DoubleLine
Emerging
Markets
Local
Currency
Bond
Fund
Schedule
of
Investments
June
30,
2026
(Unaudited)
1
P
RINCIPAL
A
MOUNT
S
ECURITY
D
ESCRIPTION
R
ATE
M
ATURITY
V
ALUE
$
a
a
a
a
a
FOREIGN
CORPORATE
BONDS
-
13.1%
BRAZIL
-
0.0%
(a)
550,000
BRL
Simpar
Finance
Sarl
(b)
..........................................
10.75%
2/12/2028
86,327
CHINA
-
0.1%
2,000,000
CNY
European
Bank
for
Reconstruction
&
Development
......................
2.75%
4/27/2032
312,562
COLOMBIA
-
0.0%
(a)
833,000,000
COP
Empresas
Publicas
de
Medellin
ESP
(b)
...............................
8.38%
11/8/2027
226,464
INDIA
-
6.2%
892,500,000
INR
Asian
Development
Bank
........................................
6.20%
10/6/2026
9,391,824
600,500,000
INR
European
Investment
Bank
(b)
.....................................
6.95%
3/1/2029
6,225,414
880,000,000
INR
Inter-American
Development
Bank
.................................
7.00%
1/25/2029
9,220,383
706,000,000
INR
International
Bank
for
Reconstruction
&
Development
....................
6.85%
4/24/2028
7,394,141
32,231,762
INDONESIA
-
2.2%
150,000,000,000
IDR
Asian
Development
Bank
........................................
7.80%
3/15/2034
8,829,279
48,800,000,000
IDR
European
Bank
for
Reconstruction
&
Development
......................
4.25%
2/7/2028
2,613,393
11,442,672
MEXICO
-
3.6%
4,500,000
MXN
America
Movil
SAB
de
CV
.......................................
10.30%
1/30/2034
269,104
319,000,000
MXN
International
Finance
Corp.
......................................
7.50%
1/18/2028
18,264,403
18,533,507
POLAND
-
1.0%
20,900,000
PLN
European
Investment
Bank
......................................
3.00%
11/25/2029
5,343,356
Total
Foreign
Corporate
Bonds
(Cost
$72,318,260)
68,176,650
FOREIGN
GOVERNMENT
BONDS,
FOREIGN
AGENCIES
AND
FOREIGN
GOVERNMENT
SPONSORED
CORPORATIONS
-
83.2%
BRAZIL
-
12.3%
126,000,000
BRL
Brazil
Notas
do
Tesouro
Nacional
Serie
F
............................
10.00%
1/1/2027
23,976,014
123,000,000
BRL
Brazil
Notas
do
Tesouro
Nacional
Serie
F
............................
10.00%
1/1/2029
21,971,838
109,000,000
BRL
Brazil
Notas
do
Tesouro
Nacional
Serie
F
............................
10.00%
1/1/2031
18,344,645
64,292,497
CHILE
-
2.6%
12,290,000,000
CLP
Bonos
de
la
Tesoreria
de
la
Republica
en
pesos
(b)
.......................
5.80%
10/1/2029
13,721,799
COLOMBIA
-
4.6%
27,000,000,000
COP
Colombian
TES
..............................................
5.75%
11/3/2027
7,269,136
18,500,000,000
COP
Colombian
TES
..............................................
12.50%
2/27/2030
5,446,186
46,400,000,000
COP
Colombian
TES
..............................................
7.00%
3/26/2031
11,172,727
23,888,049
CZECH
REPUBLIC
-
3.5%
260,400,000
CZK
Czech
Republic
Government
Bond
.................................
2.75%
7/23/2029
11,837,919
147,300,000
CZK
Czech
Republic
Government
Bond
.................................
3.00%
3/3/2033
6,420,570
18,258,489
HUNGARY
-
6.6%
4,877,700,000
HUF
Hungary
Government
Bond
......................................
4.75%
11/24/2032
15,434,225
5,049,500,000
HUF
Hungary
Government
Bond
......................................
7.00%
10/24/2035
18,493,402
33,927,627
INDIA
-
0.0%
(a)
12,000,000
INR
Export-Import
Bank
of
Korea
.....................................
8.10%
10/16/2030
128,995
INDONESIA
-
4.5%
136,345,000,000
IDR
Indonesia
Treasury
Bond
........................................
8.25%
5/15/2029
7,846,453
105,250,000,000
IDR
Indonesia
Treasury
Bond
........................................
8.38%
3/15/2034
6,302,249
80,982,000,000
IDR
Indonesia
Treasury
Bond
........................................
7.50%
6/15/2035
4,627,851
85,950,000,000
IDR
Indonesia
Treasury
Bond
........................................
6.75%
7/15/2035
4,677,112
23,453,665
DoubleLine
Emerging
Markets
Local
Currency
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
2
PRINCIPAL
AMOUNT
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
MALAYSIA
-
4.5%
53,500,000
MYR
Malaysia
Government
Bond
......................................
