DoubleLine Income Solutions Trust Announces Monthly Cash Distribution and Annual Indicative Distribution Amount
TORONTO, ONTARIO -- (Marketwired) -- 11/18/16 -- DoubleLine Income Solutions Trust (TSX: DSL.UN) (the "Fund") announced today a cash distribution for the month of December for Class A Units and Class U Units. Unitholders of record at the close of business on November 30, 2016 will receive a cash distribution in the amount of C$0.05417 per Class A Unit and US$0.05417 per Class U Unit, payable on or about December 14, 2016.
The Fund also announced today that, based upon the prevailing market conditions and the estimate by DoubleLine Capital LP, the portfolio manager of the Fund, of distributable cash flow for the year, the annual indicative distribution amount of the Fund for the 12 months ending December 31, 2017 will continue to be $0.65 per Class A Unit and US$0.65 per Class U Unit.
The Fund does not have a fixed distribution policy and will make formal distribution announcements on a monthly basis. The amount of distributions may fluctuate from month to month and there can be no assurance that the Fund will make any distribution in any particular month or months or that the indicative distribution target will be met.
Further information about the Fund can be found at www.bmocm.com/investorsolutions under "Closed-End Funds".
Contacts: BMO Capital Markets 1.866.864.7760
Source: DoubleLine Income Solutions Trust
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Unveiling Lumu Autopilot: An AI-Powered, Autonomous Cybersecurity Incident Response and Management Technology
- Nauti-Craft, Marine Suspension Inventor, celebrates the Christening of a New Boat, the IMPULSE
- EBP Shareholders Enter into Exclusive Negotiations with Cegid to Create a European Leader in the Highly Strategic and Growing Market for Micro and SMB Enterprise Software
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
BMO CapitalSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!