Welcome to our dedicated page for Doubleline Opportunistic Credit news (Ticker: DBL), a resource for investors and traders seeking the latest updates and insights on Doubleline Opportunistic Credit stock.
DoubleLine Opportunistic Credit Fund (DBL) is a diversified, closed-end management investment company under the ticker symbol DBL on the New York Stock Exchange. Established to provide a high total investment return, the Fund aims to deliver a high level of current income coupled with the potential for capital appreciation.
Managed by DoubleLine Capital LP, a renowned and independent money management firm founded in 2009, the Fund benefits from a deeply experienced team of portfolio managers. These professionals employ active risk management strategies, in-depth research, and innovative product solutions to optimize returns. DoubleLine Capital's commitment to excellence and meticulous investment processes have positioned DBL as a compelling choice for investors seeking diversified income.
The Fund's investment strategy centers around a broad range of debt securities, including asset-backed and mortgage-backed securities. It also involves corporate bonds, government securities, and other credit instruments. This diversified approach enables the Fund to capitalize on various market conditions and opportunities while managing associated risks effectively.
Recent announcements highlight DoubleLine Opportunistic Credit Fund’s consistent monthly distributions of $0.11 per share, reflecting its commitment to providing shareholders with regular income. For instance, distributions were declared for July, August, September, October, and November 2023. These payouts might comprise ordinary income, long-term capital gains, or return of capital, based on the Fund's performance over the taxable year.
In terms of risk, the Fund’s investments in debt securities typically decline in value when interest rates rise; this risk is usually more significant for longer-term debt securities. Additionally, investments in asset-backed and mortgage-backed securities come with extra risks, such as credit risk, prepayment risk, potential illiquidity, and default.
It is essential to note that past performance is not a guarantee of future results, and investing in the Fund involves the risk of principal loss. Shares of closed-end investment companies like the DBL Fund often trade at a discount to their net asset value, which might heighten the risk for investors planning to sell their shares shortly after purchasing them.
The Fund also diversifies into other asset classes and investments, including real estate investment trusts (REITs), credit default swaps, short sales, derivatives, and smaller companies, which bring additional risks. Furthermore, the Fund’s investment in foreign securities introduces added volatility and political, economic, and currency risks, particularly in emerging markets.
For more detailed information about the DoubleLine Opportunistic Credit Fund, including its investment strategies, risks, charges, and expenses, investors are encouraged to review the Fund's Annual Report available at DoubleLine's website or contact their customer service. A thorough understanding of the Fund’s objectives and the associated risks is crucial before making any investment decisions.
DoubleLine Opportunistic Credit Fund (DBL) has announced its monthly distribution for April 2025, declaring a payment of $0.11 per share. The distribution schedule includes the following key dates:
- Declaration Date: April 1, 2025
- Ex-Dividend Date: April 16, 2025
- Record Date: April 16, 2025
- Payment Date: April 30, 2025
The Fund notes that distributions may include ordinary income, long-term capital gains, or return of capital, with final tax characteristics to be determined at the end of the taxable year. Shareholders will receive Form 1099-DIV in early 2026 for tax reporting purposes.
DoubleLine Opportunistic Credit Fund (DBL) has announced its March 2025 distribution, declaring $0.11 per share for shareholders. The distribution details were released on March 3, 2025, in Tampa, Florida.
The Fund's Board of Trustees will establish specific dates for the ex-dividend, record, and payment of this distribution. While this announcement confirms the distribution amount, shareholders should note that these distributions may include various components such as ordinary income, long-term capital gains, or return of capital.
The final tax characteristics and distributable income details will be determined at the end of the taxable year. Shareholders will receive Form 1099-DIV in early 2026, which will provide comprehensive information for tax reporting purposes.
