0001193125-12-020505.txt : 20120326 0001193125-12-020505.hdr.sgml : 20120326 20120123174651 ACCESSION NUMBER: 0001193125-12-020505 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DoubleLine Opportunistic Credit Fund CENTRAL INDEX KEY: 0001525201 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: C/O DOUBLELINE CAPITAL LP STREET 2: 333 SOUTH GRAND AVENUE, 18TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-633-8200 MAIL ADDRESS: STREET 1: C/O DOUBLELINE CAPITAL LP STREET 2: 333 SOUTH GRAND AVENUE, 18TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 FORMER COMPANY: FORMER CONFORMED NAME: DoubleLine Strategic Income Fund DATE OF NAME CHANGE: 20110708 CORRESP 1 filename1.htm Acceleration Request Letter

DOUBLELINE OPPORTUNISTIC CREDIT FUND

333 South Grand Avenue, Suite 1800

Los Angeles, California 90071

January 23, 2012

United States Securities and Exchange Commission

100 F Street N.E.

Washington, DC 20549

Attention: Mr. Edward P. Bartz

 

Re: DoubleLine Opportunistic Credit Fund (the “Fund”)

Registration Statement on Form N-2 (File Nos. 811-22592 and 333-175891)

Dear Mr. Bartz:

Pursuant to Rule 461(a) under the Securities Act of 1933, as amended (the “Securities Act”), the Fund respectfully requests that the effectiveness of the above-referenced registration statement on Form N-2 be accelerated to 9:00 a.m. on Thursday, January 26, 2012, or as soon thereafter as practicable.

The Fund acknowledges that (i) should the Securities and Exchange Commission (the “Commission”) or its staff (the “staff”), acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any actions with respect to the filing, (ii) the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Fund from its full responsibility for the adequacy and accuracy of the disclosure in the filing, and (iii) the Fund may not assert this action as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

The Fund also brings to your attention that pursuant to Rule 430A under the Securities Act, the form of prospectus (including the statement of additional information) filed as part of the Fund’s registration statement on Form N-2 omits certain information, including information with respect to the public offering price, discounts or commissions to dealers, amount of proceeds and other items dependent upon the offering price, delivery dates, and terms of the securities dependent upon the offering date.

Very truly yours,
DOUBLELINE OPPORTUNISTIC CREDIT FUND
By:  

/s/ Ronald R. Redell

Name:   Ronald R. Redell
Title:   President and Chief Executive Officer