Streetbeat News

DLY

DoubleLine Yield Opportunities Fund

http://www.doublelinefunds.com

Industry

Asset Management

Doubleline Yield Opportunities Fund is a non-diversified, limited term closed-end management investment company. Its objective is to seek a level of current income, capital appreciation, or both. The company is headquartered in Los Angeles, CA.

Open

16.21

Mkt cap

780M

Volume

189K

High

16.29

P/E Ratio

6.41

52-wk high

16.90

Low

16.10

Div yield

0.10

52-wk low

14.33

DoubleLine Yield Opportunities Fund (DLY) offers an 8.67% yield, which is relatively low compared to other multi-sector bond funds. Despite a strong three-year total return of 15.26%, recent performance has been modest due to rising interest rates. The fund's allocation to junk bonds and strategic flexibility contribute to its competitive performance.

Portfolio Pulse from

November 21, 2024 | 10:30 am

The Federal Reserve's historic 50 basis points interest rate cut has led to soaring interest rates. This has created a bargain opportunity for a closed-end fund with an 8.7% yield.

Portfolio Pulse from

November 07, 2024 | 5:00 pm

DoubleLine Yield Opps (NYSE:DLY) announced that shareholders owning the stock by the end of Tuesday's session will be eligible for a monthly dividend of 11.67 cents per share. The ex-dividend date is Wednesday, and the stock is expected to open 11.67 cents lower to reflect the payout. The dividend will be paid on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

DoubleLine Yield Opps (NYSE:DLY) announced a monthly dividend of 11.67 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will trade lower by the dividend amount. The dividend is scheduled to be paid on December 29, 2023.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:45 pm

DoubleLine Yield Opps (NYSE:DLY) has announced that it will pay shareholders a monthly dividend of 11.67 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 11.67 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 2:45 pm

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