Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC amended their Schedule 13G to report shared voting and dispositive power over 19,466,218 shares of TCW Strategic Income Fund Inc. common stock, equal to 40.7% of the class.
The filing cites 47,785,440 shares outstanding as of December 31, 2025 as the denominator. The filers state these shares are held in client accounts they advise and, pursuant to Rule 13d-4, disclaim beneficial ownership of the reported securities.
Positive
None.
Negative
None.
Insights
Large passive position reported by advisory firms; ownership is advisory, not direct.
The amendment shows Sit Investment Associates and its subsidiary Sit Fixed Income Advisors II report shared voting and dispositive power over 19,466,218 shares (40.7%) of TCW Strategic Income Fund Inc. These shares are held in multiple client accounts managed by the advisers.
Filing language invokes Rule 13d-4, where the advisers disclaim beneficial ownership, indicating the position arises from fiduciary management rather than proprietary stakes. Subsequent filings may disclose any changes to the advisers' reported powers or account composition.
Shared voting/dispositive power19,466,218 sharesAmount reported with shared power by the filers
Reported ownership percentage40.7%Percent of class based on shares outstanding as of 12/31/2025
Shares outstanding (denominator)47,785,440 sharesShares outstanding as of <date> December 31, 2025 (source: Issuer's Form N-CSR)
Key Terms
Schedule 13G/A, Rule 13d-4, shared dispositive power
3 terms
Schedule 13G/Aregulatory
"amended their Schedule 13G to report shared voting and dispositive power"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Rule 13d-4regulatory
"Pursuant to Rule 13d-4, SIA and SFI disclaim beneficial ownership"
What stake does Sit Investment Associates report in TCW Strategic Income Fund Inc (TSI)?
They report shared voting and dispositive power over 19,466,218 shares, representing 40.7% of the class. The percentage uses 47,785,440 shares outstanding as of December 31, 2025 as the denominator.
Does Sit Investment Associates claim beneficial ownership of the reported TSI shares?
No. The filing states the shares are held in client accounts and, pursuant to Rule 13d-4, the advisers disclaim beneficial ownership. They report advisory control only, not direct economic ownership.
Which entities filed the Schedule 13G/A for TSI?
The amendment was filed by Sit Investment Associates, Inc. and its subsidiary Sit Fixed Income Advisors II, LLC, listing their business addresses and citizenship (Minnesota and Delaware, respectively).
What date is used for the shares outstanding calculation in the TSI filing?
The filing uses 47,785,440 shares outstanding as of December 31, 2025, as reported in the issuer's Form N-CSR. That figure is the basis for the reported 40.7% ownership percentage.
How is voting and dispositive power reported in the amendment?
Both filers report 0 sole power and 19,466,218 shared voting and dispositive power, indicating authority exercised jointly across client accounts rather than individual sole control.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
TCW STRATEGIC INCOME FUND INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
872340104
(CUSIP Number)
04/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
872340104
1
Names of Reporting Persons
Sit Investment Associates, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MINNESOTA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,466,218.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,466,218.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,466,218.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
40.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
872340104
1
Names of Reporting Persons
Sit Fixed Income Advisors II, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,466,218.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,466,218.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,466,218.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
40.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
TCW STRATEGIC INCOME FUND INC
(b)
Address of issuer's principal executive offices:
515 South Flower Street, Los Angeles, CA 90071
Item 2.
(a)
Name of person filing:
Sit Investment Associates, Inc.
Sit Fixed Income Advisors II, LLC
(b)
Address or principal business office or, if none, residence:
c/o Sit Investment Associates, Inc.
80 South Eighth Street, Suite 3300
Minneapolis, MN 55402
(c)
Citizenship:
Sit Investment Associates, Inc. Minnesota Corporation
Sit Fixed Income Advisors II, LLC Delaware LLC
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
872340104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to item 9 on each cover page.
(b)
Percent of class:
See response to item 11 on each cover page.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See response to item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See response to item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See response to item 8 on each cover page.
The ownership percentages reported are based on 47,785,440 shares of common stock outstanding as of December 31, 2025, as reported in the Issuer's Report on Form N-CSR filed with the Securities Exchange Commission.
Sit Investment Associates, Inc. ("SIA") is an investment adviser registered under section 203 of the Investment Advisers Act of 1940. Sit Fixed Income Advisors II, LLC ("SFI") is an investment adviser registered under section 203 of the Investment Advisers Act of 1940 and a subsidiary of SIA. SIA and SFI provide investment management services to client accounts ("Accounts"). In their roles as investment advisers SIA and SFI possess shared voting and investment power over securities of the Issuer described in this schedule 13G owned by the Accounts and may be deemed to be the beneficial owner of such shares of the Issuer owned by the Accounts. All securities reported in this schedule 13G are owned by the Accounts. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), SIA and SFI disclaim beneficial ownership of such securities.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Accounts are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
Except as may be indicated if this is a joint filing with a registered investment company managed by SIA or SFI, not more than 5% of the class of such securities is owned by any one Account subject to the investment advice of SIA or SFI.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
