DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company. The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income. The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income. The Fund may invest in debt securities and other income producing investments of issuers anywhere in the world, including in emerging markets, and may invest in investments of any credit quality.