Tcw Strategic Income Fund, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
February 27, 2020 at 01:59 am IST
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TCW Strategic Income Fund, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 17.975 million compared to USD 0 a year ago. Net income was USD 22.120 million compared to USD 0 a year ago.
TCW Strategic Income Fund, Inc. (the Fund) is a diversified, closed-end investment management company. The Fundâs investment objective is focused on achieving a total return comprised of current income and capital appreciation, and it seeks to achieve its investment objective by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (United States Government Securities), repurchase agreements, mortgage-related securities, convertible securities, asset-backed securities, money market securities, and other securities and derivative instruments without limit believed by the Fundâs investment advisor to be consistent with the Fundâs investment objective. TCW Investment Management Company LLC (the Advisor) is the investment advisor of the Fund.