DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Monday, June 1st. Shareholders of record on Wednesday, June 17th will be paid a dividend of 0.11 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Wednesday, June 17th.
DoubleLine Opportunistic Credit Fund Price Performance
Shares of NYSE DBL opened at $14.44 on Monday. The business has a 50 day simple moving average of $14.39 and a 200 day simple moving average of $14.81. DoubleLine Opportunistic Credit Fund has a 52 week low of $14.07 and a 52 week 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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