# DoubleLine Real Estate and Income Fund - Class N (DLREX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dlrex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: DoubleLine · Asset class: Bond - Strategy: Thematic · Inception: 2018-12-17 The DoubleLine Real Estate and Income Fund strives to replicate the investment performance of the DigitalBridge Fundamental US Real Estate Index. It achieves this by primarily utilizing derivative instruments, sometimes complemented by direct investments. Ordinarily, the fund manager dedicates an amount nearly equal to its total net assets to a portfolio of debt securities. Simultaneously, it establishes synthetic exposure to the specified index, ensuring the fund's economic alignment with the index corresponds to its full net asset value. ## Key Facts | Metric | Value | |---|---| | Price | $8.49 | | Expense Ratio | — | | Assets Under Management | $6.7M | | NAV | $8.49 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $8.42 – $11.49 | | Beta | 1.09 | ## Latest Distribution - Amount: $0.0308 /share - Ex-date: 2023-10-26 - Pay date: — ## Frequently Asked Questions ### What does DLREX invest in? The DoubleLine Real Estate and Income Fund strives to replicate the investment performance of the DigitalBridge Fundamental US Real Estate Index. It achieves this by primarily utilizing derivative instruments, sometimes complemented by direct investments. Ordinarily, the fund manager dedicates an amount nearly equal to its total net assets to a portfolio of debt securities. Simultaneously, it establishes synthetic exposure to the specified index, ensuring the fund's economic alignment with the index corresponds to its full net asset value. ### What is the expense ratio of DLREX? An expense ratio for DoubleLine Real Estate and Income Fund - Class N (DLREX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### What is the duration of DLREX? Effective duration measures DLREX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DLREX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of DLREX? DLREX'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 DLREX? Yield to maturity (YTM) is the total return you'd earn from DLREX if every bond in the portfolio is held to maturity at the current price. DLREX'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. ### How big is DLREX? DoubleLine Real Estate and Income Fund - Class N (DLREX) manages $6.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does DLREX pay a dividend? DoubleLine Real Estate and Income Fund - Class N (DLREX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DLREX pay dividends? DoubleLine Real Estate and 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. ### What is DLREX's dividend yield? DLREX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is DLREX's next ex-dividend date? The most recently announced ex-dividend date for DLREX was 2023-10-26. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### Why is DLREX's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for DoubleLine Real Estate and Income Fund - Class N (DLREX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does DLREX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DLREX'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. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dlrex - Distribution history: https://www.dividenddata.com/funds/dlrex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dlrex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dlrex/expenses - Peer comparison: https://www.dividenddata.com/funds/dlrex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.