DoubleLine Opportunistic Credit Fund (DBL)
DoubleLine Opportunistic Credit Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Tampa, FL, US. The stock last traded at $14.23, down 0.28% on the session, giving a market capitalisation of $281.4M. On trailing twelve-month figures it carries a trailing P/E of 21.93, a net margin of 74.2%. Its beta of 0.25 implies it has historically moved less than the broad market.
Managed by DoubleLine Capital LP, the DoubleLine Opportunistic Credit Fund functions as a closed-end mutual fund primarily focused on fixed income investments. Its strategy involves allocating capital across a diverse spectrum of debt instruments, including both residential and commercial mortgage-backed securities, asset-backed securities, U.S. government obligations, corporate bonds, international sovereign debt, and various short-term holdings. The fund measures its portfolio performance against the Barclays Capital U.S. Aggregate Bond Index. This U.S.-domiciled fund was established on July 22, 2011.
DoubleLine Opportunistic Credit Fund is most often compared with the following Financial Services names: