The TCW Strategic Income Fund, Inc. (NYSE:TSI) announced that its Board of Directors declared a quarterly distribution of $0.075. The distribution is payable on July 11, 2008 to shareholders of record on June 30, 2008.
The distribution is based on the managed distribution policy which is to make a quarterly distribution equal to 7% per annum of the Fund's prior year-end net asset value per share. Distribution policies are a matter of Board discretion and may be modified or terminated at any time without prior notice.
TSI is a closed-end fund listed on the New York Stock Exchange. The Fund began operations in March 1987 and currently has net assets of approximately $203 million.
Contacts:
Myles Bozinovski, 213-244-0959