TCW Strategic Income Fund Announces First Quarter Distribution
17 Mars 2017 - 9:15PM
Business Wire
TCW Strategic Income Fund, Inc. (NYSE:TSI) today announced a
quarterly distribution of $0.055 per share payable to shareholders
of record on March 31, 2017, with the payable date of April 13,
2017.
The distribution is based on a policy that was approved by the
Board of Directors in December 2013 which was to pay distributions
out of the Fund’s accumulated net investment income and/or other
sources subject to the requirements of the Investment Company Act
of 1940, as amended, and Sub-chapter M of the Internal Revenue
Code. The Directors will regularly monitor conditions and
circumstances relating to the distribution of dividends and make
such changes as they, in consultation with the Fund’s portfolio
managers, deem appropriate. Distribution policy is a matter of
Board discretion and may be modified or terminated at any time
without prior notice.
TSI is a closed-end fund listed on the New York Stock Exchange.
The Fund began operations in March 1987 and currently has net
assets of approximately $280 million.
About The TCW Group
TCW is a leading global asset management firm with a broad range
of products across fixed income, equities, emerging markets and
alternative investments. With more than four decades of investment
experience, TCW today manages over $190 billion in client assets.
Through the MetWest Funds, TCW Funds and TCW Alternative Funds
families, TCW manages one of the largest mutual fund complexes in
the U.S. TCW’s clients include many of the world’s largest
corporate and public pension plans, financial institutions,
endowments and foundations, as well as financial advisors and high
net worth individuals. For more information, please visit
www.tcw.com.
Various matters discussed in this news release constitute
forward-looking statements within the meaning of the federal
securities laws. Actual results and the timing of certain events
could differ materially from those projected or contemplated by
these forward-looking statements due to a number of factors,
including general economic conditions, overall availability of
certain types of securities for investment by the Fund, the level
of volatility in the securities markets and in the share price of
the Fund, and other risk factors outlined in the Fund’s SEC
Filings.
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version on businesswire.com: http://www.businesswire.com/news/home/20170317005606/en/
TCW Strategic Income Fund, Inc.InvestorsJohn Brigida,
800-386-3829orMediaDoug Morris, 213-244-0509Head of
Corporate Marketing and Communications
TCW Strategic Income (NYSE:TSI)
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