DoubleLine Income Solutions Fund (DSL)
The DoubleLine Income Solutions Fund, managed by DoubleLine Capital LP, is a closed-end mutual fund that concentrates on fixed income assets. It actively seeks investment opportunities across global debt markets. The fund's primary portfolio consists of a broad spectrum of debt instruments, including those from domestic and international corporations, obligations from foreign governments and their associated entities, mortgage-backed securities, exchange-traded hybrid real estate investment trust (REIT) securities, bank loans, and municipal bonds issued by state and local authorities or government-sponsored enterprises. This fund is domiciled in the United States.
Industry: Asset Management - Income
DoubleLine Income Solutions Fund
NYSE:DSLFinancial Services · Asset Management - Income
+0.41%$9.74
AH Close$9.74+0.00%vs close
AH$9.74+0.00%vs close
Mkt Cap$1.12B
Float111.48M
O/S114.57M
Inst Own25.0%
SI0.3%
Div Yield13.55%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$142.03M
Net Income$108.96M
Total Assets$1.89B
Free Cash Flow$109.16M
Debt & Equity
Debt 22%
Equity 78%
Total Debt$395M
Total Equity$1.42B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DSL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.89B
Liabilities$465.24M
Accounts Receivable$46.26M
Accounts Payable$67.72M
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 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | 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 | 2015-09-30 | 2014-09-30 | 2013-09-30 |
| Revenue | $142.03M | $266.7M | -$34.69M | $155.98M | $220.78M | -$115.72M | $60.94M | $52.22M | $319.72M | $163.58M | $237.64M | $230.7M | $72.4M |
| YoY Growth | -46.7% | -868.8% | -122.2% | -29.4% | -290.8% | -289.9% | 16.7% | -83.7% | 95.4% | -31.2% | 3.0% | 218.6% | - |
| Cost of Revenue | $19.39M | $23.77M | $17.06M | $23.28M | $26.98M | $26.56M | $32.17M | $35.27M | $35.17M | $32.19M | $50.16M | $50.3M | $16.7M |
| Gross Profit | $122.65M | $266.7M | -$51.76M | $132.7M | $193.8M | -$142.28M | $28.77M | $16.95M | $284.55M | $131.39M | $187.49M | $180.4M | $55.7M |
| Gross Margin | 86.3% | 100.0% | 149.2% | 85.1% | 87.8% | 123.0% | 47.2% | 32.5% | 89.0% | 80.3% | 78.9% | 78.2% | 76.9% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.83M | $1.92M | $1.48M | $1.58M | $2.09M | $2.46M | $3.44M | $5.09M | $5.54M | $0 | $207K | $200K | $100K |
| Other | -$10.1M | $0 | $0 | $0 | $0 | $1K | $12K | $22K | $23K | $101.35M | $131K | $100K | $100K |
| Total Operating Expenses | -$8.27M | $1.92M | $1.48M | $1.58M | $2.09M | $2.46M | $3.46M | $5.11M | $5.56M | -$147.39M | $338K | $300K | $200K |
| Operating Income (EBIT) | $130.92M | $264.78M | $126.57M | -$450.29M | $364.96M | -$105.6M | $85.39M | $71.06M | $329.56M | $278.78M | $187.15M | $180.1M | $55.5M |
| Operating Margin | 92.2% | 99.3% | -364.8% | -288.7% | 165.3% | 91.3% | 140.1% | 136.1% | 103.1% | 170.4% | 78.8% | 78.1% | 76.7% |
| Interest Expense | $21.96M | $23.77M | $21.95M | $10.34M | $5.91M | $12.58M | $27.91M | $23.95M | $15.4M | $11.01M | -$336.2M | $97M | -$155.5M |
