DoubleLine Low Duration Bond Fund
Name
As of 11/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.8%
1 yr return
6.6%
3 Yr Avg Return
2.5%
5 Yr Avg Return
2.0%
Net Assets
$5.73 B
Holdings in Top 10
22.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 80.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DLSNX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return 2.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.30%
- Dividend Yield 4.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDoubleLine Low Duration Bond Fund
-
Fund Family NameDoubleLine Funds
-
Inception DateSep 30, 2011
-
Shares Outstanding102317529
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLuz Padilla
Fund Description
DLSNX - Performance
Return Ranking - Trailing
Period | DLSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | -0.2% | 17.1% | 29.85% |
1 Yr | 6.6% | 2.5% | 23.6% | 61.60% |
3 Yr | 2.5%* | -5.7% | 4.4% | 8.90% |
5 Yr | 2.0%* | -4.1% | 5.1% | 31.43% |
10 Yr | 2.1%* | -18.9% | 170.4% | 25.28% |
* Annualized
Return Ranking - Calendar
Period | DLSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -1.6% | 7.6% | 46.95% |
2022 | -5.2% | -17.7% | -2.6% | 12.62% |
2021 | -0.9% | -4.0% | 4.4% | 13.77% |
2020 | -0.4% | -7.1% | 7.6% | 94.29% |
2019 | 1.4% | -2.3% | 9.3% | 81.43% |
Total Return Ranking - Trailing
Period | DLSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | -0.2% | 17.1% | 29.85% |
1 Yr | 6.6% | 2.5% | 23.6% | 61.60% |
3 Yr | 2.5%* | -5.7% | 4.4% | 8.90% |
5 Yr | 2.0%* | -4.1% | 5.1% | 31.43% |
10 Yr | 2.1%* | -18.9% | 170.4% | 25.28% |
* Annualized
Total Return Ranking - Calendar
Period | DLSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | 1.8% | 15.2% | 17.37% |
2022 | -3.0% | -17.3% | -1.3% | 7.18% |
2021 | 0.7% | -2.7% | 7.7% | 26.35% |
2020 | 2.0% | -2.4% | 14.5% | 96.94% |
2019 | 4.7% | 0.6% | 12.6% | 46.62% |
NAV & Total Return History
DLSNX - Holdings
Concentration Analysis
DLSNX | Category Low | Category High | DLSNX % Rank | |
---|---|---|---|---|
Net Assets | 5.73 B | 14.5 K | 57.3 B | 18.82% |
Number of Holdings | 755 | 2 | 8314 | 26.81% |
Net Assets in Top 10 | 1.25 B | 1.05 M | 6.81 B | 22.43% |
Weighting of Top 10 | 22.30% | 1.9% | 112.6% | 59.70% |
Top 10 Holdings
- United States Treasury Note/Bond 3.36%
- United States Treasury Note/Bond 3.09%
- United States Treasury Note/Bond 3.02%
- United States Treasury Note/Bond 2.89%
- United States Treasury Note/Bond 2.42%
- United States Treasury Note/Bond 2.03%
- United States Treasury Note/Bond 1.75%
- United States Treasury Note/Bond 1.31%
- United States Treasury Note/Bond 1.30%
- United States Treasury Note/Bond 1.14%
Asset Allocation
Weighting | Return Low | Return High | DLSNX % Rank | |
---|---|---|---|---|
Bonds | 90.26% | 0.00% | 129.40% | 38.59% |
Other | 7.24% | -0.97% | 71.57% | 52.09% |
Cash | 3.04% | -20.59% | 71.38% | 43.54% |
