TCW FUNDS, INC.
TCW Emerging Markets Income Fund
(Class I: TGEIX; Class N: TGINX; Plan Class: TGEPX)
TCW Emerging Markets Local Currency Income Fund
(Class I: TGWIX; Class N: TGWNX)
Supplement dated April 23, 2024 to the Prospectus and
the applicable Summary Prospectus
each dated March 1, 2024, as supplemented
For current and prospective investors in each fund specified below (each, a “Fund”):
TCW Emerging Markets Income Fund
Effective May 1, 2024, Christopher Hays and Jae H. Lee will be added as portfolio managers for the Fund and Javier Segovia will no longer serve as a portfolio manager for the Fund.
Therefore, effective May 1, 2024, the disclosure under the heading “Portfolio Managers” for the Fund is deleted in its entirety and replaced with the following:
The portfolio managers for the Fund are:
| Name |
Experience with the Fund |
|
Primary Title with Investment Advisor | |||||||||
| Penelope D. Foley (Lead Portfolio Manager) |
14 years | Group Managing Director | ||||||||||
| David I. Robbins (Lead Portfolio Manager) |
14 years | Group Managing Director | ||||||||||
| Alex Stanojevic (Lead Portfolio Manager) |
6 years | Group Managing Director | ||||||||||
| Christopher Hays (Co-Manager) |
Since May 2024 | Managing Director | ||||||||||
| Jae H. Lee (Co-Manager) |
Since May 2024 | Managing Director | ||||||||||
TCW Emerging Markets Local Currency Income Fund
Effective May 1, 2024, Jae H. Lee will be added as a portfolio manager for the Fund.
Therefore, effective May 1, 2024, the disclosure under the heading “Portfolio Managers” for the Fund is deleted in its entirety and replaced with the following:
The portfolio managers for the Fund are:
| Name |
Experience with the Fund |
|
Primary Title with Investment Advisor | |||||||||
| Penelope D. Foley (Lead Portfolio Manager) |
13 years (Since inception of the Fund) |
Group Managing Director | ||||||||||
| David I. Robbins (Lead Portfolio Manager) |
13 years (Since inception of the Fund) |
Group Managing Director | ||||||||||
| Alex Stanojevic (Lead Portfolio Manager) |
6 years | Group Managing Director | ||||||||||
| Jae H. Lee (Co-Manager) |
Since May 2024 | Managing Director | ||||||||||
The foregoing disclosure supersedes any statements to the contrary under the heading “Management of the Funds – Portfolio Managers” beginning on page 96 of the Prospectus.
Please retain this Supplement for future reference.
TCW FUNDS, INC.
TCW Emerging Markets Income Fund
(Class I: TGEIX; Class N: TGINX; Plan Class: TGEPX)
TCW Emerging Markets Local Currency Income Fund
(Class I: TGWIX; Class N: TGWNX)
Supplement dated April 23, 2024 to the Statement of Additional Information
dated March 1, 2024, as supplemented (the “SAI”)
For current and prospective investors in each fund specified below (each, a “Fund”):
TCW Emerging Markets Income Fund
Effective May 1, 2024, Christopher Hays and Jae H. Lee will be added as portfolio managers for the Fund and Javier Segovia will no longer serve as a portfolio manager for the Fund.