| Interest Income | $155.94M | $147.41M | $149.31M | $183.88M | $203.23M | $211.2M | $239.36M | $242.29M | $228.81M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$21.96M | -$23.77M | -$21.95M | -$10.34M | -$5.91M | -$12.58M | -$27.91M | $0 | $35.17M | -$11.01M | -$336.2M | $97M | -$155.5M |
| Income Before Tax (EBT) | $108.96M | $264.78M | $104.61M | -$460.63M | $359.05M | -$118.18M | $57.48M | $47.11M | $314.16M | $267.77M | -$149.05M | $277.1M | -$100M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | $0 | $0 | $0 | $0 |
| Net Income | $108.96M | $264.78M | $104.61M | -$460.63M | $359.05M | -$118.18M | $57.48M | $47.11M | $314.16M | $278.78M | -$149.05M | $277.1M | -$100M |
| Net Income Margin | 76.7% | 99.3% | -301.6% | -295.3% | 162.6% | 102.1% | 94.3% | 90.2% | 98.3% | 170.4% | -62.7% | 120.1% | -138.1% |
| Supplementary Data | |||||||||||||
| EPS | 0.96 | 2.41 | 1.02 | -4.52 | 3.52 | -1.16 | 0.57 | 0.46 | 3.11 | 2.75 | -1.47 | 2.74 | -0.99 |
| Diluted EPS | 0.96 | 2.41 | 1.02 | -4.52 | 3.52 | -1.16 | 0.57 | 0.46 | 3.11 | 2.75 | -1.47 | 2.74 | -0.99 |
| Weighted Average OS | 113.50M | 110.08M | 102.56M | 102.00M | 102.00M | 101.96M | 101.58M | 101.39M | 101.02M | 101.30M | 101.35M | 101.30M | 101.30M |
| EBITDA | $108.96M | $288.56M | $126.56M | -$450.06M | $365.2M | -$105.39M | $85.39M | $47.11M | $329.56M | $267.77M | -$485.26M | $374.1M | -$255.5M |
| EBITDA Margin | 76.7% | 108.2% | -364.8% | -288.5% | 165.4% | 91.1% | 140.1% | 90.2% | 103.1% | 163.7% | -204.2% | 162.2% | -352.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | 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 | 2014-09-30 | 2013-09-30 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $25K | $1.56M | $0 | $270K | $0 | $5.42M | $10.41M | $13.22M | $0 | $5.39M | $0 | $0 |
| Short-Term Investments | $25.41M | $10.29M | $20.32M | $0 | $934K | $0 | $0 | $0 | $59.82M | $38.42M | $0 | $0 |
| Cash and Short-Term Investments | $25K | $11.85M | $20.32M | $270K | $934K | $5.42M | $10.41M | $13.22M | $59.82M | $43.81M | $0 | $0 |
| Accounts Receivable | $46.26M | $44.85M | $32.08M | $39.8M | $78.13M | $51.93M | $52.48M | $84.45M | $52.7M | $60.98M | $88.6M | $72.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $57.35M | $108.22M | $149.32M | $0 | $0 | $0 | $0 |
| Other Current Assets | -$71.7M | -$55.14M | -$20.32M | $8.87M | -$934K | -$57.35M | -$108.22M | -$149.32M | -$112.52M | -$104.79M | $0 | $0 |
| Total Current Assets | $46.29M | $1.56M | $32.08M | $40.07M | $78.13M | $57.35M | $62.89M | $97.67M | $52.7M | $66.36M | $88.6M | $72.5M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.82B | $1.8B | $1.55B | $1.71B | $2.59B | $2.28B | $2.82B | $2.98B | $3.1B | $2.81B | $3.34B | $3.25B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $27.1M | $1.85B | $1.58B | $1.75B | $2.59B | $0 | -$2.82B | -$2.98B | -$3.1B | $38.42M | -$3.34B | -$3.25B |
| Total Long-Term Assets | $1.84B | $1.8B | $1.55B | $1.71B | $2.59B | $2.28B | $2.82B | $2.98B | $3.1B | $2.85B | $3.34B | $3.25B |
