CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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DoubleLine Opportunistic Credit Fund (DBL)

Taxable Bond Funds - Multisector Bond Funds

Data as of April 3, 2020
Market Price $16.17 (- $0.23)
NAV (April 3, 2020) $17.03 (- $0.10)
Premium / Discount -5.05% (-0.79%)
Fund Info
Inception Jan. 27, 2012
Sponsor Doubleline Capital
Website https://doublelinefund...
Phone 877-354-6311
Objective: High current income and capital appreciation; income-producing and debt securities
Related Indexes
Multisector Bond Fund Index
US Bond Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 14,932,560
Total Assets (Reported: Sept. 30, 2019) $392M
Estimated Total Assets $254M
Net Assets $254M
Market Cap $241M
Purchases Turnover 29.22%
Sales Turnover 30.52%
Total Leverage 19.30%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 2.28%
Non Lev Exp Ratio 1.49%
Rel Lev Cost 3.24%
Discount Data
Average Discount (3 Yr) 2.73%
Discount Low(3 Yr) -19.96%
Discount High(3 Yr) 17.77%
Discount Rel Range 39.52%
Comp Discount 1.90
Discount St Dev (1Yr) 2.10
Z-Stat (6mo) -1.63
Z-Stat (1Yr) -2.27
Z-Stat (3Yr) -1.72
Comp Z-Stat (6mo) 0.07
Comp Z-Stat (3Yr) 0.08
Distribution Data
Market Yield 8.16%
Income Yield 8.16%
Lev Adj NAV Yield 6.50%
Distribution Frequency M
Current Distribution $0.110
Current Income $0.110
Ex-Date 4/15/20
Payable Date 4/30/20
Div Growth (3yr) -34.13%
Dividend Change -34.1% on 12/3/18
Expected Div 5/1/20
RoC (1yr) 7.66%
RoC (3yr) 13.70%
Volume & Liquidity
Average Daily $ (M) $1,678
Avg Volume 30 day 183,334
Avg Volume 90 day 103,803
Volume Trend 76.62%
Comp Volume Trend 28.06%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Multisector Bond Fund Index
Most Correlated Peer (Mk Pr): PCI 87.0%
NAV - Price Correlation (30 d) 85.1%
NAV - Price Correlation (90 d) 90.5%
NAV - Price Correlation (1 Yr) 90.5%
Price St Dev (1Yr) 28.6%
NAV St Dev (1Yr) 8.2%
Earnings / Share (9/30/19) $0.107
Earn Coverage 97.18%
Earnings Trend Down
UNII / Share (9/30/19) $0.116
Rel UNII 8.82
UNII Trend Down
Bond Specific Data
Maturity 5.67
Duration 4.43
Credit Rating (rbo) B
Investment Grade 8.43%
Non Investment Grade 17.04%
Unrated Bonds 74.54%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Multisector Bond Fund Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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