DoubleLine Opportunistic Credit Fund Declares March 2026 Distribution

Rhea-AI Summary

DoubleLine Opportunistic Credit Fund (NYSE: DBL) declared a $0.11 per share distribution for March 2026. The Board set ex-dividend and record date as March 18, 2026, with payment on March 31, 2026.

The distribution may include ordinary income, long-term capital gains or return of capital; tax character will be reported on Form 1099-DIV in early 2027.

Positive

• $0.11 per share distribution declared for March 2026
• Payment date set for March 31, 2026, delivering cash to shareholders

Negative

• Distribution tax character unknown until Form 1099-DIV in early 2027
• Distributions may include return of capital, which can affect tax basis

TAMPA, Fla., March 2, 2026 /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 March 2026. The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

March 2026
Declaration	Monday, March 2, 2026
Ex-Dividend	Wednesday, March 18, 2026
Record	Wednesday, March 18, 2026
Payment	Tuesday, March 31, 2026

This news release is not for tax reporting purposes. The release has been issued to announce the amount and timing of the distributions declared by the Board of Trustees. There is a possibility that distributions may include ordinary income, long-term capital gains or return of capital. The amount of distributable income and the tax characteristics of the distributions are determined at the end of the taxable year. In early 2027, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return.

About DoubleLine Opportunistic Credit Fund

The DoubleLine Opportunistic Credit Fund (the "Fund") is a diversified, closed-end management investment company. The Fund's investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. There is no guarantee that the Fund will achieve its investment objective. Investing in the Fund involves the risk of principal loss.

About DoubleLine Capital LP

DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (813) 791-7333 or by email at info@doubleline.com. Media can reach DoubleLine by email at media@doubleline.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.

To read about the DoubleLine Opportunistic Credit Fund, please access the Annual Report at www.doubleline.com or call 877-DLINE11 (877-354-6311) to receive a copy. Investors should consider the Fund's investment objective, risks, charges and expenses carefully before investing. An investment in the Fund should not constitute a complete investment program.

This document is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale or offer of these securities, in any jurisdiction where such sale or offer is not permitted.

Fund investing involves risk. Principal loss is possible.

Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors' risk of loss. This risk may be greater for investors expecting to sell their shares in a relatively short period after the completion of the public offering. There are risks associated with investment in the Fund.

Investments in debt securities typically decline in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. 
Past performance is no guarantee of future results. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities. Investment strategies may not achieve the desired results due to implementation lag, other timing factors, portfolio management decisions-making, economic or market conditions or other unanticipated factors. In addition, the Fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives and smaller companies which include additional risks. The DoubleLine Opportunistic Credit Fund (the "Fund") is a diversified, closed-end management investment company.

This material may include statements that constitute "forward-looking statements" under the U.S. securities laws. Forward-looking statements include, among other things, projections, estimates, and information about possible or future results related to the Fund, market or regulatory developments. The views expressed herein are not guarantees of future performance or economic results and involve certain risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially from the views expressed herein. The views expressed herein are subject to change at any time based upon economic, market, or other conditions and DoubleLine undertakes no obligation to update the views expressed herein. While we have gathered this information from sources believed to be reliable, DoubleLine cannot guarantee the accuracy of the information provided. Any discussions of specific securities should not be considered a recommendation to buy or sell those securities. The views expressed herein (including any forward-looking statement) may not be relied upon as investment advice or as an indication of the Fund's trading intent. Information included herein is not an indication of the Fund's future portfolio composition.

Distributions include all distribution payments regardless of source and may include net income, capital gains, and/or return of capital (ROC). ROC should not be confused with yield or income. A Fund's Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting www.doubleline.com. Final determination of a distribution's tax character will be made on Form 1099 DIV and sent to shareholders. On a tax basis, as of Feb. 27, 2026, the estimated component of the cumulative distribution for the fiscal year-to-date would include an estimated return of capital of $0.141 (26%) per share. This amount is an estimate and the actual amounts and sources for tax reporting purposes may change upon final determination of tax characteristics and may be subject to changes based on tax regulations.

Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.

Foreside Funds Services, LLC provides marketing review services for DoubleLine Capital LP.

©2026 DoubleLine Capital LP.

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SOURCE DoubleLine

FAQ

What distribution did DoubleLine Opportunistic Credit Fund (DBL) declare for March 2026?

The fund declared a $0.11 per share distribution for March 2026 as set by the Board. According to the company, the distribution was declared March 2, 2026, with payment on March 31, 2026.

When is the ex-dividend and record date for DBL's March 2026 distribution?

The ex-dividend and record date for DBL are both March 18, 2026. According to the company, shares must be held before that date to be eligible for the March 31, 2026 payment.

How will DBL shareholders receive tax information for the March 2026 distribution?

Shareholders will receive tax reporting on Form 1099-DIV in early 2027. According to the company, that form will specify whether distributions are ordinary income, long-term gains, or return of capital.

Could DBL's March 2026 distribution include return of capital?

Yes, the distribution may include return of capital as well as income or gains. According to the company, the final tax characterization will be determined at year-end and reported on Form 1099-DIV.

What do DBL investors need to do to receive the March 2026 distribution?

Investors must hold DBL shares through the record date of March 18, 2026 to be eligible for the payment. According to the company, the payment date is March 31, 2026.