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DoubleLine Opportunistic Credit Fund (DBL)

Taxable Bond Funds - Multisector Bond Funds

Data as of March 24, 2023
Market Price $14.07 (- $0.03)
NAV (March 24, 2023) $14.62 ( $0.00)
Fund Listed NYSE
Premium / Discount -3.76% (-0.21%)
Fund Info
Inception Jan. 27, 2012
Sponsor Doubleline Capital
Website https://doubleline.com...
Phone 877-354-6311
Location California
Incorporated Massachusetts
Staggered Board Yes
Objective: High current income and capital appreciation; income-producing and debt securities
Related Indexes
Multisector Bond Fund Index
Premium CEF/BDC Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 15,691,202
Total Assets (Reported: Sept. 30, 2022) $275M
Estimated Total Assets $277M
Net Assets $229M
Market Cap $221M
Portfolio Turnover 25.00%
Total Leverage 17.16%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.72%
Non Lev Exp Ratio 1.38%
Rel Lev Cost 1.66%
Discount Data
Average Discount (3 Yr) -0.20%
Discount Low(3 Yr) -7.39%
Discount High(3 Yr) 4.55%
Discount Rel Range (3 Yr) 30.39%
Comp Discount 1.04
Discount St Dev (1Yr) 2.69
Z-Stat (6mo) -2.25
Z-Stat (1Yr) -1.05
Z-Stat (3Yr) -1.57
Comp Z-Stat (6mo) -1.44
Comp Z-Stat (3Yr) -0.76
Distribution Data
Market Yield 9.38%
Income Yield 2.47%
Lev Adj NAV Yield 7.71%
Distribution Frequency M
Current Distribution $0.110
Current Income $0.029
Ex-Date 3/15/23
Payable Date 3/31/23
Div Growth (3yr) 0.00%
Dividend Change -34.1% on 12/3/18
Expected Div 4/3/23
RoC (1yr) 42.65%
RoC (3yr) 13.02%
Tax Dividend Data 2021 2019 - 2021
Income 100% 100%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $848
Avg Volume 30 day 48,513
Avg Volume 90 day 60,243
Volume Trend -19.47%
Comp Volume Trend -16.29%
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): WDI 54.0%
NAV - Price Correlation (30 d) 26.1%
NAV - Price Correlation (90 d) 87.0%
NAV - Price Correlation (1 Yr) 90.4%
Price St Dev (1Yr) 18.1%
NAV St Dev (1Yr) 6.1%
Earnings / Share (9/30/22) $0.067
Earn Coverage 61.27%
Earnings Trend Down
UNII / Share (9/30/22) $0.066
Rel UNII 19.02
UNII Trend Down
Bond Specific Data
Maturity 5.52
Duration 2.69
Credit Rating (rbo) BB
Investment Grade 51.87%
Non Investment Grade 36.70%
Unrated Bonds 11.44%
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.

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