The closed-end fund has adjusted its distributions from quarterly to monthly beginning in January 2026.
The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund, Inc. (NYSE:TSI) has declared a monthly distribution of $0.0217 per share payable on January 30, 2026, to shareholders of record on January 15, 2026.
The distribution is based on a new policy approved by the Fund's Board of Directors to pay distributions on a monthly basis instead of quarterly. As a result, distributions will be based on the Fund's accumulated net investment income and/or other sources by month, rather than by quarter. This change will lead to changes in both the frequency and size of distributions but is not expected to have an impact on the aggregate annual distribution. The $0.0217 per share dividend in January would be equivalent to a quarterly distribution of $0.065 per share.
The Directors continue to 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 $250 million. The Fund's prospectus is available at no charge on tcw.com.
About The TCW Group
TCW is a global asset management firm with more than fifty years of experience in fixed income, equities, and alternative strategies. Guided by a disciplined, research-driven approach, we concentrate on areas where deep expertise makes a meaningful difference. Through rigorous fundamental analysis, prudent risk management, and high-conviction decision-making, we strive to construct portfolios that uncover opportunities and deliver enduring value. We partner with institutions, insurers, financial advisors, and individual investors worldwide, providing clarity and a long-term perspective to help our clients navigate in ever-changing markets. For more information, please visit 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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