Somewhat Positive News Coverage Somewhat Unlikely to Impact Doubleline Opportunistic Credit Fund (DBL) Share Price
Media stories about Doubleline Opportunistic Credit Fund (NYSE:DBL) have trended somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Doubleline Opportunistic Credit Fund earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 47.5843293165647 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Doubleline Opportunistic Credit Fund (NYSE DBL) opened at $22.20 on Wednesday. Doubleline Opportunistic Credit Fund has a twelve month low of $22.01 and a twelve month high of $26.09.
The company also recently declared a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, December 14th will be issued a $0.167 dividend. The ex-dividend date is Wednesday, December 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.03%.
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About Doubleline Opportunistic Credit Fund
DoubleLine Opportunistic Credit Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments.
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