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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.11 per share on Friday, October 30th. This represents a $1.32 annualized dividend and a yield of 13.2%. The ex-dividend date is Wednesday, October 14th.

DoubleLine Income Solutions Fund Stock Performance

NYSE:DSL traded down $0.01 during mid-day trading on Thursday, hitting $9.98. 819,611 shares of the company’s stock traded hands, compared to its average volume of 585,084. The firm’s 50 day simple moving average is $10.50 and its 200 day simple moving average is $10.77. DoubleLine Income Solutions Fund has a 1 year low of $9.83 and a 1 year high of $12.37.

Institutional Investors Weigh In On DoubleLine Income Solutions Fund

A number of institutional investors and hedge funds have recently bought and sold shares of DSL. CoreCap Advisors LLC acquired a new stake in DoubleLine Income Solutions Fund during the 2nd quarter valued at $28,000. Allworth Financial LP acquired a new position in shares of DoubleLine Income Solutions Fund in the second quarter worth $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of DoubleLine Income Solutions Fund in the second quarter worth $67,000. Pinnacle Family Advisors LLC purchased a new stake in shares of DoubleLine Income Solutions Fund in the second quarter valued at $119,000. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of DoubleLine Income Solutions Fund during the first quarter valued at $124,000.

DoubleLine Income Solutions Fund Company Profile

DoubleLine Income Solutions Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol DSL. The fund seeks to provide a high level of current income while also pursuing total return through investments in a diversified portfolio of fixed-income securities.

The fund may invest across global credit markets, including corporate bonds, emerging-market debt, mortgage- and asset-backed securities, government and sovereign obligations, bank loans, and other income-producing instruments.