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TCW Strategic Income Fund (TSI)

Taxable Bond Funds - Multisector Bond Funds

Data as of Sept. 20, 2023
Market Price $4.67 (- $0.01)
NAV (Sept. 20, 2023) $5.05 (- $0.01)
Fund Listed NYSE
Premium / Discount -7.52% (-0.01%)
Fund Info
Inception March 5, 1987
Sponsor TCW Investment Management
Phone 866 227 8179
Location California
Incorporated Maryland
Staggered Board No
Term Date N/A
Objective: Current income and capital appreciation; fixed income and equity investments
Related Indexes
Investment Grade Bond Index
Capital & Leverage
Outstanding Shares 47,785,440
Total Assets (Reported: June 30, 2023) $305M
Estimated Total Assets $243M
Net Assets $241M
Market Cap $223M
Portfolio Turnover 121.29%
Total Leverage 0.58%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.02%
Non Lev Exp Ratio 0.95%
Rel Lev Cost 9.33%
Discount Data
Average Discount (3 Yr) -4.54%
Discount Low(3 Yr) -9.28%
Discount High(3 Yr) 1.41%
Discount Rel Range (3 Yr) 16.40%
Comp Discount -2.56
Discount St Dev (1Yr) 2.14
Z-Stat (6mo) -0.24
Z-Stat (1Yr) -0.63
Z-Stat (3Yr) -1.17
Comp Z-Stat (6mo) 0.02
Comp Z-Stat (3Yr) -0.62
Distribution Data
Market Yield 5.14%
Income Yield 5.14%
Lev Adj NAV Yield 4.73%
Distribution Frequency Q
Current Distribution $0.060
Current Income $0.060
Ex-Date 9/28/23
Payable Date 10/13/23
Div Growth (3yr) -7.69%
Dividend Change 9.1% on 9/16/22
Expected Div 12/15/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $417
Avg Volume 30 day 55,008
Avg Volume 90 day 89,190
Volume Trend -38.32%
Comp Volume Trend -34.23%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Multisector Bond Fund Index
Most Correlated Peer (Mk Pr): MGF 49.0%
NAV - Price Correlation (30 d) 74.5%
NAV - Price Correlation (90 d) 76.7%
NAV - Price Correlation (1 Yr) 42.3%
Price St Dev (1Yr) 12.9%
NAV St Dev (1Yr) 6.2%
Earnings / Share (6/30/23) $0.064
Earn Coverage 106.17%
Earnings Trend Down
UNII / Share (6/30/23) $0.022
Rel UNII 9.25
UNII Trend Up
Bond Specific Data
Maturity 16.08
Duration 2.96
Credit Rating (rbo) BBB
Investment Grade 60.63%
Non Investment Grade 39.37%
Unrated Bonds 0.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Multisector Bond Fund Index

DISCLOSURES: makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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