Form 4: DoubleLine Opportunistic Credit Fund: Trustee John C. Salter Reports Changes in Beneficial Ownership

Trustee John C. Salter reports changes in beneficial ownership of DoubleLine Opportunistic Credit Fund shares due to interests payable based on the net asset value of Common Shares of the Issuer through a deferred compensation plan.

Summary

• On July 1, 2024, John C. Salter, a Trustee of DoubleLine Opportunistic Credit Fund, reported changes in beneficial ownership.
• The changes are related to interests payable based on the net asset value of Common Shares of the Issuer through a deferred compensation plan.
• Salter acquired 245.902 Common Shares at a price of $15.25, resulting in a total of 10,639.137 shares beneficially owned indirectly.
• The interests are settled at the end of a deferral period in accordance with the terms of a deferred compensation plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a transaction related to a deferred compensation plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transaction itself has minimal direct impact on other stakeholders.

Key Dates