DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Wednesday, August 19th will be given a dividend of 0.11 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date is Wednesday, August 19th.
DoubleLine Opportunistic Credit Fund Stock Up 0.1%
Shares of DBL opened at $14.21 on Monday. The stock has a 50 day moving average of $14.24 and a 200 day moving average of $14.48. DoubleLine Opportunistic Credit Fund has a 12 month low of $13.95 and a 12 month high of $16.01.
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.
Further Reading
- Five stocks we like better than DoubleLine Opportunistic Credit Fund
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
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.
