- What does DLELX invest in?
- The advisor intends to invest principally in bonds of issuers in emerging market countries denominated in local (non-U.S.) currencies. Under normal circumstances, the advisor intends to invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in bonds of issuers in emerging market countries denominated in the currencies of emerging market countries. It is non-diversified.
- What is the expense ratio of DLELX?
- DoubleLine Emerging Markets Local Currency Bond Fund Class N (DLELX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.
- What is DLELX's dividend yield?
- DLELX's trailing-twelve-month yield is 5.01%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of DLELX?
- Effective duration measures DLELX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DLELX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of DLELX?
- DLELX'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 DLELX?
- Yield to maturity (YTM) is the total return you'd earn from DLELX if every bond in the portfolio is held to maturity at the current price. DLELX'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.
