Company Description
DoubleLine Opportunistic Credit Fund (DBL) operates as a closed-end management investment company focused on opportunistic credit investments. The fund is listed on the New York Stock Exchange under the symbol DBL and has an investment objective of seeking a high total investment return by providing a high level of current income and the potential for capital appreciation.
The fund’s investment program centers on fixed-income and credit instruments. Its portfolio may include debt securities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments. This structure gives the fund exposure to multiple parts of the credit markets rather than a single borrower type or debt category.
As a closed-end fund, DBL issues common shares that trade on an exchange and may trade at prices above or below the fund’s net asset value. The fund’s market price is determined in secondary-market trading, while net asset value reflects the value of the underlying portfolio. Closed-end fund shares frequently trade at a discount to net asset value, and the fund discloses that this feature can affect shareholder outcomes.
Distributions are a recurring element of DBL’s fund structure. The Board of Trustees declares distributions and sets related declaration, ex-dividend, record, and payment dates. Fund distributions may include ordinary income, long-term capital gains, or return of capital, with the final tax characterization determined after the close of the taxable year and reported to shareholders on Form 1099-DIV.
DBL’s governance framework is administered through a Board of Trustees and shareholder voting matters. Proxy materials for the fund cover trustee elections and other matters presented to common shareholders, and DBL may participate in joint annual meeting materials with other DoubleLine closed-end funds.
Stock Performance
Doubleline Opportunistic Credit Fund (DBL) stock last traded at $14.39. Over the past 12 months, the stock has lost 8.5%, ranking #1,427 in 52-week price change. At a market capitalization of $283.9M, DBL is classified as a micro-cap stock with approximately 18.3M shares outstanding.
DBL Rankings
Latest News
Doubleline Opportunistic Credit Fund has 10 recent news articles, with the latest published 6 days ago. Of the recent coverage, 3 articles coincided with positive price movement and 7 with negative movement. View all DBL news →
SEC Filings
Doubleline Opportunistic Credit Fund has filed 5 recent SEC filings, including 4 Form 3, 1 Form DEF 14A. The most recent filing was submitted on March 31, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all DBL SEC filings →
Financial Highlights
Upcoming Events
Ex-dividend & record date
Dividend payment date
Tax reporting (Form 1099-DIV)
1099-DIV tax reporting
Form 1099-DIV reporting period
1099-DIV tax info available
Form 1099-DIV issuance
Doubleline Opportunistic Credit Fund has 7 upcoming scheduled events. The next event, "Ex-dividend & record date", is scheduled for June 17, 2026 (in 9 days). 7 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the DBL stock price.
Short Interest History
Short interest in Doubleline Opportunistic Credit Fund (DBL) currently stands at 24.5 thousand shares, up 1.3% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has decreased by 92.4%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Doubleline Opportunistic Credit Fund (DBL) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 81.7% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 9.7 days.
DBL Company Profile & Sector Positioning
Doubleline Opportunistic Credit Fund (DBL) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, DBL ranks #185 by dividend yield. In monthly performance, the stock ranks #1,534 among all tracked companies.
Investors comparing DBL often look at related companies in the same sector, including Invesco Municipal Income Opportunities Trust (OIA), Templeton Emerging Markets Income Fund (TEI), BlackRock Income Trust (BKT), Allspring Multi-Sector Income Fund (ERC), and Cohen & Steers Select Preferred and Income Fund (PSF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate DBL's relative position within its industry.