DoubleLine Income Solutions Fund Declares Monthly Dividend of $0.11 (NYSE:DSL)

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be given a dividend of 0.11 per share on Wednesday, April 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.54%. The ex-dividend date of this dividend is Wednesday, April 16th.

DoubleLine Income Solutions Fund Price Performance

NYSE DSL traded down $0.05 on Wednesday, hitting $12.52. 390,269 shares of the stock traded hands, compared to its average volume of 397,845. The business’s fifty day moving average is $12.69 and its two-hundred day moving average is $12.71. DoubleLine Income Solutions Fund has a 12 month low of $11.85 and a 12 month high of $13.24.

DoubleLine Income Solutions Fund Company Profile

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises.