Doubleline Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Thursday, December 13th will be given a dividend of 0.11 per share by the investment management company on Monday, December 31st. This represents a $1.32 annualized dividend and a yield of 7.08%. The ex-dividend date of this dividend is Wednesday, December 12th.
NYSE:DBL opened at $18.65 on Friday. Doubleline Opportunistic Credit Fund has a fifty-two week low of $18.14 and a fifty-two week high of $22.83.
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DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S.
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