DoubleLine Income Solutions Fund (NYSE:DSL) Declares $0.11 Monthly Dividend

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.11 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date is Wednesday, July 15th.

DoubleLine Income Solutions Fund Price Performance

Shares of DSL traded down $0.07 during mid-day trading on Wednesday, hitting $10.99. 464,365 shares of the company traded hands, compared to its average volume of 572,646. DoubleLine Income Solutions Fund has a one year low of $10.49 and a one year high of $12.67. The business has a 50-day moving average of $10.94 and a 200 day moving average of $11.12.

About DoubleLine Income Solutions Fund

The DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company designed to deliver high current income and total return. The fund seeks to achieve its investment objective through monthly distributions of interest and dividend income, with the potential for capital appreciation. It trades on the New York Stock Exchange, offering investors convenient access to a diversified portfolio of fixed-income securities within a single listed vehicle.

The fund’s portfolio typically comprises a multi-sector mix of fixed-income instruments, including corporate bonds, mortgage-backed securities, asset-backed securities, municipal debt and emerging-market bonds.