Fund info

DoubleLine Emerging Markets Local Currency Bond Fund Class I is an actively managed mutual fund focused on bonds from emerging-market issuers denominated in their **local currencies**. The fund seeks **high total return** by combining current income with potential capital appreciation, investing across sovereign, quasi-sovereign, and select corporate debt in developing countries. Its approach blends **top-down global macro** analysis with **bottom-up fundamental research** to identify attractive interest-rate and currency opportunities across regions and sectors, supported by firmwide asset-allocation meetings led by senior portfolio leadership. The strategy may use selective local corporate exposure for additional yield and potential spread compression, while actively managing country, duration, and currency risks. The fund maintains a policy to invest at least 80% of net assets in local-currency emerging-market bonds, aligning it with the **emerging-markets local-currency bond** category. Class I features institutional terms, including a stated **net expense ratio** and higher minimum investment, reflecting its professional orientation and risk-managed design for diversified exposure to EM rate and FX cycles.