DSL Stock Summary and Trading Ideas (Doubleline Income Solutions Common Shares Of Beneficial Interests | NYSE:DSL)

The Fund's investment objective is to provide a high level of current income and its secondary objective is to seek capital appreciation. The Fund will seek to achieve its investment objectives by investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both. The Fund may invest in debt securities and other income-producing investments anywhere in the world, including in emerging markets. The Fund's investment adviser, DoubleLine Capital LP ("DoubleLine" or the "Adviser"), allocates the Fund's assets among debt security market sectors, and among investments within those sectors, in an attempt to construct a portfolio providing the potential for a high level of current income and for capital appreciation consistent with what DoubleLine considers an appropriate level of risk in light of market conditions prevailing at the time.

Doubleline Income Solutions Common Shares Of Beneficial Interests trades on the NYSE stock market under the symbol DSL.

As of April 19, 2024, DSL stock price climbed to $12.11 with 344,336 million shares trading.

DSL has a beta of 0.65, meaning it tends to be less sensitive to market movements. DSL has a correlation of 0.25 to the broad based SPY ETF.

DSL has a market cap of $1.28 billion. This is considered a Small Cap stock.

In the last 3 years, DSL stock traded as high as $18.55 and as low as $10.22.

DSL has underperformed the market in the last year with a return of +16.1%, while the SPY ETF gained +21.2%. In the last 3 month period, DSL fell short of the market, returning +1.1%, while SPY returned +4.3%. However, in the most recent 2 weeks DSL has outperformed the stock market by returning -3.2%, while SPY returned -3.5%.

DSL support price is $11.90 and resistance is $12.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DSL stock will trade within this expected range on the day.