DoubleLine Income Solutions Fund
DSL
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
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
FRC
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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 - Income
- Address
- 333 South Grand Avenue Tampa CA United States of America 90071
- IPO Date
- Apr 26, 2013
- CIK
- 0001566388
- Website
- doublelinefunds.com
- Similar Companies
- Business
- DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company that seeks high current income as its primary objective and capital appreciation as its secondary objective. Launched by DoubleLine Capital LP in April 2013 and headquartered in Los Angeles, California, with additional offices in Tampa, Dubai, Tokyo, and London, the Fund invests globally in debt securities and income-producing investments, including mortgage-backed securities (residential and commercial, agency and non-agency), asset-backed securities, U.S. Government securities, corporate debt securities (high yield and investment grade), international sovereign debt, bank loans, collateralized loan obligations, hybrid REIT securities, municipal securities, and short-term investments; it normally allocates at least 80% of its net assets plus borrowings to such instruments, with significant exposure to emerging markets (37.66%), bank loans (20.93%), and high yield corporates (20.16%) as of September 2025. The Fund, managed by a team led by Jeffrey Gundlach, CIO of DoubleLine Capital LP, along with Robert Cohen and Luz M. Padilla, employs a top-down macroeconomic outlook combined with bottom-up security selection, targeting an effective duration of approximately 5.48 years and weighted average life of 7.46 years, while utilizing gross leverage of 22.67% as of September 2025. It trades on the New York Stock Exchange and pays a monthly distribution of $0.11 per share, as most recently declared for December 2025. In recent developments, the Fund maintained its monthly distribution at $0.11 per share for December 2025, with year-to-date fiscal distributions including an estimated 17% return of capital as of November 28, 2025, reflecting ongoing commitment to income generation amid market conditions. Portfolio adjustments as of late 2025 featured new positions in securities such as SMR 2022-IND Mortgage Trust, UPL Corp Ltd, Petroleos del Peru SA, AI Candelaria Spain SLU, and Gran Tierra Energy Inc., alongside top holdings like DBELX and various emerging market and high yield bonds, underscoring active management in a high interest rate environment. No major acquisitions, funding rounds, partnerships, or structural reorganizations were reported in the last 1-2 years, with focus remaining on portfolio optimization for income and total return.