DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.11 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Wednesday, July 15th.
DoubleLine Opportunistic Credit Fund Stock Performance
DBL opened at $14.29 on Monday. DoubleLine Opportunistic Credit Fund has a 12 month low of $14.07 and a 12 month high of $16.01. The company has a fifty day simple moving average of $14.36 and a 200 day simple moving average of $14.67.
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.
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