How To Play The TSI Rights Offering

Mar 15, 2026

∙ Paid

Summary

TCW Strategic Income (TSI) announced a transferable rights offering with a deep discount structure and a 1-for-3 subscription ratio, expiring March 18, 2026.
TSI’s rights offering is likely to result in higher NAV dilution due to its 88% of NAV floor and fund-borne offering expenses.
The fund recently switched to a level, monthly distribution and r…