NYSE:DBL - Doubleline Opportunistic Credit Fund Stock Price, Price Target & More

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$20.67 +0.10 (+0.49 %)
(As of 05/23/2018 04:00 PM ET)
Previous Close$20.57
Today's Range$20.55 - $20.74
52-Week Range$20.48 - $26.09
Volume75,700 shs
Average Volume76,427 shs
Market Capitalization$331.08 million
P/E RatioN/A
Dividend Yield9.07%
Beta-0.11

About Doubleline Opportunistic Credit Fund (NYSE:DBL)

DoubleLine Opportunistic Credit Fund is a non-diversified closed-end management investment company. The Fund's investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments. In addition, the Fund may invest in other asset classes and investments such as, among others, real estate investment trusts (REITs), credit default swaps, short sales, derivatives and smaller companies. DoubleLine Capital LP is the investment advisor of the Fund.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:DBL
CUSIPN/A
Phone+1-213-6338200

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares14,860,000

Doubleline Opportunistic Credit Fund (NYSE:DBL) Frequently Asked Questions

What is Doubleline Opportunistic Credit Fund's stock symbol?

Doubleline Opportunistic Credit Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "DBL."

How often does Doubleline Opportunistic Credit Fund pay dividends? What is the dividend yield for Doubleline Opportunistic Credit Fund?

Doubleline Opportunistic Credit Fund declared a monthly dividend on Wednesday, May 2nd. Investors of record on Thursday, May 17th will be paid a dividend of $0.167 per share on Thursday, May 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.70%. The ex-dividend date of this dividend is Wednesday, May 16th. View Doubleline Opportunistic Credit Fund's Dividend History.

Who are Doubleline Opportunistic Credit Fund's key executives?

Doubleline Opportunistic Credit Fund's management team includes the folowing people:
  • Ronald R. Redell, Chairman of the Board, President, Chief Executive Officer, Trustee (Age 47)
  • Susan Nichols, Treasurer and Principal Financial and Accounting Officer (Age 55)
  • Keith T. Kirk, Chief Compliance Officer (Age 54)
  • Earl A. Lariscy, Vice President, Assistant Secretary (Age 51)
  • Cris Santa Ana, Vice President (Age 52)
  • David Kennedy, Vice President (Age 53)
  • Jeffrey J. Sherman, Vice President (Age 40)
  • Patrick A. Townzen, Vice President (Age 39)
  • Grace Walker, Assistant Treasurer (Age 47)
  • Louis C. Lucido, Secretary (Age 69)

Has Doubleline Opportunistic Credit Fund been receiving favorable news coverage?

Media headlines about DBL stock have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Doubleline Opportunistic Credit Fund earned a news sentiment score of 0.22 on Accern's scale. They also gave media headlines about the investment management company an impact score of 47.88 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Doubleline Opportunistic Credit Fund's major shareholders?

Doubleline Opportunistic Credit Fund's stock is owned by many different of institutional and retail investors. Top institutional investors include UBS Group AG (2.04%), Apriem Advisors (1.71%), LPL Financial LLC (0.54%), Cambridge Investment Research Advisors Inc. (0.49%), Ladenburg Thalmann Financial Services Inc. (0.46%) and Wells Fargo & Company MN (0.36%). Company insiders that own Doubleline Opportunistic Credit Fund stock include Halina Barbara Mcgregor, Kerry Knoll and Parviz Farsangi. View Institutional Ownership Trends for Doubleline Opportunistic Credit Fund.

Which major investors are selling Doubleline Opportunistic Credit Fund stock?

DBL stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Ladenburg Thalmann Financial Services Inc., Mariner Investment Group LLC, Apriem Advisors, Commonwealth Equity Services LLC, Wells Fargo & Company MN, Essex Financial Services Inc. and Royal Bank of Canada. View Insider Buying and Selling for Doubleline Opportunistic Credit Fund.

Which major investors are buying Doubleline Opportunistic Credit Fund stock?

DBL stock was acquired by a variety of institutional investors in the last quarter, including LPL Financial LLC, BB&T Securities LLC, Citadel Advisors LLC and Cambridge Investment Research Advisors Inc.. Company insiders that have bought Doubleline Opportunistic Credit Fund stock in the last two years include Halina Barbara Mcgregor, Kerry Knoll and Parviz Farsangi. View Insider Buying and Selling for Doubleline Opportunistic Credit Fund.

How do I buy shares of Doubleline Opportunistic Credit Fund?

Shares of DBL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Doubleline Opportunistic Credit Fund's stock price today?

One share of DBL stock can currently be purchased for approximately $20.67.

How big of a company is Doubleline Opportunistic Credit Fund?

Doubleline Opportunistic Credit Fund has a market capitalization of $331.08 million.

How can I contact Doubleline Opportunistic Credit Fund?

Doubleline Opportunistic Credit Fund's mailing address is 333 S Grand Ave Fl 18, LOS ANGELES, CA 90071-1504, United States. The investment management company can be reached via phone at +1-213-6338200.


