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DoubleLine Opportunistic Credit Fund Declares August 2024 Distribution

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The DoubleLine Opportunistic Credit Fund (DBL) has announced its distribution for August 2024. The Fund, traded on the New York Stock Exchange, will distribute $0.11 per share. Key dates for this distribution are:

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

The Fund's Board of Trustees has set these dates. It's important to note that this announcement is not for tax reporting purposes. The exact nature of the distribution (ordinary income, long-term capital gains, or return of capital) will be determined at the end of the taxable year. Shareholders will receive a Form 1099-DIV in early 2025 detailing how to report these distributions on their tax returns.

Il DoubleLine Opportunistic Credit Fund (DBL) ha annunciato la sua distribuzione per agosto 2024. Il Fondo, quotato alla Borsa di New York, distribuirà $0.11 per azione. Le date chiave per questa distribuzione sono:

  • Dichiarazione: 1 agosto 2024
  • Data Ex-Dividend: 14 agosto 2024
  • Registro: 14 agosto 2024
  • Pagamento: 30 agosto 2024

Il Consiglio di Amministrazione del Fondo ha stabilito queste date. È importante notare che questo annuncio non è destinato a fini di rapporti fiscali. La natura esatta della distribuzione (reddito ordinario, guadagni in conto capitale a lungo termine o rimborso di capitale) sarà determinata alla fine dell'anno fiscale. Gli azionisti riceveranno un modulo 1099-DIV all'inizio del 2025 che dettagliarà come riportare queste distribuzioni nelle loro dichiarazioni fiscali.

El Fondo de Crédito Oportunista DoubleLine (DBL) ha anunciado su distribución para agosto de 2024. El fondo, cotizado en la Bolsa de Nueva York, distribuirá $0.11 por acción. Las fechas clave para esta distribución son:

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

El Consejo de Fideicomisarios del fondo ha establecido estas fechas. Es importante mencionar que este anuncio no tiene fines de reporte fiscal. La naturaleza exacta de la distribución (ingresos ordinarios, ganancias de capital a largo plazo o retorno de capital) se determinará al final del año fiscal. Los accionistas recibirán un formulario 1099-DIV a principios de 2025 que detallará cómo informar estas distribuciones en sus declaraciones de impuestos.

더블라인 기회론적 크레딧 펀드(DBL)2024년 8월 배당금을 발표했습니다. 뉴욕 증권 거래소에 상장된 이 펀드는 주당 $0.11을 배당합니다. 이 배당에 대한 주요 날짜는 다음과 같습니다:

  • 선언: 2024년 8월 1일
  • 배당락일: 2024년 8월 14일
  • 기준일: 2024년 8월 14일
  • 지급일: 2024년 8월 30일

펀드의 신탁 위원회가 이러한 날짜를 설정했습니다. 이 발표는 세금 보고 목적이 아님을 유의해야 합니다. 배당의 정확한 성격(정기 소득, 장기 자본 이득 또는 자본 환급)은 회계 연도 말에 결정됩니다. 주주들은 2025년 초에 이러한 배당금을 세금 신고서에 보고하는 방법을 자세히 설명하는 1099-DIV 양식을 받을 것입니다.

Le Fonds de Crédit Opportuniste DoubleLine (DBL) a annoncé sa distribution pour août 2024. Le fonds, négocié à la Bourse de New York, distribuera 0,11 $ par action. Les dates clés pour cette distribution sont :

  • Déclaration : 1er août 2024
  • Ex-Dividende : 14 août 2024
  • Enregistrement : 14 août 2024
  • Paiement : 30 août 2024

Le conseil d'administration du fonds a établi ces dates. Il est important de noter que cette annonce n'est pas à des fins de déclaration fiscale. La nature exacte de la distribution (revenu ordinaire, gains en capital à long terme ou retour de capital) sera déterminée à la fin de l'année fiscale. Les actionnaires recevront un formulaire 1099-DIV au début de 2025, détaillant comment déclarer ces distributions dans leurs déclarations fiscales.

Der DoubleLine Opportunistic Credit Fund (DBL) hat seine Ausschüttung für August 2024 bekannt gegeben. Der Fonds, der an der New Yorker Börse gehandelt wird, wird $0.11 pro Aktie ausschütten. Die wichtigsten Termine für diese Ausschüttung sind:

  • Erklärung: 1. August 2024
  • Ex-Dividende: 14. August 2024
  • Stichtag: 14. August 2024
  • Zahlung: 30. August 2024

Der Fondsrat hat diese Termine festgelegt. Es ist wichtig zu beachten, dass diese Ankündigung nicht für Steuerzwecke gedacht ist. Die genaue Art der Ausschüttung (ordentliches Einkommen, langfristige Kapitalgewinne oder Rückzahlung von Kapital) wird am Ende des Steuerjahres bestimmt. Die Aktionäre erhalten Anfang 2025 ein Formular 1099-DIV, das detailliert, wie diese Ausschüttungen in ihren Steuererklärungen anzugeben sind.

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TAMPA, Fla., Aug. 1, 2024 /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 August 2024. The distribution is 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 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 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 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 July 31, 2024, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.329 (30%) 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.

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SOURCE DoubleLine

FAQ

What is the August 2024 distribution amount for DoubleLine Opportunistic Credit Fund (DBL)?

The DoubleLine Opportunistic Credit Fund (DBL) has declared a distribution of $0.11 per share for August 2024.

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

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

What is the payment date for DoubleLine Opportunistic Credit Fund's August 2024 distribution?

The payment date for DoubleLine Opportunistic Credit Fund's August 2024 distribution is Friday, August 30, 2024.

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

Shareholders of DBL will receive a Form 1099-DIV in early 2025, specifying how the distributions should be characterized for tax reporting purposes.

Can the August 2024 distribution of DBL include different types of income?

Yes, the distribution may include ordinary income, long-term capital gains, or return of capital. The exact nature will be determined at the end of the taxable year.

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