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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Pretax Margin % : 95.78% (As of Sep. 2023)


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What is Doubleline Opportunistic Credit Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Doubleline Opportunistic Credit Fund's Pre-Tax Income for the six months ended in Sep. 2023 was $6.29 Mil. Doubleline Opportunistic Credit Fund's Revenue for the six months ended in Sep. 2023 was $6.57 Mil. Therefore, Doubleline Opportunistic Credit Fund's pretax margin for the quarter that ended in Sep. 2023 was 95.78%.

The historical rank and industry rank for Doubleline Opportunistic Credit Fund's Pretax Margin % or its related term are showing as below:

DBL' s Pretax Margin % Range Over the Past 10 Years
Min: 75.82   Med: 97.31   Max: 120.64
Current: 96.64


DBL's Pretax Margin % is ranked better than
62.61% of 1669 companies
in the Asset Management industry
Industry Median: 90.07 vs DBL: 96.64

Doubleline Opportunistic Credit Fund Pretax Margin % Historical Data

The historical data trend for Doubleline Opportunistic Credit Fund's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Doubleline Opportunistic Credit Fund Pretax Margin % Chart

Doubleline Opportunistic Credit Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial 98.14 75.82 97.31 101.04 96.64

Doubleline Opportunistic Credit Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.10 101.62 100.71 97.27 95.78

Competitive Comparison of Doubleline Opportunistic Credit Fund's Pretax Margin %

For the Asset Management subindustry, Doubleline Opportunistic Credit Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Doubleline Opportunistic Credit Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Doubleline Opportunistic Credit Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Doubleline Opportunistic Credit Fund's Pretax Margin % falls into.



Doubleline Opportunistic Credit Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Doubleline Opportunistic Credit Fund's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=14.909/15.428
=96.64 %

Doubleline Opportunistic Credit Fund's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=6.292/6.569
=95.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Doubleline Opportunistic Credit Fund  (NYSE:DBL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Doubleline Opportunistic Credit Fund Pretax Margin % Related Terms

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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
Doubleline Opportunistic Credit Fund operates as a closed-end management investment company. Its investment objective is to seek a high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund invests in debt securities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments.
Executives
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DBL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Andrew Hsu other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Ken Shinoda other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Henry V Chase officer: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071

Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Headlines