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Past performance does not guarantee future results. Mutual fund investing involves risk. Principal loss is possible.

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 the original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance current to the most recent month-end may be obtained by calling (213) 633-8200 or by visiting www.doubleline.com.

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 and certain other regulatory filings by calling 877-DLINE11 (877-354-6311), or by downloading from the fund document library on this website. You should read these reports and other filings carefully before investing.

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.

Foreside Fund Services, LLC provides marketing review services for DoubleLine Capital, LP.