DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
June
30,
2026
(Unaudited)
1
PRINCIPAL
AMOUNT
$
S
ECURITY
D
ESCRIPTION
R
ATE
M
ATURITY
V
ALUE
$
a
a
a
a
a
ASSET
BACKED
OBLIGATIONS
-
8.8%
ACHV
Trust
1,156,100
Series
2024-2PL-A
(a)
..................................................
5.07%
10/27/2031
1,158,090
Affirm,
Inc.
22,100,000
Series
2025-1A-A
(a)
...................................................
4.99%
2/15/2033
22,190,135
8,775,114
Series
2025-X2-A
(a)
...................................................
4.45%
10/15/2030
8,782,074
13,475,992
Series
2026-X1-A
(a)
...................................................
4.27%
4/15/2031
13,472,396
Aligned
Data
Centers
Issuer
LLC
3,100,000
Series
2022-1A-A2
(a)
..................................................
6.35%
10/15/2047
3,101,183
Ally
Auto
Receivables
Trust
9,154,248
Series
2024-2-A3
....................................................
4.14%
7/16/2029
9,148,075
American
Credit
Acceptance
Receivables
Trust
861,690
Series
2024-4-B
(a)
....................................................
4.80%
11/13/2028
861,888
AmeriCredit
Automobile
Receivables
Trust
5,813,658
Series
2026-1-A1
(a)
...................................................
3.99%
3/18/2027
5,814,066
15,000,000
Series
2026-1-A2
(a)
...................................................
4.03%
4/18/2029
14,974,668
Aqua
Finance
Trust
750,039
Series
2020-AA-A
(a)
...................................................
1.90%
7/17/2046
704,633
AutoNation
Finance
Trust
6,921,000
Series
2025-1A-A3
(a)
..................................................
4.62%
11/13/2029
6,937,887
5,813,333
Series
2026-1A-A2
(a)
..................................................
3.95%
1/11/2029
5,806,001
5,000,000
Series
2026-2A-A1
(a)
..................................................
3.96%
6/15/2027
4,999,739
Avant
Credit
Card
Master
Trust
5,100,000
Series
2025-1A-A
(a)
...................................................
4.89%
4/15/2031
5,056,759
AVANT
Loans
Funding
Trust
10,000,000
Series
2024-REV1-A
(a)
.................................................
5.92%
10/15/2033
10,015,378
20,000,000
Series
2025-REV1-A
(a)
.................................................
5.12%
5/15/2034
20,021,852
CAI
International,
Inc.
5,448,906
Series
2020-1A-A
(a)
...................................................
2.22%
9/25/2045
5,227,160
CarMax
Auto
Owner
Trust
11,725,000
Series
2026-1-A2A
...................................................
3.87%
4/16/2029
11,688,530
CarMax
Select
Receivables
Trust
1,000,000
Series
2026-B-A2
....................................................
4.35%
4/16/2029
999,879
Carvana
Auto
Receivables
Trust
8,000,000
Series
2024-P3-A4
...................................................
4.31%
9/10/2030
7,960,574
Cherry
Securitization
Trust
6,650,000
Series
2026-1A-A
(a)
...................................................
5.43%
1/17/2034
6,655,019
Commonbond
Student
Loan
Trust
598,824
Series
2017-BGS-A1
(a)
.................................................
2.68%
9/25/2042
562,733
595,742
Series
2020-AGS-A
(a)
.................................................
1.98%
8/25/2050
536,190
Compass
Datacenters
LLC
17,648,000
Series
2024-1A-A1
(a)
..................................................
5.25%
2/25/2049
17,726,638
4,430,000
Series
2025-1A-A3
(a)
..................................................
5.85%
2/25/2050
4,441,766
Cyrusone
Holdco
LLC
4,180,000
Series
2023-1A-A2
(a)
..................................................
4.30%
4/20/2048
4,092,711
DataBank
Issuer
LLC
10,000,000
Series
2023-1A-A2
(a)
..................................................
5.12%
2/25/2053
9,880,946
DigitalBridge
Group,
Inc.
6,400,000
Series
2023-1A-A2A
(a)
.................................................
5.00%
9/15/2048
6,339,976
Domino's
SPV
Guarantor
LLC
1,488,000
Series
2019-1A-A2
(a)
..................................................
3.67%
10/25/2049
1,429,981
DT
Auto
Owner
Trust
2,000,000
Series
2022-1A-E
(a)
...................................................
5.53%
3/15/2029
2,000,937
FCCU
Auto
Receivables
Trust
1,256,061
Series
2025-1A-A2
(a)
..................................................
4.87%
1/16/2029
1,257,796
Foundation
Finance
Trust
7,743,768
Series
2025-3A-A
(a)
...................................................
4.56%
8/15/2052
7,659,923
Global
Sea
Containers
Two
SRL
1,825,777
Series
2020-1A-A
(a)
...................................................
2.17%
10/17/2040
1,753,939
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
2
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
GLS
Auto
Receivables
Trust
19,650,000
Series
2025-1A-C
(a)
...................................................
5.07%
11/15/2030
19,729,632
GLS
Auto
Select
Receivables
Trust
1,493,201
Series
2024-3A-A2
(a)
..................................................
5.59%
10/15/2029
1,502,936
4,015,255
Series
2024-4A-A2
(a)
..................................................
4.43%
12/17/2029
4,016,010
GM
Financial
Leasing
Trust
6,750,000
Series
2025-2-C
.....................................................
5.04%
10/22/2029
6,771,713
GreenSky
LLC
1,631,946
Series
2024-2-A4
(a)
...................................................
5.15%
10/27/2059
1,639,301
7,092,919
Series
2025-3A-A1
(a)
..................................................
4.34%
12/27/2060
7,090,362
Hilton
Grand
Vacations,
Inc.
160,668
Series
2020-AA-A
(a)
...................................................
2.74%
2/25/2039
158,905
Hyundai
Auto
Receivables
Trust
9,000,000
Series
2026-B-A2A
...................................................
4.19%
5/15/2029
8,998,072
Imprint
Payments
Credit
Card
Master
Trust
5,000,000
Series
2025-A-A
(a)
....................................................
4.84%
9/15/2029
4,976,691
Loanpal
Solar
Loan
Ltd.
6,400,243
Series
2020-3GS-A
(a)
..................................................
2.47%
12/20/2047
5,312,157
Mariner
Finance
Issuance
Trust
1,660,000
Series
2021-AA-B
(a)
...................................................
2.33%
3/20/2036
1,614,391
4,150,000
Series
2024-BA-A
(a)
...................................................
4.91%
11/20/2038
4,147,659
13,000,000
Series
2025-AA-A
(a)
...................................................
4.98%
5/20/2038
13,027,992
Marlette
Funding
Trust
580,009
Series
2025-1A-A
(a)
...................................................
4.75%
7/16/2035
580,276
4,125,000
Series
2025-1A-B
(a)
...................................................
4.95%
7/16/2035
4,125,220
Navient
Refinance
Loan
Trust
12,500,000
Series
2026-B-A
(a)
....................................................
5.07%
6/15/2056
12,511,447
Navient
Student
Loan
Trust
1,302,901
Series
2020-FA-A
(a)
...................................................
1.22%
7/15/2069
1,229,344
765,300
Series
2020-GA-A
(a)
..................................................
1.17%
9/16/2069
717,302
7,146,223
Series
2022-A-A
(a)
....................................................
2.23%
7/15/2070
6,536,037
Pagaya
AI
Debt
Selection
Trust
394,177
Series
2024-11-B
(a)
...................................................
5.64%
7/15/2032
395,589
4,181,617
Series
2024-11-C
(a)
...................................................
5.87%
7/15/2032
4,188,694
672,835
Series
2024-5-C
(a)
....................................................
7.27%
10/15/2031
673,507
7,737,693
Series
2025-1-A2
(a)
...................................................
5.16%
7/15/2032
7,748,682
6,249,344
Series
2025-2-B
(a)
....................................................
5.33%
10/15/2032
6,238,616
5,792,141
Series
2025-2-C
(a)
....................................................
5.64%
10/15/2032
5,794,792
3,613,548
Series
2025-5-A2
(a)
...................................................
5.11%
3/15/2033
3,616,196
339,707
Series
2025-8-A1
(a)
...................................................
4.32%
12/15/2026
339,695
1,809,377
Series
2025-8-A2
(a)
...................................................
4.85%
7/15/2033
1,808,281
RCKT
Mortgage
Trust
1,709,408
Series
2025-2A-A
(a)
...................................................
4.48%
11/27/2034
1,710,509
850,000
Series
2025-2A-B
(a)
...................................................
4.60%
11/27/2034
846,822
8,500,000
Series
2025-2A-C
(a)
...................................................
4.95%
11/27/2034
8,453,235
Reach
Financial
LLC
915,085
Series
2025-2A-A
(a)
...................................................
4.93%
8/18/2032
917,028
RKTL
5,264,984
Series
2026-2A-A
(a)
...................................................
4.33%
5/25/2035
5,258,873
Santander
Consumer
USA
Holdings,
Inc.
4,250,000
Series
2024-5-C
.....................................................
4.78%
1/15/2031
4,262,271
Sierra
Timeshare
Conduit
Receivables
Funding
LLC
12,970,999
Series
2026-1A-A
(a)
...................................................
4.56%
12/22/2042
12,869,382
Slam
Ltd.
8,859,243
Series
2024-1A-A
(a)
...................................................
5.34%
9/15/2049
8,805,902
SLM
Student
Loan
Trust
3,080,746
Series
2006-A-A5
(3
mo.
Term
SOFR
+
0.55%,
0.00%
Floor)
......................
4.22%
6/15/2039
3,015,422
1,775,205
Series
2006-B-A5
(3
mo.
Term
SOFR
+
0.53%,
0.00%
Floor)
......................
4.20%
12/15/2039
1,742,247
SOFI
Alternative
Trust
290,217
Series
2021-1-PT1
(a)(b)
.................................................
9.72%
5/25/2030
276,630
SOFI
Consumer
Loan
Program
Trust
3,180,412
Series
2025-1-A
(a)
....................................................
4.80%
2/27/2034
3,185,426
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
3
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
12,000,000
Series
2025-2-B
(a)
....................................................
4.97%
6/25/2034
12,031,529
2,775,893
Series
2025-3-A
(a)
....................................................
4.47%
8/15/2034
2,777,000
10,250,000
Series
2025-3-B
(a)
....................................................
4.67%
8/15/2034
10,227,851
5,212,586
Series
2025-4-A
(a)
....................................................
4.24%
8/25/2035
5,207,393
19,007,937
Series
2026-1-A
(a)
....................................................
4.06%
12/26/2035
18,953,023
27,224,367
Series
2026-2-A
(a)
....................................................
4.27%
3/25/2036
27,195,607
26,300,000
Series
2026-3-A
(a)
....................................................
4.46%
6/25/2035
26,367,144
SOFI
Professional
Loan
Program
LLC
188,791
Series
2018-D-A2FX
(a)
.................................................
3.60%
2/25/2048
188,144
2,153,975
Series
2020-C-AFX
(a)
..................................................
1.95%
2/15/2046
2,023,413
Switch
Ltd.
4,410,000
Series
2025-2A-A21
(a)
.................................................
5.12%
10/25/2055
4,347,528
TAL
Advantage
LLC
1,981,250
Series
2020-1A-A
(a)
...................................................
2.05%
9/20/2045
1,900,583
Tesla
Sustainable
Energy
Trust
13,309,438
Series
2024-1A-A2
(a)
..................................................
5.08%
6/21/2050
13,315,054
Textainer
Ltd.
613,333
Series
2021-3A-A
(a)
...................................................
1.94%
8/20/2046
554,114
Toyota
Lease
Owner
Trust
17,150,000
Series
2024-B-A4
(a)
...................................................
4.25%
1/22/2029
17,151,200
UPCL
2,313,099
Series
2023-1
A
(c)
....................................................
7.65%
4/22/2030
2,335,999
Upgrade
Master
Pass-Thru
Trust
18,905
Series
2021-PT3-A
(a)(b)
.................................................
19.20%
7/15/2027
15,208
6,483,156
Series
2025-ST2-A
(a)
..................................................
6.11%
6/15/2032
6,510,249
3,884,942
Series
2025-ST6-A
(a)
..................................................
4.61%
10/15/2032
3,880,259
6,329,352
Series
2025-ST7-A
(a)
..................................................
4.55%
11/15/2032
6,326,947
14,064,495
Series
2026-ST2-A
(a)
..................................................
4.41%
6/15/2034
14,053,688
Upstart
Securitization
Trust
1,789,432
Series
2024-1-A
(a)
....................................................
5.33%
11/20/2034
1,792,050
5,717,071
Series
2025-1-A
(a)
....................................................
5.45%
4/20/2035
5,735,263
2,569,221
Series
2025-2-A2
(a)
...................................................
5.22%
6/20/2035
2,572,557
3,755,765
Series
2025-3-A2
(a)
...................................................
4.60%
9/20/2035
3,753,232
1,169,161
Series
2025-4-A2
(a)
...................................................
4.56%
11/20/2035
1,168,923
1,412,201
Series
2026-1-A1
(a)
...................................................
4.14%
2/22/2027
1,412,296
11,546,000
Series
2026-1-A2
(a)
...................................................
4.30%
3/20/2036
11,506,894
14,106,000
Series
2026-3-A1
(a)
...................................................
4.25%
6/20/2027
14,140,136
Wendy's
SPV
Guarantor
LLC
7,614,580
Series
2018-1A-A2II
(a)
.................................................
3.88%
3/15/2048
7,445,615
Westlake
Automobile
Receivables
Trust
8,947,000
Series
2026-1A-A2A
(a)
.................................................
4.02%
9/15/2028
8,938,589
Total
Asset
Backed
Obligations
(Cost
$644,914,539)
643,920,256
COLLATERALIZED
LOAN
OBLIGATIONS
-
10.1%
Allegro
CLO
Ltd.
7,000,000
Series
2022-1A-A1R
(3
mo.
Term
SOFR
+
1.18%,
1.18%
Floor)
(a)
...................
4.86%
4/20/2038
7,001,699
Apidos
CLO
10,000,000
Series
2022-39A-A1R
(3
mo.
Term
SOFR
+
1.23%,
1.23%
Floor)
(a)
..................
4.90%
10/21/2038
10,014,000
ARES
CLO
Ltd.
28,000,000
Series
2021-61A-A1R2
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
.................
4.85%
4/20/2037
28,017,413
Bain
Capital
Credit
CLO
Ltd.
20,000,000
Series
2022-6A-A1R
(3
mo.
Term
SOFR
+
1.37%,
1.37%
Floor)
(a)
...................
5.03%
1/22/2038
20,050,774
10,000,000
Series
2024-6A-A1
(3
mo.
Term
SOFR
+
1.33%,
1.33%
Floor)
(a)
....................
5.00%
1/21/2038
10,020,027
Benefit
Street
Partners
CLO
Ltd.
15,000,000
Series
2024-37A-A
(3
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
....................
5.02%
1/25/2038
15,030,381
Bridge
Street
CLO
Ltd.
9,000,000
Series
2020-1AR
A1RR
................................................
5.01%
7/15/2039
9,000,000
6,000,000
Series
2025-1A-A1
(3
mo.
Term
SOFR
+
1.22%,
1.22%
Floor)
(a)
....................
4.90%
4/20/2038
6,004,420
Captree
Park
CLO
Ltd.
34,000,000
Series
2024-1A-A1R
(3
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
...................
4.88%
7/20/2037
34,000,000
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
4
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
Carlyle
Global
Market
Strategies
10,000,000
Series
2021-9A-AR
(3
mo.
Term
SOFR
+
1.11%,
1.11%
Floor)
(a)
....................
4.79%
10/20/2034
10,007,581
15,000,000
Series
2022-2A-A1R
(3
mo.
Term
SOFR
+
1.36%,
1.36%
Floor)
(a)
...................
5.04%
1/20/2038
15,034,128
10,000,000
Series
2023-3A-A1R
(3
mo.
Term
SOFR
+
1.23%,
1.23%
Floor)
(a)
...................
4.90%
10/15/2038
10,013,927
CBAM
Ltd.
10,000,000
Series
2017-1A-AR2
(3
mo.
Term
SOFR
+
1.39%,
1.39%
Floor)
(a)
...................
