONDS**—**21.2%** |  |  |  |
|  **Aerospace & Defense—0.4%** |  |  |  |
|  BAE Systems Holdings, Inc.<br>3.85%<sup>(3)</sup> | 12/15/25 | 20000 | 19520 |
|  Boeing Co. (The)<br>1.43% | 02/04/24 | 15000 | 14460 |
|  |  |  | 33980 |
|  **Agriculture—0.3%** |  |  |  |
|  Imperial Brands Finance PLC<br>4.25%<sup>(3)</sup> | 07/21/25 | 20000 | 19526 |
|  **Auto Manufacturers—0.3%** |  |  |  |
|  Mercedes-Benz Finance North America LLC<br>1.75%<sup>(3)</sup> | 03/10/23 | 25000 | 24936 |
|  **Banks—11.8%** |  |  |  |
|  Bank of America Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.32% (SOFR + 1.150%)<sup>(2)</sup> | 06/19/26 | 45000 | 41241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.73% (SOFR + 0.960%)<sup>(2)</sup> | 07/22/27 | 100000 | 89653 |
|  Citigroup, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.46% (SOFR + 0.770%)<sup>(2)</sup> | 06/09/27 | 40000 | 35637 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.29% (SOFR + 1.528%)<sup>(2)</sup> | 03/17/26 | 10000 | 9634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67% (3 mo. USD LIBOR + 1.390%)<sup>(2)</sup> | 07/24/28 | 45000 | 42628 |
|  Credit Suisse Group AG (Switzerland) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.31% (SOFR + 0.980%)<sup>(3),(2)</sup> | 02/02/27 | 65000 | 54018 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09% (SOFR + 1.730%)<sup>(3),(2)</sup> | 05/14/32 | 10000 | 7608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80% | 06/09/23 | 20000 | 19821 |
|  DNB Bank ASA<br>0.86% (U.S. 1-year Treasury Constant Maturity Rate + 0.330%)<sup>(2),(3)</sup> | 09/30/25 | 30000 | 27897 |
|  Goldman Sachs Group, Inc. (The) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.93% (SOFR + 0.486%)<sup>(2)</sup> | 10/21/24 | 10000 | 9662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.22% | 12/06/23 | 95000 | 92075 |
|  HSBC Holdings PLC (United Kingdom)<br>0.98% (SOFR + 0.708%)<sup>(2)</sup> | 05/24/25 | 90000 | 84670 |
|  JPMorgan Chase & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.56% (SOFR + 0.420%)<sup>(2)</sup> | 02/16/25 | 55000 | 52312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.04% (SOFR + 0.695%)<sup>(2)</sup> | 02/04/27 | 55000 | 49110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96% (3 mo. USD LIBOR + 1.245%)<sup>(2)</sup> | 01/29/27 | 5000 | 4887 |
|  Lloyds Banking Group PLC (United Kingdom)<br>3.87% (1-year Treasury Constant Maturity Rate + 3.500%)<sup>(2)</sup> | 07/09/25 | 40000 | 39187 |
|  Macquarie Group, Ltd. (Australia)<br>1.20% (SOFR + 0.694%)<sup>(2),(3)</sup> | 10/14/25 | 15000 | 13899 |
|  Morgan Stanley |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.16% (SOFR + 0.560%)<sup>(2)</sup> | 10/21/25 | 75000 | 69916 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.51% (SOFR + 0.858%)<sup>(2)</sup> | 07/20/27 | 25000 | 22296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.78% (SOFR + 0.455%)<sup>(2)</sup> | 01/25/24 | 35000 | 34976 |
|  NatWest Group PLC (United Kingdom)<br>4.52% (3 mo. USD LIBOR + 1.550%)<sup>(2)</sup> | 06/25/24 | 25000 | 24875 |
|  Wells Fargo & Co. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.16% (3 mo. USD LIBOR + 0.750%)<sup>(2)</sup> | 02/11/26 | 65000 | 61352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53% (SOFR + 1.510%)<sup>(2)</sup> | 03/24/28 | 15000 | 14264 |
|  |  |  | 901618 |
|  **Biotechnology—0.4%** |  |  |  |
|  Illumina, Inc.<br>5.80% | 12/12/25 | 20000 | 20417 |
|  Royalty Pharma PLC<br>0.75% | 09/02/23 | 10000 | 9761 |
|  |  |  | 30178 |
|  **Commercial Services—0.4%** |  |  |  |
|  Global Payments, Inc.<br>4.45% | 06/01/28 | 30000 | 28972 |

---

------

---

| |
|:---|
| **TCW Short Term Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Value** |
|  **Diversified Financial Services—0.7%** |  |  |  |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Ireland)<br>4.88% | 01/16/24 | $10000 | $9959 |
|  American Express Co.<br>2.25% | 03/04/25 | 20000 | 19041 |
|  Capital One Financial Corp.<br>1.34% (SOFR + 0.690%)<sup>(2)</sup> | 12/06/24 | 20000 | 19312 |
|  Park Aerospace Holdings, Ltd.<br>4.50%<sup>(3)</sup> | 03/15/23 | 5000 | 4995 |
|  |  |  | 53307 |
|  **Electric—0.8%** |  |  |  |
|  American Electric Power<br>2.03% | 03/15/24 | 30000 | 29009 |
|  Metropolitan Edison Co.<br>4.00%<sup>(3)</sup> | 04/15/25 | 30000 | 28993 |
|  |  |  | 58002 |
|  **Health Care-Products—0.6%** |  |  |  |
|  Baxter International, Inc.<br>0.87% | 12/01/23 | 25000 | 24164 |
|  Thermo Fisher Scientific, Inc.<br>1.22% | 10/18/24 | 25000 | 23624 |
|  |  |  | 47788 |
|  **Health Care-Services—0.7%** |  |  |  |
|  HCA, Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 04/15/25 | 10000 | 10015 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25% | 06/15/26 | 45000 | 45100 |
|  |  |  | 55115 |
|  **Insurance—0.8%** |  |  |  |
|  Athene Global Funding<br>4.90% (SOFR + 0.700%)<sup>(2),(3)</sup> | 05/24/24 | 30000 | 29746 |
|  Trinity Acquisition PLC<br>4.63% | 08/15/23 | 35000 | 34849 |
|  |  |  | 64595 |
|  **Miscellaneous Manufacturers—0.1%** |  |  |  |
|  General Electric Co.<br>4.91% (3 mo. USD LIBOR + 0.380%)<sup>(2)</sup> | 05/05/26 | 5000 | 4876 |
|  **Oil & Gas—0.1%** |  |  |  |
|  Petroleos Mexicanos<br>6.70% | 02/16/32 | 13000 | 10799 |
|  **Packaging & Containers—0.5%** |  |  |  |
|  Amcor Flexibles North America, Inc.<br>4.00% | 05/17/25 | 25000 | 24507 |
|  Berry Global, Inc.<br>0.95% | 02/15/24 | 15000 | 14342 |
|  |  |  | 38849 |
|  **Pharmaceuticals—0.8%** |  |  |  |
|  Bayer US Finance II LLC<br>4.25%<sup>(3)</sup> | 12/15/25 | 30000 | 29501 |
|  Bayer US Finance LLC<br>3.38%<sup>(3)</sup> | 07/15/24 | 10000 | 9760 |
|  Becton Dickinson and Co.<br>3.73% | 12/15/24 | 20000 | 19650 |
|  |  |  | 58911 |
|  **REIT—1.4%** |  |  |  |
|  GLP Capital LP / GLP Financing II, Inc.<br>5.38% | 11/01/23 | 25000 | 25025 |
|  Kilroy Realty LP<br>3.45% | 12/15/24 | 40000 | 38683 |
|  Life Storage LP<br>3.88% | 12/15/27 | 15000 | 14220 |
|  VICI Properties LP / VICI Note Co., Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%<sup>(3)</sup> | 06/15/25 | 10000 | 9696 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%<sup>(3)</sup> | 02/01/27 | 20000 | 19920 |
|  |  |  | 107544 |
|  **Software—0.3%** |  |  |  |
|  Take-Two Interactive Software, Inc.<br>3.30% | 03/28/24 | 25000 | 24508 |
|  **Telecommunications—0.8%** |  |  |  |
|  SES SA<br>3.60%<sup>(3)</sup> | 04/04/23 | 35000 | 34869 |
|  T-Mobile USA, Inc.<br>3.88% | 04/15/30 | 25000 | 23429 |
|  |  |  | 58298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds** (Cost: $1,645,996) |  |  | 1621802 |
|  **MUNICIPAL BONDS**—**1.2%** |  |  |  |
|  City and County of Denver Co. Airport System Revenue, Revenue Bond<br>1.12% | 11/15/24 | 10000 | 9431 |
|  City of Baltimore MD, General Obligation Unlimited<br>5.00% | 10/15/25 | 40000 | 40483 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bond<br>2.31% | 11/01/26 | 25000 | 23138 |
|  New York State Dormitory Authority, Revenue Bond<br>5.00% | 03/15/24 | 15000 | 15099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds** (Cost: $96,196) |  |  | 88151 |
|  **U.S. TREASURY SECURITIES**—**28.5%** |  |  |  |
|  U.S. Treasury Note |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 01/31/28 | 169000 | 168267 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 01/15/26 | 441000 | 440897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88% | 12/31/27 | 177000 | 179054 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 01/31/25 | 441000 | 440535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25% | 12/31/24 | 952000 | 952074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $2,175,838) |  |  | 2180827 |
|  **ASSET-BACKED SECURITIES**—**6.3%** |  |  |  |
|  Apidos CLO XXII (15-22A-A1R)<br>5.87% (3 mo. USD LIBOR + 1.060%)<sup>(2),(3)</sup> | 04/20/31 | 45000 | 44665 |
|  Carvana Auto Receivables Trust (22-P3-A3)<br>4.61% | 11/10/27 | 50000 | 48750 |
|  CoreVest American Finance Trust (19-1-XA) (I/O)<br>2.28%<sup>(1),(3)</sup> | 03/15/52 | 52954 | 2022 |
|  Exeter Automobile Receivables Trust (21-1A-D)<br>1.08% | 11/16/26 | 40000 | 37617 |
|  Magnetite XVIII, Ltd. (16-18A-AR2)<br>5.49% (3 mo. USD LIBOR + 0.880%)<sup>(2),(3)</sup> | 11/15/28 | 91652 | 91120 |
|  Navient Private Education Refi Loan Trust (20-BA-A2)<br>2.12%<sup>(3)</sup> | 01/15/69 | 52996 | 48557 |
|  Navient Private Education Refi Loan Trust (21-BA-A)<br>0.94%<sup>(3)</sup> | 07/15/69 | 63816 | 56030 |

---

------

---

| |
|:---|
| **TCW Short Term Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity**<br>**Date** | **Principal**<br>**Amount** | **Principal**<br>**Amount** | **Value** |
|  **ASSET-BACKED SECURITIES (Continued)** |  |  |  |  |
|  Navient Private Education Refi Loan Trust (21-CA-A)<br>1.06%<sup>(3)</sup> | 10/15/69 | $| 70011 | $61460 |
|  Tricon American Homes Trust (17-SFR2-A)<br>2.93%<sup>(3)</sup> | 01/17/36 |  | 35436 | 34548 |
|  Tricon American Homes Trust (17-SFR2-B)<br>3.28%<sup>(3)</sup> | 01/17/36 |  | 39000 | 38108 |
|  United States Small Business Administration (05-20B-1)<br>4.63% | 02/01/25 |  | 17427 | 16899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $507,757) |  |  |  | 479776 |
|  **U.S. GOVERNMENT AGENCY OBLIGATIONS**—**1.8%** (Cost: $152,269) |  |  |  |  |
|  United States International Development Finance Corp.<br>1.49% | 08/15/31 |  | 151351 | 135317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Government Agency Obligations** (Cost: $152,269) |  |  |  | 135317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $8,404,710) |  |  |  | 8149382 |
|  |  | **Shares** | **Shares** |  |
|  **MONEY MARKET INVESTMENTS**—**2.6%** |  |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund—Premier Class 4.18%<sup>(6)</sup> | State Street Institutional U.S. Government Money Market Fund—Premier Class 4.18%<sup>(6)</sup> |  | 201500 | 201500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $201,500) |  |  |  | 201500 |
|  | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** |  |
|  **SHORT TERM INVESTMENTS**—**16.0%** |  |  |  |  |
|  **U.S. Treasury Securities—16.0%** |  |  |  |  |
|  U.S. Treasury Bill |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77%<sup>(7)</sup> | 07/27/23 | $| 350000 | 342183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%<sup>(7)</sup> | 07/20/23 |  | 500000 | 489256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79%<sup>(7)</sup> | 07/20/23 |  | 400000 | 391404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $1,222,456) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $1,222,456) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $1,222,456) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $1,222,456) | 1222843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Short Term Investments** (Cost: $1,222,456) |  |  |  | 1222843 |
| **Total Investments (125.3%)** (Cost: $9,828,666) | **Total Investments (125.3%)** (Cost: $9,828,666) | **Total Investments (125.3%)** (Cost: $9,828,666) | **Total Investments (125.3%)** (Cost: $9,828,666) | 9573725 |
|  **Liabilities In Excess Of Other Assets (-25.3%)** |  |  |  | (1930761) |
|  **Net Assets (100.0%)** |  |  |  | $7642964 |

---

------

---

| |
|:---|
| **TCW Short Term Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

**FUTURES CONTRACTS** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of**<br> **Contracts** | **Type** | **Expiration<br>Date** | **Notional<br>Contract<br>Value** | **Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** | | | | |  |
| 15 | 2-Year U.S Treasury Note Futures | 03/31/23 | $3082353 | $3084727 | $2374 |
|  **Short Futures** |  |  |  |  |  |
| 5 | 10-Year U.S. Treasury Note Futures | 03/22/23 | $(592845) | $(606016) | $(13171) |
| 13 | 5-Year U.S Treasury Note Futures | 03/31/23 | (1402856) | (1420148) | (17292) |
| 1 | U.S. Ultra Long Bond Futures | 03/22/23 | (134032) | (141750) | (7718) |
|  |  |  | $**(2129733)** | $**(2167914)** | $**(38181)** |

---

---

| | |
|:---|:---|
|  <br> **Notes to the Schedule of Investments:** | <br> **Notes to the Schedule of Investments:** |
|  ABS | Asset-Backed Securities. |
|  CLO | Collateralized Loan Obligation. |
|  I/O | Interest Only Security. |
|  PAC | Planned Amortization Class. |
|  REIT | Real Estate Investment Trust. |
|  SOFR | Secured Overnight Financing Rate. |
|  TBA | To Be Announced. |
| (1) | 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. |
| (2) | Floating or variable rate security. The interest shown reflects the rate in effect at January 31, 2023. |
| (3) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At January 31, 2023, the value of these securities amounted to $1,306,496 or 17.1% 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. |
| (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) | The maturity date of the security has been extended past the date disclosed. The new maturity date is not known as of January 31, 2023. |
| (6) | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (7) | Rate shown represents yield-to-maturity. |

---

------

**TCW Short Term Bond Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage<br>of Net Assets** |
|  U.S. Treasury Securities | 44.5% |
|  Residential Mortgage-Backed Securities—Agency | 27.6 |
|  Corporate Bonds | 21.2 |
|  Residential Mortgage-Backed Securities—Non-Agency | 10.1 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 7.5 |
|  Asset-Backed Securities | 6.3 |
|  Money Market Investments | 2.6 |
|  Commercial Mortgage-Backed Securities—Agency | 2.5 |
|  U.S. Government Agency Obligations | 1.8 |
|  Municipal Bonds | 1.2 |
|  Other\* | (25.3) |
|  Total | 100.0% |

---

*\** *Includes futures, pending trades, interest receivable and accrued expenses payable.* 

------

**TCW Short Term Bond Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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; Commercial Mortgage-Backed Securities—Agency | $— | $189868 | $— | $189868 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 574530 |  | 574530 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 2108628 |  | 2108628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 770483 |  | 770483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds\* |  | 1621802 |  | 1621802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 88151 |  | 88151 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 2180827 |  |  | 2180827 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 479776 |  | 479776 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 135317 |  | 135317 |
|  Total Fixed Income Securities | 2180827 | 5968555 |  | 8149382 |
|  Money Market Investments | 201500 |  |  | 201500 |
|  Short-Term Investments\* | 1222843 |  |  | 1222843 |
|  Total Investments | $3605170 | $5968555 | $— | $9573725 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 2374 |  |  | 2374 |
|  Total Investments | $3607544 | $5968555 | $— | $9576099 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | $(38181) | $— | $— | $(38181) |
|  Total | $(38181) | $— | $— | $(38181) |

---

\* See Schedule of Investments for corresponding industries.

