# TCW Relative Value Mid Cap Fund Class N (TGVNX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tgvnx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: TCW / MetWest · Asset class: Equity - Strategy: Actively Managed · Inception: 2000-05-12 Typically, this fund commits a minimum of 80% of its net assets, along with any borrowed capital utilized for investment, to equity securities issued by mid-capitalization companies. Its investment approach largely concentrates on businesses the portfolio manager identifies as "value companies." The manager's objective is to pinpoint enterprises that have currently lost favor in the market and whose stock is trading at a discount to their estimated intrinsic worth. ## Key Facts | Metric | Value | |---|---| | Price | $30.71 | | Expense Ratio | 0.95% | | Assets Under Management | $101.0M | | NAV | $30.71 (2026-10-29 close) | | Holdings Count | — | | Distribution Yield (TTM) | 19.03% | | Annual Distribution (TTM) | $5.84 /share | | Distribution Frequency | Annual | | 52-Week Range | $25.73 – $32.17 | | Beta | 1.01 | ## Latest Distribution - Amount: $5.8449 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does TGVNX invest in? Typically, this fund commits a minimum of 80% of its net assets, along with any borrowed capital utilized for investment, to equity securities issued by mid-capitalization companies. Its investment approach largely concentrates on businesses the portfolio manager identifies as "value companies." The manager's objective is to pinpoint enterprises that have currently lost favor in the market and whose stock is trading at a discount to their estimated intrinsic worth. ### What is the expense ratio of TGVNX? TCW Relative Value Mid Cap Fund Class N (TGVNX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TGVNX? TCW Relative Value Mid Cap Fund Class N (TGVNX) manages $101.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TGVNX actively managed or an index fund? TGVNX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TGVNX's is 0.95%) in exchange for the discretion to over- or under-weight positions. ### When was TGVNX launched? TCW Relative Value Mid Cap Fund Class N (TGVNX) launched in May 2000 and is managed by TCW / MetWest. ### How has TGVNX performed? TGVNX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TGVNX pay a dividend? TCW Relative Value Mid Cap Fund Class N (TGVNX) currently distributes little or no income. Trailing-twelve-month yield is 19.03%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TGVNX pay dividends? TCW Relative Value Mid Cap Fund Class N pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TGVNX's dividend yield? TGVNX's trailing-twelve-month yield is 19.03%, calculated from the sum of dividends over the past year divided by the current price. ### When is TGVNX's next ex-dividend date? The most recently announced ex-dividend date for TGVNX was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will TGVNX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.95% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TGVNX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TGVNX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TGVNX cost more than a fund like VOO? TGVNX is actively managed (current expense ratio 0.95%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TGVNX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TGVNX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TGVNX (0.95%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tgvnx - Distribution history: https://www.dividenddata.com/funds/tgvnx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tgvnx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tgvnx/expenses - Peer comparison: https://www.dividenddata.com/funds/tgvnx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.