DoubleLine Emerging Markets Fixed Income Fund Class N

Frequently Asked Questions About DLENX

What does DLENX invest in?

The advisor intends to invest at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in fixed income instruments. The fund will generally invest in at least four emerging market countries. It may invest in hybrid securities relating to emerging market countries. The fund may invest up to 20% of its net assets in defaulted corporate securities. It may invest in derivatives and other instruments, such as options, swaps (including credit default swaps), futures, structured investments, foreign currency futures and forward contracts.

What is the expense ratio of DLENX?

DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) charges an expense ratio of 1.18%. This is the annual fee deducted from fund assets to cover management and operations.

What is DLENX's dividend yield?

DLENX's trailing-twelve-month yield is 5.22%, calculated from the sum of dividends over the past year divided by the current price.

How big is DLENX?

DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) manages $323.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DLENX actively managed or an index fund?

DLENX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DLENX launched?

DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) launched in April 2010 and is managed by the fund issuer.