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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

DoubleLine Strategic Commodity Fund

DBCMX | Fund

$11.89

$265 M

11.38%

$1.35

1.11%

Vitals

YTD Return

18.7%

1 yr return

38.2%

3 Yr Avg Return

18.9%

5 Yr Avg Return

12.1%

Net Assets

$265 M

Holdings in Top 10

93.0%

52 WEEK LOW AND HIGH

$12.2
$10.02
$14.23

Expenses

OPERATING FEES

Expense Ratio 1.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 0.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

$5,000

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Commodities Broad Basket

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

DoubleLine Strategic Commodity Fund

DBCMX | Fund

$11.89

$265 M

11.38%

$1.35

1.11%

DBCMX - Profile

Distributions

  • YTD Total Return 18.7%
  • 3 Yr Annualized Total Return 18.9%
  • 5 Yr Annualized Total Return 12.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.97%
DIVIDENDS
  • Dividend Yield 11.4%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    DoubleLine Strategic Commodity Fund
  • Fund Family Name
    DoubleLine
  • Inception Date
    May 18, 2015
  • Shares Outstanding
    18510923
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Sherman

Fund Description

The fund normally seeks to generate long term total return through long and short exposures to commodity-related investments. The Advisor expects to gain commodity-related investment exposure primarily through derivatives contracts, securities, or other instruments. The Advisor uses investment leverage to achieve commodity exposures and expects to have, under normal circumstances, investment exposure to commodities in an amount up to the value of the fund's total assets.

DBCMX - Performance

Return Ranking - Trailing

Period DBCMX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.7% -21.4% 55.2% 21.30%
1 Yr 38.2% -88.7% 188.9% 49.78%
3 Yr 18.9%* -47.9% 52.4% 54.42%
5 Yr 12.1%* -39.9% 82.1% 32.39%
10 Yr N/A* -29.8% 27.7% N/A

* Annualized

Return Ranking - Calendar

Period DBCMX Return Category Return Low Category Return High Rank in Category (%)
2021 15.7% -84.3% 1912.1% 44.84%
2020 -6.1% -87.8% 612.3% 71.82%
2019 3.7% -88.2% 438.4% 66.05%
2018 -11.7% -81.2% 323.8% 33.33%
2017 3.7% -37.6% 55.7% 37.91%

Total Return Ranking - Trailing

Period DBCMX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.7% -49.6% 119.0% 27.39%
1 Yr 38.2% -88.7% 188.9% 48.02%
3 Yr 18.9%* -47.9% 52.4% 52.56%
5 Yr 12.1%* -39.9% 82.1% 30.11%
10 Yr N/A* -29.8% 27.7% N/A

* Annualized

Total Return Ranking - Calendar

Period DBCMX Return Category Return Low Category Return High Rank in Category (%)
2021 15.7% -84.3% 1912.1% 44.84%
2020 -6.1% -87.8% 612.3% 71.82%
2019 3.7% -88.2% 438.4% 66.51%
2018 -10.6% -81.2% 323.8% 32.73%
2017 9.2% -37.6% 55.7% 18.30%

NAV & Total Return History

DBCMX - Holdings

Concentration Analysis

DBCMX Category Low Category High DBCMX % Rank
Net Assets 265 M 346 K 63.1 B 46.84%
Number of Holdings 14 1 846 70.51%
Net Assets in Top 10 245 M 0 63.2 B 62.18%
Weighting of Top 10 92.98% 20.7% 100.0% 38.46%

Top 10 Holdings

  1. Msbfmci Index Swap 100120 79.75%
  2. Msbfmci Index Swap 100120 79.75%
  3. Msbfmci Index Swap 100120 79.75%
  4. Msbfmci Index Swap 100120 79.75%
  5. Msbfmci Index Swap 100120 79.75%
  6. Msbfmci Index Swap 100120 79.75%
  7. Msbfmci Index Swap 100120 79.75%
  8. Msbfmci Index Swap 100120 79.75%
  9. Msbfmci Index Swap 100120 79.75%
  10. Msbfmci Index Swap 100120 79.75%

Asset Allocation

Weighting Return Low Return High DBCMX % Rank
Bonds 		59.27% 0.00% 96.71% 17.95%
Cash 		20.70% -81.87% 100.00% 51.30%
Other 		20.03% -47.59% 165.73% 57.14%
Stocks 		0.00% 0.00% 92.26% 78.21%
Preferred Stocks 		0.00% 0.00% 0.00% 75.32%
Convertible Bonds 		0.00% 0.00% 3.89% 87.66%

Bond Sector Breakdown

Weighting Return Low Return High DBCMX % Rank
Government 		74.12% 0.00% 100.00% 8.03%
Cash & Equivalents 		25.88% 0.00% 100.00% 83.94%
Derivative 		0.00% 0.00% 100.00% 83.21%
Securitized 		0.00% 0.00% 36.61% 89.05%
Corporate 		0.00% 0.00% 46.35% 89.78%
Municipal 		0.00% 0.00% 1.45% 80.29%

Bond Geographic Breakdown

Weighting Return Low Return High DBCMX % Rank
US 		59.27% 0.00% 97.72% 12.99%
Non US 		0.00% -1.01% 21.42% 83.77%

DBCMX - Expenses

Operational Fees

DBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.10% 3.08% 23.18%
Management Fee 0.90% 0.00% 1.75% 87.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

DBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

DBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 460.74% 41.09%

DBCMX - Distributions

Dividend Yield Analysis

DBCMX Category Low Category High DBCMX % Rank
Dividend Yield 11.38% 0.00% 47.60% 34.31%

Dividend Distribution Analysis

DBCMX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

DBCMX Category Low Category High DBCMX % Rank
Net Income Ratio -0.97% -55.71% 52.26% 75.51%

Capital Gain Distribution Analysis

DBCMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Daily Daily

Dividend Payout History

View More +

DBCMX - Fund Manager Analysis

Managers

Jeffrey Sherman

Start Date

Tenure

Tenure Rank

May 18, 2015

7.04

7.0%

As DoubleLine’s Deputy Chief Investment Officer, Jeffrey Sherman oversees and administers DoubleLine’s Investment Management sub-committee coordinating and implementing policies and processes across the investment teams. He also serves as lead portfolio manager for multi-sector and derivative-based strategies. He is a member of DoubleLine’s Executive Management and Fixed Income Asset Allocation Committees. Prior to joining DoubleLine in 2009, he was a Senior Vice President at TCW where he worked as a portfolio manager and quantitative analyst focused on fixed income and real-asset portfolios.

Samuel Lau

Start Date

Tenure

Tenure Rank

Jul 31, 2018

3.84

3.8%

Mr. Lau joined DoubleLine in 2009. He works in portfolio management and trading for derivatives-based and multi-asset strategies.

Jeffrey Mayberry

Start Date

Tenure

Tenure Rank

Jul 31, 2018

3.84

3.8%

Mr. Mayberry works in portfolio management and trading for derivatives-based and multi-asset strategies. He joined DoubleLine in 2009 where he oversaw portfolio analytics, risk management and the development of portfolio management systems. He moved to his current role on the Macro-Asset Allocation team in 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 17.54 6.33 4.37

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