DoubleLine Opportunistic Credit Fund (DBL) to Issue Monthly Dividend of $0.11 on June 28th

DoubleLine Opportunistic Credit Fund (NYSE:DBLGet Free Report) declared a monthly dividend on Monday, June 3rd, Zacks reports. Stockholders of record on Wednesday, June 12th will be paid a dividend of 0.11 per share by the investment management company on Friday, June 28th. This represents a $1.32 annualized dividend and a dividend yield of 8.75%. The ex-dividend date is Wednesday, June 12th.

DoubleLine Opportunistic Credit Fund Stock Performance

Shares of NYSE:DBL opened at $15.09 on Wednesday. DoubleLine Opportunistic Credit Fund has a 52-week low of $13.75 and a 52-week high of $15.70. The business has a 50-day moving average price of $15.06 and a 200-day moving average price of $15.14.

DoubleLine Opportunistic Credit Fund Company Profile

(Get Free Report)

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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Dividend History for DoubleLine Opportunistic Credit Fund (NYSE:DBL)

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