Description

The DoubleLine Long Duration Total Return Bond Fund - Class N aims to deliver significant overall returns over the long term, derived from both asset growth and ongoing income. The fund primarily invests in various types of debt instruments. Its investment portfolio is strategically designed to maintain a dollar-weighted average effective duration of at least ten years. The advisor intends to predominantly allocate assets to fixed-income and other income-producing securities that hold an investment-grade rating, or to unrated securities that the advisor deems to possess equivalent creditworthiness. A portion of the fund, specifically up to 25% of its total assets, may also be allocated to debt issued by either government or private entities in emerging market nations.