TCW Strategic Income Fund, Inc. (TSI) To Go Ex-Dividend on June 30th

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a quarterly dividend on Monday, June 16th, RTT News reports. Shareholders of record on Monday, June 30th will be paid a dividend of 0.065 per share by the financial services provider on Friday, July 11th. This represents a $0.26 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend is Monday, June 30th.

TCW Strategic Income Fund Price Performance

NYSE TSI opened at $4.97 on Friday. The firm has a 50-day moving average price of $4.91 and a 200 day moving average price of $4.89. TCW Strategic Income Fund has a 52-week low of $4.61 and a 52-week high of $5.21.

Hedge Funds Weigh In On TCW Strategic Income Fund

A hedge fund recently bought a new stake in TCW Strategic Income Fund stock. Focus Partners Wealth acquired a new stake in TCW Strategic Income Fund, Inc. (NYSE:TSI) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,275 shares of the financial services provider’s stock, valued at approximately $50,000. 35.22% of the stock is currently owned by institutional investors.

About TCW Strategic Income Fund

TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.