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

DoubleLine Income Solutions Fund (NYSE:DSLGet Free Report) announced a monthly dividend on Thursday, February 1st, Wall Street Journal reports. Investors of record on Thursday, February 15th will be given a dividend of 0.11 per share on Thursday, February 29th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.43%. The ex-dividend date is Wednesday, February 14th.

DoubleLine Income Solutions Fund has decreased its dividend payment by an average of 9.1% per year over the last three years.

DoubleLine Income Solutions Fund Price Performance

DoubleLine Income Solutions Fund stock opened at $12.66 on Tuesday. DoubleLine Income Solutions Fund has a 52-week low of $10.22 and a 52-week high of $12.82. The firm has a 50-day moving average price of $12.30 and a two-hundred day moving average price of $11.88.

Hedge Funds Weigh In On DoubleLine Income Solutions Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its stake in DoubleLine Income Solutions Fund by 140.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,692 shares of the company’s stock valued at $30,000 after acquiring an additional 1,574 shares in the last quarter. Belpointe Asset Management LLC raised its stake in shares of DoubleLine Income Solutions Fund by 37.9% during the first quarter. Belpointe Asset Management LLC now owns 5,483 shares of the company’s stock valued at $62,000 after purchasing an additional 1,507 shares in the last quarter. BNP Paribas Arbitrage SNC bought a new stake in shares of DoubleLine Income Solutions Fund during the third quarter valued at about $60,000. Verition Fund Management LLC acquired a new stake in DoubleLine Income Solutions Fund in the first quarter worth about $145,000. Finally, WealthPLAN Partners LLC bought a new position in DoubleLine Income Solutions Fund in the 4th quarter valued at about $134,000.

DoubleLine Income Solutions Fund Company Profile

(Get Free Report)

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises.

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

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