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September 01, 2020 10:27am
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This Fund Pays 12.8%, Will Dish 13 Dividends in 2023

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
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