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

DoubleLine Income Solutions Fund (NYSE:DSLGet Free Report) declared a monthly dividend on Monday, June 1st. Investors of record on Wednesday, June 17th will be given a dividend of 0.11 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date of this dividend is Wednesday, June 17th.

DoubleLine Income Solutions Fund Price Performance

NYSE DSL traded down $0.10 on Monday, hitting $10.97. 591,173 shares of the company traded hands, compared to its average volume of 597,356. The business’s 50 day moving average price is $10.92 and its 200-day moving average price is $11.19. DoubleLine Income Solutions Fund has a 52-week low of $10.49 and a 52-week high of $12.67.

Hedge Funds Weigh In On DoubleLine Income Solutions Fund

Large investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in shares of DoubleLine Income Solutions Fund in the third quarter valued at about $86,000. Blue Trust Inc. purchased a new position in shares of DoubleLine Income Solutions Fund in the fourth quarter valued at about $89,000. Transcend Capital Advisors LLC purchased a new position in shares of DoubleLine Income Solutions Fund in the fourth quarter valued at about $120,000. CIBC Bancorp USA Inc. purchased a new position in shares of DoubleLine Income Solutions Fund in the third quarter valued at about $123,000. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of DoubleLine Income Solutions Fund in the first quarter valued at about $124,000.

About DoubleLine Income Solutions Fund

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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.

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Dividend History for DoubleLine Income Solutions Fund (NYSE:DSL)

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