Doubleline Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Thursday, March 1st, Zacks reports. Shareholders of record on Thursday, March 15th will be paid a dividend of 0.167 per share by the investment management company on Thursday, March 29th. This represents a $2.00 dividend on an annualized basis and a yield of 9.21%. The ex-dividend date of this dividend is Wednesday, March 14th.
Shares of Doubleline Opportunistic Credit Fund (NYSE DBL) traded down $0.27 during trading hours on Friday, reaching $21.77. The company’s stock had a trading volume of 44,092 shares, compared to its average volume of 89,019. Doubleline Opportunistic Credit Fund has a 1-year low of $21.15 and a 1-year high of $26.09.
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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.
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