LOS ANGELES, July 7, 2015 /PRNewswire/ -- Jeffrey Gundlach, CEO and Chief Investment Officer of DoubleLine Capital LP, today will hold a webcast, on the DoubleLine Core Fixed Fund (I shares DBLFX/N shares DLFNX) and the DoubleLine Flexible Income Fund (I shares DFLEX/N shares DLINX).
Mr. Gundlach will start the webcast at 4:15 pm Eastern/1:15 pm Pacific today (Tuesday July 7). To register for the webcast, please click here:
The DoubleLine Core Fixed Income Fund and the DoubleLine Flexible Income Fund are among several strategies at DoubleLine managed by Mr. Gundlach in coordination with the firm's Fixed Income Asset Allocation Committee (FIAA). Active sector allocation and individual security selection are used to generate returns and manage risk for both funds. Chaired by Mr. Gundlach, the FIAA Committee brings together DoubleLine's investment teams specialized in different sectors of the fixed income universe, including corporate securities, bank debt, collateralized loan obligations, emerging markets debt, residential and commercial mortgage-backed securities (MBS) and Treasuries.
The DoubleLine Core Fixed Income Fund is an open-end intermediate-term bond fund that invests in different sectors of the fixed income universe, including corporate securities, bank debt, emerging markets debt and Treasuries as well as MBS. The fund is benchmarked to the Barclays US Aggregate Bond Index. As of May 31, the fund had a duration of 4.75 years. Duration is a measure of the expected life of a fixed income instrument that is used to estimate the sensitivity of a security's price to changes in interest rates.
For more information on the DoubleLine Core Fixed Income Fund, please see: http://doublelinefunds.com/funds/core_fixed_income/overview.html
The DoubleLine Flexible Income Fund has broad flexibility to use various investment strategies and to invest in a wide variety of fixed income instruments. The fund is not constrained by management against any index. DoubleLine has broad discretion to modify the fund's duration within a wide range, including the discretion to construct a portfolio of investments with a negative duration. As of May 31, the fund had a duration of 1.80 years.
For more information on the DoubleLine Flexible Income Fund, please see:
About DoubleLine Capital LP
DoubleLine Capital LP is a registered investment adviser under the Investment Advisers Act of 1940. DoubleLine and its affiliates managed approximately $77 billion in assets held in closed- and open-end 1940 Act fund, exchange-traded fund, separate account, hedge fund, variable annuity and UCIT vehicles as of the June 30 end of the second quarter of 2015. DoubleLine's headquarters is in Los Angeles, CA. Its offices can be reached by telephone at (213) 633-8200 or by e-mail at firstname.lastname@example.org. Media can reach DoubleLine by e-mail at email@example.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.
The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contains this and other important information about the fund and may be obtained by calling 1 (877) 354-6311 / 1 (877) DLINE11 or visiting www.doublelinefunds.com. Please read the prospectus carefully before investing.
Mutual fund investing involves risk; Principal loss is possible. Investments in debt securities typically decrease when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in Asset-Backed and Mortgage-Backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities. Investing in foreign securities involves political, economic, and currency risks, greater volatility, and differences in accounting methods. These risks are greater for investments in emerging markets.
Derivatives involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when more advantageous. Investing in derivatives could lose more than the amount invested. ETF investments involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained or trading may be halted by the exchange in which they trade, which may impact the fund's ability to sell its shares. 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 more volatile than if leverage was not used. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investments in real estate securities may involve greater risk and volatility including greater exposure to economic downturns and changes in real estate values, rents, property taxes, interest rates, tax and other laws. A REIT's share price may decline because of adverse developments affecting the real estate industry.
Barclays US Aggregate Index represents securities that are taxable and dollar denominated. The index covers the US investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. It is not possible to invest in an index.
The DoubleLine Funds are distributed by Quasar Distributors, LLC.