DoubleLine Opportunistic Credit Fun... (DBL)

The Doubleline Opportunistic Credit Fund is a CEF focused on generating current income with a 9.1% forward yield. The fund has had poor historical returns, notably underperforming most underlying fixe...

Closed-End Funds: A Look At The DoubleLine Trio

2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

DBL has recently traded at a slight premium, up from the shallow discount observed earlier this year. This fund doesn't seem attractive despite the big drop in the fixed-income space; we also have dis...

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

DBL has a higher tilt towards investment-grade bonds and more modest leverage relative to its sister funds. These characteristics made it hold up relatively better on a performance basis YTD.

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.

We review CEF market valuation and performance through the second week of December and highlight recent market action.

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.