The DoubleLine Opportunistic Credit Fund (DBL) has announced its February 2025 distribution of $0.11 per share. The Fund's Board of Trustees has established the following schedule:
- Declaration Date: Monday, February 3, 2025
- Ex-Dividend Date: Wednesday, February 19, 2025
- Record Date: Wednesday, February 19, 2025
- Payment Date: Friday, February 28, 2025
The Fund notes that distributions may include ordinary income, long-term capital gains, or return of capital. The final tax characteristics will be determined at the end of the taxable year, with shareholders receiving Form 1099-DIV in early 2026 for tax reporting purposes.
The DoubleLine Opportunistic Credit Fund (DBL) has announced its January 2025 distribution schedule. The Fund, which trades on the New York Stock Exchange, will distribute $0.11 per share for January 2025.
The distribution schedule is as follows:
- Declaration Date: Thursday, January 2, 2025
- Ex-Dividend Date: Wednesday, January 15, 2025
- Record Date: Wednesday, January 15, 2025
- Payment Date: Friday, January 31, 2025
The Fund notes that distributions may include ordinary income, long-term capital gains, or return of capital. The final tax characteristics of these distributions will be determined at the end of the taxable year, with shareholders receiving Form 1099-DIV in early 2026 for tax reporting purposes.
The DoubleLine Opportunistic Credit Fund (DBL) has announced its December 2024 distribution of $0.11 per share. The distribution schedule includes the following key dates: declaration on Monday, December 2, 2024; ex-dividend and record date on Wednesday, December 18, 2024; and payment date on Tuesday, December 31, 2024.
The Fund notes that distributions may include ordinary income, long-term capital gains, or return of capital. The final tax characteristics will be determined at the end of the taxable year, with shareholders receiving Form 1099-DIV in early 2025 for tax reporting purposes.
The DoubleLine Opportunistic Credit Fund (DBL) has announced its monthly distribution for November 2024. The Fund's Board of Trustees has declared a distribution of $0.11 per share, with key dates as follows: declaration on November 1, ex-dividend and record date on November 13, and payment date on November 29, 2024.
The distribution may include ordinary income, long-term capital gains, or return of capital, with final tax characteristics to be determined at the end of the taxable year. Shareholders will receive Form 1099-DIV in early 2025 for tax reporting purposes.
The DoubleLine Opportunistic Credit Fund (DBL) has announced its September 2024 distribution of $0.11 per share. The Fund, traded on the New York Stock Exchange, set the following dates for the distribution:
- Declaration: Tuesday, Sept. 3, 2024
- Ex-Dividend: Wednesday, Sept. 18, 2024
- Record: Wednesday, Sept. 18, 2024
- Payment: Monday, Sept. 30, 2024
The Fund clarifies that this announcement is not for tax reporting purposes. The exact nature of the distributions, including potential ordinary income, long-term capital gains, or return of capital, will be determined at the end of the taxable year. Shareholders will receive a Form 1099-DIV in early 2025 detailing the tax characteristics of the distributions for reporting purposes.
The DoubleLine Opportunistic Credit Fund, traded on the NYSE under the symbol DBL, declared a distribution of $0.11 per share for July 2024. Key dates are as follows: declaration date on July 1, 2024; ex-dividend and record date on July 17, 2024; and payment date on July 31, 2024. The distributions may include ordinary income, long-term capital gains, or return of capital, which will be detailed on a Form 1099-DIV sent to shareholders in early 2025 for tax reporting purposes.
The DoubleLine Opportunistic Credit Fund, traded on the NYSE under the symbol DBL, has declared a distribution of $0.11 per share for June 2024.
Key dates include:
- Declaration: June 3, 2024
- Ex-Dividend & Record: June 12, 2024
- Payment: June 28, 2024
This distribution may comprise ordinary income, long-term capital gains, or return of capital. Final tax characteristics will be provided in Form 1099-DIV in early 2025.
The DoubleLine Opportunistic Credit Fund declared a distribution of $0.11 per share for May 2024. The distribution dates were set by the Fund's Board of Trustees. Shareholders will receive a Form 1099-DIV in early 2025 for tax reporting.
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