5.07%
1/20/2038
10,021,618
CBAMR
Ltd.
11,500,000
Series
2017-2A-A1RR
(3
mo.
Term
SOFR
+
1.32%,
1.32%
Floor)
(a)
..................
5.01%
4/17/2039
11,525,012
Cedar
Funding
Ltd.
20,000,000
Series
2018-9A-AR
(3
mo.
Term
SOFR
+
1.42%,
1.42%
Floor)
(a)
....................
5.10%
7/20/2037
20,049,234
Cent
CLO
7,500,000
Series
2021-31A-A1R
(3
mo.
Term
SOFR
+
1.10%,
1.10%
Floor)
(a)
..................
4.78%
4/20/2034
7,504,442
15,500,000
Series
2024-33A-A1R
(3
mo.
Term
SOFR
+
1.26%,
1.26%
Floor)
(a)
..................
4.88%
4/20/2037
15,505,840
CIFC
Funding
Ltd.
11,500,000
Series
2017-1A-AR3
(3
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
...................
4.84%
4/21/2037
11,505,673
10,000,000
Series
2021-5A-A1R
(3
mo.
Term
SOFR
+
1.26%,
1.26%
Floor)
(a)
...................
4.93%
1/15/2038
10,017,630
Clover
CLO
20,000,000
Series
2018-1A-A1R3
(3
mo.
Term
SOFR
+
1.31%,
1.31%
Floor)
(a)
..................
4.97%
4/20/2037
20,040,428
Crown
City
CLO
18,000,000
Series
2021-1A-A1A
(3
mo.
Term
SOFR
+
1.43%,
1.17%
Floor)
(a)
...................
5.11%
7/20/2034
18,012,029
18,000,000
Series
2022-4A-A1R2
(3
mo.
Term
SOFR
+
1.28%,
1.28%
Floor)
(a)
..................
4.91%
4/20/2037
18,033,957
Dryden
Senior
Loan
Fund
15,450,000
Series
2020-83A-AR2
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
..................
4.85%
4/18/2037
15,459,735
Eldridge
CLO
Ltd.
15,000,000
Series
2025-1A-A1
(3
mo.
Term
SOFR
+
1.33%,
1.33%
Floor)
(a)
....................
5.01%
10/20/2038
15,029,942
Elmwood
CLO
IV
Ltd.
13,000,000
Series
2020-1A-ARR
(3
mo.
Term
SOFR
+
1.25%,
1.25%
Floor)
(a)
..................
4.93%
4/18/2037
13,016,766
Greenacre
Park
CLO
LLC
5,240,000
Series
2021-2A-AR
(3
mo.
Term
SOFR
+
1.37%,
1.37%
Floor)
(a)
....................
5.05%
7/20/2037
5,254,054
Halsey
Point
CLO
Ltd.
52,000,000
Series
2021-5A-A1A
(3
mo.
Term
SOFR
+
1.47%,
1.21%
Floor)
(a)
...................
5.14%
1/30/2035
52,046,420
Invesco
CLO
Ltd.
13,500,000
Series
2024-3A-AR
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
....................
4.83%
7/20/2037
13,505,360
Juniper
Valley
Park
CLO
Ltd.
2,500,000
Series
2023-1A-ARR
(3
mo.
Term
SOFR
+
1.08%,
1.08%
Floor)
(a)
..................
4.76%
7/20/2036
2,501,250
Kennedy
Lewis
CLO
Ltd.
19,500,000
Series
9A-AR
(3
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
........................
5.03%
1/20/2038
19,539,000
Madison
Park
Funding
Ltd.
15,000,000
Series
2024-58AR-AR
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
..................
4.95%
4/25/2037
15,000,000
Magnetite
CLO
Ltd.
30,000,000
Series
2022-35A-A1RR
(3
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
.................
4.87%
1/25/2039
30,030,474
OCP
CLO
Ltd.
3,000,000
Series
2020-20A-A1R2
(3
mo.
Term
SOFR
+
1.26%,
1.26%
Floor)
(a)
.................
4.94%
4/18/2037
3,003,575
11,000,000
Series
2024-31A-AR
(3
mo.
Term
SOFR
+
1.15%,
1.15%
Floor)
(a)
...................
4.83%
4/20/2039
10,996,447
Octagon
Investment
Partners
Ltd.
10,000,000
Series
2025-1A-A1
(3
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
....................
4.86%
1/22/2038
10,009,240
OHA
Credit
Funding
9,000,000
Series
2020-7A-A1R2
(3
mo.
Term
SOFR
+
1.28%,
1.28%
Floor)
(a)
..................
4.96%
7/19/2038
9,013,373
Palmer
Square
CLO
Ltd.
17,500,000
Series
2018-1A-A1R2
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
..................
4.85%
4/18/2037
17,510,831
5,000,000
Series
2018-2A-A1R2
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
..................
4.84%
4/16/2037
5,003,143
Peebles
Park
CLO
Ltd.
35,000,000
Series
2024-1A-AR
(3
mo.
Term
SOFR
+
1.22%,
1.22%
Floor)
(a)
....................
4.83%
4/21/2037
35,026,026
Rad
CLO
Ltd.
3,600,000
Series
2021-10A-A
(3
mo.
Term
SOFR
+
1.43%,
1.17%
Floor)
(a)
....................
5.10%
4/23/2034
3,602,885
Sandstone
Peak
Ltd.
15,000,000
Series
2024-1A-A1R
(3
mo.
Term
SOFR
+
1.30%,
1.30%
Floor)
(a)
...................
4.95%
4/25/2037
15,030,000
Sound
Point
CLO
Ltd.
3,121,445
Series
2014-2RA-A
(3
mo.
Term
SOFR
+
1.51%,
1.25%
Floor)
(a)
....................
5.19%
10/20/2031
3,126,125
25,000,000
Series
2020-1A-AR
(3
mo.
Term
SOFR
+
1.43%,
1.43%
Floor)
(a)
....................
5.11%
7/20/2034
25,016,978
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
5
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
Steele
Creek
CLO
Ltd.
13,808,478
Series
2019-2A-ARR
(3
mo.
Term
SOFR
+
1.00%,
1.00%
Floor)
(a)
..................
4.67%
7/15/2032
13,822,054
Storm
King
Park
CLO
Ltd.
9,000,000
Series
2022-1A-AR
(3
mo.
Term
SOFR
+
1.36%,
1.36%
Floor)
(a)
....................
5.03%
10/15/2037
9,020,236
Texas
Debt
Capital
CLO
Ltd.
10,500,000
Series
2023-1A-A1R
(3
mo.
Term
SOFR
+
1.30%,
1.30%
Floor)
(a)
...................
4.98%
7/20/2038
10,523,058
Trestles
CLO
Ltd.
20,000,000
Series
2021-4A-AR1
(3
mo.
Term
SOFR
+
1.28%,
1.28%
Floor)
(a)
...................
4.94%
10/30/2038
20,040,000
10,000,000
Series
2023-6A-A1R
(3
mo.
Term
SOFR
+
1.18%,
1.18%
Floor)
(a)
...................
4.85%
4/25/2038
10,002,264
Trimaran
CAVU
LLC
10,000,000
Series
2021-3A-A
(3
mo.
Term
SOFR
+
1.47%,
1.21%
Floor)
(a)
.....................
5.15%
1/18/2035
10,008,363
Vibrant
CLO
Ltd.
10,000,000
Series
2021-13A-A1R
(3
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
..................
5.07%
1/15/2038
10,025,600
20,000,000
Series
2024-4RA-A1A
(3
mo.
Term
SOFR
+
1.43%,
1.43%
Floor)
(a)
..................
5.11%
10/20/2037
20,050,960
Voya
CLO
Ltd.
3,500,000
Series
2023-1A-A1R
(3
mo.
Term
SOFR
+
1.21%,
1.21%
Floor)
(a)
...................
4.89%
1/20/2039
3,505,246
Wellington
Management
CLO
Ltd.
4,000,000
Series
2025-4A-A
(3
mo.
Term
SOFR
+
1.15%,
1.15%
Floor)
(a)
.....................
4.83%
4/18/2038
4,000,649
Total
Collateralized
Loan
Obligations
(Cost
$745,203,342)
746,130,267
FOREIGN
CORPORATE
BONDS
-
7.6%
14,106,000
180
Medical,
Inc.
(a)
...................................................
3.88%
10/15/2029
13,533,239
2,401,700
Adani
International
Container
Terminal
Pvt
Ltd.
................................
3.00%
2/16/2031
2,230,150
5,650,000
Adani
Ports
&
Special
Economic
Zone
Ltd.
...................................
4.38%
7/3/2029
5,491,437
7,663,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
.......................
6.45%
4/15/2027
7,761,966
2,766,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
.......................
5.75%
6/6/2028
2,820,381
13,278,000
AIB
Group
PLC
(SOFR
+
1.65%)
(a)
........................................
5.32%
5/15/2031
13,444,729
5,333,327
AL
Candelaria
Spain
SA
...............................................
7.50%
12/15/2028
5,444,767
5,949,000
Anglo
American
Capital
PLC
(a)
...........................................
4.63%
3/19/2031
5,865,988
3,800,000
AngloGold
Ashanti
Holdings
PLC
.........................................
3.75%
10/1/2030
3,596,413
4,200,000
Antofagasta
PLC
....................................................
2.38%
10/14/2030
3,796,485
13,852,000
ArcelorMittal
SA
.....................................................
4.25%
7/16/2029
13,656,683
5,359,000
Ashtead
Capital,
Inc.
(a)
.................................................
4.25%
11/1/2029
5,250,729
5,895,000
Avolon
Holdings
Funding
Ltd.
(a)
...........................................
6.38%
5/4/2028
6,048,831
6,696,000
Avolon
Holdings
Funding
Ltd.
(a)
...........................................
5.38%
5/30/2030
6,765,333
5,400,000
Axiata
SPV2
Bhd
....................................................
2.16%
8/19/2030
4,891,173
12,369,000
BAE
Systems
PLC
(a)
..................................................
3.40%
4/15/2030
11,835,147
355,000
Banco
BBVA
Peru
SA
(5
yr.
CMT
Rate
+
2.00%)
...............................
6.20%
6/7/2034
363,493
2,000,000
Banco
de
Credito
del
Peru
SA
(5
yr.
CMT
Rate
+
2.45%)
.........................
3.25%
9/30/2031
1,989,608
7,200,000
Banco
de
Credito
del
Peru
SA
(5
yr.
CMT
Rate
+
2.45%)
(a)
........................
3.25%
9/30/2031
7,162,590
8,600,000
Banco
Internacional
del
Peru
SAA
Interbank
(5
yr.
CMT
Rate
+
2.07%)
...............
6.40%
4/30/2035
8,861,010
3,700,000
Banco
Mercantil
del
Norte
SA/Grand
Cayman
(10
yr.
CMT
Rate
+
5.35%)
(d)
............
7.63%
1/10/2028
3,716,772
1,500,000
Banco
Santander
Chile
................................................
4.55%
11/20/2030
1,479,375
3,900,000
Banco
Santander
Chile
(a)
...............................................
4.55%
11/20/2030
3,846,375
4,600,000
Banco
Santander
Mexico
SA
Institucion
de
Banca
Multiple
Grupo
Financiero
Santand
(5
yr.
CMT
Rate
+
3.00%)
..............................................
7.53%
10/1/2028
4,768,323
2,500,000
Banco
Santander
Mexico
SA
Institucion
de
Banca
Multiple
Grupo
Financiero
Santand
....
5.62%
12/10/2029
2,542,960
2,102,000
Bank
of
Ireland
Group
PLC
(SOFR
+
1.62%)
(a)
................................
5.60%
3/20/2030
2,147,040
13,655,000
Bank
of
Montreal
(SOFR
+
1.25%)
........................................
4.64%
9/10/2030
13,620,829
11,410,000
Banque
Federative
du
Credit
Mutuel
SA
(a)
...................................
5.54%
1/22/2030
11,672,770
12,889,000
Barclays
PLC
(SOFR
+
0.91%)
...........................................
4.91%
6/26/2030
12,888,954
357,000
BAT
Capital
Corp.
....................................................
4.91%
4/2/2030
358,839
5,906,000
BAT
International
Finance
PLC
...........................................
5.93%
2/2/2029
6,088,333
8,900,000
BBVA
Mexico
SA
Institucion
De
Banca
Multiple
Grupo
Financiero
BBVA
Mexico
(5
yr.
CMT
Rate
+
4.31%)
..................................................
5.88%
9/13/2034
8,765,784
11,326,000
BPCE
SA
(SOFR
+
1.68%)
(a)
............................................
5.88%
1/14/2031
11,639,005
3,200,000
BRF
GmbH
........................................................
4.35%
9/29/2026
3,188,157
6,222,000
CaixaBank
SA
(SOFR
+
2.70%)
(a)
.........................................
6.21%
1/18/2029
6,367,522
2,970,000
CaixaBank
SA
(SOFR
+
1.21%)
(a)
.........................................
4.82%
4/22/2032
2,946,675
3,919,000
Canadian
Imperial
Bank
of
Commerce
(SOFR
+
0.67%)
.........................
4.72%
6/16/2029
3,924,635
14,498,000
Canadian
Pacific
Railway
Co.
............................................
4.80%
3/30/2030
14,576,405
4,500,000
Cemex
SAB
de
CV
...................................................
5.45%
11/19/2029
4,530,879
13,656,000
Cenovus
Energy,
Inc.
.................................................
4.65%
3/20/2031
13,486,111
7,883,830
Chile
Electricity
PEC
SpA
(a)
.............................................
0.00%
1/25/2028
7,280,717
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
6
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
2,057,700
Cometa
Energia
SA
de
CV
..............................................
6.38%
4/24/2035
2,126,312
6,307,000
Cooperatieve
Rabobank
UA/NY
..........................................
4.32%
4/1/2029
6,296,692
6,822,000
Credit
Agricole
SA
(SOFR
+
1.13%)
(a)
......................................
5.23%
1/9/2029
6,876,023
4,570,000
Daimler
Truck
Finance
North
America
LLC
(a)
..................................
4.30%
8/12/2027
4,561,452
3,299,000
Daimler
Truck
Finance
North
America
LLC
(a)
..................................
4.15%
1/12/2029
3,258,294
1,715,000
Diageo
Investment
Corp.
...............................................
5.13%
8/15/2030
1,743,728
597,011
Digicel
Group
Holdings
Ltd.
(a)(c)(e)
..........................................
0.00%
12/31/2030
30,020
191,724
Digicel
Group
Holdings
Ltd.
(a)(c)(e)
..........................................
0.00%
12/31/2030
1,374
8,301,000
Element
Fleet
Management
Corp.
(a)
.......................................
6.32%
12/4/2028
8,587,318
6,875,000
Element
Fleet
Management
Corp.
(a)
.......................................
5.04%
3/25/2030
6,915,403
2,392,000
Element
Fleet
Management
Corp.
(a)
.......................................
4.64%
11/24/2030
2,363,320
989,900
Empresa
Electrica
Angamos
SA
..........................................
4.88%
5/25/2029
911,569
3,248,000
Enbridge,
Inc.
.......................................................
6.00%
11/15/2028
3,347,869
5,428,000
ENEL
Finance
International
NV
(a)
.........................................
5.13%
6/26/2029
5,494,332
5,269,000
ENEL
Finance
International
NV
(a)
.........................................
4.38%
9/30/2030
5,177,828
5,400,000
Freeport
Indonesia
PT
.................................................
4.76%
4/14/2027
5,424,576
3,400,000
Freeport-McMoRan,
Inc.
...............................................
5.00%
9/1/2027
3,400,838
1,900,000
Freeport-McMoRan,
Inc.
...............................................
4.13%
3/1/2028
1,883,524
300,000
Gerdau
Trade,
Inc.
...................................................
4.88%
10/24/2027
299,606
6,974,748
GNL
Quintero
SA
....................................................
4.63%
7/31/2029
6,964,639
5,800,000
Gold
Fields
Orogen
Holdings
BVI
Ltd.
......................................
6.13%
5/15/2029
5,921,276
5,280,600
Guara
Norte
Sarl
....................................................
5.20%
6/15/2034
5,107,725
320,000
HSBC
Holdings
PLC
(SOFR
+
1.04%)
......................................
4.67%
11/19/2028
321,626
6,518,000
Imperial
Brands
Finance
PLC
(a)
...........................................
