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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Price-to-Owner-Earnings : (As of Jun. 06, 2024)


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What is Doubleline Opportunistic Credit Fund Price-to-Owner-Earnings?

As of today (2024-06-06), Doubleline Opportunistic Credit Fund's share price is $15.23. Doubleline Opportunistic Credit Fund does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings or its related term are showing as below:


DBL's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.975
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-06), Doubleline Opportunistic Credit Fund's share price is $15.23. Doubleline Opportunistic Credit Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.92. Therefore, Doubleline Opportunistic Credit Fund's PE Ratio for today is 16.55.

As of today (2024-06-06), Doubleline Opportunistic Credit Fund's share price is $15.23. Doubleline Opportunistic Credit Fund's EPS without NRI for the trailing twelve months (TTM) ended in was $0.92. Therefore, Doubleline Opportunistic Credit Fund's PE Ratio without NRI for today is 16.55.

During the past 7 years, Doubleline Opportunistic Credit Fund's highest PE Ratio without NRI was 155.77. The lowest was 6.52. And the median was 16.46.


Doubleline Opportunistic Credit Fund Price-to-Owner-Earnings Historical Data

The historical data trend for Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Chart

Doubleline Opportunistic Credit Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Owner-Earnings
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Doubleline Opportunistic Credit Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings

For the Asset Management subindustry, Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings falls into.



Doubleline Opportunistic Credit Fund Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=15.23/0.00
=

* 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) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Doubleline Opportunistic Credit Fund Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Doubleline Opportunistic Credit Fund's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


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