STOCK TITAN

DoubleLine Income Solutions Fund Declares August 2024 Distribution

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

DoubleLine Income Solutions Fund (NYSE: DSL) has declared a distribution of $0.11 per share for August 2024. The key dates are as follows:

  • Declaration Date: August 1, 2024
  • Ex-Dividend Date: August 14, 2024
  • Record Date: August 14, 2024
  • Payment Date: August 30, 2024

The press release notes that this announcement is not for tax reporting purposes. The tax characteristics of the distributions will be determined at the end of the taxable year. Shareholders will receive a Form 1099-DIV in early 2025 specifying how the distributions should be reported for tax purposes.

Il DoubleLine Income Solutions Fund (NYSE: DSL) ha annunciato una distribuzione di $0,11 per azione per agosto 2024. Le date chiave sono le seguenti:

  • Data di Dichiarazione: 1 agosto 2024
  • Data di Ex-Dividendo: 14 agosto 2024
  • Data di Registrazione: 14 agosto 2024
  • Data di Pagamento: 30 agosto 2024

Il comunicato stampa sottolinea che questo annuncio non è per scopi di reporting fiscale. Le caratteristiche fiscali delle distribuzioni saranno determinate alla fine dell'anno fiscale. Gli azionisti riceveranno un modulo 1099-DIV all'inizio del 2025 che specificherà come le distribuzioni devono essere riportate ai fini fiscali.

El DoubleLine Income Solutions Fund (NYSE: DSL) ha declarado una distribución de $0.11 por acción para agosto de 2024. Las fechas clave son las siguientes:

  • Fecha de Declaración: 1 de agosto de 2024
  • Fecha Ex-Dividendo: 14 de agosto de 2024
  • Fecha de Registro: 14 de agosto de 2024
  • Fecha de Pago: 30 de agosto de 2024

El comunicado de prensa señala que este anuncio no es para fines de informes fiscales. Las características fiscales de las distribuciones se determinarán al final del año fiscal. Los accionistas recibirán un formulario 1099-DIV a principios de 2025 que especificará cómo deben reportarse las distribuciones para fines fiscales.

더블라인 인컴 솔루션 펀드 (NYSE: DSL)는 2024년 8월에 주당 $0.11의 배당금을 선언했습니다. 주요 날짜는 다음과 같습니다:

  • 선언일: 2024년 8월 1일
  • 배당락일: 2024년 8월 14일
  • 기록일: 2024년 8월 14일
  • 지급일: 2024년 8월 30일

보도 자료는 이 발표가 세금 보고 목적으로는 사용되지 않을 것임을 언급했습니다. 배당금의 세금 특성은 과세 연도의 끝에 결정됩니다. 주주들은 2025년 초에 배당금 보고를 위한 1099-DIV 양식을 받게 됩니다.

Le DoubleLine Income Solutions Fund (NYSE: DSL) a déclaré une distribution de 0,11 $ par action pour août 2024. Les dates clés sont les suivantes :

  • Date de déclaration : 1er août 2024
  • Date ex-dividende : 14 août 2024
  • Date de détention : 14 août 2024
  • Date de paiement : 30 août 2024

Le communiqué de presse précise que cette annonce n'est pas destinée à des fins de déclaration fiscale. Les caractéristiques fiscales des distributions seront déterminées à la fin de l'année fiscale. Les actionnaires recevront un formulaire 1099-DIV au début de 2025, spécifiant comment les distributions doivent être déclarées à des fins fiscales.

Der DoubleLine Income Solutions Fund (NYSE: DSL) hat eine Ausschüttung von 0,11 USD pro Aktie für August 2024 erklärt. Die wichtigsten Termine sind wie folgt:

  • Datum der Erklärung: 1. August 2024
  • Ex-Dividenden-Datum: 14. August 2024
  • Stichtag: 14. August 2024
  • Zahlungsdatum: 30. August 2024

Die Pressemitteilung weist darauf hin, dass diese Ankündigung nicht für steuerliche Zwecke gedacht ist. Die steuerlichen Merkmale der Ausschüttungen werden am Ende des Steuerjahres festgelegt. Aktionäre erhalten Anfang 2025 ein Formular 1099-DIV, das angibt, wie die Ausschüttungen für Steuerzwecke berichtet werden sollen.

Positive
  • Regular monthly distribution maintained at $0.11 per share
Negative
  • None.

TAMPA, Fla., Aug. 1, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of August 2024. The distributions are subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

August 2024

Declaration

Thursday, Aug. 1, 2024

Ex-Dividend

Wednesday, Aug. 14, 2024

Record

Wednesday, Aug. 14, 2024

Payment

Friday, Aug. 30, 2024

This press release is not for tax reporting purposes. The press 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. For information on whether the distribution includes a return of capital, please contact us on or after the distribution payment date. The amount of distributable income and the tax characteristics of the distributions are determined at the end of the taxable year. In early 2025, 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 Income Solutions Fund

The Fund's primary investment objective is to seek high current income; its secondary objective is to seek capital appreciation. The Fund seeks to achieve its investment objectives by investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both. DoubleLine Capital LP ("DoubleLine"), the Fund's investment adviser, expects that the Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities and other income-producing investments anywhere in the world, including emerging markets. The Fund may invest in mortgage-backed securities of any kind and may invest without limit in securities rated below investment grade (commonly referred to as "high yield" securities or "junk bonds"). There is no guarantee that the Fund will achieve its investment objectives. 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 Income Solutions 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. Investors should note that the Fund only can be obtained through a broker.

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 Income Solutions 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 July 31, 2024, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.086 (8%) 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.

©2024 DoubleLine Capital LP.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/doubleline-income-solutions-fund-declares-august-2024-distribution-302211875.html

SOURCE DoubleLine

FAQ

What is the August 2024 distribution amount for DoubleLine Income Solutions Fund (DSL)?

DoubleLine Income Solutions Fund (DSL) declared a distribution of $0.11 per share for August 2024.

When is the ex-dividend date for DSL's August 2024 distribution?

The ex-dividend date for DSL's August 2024 distribution is Wednesday, August 14, 2024.

What is the payment date for DSL's August 2024 distribution?

The payment date for DSL's August 2024 distribution is Friday, August 30, 2024.

How will shareholders of DSL receive tax information about the distributions?

Shareholders of DSL will receive a Form 1099-DIV in early 2025 specifying how the distributions paid during the prior calendar year should be characterized for tax reporting purposes.

DOUBLELINE INCOME SOLUTIONS FUND

NYSE:DSL

DSL Rankings

DSL Latest News

DSL Stock Data

1.37B
103.48M
21.66%
0.88%
Asset Management
Financial Services
Link
United States of America
Tampa