TCW Strategic Income Fund, Inc. $TSI Shares Acquired by Rareview Capital LLC

Rareview Capital LLC increased its position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 1,911.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 307,541 shares of the financial services provider’s stock after acquiring an additional 292,255 shares during the period. Rareview Capital LLC owned approximately 0.64% of TCW Strategic Income Fund worth $1,501,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSI. Hara Capital LLC acquired a new position in shares of TCW Strategic Income Fund in the 2nd quarter worth approximately $3,406,000. Sit Investment Associates Inc. raised its holdings in shares of 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 worth $50,432,000 after purchasing an additional 766,863 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in TCW Strategic Income Fund during the first quarter valued at approximately $664,000. Beacon Pointe Advisors LLC bought a new stake in TCW Strategic Income Fund during the second quarter worth approximately $106,000. Finally, Sanctuary Advisors LLC bought a new stake in TCW Strategic Income Fund during the second quarter worth approximately $73,000. 35.22% of the stock is currently owned by institutional investors.

TCW Strategic Income Fund Price Performance

NYSE TSI opened at $4.37 on Friday. TCW Strategic Income Fund, Inc. has a 1 year low of $4.33 and a 1 year high of $5.06. The business’s fifty day moving average is $4.42 and its two-hundred day moving average is $4.51.

TCW Strategic Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were issued a $0.0283 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Monday, August 17th.

TCW Strategic Income Fund 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.