DoubleLine Opportunistic Credit Fund actively chooses among credit investments for income and capital appreciation. The mix of borrowers and securities, interest rates and financing costs all affect the cash available to shareholders.
Business
Credit and multi-sector income funds
Listing
DBL · New York Stock Exchange
Reporting period
2026-03-31
Dividend schedule
Monthly
How the business works
Interest from credit holdings contributes net investment income after expenses. Realized investment results and NAV move separately from that recurring income.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$0.47
Oct 1, 2025 to Mar 31, 2026
$0.00$0.47
Distribution yield9.40%Sourced distributions divided by dated market priceReported annual income yield6.03%Reported net investment income $0.9400 per share for 2024-10-01 to 2025-09-30, divided by approved 2025-09-30 market price $15.5800. Excludes capital gains; historical, not a current yield or forecast.Annual dividend$1.32Current regular payment annualized per share
Dividend payment history
Date or month
Per share
Sep 30, 2026
$0.11
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
Distribution and NAV evidence
Cash paid, opening and closing NAV, and the fund-reported NAV total return are separate observations. NAV change excludes distributions. These figures show outcomes, not which source funded a payment or whether future distributions are sustainable. Net investment income excludes investment gains and is not a payout-coverage ratio.
Fund net investment income per common share; actual reporting period, not annualized$0.4700
$0.00$0.50
In the six months ended March 31, 2026, DBL reported $0.47 of net investment income per common share and $0.66 of total distributions. Income covered part of that same-period payment. The two earlier chart points are complete fiscal years, not matching six-month spans.
Bond interest, less expenses and financing costs, is the central recurring income source. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
The portfolio information checked September 11, 2026 reports effective leverage of 8.03%.
Financing can increase earning assets, but its cost reduces income available to common shareholders. When borrowing costs rise or portfolio income falls, the distribution can become harder to sustain.
DoubleLine Opportunistic Credit Fund reported $0.4700 per share for 2025-10-01 through 2026-03-31, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Losses or weaker cash generation in credit and multi-sector income investments can reduce the resources available for future distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Read the next matching income and distributions with credit mix, financing, realized results and NAV.
Net asset value (NAV)
NAV per share$14.22Sep 29, 2026Market price$13.55Sep 29, 2026PREMIUM / DISCOUNT TO NAV4.71% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
Read the next matching income and distributions with credit mix, financing, realized results and NAV.
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U.S. federal · Tax year 2025
Dividend tax treatment
The company’s 2025 tax-reporting workbook classifies all twelve common-share payments into ordinary income and return of capital.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Ordinary, nonqualified
75.35%
Qualified dividends
0%
Capital-gain distributions
0%
Return of capital
24.65%
Tax year: 2025. Total distributions: $1.32 per share.
Tax details and source
Total ordinary dividends (includes qualified)
75.35%
Section 199A portion (within ordinary dividends)
0%
Exempt-interest distributions
Not confirmed
Reporting form
Form 1099-DIV
Source date
2026-01-20
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