MarketBeat Community Rating for Doubleline Opportunistic Credit Fund (DBL)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  141
MarketBeat's community ratings are surveys of what our community members think about Doubleline Opportunistic Credit Fund and other stocks. Vote "Outperform" if you believe DBL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DBL will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Doubleline Opportunistic Credit Fund (NYSE:DBL) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/23/2016 forward)

Earnings

Dividends

Doubleline Opportunistic Credit Fund (NYSE:DBL) Dividend Information

Doubleline Opportunistic Credit Fund pays an annual dividend of $2.00 per share, with a dividend yield of 9.68%. DBL's next monthly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$2.00
Dividend Yield:9.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for Doubleline Opportunistic Credit Fund (NYSE:DBL)

Doubleline Opportunistic Credit Fund (NYSE:DBL) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2018monthly$0.16709.58%5/16/20185/17/20185/31/2018
4/2/2018Monthly$0.16709.27%4/18/20184/19/20184/30/2018
3/1/2018Monthly$0.16709.24%3/14/20183/15/20183/29/2018
2/1/2018Monthly$0.16709.28%2/14/20182/15/20182/28/2018
1/2/2018Monthly$0.16708.94%1/17/20181/18/20181/31/2018
12/4/2017monthly$0.16709.04%12/13/201712/14/201712/29/2017
11/1/2017Monthly$0.16708.71%11/15/201711/16/201711/30/2017
10/2/2017Monthly$0.16708.46%10/11/201710/12/201710/31/2017
9/1/2017Monthly$0.16708.18%9/13/20179/14/20179/29/2017
8/2/2017monthly$0.16708.03%8/16/20178/18/20178/31/2017
7/3/2017monthly$0.16707.87%7/12/20177/14/20177/31/2017
6/1/2017monthly$0.16707.85%6/14/20176/16/20176/30/2017
5/1/2017monthly$0.16708.17%5/10/20175/12/20175/31/2017
4/4/2017monthly$0.16708.35%4/19/20174/21/20174/28/2017
3/2/2017monthly$0.16708.48%3/15/20173/17/20173/31/2017
2/1/2017monthly$0.16708.64%2/15/20172/17/20172/28/2017
1/4/2017$0.16701/11/20171/13/20171/31/2017
12/2/2016$0.167012/14/201612/16/201612/30/2016
11/2/2016$0.167011/9/201611/14/201611/30/2016
10/3/2016$0.167010/12/201610/14/201610/31/2016
9/1/2016$0.16709/14/20169/16/20169/30/2016
8/1/2016$0.16708/10/20168/12/20168/31/2016
7/1/2016Monthly$0.16707/13/20167/15/20167/29/2016
7/2/2015monthly$0.16708.52%7/15/20157/17/20157/31/2015
6/2/2015monthly$0.16708.39%6/17/20156/19/20156/30/2015
5/4/2015monthly$0.16708%5/13/20155/15/20155/29/2015
4/2/2015monthly$0.16707.99%4/15/20154/17/20154/30/2015
3/3/2015monthly$0.16707.79%3/11/20153/13/20153/31/2015
2/3/2015monthly$0.16707.56%2/11/20152/13/20152/27/2015
1/5/2015monthly$0.16707.97%1/14/20151/16/20151/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Doubleline Opportunistic Credit Fund (NYSE DBL) Insider Trading and Institutional Ownership History

Insider Trading History for Doubleline Opportunistic Credit Fund (NYSE:DBL)
Institutional Ownership by Quarter for Doubleline Opportunistic Credit Fund (NYSE:DBL)

Doubleline Opportunistic Credit Fund (NYSE DBL) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/10/2017Kerry KnollDirectorBuy100,000$0.25$25,000.00
5/4/2017Halina Barbara McgregorInsiderBuy2,000$0.26$520.00
3/16/2017Halina Barbara McgregorInsiderBuy5,000$0.33$1,650.00
3/15/2017Halina Barbara McgregorInsiderBuy3,000$0.33$990.00
3/14/2017Parviz FarsangiDirectorBuy100,000$0.38$38,000.00
11/27/2015Jamie LevyDirectorBuy27,000$0.0150$405.00
11/26/2015Jamie LevyDirectorBuy150,000$0.0150$2,250.00
11/25/2015Jamie LevyDirectorBuy24,000$0.0150$360.00
11/24/2015Jamie LevyDirectorBuy185,000$0.0150$2,775.00
6/3/2015Matthew Edward BacaInsiderSell1,788$23.89$42,715.32View SEC Filing  
4/24/2015Jamie LevyDirectorBuy100,000$0.04$4,000.00
4/21/2015Jamie LevyDirectorBuy100,000$0.0450$4,500.00
1/20/2015Jamie LevyDirectorBuy20,400$0.0640$1,305.60
1/19/2015Jamie LevyDirectorBuy9,000$0.05$450.00
12/31/2014Jamie LevyDirectorBuy25,000$0.07$1,750.00
(Data available from 1/1/2013 forward)

