DoubleLine Opportunistic Credit Fund (DBL)
Managed by DoubleLine Capital LP, the DoubleLine Opportunistic Credit Fund functions as a closed-end mutual fund primarily focused on fixed income investments. Its strategy involves allocating capital across a diverse spectrum of debt instruments, including both residential and commercial mortgage-backed securities, asset-backed securities, U.S. government obligations, corporate bonds, international sovereign debt, and various short-term holdings. The fund measures its portfolio performance against the Barclays Capital U.S. Aggregate Bond Index. This U.S.-domiciled fund was established on July 22, 2011.
Industry: Asset Management
DoubleLine Opportunistic Credit Fund
NYSE:DBLFinancial Services · Asset Management
-0.22%$13.62
AH Close$13.62+0.00%vs close
AH$13.62+0.00%vs close
Mkt Cap$269.29M
Float19.77M
O/S19.77M
Inst Own56.7%
SI0.2%
Div Yield9.69%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$23.17M
Net Income$20.56M
Total Assets$330.38M
Free Cash Flow$33.36M
Debt & Equity
Debt 5%
Equity 95%
Total Debt$15M
Total Equity$300.9M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DBL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$330.38M
Liabilities$29.48M
Accounts Receivable$3.32M
Accounts Payable$13.97M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
| Revenue | $23.17M | $46.3M | $7.34M | $18.12M | $24.57M | $27.21M | $37.89M | -$3.57M | $11.89M | $32.55M |
| YoY Growth | -50.0% | 530.7% | -59.5% | -26.2% | -9.7% | -28.2% | -1161.1% | -130.0% | -63.5% | - |
| Cost of Revenue | $1.95M | $2.61M | $2.89M | $3.61M | $3.94M | $3.95M | $4.26M | $4.54M | $4.69M | $4.73M |
| Gross Profit | $21.22M | $46.3M | $12.2M | $14.51M | $20.62M | $23.27M | $33.63M | -$8.11M | $7.2M | $27.82M |
| Gross Margin | 91.6% | 100.0% | 166.1% | 80.1% | 83.9% | 85.5% | 88.8% | 227.0% | 60.5% | 85.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $1 |
| Selling, General, and Administrative | $664K | $727K | $519K | $537K | $661K | $594K | $700K | $733K | $862K | $1 |
| Other | $188 | $0 | $0 | $0 | $0 | $881 | $3K | $4K | $5K | $14.84M |
| Total Operating Expenses | $664K | $727K | $519K | $537K | $661K | $595K | $703K | $737K | $867K | $14.84M |
| Operating Income (EBIT) | $20.56M | $48.18M | $11.68M | -$51.28M | $24.53M | $3.17M | $37.19M | -$2.32M | $12.1M | $6.93M |
| Operating Margin | 88.7% | 104.1% | 159.1% | -282.9% | 99.8% | 11.7% | 98.1% | 65.1% | 101.7% | 21.3% |
| Interest Expense | $1.95M | $2.61M | $2.89M | $929K | $621K | $1.31M | $2.38M | $1.98M | $1.07M | $0 |
| Interest Income | $23.27M | $20.08M | $11.12M | $20.52M | $25.86M | $29.42M | $27.13M | $27.74M | $30.26M | $0 |
| Other Income (Expense) | -$1.95M | -$2.61M | $3.23M | -$929K | -$621K | -$1.31M | $0 | $4.54M | $4.69M | $18.7M |
| Income Before Tax (EBT) | $20.56M | $45.57M | $14.91M | -$52.21M | $23.91M | $1.86M | $37.19M | -$4.31M | $11.03M | $6.93M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $12.1M | $26.16M |
| Net Income | $20.56M | $45.57M | $14.91M | -$52.21M | $23.91M | $1.86M | $37.19M | -$4.31M | $11.03M | $26.16M |
| Net Income Margin | 88.7% | 98.4% | 203.1% | -288.1% | 97.3% | 6.8% | 98.1% | 120.7% | 92.7% | 80.4% |
| Supplementary Data | ||||||||||
| EPS | 1.05 | 2.50 | 0.92 | -3.33 | 1.55 | 0.12 | 2.49 | -0.29 | 0.74 | 1.76 |
| Diluted EPS | 1.05 | 2.50 | 0.92 | -3.33 | 1.55 | 0.12 | 2.49 | -0.29 | 0.74 | 1.52 |