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **FIXED INCOME SECURITIES—124.6% of Net Assets** |  |  |  |
|  **ASSET-BACKED SECURITIES—11.9%** |  |  |  |
|  321 Henderson Receivables I LLC (13-3A-A)<br>4.08%<sup>(1)</sup> | 01/17/73 | $5423716 | $5013257 |
|  AGL CLO, Ltd. (21-13A-B)<br>6.46% (3 mo. USD LIBOR + 1.650%)<sup>(1),(2)</sup> | 10/20/34 | 16585000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16211937 |
|  Allegro CLO XII, Ltd. (20-1A-A1)<br>6.07% (3 mo. USD LIBOR + 1.250%)<sup>(1),(2)</sup> | 01/21/32 | 10000000 | 9931900 |
|  AMSR 2020-SFR2 Trust (20-SFR2-E2)<br>4.28%<sup>(1)</sup> | 07/17/37 | 7713000 | 7191620 |
|  Amsr Trust (20-SFR3-F)<br>3.55%<sup>(1)</sup> | 09/17/37 | 2682000 | 2465906 |
|  Amsr Trust (20-SFR3-G)<br>4.99%<sup>(1)</sup> | 09/17/37 | 11402000 | 10761387 |
|  Apidos CLO XXXVII (21-37A-B)<br>6.42% (3 mo. USD LIBOR + 1.600%)<sup>(1),(2)</sup> | 10/22/34 | 17000000 | 16547800 |
|  Barings CLO, Ltd. (20-4A-A)<br>6.03% (3 mo. USD LIBOR + 1.220%)<sup>(1),(2)</sup> | 01/20/32 | 8500000 | 8442481 |
|  Carvana Auto Receivables Trust (21-N2-R)<br>0.00%<sup>(1),(3)</sup> | 03/10/28 | 26650 | 5836680 |
|  Carvana Auto Receivables Trust (21-N3-R)<br>0.00%<sup>(1),(3)</sup> | 06/12/28 | 25650 | 5576533 |
|  CIFC Funding, Ltd. (22-2A-INCB)<br>1.00%<sup>(1),(4)</sup> | 04/19/35 | 3300000 | 2726097 |
|  Cologix Data Centers US Issuer LLC (21-1A-A2)<br>3.30%<sup>(1)</sup> | 12/26/51 | 12065000 | 10812987 |
|  CoreVest American Finance Trust (20-1-XA) (I/O)<br>2.60%<sup>(1),(4)</sup> | 03/15/50 | 35865896 | 2528122 |
|  CoreVest American Finance Trust (20-1-XB) (I/O)<br>2.07%<sup>(1),(4)</sup> | 03/15/50 | 38948500 | 4029347 |
|  CoreVest American Finance Trust (20-4-XA) (I/O)<br>3.84%<sup>(1),(4)</sup> | 12/15/52 | 50949598 | 4545219 |
|  CoreVest American Finance Trust (20-4-XB) (I/O)<br>2.79%<sup>(1),(4)</sup> | 12/15/52 | 27500000 | 2487139 |
|  CoreVest American Finance Trust (21-1-XA) (I/O)<br>2.95%<sup>(1),(4)</sup> | 04/15/53 | 72116537 | 5806218 |
|  Dryden CLO, Ltd. (20-83A-A)<br>6.01% (3 mo. USD LIBOR + 1.220%)<sup>(1),(2)</sup> | 01/18/32 | 8000000 | 7939968 |
|  EFS Volunteer No 2 LLC (12-1-A2)<br>5.86% (1 mo. USD LIBOR + 1.350%)<sup>(1),(2)</sup> | 03/25/36 | 2877729 | 2853529 |
|  FirstKey Homes Trust (21-SFR3-E1)<br>2.99%<sup>(1)</sup> | 12/17/38 | 5500000 | 4788458 |
|  Flatiron RR CLO, LLC (21-2A-B)<br>6.39% (3 mo. USD LIBOR + 1.600%)<sup>(1),(2)</sup> | 10/15/34 | 15600000 | 15102360 |
|  Flexential Issuer 2021-1 (21-1A-A2)<br>3.25%<sup>(1)</sup> | 11/27/51 | 10950000 | 9939139 |
|  GCI Funding I LLC (21-1-A)<br>2.38%<sup>(1)</sup> | 06/18/46 | 23653845 | 20791406 |
|  Global SC Finance II SRL (14-1A-A2)<br>3.09%<sup>(1)</sup> | 07/17/29 | 2436530 | 2351573 |
|  GoldenTree Loan Management US CLO, Ltd. (19-4A-AR)<br>5.93% (3 mo. USD LIBOR + 1.110%)<sup>(1),(2)</sup> | 04/24/31 | 9000000 | 8943273 |
|  Higher Education Funding I (14-1-A)<br>5.81% (3 mo. USD LIBOR + 1.050%)<sup>(1),(2)</sup> | 05/25/34 | 2561 | 2560 |
|  HOA Funding LLC (21-1A-A2)<br>4.72%<sup>(1)</sup> | 08/20/51 | 12121563 | 9738989 |
|  HPS Loan Management, Ltd. (0A-16-A2RR)<br>6.46% (3 mo. USD LIBOR + 1.650%)<sup>(1),(2)</sup> | 04/20/34 | 20000000 | 19266800 |
|  Lucali CLO, Ltd. (20-1A-A)<br>6.00% (3 mo. USD LIBOR + 1.210%)<sup>(1),(2)</sup> | 01/15/33 | 8000000 | 7948480 |
|  Madison Park Funding XLVIII, Ltd. (21-48A-A)<br>5.95% (3 mo. USD LIBOR + 1.150%)<sup>(1),(2)</sup> | 04/19/33 | 13100000 | 13019016 |
|  Madison Park Funding XXXVIII, Ltd. (21-38A-B)<br>6.44% (3 mo. USD LIBOR + 1.650%)<sup>(1),(2)</sup> | 07/17/34 | 10000000 | 9705000 |
|  Neuberger Berman Loan Advisers CLO, Ltd. (20-36A-A1R)<br>6.06% (3 mo. USD LIBOR + 1.250%)<sup>(1),(2)</sup> | 04/20/33 | 9750000 | 9671162 |
|  OHA Credit Funding 3, Ltd. (19-3A-BR)<br>6.46% (3 mo. USD LIBOR + 1.650%)<sup>(1),(2)</sup> | 07/02/35 | 13000000 | 12746669 |
|  OHA Credit Funding, Ltd. (21-9A-B)<br>6.50% (3 mo. USD LIBOR + 1.700%)<sup>(1),(2)</sup> | 07/19/35 | 17500000 | 17060750 |
|  Park Avenue Institutional Advisers CLO, Ltd. (21-1A-A1A)<br>6.20% (3 mo. USD LIBOR + 1.390%)<sup>(1),(2)</sup> | 01/20/34 | 11000000 | 10929270 |
|  Progress Residential Trust (19-SFR3-E)<br>3.37%<sup>(1)</sup> | 09/17/36 | 8681000 | 8266448 |
|  Progress Residential Trust (20-SFR2-F)<br>6.15%<sup>(1)</sup> | 06/17/37 | 9332000 | 9112825 |
|  Progress Residential Trust (20-SFR3-F)<br>2.80%<sup>(1)</sup> | 10/17/27 | 3299000 | 2968527 |
|  Progress Residential Trust (21-SFR1-H)<br>5.00%<sup>(1)</sup> | 04/17/38 | 4890000 | 4252628 |
|  Progress Residential Trust (21-SFR11-F)<br>4.42%<sup>(1)</sup> | 01/17/39 | 2874000 | 2374128 |
|  Progress Residential Trust (21-SFR2-G)<br>4.25%<sup>(1)</sup> | 04/19/38 | 8369000 | 7407404 |
|  Progress Residential Trust (21-SFR7-F)<br>3.83%<sup>(1)</sup> | 08/17/40 | 7500000 | 6359082 |
|  Sixth Street CLO XVII, Ltd. (21-17A-A)<br>6.05% (3 mo. USD LIBOR + 1.240%)<sup>(1),(2)</sup> | 01/20/34 | 8000000 | 7951560 |
|  SLM Student Loan Trust (08-8-B)<br>7.07% (3 mo. USD LIBOR + 2.250%)<sup>(2)</sup> | 10/25/75 | 5706000 | 5496211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Asset-backed Securities** (Cost: $387,772,807) |  |  | 357901845 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Principal<br>Amount** | **Value** |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—AGENCY—0.4%** |  |  |  |  |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K038-X3) (I/O)<br>2.49%<sup>(4)</sup> | 06/25/42 | $| 78039937 | $2101873 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K040-X3) (I/O)<br>2.04%<sup>(4)</sup> | 11/25/42 |  | 77991835 | 2436379 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K042-X3) (I/O)<br>1.60%<sup>(4)</sup> | 01/25/43 |  | 76625000 | 2039056 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K045-X3) (I/O)<br>1.50%<sup>(4)</sup> | 04/25/43 |  | 126630757 | 3647485 |
|  Freddie Mac Multifamily Structured Pass-Through Certificates (K046-X3) (I/O)<br>1.51%<sup>(4)</sup> | 04/25/43 |  | 94964072 | 2845015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $35,285,763) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $35,285,763) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $35,285,763) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Agency** (Cost: $35,285,763) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13069808 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.8%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**9.8%** |  |
|  1345 Avenue of the Americas & Park Avenue Plaza Trust (05-1-A3)<br>5.28%<sup>(1)</sup> | 08/10/35 |  | 9834081 | 9529148 |
|  Arbor Realty Commercial Real Estate Note, Ltd. (21-FL4-AS) 6.15% (1 mo. USD LIBOR + 1.700%)<sup>(1),(2)</sup> | 11/15/36 |  | 11800000 | 11634153 |
|  BAMLL Commercial Mortgage Securities Trust (20-BOC-A)<br>2.63%<sup>(1)</sup> | 01/15/32 |  | 14275000 | 12549281 |
|  BDS, Ltd. (20-FL5-A)<br>5.75% (SOFR + 1.264%)<sup>(1),(2)</sup> | 02/16/37 |  | 7162791 | 7124613 |
|  BDS, Ltd. (20-FL6-C)<br>6.67% (SOFR30A + 2.364%)<sup>(1),(2)</sup> | 09/15/35 |  | 10870676 | 10885711 |
|  Benchmark Mortgage Trust (19-B14-225C)<br>3.29%<sup>(1),(4)</sup> | 12/15/62 |  | 8734000 | 6625872 |
|  Benchmark Mortgage Trust (19-B14-225D)<br>3.29%<sup>(1),(4)</sup> | 12/15/62 |  | 20303000 | 15056004 |
|  BFLD Trust (20-OBRK-A)<br>6.64% (SOFR + 2.164%)<sup>(1),(2)</sup> | 11/15/28 |  | 17940000 | 17785705 |
|  BPR Trust (21-WILL-A)<br>6.21% (1 mo. USD LIBOR + 1.750%)<sup>(1),(2)</sup> | 06/15/38 |  | 4762581 | 4635432 |
|  BX Commercial Mortgage Trust (20-VIV4-A)<br>2.84%<sup>(1)</sup> | 03/09/44 |  | 15285000 | 13041127 |
|  BX Trust (19-OC11-A)<br>3.20%<sup>(1)</sup> | 12/09/41 |  | 8270000 | 7286004 |
|  BX Trust (21-SDMF-J)<br>8.49% (1 mo. USD LIBOR + 4.033%)<sup>(1),(2)</sup> | 09/15/34 |  | 13000000 | 12303591 |
|  CAMB Commercial Mortgage Trust (19-LIFE-D)<br>6.21% (1 mo. USD LIBOR + 1.750%)<sup>(1),(2)</sup> | 12/15/37 |  | 14425000 | 14126107 |
|  Capital Funding Multifamily Mortgage Trust (22-PM01-A)<br>6.64% (SOFR + 2.310%)<sup>(1),(2)</sup> | 02/27/25 |  | 10000000 | 9926900 |
|  Credit Suisse Mortgage Trust (21-BPNY-A)<br>8.17% (1 mo. USD LIBOR + 3.714%)<sup>(1),(2)</sup> | 08/15/23 |  | 19780000 | 19178361 |
|  DBGS Mortgage Trust (18-BIOD-E)<br>6.16% (1 mo. USD LIBOR + 1.700%)<sup>(1),(2)</sup> | 05/15/35 |  | 9137627 | 8910134 |
|  DBWF Mortgage Trust (16-85T-A)<br>3.79%<sup>(1)</sup> | 12/10/36 |  | 6385000 | 5882678 |
|  European Loan Conduit Euro (36A-E)<br>5.15% (3 mo. EURIBOR + 3.350%)<sup>(1),(2)</sup> | 02/17/30 |  | 9197227 | 9241337 |
|  Grace Trust (20-GRCE-A)<br>2.35%<sup>(1)</sup> | 12/10/40 |  | 10000000 | 8079925 |
|  Houston Galleria Mall Trust (15-HGLR-D)<br>3.98%<sup>(1)</sup> | 03/05/37 |  | 9500000 | 8452965 |
|  Hudson Yards Mortgage Trust (19-55HY-A)<br>2.94%<sup>(1),(4)</sup> | 12/10/41 |  | 5750000 | 5044365 |
|  JPMorgan Chase Commercial Mortgage Securities Trust (19-OSB-A)<br>3.40%<sup>(1)</sup> | 06/05/39 |  | 6865000 | 6153509 |
|  Life Mortgage Trust (21-BMR-G)<br>7.41% (1 mo. USD LIBOR + 2.950%)<sup>(1),(2)</sup> | 03/15/38 |  | 21126977 | 20126283 |
|  MFT Trust (20-ABC-D)<br>3.48%<sup>(1),(4)</sup> | 02/10/42 |  | 1973000 | 1262339 |
|  Morgan Stanley Capital I Trust (18-MP-A)<br>4.28%<sup>(1),(4)</sup> | 07/11/40 |  | 4635000 | 4269807 |
|  Morgan Stanley Capital I Trust (20-CNP-A)<br>2.43%<sup>(1),(4)</sup> | 04/05/42 |  | 18000000 | 14688042 |
|  One Bryant Park Trust (19-OBP-A)<br>2.52%<sup>(1)</sup> | 09/15/54 |  | 6870000 | 5874232 |
|  SFAVE Commercial Mortgage Securities Trust (15-5AVE-A2A)<br>3.66%<sup>(1),(4)</sup> | 01/05/43 |  | 20935000 | 15179296 |
|  SLG Office Trust (21-OVA-G)<br>2.85%<sup>(1)</sup> | 07/15/41 |  | 16460000 | 10643480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $337,178,718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Commercial Mortgage-Backed Securities—Non-Agency** (Cost: $337,178,718) |  |  | 295496401 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**63.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**63.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**63.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—AGENCY**—**63.5%** |  |
|  Fannie Mae<br>1.55% | 08/24/35 |  | 43500000 | 31447494 |
|  Fannie Mae, Pool #MA4152<br>2.00% | 10/01/40 |  | 50519201 | 44020378 |
|  Fannie Mae , Pool #BM5979<br>3.50% | 09/01/45 |  | 6284193 | 6057053 |
|  Fannie Mae , Pool #FM2342<br>3.50% | 12/01/46 |  | 3817374 | 3680303 |
|  Fannie Mae (01-40-Z)<br>6.00% | 08/25/31 |  | 58910 | 60015 |
|  Fannie Mae (03-117-TG) (PAC)<br>4.75% | 08/25/33 |  | 97312 | 96844 |
|  Fannie Mae (04-52-SW) (I/O) (I/F)<br>2.59% (-1 x 1 mo. USD LIBOR + 7.100%)<sup>(2)</sup> | 07/25/34 |  | 324946 | 9318 |
|  Fannie Mae (04-65-LT)<br>4.50% | 08/25/24 |  | 122027 | 120713 |
|  Fannie Mae (04-68-LC)<br>5.00% | 09/25/29 |  | 632149 | 636111 |
|  Fannie Mae (05-117-LC) (PAC)<br>5.50% | 11/25/35 |  | 77476 | 77233 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  Fannie Mae (05-74-CP) (I/F) (PAC)<br>8.23% (-1 x 1 mo. USD LIBOR + 24.750%)<sup>(2)</sup> | 05/25/35 | $54691 | $55767 |
|  Fannie Mae (07-103-AI) (I/O) (I/F)<br>1.99% (-1 x 1 mo. USD LIBOR + 6.500%)<sup>(2)</sup> | 03/25/37 | 2441073 | 172707 |
|  Fannie Mae (07-20-SI) (I/O) (I/F)<br>1.94% (-1 x 1 mo. USD LIBOR + 6.450%)<sup>(2)</sup> | 03/25/37 | 612227 | 48293 |
|  Fannie Mae (07-21-SE) (I/O) (I/F)<br>1.93% (-1 x 1 mo. USD LIBOR + 6.440%)<sup>(2)</sup> | 03/25/37 | 370016 | 27382 |
|  Fannie Mae (07-56-SG) (I/O) (I/F)<br>1.90% (-1 x 1 mo. USD LIBOR + 6.410%)<sup>(2)</sup> | 06/25/37 | 516667 | 18736 |
|  Fannie Mae (07-58-SV) (I/O) (I/F)<br>2.24% (-1 x 1 mo. USD LIBOR + 6.750%)<sup>(2)</sup> | 06/25/37 | 2806815 | 209315 |
