- What does DBLSX invest in?
- Typically, the fund's manager aims to predominantly allocate capital to debt instruments and other income-generating assets. These holdings will generally be of investment-grade quality or unrated securities that the Adviser deems to possess comparable creditworthiness. A minimum of 80% of the fund's net assets (including any assets acquired through borrowing for investment purposes) will be committed to bonds. Nevertheless, the fund reserves the right to allocate as much as 50% of its overall assets to income-generating instruments that are considered sub-investment grade or unrated securities that the Adviser judges to be of similar credit standing.
- What is the expense ratio of DBLSX?
- DoubleLine Low Duration Bond Fund Class I (DBLSX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- What is DBLSX's dividend yield?
- DBLSX's trailing-twelve-month yield is 4.47%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of DBLSX?
- Effective duration measures DBLSX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DBLSX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of DBLSX?
- DBLSX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of DBLSX?
- Yield to maturity (YTM) is the total return you'd earn from DBLSX if every bond in the portfolio is held to maturity at the current price. DBLSX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
