DoubleLine Opportunistic Credit Fund (NYSE:DBL) Shareholders to Collect $0.11 Monthly Dividend

DoubleLine Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.11 per share by the investment management company on Monday, November 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Wednesday, November 18th.

DoubleLine Opportunistic Credit Fund Stock Down 0.4%

NYSE:DBL traded down $0.06 during trading hours on Monday, hitting $13.52. 357,559 shares of the company’s stock traded hands, compared to its average volume of 80,147. The stock’s fifty day moving average price is $13.75 and its two-hundred day moving average price is $14.32. DoubleLine Opportunistic Credit Fund has a twelve month low of $12.94 and a twelve month high of $15.57.

DoubleLine Opportunistic Credit Fund Company Profile

DoubleLine Opportunistic Credit Fund (NYSE: DBL) is a closed-end management investment company advised by DoubleLine Capital LP. The fund seeks to provide investors with current income and long-term total return by investing in a diversified portfolio of credit-related fixed-income securities.

The fund may invest across a range of opportunistic credit markets, including corporate bonds and loans, mortgage- and asset-backed securities, structured credit, and other debt instruments. Its portfolio can include securities issued by U.S.