Sit Investment discloses 32.6% stake in TCW Strategic Income
Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC report shared voting and dispositive power over 20,744,061 shares of TCW Strategic Income Fund Inc. Common Stock, representing 32.6% of the class.
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Rhea-AI Filing Summary
Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC report shared voting and dispositive power over 20,744,061 shares of TCW Strategic Income Fund Inc. Common Stock, representing 32.6% of the class. The percentage is calculated using 63,713,920 shares outstanding as of December 31, 2025, adjusted for the issuer's rights offering on February 19, 2026.
The filing states SIA and SFI act as investment advisers to client accounts that own the reported shares and disclaim beneficial ownership pursuant to Rule 13d-4 of the Exchange Act. The filing identifies the issuer's principal executive office and the CUSIP 872340104.
Insights
Large advisory-managed holding disclosed; advisers report shared control but disclaim beneficial ownership.
The filing shows SIA and SFI together exercise shared voting and dispositive power over 20,744,061 shares (32.6%) of the issuer, based on 63,713,920 shares outstanding as of December 31, 2025. The statement attributes ownership to client Accounts managed by the advisers.
Petitioning language follows Rule 13d-4: SIA and SFI disclaim beneficial ownership while acknowledging advisory control over the Accounts' securities. Subsequent investor disclosures or amendments would be the primary sources for changes to this position.
Key Figures
Key Terms
beneficial ownership regulatory
Rule 13d-4 regulatory
FAQ
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