|  Fannie Mae (07-65-S) (I/O) (I/F)<br>2.09% (-1 x 1 mo. USD LIBOR + 6.600%)<sup>(2)</sup> | 07/25/37 | 304163 | 19936 |
|  Fannie Mae (07-88-FY)<br>4.97% (1 mo. USD LIBOR + 0.460%)<sup>(2)</sup> | 09/25/37 | 331236 | 327968 |
|  Fannie Mae (07-B2-ZA)<br>5.50% | 06/25/37 | 5301461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5484457 |
|  Fannie Mae (08-1-AI) (I/O) (I/F)<br>1.74% (-1 x 1 mo. USD LIBOR + 6.250%)<sup>(2)</sup> | 05/25/37 | 2073521 | 62566 |
|  Fannie Mae (08-13-SB) (I/O) (I/F)<br>1.73% (-1 x 1 mo. USD LIBOR + 6.240%)<sup>(2)</sup> | 03/25/38 | 2281975 | 251910 |
|  Fannie Mae (08-23-SB) (I/O) (I/F)<br>2.34% (-1 x 1 mo. USD LIBOR + 6.850%)<sup>(2)</sup> | 04/25/38 | 2992739 | 175584 |
|  Fannie Mae (08-35-SD) (I/O) (I/F)<br>1.94% (-1 x 1 mo. USD LIBOR + 6.450%)<sup>(2)</sup> | 05/25/38 | 223630 | 3026 |
|  Fannie Mae (08-66-SG) (I/O) (I/F)<br>1.56% (-1 x 1 mo. USD LIBOR + 6.070%)<sup>(2)</sup> | 08/25/38 | 5067882 | 479309 |
|  Fannie Mae (08-68-SA) (I/O) (I/F)<br>1.46% (-1 x 1 mo. USD LIBOR + 5.970%)<sup>(2)</sup> | 08/25/38 | 1643605 | 63057 |
|  Fannie Mae (09-3-SH) (I/O) (I/F)<br>0.94% (-1 x 1 mo. USD LIBOR + 5.450%)<sup>(2)</sup> | 06/25/37 | 540081 | 30421 |
|  Fannie Mae (09-47-SV) (I/O) (I/F)<br>2.24% (-1 x 1 mo. USD LIBOR + 6.750%)<sup>(2)</sup> | 07/25/39 | 330113 | 14998 |
|  Fannie Mae (09-51-SA) (I/O) (I/F)<br>2.24% (-1 x 1 mo. USD LIBOR + 6.750%)<sup>(2)</sup> | 07/25/39 | 1872485 | 124135 |
|  Fannie Mae (09-6-SD) (I/O) (I/F)<br>1.04% (-1 x 1 mo. USD LIBOR + 5.550%)<sup>(2)</sup> | 02/25/39 | 480228 | 26984 |
|  Fannie Mae (09-68-KB)<br>4.00% | 09/25/24 | 467978 | 463084 |
|  Fannie Mae (09-71-LB)<br>4.00% | 09/25/29 | 4258656 | 4210026 |
|  Fannie Mae (09-72-AC)<br>4.00% | 09/25/29 | 5558755 | 5489727 |
|  Fannie Mae (09-72-JS) (I/O) (I/F)<br>2.74% (-1 x 1 mo. USD LIBOR + 7.250%)<sup>(2)</sup> | 09/25/39 | 338811 | 43667 |
|  Fannie Mae (10-136-CX) (PAC)<br>4.00% | 08/25/39 | 2197355 | 2182322 |
|  Fannie Mae (11-111-DB)<br>4.00% | 11/25/41 | 7516286 | 7288820 |
|  Fannie Mae (12-128-UY) (PAC)<br>2.50% | 11/25/42 | 11738000 | 10099044 |
|  Fannie Mae (12-133-GC) (PAC)<br>2.50% | 08/25/41 | 4793900 | 4596420 |
|  Fannie Mae (12-153-PC) (PAC)<br>2.00% | 05/25/42 | 1272749 | 1203760 |
|  Fannie Mae (13-101-BO) (P/O)<br>0.00%<sup>(5)</sup> | 10/25/43 | 3201337 | 2509582 |
|  Fannie Mae (13-101-CO) (P/O)<br>0.00%<sup>(5)</sup> | 10/25/43 | 7029731 | 5478893 |
|  Fannie Mae (13-95-PN) (PAC)<br>3.00% | 01/25/43 | 17574433 | 16541008 |
|  Fannie Mae (16-106-EF)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 01/25/47 | 11485425 | 11372325 |
|  Fannie Mae (16-63-AF)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 09/25/46 | 7193597 | 7103129 |
|  Fannie Mae (18-25-FA)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 04/25/48 | 13372287 | 13023965 |
|  Fannie Mae (18-52-PZ) (PAC)<br>4.00% | 07/25/48 | 1772251 | 1723269 |
|  Fannie Mae (18-55-PA) (PAC)<br>3.50% | 01/25/47 | 2155948 | 2101602 |
|  Fannie Mae (19-57-LT)<br>2.50% | 10/25/49 | 7776095 | 6947126 |
|  Fannie Mae (20-10-FA)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 03/25/50 | 6375379 | 6321556 |
|  Fannie Mae (20-12-FL)<br>4.96% (1 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 03/25/50 | 15772964 | 15510451 |
|  Fannie Mae (93-202-SZ) (I/F) (PAC)<br>10.00% (-U.S. (Fed) Prime Rate + 44.286%)<sup>(2)</sup> | 11/25/23 | 3323 | 3329 |
|  Fannie Mae (95-21-C) (P/O)<br>0.00%<sup>(5)</sup> | 05/25/24 | 30874 | 30104 |
|  Fannie Mae, Pool #254634<br>5.50% | 02/01/23 | 26 | 26 |
|  Fannie Mae, Pool #257536<br>5.00% | 01/01/29 | 502318 | 514426 |
|  Fannie Mae, Pool #310033<br>6.00% | 07/01/47 | 370600 | 387962 |
|  Fannie Mae, Pool #555424<br>5.50% | 05/01/33 | 1360295 | 1407029 |
|  Fannie Mae, Pool #661856<br>3.87% (12 mo. USD LIBOR + 1.623%)<sup>(2)</sup> | 10/01/32 | 20277 | 20002 |
|  Fannie Mae, Pool #671133<br>2.66% (6 mo. USD LIBOR + 1.413%)<sup>(2)</sup> | 02/01/33 | 57679 | 57533 |
|  Fannie Mae, Pool #687847<br>2.18% (12 mo. USD LIBOR + 1.614%)<sup>(2)</sup> | 02/01/33 | 9912 | 9727 |
|  Fannie Mae, Pool #692104<br>2.79% (6 mo. USD LIBOR + 1.413%)<sup>(2)</sup> | 02/01/33 | 312487 | 311614 |
|  Fannie Mae, Pool #699866<br>2.60% (12 mo. USD LIBOR + 1.545%)<sup>(2)</sup> | 04/01/33 | 127232 | 127278 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  Fannie Mae, Pool #704454<br>3.08% (12 mo. USD LIBOR + 1.684%)<sup>(2)</sup> | 05/01/33 | $18660 | $18528 |
|  Fannie Mae, Pool #728824<br>3.87% (12 mo. USD LIBOR + 1.621%)<sup>(2)</sup> | 07/01/33 | 45804 | 45185 |
|  Fannie Mae, Pool #734384<br>5.50% | 07/01/33 | 199137 | 201833 |
|  Fannie Mae, Pool #888593<br>7.00% | 06/01/37 | 171663 | 188596 |
|  Fannie Mae, Pool #934103<br>5.00% | 07/01/38 | 134303 | 133931 |
|  Fannie Mae, Pool #979563<br>5.00% | 04/01/28 | 309789 | 317242 |
|  Fannie Mae, Pool #995040<br>5.00% | 06/01/23 | 7090 | 7213 |
|  Fannie Mae, Pool #995425<br>6.00% | 01/01/24 | 38725 | 38695 |
|  Fannie Mae, Pool #995573<br>6.00% | 01/01/49 | 977521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010094 |
|  Fannie Mae, Pool #995953<br>6.00% | 11/01/28 | 1292601 | 1329275 |
|  Fannie Mae, Pool #995954<br>6.00% | 03/01/29 | 716277 | 736600 |
|  Fannie Mae, Pool #AA3303<br>5.50% | 06/01/38 | 1827178 | 1906968 |
|  Fannie Mae, Pool #AB6210<br>3.00% | 09/01/42 | 18675577 | 17584600 |
|  Fannie Mae, Pool #AE0588<br>6.00% | 08/01/37 | 3187586 | 3337611 |
|  Fannie Mae, Pool #AL0851<br>6.00% | 10/01/40 | 2025941 | 2156062 |
|  Fannie Mae, Pool #AL1594<br>6.00% | 07/01/40 | 1612243 | 1715794 |
|  Fannie Mae, Pool #AL9106<br>4.50% | 02/01/46 | 7849977 | 7968618 |
|  Fannie Mae, Pool #AS7241<br>3.50% | 05/01/46 | 6378505 | 6144286 |
|  Fannie Mae, Pool #AS9454<br>4.00% | 04/01/47 | 779917 | 765683 |
|  Fannie Mae, Pool #BN4316<br>4.00% | 01/01/49 | 129647 | 128854 |
|  Fannie Mae, Pool #BN6264<br>4.00% | 04/01/49 | 2698430 | 2676211 |
|  Fannie Mae, Pool #BQ6913<br>2.00% | 12/01/51 | 21627420 | 18258901 |
|  Fannie Mae, Pool #BQ7056<br>2.00% | 01/01/52 | 46642081 | 39348321 |
|  Fannie Mae, Pool #BU7102<br>2.50% | 12/01/51 | 11600598 | 10183021 |
|  Fannie Mae, Pool #BV7761<br>2.50% | 03/01/52 | 13762074 | 12091976 |
|  Fannie Mae, Pool #BV8459<br>3.00% | 04/01/52 | 19321058 | 17551883 |
|  Fannie Mae, Pool #BV8463<br>2.50% | 04/01/52 | 26222476 | 22976866 |
|  Fannie Mae, Pool #BV8464<br>3.00% | 04/01/52 | 19975352 | 18146265 |
|  Fannie Mae, Pool #BV8515<br>3.00% | 05/01/52 | 29065749 | 26402739 |
|  Fannie Mae, Pool #CA1540<br>4.00% | 04/01/48 | 12118099 | 12003023 |
|  Fannie Mae, Pool #CA1710<br>4.50% | 05/01/48 | 5620469 | 5637508 |
|  Fannie Mae, Pool #CA1711<br>4.50% | 05/01/48 | 5248334 | 5264244 |
|  Fannie Mae, Pool #CA2208<br>4.50% | 08/01/48 | 5371361 | 5387644 |
|  Fannie Mae, Pool #CB2852<br>2.00% | 11/01/51 | 18972284 | 16005450 |
|  Fannie Mae, Pool #CB3151<br>2.00% | 03/01/52 | 43881932 | 36992370 |
|  Fannie Mae, Pool #FM9515<br>2.50% | 11/01/51 | 21128229 | 18531485 |
|  Fannie Mae, Pool #FS0139<br>2.50% | 01/01/52 | 28883845 | 25432932 |
|  Fannie Mae, Pool #FS1598<br>2.00% | 04/01/52 | 31571726 | 26589907 |
|  Fannie Mae, Pool #MA1561<br>3.00% | 09/01/33 | 17498174 | 16607890 |
|  Fannie Mae, Pool #MA1584<br>3.50% | 09/01/33 | 11185747 | 10938230 |
|  Fannie Mae, Pool #MA2995<br>4.00% | 05/01/47 | 3311114 | 3260546 |
|  Fannie Mae, Pool #MA4579<br>3.00% | 04/01/52 | 36242768 | 32923170 |
|  Freddie Mac (4896-DA)<br>3.00% | 01/15/49 | 1504997 | 1394774 |
|  Freddie Mac (4648-FA)<br>4.96% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 01/15/47 | 6530460 | 6455355 |
|  Freddie Mac (4929-FB)<br>4.96% (1 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 09/25/49 | 13723559 | 13524667 |
|  Freddie Mac (1829-ZB)<br>6.50% | 03/15/26 | 7998 | 8028 |
|  Freddie Mac (2367-ZK)<br>6.00% | 10/15/31 | 46932 | 48496 |
|  Freddie Mac (2514-PZ) (PAC)<br>5.50% | 10/15/32 | 905746 | 939931 |
|  Freddie Mac (2571-PZ) (PAC)<br>5.50% | 02/15/33 | 2139302 | 2198945 |
|  Freddie Mac (2642-AR)<br>4.50% | 07/15/23 | 14676 | 14632 |
|  Freddie Mac (2647-OV) (P/O)<br>0.00%<sup>(5)</sup> | 07/15/33 | 481888 | 367805 |
|  Freddie Mac (2662-MT) (TAC)<br>4.50% | 08/15/33 | 621750 | 621227 |
|  Freddie Mac (2666-BD)<br>4.50% | 08/15/23 | 42858 | 42720 |
|  Freddie Mac (2700-B)<br>4.50% | 11/15/23 | 68206 | 67879 |
|  Freddie Mac (277-30)<br>3.00% | 09/15/42 | 9475332 | 8907799 |
|  Freddie Mac (2903-PO) (P/O)<br>0.00%<sup>(5)</sup> | 11/15/23 | 18041 | 17820 |
|  Freddie Mac (3045-HZ)<br>4.50% | 10/15/35 | 624799 | 600386 |
|  Freddie Mac (3063-YG) (PAC)<br>5.50% | 11/15/35 | 9417079 | 9788728 |
|  Freddie Mac (3114-KZ)<br>5.00% | 02/15/36 | 7103048 | 7268316 |
|  Freddie Mac (3146-GE)<br>5.50% | 04/15/26 | 1052050 | 1050946 |
|  Freddie Mac (3149-OD) (P/O) (PAC)<br>0.00%<sup>(5)</sup> | 05/15/36 | 2437821 | 2008446 |
|  Freddie Mac (3315-S) (I/O) (I/F)<br>1.95% (-1 x 1 mo. USD LIBOR + 6.410%)<sup>(2)</sup> | 05/15/37 | 375697 | 30812 |
|  Freddie Mac (3376-SX) (I/O) (I/F)<br>1.58% (-1 x 1 mo. USD LIBOR + 6.040%)<sup>(2)</sup> | 10/15/37 | 1436817 | 88480 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  Freddie Mac (3410-IS) (I/O) (I/F)<br>1.81% (-1 x 1 mo. USD LIBOR + 6.270%)<sup>(2)</sup> | 02/15/38 | $1896715 | $121288 |
|  Freddie Mac (3424-BI) (I/O) (I/F)<br>2.34% (-1 x 1 mo. USD LIBOR + 6.800%)<sup>(2)</sup> | 04/15/38 | 2430992 | 299583 |
|  Freddie Mac (3519-SH) (I/O) (I/F)<br>1.04% (-1 x 1 mo. USD LIBOR + 5.500%)<sup>(2)</sup> | 07/15/37 | 145768 | 11556 |
|  Freddie Mac (3531-SC) (I/O) (I/F)<br>1.84% (-1 x 1 mo. USD LIBOR + 6.300%)<sup>(2)</sup> | 05/15/39 | 2944440 | 71812 |
|  Freddie Mac (3541-SA) (I/O) (I/F)<br>2.29% (-1 x 1 mo. USD LIBOR + 6.750%)<sup>(2)</sup> | 06/15/39 | 1055953 | 116451 |
|  Freddie Mac (3550-GS) (I/O) (I/F)<br>2.29% (-1 x 1 mo. USD LIBOR + 6.750%)<sup>(2)</sup> | 07/15/39 | 2832729 | 328973 |
|  Freddie Mac (3551-VZ)<br>5.50% | 12/15/32 | 1080101 | 1115296 |
|  Freddie Mac (3557-KB)<br>4.50% | 07/15/29 | 1896201 | 1888729 |
|  Freddie Mac (3557-NB)<br>4.50% | 07/15/29 | 4372925 | 4384697 |
|  Freddie Mac (3558-KB)<br>4.00% | 08/15/29 | 1992593 | 1971821 |
|  Freddie Mac (3565-XB)<br>4.00% | 08/15/24 | 946410 | 936953 |
|  Freddie Mac (3575-D)<br>4.50% | 03/15/37 | 260181 | 260632 |
|  Freddie Mac (3788-SB) (I/O) (I/F)<br>2.02% (-1 x 1 mo. USD LIBOR + 6.480%)<sup>(2)</sup> | 01/15/41 | 3943749 | 501010 |
|  Freddie Mac (3885-PO) (P/O) (PAC)<br>0.00%<sup>(5)</sup> | 11/15/33 | 873201 | 736977 |
|  Freddie Mac (3930-KE) (PAC)<br>4.00% | 09/15/41 | 10470000 | 10311638 |
|  Freddie Mac (4030-HS) (I/O) (I/F)<br>2.15% (-1 x 1 mo. USD LIBOR + 6.610%)<sup>(2)</sup> | 04/15/42 | 1480394 | 162253 |
|  Freddie Mac (4604-PB) (PAC)<br>3.00% | 01/15/46 | 2201517 | 2054725 |
|  Freddie Mac (4846-PA)<br>4.00% | 06/15/47 | 684518 | 674958 |
|  Freddie Mac (5210-LB)<br>3.00% | 08/25/50 | 16601979 | 13597410 |
|  Freddie Mac (R002-ZA)<br>5.50% | 06/15/35 | 2058876 | 2141015 |
|  Freddie Mac, Pool #A91162<br>5.00% | 02/01/40 | 10140139 | 10511132 |
|  Freddie Mac, Pool #A92195<br>5.00% | 05/01/40 | 2470000 | 2551221 |
|  Freddie Mac, Pool #G01959<br>5.00% | 12/01/35 | 51261 | 52783 |
|  Freddie Mac, Pool #G06173<br>4.00% | 11/01/40 | 12184068 | 12243757 |
|  Freddie Mac, Pool #G07556<br>4.00% | 11/01/43 | 3721119 | 3739364 |
|  Freddie Mac, Pool #G07786<br>4.00% | 08/01/44 | 12327107 | 12315475 |
|  Freddie Mac, Pool #G07848<br>3.50% | 04/01/44 | 32615841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31758559 |
|  Freddie Mac, Pool #G08710<br>3.00% | 06/01/46 | 1008935 | 938888 |
|  Freddie Mac, Pool #G08833<br>5.00% | 07/01/48 | 2449067 | 2505065 |
|  Freddie Mac, Pool #G08840<br>5.00% | 08/01/48 | 397167 | 405661 |
|  Freddie Mac, Pool #G08843<br>4.50% | 10/01/48 | 3417556 | 3431272 |
