DoubleLine Opportunistic Credit Fund

DBL

Market cap $291M

TAMPA, Fla. , Oct. 1, 2025 /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 2025.

TAMPA, Fla. , Sept. 2, 2025 /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 2025.

Doubleline Opportunistic Credit Fund offers a high 8.71% yield but lags peer funds in both yield and long-term total return performance. The DBL fund's short duration limits interest rate risk, but heavy mortgage-backed security exposure and inflation concerns cloud its outlook. Distribution has been stable since 2018, yet purchasing power is eroding, and recent net investment income hasn't fully covered payouts.

Doubleline Opportunistic Credit Fund has delivered solid total returns, despite some concerns I had about its portfolio and distribution coverage. The fund has seen its distribution coverage improve materially, though there is still a lack of NII coverage. DBL also continues to trade around a premium, not really allowing for investors to get a bargain entry price.

TAMPA, Fla. , April 1, 2025 /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 2025.

TAMPA, Fla. , Jan. 7, 2025 /PRNewswire/ -- While the upcoming launch of Trump 2.0 has generated a lot of public speculation about the incoming administration's policies on immigration, tax cuts and tariffs, another area of policy focus from President Trump's first term could be revived: reprivatizing Fannie Mae and Freddie Mac.

TAMPA, Fla. , Dec. 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 December 2024.

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.

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.

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.