Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
26 April 2013Website:
http://www.doublelinefunds.comNext earnings report:
N/ALast dividends:
14 August 2024Next dividends:
18 September 2024Price
regular market | 8 min agoAnalysts recommendations
Institutional Ownership
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DSL Latest News
The DoubleLine Income Solutions Fund offers a 10.21% yield, appealing for income-seeking investors, but is best held in tax-advantaged accounts due to high taxes on bond interest. The fund's performance has lagged peers, delivering a 12.89% total return over five years, making it difficult to understand its popularity. Long-term bonds appear to be offering a very poor tax and inflation-adjusted yield, which makes it difficult to make a case for buying bonds today.
TAMPA, Fla. , Sept. 3, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of September 2024.
TAMPA, Fla. , July 1, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of July 2024.
DSL is a closed-end fund that continues to trade at a slight premium; while a premium isn't unheard of, it also means it is no bargain today. In the latest report, the NII distribution coverage was declining, which isn't an encouraging sign. The portfolio is heavily invested in emerging markets, which carries some unique risks, but the portfolio also trades substantially below par.
TAMPA, Fla. , June 3, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of June 2024.
DSL: Attractive Distribution With Good Prospects But Around Fair Value
Closed-end funds are currently trading at deep discounts to their net asset values. DoubleLine Income Solutions Fund rarely trades at a deep discount, making it a less frequent investment opportunity.
The DoubleLine Income Solutions Fund offers a competitive yield of 11.54% compared to other similar funds. The DSL closed-end fund's performance has been underwhelming, with a 5.22% decline in share price since the last article on it was published. The fund's high exposure to foreign markets provides diversification, but also makes it difficult to predict its future performance.
DoubleLine Income Solutions Fund offers a high level of current income with a 10.95% distribution yield. The fund's price has remained remarkably stable, in direct contradiction to the American bond market. The fund has significant exposure to non-American issuers, providing valuable international diversification for investors.
DSL: Fully Covered Distribution But Amortizing NAV; Avoid
What type of business is DoubleLine Income Solutions Fund?
DoubleLine Funds - DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises. DoubleLine Funds - DoubleLine Income Solutions Fund is domiciled in the United States.
What sector is DoubleLine Income Solutions Fund in?
DoubleLine Income Solutions Fund is in the Financial Services sector
What industry is DoubleLine Income Solutions Fund in?
DoubleLine Income Solutions Fund is in the Asset Management industry
What country is DoubleLine Income Solutions Fund from?
DoubleLine Income Solutions Fund is headquartered in United States
When did DoubleLine Income Solutions Fund go public?
DoubleLine Income Solutions Fund initial public offering (IPO) was on 26 April 2013
What is DoubleLine Income Solutions Fund website?
https://www.doublelinefunds.com/closed_end_funds/income_solutions/overview.html
Is DoubleLine Income Solutions Fund in the S&P 500?
No, DoubleLine Income Solutions Fund is not included in the S&P 500 index
Is DoubleLine Income Solutions Fund in the NASDAQ 100?
No, DoubleLine Income Solutions Fund is not included in the NASDAQ 100 index
Is DoubleLine Income Solutions Fund in the Dow Jones?
No, DoubleLine Income Solutions Fund is not included in the Dow Jones index
When was DoubleLine Income Solutions Fund the previous earnings report?
No data
When does DoubleLine Income Solutions Fund earnings report?
Next earnings report date is not announced yet