|  Freddie Mac, Pool #G08848<br>4.50% | 11/01/48 | 1624015 | 1637794 |
|  Freddie Mac, Pool #G08849<br>5.00% | 11/01/48 | 3019028 | 3081258 |
|  Freddie Mac, Pool #G13390<br>6.00% | 01/01/24 | 2957 | 2949 |
|  Freddie Mac, Pool #G16085<br>2.50% | 02/01/32 | 3080619 | 2932727 |
|  Freddie Mac, Pool #G16598<br>2.50% | 12/01/31 | 2752822 | 2618257 |
|  Freddie Mac, Pool #G30450<br>6.00% | 01/01/29 | 512293 | 527266 |
|  Freddie Mac, Pool #G30452<br>6.00% | 10/01/28 | 496466 | 510976 |
|  Freddie Mac, Pool #G30454<br>5.00% | 05/01/29 | 533006 | 546378 |
|  Freddie Mac, Pool #G60238<br>3.50% | 10/01/45 | 3435430 | 3304673 |
|  Freddie Mac, Pool #G60440<br>3.50% | 03/01/46 | 24516510 | 23568454 |
|  Freddie Mac, Pool #G67707<br>3.50% | 01/01/48 | 13452370 | 12976393 |
|  Freddie Mac, Pool #G67709<br>3.50% | 03/01/48 | 19777496 | 19037542 |
|  Freddie Mac, Pool #G67717<br>4.00% | 11/01/48 | 28315630 | 28094240 |
|  Freddie Mac, Pool #N70081<br>5.50% | 07/01/38 | 1604601 | 1603714 |
|  Freddie Mac, Pool #P51350<br>5.00% | 03/01/36 | 1402196 | 1433031 |
|  Freddie Mac, Pool #QE0312<br>2.00% | 04/01/52 | 12034994 | 10135932 |
|  Freddie Mac, Pool #SD7513<br>3.50% | 04/01/50 | 14853272 | 14254246 |
|  Freddie Mac, Pool #SD8194<br>2.50% | 02/01/52 | 18971551 | 16637846 |
|  Freddie Mac, Pool #SD8199<br>2.00% | 03/01/52 | 7692450 | 6478619 |
|  Freddie Mac, Pool #ZT1491<br>3.50% | 11/01/48 | 8151471 | 7819033 |
|  Ginnie Mae (11-70-BO) (P/O)<br>0.00%<sup>(5)</sup> | 05/20/41 | 3739706 | 2921394 |
|  Ginnie Mae (15-42-ZB)<br>3.00% | 03/20/45 | 20175020 | 18230172 |
|  Ginnie Mae (15-43-DM)<br>2.50% | 03/20/45 | 18748740 | 17051806 |
|  Ginnie Mae (15-44-Z)<br>3.00% | 03/20/45 | 13652615 | 12010862 |
|  Ginnie Mae II, Pool #80963<br>2.63% (U.S. 1-year Treasury Constant Maturity Rate + 1.500%)<sup>(2)</sup> | 07/20/34 | 62994 | 61524 |
|  Ginnie Mae II, Pool #MA2374<br>5.00% | 11/20/44 | 203221 | 209874 |
|  Ginnie Mae II, Pool #MA2828<br>4.50% | 05/20/45 | 146838 | 150631 |
|  Ginnie Mae II, Pool #MA3456<br>4.50% | 02/20/46 | 769102 | 788924 |
|  Ginnie Mae II, Pool #MA3521<br>3.50% | 03/20/46 | 19158708 | 18487179 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (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)** |  |
|  Ginnie Mae II, Pool #MA3662<br>3.00% | 05/20/46 | $5656014 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5292218 |
|  Ginnie Mae II, Pool #MA3663<br>3.50% | 05/20/46 | 9179139 | 8851666 |
|  Ginnie Mae II, Pool #MA3665<br>4.50% | 05/20/46 | 1257519 | 1277724 |
|  Ginnie Mae II, Pool #MA3735<br>3.00% | 06/20/46 | 71639 | 67007 |
|  Ginnie Mae II, Pool #MA3739<br>5.00% | 06/20/46 | 2565328 | 2651786 |
|  Ginnie Mae II, Pool #MA3876<br>4.50% | 08/20/46 | 79066 | 80337 |
|  Ginnie Mae II, Pool #MA3877<br>5.00% | 08/20/46 | 1077171 | 1107742 |
|  Ginnie Mae II, Pool #MA4006<br>4.50% | 10/20/46 | 36426 | 37011 |
|  Ginnie Mae II, Pool #MA4007<br>5.00% | 10/20/46 | 2227147 | 2302252 |
|  Ginnie Mae II, Pool #MA4071<br>4.50% | 11/20/46 | 158092 | 162834 |
|  Ginnie Mae II, Pool #MA4129<br>4.50% | 12/20/46 | 56769 | 58014 |
|  Ginnie Mae II, Pool #MA4199<br>5.00% | 01/20/47 | 2264380 | 2340555 |
|  Ginnie Mae II, Pool #MA4264<br>4.50% | 02/20/47 | 5678475 | 5779892 |
|  Ginnie Mae II, Pool #MA4265<br>5.00% | 02/20/47 | 1878324 | 1941510 |
|  Ginnie Mae II, Pool #MA4324<br>5.00% | 03/20/47 | 2145768 | 2224406 |
|  Ginnie Mae II, Pool #MA4385<br>5.00% | 04/20/47 | 431760 | 445761 |
|  Ginnie Mae II, Pool #MA4454<br>5.00% | 05/20/47 | 339171 | 349105 |
|  Ginnie Mae II, Pool #MA4513<br>5.00% | 06/20/47 | 1254588 | 1284124 |
|  Ginnie Mae II, Pool #MA4781<br>5.00% | 10/20/47 | 1352901 | 1394658 |
|  Ginnie Mae II, Pool #MA4836<br>3.00% | 11/20/47 | 7411199 | 6911349 |
|  Ginnie Mae II, Pool #MA4838<br>4.00% | 11/20/47 | 7070797 | 6978555 |
|  Ginnie Mae II, Pool #MA4900<br>3.50% | 12/20/47 | 5294039 | 5086971 |
|  Ginnie Mae II, Pool #MA4901<br>4.00% | 12/20/47 | 485603 | 479268 |
|  Ginnie Mae II, Pool #MA5467<br>4.50% | 09/20/48 | 452734 | 454915 |
|  Ginnie Mae II, Pool #MA6080<br>3.00% | 08/20/49 | 194799 | 176243 |
|  Ginnie Mae II, Pool #MA6209<br>3.00% | 10/20/49 | 2913347 | 2627634 |
|  Ginnie Mae II TBA, 30-Year |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 94750000 | 84606090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 16075000 | 14348879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 08/01/52 | 15675000 | 15566889 |
|  Uniform Mortgage-Backed Securities TBA, 30-Year |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(6)</sup> | 01/01/52 | 101600000 | 85439250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%<sup>(6)</sup> | 05/01/52 | 18000000 | 16898990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 08/01/52 | 53500000 | 52850668 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%<sup>(6)</sup> | 08/01/52 | 65975000 | 65158437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%<sup>(6)</sup> | 01/01/52 | 24275000 | 20428930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 151850000 | 133032428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%<sup>(6)</sup> | 01/01/52 | 4275000 | 3747688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%<sup>(6)</sup> | 03/01/52 | 43675000 | 39722071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%<sup>(6)</sup> | 07/01/52 | 94100000 | 90846930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(6)</sup> | 08/01/52 | 164025000 | 164704170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%<sup>(6)</sup> | 08/01/52 | 14925000 | 14974689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $1,962,268,876) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $1,962,268,876) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities—Agency** (Cost: $1,962,268,876) | 1917217555 |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**35.5%** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY**—**35.5%** |  |  |
|  ACE Securities Corp. (07-ASP1-A2C)<br>5.03% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 03/25/37 | 10951032 | 5341622 |
|  ACE Securities Corp. (07-ASP1-A2D)<br>5.27% (1 mo. USD LIBOR + 0.760%)<sup>(2)</sup> | 03/25/37 | 5886063 | 2882045 |
|  ACE Securities Corp. (07-HE1-A1)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 01/25/37 | 27350860 | 14665206 |
|  Argent Securities Trust (06-M1-A2C)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 07/25/36 | 46234226 | 12760799 |
|  Argent Securities Trust (06-W4-A2C)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 05/25/36 | 17160953 | 4373369 |
|  Argent Securities, Inc. Asset-Backed Pass-Through Certificates (05-W3-M2)<br>5.20% (1 mo. USD LIBOR + 0.690%)<sup>(2)</sup> | 11/25/35 | 29183398 | 23906596 |
|  Asset-Backed Funding Certificates (07-WMC1-A2A)<br>5.26% (1 mo. USD LIBOR + 0.750%)<sup>(2)</sup> | 06/25/37 | 9588938 | 7637027 |
|  Banc of America Funding Corp. (04-B-3A1)<br>3.43%<sup>(4),(7)</sup> | 12/20/34 | 146218 | 118987 |
|  Banc of America Funding Corp. (06-D-2A1)<br>3.50%<sup>(4),(7)</sup> | 05/20/36 | 47448 | 41154 |
|  Banc of America Funding Corp. (06-D-3A1)<br>3.48%<sup>(4),(7)</sup> | 05/20/36 | 1389206 | 1202125 |
|  Banc of America Funding Corp. (15-R8-1A1)<br>2.89%<sup>(1),(4)</sup> | 11/26/46 | 102178 | 101739 |
|  Banc of America Funding Trust (06-3-4A14)<br>6.00% | 03/25/36 | 263108 | 212627 |
|  Banc of America Funding Trust (06-3-5A3)<br>5.50%<sup>(7)</sup> | 03/25/36 | 1209387 | 1045701 |
|  Bear Stearns Alt-A Trust (05-2-2A4)<br>3.37%<sup>(4)</sup> | 04/25/35 | 1307 | 1179 |
|  Bear Stearns Alt-A Trust (05-4-23A1)<br>3.25%<sup>(4)</sup> | 05/25/35 | 2174535 | 2037517 |
|  Bear Stearns Alt-A Trust (06-4-32A1)<br>3.53%<sup>(4)</sup> | 07/25/36 | 316658 | 166103 |
|  Bear Stearns ARM Trust (04-12-1A1)<br>4.04%<sup>(4)</sup> | 02/25/35 | 212259 | 198590 |
|  Bear Stearns ARM Trust (05-10-A3)<br>3.88%<sup>(4)</sup> | 10/25/35 | 1407616 | 1329544 |
|  Bear Stearns ARM Trust (06-2-2A1)<br>3.33%<sup>(4),(7)</sup> | 07/25/36 | 725287 | 631967 |
|  Bear Stearns ARM Trust (07-1-1A1)<br>3.19%<sup>(4)</sup> | 02/25/47 | 7622261 | 6664452 |
|  Bear Stearns ARM Trust (07-1-2A1)<br>4.33%<sup>(4),(7)</sup> | 02/25/47 | 111899 | 97871 |
|  Bear Stearns Asset-Backed Securities I Trust (05-AC6-1A3)<br>5.50%<sup>(4)</sup> | 09/25/35 | 904565 | 812574 |
|  Bear Stearns Asset-Backed Securities I Trust (05-AC6-1A4)<br>5.40%<sup>(4)</sup> | 09/25/35 | 1934115 | 1731822 |
|  Bear Stearns Mortgage Funding Trust (06-AR1-2A1)<br>4.95% (1 mo. USD LIBOR + 0.440%)<sup>(2)</sup> | 08/25/36 | 8947120 | 7823681 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |
|  Bear Stearns Mortgage Funding Trust (06-AR3-1A1)<br>4.69% (1 mo. USD LIBOR + 0.180%)<sup>(2)</sup> | 10/25/36 | $280357 | $235125 |
|  C-BASS Mortgage Loan Trust (07-CB2-A2B)<br>3.55% | 02/25/37 | 2386460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1492928 |
|  C-BASS Mortgage Loan Trust (07-CB2-A2C)<br>3.55% | 02/25/37 | 8208962 | 5304582 |
|  Chase Mortgage Finance Corp. (06-A1-2A1)<br>4.00%<sup>(4)</sup> | 09/25/36 | 353832 | 306454 |
|  Chase Mortgage Finance Corp. (07-A1-8A1)<br>4.12%<sup>(4)</sup> | 02/25/37 | 1242638 | 1190451 |
|  Chaseflex Trust (05-1-1A5)<br>6.50% | 02/25/35 | 2155656 | 1845750 |
|  CIM Trust (19-R3-A)<br>2.63%<sup>(1),(4)</sup> | 06/25/58 | 11508924 | 10569453 |
|  CIM Trust (20-R1-A1)<br>2.85%<sup>(1),(4)</sup> | 10/27/59 | 20278925 | 17808315 |
|  CIM Trust (20-R3-A1A)<br>4.00%<sup>(1),(4)</sup> | 01/26/60 | 14693335 | 13975263 |
|  CIM Trust (20-R6-A1A)<br>2.25%<sup>(1),(4)</sup> | 12/25/60 | 12147127 | 10521291 |
|  CIM Trust (20-R7-A1A)<br>2.25%<sup>(1),(4)</sup> | 12/27/61 | 19707565 | 17488753 |
|  CIM Trust (21-NR2-A1)<br>2.57%<sup>(1)</sup> | 07/25/59 | 15594007 | 14954359 |
|  CIM Trust (21-NR3-A1)<br>2.57%<sup>(1)</sup> | 06/25/57 | 8229342 | 7773252 |
|  CIM Trust (21-R3-A1A)<br>1.95%<sup>(1),(4)</sup> | 06/25/57 | 21353566 | 19077997 |
|  CIM Trust (23-NR1-A1)<br>6.00%<sup>(1)</sup> | 06/25/62 | 16770000 | 16020381 |
|  CIM Trust (23-R1-A1A)<br>5.40%<sup>(1),(4)</sup> | 04/25/62 | 14620000 | 14163856 |
|  CIM Trust (23-R1-A1B)<br>5.40%<sup>(1),(4)</sup> | 04/25/62 | 13400000 | 10724020 |
|  Citigroup Mortgage Loan Trust, Inc. (06-AR5-1A1A)<br>3.44%<sup>(4),(7)</sup> | 07/25/36 | 1628833 | 1193410 |
|  Citigroup Mortgage Loan Trust, Inc. (07-12-2A1)<br>6.50%<sup>(1),(4),(7)</sup> | 10/25/36 | 2246771 | 1254005 |
|  CitiMortgage Alternative Loan Trust (07-A5-1A6)<br>6.00%<sup>(7)</sup> | 05/25/37 | 8516548 | 7822351 |
|  Connecticut Avenue Securities Trust (19-R01-2B1)<br>8.86% (1 mo. USD LIBOR + 4.350%)<sup>(1),(2)</sup> | 07/25/31 | 4000000 | 4156644 |
|  Connecticut Avenue Securities Trust (19-R02-1B1)<br>8.66% (1 mo. USD LIBOR + 4.150%)<sup>(1),(2)</sup> | 08/25/31 | 2000000 | 2006436 |
|  Connecticut Avenue Securities Trust (19-R06-2B1)<br>8.26% (1 mo. USD LIBOR + 3.750%)<sup>(1),(2)</sup> | 09/25/39 | 9175000 | 9182703 |
|  Connecticut Avenue Securities Trust (21-R01-1B2)<br>10.31% (SOFR30A + 6.000%)<sup>(1),(2)</sup> | 10/25/41 | 10500000 | 9810944 |
|  Connecticut Avenue Securities Trust (21-R03-1M2)<br>5.96% (SOFR30A + 1.650%)<sup>(1),(2)</sup> | 12/25/41 | 14450000 | 13899519 |
|  Connecticut Avenue Securities Trust 2022-R01 (22-R01-1B1)<br>7.46% (SOFR30A + 3.150%)<sup>(1),(2)</sup> | 12/25/41 | 4305000 | 4099476 |
|  Conseco Finance Securitizations Corp. (00-4-A5)<br>7.97% | 05/01/32 | 45277023 | 9621938 |
|  Conseco Financial Corp. (99-2-A7)<br>6.44% | 12/01/30 | 1173123 | 1189268 |
|  Countrywide Alternative Loan Trust (05-84-1A1)<br>3.39%<sup>(4)</sup> | 02/25/36 | 88853 | 80742 |
|  Countrywide Alternative Loan Trust (05-J1-2A1)<br>5.50% | 02/25/25 | 117425 | 115358 |
|  Countrywide Alternative Loan Trust (07-19-1A34)<br>6.00% | 08/25/37 | 11298233 | 5949334 |
