DoubleLine
Income
Solutions
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
-
1.7%
Apollo
Aviation
Securitization
Equity
Trust
512,415
Series
2024-1A-B
(a)
...................................................
6.90%
5/16/2049
516,493
534,705
Series
2024-2A-B
(a)
...................................................
6.61%
9/16/2049
534,535
AVANT
Loans
Funding
Trust
1,525,000
Series
2025-REV1-D
(a)
.................................................
8.39%
5/15/2034
1,534,383
2,000,000
AZ
Battery
Property
(b)
................................................
6.73%
2/20/2046
2,030,821
Blue
Stream
Communications
LLC
2,000,000
Series
2023-1A-C
(a)
...................................................
8.90%
5/20/2053
2,025,092
Business
Jet
Securities
LLC
604,222
Series
2024-2A-C
(a)
...................................................
7.97%
9/15/2039
604,840
Castlelake
Aircraft
Securitization
Trust
541,976
Series
2018-1-C
(a)
....................................................
6.63%
6/15/2043
438,893
Compass
Datacenters
LLC
1,250,000
Series
2024-1A-B
(a)
...................................................
7.00%
2/25/2049
1,263,525
Diversified
Energy
Co.
PLC
2,590,519
Series
2025-1A-B
(a)
...................................................
10.40%
2/28/2045
2,609,086
Dividend
Solar
Loans
LLC
763,155
Series
2018-2-B
(a)
....................................................
4.25%
12/20/2038
705,102
JOL
Air
Ltd.
87,152
Series
2019-1-B
(a)
....................................................
4.95%
4/15/2044
86,289
Landmark
Infrastructure
Partners
LP
950,000
Series
2025-1A-C
(a)
...................................................
8.12%
9/15/2055
957,553
Pagaya
AI
Debt
Selection
Trust
2,750,000
Series
2021-3-CERT
(a)(b)(c)
..............................................
0.00%
5/15/2029
3,883
Sierra
Timeshare
Conduit
Receivables
Funding
LLC
266,916
Series
2023-2A-D
(a)
...................................................
9.72%
4/20/2040
278,594
SOFI
Alternative
Trust
55,000
Series
2021-2-R1
(a)(b)(c)
.................................................
0.00%
8/15/2030
158,391
SOFI
Professional
Loan
Program
LLC
100,000
Series
2018-C-R1
(a)(b)(c)
................................................
0.00%
1/25/2048
802,705
Switch
Ltd.
1,000,000
Series
2024-2A-C
(a)
...................................................
10.03%
6/25/2054
1,015,644
Uniti
Group
LP
2,000,000
Series
2025-1A-C
(a)
...................................................
9.02%
4/20/2055
2,090,687
Upstart
Securitization
Trust
242,889
Series
2022-4-B
(a)
....................................................
8.68%
8/20/2032
243,961
Vital
Care
Issuer
LLC
2,992,500
Series
2025-1A-A2
(a)
..................................................
6.74%
1/30/2056
3,008,144
Walker
Parent,
Inc.
297,750
Series
2024-1A-A2
(a)
..................................................
6.58%
11/20/2054
299,873
Willis
Lease
Finance
Corp.
254,728
Series
2020-A-C
(a)
....................................................
6.66%
3/15/2045
252,354
344,329
Series
2021-A-C
(a)
....................................................
7.39%
5/15/2046
339,067
Total
Asset
Backed
Obligations
(Cost
$21,073,289)
21,799,915
BANK
LOANS
-
27.6%
1261229
BC
Ltd.
6,692,400
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
6.25%,
0.00%
Floor)
.........
9.92%
10/8/2030
6,505,214
Acrisure
LLC
3,745,542
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.92%
6/21/2032
3,396,270
ADMI
Corp.
5,651,614
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.75%,
0.00%
Floor)
.........
9.42%
12/23/2027
5,330,178
Alera
Group,
Inc.
3,570,000
Senior
Secured
Second
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.50%,
0.00%
Floor)
......
9.18%
5/31/2033
3,407,868
Applied
Systems,
Inc.
3,485,000
Senior
Secured
Second
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
......
8.20%
2/23/2032
3,452,328
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
2
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
Apro
LLC
3,620,586
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.43%
7/9/2031
3,631,140
Asurion
LLC
806,636
Senior
Secured
Second
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.25%,
0.00%
Floor)
......
9.18%
1/22/2029
799,376
Atlas
OpCo
LLC
264,168
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
6.50%,
0.00%
Floor)
.........
10.30%
10/24/2030
237,751
Aveanna
Healthcare
LLC
7,054,550
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.00%,
0.00%
Floor)
.........
6.87%
9/17/2032
7,092,609
Bausch
+
Lomb
Corp.
11,995,885
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.42%
1/15/2031
12,039,370
Boxer
Parent
Co.,
Inc.
10,120,000
Senior
Secured
Second
Lien
Term
Loan
(3
mo.
Term
SOFR
+
5.75%,
0.00%
Floor)
......
9.42%
7/30/2032
8,707,400
Calcasieu
Pass
Funding
LLC
2,655,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.95%
4/11/2033
2,665,886
Central
Parent
LLC
1,948,681
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.95%
7/6/2029
1,011,853
Clydesdale
Acquisition
Holdings,
Inc.
3,810,378
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.92%
4/1/2032
3,669,070
Columbus
McKinnon
Corp./NY
4,798,858
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
7.20%
2/3/2033
4,795,858
Cornerstone
Building
Brands,
Inc.
1,387,411
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
7.02%
4/12/2028
853,258
1,306,725
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.17%
5/15/2031
678,190
Cotiviti,
Inc.
2,009,886
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
2.75%,
0.00%
Floor)
.........
6.41%
5/1/2031
1,843,447
Crown
Finance
US,
Inc.
10,527,946
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.17%
12/2/2031
10,568,952
Dayforce
Bidco
LLC
7,415,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.00%,
0.00%
Floor)
.........
6.66%
2/4/2033
6,782,649
DexKo
Global,
Inc.
1,717,145
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.16%
10/9/2031
1,668,086
1,649,091
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.00%,
0.00%
Floor)
.........
8.66%
10/9/2031
1,605,283
DG
Investment
Intermediate
Holdings
2,
Inc.
10,800,000
Senior
Secured
Second
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.50%,
0.00%
Floor)
......
9.17%
7/29/2033
10,894,500
Directv
Financing
LLC
7,963,017
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
5.25%,
0.00%
Floor)
.........
9.18%
8/2/2029
8,017,802
Eagle
Parent
Corp.
9,327,468
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
7.95%
4/2/2029
9,395,092
Edelman
Financial
Engines
Center
LLC
11,115,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.65%
11/28/2031
11,159,293
Eisner
Advisory
Group
LLC
3,657,993
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.67%
2/28/2031
3,600,343
Element
Materials
Technology
Group
US
Holdings,
Inc.
603,219
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
7.20%
6/25/2029
607,239
Ellucian
Holdings,
Inc.
1,485,000
Senior
Secured
Second
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.75%,
0.00%
Floor)
......
8.42%
11/22/2032
1,437,799
Fertitta
Entertainment
LLC/NV
4,136,726
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.92%
1/29/2029
4,137,181
Flynn
America
LP
3,070,750
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.28%
7/31/2028
3,063,073
Gainwell
Acquisition
Corp.
9,364,201
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.80%
10/1/2027
9,239,376
Golden
State
Foods
LLC
2,455,461
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
7.20%
12/4/2031
2,462,495
Groupe
Solmax,
Inc.
2,801,082
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.75%,
0.00%
Floor)
.........
8.53%
7/24/2028
2,599,586
Hexion
Holdings
Corp.
3,710,241
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.67%
3/15/2029
3,594,296
INEOS
US
Finance
LLC
7,851,017
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.92%
2/19/2030
7,250,414
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
3
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
INEOS
US
Petrochem
LLC
2,482,850
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
8.02%
3/29/2029
2,196,553
9,541,999
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
7.92%
10/7/2031
8,057,073
ION
Platform
Finance
US,
Inc.
7,745,588
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.45%
9/30/2032
5,605,869
LBM
Acquisition
LLC
9,410,185
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.52%
6/6/2031
7,918,012
Lereta
LLC
1,081,710
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.25%,
0.00%
Floor)
.........
9.03%
8/7/2028
1,022,216
LifePoint
Health,
Inc.
658,300
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
7.15%
5/19/2031
647,771
3,579,248
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.42%
5/19/2031
3,530,624
Mativ
Holdings,
Inc.
4,930,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.16%
4/4/2033
4,942,325
MH
Sub
I
LLC
9,178,672
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
7.92%
12/31/2031
7,978,561
Michaels
Cos.,
Inc.
5,493,000
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
5.00%,
0.00%
Floor)
.........
8.67%
3/7/2033
5,477,208
Mitchell
International,
Inc.
8,460,000
Senior
Secured
Second
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.25%,
0.00%
Floor)
......
8.92%
6/17/2032
7,812,810
MLN
US
Holdco
LLC
50,572
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
2.00%,
0.00%
Floor)
.........
6.00%
6/20/2030
22,757
Motion
Finco
Sarl
8,335,379
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
7.20%
11/30/2029
7,130,208
Natgasoline
LLC
4,998,838
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.50%,
0.00%
Floor)
.........
9.17%
3/29/2030
5,011,335
Needle
Holdings
LLC
3,052
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
9.50%,
0.00%
Floor)
(b)(d)
......
0.00%
4/28/2028
–
Nouryon
Finance
BV
1,405,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
0.00%
7/31/2031
1,407,051
Numericable
US
LLC
5,561,069
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
6.88%,
0.00%
Floor)
.........
10.55%
5/15/2031
5,688,973
OAK-Eagle
Acquireco,
Inc.
5,230,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
0.00%
3/24/2033
5,248,776
OEP
Glass
Purchaser
LLC
3,930,250
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.70%
3/2/2033
3,927,813
OneDigital
Borrower
LLC
6,665,000
Senior
Secured
Second
Lien
Term
Loan
(1
mo.
Term
SOFR
+
5.25%,
0.00%
Floor)
......
