- What does DLTNX invest in?
- The fund's advisor intends to invest a substantial portion, at least 80% of its net assets—including any funds borrowed for investment purposes—in bonds. More than half of these net assets will be specifically allocated to residential and commercial mortgage-backed securities, as well as U.S. Treasury obligations. To ensure quality, these particular holdings must, at the time of acquisition, possess a credit rating of at least Aa3 from Moody's or AA- from S&P, an equivalent rating from another nationally recognized statistical rating organization, or be unrated but judged by the advisor to be of comparable high quality.
- What is the expense ratio of DLTNX?
- DoubleLine Total Return Bond Fund Class N (DLTNX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- What is DLTNX's dividend yield?
- DLTNX's trailing-twelve-month yield is 4.64%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of DLTNX?
- Effective duration measures DLTNX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DLTNX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of DLTNX?
- DLTNX'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 DLTNX?
- Yield to maturity (YTM) is the total return you'd earn from DLTNX if every bond in the portfolio is held to maturity at the current price. DLTNX'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.
