% | $
Quotes you view appear here for quick access.

DoubleLine Total Return Bond I Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • geosci_investor geosci_investor Jan 25, 2013 8:44 PM Flag

    Why does the dividend keep dropping?

    Because the spread between short term and long term rates continues to shrink because of the Fed buying mortgage backed securities. This is also hammering the REITS like NLY which have had to cut their dividends repeatedly, which has caused the stock prices of REITS to plunge. That's why I like DBLTX, the NAV has not gone down just slowed down. Hopefully with long term rates and the spread starting to increase, GUNDLACH will be able to start increasing the dividend in the near future.

    Sentiment: Strong Buy

10.860.00(0.00%)Nov 25 6:45 PMEST