8.92%
7/2/2032
6,465,050
Ontario
Gaming
GTA
LP
7,250,027
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
7.95%
8/1/2030
6,922,362
PetSmart
LLC
5,560,513
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.67%
8/18/2032
5,561,680
Pioneer
Opco,
LLC
1,305,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.25%,
0.00%
Floor)
.........
6.88%
5/16/2033
1,311,642
Pretzel
Parent
T/L
B
9,506,573
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
(e)
.......
8.17%
10/1/2031
9,093,037
Radiology
Partners,
Inc.
9,428,750
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.20%
6/30/2032
9,438,556
RealPage,
Inc.
3,653,750
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.45%
4/24/2028
3,444,956
Sabre
GLBL,
Inc.
1,794,139
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
6.00%,
0.00%
Floor)
.........
9.77%
11/15/2029
1,609,343
Sgh2
LLC
5,682,063
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.50%,
0.00%
Floor)
.........
8.20%
8/18/2032
5,689,165
Staples,
Inc.
1,675,163
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
5.75%,
0.00%
Floor)
.........
9.41%
9/10/2029
1,560,514
StubHub
Holdco
Sub
LLC
2,654,165
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.75%,
0.00%
Floor)
.........
8.42%
3/15/2030
2,674,894
Sword
Purchaser
LLC
3,430,000
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.66%
4/11/2033
3,351,487
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
4
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
Team
Health
Holdings,
Inc.
5,034,277
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.66%
6/30/2028
5,047,568
Townsquare
Media,
Inc.
7,824,977
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
5.00%,
0.00%
Floor)
.........
8.59%
2/19/2030
5,791,735
Trident
TPI
Holdings,
Inc.
1,261,088
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.45%
9/18/2028
1,212,744
UKG,
Inc.
6,616,667
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
2.50%,
0.00%
Floor)
.........
6.17%
2/10/2031
6,246,729
United
Natural
Foods,
Inc.
2,062,496
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.64%
5/1/2031
2,083,121
Univision
Communications,
Inc.
2,659,646
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
7.28%
1/31/2029
2,645,523
3,007,347
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
7.95%
6/25/2029
3,008,851
Veritiv
Operating
Co.
5,492,601
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
4.00%,
0.00%
Floor)
.........
7.70%
11/29/2030
5,205,145
Vibrantz
Technologies,
Inc.
620,556
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
0.00%
4/30/2030
347,068
1,034,260
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
0.00%
4/30/2030
157,725
Victra
Holdings
LLC
11,673,546
Senior
Secured
First
Lien
Term
Loan
(3
mo.
Term
SOFR
+
3.75%,
0.00%
Floor)
.........
7.45%
3/29/2029
11,571,402
Voyager
Parent
LLC
9,672,433
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
4.25%,
0.00%
Floor)
.........
7.95%
7/1/2032
9,690,424
Zayo
Group
Holdings,
Inc.
1,489,130
Senior
Secured
First
Lien
Term
Loan
(1
mo.
Term
SOFR
+
3.50%,
0.00%
Floor)
.........
0.50%
3/11/2030
1,490,619
Total
Bank
Loans
(Cost
$375,171,351)
363,447,800
COLLATERALIZED
LOAN
OBLIGATIONS
-
5.4%
Basswood
Park
CLO
Ltd.
500,000
Series
2021-1A-DR
(3
mo.
Term
SOFR
+
2.65%,
2.65%
Floor)
(a)
...................
6.33%
4/20/2034
469,535
Canyon
Capital
CLO
Ltd.
2,500,000
Series
2016-1A-ER
(3
mo.
Term
SOFR
+
6.01%,
0.00%
Floor)
(a)
....................
9.68%
7/15/2031
2,263,765
6,650,000
Series
2017-1A-E
(3
mo.
Term
SOFR
+
6.51%,
0.00%
Floor)
(a)
.....................
10.18%
7/15/2030
6,650,332
2,500,000
Series
2018-1A-E
(3
mo.
Term
SOFR
+
6.01%,
5.75%
Floor)
(a)
.....................
9.68%
7/15/2031
2,500,125
1,000,000
Series
2021-1A-E
(3
mo.
Term
SOFR
+
6.67%,
6.41%
Floor)
(a)
.....................
10.34%
4/15/2034
874,327
6,000,000
Series
2021-2A-E
(3
mo.
Term
SOFR
+
6.96%,
6.96%
Floor)
(a)
.....................
10.63%
4/15/2034
5,198,923
Carlyle
Global
Market
Strategies
3,000,000
Series
2019-1A-DR2
(3
mo.
Term
SOFR
+
6.25%,
6.25%
Floor)
(a)
...................
9.93%
4/20/2031
2,944,120
Dryden
Senior
Loan
Fund
3,000,000
Series
2015-37A-ER
(3
mo.
Term
SOFR
+
5.41%,
5.15%
Floor)
(a)
...................
9.08%
1/15/2031
2,781,073
2,500,000
Series
2018-55A-F
(3
mo.
Term
SOFR
+
7.46%,
0.00%
Floor)
(a)
....................
11.13%
4/15/2031
1,280,491
Halcyon
Loan
Advisors
Funding
Ltd.
982,882
Series
2014-2A-D
(3
mo.
Term
SOFR
+
5.26%,
0.00%
Floor)
(a)(f)
....................
8.93%
4/28/2025
94,321
1,670,971
Series
2014-2A-E
(3
mo.
Term
SOFR
+
6.01%,
0.00%
Floor)
(a)(f)
....................
9.68%
4/28/2025
167
Lake
George
Park
CLO
Ltd.
1,000,000
Series
2025-1A-E
(3
mo.
Term
SOFR
+
4.60%,
4.60%
Floor)
(a)
.....................
8.27%
4/15/2038
961,529
LCM
LP
3,823,512
Series
14A-FR
(3
mo.
Term
SOFR
+
7.87%,
0.00%
Floor)
(a)
.......................
11.55%
7/20/2031
22,719
5,000,000
Series
17A-ER
(3
mo.
Term
SOFR
+
6.26%,
6.00%
Floor)
(a)
.......................
9.93%
10/15/2031
2,561,987
6,500,000
Series
26A-E
(3
mo.
Term
SOFR
+
5.56%,
5.30%
Floor)
(a)
........................
9.24%
1/20/2031
3,465,922
2,000,000
Series
28A-E
(3
mo.
Term
SOFR
+
6.01%,
5.75%
Floor)
(a)
........................
9.69%
10/20/2030
839,459
1,500,000
Series
33A-D
(3
mo.
Term
SOFR
+
3.46%,
3.20%
Floor)
(a)
........................
7.14%
7/20/2034
1,438,391
Madison
Park
Funding
Ltd.
11,000,000
Series
2014-14A-ER
(3
mo.
Term
SOFR
+
6.06%,
5.80%
Floor)
(a)
...................
9.73%
10/22/2030
10,247,752
Magnetite
CLO
Ltd.
500,000
Series
2022-33A-ER
(3
mo.
Term
SOFR
+
5.55%,
5.55%
Floor)
(a)
...................
9.23%
10/20/2037
490,594
Octagon
Investment
Partners
Ltd.
8,750,000
Series
2013-1A-ER
(3
mo.
Term
SOFR
+
6.01%,
5.75%
Floor)
(a)
....................
9.69%
7/17/2030
7,533,064
2,000,000
Series
2016-1A-FR
(3
mo.
Term
SOFR
+
8.35%,
8.35%
Floor)
(a)
....................
12.02%
7/15/2030
53,916
2,000,000
Series
2019-3A-ERR
(3
mo.
Term
SOFR
+
7.53%,
7.53%
Floor)
(a)
..................
11.20%
7/15/2037
1,976,893
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
5
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
Sound
Point
CLO
Ltd.
2,400,000
Series
2019-2A-ER
(3
mo.
Term
SOFR
+
6.73%,
6.47%
Floor)
(a)
....................
10.40%
7/15/2034
1,931,701
500,000
Series
2020-2A-ER
(3
mo.
Term
SOFR
+
6.82%,
6.56%
Floor)
(a)
....................
10.49%
10/25/2034
412,013
2,000,000
Series
2021-3A-E
(3
mo.
Term
SOFR
+
6.87%,
6.61%
Floor)
(a)
.....................
10.54%
10/25/2034
1,460,014
Venture
CDO
Ltd.
2,454,471
Series
2017-26A-E
(3
mo.
Term
SOFR
+
7.06%,
0.00%
Floor)
(a)
....................
10.74%
1/20/2029
1,049,050
4,000,000
Series
2017-27A-E
(3
mo.
Term
SOFR
+
6.61%,
0.00%
Floor)
(a)
....................
10.29%
7/20/2030
1,794,084
Voya
CLO
Ltd.
1,500,000
Series
2017-1A-D
(3
mo.
Term
SOFR
+
6.36%,
0.00%
Floor)
(a)
.....................
10.04%
4/17/2030
1,486,096
1,000,000
Series
2018-2A-E
(3
mo.
Term
SOFR
+
5.51%,
5.25%
Floor)
(a)
.....................
9.18%
7/15/2031
895,966
1,000,000
Series
2018-2A-F
(3
mo.
Term
SOFR
+
7.55%,
7.29%
Floor)
(a)
.....................
11.22%
7/15/2031
198,733
Wind
River
CLO
Ltd.
3,500,000
Series
2014-2A-ER
(3
mo.
Term
SOFR
+
6.01%,
5.75%
Floor)
(a)
....................
9.68%
1/15/2031
3,081,186
2,000,000
Series
2014-3A-ER2
(3
mo.
Term
SOFR
+
6.48%,
6.22%
Floor)
(a)
...................
10.15%
10/22/2031
1,752,694
3,000,000
Series
2017-3A-ER
(3
mo.
Term
SOFR
+
7.31%,
7.05%
Floor)
(a)
....................
10.98%
4/15/2035
2,881,847
Total
Collateralized
Loan
Obligations
(Cost
$97,017,725)
71,592,789
FOREIGN
CORPORATE
BONDS
-
28.1%
14,407,320
Alpha
Holding
SA
de
CV
(d)(f)
.............................................
