DoubleLine Opportunistic Credit Fund (NYSE:DBL – Get Free Report) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Wednesday, January 14th will be paid a dividend of 0.11 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, January 14th.
DoubleLine Opportunistic Credit Fund Trading Up 0.1%
Shares of NYSE:DBL opened at $15.29 on Monday. The stock has a fifty day moving average of $15.32 and a 200-day moving average of $15.39. DoubleLine Opportunistic Credit Fund has a one year low of $14.49 and a one year high of $16.01.
About DoubleLine Opportunistic Credit Fund
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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