Custody Agreement [Amendment No. 6] [Amended and Restated] (2015)Full Document 

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DOUBLELINE FUNDS TRUST

SIXTH AMENDMENT TO THE

AMENDED AND RESTATED CUSTODY AGREEMENT

THIS SIXTH AMENDMENT, effective as of January 1, 2015, to the Amended and Restated Custody Agreement dated as of January 29, 2013, as amended August 21, 2013, November 20, 2013, February 26, 2014, May 22, 2014 and November 20, 2014 (the "Agreement"), is entered into by and between DOUBLELINE FUNDS TRUST, a Delaware statutory trust, (the "Trust") and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (the "Custodian").

RECITALS

WHEREAS, the parties have entered into the Agreement; and

WHEREAS, the parties desire to amend the term of the Agreement and to amend the fees of the Agreement; and

WHEREAS, Article XV, Section 15.02 of the Agreement allows for its amendment by a written instrument executed by both parties and authorized or approved by the Board of Trustees.

NOW, THEREFORE, the parties agree as follows:

Article XIII, Section 13.01, Effective Period is superseded and replaced with the following:

13.01 Effective Period. This Agreement shall become effective as of the date first written above and will continue in effect through December 31, 2017.

Amended Exhibit D of the Agreement is hereby superseded and replaced with Amended Exhibit D attached hereto.

Except to the extent amended hereby, the Agreement shall remain in full force and effect.

(signatures on the following page)

1/2015

1


IN WITNESS WHEREOF, the parties hereto have caused this Sixth Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

DOUBLELINE FUNDS TRUST U.S. BANK NATIONAL ASSOCIATION
By:

/s/ Ronald R. Redell

By:

/s/ Michael R. McVoy

Name: Ronald R. Redell Name: Michael R. McVoy
Title: President Title: Senior Vice President

1/2015

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Amended Exhibit D (continued) to the Amended and Restated Custody Agreement

DoubleLine Funds Trust

FUND ACCOUNTING, ADMINISTRATION SERVICES AND DOMESTIC CUSTODY FEE SCHEDULE

effective January 1, 2015

Annual Fee Based Upon Market Value of the Fund Complex:

2.50 basis points on the first $3 billion

2.00 basis points on the next $5 billion

1.50 basis points on the next $25 billion

1.00 basis points on the balance

Included in Annual Complex Fee:

¡ Advisor Information Source Web Portal access and reports
¡ Daily compliance testing (Charles River Investment Management)
¡ Start up legal administration services
¡ Daily performance reporting
¡ Legal administration for annual updates
¡ 15c-3 Reporting
¡ Chief Compliance Officer support

Portfolio Transaction Fees

$4.00 per book entry DTC transaction/Federal Reserve transaction/principal paydown

$6.00 per short sale

$7.00 per U.S. Bank repurchase agreement transaction

$8.00 per option/future contract written, exercised or expired

$15.00 per mutual fund trade/Fed wire/margin variation Fed wire

$25.00 per physical security transaction

$150.00 per segregated account per year

¡ A transaction is a purchase/sale of a security, free receipt/free delivery, maturity, tender or exchange.
¡ No charge for the initial conversion free receipt.
¡ Overdrafts – charged to the account at prime interest rate plus 2.

Out-Of-Pocket Expenses

Including but not limited to postage, stationery, programming, special reports, systems expenses, proxies, insurance, legal administration projects, EDGAR filing, retention of records, federal and state regulatory filing fees, certain insurance premiums, expenses from Board of directors meetings, third party auditing and legal expenses, pricing services, fair value pricing services, factor services, customized reporting, expenses incurred in the transfer fees, safekeeping, delivery and receipt of securities, shipping, and conversion expenses (if necessary).

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