DOS

NPORT-EX 2 NPORT_I7B1_17291388_0922.htm DOS

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited)


Issues	Maturity Date		Principal Amount		Value

FIXED INCOME SECURITIES—105.4% of Net Assets
ASSET-BACKED SECURITIES—17.3%
Allegro CLO XII, Ltd. (20-1A-B) 4.43% (3 mo. USD LIBOR + 1.700%)^(1),(2)		01/21/32	$	475,000	$	454,100
Allegro CLO XIII, Ltd. (21-1A-B) 4.41% (3 mo. USD LIBOR + 1.700%)^(1),(2)		07/20/34		650,000		610,545
AMSR Trust (20-SFR1-I) 8.19%⁽¹⁾		04/17/37		685,000		664,330
AMSR Trust (20-SFR2-F) 5.25%⁽¹⁾		07/17/37		1,375,000		1,309,562
AMSR Trust (20-SFR3-E1) 2.56%⁽¹⁾		09/17/37		1,000,000		899,252
Apidos CLO XXXVII (21-37A-B) 4.36% (3 mo. USD LIBOR + 1.600%)^(1),(2)		10/22/34		725,000		676,280
Bayview Commercial Asset Trust (03-2-A) 3.95% (1 mo. USD LIBOR + 0.870%)^(1),(2),(3)		12/25/33		157,025		154,829
Bayview Commercial Asset Trust (04-2-A) 3.73% (1 mo. USD LIBOR + 0.645%)^(1),(2)		08/25/34		185,882		184,973
Bayview Commercial Asset Trust (04-3-A1) 3.64% (1 mo. USD LIBOR + 0.555%)^(1),(2)		01/25/35		93,083		92,651
Blackrock Rainier CLO VI, Ltd. (21-6A-A) 4.41% (3 mo. USD LIBOR + 1.700%)^(1),(2)		04/20/33		700,000		667,119
BMO SBA COOF Trust (19-1-A) (I/O) 1.72%^(1),(4)		10/25/45		6,258,547		343,766
Carvana Auto Receivables Trust (20-P1-R) 0.00%^(1),(5)		09/08/27		2,000		353,075
Carvana Auto Receivables Trust (21-N3-R) 0.00%^(1),(5)		06/12/28		2,200		692,658
Carvana Auto Receivables Trust (22-N1-R) 0.00%^(1),(5)		12/11/28		4,700		824,482
Carvana Auto Receivables Trust (22-P-2R) 0.00%^(1),(5)		05/10/29		3,700		645,631
Carvana Auto Receivables Trust (22-P1-R) 0.00%^(1),(5)		01/10/29		2,200		789,640
Carvana Auto Receivables Trust (22-P3-R) 0.00%^(1),(5)		09/10/29		2,900		500,685
Cedar Funding II CLO, Ltd. (13-1A-BRR) 4.06% (3 mo. USD LIBOR + 1.350%)^(1),(2)		04/20/34		700,000		640,080
Cedar Funding XII CLO, Ltd. (20-12A-A1R) 3.91% (3 mo. USD LIBOR + 1.130%)^(1),(2)		10/25/34		1,375,000		1,322,007
CIFC Funding, Ltd. (18-1A-SUB) 1.00%^(1),(4)		04/18/31		650,000		340,231
CIFC Funding, Ltd. (22-2A-INCB) 1.00%^(1),(4)		04/19/35		685,000		591,019
CIT Education Loan Trust (07-1-A) 3.73% (3 mo. USD LIBOR + 0.090%)^(1),(2)		03/25/42		446,709		422,182
COOF Securitization Trust II (15-2-A1) (I/O) 2.68%^(1),(4)		08/25/41		2,955,770		200,890
CoreVest American Finance Trust (19-1-XA) (I/O) 2.44%^(1),(4)		03/15/52		278,841		11,898
CoreVest American Finance Trust (20-1-A2) 2.30%⁽¹⁾		03/15/50		470,000		404,421
CoreVest American Finance Trust (20-3-XA) (I/O) 3.85%^(1),(4)		08/15/53		1,177,267		111,114
CoreVest American Finance Trust (20-3-XB) (I/O) 2.80%^(1),(4)		08/15/53		1,650,000		197,900
Dryden 85 CLO, Ltd. (20-85A-AR) 3.66% (3 mo. USD LIBOR + 1.150%)^(1),(2)		10/15/35		1,375,000		1,317,126
Eaton Vance CLO, Ltd. (20-1A-AR) 3.68% (3 mo. USD LIBOR + 1.170%)^(1),(2)		10/15/34		850,000		817,802
EFS Volunteer No 2 LLC (12-1-A2) 4.43% (1 mo. USD LIBOR + 1.350%)^(1),(2)		03/25/36		728,251		724,079
FirstKey Homes Trust (21-SFR3-E1) 2.99%⁽¹⁾		12/17/38		1,173,000		1,001,465
Global SC Finance II SRL (14-1A-A2) 3.09%⁽¹⁾		07/17/29		79,266		76,758
Goal Capital Funding Trust (06-1-B) 3.45% (3 mo. USD LIBOR + 0.450%)⁽²⁾		08/25/42		157,409		144,008
Harvest Commercial Capital Loan Trust (19-1-A) 3.29%^(1),(4)		09/25/46		346,831		330,382
HPS Loan Management, Ltd. (0A-16-A1RR) 3.85% (3 mo. USD LIBOR + 1.140%)^(1),(2)		04/20/34		875,000		839,113
ITE Rail Fund Levered LP (21-1A-A) 2.25%⁽¹⁾		02/28/51		388,316		331,993
J.G. Wentworth XXXVIII LLC (17-1A-A) 3.99%⁽¹⁾		08/16/60		194,247		176,670
Magnetite VII, Ltd. (12-7A-A1R2) 3.31% (3 mo. USD LIBOR + 0.800%)^(1),(2)		01/15/28		376,087		370,092
Neuberger Berman Loan Advisers CLO, Ltd. (21-43A-A) 3.87% (3 mo. USD LIBOR + 1.130%)^(1),(2)		07/17/35		800,000		769,576
North Carolina State Education Assistance Authority (11-1-A3) 3.68% (3 mo. USD LIBOR + 0.900%)⁽²⁾		10/25/41		1,071,117		1,066,290
OCP CLO, Ltd. (21-21A-B) 4.41% (3 mo. USD LIBOR + 1.700%)^(1),(2)		07/20/34		400,000		376,516
OHA Credit Funding 7, Ltd. (20-7A-AR) 3.85% (SOFR + 1.300%)^(1),(2)		02/24/37		1,400,000		1,345,680
Palmer Square CLO, Ltd. (18-1A-A1) 3.77% (3 mo. USD LIBOR + 1.030%)^(1),(2)		04/18/31		600,000		588,108
Park Avenue Institutional Advisers CLO, Ltd. (21-1A-A2) 4.46% (3 mo. USD LIBOR + 1.750%)^(1),(2)		01/20/34		420,000		388,777
Progress Residential Trust (21-SFR7-E2) 2.64%⁽¹⁾		08/17/40		1,451,000		1,134,901
Progress Residential Trust (21-SFR8-G) 4.01%⁽¹⁾		10/17/38		1,450,000		1,205,931
Progress Residential Trust (21-SFR9-E1) 2.81%⁽¹⁾		11/17/40		1,707,000		1,363,038
Regata XII Funding, Ltd. (19-1A-BR) 4.11% (3 mo. USD LIBOR + 1.600%)^(1),(2)		10/15/32		725,000		670,713
Rockford Tower CLO, Ltd. (20-1A-D) 6.46% (3 mo. USD LIBOR + 3.750%)^(1),(2)		01/20/32		900,000		816,238
Santander Consumer Auto Receivables Trust (21-CA-R) 0.00%⁽¹⁾⁽⁵⁾		06/15/28		5,500		701,107
SLC Student Loan Trust (04-1-B) 3.20% (3 mo. USD LIBOR + 0.290%)⁽²⁾		08/15/31		206,172		189,558

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
SLC Student Loan Trust (06-1-B) 3.50% (3 mo. USD LIBOR + 0.210%)⁽²⁾		03/15/55	$	282,036	$	260,698
SLM Student Loan Trust (04-2-B) 3.25% (3 mo. USD LIBOR + 0.470%)^(2),(3)		07/25/39		246,337		228,394
SLM Student Loan Trust (05-9-B) 3.08% (3 mo. USD LIBOR + 0.300%)⁽²⁾		01/25/41		304,958		287,404
SLM Student Loan Trust (07-6-B) 3.63% (3 mo. USD LIBOR + 0.850%)⁽²⁾		04/27/43		121,726		117,595
SLM Student Loan Trust (07-7-B) 3.53% (3 mo. USD LIBOR + 0.750%)⁽²⁾		10/27/70		150,000		129,997
SLM Student Loan Trust (08-2-B) 3.98% (3 mo. USD LIBOR + 1.200%)⁽²⁾		01/25/83		225,000		189,142
SLM Student Loan Trust (08-3-B) 3.98% (3 mo. USD LIBOR + 1.200%)⁽²⁾		04/26/83		225,000		205,851
SLM Student Loan Trust (08-4-B) 4.63% (3 mo. USD LIBOR + 1.850%)⁽²⁾		04/25/73		515,000		497,214
SLM Student Loan Trust (08-5-B) 4.63% (3 mo. USD LIBOR + 1.850%)⁽²⁾		07/25/73		260,000		254,023
SLM Student Loan Trust (08-6-B) 4.63% (3 mo. USD LIBOR + 1.850%)⁽²⁾		07/26/83		225,000		211,158
SLM Student Loan Trust (08-7-B) 4.63% (3 mo. USD LIBOR + 1.850%)⁽²⁾		07/26/83		305,000		269,459
SLM Student Loan Trust (08-8-B) 5.03% (3 mo. USD LIBOR + 2.250%)⁽²⁾		10/25/75		260,000		250,499
SLM Student Loan Trust (08-9-B) 5.03% (3 mo. USD LIBOR + 2.250%)⁽²⁾		10/25/83		260,000		259,185
SLM Student Loan Trust (13-M1-M1R) 0.00%^(1),(5)		10/28/29		1,000		495,339
Stratus CLO, Ltd. (21-3A) 1.00%^(1),(4)		12/29/29		750,000		569,284
Structured Receivables Finance LLC (10-A-B) 7.61%⁽¹⁾		01/16/46		494,536		502,813
Structured Receivables Finance LLC (10-B-B) 7.97%⁽¹⁾		08/15/36		317,981		326,251
Student Loan Consolidation Center (02-2-B2) 1.65% (28 day Auction Rate)^(1),(2)		07/01/42		1,050,000		969,142
Textainer Marine Containers VII, Ltd. (21-2A-A) 2.23%⁽¹⁾		04/20/46		1,392,067		1,197,491
TIF Funding II LLC (21-1A-A) 1.65%⁽¹⁾		02/20/46		1,319,313		1,104,585
TRESTLES CLO V, Ltd. (21-5A-A1) 3.88% (3 mo. USD LIBOR + 1.170%)^(1),(2)		10/20/34		525,000		502,507
Tricon American Homes Trust (17-SFR2-E) 4.22%⁽¹⁾		01/17/36		1,350,000		1,307,822


Total Asset-backed Securities (Cost: $43,497,186)						40,987,094

MORTGAGE-BACKED SECURITIES—50.0%
Commercial Mortgage-backed Securities—Agency—1.5%
Fannie Mae, Pool #AN3542 3.41%		11/01/46		1,092,648		945,529
Fannie Mae (16-M11-X2) (ACES) (I/O) 2.98%⁽⁴⁾		07/25/39		890,960		21,863
Fannie Mae (19-M29-X4) (ACES) (I/O) 0.70%⁽⁴⁾		03/25/29		7,900,000		256,894
Freddie Mac Multifamily Structured Pass Through Certificates (K032-X3) (I/O) 1.71%⁽⁴⁾		10/25/41		4,020,000		45,550
Freddie Mac Multifamily Structured Pass Through Certificates (K039-X3) (I/O) 2.18%⁽⁴⁾		08/25/42		3,110,000		134,179
Freddie Mac Multifamily Structured Pass Through Certificates (K735-X3) (I/O) 2.23%⁽⁴⁾		05/25/47		3,750,000		244,709
Freddie Mac Multifamily Structured Pass Through Certificates (Q013-XPT2) (I/O) 1.81%⁽⁴⁾		05/25/27		2,881,000		79,741
Freddie Mac Multifamily Structured Pass-Through Certificates (19-P002-X) (I/O) 1.14%⁽⁴⁾		07/25/33		1,295,000		110,384
Freddie Mac Multifamily Structured Pass-Through Certificates (K025-X3) (I/O) 1.81%⁽⁴⁾		11/25/40		4,947,402		391
Freddie Mac Multifamily Structured Pass-Through Certificates (K027-X3) (I/O) 1.76%⁽⁴⁾		01/25/41		4,095,000		16,197
Freddie Mac Multifamily Structured Pass-Through Certificates (K031-X1) (I/O) 0.29%⁽⁴⁾		04/25/23		51,463,831		36,655
Freddie Mac Multifamily Structured Pass-Through Certificates (K031-X3) (I/O) 1.72%⁽⁴⁾		07/25/41		4,500,000		37,964
Freddie Mac Multifamily Structured Pass-Through Certificates (K034-X1) (I/O) 0.16%⁽⁴⁾		07/25/23		25,750,478		14,076
Freddie Mac Multifamily Structured Pass-Through Certificates (K040-X3) (I/O) 2.11%⁽⁴⁾		11/25/42		4,875,000		182,213
Freddie Mac Multifamily Structured Pass-Through Certificates (K049-X3) (I/O) 1.61%⁽⁴⁾		10/25/43		2,330,000		91,757
Freddie Mac Multifamily Structured Pass-Through Certificates (K060-X3) (I/O) 1.96%⁽⁴⁾		12/25/44		2,500,000		165,275
Freddie Mac Multifamily Structured Pass-Through Certificates (K722-X1) (I/O) 1.45%⁽⁴⁾		03/25/23		10,886,452		21,158
Freddie Mac Multifamily Structured Pass-Through Certificates (K726-X1) (I/O) 1.04%⁽⁴⁾		04/25/24		9,849,964		96,576
Freddie Mac Multifamily Structured Pass-Through Certificates (K728-X3) (I/O) 2.02%⁽⁴⁾		11/25/45		3,455,000		138,170
Freddie Mac Multifamily Structured Pass-Through Certificates (K732-X3) (I/O) 2.24%⁽⁴⁾		05/25/46		2,400,000		129,675
Freddie Mac Multifamily Structured Pass-Through Certificates (KC05-X1) (I/O) 1.34%⁽⁴⁾		06/25/27		7,920,571		255,411
Freddie Mac Multifamily Structured Pass-Through Certificates (KIR1-X) (I/O) 1.18%⁽⁴⁾		03/25/26		8,269,598		250,450
Freddie Mac Multifamily Structured Pass-Through Certificates (KW01-X3) (I/O) 4.23%⁽⁴⁾		03/25/29		690,000		76,996

