Tcw Strategic Income Fund Inc (TSI): Tad Rivelle , Portfolio Manager of Tcw Strategic Income Fund Inc purchased 37,600 shares on Dec 11, 2015. The Insider buying transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.15 per share for a total value of $194,127.70 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Laird Landmann (Portfolio Manager) purchased 42,500 shares at $5.34 per share price.On Feb 19, 2016, Tad Rivelle (Portfolio Manager) purchased 24,100 shares at $5.15 per share price.Also, On May 6, 2015, Victoria B Rogers (director) purchased 7,000 shares at $5.45 per share price.On Apr 22, 2015, Charles A Parker (director) sold 300 shares at $5.45 per share price.
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.