TCW Strategic Income Fund (TSI) : Wescap Management Group reduced its stake in TCW Strategic Income Fund by 2.89% during the most recent quarter end. The investment management company now holds a total of 530,077 shares of TCW Strategic Income Fund which is valued at $2,751,100 after selling 15,782 shares in TCW Strategic Income Fund , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.TCW Strategic Income Fund makes up approximately 1.43% of Wescap Management Group’s portfolio.
Other Hedge Funds, Including , Kovitz Investment Group Partners reduced its stake in TSI by selling 4,460 shares or 0.89% in the most recent quarter. The Hedge Fund company now holds 494,430 shares of TSI which is valued at $2,566,092. TCW Strategic Income Fund makes up approx 0.15% of Kovitz Investment Group Partners’s portfolio.Nwam reduced its stake in TSI by selling 686 shares or 1.32% in the most recent quarter. The Hedge Fund company now holds 51,150 shares of TSI which is valued at $271,095. TCW Strategic Income Fund makes up approx 0.11% of Nwam’s portfolio.
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.