Invesco Ltd. Grows Stock Holdings in TCW Strategic Income Fund, Inc. $TSI

Invesco Ltd. raised its position in shares of TCW Strategic Income Fund, Inc. (NYSE:TSI) by 0.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 401,659 shares of the financial services provider’s stock after purchasing an additional 3,225 shares during the period. Invesco Ltd. owned approximately 0.84% of TCW Strategic Income Fund worth $1,952,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. NBC Securities Inc. raised its position in TCW Strategic Income Fund by 107,262.5% during the first quarter. NBC Securities Inc. now owns 8,589 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 8,581 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of TCW Strategic Income Fund during the fourth quarter valued at about $49,000. Avidian Wealth Enterprises LLC bought a new position in shares of TCW Strategic Income Fund during the first quarter valued at about $49,000. Sowell Financial Services LLC bought a new position in shares of TCW Strategic Income Fund during the first quarter valued at about $162,000. Finally, Bank of America Corp DE grew its stake in shares of TCW Strategic Income Fund by 11.7% during the fourth quarter. Bank of America Corp DE now owns 39,930 shares of the financial services provider’s stock valued at $192,000 after buying an additional 4,167 shares during the last quarter. Hedge funds and other institutional investors own 35.22% of the company’s stock.

TCW Strategic Income Fund Stock Up 0.1%

Shares of NYSE:TSI opened at $4.96 on Monday. The stock’s 50-day moving average price is $4.92 and its 200-day moving average price is $4.90. TCW Strategic Income Fund, Inc. has a 12-month low of $4.61 and a 12-month high of $5.21.

TCW Strategic Income Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Monday, June 30th were paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, June 30th.

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.