Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.8%
1 yr return
3.6%
3 Yr Avg Return
-1.7%
5 Yr Avg Return
0.9%
Net Assets
$365 M
Holdings in Top 10
24.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 23.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BILTX - Profile
Distributions
- YTD Total Return -0.8%
- 3 Yr Annualized Total Return -1.7%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.38%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDoubleLine Infrastructure Income Fund
-
Fund Family NameDoubleLine Funds
-
Inception DateApr 01, 2016
-
Shares Outstanding80444
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDamien Contes
Fund Description
• | by companies or other issuers to finance (or re‑finance) the ownership, development, construction, maintenance, renovation, enhancement, or operation of infrastructure assets; |
• | by companies or other issuers that invest in, own, lease or hold infrastructure assets; and |
• | by companies or other issuers that operate infrastructure assets or provide services, products or raw materials related to the development, construction, maintenance, renovation, enhancement or operation of infrastructure assets. |
• | transportation (e.g., airports, metro systems, subways, railroads, ports, toll roads); |
• | transportation equipment (e.g., shipping, aircraft, railcars, containers); |
• | electric utilities and power (e.g., power generation, transmission and distribution); |
• | energy (e.g., exploration and production, pipeline, storage, refining and distribution of energy), including renewable energies (e.g., wind, solar, hydro, geothermal); |
• | communication networks and equipment; |
• | water and sewage treatment; |
• | social infrastructure (e.g., health care facilities, government buildings and other public service facilities); and |
• | metals, mining, and other resources and services related to infrastructure assets (e.g., cement, chemical companies). |
BILTX - Performance
Return Ranking - Trailing
Period | BILTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -12.5% | 2.8% | 2.49% |
1 Yr | 3.6% | -10.5% | 10.2% | 2.00% |
3 Yr | -1.7%* | -11.1% | 24.6% | 3.89% |
5 Yr | 0.9%* | -7.0% | 190.6% | 15.02% |
10 Yr | N/A* | -2.6% | 73.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | BILTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -16.2% | 8.1% | 2.00% |
2022 | -14.2% | -34.7% | 131.9% | 11.53% |
2021 | -3.2% | -11.6% | 4.4% | 43.02% |
2020 | 2.4% | -10.1% | 946.1% | 78.85% |
2019 | 4.6% | -1.7% | 16.9% | 75.20% |
Total Return Ranking - Trailing
Period | BILTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -12.5% | 2.8% | 2.49% |
1 Yr | 3.6% | -10.5% | 10.2% | 2.00% |
3 Yr | -1.7%* | -11.1% | 24.6% | 3.89% |
5 Yr | 0.9%* | -7.0% | 190.6% | 15.02% |
10 Yr | N/A* | -2.6% | 73.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BILTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -11.3% | 11.0% | 1.50% |
2022 | -11.7% | -32.2% | 131.9% | 9.49% |
2021 | 0.2% | -9.4% | 9.2% | 19.49% |
2020 | 5.6% | -1.9% | 1009.0% | 90.31% |
2019 | 8.3% | 1.1% | 21668.0% | 65.44% |
NAV & Total Return History
BILTX - Holdings
Concentration Analysis
BILTX | Category Low | Category High | BILTX % Rank | |
---|---|---|---|---|
Net Assets | 365 M | 2.9 M | 314 B | 69.98% |
Number of Holdings | 101 | 1 | 17889 | 94.58% |
Net Assets in Top 10 | 90 M | -106 M | 36.5 B | 71.30% |
Weighting of Top 10 | 24.65% | 4.4% | 134.1% | 48.71% |
Top 10 Holdings
- American Tower Corp 2.72%
