Company: TSI
Filing Date: 2025-03-05
Form Type: N-CSR
Source: 0001193125-25-046168
Chunk: 14

Company: TCW STRATEGIC INCOME FUND INC
Filing Date: 2025-03-05
Form: N-CSR
Chunk 14
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 funds.Money market funds are open-endmutual funds that invest in short-term debt securities. To the extent that these funds are valued based upon the reported net asset value (“NAV”), they are categorized as Level 1 of the fair value hierarchy. Municipal bonds.Municipal bonds are fair valued based on pricing models that take into account, among other factors, information received from market makers and broker-dealers, current trades, bid-wantedlists, offerings, market movements, the callability of the bond, state of issuance, benchmark yield curves, and bond insurance. To the extent that these inputs are observable and timely, the fair values of municipal bonds are categorized as Level 2; otherwise, the fair values are categorized as Level 3. Options contracts.Option contracts traded on securities exchanges are fair valued using market mid prices; as such, they are categorized as Level 1. Option contracts traded OTC are fair valued based on pricing models and incorporate various inputs such as interest rates, credit spreads, currency exchange rates and volatility measurements for in-the-money, at-the-money,and out-of-the-moneycontracts on a given strike price. To the extent that these inputs are observable and timely, the fair value of OTC option contracts would be categorized as Level 2; otherwise, the fair values would be categorized as Level 3. 34 TCW Strategic Income Fund, Inc. December 31, 2024 Note 2 — Significant Accounting Policies (Continued) Restricted securities.Restricted securities, including illiquid Rule 144A securities, issued by non-publicentities are categorized as Level 3 of the fair value hierarchy because they trade infrequently, and therefore the inputs are unobservable. Any other restricted securities valued similar to publicly traded securities may be categorized as Level 2 or 3 of the fair value hierarchy depending on whether a discount is applied and significant to the fair value. Short-term investments.Short-term investments are valued using market price quotations, and are categorized as Level 1 or Level 2 of the fair value hierarchy. The summary of the fair valuations according to the inputs used as of December 31, 2024 in valuing the Fund’s investments is listed after the Investments by Sector table. Following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value:

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