1607 Capital Partners LLC Sells 420,646 Shares of TCW Strategic Income Fund, Inc. $TSI

1607 Capital Partners LLC decreased its position in TCW Strategic Income Fund, Inc. (NYSE:TSI) by 17.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,956,788 shares of the financial services provider’s stock after selling 420,646 shares during the quarter. 1607 Capital Partners LLC’s holdings in TCW Strategic Income Fund were worth $9,667,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Focus Partners Wealth bought a new stake in shares of TCW Strategic Income Fund in the 1st quarter valued at approximately $50,000. Concurrent Investment Advisors LLC bought a new stake in shares of TCW Strategic Income Fund in the 4th quarter valued at approximately $51,000. Private Advisor Group LLC bought a new stake in shares of TCW Strategic Income Fund in the 3rd quarter valued at approximately $68,000. &PARTNERS bought a new stake in shares of TCW Strategic Income Fund in the 4th quarter valued at approximately $71,000. Finally, Corient Private Wealth LLC bought a new stake in shares of TCW Strategic Income Fund in the 2nd quarter valued at approximately $82,000. Institutional investors own 35.22% of the company’s stock.

TCW Strategic Income Fund Price Performance

Shares of NYSE TSI opened at $4.47 on Thursday. The business has a 50 day simple moving average of $4.54 and a 200 day simple moving average of $4.70. TCW Strategic Income Fund, Inc. has a 52 week low of $4.43 and a 52 week high of $5.06.

TCW Strategic Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0283 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

TCW Strategic Income Fund Company Profile

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.