DoubleLine Funds Announce Joint Annual Meeting for February 22, 2024
Ticker: DSL · Form: DEF 14A · Filed: Jan 19, 2024 · CIK: 1566388
| Field | Detail |
|---|---|
| Company | Doubleline Income Solutions Fund (DSL) |
| Form Type | DEF 14A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $124,903, $100,000, $100,000 B |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, DoubleLine Funds, Shareholder Meeting, DEF 14A
TL;DR
<b>DoubleLine's DBL, DSL, and DLY funds will convene their joint annual shareholder meeting on February 22, 2024.</b>
AI Summary
DoubleLine Income Solutions Fund (DSL) filed a Proxy Statement (DEF 14A) with the SEC on January 19, 2024. Three DoubleLine Funds (DBL, DSL, DLY) will hold a joint annual meeting of shareholders on February 22, 2024. The meeting will take place at the funds' c/o DoubleLine address in Tampa, Florida. This filing is a Definitive Proxy Statement (DEF 14A) for the shareholders. The filing date is January 19, 2024, with the period of report ending September 30, 2023. No filing fee was required for this proxy statement.
Why It Matters
For investors and stakeholders tracking DoubleLine Income Solutions Fund, this filing contains several important signals. Shareholders need to be aware of the upcoming meeting date and location to participate in important fund governance decisions. This proxy statement provides essential information for shareholders to make informed voting decisions regarding the funds' operations and management.
Risk Assessment
Risk Level: low — DoubleLine Income Solutions Fund shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Shareholders should review the proxy materials to understand the proposals being voted on and cast their votes accordingly.
Key Numbers
- 2024-02-22 — Annual Meeting Date (Joint Annual Meeting of Shareholders)
- 2023-09-30 — Period of Report End Date (Conformed Period of Report)
- 2024-01-19 — Filing Date (Filed As Of Date)
Key Players & Entities
- DoubleLine Income Solutions Fund (company) — Registrant
- DoubleLine Opportunistic Credit Fund (company) — Registrant
- DoubleLine Yield Opportunities Fund (company) — Registrant
- DBL (company) — Fund ticker
- DSL (company) — Fund ticker
- DLY (company) — Fund ticker
- February 22, 2024 (date) — Annual Meeting Date
- January 19, 2024 (date) — Filing Date
FAQ
When did DoubleLine Income Solutions Fund file this DEF 14A?
DoubleLine Income Solutions Fund filed this Proxy Statement (DEF 14A) with the SEC on January 19, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by DoubleLine Income Solutions Fund (DSL).
Where can I read the original DEF 14A filing from DoubleLine Income Solutions Fund?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by DoubleLine Income Solutions Fund.
What are the key takeaways from DoubleLine Income Solutions Fund's DEF 14A?
DoubleLine Income Solutions Fund filed this DEF 14A on January 19, 2024. Key takeaways: Three DoubleLine Funds (DBL, DSL, DLY) will hold a joint annual meeting of shareholders on February 22, 2024.. The meeting will take place at the funds' c/o DoubleLine address in Tampa, Florida.. This filing is a Definitive Proxy Statement (DEF 14A) for the shareholders..
Is DoubleLine Income Solutions Fund a risky investment based on this filing?
Based on this DEF 14A, DoubleLine Income Solutions Fund presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading DoubleLine Income Solutions Fund's DEF 14A?
Shareholders should review the proxy materials to understand the proposals being voted on and cast their votes accordingly. The overall sentiment from this filing is neutral.
How does DoubleLine Income Solutions Fund compare to its industry peers?
The filing pertains to closed-end investment funds managed by DoubleLine Capital, focusing on credit and income strategies.
Are there regulatory concerns for DoubleLine Income Solutions Fund?
This is a standard DEF 14A filing under the Securities Exchange Act of 1934, requiring disclosure for shareholder meetings.
Industry Context
The filing pertains to closed-end investment funds managed by DoubleLine Capital, focusing on credit and income strategies.
Regulatory Implications
This is a standard DEF 14A filing under the Securities Exchange Act of 1934, requiring disclosure for shareholder meetings.
What Investors Should Do
- Review the proxy statement for details on proposals and voting procedures.
- Attend the joint annual meeting on February 22, 2024, or vote by proxy.
- Ensure your contact information is up-to-date with the fund administrator for proxy materials.
Key Dates
- 2024-02-22: Joint Annual Meeting of Shareholders — Shareholders will vote on fund matters.
- 2024-01-19: Filing Date — The proxy statement was officially filed with the SEC.
- 2023-09-30: Period of Report End Date — Defines the reporting period for the financial information discussed in the proxy.
Year-Over-Year Comparison
This is the initial filing for the 2024 annual meeting; no prior period comparison is available in this document.
Filing Stats: 4,735 words · 19 min read · ~16 pages · Grade level 13.1 · Accepted 2024-01-19 16:17:53
Key Financial Figures
- $124,903 — n of proxies for a fee of approximately $124,903 although the actual costs of the solici
- $100,000 — man None None None John C. Salter Over $100,000 Over $100,000 Over $100,000 Ronald R.