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Freddie Mac Multifamily Structured Pass-Through Certificates (Q010-XPT2) (I/O) 0.36%		08/25/24	$	2,164,871	$	8,676
Ginnie Mae (12-139-IO) (I/O) 0.55%⁽⁴⁾		02/16/53		1,146,734		18,949
Ginnie Mae (13-52-IO) (I/O) 0.09%⁽⁴⁾		02/16/55		6,453,323		10,237
Ginnie Mae (09-114-IO) (I/O) 0.02%⁽⁴⁾		10/16/49		5,038,242		235
Ginnie Mae (10-148-IO) (I/O) 0.29%⁽⁴⁾		09/16/50		5,063,822		51,086
Ginnie Mae (11-105-IO) (I/O) 0.00%⁽⁴⁾		09/16/51		3,813,350		4
Ginnie Mae (11-152-IO) (I/O) 0.03%⁽⁴⁾		08/16/51		1,392,221		1
Ginnie Mae (12-4-IO) (I/O) 0.00%⁽⁴⁾		05/16/52		3,477,350		35
Ginnie Mae (14-103-IO) (I/O) 0.19%⁽⁴⁾		05/16/55		2,178,280		18,656
Ginnie Mae (14-125-IO) (I/O) 0.94%⁽⁴⁾		11/16/54		1,692,110		48,431


Total Commercial Mortgage-backed Securities—Agency (Cost: $7,936,893)						3,508,123

Commercial Mortgage-backed Securities—Non-Agency—6.5%
BBCMS Mortgage Trust (20-BID-D) 7.45% (1 mo. USD LIBOR + 4.630%)^(1),(2)		10/15/37		705,000		693,376
BCRR Trust (16-FRR3-E) 4.29% (-1 mo. USD LIBOR + 18.348%)^(1),(2)		05/26/26		695,789		617,867
Benchmark Mortgage Trust (19-B14-225D) 3.40%^(1),(4)		12/15/62		535,000		456,396
Benchmark Mortgage Trust (20-IG3-BXC) 3.65%^(1),(4)		09/15/48		555,000		461,937
BX Trust (19-OC11-A) 3.20%⁽¹⁾		12/09/41		265,000		221,486
CALI Mortgage Trust (19-101C-A) 3.96%⁽¹⁾		03/10/39		495,000		438,069
Citigroup Commercial Mortgage Trust (14-GC21-XD) (I/O) 1.52%^(1),(4)		05/10/47		4,702,111		88,263
Citigroup Commercial Mortgage Trust (15-GC35-XA) (I/O) 0.87%⁽⁴⁾		11/10/48		6,382,523		113,042
Citigroup Commercial Mortgage Trust (19-PRM-X) (I/O) 1.33%^(1),(4)		05/10/36		14,000,000		261,683
COMM Mortgage Trust (12-LC4-XB) (I/O) 0.49%^(1),(4)		12/10/44		16,370,822		177
COMM Mortgage Trust (13-CR11-XA) (I/O) 1.07%⁽⁴⁾		08/10/50		9,449,315		61,934
COMM Mortgage Trust (13-CR12-XA) (I/O) 1.24%⁽⁴⁾		10/10/46		8,622,437		64,039
COMM Mortgage Trust (13-LC13-XA) (I/O) 1.14%⁽⁴⁾		08/10/46		5,727,249		32,522
COMM Mortgage Trust (14-CR18-XA) (I/O) 1.15%⁽⁴⁾		07/15/47		6,104,127		77,387
COMM Mortgage Trust (14-CR21-XA) (I/O) 0.99%⁽⁴⁾		12/10/47		16,700,852		252,098
COMM Mortgage Trust (20-CBM-XCP) (I/O) 0.72%^(1),(4)		02/10/37		5,644,863		69,391
COMM Mortgage Trust (20-CX-E) 2.77%^(1),(4)		11/10/46		370,000		258,816
CSMC Trust (20-FACT-F) 8.98% (1 mo. USD LIBOR + 6.157%)^(1),(2)		10/15/37		1,017,000		979,825
DBWF Mortgage Trust (16-85T-A) 3.79%⁽¹⁾		12/10/36		615,000		560,174
Extended Stay America Trust (21-ESH-F) 6.52% (1 mo. USD LIBOR + 3.700%)^(1),(2)		07/15/38		646,024		615,362
Grace Trust (20-GRCE-F) 2.77%^(1),(4)		12/10/40		376,000		236,323
Grace Trust (20-GRCE-X) (I/O) 0.39%^(1),(4)		12/10/40		10,620,000		218,276
GS Mortgage Securities Corp. Trust (20-UPTN-XA) (I/O) 0.45%^(1),(4)		02/10/37		3,150,000		23,120
GS Mortgage Securities Trust (11-GC3-X) (I/O) 0.29%^(1),(4)		03/10/44		544,619		5
GS Mortgage Securities Trust (12-GC6-XB) (I/O) 1.04%^(1),(4),(6)		01/10/45		3,456,549		61
GS Mortgage Securities Trust (12-GCJ7-XB) (I/O) 0.15%^(1),(4)		05/10/45		9,157,686		18
GS Mortgage Securities Trust (14-GC18-XB) (I/O) 0.34%⁽⁴⁾		01/10/47		66,563,000		170,990
GS Mortgage Securities Trust (16-GS2-XA) (I/O) 1.89%⁽⁴⁾		05/10/49		4,144,823		198,231
Hudson Yards Mortgage Trust (19-55HY-F) 3.04%^(1),(4)		12/10/41		150,000		106,936
ILPT Trust (19-SURF-A) 4.15%⁽¹⁾		02/11/41		240,000		219,075
JPMBB Commercial Mortgage Securities Trust (14-C24-XA) (I/O) 1.01%⁽⁴⁾		11/15/47		7,357,128		86,907
JPMBB Commercial Mortgage Securities Trust (14-C21-XA) (I/O) 1.10%⁽⁴⁾		08/15/47		1,548,909		19,213
JPMBB Commercial Mortgage Securities Trust (14-C23-XA) (I/O) 0.75%⁽⁴⁾		09/15/47		9,252,947		81,307
JPMBB Commercial Mortgage Securities Trust (15-C29-XD) (I/O) 0.50%^(1),(4)		05/15/48		26,458,000		301,279
JPMCC Commercial Mortgage Securities Trust (17-JP5-XA) (I/O) 0.99%⁽⁴⁾		03/15/50		10,623,750		269,841
JPMorgan Chase Commercial Mortgage Securities Trust (11-C3-XB) (I/O) 0.51%^(1),(4)		02/15/46		51,095,748		275,866
JPMorgan Chase Commercial Mortgage Securities Trust (12-LC9-XA) (I/O) 1.31%⁽⁴⁾		12/15/47		2,404,171		1,135
JPMorgan Chase Commercial Mortgage Securities Trust (13-LC11-XA) (I/O) 1.35%⁽⁴⁾		04/15/46		20,690,105		63,836
JPMorgan Chase Commercial Mortgage Securities Trust (19-OSB-A) 3.40%⁽¹⁾		06/05/39		585,000		505,859
LMREC, Inc. (19-CRE3-A) 4.46% (1 mo. USD LIBOR + 1.400%)^(1),(2)		12/22/35		563,306		555,874
Manhattan West Mortgage Trust (20-1MW-A) 2.13%⁽¹⁾		09/10/39		695,000		591,648
Med Trust (21-MDLN-G) 8.07% (1 mo. USD LIBOR + 5.250%)^(1),(2)		11/15/38		670,000		620,282
MFT Mortgage Trust (20-B6-C) 3.39%^(1),(4)		08/10/40		220,000		161,904
MFT Trust (20-ABC-C) 3.59%^(1),(4)		02/10/42		175,000		132,669
MFT Trust (20-ABC-D) 3.59%^(1),(4)		02/10/42		730,000		545,874

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Morgan Stanley Bank of America Merrill Lynch Trust (15-C22-XA) (I/O) 1.14%⁽⁴⁾		04/15/48	$	8,294,402	$	144,830
Morgan Stanley Bank of America Merrill Lynch Trust (15-C24-XA) (I/O) 0.84%⁽⁴⁾		05/15/48		9,311,408		145,805
Morgan Stanley Bank of America Merrill Lynch Trust (16-C31-XA) (I/O) 1.42%⁽⁴⁾		11/15/49		6,550,822		254,300
Natixis Commercial Mortgage Securities Trust (19-FAME-D) 4.54%^(1),(4)		08/15/36		835,000		735,393
SFAVE Commercial Mortgage Securities Trust (15-5AVE-A2A) 3.66%^(1),(4)		01/05/43		805,000		590,151
SFAVE Commercial Mortgage Securities Trust (15-5AVE-D) 4.53%^(1),(4)		01/05/43		880,000		510,505
SMRT Commercial Mortgage Trust (22-MINI-E) 5.55% (SOFR + 2.700%)^(1),(2)		01/15/39		1,005,000		926,047
UBS Commercial Mortgage Trust (17-C5-XA) (I/O) 1.19%⁽⁴⁾		11/15/50		5,768,270		225,815
WFRBS Commercial Mortgage Trust (13-C14-XA) (I/O) 0.78%⁽⁴⁾		06/15/46		6,774,954		12,375
WFRBS Commercial Mortgage Trust (13-C16-XA) (I/O) 0.74%⁽⁴⁾		09/15/46		10,449,035		36,930
WFRBS Commercial Mortgage Trust (14-C24-XA) (I/O) 0.99%⁽⁴⁾		11/15/47		5,151,185		69,323

Total Commercial Mortgage-backed Securities—Non-Agency (Cost: $22,704,069)						15,361,847

Residential Mortgage-backed Securities—Agency—11.7%
Fannie Mae (07-42-SE) (I/O) (I/F) 3.03% (-1 mo. USD LIBOR + 6.110%)⁽²⁾		05/25/37		43,877		3,454
Fannie Mae (07-48-SD) (I/O) (I/F) 3.02% (-1 mo. USD LIBOR + 6.100%)⁽²⁾		05/25/37		877,470		65,425
Fannie Mae (09-69-CS) (I/O) (I/F) 3.67% (-1 mo. USD LIBOR + 6.750%)⁽²⁾		09/25/39		147,287		10,114
Freddie Mac (1673-SD) (I/F) (PAC) 13.21% (-2.15 x T10Y + 19.391%)⁽²⁾		02/15/24		9,343		9,645
Freddie Mac (1760-ZD) 2.37% (1 x T10Y - 0.500%)⁽²⁾		02/15/24		20,175		20,055
Freddie Mac (2990-JK) (I/F) 10.73% (-1 mo. USD LIBOR + 22.004%)⁽²⁾		03/15/35		25,101		24,100
Freddie Mac (3122-SG) (I/O) (I/F) (TAC) (PAC) 2.81% (-1 mo. USD LIBOR + 5.630%)⁽²⁾		03/15/36		1,371,248		113,649
Freddie Mac (3239-SI) (I/O) (I/F) (PAC) 3.83% (-1 mo. USD LIBOR + 6.650%)⁽²⁾		11/15/36		320,012		37,597
Freddie Mac (3323-SA) (I/O) (I/F) 3.29% (-1 mo. USD LIBOR + 6.110%)⁽²⁾		05/15/37		65,711		3,736
Freddie Mac (3459-JS) (I/O) (I/F) 3.43% (-1 mo. USD LIBOR + 6.250%)⁽²⁾		06/15/38		86,019		8,638
Freddie Mac (4030-HS) (I/O) (I/F) 3.79% (-1 mo. USD LIBOR + 6.610%)⁽²⁾		04/15/42		576,774		61,416
Ginnie Mae (06-35-SA) (I/O) (I/F) 3.59% (-1 mo. USD LIBOR + 6.600%)⁽²⁾		07/20/36		921,563		95,335
Ginnie Mae (06-61-SA) (I/O) (I/F) (TAC) 1.74% (-1 mo. USD LIBOR + 4.750%)⁽²⁾		11/20/36		1,369,057		41,135
Ginnie Mae (08-58-TS) (I/O) (I/F) (TAC) 3.39% (-1 mo. USD LIBOR + 6.400%)⁽²⁾		05/20/38		582,782		14,904
Ginnie Mae (16-153-IO) (I/O) 3.50%		11/20/46		1,519,324		257,929
Uniform Mortgage-Backed Securities TBA, 30-Year
2.00%⁽⁷⁾		10/15/52		3,575,000		2,890,698
2.00%⁽⁷⁾		11/14/52		10,050,000		8,125,324
2.50%⁽⁷⁾		11/10/51		10,375,000		8,705,210
2.50%⁽⁷⁾		10/15/52		5,675,000		4,762,523
4.50%⁽⁷⁾		10/15/52		2,550,000		2,426,946

Total Residential Mortgage-backed Securities—Agency (Cost: $28,601,406)						27,677,833

Residential Mortgage-backed Securities—Non-Agency—30.3%
ACE Securities Corp. (04-IN1-A1) 3.72% (1 mo. USD LIBOR + 0.640%)⁽²⁾		05/25/34		329,826		316,443
ACE Securities Corp. (07-ASP1-A2C) 3.60% (1 mo. USD LIBOR + 0.260%)⁽²⁾		03/25/37		1,205,197		591,742
Adjustable Rate Mortgage Trust (05-4-6A22) 3.41%^(4),(3)		08/25/35		353,578		324,679
Adjustable Rate Mortgage Trust (06-1-2A1) 3.73%^(4),(3)		03/25/36		338,739		210,507
Ajax Mortgage Loan Trust (19-F-A2) 3.50%⁽¹⁾		07/25/59		1,300,000		1,164,686
Alternative Loan Trust (05-46CB-A20) (TAC) 5.50%⁽³⁾		10/25/35		582,121		429,110
Alternative Loan Trust (06-8T1-1A2) (I/O) 2.42% (-1 mo. USD LIBOR + 5.500%)^(2),(8)		04/25/36		4,728,278		506,805
Asset-Backed Funding Certificates (07-NC1-A2) 3.38% (1 mo. USD LIBOR + 0.300%)^(1),(2)		05/25/37		877,003		798,042
Asset-Backed Securities Corp. Home Equity (06-HE3-A5) 2.90% (1 mo. USD LIBOR + 0.540%)⁽²⁾		03/25/36		1,022,855		987,598
Asset-Backed Securities Corp. Home Equity (07-HE1-A1B) 3.23% (1 mo. USD LIBOR + 0.150%)^(2),(3)		12/25/36		329,584		316,446
Banc of America Alternative Loan Trust (05-10-1CB1) 3.48% (1 mo. USD LIBOR + 0.400%)^(2),(3)		11/25/35		338,126		290,518
Banc of America Funding Corp. (15-R3-6A2) 2.78%^(1),(4)		05/27/36		1,142,391		1,071,469
Banc of America Funding Trust (06-3-4A14) 6.00%		03/25/36		158,867		136,288
Banc of America Funding Trust (06-3-5A3) 5.50%⁽³⁾		03/25/36		114,458		97,281
Banc of America Funding Trust (14-R5-1A1) 5.07% (6 mo. USD LIBOR + 1.500%)^(1),(2)		09/26/45		37,364		37,492
Banc of America Funding Trust (15-R4-2A1) 2.65% (1 mo. USD LIBOR + 0.205%)^(1),(2)		02/25/37		363,866		352,868
BCMSC Trust (00-A-A4) 8.29%⁽⁴⁾		06/15/30		3,316,690		552,449
Bear Stearns Adjustable Rate Mortgage Trust (03-7-9A) 3.08%⁽⁴⁾		10/25/33		240,504		226,398

