STOCK TITAN

DoubleLine Income Solutions Fund Declares September 2024 Distribution

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

DoubleLine Income Solutions Fund (NYSE: DSL) has announced its September 2024 distribution of $0.11 per share. The distribution schedule is as follows:

  • Declaration: Tuesday, Sept. 3, 2024
  • Ex-Dividend: Wednesday, Sept. 18, 2024
  • Record: Wednesday, Sept. 18, 2024
  • Payment: Monday, Sept. 30, 2024

The Fund clarifies that this press release 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 to report the distributions on their tax returns.

Il DoubleLine Income Solutions Fund (NYSE: DSL) ha annunciato la sua distribuzione di settembre 2024 di $0,11 per azione. Il calendario delle distribuzioni è il seguente:

  • Dichiarazione: martedì 3 settembre 2024
  • Data Ex-Dividend: mercoledì 18 settembre 2024
  • Registrazione: mercoledì 18 settembre 2024
  • Pagamento: lunedì 30 settembre 2024

Il Fondo chiarisce che questo comunicato stampa non è a scopo di report fiscale. Le caratteristiche fiscali delle distribuzioni saranno determinate alla fine dell'anno fiscale. Gli azionisti riceveranno un Modulo 1099-DIV all'inizio del 2025, specificando come riportare le distribuzioni nelle loro dichiarazioni fiscali.

El Fondo de Soluciones de Ingresos DoubleLine (NYSE: DSL) ha anunciado su distribución de septiembre de 2024 de $0.11 por acción. El calendario de distribución es el siguiente:

  • Declaración: martes, 3 de septiembre de 2024
  • Fecha Ex-Dividendo: miércoles, 18 de septiembre de 2024
  • Registro: miércoles, 18 de septiembre de 2024
  • Pago: lunes, 30 de septiembre de 2024

El Fondo aclara que este comunicado de prensa no es para fines de declaración fiscal. 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 reportar las distribuciones en sus declaraciones de impuestos.

더블라인 인컴 솔루션 펀드 (NYSE: DSL)가 2024년 9월 배당금주당 $0.11으로 발표했습니다. 배당 일정은 다음과 같습니다:

  • 선언: 2024년 9월 3일 화요일
  • 배당락일: 2024년 9월 18일 수요일
  • 기록일: 2024년 9월 18일 수요일
  • 지급일: 2024년 9월 30일 월요일

펀드는 이 보도자료가 세무 보고 목적으로 사용되지 않음을 설명합니다. 배당금의 세무 특성은 과세 연도 말에 결정됩니다. 주주들은 2025년 초에 배당금을 세금 보고서에 어떻게 기재할지를 명시하는 양식 1099-DIV를 받게 됩니다.

Le Fonds de Solutions de Revenu DoubleLine (NYSE: DSL) a annoncé sa distribution de septembre 2024 de 0,11 $ par action. Le calendrier de distribution est le suivant :

  • Déclaration : mardi 3 septembre 2024
  • Date Ex-Dividende : mercredi 18 septembre 2024
  • Date d'Enregistrement : mercredi 18 septembre 2024
  • Paiement : lundi 30 septembre 2024

Le Fonds précise que ce communiqué de presse n'est pas destiné 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 début 2025 spécifiant comment déclarer les distributions dans leur déclaration de revenus.

Der DoubleLine Income Solutions Fund (NYSE: DSL) hat seine Verteilung für September 2024 in Höhe von 0,11 $ pro Aktie angekündigt. Der Verteilungstermin ist wie folgt:

  • Erklärung: Dienstag, 3. September 2024
  • Ex-Dividende: Mittwoch, 18. September 2024
  • Stichtag: Mittwoch, 18. September 2024
  • Zahlung: Montag, 30. September 2024

Der Fonds stellt klar, dass diese Pressemitteilung nicht für Steuerberichterstattungszwecke gedacht ist. Die steuerlichen Merkmale der Verteilungen werden am Ende des Steuerjahres bestimmt. Die Aktionäre erhalten Anfang 2025 ein Formular 1099-DIV, das angibt, wie die Verteilungen in ihren Steuererklärungen zu berichten sind.

Positive
  • Consistent monthly distribution of $0.11 per share maintained
  • Clear communication of distribution schedule to shareholders
Negative
  • None.

TAMPA, Fla., Sept. 3, 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 September 2024. The distributions are subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

September 2024

Declaration

Tuesday, Sept. 3, 2024

Ex-Dividend

Wednesday, Sept. 18, 2024

Record

Wednesday, Sept. 18, 2024

Payment

Monday, Sept. 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 Aug. 30, 2024, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.106 (9%) 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-september-2024-distribution-302235666.html

SOURCE DoubleLine

FAQ

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

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

When is the payment date for DSL's September 2024 distribution?

The payment date for DSL's September 2024 distribution is Monday, September 30, 2024.

What is the ex-dividend date for DoubleLine Income Solutions Fund's September 2024 distribution?

The ex-dividend date for DoubleLine Income Solutions Fund's September 2024 distribution is Wednesday, September 18, 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 to report the distributions on their tax returns.

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