DLY CEF — DoubleLine Yield Opportunities Fund

DoubleLine Yield Opportunities Fund (DLY)

Updated October 16, 2026.

DLY is a CEF. its distribution rate is 10.70%, its trailing-12-month yield is 10.70%, its expense ratio is 2.66% as of 2026-10-02. Dividend Vision Distribution Safety Score™ is 89/100 (Safe). Total return is 17.2% over the past 6.6 years, 152.3 points behind SPY at 169.5%.

DoubleLine Yield Opportunities Fund is a closed-end fund that actively allocates across global fixed-income markets, including debt securities of varying credit quality and emerging-market issuers. DLY is its traded share symbol; XDLYX identifies its separate NAV quotation.

DLY performance versus SPY

Price and return data through 2026-10-16.

Total return is 17.2% over the past 6.6 years, 152.3 points behind SPY at 169.5%. Over the past year its total return — price change plus distributions reinvested — is -1.2%. Its deepest 1-year drawdown was 8.3%.

DLY key facts

Distribution Safety Score™

89 · Safe

Safety-Adjusted Yield

9.52%

Issuer

DoubleLine

Asset type

CEF

Asset class

Fixed Income

Inception date

02/25/2020

Expense ratio

2.66% (as of 2026-10-02)

Management fee

1.60%

Other operating expenses

0.13%

Acquired fund fees and expenses (AFFE)

0.01%

Interest expense

0.94%

Total annual operating expenses

2.68%

Distribution rate

10.70%

Distribution frequency

Monthly

Trailing yield

10.70%

5-year average yield

9.03

Last close

$13.12 (as of 2026-10-16)

NAV

$14.45 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

Market cap

$635,861,632

Average volume

143635.0

Dividend

$0.117

Ex-dividend date

10/14/2026

Payment date

10/30/2026

Beta

0.3561

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (10.70%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.70%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: DoubleLine or company page; Fact sheet; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DLY risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.3%.

Who may consider DLY — and who may not

DLY may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DLY

• All tickers starting with D

Tagged: Credit, Fixed Income, CEF.

Frequently asked questions

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