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Bear Stearns Adjustable Rate Mortgage Trust (05-9-A1) 5.23% (U.S. 1-year Treasury Constant Maturity Rate + 2.300%)⁽²⁾		10/25/35	$	120,801	$	116,345
Bear Stearns Adjustable Rate Mortgage Trust (07-4-22A1) 3.70%^(4),(3)		06/25/47		561,414		518,732
Bear Stearns ALT-A Trust (05-3-4A3) 2.96%⁽⁴⁾		04/25/35		264,584		261,272
Bear Stearns Asset-Backed Securities Trust (05-AC6-1A3) 5.50%⁽⁴⁾		09/25/35		351,817		306,718
Bear Stearns Asset-Backed Securities Trust (06-IM1-A1) 3.54% (1 mo. USD LIBOR + 0.460%)⁽²⁾		04/25/36		147,906		232,808
Bear Stearns Mortgage Funding Trust (07-AR3-1X) (I/O) 0.50%⁽⁸⁾		03/25/37		26,792,885		670,641
C-BASS Mortgage Loan Trust (07-CB2-A2B) 3.54%		02/25/37		828,708		558,083
C-BASS Mortgage Loan Trust (07-CB2-A2C) 3.54%		02/25/37		814,215		507,107
Carrington Mortgage Loan Trust (06-NC4-A4) 3.32% (1 mo. USD LIBOR + 0.240%)⁽²⁾		10/25/36		1,250,000		988,180
Carrington Mortgage Loan Trust (07-RFC1-A3) 3.22% (1 mo. USD LIBOR + 0.140%)⁽²⁾		12/25/36		1,227,919		1,160,542
CHL Mortgage Pass-Through Trust (04-HYB4-B1) 3.86%⁽⁴⁾		09/20/34		460,338		227,992
CHL Mortgage Pass-Through Trust (06-14-X) (I/O) 0.14%^(4),(8)		09/25/36		8,256,416		33,894
CHL Mortgage Pass-Through Trust (06-HYB2-1A1) 3.28%⁽⁴⁾		04/20/36		715,891		488,548
CIM Trust (19-R1-A) 3.25%^(1),(4)		10/25/58		759,842		710,396
CIM Trust (21-NR2-A1) 2.57%⁽¹⁾		07/25/59		1,234,994		1,169,312
CIM Trust (21-NR3-A1) 2.57%⁽¹⁾		06/25/57		353,790		332,047
CIM Trust (21-NR4-A1) 2.82%⁽¹⁾		10/25/61		1,257,524		1,164,730
CIM Trust (21-R3-A1A) 1.95%^(1),(4)		06/25/57		918,329		823,269
CIM Trust (21-R4-A1A) 2.00%^(1),(4)		05/01/61		931,732		826,663
CIM Trust (21-R5-A1B) 2.00%^(1),(4)		08/25/61		1,096,000		715,462
Citigroup Mortgage Loan Trust, Inc. (05-11-A2A) 5.41% (U.S. 1-year Treasury Constant Maturity Rate + 2.400%)⁽²⁾		10/25/35		197,268		194,012
Citigroup Mortgage Loan Trust, Inc. (05-8-1A1A) 3.69%^(4),(3)		10/25/35		384,841		320,116
Citigroup Mortgage Loan Trust, Inc. (14-10-2A2) 2.69% (1 mo. USD LIBOR + 0.250%)^(1),(2)		07/25/37		462,300		460,084
CitiMortgage Alternative Loan Trust (06-A3-1A7) 6.00%⁽³⁾		07/25/36		628,171		532,211
CitiMortgage Alternative Loan Trust (06-A5-1A8) 6.00%⁽³⁾		10/25/36		549,519		482,986
Connecticut Avenue Securities Trust (19-R06-2B1) 6.83% (1 mo. USD LIBOR + 3.750%)^(1),(2)		09/25/39		750,000		714,047
Connecticut Avenue Securities Trust (19-R07-1B1) 6.48% (1 mo. USD LIBOR + 3.400%)^(1),(2)		10/25/39		1,000,000		961,953
Connecticut Avenue Securities Trust (21-R03-1B2) 7.78% (SOFR30A + 5.500%)^(1),(2)		12/25/41		700,000		614,288
Conseco Finance Securitizations Corp. (99-6-A1) 7.36%^(1),(4)		06/01/30		1,299,067		526,474
Conseco Financial Corp. (96-6-M1) 7.95%⁽⁴⁾		09/15/27		48,286		48,167
Countrywide Asset-Backed Certificates (07-13-2A1) 3.98% (1 mo. USD LIBOR + 0.900%)⁽²⁾		10/25/47		442,207		414,613
Credit Suisse First Boston Mortgage Securities Corp. (04-AR5-11A2) 3.82% (1 mo. USD LIBOR + 0.740%)⁽²⁾		06/25/34		20,774		20,787
Credit Suisse First Boston Mortgage Securities Corp. (05-12-1A1) 6.50%		01/25/36		951,732		262,816
Credit Suisse Mortgage Capital Certificates (06-6-1A8) 6.00%⁽³⁾		07/25/36		487,969		270,917
Credit-Based Asset Servicing and Securitization LLC (03-CB3-AF1) 3.38%		12/25/32		337,418		310,303
Credit-Based Asset Servicing and Securitization LLC (06-CB2-AF2) 3.02%		12/25/36		1,944,701		1,425,980
Credit-Based Asset Servicing and Securitization LLC (07-CB3-A3) 3.27%		03/25/37		1,190,103		486,350
Deutsche Alt-A Securities, Inc. Mortgage Loan Trust (06-AR6-A6) 3.46% (1 mo. USD LIBOR + 0.380%)⁽²⁾		02/25/37		327,615		289,177
Deutsche Alt-B Securities, Inc. Mortgage Loan Trust (06-AB2-A2) 4.84%^(4),(3)		06/25/36		970,605		832,505
DSLA Mortgage Loan Trust (06-AR2-2A1A) 3.19% (1 mo. USD LIBOR + 0.200%)⁽²⁾		10/19/36		354,795		251,294
Federal Home Loan Mortgage Corp. (21-DNA2-M2) 4.58% (SOFR30A + 2.300%)^(1),(2)		08/25/33		525,000		515,213
Federal Home Loan Mortgage Corp. (21-HQA2-M2) 4.33% (SOFR30A + 2.05%)^(1),(2)		12/25/33		900,000		800,551
First Franklin Mortgage Loan Asset-Backed Certificates (06-FF11-2A3) 3.38% (1 mo. USD LIBOR + 0.300%)⁽²⁾		08/25/36		653,001		617,408
First Franklin Mortgage Loan Asset-Backed Certificates (06-FF13-A2C) 3.40% (1 mo. USD LIBOR + 0.320%)⁽²⁾		10/25/36		622,956		441,480
First Franklin Mortgage Loan Asset-Backed Certificates (06-FF18-A2D) 3.29% (1 mo. USD LIBOR + 0.210%)⁽²⁾		12/25/37		556,139		504,630
First Horizon Alternative Mortgage Securities Trust (05-AA10-2A1) 2.77%^(4),(3)		12/25/35		228,050		190,307
Greenpoint Manufactured Housing (00-1-A4) 8.14%⁽⁴⁾		03/20/30		491,851		373,170
GSAA Home Equity Trust (06-13-AF6) 6.54%		07/25/36		1,170,841		393,136
GSAMP Trust (07-NC1-A2C) 3.23% (1 mo. USD LIBOR + 0.1500%)⁽²⁾		12/25/46		2,385,335		1,205,200

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
GSC Capital Corp. Mortgage Trust (06-2-A1) 3.44% (1 mo. USD LIBOR + 0.360%)⁽²⁾		05/25/36	$	205,126	$	193,390
GSR Mortgage Loan Trust (05-AR3-6A1) 3.03%⁽⁴⁾		05/25/35		146,765		116,973
HSI Asset Loan Obligation Trust (07-2-2A12) 6.00%		09/25/37		352,776		274,095
Indymac INDX Mortgage Loan Trust (04-AR6-5A1) 3.68%⁽⁴⁾		10/25/34		282,490		272,538
Indymac INDX Mortgage Loan Trust (05-AR19-A1) 3.05%⁽⁴⁾		10/25/35		407,989		337,370
Indymac INDX Mortgage Loan Trust (06-AR13-A4X) (I/O) 0.57%^(4),(8)		07/25/36		353,898		27
Indymac INDX Mortgage Loan Trust (06-AR9-1A1) 3.18%^(4),(3)		06/25/36		457,209		292,567
Indymac INDX Mortgage Loan Trust (07-AR5-2A1) 3.00%⁽⁴⁾		05/25/37		658,278		545,177
Indymac INDX Mortgage Loan Trust (07-FLX2-A1C) 3.27% (1 mo. USD LIBOR + 0.190%)⁽²⁾		04/25/37		1,501,186		1,228,176
JPMorgan Alternative Loan Trust (06-A2-5A1) 3.41%^(4),(3)		05/25/36		370,641		223,920
JPMorgan Mortgage Acquisition Trust (06-WF1-A5) 6.91%		07/25/36		1,963,244		660,204
JPMorgan Mortgage Trust (04-A6-5A1) 2.66%⁽⁴⁾		12/25/34		186,665		175,285
JPMorgan Mortgage Trust (07-S2-1A1) 5.00%		06/25/37		146,356		70,872
JPMorgan Resecuritization Trust (15-4-1A5) 2.82% (1 mo. USD LIBOR + 0.190%)^(1),(2)		06/26/47		1,343,444		1,324,545
JPMorgan Resecuritization Trust (15-4-2A2) 3.65%^(1),(4)		06/26/47		3,083,612		1,476,425
Lehman Mortgage Trust (06-7-2A5) (I/O) (I/F) 3.47% (-1 mo. USD LIBOR + 6.550%)^(2),(8)		11/25/36		2,888,424		349,993
Lehman XS Trust (06-10N-1A3A) 3.50% (1 mo. USD LIBOR + 0.420%)⁽²⁾		07/25/46		438,258		423,864
Lehman XS Trust (06-12N-A31A) 3.48% (1 mo. USD LIBOR + 0.400%)⁽²⁾		08/25/46		560,905		544,759
Long Beach Mortgage Loan Trust (04-4-M1) 3.98% (1 mo. USD LIBOR + 0.900%)⁽²⁾		10/25/34		455,241		440,240
MASTR Alternative Loan Trust (06-2-2A2) (I/O) (I/F) 4.02% (-1 mo. USD LIBOR + 7.100%)^(2),(8)		03/25/36		5,900,337		569,460
MASTR Alternative Loans Trust (07-HF1-4A1) 7.00%		10/25/47		1,060,940		533,360
MASTR Asset-Backed Securities Trust (07-HE1-A4) 3.36% (1 mo. USD LIBOR + 0.280%)⁽²⁾		05/25/37		2,000,000		1,612,099
Merrill Lynch Alternative Note Asset Trust (07-OAR2-A2) 3.50% (1 mo. USD LIBOR + 0.420%)⁽²⁾		04/25/37		664,193		562,519
Merrill Lynch First Franklin Mortgage Loan Trust (07-3-A2B) 3.21% (1 mo. USD LIBOR + 0.130%)⁽²⁾		06/25/37		482,183		298,196
Merrill Lynch First Franklin Mortgage Loan Trust (07-3-A2C) 3.26% (1 mo. USD LIBOR + 0.180%)⁽²⁾		06/25/37		984,606		611,086
Merrill Lynch Mortgage Investors Trust (06-RM2-A1A) 3.45% (1 mo. USD LIBOR + 0.3700%)⁽²⁾		05/25/37		4,010,163		1,178,237
Merrill Lynch Mortgage-Backed Securities Trust (07-2-1A1) 5.88% (1-year Treasury Constant Maturity Rate + 2.400%)^(2),(3)		08/25/36		119,791		107,912
Morgan Stanley Mortgage Loan Trust (07-15AR-4A1) 3.07%^(4),(3)		11/25/37		278,335		257,193
Nomura Asset Acceptance Corp. (06-AR1-1A) 4.24%⁽⁴⁾		02/25/36		122,989		87,842
Oakwood Mortgage Investors, Inc. (00-A-A4) 8.15%⁽⁴⁾		09/15/29		1,728,259		503,977
Oakwood Mortgage Investors, Inc. (00-D-A4) 7.40%⁽⁴⁾		07/15/30		683,634		194,191
Oakwood Mortgage Investors, Inc. (01-C-A3) 6.61%⁽⁴⁾		06/15/31		1,671,028		233,207
Oakwood Mortgage Investors, Inc. (01-D-A3) 5.90%⁽⁴⁾		09/15/22		602,907		331,403
Oakwood Mortgage Investors, Inc. (01-D-A4) 6.93%⁽⁴⁾		09/15/31		349,312		210,720
Oakwood Mortgage Investors, Inc. (02-A-A3) 6.03%⁽⁴⁾		05/15/24		38,385		38,659
Oakwood Mortgage Investors, Inc. (99-B-A4) 6.99%		12/15/26		21,982		21,946
Oakwood Mortgage Investors, Inc. (99-E-A1) 7.61%⁽⁴⁾		03/15/30		624,950		413,167
PRET LLC (22-RN2-A2) 6.50%⁽¹⁾		06/25/52		1,255,000		1,175,684
Pretium Mortgage Credit Partners LLC (22-RN3-A2) 6.50%^(1),(4)		08/25/52		1,125,000		1,052,325
PRPM LLC (21-1-A2) 6.29%⁽¹⁾		02/25/27		1,000,000		929,804
PRPM LLC (21-10-A1) 2.49%⁽¹⁾		10/25/26		1,004,008		911,176
PRPM LLC (21-11-A1) 2.49%⁽¹⁾		11/25/26		460,984		427,880
PRPM LLC (21-8-A1) 1.74%^(1),(4)		09/25/26		767,004		704,065
PRPM LLC (22-3-A1) 5.56%^(1),(4)		06/25/27		1,390,469		1,343,493
PRPM LLC (22-4-A2) 5.00%^(1),(4)		08/25/27		1,080,000		979,722
RALI Series Trust (06-QS13-1A2) (I/O) (I/F) 4.08% (-1 mo. USD LIBOR + 7.160%)^(2),(8)		09/25/36		2,269,321		208,169
RALI Series Trust (06-QS7-A2) 6.00%⁽³⁾		06/25/36		320,426		261,069
RBSSP Resecuritization Trust (12-6-4A2) 2.94% (1 mo. USD LIBOR + 0.330%)^(1),(2)		01/26/36		131,379		131,799
Residential Accredit Loans, Inc. (05-QA7-A1) 3.60%^(4),(3)		07/25/35		671,385		481,168
Residential Accredit Loans, Inc. (05-QA8-CB21) 4.10%^(4),(3)		07/25/35		354,299		210,868
Residential Accredit Loans, Inc. (06-QA10-A2) 3.44% (1 mo. USD LIBOR + 0.360%)⁽²⁾		12/25/36		423,568		347,307
Residential Accredit Loans, Inc. (06-QS1-A3) (PAC) 5.75%⁽³⁾		01/25/36		250,471		207,310
Residential Accredit Loans, Inc. (06-QS6-1AV) (I/O) 0.77%^(4),(8)		06/25/36		2,968,778		64,072
Residential Accredit Loans, Inc. (06-QS8-A3) 6.00%⁽³⁾		08/25/36		556,753		439,908
Residential Accredit Loans, Inc. (07-QS2-AV) (I/O) 0.33%^(4),(8)		01/25/37		6,905,775		74,714

