Standardized Performance Summary

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*Annualized

Core Fixed Income Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (6-1-10 to 3-31-22)
I-share (DBLFX)	-2.36%	-4.88%	-4.88%	-3.19%	1.64%	2.22%	2.87%	4.17%	-
N-share (DLFNX)	-2.39%	-5.03%	-5.03%	-3.43%	1.38%	1.97%	2.62%	3.91%	-
Bloomberg Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	2.80%	-

Core Fixed Income Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (6-1-10 to 3-31-22)	Gross Expense Ratio
I-share (DBLFX)	-2.36%	-4.88%	-4.88%	-3.19%	1.64%	2.22%	2.87%	4.17%	0.48%
N-share (DLFNX)	-2.39%	-5.03%	-5.03%	-3.43%	1.38%	1.97%	2.62%	3.91%	0.73%
Bloomberg Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	2.80%	-

Emerging Markets Fixed Income Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-6-10 to 3-31-22)
I-share (DBLEX)	-0.93%	-6.14%	-6.14%	-4.46%	2.19%	2.68%	3.73%	4.71%	-
N-share (DLENX)	-0.95%	-6.20%	-6.20%	-4.60%	1.96%	2.43%	3.48%	4.46%	-
JP Morgan EMBI Global Diversified Index	-0.90%	-10.02%	-10.02%	-7.44%	0.01%	1.69%	3.74%	4.71%	-

Emerging Markets Fixed Income Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-6-10 to 3-31-22)	Gross Expense Ratio
I-share (DBLEX)	-0.93%	-6.14%	-6.14%	-4.46%	2.19%	2.68%	3.73%	4.71%	0.89%
N-share (DLENX)	-0.95%	-6.20%	-6.20%	-4.60%	1.96%	2.43%	3.48%	4.46%	1.14%
JP Morgan EMBI Global Diversified Index	-0.90%	-10.02%	-10.02%	-7.44%	0.01%	1.69%	3.74%	4.71%	-

Emerging Markets Local Currency Bond Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (7-1-19 to 3-31-22)
I-share (DBELX)	0.79%	-0.89%	-0.89%	-3.90%	-	-	-	-2.61%	-
N-share (DLELX)	0.79%	-1.00%	-1.00%	-4.08%	-	-	-	-2.86%	-
JP Morgan GBI-EM Global Diversified Index (USD)	-1.53%	-6.46%	-6.46%	-8.53%	-1.13%	0.18%	-0.72%	-3.30%	-

Emerging Markets Local Currency Bond Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (7-1-19 to 3-31-22)	Gross Expense Ratio
I-share (DBELX)	0.79%	-0.89%	-0.89%	-3.90%	-	-	-	-2.61%	2.58%
N-share (DLELX)	0.79%	-1.00%	-1.00%	-4.08%	-	-	-	-2.86%	2.83%
JP Morgan GBI-EM Global Diversified Index (USD)	-1.53%	-6.46%	-6.46%	-8.53%	-1.13%	0.18%	-0.72%	-3.30%	-

Flexible Income Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-7-14 to 3-31-22)
I-share (DFLEX)	-1.16%	-3.00%	-3.00%	-0.91%	2.53%	2.89%	-	3.04%	-
N-share (DLINX)	-1.29%	-3.06%	-3.06%	-1.26%	2.27%	2.62%	-	2.78%	-
ICE BofAML Eurodollars & Globals 1-3 Yr Index	-1.30%	-2.57%	-2.57%	-2.59%	1.51%	1.79%	1.64%	1.62%	-
LIBOR USD 3 Month	0.04%	0.09%	0.09%	0.20%	0.90%	1.33%	-	1.02%	-

Flexible Income Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-7-14 to 3-31-22)	Gross Expense Ratio
I-share (DFLEX)	-1.16%	-3.00%	-3.00%	-0.91%	2.53%	2.89%	-	3.04%	0.77%
N-share (DLINX)	-1.29%	-3.06%	-3.06%	-1.26%	2.27%	2.62%	-	2.78%	1.02%
ICE BofAML Eurodollars & Globals 1-3 Yr Index	-1.30%	-2.57%	-2.57%	-2.59%	1.51%	1.79%	1.64%	1.62%	-
LIBOR USD 3 Month	0.04%	0.09%	0.09%	0.20%	0.90%	1.33%	-	1.02%	-

