Nomura Holdings Inc. Takes Position in TCW Strategic Income Fund, Inc. (NYSE:TSI)

Nomura Holdings Inc. purchased a new stake in TCW Strategic Income Fund, Inc. (NYSE:TSI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 23,598 shares of the financial services provider’s stock, valued at approximately $108,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Forum Financial Management LP acquired a new stake in shares of TCW Strategic Income Fund during the 4th quarter valued at $46,000. MB Generational Wealth LLC acquired a new stake in shares of TCW Strategic Income Fund during the 4th quarter valued at $78,000. Sheaff Brock Investment Advisors LLC acquired a new stake in shares of TCW Strategic Income Fund during the 4th quarter valued at $92,000. Whitener Capital Management Inc. boosted its holdings in shares of TCW Strategic Income Fund by 45.0% during the 4th quarter. Whitener Capital Management Inc. now owns 38,335 shares of the financial services provider’s stock valued at $176,000 after acquiring an additional 11,890 shares in the last quarter. Finally, Stonebrook Private Inc. acquired a new stake in shares of TCW Strategic Income Fund during the 4th quarter valued at $191,000. Institutional investors own 35.22% of the company’s stock.

TCW Strategic Income Fund Price Performance

NYSE TSI opened at $4.75 on Tuesday. TCW Strategic Income Fund, Inc. has a twelve month low of $4.48 and a twelve month high of $4.87. The business’s fifty day moving average is $4.63 and its 200 day moving average is $4.68.

TCW Strategic Income Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 5.05%. The ex-dividend date is Friday, June 28th.

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.