Slides from the DoubleLine Global Infrastructure Debt Strategy for the second quarter ended June 30, 2016.

TAB I – DoubleLine Overview & Accolades

Experience

  • Oversees $103 billion in Assets Under Management as of June 30, 2016.
  • DoubleLine’s* portfolio managers have worked together for an average of 16 years and have over 23 years average industry experience.

Structure

  • Employee-ownership structure
  • Over 170 members, including over 105 investment professionals**

Accolades

  • DoubleLine was awarded with Institutional Investor’s “Mortgage-Backed Fixed Income” award in 2013, 2014 and 2015
  • DoubleLine was awarded with Institutional Investor’s “Core Plus Fixed Income” award in 2015
  • DoubleLine was named Risk Magazine’s “Asset Manager of the Year” in 2015
  • Awarded “Bond Manager of the Year” by Foundations & Endowments Money Management in 2011

Jeffrey Gundlach Accolades

  • Named one of Forbes “Most Powerful People” in 2014
  • Named Institutional Investor’s “Money Manager of the Year” in 2013
  • Named to Bloomberg Markets’ magazine “50 Most Influential” in 2012 and 2015
  • Named to Fortune Magazine’s Investor’s Guide “Mutual Fund All-Stars” in 2011
  • Named to SmartMoney’s “Power Thirty: The World’s Most Influential Players” in 2010
  • Lead portfolio manager, was a nominee for Morningstar’s “Fixed Income Manager of the Decade” in 2009

[drizzle]Assets Under Management By Strategy

As of June 30, 2016

DoubleLine Global Infrastructure Debt Strategy

DoubleLine Portfolio Management Team

DoubleLine Global Infrastructure Debt Strategy

TAB II – Global Infrastructure Debt Explained

DoubleLine’s Global Infrastructure Debt Strategy

Objective: DoubleLine’s Global Infrastructure Debt strategy seeks long-term total return while striving to generate current income.

Infrastructure Sectors

A diverse asset class characterized by projects that provide essential services in strategic sectors.

DoubleLine Global Infrastructure Debt Strategy

Infrastructure Debt Benefits

DoubleLine Global Infrastructure Debt Strategy

TAB III – Global Infrastructure Debt Market

Why the Opportunity Exists?

  • Primarily due to regulatory constraints, the financing of global infrastructure projects is undergoing a paradigm shift from commercial banks to financial institutions (asset managers, insurers and others).
  • Government debt burdens can prevent adequate spending on required infrastructure.
  • DoubleLine believes that this structural change generates long-term opportunities.

DoubleLine Global Infrastructure Debt Strategy

Global Infrastructure Aggregate Funding Gap, 2016-2030

DoubleLine Global Infrastructure Debt Strategy

Infrastructure Quality Against GDP Per Capita

DoubleLine Global Infrastructure Debt Strategy

Infrastructure Spending as % of GDP, 1992 – 2013

DoubleLine Global Infrastructure Debt Strategy

TAB IV – Global Infrastructure Debt Attributes

Large Investable Universe

As of December 2015

DoubleLine Global Infrastructure Debt Strategy

See the full slides below.

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