DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Friday, May 1st. Shareholders of record on Wednesday, May 13th will be given a dividend of 0.11 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Wednesday, May 13th.
DoubleLine Opportunistic Credit Fund Price Performance
NYSE:DBL opened at $14.56 on Monday. The business’s 50-day moving average is $14.51 and its two-hundred day moving average is $15.00. DoubleLine Opportunistic Credit Fund has a 12 month low of $14.07 and a 12 month high of $16.01.
DoubleLine Opportunistic Credit Fund Company Profile
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.
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