Floating Rate Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (2-1-13 to 3-31-22)
I-share (DBFRX)	-0.00%	-0.41%	-0.41%	2.40%	3.29%	3.28%	-	3.12%	-
N-share (DLFRX)	-0.02%	-0.46%	-0.46%	2.15%	3.01%	3.01%	-	2.88%	-
S&P/LSTA Leveraged Loan Total Return Index	0.05%	-0.10%	-0.10%	3.25%	4.22%	4.01%	-	3.95%	-

Floating Rate Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (2-1-13 to 3-31-22)	Gross Expense Ratio
I-share (DBFRX)	-0.00%	-0.41%	-0.41%	2.40%	3.29%	3.28%	-	3.12%	0.73%
N-share (DLFRX)	-0.02%	-0.46%	-0.46%	2.15%	3.01%	3.01%	-	2.88%	0.99%
S&P/LSTA Leveraged Loan Total Return Index	0.05%	-0.10%	-0.10%	3.25%	4.22%	4.01%	-	3.95%	-

Global Bond Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-17-15 to 3-31-22)
I-share (DBLGX)	-3.14%	-5.89%	-5.89%	-8.29%	-2.19%	-0.37%	-	-0.15%	-
N-share (DLGBX)	-3.15%	-5.91%	-5.91%	-8.45%	-2.41%	-0.59%	-	-0.38%	-
FTSE World Govt Bond Index - All maturities USD	-3.42%	-6.46%	-6.46%	-7.74%	-0.09%	1.27%	0.34%	1.57%	-

Global Bond Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-17-15 to 3-31-22)	Gross Expense Ratio
I-share (DBLGX)	-3.14%	-5.89%	-5.89%	-8.29%	-2.19%	-0.37%	-	-0.15%	0.56%
N-share (DLGBX)	-3.15%	-5.91%	-5.91%	-8.45%	-2.41%	-0.59%	-	-0.38%	0.81%
FTSE World Govt Bond Index - All maturities USD	-3.42%	-6.46%	-6.46%	-7.74%	-0.09%	1.27%	0.34%	1.57%	-

Income Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (9-3-19 to 3-31-22)
I-share (DBLIX)	-2.56%	-4.25%	-4.25%	-2.42%	-	-	-	-1.36%	-
N-share (DBLNX)	-2.69%	-4.31%	-4.31%	-2.75%	-	-	-	-1.55%	-
Bloomberg US Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	-0.38%	-

Income Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (9-3-19 to 3-31-22)	Gross Expense Ratio
I-share (DBLIX)	-2.56%	-4.25%	-4.25%	-2.42%	-	-	-	-1.36%	0.75%
N-share (DBLNX)	-2.69%	-4.31%	-4.31%	-2.75%	-	-	-	-1.55%	1.00%
Bloomberg US Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	-0.38%	-

Infrastructure Income Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-1-16 to 3-31-22)
I-share (BILDX)	-2.85%	-5.31%	-5.31%	-4.39%	1.73%	2.46%	-	2.57%	-
N-share (BILTX)	-2.84%	-5.34%	-5.34%	-4.60%	1.49%	2.23%	-	2.32%	-
Bloomberg Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	1.87%	-

Infrastructure Income Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-1-16 to 3-31-22)	Gross Expense Ratio
I-share (BILDX)	-2.85%	-5.31%	-5.31%	-4.39%	1.73%	2.46%	-	2.57%	0.57%
N-share (BILTX)	-2.84%	-5.34%	-5.34%	-4.60%	1.49%	2.23%	-	2.32%	0.82%
Bloomberg Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	1.87%	-

Long Duration Total Return Bond Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-15-14 to 3-31-22)
I-share (DBLDX)	-4.79%	-9.97%	-9.97%	-2.89%	2.09%	2.75%	-	2.56%	-
N-share (DLLDX)	-4.93%	-10.04%	-10.04%	-3.48%	1.72%	2.44%	-	2.26%	-
Bloomberg Long Government/Credit Index	-3.93%	-10.95%	-10.95%	-3.11%	4.23%	4.60%	4.72%	3.86%	-

Long Duration Total Return Bond Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-15-14 to 3-31-22)	Gross Expense Ratio
I-share (DBLDX)	-4.79%	-9.97%	-9.97%	-2.89%	2.09%	2.75%	-	2.56%	0.55%
N-share (DLLDX)	-4.93%	-10.04%	-10.04%	-3.48%	1.72%	2.44%	-	2.26%	0.80%
Bloomberg Long Government/Credit Index	-3.93%	-10.95%	-10.95%	-3.11%	4.23%	4.60%	4.72%	3.86%	-

