Peter McMillan, a director of TCW Strategic Income Fund Inc, reported a purchase of 32,610 shares of the fund's common stock on February 18, 2026. The shares were acquired at $4.70 apiece, bringing the total value of the transaction to $153,267.
After completing this buy, McMillan's direct ownership in the fund stands at 250,000 shares. The trade occurred while the share price was close to its 52-week low of $4.58; at the time of the report the stock was quoted at $4.64.
The report notes two headline metrics for the fund: an indicated dividend yield of 8.72% and a price-to-earnings ratio of 9.9. These figures are presented alongside a reference to InvestingPro, which the report says offers six additional exclusive tips related to TSI, and reiterates that the stock pays a significant dividend to shareholders.
Below are the primary takeaways and considerations drawn directly from the transaction and the data provided.
Transaction details
- Shares purchased: 32,610 common shares
- Price per share: $4.70
- Total transaction value: $153,267
- Transaction date: February 18, 2026
Post-transaction holdings and market context
- Direct ownership after purchase: 250,000 shares
- Recent trading range: near 52-week low of $4.58; latest quoted price $4.64
- Fund metrics reported: dividend yield 8.72%; P/E ratio 9.9
The information provided is limited to the transaction, the fund-level metrics noted above, and the reference to InvestingPro's additional tips. The report does not include further commentary on McMillan's intentions, the fund's net asset value, or other contextual data beyond those points.