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Residential Accredit Loans, Inc. (07-QS3-AV) (I/O) 0.36%^(4),(8)		02/25/37	$	8,006,442	$	93,647
Residential Accredit Loans, Inc. (07-QS6-A62) (TAC) 5.50%⁽³⁾		04/25/37		171,027		138,925
Residential Asset Securitization Trust (05-A15-4A1) 6.00%⁽³⁾		02/25/36		938,245		327,818
Residential Asset Securitization Trust (07-A5-AX) (I/O) 6.00%⁽⁸⁾		05/25/37		1,436,372		260,175
Residential Funding Mortgage Securities (06-S9-AV) (I/O) 0.35%^(4),(8)		09/25/36		17,647,979		193,267
Saxon Asset Securities Trust (07-3-2A4) 3.57% (1 mo. USD LIBOR + 0.490%)⁽²⁾		09/25/47		2,926,000		2,486,866
Securitized Asset-Backed Receivables LLC Trust (06-CB1-AF2) 2.88%		01/25/36		1,003,656		817,638
Securitized Asset-Backed Receivables LLC Trust (07-NC2-A2C) 3.30% (1 mo. USD LIBOR + 0.220%)⁽²⁾		01/25/37		4,614,000		3,000,409
Structured Adjustable Rate Mortgage Loan Trust (05-20-1A1) 3.51%⁽⁴⁾		10/25/35		131,185		119,976
Structured Adjustable Rate Mortgage Loan Trust (07-9-2A1) 3.50%^(4),(3)		10/25/47		232,840		151,424
Structured Asset Mortgage Investments II Trust (06-AR4-5A1) 3.44% (1 mo. USD LIBOR + 0.360%)⁽²⁾		06/25/36		693,668		542,000
VOLT XCIX LLC (21-NPL8-A1) 2.12%⁽¹⁾		04/25/51		1,533,638		1,425,730
WAMU Asset-Backed Certificates (07-HE1-2A3) 3.23% (1 mo. USD LIBOR + 0.150%)⁽²⁾		01/25/37		1,636,453		800,883
Wells Fargo Alternative Loan Trust (07-PA2-2A2) (I/O) (I/F) 2.99% (-1 mo. USD LIBOR + 6.070%)^(2),(8)		06/25/37		1,579,429		69,591
Wells Fargo Mortgage-Backed Securities Trust (07-AR3-A4) 2.80%^(4),(3)		04/25/37		115,615		102,752


Total Residential Mortgage-backed Securities—Non-Agency (Cost: $78,598,467)						71,880,965


Total Mortgage-backed Securities (Cost: $137,840,835)						118,428,768


CORPORATE BONDS—35.8%

Aerospace/Defense—0.3%
Boeing Co. (The) 1.43%		02/04/24		675,000		642,101


Agriculture—0.6%
BAT Capital Corp.
4.54%		08/15/47		135,000		89,745
5.65%		03/16/52		175,000		134,647
Imperial Brands Finance PLC
3.13%⁽¹⁾		07/26/24		270,000		258,099
6.13%⁽¹⁾		07/27/27		125,000		123,241
Reynolds American, Inc. 5.85%		08/15/45		975,000		770,211

						1,375,943


Airlines—0.4%
JetBlue Pass-Through Certificates (20-1A) 4.00%		05/15/34		721,476		639,545
US Airways Group, Inc. Pass-Through Certificates (10-1A) (EETC) 6.25%		10/22/24		260,864		258,406

						897,951


Auto Manufacturers—0.1%
General Motors Co. 4.88%		10/02/23		150,000		149,465


Banks—9.9%
Bank of America Corp.
0.98% (SOFR + 0.690%)⁽²⁾		04/22/25		395,000		367,279
1.66% (SOFR + 0.910%)⁽²⁾		03/11/27		625,000		542,564
1.73% (SOFR + 0.960%)⁽²⁾		07/22/27		55,000		47,208
1.92% (SOFR + 1.37%)⁽²⁾		10/24/31		305,000		225,892
2.09% (SOFR + 1.060%)⁽²⁾		06/14/29		570,000		463,758
2.30% (SOFR + 1.220%)⁽²⁾		07/21/32		490,000		367,500
2.69% (SOFR + 1.320%)⁽²⁾		04/22/32		80,000		62,394
2.97% (SOFR + 1.330%)⁽²⁾		02/04/33		155,000		121,528
3.00% (3mo. USD LIBOR + 0.79%)⁽²⁾		12/20/23		830,000		825,694
3.42% (3mo. USD LIBOR + 1.04%)⁽²⁾		12/20/28		395,000		350,515
3.82% (3mo. USD LIBOR + 1.575%)⁽²⁾		01/20/28		120,000		110,357
4.38% (U.S. 5-year Treasury Constant Maturity Rate + 2.760%)^(2),(9)		12/31/99		140,000		113,644
Citigroup, Inc.
1.46% (SOFR+ 0.770%)⁽²⁾		06/09/27		430,000		366,480
2.52% (SOFR + 1.177%)⁽²⁾		11/03/32		375,000		285,795
2.67% (SOFR + 1.146%)⁽²⁾		01/29/31		140,000		111,840
2.98% (SOFR + 1.422%)⁽²⁾		11/05/30		145,000		119,458
3.06% (SOFR + 1.35%)⁽²⁾		01/25/33		575,000		453,606
3.07% (SOFR + 1.280%)⁽²⁾		02/24/28		135,000		120,423
4.41% (SOFR + 3.914%)⁽²⁾		03/31/31		440,000		395,380
Comerica, Inc. 5.63% (U.S. 5-year Treasury Constant Maturity Rate + 5.291%)^(2),(9)		12/31/99		395,000		388,368
Credit Suisse Group AG (Switzerland)
1.31% (SOFR + 0.980%)^(1),(2)		02/02/27		190,000		154,231
3.09% (SOFR + 1.730%)^(1),(2)		05/14/32		500,000		351,845
6.54% (SOFR + 3.920%)^(1),(2)		08/12/33		1,170,000		1,053,745

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
DNB Bank ASA 1.61% (1-year Treasury Constant Maturity Rate + 0.680%)^(1),(2)		03/30/28	$	430,000	$	358,544
Goldman Sachs Group, Inc. (The)
0.93% (SOFR + 0.486%)⁽²⁾		10/21/24		285,000		270,617
1.09% (SOFR + 0.789%)⁽²⁾		12/09/26		215,000		185,749
1.22%		12/06/23		700,000		671,580
1.43% (SOFR + 0.798%)⁽²⁾		03/09/27		705,000		607,188
1.54% (SOFR + 0.818%)⁽²⁾		09/10/27		430,000		363,840
2.38% (SOFR + 1.248%)⁽²⁾		07/21/32		205,000		154,990
2.65% (SOFR + 1.264%)⁽²⁾		10/21/32		640,000		491,297
HSBC Holdings PLC (United Kingdom)
1.59% (SOFR + 1.290%)⁽²⁾		05/24/27		285,000		238,507
2.10% (SOFR + 1.929%)⁽²⁾		06/04/26		430,000		385,434
2.21% (SOFR + 1.285%)⁽²⁾		08/17/29		1,075,000		836,576
2.80% (SOFR + 1.187%)⁽²⁾		05/24/32		145,000		106,749
5.40% (SOFR + 2.870%)⁽²⁾		08/11/33		200,000		177,196
JPMorgan Chase & Co.
1.58% (SOFR + 0.885%)⁽²⁾		04/22/27		425,000		367,982
2.01% (SOFR + 1.585%)⁽²⁾		03/13/26		505,000		462,474
2.55% (SOFR + 1.180%)⁽²⁾		11/08/32		275,000		209,275
2.58% (SOFR + 1.250%)⁽²⁾		04/22/32		430,000		333,426
2.60% (SOFR + 0.915%)⁽²⁾		02/24/26		495,000		460,657
2.95% (SOFR + 1.170%)⁽²⁾		02/24/28		175,000		155,183
2.96% (SOFR + 1.260%)⁽²⁾		01/25/33		145,000		114,325
3.56% (3 mo. USD LIBOR + 0.730%)⁽²⁾		04/23/24		385,000		381,146
3.96% (3 mo. USD LIBOR + 1.245%)⁽²⁾		01/29/27		195,000		184,181
Lloyds Banking Group PLC (United Kingdom)
1.63% (1-year Treasury Constant Maturity Rate + 0.850%)⁽²⁾		05/11/27		395,000		336,339
2.91% (3 mo. USD LIBOR + 0.810%)⁽²⁾		11/07/23		130,000		129,689
3.57% (3 mo. USD LIBOR + 1.205%)⁽²⁾		11/07/28		200,000		175,636
3.87% (1-year Treasury Constant Maturity Rate + 3.500%)⁽²⁾		07/09/25		285,000		274,950
4.98% (1-year Treasury Constant Maturity Rate + 2.300%)⁽²⁾		08/11/33		300,000		263,085
Macquarie Group, Ltd. (Australia)
2.69% (SOFR + 1.440%)^(1),(2)		06/23/32		160,000		121,714
2.87% (SOFR + 1.532%)^(1),(2)		01/14/33		555,000		417,935
5.03% (3 mo. USD LIBOR + 1.750%)^(1),(2)		01/15/30		215,000		201,607
Morgan Stanley
0.79% (SOFR + 0.509%)⁽²⁾		01/22/25		425,000		398,369
1.16% (SOFR + 0.560%)⁽²⁾		10/21/25		920,000		838,617
1.93% (SOFR + 1.020%)⁽²⁾		04/28/32		510,000		375,653
2.24% (SOFR + 1.178%)⁽²⁾		07/21/32		150,000		112,864
2.51% (SOFR + 1.200%)⁽²⁾		10/20/32		55,000		42,134
5.30% (SOFR + 2.62%)⁽²⁾		04/20/37		170,000		153,403
NatWest Group PLC (United Kingdom) 4.27% (3 mo. USD LIBOR + 1.762%)⁽²⁾		03/22/25		530,000		515,361
Santander UK Group Holdings PLC (United Kingdom)
1.09% (SOFR + 0.787%)⁽²⁾		03/15/25		565,000		522,224
1.53% (1-year Treasury Constant Maturity Rate + 1.250%)⁽²⁾		08/21/26		55,000		47,737
1.67% (SOFR + 0.989%)⁽²⁾		06/14/27		55,000		45,659
3.37% (3 mo. USD LIBOR + 1.080%)⁽²⁾		01/05/24		275,000		273,308
4.80% (3 mo. USD LIBOR + 1.570%)⁽²⁾		11/15/24		475,000		468,608
UBS Group AG (Switzerland) 4.70% (1-year Treasury Constant Maturity Rate + 2.050%)^(1),(2)		08/05/27		200,000		189,994
US Bancorp 3.70% (U.S. 5-year Treasury Constant Maturity Rate + 2.541%)^(2),(9)		12/31/99		130,000		98,091
Wells Fargo & Co.
2.39% (SOFR+ 2.100%)⁽²⁾		06/02/28		1,090,000		936,112
3.35% (SOFR + 1.500%)⁽²⁾		03/02/33		1,370,000		1,114,098
3.53% (SOFR + 1.510%)⁽²⁾		03/24/28		285,000		258,834
4.90% (SOFR + 2.100%)⁽²⁾		07/25/33		345,000		317,361

						23,545,802

Beverages—0.5%
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide, Inc.
4.70%		02/01/36		250,000		225,615
4.90%		02/01/46		454,000		395,631
Bacardi, Ltd. 5.30%⁽¹⁾		05/15/48		205,000		174,919
Constellation Brands, Inc. 4.35%		05/09/27		385,000		370,050

						1,166,215

Biotechnology—0.1%
Grifols Escrow Issuer SA 4.75%⁽¹⁾		10/15/28		425,000		329,792

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Chemicals—0.2%
ASP Unifrax Holdings, Inc. 5.25%⁽¹⁾		09/30/28	$	280,000	$	215,886
Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV 4.75%⁽¹⁾		06/15/27		135,000		121,010
EverArc Escrow Sarl 5.00%⁽¹⁾		10/30/29		285,000		230,650

						567,546

Commercial Services—0.6%
Adtalem Global Education, Inc. 5.50%⁽¹⁾		03/01/28		141,000		127,398
Global Payments, Inc.
5.40%		08/15/32		105,000		97,479
5.95%		08/15/52		179,000		157,500
HealthEquity, Inc. 4.50%⁽¹⁾		10/01/29		285,000		241,121
Hertz Corp. (The)
4.63%⁽¹⁾		12/01/26		140,000		114,100
5.00%⁽¹⁾		12/01/29		290,000		217,138
Rent-A-Center, Inc. 6.38%⁽¹⁾		02/15/29		270,000		211,950
WASH Multifamily Acquisition, Inc. 5.75%⁽¹⁾		04/15/26		260,000		240,185

