Jeffrey Gundlach to Hold Webcast on DoubleLine Long Duration Total Return Bond Fund

Live Webcast Starts 4:15 pm Eastern Tuesday, February 17

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Feb 17, 2015, 10:00 ET

LOS ANGELES, Feb. 17, 2015 /PRNewswire/ -- Jeffrey Gundlach, CEO and Chief Investment Officer of DoubleLine Capital LP, today will hold the first webcast on the DoubleLine Long Duration Total Return Bond Fund (I shares DBLDX/N shares DLLDX).

Mr. Gundlach will start the webcast at 4:15 pm Eastern/1:15 pm Pacific today (Tuesday, February 17). To register for the webcast, please click here:
https://event.webcasts.com/starthere.jsp?ei=1053614

Mr. Gundlach and Vitaliy Liberman are portfolio managers of the DoubleLine Long Duration Total Return Bond Fund ("the Fund"). They have worked together investing in pass-through mortgage-backed securities and collateralized mortgage obligations (CMOs) for more than 11 years.

The Fund invests primarily in Agency CMOs. CMOs pay out cash flows from underlying mortgage pools in accordance with payment priority rules. The timing of principal and/or interest payments differs among the various issues, or tranches, of a CMO. Thus securities from different tranches will have different duration profiles. Duration is a measure of the sensitivity of the price of a fixed income investment to a change in interest rates, expressed as a number of years. In the case of longer-duration CMO tranches, principal payment is usually delayed until a certain point in the future, thereby reducing prepayment uncertainty with respect to return of principal.

Liability-Driven Investing ("LDI") or Macro Hedging Strategies ("MHA") traditionally have invested in a mix of long-duration, investment grade corporate bonds and U.S. Treasuries. DoubleLine believes it can create actively managed portfolios of long-duration CMOS which potentially diversify risk and enhance return.

Share Class Information

DBLDX (I shares): Minimum initial investment is $100,000 for regular accounts and $5,000 for Individual Retirement Accounts (IRAs). There is no annual 12b-1 fee.

DLLDX (N shares): Minimum initial investment is $2,000 for regular accounts and $500 for IRAs. There is an annual 12b-1 fee of 0.25%.

About DoubleLine Capital LP

DoubleLine Capital LP, a registered investment adviser under the Investment Advisers Act of 1940, acts as the investment adviser for the funds. DoubleLine and its affiliates managed approximately $64 billion in assets held in closed- and open-end 1940 Act fund, separate account, hedge fund, variable annuity and UCIT vehicles as of the December 31 end of the fourth quarter of 2014. DoubleLine's headquarters is in Los Angeles, CA. Its offices can be reached by telephone at (213) 633-8200 or by e-mail at [email protected]. Media can reach DoubleLine by e-mail at [email protected]. DoubleLine® is a registered trademark of DoubleLine Capital LP.

Disclosures:
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. Investments in foreign securities, which involve political, economic, and currency risks, greater volatility, and differences in accounting methods. These risks are greater for investments in emerging markets. The fund may also invest in securities related to real estate, which may decline in value as a result of factors affecting the real estate industry. The fund may use certain types of exchange traded funds or investment derivatives. 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 most 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 a fund's ability to sell its shares.

Diversification does not assure a profit nor protect against loss in a declining market.

The DoubleLine Funds are distributed by Quasar Distributors, LLC.

While the Fund is no-load, management fees and other expenses still apply. Please refer to the prospectus for further details.

DoubleLine® is a registered trademark of DoubleLine Capital LP.

SOURCE DoubleLine