TCW Emerging Markets Local Currency Income Fund (TGWIX)
Under normal circumstances, the fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in debt securities issued or guaranteed by non-financial companies, financial institutions and government entities in Emerging Market Countries denominated in the local currencies of an issuer, and in derivative instruments that provide investment exposure to such securities. The fund is non-diversified.
Fund Info
US8723653098
872365309
Dec 13, 2010
$2,000
Expense Ratio
TGWIX has an expense ratio of 0.85%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
TCW Emerging Markets Local Currency Income Fund (TGWIX) returned 9.51% year-to-date (YTD) and 8.08% over the past 12 months. Over the past 10 years, TGWIX returned 1.41% annually, underperforming the S&P 500 benchmark at 10.85%.
TGWIX
9.51%
2.01%
7.68%
8.08%
5.23%
1.12%
1.41%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of TGWIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.38% | 0.65% | 0.79% | 3.61% | 1.77% | 9.51% | |||||||
| 2024 | -1.49% | -0.99% | 0.05% | -2.27% | 1.87% | -1.47% | 2.01% | 2.99% | 3.74% | -5.41% | -0.19% | -2.17% | -3.64% |
| 2023 | 4.48% | -3.62% | 4.33% | 1.16% | -1.96% | 3.82% | 3.04% | -3.16% | -4.07% | -0.48% | 5.77% | 3.88% | 13.23% |
| 2022 | -0.11% | -4.14% | -1.93% | -6.06% | 1.88% | -4.86% | -0.23% | -0.07% | -4.87% | -0.40% | 6.37% | 2.10% | -12.28% |
| 2021 | -1.35% | -2.56% | -3.08% | 2.20% | 2.40% | -1.08% | -0.65% | 0.93% | -3.56% | -1.15% | -3.06% | 1.46% | -9.32% |
| 2020 | -1.56% | -3.51% | -12.63% | 4.30% | 5.74% | 0.24% | 3.06% | -0.34% | -2.41% | 0.70% | 5.72% | 3.97% | 1.79% |
| 2019 | 5.42% | -0.80% | -1.84% | 0.00% | 0.12% | 5.74% | 0.89% | -3.62% | 1.48% | 2.92% | -1.85% | 4.26% | 12.92% |
| 2018 | 4.65% | -1.22% | 0.83% | -3.51% | -4.95% | -3.07% | 1.88% | -6.34% | 2.59% | -2.28% | 2.70% | 0.82% | -8.22% |
| 2017 | 2.42% | 2.47% | 2.21% | 0.99% | 1.48% | 0.69% | 2.27% | 1.82% | -0.20% | -2.87% | 1.97% | 2.09% | 16.30% |
| 2016 | -0.26% | 1.42% | 8.80% | 3.05% | -5.12% | 6.12% | 0.90% | 0.34% | 2.23% | -0.33% | -7.23% | 2.60% | 12.13% |
| 2015 | 1.48% | -1.62% | -2.86% | 2.38% | -2.10% | -1.02% | -2.62% | -5.04% | -2.72% | 3.81% | -2.69% | -2.64% | -14.89% |
| 2014 | -4.08% | 2.36% | 2.73% | 0.20% | 2.24% | 0.90% | -1.58% | 0.80% | -4.98% | 1.57% | -0.62% | -5.19% | -5.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TGWIX is 63, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TCW Emerging Markets Local Currency Income Fund (TGWIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
TCW Emerging Markets Local Currency Income Fund provided a 5.69% dividend yield over the last twelve months, with an annual payout of $0.43 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.42 | $0.29 | $0.19 | $0.32 | $0.04 | $0.16 | $0.35 | $0.62 | $0.00 | $0.03 | $0.03 |
Dividend yield | 5.69% | 6.02% | 3.82% | 2.73% | 3.92% | 0.37% | 1.67% | 4.16% | 6.53% | 0.00% | 0.32% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for TCW Emerging Markets Local Currency Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
| 2024 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.42 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.29 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.19 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.08 | $0.32 |
| 2020 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2019 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.16 |
| 2018 | $0.05 | $0.06 | $0.06 | $0.06 | $0.04 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.03 | $0.04 | $0.05 | $0.06 | $0.07 | $0.07 | $0.07 | $0.12 | $0.09 | $0.62 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2014 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the TCW Emerging Markets Local Currency Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TCW Emerging Markets Local Currency Income Fund was 31.55%, occurring on Jan 20, 2016. The portfolio has not yet recovered.
The current TCW Emerging Markets Local Currency Income Fund drawdown is 7.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.55% | May 10, 2013 | 679 | Jan 20, 2016 | — | — | — |
| -12.89% | Aug 2, 2011 | 45 | Oct 4, 2011 | 210 | Aug 6, 2012 | 255 |
| -2.26% | May 3, 2011 | 17 | May 25, 2011 | 6 | Jun 3, 2011 | 23 |
| -2.07% | Jun 6, 2011 | 9 | Jun 16, 2011 | 11 | Jul 1, 2011 | 20 |
| -1.86% | Jan 6, 2011 | 16 | Jan 28, 2011 | 38 | Mar 24, 2011 | 54 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...