Convertible Bonds | 1.77% | 0.00% | 27.71% | 60.76% |
Stocks | 0.00% | 0.00% | 99.96% | 40.87% |
Preferred Stocks | 0.00% | 0.00% | 24.12% | 35.55% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DLSNX % Rank | |
---|---|---|---|---|
Securitized | 58.09% | 0.00% | 97.27% | 4.57% |
Corporate | 22.76% | 0.00% | 99.82% | 76.19% |
Government | 17.17% | 0.00% | 73.63% | 49.52% |
Cash & Equivalents | 3.04% | 0.00% | 71.38% | 40.68% |
Derivative | 0.00% | -0.44% | 27.90% | 50.95% |
Municipal | 0.00% | 0.00% | 14.41% | 63.24% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DLSNX % Rank | |
---|---|---|---|---|
US | 90.26% | 0.00% | 126.86% | 34.98% |
Non US | 0.00% | 0.00% | 82.20% | 34.79% |
DLSNX - Expenses
Operational Fees
DLSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.01% | 3.29% | 48.09% |
Management Fee | 0.35% | 0.00% | 1.19% | 54.18% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 34.32% |
Administrative Fee | N/A | 0.01% | 0.41% | N/A |
Sales Fees
DLSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
Trading Fees
DLSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DLSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 80.00% | 2.00% | 500.00% | 51.93% |
DLSNX - Distributions
Dividend Yield Analysis
DLSNX | Category Low | Category High | DLSNX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.86% | 0.00% | 11.11% | 16.35% |
Dividend Distribution Analysis
DLSNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DLSNX | Category Low | Category High | DLSNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.30% | -1.27% | 4.98% | 41.20% |
Capital Gain Distribution Analysis
DLSNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.039 | OrdinaryDividend |
Sep 30, 2024 | $0.039 | OrdinaryDividend |
Aug 30, 2024 | $0.043 | OrdinaryDividend |
Jul 31, 2024 | $0.041 | OrdinaryDividend |
Apr 30, 2024 | $0.036 | OrdinaryDividend |
Mar 28, 2024 | $0.035 | OrdinaryDividend |
Feb 29, 2024 | $0.037 | OrdinaryDividend |
Jan 31, 2024 | $0.038 | OrdinaryDividend |
Dec 29, 2023 | $0.037 | OrdinaryDividend |
Nov 30, 2023 | $0.038 | OrdinaryDividend |
Oct 31, 2023 | $0.036 | OrdinaryDividend |
Sep 29, 2023 | $0.036 | OrdinaryDividend |
Aug 30, 2023 | $0.036 | OrdinaryDividend |
Jul 31, 2023 | $0.034 | OrdinaryDividend |
Jun 30, 2023 | $0.035 | OrdinaryDividend |
May 31, 2023 | $0.033 | OrdinaryDividend |
Apr 28, 2023 | $0.029 | OrdinaryDividend |
Mar 31, 2023 | $0.033 | OrdinaryDividend |
Feb 28, 2023 | $0.030 | OrdinaryDividend |
Jan 31, 2023 | $0.028 | OrdinaryDividend |
Dec 30, 2022 | $0.030 | OrdinaryDividend |
Nov 30, 2022 | $0.028 | OrdinaryDividend |
Oct 31, 2022 | $0.024 | OrdinaryDividend |
Sep 30, 2022 | $0.023 | OrdinaryDividend |
Aug 31, 2022 | $0.020 | OrdinaryDividend |
Jul 29, 2022 | $0.016 | OrdinaryDividend |
Jun 30, 2022 | $0.015 | OrdinaryDividend |
May 31, 2022 | $0.014 | OrdinaryDividend |
