Jeffrey Gundlach: DoubleLine Core Fixed Income Fund & Asset Allocation Webcast

Core Fixed Income Fund Portfolio Statistics

Jeffrey Gundlach

Portfolio statistics as of February 27, 2015 based on market weighted averages. Subject to change without notice.

Average price = A measure of the weighted average price paid for the securities calculated by taking the prices and dividing by the number of securities and does not include cash.

Average price should not be confused with net asset value.

Average Duration = Duration is used as a risk measure. It measures the price volatility of a security given a change in interest rate movements.

Average Life = The average number of years that each dollar of unpaid principal due on the mortgage remains outstanding. Average life is computed as the weighted average time to the receipt of all future cash flows, using as the weights the dollar amounts of the principal paydowns.

Source: DoubleLine Capital LP

Jeffrey Gundlach

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