10.00%
12/19/2022
129,666
376,662
Alpha
Holding
SA
de
CV
(a)(d)(f)
............................................
10.00%
12/19/2022
3,390
5,939,205
Alpha
Holding
SA
de
CV
(d)(f)
.............................................
9.00%
2/10/2025
53,453
12,208,365
Alpha
Holding
SA
de
CV
(a)(d)(f)
............................................
9.00%
2/10/2025
109,875
3,048,783
Altice
France
SA
(a)
....................................................
6.88%
7/15/2032
2,959,896
8,150,000
Avianca
Midco
2
PLC
.................................................
9.63%
2/14/2030
8,083,524
4,200,000
Avianca
Midco
2
PLC
(a)
................................................
9.50%
1/28/2031
4,140,150
9,850,000
Azul
Secured
Finance
LLP
(a)
.............................................
9.88%
2/15/2031
9,446,035
4,000,000
Azule
Energy
Finance
PLC
.............................................
8.63%
1/22/2033
4,007,154
2,500,000
Azule
Energy
Finance
PLC
(a)
............................................
8.63%
1/22/2033
2,504,471
7,300,000
Banco
Davivienda
SA
(10
yr.
CMT
Rate
+
5.10%)
(g)
.............................
6.65%
4/22/2031
6,749,059
5,350,000
Banco
Mercantil
del
Norte
SA/Grand
Cayman
(10
yr.
CMT
Rate
+
4.30%)
(a)(g)
...........
8.75%
5/20/2035
5,533,398
2,700,000
Banco
Mercantil
del
Norte
SA/Grand
Cayman
(5
yr.
CMT
Rate
+
4.01%)
(a)(g)
............
8.45%
6/24/2036
2,706,543
1,450,000
Bausch
Health
Cos.,
Inc.
(a)
..............................................
5.25%
1/30/2030
929,099
14,000,000
BRF
SA
...........................................................
5.75%
9/21/2050
10,892,923
4,730,000
Cosan
Overseas
Ltd.
(g)
................................................
8.25%
8/5/2026
4,687,430
4,400,000
CSN
Resources
SA
...................................................
8.88%
12/5/2030
3,289,814
11,000,000
CSN
Resources
SA
...................................................
4.63%
6/10/2031
6,796,941
7,500,000
CSN
Resources
SA
...................................................
5.88%
4/8/2032
4,631,287
4,121,146
Digicel
Group
Holdings
Ltd.
(a)(b)(d)
..........................................
0.00%
12/31/2030
29,527
8,270,632
Digicel
Group
Holdings
Ltd.
(a)(b)(d)
..........................................
0.00%
12/31/2030
415,873
775,000
EG
Global
Finance
PLC
(a)
..............................................
12.00%
11/30/2028
823,475
3,900,000
EnfraGen
Energia
Sur
SAU/
EnfraGen
Chile
SpA/
EnfraGen
Spain
SAU
(a)
.............
8.50%
6/30/2032
4,075,500
4,040,000
Fideicomiso
Irrevocable
de
Administracion
y
Fuente
de
Pago
Numero
CIB/4323
(2.00%
PIK)
(a)(d)
.......................................................
11.00%
9/12/2030
1,752,350
5,662,760
Fideicomiso
PA
Pacifico
Tres
............................................
8.25%
1/15/2035
5,796,401
6,200,000
FS
Luxembourg
Sarl
(a)
.................................................
8.63%
6/25/2033
5,938,856
8,600,000
FS
Luxembourg
Sarl
(a)
.................................................
8.13%
2/11/2036
7,811,165
5,995,000
Garda
World
Security
Corp.
(a)
............................................
8.25%
8/1/2032
6,140,289
3,700,000
Garda
World
Security
Corp.
(a)
............................................
8.38%
11/15/2032
3,788,889
12,293,000
Geopark
Ltd.
.......................................................
8.75%
1/31/2030
12,200,903
7,120,000
Global
Aircraft
Leasing
Co.
Ltd.
(a)
.........................................
8.75%
9/1/2027
7,245,291
12,755,000
Gran
Tierra
Energy,
Inc.
(a)
...............................................
9.75%
4/15/2031
11,201,592
7,550,000
Grupo
Televisa
SAB
..................................................
5.00%
5/13/2045
5,169,333
7,550,000
Grupo
Televisa
SAB
..................................................
5.25%
5/24/2049
5,165,068
14,448,000
Indika
Energy
Tbk
PT
.................................................
8.75%
5/7/2029
14,613,352
7,500,000
J&F
Luxembourg
Finance
Sarl
(a)
..........................................
8.50%
12/1/2032
7,481,250
17,360,000
Mexarrend
SAPI
de
CV
(a)(d)(f)
.............................................
10.25%
7/24/2024
104,160
7,600,000
Mexarrend
SAPI
de
CV
(d)(f)
..............................................
10.25%
7/24/2024
45,600
8,200,000
Mongolian
Mining
Corp.
................................................
8.44%
4/3/2030
8,366,817
9,500,000
Motion
Finco
Sarl
(a)
...................................................
8.38%
2/15/2032
8,030,976
5,800,000
Ontario
Gaming
GTA
LP/OTG
Co.-Issuer,
Inc.
(a)
...............................
8.00%
8/1/2030
5,751,033
7,665,000
Operadora
de
Servicios
Mega
SA
de
CV
Sofom
ER
(d)(f)
..........................
8.25%
2/11/2025
65,152
14,325,000
Operadora
de
Servicios
Mega
SA
de
CV
Sofom
ER
(a)(d)(f)
.........................
8.25%
2/11/2025
121,762
25,800,000
Orbia
Advance
Corp.
SAB
de
CV
.........................................
5.50%
1/15/2048
19,397,965
4,160,000
Pampa
Energia
SA
(a)
..................................................
7.75%
11/14/2037
4,262,336
5,340,000
Pampa
Energia
SA
...................................................
7.75%
11/14/2037
5,471,364
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
6
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
6,700,000
Pan
American
Energy
LLC/Argentina
(a)
.....................................
7.75%
1/15/2037
6,926,125
2,600,000
Parex
Resources,
Inc.
(a)
................................................
8.50%
5/11/2031
2,642,898
15,000,000
Prosus
NV
.........................................................
3.83%
2/8/2051
10,025,887
6,600,000
Saavi
Energia
Sarl
...................................................
8.88%
2/10/2035
7,228,650
5,400,000
Saavi
Energia
Sarl
(a)
..................................................
8.88%
2/10/2035
5,914,350
1,330,000
Seaspan
Corp.
(a)
.....................................................
5.50%
8/1/2029
1,305,891
8,200,000
SierraCol
Energy
Andina
LLC/SierraCol
Energy
Arauca/Colombia
Energy
Development
(a)
..
9.00%
11/14/2030
8,064,167
2,750,000
SierraCol
Energy
Andina
LLC/SierraCol
Energy
Arauca/Colombia
Energy
Development
...
9.00%
11/14/2030
2,704,446
20,650,000
Simpar
Europe
SA
...................................................
5.20%
1/26/2031
17,304,081
15,000,000
Telecom
Argentina
SA
(a)
................................................
8.50%
1/20/2036
15,711,502
2,080,923
Unigel
Luxembourg
SA
(13.50%
Cash
or
15.00%
PIK)
(d)
.........................
13.50%
12/31/2027
124,855
1,481,647
Unigel
Luxembourg
SA
(13.50%
Cash
or
15.00%
PIK)
(a)(d)
........................
13.50%
12/31/2027
88,899
7,668,945
Unigel
Luxembourg
SA
(11.00%
Cash
or
12.00%
PIK)
(d)
.........................
11.00%
12/31/2028
230,068
1,783,471
Unigel
Luxembourg
SA
(11.00%
Cash
or
12.00%
PIK)
(a)(d)
........................
11.00%
12/31/2028
53,504
10,018,211
Unigel
Netherlands
Holding
Corp.
BV
(15.00%
Cash
or
15.00%
PIK)
(d)
...............
15.00%
12/31/2044
200,364
17,200,000
Vamos
Europe
SA
(a)
..................................................
9.20%
1/26/2031
16,403,640
16,300,000
Vedanta
Resources
Finance
II
PLC
(a)
.......................................
9.13%
10/15/2032
16,746,742
2,700,000
Vedanta
Resources
Finance
II
PLC
........................................
9.85%
4/24/2033
2,929,512
12,010,000
Vista
Energy
Argentina
SAU
(a)
...........................................
8.50%
6/10/2033
12,820,075
7,630,000
Volcan
Cia
Minera
SAA
(a)
...............................................
8.50%
10/28/2032
7,908,114
2,100,000
VZ
Secured
Financing
BV
(a)
.............................................
7.50%
1/15/2033
2,011,834
4,440,150
Yinson
Bergenia
Production
BV
(a)
.........................................
8.50%
1/31/2045
4,746,523
Total
Foreign
Corporate
Bonds
(Cost
$461,254,038)
371,012,514
FOREIGN
GOVERNMENT
BONDS,
FOREIGN
AGENCIES
AND
FOREIGN
GOVERNMENT
SPONSORED
CORPORATIONS
-
14.9%
26,500,000
Brazilian
Government
International
Bond
....................................
4.75%
1/14/2050
19,663,000
11,100,000
Chile
Government
International
Bond
......................................
3.10%
1/22/2061
6,974,130
9,900,000
Colombia
Government
International
Bond
...................................
5.00%
6/15/2045
7,929,405
12,000,000
Colombia
Government
International
Bond
...................................
4.13%
5/15/2051
8,235,000
20,000,000
Comision
Federal
de
Electricidad
.........................................
4.68%
2/9/2051
14,491,408
1,200,000
Corp.
Nacional
del
Cobre
de
Chile
........................................
3.70%
1/30/2050
840,810
8,950,000
Corp.
Nacional
del
Cobre
de
Chile
........................................
3.15%
1/15/2051
5,746,744
6,500,000
Ecopetrol
SA
.......................................................
5.88%
5/28/2045
5,373,833
25,000,000
Ecopetrol
SA
.......................................................
5.88%
11/2/2051
20,056,790
26,100,000
Mexico
Government
International
Bond
.....................................
