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DBL fund rises above key average, announces 8.5% yield dividend; DSL falls below averages with 11.4% yield.
DoubleLine Opportunistic Credit Fund (DBL) rose above its 50-day moving average, closing at $15.46 on Tuesday, while announcing a monthly dividend of $0.11 per share, yielding 8.5% annually, payable November 28.
The fund, focused on fixed income securities, saw a stake increase by hedge fund World Equity Group in Q3.
Meanwhile, DoubleLine Income Solutions Fund (DSL) fell below both its 50-day and 200-day moving averages, closing at $11.56, with a higher 11.4% annualized dividend yield on the same payout date.
3 Articles
El fondo DBL se eleva por encima de la media clave, anuncia un dividendo del 8,5%; DSL cae por debajo de los promedios con un rendimiento del 11,4%.