4.50%
6/30/2028
6,503,548
5,290,000
Imperial
Brands
Finance
PLC
(a)
...........................................
5.50%
2/1/2030
5,405,666
3,900,000
Indofood
CBP
Sukses
Makmur
Tbk
........................................
3.40%
6/9/2031
3,570,222
5,700,000
InRetail
Consumer
...................................................
3.25%
3/22/2028
5,496,646
2,668,000
Intercorp
Financial
Services,
Inc.
.........................................
4.13%
10/19/2027
2,644,955
5,758,750
JSW
Hydro
Energy
Ltd.
................................................
4.13%
5/18/2031
5,340,506
3,600,000
JSW
Infrastructure
Ltd.
................................................
4.95%
1/21/2029
3,566,479
8,048,527
Mexico
Generadora
de
Energia
S
de
RL
....................................
5.50%
12/6/2032
8,031,244
4,590,000
Millicom
International
Cellular
SA
.........................................
5.13%
1/15/2028
4,564,670
1,800,000
Millicom
International
Cellular
SA
.........................................
6.25%
3/25/2029
1,808,507
4,870,745
Minejesa
Capital
BV
..................................................
4.63%
8/10/2030
4,809,306
3,400,000
Minsur
SA
.........................................................
4.50%
10/28/2031
3,261,488
3,010,000
Mizuho
Bank
Ltd.
(a)
...................................................
4.70%
4/16/2031
3,015,534
3,571,280
Mong
Duong
Finance
Holdings
BV
........................................
5.13%
5/7/2029
3,528,223
5,208,775
MV24
Capital
BV
....................................................
6.75%
6/1/2034
5,187,135
460,000
Nationwide
Building
Society
(SOFR
+
1.91%)
(a)
...............................
6.56%
10/18/2027
462,632
7,985,000
NatWest
Group
PLC
(1
yr.
CMT
Rate
+
1.22%)
................................
4.96%
8/15/2030
8,009,919
5,500,000
NBM
US
Holdings,
Inc.
................................................
6.63%
8/6/2029
5,497,607
547,000
Nexa
Resources
SA
..................................................
6.50%
1/18/2028
554,919
6,836,000
Nutrien
Ltd.
........................................................
4.90%
3/27/2028
6,868,122
7,300,000
Oversea-Chinese
Banking
Corp.
Ltd.
(5
yr.
CMT
Rate
+
1.58%)
....................
4.60%
6/15/2032
7,294,519
5,745,686
Prumo
Participacoes
e
Investimentos
S/A
...................................
7.50%
12/31/2031
5,862,467
2,750,000
Reliance
Industries
Ltd.
................................................
3.67%
11/30/2027
2,708,306
8,700,000
Rio
Tinto
Finance
USA
PLC
.............................................
4.88%
3/14/2030
8,784,313
13,408,000
Royal
Bank
of
Canada
(SOFR
+
0.86%)
....................................
4.49%
10/18/2028
13,456,325
3,079,999
Rutas
2
&
7
Finance
Ltd.
...............................................
0.00%
9/30/2036
2,365,439
5,454,000
Societe
Generale
SA
(a)
.................................................
3.00%
1/22/2030
5,115,659
2,750,000
Suzano
Austria
GmbH
.................................................
5.00%
1/15/2030
2,716,320
14,632,000
Suzano
Austria
GmbH
.................................................
3.75%
1/15/2031
13,751,238
3,556,000
Swedbank
AB
(a)
.....................................................
5.41%
3/14/2029
3,630,383
15,048,000
Triton
Container
International
Ltd.
(a)
........................................
3.15%
6/15/2031
13,634,053
1,570,000
UBS
Group
AG
(1
yr.
CMT
Rate
+
1.60%)
(a)
..................................
6.33%
12/22/2027
1,583,256
3,000,000
Ultrapar
International
SA
...............................................
5.25%
10/6/2026
3,000,341
200,000
Ultrapar
International
SA
...............................................
5.25%
6/6/2029
200,650
5,700,000
United
Overseas
Bank
Ltd.
(5
yr.
CMT
Rate
+
1.23%)
...........................
2.00%
10/14/2031
5,656,811
1,700,000
United
Overseas
Bank
Ltd.
(5
yr.
CMT
Rate
+
1.45%)
...........................
3.86%
10/7/2032
1,682,259
18,509,000
Vale
Overseas
Ltd.
...................................................
3.75%
7/8/2030
17,651,732
Total
Foreign
Corporate
Bonds
(Cost
$555,746,252)
554,883,355
FOREIGN
GOVERNMENT
BONDS,
FOREIGN
AGENCIES
AND
FOREIGN
GOVERNMENT
SPONSORED
CORPORATIONS
-
2.0%
1,350,000
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands
......................
5.88%
5/7/2030
1,369,710
450,000
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands
(a)
.....................
5.88%
5/7/2030
456,570
5,486,000
Banco
Nacional
de
Comercio
Exterior
SNC/Cayman
Islands
(5
yr.
CMT
Rate
+
2.00%)
....
2.72%
8/11/2031
5,460,218
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
7
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
9,320,224
Bioceanico
Sovereign
Certificate
Ltd.
......................................
0.00%
6/5/2034
7,648,362
3,600,000
BPRL
International
Singapore
Pte
Ltd.
......................................
4.38%
1/18/2027
3,591,240
5,000,000
Brazilian
Government
International
Bond
....................................
4.50%
5/30/2029
4,971,000
7,057,160
Chile
Electricity
Lux
Mpc
Sarl
............................................
6.01%
1/20/2033
7,284,330
3,050,000
Chile
Government
International
Bond
......................................
2.45%
1/31/2031
2,769,019
4,800,000
Chile
Government
International
Bond
......................................
4.35%
4/13/2031
4,723,200
679,000
Comision
Federal
de
Electricidad
.........................................
4.69%
5/15/2029
667,553
600,000
Comision
Federal
de
Electricidad
.........................................
5.70%
1/24/2030
601,662
4,200,000
Comision
Federal
de
Electricidad
(a)
........................................
5.70%
1/24/2030
4,211,634
4,430,000
Corp.
Nacional
del
Cobre
de
Chile
........................................
3.00%
9/30/2029
4,176,242
2,750,000
Costa
Rica
Government
International
Bond
..................................
6.13%
2/19/2031
2,844,655
1,800,000
Dominican
Republic
International
Bond
.....................................
5.95%
1/25/2027
1,813,230
7,300,000
Dominican
Republic
International
Bond
.....................................
5.50%
2/22/2029
7,319,345
3,500,000
Ecopetrol
SA
.......................................................
4.63%
11/2/2031
3,213,101
4,300,000
Fondo
MIVIVIENDA
SA
(a)
...............................................
5.40%
3/31/2031
4,337,625
4,700,000
Guatemala
Government
Bond
...........................................
5.25%
8/10/2029
4,711,703
5,600,000
Hungary
Government
International
Bond
....................................
2.13%
9/22/2031
4,867,176
2,600,000
Korea
National
Oil
Corp.
...............................................
4.00%
9/29/2028
2,561,065
4,990,410
Lima
Metro
Line
2
Finance
Ltd.
...........................................
5.88%
7/5/2034
5,103,034
4,046,065
Lima
Metro
Line
2
Finance
Ltd.
...........................................
4.35%
4/5/2036
3,852,529
2,800,000
Mexico
City
Airport
Trust
...............................................
3.88%
4/30/2028
2,732,591
3,000,000
Mexico
Government
International
Bond
.....................................
5.00%
5/7/2029
3,007,650
7,250,000
MISC
Capital
Two
Labuan
Ltd.
...........................................
3.75%
4/6/2027
7,195,831
5,700,000
Morocco
Government
International
Bond
....................................
2.38%
12/15/2027
5,504,053
3,200,000
OCP
SA
...........................................................
6.10%
4/30/2030
3,271,295
6,100,000
Oleoducto
Central
SA
.................................................
4.00%
7/14/2027
6,025,047
2,000,000
Paraguay
Government
International
Bond
...................................
4.95%
4/28/2031
2,007,780
7,500,000
Pertamina
Persero
PT
.................................................
3.65%
7/30/2029
7,220,535
7,250,000
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara
....................
4.13%
5/15/2027
7,209,975
9,050,000
Peruvian
Government
International
Bond
....................................
2.84%
6/20/2030
8,507,000
4,500,000
Petrobras
Global
Finance
BV
............................................
5.13%
9/10/2030
4,426,720
4,700,000
TNB
Global
Ventures
Capital
Bhd
.........................................
3.24%
10/19/2026
4,685,201
Total
Foreign
Government
Bonds,
Foreign
Agencies
and
Foreign
Government
Sponsored
Corporations
(Cost
$149,681,115)
150,347,881
NON-AGENCY
COMMERCIAL
MORTGAGE
BACKED
OBLIGATIONS
-
15.4%
1211
Avenue
of
the
Americas
Trust
8,310,000
Series
2015-1211-A1A2
(a)
...............................................
3.90%
8/10/2035
8,067,452
280
Park
Avenue
Mortgage
Trust
9,530,000
Series
2017-280P-A
(1
mo.
Term
SOFR
+
1.18%,
1.13%
Floor)
(a)
...................
4.79%
9/15/2034
9,518,960
Acore
Issuer
LLC
12,700,000
Series
2026-FL1-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
8/20/2043
12,715,824
ACREC
Trust
9,630,000
Series
2025-FL3-A
(1
mo.
Term
SOFR
+
1.31%,
1.31%
Floor)
(a)
....................
4.95%
8/18/2042
9,641,999
11,030,000
Series
2026-FL4-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
1/18/2043
11,043,743
ACRES
Commercial
Realty
Ltd.
10,650,485
Series
2025-FL3-A
(1
mo.
Term
SOFR
+
1.62%,
1.62%
Floor)
(a)
....................
5.26%
8/18/2040
10,676,014
ALA
Trust
4,675,000
Series
2025-OANA-A
(1
mo.
Term
SOFR
+
1.74%,
1.74%
Floor)
(a)
..................
5.37%
6/15/2040
4,702,180
Arbor
Realty
Trust,
Inc.
14,340,000
Series
2021-MF2-A2
(a)
.................................................
2.02%
6/15/2054
14,313,385
11,769
Series
2021-MF3-A1
(a)
.................................................
1.07%
10/15/2054
11,732
4,394,222
Series
2022-FL1-A
(30
day
avg
SOFR
US
+
1.45%,
1.45%
Floor)
(a)
.................
5.04%
1/15/2037
4,399,820
13,000,000
Series
2025-FL1-A
(1
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
....................
4.99%
1/20/2043
13,017,251
7,505,000
Series
2026-FL1-A
(1
mo.
Term
SOFR
+
1.50%,
1.50%
Floor)
(a)
....................
5.14%
9/20/2043
7,529,121
ARDN
Mortgage
Trust
7,260,000
Series
2025-ARCP-A
(1
mo.
Term
SOFR
+
1.75%,
1.75%
Floor)
(a)
..................
5.38%
6/15/2035
7,273,373
AREIT
Trust
3,572,078
Series
2022-CRE6-A
(30
day
avg
SOFR
US
+
1.25%,
1.25%
Floor)
(a)
................
4.86%
1/20/2037
3,576,943
14,630,000
Series
2025-CRE10-A
(1
mo.
Term
SOFR
+
1.39%,
1.39%
Floor)
(a)
..................
5.02%
12/17/2029
14,650,892
11,060,000
Series
2025-CRE11-A
(1
mo.
Term
SOFR
+
1.55%,
1.55%
Floor)
(a)
..................
5.19%
7/25/2043
11,090,448
ARES
Commercial
Mortgage
Trust
4,560,000
Series
2024-IND2-A
(1
mo.
Term
SOFR
+
1.44%,
1.44%
Floor)
(a)
...................
5.07%
10/15/2034
4,578,846
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
8
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
7,530,000
Series
2024-IND-A
(1
mo.
Term
SOFR
+
1.69%,
1.69%
Floor)
(a)
....................
5.32%
7/15/2041
7,552,606
7,410,000
Series
2026-GCP-A
(1
mo.
Term
SOFR
+
1.25%,
1.25%
Floor)
(a)
...................
4.88%
2/15/2043
7,419,520
Banc
of
America
Merrill
Lynch
Commercial
Mortgage,
Inc.
5,083,708
Series
2017-BNK3-A3
.................................................
3.31%
2/15/2050
5,057,261
BANK
61,570,798
Series
2017-BNK5-XA
(b)(f)
...............................................
1.07%
6/15/2060
368,015
72,738,074
Series
2017-BNK6-XA
(b)(f)
...............................................
0.89%
7/15/2060
334,115
20,645,022
Series
2019-BN20-XA
(b)(f)
...............................................
0.92%
9/15/2062
448,084
2,126,522
Series
2019-BN24-ASB
................................................
2.93%
11/15/2062
2,076,381
182,037,203
Series
2020-BN26-XA
(b)(f)
...............................................
1.30%
3/15/2063
5,697,273
3,020,951
Series
2021-BN34-ASB
................................................
2.19%
6/15/2063
2,843,467
BANK5
Trust
2,000,664
Series
2023-5YR2-A1
.................................................
6.20%
7/15/2056
2,020,638
11,721,000
Series
2023-5YR2-A3
(b)
................................................
6.66%
7/15/2056
12,061,279
5,222,247
Series
2023-5YR4-A3
.................................................
6.50%
12/15/2056
5,376,968
7,760,399
Series
2024-5YR5-A3
.................................................
5.70%
2/15/2029
7,895,779
9,441,411
Series
2024-5YR6-A3
.................................................
6.23%
5/15/2057
9,733,893
2,121,109
Series
2024-5YR8-A1
.................................................
5.19%
8/15/2057
2,133,449
5,000,000
Series
2024-5YR8-A3
.................................................
5.88%
8/15/2057
5,139,588
2,339,635
Series
2025-5YR14-A1
................................................
4.82%
4/15/2058
2,333,694
61,757,623
Series
2025-5YR19-XA
(b)(f)
..............................................
1.34%
12/15/2058
2,737,036
Barclays
Commercial
Mortgage
Trust
68,990,874
Series
2017-C1-XA
(b)(f)
.................................................
1.60%
2/15/2050
138,065
110,862,307
Series
2020-C6-XA
(b)(f)
.................................................
1.13%
2/15/2053
3,223,832
59,000,000
Series
2020-C6-XB
(b)(f)
.................................................
0.76%
2/15/2053
1,331,134
1,000,000
Series
2021-C10-ASB
.................................................
2.27%
7/15/2054
945,336
1,963,000
Series
2023-5C23-A3
(b)
................................................
6.68%
12/15/2056
2,033,236
2,984,000
Series
2024-5C27-A3
.................................................
6.01%
7/15/2057
3,067,860
459,787
Series
2024-5C31-A1
.................................................
4.88%
12/15/2057
459,788
2,030,658
Series
2025-5C33-A1
.................................................
4.97%
3/15/2058
2,036,622
BDS
Ltd.
13,266,274
Series
2024-FL13-A
(1
mo.
Term
SOFR
+
1.58%,
1.58%
Floor)
(a)
...................
5.22%
9/19/2039
13,289,344
13,400,000
Series
2025-FL15-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
...................
5.04%
3/19/2043
13,403,524
10,030,000
Series
2025-FL16-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
...................
5.04%
6/19/2043
10,044,764
15,640,000
Series
2026-FL17-A
(1
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
...................
4.99%
5/19/2043
15,683,151
Benchmark
Mortgage
Trust
515,857
Series
2018-B1-ASB
(b)
.................................................
3.60%
1/15/2051
512,028
73,754,324
Series
2018-B1-XA
(b)(f)
.................................................
0.64%
1/15/2051
509,583
8,474,037
Series
2019-B14-A2
..................................................
2.91%
12/15/2062
8,256,724
167,583,020
Series
2020-B16-XA
(b)(f)
................................................
0.91%
2/15/2053
4,101,377
35,720,000
Series
2020-IG1-XB
(b)(f)
................................................
0.23%
9/15/2043
169,349
3,838,587
Series
2021-B24-ASB
.................................................
2.26%
3/15/2054
3,642,636
37,149
Series
2022-B32-A1
..................................................
1.81%
1/15/2055
36,928
818,589
Series
2023-B39-A1
..................................................
