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DOUBLELINE INCOME SOLUTIONS FUND - DSL STOCK NEWS

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DoubleLine Income Solutions Fund (DSL) is a closed-end fund managed by DoubleLine Capital LP. The fund primarily aims to deliver high income to its investors while its secondary objective is capital appreciation. DSL invests across a diverse range of securities including money market funds, foreign corporate bonds, U.S. corporate bonds, bank loans, collateralized loan obligations, and municipal bonds.

The fund's portfolio spans various sectors such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, Leisure, and more. This diversification allows DSL to mitigate risk and seize opportunities across different economic cycles.

DoubleLine Capital, the investment adviser behind DSL, is known for its robust financial management and strategic investment approaches. The firm has recently reinforced its team with the addition of Rudy Garza, CFA, as a Relationship Manager to expand its institutional client base in the Western United States. Garza brings a wealth of experience in business development and institutional investor relations from reputable firms like Polar Capital and PIMCO.

Additionally, DoubleLine's latest research led by Robert Cohen, Director of Global Developed Credit, and Product Specialist Colin Callahan, suggests a promising outlook for investment-grade corporate credit. Their findings indicate that the yield, duration, and credit quality metrics currently present a unique opportunity to build high-quality portfolios with potentially high single-digit returns and limited downside risk.

DoubleLine also emphasizes diversification in equity investments. Portfolio Managers Samuel Lau and Jeff Mayberry advocate for moving away from market-cap-weighted strategies, particularly given the current dominance of a few large stocks in the S&P 500. They recommend the DoubleLine Shiller Enhanced CAPE mutual fund, the DoubleLine Shiller CAPE U.S. Equities ETF, and the DoubleLine Fortune 500 Equal Weight ETF as alternatives to traditional equity investment strategies.

DoubleLine Capital offers a wealth of financial products and has built a solid reputation for its innovative and effective investment strategies. For media inquiries or more information, DoubleLine's offices can be contacted by telephone at (813) 791-7333 or via email at info@doubleline.com.

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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.

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The DoubleLine Yield Opportunities Fund (symbol: DLY) has announced a distribution of $0.1167 per share for September 2022. Key dates include an ex-dividend date on September 14, 2022, a record date on September 15, 2022, and a payment date on September 30, 2022. The Fund aims for a high total return with an emphasis on current income, although it warns of investment risks, including potential loss of principal and market volatility. The distribution could include ordinary income, capital gains, or return of capital, with tax characteristics determined at year-end.

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On September 1, 2022, the DoubleLine Income Solutions Fund (DSL) declared a monthly distribution of $0.11 per share for September 2022. Key dates include the ex-dividend date on September 14, 2022, record date on September 15, 2022, and payment date on September 30, 2022. The Fund invests primarily in debt securities, aiming for high current income and capital appreciation. Shareholders will receive a Form 1099-DIV in early 2023 to clarify the tax treatment of distributions.

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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.

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DoubleLine's Bill Campbell highlights in a recent research paper that Russia's financial resilience against Western sanctions has bolstered the credibility of the China-Russia alliance as a competitor to the West. Campbell asserts that sanctions have failed to achieve their objectives and have accelerated shifts in global trade that may benefit emerging markets. As of June 30, 2022, DoubleLine managed $107 billion in assets across various investment vehicles. Investors should monitor these evolving dynamics and their potential implications for future investment opportunities.

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On August 1, 2022, DoubleLine Income Solutions Fund (DSL) declared a distribution of $0.11 per share for August 2022. Key dates include the ex-dividend date on August 10, record date on August 11, and payment date on August 31. The Fund aims for high current income and capital appreciation, investing at least 80% of assets in debt securities globally. Investors should be aware of the risks involved, including principal loss and investments in lower-rated securities. Distributions may include ordinary income, capital gains, or return of capital.

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DoubleLine Income Solutions Fund (DSL) announced a distribution of $0.11 per share for July 2022. Key dates include ex-dividend on July 13, record on July 14, and payment on July 29, 2022. The Fund primarily seeks high current income through investments in debt securities, including high yield bonds and mortgage-backed securities. The distribution may comprise ordinary income, long-term capital gains, or return of capital, with final tax character details provided in early 2023. The Fund highlights risks associated with investing, including principal loss.

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The DoubleLine Income Solutions Fund (DSL), traded on the NYSE, has declared a monthly distribution of $0.11 per share for June 2022. Key dates include the ex-dividend date on June 15, 2022, record date on June 16, 2022, and payment date on June 30, 2022. The Fund's primary goal is to generate high current income, with a secondary objective of capital appreciation. It primarily invests at least 80% of its net assets in debt securities and other income-producing investments, with associated risks including potential principal loss and market volatility.

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On May 2, 2022, DoubleLine Income Solutions Fund (DSL) announced a distribution of $0.11 per share for May 2022. The ex-dividend date is set for May 11, 2022, with the record date on May 12, 2022, and payment scheduled for May 31, 2022. Distributions may consist of ordinary income, long-term capital gains, or return of capital, with details provided via Form 1099-DIV in early 2023. The Fund focuses on high current income and capital appreciation by investing primarily in debt securities. However, investing involves risks, including principal loss.

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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.

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FAQ

What is the current stock price of DOUBLELINE INCOME SOLUTIONS FUND (DSL)?

The current stock price of DOUBLELINE INCOME SOLUTIONS FUND (DSL) is $12.54 as of November 19, 2024.

What is the market cap of DOUBLELINE INCOME SOLUTIONS FUND (DSL)?

The market cap of DOUBLELINE INCOME SOLUTIONS FUND (DSL) is approximately 1.3B.

What is DoubleLine Income Solutions Fund (DSL)?

DoubleLine Income Solutions Fund (DSL) is a closed-end fund that aims to provide high income and capital appreciation through diversified investments in various securities.

What types of securities does DSL invest in?

DSL invests in money market funds, foreign corporate bonds, U.S. corporate bonds, bank loans, collateralized loan obligations, and municipal bonds.

Which industries does DSL's portfolio cover?

The fund's portfolio spans sectors such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, and Leisure.

Who manages DoubleLine Income Solutions Fund?

The fund is managed by DoubleLine Capital LP, known for its robust financial management and strategic investment approaches.

What is the primary objective of DSL?

The primary objective of DSL is to seek high income for its investors.

What is the secondary objective of DSL?

The secondary objective of DSL is to seek capital appreciation.

Who recently joined DoubleLine Capital to expand its institutional client base?

Rudy Garza, CFA, recently joined DoubleLine Capital as a Relationship Manager to expand its institutional client base in the Western United States.

What is the outlook for investment-grade corporate credit according to DoubleLine?

DoubleLine's research suggests a favorable outlook for investment-grade corporate credit, presenting a unique opportunity for high-quality portfolios with potential high single-digit returns and limited downside risk.

What alternatives to traditional equity investment strategies does DoubleLine recommend?

DoubleLine recommends the DoubleLine Shiller Enhanced CAPE mutual fund, the DoubleLine Shiller CAPE U.S. Equities ETF, and the DoubleLine Fortune 500 Equal Weight ETF as alternatives to traditional equity investment strategies.

How can I contact DoubleLine Capital for more information?

DoubleLine Capital can be contacted by telephone at (813) 791-7333 or via email at info@doubleline.com.

DOUBLELINE INCOME SOLUTIONS FUND

NYSE:DSL

DSL Rankings

DSL Stock Data

1.32B
103.48M
21.66%
0.88%
Asset Management
Financial Services
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United States of America
Tampa