Advisory Services Network buys $838,320 stake in Doubleline Opportunistic Credit Fund (DBL)

Doubleline Opportunistic Credit Fund (DBL) : Advisory Services Network scooped up 500 additional shares in Doubleline Opportunistic Credit Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 33,600 shares of Doubleline Opportunistic Credit Fund which is valued at $838,320.Doubleline Opportunistic Credit Fund makes up approximately 0.16% of Advisory Services Network’s portfolio.

DoubleLine Opportunistic Credit Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind including without limitation residential and commercial mortgage-backed securities asset-backed securitites United States Government securities corporate debt international sovereign debt and short-term investments. The Fund’s investment adviser is DoubleLine Capital LP.

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