Emerging Markets Fixed Income Fund
Investment Objective
The Fund’s objective is to seek high total return from current income and capital appreciation.
Philosophy
The Emerging Markets investment philosophy at DoubleLine is anchored by four key principles: 1) Emerging Markets debt is a secular improving credit story; 2) selection across regions, countries, and sectors, as well as issuers is fundamental to credit risk management; 3) avoiding potential problem credits and minimizing credit losses are as critical as selecting stable or improving credits; and 4) total returns will be derived from current income and capital gains.
Fund Facts
Retail and Institutional Class
No Load Mutual Fund
| Retail N-share | Inst. I-share | |
| Ticker | DLENX | DBLEX |
| Min Investment | $2,000 | $100,000 |
| Min IRA Investment | $500 | $5,000 |
| Gross Expense Ratio | 1.15% | 0.90% |
| Benchmark | J.P. Morgan Emerging Markets Bond Index, Global Diversified | |
| Fund Inception Date | 4/6/2010 | |
Investment Description
The investment seeks high total return from current income and capital appreciation. The fund invests at least 80% of net assets in fixed income instruments. These “fixed Income instruments” include but are not limited to securities issued or guaranteed by companies (including foreign hybrid securities), financial institutions and government entities in Emerging Market Countries and other securities bearing fixed or variable interest rates of any maturity.
* Income from tax-exempt bonds may be subject to state and local taxes and a portion of income may be subject to the federal alternative minimum tax for certain investors.
