TCW Strategic Income Fund, Inc. Declares Monthly Dividend of $0.03 (NYSE:TSI)

TCW Strategic Income Fund, Inc. (NYSE:TSI) declared a monthly dividend on Monday, July 6th. Investors of record on Thursday, July 16th will be paid 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 traded down $0.01 during trading hours on Tuesday, hitting $4.50. 10,219 shares of the company traded hands, compared to its average volume of 164,118. TCW Strategic Income Fund has a twelve month low of $4.43 and a twelve month high of $5.06. The firm has a 50-day moving average of $4.52 and a 200 day moving average of $4.66.

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.