Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
27 January 2012Website:
http://www.doubleline.comNext earnings report:
N/ALast dividends:
14 August 2024Next dividends:
18 September 2024Price
regular market | 8 min agoAnalysts recommendations
Institutional Ownership
Similar companies
DBL Latest News
TAMPA, Fla. , Aug. 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of August 2024.
The Doubleline Opportunistic Credit Fund is a CEF focused on generating current income with a 9.1% forward yield. The fund has had poor historical returns, notably underperforming most underlying fixed income asset classes in 2022. With a 10-year average annual return of only 4.3%, the DBL fund appears to be yet another amortizing 'return of principal' fund from Doubleline that should be avoided.
What type of business is DoubleLine Opportunistic Credit Fund?
DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. DoubleLine Opportunistic Credit Fund was formed on July 22, 2011 and is domiciled in the United States.
What sector is DoubleLine Opportunistic Credit Fund in?
DoubleLine Opportunistic Credit Fund is in the Financial Services sector
What industry is DoubleLine Opportunistic Credit Fund in?
DoubleLine Opportunistic Credit Fund is in the Asset Management industry
What country is DoubleLine Opportunistic Credit Fund from?
DoubleLine Opportunistic Credit Fund is headquartered in United States
When did DoubleLine Opportunistic Credit Fund go public?
DoubleLine Opportunistic Credit Fund initial public offering (IPO) was on 27 January 2012
What is DoubleLine Opportunistic Credit Fund website?
https://www.doubleline.com/opp-credit-fund-overview.php
Is DoubleLine Opportunistic Credit Fund in the S&P 500?
No, DoubleLine Opportunistic Credit Fund is not included in the S&P 500 index
Is DoubleLine Opportunistic Credit Fund in the NASDAQ 100?
No, DoubleLine Opportunistic Credit Fund is not included in the NASDAQ 100 index
Is DoubleLine Opportunistic Credit Fund in the Dow Jones?
No, DoubleLine Opportunistic Credit Fund is not included in the Dow Jones index
When was DoubleLine Opportunistic Credit Fund the previous earnings report?
No data
When does DoubleLine Opportunistic Credit Fund earnings report?
Next earnings report date is not announced yet