6.04%
7/15/2056
823,155
10,954,000
Series
2023-V3-A3
(b)
..................................................
6.36%
7/15/2056
11,229,677
3,581,000
Series
2023-V4-A3
(b)
..................................................
6.84%
11/15/2056
3,706,828
13,806,000
Series
2024-V5-A3
...................................................
5.81%
1/10/2057
14,091,494
735,721
Series
2024-V8-A1
...................................................
5.51%
7/15/2057
742,275
1,408,604
Series
2025-V18-A1
..................................................
4.29%
10/15/2058
1,397,023
38,247,000
Series
2025-V19-XA
(b)(f)
................................................
1.31%
1/15/2058
1,658,310
5,188,278
Series
2026-B43-A1
..................................................
4.65%
4/15/2063
5,165,692
Blackstone
Mortgage
Trust,
Inc.
4,470,919
Series
2021-FL4-A
(1
mo.
Term
SOFR
+
1.41%,
1.30%
Floor)
(a)
....................
5.05%
5/15/2038
4,474,250
14,880,000
Series
2026-FL6-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
8/19/2043
14,902,662
BLP
Commercial
Mortgage
Trust
2,697,806
Series
2024-IND2-A
(1
mo.
Term
SOFR
+
1.34%,
1.34%
Floor)
(a)
...................
4.97%
3/15/2041
2,703,302
BMO
Mortgage
Trust
646,484
Series
2023-C4-A1
...................................................
5.29%
2/15/2056
646,938
634,013
Series
2024-5C4-A1
..................................................
6.02%
5/15/2057
643,043
634,876
Series
2024-5C6-A1
..................................................
4.59%
9/15/2057
633,595
4,486,000
Series
2024-5C6-A2
..................................................
4.87%
9/15/2057
4,482,113
2,461,795
Series
2025-C11-A1
..................................................
4.97%
2/15/2058
2,469,200
BMP
Commercial
Mortgage
Trust
1,300,000
Series
2024-MF23-A
(1
mo.
Term
SOFR
+
1.37%,
1.37%
Floor)
(a)
...................
5.00%
6/15/2041
1,302,036
BrightSpire
Capital,
Inc.
11,380,000
Series
2024-FL2-A
(1
mo.
Term
SOFR
+
1.95%,
1.95%
Floor)
(a)
....................
5.58%
8/19/2037
11,404,000
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
9
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
14,790,000
Series
2026-FL3-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
8/19/2043
14,823,396
BSPDF
Issuer
Ltd.
9,040,000
Series
2026-FL3-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
9/18/2043
9,063,287
BSPRT
Co-Issuer
LLC
3,032,804
Series
2023-FL10-A
(1
mo.
Term
SOFR
+
2.26%,
2.26%
Floor)
(a)
...................
5.88%
9/15/2035
3,037,727
5,000,000
Series
2023-FL10-AS
(1
mo.
Term
SOFR
+
2.86%,
2.86%
Floor)
(a)
..................
6.48%
9/15/2035
5,009,285
12,700,000
Series
2026-FL13-A
(1
mo.
Term
SOFR
+
1.50%,
1.50%
Floor)
(a)
...................
5.14%
10/18/2043
12,730,010
BX
Trust
763,253
Series
2021-21M-A
(1
mo.
Term
SOFR
+
0.84%,
0.73%
Floor)
(a)
....................
4.47%
10/15/2036
763,301
1,486,067
Series
2021-ACNT-A
(1
mo.
Term
SOFR
+
0.96%,
0.85%
Floor)
(a)
..................
4.59%
11/15/2038
1,486,202
431,274
Series
2021-ACNT-B
(1
mo.
Term
SOFR
+
1.36%,
1.25%
Floor)
(a)
..................
4.99%
11/15/2038
431,328
8,519,505
Series
2021-BXMF-A
(1
mo.
Term
SOFR
+
0.75%,
0.64%
Floor)
(a)
..................
4.38%
10/15/2026
8,517,387
1,134,000
Series
2021-LBA-BV
(1
mo.
Term
SOFR
+
1.41%,
1.05%
Floor)
(a)
...................
5.04%
2/15/2036
1,133,993
6,517,000
Series
2021-LGCY-B
(1
mo.
Term
SOFR
+
0.97%,
0.86%
Floor)
(a)
..................
4.59%
10/15/2036
6,515,469
2,065,000
Series
2021-PAC-A
(1
mo.
Term
SOFR
+
0.80%,
0.69%
Floor)
(a)
....................
4.43%
10/15/2036
2,064,908
5,901,000
Series
2022-AHP-AS
(1
mo.
Term
SOFR
+
1.49%,
1.49%
Floor)
(a)
..................
5.12%
1/17/2039
5,904,224
6,659,000
Series
2022-LBA6-A
(1
mo.
Term
SOFR
+
1.00%,
1.00%
Floor)
(a)
...................
4.63%
1/15/2039
6,660,932
9,236,225
Series
2024-AIRC-A
(1
mo.
Term
SOFR
+
1.69%,
1.69%
Floor)
(a)
...................
5.32%
8/15/2041
9,281,158
2,213,636
Series
2024-MF-A
(1
mo.
Term
SOFR
+
1.44%,
1.44%
Floor)
(a)
....................
5.07%
2/15/2039
2,219,626
4,391,308
Series
2025-BCAT-A
(1
mo.
Term
SOFR
+
1.38%,
1.38%
Floor)
(a)
...................
5.01%
8/15/2042
4,406,289
865,631
Series
2025-ROIC-A
(1
mo.
Term
SOFR
+
1.14%,
1.14%
Floor)
(a)
...................
4.77%
3/15/2030
864,880
9,755,221
Series
2025-ROIC-C
(1
mo.
Term
SOFR
+
1.54%,
1.54%
Floor)
(a)
...................
5.17%
3/15/2030
9,743,963
7,620,000
Series
2026-ALOHA-A
(1
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
.................
4.98%
4/15/2043
7,635,522
8,201,958
Series
2026-CIP-A
(1
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
....................
4.83%
5/15/2038
8,232,554
7,380,000
Series
2026-CSMO-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
..................
5.03%
2/15/2043
7,406,302
7,360,000
Series
2026-ORBT-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
..................
5.03%
7/15/2043
7,369,200
7,242,573
Series
2026-XL6-A
(1
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
....................
4.83%
3/15/2043
7,251,605
BXP
Trust
7,375,000
Series
2017-GM-A
(a)
..................................................
3.38%
6/13/2039
7,269,784
Cantor
Commercial
Real
Estate
Lending
LP
4,030,047
Series
2019-CF1-A2
..................................................
3.62%
5/15/2052
3,974,468
CFCRE
Commercial
Mortgage
Trust
42,452,000
Series
2017-C8-XB
(b)(f)
.................................................
1.03%
6/15/2050
237,557
CFK
Trust
116,365,000
Series
2020-MF2-X
(a)(b)(f)
................................................
0.89%
3/15/2039
248,172
Citigroup
Commercial
Mortgage
Trust
919,600
Series
2016-C2-A4
...................................................
2.83%
8/10/2049
919,657
4,710,635
Series
2016-GC36-XA
(b)(f)
...............................................
1.11%
2/10/2049
115
2,920,706
Series
2016-P3-XA
(b)(f)
.................................................
1.45%
4/15/2049
112
11,153,752
Series
2017-P7-A3
...................................................
3.44%
4/14/2050
11,083,973
3,974,387
Series
2018-B2-AAB
..................................................
3.96%
3/10/2051
3,956,614
2,416,156
Series
2019-C7-AAB
..................................................
3.04%
12/15/2072
2,350,933
1,290,843
Series
2020-GC46-A2
.................................................
2.71%
2/15/2053
1,223,551
3,988,868
Series
2023-PRM3-A
(a)(b)
...............................................
6.57%
7/10/2028
4,077,464
2,290,000
Series
2023-SMRT-A
(a)(b)
...............................................
6.01%
6/12/2040
2,324,184
850,000
Series
2023-SMRT-B
(a)(b)
...............................................
6.05%
6/12/2040
858,216
Citigroup/Deutsche
Bank
Commercial
Mortgage
Trust
337,095
Series
2016-C3-A5
...................................................
2.89%
8/10/2049
336,441
18,020,271
Series
2017-CD4-XA
(b)(f)
................................................
1.36%
5/10/2050
77,411
1,290,691
Series
2020-C9-ASB
..................................................
1.88%
8/15/2053
1,223,750
Commercial
Mortgage
Pass
Through
Certificates
4,131,610
Series
2013-CR12-XA
(b)(f)
...............................................
0.38%
10/10/2046
68
15,314
Series
2016-COR1-A3
.................................................
2.83%
10/10/2049
15,284
500,000
Series
2016-COR1-A4
.................................................
3.09%
10/10/2049
497,713
8,000,000
Series
2018-HCLV-A
(1
mo.
Term
SOFR
+
1.30%,
1.00%
Floor)
(a)
...................
4.92%
9/15/2033
7,585,470
891,000
Series
2024-277P-A
(a)
.................................................
6.34%
8/10/2044
922,734
Commercial
Mortgage
Trust
19,711
Series
2021-PF1-A1
..................................................
1.12%
11/15/2054
19,595
CSAIL
Commercial
Mortgage
Trust
84,414,110
Series
2017-C8-XA
(b)(f)
.................................................
1.19%
6/15/2050
376,335
2,913,343
Series
2017-CX9-A4
..................................................
3.18%
9/15/2050
2,887,583
9,642,295
Series
2017-CX9-XA
(b)(f)
................................................
0.71%
9/15/2050
23,397
D2
Multifamily
Credit
2026-FL1
13,640,000
Series
2026-FL1-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
11/19/2043
13,668,849
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
10
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
DBGS
Mortgage
Trust
4,060,000
Series
2021-W52-A
(1
mo.
Term
SOFR
+
1.66%,
1.40%
Floor)
(a)
...................
5.29%
10/15/2039
4,063,317
Del
Amo
Fashion
Center
Trust
6,850,000
Series
2017-AMO-A
(a)(b)
................................................
3.76%
6/5/2035
6,686,586
Dwight
2025-FL1
Issuer
LLC
6,220,000
Series
2026-FL2-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
....................
5.00%
1/18/2044
6,227,775
EQUS
Mortgage
Trust
10,561,647
Series
2021-EQAZ-A
(1
mo.
Term
SOFR
+
1.02%,
0.76%
Floor)
(a)
..................
4.65%
10/15/2038
10,561,769
Extended
Stay
America
Trust
6,961,318
Series
2026-ESH2-A
(1
mo.
Term
SOFR
+
1.20%,
1.20%
Floor)
(a)
...................
4.83%
2/15/2043
6,978,413
FS
Commercial
Mortgage
Trust
5,500,000
Series
2026-PALM-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
...................
5.05%
7/15/2041
5,500,000
FS
Rialto
3,171,076
Series
2021-FL2-A
(1
mo.
Term
SOFR
+
1.58%,
1.58%
Floor)
(a)
....................
5.22%
5/16/2038
3,175,255
7,205,646
Series
2021-FL3-A
(1
mo.
Term
SOFR
+
1.36%,
1.36%
Floor)
(a)
....................
5.00%
11/16/2036
7,223,667
13,390,000
Series
2025-FL10-A
(1
mo.
Term
SOFR
+
1.39%,
1.39%
Floor)
(a)
...................
5.02%
8/19/2042
13,424,560
14,140,000
Series
2026-FL11-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
...................
5.09%
1/19/2044
14,166,795
Granite
Point
Mortgage
Trust,
Inc.
501,096
Series
2021-FL3-AS
(1
mo.
Term
SOFR
+
1.96%,
1.71%
Floor)
(a)
...................
5.60%
7/16/2035
501,959
8,657,280
Series
2021-FL4-A
(1
mo.
Term
SOFR
+
1.46%,
1.35%
Floor)
(a)
....................
5.11%
12/15/2036
8,688,273
Great
Wolf
Trust
4,500,000
Series
2024-WLF2-A
(1
mo.
Term
SOFR
+
1.69%)
(a)
............................
5.32%
5/15/2041
4,516,280
8,950,000
Series
2024-WOLF-A
(1
mo.
Term
SOFR
+
1.54%,
1.54%
Floor)
(a)
..................
5.17%
3/15/2039
8,977,869
GS
Mortgage
Securities
Corp.
II
4,695,195
Series
2017-GS5-A3
..................................................
3.41%
3/10/2050
4,669,481
91,983,642
Series
2017-GS6-XA
(b)(f)
................................................
1.14%
5/10/2050
532,512
118,330,941
Series
2017-GS7-XA
(b)(f)
................................................
1.17%
8/10/2050
766,749
131,065,074
Series
2017-GS8-XA
(b)(f)
................................................
1.07%
11/10/2050
933,563
2,615,000
Series
2018-TWR-A
(1
mo.
Term
SOFR
+
1.20%,
0.90%
Floor)
(a)
...................
4.82%
7/15/2031
2,404,794
49,949,714
Series
2019-GC42-XA
(b)(f)
...............................................
0.94%
9/10/2052
1,069,903
6,936,505
Series
2020-GC45-AAB
................................................
2.84%
2/13/2053
6,733,430
3,641,000
Series
2024-70P-A
(a)(b)
.................................................
5.49%
3/10/2041
3,636,596
GS
REFT
2026-FL1
Issuer
Ltd.
4,549,000
Series
2026-FL1-A
(1
mo.
Term
SOFR
+
1.50%,
1.50%
Floor)
(a)
....................
5.14%
10/19/2043
4,566,577
Hilton
USA
Trust
6,758,000
Series
2016-HHV-A
(a)
.................................................
3.72%
11/5/2038
6,735,210
INCREF
LLC
13,858,000
Series
2025-FL1-A
(1
mo.
Term
SOFR
+
1.73%,
1.73%
Floor)
(a)
....................
5.37%
10/19/2042
13,908,568
16,330,000
Series
2026-FL2-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.12%
12/19/2043
16,350,331
6,670,000
Series
2026-FL3-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
....................
5.05%
1/19/2044
6,693,425
JP
Morgan
Chase
Commercial
Mortgage
Securities
45,032,144
Series
2016-JP4-XA
(b)(f)
................................................
0.78%
12/15/2049
11,843
1,024,533
Series
2019-COR5-A3
.................................................
3.12%
6/13/2052
978,719
1,898,685
Series
2019-COR5-ASB
...............................................
3.22%
6/13/2052
1,864,589
21,020,407
Series
2019-COR5-XA
(b)(f)
..............................................
1.57%
6/13/2052
663,801
JPMBB
Commercial
Mortgage
Securities
Trust
112,943
Series
2015-C27-A4
..................................................
3.18%
2/15/2048
111,849
17,022,635
Series
2015-C32-XA
(b)(f)
................................................
1.13%
11/15/2048
436
KKR
Industrial
Portfolio
Trust
4,550,000
Series
2024-1-A
(1
mo.
Term
SOFR
+
1.89%,
1.89%
Floor)
(a)
......................
5.52%
8/15/2041
4,558,864
KRE
Commercial
Mortgage
Trust
2,695,672
Series
2025-AIP4-A
(1
mo.
Term
SOFR
+
1.30%,
1.30%
Floor)
(a)
...................
4.93%
3/15/2042
2,695,312
KREF
3,335,824
Series
2021-FL2-AS
(1
mo.
Term
SOFR
+
1.41%,
1.30%
Floor)
(a)
...................
5.05%
2/15/2039
3,343,543
11,380,000
Series
2021-FL2-B
(1
mo.
Term
SOFR
+
1.76%,
1.65%
Floor)
(a)
....................
5.40%
2/15/2039
11,401,338
2,031,424
Series
2022-FL3-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
2/17/2039
2,034,010
Ladder
Capital
Commercial
Mortgage
Securities
LLC
714,153
Series
2017-LC26-A3
(a)
................................................
3.29%
7/12/2050
708,289
LEX
Mortgage
Trust
2,760,000
Series
2024-BBG-A
(a)(b)
................................................
5.04%
10/13/2033
2,752,289
LEX
Trust/United
States
4,950,000
Series
2026-450-A
(1
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
....................
4.98%
3/15/2043
4,964,472
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
11
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
LoanCore
225,222
Series
2021-CRE6-A
(1
mo.
Term
SOFR
+
1.41%,
1.30%
Floor)
(a)
..................
