DoubleLine Flexible Income Fund

Frequently Asked Questions About DLINX

What does DLINX invest in?

The fund seeks to achieve its investment objective by active asset allocation among market sectors in the fixed income universe. These sectors may include, for example, U.S. government securities, corporate debt securities, mortgage- and other asset-backed securities, foreign debt securities, including emerging market debt securities, loans, and high yield debt securities. It may invest in securities of any credit quality. The fund may invest without limit in securities rated below investment grade or unrated securities judged by the adviser to be of comparable quality.

What is the expense ratio of DLINX?

DoubleLine Flexible Income Fund (DLINX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.

What is DLINX's dividend yield?

DLINX's trailing-twelve-month yield is 5.25%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DLINX?

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

What is the credit quality of DLINX?

DLINX'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 DLINX?

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