TSI

TCW Strategic Income Fund
TSI

$5.17

0.19%

Market Cap: $247M

About: Tcw Strategic Income Fund Inc operates as a closed-end management investment company. Its investment objective is to seek a total return comprised of current income and capital appreciation by investing in a wide range of securities. The company invests in a range of industries, such as airlines, banks, beverages, biotechnology, chemicals, computers, diversified financial services, entertainment, and others.

0

Funds holding %

of 6,710 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

3% more funds holding

Funds holding: 64 [Q1] → 66 (+2) [Q2]

3.69% less ownership

Funds ownership: 36.82% [Q1] → 33.13% (-3.69%) [Q2]

11% less capital invested

Capital invested by funds: $84.6M [Q1] → $75M (-$9.54M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for TSI.

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Financial journalist opinion

TSI: Unattractive Entry Point (Rating Downgrade)

TCW Strategic Income Fund has delivered over 20% in total return since our 'Buy' rating last year, driven by lower rates and tighter spreads. The fund remains overweight MBS securities and investment-grade corporates, with no leverage, and has seen its discount to NAV narrow significantly. Given the current valuation and narrow discount to NAV, TSI no longer presents an attractive entry point and is downgraded to 'Hold'.

TSI: Unattractive Entry Point (Rating Downgrade)

TSI: This Multi-Sector Bond Fund Is Nothing Special

TCW Strategic Income offers a 5.10% yield, lower than its peers, reducing its appeal to income-seeking investors. The fund has generally underperformed its peers, but it did not decline as severely as most back in 2022. TSI aims to provide total return through current income and capital appreciation, with a focus on mortgage securities and corporate bonds.

TSI: This Multi-Sector Bond Fund Is Nothing Special

TCW Strategic Income Fund Announces Quarterly Distribution

LOS ANGELES--(BUSINESS WIRE)--TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a quarterly distribution of $0.06 per share payable to shareholders of record on June 28, 2024, with the payable date of July 12, 2024. The distribution is based on a policy that was approved by the Board of Directors in December 2013 which was to pay distributions out of the Fund's accumulated net investment income and/or other sources subject to the requirements of the Investment Company Act of 1940, as.

TCW Strategic Income Fund Announces Quarterly Distribution

CEF Report | May 2024 | Activism Is Heating Up

Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Select Preferred and Income.

CEF Report | May 2024 | Activism Is Heating Up

TCW Strategic Income Fund Announces Quarterly Distribution

LOS ANGELES--(BUSINESS WIRE)--TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a quarterly distribution of $0.06 per share payable to shareholders of record on March 28, 2024, with the payable date of April 12, 2024. The distribution is based on a policy that was approved by the Board of Directors in December 2013 which was to pay distributions out of the Fund's accumulated net investment income and/or other sources subject to the requirements of the Investment Company Act of 1940, a.

TCW Strategic Income Fund Announces Quarterly Distribution

TCW Strategic Income Fund Announces Quarterly Distribution

LOS ANGELES--(BUSINESS WIRE)--TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a quarterly distribution of $0.175 per share payable to shareholders of record on December 29, 2023, with the payable date of January 12, 2024. The distribution represents a regular quarterly distribution of $0.06 and an additional special year-end distribution of $0.115 from net investment income. The distribution is based on a policy that was approved by the Board of Directors in December 2013 which was.

TCW Strategic Income Fund Announces Quarterly Distribution

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