This Fund Pays 12.8%, Will Dish 13 Dividends in 2023
December 07, 2022 at 04:00 AM EST
Last week in these pages we sang the praises of bond god Jeffrey Gundlach. His DoubleLine Income Solutions Fund (DSL) looked poised to pop: DSL investors have three ways to win here. First, the fund pays an electric 11.5% yield. Next, its NAV is likely to rise as both short and long rates decline. And finally, the fund trades today at a 4% discount, which means we are getting paid to ride shotgun with Gundlach. DSL: 3 Ways to Win (Last Week’s View) We also discussed that DSL dishes its dividend monthly . Which is almost 1% every 30 days! Unheard of .… Read more