# DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dlenx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: DoubleLine · Asset class: Currency - Strategy: Thematic · Inception: 2010-04-06 The advisor intends to invest at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in fixed income instruments. The fund will generally invest in at least four emerging market countries. It may invest in hybrid securities relating to emerging market countries. The fund may invest up to 20% of its net assets in defaulted corporate securities. It may invest in derivatives and other instruments, such as options, swaps (including credit default swaps), futures, structured investments, foreign currency futures and forward contracts. ## Key Facts | Metric | Value | |---|---| | Price | $8.73 | | Expense Ratio | 1.18% | | Assets Under Management | $298.7M | | NAV | $8.73 | | Holdings Count | — | | Distribution Yield (TTM) | 5.31% | | Annual Distribution (TTM) | $0.46 /share | | Distribution Frequency | Monthly | | 52-Week Range | $8.64 – $9.23 | | Beta | 0.70 | ## Latest Distribution - Amount: $0.0301 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does DLENX invest in? The advisor intends to invest at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in fixed income instruments. The fund will generally invest in at least four emerging market countries. It may invest in hybrid securities relating to emerging market countries. The fund may invest up to 20% of its net assets in defaulted corporate securities. It may invest in derivatives and other instruments, such as options, swaps (including credit default swaps), futures, structured investments, foreign currency futures and forward contracts. ### What is the expense ratio of DLENX? DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) charges an expense ratio of 1.18%. This is the annual fee deducted from fund assets to cover management and operations. ### What is DLENX's dividend yield? DLENX's trailing-twelve-month yield is 5.31%, calculated from the sum of dividends over the past year divided by the current price. ### How big is DLENX? DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) manages $298.7M 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 DLENX actively managed or an index fund? DLENX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was DLENX launched? DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) launched in April 2010 and is managed by DoubleLine. ### Does DLENX pay a dividend? Yes, DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.31%. Full dividend history is on this page. ### How often does DLENX pay dividends? DoubleLine Emerging Markets Fixed Income Fund Class N pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is DLENX's next ex-dividend date? The most recently announced ex-dividend date for DLENX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will DLENX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.18% 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 DLENX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DLENX'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 DLENX cost more than a fund like VOO? DLENX's strategy (current expense ratio 1.18%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DLENX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DLENX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DLENX (1.18%) 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/dlenx - Distribution history: https://www.dividenddata.com/funds/dlenx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dlenx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dlenx/expenses - Peer comparison: https://www.dividenddata.com/funds/dlenx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.