Apr 29, 2022 | $0.012 | OrdinaryDividend |
Mar 31, 2022 | $0.010 | OrdinaryDividend |
Feb 28, 2022 | $0.009 | OrdinaryDividend |
Jan 31, 2022 | $0.010 | OrdinaryDividend |
Dec 30, 2021 | $0.011 | OrdinaryDividend |
Nov 30, 2021 | $0.012 | OrdinaryDividend |
Oct 29, 2021 | $0.011 | OrdinaryDividend |
Sep 30, 2021 | $0.012 | OrdinaryDividend |
Aug 31, 2021 | $0.012 | OrdinaryDividend |
Jul 30, 2021 | $0.012 | OrdinaryDividend |
Jun 30, 2021 | $0.013 | OrdinaryDividend |
May 28, 2021 | $0.014 | OrdinaryDividend |
Apr 30, 2021 | $0.012 | OrdinaryDividend |
Mar 31, 2021 | $0.014 | OrdinaryDividend |
Feb 26, 2021 | $0.011 | OrdinaryDividend |
Jan 29, 2021 | $0.013 | OrdinaryDividend |
Dec 31, 2020 | $0.016 | OrdinaryDividend |
Nov 30, 2020 | $0.015 | OrdinaryDividend |
Oct 30, 2020 | $0.015 | OrdinaryDividend |
Sep 30, 2020 | $0.015 | OrdinaryDividend |
Aug 31, 2020 | $0.015 | OrdinaryDividend |
Jul 31, 2020 | $0.016 | OrdinaryDividend |
Jun 30, 2020 | $0.017 | OrdinaryDividend |
May 29, 2020 | $0.018 | OrdinaryDividend |
Apr 30, 2020 | $0.020 | OrdinaryDividend |
Mar 31, 2020 | $0.024 | OrdinaryDividend |
Feb 28, 2020 | $0.020 | OrdinaryDividend |
Jan 31, 2020 | $0.021 | OrdinaryDividend |
Dec 31, 2019 | $0.025 | OrdinaryDividend |
Nov 29, 2019 | $0.023 | OrdinaryDividend |
Oct 31, 2019 | $0.023 | OrdinaryDividend |
Sep 30, 2019 | $0.023 | OrdinaryDividend |
Aug 30, 2019 | $0.024 | OrdinaryDividend |
Jul 31, 2019 | $0.025 | OrdinaryDividend |
Jun 28, 2019 | $0.025 | OrdinaryDividend |
May 31, 2019 | $0.027 | OrdinaryDividend |
Apr 30, 2019 | $0.026 | OrdinaryDividend |
Mar 29, 2019 | $0.026 | OrdinaryDividend |
Feb 28, 2019 | $0.025 | OrdinaryDividend |
Jan 31, 2019 | $0.024 | OrdinaryDividend |
Dec 31, 2018 | $0.024 | OrdinaryDividend |
Nov 30, 2018 | $0.025 | OrdinaryDividend |
Oct 31, 2018 | $0.024 | OrdinaryDividend |
Sep 28, 2018 | $0.023 | OrdinaryDividend |
Aug 31, 2018 | $0.023 | OrdinaryDividend |
Jul 31, 2018 | $0.022 | OrdinaryDividend |
Jun 29, 2018 | $0.023 | OrdinaryDividend |
May 31, 2018 | $0.024 | OrdinaryDividend |
Apr 30, 2018 | $0.019 | OrdinaryDividend |
Mar 29, 2018 | $0.021 | OrdinaryDividend |
Feb 28, 2018 | $0.018 | OrdinaryDividend |
Jan 31, 2018 | $0.018 | OrdinaryDividend |
Dec 29, 2017 | $0.018 | OrdinaryDividend |
Nov 30, 2017 | $0.020 | OrdinaryDividend |
Oct 31, 2017 | $0.019 | OrdinaryDividend |
Sep 29, 2017 | $0.020 | OrdinaryDividend |
Aug 31, 2017 | $0.018 | OrdinaryDividend |
Jul 31, 2017 | $0.019 | OrdinaryDividend |
Jun 30, 2017 | $0.017 | OrdinaryDividend |
May 31, 2017 | $0.021 | OrdinaryDividend |
Apr 28, 2017 | $0.017 | OrdinaryDividend |
Mar 31, 2017 | $0.017 | OrdinaryDividend |
Feb 28, 2017 | $0.015 | OrdinaryDividend |
Jan 31, 2017 | $0.017 | OrdinaryDividend |
Dec 30, 2016 | $0.018 | OrdinaryDividend |
Nov 30, 2016 | $0.019 | OrdinaryDividend |
Oct 31, 2016 | $0.020 | OrdinaryDividend |
