DoubleLine Opportunistic Credit Fund (DBL) to Issue Monthly Dividend of $0.11 on October 31st

DoubleLine Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Wednesday, October 1st. Shareholders of record on Wednesday, October 15th will be paid a dividend of 0.11 per share by the investment management company on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Wednesday, October 15th.

DoubleLine Opportunistic Credit Fund Trading Down 0.4%

Shares of NYSE:DBL opened at $15.54 on Monday. DoubleLine Opportunistic Credit Fund has a twelve month low of $14.49 and a twelve month high of $16.01. The company has a 50-day moving average price of $15.49 and a two-hundred day moving average price of $15.44.

About DoubleLine Opportunistic Credit Fund

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.