| Weighted Average OS | 19.55M | 18.22M | 16.21M | 15.69M | 15.40M | 14.96M | 14.93M | 14.86M | 14.90M | 14.90M |
| EBITDA | $20.56M | $48.18M | $23.93M | -$51.05M | $24.76M | $3.38M | $37.19M | $0 | $12.1M | $6.93M |
| EBITDA Margin | 88.7% | 104.1% | 326.0% | -281.7% | 100.8% | 12.4% | 98.1% | - | 101.7% | 21.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $1.28M | $225K | $196K | $77K | $104K | $45K | $0 | -$4.23M | -$1.3M | -$2.76M |
| Short-Term Investments | $2.7M | $7.53M | $6.38M | $271K | $6.02M | $0 | $5.96M | $4.23M | $1.3M | $2.76M |
| Cash and Short-Term Investments | $3.97M | $7.75M | $6.57M | $348K | $6.12M | $45K | $5.96M | $4.23M | $1.3M | $2.76M |
| Accounts Receivable | $3.32M | $4.4M | $3.9M | $3.31M | $3.74M | $2.86M | $3.8M | $4.45M | $2.52M | $2.38M |
| Inventory | $0 | $0 | $10.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$2.7M | -$4.4M | -$10.47M | -$3.66M | -$9.87M | $5.17M | -$5.96M | -$8.68M | -$3.83M | -$5.14M |
| Total Current Assets | $4.6M | $7.75M | $4.1M | $3.39M | $3.85M | $2.9M | $3.8M | $4.45M | $2.52M | $0 |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $322.94M | $327.62M | $283.44M | $271.64M | $355.7M | $361.72M | $388.82M | $382.48M | $414.79M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.85M | $0 | $0 | $0 | $0 | $0 | $0 | -$382.48M | -$414.79M | $3K |
| Total Long-Term Assets | $325.78M | $327.62M | $283.44M | $271.64M | $355.7M | $361.72M | $388.82M | $382.48M | $414.79M | $0 |
| Other Assets | $330.38M | -$2.94M | $294K | $300K | $317K | $364.64M | $10K | $10K | $10K | $415.42M |
| Total Assets | $330.38M | $332.43M | $287.83M | $275.33M | $359.87M | $364.64M | $392.63M | $386.94M | $417.33M | $415.42M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $13.97M | $3.9M | $1.22M | $169K | $570K | $11.17M | $1.44M | $4.67M | $3M | $0 |
| Short-Term Debt | $15M | $43M | $50M | $44M | $60M | $61M | $80M | $87.06M | $85.8M | $66.35M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$43.83M | -$59.43M | -$49.83M | -$78.56M | -$82.39M | -$82.8M | $0 |
| Other Current Liabilities | -$15M | -$47.47M | -$50.52M | -$689K | -$1.03M | -$11.7M | -$1.97M | -$92.21M | -$89.34M | -$66.35M |
| Total Current Liabilities | $13.97M | $4.47M | $1.22M | $169K | $570K | $11.17M | $1.44M | $4.67M | $3M | $66.35M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $15M | $43M | $50M | $44M | $60M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $503K | $648K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.21M |
| Total Long-Term Liabilities | $15.5M | $43.65M | $50M | $44M | $60M | $61M | $80M | $5.18M | $3.6M | $3.21M |
| Other Liabilities | $0 | $47.54M | $548K | $523K | $484K | $72.72M | $542K | $82.39M | $82.8M | $0 |
| Total Liabilities | $29.48M | $47.54M | $51.77M | $44.69M | $61.05M | $72.72M | $81.98M | $92.24M | $89.4M | $69.56M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $127.75M | $57.85M | $0 | $38.64M | $0 | $0 | $0 |
| Common Stock | $195 | $182 | $165 | $157 | $154 | $150 | $149 | $149 | $149 | $148 |
| Retained Earnings | -$89.94M | -$91.77M | -$120.85M | -$127.75M | $2.9M | $6.13M | $1.74M | $3.73M | $3.49M | -$7.09M |
| Comprehensive Income & Other | $0 | $0 | $0 | -$127.75M | -$57.85M | -$62.24M | -$38.64M | $0 | $0 | $0 |
| Other Stockholders' Equity | $390.84M | $376.66M | $356.91M | $358.39M | $295.92M | $285.79M | $308.91M | $290.97M | $324.44M | $352.95M |
