Quantinno Capital Management LP Takes $664,000 Position in TCW Strategic Income Fund, Inc. $TSI

Quantinno Capital Management LP acquired a new position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 147,982 shares of the financial services provider’s stock, valued at approximately $664,000. Quantinno Capital Management LP owned about 0.31% of TCW Strategic Income Fund at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Sit Investment Associates Inc. increased its position in TCW Strategic Income Fund by 8.1% in the 4th quarter. Sit Investment Associates Inc. now owns 10,208,852 shares of the financial services provider’s stock valued at $50,432,000 after acquiring an additional 766,863 shares during the period. Focus Partners Wealth acquired a new stake in TCW Strategic Income Fund during the fourth quarter valued at approximately $7,263,000. Riverbridge Partners LLC lifted its position in shares of TCW Strategic Income Fund by 38.8% during the 1st quarter. Riverbridge Partners LLC now owns 290,073 shares of the financial services provider’s stock valued at $1,302,000 after acquiring an additional 81,081 shares during the last quarter. Whipplewood Advisors LLC boosted its position in shares of TCW Strategic Income Fund by 2.7% in the 1st quarter. Whipplewood Advisors LLC now owns 165,778 shares of the financial services provider’s stock valued at $744,000 after purchasing an additional 4,344 shares during the period. Finally, Seven Mile Advisory boosted its holdings in shares of TCW Strategic Income Fund by 6.8% in the fourth quarter. Seven Mile Advisory now owns 114,997 shares of the financial services provider’s stock worth $568,000 after buying an additional 7,297 shares during the period. Institutional investors and hedge funds own 35.22% of the company’s stock.

TCW Strategic Income Fund Trading Down 0.1%

NYSE TSI opened at $4.39 on Thursday. TCW Strategic Income Fund, Inc. has a twelve month low of $4.38 and a twelve month high of $5.06. The firm’s 50 day moving average price is $4.44 and its two-hundred day moving average price is $4.55.

TCW Strategic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.0283 per share. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Monday, August 17th.

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.