Closed-End Funds

DoubleLine’s Closed-End Funds are multi-sector and may offer the potential for higher regular income than traditional open-ended mutual funds.

elevators

Closed-End Funds Performance and Daily NAVs

As of December 5, 2022

DoubleLine Closed End Funds Performance Summary

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 clicking here or by calling (213) 633-8200.

Investing involves risk. Principal loss is possible.

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 visiting www.doubleline.com. You should read these reports and other filings carefully before investing.

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. Investor who wish to buy or sell fund shares of a CEF need to place order 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.

Sector allocations and fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security. Portfolio holdings generally are made available 30 days after month-end by visiting www.doubleline.com. The source for the information in this report is DoubleLine Capital, which maintains its data on a trade date basis.

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 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.

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.

Investment strategies may not achieve the desired results due to implementation lag, other timing factors, portfolio management decision-making, economic or market conditions or other unanticipated factors. In addition, the fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives, and smaller companies which include additional risk.

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.

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

Funds Documents

The document library allows you to see all DoubleLine Fund-related documents. Sort by product or filter by document type to easily download what you need.

EXPLORE MORE

Chessboard
EXPLORE MORE
Strategy icon
Interested in Strategies?

DoubleLine offers an array of strategies in a variety of investment vehicles to match your financial needs.