DoubleLine Opportunistic Credit score Fund (NYSE:DBL – Get Rating) noticed a major lower in brief curiosity in March. As of March 31st, there was quick curiosity totalling eight,600 shares, a lower of 22.5% from the March 15th whole of 11,100 shares. Primarily based on a mean buying and selling quantity of 78,100 shares, the short-interest ratio is presently zero.1 days.
A lot of hedge funds and different institutional traders have not too long ago made adjustments to their positions within the enterprise. NEXT Monetary Group Inc grew its holdings in DoubleLine Opportunistic Credit score Fund by 45.zero% through the fourth quarter. NEXT Monetary Group Inc now owns 1,887 shares of the funding administration firm’s inventory valued at $36,000 after buying a further 586 shares through the interval. Advisor Group Holdings Inc. grew its holdings in DoubleLine Opportunistic Credit score Fund by 6.1% through the third quarter. Advisor Group Holdings Inc. now owns 13,691 shares of the funding administration firm’s inventory valued at $270,000 after buying a further 784 shares through the interval. Raymond James & Associates grew its holdings in DoubleLine Opportunistic Credit score Fund by 1.eight% through the third quarter. Raymond James & Associates now owns 54,462 shares of the funding administration firm’s inventory valued at $1,074,000 after buying a further 953 shares through the interval. Janney Montgomery Scott LLC grew its holdings in DoubleLine Opportunistic Credit score Fund by 9.three% through the third quarter. Janney Montgomery Scott LLC now owns 17,551 shares of the funding administration firm’s inventory valued at $346,000 after buying a further 1,500 shares through the interval. Lastly, Circle Wealth Administration LLC grew its holdings in DoubleLine Opportunistic Credit score Fund by 21.2% through the fourth quarter. Circle Wealth Administration LLC now owns 18,298 shares of the funding administration firm’s inventory valued at $351,000 after buying a further three,198 shares through the interval.
DBL stock opened at $16.54 on Monday. The enterprise has a 50 day transferring common of $17.09 and a 200-day transferring common of $18.38. DoubleLine Opportunistic Credit score Fund has a 12-month low of $16.05 and a 12-month excessive of $20.14.
The agency additionally not too long ago introduced a month-to-month dividend, which will probably be paid on Friday, April 29th. Stockholders of report on Thursday, April 14th will probably be issued a $zero.11 dividend. This represents a $1.32 annualized dividend and a dividend yield of seven.98%. The ex-dividend date is Wednesday, April 13th.
About DoubleLine Opportunistic Credit score Fund (Get Rating)
DoubleLine Opportunistic Credit score Fund is a close-ended fastened revenue mutual fund launched and managed by DoubleLine Capital LP. The fund invests within the fastened revenue markets. It invests in debt securities together with residential and industrial mortgage-backed securities, asset-backed securities, U.S Authorities securities, company debt, worldwide sovereign debt, and short-term investments.The fund benchmarks the efficiency of its portfolio in opposition to the Barclays Capital U.S.
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