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DoubleLine Opportunistic Credit Fund Declares August 2025 Distribution of $0.11 Per Share
ByAinvest
Friday, Aug 1, 2025 9:03 am ET1min read
The DoubleLine Opportunistic Credit Fund has declared a distribution of $0.11 per share for August 2025. The ex-dividend, record, and payment dates are set for August 13, 2025, and August 29, 2025, respectively. The fund's investment objective is to seek high total investment return by providing a high level of current income and potential capital appreciation, with no guarantee of achieving its investment objective.
The DoubleLine Opportunistic Credit Fund (DBL) has announced a monthly distribution of $0.11 per share for August 2025. The key dates for this distribution include an ex-dividend date of August 13, 2025, a record date also on August 13, 2025, and a payment date set for August 29, 2025 [1][2].The fund, which is managed by DoubleLine Capital LP, is a diversified, closed-end management investment company. Its primary investment objective is to achieve high total investment returns through a combination of current income and potential capital appreciation. However, it is important to note that there is no guarantee that the fund will meet its investment objectives [2].
The distribution may include ordinary income, long-term capital gains, or return of capital. The final tax characteristics of the distributions will be determined at year-end, and shareholders will receive a Form 1099-DIV in early 2026 for tax reporting purposes [1][2].
Investors should be aware of the risks associated with investing in closed-end funds, such as the potential for principal loss and the possibility of shares trading at a discount to their net asset value. Additionally, investments in debt securities, including asset-backed and mortgage-backed securities, carry specific risks, including credit risk, prepayment risk, and default risk [2].
For more information about the DoubleLine Opportunistic Credit Fund, investors can access the Annual Report at www.doubleline.com or contact DoubleLine Capital LP at (813) 791-7333 or by email at [2].
References:
[1] https://www.stocktitan.net/news/DBL/double-line-opportunistic-credit-fund-declares-august-2025-iugng2yawayj.html
[2] https://www.prnewswire.com/news-releases/doubleline-opportunistic-credit-fund-declares-august-2025-distribution-302519364.html
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