The investment seeks a high level of current income.
The fund normally will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in floating rate loans and other floating rate investments. It expects that many or all of the fund's investments will be rated below investment grade or unrated but of comparable credit quality. The fund may invest in securities of stressed, distressed, and defaulted issuers (including issuers involved in bankruptcy proceedings, reorganizations, financial restructurings, or otherwise experiencing financial hardship).
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=DoubleLine
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 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=U.S. Bancorp Fund Services, LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Bank Loan
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Los Angeles___United States
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 http://www.globalfunddata.com/funds/new/performance/custodian?variant=U.S. Bank National Association
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