Doubleline Opportunistic Credit Fund (NYSE:DBL) announced a monthly dividend on Wednesday, May 1st, NASDAQ reports. Shareholders of record on Thursday, May 16th will be given a dividend of 0.11 per share by the investment management company on Friday, May 31st. This represents a $1.32 dividend on an annualized basis and a yield of 6.56%. The ex-dividend date of this dividend is Wednesday, May 15th.
Doubleline Opportunistic Credit Fund has decreased its dividend by an average of 1.0% per year over the last three years.
NYSE:DBL opened at $20.11 on Friday. Doubleline Opportunistic Credit Fund has a 52 week low of $18.05 and a 52 week high of $21.35.
Doubleline Opportunistic Credit Fund Company Profile
DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S.
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