TCW Strategic Income Fund, Inc. Declares Quarterly Dividend of $0.07 (NYSE:TSI)

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a quarterly dividend on Monday, June 16th, RTT News reports. Investors of record on Monday, June 30th will be paid a dividend of 0.065 per share by the financial services provider on Friday, July 11th. This represents a $0.26 annualized dividend and a yield of 5.28%.

TCW Strategic Income Fund Trading Up 0.1%

TSI stock traded up $0.01 during trading on Monday, reaching $4.93. 9,932 shares of the company’s stock were exchanged, compared to its average volume of 72,198. TCW Strategic Income Fund has a 1-year low of $4.61 and a 1-year high of $5.21. The company’s fifty day moving average price is $4.89 and its 200-day moving average price is $4.89.

Institutional Trading of TCW Strategic Income Fund

An institutional investor recently bought a new position in TCW Strategic Income Fund stock. Focus Partners Wealth bought a new position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,275 shares of the financial services provider’s stock, valued at approximately $50,000. 35.22% of the stock is currently owned by institutional investors.

TCW Strategic Income Fund Company Profile

TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.