DoubleLine Total Return Bond Fund Class I

Frequently Asked Questions About DBLTX

What does DBLTX invest in?

The fund's advisor commits to investing a minimum of 80% of its net assets, including any borrowed capital for investment purposes, into various debt securities. More than half of these net assets will specifically target residential and commercial mortgage-backed securities (MBS) and U.S. Treasury obligations. These holdings are required to possess a credit rating of at least Aa3 from Moody's or AA- from S&P, or an equivalent rating from another nationally recognized statistical rating organization, at the time of purchase. Unrated securities may also be acquired if the advisor determines them to be of comparable quality.

What is the expense ratio of DBLTX?

DoubleLine Total Return Bond Fund Class I (DBLTX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

What is DBLTX's dividend yield?

DBLTX's trailing-twelve-month yield is 4.96%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DBLTX?

Effective duration measures DBLTX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DBLTX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DBLTX?

DBLTX'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 DBLTX?

Yield to maturity (YTM) is the total return you'd earn from DBLTX if every bond in the portfolio is held to maturity at the current price. DBLTX'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.