# DoubleLine Strategic Commodity Fund - Class N (DLCMX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dlcmx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: DoubleLine · Asset class: Commodity - Strategy: Actively Managed · Inception: 2015-05-18 The DoubleLine Strategic Commodity Fund - Class N (DLCMX) aims to generate long-term total returns. It pursues this objective by strategically investing in commodity-related assets, employing both 'long' (profiting from price increases) and 'short' (profiting from price decreases) positions. The fund's management primarily gains exposure to these commodity markets through various financial instruments, including derivatives contracts and securities. To amplify its overall commodity exposure, the Advisor utilizes investment leverage. Under typical market conditions, the fund anticipates main... ## Key Facts | Metric | Value | |---|---| | Price | $10.54 | | Expense Ratio | 1.36% | | Assets Under Management | $91.3M | | NAV | $10.54 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 1.85% | | Annual Distribution (TTM) | $0.20 /share | | Distribution Frequency | Annual | | 52-Week Range | $7.05 – $10.65 | | Beta | 0.73 | ## Latest Distribution - Amount: $0.1953 /share - Ex-date: 2025-12-31 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does DLCMX invest in? The DoubleLine Strategic Commodity Fund - Class N (DLCMX) aims to generate long-term total returns. It pursues this objective by strategically investing in commodity-related assets, employing both 'long' (profiting from price increases) and 'short' (profiting from price decreases) positions. The fund's management primarily gains exposure to these commodity markets through various financial instruments, including derivatives contracts and securities. To amplify its overall commodity exposure, the Advisor utilizes investment leverage. Under typical market conditions, the fund anticipates maintaining commodity exposure equivalent to up to 100% of its total asset value. ### What is the expense ratio of DLCMX? DoubleLine Strategic Commodity Fund - Class N (DLCMX) charges an expense ratio of 1.36%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DLCMX? DoubleLine Strategic Commodity Fund - Class N (DLCMX) manages $91.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DLCMX actively managed or an index fund? DLCMX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DLCMX's is 1.36%) in exchange for the discretion to over- or under-weight positions. ### When was DLCMX launched? DoubleLine Strategic Commodity Fund - Class N (DLCMX) launched in May 2015 and is managed by DoubleLine. ### How has DLCMX performed? DLCMX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DLCMX pay a dividend? DoubleLine Strategic Commodity Fund - Class N (DLCMX) currently distributes little or no income. Trailing-twelve-month yield is 1.85%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DLCMX pay dividends? DoubleLine Strategic Commodity Fund - Class N pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DLCMX's dividend yield? DLCMX's trailing-twelve-month yield is 1.85%, calculated from the sum of dividends over the past year divided by the current price. ### When is DLCMX's next ex-dividend date? The most recently announced ex-dividend date for DLCMX was 2025-12-31. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will DLCMX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.36% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DLCMX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DLCMX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DLCMX cost more than a fund like VOO? DLCMX is actively managed (current expense ratio 1.36%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DLCMX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DLCMX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DLCMX (1.36%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dlcmx - Distribution history: https://www.dividenddata.com/funds/dlcmx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dlcmx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dlcmx/expenses - Peer comparison: https://www.dividenddata.com/funds/dlcmx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.