- $100,000 B — er Over $100,000 Ronald R. Redell Over $100,000 Beneficial Ownership . To the knowledge o
Filing Documents
- dbl-20240119.htm (DEF 14A) — 511KB
- dbl-20240119_g1.jpg (GRAPHIC) — 27KB
- dbl-20240119_g2.jpg (GRAPHIC) — 13KB
- dbl-20240119_g3.jpg (GRAPHIC) — 439KB
- dbl-20240119_g4.jpg (GRAPHIC) — 197KB
- dbl-20240119_g5.jpg (GRAPHIC) — 434KB
- dbl-20240119_g6.jpg (GRAPHIC) — 196KB
- dbl-20240119_g7.jpg (GRAPHIC) — 434KB
- dbl-20240119_g8.jpg (GRAPHIC) — 196KB
- 0000894189-24-000310.txt ( ) — 5168KB
- dbl-20240119.xsd (EX-101.SCH) — 4KB
- dbl-20240119_def.xml (EX-101.DEF) — 8KB
- dbl-20240119_lab.xml (EX-101.LAB) — 13KB
- dbl-20240119_pre.xml (EX-101.PRE) — 8KB
- dbl-20240119_htm.xml (XML) — 7KB
From the Filing
dbl-20240119 SCHEDULE 14A INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Under Rule 14a-12 DoubleLine Opportunistic Credit Fund DoubleLine Income Solutions Fund DoubleLine Yield Opportunities Fund (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON FEBRUARY 22, 2024 DOUBLELINE OPPORTUNISTIC CREDIT FUND (DBL) DOUBLELINE INCOME SOLUTIONS FUND (DSL) DOUBLELINE YIELD OPPORTUNITIES FUND (DLY) c/o DoubleLine 2002 North Tampa Street, Suite 200 Tampa, Florida 33602 To the Shareholders of DoubleLine Opportunistic Credit Fund ("DBL"), DoubleLine Income Solutions Fund ("DSL"), and DoubleLine Yield Opportunities Fund ("DLY") (each, a "Fund" and, collectively, the "Funds"): Notice is hereby given that a Joint Annual Meeting of Shareholders of the Funds (the "Meeting") is scheduled to be held at JW Marriott Tampa, Westshore Conference Room, 510 Water Street, Tampa, Florida 33602, on February 22, 2024, at 10:00 a.m. Eastern time. The Meeting will be held for the following purposes, which are more fully described in the accompanying Proxy Statement: 1. To elect two Trustees of each Fund to hold office for the terms indicated and until their successors shall have been elected and qualified; and 2. To transact such other business as may properly come before the Meeting or any adjournment(s) or postponement(s) thereof. The Board of Trustees of each Fund has fixed the close of business on December 22, 2023 as the record date (the "Record Date") for the determination of shareholders entitled to notice of, and to vote at, the Meeting or any adjournment or postponement thereof. Shareholders of record on the Record Date may participate in and vote at the Meeting. The Funds are sensitive to the health and travel concerns of the Funds' shareholders and the evolving recommendations from public health officials. Due to COVID-19, the date, time, location or means of conducting the Meeting may change. In the event of such a change, the Funds will issue a press release announcing the change and file the announcement on the Securities and Exchange Commission's EDGAR system, among other steps, but may not deliver additional soliciting materials to shareholders or otherwise amend the Funds' proxy materials. The Funds may consider imposing additional procedures or limitations on Meeting attendees or conducting the Meeting as a "virtual" shareholder meeting through the internet or other electronic means in lieu of an in-person meeting, subject to any restrictions imposed by applicable law. If the Meeting will be held virtually in whole or in part, a Fund will notify its shareholders of such plans in a timely manner and disclose clear directions as to the logistical details of the "virtual" meeting, including how shareholders can remotely access, participate in and vote at such meeting. The Funds plan to announce these changes, if any, at https://doubleline.com/closed-end-funds/ , and encourage you to check this website prior to the Meeting if you plan to attend. The enclosed proxy is being solicited on behalf of the Board of Trustees of each Fund. By order of the Boards of Trustees of the Funds /s/ Cris Santa Ana Cris Santa Ana Secretary Tampa, Florida January 19, 2024 It is important that your shares be represented at the Meeting in person or by proxy, no matter how many shares you own. If you do not expect to attend the Meeting, please complete, date, sign and return the applicable enclosed proxy in the accompanying envelope, which requires no postage if mailed in the United States. Please mark and mail your proxy promptly in order to save the Funds any additional costs of further proxy solicitations and in order for the Meeting to be held as scheduled. DOUBLELINE OPPORTUNISTIC CREDIT FUND (DBL) DOUBLELINE INCOME SOLUTIONS FUND (DSL) DOUBLELINE YIELD OPPORTUNITIES FUND (DLY) c/o DoubleLine 2002 North Tampa Street, Suite 200 Tampa, Florida 33602 IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE JOINT ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON FEBRUARY 22, 2024 This Proxy Statement is available at www.proxyvote.com. Each Fund's Annual Report to Shareholders for the fiscal year ended September 30, 2023 is available