DoubleLine Yield Opportunities Fund (NYSE:DLY) Declares Monthly Dividend of $0.12

by · The Cerbat Gem

DoubleLine Yield Opportunities Fund (NYSE:DLY – Get Free Report) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.1167 per share on Monday, November 30th. This represents a $1.40 annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Wednesday, November 18th.

DoubleLine Yield Opportunities Fund Trading Up 0.0%

Shares of NYSE:DLY traded up $0.00 during midday trading on Monday, hitting $13.22. The company’s stock had a trading volume of 257,633 shares, compared to its average volume of 205,318. The stock’s 50 day simple moving average is $13.41 and its 200 day simple moving average is $14.00. DoubleLine Yield Opportunities Fund has a fifty-two week low of $12.95 and a fifty-two week high of $15.03.

Institutional Trading of DoubleLine Yield Opportunities Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DLY. Commonwealth Equity Services LLC acquired a new position in shares of DoubleLine Yield Opportunities Fund during the third quarter worth approximately $160,000. Pathway Financial Advisers LLC raised its position in DoubleLine Yield Opportunities Fund by 2.8% in the third quarter. Pathway Financial Advisers LLC now owns 33,812 shares of the company’s stock worth $452,000 after purchasing an additional 924 shares in the last quarter. Integrity Advisory Solutions LLC lifted its position in shares of DoubleLine Yield Opportunities Fund by 50.6% during the 3rd quarter. Integrity Advisory Solutions LLC now owns 19,580 shares of the company’s stock worth $262,000 after buying an additional 6,580 shares during the period. Aries Wealth Management bought a new position in shares of DoubleLine Yield Opportunities Fund during the third quarter valued at $135,000. Finally, Shaker Financial Services LLC grew its stake in DoubleLine Yield Opportunities Fund by 8.1% during the third quarter. Shaker Financial Services LLC now owns 170,675 shares of the company’s stock worth $2,282,000 after buying an additional 12,752 shares during the last quarter.

About DoubleLine Yield Opportunities Fund

(Get Free Report)

DoubleLine Yield Opportunities Fund is a closed-end investment fund managed by DoubleLine Capital LP. The fund seeks to provide a high level of current income while also pursuing total return through a diversified portfolio of fixed-income investments.

Its holdings may include corporate bonds, mortgage- and asset-backed securities, loans, government and sovereign debt, and other income-producing credit instruments. The fund can invest across a range of credit qualities and maturities, including securities rated below investment grade, and may seek opportunities in both U.S.

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