TCW Private Asset Income Fund - EvergreenLink

TCW Private Asset Income Fund

TCW Private Asset Income Fund is a non-diversified, closed-end management investment company organized as a Delaware statutory trust and operated as an interval fund. The Fund’s investment objective is to seek attractive risk-adjusted returns and produce current income. To achieve this objective, the Fund primarily allocates its assets across a wide range of private credit strategies, with a focus on asset-backed credit investments. Under normal circumstances, at least 80% of the Fund’s net assets are invested in private credit instruments, including loans, securitized portfolios of receivables, asset-backed securities, CLOs, and other credit-related investments issued in private offerings or by private issuers. The Fund may invest in credit instruments of any credit quality or maturity, including below investment grade securities. As an interval fund, the Fund makes quarterly repurchase offers of at least 5% of its outstanding shares at NAV to provide liquidity to shareholders.

News and Notices

ManagerThe TCW Group

Inception2025

Registration'40 Act

Fund TypeInterval CEF

CurrencyUSD

Repurchase FrequencyQuarterly

Subscription FrequencyDaily

Management Fee1.00%

Fiscal Year EndDecember 31

News and Notices

Portfolio Holdings

Portfolio Composition

Growth

Capital Flows

Tender Offers

Share Classes

Returns

Fees

Ownership

Operating Metrics

Per Page

Notices

Oct 18, 2025

10:52

Redemptions

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TCW Private Asset Income Fund opened a quarterly repurchase offer for up to 5% of outstanding shares, running September 18 to October 23, 2026. Accepted shares incur no repurchase fee, with payment due within seven days after pricing.

Dec 27, 2023

15:21

Compliance

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TCW Private Asset Income Fund reported its annual proxy voting notice for calendar year 2026, with no other included managers and no series reported.

Mar 26, 2025

12:38

Compliance

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TCW Private Asset Income Fund is covered under a Chubb joint fidelity bond providing $8.8 million from June 30, 2026 through June 30, 2027, with a $17,456 premium. The coverage applies to larceny and embezzlement by covered officers and employees.

Jun 20, 2026

10:27

Ownership, Personnel, Redemptions

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TCW Private Asset Income Fund ownership amendment corrects Robert Gerald Rooney, Director, July 24, 2026 common stock entry from Transaction Code P to S and from Securities Acquired to Securities Disposed, covering 10,019 shares at $9.98.

Jul 19, 2025

17:35

Ownership, Personnel, Subscriptions

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TCW Private Asset Income Fund Director Robert Gerald Rooney acquired 10,019 common shares at $9.98 per share on July 24, 2026. His direct ownership increased to 31,546 shares following the purchase.

Jul 30, 2023

15:59

Ownership, Personnel, Subscriptions

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Director Tarica Andrew purchased 1,136 TCW Private Asset Income Fund Common Stock shares at $9.98 on April 7 and 1,132 shares at $9.99 on June 29. His direct ownership increased to 57,805 shares.

Sep 18, 2023

17:28

Redemptions

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TCW Private Asset Income Fund launched a quarterly repurchase offer for up to 5% of outstanding Class I, Class I-3 and Class A shares, requiring requests by July 24, 2026, with no repurchase fee.

Mar 11, 2024

12:58

Ownership, Personnel, Subscriptions

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TCW Private Asset Income Fund Director Andrew Tarica purchased 53,055 shares of common stock at $9.98 per share on June 9, 2026. His direct holdings increased to 56,672 shares following the purchases.

Oct 01, 2024

16:22

Fees, Marketing Materials

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TCW Private Asset Income Fund added Class A share sales charge breakpoints and waivers, with a 3.50% maximum initial charge and no initial charge at $500,000 or more. Those purchases face a 1.00% deferred charge if sold within 18 months.

Apr 30, 2025

13:56

Fees, Redemptions, Subscriptions

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TCW Private Asset Income Fund updated its prospectus to offer Class A, Class I, and Class I-3 Shares continuously while maintaining quarterly repurchases of 5% of outstanding Shares at NAV and a 0.50% management fee through August 25, 2026.

Preview

Who manages TCW Private Asset Income Fund?TCW is responsible for managing TCW Private Asset Income Fund.

When was TCW Private Asset Income Fund incepted?TCW Private Asset Income Fund launched in 2025.

How is TCW Private Asset Income Fund registered?TCW Private Asset Income Fund is registered as a '40 Act fund.

What type of fund is TCW Private Asset Income Fund?TCW Private Asset Income Fund is structured as a Interval CEF fund.

How can investors access TCW Private Asset Income Fund?You can invest in TCW Private Asset Income Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.

How often can investors buy shares of TCW Private Asset Income Fund?You can invest in TCW Private Asset Income Fund daily, subject to eligibility and fund subscription deadlines.

How often can investors sell shares of TCW Private Asset Income Fund?You can redeem shares of TCW Private Asset Income Fund quarterly, subject to redemption limits and notice requirements.

What currency is TCW Private Asset Income Fund offered in?Shares of TCW Private Asset Income Fund can be purchased in USD.

When does TCW Private Asset Income Fund close its fiscal year?TCW Private Asset Income Fund's fiscal year end is December 31.

How big is TCW Private Asset Income Fund?TCW Private Asset Income Fund's net asset value was $494.1 million and its portfolio had a fair value of $505 million as of March 31, 2026.

What types of investments does TCW Private Asset Income Fund make?Among other deal types, TCW Private Asset Income Fund primarily makes Debt Investments.

What strategies does TCW Private Asset Income Fund invest in?Among other asset classes, TCW Private Asset Income Fund primarily invests in Direct Lending.

What geographies does TCW Private Asset Income Fund have exposure to?Among other regions, TCW Private Asset Income Fund primarily invests in NA and the USA.

What management fee does TCW Private Asset Income Fund charge?TCW Private Asset Income Fund charges a 1.00% annual management fee, which is calculated based on NAV.

How much do investors need to invest for their first purchase of shares in TCW Private Asset Income Fund?You can invest in TPAYX shares with a minimum initial investment of $10,000.

How much are investors able to invest after their first purchase of shares in TCW Private Asset Income Fund?You can invest in TPAYX shares with a minimum subsequent investment of $500.

What happens if an investor sells shares of TCW Private Asset Income Fund early?You will be subject to paying an early repurchase/redemption fee of 0%.

How has TCW Private Asset Income Fund performed?TCW Private Asset Income Fund's TPAYX share class generated an annualized 1-month return of 7.21% and since-inception return of 7.21% as of December 31, 2025.

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