# TSW Large Cap Value Institutional (TSWEX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tswex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1992-07-17 The fund invests, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies with large market capitalizations. The fund will invest primarily in a diversified portfolio of common stocks. Although the adviser will primarily draw the fund's holdings from larger, more seasoned or established companies, it may also invest in companies of varying size as measured by assets, sales or market capitalization. ## Key Facts | Metric | Value | |---|---| | Price | $15.00 | | Expense Ratio | 0.75% | | Assets Under Management | $36.4M | | NAV | $15.00 | | Holdings Count | — | | Distribution Yield (TTM) | 14.72% | | Annual Distribution (TTM) | $2.21 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $12.95 – $15.20 | | Beta | 0.44 | ## Latest Distribution - Amount: $0.0482 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does TSWEX invest in? The fund invests, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies with large market capitalizations. The fund will invest primarily in a diversified portfolio of common stocks. Although the adviser will primarily draw the fund's holdings from larger, more seasoned or established companies, it may also invest in companies of varying size as measured by assets, sales or market capitalization. ### What is the expense ratio of TSWEX? TSW Large Cap Value Institutional (TSWEX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TSWEX? TSW Large Cap Value Institutional (TSWEX) manages $36.4M 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 TSWEX actively managed or an index fund? TSWEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TSWEX's is 0.75%) in exchange for the discretion to over- or under-weight positions. ### When was TSWEX launched? TSW Large Cap Value Institutional (TSWEX) launched in July 1992 and is managed by the fund issuer. ### How has TSWEX performed? TSWEX'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 TSWEX pay a dividend? TSW Large Cap Value Institutional (TSWEX) currently distributes little or no income. Trailing-twelve-month yield is 14.72%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TSWEX pay dividends? TSW Large Cap Value Institutional pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TSWEX's dividend yield? TSWEX's trailing-twelve-month yield is 14.72%, calculated from the sum of dividends over the past year divided by the current price. ### When is TSWEX's next ex-dividend date? The most recently announced ex-dividend date for TSWEX was 2026-09-29. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will TSWEX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% 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 TSWEX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TSWEX'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 TSWEX cost more than a fund like VOO? TSWEX is actively managed (current expense ratio 0.75%). 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 TSWEX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TSWEX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TSWEX (0.75%) 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/tswex - Distribution history: https://www.dividenddata.com/funds/tswex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tswex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tswex/expenses - Peer comparison: https://www.dividenddata.com/funds/tswex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.