News articles about TCW Strategic Income Fund (NYSE:TSI) have trended somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded 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 daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.056474754968 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of TCW Strategic Income Fund (NYSE:TSI) opened at $5.65 on Wednesday. TCW Strategic Income Fund has a 52 week low of $5.27 and a 52 week high of $6.16.
The business also recently declared a special dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be paid a $0.033 dividend. This represents a dividend yield of 7.97%. The ex-dividend date is Thursday, December 28th.
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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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