Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Total Assets : $287.83 Mil (As of Sep. 2023)

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What is Doubleline Opportunistic Credit Fund Total Assets?

Doubleline Opportunistic Credit Fund's Total Assets for the quarter that ended in Sep. 2023 was $287.83 Mil.

During the past 12 months, Doubleline Opportunistic Credit Fund's average Total Assets Growth Rate was 4.50% per year. During the past 3 years, the average Total Assets Growth Rate was -7.60% per year. During the past 5 years, the average Total Assets Growth Rate was -7.10% per year.

During the past 7 years, Doubleline Opportunistic Credit Fund's highest 3-Year average Total Assets Growth Rate was -2.40%. The lowest was -11.20%. And the median was -6.00%.

Total Assets is connected with ROA %. Doubleline Opportunistic Credit Fund's annualized ROA % for the quarter that ended in Sep. 2023 was 4.30%. Total Assets is also linked to Revenue through Asset Turnover. Doubleline Opportunistic Credit Fund's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

Doubleline Opportunistic Credit Fund Total Assets Historical Data

The historical data trend for Doubleline Opportunistic Credit Fund's Total Assets 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.

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Doubleline Opportunistic Credit Fund Total Assets Chart

Doubleline Opportunistic Credit Fund Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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392.63

364.64

359.87

275.33

287.83

Doubleline Opportunistic Credit Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial								359.87	328.51	275.33	297.22	287.83

Doubleline Opportunistic Credit Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	236.06	+	51.77
	=	287.83

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

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	236.06	+	51.77
	=	287.83

Doubleline Opportunistic Credit Fund (NYSE:DBL) Total Assets Explanation

Total Assets is connected with ROA %.

Doubleline Opportunistic Credit Fund's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	12.584	/	( (297.217	+	287.83)	/ 2 )
	=	12.584	/	292.5235
	=	4.30 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Doubleline Opportunistic Credit Fund's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	6.569	/	( (297.217	+	287.83)	/ 2 )
=	6.569	/	292.5235
=	0.02

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Doubleline Opportunistic Credit Fund Total Assets Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Doubleline Opportunistic Credit Fund (NYSE:DBL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602

Website

https://www.doubleline.com

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