3.77%
5/24/2061
15,712,200
5,300,000
Mexico
Government
International
Bond
.....................................
3.75%
4/19/2071
3,058,100
14,200,000
Morocco
Government
International
Bond
....................................
4.00%
12/15/2050
10,259,839
5,400,000
OCP
SA
...........................................................
5.13%
6/23/2051
4,378,070
2,750,000
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara
....................
4.00%
6/30/2050
1,916,171
23,000,000
Peruvian
Government
International
Bond
....................................
2.78%
12/1/2060
12,613,200
9,100,000
Petroleos
del
Peru
SA
.................................................
5.63%
6/19/2047
6,512,461
15,600,000
Petroleos
Mexicanos
..................................................
6.38%
1/23/2045
13,309,309
10,200,000
Petroleos
Mexicanos
..................................................
6.75%
9/21/2047
8,738,646
4,853,333
Port
Of
Spain
Waterfront
Development
(a)
....................................
7.88%
2/19/2040
5,081,440
6,440,000
Port
Of
Spain
Waterfront
Development
.....................................
7.88%
2/19/2040
6,742,680
1,900,000
Republic
of
South
Africa
Government
International
Bond
.........................
5.00%
10/12/2046
1,493,159
4,950,000
YPF
SA
(a)
..........................................................
8.25%
1/17/2034
5,185,318
12,199,000
YPF
SA
...........................................................
7.00%
12/15/2047
11,440,754
Total
Foreign
Government
Bonds,
Foreign
Agencies
and
Foreign
Government
Sponsored
Corporations
(Cost
$207,018,217)
195,752,467
NON-AGENCY
COMMERCIAL
MORTGAGE
BACKED
OBLIGATIONS
-
11.9%
1345
Trust
1,740,000
Series
2025-AOA-D
(1
mo.
Term
SOFR
+
3.00%,
3.00%
Floor)
(a)
...................
6.63%
6/15/2042
1,745,440
Acore
Issuer
LLC
625,000
Series
2026-FL1-C
(1
mo.
Term
SOFR
+
2.10%,
2.10%
Floor)
(a)
....................
5.74%
8/20/2043
626,559
250,000
Series
2026-FL1-D
(1
mo.
Term
SOFR
+
2.75%,
2.75%
Floor)
(a)
....................
6.39%
8/20/2043
250,624
ACREC
Trust
2,070,000
Series
2021-FL1-D
(1
mo.
Term
SOFR
+
2.76%,
2.65%
Floor)
(a)
....................
6.40%
10/16/2036
2,073,643
2,240,000
Series
2026-FL4-D
(1
mo.
Term
SOFR
+
2.40%,
2.40%
Floor)
(a)
....................
6.04%
1/18/2043
2,237,464
ARDN
Mortgage
Trust
1,800,000
Series
2025-ARCP-E
(1
mo.
Term
SOFR
+
4.50%,
4.50%
Floor)
(a)
..................
8.13%
6/15/2035
1,805,164
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
7
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
AREIT
Trust
1,300,000
Series
2022-CRE6-E
(30
day
avg
SOFR
US
+
3.40%,
3.40%
Floor)
(a)
................
7.01%
1/20/2037
1,300,441
1,500,000
Series
2022-CRE7-D
(1
mo.
Term
SOFR
+
4.44%,
4.44%
Floor)
(a)
..................
8.08%
6/17/2039
1,504,488
2,560,000
Series
2025-CRE10-D
(1
mo.
Term
SOFR
+
2.79%,
2.79%
Floor)
(a)
.................
6.43%
1/17/2030
2,548,483
BANK
1,697,000
Series
2026-BNK52-D
(a)
................................................
4.50%
6/15/2036
1,259,073
BANK5
Trust
71,528,879
Series
2023-5YR4-XA
(h)(i)
...............................................
1.26%
12/15/2056
1,384,835
1,459,000
Series
2026-5YR20-D
(a)
................................................
4.50%
2/15/2059
1,234,715
Barclays
Commercial
Mortgage
Trust
1,350,000
Series
2025-5C34-D
(a)
.................................................
4.25%
5/15/2058
1,179,740
1,414,000
Series
2026-5C41-C
(i)
.................................................
5.99%
5/15/2069
1,419,704
BDS
Ltd.
2,600,000
Series
2025-FL15-E
(1
mo.
Term
SOFR
+
3.15%,
3.15%
Floor)
(a)
...................
6.79%
3/19/2043
2,599,672
Beast
Mortgage
Trust
6,325,000
Series
2021-1818-G
(1
mo.
Term
SOFR
+
6.11%,
6.25%
Floor)
(a)
...................
9.74%
3/15/2036
213,254
Benchmark
Mortgage
Trust
2,905,000
Series
2024-V10-D
(a)
..................................................
4.50%
9/15/2057
2,640,277
1,717,000
Series
2026-B43-C
(i)
..................................................
6.09%
4/15/2063
1,715,772
1,811,000
Series
2026-V20-D
(a)
..................................................
4.50%
2/15/2059
1,554,459
BrightSpire
Capital,
Inc.
3,363,000
Series
2024-FL2-C
(1
mo.
Term
SOFR
+
3.54%,
3.54%
Floor)
(a)
....................
7.18%
8/19/2037
3,362,519
2,410,000
Series
2026-FL3-D
(1
mo.
Term
SOFR
+
2.85%,
2.85%
Floor)
(a)
....................
6.49%
8/19/2043
2,418,871
BSPRT
Co-Issuer
LLC
1,535,000
Series
2024-FL11-C
(1
mo.
Term
SOFR
+
2.64%,
2.64%
Floor)
(a)
...................
6.27%
7/15/2039
1,532,651
1,400,000
Series
2025-FL12-D
(1
mo.
Term
SOFR
+
2.70%,
2.70%
Floor)
(a)
...................
6.33%
1/17/2043
1,404,943
BX
Trust
1,825,000
Series
2019-IMC-D
(1
mo.
Term
SOFR
+
1.95%,
1.90%
Floor)
(a)
....................
5.57%
4/15/2034
1,817,280
1,751,085
Series
2025-LUNR-E
(1
mo.
Term
SOFR
+
3.95%,
3.95%
Floor)
(a)
..................
7.58%
6/15/2040
1,759,721
2,236,375
Series
2025-ROIC-E
(1
mo.
Term
SOFR
+
2.94%,
2.94%
Floor)
(a)
...................
6.57%
3/15/2030
2,240,848
800,000
Series
2026-ALOHA-E
(1
mo.
Term
SOFR
+
2.95%,
2.95%
Floor)
(a)
.................
6.58%
4/15/2043
803,314
695,081
Series
2026-CIP-E
(1
mo.
Term
SOFR
+
3.10%,
3.10%
Floor)
(a)
....................
6.73%
5/15/2038
702,334
1,180,000
Series
2026-CSMO-D
(1
mo.
Term
SOFR
+
2.45%,
2.45%
Floor)
(a)
..................
6.08%
2/15/2043
1,195,118
1,202,575
Series
2026-XL6-E
(1
mo.
Term
SOFR
+
3.00%,
3.00%
Floor)
(a)
....................
6.63%
3/15/2043
1,215,693
Cantor
Commercial
Real
Estate
Lending
LP
10,200,000
Series
2019-CF2-SWX1
(a)(h)(i)
............................................
1.45%
11/15/2052
373,676
12,080,000
Series
2019-CF2-SWX2
(a)(h)(i)
............................................
1.19%
11/15/2052
350,849
Citigroup
Commercial
Mortgage
Trust
27,033,442
Series
2014-GC25-XG
(a)(h)(i)
.............................................
1.07%
10/10/2047
573
Commercial
Mortgage
Pass
Through
Certificates
14,000
Series
2014-UBS4-V
(a)(b)(i)
...............................................
0.00%
8/10/2047
0
18,438,000
Series
2015-CR26-XD
(a)(h)(i)
..............................................
1.59%
10/10/2048
675
DOLP
Trust
3,430,000
Series
2021-NYC-G
(a)(i)
................................................
3.70%
5/10/2041
2,647,228
ELP
Commercial
Mortgage
Trust
1,480,000
Series
2025-ELP-E
(a)(i)
.................................................
6.67%
11/13/2042
1,488,663
Extended
Stay
America
Trust
843,228
Series
2026-ESH2-E
(1
mo.
Term
SOFR
+
2.90%,
2.90%
Floor)
(a)
..................
6.53%
2/15/2043
853,965
430,983
Series
2026-ESH2-F
(1
mo.
Term
SOFR
+
3.75%,
3.75%
Floor)
(a)
...................
7.38%
2/15/2043
436,986
FIVE
Mortgage
Trust
1,433,000
Series
2023-V1-D
(a)(i)
..................................................
6.56%
2/10/2056
1,373,700
FS
Rialto
750,000
Series
2024-FL9-D
(1
mo.
Term
SOFR
+
3.94%,
3.94%
Floor)
(a)
....................
7.58%
10/19/2039
748,502
1,530,000
Series
2025-FL10-D
(1
mo.
Term
SOFR
+
2.70%,
2.70%
Floor)
(a)
...................
6.33%
8/19/2042
1,534,610
2,980,000
Series
2026-FL11-D
(1
mo.
Term
SOFR
+
2.65%,
2.65%
Floor)
(a)
...................
6.29%
1/19/2044
2,989,190
Great
Wolf
Trust
5,000,000
Series
2024-WLF2-E
(1
mo.
Term
SOFR
+
3.64%)
(a)
............................
7.26%
5/15/2041
4,992,481
GS
Mortgage
Securities
Corp.
II
723,801
Series
2014-GC20-E
(a)(b)(i)
...............................................
4.60%
4/10/2047
148,332
2,642,723
Series
2015-GC28-D
(a)(i)
................................................
4.57%
2/10/2048
2,539,693
INCREF
LLC
1,770,000
Series
2025-FL1-D
(1
mo.
Term
SOFR
+
4.19%,
4.19%
Floor)
(a)
....................
7.83%
10/19/2042
1,810,907
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
8
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
2,230,000
Series
2026-FL2-D
(1
mo.