Sep 30, 2016 | $0.019 | OrdinaryDividend |
Aug 31, 2016 | $0.019 | OrdinaryDividend |
Jul 29, 2016 | $0.021 | OrdinaryDividend |
Jun 30, 2016 | $0.019 | OrdinaryDividend |
May 31, 2016 | $0.018 | OrdinaryDividend |
Apr 29, 2016 | $0.020 | OrdinaryDividend |
Mar 31, 2016 | $0.021 | OrdinaryDividend |
Feb 29, 2016 | $0.017 | OrdinaryDividend |
Jan 29, 2016 | $0.016 | OrdinaryDividend |
Dec 31, 2015 | $0.020 | OrdinaryDividend |
Nov 30, 2015 | $0.019 | OrdinaryDividend |
Oct 30, 2015 | $0.019 | OrdinaryDividend |
Sep 30, 2015 | $0.018 | OrdinaryDividend |
Aug 31, 2015 | $0.019 | OrdinaryDividend |
Jul 31, 2015 | $0.019 | OrdinaryDividend |
Jun 30, 2015 | $0.018 | OrdinaryDividend |
May 29, 2015 | $0.022 | OrdinaryDividend |
Apr 30, 2015 | $0.017 | OrdinaryDividend |
Mar 31, 2015 | $0.017 | OrdinaryDividend |
Feb 27, 2015 | $0.018 | OrdinaryDividend |
Jan 30, 2015 | $0.017 | OrdinaryDividend |
Dec 31, 2014 | $0.019 | OrdinaryDividend |
Nov 28, 2014 | $0.017 | OrdinaryDividend |
Oct 31, 2014 | $0.016 | OrdinaryDividend |
Sep 30, 2014 | $0.016 | OrdinaryDividend |
Aug 29, 2014 | $0.016 | OrdinaryDividend |
Jul 31, 2014 | $0.017 | OrdinaryDividend |
Jun 30, 2014 | $0.016 | OrdinaryDividend |
May 30, 2014 | $0.020 | OrdinaryDividend |
Apr 30, 2014 | $0.014 | OrdinaryDividend |
Mar 31, 2014 | $0.012 | OrdinaryDividend |
Feb 28, 2014 | $0.012 | OrdinaryDividend |
Jan 31, 2014 | $0.012 | OrdinaryDividend |
Dec 31, 2013 | $0.013 | OrdinaryDividend |
Nov 29, 2013 | $0.012 | OrdinaryDividend |
Oct 31, 2013 | $0.009 | OrdinaryDividend |
Sep 30, 2013 | $0.008 | OrdinaryDividend |
Aug 30, 2013 | $0.012 | OrdinaryDividend |
Jul 31, 2013 | $0.013 | OrdinaryDividend |
Jun 28, 2013 | $0.014 | OrdinaryDividend |
May 31, 2013 | $0.014 | OrdinaryDividend |
Apr 30, 2013 | $0.015 | OrdinaryDividend |
Mar 28, 2013 | $0.013 | OrdinaryDividend |
Feb 28, 2013 | $0.014 | OrdinaryDividend |
Jan 31, 2013 | $0.013 | OrdinaryDividend |
Dec 31, 2012 | $0.018 | OrdinaryDividend |
Dec 05, 2012 | $0.003 | CapitalGainShortTerm |
Nov 30, 2012 | $0.016 | OrdinaryDividend |
Oct 31, 2012 | $0.016 | OrdinaryDividend |
Sep 28, 2012 | $0.016 | OrdinaryDividend |
Aug 31, 2012 | $0.018 | OrdinaryDividend |
Jul 31, 2012 | $0.020 | OrdinaryDividend |
Jun 29, 2012 | $0.024 | OrdinaryDividend |
May 31, 2012 | $0.023 | OrdinaryDividend |
Apr 30, 2012 | $0.022 | OrdinaryDividend |
Mar 30, 2012 | $0.014 | OrdinaryDividend |
Feb 29, 2012 | $0.018 | OrdinaryDividend |
Jan 31, 2012 | $0.015 | OrdinaryDividend |
Dec 30, 2011 | $0.013 | OrdinaryDividend |
Nov 30, 2011 | $0.007 | OrdinaryDividend |
Oct 31, 2011 | $0.009 | OrdinaryDividend |
DLSNX - Fund Manager Analysis
Managers
Luz Padilla
Start Date
Tenure
Tenure Rank
Sep 30, 2011
10.67
10.7%
