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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 258622109
- IPO
- 4/26/2013 · $25.00/share
Fund Description: Doubleline Income Solutions Fund is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Doubleline Income Solutions Fund seeks high current income; its secondary objective is to seek capital appreciation. FUND STRATEGY: The Fund will seek to achieve its investment objectives by investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both. The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities and other income-producing investments anywhere in the world, including in emerging markets. The Fund’s investment adviser, DoubleLine Capital LP, allocates the Fund’s assets among debt security market sectors, and among investments within those sectors, in an attempt to construct a portfolio providing the potential for a high level of current income and for capital appreciation consistent with what the adviser considers an appropriate level of risk in light of market conditions prevailing at the time. The Fund may invest without limit in securities rated below investment grade. The Fund intends, subject to then favorable market conditions, to add leverage to its portfolio by using reverse repurchase agreements, dollar roll transactions and/or borrowings, such as through loans or lines of credit from banks or other credit facilities. FUND MANAGEMENT: DoubleLine Capital LP serves as the investment adviser of the Fund. Subject to the oversight of the Board of Trustees, the Adviser is responsible for managing, either directly or through others selected by it, the investment activities of the Fund and the Fund’s business affairs.
Company Contact
- Headquarters
- 333 South Grand Avenue, 18th Floor, Los angeles, CA 90071
- Phone
- 213-633-8200 · Toll-Free 877-354-6311
- Investor Relations
- 213-633-8200 · fundinfo@doubleline.com