Term
SOFR
+
2.60%,
2.60%
Floor)
(a)
....................
6.27%
12/19/2043
2,237,787
JPMBB
Commercial
Mortgage
Securities
Trust
43,683,315
Series
2013-C14-XC
(a)(h)(i)
...............................................
0.57%
8/15/2046
111,637
6,666,047
Series
2014-C19-NR
(a)(b)(i)
...............................................
3.75%
4/15/2047
3,150,383
28,742,215
Series
2014-C21-XD
(a)(h)(i)
...............................................
0.73%
8/15/2047
408
5,000,000
Series
2015-C27-E
(a)(b)(i)
................................................
2.81%
2/15/2048
112,500
24,531,000
Series
2015-C27-XE
(a)(h)(i)
...............................................
1.65%
2/15/2048
989
KREF
3,350,000
Series
2021-FL2-C
(1
mo.
Term
SOFR
+
2.11%,
2.00%
Floor)
(a)
....................
5.75%
2/15/2039
3,352,178
LoanCore
3,000,000
Series
2021-CRE6-D
(1
mo.
Term
SOFR
+
2.96%,
2.85%
Floor)
(a)
..................
6.59%
11/15/2038
3,011,676
1,790,000
Series
2025-CRE8-D
(1
mo.
Term
SOFR
+
2.74%,
2.74%
Floor)
(a)
..................
6.38%
8/17/2042
1,781,472
LSTAR
Commercial
Mortgage
Trust
2,379,000
Series
2017-5-C
(a)(i)
...................................................
4.83%
3/10/2050
2,246,928
Lument
Finance
Trust,
Inc.
2,290,000
Series
2025-FL3-D
(1
mo.
Term
SOFR
+
3.60%,
3.60%
Floor)
(a)
....................
7.24%
7/21/2043
2,316,317
Madison
Avenue
Trust
1,000,000
Series
2025-11MD-E
(a)(i)
................................................
7.57%
10/15/2042
999,914
MF1
Multifamily
Housing
Mortgage
Loan
Trust
2,750,000
Series
2021-FL7-E
(1
mo.
Term
SOFR
+
2.91%,
2.80%
Floor)
(a)
....................
6.55%
10/16/2036
2,731,627
3,200,000
Series
2024-FL15-D
(1
mo.
Term
SOFR
+
4.04%,
4.04%
Floor)
(a)
...................
7.68%
8/18/2041
3,210,435
1,900,000
Series
2025-FL17-D
(1
mo.
Term
SOFR
+
2.74%,
2.74%
Floor)
(a)
...................
6.38%
2/18/2040
1,907,585
2,590,000
Series
2026-FL21-E
(1
mo.
Term
SOFR
+
3.00%,
3.00%
Floor)
(a)
...................
6.64%
2/18/2041
2,596,457
Morgan
Stanley
Capital
I,
Inc.
13,603
Series
2016-UB11-XA
(h)(i)
...............................................
1.61%
8/15/2049
1
3,357,000
Series
2019-PLND-F
(1
mo.
Term
SOFR
+
2.91%,
2.80%
Floor)
(a)
..................
6.54%
5/15/2036
25,110
13,000,000
Series
2019-PLND-G
(1
mo.
Term
SOFR
+
3.76%,
3.65%
Floor)
(a)
..................
7.39%
5/15/2036
64,805
MTN
Commercial
Mortgage
Trust
1,350,000
Series
2026-LPFX-E
(a)(i)
................................................
6.56%
5/15/2043
1,362,038
Natixis
Commercial
Mortgage
Securities
Trust
1,510,000
Series
2019-10K-E
(a)(i)
.................................................
4.27%
5/15/2039
1,403,634
5,000,000
Series
2022-JERI-G
(1
mo.
Term
SOFR
+
7.61%,
7.46%
Floor)
(a)
...................
11.23%
1/15/2039
2,293,375
NYC
Commercial
Mortgage
Trust
890,000
Series
2025-300P-E
(a)(i)
................................................
7.39%
7/13/2042
899,746
1,980,000
Series
2025-3BP-E
(1
mo.
Term
SOFR
+
3.54%,
3.54%
Floor)
(a)
....................
7.17%
2/15/2042
1,990,176
PFP
III
Ltd.
2,829,311
Series
2024-11-C
(1
mo.
Term
SOFR
+
2.99%,
2.99%
Floor)
(a)
.....................
6.60%
9/17/2039
2,835,533
600,000
Series
2025-12-C
(1
mo.
Term
SOFR
+
2.54%,
2.54%
Floor)
(a)
.....................
6.18%
12/18/2042
603,329
3,000,000
Series
2025-12-D
(1
mo.
Term
SOFR
+
3.09%,
3.09%
Floor)
(a)
.....................
6.73%
12/18/2042
3,012,159
2,800,000
Series
2026-13-D
(1
mo.
Term
SOFR
+
2.40%,
2.40%
Floor)
(a)
.....................
6.04%
8/18/2043
2,806,980
2,050,000
Series
2026-14-E
(1
mo.
Term
SOFR
+
3.00%,
3.00%
Floor)
(a)
.....................
6.65%
12/18/2043
2,055,100
RFR
Trust
1,360,000
Series
2025-SGRM-E
(a)(i)
...............................................
7.51%
3/11/2041
1,374,191
SCOTT
Trust
500,000,000
Series
2023-SFS-X
(a)(h)(i)
................................................
0.32%
3/10/2040
1,232,850
SLG
Office
Trust
890,000
Series
2026-PAT-E
(a)(i)
.................................................
6.92%
2/15/2039
884,643
SMR
Mortgage
Trust
23,625,002
Series
2022-INDI-HRR
(1
mo.
Term
SOFR
+
10.50%,
10.50%
Floor)
................
14.13%
2/15/2039
22,708,092
Starwood
Property
Trust,
Inc.
2,444,000
Series
2025-FL4-D
(1
mo.
Term
SOFR
+
2.65%,
2.65%
Floor)
(a)
....................
6.29%
11/19/2042
2,452,539
TPG
Real
Estate
Finance
Issuer
Ltd.
1,930,000
Series
2025-FL6-D
(1
mo.
Term
SOFR
+
3.00%,
3.00%
Floor)
(a)
....................
6.63%
9/18/2042
1,939,039
VMC
Finance
LLC
2,940,000
Series
2026-FL6-C
(1
mo.
Term
SOFR
+
2.40%,
2.40%
Floor)
(a)
....................
6.04%
11/19/2043
2,947,332
Wells
Fargo
Commercial
Mortgage
Trust
23,520,000
Series
2016-LC24-XEF
(a)(h)(i)
.............................................
1.77%
10/15/2049
68,509
500,000
Series
2025-5C4-D
(a)
..................................................
4.50%
5/15/2058
443,769
1,457,000
Series
2025-5C6-D
(a)
..................................................
4.25%
10/15/2058
1,257,761
WF-RBS
Commercial
Mortgage
Trust
48,047,977
Series
2014-LC14-XC
(a)(h)(i)
..............................................
1.82%
3/15/2047
964,669
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
9
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
WHARF
Trust
1,850,000
Series
2025-DC-E
(a)(i)
..................................................
7.98%
7/15/2040
1,873,576
Total
Non-Agency
Commercial
Mortgage
Backed
Obligations
(Cost
$201,589,589)
157,304,378
NON-AGENCY
RESIDENTIAL
COLLATERALIZED
MORTGAGE
OBLIGATIONS
-
2.6%
Deephaven
Residential
Mortgage
Trust
500,000
Series
2025-INV1-B1
(a)(i)
................................................
6.68%
11/25/2060
498,252
1,547,000
Series
2025-INV1-B2
(a)(i)
................................................
7.22%
11/25/2060
1,529,166
Ellington
Financial
Mortgage
Trust
500,000
Series
2025-INV3-B2
(a)(i)
................................................
7.61%
7/25/2070
492,696
3,519,000
Series
2025-INV4-B1
(a)(i)
................................................
6.84%
10/25/2070
3,510,370
2,159,000
Series
2025-INV4-B2
(a)(i)
................................................
7.57%
10/25/2070
2,132,811
2,500,000
Series
2025-NQM5-B1
(a)(i)
..............................................
6.72%
11/25/2070
2,485,825
2,732,000
Series
2025-NQM5-B2
(a)(i)
..............................................
7.25%
11/25/2070
2,687,793
GS
Mortgage-Backed
Securities
Trust
1,950,000
Series
2025-NQM4-B1
(a)(i)
..............................................
6.77%
10/25/2065
1,941,945
862,000
Series
2025-NQM4-B2
(a)(i)
..............................................
7.14%
10/25/2065
853,403
500,000
Series
2025-NQM5-B1
(a)(i)
..............................................
6.74%
7/25/2065
499,152
1,830,000
Series
2025-NQM5-B2
(a)(i)
..............................................
7.20%
7/25/2065
1,805,658
JP
Morgan
Mortgage
Trust
1,144,000
Series
2025-VIS3-B1
(a)(i)
................................................
6.76%
2/25/2066
1,134,191
784,000
Series
2025-VIS3-B2
(a)(i)
................................................
7.21%
2/25/2066
766,328
Santander
Mortgage
Asset
Receivable
Trust
1,544,000
Series
2025-NQM5-B2
(a)(i)
..............................................
7.23%
8/25/2065
1,502,518
1,000,000
Series
2025-NQM6-B1
(a)(i)
..............................................
6.82%
11/25/2065
991,653
Verus
Securitization
Trust
535,000
Series
2024-6-B2
(a)(i)
..................................................
7.89%
7/25/2069
539,078
1,735,000
Series
2024-INV1-B2
(a)(i)
................................................
8.42%
3/25/2069
1,748,111
589,000
Series
2024-INV2-B2
(a)(i)
................................................
7.90%
8/26/2069
594,408
1,411,000
Series
2025-10-B1
(a)(i)
.................................................
6.48%
6/25/2070
1,402,489
625,000
Series
2025-1-B2
(a)(i)
..................................................
7.34%
1/25/2070
628,037
1,240,000
Series
2025-3-B2
(a)(i)
..................................................
