TCW Strategicome Fund (TSI) falls 0.38% on Moderate Volume September 14

Equities Staff  |

TCW Strategic Income Fund Inc (NYSE: TSI) shares fell 0.38%, or $0.0218 per share, to close Tuesday at $5.79. After opening the day at $5.83, shares of TCW Strategicome Fund fluctuated between $5.84 and $5.78. 48,375 shares traded hands a decrease from their 30 day average of 109,810. Tuesday's activity brought TCW Strategicome Fund’s market cap to $276,463,462.

TCW Strategicome Fund is headquartered in Los Angeles, California..

About TCW Strategic Income Fund Inc

TCW Strategic Income Fund, Inc. is a diversified, closed-end management investment company. Its investment objective is to seek total investment returns comprised of current income and capital appreciation. TSI has the ability to invest in a mix of fixed income and equity investments including mortgage-backed securities, asset-backed securities, value and growth equities, convertible securities, high yield bonds, and equity investments in collateralized debt obligations (CDOs). TSI will shift and reallocate its investments on an opportunistic basis and may invest in additional asset classes other than those identified above. TSI may also employ leverage up to 33% of its total assets (including assets purchased with borrowings). TSI has a stated goal of providing dependable, but not assured quarterly distributions out of accumulated net investment income and/or other sources, subject to the requirement of the Investment Company Act of 1940.

Visit TCW Strategic Income Fund Inc’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on TCW Strategic Income Fund Inc and to follow the company’s latest updates, you can visit the company’s profile page here: TCW Strategic Income Fund Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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