						1,406,871

Computers—0.2%
Lenovo Group, Ltd. 6.54%⁽¹⁾		07/27/32		200,000		185,322
NCR Corp.
5.13%⁽¹⁾		04/15/29		315,000		236,426
5.25%⁽¹⁾		10/01/30		80,000		60,524

						482,272

Cosmetics/Personal Care—0.1%
Edgewell Personal Care Co. 5.50%⁽¹⁾		06/01/28		265,000		237,838

Diversified Financial Services—1.4%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust (Ireland)
3.30%		01/30/32		590,000		445,379
3.88%		01/23/28		130,000		113,112
4.13%		07/03/23		135,000		133,958
Air Lease Corp. 3.63%		12/01/27		120,000		103,342
American Express Co. 3.55% (U.S. 5-year Treasury Constant Maturity Rate + 2.854%)^(2),(9)		12/31/99		145,000		111,555
Avolon Holdings Funding, Ltd.
2.53%⁽¹⁾		11/18/27		406,000		318,174
2.88%⁽¹⁾		02/15/25		305,000		276,601
3.95%⁽¹⁾		07/01/24		85,000		80,532
Capital One Financial Corp. 3.27% (SOFR + 1.790%)⁽²⁾		03/01/30		375,000		315,011
Charles Schwab Corp. (The)
1.95%		12/01/31		425,000		324,781
5.00% (U.S. 5-year Treasury Constant Maturity Rate + 3.256%)^(2),(9)		12/31/99		135,000		121,669
Intercontinental Exchange, Inc. 4.60%		03/15/33		330,000		308,071
Jane Street Group / JSG Finance, Inc. 4.50%⁽¹⁾		11/15/29		435,000		373,574
Park Aerospace Holdings, Ltd.
4.50%⁽¹⁾		03/15/23		110,000		109,373
5.50%⁽¹⁾		02/15/24		132,000		129,312

						3,264,444


Electric—0.9%
Alliant Energy Finance LLC 3.60%⁽¹⁾		03/01/32		535,000		459,003
Duke Energy Corp.
3.85%		06/15/34	EUR	130,000		112,498
4.50%		08/15/32		360,000		325,843
FirstEnergy Corp. 3.40%		03/01/50	$	450,000		295,342
FirstEnergy Transmission LLC 4.35%⁽¹⁾		01/15/25		750,000		726,631
Pike Corp. 5.50%⁽¹⁾		09/01/28		300,000		243,384

						2,162,701


Electrical Components & Equipment—0.1%
Energizer Holdings, Inc. 4.38%⁽¹⁾		03/31/29		265,000		200,075


Engineering & Construction—0.1%
Artera Services LLC 9.03%⁽¹⁾		12/04/25	$	254,000		204,866
Heathrow Funding Ltd. 1.88%⁽¹⁰⁾		03/14/34	EUR	150,000		104,037

						308,903


Entertainment—1.1%
Caesars Entertainment, Inc.
4.63%⁽¹⁾		10/15/29	$	230,000		176,663
8.13%⁽¹⁾		07/01/27		150,000		143,611
Churchill Downs, Inc. 4.75%⁽¹⁾		01/15/28		400,000		346,675
Cinemark USA, Inc. 5.25%⁽¹⁾		07/15/28		300,000		233,250
Everi Holdings, Inc. 5.00%⁽¹⁾		07/15/29		275,000		227,507
Live Nation Entertainment, Inc. 4.75%⁽¹⁾		10/15/27		188,000		163,923
Penn Entertainment, Inc.
4.13%⁽¹⁾		07/01/29		300,000		233,011
5.63%⁽¹⁾		01/15/27		165,000		146,212
WarnerMedia Holdings, Inc.
4.28%⁽¹⁾		03/15/32		5,000		4,120
5.14%⁽¹⁾		03/15/52		756,000		550,308
5.05%⁽¹⁾		03/15/42		630,000		472,254

						2,697,534


Environmental Control—0.2%
Waste Pro USA, Inc. 5.50%⁽¹⁾		02/15/26		425,000		373,853


Food—1.1%
Chobani LLC / Chobani Finance Corp, Inc. 4.63%⁽¹⁾		11/15/28		267,000		227,449
H-Food Holdings LLC / Hearthside Finance Co., Inc. 8.50%⁽¹⁾		06/01/26		175,000		111,430
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
3.75%⁽¹⁾		12/01/31		650,000		519,909
5.50%⁽¹⁾		01/15/30		25,000		23,137
6.50%⁽¹⁾		12/01/52		180,000		159,874

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Kraft Heinz Foods Co.
4.38%		06/01/46	$	210,000	$	163,783
5.00%		06/04/42		303,000		263,871
6.38%		07/15/28		210,000		218,088
Pilgrim’s Pride Corp.
4.25%⁽¹⁾		04/15/31		285,000		229,072
5.88%⁽¹⁾		09/30/27		250,000		243,340
Post Holdings, Inc. 4.63%⁽¹⁾		04/15/30		270,000		222,346
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed 4.63%⁽¹⁾		03/01/29		150,000		122,747

						2,505,046


Gas—0.3%
Southern Co. Gas Capital Corp. 3.88%		11/15/25		640,000		613,116


Health Care-Products—0.2%
DENTSPLY SIRONA, Inc. 3.25%		06/01/30		295,000		228,209
Medline Borrower LP 3.88%⁽¹⁾		04/01/29		300,000		241,215

						469,424


Health Care-Services—2.0%
Cano Health LLC 6.25%⁽¹⁾		10/01/28		160,000		151,466
Catalent Pharma Solutions, Inc. 3.50%⁽¹⁾		04/01/30		450,000		354,506
Centene Corp.
2.45%		07/15/28		635,000		517,404
3.00%		10/15/30		248,000		196,929
4.25%		12/15/27		205,000		187,949
CommonSpirit Health 2.78%		10/01/30		135,000		108,042
Encompass Health Corp. 4.63%		04/01/31		285,000		226,276
HCA, Inc.
3.63%⁽¹⁾		03/15/32		180,000		146,182
4.13%		06/15/29		208,000		183,512
4.63%⁽¹⁾		03/15/52		105,000		79,119
5.25%		06/15/49		312,000		254,457
5.25%		06/15/26		250,000		242,130
5.38%		09/01/26		65,000		63,296
5.50%		06/15/47		340,000		290,765
5.63%		09/01/28		100,000		96,100
7.05%		12/01/27		235,000		240,219
Humana, Inc. 4.95%		10/01/44		125,000		111,054
ModivCare Escrow Issuer, Inc. 5.00%⁽¹⁾		10/01/29		295,000		239,876
ModivCare, Inc. 5.88%⁽¹⁾		11/15/25		130,000		120,138
Molina Healthcare, Inc.
3.88%⁽¹⁾		11/15/30		520,000		437,146
3.88%⁽¹⁾		05/15/32		175,000		143,918
Tenet Healthcare Corp.
4.25%⁽¹⁾		06/01/29		275,000		228,097
6.13%⁽¹⁾		06/15/30		260,000		239,387

						4,857,968


Household Products/Wares—0.2%
Spectrum Brands, Inc. 3.88%⁽¹⁾		03/15/31		520,000		355,176


Housewares—0.1%
Newell Brands, Inc. 4.10%		04/01/23		250,000		250,029


Insurance—1.6%
Acrisure LLC / Acrisure Finance, Inc.
4.25%⁽¹⁾		02/15/29		280,000		221,239
6.00%⁽¹⁾		08/01/29		160,000		124,000
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 6.75%⁽¹⁾		10/15/27		250,000		217,250
Aon Corp. / Aon Global Holdings PLC 3.90%		02/28/52		270,000		200,081
Athene Global Funding
1.61%⁽¹⁾		06/29/26		285,000		242,646
1.99%⁽¹⁾		08/19/28		425,000		336,387
3.21%⁽¹⁾		03/08/27		135,000		119,528
Brown & Brown, Inc. 4.95%		03/17/52		200,000		163,246
Farmers Exchange Capital 7.05%⁽¹⁾		07/15/28		500,000		515,175
Farmers Insurance Exchange 4.75% (3 mo. USD LIBOR + 3.231%)^(1),(2)		11/01/57		5,000		4,132
HUB International, Ltd. 7.00%⁽¹⁾		05/01/26		125,000		118,906
Nationwide Mutual Insurance Co. 5.58% (3 mo. USD LIBOR + 2.290%)^(1),(2)		12/15/24		1,000,000		1,000,126
Teachers Insurance & Annuity Association of America 4.38% (3 mo. USD LIBOR + 2.661%)^(1),(2)		09/15/54		675,000		647,232

						3,909,948


Internet—0.4%
Cogent Communications Group, Inc. 7.00%⁽¹⁾		06/15/27		125,000		118,561
Netflix, Inc. 5.88%		02/15/25		485,000		487,847
NortonLifeLock, Inc. 6.75%⁽¹⁾		09/30/27		250,000		240,968
Tencent Holdings, Ltd. 3.68%⁽¹⁾		04/22/41		285,000		205,224

Total Internet (Cost: $1,197,062)						1,052,600


Machinery-Diversified—0.2%
OT Merger Corp. 7.88%⁽¹⁾		10/15/29		575,000		381,340
Titan Acquisition, Ltd. / Titan Co-Borrower LLC 7.75%⁽¹⁾		04/15/26		140,000		111,475

Total Machinery-diversified (Cost: $671,018)						492,815


Media—1.3%
Cable One, Inc. 4.00%⁽¹⁾		11/15/30		415,000		323,700
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50%		05/01/32		275,000		209,800
4.75%⁽¹⁾		02/01/32		175,000		136,757
Charter Communications Operating LLC / Charter Communications Operating Capital
2.30%		02/01/32		165,000		117,882
4.80%		03/01/50		65,000		47,486
5.25%		04/01/53		355,000		272,759
5.38%		05/01/47		125,000		96,506
5.75%		04/01/48		360,000		291,211

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
CSC Holdings LLC
5.38%⁽¹⁾		02/01/28	$	25,000	$	21,868
6.50%⁽¹⁾		02/01/29		250,000		221,191
Diamond Sports Group LLC / Diamond Sports Finance Co. 5.38%⁽¹⁾		08/15/26		522,000		104,557
DirecTV Financing LLC / DirecTV Financing Co-Obligor Inc. 5.88%⁽¹⁾		08/15/27		225,000		194,555
Gray Escrow II, Inc. 5.38%⁽¹⁾		11/15/31		140,000		109,907
Scripps Escrow, Inc. 5.88%⁽¹⁾		07/15/27		265,000		231,875
Sirius XM Radio, Inc. 3.88%⁽¹⁾		09/01/31		290,000		225,539
Time Warner Cable LLC 5.50%		09/01/41		120,000		94,465
Virgin Media Secured Finance PLC (United Kingdom) 5.50%⁽¹⁾		05/15/29		200,000		171,709
VZ Secured Financing BV 5.00%⁽¹⁾		01/15/32		300,000		229,425

						3,101,192

Metal Fabricate & Hardware—0.1%
Advanced Drainage Systems, Inc. 6.38%⁽¹⁾		06/15/30		125,000		121,404

Miscellaneous Manufacturers—0.8%
General Electric Co. 3.39% (3 mo. USD LIBOR + 0.480%)⁽²⁾		08/15/36		2,400,000		1,976,978

Oil & Gas—0.8%
Ecopetrol S.A. 6.88%		04/29/30		200,000		169,000
KazMunayGas National Co. JSC 3.50%⁽¹⁰⁾		04/14/33		200,000		131,900
Occidental Petroleum Corp. 0.00%⁽¹¹⁾		10/10/36		513,000		268,053
Pertamina Persero PT (Indonesia) 3.10%⁽¹⁾		08/27/30		200,000		164,000
Petroleos Mexicanos
6.35%		02/12/48		34,000		18,277
6.75%		09/21/47		75,000		41,955
6.95%		01/28/60		130,000		71,976
7.69%		01/23/50		486,000		298,409
Petronas Capital, Ltd. 3.50%⁽¹⁾		04/21/30		200,000		182,710
Sunoco LP / Sunoco Finance Corp.
4.50%		05/15/29		283,000		235,776
4.50%		04/30/30		86,000		70,430
Transocean Poseidon, Ltd. 6.88%⁽¹⁾		02/01/27		274,750		251,928

						1,904,414

Oil & Gas Services—0.3%
Archrock Partners LP / Archrock Partners Finance Corp. 6.25%⁽¹⁾		04/01/28		415,000		365,818
Transocean Proteus, Ltd. 6.25%⁽¹⁾		12/01/24		87,750		82,655
USA Compression Partners LP / USA Compression Finance Corp. 6.88%		04/01/26		162,000		149,295

						597,768

Packaging & Containers—0.7%
Amcor Finance USA, Inc. 3.63%		04/28/26		400,000		373,636
Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc.
5.25%⁽¹⁾		08/15/27		410,000		262,757
5.25%⁽¹⁾		08/15/27		50,000		31,393
Ball Corp. 4.00%		11/15/23		90,000		88,470
Berry Global, Inc.
1.57%		01/15/26		335,000		292,917
1.65%		01/15/27		140,000		116,271
4.88% ⁽¹⁾		07/15/26		85,000		80,008
Graphic Packaging International LLC 4.75%⁽¹⁾		07/15/27		130,000		120,250
Trivium Packaging Finance BV (Netherlands)
5.50%⁽¹⁾		08/15/26		325,000		291,099
8.50%⁽¹⁾		08/15/27		75,000		66,506

						1,723,307

Pharmaceuticals—1.6%
AbbVie, Inc. 4.50%		05/14/35		816,000		727,695
Bayer US Finance II LLC
4.38%⁽¹⁾		12/15/28		590,000		540,429
4.63%⁽¹⁾		06/25/38		515,000		429,865
4.88%⁽¹⁾		06/25/48		285,000		233,560
Cigna Corp. 3.88%		10/15/47		170,000		125,074
CVS Health Corp. 5.05%		03/25/48		685,000		603,697
Embecta Corp. 5.00%⁽¹⁾		02/15/30		400,000		344,020
Endo Dac / Endo Finance LLC / Endo Finco, Inc. 6.00%^(1),(12)		06/30/28		32,000		1,840
Option Care Health, Inc. 4.38%⁽¹⁾		10/31/29		275,000		232,669
Organon & Co. / Organon Foreign Debt Co-Issuer BV 5.13%⁽¹⁾		04/30/31		275,000		226,188
Prestige Brands, Inc. 3.75%⁽¹⁾		04/01/31		445,000		346,190

