TCW Strategic Income Fund will issue one transferable subscription right for each common share held, allowing existing shareholders to purchase additional shares of the fund. These rights can be traded or transferred, providing flexibility for holders who do not wish to exercise their subscription privileges themselves.

The fund’s board has approved an increase to the monthly distribution rate on its common shares, raising the payout starting in the current month. This boost in yield aims to enhance shareholder returns and reflect the fund’s income-generating capacity in the prevailing interest rate environment.