# TCW Strategic Income Fund, Inc. (TSI): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tsi for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: TCW / MetWest · Asset class: Bond - Strategy: Actively Managed · Inception: 1987-02-26 The TCW Strategic Income Fund, Inc. (TSI) operates as a closed-end, balanced mutual fund, originally established by The TCW Group, Inc. Its investment operations are directed by TCW Investment Management Company. The fund strategically allocates capital across both public equity and fixed-income markets within the United States. For its equity component, it pursues investments in growth and value stocks of companies spanning diverse sectors. The fixed-income portfolio exhibits broad diversification, encompassing mortgage-backed securities, asset-backed securities, money market instruments,... ## Key Facts | Metric | Value | |---|---| | Price | $4.23 | | Expense Ratio | 1.20% | | Market Value | $269.5M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 10.83% | | Annual Distribution (TTM) | $0.46 /share | | Distribution Frequency | Monthly | | 52-Week Range | $4.11 – $4.98 | | Beta | 0.33 | ## Latest Distribution - Amount: $0.0283 /share - Ex-date: 2026-10-16 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does TSI invest in? The TCW Strategic Income Fund, Inc. (TSI) operates as a closed-end, balanced mutual fund, originally established by The TCW Group, Inc. Its investment operations are directed by TCW Investment Management Company. The fund strategically allocates capital across both public equity and fixed-income markets within the United States. For its equity component, it pursues investments in growth and value stocks of companies spanning diverse sectors. The fixed-income portfolio exhibits broad diversification, encompassing mortgage-backed securities, asset-backed securities, money market instruments, convertible securities, high-yield bonds, collateralized debt obligations (CDOs), and debt obligations issued or guaranteed by the United States Government or its associated agencies and instrumentalities. To assess its performance, the fund utilizes several benchmarks: the S&P 500 Index, the NASDAQ, and a specially constructed custom index. This bespoke benchmark incorporates the Barclays U.S. Aggregate Bond Index, the Citigroup High Yield Cash Pay Index, the S&P 500 Index, and the BofA Merrill Lynch All Convertibles All Qualities. The fund was formed in the United States on January 13, 1987, and was previously known as the TCW Convertible Securities Fund, Inc. ### What is the expense ratio of TSI? TCW Strategic Income Fund, Inc. (TSI) charges an expense ratio of 1.20%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TSI's dividend yield? TSI's trailing-twelve-month yield is 10.83%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of TSI? Effective duration measures TSI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TSI's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of TSI? TSI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of TSI? Yield to maturity (YTM) is the total return you'd earn from TSI if every bond in the portfolio is held to maturity at the current price. TSI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does TSI pay a dividend? Yes, TCW Strategic Income Fund, Inc. (TSI) distributes dividends to shareholders. The trailing-twelve-month yield is 10.83%. Full dividend history is on this page. ### How often does TSI pay dividends? TCW Strategic Income Fund, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TSI's next ex-dividend date? The most recently announced ex-dividend date for TSI was 2026-10-16. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will TSI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.20% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TSI charge its expense ratio? The expense ratio is deducted in tiny daily slices from TSI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TSI cost more than a fund like VOO? TSI is actively managed (current expense ratio 1.20%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TSI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TSI? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as TSI (1.20%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tsi - Distribution history: https://www.dividenddata.com/funds/tsi/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tsi/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tsi/expenses - Peer comparison: https://www.dividenddata.com/funds/tsi/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.