DoubleLine Income Solutions Fund reports recurring monthly distribution declarations for its NYSE-listed common shares. The fund’s news releases describe Board of Trustees declarations, ex-dividend dates, record dates and payment dates for distributions.
Fund updates also describe distribution tax-character considerations, including the possibility of ordinary income, long-term capital gains or return of capital. Recurring release language addresses closed-end fund risks, including principal loss, investment risk and the potential for shares to trade at a discount to net asset value.
The DoubleLine Yield Opportunities Fund (symbol DLY) has announced a monthly distribution of $0.1167 per share for February 2022. The ex-dividend date is February 16, 2022, with the record date set for February 17, 2022, and payments scheduled for February 28, 2022. The Fund aims for high total returns with a focus on current income, though investment risks include potential losses and limited returns. Shareholders will receive a Form 1099-DIV in early 2023 to report distribution tax characteristics.
On February 1, 2022, the DoubleLine Income Solutions Fund (DSL) declared a $0.11 per share distribution for February 2022. Key dates include the ex-dividend date on February 16, record date on February 17, and payment date on February 28. The fund aims for high current income and capital appreciation, primarily investing 80% of its assets in debt securities and income-producing investments globally, including high-yield securities. It's important to note that investments carry risks, including principal loss.
The DoubleLine Opportunistic Credit Fund (DBL) announced a distribution of $0.11 per share for February 2022. This declaration was made on February 1, 2022, with an ex-dividend date of February 16, 2022, record date on February 17, 2022, and payment scheduled for February 28, 2022. The Fund offers potential capital appreciation and high current income, although investments carry the risk of principal loss. Shareholders will receive a Form 1099-DIV in early 2023 for tax reporting to clarify distribution characteristics.
On January 13, 2022, Ken Shinoda, co-portfolio manager at DoubleLine, expressed optimism for continued price appreciation in the U.S. single-family housing market in a Barron's guest column dated December 29, 2021. Shinoda argues that despite rising housing prices, Americans retain the capability to afford homes. This perspective offers insights into the potential resilience of the U.S. housing sector, underscoring a positive outlook amidst rising costs.
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The DoubleLine Yield Opportunities Fund (symbol: DLY) has announced a distribution of $0.1167 per share for January 2022. The distribution's timing, including ex-dividend, record, and payment dates, is set by the Board of Trustees. The Fund aims for high total return with an emphasis on current income, focusing on fixed income sectors. However, investments involve risks, including potential principal loss and volatility from lower-rated securities. Shareholders will receive a Form 1099-DIV in early 2023 for tax reporting concerning these distributions.
On January 3, 2022, the DoubleLine Income Solutions Fund (DSL) announced a distribution of $0.11 per share for January 2022. The distribution is subject to the ex-dividend, record, and payment dates established by the Fund's Board of Trustees. This press release clarifies that distributions may include ordinary income, long-term capital gains, or return of capital. The Fund aims for high current income and capital appreciation by investing primarily in debt securities and high-yield investments worldwide. Risks associated with investing in the Fund include principal loss and market volatility.
Summary not available.
The DoubleLine Opportunistic Credit Fund (DBL) declared a distribution of $0.11 per share for January 2022, with critical dates outlined by the Board of Trustees. The ex-dividend date is January 12, 2022, the record date is January 13, 2022, and payment will be made on January 31, 2022. The Fund aims for high total investment returns through current income and potential capital appreciation, but there are risks of principal loss. Tax characteristics of the distribution will be clarified in early 2023 with Form 1099-DIV.