Headlines

Doubleline Opportunistic Credit Fund (NYSE DBL) News Headlines

Source:
DateHeadline
Doubleline Opportunistic Credit Fund (DBL) Announces Monthly Dividend of $0.17Doubleline Opportunistic Credit Fund (DBL) Announces Monthly Dividend of $0.17
www.americanbankingnews.com - May 2 at 7:00 PM
Doubleline Opportunistic Credit Fund Declares Monthly Dividend of $0.17 (DBL)Doubleline Opportunistic Credit Fund Declares Monthly Dividend of $0.17 (DBL)
www.americanbankingnews.com - April 3 at 9:50 AM
DoubleLine Opportunistic Credit Fund Declares April DistributionDoubleLine Opportunistic Credit Fund Declares April Distribution
finance.yahoo.com - April 2 at 10:11 AM
Doubleline Opportunistic Credit Fund (DBL) Announces $0.17 Monthly DividendDoubleline Opportunistic Credit Fund (DBL) Announces $0.17 Monthly Dividend
www.americanbankingnews.com - February 2 at 10:28 AM
DoubleLine Opportunistic Credit Fund Declares February DistributionDoubleLine Opportunistic Credit Fund Declares February Distribution
finance.yahoo.com - February 1 at 9:04 AM
Doubleline Opportunistic Credit Fund to Issue Monthly Dividend of $0.17 (DBL)Doubleline Opportunistic Credit Fund to Issue Monthly Dividend of $0.17 (DBL)
www.americanbankingnews.com - January 3 at 10:12 AM
Jeffrey Gundlach to Hold Webcast Today on the DoubleLine Total Return Bond FundJeffrey Gundlach to Hold Webcast Today on the DoubleLine Total Return Bond Fund
www.prnewswire.com - December 5 at 5:20 PM
DoubleLine Opportunistic Credit Fund Declares December DistributionDoubleLine Opportunistic Credit Fund Declares December Distribution
www.bizjournals.com - December 2 at 9:54 AM
Webcast on DoubleLine Shiller Enhanced CAPE® and Enhanced International CAPE® Mutual FundsWebcast on DoubleLine Shiller Enhanced CAPE® and Enhanced International CAPE® Mutual Funds
www.prnewswire.com - November 14 at 6:20 PM
Doubleline Opportunistic Credit Fund (DBL) Declares $0.17 Monthly DividendDoubleline Opportunistic Credit Fund (DBL) Declares $0.17 Monthly Dividend
www.americanbankingnews.com - November 2 at 10:57 AM
DoubleLine Opportunistic Credit Fund Declares September 2017 DistributionDoubleLine Opportunistic Credit Fund Declares September 2017 Distribution
www.bizjournals.com - September 2 at 10:08 PM
Corrected Record Date: DoubleLine Opportunistic Credit Declares September DistributionCorrected Record Date: DoubleLine Opportunistic Credit Declares September Distribution
finance.yahoo.com - September 1 at 6:05 PM
DoubleLine Opportunistic Credit Fund Declares August 2017 DistributionDoubleLine Opportunistic Credit Fund Declares August 2017 Distribution
www.bizjournals.com - August 1 at 11:32 PM
Doubleline Opportunistic Credit Fund (NYSE:DBL) Announces Monthly Dividend of $0.17Doubleline Opportunistic Credit Fund (NYSE:DBL) Announces Monthly Dividend of $0.17
www.americanbankingnews.com - July 7 at 8:52 PM
DoubleLine Opportunistic Credit Fund Declares July 2017 DistributionDoubleLine Opportunistic Credit Fund Declares July 2017 Distribution
finance.yahoo.com - July 3 at 5:43 PM
DoubleLine Opportunistic Credit Fund Declares May 2017 DistributionDoubleLine Opportunistic Credit Fund Declares May 2017 Distribution
www.bizjournals.com - May 2 at 3:07 PM
RiverNorth And DoubleLine Release New Strategic Bond CEFRiverNorth And DoubleLine Release New Strategic Bond CEF
seekingalpha.com - October 18 at 9:36 AM
CEF 101: Dont Buy Funds At Abnormal PremiumsCEF 101: Don't Buy Funds At Abnormal Premiums
seekingalpha.com - October 17 at 9:34 AM
DOUBLELINE OPPORTUNISTIC CREDIT FUND Files SEC form 8-K, Other EventsDOUBLELINE OPPORTUNISTIC CREDIT FUND Files SEC form 8-K, Other Events
biz.yahoo.com - September 6 at 9:29 PM
Doubleline Opportunistic Credit Fund declares $0.167 dividendDoubleline Opportunistic Credit Fund declares $0.167 dividend
seekingalpha.com - September 1 at 4:29 PM
DSL: DoubleLines Red-Headed Step ChildDSL: DoubleLine's Red-Headed Step Child
seekingalpha.com - June 29 at 4:32 PM

SEC Filings

Doubleline Opportunistic Credit Fund (NYSE:DBL) SEC Filings

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Social Media

Financials

Doubleline Opportunistic Credit Fund (NYSE:DBL) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Doubleline Opportunistic Credit Fund (NYSE DBL) Stock Chart for Wednesday, May, 23, 2018

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This page was last updated on 5/23/2018 by MarketBeat.com Staff

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