						3,811,227

Pipelines—1.4%
Energy Transfer LP
5.15%		03/15/45		325,000		258,731
5.40%		10/01/47		831,000		677,365
6.63% (3 mo. USD LIBOR + 4.155%)^(2),(9)		12/31/99		634,000		465,196
Global Partners LP / GLP Finance Corp. 6.88%		01/15/29		275,000		248,022
NGL Energy Operating LLC / NGL Energy Finance Corp. 7.50%⁽¹⁾		02/01/26		145,000		129,259
Plains All American Pipeline LP / PAA Finance Corp. 3.80%		09/15/30		500,000		419,797
Rockies Express Pipeline LLC
4.80%⁽¹⁾		05/15/30		125,000		103,581
4.95%⁽¹⁾		07/15/29		425,000		365,534
TransMontaigne Partners LP / TLP Finance Corp. 6.13%		02/15/26		265,000		227,900
Venture Global Calcasieu Pass LLC 3.88%⁽¹⁾		08/15/29		425,000		365,521

						3,260,906

Real Estate—0.0%
China Aoyuan Group Ltd 6.35%^(8),(10)		02/08/24		400,000		27,000

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Sunac China Holdings Ltd. 6.50%^{(8),(10),(12)}		01/10/25	$	200,000	$	28,674
Vonovia SE, 1.50%⁽¹⁰⁾		06/14/41	EUR	100,000		53,624
Zhenro Properties Group Ltd. 6.63%^(8),(10)		01/07/26	$	200,000		8,169

Total Real Estate (Cost: $442,777)						117,467

REIT—1.6%
American Assets Trust LP 3.38%		02/01/31		275,000		219,381
CapLand Ascendas Real Estate Investment Trust 0.75%⁽¹⁰⁾		06/23/28	EUR	115,000		86,916
Digital Intrepid Holding BV 0.63%⁽¹⁰⁾		07/15/31	EUR	165,000		108,545
GLP Capital LP / GLP Financing II, Inc.
5.30%		01/15/29	$	210,000		194,920
5.38%		04/15/26		621,000		594,794
5.75%		06/01/28		345,000		323,813
Healthcare Realty Holdings LP
2.00%		03/15/31		190,000		139,846
2.40%		03/15/30		205,000		157,314
3.10%		02/15/30		115,000		94,670
Hudson Pacific Properties LP
3.95%		11/01/27		275,000		245,883
5.95%		02/15/28		10,000		9,594
Iron Mountain Information Management Services, Inc. 5.00%⁽¹⁾		07/15/32		420,000		327,600
LXP Industrial Trust 2.70%		09/15/30		275,000		211,969
Piedmont Operating Partnership LP 3.40%		06/01/23		425,000		420,570
VICI Properties LP
4.95%		02/15/30		15,000		13,612
5.13%		05/15/32		250,000		222,142
5.63%		05/15/52		134,000		111,087
VICI Properties LP / VICI Note Co., Inc.
3.75%⁽¹⁾		02/15/27		25,000		22,000
3.88%⁽¹⁾		02/15/29		150,000		126,151
4.50%⁽¹⁾		09/01/26		80,000		73,608
4.50%⁽¹⁾		01/15/28		40,000		35,542
4.63%⁽¹⁾		06/15/25		20,000		18,854
5.75%⁽¹⁾		02/01/27		95,000		89,625

						3,848,436

Retail—0.6%
Asbury Automotive Group, Inc. 5.00%⁽¹⁾		02/15/32		100,000		77,581
Bloomin’ Brands, Inc. / OSI Restaurant Partners LLC 5.13%⁽¹⁾		04/15/29		285,000		237,975
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. 6.75%⁽¹⁾		01/15/30		450,000		343,125
FirstCash, Inc. 5.63%⁽¹⁾		01/01/30		280,000		239,733
Michaels Cos, Inc. (The) 7.88%⁽¹⁾		05/01/29		590,000		341,524
Papa John’s International, Inc. 3.88%⁽¹⁾		09/15/29		285,000		229,089

						1,469,027

Savings & Loans—0.4%
Nationwide Building Society (United Kingdom)
2.97% (SOFR + 1.290%)^(1),(2)		02/16/28		250,000		215,413
3.77% (3 mo. USD LIBOR + 1.064%)^(1),(2)		03/08/24	$	520,000	$	514,291
4.36% (3 mo. USD LIBOR + 1.392%)^(1),(2)		08/01/24		150,000		147,896

Total Savings & Loans (Cost: $938,715)						877,600

Semiconductors—0.1%
Broadcom, Inc. 4.30%		11/15/32		150,000		126,711

Software—0.2%
Change Healthcare Holdings LLC / Change Healthcare Finance, Inc. 5.75%⁽¹⁾		03/01/25		22,000		21,931
Oracle Corp.
2.88%		03/25/31		60,000		47,302
3.80%		11/15/37		80,000		58,249
3.95%		03/25/51		545,000		362,267

						489,749

Telecommunications—3.0%
AT&T, Inc.
3.80%		12/01/57		488,000		326,702
4.75%		05/15/46		530,000		445,819
4.85%		03/01/39		348,000		302,148
5.25%		03/01/37		705,000		653,168
Frontier Communications Holdings LLC 5.00%⁽¹⁾		05/01/28		350,000		300,615
Global Switch Finance BV 1.38%⁽¹⁰⁾		10/07/30	EUR	315,000		256,047
Intelsat Jackson Holding S. A. (Escrow)
8.50%^(1),(8)		10/15/24	$	535,000		—
9.75%^(1),(8)		07/15/25		621,000		—
Intelsat Jackson Holdings S. A. 6.50%^(1),(6)		03/15/30		397,000		337,922
Level 3 Financing, Inc.
3.40%⁽¹⁾		03/01/27		75,000		62,837
3.88%⁽¹⁾		11/15/29		400,000		315,940
4.63%⁽¹⁾		09/15/27		176,000		146,087
Lumen Technologies, Inc. 5.38%⁽¹⁾		06/15/29		425,000		316,828
Qwest Corp. 7.25%		09/15/25		250,000		256,250
SES GLOBAL Americas Holdings, Inc. 5.30%⁽¹⁾		03/25/44		675,000		518,910
Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC 4.74%⁽¹⁾		03/20/25		1,090,625		1,075,584
T-Mobile USA, Inc.
2.25%		02/15/26		75,000		67,223
2.55%		02/15/31		140,000		111,045
2.63%		04/15/26		489,000		442,682
3.88%		04/15/30		235,000		208,592
4.38%		04/15/40		350,000		285,880
4.75%		02/01/28		186,000		175,592
Vmed O2 UK Financing I PLC 4.25%⁽¹⁾		01/31/31		260,000		197,600
Vodafone Group PLC (United Kingdom) 4.88%		06/19/49		529,000		417,298

						7,220,769

Total Corporate Bonds (Cost: $99,006,467)						84,962,383

MUNICIPAL BONDS—0.7%
Alabama Economic Settlement Authority, Revenue Bond 4.26%		09/15/32		705,000		666,046

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)


Issues	Maturity Date		Principal Amount		Value
Metropolitan Transportation Authority, Revenue Bonds 5.18%		11/15/49	$	55,000	$	49,837
New York State Dormitory Authority, Revenue Bond 5.29%		03/15/33		1,000,000		1,009,564

Total Municipal Bonds (Cost: $1,943,650)						1,725,447


FOREIGN GOVERNMENT BONDS—1.6%
Abu Dhabi Government International Bond 2.50%⁽¹⁰⁾		09/30/29		200,000		174,800
Airport Authority Hong Kong 3.25%⁽¹⁾		01/12/52		200,000		145,432
Brazilian Government International Bond 3.88%		06/12/30		200,000		165,900
Chile Government International Bond 2.55%		01/27/32		350,000		274,888
Colombia Government International Bond 3.00%		01/30/30		50,000		36,025
Dominican Republic International Bond 4.50%⁽¹⁾		01/30/30		200,000		157,702
Egypt Government International Bond 5.25%⁽¹⁰⁾		10/06/25		200,000		156,250
Guatemala Government Bond 3.70%⁽¹⁰⁾		10/07/33		242,000		176,422
Hungary Government International Bond 2.13%⁽¹⁾		09/22/31		200,000		138,101
Mexico Government International Bond 2.66%		05/24/31		438,000		337,392
Oman Government International Bond 5.63%⁽¹⁰⁾		01/17/28		200,000		186,720
Panama Government International Bond
2.25%		09/29/32		200,000		140,522
3.16%		01/23/30		250,000		204,394
Philippine Government International Bond 2.46%		05/05/30		200,000		168,000
Qatar Government International Bond 4.50%⁽¹⁰⁾		04/23/28		350,000		346,179
Saudi Government International Bond
3.25%⁽¹⁰⁾		10/26/26		200,000		190,160
3.63%⁽¹⁰⁾		03/04/28		300,000		284,242
South Africa Government Bond 4.88%		04/14/26		350,000		327,215
Uruguay Government International Bond 4.38%		01/23/31		200,000		192,300

Total Foreign Government Bonds (Cost: $4,433,689)						3,802,644

Total Fixed Income Securities (Cost: $286,721,827)						249,906,336


COMMON STOCK—6.3%


Security			Shares
Agriculture—0.4%
Altria Group, Inc.				12,670		511,615
British American Tobacco PLC (SP ADR) (United Kingdom)				15,706		557,563

Total Agriculture (Cost: $1,140,228)						1,069,178


Banks—1.2%
Bank of America Corp.				28,443		858,979
Comerica, Inc.				2,317		164,739
JPMorgan Chase & Co.				9,423		984,703
Wells Fargo & Co.				19,525		785,295

						2,793,716


Media—0.0%
Warner Bros Discovery, Inc.⁽¹³⁾				10,003		115,034


Oil & Gas—1.2%
BP PLC (SP ADR) (United Kingdom)				20,274		578,823
Chevron Corp.				84		12,068
Exxon Mobil Corp.				80		6,985
Shell PLC (ADR) (United Kingdom)				12,146		604,385
Sunoco LP				26,257		1,023,235
TotalEnergies SE (SP ADR) (France)				11,488		534,422

						2,759,918


Oil & Gas Services—0.6%
USA Compression Partners LP				79,823		1,388,920


Pipelines—0.9%
Energy Transfer LP				103,400		1,140,502
Enterprise Products Partners LP				38,393		912,985

Total Pipelines (Cost: $1,614,723)						2,053,487


REIT—1.3%
AGNC Investment Corp.				144,641		1,217,877
Annaly Capital Management, Inc.				41,442		711,140
Gaming and Leisure Properties, Inc.				7,500		331,800
Redwood Trust, Inc.				61,963		355,668
Rithm Capital Corp.				55,339		405,082
						3,021,567

Telecommunications—0.7%
AT&T, Inc.				54,617		837,825
Intelsat S.A.^(8),(13)				11,069		304,398
Verizon Communications, Inc.				15,224		578,055
						1,720,278

Total Common Stock (Cost: $15,833,924)						14,922,098

RIGHTS—0.0%
Telecommunications —0.0%
Intelsat S.A. Expires 12/05/25^(8),(13)				1,158		—
Intelsat S.A. Expires 12/05/25^(8),(13)				1,158		—

Total Rights (Cost: $—)						—

MONEY MARKET INVESTMENTS—0.9%
State Street Institutional U.S. Government Money Market Fund—Premier Class, 2.94%⁽¹⁴⁾				2,093,123		2,093,123

Total Money Market Investments (Cost: $2,093,123)						2,093,123


Total Investments (112.6%) (Cost: $304,648,874)						266,921,557
Liabilities In Excess Of Other Assets (-12.6%)						(29,822,079	)


Net Assets (100.0%)					$	237,099,478

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)

FUTURES CONTRACTS


Number of Contracts	Type	Expiration Date		Notional Contract Value			Market Value			Net Unrealized Appreciation (Depreciation)
Long Futures
131	2-Year U.S Treasury Note Futures		12/30/22	$	27,350,581		$	26,906,172		$	(444,409	)
172	5-Year U.S Treasury Note Futures		12/30/22		19,151,054			18,491,344			(659,710	)

				$	46,501,635		$	45,397,516		$	(1,104,119	)

Short Futures
320	10-Year U.S. Treasury Note Futures		12/20/22	$	(40,359,866	)	$	(37,915,000	)	$	2,444,866
2	Euro-Bund Future		12/8/22		(283,938	)		(271,343	)		12,595
78	U.S. Ultra Long Bond Futures		12/20/22		(11,675,897	)		(10,686,000	)		989,897

				$	(52,319,701	)	$	(48,872,343	)	$	3,447,358

FORWARD CURRENCY EXCHANGE CONTRACTS


Counterparty	Contracts to Deliver		Units of Currency		Settlement Date		In Exchange for U.S. Dollars		Contracts at Value		Unrealized Appreciation (Depreciation)
BUY *⁽¹⁵⁾*
Citibank N.A.		EUR		83,000		10/07/22	$	81,445	$	81,328	$	(117	)

							$	81,445	$	81,328	$	(117	)

SELL *⁽¹⁶⁾*
Citibank N.A.		EUR		652,000		10/07/22	$	685,379	$	638,862	$	46,517
Goldman Sachs & Co.		EUR		190,000		10/07/22		194,333		186,171		8,162

							$	879,712	$	825,033	$	54,679

CENTRALLY CLEARED—INTEREST RATE SWAP AGREEMENTS


Notional Amount		Expiration Date	Payment Made by Fund Frequency	Payment Made by Fund	Payment Received by Fund Frequency	Payment Received by Fund	Unrealized Appreciation (Depreciation)			Premium Paid		Value
	$3,190,000⁽¹⁷⁾	07/24/25	Quarterly	3-Month USD LIBOR	Semi-Annual	1.073%	$	(188,084	)	$	—	$	(188,084	)
	4,725,000⁽¹⁷⁾	07/24/25	Quarterly	3-Month USD LIBOR	Semi-Annual	1.034%		(281,974	)	$	—		(281,974	)
	6,380,000⁽¹⁷⁾	07/24/25	Quarterly	3-Month USD LIBOR	Semi-Annual	1.026%		(381,678	)	$	—		(381,678	)
	7,515,000⁽¹⁷⁾	09/28/25	Quarterly	3-Month USD LIBOR	Semi-Annual	1.390%		(385,565	)	$	—		(385,565	)
	265,000⁽¹⁷⁾	07/24/53	Semi-Annual	1.808%	Quarterly	3-Month USD LIBOR		72,244		$	—		72,244
	400,000⁽¹⁷⁾	07/24/53	Semi-Annual	1.785%	Quarterly	3-Month USD LIBOR		110,702		$	—		110,702
	530,000⁽¹⁷⁾	07/24/53	Semi-Annual	1.773%	Quarterly	3-Month USD LIBOR		147,898		$	—		147,898
	640,000⁽¹⁷⁾	09/28/53	Semi-Annual	1.870%	Quarterly	3-Month USD LIBOR		164,063		$	—		164,063

							$	(742,394	)	$	—	$	(742,394	)

TCW Strategic Income Fund, Inc.