- ATT Inc 2.63%
- Dominion Energy Inc 2.59%
- Southern Co/The 2.58%
- NiSource Inc 2.52%
- Verizon Communications Inc 2.50%
- Ohio Power Co 2.34%
- Eversource Energy 2.34%
- Energy Transfer LP 2.26%
- Crown Castle Inc 2.17%
Asset Allocation
Weighting | Return Low | Return High | BILTX % Rank | |
---|---|---|---|---|
Bonds | 60.36% | 0.00% | 215.98% | 96.85% |
Other | 34.40% | -13.23% | 50.66% | 0.99% |
Cash | 5.24% | -54.51% | 79.52% | 29.59% |
Convertible Bonds | 1.85% | 0.00% | 7.93% | 35.45% |
Stocks | 0.00% | 0.00% | 99.93% | 65.26% |
Preferred Stocks | 0.00% | 0.00% | 74.68% | 62.62% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BILTX % Rank | |
---|---|---|---|---|
Securitized | 54.23% | 0.00% | 98.40% | 11.62% |
Corporate | 39.11% | 0.00% | 100.00% | 23.04% |
Cash & Equivalents | 3.34% | 0.00% | 76.23% | 42.50% |
Government | 0.79% | 0.00% | 86.23% | 95.73% |
Derivative | 0.00% | -3.37% | 50.66% | 66.47% |
Municipal | 0.00% | 0.00% | 100.00% | 86.30% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BILTX % Rank | |
---|---|---|---|---|
US | 60.36% | 0.00% | 215.98% | 96.75% |
Non US | 0.00% | 0.00% | 39.04% | 67.55% |
BILTX - Expenses
Operational Fees
BILTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.01% | 39.10% | 39.36% |
Management Fee | 0.50% | 0.00% | 1.76% | 89.84% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.18% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
BILTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BILTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BILTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 23.00% | 2.00% | 493.39% | 4.40% |
BILTX - Distributions
Dividend Yield Analysis
BILTX | Category Low | Category High | BILTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.26% | 71.26% |
Dividend Distribution Analysis
BILTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BILTX | Category Low | Category High | BILTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.38% | -1.28% | 4.79% | 13.90% |
Capital Gain Distribution Analysis
BILTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.028 | OrdinaryDividend |
Feb 29, 2024 | $0.028 | OrdinaryDividend |
Jan 31, 2024 | $0.027 | OrdinaryDividend |
Dec 29, 2023 | $0.027 | OrdinaryDividend |
Nov 30, 2023 | $0.027 | OrdinaryDividend |
Oct 31, 2023 | $0.028 | OrdinaryDividend |
Sep 29, 2023 | $0.026 | OrdinaryDividend |
Aug 31, 2023 | $0.025 | OrdinaryDividend |
Jul 31, 2023 | $0.026 | OrdinaryDividend |
Jun 30, 2023 | $0.025 | OrdinaryDividend |
May 31, 2023 | $0.022 | OrdinaryDividend |
Apr 28, 2023 | $0.020 | OrdinaryDividend |
Mar 31, 2023 | $0.025 | OrdinaryDividend |
Feb 28, 2023 | $0.023 | OrdinaryDividend |
Jan 31, 2023 | $0.021 | OrdinaryDividend |
Dec 30, 2022 | $0.024 | OrdinaryDividend |
Nov 30, 2022 | $0.022 | OrdinaryDividend |
Oct 31, 2022 | $0.022 | OrdinaryDividend |
Sep 30, 2022 | $0.022 | OrdinaryDividend |
Aug 31, 2022 | $0.020 | OrdinaryDividend |
Jul 29, 2022 | $0.021 | OrdinaryDividend |
Jun 30, 2022 | $0.020 | OrdinaryDividend |
May 31, 2022 | $0.010 | OrdinaryDividend |
Apr 29, 2022 | $0.018 | OrdinaryDividend |
Mar 31, 2022 | $0.017 | OrdinaryDividend |
Feb 28, 2022 | $0.018 | OrdinaryDividend |
Jan 31, 2022 | $0.017 | OrdinaryDividend |
Dec 30, 2021 | $0.020 | OrdinaryDividend |
Nov 30, 2021 | $0.019 | OrdinaryDividend |
Oct 29, 2021 | $0.019 | OrdinaryDividend |
Sep 30, 2021 | $0.018 | OrdinaryDividend |
Aug 31, 2021 | $0.019 | OrdinaryDividend |
Jul 30, 2021 | $0.035 | OrdinaryDividend |
