Form 4: DoubleLine Yield Opportunities Fund: Trustee John C. Salter Reports Acquisition of Common Shares
SEC Form 4 Filing
Trustee John C. Salter reports acquisition of DoubleLine Yield Opportunities Fund shares through a deferred compensation plan.
Summary
- On October 1, 2024, John C. Salter, a trustee of DoubleLine Yield Opportunities Fund, acquired 228.519 common shares.
- The acquisition was made indirectly through a deferred compensation plan.
- The price per share was $16.41.
- Following the transaction, Salter beneficially owns 10,767.084 common shares indirectly.
- The interests are payable based on the net asset value of Common Shares of the Issuer.
- Interests are settled at the end of a deferral period in accordance with the terms of a deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The trustee's acquisition of shares could be interpreted as a positive signal, indicating confidence in the fund's future performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of common shares. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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