DoubleLine Opportunistic Credit Fund (NYSE:DBL) Declares $0.11 Monthly Dividend

DoubleLine Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Stockholders of record on Wednesday, November 13th will be given a dividend of 0.11 per share by the investment management company on Friday, November 29th. This represents a $1.32 annualized dividend and a dividend yield of 8.46%. The ex-dividend date is Wednesday, November 13th.

DoubleLine Opportunistic Credit Fund Trading Up 0.8 %

DBL stock opened at $15.61 on Monday. DoubleLine Opportunistic Credit Fund has a 52 week low of $14.13 and a 52 week high of $16.25. The firm has a 50 day moving average of $15.70 and a 200 day moving average of $15.47.

DoubleLine Opportunistic Credit Fund Company Profile

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.