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DLY: This Bond CEF Is Extremely Expensive And Has Limited Upside
DoubleLine Yield Opportunities Fund has a low yield compared to peers, disappointing income-seeking investors. The fund has been delivering strong share price appreciation recently, which has pushed the price above any that is justified. The fund alters its strategy based on market conditions, which should allow it to deliver returns even as yields decline.
Seekingalpha | 1 year ago
DLY: Positioning Was Favorable For This Fund Year-To-Date
DoubleLine Yield Opportunities Fund primarily invests in debt securities, which currently offer higher yields than common equities. The DLY fund has a distribution yield of 8.97%, which is probably attractive to income-focused investors, but lower than some peers. The fund's performance has been decent, but caution is advised as the share price may have gotten ahead of itself.
Seekingalpha | 1 year ago