5.04%
11/15/2038
225,871
14,630,000
Series
2025-CRE8-A
(1
mo.
Term
SOFR
+
1.39%,
1.39%
Floor)
(a)
..................
5.02%
8/17/2042
14,649,926
14,000,000
Series
2025-CRE9-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
..................
5.09%
8/18/2042
14,036,288
LSTAR
Commercial
Mortgage
Trust
34,763,306
Series
2017-5-X
(a)(b)(f)
..................................................
0.97%
3/10/2050
102,635
Lument
Finance
Trust,
Inc.
14,690,000
Series
2025-FL3-A
(1
mo.
Term
SOFR
+
1.55%,
1.55%
Floor)
(a)
....................
5.19%
7/21/2043
14,745,161
Merit
400,000
Series
2021-STOR-A
(1
mo.
Term
SOFR
+
0.81%,
0.70%
Floor)
(a)
..................
4.44%
7/15/2038
399,841
2,440,000
Series
2022-MHIL-C
(1
mo.
Term
SOFR
+
1.26%,
1.26%
Floor)
(a)
...................
4.89%
1/15/2039
2,440,389
MF1
Multifamily
Housing
Mortgage
Loan
Trust
639,876
Series
2021-FL7-A
(1
mo.
Term
SOFR
+
1.19%,
1.08%
Floor)
(a)
....................
4.83%
10/16/2036
640,653
22,223,000
Series
2021-FL7-AS
(1
mo.
Term
SOFR
+
1.56%,
1.45%
Floor)
(a)
...................
5.20%
10/16/2036
22,265,179
8,554,418
Series
2022-FL8-A
(1
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
....................
4.99%
2/19/2037
8,565,085
6,773,076
Series
2022-FL9-A
(1
mo.
Term
SOFR
+
2.15%,
2.15%
Floor)
(a)
....................
5.79%
6/19/2037
6,783,134
8,290,000
Series
2024-FL15-A
(1
mo.
Term
SOFR
+
1.69%,
1.69%
Floor)
(a)
...................
5.33%
8/18/2041
8,311,297
9,928,000
Series
2025-FL17-A
(1
mo.
Term
SOFR
+
1.32%,
1.32%
Floor)
(a)
...................
4.96%
2/18/2040
9,954,309
14,850,000
Series
2026-FL21-A
(1
mo.
Term
SOFR
+
1.35%,
1.35%
Floor)
(a)
...................
4.99%
2/18/2041
14,873,344
13,250,000
Series
2026-FL22-A
(1
mo.
Term
SOFR
+
1.40%,
1.40%
Floor)
(a)
...................
5.04%
11/18/2043
13,277,587
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
204,503
Series
2025-C35-A1
..................................................
4.61%
8/15/2058
203,761
Morgan
Stanley
Capital
I,
Inc.
31,390
Series
2006-HQ10-X1
(a)(b)(f)
..............................................
0.93%
11/12/2041
1
49,743,452
Series
2017-H1-XA
(b)(f)
.................................................
1.40%
6/15/2050
355,895
742,365
Series
2017-HR2-A3
..................................................
3.33%
12/15/2050
727,518
7,895,000
Series
2019-PLND-D
(1
mo.
Term
SOFR
+
1.86%,
1.75%
Floor)
(a)
..................
5.49%
5/15/2036
289,975
3,352,862
Series
2020-HR8-ASB
.................................................
1.93%
7/15/2053
3,150,004
9,620,680
Series
2021-L6-A2
(b)
..................................................
2.13%
6/15/2054
9,569,215
5,856,769
Series
2024-NSTB-A
(a)(b)
...............................................
3.90%
9/24/2057
5,746,109
NXPT
Commercial
Mortgage
Trust
1,100,000
Series
2024-STOR-A
(a)(b)
...............................................
4.46%
11/5/2041
1,076,845
NYC
Commercial
Mortgage
Trust
7,430,000
Series
2026-1PARK-A
(1
mo.
Term
SOFR
+
1.25%,
1.25%
Floor)
(a)
..................
4.88%
2/15/2043
7,434,954
NYO
Commercial
Mortgage
Trust
7,880,000
Series
2021-1290-A1
(1
mo.
Term
SOFR
+
1.21%,
1.10%
Floor)
(a)
..................
4.84%
11/15/2038
7,887,719
Park
Avenue
Trust
5,500,000
Series
2017-245P-A
(a)
.................................................
3.51%
6/5/2037
5,433,217
PFP
III
Ltd.
9,850,000
Series
2026-13-A
(1
mo.
Term
SOFR
+
1.50%,
1.50%
Floor)
(a)
.....................
5.14%
8/18/2043
9,869,739
PLYM
Commercial
Mortgage
Trust
4,870,000
Series
2026-IND-A
(1
mo.
Term
SOFR
+
1.25%,
1.25%
Floor)
(a)
....................
4.88%
3/15/2043
4,879,309
PRM
Trust
6,250,000
Series
2025-PRM6-A
(a)(b)
...............................................
4.63%
7/5/2033
6,184,253
SCG
Mortgage
Trust
8,230,000
Series
2025-SNIP-A
(1
mo.
Term
SOFR
+
1.50%,
1.50%
Floor)
(a)
...................
5.13%
9/15/2042
8,266,656
SCOTT
Trust
2,010,000
Series
2023-SFS-A
(a)
..................................................
5.91%
3/10/2040
2,034,995
2,750,000
Series
2023-SFS-AS
(a)
.................................................
6.20%
3/10/2040
2,779,147
SFO
Commercial
Mortgage
Trust
8,673,000
Series
2021-555-A
(1
mo.
Term
SOFR
+
1.51%,
1.15%
Floor)
(a)
....................
5.14%
5/15/2038
8,674,670
SMRT
5,000,000
Series
2022-MINI-A
(1
mo.
Term
SOFR
+
1.00%,
1.00%
Floor)
(a)
...................
4.63%
1/15/2039
4,999,142
SPGN
Mortgage
Trust
7,380,000
Series
2026-TFLM-A
(1
mo.
Term
SOFR
+
1.30%,
1.30%
Floor)
(a)
...................
4.93%
2/15/2041
7,392,823
SREIT
Trust
8,764,000
Series
2021-MFP2-B
(1
mo.
Term
SOFR
+
1.29%,
1.17%
Floor)
(a)
..................
4.91%
11/15/2036
8,762,373
2,285,000
Series
2021-PALM-A
(1
mo.
Term
SOFR
+
0.70%,
0.59%
Floor)
(a)
...................
4.33%
10/15/2034
2,285,544
Starwood
Property
Trust,
Inc.
1,522,793
Series
2021-FL2-AS
(1
mo.
Term
SOFR
+
1.56%,
1.45%
Floor)
(a)
...................
5.20%
4/18/2038
1,525,190
TPG
Real
Estate
Finance
Issuer
Ltd.
10,080,000
Series
2025-FL6-A
(1
mo.
Term
SOFR
+
1.54%,
1.54%
Floor)
(a)
....................
5.17%
9/18/2042
10,116,842
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
12
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
12,710,000
Series
2025-FL7-A
(1
mo.
Term
SOFR
+
1.45%,
1.45%
Floor)
(a)
....................
5.09%
6/18/2043
12,728,557
TYSN
Mortgage
Trust
6,110,000
Series
2023-CRNR-A
(a)(b)
...............................................
6.80%
12/10/2033
6,305,004
UBS
Commercial
Mortgage
Trust
42,994,024
Series
2017-C1-XA
(b)(f)
.................................................
1.61%
6/15/2050
241,141
111,249
Series
2017-C2-A3
...................................................
3.23%
8/15/2050
109,924
10,916
Series
2017-C2-ASB
..................................................
3.26%
8/15/2050
10,885
78,357,628
Series
2017-C3-XA
(b)(f)
.................................................
1.21%
8/15/2050
535,112
735,094
Series
2018-C11-ASB
.................................................
4.12%
6/15/2051
731,155
294,424
Series
2018-C13-A3
..................................................
4.07%
10/15/2051
291,402
91,123,715
Series
2018-C8-XA
(b)(f)
.................................................
0.96%
2/15/2051
933,918
VEGAS
Trust
3,692,000
Series
2024-TI-A
(a)
...................................................
5.52%
11/10/2039
3,689,070
VMC
Finance
LLC
16,430,000
Series
2026-FL6-A
(1
mo.
Term
SOFR
+
1.60%,
1.60%
Floor)
(a)
....................
5.24%
11/19/2043
16,455,614
Wells
Fargo
Commercial
Mortgage
Trust
4,899,004
Series
2019-C50-A4
..................................................
3.47%
5/15/2052
4,756,978
151,718,592
Series
2019-C51-XA
(b)(f)
................................................
1.41%
6/15/2052
4,613,504
3,880,596
Series
2020-C57-ASB
.................................................
1.91%
8/15/2053
3,710,599
282,684
Series
2021-C60-A2
..................................................
2.04%
8/15/2054
282,117
1,198,067
Series
2024-5C1-A1
..................................................
5.23%
7/15/2057
1,203,845
659,000
Series
2024-5C1-A3
..................................................
5.93%
7/15/2057
675,981
2,036,097
Series
2024-5C2-A1
..................................................
5.05%
11/15/2057
2,035,134
643,152
Series
2024-C63-A1
..................................................
4.89%
8/15/2057
643,987
2,372,613
Series
2025-5C3-A1
..................................................
5.19%
1/15/2058
2,380,444
82,480
Series
2025-5C5-A1
..................................................
4.72%
7/15/2058
82,343
1,000,000
Series
2025-AGLN-A
(1
mo.
Term
SOFR
+
1.64%,
1.64%
Floor)
(a)
..................
5.27%
7/15/2037
1,002,084
6,071,449
Series
2026-C66-A1
..................................................
4.89%
4/15/2059
6,069,640
Willowbrook
Mall
2,020,000
Series
2025-WBRK-A
(a)(b)
...............................................
5.87%
3/5/2035
2,063,766
Total
Non-Agency
Commercial
Mortgage
Backed
Obligations
(Cost
$1,254,165,294)
1,130,361,691
NON-AGENCY
RESIDENTIAL
COLLATERALIZED
MORTGAGE
OBLIGATIONS
-
16.5%
ACRA
Trust
20,750,000
Series
2026-NQM1-A1
(a)(b)
..............................................
5.57%
6/25/2066
20,791,749
Angel
Oak
Mortgage
Trust
LLC
11,210,215
Series
2021-7-A1
(a)(b)
..................................................
1.98%
10/25/2066
9,689,501
8,372,319
Series
2025-10-A3
(a)(g)
.................................................
5.37%
9/25/2070
8,305,799
3,399,583
Series
2025-7-A1
(a)(g)
..................................................
5.51%
6/25/2070
3,402,914
Arroyo
Mortgage
Trust
2,532,323
Series
2019-3-A2
(a)(b)
..................................................
3.21%
10/25/2048
2,446,288
1,368,592
Series
2019-3-A3
(a)(b)
..................................................
3.42%
10/25/2048
1,322,970
Aspire
Mortgage
Trust
4,103,618
Series
2026-1-A3
(a)(g)
..................................................
5.21%
1/25/2066
4,093,978
20,648,164
Series
2026-2-A1
(a)(b)
..................................................
5.33%
4/26/2066
20,584,766
Banc
of
America
Mortgage
Securities,
Inc.
185,933
Series
2005-E-2A1
(b)
..................................................
4.78%
6/25/2035
166,557
Barclays
Mortgage
Loan
Trust
983,596
Series
2025-NQM3-A1
(a)(b)
..............................................
5.64%
5/25/2065
984,762
7,093,748
Series
2025-NQM3-A3
(a)(g)
..............................................
5.95%
5/25/2065
7,094,289
BCAP
LLC
Trust
391,120
Series
2011-RR1-8A3
(a)(b)(h)
..............................................
4.26%
8/28/2021
267,462
Bear
Stearns
Asset
Backed
Securities
Trust
152,489
Series
2004-AC2-2A
..................................................
5.00%
5/25/2034
126,095
BRAVO
Residential
Funding
Trust
840,638
Series
2020-RPL1-A1
(a)(b)
...............................................
2.50%
5/26/2059
833,981
5,201,053
Series
2022-RPL1-A1
(a)(b)
...............................................
2.75%
9/25/2061
4,735,926
28,717,551
Series
2026-NQM4-A1
(a)(b)
..............................................
5.18%
3/25/2066
28,567,565
Carrington
Mortgage
Loan
Trust
1,100,733
Series
2006-NC3-A3
(1
mo.
Term
SOFR
+
0.41%,
0.30%
Floor,
12.50%
Cap)
..........
4.06%
8/25/2036
1,075,446
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
13
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
Chase
Funding
Mortgage
Loan
Asset-Backed
Certificates
607,381
Series
2004-2-1A5
(g)
..................................................
6.20%
2/26/2035
605,340
Citigroup
Mortgage
Loan
Trust,
Inc.
202,283
Series
2006-AR1-2A1
(1
yr.
CMT
Rate
+
2.40%,
2.40%
Floor,
9.87%
Cap)
............
6.05%
3/25/2036
201,556
879,738
Series
2020-EXP1-A1A
(a)(b)
..............................................
1.80%
5/25/2060
838,214
COLT
Funding
LLC
3,123,405
Series
2021-1R-A1
(a)(b)
.................................................
0.86%
5/25/2065
2,848,024
3,406,697
Series
2021-5-A1
(a)(b)
..................................................
1.73%
11/26/2066
3,088,276
10,250,862
Series
2021-RPL1-A1
(a)(b)
...............................................
1.67%
9/25/2061
9,448,651
1,599,229
Series
2023-2-A1
(a)(g)
..................................................
6.60%
7/25/2068
1,595,498
4,565,383
Series
2025-12-A3
(a)(g)
.................................................
5.39%
1/26/2071
4,529,971
1,735,841
Series
2026-3-A1
(a)(b)
..................................................
5.12%
5/25/2071
1,724,589
Countrywide
Home
Loan
Mortgage
Pass
Through
Trust
85,100
Series
2004-HYB9-1A1
(b)
...............................................
4.96%
2/20/2035
84,982
2,686,507
Series
2005-3-1A2
(1
mo.
Term
SOFR
+
0.69%,
0.58%
Floor)
.....................
4.34%
4/25/2035
2,600,549
Credit
Suisse
Mortgage
Capital
Certificates
1,098,932
Series
2021-NQM1-A2
(a)(b)
..............................................
0.99%
5/25/2065
980,651
1,831,554
Series
2021-NQM1-A3
(a)(b)
..............................................
1.20%
5/25/2065
1,638,952
5,694,648
Series
2021-NQM5-A3
(a)(b)
..............................................
1.35%
5/25/2066
4,846,364
3,741,475
Series
2021-RPL4-A1
(a)(b)
...............................................
4.15%
12/27/2060
3,732,053
13,818,287
Series
2022-NQM1-A1
(a)(b)
..............................................
3.27%
11/25/2066
12,557,200
2,249,712
Series
2022-NQM5-A1
(a)(b)
..............................................
5.17%
5/25/2067
2,244,576
6,646,836
Series
2022-RPL4-A1
(a)(b)
...............................................
3.90%
4/25/2062
6,332,190
Cross
Mortgage
Trust
1,848,048
Series
2024-H1-A1
(a)(g)
.................................................
6.09%
12/25/2068
1,852,423
8,640,095
Series
2024-H5-A1
(a)(g)
.................................................
5.85%
8/26/2069
8,674,627
5,177,536
Series
2025-H3-A1
(a)(b)
.................................................
5.88%
4/25/2070
5,206,965
Ellington
Financial
Mortgage
Trust
3,725,148
Series
2025-NQM6-A3
(a)(g)
..............................................
5.40%
12/25/2070
3,696,627
9,597,717
Series
2026-NQM1-A2
(a)(g)
..............................................
5.06%
2/25/2071
9,485,471
10,737,926
Series
2026-NQM1-A3
(a)(g)
..............................................
5.11%
2/25/2071
10,594,386
6,702,270
Series
2026-NQM3-A3
(a)(g)
..............................................
5.38%
3/25/2071
6,641,488
6,750,942
Series
2026-NQM4-A1
(a)(b)
..............................................
5.47%
4/25/2071
6,746,400
20,000,000
Series
2026-NQM7-A1
(a)(b)
..............................................