7.49%
5/25/2070
1,244,589
291,000
Series
2025-4-B1
(a)(i)
..................................................
7.45%
5/25/2070
293,345
675,000
Series
2025-5-B2
(a)(i)
..................................................
7.31%
6/25/2070
676,026
680,000
Series
2025-6-B2
(a)(i)
..................................................
7.33%
7/25/2070
681,527
1,575,000
Series
2025-7-B2
(a)(i)
..................................................
7.49%
8/25/2070
1,583,598
1,500,000
Series
2025-8-B2
(a)(i)
..................................................
7.49%
9/25/2070
1,508,594
996,500
Series
2025-9-B2
(a)(i)
..................................................
7.37%
10/27/2070
1,000,193
Total
Non-Agency
Residential
Collateralized
Mortgage
Obligations
(Cost
$34,797,571)
34,731,756
US
CORPORATE
BONDS
-
27.5%
9,050,000
1261229
BC
Ltd.
(a)
...................................................
10.00%
4/15/2032
9,172,229
2,530,000
ADI
Escrow
Issuer
LLC
(a)
...............................................
7.13%
7/15/2034
2,582,608
3,865,000
American
Axle
&
Manufacturing,
Inc.
(a)
......................................
7.75%
10/15/2033
3,820,715
2,620,000
Anywhere
Real
Estate
Group
LLC
/
Realogy
Co.-Issuer
Corp.
(a)
....................
5.75%
1/15/2029
2,607,755
7,020,000
Anywhere
Real
Estate
Group
LLC
/
Realogy
Co.-Issuer
Corp.
(a)
....................
9.75%
4/15/2030
7,575,535
1,590,000
Artera
Services
LLC
(a)
.................................................
8.50%
2/15/2031
1,431,274
1,885,000
Asurion
LLC/
Asurion
Co.-Issuer,
Inc.
(a)
.....................................
8.00%
12/31/2032
1,900,780
3,075,000
AT&T,
Inc.
.........................................................
3.80%
12/1/2057
2,053,889
3,245,000
Bausch
+
Lomb
Corp.
(a)
................................................
8.38%
10/1/2028
3,338,294
2,245,123
Beach
Acquisition
Bidco
LLC
10.75%
PIK
(a)
..................................
10.00%
7/15/2033
2,550,426
1,490,000
Bond
US
Bidco
1,
Inc./Bidco
2/Bidco
3/German
Bidco
1
GmbH/German
Bidco
2
(a)
.......
7.13%
6/15/2033
1,505,387
3,620,000
Brand
Industrial
Services,
Inc.
(a)
..........................................
10.38%
8/1/2030
2,954,459
4,495,000
Castle
US
Holding
Corp.
(a)
..............................................
10.00%
6/30/2031
943,950
7,395,000
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp.
(a)
.............................
7.38%
2/1/2036
7,261,075
2,770,000
Celanese
US
Holdings
LLC
.............................................
7.38%
2/15/2034
2,863,820
2,085,000
Chemours
Co.
(a)
.....................................................
7.88%
3/15/2034
2,097,020
1,680,000
CHS/Community
Health
Systems,
Inc.
(a)
....................................
6.00%
1/15/2029
1,664,342
754,000
CHS/Community
Health
Systems,
Inc.
(a)
....................................
10.88%
1/15/2032
812,956
3,630,000
Cipher
Compute
LLC
(a)
................................................
7.13%
11/15/2030
3,778,004
4,665,000
Cobra
AcquisitionCo
LLC
(a)
..............................................
6.38%
11/1/2029
3,969,079
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
10
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
3,665,000
Columbus
McKinnon
Corp./NY
(a)
..........................................
7.13%
2/1/2033
3,675,735
1,920,000
Cornerstone
Building
Brands,
Inc.
(a)
........................................
9.50%
8/15/2029
1,184,225
5,695,000
Crescent
Energy
Finance
LLC
(a)
..........................................
7.88%
4/15/2032
5,770,003
5,810,000
Dcli
Bidco
LLC
(a)
.....................................................
7.75%
11/15/2029
6,012,577
4,605,000
Dealer
Tire
Financial
LLC
(a)
.............................................
10.38%
10/1/2031
4,591,164
7,780,000
Dealer
Tire
LLC
/
DT
Issuer
LLC
(a)
.........................................
8.00%
2/1/2028
7,801,300
7,033,250
Dexko
Global,
Inc.
(a)
..................................................
7.50%
4/15/2032
5,809,446
4,035,000
Directv
Financing
LLC
(a)
................................................
8.88%
2/1/2030
4,111,637
4,095,000
Directv
Financing
LLC
/
Directv
Financing
Co.-Obligor,
Inc.
(a)
......................
10.00%
2/15/2031
4,252,064
4,625,000
Directv
Financing
LLC
/
Directv
Financing
Co.-Obligor,
Inc.
(a)
......................
9.25%
6/1/2032
4,702,589
9,205,000
Discovery
Global
Holdings,
Inc.
..........................................
5.05%
3/15/2042
6,754,813
2,140,000
DISH
DBS
Corp.
(a)
....................................................
5.75%
12/1/2028
2,074,826
3,620,000
Embarq
LLC
........................................................
8.00%
6/1/2036
1,049,800
6,115,000
Fertitta
Entertainment
LLC
/
Fertitta
Entertainment
Finance
Co.,
Inc.
(a)
................
6.75%
1/15/2030
6,001,238
2,145,000
Flash
Compute
LLC
(a)
.................................................
7.25%
12/31/2030
2,208,219
3,640,000
Freedom
Mortgage
Holdings
LLC
(a)
........................................
8.38%
4/1/2032
3,705,254
3,255,000
Full
House
Resorts,
Inc.
(a)
..............................................
8.25%
2/15/2028
3,189,900
8,260,000
Getty
Images,
Inc.
(a)
..................................................
10.50%
11/15/2030
6,893,824
665,000
GrafTech
Global
Enterprises,
Inc.
(a)
........................................
9.88%
12/23/2029
492,100
1,707,000
Gray
Media,
Inc.
(a)
....................................................
10.50%
7/15/2029
1,802,869
5,315,000
Gray
Media,
Inc.
(a)
....................................................
9.63%
7/15/2032
5,134,449
3,575,000
Gray
Media,
Inc.
(a)
....................................................
7.25%
8/15/2033
3,523,333
1,325,000
Hightower
Holding
LLC
(a)
...............................................
6.75%
4/15/2029
1,326,281
2,715,000
Hightower
Holding
LLC
(a)
...............................................
9.13%
1/31/2030
2,830,037
1,548,000
Illuminate
Buyer
LLC
/
Illuminate
Holdings
IV,
Inc.
(a)
.............................
9.00%
7/1/2028
1,552,167
4,480,000
ION
Platform
Finance
US,
Inc.
(a)
..........................................
7.88%
9/30/2032
3,251,562
6,600,000
ION
Platform
Finance
US,
Inc.
/
ION
Platform
Finance
Sarl
(a)
......................
8.75%
5/1/2029
5,895,500
2,465,000
JetBlue
Airways
Corp.
/
JetBlue
Loyalty
LP
(a)
.................................
9.88%
9/20/2031
2,235,922
1,390,000
K
Hovnanian
Enterprises,
Inc.
(a)
..........................................
8.38%
10/1/2033
1,429,459
2,400,000
Kohl's
Corp.
(a)
.......................................................
10.00%
6/1/2030
2,597,424
8,300,000
Kyndryl
Holdings,
Inc.
.................................................
4.10%
10/15/2041
5,881,727
2,990,000
LBM
Acquisition
LLC
(a)
.................................................
6.25%
1/15/2029
2,175,796
2,535,000
LBM
Acquisition
LLC
(a)
.................................................
9.50%
6/15/2031
2,260,484
2,750,000
LFS
Topco
LLC
(a)
....................................................
8.75%
7/15/2030
2,764,465
6,215,000
LifePoint
Health,
Inc.
(a)
.................................................
10.00%
6/1/2032
6,212,274
1,790,000
LifePoint
Health,
Inc.
(a)
.................................................
7.00%
5/1/2034
1,716,945
3,895,000
Mativ
Holdings,
Inc.
(a)
.................................................
8.00%
10/1/2029
3,871,450
5,100,000
McGraw-Hill
Education,
Inc.
(a)
............................................
5.75%
8/1/2028
5,082,097
4,175,000
Michaels
Cos.,
Inc.
(a)
..................................................
8.50%
3/15/2033
4,137,778
1,840,000
Nabors
Industries,
Inc.
(a)
...............................................
8.88%
8/15/2031
1,890,396
4,085,000
Nabors
Industries,
Inc.
(a)
...............................................
7.63%
11/15/2032
4,182,256
3,420,000
Nexstar
Media,
Inc.
(a)
..................................................
7.25%
4/15/2034
3,414,680
3,815,000
NGL
Energy
Operating
LLC
/
NGL
Energy
Finance
Corp.
(a)
.......................
8.38%
2/15/2032
3,973,296
1,630,000
OAK-Eagle
Acquireco,
Inc.
(a)
.............................................
8.75%
7/1/2034
1,730,933
550,000
Olympus
Water
US
Holding
Corp.
(a)
........................................
6.25%
10/1/2029
542,630
6,000,000
Olympus
Water
US
Holding
Corp.
(a)
........................................
7.25%
2/15/2033
5,938,336
3,830,000
Par
Petroleum
LLC
(a)
..................................................
7.38%
6/1/2034
3,878,024
5,575,000
PetSmart
LLC
/
PetSmart
Finance
Corp.
(a)
...................................
7.50%
9/15/2032
5,580,229
3,145,000
PetSmart
LLC
/
PetSmart
Finance
Corp.
(a)
...................................
10.00%
9/15/2033
3,152,240
4,395,000
Premier
Entertainment
Sub
LLC
/
Premier
Entertainment
Finance
Corp.
(a)
.............
5.88%
9/1/2031
2,867,738
8,265,470
Pyxus
Holdings,
Inc.
(a)
.................................................
8.50%
12/31/2027
7,335,605
6,358,035
Radiology
Partners,
Inc.
(9.78%
PIK)
(a)
.....................................