| Total Equity | $300.9M | $284.89M | $236.06M | $230.64M | $298.82M | $291.92M | $310.65M | $294.7M | $327.93M | $345.86M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $330.38M | $332.43M | $287.83M | $275.33M | $359.87M | $364.64M | $392.63M | $386.94M | $417.33M | $415.42M |
| Supplementary Data | ||||||||||
| Total Debt | $15M | $43M | $50M | $44M | $60M | $61M | $80M | $87.06M | $85.8M | $66.35M |
| Net Debt | $13.72M | -$225K | $49.8M | $43.92M | $59.9M | $60.96M | $80M | $91.29M | $87.1M | $69.11M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
| Operating Activities | ||||||||||
| Net Income | $20.56M | $45.57M | $14.91M | -$52.21M | $23.91M | $1.86M | $37.19M | -$4.31M | $11.03M | $25.62M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $842K | -$261K | -$587K | $430K | -$510K | $941K | $650K | -$1.92M | -$148K | $350K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $10.14M | $2.75M | $928K | -$468K | -$10.68M | $9.87M | -$3.28M | $1.55M | $340K | $2.57M |
| Other Working Capital | -$162K | $124K | $156K | $122K | -$294K | -$130K | $82K | $29K | $45K | -$31K |
| Total Working Capital Change | $10.82M | $2.61M | $497K | $84K | -$11.48M | $10.68M | -$2.55M | -$345K | $238K | $2.89M |
| Other Non-Cash Items | $1.99M | -$44.18M | -$11.8M | $84.06M | $6.02M | $27.1M | -$6.34M | $32.31M | -$1.75M | -$5M |
| Net Cash from Operating | $33.36M | $4.01M | $3.61M | $31.94M | $18.44M | $39.64M | $28.29M | $27.66M | $9.52M | $26.43M |
| Investing Activities | ||||||||||
| Capital Expenditures | $0 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$112.04M | -$101.91M | -$59.64M | -$81.62M | -$157.29M | -$98.7M | -$92.96M | -$109.06M | -$79.51M | -$64.6M |
| Sales of Investments | $104.02M | $81.43M | $42.78M | $92.82M | $168.36M | $103.7M | $128.3M | $127.67M | $67.2M | $53.67M |
| Other Investing Activities | $8.02M | $20.48M | $3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$8.02M | -$20.48M | -$16.85M | $11.2M | $11.07M | $5M | $35.34M | $18.61M | -$12.31M | -$10.94M |
| Financing Activities | ||||||||||
| Debt Repaid | $28M | $7M | -$6M | $16M | $1M | $19M | -$80M | - | - | - |
| Common Stock Issuance | $20.16M | $25.46M | $11.52M | $5.35M | $7.74M | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$24.47M | -$22.44M | -$21.01M | -$21.32M | -$25.12M | -$20.6M | -$21.23M | -$28.92M | -$28.96M | -$36.43M |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.26M | $19.45M | $17.7M |
| Net Cash from Financing | -$32.31M | -$3.98M | -$3.49M | -$31.97M | -$18.38M | -$39.6M | -$28.29M | -$27.66M | -$9.52M | -$18.73M |
| Forex Effect | $0 | $0 | $0 | -$11.2M | -$11.07M | -$5M | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.05M | $29K | $119K | -$27K | $60K | $45K | $35.34M | $18.61M | -$12.31M | -$3.24M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $33.36M | $4.01M | $3.61M | $31.94M | $18.44M | $39.64M | $28.29M | $27.66M | $9.52M | $26.43M |
| Capital Expenditure | $4 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $33.36M | $4.01M | $3.61M | $31.94M | $18.44M | $39.64M | $28.29M | $27.66M | $9.52M | $26.43M |
| Cash at Beginning | $225K | $196K | $77K | $104K | $45K | $35.34M | $18.61M | $0 | $0 | $0 |
| Cash at End | $1.28M | $225K | $196K | $77K | $104K | $45K | $35.34M | $18.61M | -$12.31M | -$3.24M |