Market Overview

DoubleLine Income Solutions Trust announces monthly cash distribution and annual indicative distribution amount


TORONTO, Nov. 20, 2017 /CNW/ - DoubleLine Income Solutions Trust (TSX:DSL.UN) (the "Fund") announced today a cash distribution for the month of December for Class A Units and Class U Units. Unitholders of record at the close of business on November 30, 2017 will receive a cash distribution in the amount of C$0.05417 per Class A Unit and US$0.05417 per Class U Unit, payable on or about December 14, 2017.

The Fund also announced today that, based upon the prevailing market conditions and the estimate by DoubleLine Capital LP, the portfolio manager of the Fund, of distributable cash flow for the year, the annual indicative distribution amount of the Fund for the 12 months ending December 31, 2018 will continue to be $0.65 per Class A Unit and US$0.65 per Class U Unit.

The Fund does not have a fixed distribution policy and will make formal distribution announcements on a monthly basis. The amount of distributions may fluctuate from month to month and there can be no assurance that the Fund will make any distribution in any particular month or months or that the indicative distribution target will be met. Further information about the Fund can be found at under "Investment Funds".

SOURCE BMO Financial Group

View original content:

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at