Robert Gerald Rooney Acquires 8,422 Shares of TCW Strategic Income Fund (NYSE:TSI) Stock

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Robert Gerald Rooney purchased 8,422 shares of the stock in a transaction on Tuesday, November 25th. The shares were purchased at an average price of $4.93 per share, with a total value of $41,520.46. Following the acquisition, the director directly owned 8,422 shares in the company, valued at $41,520.46. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Robert Gerald Rooney also recently made the following trade(s):

• On Monday, December 1st, Robert Gerald Rooney acquired 7,900 shares of TCW Strategic Income Fund stock. The shares were acquired at an average cost of $4.93 per share, with a total value of $38,947.00.
• On Friday, November 28th, Robert Gerald Rooney acquired 4,174 shares of TCW Strategic Income Fund stock. The shares were bought at an average cost of $4.92 per share, for a total transaction of $20,536.08.
• On Wednesday, November 26th, Robert Gerald Rooney bought 4 shares of TCW Strategic Income Fund stock. The shares were purchased at an average price of $4.91 per share, for a total transaction of $19.64.

TCW Strategic Income Fund Stock Down 0.1%

Shares of TCW Strategic Income Fund stock opened at $4.92 on Friday. The firm’s fifty day simple moving average is $4.92 and its 200-day simple moving average is $4.93. TCW Strategic Income Fund, Inc. has a 12 month low of $4.61 and a 12 month high of $5.10.

TCW Strategic Income Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Tuesday, September 30th were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.26 dividend on an annualized basis and a yield of 5.3%.

Hedge Funds Weigh In On TCW Strategic Income Fund

A number of institutional investors have recently made changes to their positions in the stock. Focus Partners Wealth purchased a new position in shares of TCW Strategic Income Fund during the 1st quarter worth about $50,000. MB Generational Wealth LLC bought a new stake in shares of TCW Strategic Income Fund during the 3rd quarter valued at about $63,000. Private Advisor Group LLC acquired a new stake in shares of TCW Strategic Income Fund in the 3rd quarter worth about $68,000. Corient Private Wealth LLC acquired a new stake in TCW Strategic Income Fund in the second quarter worth about $82,000. Finally, Allworth Financial LP acquired a new stake in TCW Strategic Income Fund during the second quarter valued at approximately $112,000. 35.22% of the stock is owned by institutional investors and hedge funds.

TCW Strategic Income Fund Company Profile

TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.