Jun 30, 2021 | $0.020 | OrdinaryDividend |
May 28, 2021 | $0.025 | OrdinaryDividend |
Apr 30, 2021 | $0.020 | OrdinaryDividend |
Mar 31, 2021 | $0.025 | OrdinaryDividend |
Feb 26, 2021 | $0.021 | OrdinaryDividend |
Jan 29, 2021 | $0.019 | OrdinaryDividend |
Dec 31, 2020 | $0.032 | OrdinaryDividend |
Nov 30, 2020 | $0.020 | OrdinaryDividend |
Oct 30, 2020 | $0.024 | OrdinaryDividend |
Sep 30, 2020 | $0.023 | OrdinaryDividend |
Aug 31, 2020 | $0.022 | OrdinaryDividend |
Jul 31, 2020 | $0.024 | OrdinaryDividend |
Jun 30, 2020 | $0.022 | OrdinaryDividend |
May 29, 2020 | $0.028 | OrdinaryDividend |
Apr 30, 2020 | $0.023 | OrdinaryDividend |
Mar 31, 2020 | $0.013 | OrdinaryDividend |
Feb 28, 2020 | $0.023 | OrdinaryDividend |
Jan 31, 2020 | $0.025 | OrdinaryDividend |
Dec 31, 2019 | $0.043 | OrdinaryDividend |
Nov 29, 2019 | $0.025 | OrdinaryDividend |
Oct 31, 2019 | $0.026 | OrdinaryDividend |
Sep 30, 2019 | $0.025 | OrdinaryDividend |
Aug 30, 2019 | $0.026 | OrdinaryDividend |
Jul 31, 2019 | $0.027 | OrdinaryDividend |
Jun 28, 2019 | $0.025 | OrdinaryDividend |
May 31, 2019 | $0.031 | OrdinaryDividend |
Apr 30, 2019 | $0.025 | OrdinaryDividend |
Mar 29, 2019 | $0.027 | OrdinaryDividend |
Feb 28, 2019 | $0.025 | OrdinaryDividend |
Jan 31, 2019 | $0.025 | OrdinaryDividend |
Dec 31, 2018 | $0.025 | OrdinaryDividend |
Nov 30, 2018 | $0.026 | OrdinaryDividend |
Oct 31, 2018 | $0.026 | OrdinaryDividend |
Sep 28, 2018 | $0.024 | OrdinaryDividend |
Aug 31, 2018 | $0.025 | OrdinaryDividend |
Jul 31, 2018 | $0.025 | OrdinaryDividend |
Jun 29, 2018 | $0.025 | OrdinaryDividend |
May 31, 2018 | $0.022 | OrdinaryDividend |
Apr 30, 2018 | $0.022 | OrdinaryDividend |
Mar 29, 2018 | $0.025 | OrdinaryDividend |
Feb 28, 2018 | $0.023 | OrdinaryDividend |
Jan 31, 2018 | $0.019 | OrdinaryDividend |
Dec 29, 2017 | $0.039 | OrdinaryDividend |
Nov 30, 2017 | $0.025 | OrdinaryDividend |
Oct 31, 2017 | $0.025 | OrdinaryDividend |
Sep 29, 2017 | $0.024 | OrdinaryDividend |
Aug 31, 2017 | $0.024 | OrdinaryDividend |
Jul 31, 2017 | $0.024 | OrdinaryDividend |
Jun 30, 2017 | $0.024 | OrdinaryDividend |
May 31, 2017 | $0.028 | OrdinaryDividend |
Apr 28, 2017 | $0.031 | OrdinaryDividend |
Mar 31, 2017 | $0.020 | OrdinaryDividend |
Feb 28, 2017 | $0.020 | OrdinaryDividend |
Jan 31, 2017 | $0.016 | OrdinaryDividend |
Dec 30, 2016 | $0.028 | OrdinaryDividend |
Nov 30, 2016 | $0.024 | OrdinaryDividend |
Oct 31, 2016 | $0.020 | OrdinaryDividend |
Sep 30, 2016 | $0.027 | OrdinaryDividend |
Aug 31, 2016 | $0.023 | OrdinaryDividend |
Jul 29, 2016 | $0.010 | OrdinaryDividend |
May 31, 2016 | $0.022 | OrdinaryDividend |
Apr 29, 2016 | $0.002 | OrdinaryDividend |
BILTX - Fund Manager Analysis
Managers
Damien Contes
Start Date
Tenure
Tenure Rank
Apr 01, 2016
6.17
6.2%
Mr. Contes is a Global Infrastructure Investments portfolio manager. He joined DoubleLine Capital in 2013 as a member of the Emerging Markets Fixed Income group focusing on transportation and energy sectors. Prior to joining DoubleLine Capital, he was a member of the investment team at ICE Canyon, LLC for six years.
Andrew Hsu
Start Date
Tenure
Tenure Rank
Apr 01, 2016
6.17
6.2%
Mr. Hsu is a Global Infrastructure Investments portfolio manager. He has been a member of the investment team at DoubleLine Capital since 2009 focusing on structured products. Prior to joining DoubleLine Capital, he was a member of the investment team at Trust Company of the West for seven years.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.43 | 6.81 | 1.16 |