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.

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

Virtus Artificial Intelligence & Technology Opportunities Fund

Ares Capital

Apollo Commercial Real Estate Finance

Barings BDC Inc

BlackRock Science and Technology Trust II

Blackstone Secured Lending Fund

Delek Logistics Partners

Eaton Vance Floating-Rate Income Trust

PGIM Global High Yield Fund

MidCap Financial Investment Corp

Virtus AllianzGI Convertible & Income Fund II

Neuberger Berman MLP Income Fund, Inc.

Pimco High Income Fund

PennantPark Investment

Chicago Atlantic Real Estate Finance

LMP Capital and Income Fund

Western Asset Diversified Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Total Annual Passive Dividend Income  $10,898.00    ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.

Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks

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

iShares Core U.S. Aggregate Bond ETF

DoubleLine Yield Opportunities Fund

DoubleLine Income Solutions Fund

iShares iBoxx High Yield Corporate Bond ETF

Closed-End Funds: A Look At The DoubleLine Trio

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.

DoubleLine Opportunistic Credit Fund Declares February 2023 Distribution

TAMPA, Fla. , Jan. 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 January 2023.

DoubleLine Opportunistic Credit Fund Declares January 2023 Distribution

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

BlackRock Resources & Commodities Strategy Trust

Cornerstone Strategic Value Fund Inc

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

Western Asset Mortgage Opportunity Fund

Eagle Point Income Company Inc

Eaton Vance National Municipal Opportunities Trust

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

First Trust / Aberdeen Emerging Opportunity Fund

Eagle Capital Growth Fund Inc

Gabelli Healthcare & Wellness Trust

Gabelli Utility Trust

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

Macquarie Global Infrastructure Total Return Fund Inc

Nuveen California Select Tax-Free Income Portfolio

OFS Credit Company Inc

PCM Fund

PIMCO Dynamic Income Opportunities Fund

2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)

DBL has recently traded at a slight premium, up from the shallow discount observed earlier this year. This fund doesn't seem attractive despite the big drop in the fixed-income space; we also have distribution coverage issues.

DBL: Slight Premium Despite Volatility, Another Potential Option

BlackRock Taxable Municipal Bond Trust

Central and Eastern Europe Fund

Cornerstone Total Return Fund Inc

Stone Harbor Emerging Markets Total Income Fund

European Equity Fund

Eaton Vance Short Duration Diversified Income Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

BlackRock Corporate High Yield Fund

New Ireland Fund Inc

Madison Fund

Virtus AllianzGI Convertible & Income Fund

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

RiverNorth Opportunities Fund, Inc.

Franklin Templeton Emerging Markets Income Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

DBL has a higher tilt towards investment-grade bonds and more modest leverage relative to its sister funds. These characteristics made it hold up relatively better on a performance basis YTD.

DBL: A Comparison Of The DoubleLine Trio

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

Barings Global Short Duration High Yield Fund

Blackstone Long-Short Credit Income Fund

Blackrock Limited Duration Income Trust

Brandywine Global Income Opportunities Fund Inc

Credit Suisse Asset Management Income Fund

BNY Mellon High Yield Strategies Fund 

Credit Suisse High Yield Bond Fund

Eagle Point Credit

Western Asset Global High Income Fund

Flaherty & Crumrine Total Return Fund Inc

First Trust Intermediate Duration Preferred & Income Fund

Western Asset High Income Opportunity Fund Inc

Western Asset High Income Fund

Pioneer Diversified High Income Trust

New American High Income Fund

Nuveen Preferred & Income Term Fund

Nuveen Preferred & Income Securities Fund

Nuveen Real Asset Income & Growth Fund

KKR Income Opportunities Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

'High-High-Low' Closed-End Fund Report, February 2022: ARDC, HYB, JRI Buy Ratings Affirmed

News for Doubleline Opportunistic Credit Fund ETF (DBL)