TCW Strategic Income Fund, Inc. (NYSE:TSI) Plans Monthly Dividend of $0.03

Key Points

• Dividend: TCW Strategic Income Fund declared a monthly dividend of $0.0283 per share, with an ex-dividend and record date of May 15 and a pay date of May 29, reflecting an annualized yield of about 7.5%.
• Market snapshot: TSI opened at $4.55, trades in a 52-week range of $4.43–$5.06, with a 50-day SMA of $4.59 and a 200-day SMA of $4.78.
• Fund strategy: TSI is a diversified closed-end fund managed by TCW that focuses on generating total return through high current income and capital appreciation by investing across corporate debt, high-yield bonds, mortgage- and asset-backed securities, and emerging-market debt.

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 given a dividend of 0.0283 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Friday, May 15th.

TCW Strategic Income Fund Price Performance

TCW Strategic Income Fund stock opened at $4.55 on Wednesday. TCW Strategic Income Fund has a 52-week low of $4.43 and a 52-week high of $5.06. The company has a fifty day simple moving average of $4.59 and a 200-day simple moving average of $4.78.

About TCW Strategic Income Fund

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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