Doubleline Opportunistic Credit Fund (DBL) Given Coverage Optimism Rating of 0.08

Media headlines about Doubleline Opportunistic Credit Fund (NYSE:DBL) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Doubleline Opportunistic Credit Fund earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 47.1404581425296 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Doubleline Opportunistic Credit Fund (NYSE DBL) opened at 24.25 on Friday. The stock’s 50 day moving average is $24.84 and its 200 day moving average is $24.39. Doubleline Opportunistic Credit Fund has a 12-month low of $22.52 and a 12-month high of $27.74.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Friday, August 18th will be paid a dividend of $0.167 per share. This represents a $2.00 annualized dividend and a yield of 8.26%. The ex-dividend date is Wednesday, August 16th.

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About Doubleline Opportunistic Credit Fund

DoubleLine Opportunistic Credit Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments.

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