Robert Gerald Rooney Buys 4,174 Shares of TCW Strategic Income Fund (NYSE:TSI) Stock

TCW Strategic Income Fund, Inc. (NYSE:TSI) Director Robert Gerald Rooney purchased 4,174 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was bought at an average cost of $4.92 per share, for a total transaction of $20,536.08. Following the purchase, the director directly owned 12,600 shares in the company, valued at $61,992. This trade represents a 49.54% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Robert Gerald Rooney also recently made the following trade(s):

• On Monday, December 1st, Robert Gerald Rooney purchased 7,900 shares of TCW Strategic Income Fund stock. The shares were acquired at an average price of $4.93 per share, for a total transaction of $38,947.00.
• On Wednesday, November 26th, Robert Gerald Rooney acquired 4 shares of TCW Strategic Income Fund stock. The shares were acquired at an average cost of $4.91 per share, with a total value of $19.64.
• On Tuesday, November 25th, Robert Gerald Rooney acquired 8,422 shares of TCW Strategic Income Fund stock. The stock was acquired at an average price of $4.93 per share, with a total value of $41,520.46.

TCW Strategic Income Fund Price Performance

TSI opened at $4.92 on Friday. The company’s 50 day simple moving average is $4.92 and its two-hundred day simple moving average is $4.93. TCW Strategic Income Fund, Inc. has a 1-year low of $4.61 and a 1-year high of $5.10.

TCW Strategic Income Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Tuesday, September 30th were paid a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Investors Weigh In On TCW Strategic Income Fund

Hedge funds have recently modified their holdings of the company. Invesco Ltd. boosted its holdings in TCW Strategic Income Fund by 0.8% in the 1st quarter. Invesco Ltd. now owns 401,659 shares of the financial services provider’s stock valued at $1,952,000 after purchasing an additional 3,225 shares during the last quarter. Sit Investment Associates Inc. grew its holdings in shares of TCW Strategic Income Fund by 8.2% during the 1st quarter. Sit Investment Associates Inc. now owns 7,486,736 shares of the financial services provider’s stock worth $36,386,000 after purchasing an additional 570,125 shares during the period. Raymond James Financial Inc. raised its holdings in TCW Strategic Income Fund by 5.4% in the 1st quarter. Raymond James Financial Inc. now owns 986,159 shares of the financial services provider’s stock valued at $4,793,000 after buying an additional 50,274 shares during the period. Ieq Capital LLC purchased a new stake in shares of TCW Strategic Income Fund in the 1st quarter valued at approximately $370,000. Finally, 1607 Capital Partners LLC lifted its holdings in shares of TCW Strategic Income Fund by 21.2% in the 1st quarter. 1607 Capital Partners LLC now owns 2,670,304 shares of the financial services provider’s stock worth $12,978,000 after acquiring an additional 467,821 shares during the last quarter. Hedge funds and other institutional investors own 35.22% of the company’s stock.

TCW Strategic Income Fund Company Profile

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.