DSL: Solid Fund But Weighed Down By Interest Rates

  • DoubleLine Income Solutions Fund offers a high dividend yield but faces challenges due to elevated interest rates and reliance on lower credit-rated debt investments. The fund's performance has been mixed, with total returns of 61% over five years, but recent price declines and distribution sustainability are concerns. DSL trades at a slight discount to NAV, but the current interest rate environment and potential borrower defaults make it a cautious hold.