Ms. Padilla joined DoubleLine in 2009 as the Director of the Emerging Markets Group and is the lead Portfolio Manager. Prior to DoubleLine, she was a Managing Director at TCW. She began working at TCW in 1994, where she had served in a number of roles of increasing responsibility with the group, including Credit Analyst, Director of Research, Co-Portfolio Manager since December 2001, and lead Portfolio Manager since October 2006. She was involved in all aspects of building and managing TCW's Emerging Markets Fixed Income business including credit, securitization, trading and marketing. Ms. Padilla attended University of California at Berkeley as a fellow of the Robert A. Toigo Foundation and graduated with an MBA in 1994. Ms. Padilla received her BA in Economics in 1989 from Stanford University in Palo Alto, California.
Robert Cohen
Start Date
Tenure
Tenure Rank
Sep 08, 2016
5.73
5.7%
Mr. Cohen joined DoubleLine’s Global Developed Credit Group in 2012. He is the Director of the group and also a permanent member of the Fixed Income Asset Allocation committee. Prior to DoubleLine, he was a Senior Credit Analyst at West Gate Horizons Advisors (and its predecessor ING Capital Advisors) where he worked as an analyst covering bank loans and high yield bonds since 2001. Prior to joining ING, Mr. Cohen was an Assistant Vice President in the Asset Management Group of Union Bank. At Union Bank, Mr. Cohen managed a diversified portfolio of leveraged loans as well as a portfolio of CDO securities. Prior to Union Bank, he was an Associate Director of Corporate and Investment Banking at the Bank of Montreal in their Natural Resources Group. He holds a BA in Economics from the University of Arizona and an MBA from the University of Southern California. He is a CFA charterholder.
Jeffrey Sherman
Start Date
Tenure
Tenure Rank
Jul 31, 2019
2.84
2.8%
As DoubleLine’s Deputy Chief Investment Officer, Jeffrey Sherman oversees and administers DoubleLine’s Investment Management sub-committee coordinating and implementing policies and processes across the investment teams. He also serves as lead portfolio manager for multi-sector and derivative-based strategies. He is a member of DoubleLine’s Executive Management and Fixed Income Asset Allocation Committees. Prior to joining DoubleLine in 2009, he was a Senior Vice President at TCW where he worked as a portfolio manager and quantitative analyst focused on fixed income and real-asset portfolios.
Jeffrey Gundlach
Start Date
Tenure
Tenure Rank
Jul 31, 2019
2.84
2.8%
Mr. Gundlach is CEO of DoubleLine. In 2011, he appeared on the cover of Barron's as "The New Bond King." In 2013, Institutional Investor named him "Money Manager of the Year." In 2012, 2015 and 2016, he was named one of "The Fifty Most Influential" in Bloomberg Markets. In 2017, he was inducted into the FIASI Fixed Income Hall of Fame. Mr. Gundlach is a summa cum laude graduate of Dartmouth College, with degrees in Mathematics and Philosophy.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.19 | 2.41 |