DoubleLine Opportunistic Credit Fund (NYSE:DBL) Declares Monthly Dividend of $0.11

Posted by Adam Masters on Nov 12th, 2024

DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Shareholders of record on Wednesday, November 13th will be paid a dividend of 0.11 per share by the investment management company on Friday, November 29th. This represents a $1.32 annualized dividend and a yield of 8.47%. The ex-dividend date is Wednesday, November 13th.

DoubleLine Opportunistic Credit Fund Trading Down 0.2 %

Shares of NYSE:DBL opened at $15.58 on Tuesday. DoubleLine Opportunistic Credit Fund has a 52 week low of $14.14 and a 52 week high of $16.25. The firm’s fifty day moving average is $15.70 and its 200-day moving average is $15.48.

About DoubleLine Opportunistic Credit Fund

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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.