Low Duration Bond Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (9-30-11 to 3-31-22)
I-share (DBLSX)	-1.00%	-1.77%	-1.77%	-1.42%	1.28%	1.75%	1.89%	2.03%	-
N-share (DLSNX)	-0.92%	-1.83%	-1.83%	-1.57%	1.06%	1.52%	1.65%	1.79%	-
ICE BofA Merrill Lynch 1-3 Yr Treasury	-1.33%	-2.34%	-2.34%	-2.84%	0.88%	1.08%	0.86%	0.83%	-

Low Duration Bond Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (9-30-11 to 3-31-22)	Gross Expense Ratio
I-share (DBLSX)	-1.00%	-1.77%	-1.77%	-1.42%	1.28%	1.75%	1.89%	2.03%	0.43%
N-share (DLSNX)	-0.92%	-1.83%	-1.83%	-1.57%	1.06%	1.52%	1.65%	1.79%	0.68%
ICE BofA Merrill Lynch 1-3 Yr Treasury	-1.33%	-2.34%	-2.34%	-2.84%	0.88%	1.08%	0.86%	0.83%	-

Low Duration Emerging Markets Fixed Income Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-7-14 to 3-31-22)
I-share (DBLLX)	-1.20%	-3.18%	-3.18%	-3.10%	1.42%	1.96%	-	2.34%	-
N-share (DELNX)	-1.22%	-3.24%	-3.24%	-3.24%	1.20%	1.72%	-	2.11%	-
JPM Corporate EMBI Broad Div. Maturity 1-3 years	-2.75%	-8.19%	-8.19%	-7.37%	0.91%	1.81%	2.95%	2.49%	-

Low Duration Emerging Markets Fixed Income Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-7-14 to 3-31-22)	Gross Expense Ratio
I-share (DBLLX)	-1.20%	-3.18%	-3.18%	-3.10%	1.42%	1.96%	-	2.34%	0.67%
N-share (DELNX)	-1.22%	-3.24%	-3.24%	-3.24%	1.20%	1.72%	-	2.11%	0.92%
JPM Corporate EMBI Broad Div. Maturity 1-3 years	-2.75%	-8.19%	-8.19%	-7.37%	0.91%	1.81%	2.95%	2.49%	-

Multi-Asset Growth Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-20-10 to 3-31-22)
I-share (DMLIX)	0.63%	-4.80%	-4.80%	2.43%	5.03%	4.44%	4.40%	4.25%	-
A-share (No Load)	0.56%	-4.95%	-4.95%	2.10%	4.73%	4.15%	4.11%	3.97%	-
A-share (With Load)	-3.73%	-8.96%	-8.96%	-2.24%	3.21%	3.24%	3.67%	3.57%	-
S&P 500 TR	3.71%	-4.60%	-4.60%	15.65%	18.92%	15.99%	14.64%	14.37%	-

Multi-Asset Growth Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-20-10 to 3-31-22)	Gross Expense Ratio
I-share (DMLIX)	0.63%	-4.80%	-4.80%	2.43%	5.03%	4.44%	4.40%	4.25%	1.73%
A-share (No Load)	0.56%	-4.95%	-4.95%	2.10%	4.73%	4.15%	4.11%	3.97%	1.89%
A-share (With Load)	-3.73%	-8.96%	-8.96%	-2.24%	3.21%	3.24%	3.67%	3.57%	1.89%
S&P 500 TR	3.71%	-4.60%	-4.60%	15.65%	18.92%	15.99%	14.64%	14.37%	-

Multi-Asset Trend Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (2-26-21 to 3-31-22)
I-share (DBMOX)	5.68%	3.94%	3.94%	9.12%	-	-	-	7.18%	-
N-share (DLMOX)	5.65%	3.88%	3.88%	8.85%	-	-	-	6.93%	-
Credit Suisse Managed Futures Liquid TR USD Index	7.73%	13.54%	13.54%	13.22%	6.93%	2.94%	3.28%	13.18%	-

Multi-Asset Trend Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (2-26-21 to 3-31-22)	Gross Expense Ratio
I-share (DBMOX)	5.68%	3.94%	3.94%	9.12%	-	-	-	7.18%	0.80%
N-share (DLMOX)	5.65%	3.88%	3.88%	8.85%	-	-	-	6.93%	1.05%
Credit Suisse Managed Futures Liquid TR USD Index	7.73%	13.54%	13.54%	13.22%	6.93%	2.94%	3.28%	13.18%	-

