Doubleline Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Monday, October 2nd, NASDAQ reports. Investors of record on Thursday, October 12th will be paid a dividend of 0.167 per share by the investment management company on Tuesday, October 31st. This represents a $2.00 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend is Wednesday, October 11th.
Shares of Doubleline Opportunistic Credit Fund (NYSE DBL) opened at 23.25 on Thursday. Doubleline Opportunistic Credit Fund has a 1-year low of $22.52 and a 1-year high of $26.09. The company’s 50-day moving average is $24.00 and its 200 day moving average is $24.56.
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Doubleline Opportunistic Credit Fund Company Profile
DoubleLine Opportunistic Credit Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments.