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

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Wednesday, January 14th will be given a dividend of 0.11 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 11.7%. The ex-dividend date is Wednesday, January 14th.

DoubleLine Income Solutions Fund Stock Performance

DSL stock traded down $0.03 during trading hours on Friday, reaching $11.24. The stock had a trading volume of 1,008,312 shares, compared to its average volume of 490,559. The stock has a 50-day simple moving average of $11.38 and a 200 day simple moving average of $11.93. DoubleLine Income Solutions Fund has a fifty-two week low of $10.58 and a fifty-two week high of $12.92.

DoubleLine Income Solutions Fund Company Profile

The DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company designed to deliver high current income and total return. The fund seeks to achieve its investment objective through monthly distributions of interest and dividend income, with the potential for capital appreciation. It trades on the New York Stock Exchange, offering investors convenient access to a diversified portfolio of fixed-income securities within a single listed vehicle.

The fund’s portfolio typically comprises a multi-sector mix of fixed-income instruments, including corporate bonds, mortgage-backed securities, asset-backed securities, municipal debt and emerging-market bonds.