DoubleLine Opportunistic Credit Fund Announces New Dividend Plan

Author: Evelyn Baker Updated: 07-01-2025 09:16 AM

DoubleLine Opportunistic Credit Fund's Planned Dividend Release

The DoubleLine Opportunistic Credit Fund (DBL), a well-rounded management investment company, has made an important announcement regarding its dividend distribution for July. The Fund is dedicated to providing investors with a high total investment return, primarily through income generation and potential for capital growth.

Dividend Announcement Details

This week, the Fund declared a distribution of $0.11 per share for July. This decision was made by the Fund's Board of Trustees, outlining specific dates related to the dividend process.

Key Dates to Remember

The Board has set significant dates that shareholders should note. The declaration date is established, followed by the ex-dividend date, the record date, and the payment date. This schedule ensures that all investors are informed and can manage their shares accordingly.

Understanding the Distribution Process

It is crucial for shareholders to understand that not all distributions come from the same source. These payments may include ordinary income, long-term capital gains, or returns of capital. The underlying tax characteristics will be defined each year following the conclusion of the fiscal cycle, specifically for purposes of tax reporting.

Insights on the DoubleLine Opportunistic Credit Fund

The DoubleLine Opportunistic Credit Fund aims to provide a combination of investment income and growth potential. By diversifying assets, the Fund seeks to maximize its performance while managing risks associated with principal loss. Investors interested in this Fund should be aware that achieving its targeted returns comes with inherent market risks.

DoubleLine Capital LP Overview

As an investment adviser registered under the Investment Advisers Act of 1940, DoubleLine Capital is committed to providing stellar management for investors. The company is accessible for questions or inquiries via phone or email, ensuring that shareholder support is readily available.

Frequently Asked Questions

What is the distribution amount for July by the DoubleLine Fund?

The distribution amount for July announced by the DoubleLine Opportunistic Credit Fund is $0.11 per share.

When is the ex-dividend date for the upcoming distribution?

The ex-dividend date set by the Fund is July 16, which is essential for investors to take note of before trading their shares.

What should investors expect in terms of distribution sources?

Investors should anticipate that distributions may vary, including ordinary income, capital gains, or a return of capital.

How does the Fund determine its investment returns?

The Fund measures its investment returns based on various market factors and evaluates income and capital appreciation for its shareholders.

How can investors contact DoubleLine Capital?

Investors can reach DoubleLine Capital by phone at (813) 791-7333 or via email at info@doubleline.com. Media inquiries can be sent to media@doubleline.com.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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