#USA #Tampa #distribution #DoubleLine Credit Fund #DBL

DoubleLine Opportunistic Credit Fund Declares February 2025 Distribution

The DoubleLine Opportunistic Credit Fund (the "Fund"), publicly traded on the New York Stock Exchange under the ticker symbol DBL, has officially announced its latest distribution for February 2025. This announcement comes as a significant update for shareholders who are invested in the Fund, known for seeking high total investment returns through strategic credit investments.

Distribution Details

This month, the Fund declared a distribution payout of $0.11 per share. Below are the important dates associated with this distribution:

• - Declaration Date: Monday, February 3, 2025
• - Ex-Dividend Date: Wednesday, February 19, 2025
• - Record Date: Wednesday, February 19, 2025
• - Payment Date: Friday, February 28, 2025

These dates mark critical timelines for investors looking to optimize their earnings from dividends. Shareholders should note when they must hold their shares before the ex-dividend date to be eligible for the distribution.

More on the Fund

The DoubleLine Opportunistic Credit Fund is a diversified, closed-end management investment company. Its primary investment objective is to achieve high total returns, which includes a substantial current income along with the potential for capital appreciation. However, it’s essential to understand that while the Fund has a strategic approach to its investments, there is no guarantee of achieving its stated objective. Investors should be aware of the risks involved, including the risk of principal loss.

Understanding the Distribution

The distributions made by the Fund may be composed of various income types, including ordinary income, long-term capital gains, or returns of capital. It’s important for investors to keep in mind that specifics about the tax character of these distributions will be finalized at the end of the tax year, with notifications sent to shareholders via Form 1099-DIV by early 2026. This document will outline the appropriate tax reporting measures needed for their tax returns.

Additionally, the Fund emphasizes the importance of understanding the potential risks associated with their investments. Factors that could affect investment returns include fluctuations in market conditions, interest rate risks, and investment in varying asset classes, where the risks can be significantly higher for lower-rated or non-rated securities.

Communication with Investors

DoubleLine advisors remain committed to transparency and provide resources for investors to better understand their investment choices. Both current and prospective investors can reach out for more information through DoubleLine Capital’s offices or visit the company’s website where they can access the Annual Report, detailing the Fund’s performance and future strategies.

For instance, investors can make inquiries through specified email addresses or phone numbers, reinforcing the consultancy's commitment to maintain an informative dialogue with its shareholders.

In conclusion, the February 2025 distribution from the DoubleLine Opportunistic Credit Fund represents a key opportunity for shareholders to engage with their investments actively. It’s pivotal for investors to remain informed about upcoming dates and to assess their portfolios regularly, ensuring they continue to align with their financial goals amid a dynamic market landscape.

About DoubleLine Capital

As a registered investment adviser, DoubleLine Capital LP is dedicated to providing motivation for long-term growth, solid returns, and strategic investment solutions. With a team poised to deliver insights into market trends and risks, investors can expect ongoing support as they navigate their investment journeys with DoubleLine.