DBL (Doubleline Opportunistic Credit Fund) Shares Outstanding (Basic Average): 18.56 Mil (As of Mar. 2026)


DBL Doubleline Opportunistic Credit Fund DBL
38 GF Score
Price $14.31
GF Value $7.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Doubleline Opportunistic Credit Fund Shares Outstanding (Basic Average)?

Doubleline Opportunistic Credit Fund DBL +0.07% 38 Shares Outstanding (Basic Average) is 18.56 Mil as of Mar. 2026. GuruFocus rates DBL with a GF Score™ of 38/100 and a GF Value™ of $7.01 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Doubleline Opportunistic Credit Fund's average basic shares outstanding for the quarter that ended in Mar. 2026 was 18.56 Mil.


Doubleline Opportunistic Credit Fund  (NYSE:DBL) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Doubleline Opportunistic Credit Fund Shares Outstanding (Basic Average) Related Terms


Doubleline Opportunistic Credit Fund Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Doubleline Opportunistic Credit Fund's Shares Outstanding (Basic Average) 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.

Doubleline Opportunistic Credit Fund Shares Outstanding (Basic Average) Chart

Doubleline Opportunistic Credit Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 14.94 15.63 16.21 17.33 19.04

Doubleline Opportunistic Credit Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.05 17.61 19.01 19.07 18.56
DBL
38GF Score
Doubleline Opportunistic Credit Fund DBL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Doubleline Opportunistic Credit Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 18.56 Mil mean?
Doubleline Opportunistic Credit Fund (DBL) has a Shares Outstanding (Basic Average) of 18.56 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Doubleline Opportunistic Credit Fund and its competitors.
Is Doubleline Opportunistic Credit Fund's Shares Outstanding (Basic Average) too high?
Doubleline Opportunistic Credit Fund's current Shares Outstanding (Basic Average) is 18.56 Mil. Overall, Doubleline Opportunistic Credit Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doubleline Opportunistic Credit Fund's Shares Outstanding (Basic Average) compare to BGH and CFNB?
Doubleline Opportunistic Credit Fund's Shares Outstanding (Basic Average) of 18.56 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Doubleline Opportunistic Credit Fund and its competitors. Doubleline Opportunistic Credit Fund's current Shares Outstanding (Basic Average) is 18.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doubleline Opportunistic Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Doubleline Opportunistic Credit Fund (DBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.01, compared to a current price of $14.31 — trading 104.1% above its estimated fair value. The current Shares Outstanding (Basic Average) is 18.56 Mil. Doubleline Opportunistic Credit Fund's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Doubleline Opportunistic Credit Fund (DBL), the current Shares Outstanding (Basic Average) is 18.56 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Doubleline Opportunistic Credit Fund (DBL) Overvalued in 2026?

Based on GuruFocus' analysis, Doubleline Opportunistic Credit Fund stock appears to be overvalued. The current stock price of $14.31 is trading 104.1% above its estimated GF Value™ of $7.01. GuruFocus considers Doubleline Opportunistic Credit Fund to be Significantly Overvalued.

Key valuation signals for DBL:

  • Shares Outstanding (Basic Average): 18.56 Mil
  • GF Value™: $7.01 vs. price of $14.31 (104.1% above fair value)
  • GF Score™: 38/100 with 4 warning signs

No single metric tells the full story. See the DBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Doubleline Opportunistic Credit Fund Business Description

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.
38GF Score

Get the complete analysis for DBL

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.31
Price
$7.01
GF Value