DoubleLine Core Fixed Income Fund Class N (DLFNX)

Overview

The Advisor is a financial institution focusing on fixed income investments, emphasizing flexibility in its investment strategy. It aims to allocate a majority of its assets in fixed income instruments, leveraging the possibility of borrowing for investment to bolster its positions. The organization is also open to high-risk investments such as junk bonds, bank loans, assignments rated below investment grade, and credit default swaps within the high yield universe, positioning itself in a space where it can balance between secure fixed income revenues and high-risk, high-reward opportunities. Additionally, it extends its portfolio to include investments in defaulted corporate securities, further emphasizing its comprehensive approach to fixed income investing.

Products and Services

• Fixed Income Instruments

  The Advisor focuses on investing a significant part of the fund's net assets in fixed income instruments. This approach is designed to provide investors with steady returns over time, mitigating the risk associated with more volatile investment options. The strategy includes the use of borrowed funds to amplify investment potential, catering to investors seeking a balance between security and yield.

• Junk Bonds, Bank Loans, and Assignments

  Up to one-third of the fund's net assets may be invested in higher-risk financial instruments such as junk bonds, bank loans, and assignments that are rated below investment grade or are unrated. This segment targets the high yield universe, aiming to achieve higher returns by taking on a calculated increase in risk. This option suits investors looking for growth through higher risk investments while still maintaining a foundation in fixed income.

• Credit Default Swaps

  The Advisor may allocate investments in credit default swaps of companies within the high yield universe, further diversifying the fund's portfolio and risk exposure. This derivative investment strategy allows the fund to hedge against defaults on high-yield, high-risk credit instruments, potentially safeguarding against significant losses while striving for substantial returns.

• Defaulted Corporate Securities

  In a bid to diversify its investment portfolio and possibly capitalize on market recoveries, the fund may invest up to 5% of its net assets in defaulted corporate securities. This strategy is indicative of the Advisor’s willingness to explore distressed assets, aiming to benefit from potential turnarounds or restructuring gains, catering to investors with a high tolerance for risk and an eye for opportunities in tumultuous markets.