Opportunistic Credit Fund
The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund cannot assure you that it will achieve its investment objective.
The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securitites, U.S Government securities, corporate debt, international sovereign debt, and short-term investments. The Fund’s investment advisor, DoubleLine Capital LP allocated the Fund’s assets among market sectors, and among investments within those sectors, in an attempt to construct a portfolio providing a high level of current income and the potential for capital appreciation consistent with what DoubleLine considers an appropriate level of risk in light of market conditions prevailing at the time.
DBL is a non-diversified fund designed primarily as a long-term investment and not as a trading tool. The Fund should not constitute a complete investment program. Due to the uncertainty in all investments, there can be no assurance that the Fund will achieve its investment objectives. Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. The values of securities held by the Fund may move up or down, sometimes rapidly and unpredictably. Your common shares (“Common Shares”) at any point in time may be worth less than your original investment, even after taking into account any reinvestment of dividends and distributions. Closed-end funds (CEF) do not continuously offer shares for sale as open-end mutual funds do. The shares trade on a secondary market after the initial public offering. Investors who wish to buy or sell fund shares of a CEF need to place orders through an intermediary, or broker, who will buy or sell fund shares on the stock exchange in a process identical to the purchase or sale of any other listed stock. A closed-end fund is not required to buy its shares back from investors upon request. The share price of a closed-end fund is based on the market value. Additional risks and uncertainties may also adversely affect and impair the Fund. This Web site is for information purposes only and is not intended as a solicitation to sell or buy any security.