Liquidation: DoubleLine Funds Trust
Form Type: 497
Filing Date: 2025-01-10
Corporate Action: Liquidation
Type: New
Accession Number: 000089418925000127
Filing Summary: The Board of Trustees of DoubleLine Funds Trust has approved a plan of liquidation for the DoubleLine Multi-Asset Trend Fund, expected to occur on or about February 28, 2025. Shares will be unavailable for purchase after the close of business on January 24, 2025, although dividend reinvestments will continue until the Liquidation Date. Shareholders will receive proceeds per share based on the net asset value after liabilities. Liquidation proceeds are taxable events for U.S. federal income tax purposes. Shareholders may redeem or exchange shares before the Liquidation Date, and the Fund's investments may be shifted to facilitate an orderly liquidation. There are potential tax implications for proceeds based on account type and the need for appropriate rollover actions to maintain tax-deferred status.
Document Link: View Document
Additional details:
Plan Of Liquidation: approved
Liquidation Date: 2025-02-28
Shares Unavailable After: 2025-01-24
Tax Implications: taxable event
Redemption Options: redemption or exchange before liquidation
Investment Strategy Change: managed for orderly liquidation
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