DoubleLine Income Solutions Fund Declares Monthly Dividend of $0.11 (NYSE:DSL)

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 16th will be paid a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 12.5%. The ex-dividend date of this dividend is Wednesday, September 16th.

DoubleLine Income Solutions Fund Price Performance

Shares of NYSE:DSL traded down $0.06 during trading on Tuesday, hitting $10.58. The company had a trading volume of 710,548 shares, compared to its average volume of 567,700. DoubleLine Income Solutions Fund has a one year low of $10.49 and a one year high of $12.67. The company has a fifty day simple moving average of $10.77 and a two-hundred day simple moving average of $10.94.

About DoubleLine Income Solutions Fund

The DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company designed to deliver high current income and total return. The fund seeks to achieve its investment objective through monthly distributions of interest and dividend income, with the potential for capital appreciation. It trades on the New York Stock Exchange, offering investors convenient access to a diversified portfolio of fixed-income securities within a single listed vehicle.

The fund’s portfolio typically comprises a multi-sector mix of fixed-income instruments, including corporate bonds, mortgage-backed securities, asset-backed securities, municipal debt and emerging-market bonds.