DoubleLine Opportunistic Credit Fund sets $0.11 distribution with May 13 ex-dividend date
DoubleLine Opportunistic Credit Fund declared a $0.11 per share distribution for May 2026, with ex-dividend and record dates May 13 and payment May 29. As of April 30, the fund’s year-to-date distributions include an estimated $0.175 per share (27%) return of capital, with tax characterization finalized on 1099-DIV statements.
1. Distribution Declaration
The DoubleLine Opportunistic Credit Fund announced a $0.11 per share distribution for May 2026. The ex-dividend and record dates are May 13, with payment scheduled for May 29.
2. Estimated Return of Capital
As of April 30, year-to-date distributions include an estimated $0.175 per share (27%) return of capital. Final tax characterizations will be determined and reported on 1099-DIV forms sent in early 2027.
3. Fund Investment Focus
The fund seeks high total return by providing current income and potential capital appreciation. Investors should be aware that closed-end fund shares may trade at a discount to net asset value and involve risks including interest rate sensitivity and credit exposure.