Doubleline Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Thursday, January 2nd, Zacks reports. Stockholders of record on Thursday, January 16th will be given a dividend of 0.11 per share by the investment management company on Friday, January 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date of this dividend is Wednesday, January 15th.
Doubleline Opportunistic Credit Fund has decreased its dividend payment by an average of 13.0% annually over the last three years.
NYSE DBL opened at $20.76 on Monday. The business’s fifty day moving average is $20.60 and its 200 day moving average is $20.69. Doubleline Opportunistic Credit Fund has a fifty-two week low of $19.20 and a fifty-two week high of $21.30.
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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