|  Countrywide Home Loans Mortgage Pass-Through Trust (04-13-1A3)<br>5.50% | 08/25/34 | 2746708 | 2595650 |
|  Countrywide Home Loans Mortgage Pass-Through Trust (05-9-1A1)<br>5.11% (1 mo. USD LIBOR + 0.600%)<sup>(2)</sup> | 05/25/35 | 5961604 | 4960715 |
|  Countrywide Home Loans Mortgage Pass-Through Trust (05-HYB5-4A1)<br>3.71%<sup>(4)</sup> | 09/20/35 | 10904 | 9150 |
|  Countrywide Home Loans Mortgage Pass-Through Trust (07-HY5-1A1)<br>3.97%<sup>(4)</sup> | 09/25/47 | 3516 | 2606 |
|  Countrywide Home Loans Mortgage Pass-Through Trust (07-HYB1-1A1)<br>3.59%<sup>(4)</sup> | 03/25/37 | 30548 | 23523 |
|  Credit Suisse First Boston Mortgage Securities Corp. (03-8-4PPA)<br>5.75% | 04/22/33 | 13574 | 12627 |
|  Credit Suisse First Boston Mortgage Securities Corp. (05-11-1A1)<br>6.50%<sup>(7)</sup> | 12/25/35 | 1501914 | 810703 |
|  Credit Suisse First Boston Mortgage Securities Corp. (05-12-1A1)<br>6.50% | 01/25/36 | 6020968 | 1563069 |
|  Credit Suisse Mortgage Trust (21-RP11-PT)<br>3.78%<sup>(1),(4),(7)</sup> | 10/25/61 | 13653131 | 10500893 |
|  Credit-Based Asset Servicing and Securitization LLC (06-CB7-A4)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 10/25/36 | 17329502 | 11614340 |
|  Credit-Based Asset Servicing and Securitization LLC (06-CB9-A4)<br>4.97% (1 mo. USD LIBOR + 0.230%)<sup>(2)</sup> | 11/25/36 | 11971521 | 5759907 |
|  CSMC Mortgage-Backed Trust (06-8-3A1)<br>6.00% | 10/25/21 | 756851 | 379544 |
|  CSMC Mortgage-Backed Trust (06-9-5A1)<br>5.50% | 11/25/36 | 301912 | 247266 |
|  CSMC Mortgage-Backed Trust (07-2-3A4)<br>5.50% | 03/25/37 | 4168827 | 2377392 |
|  CSMC Mortgage-Backed Trust (22-RPL1-PT)<br>4.40%<sup>(1),(4),(7)</sup> | 04/25/61 | 13398048 | 12295129 |
|  CSMCM Trust Certificates (21-RP11-CERT)<br>3.78%<sup>(1)</sup> | 10/27/61 | 577769 | 449236 |
|  CSMCM Trust Certificates (22-RPL1-CERT)<br>4.23%<sup>(1)</sup> | 04/25/61 | 565858 | 512248 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust (05-1-1A3)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 02/25/35 | 3485239 | 3303031 |
|  Deutsche Alt-A Securities, Inc. Mortgage Loan Trust (06-AR6-A6)<br>4.89% (1 mo. USD LIBOR + 0.380%)<sup>(2)</sup> | 02/25/37 | 168247 | 144979 |
|  DSLA Mortgage Loan Trust (05-AR6-2A1A)<br>5.05% (1 mo. USD LIBOR + 0.580%)<sup>(2)</sup> | 10/19/45 | 1677568 | 1444958 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |
|  DSLA Mortgage Loan Trust (06-AR2-2A1A)<br>4.67% (1 mo. USD LIBOR + 0.200%)<sup>(2)</sup> | 10/19/36 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19725996 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13687077 |
|  DSLA Mortgage Loan Trust (07-AR1-2A1A)<br>4.61% (1 mo. USD LIBOR + 0.140%)<sup>(2)</sup> | 03/19/37 | 4227168 | 3384778 |
|  Fieldstone Mortgage Investment Corp. (07-1-2A2)<br>4.93% (1 mo. USD LIBOR + 0.270%)<sup>(2)</sup> | 04/25/47 | 2673545 | 1907058 |
|  First Franklin Mortgage Loan Asset-Backed Certificates (06-FF18-A2C)<br>4.67% (1 mo. USD LIBOR + 0.160%)<sup>(2)</sup> | 12/25/37 | 10009563 | 8973229 |
|  First Franklin Mortgage Loan Asset-Backed Certificates (07-FF1-A2C)<br>4.65% (1 mo. USD LIBOR + 0.140%)<sup>(2)</sup> | 01/25/38 | 3234163 | 1736561 |
|  First Franklin Mortgage Loan Asset-Backed Certificates (07-FF1-A2D)<br>4.73% (1 mo. USD LIBOR + 0.220%)<sup>(2)</sup> | 01/25/38 | 15829918 | 8545637 |
|  First Franklin Mortgage Loan Trust (06-FF12-A1)<br>4.61% (1 mo. USD LIBOR + 0.105%)<sup>(2)</sup> | 09/25/36 | 5563048 | 5008696 |
|  First Franklin Mortgage Loan Trust (06-FF9-2A4)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 06/25/36 | 9068000 | 8043354 |
|  First Franklin Mortgage Loan Trust (07-FF2-A1)<br>4.65% (1 mo. USD LIBOR + 0.140%)<sup>(2)</sup> | 03/25/37 | 33570006 | 18322170 |
|  First Franklin Mortgage Loan Trust (07-FF2-A2C)<br>4.66% (1 mo. USD LIBOR + 0.150%)<sup>(2)</sup> | 03/25/37 | 36382414 | 18390026 |
|  First Horizon Alternative Mortgage Securities Trust (05-AA3-3A1)<br>4.19%<sup>(4),(7)</sup> | 05/25/35 | 1223539 | 1109479 |
|  First Horizon Alternative Mortgage Securities Trust (05-AA7-1A1)<br>3.86%<sup>(4),(7)</sup> | 09/25/35 | 1471369 | 1320943 |
|  First Horizon Alternative Mortgage Securities Trust (05-AA7-2A1)<br>3.92%<sup>(4),(7)</sup> | 09/25/35 | 870346 | 755481 |
|  First Horizon Alternative Mortgage Securities Trust (06-AA7-A1)<br>4.18%<sup>(4),(7)</sup> | 01/25/37 | 4466349 | 3352726 |
|  Freddie Mac (21-DNA7-B1)<br>7.96% (SOFR30A + 3.650%)<sup>(1),(2)</sup> | 11/25/41 | 14650000 | 13974268 |
|  Freddie Mac (21-HQA2-B1)<br>7.46% (SOFR30A + 3.150%)<sup>(1),(2)</sup> | 12/25/33 | 6000000 | 5169822 |
|  Freddie Mac (22-DNA1-M2)<br>6.81% (SOFR30A + 2.500%)<sup>(1),(2)</sup> | 01/25/42 | 13850000 | 12943556 |
|  Fremont Home Loan Trust (05-E-2A4)<br>5.17% (1 mo. USD LIBOR + 0.660%)<sup>(2)</sup> | 01/25/36 | 9082574 | 8473010 |
|  GMACM Mortgage Loan Trust (05-AR5-2A1)<br>4.15%<sup>(4)</sup> | 09/19/35 | 1703431 | 1211243 |
|  GreenPoint Mortgage Funding Trust (05-AR3-1A1)<br>4.99% (1 mo. USD LIBOR + 0.480%)<sup>(2)</sup> | 08/25/45 | 217313 | 166978 |
|  GreenPoint Mortgage Funding Trust (06-AR5-A2A2)<br>4.81% (1 mo. USD LIBOR + 0.150%)<sup>(2),(8)</sup> | 10/25/46 | 29 |  |
|  GS Mortgage-Backed Securities Trust (22-PJ6-A3)<br>2.50%<sup>(1),(4)</sup> | 01/25/53 | 5929543 | 4947462 |
|  GSAA Home Equity Trust (05-7-AF5)<br>5.11% | 05/25/35 | 73531 | 70204 |
|  GSR Mortgage Loan Trust (04-9-3A1)<br>3.50%<sup>(4)</sup> | 08/25/34 | 1154784 | 1057427 |
|  GSR Mortgage Loan Trust (06-OA1-2A2)<br>5.03% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 08/25/46 | 42649434 | 11971347 |
|  GSR Mortgage Loan Trust (07-3F-3A7)<br>6.00%<sup>(7)</sup> | 05/25/37 | 4649925 | 3380929 |
|  GSR Mortgage Loan Trust (07-AR2-2A1)<br>3.95%<sup>(4)</sup> | 05/25/37 | 1554947 | 956626 |
|  GSR Mortgage Loan Trust (07-AR2-5A1A)<br>4.31%<sup>(4)</sup> | 05/25/37 | 606181 | 526637 |
|  HarborView Mortgage Loan Trust (06-1-1A1A)<br>4.99% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 03/19/36 | 22443558 | 14682479 |
|  HarborView Mortgage Loan Trust (07-3-1A1A)<br>4.87% (1 mo. USD LIBOR + 0.200%)<sup>(2)</sup> | 05/19/47 | 9478525 | 7954739 |
|  HSI Asset Loan Obligation Trust (07-2-2A12)<br>6.00% | 09/25/37 | 565966 | 444251 |
|  HSI Asset Securitization Corp. (06-HE2-1A)<br>4.77% (1 mo. USD LIBOR + 0.260%)<sup>(2)</sup> | 12/25/36 | 35608592 | 15171988 |
|  HSI Asset Securitization Corp. (06-WMC1-A3)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 07/25/36 | 24335704 | 10923037 |
|  Impac CMB Trust (05-1-1A1)<br>5.03% (1 mo. USD LIBOR + 0.520%)<sup>(2)</sup> | 04/25/35 | 422892 | 389358 |
|  Impac CMB Trust (05-5-A2)<br>4.95% (1 mo. USD LIBOR + 0.220%)<sup>(2)</sup> | 08/25/35 | 2161299 | 1940042 |
|  Impac Secured Assets Trust (06-3-A1)<br>4.85% (1 mo. USD LIBOR + 0.340%)<sup>(2)</sup> | 11/25/36 | 3732828 | 3300699 |
|  IndyMac Index Mortgage Loan Trust (04-AR4-2A)<br>4.00%<sup>(4)</sup> | 08/25/34 | 2393308 | 2265444 |
|  IndyMac Index Mortgage Loan Trust (04-AR9-4A)<br>4.19%<sup>(4)</sup> | 11/25/34 | 239192 | 222418 |
|  IndyMac Index Mortgage Loan Trust (05-AR17-3A1)<br>3.53%<sup>(4)</sup> | 09/25/35 | 2513463 | 1744995 |
|  IndyMac Index Mortgage Loan Trust (05-AR23-2A1)<br>3.53%<sup>(4)</sup> | 11/25/35 | 1629526 | 1347543 |
|  IndyMac Index Mortgage Loan Trust (05-AR23-6A1)<br>3.20%<sup>(4)</sup> | 11/25/35 | 2455583 | 2070258 |
|  IndyMac Index Mortgage Loan Trust (05-AR25-2A1)<br>3.35%<sup>(4)</sup> | 12/25/35 | 1251332 | 1116266 |
|  IndyMac Index Mortgage Loan Trust (05-AR7-2A1)<br>2.72%<sup>(4)</sup> | 06/25/35 | 776604 | 615514 |
|  IndyMac Index Mortgage Loan Trust (06-AR39-A1)<br>4.87% (1 mo. USD LIBOR + 0.180%)<sup>(2)</sup> | 02/25/37 | 4324478 | 3658339 |
|  IndyMac Index Mortgage Loan Trust (07-AR11-1A1)<br>2.90%<sup>(4)</sup> | 06/25/37 | 11536 | 9935 |
|  IndyMac Index Mortgage Loan Trust (07-AR5-2A1)<br>3.02%<sup>(4)</sup> | 05/25/37 | 8416832 | 7027509 |
|  IndyMac Index Mortgage Loan Trust (07-AR7-1A1)<br>3.14%<sup>(4)</sup> | 11/25/37 | 1553246 | 1256271 |
|  IndyMac INDX Mortgage Loan Trust (06-AR6-2A1A)<br>4.91% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 06/25/46 | 7337932 | 6713092 |
|  JPMorgan Alternative Loan Trust (06-A2-5A1)<br>3.46%<sup>(4),(7)</sup> | 05/25/36 | 3163530 | 1885294 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |
|  JPMorgan Alternative Loan Trust (06-A4-A8)<br>3.51%<sup>(4),(7)</sup> | 09/25/36 | $238327 | $252630 |
|  JPMorgan Mortgage Acquisition Corp. (06-CH2-AF4)<br>5.76% | 10/25/36 | 3903144 | 2445602 |
|  JPMorgan Mortgage Acquisition Trust (06-WMC4-A3)<br>4.63% (1 mo. USD LIBOR + 0.120%)<sup>(2)</sup> | 12/25/36 | 26040504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13753236 |
|  JPMorgan Mortgage Trust (05-A6-7A1)<br>3.96%<sup>(4)</sup> | 08/25/35 | 111847 | 92841 |
|  JPMorgan Mortgage Trust (06-A2-5A3)<br>4.18%<sup>(4)</sup> | 11/25/33 | 465136 | 450558 |
|  JPMorgan Mortgage Trust (06-A4-1A4)<br>3.50%<sup>(4)</sup> | 06/25/36 | 202346 | 153504 |
|  JPMorgan Mortgage Trust (06-A7-2A4R)<br>3.85%<sup>(4)</sup> | 01/25/37 | 8172 | 6337 |
|  Lehman Mortgage Trust (06-4-4A1)<br>6.00% | 08/25/21 | 521081 | 382608 |
|  Lehman XS Trust (06-10N-1A3A)<br>4.93% (1 mo. USD LIBOR + 0.420%)<sup>(2)</sup> | 07/25/46 | 6611191 | 6028535 |
|  Lehman XS Trust (06-12N-A31A)<br>4.91% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 08/25/46 | 2014095 | 1936796 |
|  Lehman XS Trust (06-9-A1B)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2),(8)</sup> | 05/25/46 | 312 |  |
|  Lehman XS Trust (06-GP2-3A1)<br>4.91% (1 mo. USD LIBOR + 0.400%)<sup>(2)</sup> | 06/25/46 | 10470376 | 9283848 |
|  Lehman XS Trust (06-GP4-3A5)<br>4.96% (1 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 08/25/46 | 7227287 | 6908834 |
|  LHOME Mortgage Trust (21-RTL3-A1)<br>2.36% <sup>(1)</sup> | 09/25/26 | 21225000 | 20133492 |
|  MASTR Alternative Loans Trust (05-4-1A1)<br>6.50% | 05/25/35 | 4177773 | 3548589 |
|  MASTR Alternative Loans Trust (06-2-2A1)<br>4.91% (1 mo. USD LIBOR + 0.400%)<sup>(2),(7),(8)</sup> | 03/25/36 | 65546 | 7399 |
|  MASTR Asset Securitization Trust (06-3-2A1)<br>4.96% (1 mo. USD LIBOR + 0.450%)<sup>(2)</sup> | 10/25/36 | 28197 | 4505 |
|  MASTR Asset-Backed Securities Trust (06-AB1-A4)<br>6.22% | 02/25/36 | 214757 | 176638 |
|  MASTR Asset-Backed Securities Trust (06-HE5-A3)<br>4.83% (1 mo. USD LIBOR + 0.160%)<sup>(2)</sup> | 11/25/36 | 14398389 | 8634913 |
|  MASTR Seasoned Securitization Trust (04-1-4A1)<br>4.22%<sup>(4)</sup> | 10/25/32 | 3474 | 3348 |
|  Merrill Lynch Alternative Note Asset Trust (07-A1-A2C)<br>4.97% (1 mo. USD LIBOR + 0.460%)<sup>(2)</sup> | 01/25/37 | 1520528 | 491779 |
|  Merrill Lynch Alternative Note Asset Trust (07-A1-A3)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 01/25/37 | 782159 | 262846 |
|  Merrill Lynch First Franklin Mortgage Loan Trust (07-1-A2B)<br>4.85% (1 mo. USD LIBOR + 0.340%)<sup>(2)</sup> | 04/25/37 | 34861550 | 13932223 |
|  Merrill Lynch First Franklin Mortgage Loan Trust (07-1-A2C)<br>5.01% (1 mo. USD LIBOR + 0.500%)<sup>(2)</sup> | 04/25/37 | 19454407 | 7858952 |
|  Merrill Lynch First Franklin Mortgage Loan Trust (07-1-A2D)<br>5.19% (1 mo. USD LIBOR + 0.680%)<sup>(2)</sup> | 04/25/37 | 4967170 | 2030225 |
|  Merrill Lynch First Franklin Mortgage Loan Trust (07-2-A2C)<br>4.99% (1 mo. USD LIBOR + 0.240%)<sup>(2)</sup> | 05/25/37 | 4352955 | 3418644 |
|  Merrill Lynch First Franklin Mortgage Loan Trust (07-3-A2B)<br>4.77% (1 mo. USD LIBOR + 0.130%)<sup>(2)</sup> | 06/25/37 | 1848816 | 1660522 |
|  Merrill Lynch First Franklin Mortgage Loan Trust (07-4-2A3)<br>4.67% (1 mo. USD LIBOR + 0.160%)<sup>(2)</sup> | 07/25/37 | 24808304 | 21835335 |
