Doubleline Opportunistic Credit Fund

Doubleline Opportunistic Credit Fund operates as a closed-end investment fund or investment trust. The firm invests in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments. Its investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The company was founded on July 22, 2011 and is headquartered in Los Angeles, CA.

Doubleline Opportunistic Credit Fund operates as a closed-end investment fund or investment trust. The firm invests in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt, and short-term investments. Its investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The company was founded on July 22, 2011 and is headquartered in Los Angeles, CA.

The Doubleline Opportunistic Credit Fund offers an 8.51% yield, outperforming major fixed-income indices but underperforming its peers in yield and total return. The DBL closed-end fund's performance has been volatile, with a modest 0.58% share price gain over eleven months, but an 8.07% total return including distributions. The fund's heavy investment in mortgage-backed securities has been a disadvantage, underperforming compared to other fixed-income assets amid rising bond yields and inflation.

DBL: Focus On Mortgages Is A Real Problem Today

TAMPA, Fla. , Nov. 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of November 2024.

DoubleLine Opportunistic Credit Fund Declares November 2024 Distribution

TAMPA, Fla. , Aug. 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of August 2024.

DoubleLine Opportunistic Credit Fund Declares August 2024 Distribution

TAMPA, Fla. , July 1, 2024 /PRNewswire/ -- The DoubleLine Yield Opportunities Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DLY, has declared a distribution of $0.1167 per share for the month of July 2024.

DoubleLine Yield Opportunities Fund Declares July 2024 Distribution

TAMPA, Fla. , July 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of July 2024.

DoubleLine Opportunistic Credit Fund Declares July 2024 Distribution

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Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.

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DoubleLine Opportunistic Credit Fund has performed well since our last update and carries only a small premium.

DBL: An Interesting Fixed-Income Fund, But Some Concerns Remain

TAMPA, Fla. , April 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of April 2024.

DoubleLine Opportunistic Credit Fund Declares April 2024 Distribution

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TAMPA, Fla. , March 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of March 2024.

DoubleLine Opportunistic Credit Fund Declares March 2024 Distribution

TAMPA, Fla. , Feb. 1, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of February 2024.

DoubleLine Opportunistic Credit Fund Declares February 2024 Distribution

TAMPA, Fla. , Jan. 2, 2024 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of January 2024.

DoubleLine Opportunistic Credit Fund Declares January 2024 Distribution

Doubleline Opportunistic Credit Fund is a debt fund that aims to provide income-focused investors with current income and potential capital appreciation.

DBL: This Is A Decent Bond Fund, But Not When It Is At A Premium

TAMPA, Fla. , Dec. 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of December 2023.

DoubleLine Opportunistic Credit Fund Declares December 2023 Distribution

TAMPA, Fla. , Nov. 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of November 2023.

DoubleLine Opportunistic Credit Fund Declares November 2023 Distribution

TAMPA , Oct. 2, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of October 2023. The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

DoubleLine Opportunistic Credit Fund Declares October 2023 Distribution

The Doubleline Opportunistic Credit Fund is a CEF focused on generating current income with a 9.1% forward yield. The fund has had poor historical returns, notably underperforming most underlying fixed income asset classes in 2022. With a 10-year average annual return of only 4.3%, the DBL fund appears to be yet another amortizing 'return of principal' fund from Doubleline that should be avoided.

DBL: Poorly Performing Return Of Principal Fund

TAMPA, Fla. , Sept. 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of September 2023.

DoubleLine Opportunistic Credit Fund Declares September 2023 Distribution

TAMPA, Fla. , Aug. 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of August 2023.

DoubleLine Opportunistic Credit Fund Declares August 2023 Distribution

TAMPA, Fla. , July 3, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of July 2023.

DoubleLine Opportunistic Credit Fund Declares July 2023 Distribution

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TAMPA, Fla. , June 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of June 2023.

DoubleLine Opportunistic Credit Fund Declares June 2023 Distribution

TAMPA, Fla , May 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of May 2023. The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

DoubleLine Opportunistic Credit Fund Declares May 2023 Distribution

TAMPA, Fla. , March 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of March 2023.

DoubleLine Opportunistic Credit Fund Declares March 2023 Distribution

TAMPA, Fla. , Feb. 1, 2023 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of February 2023.

News for Doubleline Opportunistic Credit Fund ETF (DBL)