Relative Value Partners Group Lowers stake in TCW Strategic Income Fund (TSI)

TCW Strategic Income Fund (TSI) : Relative Value Partners Group reduced its stake in TCW Strategic Income Fund by 0.47% during the most recent quarter end. The investment management company now holds a total of 5,981,257 shares of TCW Strategic Income Fund which is valued at $31.8 Million after selling 28,330 shares in TCW Strategic Income Fund , the firm said in a disclosure report filed with the SEC on May 11, 2016.TCW Strategic Income Fund makes up approximately 3.88% of Relative Value Partners Group’s portfolio.

Other Hedge Funds, Including , Bronfman E.l. Rothschild boosted its stake in TSI in the latest quarter, The investment management firm added 14 additional shares and now holds a total of 2,927 shares of TCW Strategic Income Fund which is valued at $15,513.Wedbush Securities Inc boosted its stake in TSI in the latest quarter, The investment management firm added 7,753 additional shares and now holds a total of 26,899 shares of TCW Strategic Income Fund which is valued at $142,565. TCW Strategic Income Fund makes up approx 0.03% of Wedbush Securities Inc’s portfolio. Oppenheimer Co Inc sold out all of its stake in TSI during the most recent quarter. The investment firm sold 15,000 shares of TSI which is valued $79,800.

TCW Strategic Income Fund Inc. (the Fund) is a diversified closed-end investment management company. The Fund’s investment objective is to seek a total return consisting of current income and capital appreciation by investing in convertible securities marketable equity securities investment-grade debt securities high-yield debt securities and securities issued or guaranteed by the United States Government its agencies and instrumentalities (the United States Government Securities). The Fund also invests in repurchase agreements mortgage related securities asset-backed securities money market securities other securities and derivative instruments. The Fund invests in a range of industries including residential mortgage-backed securities – non-agency asset-backed securities diversified financial services airlines real estate pipelines commercial services insurance oil and gas and telecommunications. The Fund’s investment advisor is TCW Investment Management Company.

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