TSI - TCW Strategic Income Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Aug 14, 2026

   1607 Capital sold down below 5% and stopped reporting.

   Original document →

2. July 6, 2026

   Sit Investment cut its stake to 32.6% (from 40.7%), as a passive investor.

   Original document →

3. May 15, 2026

   1607 Capital raised its stake to 5.5% (from 4.1%), as a passive investor.

   Original document →

4. May 5, 2026

   Sit Investment raised its stake to 40.7% (from 35.4%), as a passive investor.

   Original document →

5. April 6, 2026

   Sit Investment raised its stake to 35.4% (from 19.8%), as a passive investor.

   Original document →

About this fund

• Run by TCW Investment Management Company LLC. Part of the TCW Family of Investment Companies fund family. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Size: about $310 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 12% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.6% a year in management fees; 1.2% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Dec 31, 2025) the fund paid $0.33 a share, all of it income. As of Dec 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Dec 31, 2025): $5.11. The shares traded at $4.94, about 3.3% below that. As of Dec 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: up 1.5% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +6.8%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Dec 31, 2025): the value of the holdings returned +8.2%. As of Dec 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 1995.

What the fund holds

Mostly mortgage bonds (37%), the rest bonds, shares and asset-backed bonds. About 87% issued in the U.S.

1. TCW Private Asset Income Fund - 10.3%
2. Cash and short-term - 4.5%
3. TCW Steel City BDC - 4.4%
4. Umbs, TBA, Uniform Mortgage-Backed Security, TBA - 8.4%
5. U.K. Gilts - 2.7%
6. Government National Mortgage Association, Ginnie Mae - 1.9%
7. Freddie Mac Pool - 1.2%
8. Mastr Asset Backed Securities Trust 2007-HE1 - 0.6%
9. Vita Scientia 2022-1 DAC - 0.6%
10. Fannie Mae Pool - 1%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →