DLREX : DoubleLine Colony Real Estate and Income Fund Class N

Fund Summary

The investment seeks total return which exceeds the total return of its benchmark index, the Dow Jones U.S. Select REIT Total Return Index, over a full market cycle. The fund will seek to use derivatives, or a combination of derivatives and direct investments, to provide a return that approximates the performance of the Colony Capital Fundamental US Real Estate Index. The manager expects normally to invest an amount approximately equal to its net assets directly in a portfolio of debt securities while also maintaining notional exposure to the index, providing the fund with economic exposure to the index in an amount up to the value of the fund's net assets.