|  Merrill Lynch Mortgage-Backed Securities Trust (07-2-1A1)<br>7.11% (U.S. 1-year Treasury Constant Maturity Rate + 2.400%)<sup>(2),(7)</sup> | 08/25/36 | 550549 | 484866 |
|  Mid-State Trust (05-1-A)<br>5.75% | 01/15/40 | 1262760 | 1246664 |
|  Morgan Stanley ABS Capital I, Inc. Trust (04-NC8-M2)<br>5.47% (1 mo. USD LIBOR + 0.960%)<sup>(2)</sup> | 09/25/34 | 400447 | 390040 |
|  Morgan Stanley Home Equity Loan Trust (06-2-A4)<br>5.07% (1 mo. USD LIBOR + 0.560%)<sup>(2)</sup> | 02/25/36 | 616599 | 605952 |
|  Morgan Stanley Mortgage Loan Trust (07-3XS-2A6)<br>6.26% | 01/25/47 | 2131692 | 685644 |
|  Morgan Stanley Mortgage Loan Trust (07-7AX-2A1)<br>4.75% (1 mo. USD LIBOR + 0.240%)<sup>(2)</sup> | 04/25/37 | 2709279 | 813045 |
|  MortgageIT Trust (05-4-A1)<br>5.07% (1 mo. USD LIBOR + 0.560%)<sup>(2)</sup> | 10/25/35 | 594446 | 577516 |
|  New Century Home Equity Loan Trust (06-1-A2B)<br>4.87% (1 mo. USD LIBOR + 0.360%)<sup>(2)</sup> | 05/25/36 | 11880666 | 11605638 |
|  Oakwood Mortgage Investors, Inc. (02-A-A4)<br>6.97%<sup>(4)</sup> | 03/15/32 | 224539 | 222816 |
|  Oakwood Mortgage Investors, Inc. (99-E-A1)<br>7.61%<sup>(4)</sup> | 03/15/30 | 5885957 | 3801266 |
|  Ownit Mortgage Loan Asset-Backed Certificates (06-6-A2C)<br>4.83% (1 mo. USD LIBOR + 0.320%)<sup>(2)</sup> | 09/25/37 | 15220544 | 7568091 |
|  PRET LLC (21-RN3-A1)<br>1.84%<sup>(1)</sup> | 09/25/51 | 8043391 | 7365053 |
|  PRET LLC (22-RN1-A1)<br>3.72%<sup>(1)</sup> | 07/25/51 | 17393187 | 16431307 |
|  Pretium Mortgage Credit Partners LLC (22-RN3-A2)<br>6.50%<sup>(1),(4)</sup> | 08/25/52 | 17115000 | 15671228 |
|  PRPM LLC (21-10-A1)<br>2.49%<sup>(1)</sup> | 10/25/26 | 14746469 | 13980242 |
|  PRPM LLC (21-9-A1)<br>2.36%<sup>(1)</sup> | 10/25/26 | 7904881 | 7455850 |
|  PRPM LLC (22-1-A1)<br>3.72%<sup>(1)</sup> | 02/25/27 | 13400850 | 12698244 |
|  PRPM LLC (22-2-A1)<br>5.00%<sup>(1)</sup> | 03/25/27 | 12872844 | 12333675 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |
|  PRPM LLC (22-3-A1)<br>5.56%<sup>(1)</sup> | 06/25/27 | $16810370 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16367741 |
|  RAAC Series Trust (05-SP1-4A1)<br>7.00% | 09/25/34 | 1096781 | 880494 |
|  RALI Trust (05-QA13-2A1)<br>4.58%<sup>(4),(7)</sup> | 12/25/35 | 394551 | 317468 |
|  RALI Trust (05-QA7-A21)<br>3.92%<sup>(4),(7)</sup> | 07/25/35 | 1034300 | 965723 |
|  Residential Accredit Loans, Inc. (05-QA8-CB21)<br>4.38%<sup>(4),(7)</sup> | 07/25/35 | 2784145 | 1596737 |
|  Residential Accredit Loans, Inc. (06-QA1-A21)<br>4.84%<sup>(4),(7)</sup> | 01/25/36 | 9378 | 7352 |
|  Residential Accredit Loans, Inc. (06-QA10-A2)<br>4.87% (1 mo. USD LIBOR + 0.360%)<sup>(2)</sup> | 12/25/36 | 7395644 | 5960483 |
|  Residential Accredit Loans, Inc. (06-QA2-1A1)<br>4.76% (1 mo. USD LIBOR + 0.250%)<sup>(2),(7)</sup> | 02/25/36 | 11948 | 7822 |
|  Residential Accredit Loans, Inc. (06-QS10-AV) (I/O)<br>0.57%<sup>(4),(8)</sup> | 08/25/36 | 19344351 | 360083 |
|  Residential Accredit Loans, Inc. (06-QS5-A5)<br>6.00%<sup>(7)</sup> | 05/25/36 | 2245094 | 1817593 |
|  Residential Accredit Loans, Inc. (06-QS6-1AV) (I/O)<br>0.77%<sup>(4),(8)</sup> | 06/25/36 | 26000897 | 561690 |
|  Residential Accredit Loans, Inc. (06-QS7-AV) (I/O)<br>0.71%<sup>(4),(8)</sup> | 06/25/36 | 5280860 | 88613 |
|  Residential Accredit Loans, Inc. (07-QS1-2AV) (I/O)<br>0.17%<sup>(4),(8)</sup> | 01/25/37 | 1372737 | 7739 |
|  Residential Accredit Loans, Inc. (07-QS2-AV) (I/O)<br>0.33%<sup>(4),(8)</sup> | 01/25/37 | 9605742 | 104643 |
|  Residential Accredit Loans, Inc. (07-QS3-AV) (I/O)<br>0.36%<sup>(4),(8)</sup> | 02/25/37 | 42865788 | 496875 |
|  Residential Accredit Loans, Inc. (07-QS4-3AV) (I/O)<br>0.36%<sup>(4),(8)</sup> | 03/25/37 | 5017238 | 57268 |
|  Residential Accredit Loans, Inc. (07-QS5-AV) (I/O)<br>0.29%<sup>(4),(8)</sup> | 03/25/37 | 6335836 | 55805 |
|  Residential Accredit Loans, Inc. (07-QS6-A45)<br>5.75%<sup>(7)</sup> | 04/25/37 | 1432261 | 1157380 |
|  Residential Accredit Loans, Inc. (07-QS8-AV) (I/O)<br>0.42%<sup>(4),(8)</sup> | 06/25/37 | 10220333 | 155162 |
|  Residential Asset Securitization Trust (07-A3-1A4)<br>5.75% | 04/25/37 | 2301148 | 1237199 |
|  Residential Funding Mortgage Securities I (05-SA5-2A)<br>4.30%<sup>(4),(7)</sup> | 11/25/35 | 8432 | 7154 |
|  Residential Funding Mortgage Securities I (06-S9-A3) (PAC)<br>5.75%<sup>(7)</sup> | 09/25/36 | 308835 | 244566 |
|  Residential Funding Mortgage Securities I (07-S2-A9)<br>6.00%<sup>(7)</sup> | 02/25/37 | 3030629 | 2428806 |
|  Residential Funding Mortgage Securities I (07-SA2-2A2)<br>3.89%<sup>(4),(7)</sup> | 04/25/37 | 8894 | 6625 |
|  Roc Mortgage Trust (21-RTL1-A1)<br>2.49%<sup>(1),(4)</sup> | 08/25/26 | 16300000 | 15381875 |
|  Saxon Asset Securities Trust (06-3-A3)<br>4.85% (1 mo. USD LIBOR + 0.170%)<sup>(2)</sup> | 10/25/46 | 3403629 | 3319053 |
|  Saxon Asset Securities Trust (07-2-A2C)<br>4.75% (1 mo. USD LIBOR + 0.240%)<sup>(2)</sup> | 05/25/47 | 10671994 | 8057487 |
|  Saxon Asset Securities Trust (07-2-A2D)<br>4.81% (1 mo. USD LIBOR + 0.300%)<sup>(2)</sup> | 05/25/47 | 12414107 | 9375654 |
|  Securitized Asset Backed Receivables LLC Trust (06-WM4-A1)<br>4.89% (1 mo. USD LIBOR + 0.380%)<sup>(1),(2)</sup> | 11/25/36 | 27230984 | 13476994 |
|  Securitized Asset Backed Receivables LLC Trust (07-BR2-A1)<br>4.69% (1 mo. USD LIBOR + 0.180%)<sup>(1),(2)</sup> | 02/25/37 | 20345308 | 17317609 |
|  Securitized Asset-Backed Receivables LLC Trust (06-CB1-AF2)<br>2.89% | 01/25/36 | 2820547 | 2258000 |
|  Securitized Asset-Backed Receivables LLC Trust (07-BR1-A2C)<br>4.85% (1 mo. USD LIBOR + 0.340%)<sup>(2)</sup> | 02/25/37 | 7685827 | 3551857 |
|  Securitized Asset-Backed Receivables LLC Trust (07-BR2-A2)<br>4.74% (1 mo. USD LIBOR + 0.230%)<sup>(2)</sup> | 02/25/37 | 26320441 | 12288500 |
|  Securitized Asset-Backed Receivables LLC Trust (07-NC2-A2B)<br>4.65% (1 mo. USD LIBOR + 0.140%)<sup>(2)</sup> | 01/25/37 | 12273586 | 10381896 |
|  Sequoia Mortgage Trust (03-8-A1)<br>5.13% (1 mo. USD LIBOR + 0.640%)<sup>(2)</sup> | 01/20/34 | 354709 | 337082 |
|  SG Mortgage Securities Trust (07-NC1-A2)<br>4.75% (1 mo. USD LIBOR + 0.240%)<sup>(1),(2)</sup> | 12/25/36 | 15488407 | 9684650 |
|  Soundview Home Equity Loan Trust (07-OPT3-2A4)<br>4.76% (1 mo. USD LIBOR + 0.250%)<sup>(2)</sup> | 08/25/37 | 4000000 | 3616772 |
|  Structured Adjustable Rate Mortgage Loan Trust (04-12-2A)<br>4.13%<sup>(4)</sup> | 09/25/34 | 469859 | 455200 |
|  Structured Adjustable Rate Mortgage Loan Trust (04-14-2A)<br>4.16%<sup>(4)</sup> | 10/25/34 | 941825 | 909436 |
|  Structured Adjustable Rate Mortgage Loan Trust (06-2-3A1)<br>4.23%<sup>(4)</sup> | 03/25/36 | 7621461 | 7281122 |
|  Structured Adjustable Rate Mortgage Loan Trust (06-2-5A1)<br>3.81%<sup>(4)</sup> | 03/25/36 | 231296 | 172025 |
|  Structured Adjustable Rate Mortgage Loan Trust (06-4-5A1)<br>4.00%<sup>(4)</sup> | 05/25/36 | 1334965 | 999669 |
|  Structured Adjustable Rate Mortgage Loan Trust (06-5-1A1)<br>3.60%<sup>(4),(7)</sup> | 06/25/36 | 1498769 | 1329308 |
|  Structured Adjustable Rate Mortgage Loan Trust (07-1-1A1)<br>3.40%<sup>(4)</sup> | 02/25/37 | 1513550 | 843924 |
|  Structured Asset Mortgage Investments II Trust (07-AR4-A5)<br>4.73% (1 mo. USD LIBOR + 0.220%)<sup>(2)</sup> | 09/25/47 | 13058658 | 11517863 |
|  Structured Asset Securities Corp. (05-2XS-1A5B)<br>5.15% | 02/25/35 | 1 | 1 |
|  SunTrust Adjustable Rate Mortgage Loan Trust (07-2-2A1)<br>2.59%<sup>(4)</sup> | 04/25/37 | 92700 | 55975 |
|  SunTrust Adjustable Rate Mortgage Loan Trust (07-3-1A1)<br>3.10%<sup>(4)</sup> | 06/25/37 | 2542 | 1752 |
|  SunTrust Adjustable Rate Mortgage Loan Trust (07-S1-2A1)<br>4.40%<sup>(4)</sup> | 01/25/37 | 225593 | 218932 |
|  Wachovia Mortgage Loan Trust LLC (06-AMN1-A3)<br>1.61% (1 mo. USD LIBOR + 0.480%)<sup>(2)</sup> | 08/25/36 | 5660487 | 2229515 |
|  WaMu Mortgage Pass-Through Certificates (04-AR14-A1)<br>4.08%<sup>(4)</sup> | 01/25/35 | 2441112 | 2225347 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | |
|:---|:---|:---|:---|
| **Issues** | **Maturity<br>Date** | **Principal<br>Amount** | **Value** |
|  **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** | **RESIDENTIAL MORTGAGE-BACKED SECURITIES—NON-AGENCY (Continued)** |  |  |
|  WaMu Mortgage Pass-Through Certificates (05-AR14-2A1)<br>3.77%<sup>(4)</sup> | 12/25/35 | $563142 | $513073 |
|  WaMu Mortgage Pass-Through Certificates (05-AR18-1A1)<br>3.97%<sup>(4)</sup> | 01/25/36 | 858397 | 788247 |
|  WaMu Mortgage Pass-Through Certificates (06-AR1-2A1A)<br>3.50% (12 mo. Monthly Treasury Average Index + 1.070%)<sup>(2)</sup> | 01/25/46 | 5865978 | 5406781 |
|  WaMu Mortgage Pass-Through Certificates (06-AR11-1A)<br>3.39% (12 mo. Monthly Treasury Average Index + 0.960%)<sup>(2),(7)</sup> | 09/25/46 | 2037106 | 1674713 |
|  WaMu Mortgage Pass-Through Certificates (06-AR17-1A1A)<br>2.86% (12 mo. Monthly Treasury Average Index + 0.810%)<sup>(2)</sup> | 12/25/46 | 2099772 | 1854523 |
|  Washington Mutual Alternative Mortgage Pass-Through Certificates (02-AR1-1A1)<br>4.38%<sup>(4)</sup> | 11/25/30 | 24491 | 24071 |
|  Washington Mutual Alternative Mortgage Pass-Through Certificates (06-1-3A2)<br>5.75%<sup>(7)</sup> | 02/25/36 | 487336 | 442130 |
|  Washington Mutual Alternative Mortgage Pass-Through Certificates (06-5-1A1)<br>5.11% (1 mo. USD LIBOR + 0.600%)<sup>(2),(7)</sup> | 07/25/36 | 1122419 | 717175 |
|  Washington Mutual Alternative Mortgage Pass-Through Certificates (06-AR10-A2A)<br>4.85% (1 mo. USD LIBOR + 0.340%)<sup>(2)</sup> | 12/25/36 | 1698947 | 1483970 |
|  Washington Mutual Alternative Mortgage Pass-Through Certificates (07-OA3-5A)<br>3.68% (12 mo. Monthly Treasury Average Index + 0.960%)<sup>(2),(7)</sup> | 04/25/47 | 924922 | 775725 |
|  Washington Mutual Alternative Mortgage Pass-Through Certificates (07-OC2-A3)<br>5.13% (1 mo. USD LIBOR + 0.620%)<sup>(2)</sup> | 06/25/37 | 2500831 | 2239541 |
|  Washington Mutual Asset-Backed Certificates (06-HE1-2A4)<br>4.23% (1 mo. USD LIBOR + 0.560%)<sup>(2)</sup> | 04/25/36 | 1557655 | 1529564 |
|  Washington Mutual Asset-Backed Certificates (07-HE2-2A1)<br>4.61% (1 mo. USD LIBOR + 0.100%)<sup>(2)</sup> | 02/25/37 | 15611820 | 4591945 |
|  Wells Fargo Home Equity Asset-Backed Securities (07-1-A3)<br>5.15% (1 mo. USD LIBOR + 0.640%)<sup>(2)</sup> | 03/25/37 | 5521000 | 4892365 |
|  Wells Fargo Mortgage-Backed Securities Trust (06-AR11-A6)<br>4.05%<sup>(4),(7)</sup> | 08/25/36 | 985652 | 885106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Residential Mortgage-Backed Securities — Non-Agency**<br>(Cost: $1,145,373,242) |  |  | 1072381140 |
|  **U.S. TREASURY SECURITIES**—**3.5%** |  |  |  |
|  U.S. Treasury Bond<br>4.00% | 11/15/52 | 9575000 | 10243006 |
|  U.S. Treasury Note |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38% | 02/15/42 | 880000 | 711906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% | 01/31/28 | 45490000 | 45292758 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 01/31/25 | 30235000 | 30203112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% | 11/15/32 | $16900000 | $17788570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Securities** (Cost: $104,032,767) |  |  | 104239352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Fixed Income Securities** (Cost: $3,971,912,173) |  |  | 3760306101 |
|  |  | **Shares** |  |
|  **MONEY MARKET INVESTMENTS**—**1.6%** |  |  |  |
|  State Street Institutional U.S. Government Money Market Fund — Premier Class 4.18%<sup>(9)</sup> |  | 49779293 | 49779293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Investments** (Cost: $49,779,293) |  |  | 49779293 |
|  **Total Investments (126.2%)** (Cost: $4,021,691,466) |  |  | 3810085394 |
|  **Liabilities In Excess Of Other Assets (-26.2%)** |  |  | (790546365) |
|  **Net Assets (100.0%)** |  |  | $3019539029 |

