Grace Walker
About Grace Walker
Grace Walker (born 1970) serves as Assistant Treasurer of DoubleLine Opportunistic Credit Fund (DBL), DoubleLine Income Solutions Fund (DSL), DoubleLine Yield Opportunities Fund (DLY), and DoubleLine Funds Trust, with an indefinite term and current service since January 2020; she previously served as Assistant Treasurer for DBL, DSL, and DoubleLine Funds Trust from 2012–2017 and as Treasurer for DoubleLine Funds (Luxembourg) and DoubleLine Cayman Unit Trust since March 2017, and Treasurer for UCITS Funds since July 2023 . Officer compensation is not paid by the Funds (officers employed by DoubleLine), and no fund-linked performance metrics tied to her compensation are disclosed, so TSR/revenue/EBITDA metrics are not applicable for executive pay analysis in this context .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| DoubleLine Opportunistic Credit Fund (DBL) | Assistant Treasurer | March 2012–May 2017; January 2020–present | Not disclosed |
| DoubleLine Income Solutions Fund (DSL) | Assistant Treasurer | January 2013–May 2017; January 2020–present | Not disclosed |
| DoubleLine Funds Trust | Assistant Treasurer | March 2012–May 2017; January 2020–present | Not disclosed |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| DoubleLine Funds (Luxembourg) | Treasurer | March 2017–present | Not disclosed |
| DoubleLine Cayman Unit Trust | Treasurer | March 2017–present | Not disclosed |
| UCITS Funds (DoubleLine Group) | Treasurer | July 2023–present | Not disclosed |
| UCITS Funds (DoubleLine Group) | Assistant Treasurer | December 2020–July 2023 | Not disclosed |
Fixed Compensation
Officers employed by DoubleLine or an affiliated company do not receive compensation or expense reimbursement from the Funds; no base salary, bonus, or cash compensation is disclosed at the Fund level for Grace Walker .
Performance Compensation
No Fund-level equity awards (RSUs, PSUs, options), performance metrics, vesting schedules, severance or change-of-control economics are disclosed for Fund officers; therefore no pay-for-performance alignment can be assessed from DBL’s proxy for Grace Walker .
Equity Ownership & Alignment
| Metric | As of Dec 31, 2024 |
|---|---|
| Individual beneficial ownership (Grace Walker) | Not individually disclosed in equity ownership tables (which list Trustees, PEO, PFO only) |
| Officers and Trustees as a group – % ownership | Less than 1% of each Fund’s outstanding Common Shares |
| Stock pledging/hedging | Not disclosed |
| Ownership guidelines/compliance | Not disclosed |
Additional context: DBL had 18,313,082 Common Shares outstanding as of the December 20, 2024 record date; the independent trustee and officer ownership disclosures do not list Grace individually .
Employment Terms
| Fund | Position | Term | Start Date |
|---|---|---|---|
| DBL | Assistant Treasurer | Indefinite | January 2020 |
| DSL | Assistant Treasurer | Indefinite | January 2020 |
| DLY | Assistant Treasurer | Indefinite | January 2020 |
| DoubleLine Funds Trust | Assistant Treasurer | Indefinite | January 2020 |
Governance notes: DBL’s Board held four regular and two special meetings in FY ended September 30, 2024; committees (Audit, Nominating, QLCC) were active, but officer contracts, non-compete/non-solicit or severance terms for Fund officers are not disclosed in the proxy .
Investment Implications
- Compensation alignment and insider selling pressure: No Fund-paid compensation or equity awards to officers implies minimal direct misalignment or award-driven selling pressure at the Fund level for Grace; any compensation would be at DoubleLine Group LP and not disclosed here, limiting pay-for-performance analytics from Fund documents .
- Retention risk: Tenure across multiple DoubleLine vehicles (Assistant Treasurer since 2012–2017 and again since 2020; Treasurer across Luxembourg/Cayman/UCITS since 2017/2023) suggests institutional continuity; no employment term limits or expiration are disclosed, indicating stable administrative leadership .
- Trading signals: Equity ownership tables do not list Grace individually and group ownership is under 1%, limiting signal value from insider ownership at the Fund; no Section 16 trading disclosures for her appear in the Fund’s proxy tables, reducing near-term trading signal relevance .
- Governance quality: Active Board and committees with documented meeting cadence support oversight; however, the absence of officer-specific compensation and contract disclosures constrains granular incentive analysis and change-of-control economics assessment for Grace at the Fund level .