DoubleLine Opportunistic Credit Fund (NYSE:DBL) Shareholders to Collect $0.11 Monthly Dividend

DoubleLine Opportunistic Credit Fund (NYSE:DBL) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.11 per share by the investment management company on Monday, November 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Wednesday, November 18th.

DoubleLine Opportunistic Credit Fund Stock Down 0.4%

Shares of DoubleLine Opportunistic Credit Fund stock traded down $0.06 on Monday, reaching $13.52. 357,559 shares of the company were exchanged, compared to its average volume of 80,147. DoubleLine Opportunistic Credit Fund has a fifty-two week low of $12.94 and a fifty-two week high of $15.57. The stock has a fifty day moving average price of $13.75 and a 200-day moving average price of $14.32.

DoubleLine Opportunistic Credit Fund Company Profile

DoubleLine Opportunistic Credit Fund (NYSE: DBL) is a closed-end management investment company advised by DoubleLine Capital LP. The fund seeks to provide investors with current income and long-term total return by investing in a diversified portfolio of credit-related fixed-income securities.

The fund may invest across a range of opportunistic credit markets, including corporate bonds and loans, mortgage- and asset-backed securities, structured credit, and other debt instruments. Its portfolio can include securities issued by U.S.