5.60%
7/25/2071
20,047,560
Fannie
Mae
Connecticut
Avenue
Securities
1,215,939
Series
2023-R08-1M1
(30
day
avg
SOFR
US
+
1.50%,
0.00%
Floor)
(a)
...............
5.13%
10/25/2043
1,216,841
3,325,687
Series
2024-R01-1M1
(30
day
avg
SOFR
US
+
1.05%,
0.00%
Floor)
(a)
...............
4.68%
1/25/2044
3,324,795
1,978,975
Series
2024-R02-1M1
(30
day
avg
SOFR
US
+
1.10%,
0.00%
Floor)
(a)
...............
4.73%
2/25/2044
1,979,158
5,793,678
Series
2024-R06-1A1
(30
day
avg
SOFR
US
+
1.15%,
0.00%
Floor)
(a)
...............
4.78%
9/25/2044
5,810,282
1,540,127
Series
2025-R04-1A1
(30
day
avg
SOFR
US
+
1.00%,
0.00%
Floor)
(a)
...............
4.63%
5/25/2045
1,542,578
First
Horizon
Asset
Securities,
Inc.
1,577,943
Series
2007-AR2-1A1
(b)
................................................
6.12%
8/25/2037
316,050
Freddie
Mac
Structured
Agency
Credit
Risk
Debt
Notes
240,197
Series
2022-DNA2-M1A
(30
day
avg
SOFR
US
+
1.30%,
0.00%
Floor)
(a)
..............
4.93%
2/25/2042
240,212
5,393,618
Series
2024-DNA1-M1
(30
day
avg
SOFR
US
+
1.35%,
0.00%
Floor)
(a)
...............
4.98%
2/25/2044
5,398,806
3,437,320
Series
2024-DNA2-M1
(30
day
avg
SOFR
US
+
1.20%,
0.00%
Floor)
(a)
...............
4.83%
5/25/2044
3,441,186
5,009,031
Series
2024-HQA2-M1
(30
day
avg
SOFR
US
+
1.20%,
0.00%
Floor)
(a)
...............
4.83%
8/25/2044
5,011,283
8,056,527
Series
2025-DNA1-M1
(30
day
avg
SOFR
US
+
1.05%,
0.00%
Floor)
(a)
...............
4.68%
1/25/2045
8,059,049
14,480,000
Series
2025-HQA1-A1
(30
day
avg
SOFR
US
+
0.95%,
0.00%
Floor)
(a)
...............
4.58%
2/25/2045
14,497,760
2,888,503
Series
2026-DNA2-M1
(30
day
avg
SOFR
US
+
1.20%,
0.00%
Floor)
(a)
...............
4.83%
3/25/2046
2,892,266
GCAT
7,528,207
Series
2025-NQM1-A1
(a)(g)
..............................................
5.37%
11/25/2069
7,514,353
GS
Mortgage-Backed
Securities
Trust
6,625,328
Series
2025-NQM3-A3
(a)(g)
..............................................
5.49%
11/25/2065
6,609,262
4,789,919
Series
2025-NQM4-A3
(a)(g)
..............................................
5.46%
10/25/2065
4,769,254
4,781,363
Series
2025-NQM5-A3
(a)(g)
..............................................
5.42%
7/25/2065
4,762,436
10,058,614
Series
2026-CES3-A1A
(a)(g)
..............................................
5.36%
9/25/2056
10,065,052
9,839,240
Series
2026-NQM2-A2
(a)(g)
..............................................
5.19%
11/25/2061
9,729,658
7,857,311
Series
2026-NQM2-A3
(a)(g)
..............................................
5.34%
11/25/2061
7,769,994
GSR
Mortgage
Loan
Trust
2,376,654
Series
2005-9F-2A2
..................................................
6.00%
1/25/2036
1,016,090
HOMES
Trust
13,369,879
Series
2025-NQM2-A1
(a)(g)
..............................................
5.43%
2/25/2070
13,363,903
7,739,918
Series
2025-NQM3-A1
(a)(b)
..............................................
5.63%
2/25/2070
7,761,588
2,695,338
Series
2026-NQM1-A3
(a)(g)
..............................................
5.16%
9/25/2070
2,662,034
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
14
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
JP
Morgan
Alternative
Loan
Trust
8,578
Series
2006-S4-A6
(g)
..................................................
6.21%
12/25/2036
9,995
JP
Morgan
Mortgage
Trust
3,195,919
Series
2024-NQM1-A1
(a)(g)
..............................................
5.59%
2/25/2064
3,194,965
5,311,209
Series
2025-NQM1-A1
(a)(g)
..............................................
5.59%
6/25/2065
5,309,614
6,800,389
Series
2025-NQM2-A1
(a)(b)
..............................................
5.57%
9/25/2065
6,806,838
7,103,445
Series
2025-NQM2-A2
(a)(g)
..............................................
5.77%
9/25/2065
7,103,047
9,516,092
Series
2025-NQM2-A3
(a)(g)
..............................................
5.92%
9/25/2065
9,521,677
14,493,933
Series
2025-NQM4-A3
(a)(g)
..............................................
5.26%
3/25/2066
14,329,903
7,069,424
Series
2025-VIS3-A3
(a)(g)
...............................................
5.57%
2/25/2066
7,040,226
9,818,204
Series
2026-NQM2-A1
(a)(b)
..............................................
5.15%
9/25/2066
9,739,945
Legacy
Mortgage
Asset
Trust
565,368
Series
2021-GS1-A1
(a)(g)
................................................
5.89%
10/25/2066
566,167
6,123,129
Series
2021-GS2-A1
(a)(g)
................................................
5.75%
4/25/2061
6,131,964
11,076,964
Series
2021-GS3-A1
(a)(g)
................................................
5.75%
7/25/2061
11,098,912
14,553,012
Series
2021-GS4-A1
(a)(g)
................................................
5.65%
11/25/2060
14,576,605
MASTR
Adjustable
Rate
Mortgages
Trust
1,729,688
Series
2006-2-2A1
(b)
..................................................
6.54%
4/25/2036
750,906
MFRA
Trust
6,771,005
Series
2021-NQM2-A1
(a)(b)
..............................................
1.03%
11/25/2064
6,003,982
878,925
Series
2021-NQM2-A2
(a)(b)
..............................................
1.32%
11/25/2064
791,708
7,007,212
Series
2025-NQM4-A3
(a)(g)
..............................................
5.69%
8/25/2070
6,971,706
9,927,444
Series
2026-INVR1-A3
(a)(g)
..............................................
5.79%
12/25/2059
9,893,970
9,729,612
Series
2026-NQM1-A3
(a)(g)
..............................................
5.41%
2/25/2071
9,704,665
MLCC
Mortgage
Investors,
Inc.
137,104
Series
2005-3-2A
(b)
...................................................
5.06%
11/25/2035
134,314
Morgan
Stanley
Mortgage
Loan
Trust
7,105
Series
2004-1-1A1
...................................................
5.00%
11/25/2033
4,994
Morgan
Stanley
Residential
Mortgage
Loan
Trust
4,411,128
Series
2025-NQM8-A3
(a)(g)
..............................................
5.42%
9/25/2070
4,364,142
26,548,275
Series
2026-NEW1-A1
(a)(b)
..............................................
5.28%
4/27/2071
26,416,750
14,417,545
Series
2026-NQM4-A1
(a)(b)
..............................................
5.08%
3/25/2071
14,304,007
New
Residential
Mortgage
Loan
Trust
4,450,503
Series
2024-NQM1-A1
(a)(g)
..............................................
6.13%
3/25/2064
4,466,078
2,323,289
Series
2026-NQM1-A3
(a)(g)
..............................................
5.18%
11/25/2065
2,293,152
21,083,051
Series
2026-NQM5-A1
(a)(b)
..............................................
5.18%
4/25/2066
20,997,357
19,656,438
Series
2026-NQM6-A1
(a)(b)
..............................................
5.29%
5/25/2066
19,563,579
32,181,021
Series
2026-NQM7-A1
(a)(b)
..............................................
5.42%
6/25/2066
32,111,906
Onslow
Bay
Mortgage
Loan
Trust
694,249
Series
2018-1-A2
(1
mo.
Term
SOFR
+
0.76%,
0.00%
Floor)
(a)
.....................
4.41%
6/25/2057
690,181
7,655,888
Series
2022-NQM1-A1
(a)(b)
..............................................
2.31%
11/25/2061
6,872,154
1,937,831
Series
2022-NQM7-A1
(a)(g)
..............................................
5.11%
8/25/2062
1,934,196
4,484,142
Series
2023-NQM5-A1A
(a)(g)
.............................................
6.57%
6/25/2063
4,474,769
12,038,125
Series
2024-NQM10-A1
(a)(g)
.............................................
6.18%
5/25/2064
12,147,644
10,329,723
Series
2024-NQM11-A1
(a)(g)
.............................................
5.88%
6/25/2064
10,381,178
7,024,846
Series
2024-NQM12-A1
(a)(g)
.............................................
5.48%
7/25/2064
7,033,152
8,107,391
Series
2024-NQM13-A1
(a)
..............................................
5.12%
6/25/2064
8,099,747
8,511,957
Series
2024-NQM16-A1
(a)(g)
.............................................
5.53%
10/25/2064
8,537,265
14,799,416
Series
2024-NQM18-A1
(a)(b)
.............................................
5.41%
10/25/2064
14,805,765
3,492,662
Series
2024-NQM18-A2
(a)(g)
.............................................
5.66%
10/25/2064
3,491,924
5,629,236
Series
2024-NQM4-A1
(a)(g)
..............................................
6.07%
1/25/2064
5,655,273
5,906,101
Series
2024-NQM5-A1
(a)(g)
..............................................
5.99%
1/25/2064
5,924,848
15,130,862
Series
2025-NQM14-A3
(a)(g)
.............................................
5.62%
7/25/2065
15,083,690
9,688,023
Series
2025-NQM7-A1
(a)(g)
..............................................
5.56%
5/25/2055
9,708,217
11,975,188
Series
2025-NQM8-A1
(a)(g)
..............................................
5.47%
3/25/2065
11,987,355
8,349,770
Series
2025-R1-A3
(a)(g)
.................................................
5.19%
9/25/2062
8,240,019
13,962,863
Series
2026-NQM1-A3
(a)(g)
..............................................
5.17%
11/25/2065
13,841,976
PRKCM
Trust
29,543,020
Series
2026-AFC2-A1
(a)(b)
...............................................
5.37%
4/25/2061
29,470,743
8,136,755
Series
2026-AFC3-A1
(a)(b)
...............................................
5.38%
5/1/2061
8,112,104
16,000,000
Series
2026-AFC4-A1
(a)(b)
...............................................
5.60%
7/25/2061
16,030,240
PRPM
LLC
10,073,261
Series
2024-NQM4-A1
(a)(g)
..............................................
5.67%
12/26/2069
10,090,956
31,824,048
Series
2025-NQM2-A1
(a)(g)
..............................................
5.69%
4/25/2070
31,890,083
13,423,124
Series
2025-NQM5-A1
(a)(b)
..............................................
5.18%
10/25/2070
13,340,307
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
15
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
5,025,853
Series
2025-NQM6-A3
(a)(g)
..............................................
5.34%
12/25/2070
4,980,330
19,656,119
Series
2026-NQM2-A1
(a)(b)
..............................................
5.26%
4/25/2071
19,525,950
Santander
Mortgage
Asset
Receivable
Trust
424,738
Series
2025-NQM4-A3
(a)(g)
..............................................
5.76%
7/25/2065
423,780
4,961,359
Series
2025-NQM5-A3
(a)(g)
..............................................
5.47%
8/25/2065
4,926,013
3,710,984
Series
2025-NQM6-A3
(a)(g)
..............................................
5.44%
11/25/2065
3,682,290
2,729,140
Series
2026-NQM1-A2
(a)(g)
..............................................
5.15%
11/25/2065
2,700,045
2,456,226
Series
2026-NQM1-A3
(a)(g)
..............................................
5.25%
11/25/2065
2,428,605
Securitized
Asset
Backed
Receivables
LLC
3,054,808
Series
2006-NC1-A3
(1
mo.
Term
SOFR
+
0.65%,
0.54%
Floor)
....................
4.30%
3/25/2036
2,873,276
SGR
Residential
Mortgage
Trust
6,354,364
Series
2026-3-A1
(a)(b)
..................................................
5.19%
4/25/2066
6,305,781
Starwood
Mortgage
Residential
Trust
141,194
Series
2020-3-A1
(a)(b)
..................................................
1.49%
4/25/2065
139,421
18,999,162
Series
2021-5-A1
(a)(b)
..................................................
1.92%
9/25/2066
16,241,455
Structured
Asset
Securities
Corp.
27,788
Series
2003-24A-1A3
(b)
................................................
6.27%
7/25/2033
27,687
Terwin
Mortgage
Trust
215,175
Series
2003-4HE-M1
(1
mo.
Term
SOFR
+
1.24%,
1.13%
Floor)
....................
4.89%
9/25/2034
258,772
Velocity
Commercial
Capital
Loan
Trust
992,972
Series
2019-2-A
(a)(b)
...................................................
3.13%
7/25/2049
964,567
3,549,317
Series
2021-1-M1
(a)(b)
..................................................
1.79%
5/25/2051
2,936,909
13,401,286
Series
2021-2-A
(a)(b)
...................................................
1.52%
8/25/2051
11,520,514
3,179,762
Series
2021-2-M1
(a)(b)
..................................................
1.82%
8/25/2051
2,588,371
11,520,272
Series
2024-5-A
(a)
....................................................
5.49%
10/25/2054
11,474,113
18,605,158
Series
2025-4-A
(a)(b)
...................................................
5.19%
9/25/2055
18,385,861
Vericrest
Opportunity
Loan
Transferee
864,690
Series
2021-NP11-A1
(a)(g)
...............................................
5.87%
8/25/2051
865,492
830,644
Series
2021-NPL9-A1
(a)(g)
...............................................
5.99%
5/25/2051
831,430
Verus
Securitization
Trust
5,789,776
Series
2021-4-A3
(a)(b)
..................................................
1.35%
7/25/2066
4,942,448
5,558,527
Series
2021-7-A1
(a)(g)
..................................................
2.83%
10/25/2066
5,074,836
8,883,715
Series
2024-3-A1
(a)(g)
..................................................
6.34%
4/25/2069
8,935,629
2,602,011
Series
2024-6-A1
(a)(g)
..................................................
5.80%
7/25/2069
2,611,587
17,587,698
Series
2024-9-A1
(a)(b)
..................................................
5.44%
11/25/2069
17,620,031
4,573,671
Series
2024-9-A2
(a)(g)
..................................................
5.69%
11/25/2069
4,576,661
4,419,996
Series
2025-10-A2
(a)(g)
.................................................
5.21%
6/25/2070
4,393,818
13,546,446
Series
2025-11-A3
(a)(g)
.................................................
5.27%
11/25/2070
13,432,103
3,570,828
Series
2025-1-A1
(a)(b)
..................................................
5.62%
1/25/2070
3,582,676
29,163,686
Series
2025-4-A1
(a)(g)
..................................................
5.45%
5/25/2070
29,229,806
14,376,261
Series
2025-5-A1
(a)(g)
..................................................
5.43%
6/25/2070
14,426,121
9,606,978
Series
2025-6-A1
(a)(g)
..................................................
5.42%
7/25/2070
9,629,912
2,322,632
Series
2025-8-A3
(a)(g)
..................................................
5.22%
9/25/2070
2,301,494
17,888,998
Series
2025-9-A3
(a)(g)
..................................................
5.34%
10/27/2070
17,757,249
26,794,965
Series
2026-4-A1
(a)(b)
..................................................
5.00%
4/25/2071
26,630,715
2,978,383
Series
2026-R1-A3
(a)(g)
.................................................
5.19%
10/25/2067
2,934,471
26,578,426
Series
2026-R3-A1
(a)(b)
.................................................
5.19%
2/27/2068
26,483,190
WaMu
Mortgage
Pass
Through
Certificates
81,373
Series
2002-AR16-A
(b)
.................................................
6.08%
12/25/2032
79,503
Wells
Fargo
Mortgage
Backed
Securities
Trust
145,928
Series
2007-7-A36
...................................................
6.00%
6/25/2037
135,007
Woodward
Capital
Management
17,881,992
Series
2026-CES5-A1A
(a)(g)
..............................................
