DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Wednesday, March 18th will be paid a dividend of 0.11 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Wednesday, March 18th.
DoubleLine Opportunistic Credit Fund Stock Performance
Shares of DBL opened at $14.85 on Wednesday. The company’s fifty day simple moving average is $15.13 and its 200 day simple moving average is $15.34. DoubleLine Opportunistic Credit Fund has a 1-year low of $14.49 and a 1-year 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.
Featured Stories
- Five stocks we like better than DoubleLine Opportunistic Credit Fund
- New Copper-Rich “Kraken” Zone Discovered
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Silver’s squeeze is tightening – opportunity forming
- Trump’s NEW Executive Order – BIG Changes Coming to Retirement Accounts
Receive News & Ratings for DoubleLine Opportunistic Credit Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Opportunistic Credit Fund and related companies with MarketBeat.com's FREE daily email newsletter.
