TCGSX TCG Strategic Income Fund Insider Trading

Director Tannenbaum purchases 410,677 shares of TCGSX for $4.0M; holdings rise 82.8% to 906,543 shares

TANNENBAUM LEONARD M, a Director, executed a $4,000,000.00 purchase of 410,677 shares at $9.74 on 2026-03-30, increasing his position from 495,865 shares to 906,543 shares—an 82.8% increase in holdings. This represents his fifth consecutive buy at TCGSX over a six-week span (January 9 through March 30, 2026), with no intervening sales. The purchase follows an established pattern: his cross-ticker track record shows 20 prior open-market buys, indicating a consistent propensity to deploy capital in equities. While prior timing outcomes at this ticker remain unmeasurable (all five same-ticker trades are too recent for 90-day assessment), the rapid sequence of accumulation and substantial dollar commitment signal sustained engagement with the fund at current price levels. Investors should monitor whether this multi-week buying pattern reflects opportunistic deployment or a systematic accumulation strategy.

Director Tannenbaum buys 184,804 shares of TCGSX for $1,800,000.00 on 2026-02-09, increasing holdings to 495,865 shares.

Leonard M. Tannenbaum, a Director, purchased 184,804 shares of TCG Strategic Income Fund (TCGSX) at $9.74, bringing his total holdings to 495,865 shares—a 59.4% increase from prior holdings of 311,060 shares. This represents his fifth consecutive buy at this ticker within a 35-day window (2026-01-05 through 2026-02-09), suggesting sustained accumulation rather than a single discretionary decision. However, his cross-ticker track record shows poor timing: 20 prior open-market buys across all tickers averaged -36.6% return over 90 days with a 0% win rate, indicating his past purchases have not materialized into gains. None of his TCGSX prior trades yet have measurable 90-day outcomes, so no pattern of timing success or failure exists at this specific ticker to date.

Director Tannenbaum purchases 19,841 shares of TCGSX at $10.08 for $200,000 on 2026-01-26; fourth buy in 21 days

Director Leonard M. Tannenbaum purchased 19,841 shares of TCG Strategic Income Fund at $10.08 on 2026-01-26, bringing his holdings to 311,060 shares from 291,219 shares. This represents a +6.8% increase in his position and follows three prior purchases at the same ticker within the preceding 21 calendar days (2026-01-05, 2026-01-09, and 2026-01-16). Across his full cross-ticker open-market history, Tannenbaum's 20 prior buys have returned -0.3% over 30 days and -36.8% over 90 days, with a 0.00% win rate at the 90-day mark. The concentration of purchases within this narrow timeframe and the investor's historical pattern of poor buy-side timing suggest this warrant deeper review to establish whether these trades reflect discretionary decision-making or are governed by a 10b5-1 plan.

Director TANNENBAUM LEONARD M buys 98,911 shares of TCGSX for $1,000,000.00 on 2026-01-21, raising holdings 51.4%.

TANNENBAUM purchased 98,911 shares at $10.11, bringing his total position to 291,219 shares, a 51.4% increase from his prior 192,307 shares. This represents a substantial dollar commitment of $1,000,000.00 to the fund in a single transaction. However, context raises caution: across his cross-ticker buy history, TANNENBAUM's prior buys show an average 90-day return of -37.1% with a 0.00% win rate, indicating a poor track record of timing entry points. Additionally, at TCGSX specifically, he has executed three consecutive purchases over a 16-day window (2026-01-05, 2026-01-09, 2026-01-16, and now 2026-01-21), all of which remain unmeasured in outcome, creating a pattern of rapid accumulation into the same position rather than diversification.

Director TANNENBAUM LEONARD M bought 98,619 shares of TCGSX for $1,000,000.00 on 2026-01-16, doubling holdings to 192,307 shares.

TANNENBAUM LEONARD M, a director, purchased 98,619 shares at $10.14, increasing his holdings by 105.3% to a post-transaction total of 192,307 shares. This represents a material $1,000,000.00 commitment to the fund. However, the insider's cross-ticker track record reveals 20 prior open-market buys with an average 90-day return of -36.9% and a 0.00% win rate at the 90-day mark, indicating historically poor timing on equity purchases. At TCGSX specifically, two prior purchases on 2026-01-05 and 2026-01-09 remain unmeasurable in outcome, providing no same-ticker validation of improved judgment. The concentration of three buys in eleven days warrants monitoring of subsequent price action to establish whether this pattern diverges from the insider's historical timing tendencies.

PEO/President McNitt Peter Boyd Jr. buys 4,930 shares of TCGSX at $10.14 for $50,000.00

McNitt Peter Boyd Jr., serving as President and Chief Executive Officer, purchased 4,930 shares of TCG Strategic Income Fund (TCGSX) at $10.14 on 2026-01-16, representing an initial position in this security worth $50,000.00. The transaction appears to be a discretionary, open-market purchase by a senior executive. Without additional context regarding trading patterns, company fundamentals, or fund performance drivers, this represents a routine capital deployment by leadership into a strategic income vehicle.

Director Tannenbaum buys 93,688 TCGSX shares for $950,000.00; cross-ticker record shows 0% 90d win rate on 20 prior buys.

Leonard M. Tannenbaum, a director, purchased 93,688 shares of TCG Strategic Income Fund (TCGSX) at $10.14 on 2026-01-09 for $950,000.00, establishing an initial position in the fund. His cross-ticker track record shows a concerning pattern: across 20 prior open-market buys, his average 90-day return was -37.8% with a 0.00% win rate, indicating that none of those prior purchases were followed by positive 90-day returns. This new TCGSX purchase occurred just four days after a prior buy at the same ticker on 2026-01-05, suggesting rapid sequential investment in the fund despite the poor historical outcomes from his buy activity across other securities. The concentration of capital in a single fund by an insider with a demonstrably unsuccessful prior buying track record merits investor attention.

Director Tannenbaum buys 300 shares of TCGSX at $10.00 (opening position).

Leonard Tannenbaum, a director, initiated a new position in TCG Strategic Income Fund by purchasing 300 shares at $10.00 for a total value of $3,000.00. This represents the insider's first holding in this instrument. However, Tannenbaum's cross-ticker track record shows a concerning pattern: across 20 prior open-market buys, he has averaged -1.9% returns over 30 days and -32.9% returns over 90 days, with a 0.00% win rate over the 90-day period. This historical buying pattern suggests the insider's open-market purchases have not generated positive returns.