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DoubleLine Income Solutions Fund (NYSE: DSL) removes a portfolio manager

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

DoubleLine Income Solutions Fund filed a supplement to its prospectus materials removing Luz M. Padilla as a portfolio manager effective March 31, 2026. As of that date the named portfolio managers are Jeffrey Gundlach, Robert Cohen, and William Campbell. The supplement adds a biography and account coverage details for William Campbell.

Positive

  • None.

Negative

  • None.
Effective date March 31, 2026 date the removal and updates take effect
Named portfolio managers 3 persons Jeffrey Gundlach; Robert Cohen; William Campbell
Registered investment company accounts (Campbell) 2 accounts accounts managed by William Campbell listed in table
Total assets (Campbell) $781,427,187 total assets for registered investment companies under William Campbell
Performance fee accounts (Campbell) 0 accounts performance fee accounts shown as zero in table
Prospectus Supplement regulatory
"This supplement provides new and additional information beyond that contained in the Prospectus Supplement"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Registered Investment Companies financial
"Registered Investment Companies | Number of Accounts | Total Assets"
Portfolio Manager financial
"As of the Effective Date, the portfolio managers for the Fund are Jeffrey Gundlach, Robert Cohen and William Campbell"
A portfolio manager is the professional who picks and oversees a collection of investments—such as stocks, bonds, and cash—on behalf of individuals or institutions. They make decisions about which assets to buy, hold or sell and how much risk to take, like a ship captain steering through changing weather; their choices shape an investor’s potential returns, losses and the steadiness of the investment experience.
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Filed pursuant to Rule 424(b)(3)
File Nos. 333-249168 and 811-22791

DoubleLine Income Solutions Fund

(the “Fund”)

Supplement dated April 2, 2026 to the Fund’s

Prospectus Supplement, dated September 29, 2023,

Prospectus and Statement of Additional Information, each dated September 28, 2023,

each as supplemented or amended from time to time

(respectively, the “Prospectus Supplement”, the “Prospectus” and the “SAI”)

This supplement provides new and additional information beyond that contained in the Prospectus Supplement, Prospectus and SAI and should be read in conjunction with the Prospectus Supplement, Prospectus and SAI.

Luz M. Padilla is retiring from DoubleLine Capital LP. As of March 31, 2026 (the “Effective Date”), all references to Ms. Padilla as a portfolio manager of the Fund are hereby removed from the Prospectus and SAI. As of the Effective Date, the portfolio managers for the Fund are Jeffrey Gundlach, Robert Cohen and William Campbell.

The following changes are as of the Effective Date:

 

  1.

The Portfolio Managers table in the Prospectus under the section titled “MANAGEMENT OF THE FUND - Investment Adviser” is hereby updated with the following additional information:

 

Name

   

Since

   

Recent Professional Experience

William Campbell    Since March 2026    Mr. Campbell joined DoubleLine in 2013. He oversees the firm’s Global Sovereign and Emerging Markets teams and serves as the lead Portfolio Manager for the firm’s emerging markets and international strategies. He is a permanent member of the Fixed Income Asset Allocation Committee. Mr. Campbell received his BS in Business Economics and International Business, as well as his BA in English, from Pennsylvania State University. He received his MA in Mathematics, with a focus on Mathematical Finance, from Boston University.

 

  2.

Under the section titled “PORTFOLIO MANAGERS- Other Accounts Managed by Portfolio Managers” in the SAI, the table that provides the number of other accounts managed by the portfolio managers of the Fund and the total assets of such accounts is hereby supplemented with respect to William Campbell with the following:

 

     Registered Investment
Companies		      Other Pooled
Investment Vehicles		      Other Accounts  

Portfolio Manager

    Number
of
Accounts		      Total Assets
($Million)		      Number
of
Accounts		      Total Assets
($Million)		      Number
of
Accounts		      Total Assets
($Million)		  

William Campbell(1)

      2      $ 781,427,187        0      $ 0        0      $ 0  

 

(1)

This information is stated as of February 28, 2026.

 

     Performance Fee Accounts  
     Registered Investment
Companies		      Other Pooled
Investment Vehicles		      Other Accounts  

Portfolio Manager

    Number
of
Accounts		      Total Assets
($Million)		      Number
of
Accounts		      Total Assets
($Million)		      Number
of
Accounts		      Total Assets
($Million)		  

William Campbell

      0      $ 0        0      $ 0        0      $ 0  

 

(1)

This information is stated as of February 28, 2026.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

Source: View Original Filing on SEC EDGAR

FAQ

What change did DoubleLine Income Solutions Fund (DSL) disclose in the April 2, 2026 supplement?

The supplement removes Luz M. Padilla as a portfolio manager effective March 31, 2026. It names Jeffrey Gundlach, Robert Cohen, and William Campbell as the Fund's portfolio managers and updates Mr. Campbell’s biography and account coverage information.

Who are the current portfolio managers for DoubleLine Income Solutions Fund (DSL)?

As of March 31, 2026, the portfolio managers are Jeffrey Gundlach, Robert Cohen, and William Campbell. The supplement explicitly states those three names and removes prior references to Luz M. Padilla as a manager.

What professional background does the supplement provide for William Campbell at DSL?

The supplement states Mr. Campbell joined DoubleLine in 2013 and leads Global Sovereign and Emerging Markets teams. It notes his roles on the Fixed Income Asset Allocation Committee and lists his academic degrees, including an MA in Mathematics (Mathematical Finance).

How much in assets does William Campbell oversee according to the supplement?

The supplement lists 2 registered investment company accounts with $781,427,187 in total assets under Mr. Campbell’s management. Performance-fee accounts and other pooled/other accounts are shown as zero in the provided tables.

Does the supplement state when the removal of Luz M. Padilla became effective?

Yes. The supplement specifies the effective date as March 31, 2026. It instructs readers to remove references to Ms. Padilla as a portfolio manager in the Prospectus and SAI as of that date.