DLY - DoubleLine Yield Opportunities Fund

What this means for you

No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

1. July 1, 2026

   The fund said it may sell new shares.

   Original document →

About this fund

• Run by DoubleLine Capital LP. Part of the DoubleLine fund family. As of Sept 30, 2025, from the fund's yearly report. Original document →
• Size: about $735 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 17% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1.6% a year in management fees; 2.9% a year in total, including interest on borrowed money. Fiscal year ended Sept 30, 2025. As of Sept 30, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Sept 30, 2025) the fund paid $1.46 a share. $1.41 of that was income; $0.05 was your own money back, not income. As of Sept 30, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Sept 30, 2025): $15.95. The shares traded at $15.08, about 5.5% below that. As of Sept 30, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 7% below to 2.1% above. As of Sept 30, 2025, from the fund's annual report. Original document →
• How the holdings did: up 3.6% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: -0.7%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Sept 30, 2025): the value of the holdings returned +6.7%. How the share price did: the shares returned -0.3% over the same year, counting payouts and the change in the market price. As of Sept 30, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 2019.

What the fund holds

Mostly bonds (32%), the rest asset-backed bonds, loans and shares. About 75% issued in the U.S.

0.9% of holdings are in default.

1. Freddie Mac Stacr Remic Trust 2020-HQA2, Stacr 2020-HQA2 B2 - 3.6%
2. DoubleLine Funds Trust, DoubleLine Emerging Markets Local Currency Bond Fund - 3.4%
3. Freddie Mac Stacr Remic Trust 2020-HQA5, Stacr 2020-HQA5 B2 - 1.6%
4. Agnc Investment Corp Depositary Shares Each Representing 1/1,000TH of A Share of 6.125% Series F Fixed-To-Floating Rate Cumulative Redeemable Preferre - 1.5%
5. Freddie Mac Stacr Remic Trust 2020-DNA1, Stacr 2020-DNA1 B2 - 1.4%
6. Deephaven Residential Mortgage Trust 2020-2, Drmt 2020-2 B3 - 1.4%
7. Vista Point Securitization Trust 2020-1, Vsta 2020-1 B2 - 1.2%
8. Cash and short-term - 1.2%
9. Federal National Mortgage Association, Cas 2021-R02 2B2 - 1.2%
10. Agnc Investment - 1%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →