Sit Investment reports 19.47M shares (40.7%) of TCW Strategic Income
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.
Sentiment and the balance of points
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Rhea-AI Filing Summary
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.
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.
Key Figures
Key Terms
Schedule 13G/A regulatory
Rule 13d-4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Sit Investment Associates report in TCW Strategic Income Fund Inc (TSI)?
Which entities filed the Schedule 13G/A for TSI?
How is voting and dispositive power reported in the amendment?
AI-generated analysis. How Rhea-AI works. Not financial advice.