TCW is seeking to merge two of its funds, MutualFundWire reports. The Los Angeles-based mutual fund firm aims to combine the TCW Relative Value Small Cap Fund into the TCW Value Opportunities Fund. The small cap fund has around $23.8 million in assets under management (AUM), while the opportunities fund has $144.9 million in AUM. TCW’s shareholders are due to vote on the merger on September 15.
Click here for the story from MutualFundWire.