TCW Strategic Income Fund (TSI) : Wescap Management Group scooped up 6,192 additional shares in TCW Strategic Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 545,859 shares of TCW Strategic Income Fund which is valued at $2,953,097.TCW Strategic Income Fund makes up approximately 1.39% of Wescap Management Group’s portfolio.
Other Hedge Funds, Including , Cable Hill Partners added TSI to its portfolio by purchasing 424 company shares during the most recent quarter which is valued at $2,294. Monroe Bank Trustmi sold out all of its stake in TSI during the most recent quarter. The investment firm sold 5,400 shares of TSI which is valued $29,214.
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.