DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Wednesday, February 19th will be paid a dividend of 0.11 per share by the investment management company on Friday, February 28th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.35%. The ex-dividend date of this dividend is Wednesday, February 19th.
DoubleLine Opportunistic Credit Fund has decreased its dividend by an average of 0.7% annually over the last three years.
DoubleLine Opportunistic Credit Fund Trading Up 0.4 %
DBL stock traded up $0.06 during trading hours on Tuesday, hitting $15.80. 52,230 shares of the stock traded hands, compared to its average volume of 60,047. DoubleLine Opportunistic Credit Fund has a one year low of $14.49 and a one year high of $16.25. The stock has a 50-day simple moving average of $15.55 and a 200 day simple moving average of $15.62.
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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