DoubleLine Yield Opportunities Fund Plans Monthly Dividend of $0.12 (NYSE:DLY)

DoubleLine Yield Opportunities Fund (NYSE:DLY) declared a monthly dividend on Monday, April 1st, NASDAQ reports. Stockholders of record on Thursday, April 18th will be paid a dividend of 0.1167 per share on Tuesday, April 30th. This represents a $1.40 annualized dividend and a dividend yield of 9.29%. The ex-dividend date of this dividend is Wednesday, April 17th.

DoubleLine Yield Opportunities Fund has raised its dividend payment by an average of 11.7% per year over the last three years.

DoubleLine Yield Opportunities Fund Stock Down 1.6 %

Shares of DLY opened at $15.08 on Tuesday. The firm’s 50 day moving average is $15.67 and its 200-day moving average is $14.95. DoubleLine Yield Opportunities Fund has a 12-month low of $13.41 and a 12-month high of $16.00.

Hedge Funds Weigh In On DoubleLine Yield Opportunities Fund

Hedge funds have recently made changes to their positions in the business. MUFG Americas Holdings Corp acquired a new position in shares of DoubleLine Yield Opportunities Fund in the 3rd quarter worth approximately $67,000. Comerica Bank purchased a new position in shares of DoubleLine Yield Opportunities Fund in the third quarter worth approximately $149,000. Private Advisor Group LLC purchased a new position in shares of DoubleLine Yield Opportunities Fund in the first quarter worth approximately $182,000. Integrated Wealth Concepts LLC purchased a new position in shares of DoubleLine Yield Opportunities Fund in the third quarter worth approximately $184,000. Finally, Nomura Holdings Inc. purchased a new position in shares of DoubleLine Yield Opportunities Fund in the second quarter worth approximately $187,000.

DoubleLine Yield Opportunities Fund Company Profile

DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.

The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.

The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.