SCHEDULE OF INVESTMENTS September 30, 2022 (Unaudited) (Cont’d)

WRITTEN OPTIONS — EXCHANGE TRADED


Description	Exercise Price		Expiration Date		Number of Contracts			Notional Amount			Market Value			Premiums Paid (Received) by Fund			Unrealized Appreciation (Depreciation)
Call
BP PLC	$	34.00		10/21/22		(202	)	$	(576,710	)	$	(1,313	)	$	(32,617	)	$	31,304
Comerica, Inc.		90.00		1/20/23		(23	)		(163,530	)		(1,783	)		(9,119	)		7,336
Gaming and Leisure Properties, Inc.		55.00		1/20/23		(75	)		(331,800	)		(1,875	)		(10,985	)		9,110
JPMorgan Chase & Co.		170.00		10/21/22		(36	)		(376,200	)		(36	)		(6,575	)		6,539
Shell PLC		65.00		1/20/23		(120	)		(597,120	)		(4,800	)		(8,816	)		4,016
TotalEnergies SE		65.00		1/20/23		(114	)		(530,328	)		(3,420	)		(8,375	)		4,955
Wells Fargo & Co.		62.50		10/21/22		(98	)		(394,156	)		(294	)		(12,394	)		12,100

											$	(13,521	)	$	(88,881	)	$	75,360


Notes to the Schedule of Investments:
ACES				Alternative Credit Enhancement Securities.
CLO				Collateralized Loan Obligation.
EETC				Enhanced Equipment Trust Certificate.
I/F				Inverse Floating rate security whose interest rate moves in the opposite direction of prevailing interest rates.
I/O				Interest Only Security.
PAC				Planned Amortization Class.
SOFR				Secured Overnight Financing Rate.
TAC				Target Amortization Class.
TBA				To Be Announced.
EUR				Euro Currency.
				Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers. At September 30, 2022, the value of these securities amounted to $110,701,908 or 46.7% of net assets. These securities are determined to be liquid by the Fund’s investment advisor, unless otherwise noted, under procedures established by and under the general supervision of the Fund’s Board of Directors.
(2)				Floating or variable rate security. The interest shown reflects the rate in effect at September 30, 2022.
(3)				A portion of the principal balance has been written-off during the period due to defaults in the underlying loans. Cost basis has been adjusted.
(4)				Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
(5)				This security is a residual or equity position that does not have a stated interest rate. This residual or equity position is entitled to recurring distributions which are generally equal to the remaining cash flow of payments made by underlying securities less contractual payments to debtholders and fund expenses.
(6)				Restricted security (Note 3).
(7)				Security purchased on a forward commitment with an approximate principal amount. The actual principal amount and maturity date will be determined upon settlement when the security is delivered.
(8)				For fair value measurement disclosure purposes, security is categorized as Level 3. Security is valued using significant unobservable inputs.
(9)				Perpetual maturity.
(10)				Investments issued under Regulation S of the Securities Act of 1933, as amended, may not be offered, sold, or delivered within the United States except under special exemptions. At September 30, 2022, the value of these securities amounted to $2,319,685 or 1.0% of net assets.
(11)				Security is not accruing interest.
(12)				Security is currently in default due to bankruptcy or failure to make payment of principal or interest of the issuer. Income is not being accrued.
(13)				Non-income producing security.
(14)				Rate disclosed is the 7-day net yield as of September 30, 2022.
(15)				Fund buys foreign currency, sells U.S. Dollar.
(16)				Fund sells foreign currency, buys U.S. Dollar.
(17)				This instrument has a forward starting effective date.

TCW Strategic Income Fund, Inc.


Investments by Sector (Unaudited)		September 30, 2022


Sector	Percentage of Net Assets
Corporate Bonds		35.8	%
Residential Mortgage-Backed Securities—Non-Agency		30.3
Asset-Backed Securities		17.3
Residential Mortgage-Backed Securities—Agency		11.7
Common Stock		6.3
Commercial Mortgage-Backed Securities—Non-Agency		6.5
Foreign Government Bonds		1.6
Commercial Mortgage-Backed Securities—Agency		1.5
Money Market Investments		0.9
Municipal Bonds		0.7
Rights		0.0	*
Other		(12.6	)^**

Total		100.0	%

*	Value rounds to less than 0.1% of net assets.

**	Includes cash, futures, written options, foreign currency exchange contracts, swap agreements, pending trades, interest receivable, and accrued expenses payable.

TCW Strategic Income Fund, Inc.


Fair Valuation Summary (Unaudited)		September 30, 2022

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments:


Description	Quoted Prices in Active Markets for Identical Assets (Level 1)			Other Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total
Fixed Income Securities
Asset-Backed Securities	$	—		$	40,987,094		$	—	$	40,987,094
Mortgage-Backed Securities
Commercial Mortgage-Backed Securities—Agency		—			3,508,123			—		3,508,123
Commercial Mortgage-Backed Securities—Non-Agency		—			15,361,847			—		15,361,847
Residential Mortgage-Backed Securities—Agency		—			27,677,833			—		27,677,833
Residential Mortgage-Backed Securities—Non-Agency		—			68,786,510			3,094,455		71,880,965

Total Mortgage-Backed Securities		—			115,334,313			3,094,455		118,428,768

Corporate Bonds*		—			84,898,540			63,843		84,962,383
Municipal Bonds		—			1,725,447			—		1,725,447
Foreign Government Bonds		—			3,802,644			—		3,802,644

Total Fixed Income Securities		—			246,748,038			3,158,298		249,906,336

Common Stock*		14,617,700			—			304,398		14,922,098
Rights*		—			—			—		—
Money Market Investments		2,093,123			—			—		2,093,123
Total Investments	$	16,710,823		$	246,748,038		$	3,462,696	$	266,921,557

Asset Derivatives
Forward Currency Contracts
Foreign Currency Risk		—			54,679			—		54,679
Futures Contracts
Interest Rate Risk		3,447,358			—			—		3,447,358
Swap Agreements
Interest Rate Risk		—			494,907			—		494,907

Total	$	20,158,181		$	247,297,624		$	3,462,696	$	270,918,501

Liability Derivatives
Futures Contracts
Interest Rate Risk	$	(1,104,119	)	$	—		$	—	$	(1,104,119	)
Forward Currency Contracts
Foreign Currency Risk		—			(117	)		—		(117	)
Swap Agreements
Interest Rate Risk		—			(1,237,301	)		—		(1,237,301	)
Written Options
Equity Risk		(13,521	)		—			—		(13,521	)

Total	$	(1,117,640	)	$	(1,237,418	)	$	—	$	(2,355,058	)

*	See Schedule of Investments for corresponding industries.

Note 1 — Security Valuations

Securities listed or traded on the NYSE and other stock exchanges are valued at the latest sale price on that exchange. Securities traded on the NASDAQ stock market (“NASDAQ”) are valued using official closing prices as reported by NASDAQ, which may not be the last sale price. All other securities for which over-the-counter (“OTC”) market quotations are readily available, including short-term securities, swap agreements and forward currency contracts, are valued with prices furnished by independent pricing services or by broker-dealers.

Pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors (the “Board” or the “Board of Directors”) has designated the Advisor as the “valuation designee” with respect to the fair valuation of the Fund’s portfolio securities, subject to oversight by and periodic reporting to the Board. Fair valued securities are those for which market quotations are not readily available, including in circumstances under which it is determined by the Advisor that prices received are not reflective of their market values.

Fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market for the investment. In accordance with the authoritative guidance on fair value measurements and disclosures under GAAP, the Fund discloses investments in its financial statements in a three-tier hierarchy. This hierarchy is utilized to establish classification of fair value measurements based on inputs. Inputs that go into fair value measurement refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability, developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the inputs market participants would use in pricing the asset or liability, developed based on the best information available in the circumstances.

The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

Level 1 — quoted prices in active markets for identical investments.

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

Changes in valuation techniques may result in transfers in or out of an investment’s assigned Level within the hierarchy. The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments and the determination of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to each security.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized as Level 3.

In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition, as well as changes related to liquidity of investments, could cause a security to be reclassified between Level 1, Level 2, or Level 3.

In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement.

Fair Value Measurements: Descriptions of the valuation techniques applied to the Fund’s major categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Asset-backed securities (“ABS”) and mortgage-backed securities (“MBS”). The fair value of ABS and MBS is estimated based on pricing models that consider the estimated cash flows of each debt tranche of the issuer, establish a benchmark yield, and develop an estimated tranche-specific spread to the benchmark yield based on the unique attributes of the tranche including, but not limited to, the prepayment speed assumptions and attributes of the collateral. To the extent the inputs are observable and timely, the values would be categorized as Level 2 of the fair value hierarchy; otherwise, they would be categorized as Level 3.

Corporate bonds. The fair value of corporate bonds is estimated using recently executed transactions, market price quotations (where observable), bond spreads, or credit default swap spreads adjusted for any basis difference between cash and derivative instruments. Corporate bonds are generally categorized as Level 2 of the fair value hierarchy; in instances where prices, spreads, or any of the other aforementioned key inputs are unobservable, they are categorized as Level 3 of the hierarchy.

Equity securities. Securities are generally valued based on quoted prices from the applicable exchange. To the extent these securities are actively traded and valuation adjustments are not applied, they are generally categorized as Level 1 of the fair value hierarchy. Restricted securities issued by publicly held companies are generally categorized as Level 2 of the fair value hierarchy; if a discount is applied and significant, they are categorized as Level 3. Restricted securities held in non-public entities are included in Level 3 of the fair value hierarchy because they trade infrequently, and therefore the inputs are unobservable. Certain foreign securities that are fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets are categorized as Level 2 of the fair value hierarchy.

Foreign currency contracts. The fair values of foreign currency contracts are derived from indices, reference rates, and other inputs or a combination of these factors. To the extent that these factors can be observed, foreign currency contracts are categorized as Level 2 of the fair value hierarchy.

Futures contracts. Futures contracts are generally valued at the settlement price established at the close of business each day by the exchange on which they are traded. They are categorized as Level 1.

Government and agency securities. Government and agency securities are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, quoted market prices, and reference data. Accordingly, government and agency securities are normally categorized as Level 1 or 2 of the fair value hierarchy depending on the liquidity and transparency of the market.

Interest rate swaps. Interest rate swaps are fair valued using pricing models that take into account, among other factors, index spread curves, nominal values, modified duration values and cash flows. To the extent that these inputs are observable and timely, the fair values of credit default swaps are categorized as Level 2; otherwise, the fair values are categorized as Level 3.

Money market funds. Money market funds are open-end mutual 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-wanted lists, 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-money contracts 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.

Restricted securities. Restricted securities, including illiquid Rule 144A securities, issued by non-public entities 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 inputs used as of September 30, 2022 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:


	Common Stock			Corporate Bonds			Residential Mortgage-Backed Securities — Non- Agency
Balance as of December 31, 2021	$	—		$	79,000		$	5,110,040
Accrued Discounts (Premiums)		—			(14,629	)		(419,217	)
Realized Gain (Loss)		(53	)		—			(32,999	)
Change in Unrealized Appreciation (Depreciation)		(622,178	)		(257,242	)		(1,492,289	)
Purchases		926,629			—			—
Sales		—			—			(71,080	)
Transfers in to Level 3 ⁽¹⁾		—			256,714	⁽¹⁾		—
Transfers out of Level 3 ⁽¹⁾		—			—			—

Balance as of September 30, 2022	$	304,398		$	63,843		$	3,094,455

Change in Unrealized Appreciation (Depreciation) from Investments Still Held at September 30, 2022	$	(622,178	)	$	(257,242	)	$	(1,498,435	)

⁽¹⁾

Financial assets transferred between Level 2 and Level 3 were due to a change in observable and/or unobservable inputs.

Significant unobservable valuation inputs for Level 3 investments as of September 30, 2022, are as follows:


Description	Fair Value at September 30, 2022		Valuation Techniques		Unobservable Input		Price or Price Range		Weighted Average Price		Input to Valuation If Input Increases
Common Stock	$	304,398		Third-party Vendor		Vendor Prices	$	27.500	$	27.500		Increase
Corporate Bonds	$	63,843		Third-party Vendor		Vendor Prices	$	4.084 -14.337	$	7.980		Increase
Residential Mortgage-Backed Securities— Non-Agency (Interest Only Collateral Strip Rate Securities)	$	435,565		Third-party Vendor		Vendor Prices	$	0.008 - 4.406	$	1.155		Increase
Residential Mortgage-Backed Securities— Non-Agency (Interest Only Securities)	$	2,658,890		Third-party Vendor		Vendor Prices	$	2.503 -18.113	$	5.111		Increase
Rights	$	0		Third-party Vendor		Vendor Prices	$	0	$	0		Increase

Derivative Instruments: Derivatives are financial instruments which are valued based on the values of one or more indicators, such as a security, asset, currency, interest rate, or index. Derivative transactions can create investment leverage and may be highly volatile. A derivative contract may result in a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. It is possible that a derivative transaction will result in a loss greater than the principal amount invested. The Fund may not be able to close out a derivative transaction at a favorable time or price.

For the quarter ended September 30, 2022, the Fund had derivatives and transactions in derivatives, grouped in the following risk categories:

Asset Derivatives


	Equity Risk			Foreign Currency Risk			Interest Rate Risk			Total
Swaps Agreements	$	—		$	—		$	494,907		$	494,907
Futures Contracts		—			—			3,447,358			3,447,358
Forward Contracts		—			54,679			—			54,679

Total Value	$	—		$	54,679		$	3,942,265		$	3,996,944

Liability Derivatives
Forward Contracts	$	—		$	(117	)	$	—		$	(117	)
Written Options		(13,521	)		—			—			(13,521	)
Swap Agreements		—			—			(1,237,301	)		(1,237,301	)
Futures Contracts		—			—			(1,104,119	)		(1,104,119	)

Total Value	$	(13,521	)	$	(117	)	$	(2,341,420	)	$	(2,355,058	)

Number of Contracts or Notional Amounts⁽¹⁾
Forward Contracts	$	—		$	1,417,031		$	—		$	1,417,031
Swap Agreements	$	—		$	—		$	29,025,000		$	29,025,000
Futures Contracts		—			—			679			679
Written Options		717			—			—			717

(1)

Amount disclosed represents average number of contracts or notional amounts, which are representative of the volume traded for the period ended September 30, 2022.