---

------

---

| |
|:---|
| **TCW Total Return Bond Fund** |
| SCHEDULE OF INVESTMENTS January 31, 2023 (Unaudited) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** | **FUTURES CONTRACTS** |
| **Number of<br>Contracts** | **Type** | **Type** | **Expiration**<br>**Date** | **Notional** | **Market Value** | **Net<br>Unrealized<br>Appreciation<br>(Depreciation)** |
|  **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** | **Long Futures** |
| 2511 | 2-Year U.S Treasury Note Futures | 2-Year U.S Treasury Note Futures | 03/31/23 | $514318352 | $516383228 | $2064876 |
| 2618 | 5-Year U.S Treasury Note Futures | 5-Year U.S Treasury Note Futures | 03/31/23 | 282728299 | 285996048 | 3267749 |
| 37 | 10-Year U.S. Treasury Note Futures | 10-Year U.S. Treasury Note Futures | 03/22/23 | 4398578 | 4484516 | 85938 |
| 2065 | U.S. Ultra Long Bond Futures | U.S. Ultra Long Bond Futures | 03/22/23 | 277182366 | 292713750 | 15531384 |
|  |  |  |  | **$1078627595** | **$1099577542** | **$20949947** |
|  **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** | **FORWARD CURRENCY EXCHANGE CONTRACTS** |
| **Counterparty** | **Contracts to<br>Deliver** | **Units of<br>Currency** | **Settlement<br>Date** | **In Exchange for<br>U.S. Dollars** | **Contracts at<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  **SELL *<sup>(10)</sup>*** |  |  |  |  |  |  |
|  Citibank N.A. | EUR | 8569000 | 04/13/23 | 9264999 | 9347165 | (82166) |

---

---

| | |
|:---|:---|
| **Notes to the Schedule of Investments:** | **Notes to the Schedule of Investments:** |
| ABS | Asset-Backed Securities. |
| ARM | Adjustable Rate Mortgage. |
| CLO | Collateralized Loan Obligation. |
| I/F | Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates. |
| I/O | Interest Only Security. |
| PAC | Planned Amortization Class. |
| P/O | Principal Only Security. |
| SOFR | Secured Overnight Financing Rate. |
| TAC | Target Amortization Class. |
| TBA | To Be Announced. |
| EUR | Euro Currency. |
| (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 January 31, 2023, the value of these securities amounted to $1,084,581,015 or 35.9% 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 January 31, 2023. |
| (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) | 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) | Security is not accruing interest. |
| (6) | 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. |
| (7) | A portion of the principal balance has been written-off during the period due to defaults in the underlying loans. Cost basis has been adjusted. |
| (8) | For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs. |
| (9) | Rate disclosed is the 7-day net yield as of January 31, 2023. |
| (10) | Fund sells foreign currency, buys U.S. Dollar. |

---

------

**TCW Total Return Bond Fund** 

Investments by Sector (Unaudited) January 31, 2023

---

| | |
|:---|:---|
| **Sector** | **Percentage of**<br>**Net Assets** |
|  Residential Mortgage-Backed Securities—Agency | 63.5% |
|  Residential Mortgage-Backed Securities—Non-Agency | 35.5 |
|  Asset-Backed Securities | 11.9 |
|  Commercial Mortgage-Backed Securities—Non-Agency | 9.8 |
|  U.S. Treasury Securities | 3.5 |
|  Money Market Investments | 1.6 |
|  Commercial Mortgage-Backed Securities—Agency | 0.4 |
|  Other\* | (26.2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0% |

---

*\** *Includes futures, pending trades, interest receivable and accrued expenses payable*.

------

**TCW Total Return Bond Fund** 

Fair Valuation Summary (Unaudited) January 31, 2023

The following is a summary of the fair valuations according to the inputs used as of January 31, 2023 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; Asset-Backed Securities | $— | $357901845 | $— | $357901845 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Agency |  | 13069808 |  | 13069808 |
| &nbsp;&nbsp;&nbsp;&nbsp; Commercial Mortgage-Backed Securities—Non-Agency |  | 295496401 |  | 295496401 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Agency |  | 1917217555 |  | 1917217555 |
| &nbsp;&nbsp;&nbsp;&nbsp; Residential Mortgage-Backed Securities—Non-Agency |  | 1070485863 | 1895277 | 1072381140 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Securities | 104239352 |  |  | 104239352 |
|  Total Fixed Income Securities | 104239352 | 3654171472 | 1895277 | 3760306101 |
|  Money Market Investments | 49779293 |  |  | 49779293 |
|  Total Investments | $154018645 | $3654171472 | $1895277 | $3810085394 |
|  Asset Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Risk | 20949947 |  |  | 20949947 |
|  Total Investments | $174968592 | $3654171472 | $1895277 | $3831035341 |
|  Liability Derivatives |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Risk | $— | $(82166) | $— | $(82166) |
|  Total | $— | $(82166) | $— | $(82166) |

---

------

**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 contracts, were valued with prices furnished by independent pricing services or by broker-dealers.

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

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

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

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

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

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

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

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

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

------

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

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

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

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

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

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

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

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

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

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

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

------

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

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

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

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

The summary of the inputs used as of January 31, 2023 in valuing the Funds' investments is listed after the Schedule of Investments for each Fund.

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

---

| | | |
|:---|:---|:---|
| **TCW CORE FIXED INCOME FUND** | **ASSET-BACKED**<br>**SECURITIES** | **CORPORATE<br>BONDS** |
|  Balance as of October 31, 2022 | $3965873 | $1160224 |
|  Accrued Discounts (Premiums) |  | (2726) |
|  Realized Gain (Loss) |  |  |
|  Change in Unrealized Appreciation (Depreciation)\* | 125531 | 339436 |
|  Purchases |  |  |
|  Sales | (71640) | (1496934) |
|  Transfers in to Level 3  |  |  |
|  Transfers out of Level 3 |  |  |
|  Balance as of January 31, 2023 | $4019764 | $— |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $(464967) and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

---

| | |
|:---|:---|
| **TCW EMERGING MARKETS INCOME FUND** | **FOREIGN GOVERNMENT**<br>**BONDS** |
|  Balance as of October 31, 2022 | $13179666 |
|  Accrued Discounts (Premiums) |  |
|  Realized Gain (Loss) |  |
|  Change in Unrealized Appreciation (Depreciation)\* | 2125752 |
|  Purchases |  |
|  Sales |  |
|  Transfers in to Level 3  |  |
|  Transfers out of Level 3 |  |
|  Balance as of January 31, 2023 | $15305418 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $2,125,752 and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

------

---

| | | |
|:---|:---|:---|
| **TCW GLOBAL BOND FUND** | **COMMON STOCK** | **RESIDENTIAL<br>MORTGAGE-BACKED<br>SECURITIES —**<br>**NON-AGENCY** |
|  Balance as of October 31, 2022 | $9150 | $54941 |
|  Accrued Discounts (Premiums) |  |  |
|  Realized Gain (Loss) |  | 6506 |
|  Change in Unrealized Appreciation (Depreciation)\* | (1037) | (6641) |
|  Purchases |  |  |
|  Sales |  |  |
|  Transfers in to Level 3  |  |  |
|  Transfers out of Level 3 |  |  |
|  Balance as of January 31, 2023 | $8113 | $54806 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $(7678) and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

---

| | |
|:---|:---|
| **TCW HIGH YIELD BOND FUND** | **CORPORATE BONDS** |
|  Balance as of October 31, 2022 | $180205 |
|  Accrued Discounts (Premiums) | 38731 |
|  Realized Gain (Loss) |  |
|  Change in Unrealized Appreciation (Depreciation)\* | 13566 |
|  Purchases |  |
|  Sales | (232502) |
|  Transfers in to Level 3  |  |
|  Transfers out of Level 3 |  |
|  Balance as of January 31, 2023 |  |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $0 and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

---

| | |
|:---|:---|
| **TCW TOTAL RETURN BOND FUND** | **MORTGAGE-BACKED**<br>**SECURITIES** |
|  Balance as of October 31, 2022 | $1907386 |
|  Accrued Discounts (Premiums) | (56172) |
|  Realized Gain (Loss) | 52 |
|  Change in Unrealized Appreciation (Depreciation)\* | 49365 |
|  Purchases | 193 |
|  Sales | (5547) |
|  Transfers in to Level 3  |  |
|  Transfers out of Level 3 |  |
|  Balance as of January 31, 2023 | $1895277 |

---

*\** *The change in unrealized appreciation (depreciation) on securities still held at January 31, 2023 was $46,174 and is included in the related net realized gains (losses) and net change in appreciation (depreciation) in the Statements of Operations.* 

------

Significant unobservable valuation inputs for Level 3 investments as of January 31, 2023 are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fair Value**<br>**at January 31,**<br>**2023** | **Valuation**<br>**Techniques** | **Unobservable**<br>**Input** | **Price or Price**<br>**Range** | **Average**<br>**Weighted**<br>**Price** | **Impact to**<br>**Valuation**<br>**If Input**<br>**Increases** |
|  **TCW Core Fixed Income Fund** |  |  |  |  |  |  |
|  Asset-Backed Securities | $4019764 | Third-party Vendor | Vendor Prices | $90.023 | $90.023 | Increase |
|  **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** |  |  |
|  Foreign Government Bonds | $15305418 | Third-party Vendor | Vendor Prices | $9.000 | $9.000 | Increase |
|  **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** |  |  |
|  Common Stock | $8113 | Third-party Vendor | Vendor Prices | $23.583 | $23.583 | Increase |
|  Residential Mortgage-Backed Securities — Agency | $54806 | Third-party Vendor | Vendor Prices | $4.378 | $4.378 | Increase |
|  Rights | $0 | Third-party Vendor | Vendor Prices | $0 | $0 | Increase |
|  **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** |  |  |
|  Common Stock | $0 | Third-party Vendor | Vendor Prices | $0 | $0 | Increase |
|  **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** |  |  |
|  Residential Mortgage-Backed Securities — Non-Agency | $1895277 | Third-party Vendor | Vendor Prices | $0.881 - $11.288 | $1.503 | Increase |

---

**Derivative Instruments:** Derivatives are financial instruments which are valued based on the values of one or more indicators, such as a security, asset, currency, interest rate, or index. Derivative transactions can create investment leverage and may be highly volatile. A derivative contract may result in a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. It is possible that a derivative transaction will result in a loss greater than the principal amount invested. The Funds may not be able to close out a derivative transaction at a favorable time or price.

