Watch for Continued Gains in Shares of DoubleLine Income Solutions Fund of Beneficial Interests (DSL)

May 28, 2021 11:01:46

Shares of DoubleLine Income Solutions Fund of Beneficial Interests (NYSE:DSL) traded at a new 52-week high today of $18.40. So far today approximately 89,000 shares have been exchanged, as compared to an average 30-day volume of 238,000 shares.

DoubleLine Income Solutions Fund is a closed-end fund. The fund’s primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in securities, including money market funds, foreign corporate bonds, US corporate bonds, bank loans, collateralized loan obligations, and municipal bonds. The portfolio of the fund consists of various industries such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, Leisure, and others.

DoubleLine Income Solutions Fund of Beneficial Interests (NYSE:DSL) defies analysts with a current price ($18.34) 0.5% above its average consensus price target of $18.25.

In the past 52 weeks, DoubleLine Income Solutions Fund of Beneficial Interests share prices are bracketed by a low of $13.44 and a high of $18.40 and is now at $18.34, 36% above that low price.

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