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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Book Value per Share : $14.31 (As of Sep. 2023)


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What is Doubleline Opportunistic Credit Fund Book Value per Share?

Doubleline Opportunistic Credit Fund's book value per share for the quarter that ended in Sep. 2023 was $14.31.

During the past 12 months, Doubleline Opportunistic Credit Fund's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Doubleline Opportunistic Credit Fund was -0.60% per year. The lowest was -10.90% per year. And the median was -6.90% per year.

Doubleline Opportunistic Credit Fund's current price is $15.10. Its book value per share for the quarter that ended in Sep. 2023 was $14.31. Hence, today's PB Ratio of Doubleline Opportunistic Credit Fund is 1.06.

During the past 7 years, the highest P/B Ratio of Doubleline Opportunistic Credit Fund was 1.08. The lowest was 0.75. And the median was 0.99.

Good Sign:

Doubleline Opportunistic Credit Fund stock PB Ratio (=1.04) is close to 1-year low of 0.96


Doubleline Opportunistic Credit Fund Book Value per Share Historical Data

The historical data trend for Doubleline Opportunistic Credit Fund's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Doubleline Opportunistic Credit Fund Book Value per Share Chart

Doubleline Opportunistic Credit Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Book Value per Share
Get a 7-Day Free Trial 20.80 19.52 19.41 14.70 14.31

Doubleline Opportunistic Credit Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.41 17.48 14.70 14.59 14.31

Competitive Comparison of Doubleline Opportunistic Credit Fund's Book Value per Share

For the Asset Management subindustry, Doubleline Opportunistic Credit Fund's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Doubleline Opportunistic Credit Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Doubleline Opportunistic Credit Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Doubleline Opportunistic Credit Fund's PB Ratio falls into.



Doubleline Opportunistic Credit Fund Book Value per Share Calculation

Doubleline Opportunistic Credit Fund's Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(236.06-0.00)/16.50
=14.31

Doubleline Opportunistic Credit Fund's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(236.06-0.00)/16.50
=14.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Doubleline Opportunistic Credit Fund  (NYSE:DBL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Doubleline Opportunistic Credit Fund Book Value per Share Related Terms

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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
Doubleline Opportunistic Credit Fund operates as a closed-end management investment company. Its investment objective is to seek a high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund invests in debt securities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments.
Executives
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DBL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Andrew Hsu other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Ken Shinoda other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Henry V Chase officer: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071

Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Headlines