Company: TSI
Filing Date: 2025-08-08
Form Type: N-2
Source: 0001193125-25-177098
Chunk: 221

Company: TCW STRATEGIC INCOME FUND INC
Filing Date: 2025-08-08
Form: N-2
Chunk 221
---
 associated with closed-end investment companies. Open-end investment companies typically
engage in a continuous offering of their shares and may maintain large cash positions or liquidate favorable investments to meet redemptions. Open-end investment companies are thus subject to
periodic asset in-flows and out-flows that can complicate portfolio management. In addition, certain of the Fund’s investment policies and
restrictions are incompatible with the requirements applicable to an open-end investment company. Accordingly, conversion to an open-end investment
company would require material changes to the Fund’s investment policies.

REPURCHASE OF COMMON STOCK

The Fund’s stockholders do not have the right to require redemption of their shares by the Fund. The Fund, however, may
repurchase its shares in the open market from time to time, although nothing herein shall be considered a commitment to repurchase such shares. Any such repurchases shall be subject to the Maryland General Corporation Law and to limitations imposed
by the 1940 Act. In 2000, the Fund’s Board of Directors authorized the Fund to repurchase up to two million of its shares. Subject to the Fund’s investment restriction with respect to borrowings, the Fund may incur debt in an amount not
exceeding 5% of total assets to finance share repurchase transactions. Shares repurchased by the Fund will be held as treasury shares until reissued.

The Fund does not expect to consider the repurchase of any of its shares except at a price below net asset value. [During the fiscal year
ended December 31, 2024, the Fund did not repurchase any shares.]

CERTAIN U.S. FEDERAL INCOME TAX MATTERS

The following is a description of certain material U.S. federal income tax considerations affecting the Fund and the material U.S.
federal income tax consequences of owning and disposing of shares of Common Stock. The discussion below provides general tax information related to an investment in shares of Common Stock, but this discussion does not purport to be a complete
description of the U.S. federal income tax consequences of an investment in the shares of Common Stock. It is based on the Code and Treasury regulations thereunder and administrative pronouncements, all as of the date hereof, any of which is subject
to change, possibly with retroactive effect. In addition, it does not describe all of the tax consequences that may be relevant in light of a holder of Common Stock’s (for purposes of this section, a “Common Stockholder’s”)
particular circumstances, including