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

Quantinno Capital Management LP bought a new position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSIFree Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 147,982 shares of the financial services provider’s stock, valued at approximately $664,000.

A number of other institutional investors also recently modified their holdings of TSI. Fifth Third Bancorp acquired a new position in shares of TCW Strategic Income Fund during the 1st quarter worth about $36,000. Focus Partners Wealth bought a new position in shares of TCW Strategic Income Fund during the 1st quarter worth about $50,000. Concurrent Investment Advisors LLC acquired a new stake in TCW Strategic Income Fund during the fourth quarter valued at approximately $51,000. Flatrock Wealth Partners LLC bought a new stake in TCW Strategic Income Fund in the first quarter valued at $48,000. Finally, Private Advisor Group LLC acquired a new stake in shares of TCW Strategic Income Fund during the 3rd quarter worth about $68,000. Institutional investors own 35.22% of the company’s stock.

TCW Strategic Income Fund Stock Down 0.1%

NYSE TSI opened at $4.39 on Thursday. The company has a 50 day moving average of $4.44 and a 200-day moving average of $4.55. TCW Strategic Income Fund, Inc. has a 1-year low of $4.38 and a 1-year high of $5.06.

TCW Strategic Income Fund Dividend Announcement

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

TCW Strategic Income Fund Profile

(Free Report)

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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Institutional Ownership by Quarter for TCW Strategic Income Fund (NYSE:TSI)

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