DoubleLine Opportunistic Credit Fd (DBL)
Frequently Asked Questions About DoubleLine Opportunistic Credit Fd (DBL)
Are there any tax implications associated with investing in DBL?
Investing in the DoubleLine Opportunistic Credit Fund may have tax implications for investors, as income received from the fund may be subject to taxes based on individual tax situations. Dividends may be partially considered qualified, depending on the sources of the fund's income. Investors should consult a tax advisor for personalized tax advice related to their investments.
Can investors purchase DBL shares through a brokerage account?
Yes, investors can easily purchase shares of DoubleLine Opportunistic Credit Fund through most brokerage accounts, as it is listed on the New York Stock Exchange under the ticker symbol DBL. This provides individual investors with a straightforward way to gain exposure to the fund's diversified portfolio of fixed-income securities.
Does DBL pay dividends, and how are they funded?
Yes, DoubleLine Opportunistic Credit Fund pays dividends to its shareholders, typically on a monthly basis. These dividends are primarily funded through the income generated by the fund's portfolio of fixed-income securities, including interest payments from bonds and other income-producing assets. Occasionally, a portion of the dividends may also be classified as a return of capital.
How is DBL's performance measured?
The performance of the DoubleLine Opportunistic Credit Fund is typically measured using total return metrics, which consider both income generated (dividends) and any changes in the net asset value (NAV) of the fund's shares. Investors also compare DBL's performance against appropriate benchmarks and indices relevant to its investment strategy to gauge its effectiveness.
How often does DBL provide performance reports?
DoubleLine Opportunistic Credit Fund typically provides performance reports on a regular basis, often quarterly. These reports contain valuable information regarding the fund's performance, portfolio composition, market outlook, and other key indicators that help investors assess the fund's management and strategy over time.
Is DBL a closed-end fund?
Yes, DoubleLine Opportunistic Credit Fund is classified as a closed-end fund. This means that it has a fixed number of shares that are traded on the stock exchange, and it does not continuously issue new shares or redeem existing shares like an open-end mutual fund. Investors buy and sell shares of DBL on the secondary market, which can lead to price fluctuations based on supply and demand.
Is DBL an option for retirement accounts?
Yes, shares of the DoubleLine Opportunistic Credit Fund can be held in tax-advantaged retirement accounts, such as IRAs or 401(k) plans, as long as the brokerage firm offers it as an investment option. This allows investors to potentially benefit from the fund's income and growth over time while deferring taxes on any gains.
What are the primary factors influencing DBL's investment decisions?
The investment decisions made by the DoubleLine Opportunistic Credit Fund are influenced by various factors, including economic indicators, credit market conditions, interest rate trends, and company-specific fundamentals. The management team conducts thorough research and analysis to identify the best opportunities while also considering potential risks within the evolving market landscape.
What are the risks associated with investing in DBL?
Investing in the DoubleLine Opportunistic Credit Fund carries various risks, including interest rate risk, credit risk, and market risk. Interest rate fluctuations can impact the value of fixed-income securities, while credit risk pertains to the potential for defaults among issuers. Market risk reflects the overall volatility and performance of the financial markets, all of which can affect the fund's returns.
What does DoubleLine Opportunistic Credit Fund (NYSE:DBL) do?
DoubleLine Opportunistic Credit Fund (NYSE:DBL) is a closed-end fund that primarily invests in a diversified portfolio of fixed-income securities. The fund employs an opportunistic investment strategy, focusing on various credit sectors, such as corporate bonds, asset-backed securities, and mortgage-backed securities. The goal of the fund is to provide attractive risk-adjusted returns through both current income and capital appreciation.
What is the distribution policy of DBL?
The DoubleLine Opportunistic Credit Fund has a distribution policy that aims to provide regular income to its shareholders. The fund typically distributes dividends on a monthly basis, which may include both income earned from its investments and return of capital. Investors should review the fund's distribution history to understand the consistency and patterns of payouts.
What is the expense ratio of DBL?
The expense ratio of the DoubleLine Opportunistic Credit Fund is an important factor for investors to consider, as it represents the annual fees and expenses expressed as a percentage of the fund's average net assets. This ratio reflects the costs associated with managing the fund and can impact overall investment returns. Investors should check the company's official documents for the latest expense ratio.
What is the history behind DoubleLine Capital?
DoubleLine Capital was founded in 2009 by Jeffrey Gundlach and a team of experienced investment professionals. The firm was established with a focus on fixed-income investments, leveraging its founders' expertise in credit markets following the global financial crisis. Since its inception, DoubleLine has gained recognition for its innovative investment strategies and strong performance.
What is the investment objective of DBL?
The primary investment objective of the DoubleLine Opportunistic Credit Fund is to seek high total return, consistent with capital preservation. The fund aims to achieve this by investing in a wide variety of credit securities across different sectors, while maintaining a focus on risk management to mitigate potential losses.
What is the minimum investment required for DBL?
The minimum investment required to purchase shares of the DoubleLine Opportunistic Credit Fund may vary depending on the brokerage firm and whether it is held in a standard or retirement account. Generally, there is no minimum when purchasing shares on the open market, but investors should consult their brokerage for specific details regarding any applicable minimums.
What types of securities does DBL invest in?
DBL invests in a diverse array of fixed-income securities, including corporate bonds, government bonds, mortgage-backed securities, asset-backed securities, and high-yield debt. This diversification helps the fund to optimize its risk-return profile while capturing opportunities across different segments of the credit market.
Where can I find more information about DBL?
Investors can find more information about the DoubleLine Opportunistic Credit Fund on the official DoubleLine Capital website. The site provides detailed resources including fund fact sheets, performance reports, shareholder letters, and other educational materials that can help investors understand the fund's strategy and objectives.
Who are the key team members at DoubleLine Capital?
DoubleLine Capital boasts a team of experienced investment professionals, led by founder Jeffrey Gundlach, who is often referred to as the 'Bond King' for his deep knowledge of fixed-income markets. The firm's team includes analysts and portfolio managers with expertise across various sectors, ensuring a thorough and informed approach to investment decision-making.
Who manages DoubleLine Opportunistic Credit Fund?
DoubleLine Opportunistic Credit Fund is managed by DoubleLine Capital LP, a well-regarded investment management firm. Founded by Jeffrey Gundlach, the firm is known for its expertise in fixed-income investments and has a reputation for delivering strong performance through rigorous research and a disciplined investment approach.
What is the current price of DoubleLine Opportunistic Credit Fd?
The current price of DoubleLine Opportunistic Credit Fd is 15.10
When was DoubleLine Opportunistic Credit Fd last traded?
The last trade of DoubleLine Opportunistic Credit Fd was at 7:00 pm EDT on April 7th, 2025