DoubleLine Income Solutions Fund (DSL) to Issue Monthly Dividend of $0.11 on February 29th

DoubleLine Income Solutions Fund (NYSE:DSLGet Free Report) declared a monthly dividend on Thursday, February 1st, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 10.39%. The ex-dividend date is Wednesday, February 14th.

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

DoubleLine Income Solutions Fund Price Performance

NYSE DSL opened at $12.71 on Monday. The firm has a 50 day simple moving average of $12.28 and a 200-day simple moving average of $11.87. DoubleLine Income Solutions Fund has a one year low of $10.22 and a one year high of $12.82.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Snowden Capital Advisors LLC lifted its stake in DoubleLine Income Solutions Fund by 11.4% in the second quarter. Snowden Capital Advisors LLC now owns 13,291 shares of the company’s stock worth $158,000 after acquiring an additional 1,361 shares during the last quarter. Virtu Financial LLC purchased a new position in DoubleLine Income Solutions Fund in the fourth quarter worth approximately $153,000. Captrust Financial Advisors purchased a new stake in shares of DoubleLine Income Solutions Fund during the 2nd quarter worth approximately $152,000. Verition Fund Management LLC purchased a new stake in shares of DoubleLine Income Solutions Fund during the 1st quarter worth approximately $145,000. Finally, Jane Street Group LLC lifted its position in shares of DoubleLine Income Solutions Fund by 14.7% during the 4th quarter. Jane Street Group LLC now owns 12,947 shares of the company’s stock worth $144,000 after buying an additional 1,658 shares during the last quarter.

About DoubleLine Income Solutions Fund

(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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