| Other Assets | $1.89B | $47.34M | $3.98M | $313K | $313K | $40K | $42K | $45K | $148K | $120K | $0 | $0 |
| Total Assets | $1.89B | $1.85B | $1.58B | $1.75B | $2.67B | $2.33B | $2.88B | $3.08B | $3.15B | $2.92B | $3.43B | $3.32B |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $67.72M | $26.19M | $10.5M | $2.31M | $25.96M | $5.16M | $57.07M | $51.46M | $29.8M | $0 | $69.1M | $51.1M |
| Short-Term Debt | $395M | $415M | $370M | $510M | $773.88M | $670M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | -$359.5M | -$507.69M | -$747.92M | -$670M | -$870M | -$950M | -$900M | $0 | $0 | $0 |
| Other Current Liabilities | -$395M | -$443.92M | -$21.45M | -$4.98M | -$32.94M | -$2.82M | -$60.13M | -$55.72M | -$34.62M | $2.54M | $2.9M | $17.5M |
| Total Current Liabilities | $67.72M | $28.92M | $10.5M | $2.31M | $25.96M | $5.89M | $60.23M | $55.8M | $34.9M | $62.1M | $72M | $68.6M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $395M | $415M | $370M | $510M | $770M | $0 | $0 | $0 | $0 | $770M | $1.01B | $1B |
| Long-Term Unearned Revenue | $0 | $0 | $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 | $0 | $0 |
| Other Long-Term Liabilities | $2.52M | $2.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $397.52M | $417.85M | $370M | $510M | $770M | $670M | $870M | $950M | $900M | $770M | $1.01B | $1B |
| Other Liabilities | $0 | $444.03M | $11M | $2.7M | $7.09M | $3.63M | $0 | $0 | -$22K | $0 | $0 | $0 |
| Total Liabilities | $465.24M | $444.03M | $391.5M | $515.01M | $803.05M | $678.79M | $930.23M | $1.01B | $934.88M | $832.1M | $1.08B | $1.07B |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $1.21B | $0 | $0 | $463.65M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $0 | $0 |
| Retained Earnings | -$1.11B | -$1.1B | -$1.23B | -$1.19B | $24.66M | -$12.31M | $1.04M | -$5.64M | -$8.91M | -$11.65M | -$3.4M | -$14.3M |
| Comprehensive Income & Other | $0 | $0 | $0 | -$1.21B | -$578.17M | -$756.24M | -$463.65M | -$331.88M | -$191.22M | -$319.29M | -$62.5M | -$145.6M |
| Other Stockholders' Equity | $2.54B | $2.5B | $2.42B | $2.42B | $1.85B | $1.67B | $1.95B | $2.08B | $2.22B | $2.09B | $2.35B | $2.27B |
| Total Equity | $1.42B | $1.41B | $1.19B | $1.23B | $1.87B | $1.65B | $1.95B | $2.08B | $2.21B | $2.08B | $2.35B | $2.25B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.89B | $1.85B | $1.58B | $1.75B | $2.67B | $2.33B | $2.88B | $3.08B | $3.15B | $2.92B | $3.43B | $3.32B |
| Supplementary Data | ||||||||||||
| Total Debt | $395M | $415M | $370M | $510M | $770M | $670M | $870M | $950M | $900M | $770M | $1.01B | $1B |
| Net Debt | $394.98M | -$1.56M | $370M | $509.73M | $770M | $664.58M | $859.59M | $936.78M | $900M | $764.61M | $1.01B | $1B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | 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 | 2015-09-30 | 2014-09-30 | 2013-09-30 |
| Operating Activities | |||||||||||||