Real Estate and Income Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-17-18 to 3-31-22)
I-share	5.96%	-8.27%	-8.27%	24.60%	10.02%	-	-	13.45%	-
N-share	6.00%	-8.30%	-8.30%	24.31%	9.87%	-	-	13.26%	-
Dow Jones U.S. Select REIT Index TR	6.71%	-3.71%	-3.71%	27.72%	9.90%	8.89%	9.17%	12.92%	-

Real Estate and Income Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-17-18 to 3-31-22)	Gross Expense Ratio
I-share	5.96%	-8.27%	-8.27%	24.60%	10.02%	-	-	13.45%	0.66%
N-share	6.00%	-8.30%	-8.30%	24.31%	9.87%	-	-	13.26%	0.98%
Dow Jones U.S. Select REIT Index TR	6.71%	-3.71%	-3.71%	27.72%	9.90%	8.89%	9.17%	12.92%	-

Shiller Enhanced CAPE Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (10-31-13 to 3-31-22)
I-share (DSEEX)	2.24%	-5.26%	-5.26%	10.96%	16.42%	14.67%	-	15.28%	-
N-share (DSENX)	2.22%	-5.32%	-5.32%	10.69%	16.13%	14.39%	-	15.00%	-
S&P 500 TR	3.71%	-4.60%	-4.60%	15.65%	18.92%	15.99%	14.64%	14.11%	-

Shiller Enhanced CAPE Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (10-31-13 to 3-31-22)	Gross Expense Ratio
I-share (DSEEX)	2.24%	-5.26%	-5.26%	10.96%	16.42%	14.67%	-	15.28%	0.56%
N-share (DSENX)	2.22%	-5.32%	-5.32%	10.69%	16.13%	14.39%	-	15.00%	0.81%
S&P 500 TR	3.71%	-4.60%	-4.60%	15.65%	18.92%	15.99%	14.64%	14.11%	-

Shiller Enhanced International CAPE Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-23-16 to 3-31-22)
I-share (DSEUX)	-1.28%	-5.54%	-5.54%	5.05%	11.43%	8.50%	-	9.79%	-
N-share (DLEUX)	-1.38%	-5.67%	-5.67%	4.70%	11.14%	8.22%	-	9.51%	-
MSCI EUROPE Net (USD)	-0.10%	-7.37%	-7.37%	3.51%	8.23%	6.92%	6.27%	8.27%	-

Shiller Enhanced International CAPE Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (12-23-16 to 3-31-22)	Gross Expense Ratio
I-share (DSEUX)	-1.28%	-5.54%	-5.54%	5.05%	11.43%	8.50%	-	9.79%	0.95%
N-share (DLEUX)	-1.38%	-5.67%	-5.67%	4.70%	11.14%	8.22%	-	9.51%	1.20%
MSCI EUROPE Net (USD)	-0.10%	-7.37%	-7.37%	3.51%	8.23%	6.92%	6.27%	8.27%	-

Strategic Commodity Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (5-18-15 to 3-31-22)
I-share (DBCMX)	9.60%	25.35%	25.35%	48.24%	13.94%	10.44%	-	6.50%	-
N-share (DLCMX)	9.43%	25.20%	25.20%	47.78%	13.67%	10.15%	-	6.21%	-
Bloomberg Commodity Index Total Return	8.65%	25.55%	25.55%	49.25%	16.12%	9.00%	-0.70%	3.38%	-

Strategic Commodity Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (5-18-15 to 3-31-22)	Gross Expense Ratio
I-share (DBCMX)	9.60%	25.35%	25.35%	48.24%	13.94%	10.44%	-	6.50%	1.15%
N-share (DLCMX)	9.43%	25.20%	25.20%	47.78%	13.67%	10.15%	-	6.21%	1.40%
Bloomberg Commodity Index Total Return	8.65%	25.55%	25.55%	49.25%	16.12%	9.00%	-0.70%	3.38%	-

Total Return Bond Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-6-10 to 3-31-22)
I-share (DBLTX)	-2.77%	-4.83%	-4.83%	-3.14%	1.01%	1.90%	2.76%	4.66%	-
N-share (DLTNX)	-2.80%	-4.89%	-4.89%	-3.38%	0.76%	1.64%	2.52%	4.41%	-
Bloomberg Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	2.97%	-

