News headlines about TCW Strategic Income Fund (NYSE:TSI) have trended somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TCW Strategic Income Fund earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.7116646760167 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
TCW Strategic Income Fund (TSI) opened at $5.71 on Tuesday. TCW Strategic Income Fund has a 1-year low of $5.23 and a 1-year high of $6.16.
The firm also recently announced a special dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.033 per share. The ex-dividend date is Thursday, December 28th. This represents a dividend yield of 7.97%.
TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.
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