The TCW Group

Please see additional disclosures on the following page(s). IMPORTANT DISCLOSURE You should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A Fund’s Prospectus and Summary Prospectus contain this and other information about the

IMPORTANT DISCLOSURE This material reflects the current opinions of the author but not necessarily those of TCW and such opinions are subject to change without notice. TCW, its officers, directors, employees or clients may have positions in securities or investments

CatLane/E+ via Getty Images Investment Environment The U.S. economy is a global standout among developed markets. While other nations/economies are reporting anemic growth, the U.S. continues to expand. The latest read (third estimate) for first quarter growth is a respectable