DoubleLine Opportunistic Credit Fund (DBL) To Go Ex-Dividend on November 13th

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 paid a dividend of 0.11 per share by the investment management company on Friday, November 29th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.46%. The ex-dividend date of this dividend is Wednesday, November 13th.

DoubleLine Opportunistic Credit Fund Stock Performance

Shares of NYSE DBL opened at $15.61 on Monday. DoubleLine Opportunistic Credit Fund has a 1-year low of $14.13 and a 1-year high of $16.25. The business has a fifty day moving average price of $15.70 and a 200 day moving average price of $15.47.

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.