Jeffrey J. Sherman, Vice President at DoubleLine Yield Opportunities Fund (DLY), bought 10,000 shares at $13.03 ($130K) on 2026-09-24, disclosed to the SEC on 2026-09-25.
DoubleLine Yield Opportunities Fund VP Jeffrey J. Sherman purchased 10,000 shares for $130,300, marking the largest insider purchase in the company's history. This significant buy signals confidence in the fund's high dividend yield and recent distribution strategy.
The stock is currently trading at $13.03, offering a dividend yield of 10.72%. The ex-dividend date for the recent $0.12 distribution was 2026-09-16.
1) Upcoming dividend payment on 2026-09-30 following the ex-dividend date of 2026-09-16. 2) The largest insider purchase in company history occurring on 2026-09-24.
The fund trades at a P/E ratio of 22.60, which is a premium valuation relative to the sector average for yield-focused funds.
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