DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Investors of record on Wednesday, September 16th will be given a dividend of 0.11 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, September 16th.
DoubleLine Opportunistic Credit Fund Stock Down 0.3%
Shares of DBL opened at $14.09 on Wednesday. DoubleLine Opportunistic Credit Fund has a 1-year low of $13.95 and a 1-year high of $16.01. The firm’s 50 day simple moving average is $14.18 and its 200 day simple moving average is $14.39.
About DoubleLine Opportunistic Credit Fund
DoubleLine Opportunistic Credit Fund (NYSE: DBL) is a closed-end management investment company designed to seek high current income by investing across a broad spectrum of credit instruments. The fund pursues an opportunistic strategy, allocating capital to non-investment-grade debt obligations, leveraged loans, high-yield bonds, structured credit products and other credit-related securities. As part of its flexible mandate, the fund may employ derivatives and repurchase agreements to hedge risk, manage duration and enhance yield.
Featured Stories
- Five stocks we like better than DoubleLine Opportunistic Credit Fund
- What Does Apple’s TV Price Hike Say About Where the Stock Is Heading?
- Will the Most Successful Quantum Firms Be Software Companies?
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
Receive News & Ratings for DoubleLine Opportunistic Credit Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Opportunistic Credit Fund and related companies with MarketBeat.com's FREE daily email newsletter.
