DoubleLine Income Solutions Fund (NYSE:DSL)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $19.95 and traded as low as $19.78. DoubleLine Income Solutions Fund shares last traded at $19.80, with a volume of 2,163 shares.
The stock’s 50 day moving average price is $19.95 and its 200 day moving average price is $20.05.
The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 19th will be given a $0.15 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.08%. The ex-dividend date is Wednesday, September 18th.
About DoubleLine Income Solutions Fund (NYSE:DSL)
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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