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Income Fund

Investment Objective

The Fund’s investment objective seeks current income and total return principally in income producing securities.

Investment Approach

The Fund invests mainly in structured product securities which include mortgage backed securities, asset backed securities and CLOs that provide a high level of current income, capital appreciation or both, while providing diversification from corporate credit and diversifying risks within the portfolio.

Investment Philosophy

DoubleLine believes the most reliable way to enhance returns is to exploit inefficiencies within the subsectors of the bond market while maintaining active risk management constraints.

Investment Process

Robust investment approach employing a qualitative and quantitative approach:

o  Qualitative: Thorough analysis of market trends and in-depth research contribute to affirming sector and subsector opportunities and assessing risk exposure.

o  Quantitative: Bottom-up security selection based on experience with proprietary methodology and “stress testing” scenarios across a range of interest rate and credit spread movements.

Fund Facts

Retail and Institutional Class
No Load Mutual Fund

Retail N-share Inst. I-share
Ticker DBLNX DBLIX
Min Investment $2,000 $100,000
Min IRA Investment $500 $5,000
Gross Expense Ratio 1.00% 0.75%
Net Expense Ratio1 0.91% 0.66%
Benchmark Bloomberg Barclays U.S. Aggregate Index
Fund Inception Date 9/3/2019
  1. The Adviser has contractually agreed to waive fees and reimburse expenses through July 31, 2022.

 


Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in ABS and MBS include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. The Fund may use leverage which may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used. Derivatives involve special risks including correlation, counterparty, liquidity, operational, accounting and tax risks. These risks, in certain cases, may be greater than the risks presented by more traditional investments. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets.

Diversification does not assure a profit, nor does it protect against a loss in a declining market.

©2022 DoubleLine

The 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.

DoubleLine

2002 N. Tampa St.
Suite 200
Tampa
FL 33602

813.791.7333

 

This is a Test!

DoubleLine is testing our emergency back-up plan. If this were a real emergency, DoubleLine would be posting news, updates, contact information, webcast or conference call information here to keep our clients updated on the situation. To contact DoubleLine, please click here.

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