# DoubleLine Yield Opportunities Fund (DLY): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dly for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: DoubleLine · Asset class: Equity - Strategy: Thematic · Inception: 2020-02-27 Doubleline Yield Opportunities Fund is a non-diversified, limited term closed-end management investment company. Its objective is to seek a level of current income, capital appreciation, or both. The company is headquartered in Los Angeles, CA. ## Key Facts | Metric | Value | |---|---| | Price | $13.02 | | Expense Ratio | 2.89% | | Assets Under Management | $632.0M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 10.76% | | Annual Distribution (TTM) | $1.40 /share | | Distribution Frequency | Monthly | | 52-Week Range | $12.95 – $15.03 | | Beta | 0.57 | ## Latest Distribution - Amount: $0.1167 /share - Ex-date: 2026-10-14 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does DLY invest in? Doubleline Yield Opportunities Fund is a non-diversified, limited term closed-end management investment company. Its objective is to seek a level of current income, capital appreciation, or both. The company is headquartered in Los Angeles, CA. ### What is the expense ratio of DLY? DoubleLine Yield Opportunities Fund (DLY) charges an expense ratio of 2.89%. This is the annual fee deducted from fund assets to cover management and operations. ### What is DLY's dividend yield? DLY's trailing-twelve-month yield is 10.76%, calculated from the sum of dividends over the past year divided by the current price. ### How big is DLY? DoubleLine Yield Opportunities Fund (DLY) manages $632.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DLY actively managed or an index fund? DLY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was DLY launched? DoubleLine Yield Opportunities Fund (DLY) launched in February 2020 and is managed by DoubleLine. ### Does DLY pay a dividend? Yes, DoubleLine Yield Opportunities Fund (DLY) distributes dividends to shareholders. The trailing-twelve-month yield is 10.76%. Full dividend history is on this page. ### How often does DLY pay dividends? DoubleLine Yield Opportunities Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is DLY's next ex-dividend date? The most recently announced ex-dividend date for DLY was 2026-10-14. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will DLY's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.89% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DLY charge its expense ratio? The expense ratio is deducted in tiny daily slices from DLY's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DLY cost more than a fund like VOO? DLY's strategy (current expense ratio 2.89%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DLY sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DLY? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DLY (2.89%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dly - Distribution history: https://www.dividenddata.com/funds/dly/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dly/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dly/expenses - Peer comparison: https://www.dividenddata.com/funds/dly/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.