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TAMPA, Fla. , Oct. 1, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of October 2024.
TAMPA, Fla. , Aug. 1, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of August 2024.
TAMPA, Fla. , July 1, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of July 2024.
DSL is a closed-end fund that continues to trade at a slight premium; while a premium isn't unheard of, it also means it is no bargain today. In the latest report, the NII distribution coverage was declining, which isn't an encouraging sign. The portfolio is heavily invested in emerging markets, which carries some unique risks, but the portfolio also trades substantially below par.
TAMPA, Fla. , June 3, 2024 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of June 2024.
DoubleLine Income Solutions (DSL) took its biannual trip to the bargain bin a few weeks ago. It was a short stay, as usual.
DSL: Attractive Distribution With Good Prospects But Around Fair Value
Closed-end funds are currently trading at deep discounts to their net asset values. DoubleLine Income Solutions Fund rarely trades at a deep discount, making it a less frequent investment opportunity.
The DoubleLine Income Solutions Fund offers a competitive yield of 11.54% compared to other similar funds. The DSL closed-end fund's performance has been underwhelming, with a 5.22% decline in share price since the last article on it was published. The fund's high exposure to foreign markets provides diversification, but also makes it difficult to predict its future performance.
DoubleLine Income Solutions Fund offers a high level of current income with a 10.95% distribution yield. The fund's price has remained remarkably stable, in direct contradiction to the American bond market. The fund has significant exposure to non-American issuers, providing valuable international diversification for investors.