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Yield Opportunities Fund

Important Information
DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.

Investment Objective
The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.

Investment Philosophy
The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income. The Fund may invest in debt securities and other income producing investments of issuers anywhere in the world, including in emerging markets, and may invest in investments of any credit quality.

Investment Description
The DoubleLine Yield Opportunities Fund will actively allocate exposure across the global fixed income universe.

•  Initially the Fund is expected to be tilted towards credit securities within the securitized space with a lower weight to global corporate credit securities

•  However, throughout the market cycle, the Fund has flexibility to allocate more capital to the traditional corporate credit market

•  Portfolio shifts are typically done gradually over time using a long term approach

−  Additionally, tactical allocations are made as opportunities arise

•  The Fund has the ability to take on local currency risk in foreign issues as well as hedge out the currency risk

Portfolio Construction
The portfolio construction begins with a top down macro economic assessment of global markets. Fundamental valuations and technical research are presented and discussed monthly at the Fixed Income Asset Allocation (FIAA) Committee meeting, where experienced portfolio managers discuss their respective sectors of expertise. The decision to overweight or underweight a sector is determined based on fundamentals and relative valuation. The sector managers are responsible for individual security selection to best reflect the Committee’s views.


The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. You can obtain the Fund’s most recent periodic reports (when available), which contain summary information regarding the Fund’s expenses and principal risks, by calling 877-DLINE11 (877-354-6311). You should read these reports carefully before investing.

©2022 DoubleLine

Investments involve risk; Principal loss is possible. Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors’ risk of loss. This risk may be greater for investors expecting to sell their shares in a relatively short period after the completion of the public offering. There are risks associated with an investment in the Fund.

An investment in the Fund involves certain risks arising from, among other things, the Fund’s ability to invest without limit in debt securities that are at the time of investment rated below investment grade or unrated securities judged by DoubleLine to be of comparable quality (a category of investment that includes securities commonly referred to as “high yield” securities or “junk bonds”). High yield, lower-rated securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Leverage may cause a portfolio to liquidate positions when it may not be advantageous to do so to satisfy its obligations or to meet segregation requirements. Leverage, including borrowing, may cause a portfolio to be more volatile than if the portfolio had not been leveraged. 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. An investment in the Fund may not be appropriate for all investors and is not designed to be a complete investment program. No assurance can be given that the Fund’s investment objective will be achieved. Before buying any of the Fund’s Common Shares, you should read the discussion of the principal risks of investing in the Fund.

The Fund's investment objectives, risks, charges and other expenses must be considered carefully before investing. You can obtain the Fund's most recent periodic reports and certain other regulatory filings by calling 1(877)354-6311 / 1(877)DLINE11, or clicking here. You should read these reports and other filings carefully before investing.

DoubleLine

2002 N. Tampa St.
Suite 200
Tampa
FL 33602

813.791.7333

 

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