DoubleLine Opportunistic Credit Fund (DBL) To Go Ex-Dividend on February 19th

DoubleLine Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Wednesday, February 19th will be given a dividend of 0.11 per share by the investment management company on Friday, February 28th. This represents a $1.32 annualized dividend and a dividend yield of 8.35%. The ex-dividend date is Wednesday, February 19th.

DoubleLine Opportunistic Credit Fund has decreased its dividend payment by an average of 0.7% per year over the last three years.

DoubleLine Opportunistic Credit Fund Price Performance

Shares of DoubleLine Opportunistic Credit Fund stock opened at $15.80 on Wednesday. The stock has a 50 day moving average of $15.56 and a 200 day moving average of $15.62. DoubleLine Opportunistic Credit Fund has a 12 month low of $14.49 and a 12 month high of $16.25.

About 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.