TCW Strategic Income Fund, Inc. (TSI) To Go Ex-Dividend on July 16th

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a monthly dividend on Monday, July 6th. Shareholders 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 Trading Down 1.0%

TSI opened at $4.46 on Wednesday. The firm’s 50 day simple moving average is $4.51 and its two-hundred day simple moving average is $4.65. TCW Strategic Income Fund has a 1-year low of $4.43 and a 1-year high of $5.06.

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.