Hara Capital LLC Buys Shares of 755,114 TCW Strategic Income Fund, Inc. $TSI

Hara Capital LLC purchased a new position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 755,114 shares of the financial services provider’s stock, valued at approximately $3,406,000. TCW Strategic Income Fund makes up 1.8% of Hara Capital LLC’s holdings, making the stock its 15th largest holding.

A number of other institutional investors also recently made changes to their positions in TSI. Fifth Third Bancorp purchased a new stake in shares of TCW Strategic Income Fund in the first quarter valued at $36,000. Focus Partners Wealth purchased a new stake in TCW Strategic Income Fund during the 1st quarter worth about $50,000. Concurrent Investment Advisors LLC purchased a new stake in TCW Strategic Income Fund during the 4th quarter worth about $51,000. Flatrock Wealth Partners LLC acquired a new position in TCW Strategic Income Fund in the 1st quarter valued at about $48,000. Finally, Private Advisor Group LLC acquired a new position in TCW Strategic Income Fund in the 3rd quarter valued at about $68,000. 35.22% of the stock is owned by institutional investors and hedge funds.

TCW Strategic Income Fund Stock Performance

NYSE:TSI opened at $4.38 on Friday. TCW Strategic Income Fund, Inc. has a 12-month low of $4.37 and a 12-month high of $5.06. The company’s 50-day moving average is $4.44 and its two-hundred day moving average is $4.54.

TCW Strategic Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be paid a dividend of $0.0283 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 7.8%.

About TCW Strategic Income Fund

TCW Strategic Income Fund (NYSE: TSI) is a diversified, closed-end management investment company that seeks to provide total return through high current income and capital appreciation. The fund primarily invests in a broad array of fixed-income securities, including corporate debt, high-yield bonds, mortgage- and asset-backed securities, and emerging market debt. By combining multiple credit sectors with a flexible duration approach, the fund aims to generate attractive yields while managing interest-rate and credit risks in varying market environments.

Under the management of TCW Asset Management Company LLC, a subsidiary of TCW Group founded in 1971, TSI leverages the firm’s deep credit research capabilities and global trading platforms.