Company: TSI
Filing Date: 2025-08-08
Form Type: N-2
Source: 0001193125-25-177098
Chunk: 244

Company: TCW STRATEGIC INCOME FUND INC
Filing Date: 2025-08-08
Form: N-2
Chunk 244
---
 including any exhibits and schedules thereto. For further
information with respect to the Fund, the shares of Common Stock, reference is made to the registration statement. A copy of the registration statement may be reviewed on the SEC’s EDGAR database on the SEC’s internet site
(http://www.sec.gov) or upon payment of copying fees by electronic request to .

-56-

APPENDIX A Description of S&P, Moody’s and Fitch Credit Ratings S&P’s Long-Term Issue Credit Ratings*

| AAA                   |     | An obligation rated ‘AAA’ has the highest rating assigned by Standard & Poor’s. The obligor’s capacity to meet its financial commitments on the obligation is extremely strong.                                                      |
| AA                    |     | An obligation rated ‘AA’ differs from the highest-rated obligations only to a small degree. The obligor’s capacity to meet its financial commitments on the obligation is very strong.                                               |
| A                     |     | An obligation rated ‘A’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher-rated categories. However, the obligor’s capacity to meet its             
 financial commitments on the obligation is still strong.                                                                                                                                                                             |
| BBB                   |     | An obligation rated ‘BBB’ exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to weaken the obligor’s capacity to meet its financial commitments on              
 the obligation.                                                                                                                                                                                                                      |
| BB; B; CCC; CC; and C |     | Obligations rated ‘BB’, ‘B’, ‘CCC’, ‘CC’, and ‘C’ are regarded as having significant speculative characteristics. ‘BB’ indicates the least degree of speculation and                                                                 
 ‘C’ the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposure to adverse conditions.                                        |
| BB                    |     | An obligation rated ‘BB’ is less vulnerable to nonpayment than other speculative issues. However, it faces major ongoing uncertainties or exposure to adverse business, financial, or economic conditions that could lead to         
 the obligor’s inadequate capacity to meet its financial commitments on the obligation.                                                                                                                                               |
| B                     |     | An obligation rated ‘B’ is more vulnerable to nonpayment than obligations rated ‘BB’, but the obligor currently has the capacity to meet its financial commitments on the obligation. Adverse business, financial,                   
 or economic conditions will likely impair the obligor’s capacity or willingness to meet its financial