Exhibit (h)(8)
July 15, 2022
To the Trustees of
DoubleLine Funds Trust
2002 North Tampa Street Suite 200
Tampa Bay, Florida 33602
Re: Advisory Fee Waiver In Respect of Investments in Other DoubleLine Funds
Gentlemen:
Each of DoubleLine Capital LP and DoubleLine Alternatives LP hereby undertake that when any series of DoubleLine Funds Trust for which it serves as investment adviser (each a Fund) invests in another registered investment company sponsored by DoubleLine Capital LP, DoubleLine Alternatives LP or DoubleLine ETF Adviser LP (each an other DoubleLine fund), the relevant investment adviser of the investing Fund will waive its advisory fee in a dollar amount equal to the advisory fees paid by the other DoubleLine fund in respect of that investing Funds assets so invested. Any amounts so waived are not subject to recoupment. This undertaking shall continue in effect for at least one year following the effective date of any amendment to the registration statement on Form N-1A for DoubleLine Funds Trust in which this waiver is disclosed in a Funds prospectus (333-164298 and 811-22378), except that it may be terminated at any time with your consent.
Very truly yours, | ||
DOUBLELINE CAPITAL LP | ||
By: DoubleLine Capital GP LLC, its general partner | ||
By: | /s/ Ronald R. Redell | |
Name: Ronald R. Redell | ||
Title: Authorized Signer | ||
DOUBLELINE ALTERNATIVES LP | ||
By: | RHE Group LLC, its general partner | |
By: | /s/ Henry V. Chase | |
Name: Henry V. Chase | ||
Title: Authorized Signer |