TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) announced a monthly dividend on Monday, July 6th. Investors of record on Thursday, July 16th will be given a dividend of 0.0283 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, July 16th.
TCW Strategic Income Fund Price Performance
NYSE:TSI opened at $4.46 on Tuesday. TCW Strategic Income Fund has a twelve month low of $4.43 and a twelve month high of $5.06. The company’s 50 day moving average is $4.51 and its two-hundred day moving average is $4.64.
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.
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