DoubleLine Opportunistic Credit Fund

What DoubleLine Opportunistic Credit Fund does

The DoubleLine Opportunistic Credit Fund (NYSE: DBL) is a diversified, closed-end management investment company that seeks income and capital appreciation from multi-sector credit strategies. Founded in 2009 and headquartered at 2002 N. Tampa Street in Tampa, Florida, the fund is managed by DoubleLine Capital LP, an independent, employee-owned money management firm. Investment leadership is provided by Chief Investment Officer Jeffrey Gundlach and Deputy CIO Jeffrey Sherman. The fund generates revenue through management fees charged to fund shareholders, characteristic of the closed-end structure, and returns capital to investors via monthly distributions — most recently $0.11 per share declared for December 2025 with payment on December 31, 2025.

Name

DoubleLine Opportunistic Credit Fund

Legal name

DoubleLine Opportunistic Credit Fund

Website

https://doubleline.com

Company type

Public

Founded year

2009

Operating status

Operating

Short description

The DoubleLine Opportunistic Credit Fund (NYSE: DBL) is a closed-end fund managed by DoubleLine Capital LP that invests in multi-sector credit to deliver monthly income distributions to income-oriented investors via brokerage and advisor channels.

Ownership category

akta.pro rank

Product category

Closed-End Credit Fund

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Asset-Backed Securities (6189)

akta.pro primary industry

High-Yield Corporate Credit (FSAAAHAC)

akta.pro secondary industry

Distressed / Opportunistic Credit (FSANADAF)

Keywords

• Closed-end funds
• Multi-sector credit
• Fixed income
• Monthly distributions
• Below investment grade

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Closed-End Fund Management: The fund operates as a diversified, closed-end management investment company generating revenue through management fees charged to fund shareholders. The fund pays monthly distributions to shareholders from portfolio income.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

DoubleLine Opportunistic Credit Fund is a publicly listed, non-diversified closed-end management investment company that invests opportunistically across multiple sectors of the credit market — including below-investment-grade (junk) bonds, investment-grade corporate credit, structured credit, loans, and non-U.S. dollar denominated obligations — with the dual objectives of generating current income (paid out via monthly distributions) and capital appreciation. The fund is managed by DoubleLine Capital LP using its multi-sector credit research capabilities and senior portfolio management team.

Product overview

DoubleLine offers a comprehensive suite of investment products spanning Mutual Funds, Exchange-Traded Funds (ETFs), and Closed-End Funds. The DoubleLine Opportunistic Credit Fund (DBL) is a diversified, closed-end management investment company traded on the NYSE, managed by DoubleLine Capital LP. The product ecosystem includes multiple Fixed Income strategies (Core Fixed Income, Flexible Income, Long Duration Total Return Bond, Low Duration Bond, Total Return Bond), International Fixed Income offerings (Emerging Markets Fixed Income, Local Currency Bond, Global Bond), Equities strategies (Shiller Enhanced CAPE), Commodity strategies, and various ETFs covering Asset-Backed Securities, Commercial Real Estate Debt, Mortgage, Multi-Sector Income, Securitized Credit, and Ultrashort Income categories.

Differentiator

Problem solved

Functional benefit

Products and services

• DoubleLine Opportunistic Credit Fund (NYSE: DBL)

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• PIMCO: PIMCO is one of the largest fixed-income and credit asset managers globally, offering multi-sector credit, opportunistic, and income-focused strategies via mutual funds, ETFs, and closed-end funds. Directly comparable to DoubleLine as a specialist credit manager serving similar retail and institutional investors.
• PGIM Fixed Income: PGIM Fixed Income is a major global fixed-income and credit manager within Prudential Financial, with multi-sector, securitized, and opportunistic strategies. Comparable as a large-scale institutional-and-retail credit specialist.
• Loomis Sayles: Loomis Sayles is a specialist fixed-income manager known for multi-sector credit and unconstrained bond strategies. Comparable as a credit-focused active manager with similar product structure and investor base.
• Nuveen: Nuveen operates an extensive closed-end fund lineup including several credit and income-focused vehicles, and is a major distribution platform through financial advisors. Directly comparable as a multi-product credit/income manager with significant CEF presence.
• TCW Group: TCW operates fixed-income, credit, and securitized product strategies with both institutional and retail distribution. Comparable as a credit-specialist manager with overlapping multi-sector mandates.
• Western Asset Management: Western Asset is a specialist fixed-income and credit manager with deep securitized, mortgage-backed, and multi-sector credit capabilities. Comparable as a credit-specialist asset manager serving institutional and retail channels.
• Lord Abbett: Lord Abbett runs multi-sector, core, and opportunistic fixed-income strategies across mutual funds and ETFs. Comparable as an active fixed-income manager competing for similar advisor-distributed retail flows.
• Eaton Vance: Eaton Vance (now part of Morgan Stanley) is well known for its closed-end fund lineup, including several credit and income-focused vehicles. Comparable as a CEF-heavy credit/income specialist with advisor distribution.

Emerging players

• Cohen & Steers: Cohen & Steers specializes in alternative income strategies including preferred securities and credit-related real assets. Comparable as an income-focused manager with overlapping investor demand, though more specialized in real-asset-adjacent credit.

Broad incumbents

• BlackRock: BlackRock is the world's largest asset manager with extensive fixed-income, credit, and ETF offerings (including iShares). Comparable as a broad incumbent in credit ETFs and multi-sector fixed income, though not specialized in the opportunistic credit niche DBL targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/DLineCap
• YouTubeyoutube.com/c/doublelinecapital
• Facebookfacebook.com/profile.php?id=61562656210761
• LinkedInlinkedin.com/company/doubleline-capital
• Instagraminstagram.com/doubleline_capital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DoubleLine Opportunistic Credit Fund