DoubleLine Income Solutions Fund (NYSE:DSL – Get Free Report) announced a monthly dividend on Friday, May 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of 0.11 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 11.9%. The ex-dividend date of this dividend is Wednesday, May 13th.
DoubleLine Income Solutions Fund Price Performance
Shares of NYSE:DSL opened at $11.13 on Monday. The company’s fifty day moving average is $11.01 and its two-hundred day moving average is $11.27. DoubleLine Income Solutions Fund has a 12-month low of $10.49 and a 12-month high of $12.67.
DoubleLine Income Solutions Fund Company Profile
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.
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