DoubleLine Income Solutions Fund (DSL) To Go Ex-Dividend on March 18th

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Wednesday, March 18th will be paid a dividend of 0.11 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend is Wednesday, March 18th.

DoubleLine Income Solutions Fund Stock Down 1.0%

Shares of DSL opened at $11.31 on Wednesday. The business has a 50-day simple moving average of $11.39 and a two-hundred day simple moving average of $11.70. DoubleLine Income Solutions Fund has a 12-month low of $10.58 and a 12-month high of $12.82.

Hedge Funds Weigh In On DoubleLine Income Solutions Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC lifted its holdings in shares of DoubleLine Income Solutions Fund by 34.9% during the first quarter. Integrated Wealth Concepts LLC now owns 46,365 shares of the company’s stock worth $585,000 after purchasing an additional 12,007 shares during the period. Jane Street Group LLC grew its holdings in DoubleLine Income Solutions Fund by 128.3% in the first quarter. Jane Street Group LLC now owns 37,564 shares of the company’s stock worth $474,000 after purchasing an additional 21,111 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of DoubleLine Income Solutions Fund by 27.0% during the second quarter. Envestnet Asset Management Inc. now owns 47,595 shares of the company’s stock valued at $583,000 after purchasing an additional 10,125 shares during the period. Kovack Advisors Inc. raised its holdings in shares of DoubleLine Income Solutions Fund by 16.6% during the second quarter. Kovack Advisors Inc. now owns 15,700 shares of the company’s stock valued at $192,000 after purchasing an additional 2,240 shares during the period. Finally, Penserra Capital Management LLC boosted its position in shares of DoubleLine Income Solutions Fund by 3.0% during the 2nd quarter. Penserra Capital Management LLC now owns 444,190 shares of the company’s stock worth $5,436,000 after purchasing an additional 13,108 shares in the last quarter.

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.