9.78%
2/15/2030
6,318,297
3,395,000
Radiology
Partners,
Inc.
(a)
..............................................
8.50%
7/15/2032
3,547,263
1,900,000
Sabre
Financial
Borrower
LLC
(a)
..........................................
11.13%
6/15/2029
2,006,951
914,000
Sabre
GLBL,
Inc.
(a)
...................................................
10.75%
11/15/2029
878,852
1,788,000
Sabre
GLBL,
Inc.
(a)
...................................................
10.75%
3/15/2030
1,707,057
3,460,000
Six
Flags
Entertainment
Corp.
(a)
..........................................
7.25%
5/15/2031
3,441,749
680,000
Six
Flags
Entertainment
Corp./Canada's
Wonderland
Co./Millennium
Operations
LLC
(a)
...
8.63%
1/15/2032
700,632
4,150,000
SM
Energy
Co.
(a)
.....................................................
7.00%
8/1/2032
4,191,010
1,975,000
Sotheby's
(a)
........................................................
8.25%
4/15/2031
1,966,276
2,760,000
Staples,
Inc.
(a)
.......................................................
10.75%
9/1/2029
2,635,132
11,075,000
Staples,
Inc.
(a)
.......................................................
12.75%
1/15/2030
8,491,993
2,595,000
Starz
Capital
Holdings
LLC
(a)
............................................
5.50%
4/15/2029
2,359,174
8,340,000
SWF
Holdings
I
Corp.
(a)
................................................
6.50%
10/1/2029
875,700
3,450,000
Synergy
Infrastructure
Holdings
LLC
(a)
......................................
7.88%
12/1/2030
3,614,326
2,290,000
Synergy
Infrastructure
Holdings
LLC
(a)
......................................
7.00%
7/15/2034
2,324,154
1,395,000
Transocean
International
Ltd.
(a)
...........................................
7.88%
10/15/2032
1,457,029
7,260,000
Trident
TPI
Holdings,
Inc.
(a)
..............................................
12.75%
12/31/2028
7,278,411
4,855,000
UKG,
Inc.
(a)
........................................................
6.88%
2/1/2031
4,719,687
1,925,000
Uniti
Group
LP
/
Uniti
Group
Finance
2019,
Inc.
/
CSL
Capital
LLC
(a)
.................
8.63%
6/15/2032
2,009,817
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
11
PRINCIPAL
AMOUNT
$
SECURITY
DESCRIPTION
RATE
MATURITY
VALUE
$
a
a
a
a
a
2,725,000
Uniti
Services
LLC
(a)
..................................................
7.50%
10/15/2033
2,869,567
6,720,000
Univision
Communications,
Inc.
(a)
.........................................
8.50%
7/31/2031
6,754,185
1,385,000
Univision
Communications,
Inc.
(a)
.........................................
8.88%
4/15/2033
1,364,369
3,915,000
Upbound
Group,
Inc.
(a)
.................................................
6.38%
2/15/2029
3,883,265
6,685,000
Venture
Global
LNG,
Inc.
(a)
..............................................
8.38%
6/1/2031
6,961,112
3,655,000
Veritiv
Operating
Co.
(a)
.................................................
10.50%
11/30/2030
3,742,662
398,250
Vibrantz
Technologies,
Inc.
(a)
............................................
9.00%
2/28/2031
215,055
3,584,250
Vibrantz
Technologies,
Inc.
(a)
............................................
9.00%
2/28/2031
716,850
6,035,000
Victra
Holdings
LLC
/
Victra
Finance
Corp.
(a)
..................................
8.75%
9/15/2029
6,229,043
9,170,000
Viking
Cruises
Ltd.
(a)
..................................................
9.13%
7/15/2031
9,613,324
2,830,000
Voyager
Parent
LLC
(a)
.................................................
9.25%
7/1/2032
2,994,517
2,075,000
Whirlpool
Corp.
(a)
....................................................
7.88%
7/1/2034
2,088,699
Total
US
Corporate
Bonds
(Cost
$380,302,389)
363,288,851
US
GOVERNMENT
AND
AGENCY
MORTGAGE
BACKED
OBLIGATIONS
-
2.8%
Federal
Home
Loan
Mortgage
Corp.
44,099,988
Series
2021-P009-X
(h)(i)
................................................
1.36%
1/25/2031
934,113
2,853,584
Series
3631-SJ
(-1
x
30
day
avg
SOFR
US
+
6.13%,
0.00%
Floor,
6.24%
Cap)
(h)(j)
.......
2.53%
2/15/2040
242,396
7,161,809
Series
3980-SX
(-1
x
30
day
avg
SOFR
US
+
6.39%,
0.00%
Floor,
6.50%
Cap)
(h)(j)
.......
2.79%
1/15/2042
864,323
3,543,100
Series
5083-IH
(h)
.....................................................
2.50%
3/25/2051
536,862
18,795,205
Series
5129-S
(-1
x
30
day
avg
SOFR
US
+
2.70%,
0.00%
Floor,
2.70%
Cap)
(h)(j)
........
0.00%
12/25/2044
4,468
10,238,339
Series
5133-PI
(h)
.....................................................
3.00%
8/25/2051
1,528,148
9,806,150
Series
5166-DI
(h)
.....................................................
3.00%
9/15/2048
1,176,739
Federal
National
Mortgage
Association
1,308,119
Series
2006-83-SH
(-1
x
30
day
avg
SOFR
US
+
6.45%,
0.00%
Floor,
6.56%
Cap)
(h)(j)
.....
2.82%
9/25/2036
117,379
5,434,783
Series
2010-123-SK
(-1
x
30
day
avg
SOFR
US
+
5.94%,
0.00%
Floor,
6.05%
Cap)
(h)(j)
....
2.31%
11/25/2040
449,413
4,042,461
Series
2012-60-SN
(-1
x
30
day
avg
SOFR
US
+
6.49%,
0.00%
Floor,
6.60%
Cap)
(h)(j)
.....
2.86%
6/25/2042
456,180
6,813,833
Series
2019-46-SG
(-1
x
30
day
avg
SOFR
US
+
5.99%,
0.00%
Floor,
6.10%
Cap)
(h)(j)
.....
2.36%
8/25/2049
507,812
34,473,683
Series
2021-17-SD
(-1
x
30
day
avg
SOFR
US
+
2.50%,
0.00%
Floor,
2.50%
Cap)
(h)(j)
.....
0.00%
4/25/2051
9,184
FREMF
Mortgage
Trust
5,794,357
Series
2018-KF56-C
(30
day
avg
SOFR
US
+
5.91%,
5.80%
Floor)
(a)
................
9.51%
11/25/2028
5,422,306
11,707,819
Series
2019-KF71-C
(30
day
avg
SOFR
US
+
6.11%,
6.00%
Floor)
(a)
................
9.71%
10/25/2029
11,363,548
Government
National
Mortgage
Association
6,232,545
Series
2011-128-TS
(-1
x
1
mo.
Term
SOFR
+
5.94%,
0.00%
Floor,
6.05%
Cap)
(h)(j)
.......
2.30%
5/16/2041
557,732
19,088,273
Series
2015-64-SG
(-1
x
1
mo.
Term
SOFR
+
5.49%,
0.00%
Floor,
5.60%
Cap)
(h)(j)
.......
1.85%
5/20/2045
1,434,333
2,113,026
Series
2018-145-IA
(h)
..................................................
4.00%
10/20/2045
175,828
2,982,765
Series
2020-129-SE
(-1
x
1
mo.
Term
SOFR
+
3.64%,
0.00%
Floor,
3.75%
Cap)
(h)(j)
......
0.00%
9/20/2050
31,577
12,825,218
Series
2020-146-SH
(-1
x
1
mo.
Term
SOFR
+
6.19%,
0.00%
Floor,
6.30%
Cap)
(h)(j)
......
2.55%
10/20/2050
1,581,838
4,616,066
Series
2020-187-SB
(-1
x
1
mo.
Term
SOFR
+
6.19%,
0.00%
Floor,
6.30%
Cap)
(h)(j)
......
2.55%
12/20/2050
555,192
16,726,858
Series
2020-47-SL
(-1
x
1
mo.
Term
SOFR
+
5.26%,
0.00%
Floor,
5.37%
Cap)
(h)(j)
.......
1.62%
7/20/2044
1,066,954
8,636,352
Series
2020-61-SU
(-1
x
1
mo.
Term
SOFR
+
5.49%,
0.00%
Floor,
5.60%
Cap)
(h)(j)
.......
1.85%
7/16/2045
559,902
5,209,180
Series
2021-105-MI
(h)
.................................................
3.00%
6/20/2051
711,045
27,758,351
Series
2021-107-SA
(-1
x
1
mo.
Term
SOFR
+
3.64%,
0.00%
Floor,
3.75%
Cap)
(h)(j)
......
0.00%
6/20/2051
615,206
14,860,919
Series
2021-125-AS
(-1
x
30
day
avg
SOFR
US
+
3.25%,
0.00%
Floor,
3.25%
Cap)
(h)(j)
....
0.00%
7/20/2051
83,816
34,607,459
Series
2021-139-SB
(-1
x
30
day
avg
SOFR
US
+
3.20%,
0.00%
Floor,
3.20%
Cap)
(h)(j)
....
0.00%
8/20/2051
201,710
35,417,071
Series
2021-77-SG
(-1
x
1
mo.
Term
SOFR
+
3.64%,
0.00%
Floor,
3.75%
Cap)
(h)(j)
.......
0.00%
5/20/2051
722,703
14,093,086
Series
2021-7-IQ
(h)
...................................................
2.50%
1/20/2051
1,969,468
30,812,328
Series
2021-96-SG
(-1
x
30
day
avg
SOFR
US
+
3.20%,
0.00%
Floor,
3.20%
Cap)
(h)(j)
.....
0.00%
6/20/2051
276,910
45,306,391
Series
2021-97-SA
(-1
x
30
day
avg
SOFR
US
+
2.60%,
0.00%
Floor,
2.60%
Cap)
(h)(j)
.....
