Updated: December 7, 2022
Last week in these pages we sang the praises of bond god Jeffrey Gundlach. His DoubleLine Income Solutions Fund (DSL) looked poised to pop:
DSL investors have three ways to win here. First, the fund pays an electric 11.5% yield. Next, its NAV is likely to rise as both short and long rates decline. And finally, the fund trades today at a 4% discount, which means we are getting paid to ride shotgun with Gundlach.
DSL: 3 Ways to Win (Last Week’s View)
We also discussed that DSL dishes its dividend monthly. Which is almost 1% every 30 days! Unheard of.… Read more