5.25%
5/25/2056
17,828,814
Total
Non-Agency
Residential
Collateralized
Mortgage
Obligations
(Cost
$1,237,250,801)
1,215,821,114
US
CORPORATE
BONDS
-
12.3%
4,970,000
AbbVie,
Inc.
........................................................
4.88%
3/15/2030
5,025,728
10,138,000
Agree
LP
..........................................................
2.90%
10/1/2030
9,412,480
6,844,000
Airbnb,
Inc.
........................................................
4.40%
3/16/2029
6,810,227
2,226,000
Altria
Group,
Inc.
.....................................................
6.20%
11/1/2028
2,303,308
3,682,000
Altria
Group,
Inc.
.....................................................
4.50%
8/6/2030
3,654,743
13,369,000
American
Electric
Power
Co.,
Inc.
.........................................
5.20%
1/15/2029
13,574,485
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
16
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
10,014,000
American
Express
Co.
(SOFR
+
1.26%)
....................................
4.73%
4/25/2029
10,042,362
19,557,000
American
Tower
Corp.
.................................................
4.90%
3/15/2030
19,652,227
13,933,000
Amgen,
Inc.
........................................................
4.20%
2/19/2031
13,666,225
6,851,000
Augusta
SpinCo
Corp.
.................................................
4.40%
3/23/2029
6,803,952
1,471,000
Avery
Dennison
Corp.
.................................................
4.88%
12/6/2028
1,477,878
1,735,000
Aviation
Capital
Group
LLC
(a)
............................................
6.25%
4/15/2028
1,775,595
14,746,000
Aviation
Capital
Group
LLC
(a)
............................................
4.80%
10/24/2030
14,608,168
13,450,000
Bank
of
America
Corp.
(SOFR
+
0.83%)
....................................
4.98%
1/24/2029
13,525,650
6,676,000
Bank
of
America
Corp.
(SOFR
+
1.00%)
....................................
5.16%
1/24/2031
6,767,682
5,505,000
Biogen,
Inc.
........................................................
5.05%
1/15/2031
5,574,273
12,139,000
Black
Hills
Corp.
.....................................................
4.55%
1/31/2031
11,959,864
4,058,000
Boardwalk
Pipelines
LP
................................................
4.45%
7/15/2027
4,052,723
1,938,000
Brown
&
Brown,
Inc.
..................................................
4.70%
6/23/2028
1,937,862
2,262,000
Brown
&
Brown,
Inc.
..................................................
4.50%
3/15/2029
2,246,708
6,545,000
Cardinal
Health,
Inc.
..................................................
5.13%
2/15/2029
6,625,085
4,136,000
CenterPoint
Energy,
Inc.
...............................................
5.40%
6/1/2029
4,224,115
3,624,000
Charles
Schwab
Corp.
(SOFR
+
1.05%)
....................................
4.69%
3/3/2027
3,638,493
13,758,000
Charles
Schwab
Corp.
(SOFR
+
0.94%)
....................................
4.34%
11/14/2031
13,535,287
6,242,000
Cheniere
Energy
Partners
LP
............................................
4.50%
10/1/2029
6,201,989
7,704,000
Cheniere
Energy,
Inc.
.................................................
4.63%
10/15/2028
7,687,018
7,188,000
Citigroup,
Inc.
(SOFR
+
0.87%)
..........................................
4.79%
3/4/2029
7,206,585
15,368,000
Citigroup,
Inc.
(SOFR
+
1.34%)
..........................................
4.54%
9/19/2030
15,262,374
6,915,000
Citigroup,
Inc.
(SOFR
+
1.17%)
..........................................
4.50%
9/11/2031
6,826,526
13,651,000
CNH
Industrial
Capital
LLC
.............................................
4.50%
10/16/2030
13,452,725
5,202,000
Constellation
Energy
Generation
LLC
......................................
3.90%
1/8/2028
5,158,904
6,443,000
CRH
SMW
Finance
DAC
...............................................
5.13%
1/9/2030
6,530,730
5,968,000
CubeSmart
LP
......................................................
4.38%
2/15/2029
5,920,138
3,996,000
Darden
Restaurants,
Inc.
...............................................
4.35%
10/15/2027
3,984,438
2,400,000
DCP
Midstream
Operating
LP
............................................
5.13%
5/15/2029
2,427,319
7,236,000
Dell
International
LLC
/
EMC
Corp.
........................................
4.50%
2/15/2031
7,137,499
1,818,000
Devon
Energy
Corp.
..................................................
5.25%
10/15/2027
1,818,195
7,246,000
Dominion
Energy,
Inc.
.................................................
5.00%
6/15/2030
7,329,688
2,147,000
DT
Midstream,
Inc.
(a)
..................................................
4.13%
6/15/2029
2,104,619
7,762,000
DTE
Energy
Co.
.....................................................
5.20%
4/1/2030
7,876,250
8,514,000
Energy
Transfer
LP
...................................................
6.05%
12/1/2026
8,569,282
6,441,000
Energy
Transfer
LP
...................................................
6.10%
12/1/2028
6,644,915
7,347,000
Equifax,
Inc.
........................................................
4.80%
9/15/2029
7,358,796
3,098,000
Equinix
Europe
2
Financing
Corp.
LLC
.....................................
4.60%
11/15/2030
3,062,962
8,311,000
ERAC
USA
Finance
LLC
(a)
..............................................
4.50%
10/30/2029
8,255,846
6,545,000
Essential
Properties
LP
................................................
2.95%
7/15/2031
5,919,222
6,362,000
Essential
Utilities,
Inc.
.................................................
4.80%
8/15/2027
6,382,874
357,000
Essential
Utilities,
Inc.
.................................................
3.57%
5/1/2029
346,389
12,332,000
Evergy
Kansas
Central,
Inc.
.............................................
4.70%
3/13/2028
12,358,415
1,053,000
Evergy,
Inc.
........................................................
4.25%
3/15/2029
1,041,345
4,334,000
Exelon
Corp.
.......................................................
5.15%
3/15/2029
4,393,864
12,885,000
Extra
Space
Storage
LP
...............................................
5.50%
7/1/2030
13,188,916
13,688,000
Ferguson
Enterprises,
Inc.
..............................................
4.35%
3/15/2031
13,446,122
2,600,000
FirstEnergy
Transmission
LLC
...........................................
4.55%
1/15/2030
2,581,716
6,744,000
GATX
Corp.
........................................................
4.70%
4/1/2029
6,738,646
5,409,000
GATX
Corp.
........................................................
4.00%
6/30/2030
5,272,138
8,315,000
GE
HealthCare
Technologies,
Inc.
.........................................
4.80%
8/14/2029
8,360,417
6,913,000
Georgia-Pacific
LLC
(a)
.................................................
4.40%
5/15/2029
6,880,337
3,162,000
Goldman
Sachs
Bank
USA
(SOFR
+
0.72%)
.................................
4.66%
6/3/2029
3,164,454
6,350,000
Goldman
Sachs
Group,
Inc.
(SOFR
+
0.90%)
.................................
4.15%
10/21/2029
6,261,172
3,028,000
Goldman
Sachs
Group,
Inc.
(SOFR
+
0.96%)
.................................
4.52%
1/21/2032
2,971,461
300,000
HSBC
USA,
Inc.
(SOFR
+
0.96%)
.........................................
4.60%
3/4/2027
301,217
2,853,000
Hubbell,
Inc.
........................................................
4.65%
6/15/2031
2,842,346
8,000,000
Hyundai
Capital
America
(a)
..............................................
4.55%
9/26/2029
7,940,602
11,643,000
Hyundai
Capital
America
(a)
..............................................
5.40%
6/24/2031
11,814,847
4,945,000
Illumina,
Inc.
........................................................
4.65%
9/9/2026
4,946,785
15,091,000
Jackson
National
Life
Global
Funding
(a)
.....................................
4.60%
10/1/2029
14,883,103
6,939,000
Jacobs
Solutions,
Inc.
.................................................
4.75%
3/3/2031
6,879,733
7,269,000
JPMorgan
Chase
&
Co.
(SOFR
+
0.92%)
....................................
4.55%
4/22/2028
7,295,518
13,490,000
JPMorgan
Chase
&
Co.
(SOFR
+
0.80%)
....................................
4.92%
1/24/2029
13,557,792
6,939,000
JPMorgan
Chase
&
Co.
(3
mo.
Term
SOFR
+
1.42%)
...........................
3.70%
5/6/2030
6,749,378
6,600,000
Kinder
Morgan,
Inc.
...................................................
5.00%
2/1/2029
6,660,658
3,518,000
M&T
Bank
Corp.
(SOFR
+
0.93%)
.........................................
4.83%
1/16/2029
3,525,707
8,186,000
Marriott
International,
Inc./MD
............................................
4.80%
3/15/2030
8,224,187
14,482,000
Mars,
Inc.
(a)
........................................................
4.80%
3/1/2030
14,527,955
11,454,000
MasTec,
Inc.
(a)
......................................................
4.50%
8/15/2028
11,346,260
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
17
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
8,352,000
Molex
Electronic
Technologies
LLC
(a)
.......................................
4.75%
4/30/2028
8,363,411
13,786,000
Morgan
Stanley
(SOFR
+
0.96%)
.........................................
4.56%
4/10/2030
13,700,329
4,370,000
Morgan
Stanley
Bank
NA
(SOFR
+
0.97%)
..................................
4.79%
5/10/2030
4,374,906
6,625,000
MPLX
LP
..........................................................
4.80%
2/15/2029
6,640,786
6,421,000
National
Securities
Clearing
Corp.
(a)
.......................................
4.70%
5/20/2030
6,451,002
1,089,000
New
York
Life
Global
Funding
(a)
..........................................
4.70%
1/29/2029
1,091,689
11,396,000
Niagara
Mohawk
Power
Corp.
(a)
..........................................
4.65%
10/3/2030
11,324,603
3,577,000
NiSource,
Inc.
.......................................................
5.25%
3/30/2028
3,617,920
2,853,000
NiSource,
Inc.
.......................................................
5.20%
7/1/2029
2,897,999
2,962,000
NiSource,
Inc.
.......................................................
4.75%
5/18/2031
2,950,829
6,792,000
Northrop
Grumman
Corp.
..............................................
4.65%
7/15/2030
6,808,929
10,297,000
Northrop
Grumman
Systems
Corp.
........................................
7.75%
2/15/2031
11,595,426
3,702,000
Omega
Healthcare
Investors,
Inc.
.........................................
4.75%
1/15/2028
3,702,442
4,037,000
O'Reilly
Automotive,
Inc.
...............................................
5.75%
11/20/2026
4,054,340
5,769,000
Otis
Worldwide
Corp.
..................................................
4.49%
5/7/2029
5,749,473
5,264,000
Paychex,
Inc.
.......................................................
5.10%
4/15/2030
5,310,659
13,026,000
Penske
Truck
Leasing
Co.
LP
/
PTL
Finance
Corp.
(a)
............................
5.25%
2/1/2030
13,187,298
6,594,000
Phillips
Edison
Grocery
Center
Operating
Partnership
I
LP
........................
2.63%
11/15/2031
5,881,547
1,692,000
Pinnacle
West
Capital
Corp.
.............................................
4.90%
5/15/2028
1,698,655
2,848,000
Pinnacle
West
Capital
Corp.
.............................................
4.65%
6/1/2029
2,849,015
6,819,000
Progressive
Corp.
....................................................
4.60%
3/26/2031
6,799,726
6,231,000
Public
Service
Enterprise
Group,
Inc.
......................................
5.85%
11/15/2027
6,343,762
7,059,000
Public
Service
Enterprise
Group,
Inc.
......................................
5.88%
10/15/2028
7,242,842
6,090,000
Quanta
Services,
Inc.
.................................................
4.50%
1/15/2031
6,018,666
11,755,000
Rentokil
Terminix
Funding
LLC
(a)
..........................................
5.00%
4/28/2030
11,794,484
12,330,000
Republic
Services,
Inc.
................................................
4.75%
7/15/2030
12,406,619
1,705,000
Roper
Technologies,
Inc.
...............................................
4.25%
9/15/2028
1,692,562
13,275,000
Royal
Caribbean
Cruises
Ltd.
(a)
...........................................
5.63%
9/30/2031
13,390,384
13,633,000
Royalty
Pharma
PLC
..................................................
4.45%
3/25/2031
13,409,832
4,985,000
Ryder
System,
Inc.
...................................................
4.30%
12/1/2030
4,919,088
4,369,000
Sonoco
Products
Co.
.................................................
4.45%
9/1/2026
4,369,467
2,087,000
Southern
Co.
Gas
Capital
Corp.
..........................................
4.05%
9/15/2028
2,065,774
5,063,000
Southern
Power
Co.
..................................................
4.25%
10/1/2030
4,975,344
5,829,000
Store
Capital
LLC
....................................................
4.95%
2/11/2031
5,756,697
6,716,000
Sysco
Corp.
........................................................
5.10%
9/23/2030
6,782,047
14,312,000
Targa
Resources
Corp.
................................................
4.35%
4/15/2031
13,986,491
10,818,000
Targa
Resources
Partners
LP
/
Targa
Resources
Partners
Finance
Corp.
.............
5.50%
3/1/2030
10,909,362
2,743,000
Textron,
Inc.
........................................................
3.90%
9/17/2029
2,675,646
14,214,000
T-Mobile
USA,
Inc.
...................................................
3.50%
4/15/2031
13,417,101
11,143,000
Truist
Financial
Corp.
(SOFR
+
2.45%)
.....................................
7.16%
10/30/2029
11,737,942
3,349,000
Uber
Technologies,
Inc.
................................................
4.15%
1/15/2031
3,272,211
3,695,000
Veralto
Corp.
.......................................................
5.35%
9/18/2028
3,747,126
1,927,000
Verisk
Analytics,
Inc.
..................................................
4.45%
3/15/2031
1,887,723
13,016,000
Wells
Fargo
&
Co.
(SOFR
+
1.07%)
.......................................
4.70%
4/22/2028
13,072,759
6,648,000
Wells
Fargo
&
Co.
(SOFR
+
0.72%)
.......................................
4.58%
5/20/2029
6,632,678
12,796,000
Wells
Fargo
&
Co.
(SOFR
+
1.79%)
.......................................
6.30%
10/23/2029
13,238,309
5,803,000
Wells
Fargo
&
Co.
(SOFR
+
1.50%)
.......................................
5.15%
4/23/2031
5,864,918
1,170,000
Western
Midstream
Operating
LP
.........................................
6.35%
1/15/2029
1,210,492
7,817,000
Western
Midstream
Operating
LP
.........................................
4.05%
2/1/2030
7,575,015
13,430,000
Westinghouse
Air
Brake
Technologies
Corp.
..................................
4.90%
5/29/2030
13,518,736
8,186,000
Williams
Cos.,
Inc.
...................................................
4.80%
11/15/2029
8,220,626
Total
US
Corporate
Bonds
(Cost
$908,945,509)
905,701,181
US
GOVERNMENT
AND
AGENCY
MORTGAGE
BACKED
OBLIGATIONS
-
8.4%
Federal
Home
Loan
Mortgage
Corp.
16,760,499
Pool
5650
BF
.......................................................
4.38%
4/25/2056
16,741,402
325,002
Pool
840632
(RFUCCT1Y
+
1.62%,
1.62%
Floor,
7.61%
Cap)
.....................
6.04%
5/1/2045
337,447
68,582
Pool
N70081
.......................................................
5.50%
7/1/2038
68,889
11,137,930
Pool
RB5247
.......................................................
5.50%
8/1/2043
11,235,044
12,999,335
Pool
RB5368
.......................................................
5.00%
10/1/2045
12,894,239
14,389,500
Pool
SD8342
.......................................................
5.50%
7/1/2053
14,544,731
6,595,086
Pool
SL0105
.......................................................
5.00%
6/1/2053
6,523,713
9,006,983
Pool
SL0223
.......................................................
5.50%
2/1/2055
9,147,069
5,410,001
Pool
SL0536
.......................................................
5.50%
2/1/2055
5,482,062
11,808,257
Pool
SL2711
........................................................
5.50%
9/1/2055
11,914,779
7,670,588
Pool
SL3660
.......................................................
5.50%
5/1/2054
7,746,893
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
18
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
16,323,415
Pool
SL5610
.......................................................
