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

DoubleLine Income Solutions Fund (NYSE:DSLGet Free Report) declared a monthly dividend on Monday, June 1st. Stockholders of record on Wednesday, June 17th will be given a dividend of 0.11 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend is Wednesday, June 17th.

DoubleLine Income Solutions Fund Price Performance

NYSE:DSL opened at $10.97 on Tuesday. DoubleLine Income Solutions Fund has a 12 month low of $10.49 and a 12 month high of $12.67. The company’s 50 day moving average is $10.93 and its 200-day moving average is $11.18.

Hedge Funds Weigh In On DoubleLine Income Solutions Fund

Institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of DoubleLine Income Solutions Fund in the third quarter valued at approximately $86,000. Blue Trust Inc. bought a new position in DoubleLine Income Solutions Fund during the fourth quarter worth $89,000. Transcend Capital Advisors LLC bought a new position in DoubleLine Income Solutions Fund during the fourth quarter worth $120,000. CIBC Bancorp USA Inc. bought a new position in DoubleLine Income Solutions Fund during the third quarter worth $123,000. Finally, Kestra Private Wealth Services LLC bought a new position in DoubleLine Income Solutions Fund during the first quarter worth $124,000.

About DoubleLine Income Solutions Fund

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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.

See Also

Dividend History for DoubleLine Income Solutions Fund (NYSE:DSL)

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