TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) declared a monthly dividend on Friday, June 5th. Investors of record on Monday, June 15th will be given a dividend of 0.0283 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.
TCW Strategic Income Fund Stock Up 0.9%
NYSE TSI traded up $0.04 during trading hours on Friday, reaching $4.53. The company’s stock had a trading volume of 116,527 shares, compared to its average volume of 100,475. TCW Strategic Income Fund has a 1 year low of $4.43 and a 1 year high of $5.06. The firm’s 50-day moving average price is $4.54 and its 200-day moving average price is $4.71.
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.
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