DoubleLine Opportunistic Credit Fund
DBL
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jeffrey Edward Gundlach
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 333 South Grand Avenue Los Angeles CA United States of America 90071
- IPO Date
- Jan 27, 2012
- CIK
- 0001525201
- Website
- doubleline.com
- Similar Companies
- Business
- DoubleLine Opportunistic Credit Fund (DBL) is a closed-end management investment company that seeks high total investment return through a high level of current income and potential capital appreciation by investing in a diversified portfolio of debt securities and income-producing investments. The Fund, launched in 2012 and managed by DoubleLine Capital LP, primarily allocates assets across non-agency commercial mortgage-backed securities, collateralized loan obligations, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, bank loans, emerging markets debt, high yield corporates, asset-backed securities, agency commercial mortgage-backed securities, and investment grade corporates; it also holds U.S. Government securities, corporate debt, international sovereign debt, and short-term investments. Investment decisions are directed by DoubleLine’s Fixed Income Asset Allocation Committee, led by Jeffrey Gundlach, with security selection by specialized portfolio management teams including Andrew Hsu and Ken Shinoda; the Fund benchmarks performance against the Bloomberg U.S. Aggregate Bond Index and trades on the New York Stock Exchange under the ticker DBL, with a companion ticker XDBLX. Headquartered in Tampa, Florida, with additional offices in Los Angeles, London, Dubai, and Tokyo, the Fund operates globally, targeting fixed income opportunities in developed and emerging markets while employing modest gross leverage of approximately 7.63% as of September 2025. In recent developments, the Fund has maintained consistent monthly distributions of $0.11 per share through December 2025, reflecting stable operational strategy amid fluctuating market conditions, with net assets of $300.8 million and a portfolio duration of 3.33 years as of the latest reporting; no major acquisitions, partnerships, or strategic shifts have been announced in the past 1-2 years, underscoring its focus on opportunistic credit selection.