TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) declared a monthly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0283 per share by the financial services provider on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Friday, May 15th.
TCW Strategic Income Fund Price Performance
Shares of TSI stock opened at $4.55 on Wednesday. The company has a 50-day moving average of $4.59 and a two-hundred day moving average of $4.78. TCW Strategic Income Fund has a 1-year low of $4.43 and a 1-year high of $5.06.
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.
Further Reading
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