Total Return Bond Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (4-6-10 to 3-31-22)	Gross Expense Ratio
I-share (DBLTX)	-2.77%	-4.83%	-4.83%	-3.14%	1.01%	1.90%	2.76%	4.66%	0.50%
N-share (DLTNX)	-2.80%	-4.89%	-4.89%	-3.38%	0.76%	1.64%	2.52%	4.41%	0.75%
Bloomberg Aggregate Bond Index	-2.78%	-5.93%	-5.93%	-4.15%	1.69%	2.14%	2.24%	2.97%	-

Ultra Short Bond Fund Quarterly Returns - As of Mar 31, 2022	Mar 2022	Last Quarter	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (6-30-16 to 3-31-22)
I-share (DBULX)	-0.20%	-0.29%	-0.29%	-0.38%	0.82%	1.22%	-	1.12%	-
N-share (DLUSX)	-0.30%	-0.40%	-0.40%	-0.63%	0.60%	0.98%	-	0.89%	-
ICE BofA Merrill Lynch 3 Month Treasury Bill	0.03%	0.04%	0.04%	0.06%	0.81%	1.13%	0.63%	1.03%	-

Ultra Short Bond Fund Monthly Returns - As of Mar 31, 2022	Mar 2022	Last 3 Months	Year-to- Date	1 Year*	3 Year*	5 Year*	10 Year*	Since Inception* (6-30-16 to 3-31-22)	Gross Expense Ratio
I-share (DBULX)	-0.20%	-0.29%	-0.29%	-0.38%	0.82%	1.22%	-	1.12%	0.26%
N-share (DLUSX)	-0.30%	-0.40%	-0.40%	-0.63%	0.60%	0.98%	-	0.89%	0.51%
ICE BofA Merrill Lynch 3 Month Treasury Bill	0.03%	0.04%	0.04%	0.06%	0.81%	1.13%	0.63%	1.03%	-

*Annualized

**The blended benchmark consists of 60% MSCI World Index/40% Bloomberg Barclays Global Aggregate Index and has been reconstituted to be more reflective of how the Adviser expects to manage the Fund. Definitions can be found in the site Glossary by clicking here.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance reflects fee waivers in affect. In the absence of such waiver, returns would be reduced. Short term performance, in particular, is not a good indication of the fund’s future performance and an investment should not be made based solely on returns.

Short term performance, in particular, is not a good indication of the fund’s future performance and an investment should not be made based solely on returns. Performance reflects management fees and other fund expenses. Returns over 1- year are average annual returns.

Performance data shown for the Multi-Asset Growth Fund Class (With Load) reflects the Class A maximum sales charge of 4.25%. Performance data shown for the Class A (No Load) does not reflect the deduction of the sales load or fee. If reflected, the load or fee would reduce the performance quoted. The Multi-Asset Growth Fund imposes a Deferred Sales Charge of 0.75% on purchases of $1 million or more of Class A shares if redeemed within 18 months of purchase. The Multi-Asset Growth Fund and Floating Rate Fund impose a 1.00% redemption fee on all share classes if shares are sold within 90 days of purchase. Performance data does not reflect the redemption fee. If it had, returns would be reduced.

Investing involves risk; Principal loss is possible.

A fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory prospectus and summary prospectus (if available) contain this and other important information about the investment company and may be obtained by Clicking here. In addition, a free hard-copy is available by calling 1 (877) 354-6311/1 (877) DLINE11. Please read the prospectuses carefully before investing.

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DoubleLine Alternatives LP is the investment adviser to the DoubleLine Strategic Commodity Fund, the DoubleLine Real Estate and Income Fund, and the DoubleLine Multi-Asset Trend Fund. DoubleLine Capital LP is the investment adviser to each of the other DoubleLine mutual funds and sub-adviser to the DoubleLine Real Estate and Income Fund and the DoubleLine Multi-Asset Trend Fund. DoubleLine Capital LP and DoubleLine Alternatives LP are investment advisers registered with the SEC under the Investment Advisers Act of 1940. The DoubleLine mutual funds are distributed by Quasar Distributors, LLC. DoubleLine Capital LP is the investment adviser to the DoubleLine Closed-End Funds. Distributed by Foreside Funds Services, LLC.

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Investing involves risk; Principal loss is possible.

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