DoubleLine Yield Opportunities Fund (NYSE:DLY – Get Free Report) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Wednesday, August 19th will be given a dividend of 0.1167 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Wednesday, August 19th.
DoubleLine Yield Opportunities Fund Price Performance
NYSE DLY opened at $14.22 on Monday. DoubleLine Yield Opportunities Fund has a 12 month low of $13.51 and a 12 month high of $15.72. The stock’s fifty day moving average price is $13.99 and its 200-day moving average price is $14.16.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Sunbelt Securities Inc. grew its holdings in shares of DoubleLine Yield Opportunities Fund by 125.9% during the third quarter. Sunbelt Securities Inc. now owns 2,259 shares of the company’s stock valued at $34,000 after buying an additional 1,259 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in DoubleLine Yield Opportunities Fund during the 4th quarter valued at $59,000. Moors & Cabot Inc. bought a new stake in shares of DoubleLine Yield Opportunities Fund in the 3rd quarter worth $154,000. Cerity Partners LLC purchased a new position in shares of DoubleLine Yield Opportunities Fund in the second quarter worth $156,000. Finally, Adalta Capital Management LLC bought a new position in shares of DoubleLine Yield Opportunities Fund during the fourth quarter valued at $189,000.
DoubleLine Yield Opportunities Fund Company Profile
DoubleLine Yield Opportunities Fund (NYSE: DLY) is an actively managed closed-end interval fund designed to deliver total return through a diversified portfolio of fixed income securities. Since its introduction in mid-2021, the fund has sought to generate income and capital appreciation by investing across a broad spectrum of credit markets, including corporate debt, asset-backed and mortgage-backed securities, emerging markets debt, and other income-oriented instruments.
The fund’s primary investment strategy emphasizes rigorous credit analysis and sector diversification.
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