DBL
Price:
$15.44
Market Cap:
$263.58M
DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. DoubleLine Opportunistic Credit Fund was formed on July 22, 2011 and is domiciled in the United States.[Read more]
Industry
Asset Management
IPO Date
2012-01-27
Stock Exchange
NYSE
Ticker
DBL
According to DoubleLine Opportunistic Credit Fund’s latest financial reports and current stock price. The company's current ROE is 12.98%. This represents a change of 2.92% compared to the average of 0.43% of the last 4 quarters.
The mean historical ROE of DoubleLine Opportunistic Credit Fund over the last ten years is 1.72%. The current 12.98% ROE has changed 655.26% with respect to the historical average. Over the past ten years (40 quarters), DBL's ROE was at its highest in in the September 2020 quarter at 14.84%. The ROE was at its lowest in in the March 2020 quarter at -16.05%.
Average
1.72%
Median
4.84%
Minimum
-22.64%
Maximum
11.97%
Discovering the peaks and valleys of DoubleLine Opportunistic Credit Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.15%
Maximum Annual ROE = 11.97%
Minimum Annual Increase = -918.83%
Minimum Annual ROE = -22.64%
Year | ROE | Change |
---|---|---|
2023 | 6.32% | -127.90% |
2022 | -22.64% | -382.94% |
2021 | 8.00% | 1.15% |
2020 | 0.64% | -94.67% |
2019 | 11.97% | -918.83% |
2018 | -1.46% | -143.47% |
2017 | 3.36% | -55.55% |
The current ROE of DoubleLine Opportunistic Credit Fund (DBL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-2.77%
5-year avg
0.86%
10-year avg
1.72%
DoubleLine Opportunistic Credit Fund’s ROE is less than Western Asset Global Corporate Defined Opportunity Fund Inc. (4.94%), less than Miller/Howard High Income Equity Fund (9.41%), less than Legg Mason BW Global Income Opportunities Fund Inc. (9.13%), less than Western Asset Diversified Income Fund (15.92%), less than DoubleLine Yield Opportunities Fund (8.29%), less than Highland Funds I - Highland Income Fund (7.21%), less than AllianceBernstein Global High Income Fund (20.91%), less than Western Asset Emerging Markets Debt Fund Inc. (18.89%), less than DoubleLine Income Solutions Fund (16.42%), less than Pimco Dynamic Income Opportunities Fund (2.13%), less than Neuberger Berman Next Generation Connectivity Fund Inc. (12.24%), less than BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (15.54%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.89%), greater than The China Fund, Inc. (-13.87%), less than BlackRock New York Municipal Income Trust (3.54%), less than Apollo Senior Floating Rate Fund Inc. (16.81%), less than Blackstone/GSO Strategic Credit Fund (12.44%), less than First Trust Senior Floating Rate Income Fund II (14.50%), less than BlackRock Floating Rate Income Trust (18.80%), less than Eaton Vance Senior Income Trust (13.18%),
Company | ROE | Market cap |
---|---|---|
4.94% | $172.36M | |
9.41% | $234.76M | |
9.13% | $140.72M | |
15.92% | $765.43M | |
8.29% | $783.43M | |
7.21% | $353.87M | |
20.91% | $941.63M | |
18.89% | $580.93M | |
16.42% | $1.31B | |
2.13% | $1.57B | |
12.24% | $1.03B | |
15.54% | $138.61M | |
-0.89% | $882.83M | |
-13.87% | $115.69M | |
3.54% | $253.71M | |
16.81% | $231.42M | |
12.44% | $556.52M | |
14.50% | $270.23M | |
18.80% | $291.55M | |
13.18% | $111.63M |
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