DBLLX: DoubleLine Low Dur Emerg Mkts Fxd Inc I

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DBLLX DoubleLine Low Dur Emerg Mkts Fxd Inc I

  • Fund
  • DBLLX
  • Price as of: Jan 16, 2020
  • $9.92
    - $0.00 - 0.00%

Profile

DBLLX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return 0.4%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $225 M
  • Holdings in Top 10 21.2%

52 WEEK LOW AND HIGH

$9.92
$9.68
$10.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.65%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 42.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA $5,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 3.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.02%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DoubleLine Low Duration Emerging Markets Fixed Income Fund Class I
  • Fund Family Name
    DoubleLine
  • Inception Date
    Apr 07, 2014
  • Shares Outstanding
    20923282
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Luz Padilla

Fund Description

The fund normally invests primarily in debt obligations issued by sovereign, quasi-sovereign and private (non-government) emerging market issuers. Sovereign and quasi-sovereign emerging market issuers include governments of emerging market countries, and governmental entities or agencies, and issuers that are owned, in whole or in part, or whose obligations are guaranteed, in whole or in part, by a government or governmental entity or agency of an emerging market country.


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Categories

Fund Company Quick Screens

DBLLX - Fund Company Quick Screens


Performance

DBLLX - Performance

Return Ranking - Trailing

Period DBLLX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -0.6% 2.3% 67.86%
1 Yr 2.7% 0.5% 16.1% 95.41%
3 Yr 0.4%* -2.0% 7.7% 82.56%
5 Yr 0.3%* -4.4% 6.5% 60.29%
10 Yr N/A* -4.0% 6.2% N/A

* Annualized

Return Ranking - Calendar

Period DBLLX Return Category Return Low Category Return High Rank in Category (%)
2019 3.3% 0.1% 9.4% 88.07%
2018 -2.8% -15.9% 3.1% 18.37%
2017 1.1% 0.1% 10.8% 93.02%
2016 3.6% -1.7% 9.9% 44.59%
2015 -5.1% -21.1% -0.5% 32.35%

Total Return Ranking - Trailing

Period DBLLX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -0.6% 2.3% 67.86%
1 Yr 3.3% 0.5% 16.1% 91.74%
3 Yr 2.6%* -1.4% 7.7% 58.14%
5 Yr 3.0%* -4.0% 6.5% 38.24%
10 Yr N/A* -3.9% 6.2% N/A

* Annualized

Total Return Ranking - Calendar

Period DBLLX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% 0.1% 9.4% 84.40%
2018 0.0% -15.9% 3.1% 10.20%
2017 4.2% 0.1% 12.8% 75.58%
2016 7.0% -1.2% 15.0% 22.97%
2015 -1.6% -21.1% 7.1% 16.18%

NAV & Total Return History


Holdings

DBLLX - Holdings

Concentration Analysis

DBLLX Category Low Category High DBLLX % Rank
Net Assets 225 M 7.19 M 145 B 59.82%
Number of Holdings 136 4 6172 80.36%
Net Assets in Top 10 47.1 M 2.33 M 7.02 B 67.86%
Weighting of Top 10 21.21% 5.0% 2135.7% 75.00%

Top 10 Holdings

  1. Republic of Colombia 4.38% 2.54%
  2. Axiata SPV2 Berhad 3.47% 2.41%
  3. Dominican Republic 7.5% 2.26%
  4. Banco Mercantile del Norte SA Grand Cayman Branch 6.88% 2.02%
  5. Sinopec Group Overseas Development (2015) Limited 2.5% 1.93%
  6. Banco Nacional de Comercio Exterior S.N.C. 3.8% 1.91%
  7. CNOOC Finance (2015) Australia Pty Ltd 2.63% 1.89%
  8. DBS Group Holdings Ltd 3.6% 1.85%
  9. Philippines (Republic Of) 4% 1.83%
  10. CNPC General Capital Ltd 3.95% 1.78%

Asset Allocation

Weighting Return Low Return High DBLLX % Rank
Bonds
96.72% 81.68% 8846.85% 29.46%
Convertible Bonds
2.38% 0.00% 137.32% 3.57%
Cash
0.83% -8884.21% 18.25% 87.50%
Stocks
0.07% 0.00% 101.23% 33.93%
Preferred Stocks
0.00% 0.00% 0.08% 74.11%
Other
0.00% -1.21% 42.34% 75.00%

