DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.11 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, September 16th.
DoubleLine Opportunistic Credit Fund Stock Up 0.2%
Shares of NYSE:DBL opened at $14.08 on Monday. The firm’s 50 day simple moving average is $14.15 and its 200-day simple moving average is $14.34. DoubleLine Opportunistic Credit Fund has a one year low of $13.95 and a one year high of $15.79.
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.
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