DoubleLine Income Solutions Fund (DSL) To Go Ex-Dividend on February 18th

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Wednesday, February 18th will be given a dividend of 0.11 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend is Wednesday, February 18th.

DoubleLine Income Solutions Fund Price Performance

Shares of NYSE DSL opened at $11.49 on Wednesday. DoubleLine Income Solutions Fund has a one year low of $10.58 and a one year high of $12.92. The firm has a fifty day moving average of $11.31 and a 200 day moving average of $11.79.

Institutional Trading of DoubleLine Income Solutions Fund

A number of institutional investors have recently made changes to their positions in DSL. Eastern Bank acquired a new position in DoubleLine Income Solutions Fund in the 3rd quarter valued at $37,000. Gridiron Partners LLC raised its position in shares of DoubleLine Income Solutions Fund by 2,073.2% in the third quarter. Gridiron Partners LLC now owns 415,869 shares of the company’s stock valued at $51,000 after buying an additional 396,733 shares during the last quarter. CX Institutional purchased a new position in shares of DoubleLine Income Solutions Fund in the third quarter worth about $63,000. Ameritas Advisory Services LLC acquired a new position in DoubleLine Income Solutions Fund during the second quarter worth about $70,000. Finally, Advisory Services Network LLC purchased a new stake in DoubleLine Income Solutions Fund during the 3rd quarter valued at about $86,000.

About DoubleLine Income Solutions Fund

The DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company designed to deliver high current income and total return. The fund seeks to achieve its investment objective through monthly distributions of interest and dividend income, with the potential for capital appreciation. It trades on the New York Stock Exchange, offering investors convenient access to a diversified portfolio of fixed-income securities within a single listed vehicle.

The fund’s portfolio typically comprises a multi-sector mix of fixed-income instruments, including corporate bonds, mortgage-backed securities, asset-backed securities, municipal debt and emerging-market bonds.