Form 4: DoubleLine Yield Opportunities Fund: Trustee John C. Salter Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Trustee John C. Salter reports changes in beneficial ownership of DoubleLine Yield Opportunities Fund (DLY) common shares due to interests held through a deferred compensation plan.
Summary
- On July 1, 2024, John C. Salter, a trustee of DoubleLine Yield Opportunities Fund (DLY), reported changes in his beneficial ownership of the fund's common shares.
- These changes are related to interests held through a deferred compensation plan.
- The reported transaction involved a notional acquisition of 235.11 common shares at a price of $15.95.
- Following the transaction, Salter beneficially owns 10,314.864 common shares indirectly through the deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating standard insider trading activity. It doesn't inherently suggest positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for individuals with insider access to publicly traded companies or funds, ensuring transparency in their transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving notional acquisition of common shares. |
| 07/02/2024 | Date of report filing. |
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