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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Monday, June 1st. Stockholders of record on Wednesday, June 17th will be given a dividend of 0.11 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date is Wednesday, June 17th.

DoubleLine Income Solutions Fund Stock Performance

Shares of DSL stock traded down $0.10 on Monday, reaching $10.97. The stock had a trading volume of 591,173 shares, compared to its average volume of 597,356. DoubleLine Income Solutions Fund has a 1 year low of $10.49 and a 1 year high of $12.67. The company has a 50 day simple moving average of $10.92 and a 200 day simple moving average of $11.19.

DoubleLine Income Solutions Fund Company Profile

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.