------

For the period ended January 31, 2023, the following Funds had derivatives and transactions in derivatives, grouped in the following risk categories:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** | **TCW Core Fixed Income Fund** |
|  | **Credit Risk** | **Commodity**<br>**Risk** | **Foreign**<br>**Currency Risk** | **Interest Rate**<br>**Risk** | **Total** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $— | $— | $2947292 | $2947292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts*<sup>(</sup>****<sup>1)</sup>*** |  |  |  | 1106138 | 1106138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $— | $4053430 | $4053430 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $— | $— | $(6921931) | $(6921931) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** |  |  |  | (307597) | (307597) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts |  |  | (84862) |  | (84862) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $(84862) | $(7229528) | $(7314390) |
|  **Number of Contracts or Notional Amounts*<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts*<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts*<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts*<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts*<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts*<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts | $— | $— | $9974896 | $— | $9974896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  | 1640 | 1640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $— | $— | $195485000 | $195485000 |
|  **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** | **TCW Emerging Markets Income Fund** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $— | $387415 | $— | $387415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $387415 | $— | $387415 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $— | $(1974740) | $— | $(1974740) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $(1974740) | $— | $(1974740) |
|  **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** |
|  Forward Currency Contracts | $— | $— | $140431965 | $— | $140431965 |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **TCW Emerging Markets Local Currency Income Fund** | **TCW Emerging Markets Local Currency Income Fund** | **TCW Emerging Markets Local Currency Income Fund** | **TCW Emerging Markets Local Currency Income Fund** | **TCW Emerging Markets Local Currency Income Fund** | **TCW Emerging Markets Local Currency Income Fund** |
|  | **Credit Risk** | **Commodity**<br>**Risk** | **Foreign**<br>**Currency Risk** | **Interest Rate**<br>**Risk** | **Total** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $— | $612328 | $— | $612328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $612328 | $— | $612328 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $— | $(542802) | $— | $(542802) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $(542802) | $— | $(542802) |
|  **Notional Amounts *<sup>(2)</sup>*** | **Notional Amounts *<sup>(2)</sup>*** | **Notional Amounts *<sup>(2)</sup>*** | **Notional Amounts *<sup>(2)</sup>*** | **Notional Amounts *<sup>(2)</sup>*** | **Notional Amounts *<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts | $— | $— | $35070357 | $— | $35070357 |
|  **TCW Enhanced Commodity Strategy Fund** | **TCW Enhanced Commodity Strategy Fund** | **TCW Enhanced Commodity Strategy Fund** | **TCW Enhanced Commodity Strategy Fund** | **TCW Enhanced Commodity Strategy Fund** | **TCW Enhanced Commodity Strategy Fund** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $52338 | $— | $— | $52338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $52338 | $— | $— | $52338 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $(786) | $— | $— | $(786) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $(786) | $— | $— | $(786) |
|  **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** | **Notional Amounts*<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $39958907 | $— | $— | $39958907 |
|  **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** | **TCW Global Bond Fund** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $— | $— | $2988 | $2988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** |  |  |  | 26511 | 26511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts |  |  | 78000 |  | 78000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $78000 | $29499 | $107499 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts | $— | $— | $(69111) | $— | $(69111) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** |  |  |  | (22731) | (22731) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $(69111) | $(22731) | $(91842) |
|  **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts | $— | $— | $9197636 | $— | $9197636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  | 41 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swap Agreements | $— | $— | $— | $1153333 | $1153333 |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** | **TCW High Yield Bond Fund** |
|  | **Credit Risk** | **Commodity**<br>**Risk** | **Foreign**<br>**Currency Risk** | **Interest Rate**<br>**Risk** | **Total** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** | $— | $— | $— | $113541 | $113541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $— | $113541 | $113541 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** | $— | $— | $— | $(100210) | $(100210) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts |  |  | (1622) |  | (1622) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $(1622) | $(100210) | $(101832) |
|  **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts | $— | $— | $215829 | $— | $215829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  | 121 | 121 |
|  **TCW Short Term Bond Fund** | **TCW Short Term Bond Fund** | **TCW Short Term Bond Fund** | **TCW Short Term Bond Fund** | **TCW Short Term Bond Fund** | **TCW Short Term Bond Fund** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** | $— | $— | $— | $2374 | $2374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $— | $2374 | $2374 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** | $— | $— | $— | $(38181) | $(38181) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $— | $(38181) | $(38181) |
|  **Number of Contracts *<sup>(2)</sup>*** | **Number of Contracts *<sup>(2)</sup>*** | **Number of Contracts *<sup>(2)</sup>*** | **Number of Contracts *<sup>(2)</sup>*** | **Number of Contracts *<sup>(2)</sup>*** | **Number of Contracts *<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  | 29 | 29 |
|  **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** | **TCW Total Return Bond Fund** |
|  **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts<sup>(</sup>***<sup>1)</sup>*** | $— | $— | $— | $20949947 | $20949947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Value | $— | $— | $— | $20949947 | $20949947 |
|  **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Contracts<sup>(</sup>***<sup>1)</sup>*** | $— | $— | $(82166) | $— | $(82166) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Realized Gain (Loss) | $— | $— | $(82166) | $— | $(82166) |
|  **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** | **Number of Contracts or Notional Amounts *<sup>(2)</sup>*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Currency Contracts | $— | $— | $8746272 | $— | $8746272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures Contracts |  |  |  | 7570 | 7570 |

---

*(1)* *Includes cumulative appreciation (depreciation) of futures contracts as reported in the Schedule of Investments.* 

*(2)* *Amount disclosed represents average number of contracts or notional amounts, which are representative of the volume traded for the period ended January 31, 2023.* 

------

**Note 2 – Portfolio Investments** 

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

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

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

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

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

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

------

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

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

**Dollar Roll Transactions:** The Funds may enter into dollar roll transactions with financial institutions to take advantage of opportunities in the MBS market. A dollar roll transaction involves a simultaneous sale of securities by a Fund with an agreement to repurchase substantially similar securities at an agreed upon price and date, but generally will be collateralized at time of delivery by different pools of mortgages with different prepayment histories than those securities sold. These transactions are accounted for as financing transactions as opposed to sales and purchases. The differential between the sale price and the repurchase price is recorded as deferred income and recognized between the settlement dates of the sale and repurchase. During the period between the sale and repurchase, a Fund will not be entitled to receive interest and principal payments on the securities sold. Dollar roll transactions involve risk that the market value of the security sold by a Fund may decline below the repurchase price of the security and the counterparties may potentially be unable to complete the transaction. There were no such transactions by the Funds for the period ended January 31, 2023.

**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 January 31, 2023.

**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 January 31, 2023.

**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 January 31, 2023.

------

**Derivatives:** 

**Forward Foreign Currency Contracts:** The Funds enter into forward foreign currency contracts as a hedge against fluctuations in foreign exchange rates. Forward foreign currency contracts are marked-to-market daily and the change in market value is recorded by the Funds as unrealized gains or losses in the Statement of Assets and Liabilities. When a contract is closed or delivery is taken, a Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of the foreign currency relative to the U.S. dollar. Outstanding foreign currency forward contracts at January 31, 2023 are disclosed in the Schedule of Investments.

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

When a Fund uses futures contracts for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the transactions, at least in part. When a futures contract is closed, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. The TCW Core Fixed Income Fund, the TCW Global Bond Fund, the TCW High Yield Bond Fund, the TCW Short Term Bond Fund, and the TCW Total Return Bond Fund utilized futures during the period ended January 31, 2023 to help manage interest rate duration of those Funds. Futures contracts outstanding at January 31, 2023 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 a swaption, upon exercise of the option the Fund will become obligated according to the terms of the underlying agreement.

------

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

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

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

During the term of a swap transaction, the periodic net payments can be made for a set period of time or may be triggered by a predetermined credit event. The net periodic payments may be based on a fixed or variable interest rate, the change in market value of a specified security, basket of securities or index, or the return generated by a security. These periodic payments received or made by the Funds are recorded as realized gains and losses, respectively. During the period ended January 31, 2023, the TCW Core Fixed Income Fund and the TCW Global Bond Fund entered into interest rate swaps to manage duration, the yield curve or interest rate risk by economically hedging the value of the fixed rate bonds which may decrease when interest rates rise (interest rate risk); the TCW Enhanced Commodity Strategy Fund used total return swap agreements to gain exposure to the commodity market.

**Note 3 – Restricted Securities** 

The Funds are permitted to invest in securities that have legal or contractual restrictions on resale. These securities may be sold privately, but are required to be registered before being sold to the public (exemption rules apply). Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). However, the Company considers 144A securities to be restricted if those securities have been deemed illiquid. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Restricted securities held by the Funds at January 31, 2023 are listed below:

------

**TCW Enhanced Commodity Strategy Fund** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| Issuer Description | Acquisition<br>Date | Acquisition<br>Cost | Aggregate<br>Value | Percentage<br>of Net Assets |
|  LB-UBS Commercial Mortgage Trust (06-C6 XCL) (I/O), 0.43%, due 09/15/39 | 7/15/16 | $543 | $35 | 0.03% |
| **TCW Global Bond Fund** |  |  |  |  |
| Issuer Description | Acquisition<br>Date | Acquisition<br>Cost | Aggregate<br>Value | Percentage<br>of Net Assets |
|  Intelsat Jackson Holdings S. A., 6.50%, due 03/15/30 | 1/27/22 | $38119 | $35447 | 0.19% |
| **TCW High Yield Bond Fund** |  |  |  |  |
| Issuer Description | Acquisition<br>Date | Acquisition<br>Cost | Aggregate<br>Value | Percentage<br>of Net Assets |
|  Intelsat Jackson Holdings S. A., 6.50%, due 03/15/30 | 1/27/22 | $233603 | $217229 | 0.36% |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TCW FUNDS INC

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

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

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

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

  - **Street Address 1:** 865 SOUTH FIGUEROA STREET

  - **City:** LOS ANGELES

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017

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

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

- **a. Name of Series:** TCW Conservative Allocation Fund

- **b. EDGAR series identifier (if any):** S000013857

- **c. LEI of Series:** 5493001FHIF2738RG054

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $29139248.65

**Total Liabilities:** $38982.97

**Net Assets:** $29100265.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038019 | 4.64%                | -1.86%               | 4.82%                |
| Class ID C000039809 | 4.54%                | -1.78%               | 4.83%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-54472.56               | $1298584.40                                |
| Month 2  | $-33361.81               | $-1070384.72                               |
| Month 3  | $-57817.09               | $1347662.06                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares MSCI EAFE ETF                     | iShares MSCI EAFE ETF                                      | CUSIP: 464287465<br>LEI: 549300O0XO3KDQV68404 | Long             | EC               | RF                | US        |     11810 | NS      | $845005.50    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan West Total Return Bond Fund  | Metropolitan West Total Return Bond Fund                   | CUSIP: 592905509<br>LEI: 549300APUP7QV16M4J34 | Long             | EC               | RF                | US        |    376847 | NS      | $3523520.65   | 12.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan West Unconstrained Bond Fund | Metropolitan West Unconstrained Bond Fund                  | CUSIP: 592905749<br>LEI: 549300ZZVSC0UDZL8M80 | Long             | EC               | RF                | US        |    519653 | NS      | $5456351.69   | 18.75%            |  |  |  | No            |                  1 | On Loan: No      |
| TCW Enhanced Commodity Strategy Fund      | TCW Enhanced Commodity Strategy Fund                       | CUSIP: 872365705<br>LEI: 549300KTGHG28612LQ13 | Long             | EC               | RF                | US        |    113650 | NS      | $736449.28    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Gold Trust                        | iShares Gold Trust                                         | CUSIP: 464285204<br>LEI: 5493006UOY7GXQW0IP42 | Long             | EC               | RF                | US        |      9725 | NS      | $355837.75    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan West High Yield Bond Fund    | Metropolitan West High Yield Bond Fund                     | CUSIP: 592905848<br>LEI: 549300MPRM3I06G1YK96 | Long             | EC               | RF                | US        |     32289 | NS      | $298353.66    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors              | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    236686 | NS      | $236686.20    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Relative Value Large Cap Fund         | TCW Relative Value Large Cap Fund                          | CUSIP: 87234N385<br>LEI: 549300VU707TWDZLN610 | Long             | EC               | RF                | US        |    188898 | NS      | $2521786.06   | 8.67%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Total Return Bond Fund                | TCW Total Return Bond Fund                                 | CUSIP: 87234N880<br>LEI: 549300Y1Y22MX8MB2328 | Long             | EC               | RF                | US        |    441002 | NS      | $3739698.94   | 12.85%            |  |  |  | No            |                  1 | On Loan: No      |
| TCW Global Real Estate Fund               | TCW Global Real Estate Fund                                | CUSIP: 872365796<br>LEI: 549300USSFEYDJ0R1K06 | Long             | EC               | RF                | US        |    120581 | NS      | $1408380.81   | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Emerging Markets Income Fund          | TCW Emerging Markets Income Fund                           | CUSIP: 87234N765<br>LEI: 549300TJW8MTVSLYJW58 | Long             | EC               | RF                | US        |     61257 | NS      | $383466.27    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Global Bond Fund                      | TCW Global Bond Fund                                       | CUSIP: 872365887<br>LEI: 549300LNSLRWNNL82Q34 | Long             | EC               | RF                | US        |     86867 | NS      | $740977.03    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Select Equities Fund                  | TCW Select Equities Fund                                   | CUSIP: 87234N302<br>LEI: 549300RGHXB227I79431 | Long             | EC               | RF                | US        |     93123 | NS      | $2143689.64   | 7.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Artificial Intelligence Equity Fund   | TCW Artificial Intelligence Equity Fund                    | CUSIP: 872365739<br>LEI: 549300C34MM5RC63RT57 | Long             | EC               | RF                | US        |     15900 | NS      | $250901.05    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TCW Relative Value Mid Cap Fund           | TCW Relative Value Mid Cap Fund                            | CUSIP: 87234N799<br>LEI: 549300HXP70OHMZG8D64 | Long             | EC               | RF                | US        |     28586 | NS      | $718948.89    | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan West Low Duration Bond Fund  | Metropolitan West Low Duration Bond Fund                   | CUSIP: 592905608<br>LEI: 549300D28XTSYBVUGU24 | Long             | EC               | RF                | US        |    349872 | NS      | $2910936.62   | 10.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TCW New America Premier Equities Fund     | TCW New America Premier Equities Fund                      | CUSIP: 872365754<br>LEI: 549300TU05OLC2O9RZ68 | Long             | EC               | RF                | US        |    115173 | NS      | $2777963.76   | 9.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** TCW FUNDS INC

**Signature:** Richard Villa

**Name of Signer:** Richard Villa

**Title:** Treasurer