Therefore, effective May 1, 2024, the disclosure relating to the Fund under the heading “PORTFOLIO MANAGEMENT – Ownership of Securities and Other Managed Accounts” on page 65 of the SAI is deleted in its entirety and replaced with the following:
TCW Emerging Markets Income Fund
| Portfolio Managers |
None
|
$1 to $10K
|
$10K to $50K
|
$50K to $100K
|
$100K to $500K
|
$500K to $1 Mill
|
Over $1 Mill
| |||||||
| Penelope D. Foley |
X | |||||||||||||
| David I. Robbins |
X | |||||||||||||
| Alex Stanojevic |
X | |||||||||||||
| Christopher Hays1 |
X | |||||||||||||
| Jae H. Lee1 |
X |
| Performance Fee Accounts |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Registered Investment Companies
|
Other Pooled Investment Vehicles
|
Other Accounts
|
Registered Investment Companies
|
Other Pooled Investment Vehicles
|
Other Accounts
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
| |||||||||||||||||||||||||||||||||||||||||||||||||
| Penelope D. Foley |
3 | $ | 454 | 9 | $ | 1,251 | 9 | $ | 5,095 | 0 | $ | 0 | 1 | $ | 963 | 4 | $ | 2,551 | ||||||||||||||||||||||||||||||||||||||||||
| David I. Robbins |
3 | $ | 454 | 9 | $ | 1,251 | 9 | $ | 5,095 | 0 | $ | 0 | 1 | $ | 963 | 4 | $ | 2,551 | ||||||||||||||||||||||||||||||||||||||||||
| Alex Stanojevic |
3 | $ | 454 | 9 | $ | 1,251 | 9 | $ | 5,095 | 0 | $ | 0 | 1 | $ | 963 | 4 | $ | 2,551 | ||||||||||||||||||||||||||||||||||||||||||
| Christopher Hays1 |
0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | ||||||||||||||||||||||||||||||||||||||||||
| Jae H. Lee1 |
0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | ||||||||||||||||||||||||||||||||||||||||||
| 1 | Information for Messrs. Hays and Lee is provided as of April 15, 2024. |
TCW Emerging Markets Local Currency Income Fund
Effective May 1, 2024, Jae H. Lee will be added as a portfolio manager for the Fund.
Therefore, effective May 1, 2024, the disclosure relating to the Fund under the heading “PORTFOLIO MANAGEMENT – Ownership of Securities and Other Managed Accounts” on page 66 of the SAI is deleted in its entirety and replaced with the following:
TCW Emerging Markets Local Currency Income Fund
| Portfolio Managers |
None
|
$1 to $10K
|
$10K to $50K
|
$50K to $100K
|
$100K to $500K
|
$500K to $1 Mill
|
Over $1 Mill
| ||||||||||||||||||||||||||||
| Penelope D. Foley |
X | ||||||||||||||||||||||||||||||||||
| David I. Robbins |
X | ||||||||||||||||||||||||||||||||||
| Alex Stanojevic |
X | ||||||||||||||||||||||||||||||||||
| Jae H. Lee1 |
X | ||||||||||||||||||||||||||||||||||
| Performance Fee Accounts |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Registered Investment Companies
|
Other Pooled Investment Vehicles
|
Other Accounts
|
Registered Investment Companies
|
Other Pooled Investment Vehicles
|
Other Accounts
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
|
Number of Accounts
|
Total Assets
| |||||||||||||||||||||||||||||||||||||||||||||||||
| Penelope D. Foley |
3 | $ | 3,877 | 9 | $ | 1,251 | 9 | $ | 5,095 | 0 | $ | 0 | 1 | $ | 963 | 4 | $ | 2,551 | ||||||||||||||||||||||||||||||||||||||||||
| David I. Robbins |
3 | $ | 3,877 | 9 | $ | 1,251 | 9 | $ | 5,095 | 0 | $ | 0 | 1 | $ | 963 | 4 | $ | 2,551 | ||||||||||||||||||||||||||||||||||||||||||
| Alex Stanojevic |
3 | $ | 3,877 | 9 | $ | 1,251 | 9 | $ | 5,095 | 0 | $ | 0 | 1 | $ | 963 | 4 | $ | 2,551 | ||||||||||||||||||||||||||||||||||||||||||
| Jae H. Lee1 |
0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | ||||||||||||||||||||||||||||||||||||||||||
| 1 | Information for Mr. Lee is provided as of April 15, 2024. |
Please retain this Supplement for future reference.