3.58%
7/15/2032
13,171,087
41,700,000
MYR
Malaysia
Government
Bond
......................................
3.83%
7/5/2034
10,388,229
23,559,316
MEXICO
-
11.2%
393,180,000
MXN
Mexican
Bonos
...............................................
7.75%
5/29/2031
21,858,118
330,000,000
MXN
Mexican
Bonos
...............................................
7.50%
5/26/2033
17,645,116
346,600,000
MXN
Mexican
Bonos
...............................................
8.00%
2/21/2036
18,506,409
58,009,643
PERU
-
3.2%
23,270,000
PEN
Peru
Government
Bond
.........................................
5.40%
8/12/2034
6,648,421
31,000,000
PEN
Peru
Government
Bond
(b)
........................................
7.60%
8/12/2039
9,724,261
350,000
PEN
Peruvian
Government
International
Bond
.............................
6.90%
8/12/2037
104,781
16,477,463
PHILIPPINES
-
0.0%
(a)
4,500,000
PHP
Philippine
Government
Bond
.....................................
6.88%
1/10/2029
74,156
POLAND
-
4.4%
11,800,000
PLN
Republic
of
Poland
Government
Bond
...............................
4.50%
7/25/2030
3,141,892
36,675,000
PLN
Republic
of
Poland
Government
Bond
...............................
1.75%
4/25/2032
8,282,862
43,800,000
PLN
Republic
of
Poland
Government
Bond
...............................
5.00%
10/25/2034
11,578,771
23,003,525
ROMANIA
-
2.9%
41,860,000
RON
Romania
Government
Bond
......................................
6.30%
4/26/2028
9,140,350
25,000,000
RON
Romania
Government
Bond
......................................
8.00%
4/29/2030
5,726,784
14,867,134
SINGAPORE
-
4.6%
14,800,000
SGD
Singapore
Government
Bond
.....................................
2.75%
3/1/2035
12,131,704
15,200,000
SGD
Singapore
Government
Bond
.....................................
2.38%
7/1/2039
12,118,878
24,250,582
SOUTH
AFRICA
-
13.8%
351,160,000
ZAR
Republic
of
South
Africa
Government
Bond
...........................
8.88%
2/28/2035
22,229,327
400,020,000
ZAR
Republic
of
South
Africa
Government
Bond
...........................
8.50%
1/31/2037
24,311,811
351,100,000
ZAR
Republic
of
South
Africa
Government
Bond
...........................
10.88%
3/31/2038
24,829,694
71,370,832
THAILAND
-
4.5%
69,200,000
THB
Thailand
Government
Bond
......................................
2.40%
11/17/2027
2,122,072
318,350,000
THB
Thailand
Government
Bond
......................................
3.35%
6/17/2033
10,543,481
382,600,000
THB
Thailand
Government
Bond
......................................
1.59%
12/17/2035
11,077,588
23,743,141
Total
Foreign
Government
Bonds,
Foreign
Agencies
and
Foreign
Government
Sponsored
Corporations
(Cost
$423,506,185)
433,026,913
SHARES
a
SHORT
TERM
INVESTMENTS
-
2.6%
4,680,409
USD
BNY
Dreyfus
Government
Cash
Management
-
Institutional
(c)
...............
3.54%
4,680,409
4,542,750
USD
MSILF
Government
Portfolio
-
Institutional
(c)
...........................
3.56%
4,542,750
4,542,750
USD
Northern
Institutional
Funds
-Treasury
Portfolio
-
SHR
(c)
...................
3.56%
4,542,750
Total
Short
Term
Investments
(Cost
$13,765,909)
13,765,909
Total
Investments
-
98.9%
(Cost
$509,590,354)
514,969,472
Other
Assets
in
Excess
of
Liabilities
-
1.1%
5,502,917
NET
ASSETS
-
100.0%
$520,472,389
DoubleLine
Emerging
Markets
Local
Currency
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
3
(a)
Represents
less
than
0.05%
of
net
assets.
(b)
Security
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933.
These
securities
may
be
resold
in
transactions
exempt
from
registration
to
qualified
institutional
buyers.
As
of
June
30,
2026,
the
value
of
these
securities
total
29,984,265
or
5.76%
of
the
Fund’s
net
assets.
(c)
Seven-day
yield
as
of
period
end.
MSILF
Morgan
Stanley
Institutional
Liquidity
Funds
BRL
Brazilian
Real
CLP
Chilean
Peso
CNY
Chinese
Yuan
Renminbi
COP
Colombian
Peso
CZK
Czech
Republic
Koruna
HUF
Hungarian
Forint
IDR
Indonesian
Rupiah
INR
Indian
Rupee
MXN
Mexican
Peso
MYR
Malaysian
Ringgit
PEN
Peruvian
Sol
PHP
Philippine
Peso
PLN
Polish
Zloty
RON
Romanian
Leu
SGD
Singapore
Dollar
THB
Thai
Baht
USD
United
States
Dollar
ZAR
South
African
Rand