| Net Income | $108.96M | $264.78M | $104.61M | -$460.63M | $359.05M | -$118.18M | $57.48M | $47.11M | $314.16M | $267.77M | -$149.05M | $277.1M | -$100M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$2.8M | -$11.38M | $7.72M | $38.33M | -$26.2M | $546K | $31.97M | -$31.75M | $8.28M | -$572K | $0 | -$16.1M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $3.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $41.07M | $16.44M | $7.65M | -$28.08M | $20.38M | -$49.86M | $4.74M | $18.65M | -$27.31M | $48.22M | $0 | -$18M | $0 |
| Other Working Capital | $168K | -$8.86M | $8.83M | $40K | -$280K | -$1.57M | -$307K | $2.38M | $54K | $100K | $0 | $34.9M | $0 |
| Total Working Capital Change | $38.44M | -$3.8M | $24.2M | $10.28M | -$2.21M | -$50.89M | $36.4M | -$10.72M | -$18.98M | $47.75M | $89.31M | $800K | -$3.43B |
| Other Non-Cash Items | -$38.24M | -$258.84M | $162.63M | $887.17M | -$318.92M | $545.54M | $162.14M | $112.46M | -$247.23M | -$143.99M | $338.57M | -$92.1M | $161.1M |
| Net Cash from Operating | $109.16M | $2.14M | $291.44M | $436.83M | $37.91M | $376.47M | $256.02M | $148.85M | $47.95M | $219.18M | $278.83M | $185.8M | -$3.37B |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$833.69M | -$849.12M | -$321.01M | -$507.37M | -$1.14B | -$1.02B | -$1.15B | -$1.07B | -$1.39B | -$1.11B | $0 | $0 | $0 |
| Sales of Investments | $797.02M | $728.71M | $473.18M | $802.72M | $1.03B | $1.24B | $1.2B | $1.05B | $1.47B | $951.98M | $0 | $0 | $0 |
| Other Investing Activities | $36.67M | $120.41M | $0 | $0 | $0 | $0 | $0 | $0 | -$168.79M | $311.56M | $0 | $0 | $0 |
| Net Cash from Investing | -$36.67M | -$120.41M | $152.17M | $295.36M | -$114.39M | $217.89M | $45.57M | -$23.87M | -$84.39M | $155.78M | $0 | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | $20M | -$45M | $140M | $260M | -$100M | $200M | $80M | -$50M | -$130M | - | - | - | - |
| Common Stock Issuance | $52.26M | $86.1M | $3.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$143.72M | -$133.12M | -$151.35M | -$176.56M | -$143.33M | -$181.47M | -$178.84M | -$185.62M | -$183.34M | -$191.25M | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$155M | -$277.87M | -$185.8M | $3.37B |
| Net Cash from Financing | -$111.46M | -$2.02M | -$288.06M | -$436.56M | -$43.33M | -$381.47M | -$258.84M | -$135.62M | -$53.34M | -$346.25M | -$277.87M | -$185.8M | $3.37B |
| Forex Effect | $0 | $0 | -$15.1M | -$295.36M | $114.39M | -$217.89M | -$45.57M | $23.87M | $84.39M | -$24.29M | $0 | $0 | $0 |
| Net Change in Cash | -$2.3M | $119K | $3.38M | $270K | -$5.42M | -$5M | -$2.81M | $13.22M | -$5.39M | $4.43M | $963K | $0 | $0 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $109.16M | $2.14M | $291.44M | $436.83M | $37.91M | $376.47M | $256.02M | $148.85M | $47.95M | $219.18M | $278.83M | $185.8M | -$3.37B |
| Capital Expenditure | $0 | $0 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $109.16M | $2.14M | $291.44M | $436.83M | $37.91M | $376.47M | $256.02M | $148.85M | $47.95M | $219.18M | $278.83M | $185.8M | -$3.37B |
| Cash at Beginning | $3.77M | $3.65M | $270K | $0 | $5.42M | $10.41M | $13.22M | $0 | $5.39M | $963K | $0 | $0 | $0 |
| Cash at End | $1.46M | $3.77M | $3.65M | $270K | $0 | $5.42M | $10.41M | $13.22M | $0 | $5.39M | $963K | $0 | $0 |