Welcome to our dedicated page for DOUBLELINE OPPORTUNISTIC CREDIT FUND news (Ticker: DBL), a resource for investors and traders seeking the latest updates and insights on DOUBLELINE OPPORTUNISTIC CREDIT FUND 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.
The DoubleLine Opportunistic Credit Fund (DBL) declared a distribution of $0.11 per share for January 2023. Key dates include the ex-dividend date on January 18, record date on January 19, and payment date on January 31, 2023. The Fund aims to provide high investment returns through current income and potential capital appreciation; however, investments carry risks of principal loss. Distributions may include ordinary income, capital gains, or return of capital, with further tax details provided in early 2024.
The DoubleLine Opportunistic Credit Fund (symbol: DBL) has declared a monthly distribution of $0.11 per share for December 2022. Key dates include:
- Declaration Date: Dec. 1, 2022
- Ex-Dividend Date: Dec. 14, 2022
- Record Date: Dec. 15, 2022
- Payment Date: Dec. 30, 2022
The fund aims for high total returns and current income, but investing carries risks, including principal loss and market volatility.
The DoubleLine Opportunistic Credit Fund (DBL) has announced a distribution of $0.11 per share for November 2022. Key dates include the ex-dividend date of November 16, 2022, record date of November 17, 2022, and payment date of November 30, 2022. This announcement details the distribution's amount and timing, highlighting the potential inclusion of ordinary income, long-term capital gains, or return of capital. The Fund aims for high investment returns through current income and capital appreciation but involves risks of principal loss.
The DoubleLine Opportunistic Credit Fund (DBL) has declared a distribution of $0.11 per share for October 2022, effective as of October 3, 2022. Key dates for the distribution include the ex-dividend date on October 12, 2022, the record date on October 13, 2022, and the payment date on October 31, 2022. This distribution may consist of ordinary income, long-term capital gains, or return of capital, with details to be provided in Form 1099-DIV in early 2023. The Fund aims for high total investment returns through current income and potential capital appreciation.
The DoubleLine Opportunistic Credit Fund (DBL) announced a distribution of $0.11 per share for September 2022. Key dates include the ex-dividend date on September 14, record date on September 15, and payment date on September 30. The Fund aims for high total returns through current income and potential capital appreciation, though there is no guarantee of success. Potential risks include principal loss and investment volatility, particularly in debt securities.
The DoubleLine Opportunistic Credit Fund (DBL) announced a distribution of $0.11 per share for August 2022. Key dates include the ex-dividend date on August 10, 2022, record date on August 11, 2022, and payment date on August 31, 2022. The Fund aims to provide high total investment return through current income and potential capital appreciation. However, investments carry risks, including principal loss. Details regarding the distribution's tax implications will be provided to shareholders in early 2023 via Form 1099-DIV.
The DoubleLine Opportunistic Credit Fund (DBL) announced a distribution of $0.11 per share for July 2022. The ex-dividend date is July 13, 2022, with a record date on July 14, and payment expected on July 29. The Fund aims for high total investment returns through current income and potential capital appreciation, although investments carry risks including principal loss. Distributions may comprise ordinary income, capital gains, or return of capital, with tax character finalized in early 2023 via Form 1099-DIV.
The DoubleLine Opportunistic Credit Fund (DBL) declared a distribution of $0.11 per share for May 2022. This decision was made public on May 2, 2022, with the ex-dividend date set for May 11, 2022, the record date for May 12, 2022, and payment scheduled for May 31, 2022. The distribution may include ordinary income, long-term capital gains, or return of capital, with tax character determined at the end of the taxable year. The Fund aims for high total investment returns but carries risks of principal loss.
The DoubleLine Opportunistic Credit Fund (DBL) announced a monthly distribution of $0.11 per share for April 2022. The declaration date is April 1, 2022, with the ex-dividend date set for April 13, 2022, and the record date April 14, 2022. Payments will be distributed on April 29, 2022. The fund aims for high returns through current income and potential capital appreciation, but investing involves risks, including potential principal loss.
The DoubleLine Opportunistic Credit Fund (DBL) declared a monthly distribution of $0.11 per share for March 2022. Key dates include the ex-dividend date on March 16, 2022, the record date on March 17, 2022, and the payment date on March 31, 2022. This distribution may include ordinary income, long-term capital gains, or return of capital. Investors can expect a Form 1099-DIV in early 2023 for tax reporting. The Fund seeks high total investment return, though risks of principal loss exist.
FAQ
What is the current stock price of DOUBLELINE OPPORTUNISTIC CREDIT FUND (DBL)?
What is the market cap of DOUBLELINE OPPORTUNISTIC CREDIT FUND (DBL)?
What is the DoubleLine Opportunistic Credit Fund?
How often does the DoubleLine Opportunistic Credit Fund distribute dividends?
What types of securities does the DoubleLine Opportunistic Credit Fund invest in?
Who manages the DoubleLine Opportunistic Credit Fund?
What are the risks associated with investing in the DoubleLine Opportunistic Credit Fund?
Can the distributions from the DoubleLine Opportunistic Credit Fund include a return of capital?
How can I obtain more information about the DoubleLine Opportunistic Credit Fund?
What is the investment objective of the DoubleLine Opportunistic Credit Fund?
Is past performance a guarantee of future results for the DoubleLine Opportunistic Credit Fund?
How can media inquiries be directed to DoubleLine Capital?