0.00%
6/20/2051
282,499
26,145,393
Series
2021-97-SG
(-1
x
30
day
avg
SOFR
US
+
2.60%,
0.00%
Floor,
2.60%
Cap)
(h)(j)
.....
0.00%
6/20/2051
65,944
10,293,486
Series
2022-207-IO
(h)
.................................................
3.00%
8/20/2051
1,763,422
Total
US
Government
and
Agency
Mortgage
Backed
Obligations
(Cost
$45,458,519)
36,268,950
SHARES
COMMON
STOCKS
-
0.1%
46,985
Altice
France/Luxco
3
(b)(k)
...............................................
939,490
9,442
Asphalt
ATD
Holdco,
LLC
(b)(k)
............................................
4,155
212,801
CFG
Investment
SAC
-
HoldCo
(b)(k)
........................................
0
8,608
GTT
Communications,
Inc.
(b)(k)
...........................................
167,856
2,245
Jacobs
Solutions,
Inc.
NPV
(b)(k)
...........................................
292
512,343
OI
SA
ADR
(b)(k)
......................................................
205
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
12
SHARES
SECURITY
DESCRIPTION
VALUE
$
a
a
a
a
a
26,458
Revenir
Energy,
Inc.
(b)(k)
................................................
529
23,846
Stichting
Administratiekantoor
ADR
(b)(k)
......................................
0
8,776
Stichting
Administratiekantoor
Unigel
Creditors
(b)(k)
.............................
0
Total
Common
Stocks
(Cost
$23,590,314)
1,112,527
ESCROW
NOTES
-
0.0%
(l)
9,150,000
Credito
Real
SAB
de
CV
SOFOM
ER
(k)
.....................................
80,063
17,286,000
Credito
Real
SAB
de
CV
SOFOM
ER
(k)
.....................................
151,252
Total
Escrow
Notes
(Cost
$25,761,738)
231,315
PREFERRED
STOCKS
-
0.6%
280,000
AGNC
Investment
Corp.
(g)
..............................................
7,098,000
Total
Preferred
Stocks
(Cost
$7,124,605)
7,098,000
RIGHTS
-
0.0%
(l)
333,957
Revenir
Energy,
Inc.
Backstop
(b)(k)
.........................................
6,679
Total
Rights
(Cost
$0)
6,679
WARRANTS
-
0.0%
(l)
27,621
GTT
Communications,
Inc.
(b)(k)
...........................................
1,381
Total
Warrants
(Cost
$386,878)
1,381
AFFILIATED
MUTUAL
FUNDS
-
3.5%
4,846,732
DoubleLine
Emerging
Markets
Local
Currency
Bond
Fund
-
Class
I
.................
46,431,689
Total
Affiliated
Mutual
Funds
(Cost
$45,400,000)
46,431,689
R
ATE
SHORT
TERM
INVESTMENTS
-
1.6%
7,131,741
BNY
Dreyfus
Government
Cash
Management
-
Institutional
(m)
.....................
3.54%
7,131,741
6,921,984
MSILF
Government
Portfolio
-
Institutional
(m)
.................................
3.56%
6,921,984
6,921,984
Northern
Institutional
Funds
-Treasury
Portfolio
-
SHR
(m)
.........................
3.56%
6,921,984
Total
Short
Term
Investments
(Cost
$20,975,709)
20,975,709
Total
Investments
-
128.3%
(n)
(Cost
$1,946,921,932)
1,691,056,720
Other
Liabilities
in
Excess
of
Assets
-
(28.3)%
(372,206,830)
NET
ASSETS
-
100.0%
$1,318,849,890
(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
832,558,472
or
63.13%
of
the
Fund’s
net
assets.
(b)
Value
determined
using
significant
unobservable
inputs.
(c)
Security
pays
interest
at
rates
that
represent
residual
cashflows
available
after
more
senior
tranches
have
been
paid.
(d)
Security
is
in
default
or
has
failed
to
make
a
scheduled
payment.
(e)
Coupon
rate
is
variable
or
floats
based
on
components
including
but
not
limited
to
reference
rate
and
spread.
These
securities
may
not
indicate
a
reference
rate
and/or
spread
in
their
description.
The
rate
disclosed
is
as
of
period
end.
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
13
(f)
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.
(g)
Perpetual
maturity.
The
date
disclosed
is
the
next
call
date
of
the
security.
(h)
Interest
only
security
(i)
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.
(j)
Inverse
floating
rate
security
whose
interest
rate
moves
in
the
opposite
direction
of
reference
interest
rates.
Reference
interest
rates
are
typically
based
on
a
negative
multiplier
or
slope.
Interest
rate
may
also
be
subject
to
a
cap
or
floor.
(k)
Non-income
producing
security.
(l)
Represents
less
than
0.05%
of
net
assets.
(m)
Seven-day
yield
as
of
period
end.
(n)
Under
the
Fund’s
Liquidity
Agreement,
the
lender,
through
its
agent,
has
been
granted
a
security
interest
in
substantially
all
of
the
Fund's
investments
in
consideration
of
the
Fund's
borrowings
under
the
line
of
credit
with
the
lender.
CMT
Constant
Maturity
Treasury
Rate
MSILF
Morgan
Stanley
Institutional
Liquidity
Funds
PIK
A
payment-in-kind
security
in
which
the
issuer
may
make
interest
or
dividend
payments
in
cash
or
additional
securities.
These
additional
securities
generally
have
the
same
terms
as
the
original
holdings.
SOFR
Secured
Overnight
Financing
Rate
INVESTMENT
BREAKDOWN
as
a
%
of
Net
Assets:
Foreign
Government
Bonds,
Foreign
Agencies
and
Foreign
Government
Sponsored
Corporations
....................................
14.9‌%
Non-Agency
Commercial
Mortgage
Backed
Obligations
.................................................................
11.9‌%
Media
....................................................................................................
7.1‌%
Oil
&
Gas
..................................................................................................
7.0‌%
Retail
....................................................................................................
5.8‌%
Chemicals
.................................................................................................
5.5‌%
Collateralized
Loan
Obligations
..................................................................................
5.4‌%
Entertainment
...............................................................................................
4.7‌%
Software
..................................................................................................
4.1‌%
Commercial
Services
.........................................................................................
4.0‌%
Healthcare-Services
..........................................................................................
3.9‌%
Diversified
Financial
Services
....................................................................................
3.6‌%
Affiliated
Mutual
Funds
........................................................................................
3.5‌%
Distribution/Wholesale
.........................................................................................
3.1‌%
US
Government
and
Agency
Mortgage
Backed
Obligations
...............................................................
2.8‌%
Telecommunications
..........................................................................................
2.7‌%
Non-Agency
Residential
Collateralized
Mortgage
Obligations
..............................................................
2.6‌%
Internet
...................................................................................................
2.5‌%
Mining
....................................................................................................
2.1‌%
Electric
...................................................................................................
2.0‌%
Pharmaceuticals
.............................................................................................
2.0‌%
Airlines
...................................................................................................
1.8‌%
Transportation
..............................................................................................
1.8‌%
Coal
.....................................................................................................
1.7‌%
Asset
Backed
Obligations
......................................................................................
1.7‌%
Leisure
Time
...............................................................................................
1.6‌%
Short
Term
Investments
........................................................................................
1.6‌%
Food
.....................................................................................................
1.6‌%
Engineering
&
Construction
.....................................................................................
1.4‌%
Insurance
..................................................................................................
1.2‌%
Packaging
&
Containers
.......................................................................................
1.2‌%
Healthcare-Products
..........................................................................................
1.2‌%
Banks
....................................................................................................
1.1‌%
Iron/Steel
..................................................................................................
1.1‌%
Energy-Alternate
Sources
......................................................................................
1.0‌%
Pipelines
..................................................................................................
1.0‌%
Auto
Parts
&
Equipment
........................................................................................
1.0‌%
Real
Estate
................................................................................................
0.9‌%
Agriculture
.................................................................................................
0.7‌%
Machinery-Diversified
.........................................................................................
0.6‌%
Lodging
...................................................................................................
0.6‌%
Preferred
Stocks
.............................................................................................
0.6‌%
Building
Materials
............................................................................................
0.5‌%
Computers
.................................................................................................
0.4‌%
Miscellaneous
Manufacturing
....................................................................................
0.2‌%
Apparel
...................................................................................................
0.2‌%
Home
Furnishings
............................................................................................
0.2‌%
Home
Builders
..............................................................................................
0.1‌%
Housewares
................................................................................................
0.1‌%
DoubleLine
Income
Solutions
Fund
Schedule
of
Investments
(Continued)
June
30,
2026
(Unaudited)
14
Escrow
Notes
...............................................................................................
0.0‌%
(a)
Other
Assets
and
Liabilities
.....................................................................................
(28.3‌)%
Net
Assets
.................................................................................................
100.0‌%
(a)
Represents
less
than
0.05%
of
net
assets.
Futures
Contracts
Description
Long/Short
Contract
Quantity
Expiration
Date
Notional
Amount
(a)
Unrealized
Appreciation
(Depreciation)/
Value
U.S.
Treasury
2
Year
Notes
....................
Long
500‌
9/30/2026
$
103,066,406‌
$
(124,067‌)
(a)
Notional
Amount
is
determined
based
on
the
number
of
contracts
multiplied
by
the
contract
size
and
the
quoted
daily
settlement
price
in
US
dollars.
A
summary
of
the
DoubleLine
Income
Solutions
Fund's
investments
in
affiliated
mutual
funds
for
the
period
ended
June
30,
2026
is
as
follows:
Fund
Value
at
September
30,
2025
Gross
Purchases
Gross
Sales
Net
Realized
Gain
(Loss)
for
the
Period
Ended
June
30,
2026
Change
in
Unrealized
for
the
Period
Ended
June
30,
2026
Value
at
June
30,
2026
Shares
Held
at
June
30,
2026
Dividend
Income
Earned
for
the
Period
Ended
June
30,
2026
DoubleLine
Emerging
Markets
Local
Currency
Bond
Fund
-
Class
I
$
36,645,207‌
$
9,600,000‌
$
–‌
$
–‌
$
186,483‌
$
46,431,690‌
4,846,732
$
1,184,518‌
a
a