- What does DLFNX 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 may invest up to 331/3% of its net assets in junk bonds, bank loans and assignments rated below investment grade or unrated but determined by the adviser to be of comparable quality, and credit default swaps of companies in the high yield universe. It may invest up to 5% of its net assets in defaulted corporate securities.
- What is the expense ratio of DLFNX?
- DoubleLine Core Fixed Income Fund (DLFNX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- What is DLFNX's dividend yield?
- DLFNX's trailing-twelve-month yield is 4.52%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of DLFNX?
- Effective duration measures DLFNX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DLFNX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of DLFNX?
- DLFNX'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 DLFNX?
- Yield to maturity (YTM) is the total return you'd earn from DLFNX if every bond in the portfolio is held to maturity at the current price. DLFNX'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.
