DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Monday, August 3rd. Investors of record on Wednesday, August 19th will be paid a dividend of 0.11 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Wednesday, August 19th.
DoubleLine Opportunistic Credit Fund Stock Up 0.4%
DBL stock opened at $14.10 on Tuesday. The company has a fifty day moving average price of $14.27 and a 200-day moving average price of $14.54. DoubleLine Opportunistic Credit Fund has a 52-week low of $13.95 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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