This 10.4% Dividend Is A Smart ‘Pre-Inauguration' Buy [Forbes]
DoubleLine Yield Opportunities Fund Common Shares of Beneficial Interest (DLY)
Company Research
Source: Forbes
getty Most people think inflation will rise in a second Trump term—we can see it in the jump in 10-year Treasury rates over the last few weeks. But that trade is getting just a little bit crowded—and we contrarians are going to take advantage of that with a 10.4%-yielding closed-end fund (CEF) that's come back to earth as a result. This situation reminds me a little of October 2023, when investors were also betting on “inflation forever.” We didn't buy it then, either. Instead I named the DoubleLine Yield Opportunities Fund (DLY) , payer of a 9.5% yield at the time, as one of the top portfolio buys. PROMOTED DLY has posted a 25% total return in the 13 months since, as of this writing—a big move for a bond fund! This time around we're also looking at bonds —in particular high-yield corporate-bond CEFs like DLY—as plays on lower 10-year Treasury rates. Before we go further, I should say that, yes, the second Trump administration will put pressure on the bond market via hi
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DLY
News
- DoubleLine Yield Opportunities Fund Declares December 2024 Distribution and Special DividendPR Newswire
- DLY: Bonds Continue To Face Headwinds [Seeking Alpha]Seeking Alpha
- This Safe 8.7%-Yielding Closed-End Fund Is A Bargain Again [Forbes]Forbes
- DoubleLine Yield Opportunities Fund Declares November 2024 DistributionPR Newswire
DLY
Sec Filings
- 12/12/24 - Form N-CEN
- 11/29/24 - Form N-CSR
- 11/27/24 - Form NPORT-P
- DLY's page on the SEC website