Mortgage-Backed and Other Asset-Backed Securities: The Fund may invest in MBS, which represent interests in pools of mortgages in which payments of both principal and interest on the securities are generally made monthly, in effect “passing through” monthly payments made by borrowers on the residential or commercial mortgage loans which underlie the securities (net of any fees paid to the issuer or guarantor of the securities). Mortgage pass-through securities differ from other forms of debt securities, which normally provide for periodic payment of interest in fixed amounts with principal payments at maturity or specified call dates. The Fund may also invest in Collateralized Mortgage Obligations (“CMOs”). CMOs are debt obligations collateralized by residential or commercial mortgage loans or residential or commercial mortgage pass-through securities. Interest and principal are generally paid monthly. CMOs may be collateralized by whole mortgage loans or private mortgage pass-through securities but are more typically collateralized by portfolios of mortgage pass-through securities guaranteed by the Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Federal National Mortgage Corporation (Fannie Mae). The issuer of a series of CMOs may elect to be treated for tax purposes as a Real Estate Mortgage Investment Conduit. CMOs are structured into multiple classes, each bearing a different stated maturity. Monthly payment of principal received from the pool of underlying mortgages, including prepayments, is first returned to investors holding the shortest maturity class. Investors holding the longer maturity classes usually receive principal only after shorter classes have been retired. An investor may be partially protected against a sooner than desired return of principal because of the sequential payments. The Fund may invest in stripped MBS. Stripped MBS are usually structured with two classes that receive different proportions of the interest and principal distributions on a pool of mortgage assets. In certain cases, one class will receive all of the interest (the interest

only or “IO” class), while the other class will receive all of the principal (the principal—only or “PO” class). The yield to maturity on IOs is sensitive to the rate of principal repayments (including prepayments) on the related underlying mortgage assets, and principal payments may have a material effect on yield to maturity. If the underlying mortgage assets experience greater than anticipated prepayments of principal, the Fund may not fully recoup its initial investment in IOs. Mortgage-backed and other asset-backed securities held by the Fund at September 30, 2022 are listed in the Fund’s Schedule of Investments.

Repurchase Agreements: The Fund may enter into repurchase agreements under the terms of a Master Repurchase Agreement (“MRA”). In a repurchase agreement, the Fund purchases a security from a counterparty who agrees to repurchase the same security at a mutually agreed upon date and price. The MRA permits the Fund, under certain circumstances including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Fund. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of the MRA counterparty’s bankruptcy or insolvency. Pursuant to the terms of the MRA, the Fund receives securities as collateral with a market value in excess of the repurchase price. Upon a bankruptcy or insolvency of the MRA counterparty, the Fund recognizes a liability with respect to such excess collateral to reflect the Fund’s obligation under bankruptcy law to return the excess to the counterparty. The Fund had no repurchase agreements outstanding at September 30, 2022.

When-Issued, Delayed-Delivery, To Be Announced (“TBA”) and Forward Commitment Transactions: The Fund may enter into when-issued, delayed-delivery, TBA or forward commitment transactions in order to lock in the purchase price of the underlying security or to adjust the interest rate exposure of the Fund’s existing portfolio. In when-issued, delayed-delivery, TBA or forward commitment transactions, the Fund commits to purchase or sell particular securities, with payment and delivery to take place at a future date. Although the Fund does not pay for the securities or start earning interest on them until they are delivered, it immediately assumes the risks of ownership, including the risk of price fluctuation. If the Fund’s counterparty fails to deliver a security purchased on a when-issued, delayed-delivery, TBA or forward commitment basis, there may be a loss, and the Fund may have missed an opportunity to make an alternative investment.

Prior to settlement of these transactions, the value of the subject securities will fluctuate with market conditions. In addition, because the Fund is not required to pay for when-issued, delayed-delivery, TBA or forward commitment securities until the delivery date, they may result in a form of leverage to the extent the Fund does not set aside liquid assets to cover the commitment. To guard against this deemed leverage, the Fund monitors the obligations under these transactions on a daily basis and ensures that the Fund has sufficient liquid assets to cover them.

Securities Lending: The Fund may lend its securities to qualified brokers. The loans must be collateralized at all times primarily with cash although the Fund can accept money market instruments or U.S. Government securities with a market value at least equal to the market value of the securities on loan. As with any extensions of credit, the Fund may bear the risk of delay in recovery or even loss of rights in the collateral if the borrowers of the securities fail financially. The Fund earns additional income for lending its securities by investing the cash collateral in short-term investments. The Fund did not lend any securities during the period ended September 30, 2022.

Derivatives:

Forward Foreign Currency Contracts: The Fund enters into forward foreign currency contracts as a hedge against fluctuations in foreign exchange rates. Forward foreign currency contracts are marked-to-market daily and the change in market value is recorded by the Fund as unrealized gains or losses in the Statement of Assets and Liabilities. When a contract is closed or delivery is taken, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of the foreign currency relative to the U.S. dollar. Outstanding foreign currency forward contracts at September 30, 2022 are disclosed in the Schedule of Investments.

Futures Contracts: The Fund may enter into futures contracts. The Fund may seek to manage a variety of different risks through the use of futures contracts, such as interest rate risk, equity price risk, and currency risk. The Fund may use index futures to hedge against broad

market risks to its portfolio or to gain broad market exposure. Securities index futures contracts are contracts to buy or sell units of a securities index at a specified future date at a price agreed upon when the contract is made, and are settled in cash. Positions in futures may be closed out only on an exchange or board of trade which provides a secondary market for such futures. Because futures contracts are exchange-traded, they typically have minimal exposure to counterparty risk. Parties to a futures contract are not required to post the entire notional amount of the contract, but rather a small percentage of that amount (by way of margin), both at the time they enter into futures transactions, and then on a daily basis if their positions decline in value; as a result, futures contracts are highly leveraged. Such payments are known as variation margin and are recorded by the Fund as unrealized gains or losses. Because futures markets are highly leveraged, they can be extremely volatile, and there can be no assurance that the pricing of a futures contract will correlate precisely with the pricing of the asset or index underlying it or the asset or liability of the Fund that is the subject of the hedge. It may not always be possible for the Fund to enter into a closing transaction with respect to a futures contract it has entered into at a favorable time or price. When the Fund enters into a futures transaction, it is subject to the risk that the value of the futures contract will move in a direction unfavorable to it.

When the Fund uses futures contracts for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the transactions, at least in part. When a futures contract is closed, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. During the period ended September 30, 2022, the Fund utilized treasury futures to help manage interest rate duration and credit market exposure. Futures contracts outstanding at September 30, 2022 are listed in the Fund’s Schedule of Investments.

Options: The Fund may purchase and sell put and call options on a security or an index of securities to enhance investment performance and/or to protect against changes in market prices. The Fund may also enter into currency options to hedge against or to take advantage of currency fluctuations.

A call option gives the holder the right to purchase, and obligates the writer to sell, a security at the strike price at any time before the expiration date. A put option gives the holder the right to sell, and obligates the writer to buy, a security at the exercise price at any time before the expiration date. A Fund may purchase put options to protect portfolio holdings against a decline in market value of a security or securities held by it. A Fund may also purchase a put option hoping to profit from an anticipated decline in the value of the underlying security. If a Fund holds the security underlying the option, the option premium and any transaction costs will reduce any profit the Fund might have realized had it sold the underlying security instead of buying the put option. A Fund may purchase call options to hedge against an increase in the price of securities that the Fund ultimately wants to buy. A Fund may also purchase a call option as a long directional investment hoping to profit from an anticipated increase in the value of the underlying security. In order for a call option to be profitable, the market price of the underlying security must rise sufficiently above the exercise price to cover the premium and transaction costs. These costs will reduce any profit a Fund might have realized had it bought the underlying security at the time it purchased the call option.

Purchasing foreign currency options gives a Fund the right, but not the obligation, to buy or sell specified amounts of currency at a rate of exchange that may be exercised by a certain date. These currency options may be used as a short or long hedge against possible variations in foreign exchange rates or to gain exposure to foreign currencies.

When a Fund purchases an option, it runs the risk that it will lose its entire investment in the option in a relatively short period of time, unless the Fund exercises the option or enters into a closing sale transaction before the option’s expiration. If the price of the underlying security does not rise (in the case of a call) or fall (in the case of a put) to an extent sufficient to cover the option premium and transaction costs, the Fund will lose part or all of its investment in the option. Premiums paid for purchasing options that expire are treated as realized losses.

Options purchased or sold by a Fund may be traded on a securities or options exchange. Such options typically have minimal exposure to counterparty risk. However, an exchange or market may at times find it necessary to impose restrictions on particular types of options transactions, such as opening transactions. If an underlying security ceases to meet qualifications imposed by an exchange or the Options Clearing Corporation, new series of options on that security will no longer be opened to replace the expiring series, and opening transactions in existing series may be prohibited.

OTC options are options not traded on exchanges or backed by clearinghouses. Rather, they are entered into directly between a Fund and the counterparty to the option. In the case of an OTC option purchased by a Fund, the value of the option to the Fund will depend on the willingness and ability of the option writer to perform its obligations to the Fund. In addition, OTC options may not be transferable and there may be little or no secondary market for them, so they may be considered illiquid. It may not be possible to enter into closing transactions with respect to OTC options or otherwise to terminate such options, and as a result a Fund may be required to remain obligated on an unfavorable OTC option until its expiration. During the period ended September 30, 2022, the Fund entered into written option contracts to gain exposure to the equity market.

Swap Agreements: The Fund may enter into swap agreements. Swap agreements are typically two-party contracts entered into primarily by institutional investors. In a standard “swap” transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments, which may be adjusted for an interest factor. The gross returns to be exchanged or “swapped” between the parties are generally calculated with respect to a “notional amount” (i.e., the return on or increase in value of a particular dollar amount invested at a particular interest rate or in a “basket” of securities representing a particular index).

In a total return swap, one party typically agrees to pay to the other a short-term interest rate in return for a payment at one or more times in the future based on the increase in the value of an underlying security or other asset, or index of securities or assets; if the underlying security, asset, or index declines in value, the party that pays the short-term interest rate must also pay to its counterparty a payment based on the amount of the decline. The Fund may take either side of such a swap, and so may take a long or short position in the underlying security, asset, or index. The Fund may enter into a total return swap to hedge against an exposure in its portfolio — such as interest rate risk (including to adjust the duration or credit quality of the Fund’s bond portfolio), equity risk, or credit risk — or generally to put cash to work efficiently in the markets in anticipation of, or as a replacement for, cash investments. The Fund may also enter into a total return swap to gain exposure to securities or markets in which it might not be able to invest directly (in so-called market access transactions).

Interest rate swaps are agreements in which one party pays a floating rate of interest on a notional principal amount and receives a fixed rate of interest on the same notional principal amount for a specified period of time. Alternatively, a party may pay a fixed rate and receive a floating rate. In more complex swaps, the notional principal amount may decline (or amortize) over time. The Fund’s maximum risk of loss due to counterparty default is the discounted NAV of the cash flows paid to/received from the counterparty over the interest rate swap’s remaining life.

The Fund may enter into credit default swap transactions as a “buyer” or “seller” of credit protection. In a credit default swap, one party provides what is in effect insurance against a default or other adverse credit event affecting an issuer of debt securities (typically referred to as a “reference entity”). In general, the buyer of credit protection is obligated to pay the protection seller an upfront amount or a periodic stream of payments over the term of the swap. If a “credit event” occurs, the buyer has the right to deliver to the seller bonds (or other obligations of the reference entity with a value up to the full notional value of the swap), and to receive a payment equal to the par value of the bonds or other obligations. Credit events that would trigger a request that the seller make payment are specific to each credit default swap agreement, but generally include bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. When the Fund buys protection, it may or may not own securities of the reference entity. When the Fund sells protection under a credit default swap, the position may have the effect of creating leverage in the Fund’s portfolio through the Fund’s indirect long exposure to the issuer or securities on which the swap is written. When the Fund sells protection, it may do so either to earn additional income or to create such a “synthetic” long position.

Whenever the Fund enters into a swap agreement, it takes on counterparty risk — the risk that its counterparty will be unable or unwilling to meet its obligations under the swap agreement. The Fund also takes the risk that the market will move against its position in the swap agreement. In the case of a total return swap, the swap will change in value depending on the change in value of the asset or index on which the swap is written. When the Fund enters into any type of swap for hedging purposes, it is likely that the Fund will have an asset or liability that will offset any loss (or gain) on the swap, at least in part. Swap agreements may be non-transferable or otherwise highly illiquid, and the Fund may not be able to terminate or transfer a swap agreement at any particular time or at an acceptable price.

During the term of a swap transaction, changes in the value of the swap are recognized as unrealized gains or losses by marking-to-market to reflect the market value of the swap. When the swap is terminated, the Fund will record a realized gain or loss equal to the difference, if any, between the proceeds from (or cost of) the closing transaction and the Fund’s basis in the agreement. Upfront swap premium payments paid or received by the Fund, if any, are recorded within the value of the open swap agreement on the Fund’s Statement of Assets and Liabilities and represent payments paid or received upon entering into the swap agreement to compensate for differences between stated terms of the swap agreement and prevailing market conditions (credit spreads, currency exchange rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on the Fund’s Statement of Operations upon termination or maturity of the swap agreement.

During the term of a swap transaction, the periodic net payments can be made for a set period of time or may be triggered by a predetermined credit event. The net periodic payments may be based on a fixed or variable interest rate, the change in market value of a specified security, basket of securities or index, or the return generated by a security. These periodic payments received or made by the Fund are recorded as realized gains and losses, respectively. During the period ended September 30, 2022, the Fund entered into interest rate swaps to manage duration, the yield curve or interest rate risk by economically hedging the value of the fixed-rate bonds which may decrease when interest rates rise (interest rate risk). Outstanding swap agreements at September 30, 2022 are disclosed in the Schedule of Investments.

Note 2 — Restricted Securities

The Fund is permitted to invest in securities that have legal or contractual restrictions on resale. These securities may be sold privately, but are required to be registered before being sold to the public (exemption rules apply). Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). However, the Fund considers 144A securities to be restricted if those securities have been deemed illiquid. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Restricted securities held by the Fund at September 30, 2022 are listed below:


Issuer Description	Acquisition Date		Acquisition Cost		Aggregate Value		Percentage of Net Assets
GS Mortgage Securities Trust (12-GC6-XB), 1.04%, due 01/10/2045		2/1/2018	$	28,084		61		0.00	%
Intelsat Jackson Holdings, 6.50%, due 3/15/2030		1/27/2022	$	387,706	$	337,922		0.14	%

			$	415,790	$	337,983		0.14	%