6.00%
3/1/2056
16,816,648
7,947
Series
3872-BA
.....................................................
4.00%
6/15/2041
7,754
2,112,316
Series
4878-FA
(30
day
avg
SOFR
US
+
0.51%,
0.40%
Floor,
6.50%
Cap)
............
4.11%
5/15/2049
2,087,439
2,945,997
Series
4987-BF
(30
day
avg
SOFR
US
+
0.51%,
0.40%
Floor,
6.50%
Cap)
............
4.14%
6/25/2050
2,905,032
15,730,267
Series
5269-FL
(30
day
avg
SOFR
US
+
0.82%,
0.82%
Floor,
6.00%
Cap)
............
4.45%
10/25/2052
15,689,732
8,182,363
Series
5458-FH
(30
day
avg
SOFR
US
+
0.85%,
0.85%
Floor,
7.00%
Cap)
............
4.48%
10/25/2054
8,192,136
10,640,778
Series
5512-FA
(30
day
avg
SOFR
US
+
0.90%,
0.90%
Floor,
6.00%
Cap)
............
4.53%
3/25/2055
10,623,264
5,886,243
Series
5524-AF
(30
day
avg
SOFR
US
+
1.20%,
1.20%
Floor,
6.50%
Cap)
............
4.83%
4/25/2055
5,921,665
7,450,317
Series
5536-FD
(30
day
avg
SOFR
US
+
1.20%,
1.20%
Floor,
6.50%
Cap)
............
4.83%
5/25/2054
7,492,217
4,331,295
Series
5598-FA
(30
day
avg
SOFR
US
+
1.15%,
1.15%
Floor,
6.50%
Cap)
............
4.78%
11/25/2055
4,351,582
8,615,089
Series
5612-FJ
(30
day
avg
SOFR
US
+
1.20%,
1.20%
Floor,
6.00%
Cap)
............
4.83%
11/25/2055
8,619,752
7,806,307
Series
5632-CF
(30
day
avg
SOFR
US
+
0.95%,
0.95%
Floor,
6.00%
Cap)
............
4.58%
2/25/2056
7,796,204
19,820,181
Series
5644-FE
(30
day
avg
SOFR
US
+
0.85%,
0.85%
Floor,
7.00%
Cap)
............
4.48%
4/25/2056
19,842,572
7,894,801
Series
5646-FB
(30
day
avg
SOFR
US
+
1.00%,
1.00%
Floor,
6.00%
Cap)
............
4.63%
6/25/2055
7,875,112
5,821,981
Series
5658-FC
(30
day
avg
SOFR
US
+
1.05%,
1.05%
Floor,
6.00%
Cap)
............
4.68%
5/25/2056
5,826,010
22,607,879
Series
5664-FD
(30
day
avg
SOFR
US
+
0.85%,
0.85%
Floor,
7.00%
Cap)
............
4.48%
11/25/2055
22,633,620
19,688,469
Series
5669-FB
(30
day
avg
SOFR
US
+
0.75%,
0.75%
Floor,
7.50%
Cap)
............
4.38%
6/25/2056
19,728,580
Federal
National
Mortgage
Association
15,850
Pool
AB3850
.......................................................
4.00%
11/1/2041
15,041
643,228
Pool
AL2987
(RFUCCT1Y
+
1.62%,
1.62%
Floor,
7.29%
Cap)
.....................
6.30%
11/1/2042
669,632
452,608
Pool
BM3520
(RFUCCT1Y
+
1.56%,
1.56%
Floor,
6.97%
Cap)
.....................
6.04%
5/1/2045
469,885
3,700,000
Pool
BS9581
.......................................................
4.82%
9/1/2028
3,718,507
8,994,567
Pool
CB9973
.......................................................
5.50%
2/1/2055
9,101,974
10,566,816
Pool
FA1444
.......................................................
5.50%
4/1/2055
10,634,797
11,332,387
Pool
FA3995
.......................................................
5.50%
1/1/2055
11,476,046
15,334,800
Pool
FA4738
.......................................................
6.00%
6/1/2055
15,898,951
10,254,300
Pool
FA4811
........................................................
5.50%
11/1/2053
10,368,720
8,592,684
Pool
FS7622
.......................................................
5.50%
4/1/2054
8,725,212
3,942,858
Pool
MA4901
.......................................................
5.00%
1/1/2043
3,939,438
15,682,518
Pool
MA4941
.......................................................
5.50%
3/1/2053
15,857,767
2,236,982
Pool
MA4988
.......................................................
5.00%
4/1/2043
2,231,047
2,974,085
Pool
MA5112
.......................................................
5.00%
8/1/2043
2,942,486
3,122,195
Pool
MA5540
.......................................................
5.50%
11/1/2044
3,193,296
2,520,449
Pool
MA5679
.......................................................
5.50%
4/1/2045
2,558,606
7,945,484
Pool
MA5806
.......................................................
5.50%
8/1/2045
8,011,574
6,329,357
Pool
MA5833
.......................................................
5.00%
9/1/2045
6,325,287
1,504,836
Series
2010-68-FJ
(30
day
avg
SOFR
US
+
0.56%,
0.45%
Floor,
7.00%
Cap)
..........
4.19%
7/25/2040
1,500,760
723,836
Series
2011-134-FT
(30
day
avg
SOFR
US
+
0.61%,
0.50%
Floor,
6.50%
Cap)
.........
4.24%
12/25/2041
718,849
27,392
Series
2011-64-DB
...................................................
4.00%
7/25/2041
26,626
1,148,652
Series
2016-62-FB
(30
day
avg
SOFR
US
+
0.51%,
0.40%
Floor,
6.50%
Cap)
..........
4.14%
9/25/2046
1,142,274
1,334,661
Series
2017-112-FC
(30
day
avg
SOFR
US
+
0.46%,
0.35%
Floor,
6.50%
Cap)
.........
4.09%
1/25/2048
1,306,863
6,284,027
Series
2018-72-FB
(30
day
avg
SOFR
US
+
0.46%,
0.35%
Floor,
6.50%
Cap)
..........
4.09%
10/25/2058
6,049,044
2,087,710
Series
2018-85-FE
(30
day
avg
SOFR
US
+
0.41%,
0.30%
Floor,
6.50%
Cap)
..........
4.04%
12/25/2048
2,064,714
10,911,998
Series
2021-M7-A1
(b)
..................................................
1.76%
3/25/2031
10,479,455
17,430,329
Series
2022-68-FB
(30
day
avg
SOFR
US
+
0.87%,
0.87%
Floor,
6.00%
Cap)
..........
4.50%
10/25/2052
17,331,100
1,585,971
Series
2025-10-FB
(30
day
avg
SOFR
US
+
0.85%,
0.85%
Floor,
6.00%
Cap)
..........
4.48%
2/25/2055
1,582,259
11,420,040
Series
2025-15-FQ
(30
day
avg
SOFR
US
+
1.20%,
1.20%
Floor,
6.50%
Cap)
..........
4.83%
4/25/2055
11,486,580
5,929,273
Series
2025-26-FK
(30
day
avg
SOFR
US
+
1.20%,
1.20%
Floor,
6.50%
Cap)
..........
4.83%
6/25/2054
5,964,384
9,590,915
Series
2026-27-QF
(30
day
avg
SOFR
US
+
1.15%,
1.15%
Floor,
6.00%
Cap)
..........
4.78%
4/25/2056
9,580,568
20,000,000
Series
2026-50
FG
...................................................
4.48%
7/25/2056
19,997,040
18,500,000
Series
2026-54-FC
(30
day
avg
SOFR
US
+
0.90%,
0.90%
Floor,
7.00%
Cap)
..........
4.49%
7/25/2056
18,515,440
29,000,000
Series
2026-56-F
(30
day
avg
SOFR
US
+
0.75%,
0.75%
Floor,
8.00%
Cap)
...........
4.36%
9/25/2054
29,017,116
Government
National
Mortgage
Association
1,689,460
Series
2013-116-WU
..................................................
3.00%
12/20/2042
1,668,420
3,467,965
Series
2022-183-B
...................................................
5.00%
4/20/2047
3,431,943
3,350,656
Series
2023-131-CF
(30
day
avg
SOFR
US
+
0.90%,
0.90%
Floor,
7.00%
Cap)
.........
4.51%
9/20/2053
3,365,677
15,024,028
Series
2025-211-FD
(30
day
avg
SOFR
US
+
1.10%,
1.10%
Floor,
6.00%
Cap)
.........
4.71%
12/20/2055
14,988,152
29,500,000
Series
2026-100-FN
(30
day
avg
SOFR
US
+
0.80%,
0.80%
Floor,
7.00%
Cap)
.........
4.39%
6/20/2056
29,515,965
23,250,000
Series
2026-108-MF
(30
day
avg
SOFR
US
+
0.80%,
0.80%
Floor,
7.00%
Cap)
.........
4.39%
6/20/2056
23,270,539
6,647,206
Series
2026-47-FB
(30
day
avg
SOFR
US
+
0.95%,
0.95%
Floor,
6.00%
Cap)
..........
4.56%
3/20/2056
6,599,937
19,953,982
Series
2026-61-KF
(30
day
avg
SOFR
US
+
0.65%,
0.65%
Floor,
7.50%
Cap)
..........
4.26%
4/20/2056
19,961,065
Total
US
Government
and
Agency
Mortgage
Backed
Obligations
(Cost
$619,119,594)
618,748,623
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
19
P
RINCIPAL
A
MOUNT
$
S
ECURITY
D
ESCRIPTION
R
ATE
M
ATURITY
V
ALUE
$
a
a
a
a
a
US
GOVERNMENT
AND
AGENCY
OBLIGATIONS
-
18.3%
71,173,616
United
States
Treasury
Inflation
Indexed
Bonds
...............................
2.38%
1/15/2027
70,996,673
80,439,854
United
States
Treasury
Inflation
Indexed
Notes
...............................
0.13%
4/15/2027
78,874,909
71,836,380
United
States
Treasury
Inflation
Indexed
Notes
...............................
1.63%
10/15/2027
71,502,815
228,600,000
United
States
Treasury
Notes
...........................................
0.50%
6/30/2027
220,636,607
50,000,000
United
States
Treasury
Notes
...........................................
3.50%
10/31/2027
49,574,219
270,000,000
United
States
Treasury
Notes
...........................................
0.75%
1/31/2028
255,983,204
100,000,000
United
States
Treasury
Notes
...........................................
3.50%
11/15/2028
98,505,859
250,000,000
United
States
Treasury
Notes
...........................................
3.63%
10/31/2030
244,379,882
290,000,000
United
States
Treasury
Notes
...........................................
0.88%
11/15/2030
251,869,530
Total
US
Government
and
Agency
Obligations
(Cost
$1,357,543,118)
1,342,323,698
SHARES
SHORT
TERM
INVESTMENTS
-
1.9%
47,933,381
BNY
Dreyfus
Government
Cash
Management
-
Institutional
(i)
......................
3.54%
47,933,381
46,523,575
MSILF
Government
Portfolio
-
Institutional
(i)
..................................
3.56%
46,523,575
46,523,575
Northern
Institutional
Funds
-Treasury
Portfolio
-
SHR
(i)
..........................
3.56%
46,523,575
Total
Short
Term
Investments
(Cost
$140,980,531)
140,980,531
Total
Investments
-
101.3%
(Cost
$7,613,550,095)
7,449,218,597
Other
Liabilities
in
Excess
of
Assets
-
(1.3)%
(92,990,442)
NET
ASSETS
-
100.0%
$7,356,228,155
(a)
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
3,791,745,549
or
51.54%
of
the
Fund’s
net
assets.
(b)
Coupon
rate
is
variable
based
on
the
weighted
average
coupon
of
the
underlying
collateral.
To
the
extent
the
weighted
average
coupon
of
the
underlying
assets
which
comprise
the
collateral
increases
or
decreases,
the
coupon
rate
of
this
security
will
increase
or
decrease
correspondingly.
The
rate
disclosed
is
as
of
period
end.
(c)
Value
determined
using
significant
unobservable
inputs.
(d)
Perpetual
maturity.
The
date
disclosed
is
the
next
call
date
of
the
security.
(e)
Security
is
in
default
or
has
failed
to
make
a
scheduled
payment.
(f)
Interest
only
security
(g)
Step
Bond;
Coupon
rate
changes
based
on
a
predetermined
schedule
or
event.
The
interest
rate
shown
is
the
rate
in
effect
as
of
period
end.
(h)
Security
has
reached
its
original
contractual
maturity
date
but
remains
outstanding
as
of
June
30,
2026.
The
maturity
date
reflected
is
the
original
contractual
maturity
date.
(i)
Seven-day
yield
as
of
period
end.
CMT
Constant
Maturity
Treasury
Rate
MSILF
Morgan
Stanley
Institutional
Liquidity
Funds
RFUCCT
Refinitiv
USD
IBOR
Consumer
Cash
Fallbacks
SOFR
Secured
Overnight
Financing
Rate
INVESTMENT
BREAKDOWN
as
a
%
of
Net
Assets:
US
Government
and
Agency
Obligations
............................................................................
18.3‌%
Non-Agency
Residential
Collateralized
Mortgage
Obligations
..............................................................
16.5‌%
Non-Agency
Commercial
Mortgage
Backed
Obligations
.................................................................
15.4‌%
Collateralized
Loan
Obligations
..................................................................................
10.1‌%
Asset
Backed
Obligations
......................................................................................
8.8‌%
US
Government
and
Agency
Mortgage
Backed
Obligations
...............................................................
8.4‌%
Banks
....................................................................................................
4.8‌%
Foreign
Government
Bonds,
Foreign
Agencies
and
Foreign
Government
Sponsored
Corporations
....................................
2.0‌%
Electric
...................................................................................................
2.0‌%
Short
Term
Investments
........................................................................................
1.9‌%
Pipelines
..................................................................................................
1.5‌%
Commercial
Services
.........................................................................................
1.2‌%
REITS
....................................................................................................
1.0‌%
Diversified
Financial
Services
....................................................................................
1.0‌%
Mining
....................................................................................................
0.6‌%
Biotechnology
...............................................................................................
0.5‌%
Food
.....................................................................................................
0.5‌%
Machinery-Diversified
.........................................................................................
0.4‌%
Iron/Steel
..................................................................................................
0.4‌%
DoubleLine
Low
Duration
Bond
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
20
Aerospace/Defense
...........................................................................................
0.4‌%
Healthcare-Products
..........................................................................................
0.4‌%
Auto
Manufacturers
...........................................................................................
0.4‌%
Retail
....................................................................................................
0.4‌%
Insurance
..................................................................................................
0.4‌%
Trucking
&
Leasing
...........................................................................................
0.3‌%
Telecommunications
..........................................................................................
0.3‌%
Transportation
..............................................................................................
0.3‌%
Agriculture
.................................................................................................
0.3‌%
Forest
Products
&
Paper
.......................................................................................
0.3‌%
Oil
&
Gas
..................................................................................................
0.3‌%
Engineering
&
Construction
.....................................................................................
0.3‌%
Environmental
Control
.........................................................................................
0.2‌%
Leisure
Time
...............................................................................................
0.2‌%
Pharmaceuticals
.............................................................................................
0.2‌%
Gas
......................................................................................................
0.2‌%
Building
Materials
............................................................................................
0.2‌%
Internet
...................................................................................................
0.1‌%
Electrical
Components
&
Equipments
..............................................................................
0.1‌%
Lodging
...................................................................................................
0.1‌%
Computers
.................................................................................................
0.1‌%
Software
..................................................................................................
0.1‌%
Chemicals
.................................................................................................
0.1‌%
Water
....................................................................................................
0.1‌%
Oil
&
Gas
Services
...........................................................................................
0.1‌%
Packaging
&
Containers
.......................................................................................
0.1‌%
Electronics
.................................................................................................
0.0‌%
(a)
Miscellaneous
Manufacturing
....................................................................................
0.0‌%
(a)
Beverages
.................................................................................................
0.0‌%
(a)
Household
Products/Wares
.....................................................................................
0.0‌%
(a)
Savings
&
Loans
.............................................................................................
0.0‌%
(a)
Other
Assets
and
Liabilities
.....................................................................................
(1.3‌)%
Net
Assets
.................................................................................................
100.0‌%
(a)
Represents
less
than
0.05%
of
net
assets.