DoubleLine Income Solutions Stock Price, News & Analysis

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.

The DoubleLine Yield Opportunities Fund (NYSE: DLY) has announced its August 2024 distribution of $0.1167 per share. The Fund's Board of Trustees has set the following schedule:

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

This announcement is not for tax reporting purposes. The tax characteristics of the Fund's distributions will be determined at the end of the taxable year. Shareholders will receive a Form 1099-DIV in early 2025 detailing how to report the distributions on their tax returns.

The DoubleLine Yield Opportunities Fund (DLY) has announced its August 2024 distribution of $0.1167 per share. This distribution is subject to ex-dividend, record, and payment dates set by the Fund's Board of Trustees. The news release is not for tax reporting purposes but serves to inform shareholders about the distribution's amount and timing.

Importantly, distributions may include ordinary income, capital gains, or return of capital. The exact nature of the distribution and its tax characteristics will be determined at the end of the taxable year. Shareholders will receive a Form 1099-DIV in early 2025, detailing how to report the distributions on their tax returns.

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.

DoubleLine has published a new research paper by Ryan Kimmel, updating his 2023 outlook on U.S. budget deficit and debt spirals. The paper, titled "U.S. Debt Spiral Briefing: A Scenario Survey as Washington Drifts Toward a Reckoning," explores potential trajectories under various interest rate scenarios.

Kimmel highlights a concerning trend: since 2016, federal deficit spending has broken its decades-long pattern of shrinking during economic expansions. This persistence raises the risk of deeper debt-funded deficits in future recessions. The paper also notes that major institutions like the Congressional Budget Office and International Monetary Fund have issued cautionary statements on the sustainability of the U.S. government's fiscal path.

DoubleLine Income Solutions Fund (NYSE: DSL) announced a monthly distribution of $0.11 per share for July 2024. Key dates include the declaration on July 1, 2024, ex-dividend and record date on July 17, 2024, and payment on July 31, 2024. The distribution may consist of ordinary income, long-term capital gains, or return of capital. The fund will provide shareholders with a Form 1099-DIV in early 2025 for tax reporting.

The DoubleLine Opportunistic Credit Fund, traded on the NYSE under the symbol DBL, declared a distribution of $0.11 per share for July 2024. Key dates are as follows: declaration date on July 1, 2024; ex-dividend and record date on July 17, 2024; and payment date on July 31, 2024. The distributions may include ordinary income, long-term capital gains, or return of capital, which will be detailed on a Form 1099-DIV sent to shareholders in early 2025 for tax reporting purposes.

The DoubleLine Income Solutions Fund (DSL) announced a distribution of $0.11 per share for June 2024. The key dates are as follows: Declaration on June 3, Ex-Dividend on June 12, Record on June 12, and Payment on June 28. The distribution may comprise ordinary income, long-term capital gains, or return of capital. Shareholders will receive Form 1099-DIV in early 2025 for tax reporting purposes. For detailed tax characteristics, contact the Fund post-distribution payment date.

The DoubleLine Yield Opportunities Fund, traded on the NYSE under the symbol DLY, announced a declared distribution of $0.1167 per share for June 2024.

The distribution schedule is as follows: Declaration date - June 3, 2024; Ex-Dividend date - June 12, 2024; Record date - June 12, 2024; Payment date - June 28, 2024.

This announcement specifies the amount and timing of the distribution, but not the tax implications. The final tax characteristics will be determined at year-end, with shareholders receiving a Form 1099-DIV in early 2025 to aid in tax reporting.