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Doubleline Opportunistic Credit Fund V.DBL


Primary Symbol: DBL

Doubleline Opportunistic Credit Fund operates as a closed-end management investment company. The Fund will seek to achieve its investment objective 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 income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments. Under normal circumstances, the Fund will invest at least 80% of its total assets in debt securities, convertible securities, loans and other securities or instruments that provide investment exposure to the credit of an issuer, obligor or counterparty, including through credit default swaps and other derivatives.


NYSE:DBL - Post by User

Post by marketsenseon Aug 22, 2017 12:49pm
250 Views
Post# 26608172

Focus

FocusOn what counts.  The guys behind PP did not buy the property to have a disaster on their
hands.  Personally I don't care if PP ever produces 1 lb of zinc as long as lt can be packaged
attractively enough for a sale to a deep pocketed senior miner.   I  think that is where this is 
going so all the negative stuff concerning the mine is the wrong focus.  Zinc is in demand and 
Pine Point has lots of it.  If zinc prices continue much higher,  there will be plenty of interest in 
PP.  The F/S will just help make the asset that much more marketable.  GLTA
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