Stock Sector Breakdown

Weighting Return Low Return High DBLLX % Rank
Energy
100.00% 0.00% 100.00% 29.27%
Utilities
0.00% 0.00% 16.19% 78.05%
Technology
0.00% 0.00% 33.84% 78.05%
Real Estate
0.00% 0.00% 29.67% 75.61%
Industrials
0.00% 0.00% 13.41% 78.05%
Healthcare
0.00% 0.00% 10.63% 78.05%
Financial Services
0.00% 0.00% 100.00% 82.93%
Communication Services
0.00% 0.00% 7.02% 78.05%
Consumer Defense
0.00% 0.00% 13.80% 80.49%
Consumer Cyclical
0.00% 0.00% 29.89% 78.05%
Basic Materials
0.00% 0.00% 32.93% 85.37%

Stock Geographic Breakdown

Weighting Return Low Return High DBLLX % Rank
US
0.07% -0.99% 46.57% 15.18%
Non US
0.00% 0.00% 54.66% 80.36%

Bond Sector Breakdown

Weighting Return Low Return High DBLLX % Rank
Corporate
74.15% 0.00% 87.73% 9.82%
Government
25.02% 6.31% 79.70% 88.39%
Cash & Equivalents
0.84% 0.00% 25.85% 91.96%
Derivative
0.00% 0.00% 73.36% 88.39%
Securitized
0.00% 0.00% 6.49% 80.36%
Municipal
0.00% 0.00% 0.22% 74.11%

Bond Geographic Breakdown

Weighting Return Low Return High DBLLX % Rank
Non US
91.31% 71.84% 8285.60% 33.93%
US
5.41% -13.87% 561.25% 41.96%

Expenses

DBLLX - Expenses

Operational Fees

DBLLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.01% 43.49% 89.52%
Management Fee 0.50% 0.00% 1.60% 23.21%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

DBLLX 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

DBLLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

DBLLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 42.00% 0.00% 269.00% 20.75%

Distributions

DBLLX - Distributions

Dividend Yield Analysis

DBLLX Category Low Category High DBLLX % Rank
Dividend Yield 0.85% 0.00% 2.63% 37.50%

Dividend Distribution Analysis

DBLLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

DBLLX Category Low Category High DBLLX % Rank
Net Income Ratio 3.02% 0.14% 6.75% 55.24%

Capital Gain Distribution Analysis

DBLLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

DBLLX - Fund Manager Analysis

Managers

Luz Padilla


Start Date

Tenure

Tenure Rank

Apr 07, 2014

5.74

5.7%

Ms. Padilla joined DoubleLine in 2009 as the Director of the Emerging Markets Group and is the lead Portfolio Manager. Prior to DoubleLine, she was a Managing Director at TCW. She began working at TCW in 1994, where she had served in a number of roles of increasing responsibility with the group, including Credit Analyst, Director of Research, Co-Portfolio Manager since December 2001, and lead Portfolio Manager since October 2006. She was involved in all aspects of building and managing TCW's Emerging Markets Fixed Income business including credit, securitization, trading and marketing. Ms. Padilla attended University of California at Berkeley as a fellow of the Robert A. Toigo Foundation and graduated with an MBA in 1994. Ms. Padilla received her BA in Economics in 1989 from Stanford University in Palo Alto, California.

Mark Christensen


Start Date

Tenure

Tenure Rank

Apr 07, 2014

5.74

5.7%

Mr. Christensen joined DoubleLine Capital LP in 2009 as a Portfolio Manager, Co-Portfolio Manager, Senior Credit Analyst and Head of Emerging Markets Corporate Research. As part of his research responsibilities, he covers corporate credits in the following sectors: telecommunications, media, aerospace, banking, pulp & paper, chemical, petroleum refining, infrastructure, gaming and retail. Prior to DoubleLine, he was a Managing Director associated with TCW since 1991, where he had been involved in building and managing TCW emerging markets fixed income business, including trading, marketing, and credit research, and portfolio management. Mr. Christensen graduated from Brigham Young University with a BS in Business Management with an emphasis in International Finance.

Su Koo


Start Date

Tenure

Tenure Rank

Apr 07, 2014

5.74

5.7%

Ms. Koo joined DoubleLine in 2009 as Portfolio Manager and Senior Credit Analyst. As part of her research responsibilities, she specializes in the analysis of corporate credits in the sectors of oil & gas, utilities, metals & mining, conglomerates, technology, transportation, and real estate. Prior to DoubleLine, she was a Senior Vice President associated with TCW since 1998. In addition to credit analysis, she was involved in marketing and since 2006 performed increasing portfolio management duties. Previously, Ms. Koo was an Assistant Treasurer at Société Générale involved in Corporate Finance. Prior to that, she was an Assistant Vice President with Bank of America in the Financial Institution Group. Ms. Koo holds a BS in Business Administration from the University of Houston and an MBA in Finance from the University of Southern California.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.22 26.06 6.77 26.06