DoubleLine Opportunistic Credit Fund (DBL) SEC Filings

DoubleLine Opportunistic Credit Fund may offer up to $75,210,876 of common shares from time to time under agreements with Foreside Fund Services, LLC, the Distributor, and UBS Securities LLC, the Sub-Placement Agent. The amount includes unsold common shares carried forward from a prior registration statement. Shares may be sold in negotiated or at-the-market transactions, but not below the Minimum Price: current net asset value per share plus the per-share commission. The Distributor may receive up to 1.00% of gross proceeds; it may pay the Sub-Placement Agent up to 0.90% of gross proceeds on shares sold through that agent.

The Fund will invest net proceeds according to its investment objective and policies and presently anticipates investing substantially all within approximately 30 days of receipt, depending on proceeds and suitable investment availability. Proceeds may be held in cash for dividends, expenses or temporary defensive purposes. As of August 31, 2026, the Fund had 19,771,903 common shares outstanding; the last reported sale price was $14.13 per share and NAV was $14.53 per share. The Fund seeks high total investment return through current income and potential capital appreciation.

DoubleLine Opportunistic Credit Fund (DBL) may offer, from time to time after the effective date, up to $75,210,876 of common shares in one or more offerings. The terms will be determined for each offering and described in a prospectus supplement. The Fund expects to invest net proceeds under its investment objective and policies, with substantially all anticipated to be invested within approximately 30 days of receipt, depending on proceeds and available investments.

As of August 31, 2026, the Fund had 19,771,903 common shares outstanding and $287,262,098 in net assets attributable to common shares. Its common shares had a market price of $14.13 and a net asset value of $14.53 per share. The Fund also has a $65,000,000 revolving secured credit facility. Its investment strategy includes debt, mortgage-backed and asset-backed securities; disclosed risks include below-investment-grade investments and leverage.

DoubleLine Opportunistic Credit Fund filed a shelf registration statement on Form N-2 to register Common Shares for offering from time to time after the registration becomes effective. The prospectus describes the Fund as a diversified, closed-end management company pursuing a high‑income, opportunistic credit strategy and discloses its leverage policy and principal risks.

The prospectus states the Fund currently has access to a $65,000,000 revolving secured credit facility, that the Adviser charges an annual management fee of 1.00% of total managed assets, and that estimated total annual expenses attributable to Common Shares are 1.75%. The Fund may use leverage opportunistically and may offer Common Shares in one or more offerings using prospectus supplements.

DoubleLine Opportunistic Credit Fund executive Rotar Gheorghe, a Vice President, filed an initial statement of holdings. The Form 3 indicates that he beneficially owns no shares of Common Stock, with total shares following the reported position shown as 0.0000.

DoubleLine Opportunistic Credit Fund (DBL), DoubleLine Income Solutions Fund (DSL), and DoubleLine Yield Opportunities Fund (DLY) are calling a joint virtual annual shareholder meeting on March 18, 2026, to vote on one main proposal: the re-election of independent trustee John C. Salter to each fund’s board.

Shareholders of record as of January 29, 2026 can vote online, by phone, mail, or by attending the webcast. Outstanding common shares on the record date were 19,770,295 for DBL, 114,574,423 for DSL, and 48,539,382 for DLY, each share carrying one vote.

The boards highlight a classified structure with three trustee classes, which can make rapid board turnover more difficult and is described as an anti-takeover feature that supports management continuity. Independent trustees receive annual compensation of $400,000 across the DoubleLine fund complex, plus additional fees for committee and lead roles, with 2025 total compensation for John Salter of $424,300.

The proxy details board leadership (with an interested chairman, Ronald R. Redell, and Salter as lead independent trustee), committee structures, audit arrangements with Deloitte & Touche LLP, and ownership and governance information, including Sit Investment Associates’ 14.9% beneficial stake in DBL and Morgan Stanley’s 5.0% beneficial stake in DLY as of late 2025.

DoubleLine Opportunistic Credit Fund (DBL) filed an initial beneficial ownership report (Form 3) for an officer of its adviser. The filing shows 0 shares of common stock beneficially owned, direct, as of 10/15/2025. No derivative securities were reported. The relationship is listed as Officer (Chf Intl Clt Bus Ofcr - Adviser), and the form was filed by one reporting person.

DoubleLine Opportunistic Credit Fund (DBL) disclosed an initial statement of beneficial ownership on Form 3. The reporting person is listed as an officer with the title Chief Distribution Officer — Adviser and indicated ownership of 0 shares of common stock, held directly. The stated date of the event requiring the filing is 10/15/2025. The filing notes it was submitted by one reporting person and signed by an attorney-in-fact.

DoubleLine Opportunistic Credit Fund filed an initial ownership report for officer Carolyn Liu-Hartman, who serves as a Vice President of the fund. As of the event date of August 19, 2025, she reported beneficial ownership of 0 shares of Common Stock, held in direct form. The filing is a Form 3, which is required when someone becomes an officer, director, or large shareholder of a public company, and it establishes her baseline reported holdings in the fund’s stock.