DoubleLine Selective Credit Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.6%
1 yr return
10.6%
3 Yr Avg Return
1.9%
5 Yr Avg Return
2.3%
Net Assets
$538 M
Holdings in Top 10
20.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.60%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DBSCX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return 1.9%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.92%
- Dividend Yield 7.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDoubleLine Selective Credit Fund
-
Fund Family NameDoubleLine Funds
-
Inception DateAug 04, 2014
-
Shares Outstanding108210530
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Gundlach
Fund Description
DBSCX - Performance
Return Ranking - Trailing
Period | DBSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -10.6% | 16.9% | 21.42% |
1 Yr | 10.6% | -6.3% | 23.8% | 36.83% |
3 Yr | 1.9%* | -17.1% | 16.1% | 29.86% |
5 Yr | 2.3%* | -14.6% | 14.1% | 49.55% |
10 Yr | 4.0%* | -7.2% | 6.7% | 4.20% |
* Annualized
Return Ranking - Calendar
Period | DBSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.4% | -12.0% | 8.9% | 71.19% |
2022 | -13.7% | -31.8% | 18.4% | 58.93% |
2021 | -0.6% | -16.2% | 25.7% | 33.33% |
2020 | -2.9% | -31.1% | 18.7% | 80.64% |
2019 | -0.5% | -6.1% | 15.3% | 95.59% |
Total Return Ranking - Trailing
Period | DBSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -10.6% | 16.9% | 21.42% |
1 Yr | 10.6% | -6.3% | 23.8% | 36.83% |
3 Yr | 1.9%* | -17.1% | 16.1% | 29.86% |
5 Yr | 2.3%* | -14.6% | 14.1% | 49.55% |
10 Yr | 4.0%* | -7.2% | 6.7% | 4.20% |
* Annualized
Total Return Ranking - Calendar
Period | DBSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -6.9% | 22.2% | 32.20% |
2022 | -8.1% | -31.8% | 21.1% | 44.71% |
2021 | 4.6% | -13.5% | 49.9% | 14.87% |
2020 | 2.3% | -28.6% | 24.1% | 75.84% |
2019 | 6.3% | -4.8% | 19.1% | 76.01% |
NAV & Total Return History
DBSCX - Holdings
Concentration Analysis
DBSCX | Category Low | Category High | DBSCX % Rank | |
---|---|---|---|---|
Net Assets | 538 M | 2.53 M | 143 B | 55.56% |
Number of Holdings | 222 | 4 | 9195 | 69.98% |
Net Assets in Top 10 | 106 M | -204 M | 80.4 B | 60.96% |
Weighting of Top 10 | 20.30% | 5.8% | 265.8% | 67.71% |
Top 10 Holdings
- Connecticut Avenue Securities Trust 2024-R04 3.23%
- Freddie Mac STACR REMIC Trust 2024-HQA1 2.63%
- CIM Trust 2023-R4 1.97%
- PMT Issuer Trust - FMSR 1.93%
- Structured Asset Securities Corp Mortgage Loan Trust Series 2007-RF1 1.91%
- CIM Trust 2023-R2 1.76%
- Legacy Mortgage Asset Trust 2019-RPL3 1.72%
- FirstKey Homes 2020-SFR2 Trust 1.72%
- FirstKey Homes 2020-SFR2 Trust 1.71%
- FMC GMSR Issuer Trust 1.71%
Asset Allocation
Weighting | Return Low | Return High | DBSCX % Rank | |
---|---|---|---|---|
Bonds | 83.48% | 0.00% | 199.60% | 63.76% |
Other | 13.05% | -73.61% | 147.15% | 25.35% |
Cash | 4.28% | -94.66% | 91.07% | 43.08% |
Stocks | 0.00% | -6.18% | 99.66% | 72.01% |
Preferred Stocks | 0.00% | 0.00% | 26.42% | 43.86% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 84.03% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DBSCX % Rank | |
---|---|---|---|---|
Securitized | 88.80% | 0.00% | 99.65% | 4.01% |
Cash & Equivalents | 4.28% | 0.00% | 88.00% | 39.63% |
Derivative | 0.00% | -73.61% | 147.15% | 55.38% |
Corporate | 0.00% | 0.00% | 96.66% | 95.18% |
Municipal | 0.00% | 0.00% | 54.26% | 39.33% |
Government | 0.00% | 0.00% | 99.43% | 85.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DBSCX % Rank | |
---|---|---|---|---|
US | 83.48% | 0.00% | 199.60% | 44.32% |
Non US | 0.00% | 0.00% | 74.14% | 67.96% |
DBSCX - Expenses
Operational Fees
DBSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.03% | 20.67% | 91.47% |
Management Fee | 0.55% | 0.00% | 2.29% | 32.25% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
DBSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
DBSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
DBSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 0.00% | 632.00% | 6.95% |
DBSCX - Distributions
Dividend Yield Analysis
DBSCX | Category Low | Category High | DBSCX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.40% | 0.00% | 23.30% | 11.56% |
Dividend Distribution Analysis
DBSCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
DBSCX | Category Low | Category High | DBSCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.92% | -1.55% | 11.51% | 18.80% |
Capital Gain Distribution Analysis
DBSCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.046 | OrdinaryDividend |
Aug 30, 2024 | $0.042 | OrdinaryDividend |
Jul 31, 2024 | $0.046 | OrdinaryDividend |
Apr 30, 2024 | $0.042 | OrdinaryDividend |
Mar 28, 2024 | $0.040 | OrdinaryDividend |
Feb 29, 2024 | $0.045 | OrdinaryDividend |
Jan 31, 2024 | $0.041 | OrdinaryDividend |
Dec 29, 2023 | $0.041 | OrdinaryDividend |
Nov 30, 2023 | $0.040 | OrdinaryDividend |
Oct 31, 2023 | $0.042 | OrdinaryDividend |
Sep 29, 2023 | $0.041 | OrdinaryDividend |
Aug 30, 2023 | $0.044 | OrdinaryDividend |
Jul 31, 2023 | $0.042 | OrdinaryDividend |
Jun 30, 2023 | $0.041 | OrdinaryDividend |
May 31, 2023 | $0.046 | OrdinaryDividend |
Apr 28, 2023 | $0.036 | OrdinaryDividend |
Mar 31, 2023 | $0.040 | OrdinaryDividend |
Feb 28, 2023 | $0.044 | OrdinaryDividend |
Jan 31, 2023 | $0.041 | OrdinaryDividend |
Dec 30, 2022 | $0.045 | OrdinaryDividend |
Nov 30, 2022 | $0.042 | OrdinaryDividend |
Oct 31, 2022 | $0.041 | OrdinaryDividend |
Sep 30, 2022 | $0.042 | OrdinaryDividend |
Aug 31, 2022 | $0.049 | OrdinaryDividend |
Jul 29, 2022 | $0.038 | OrdinaryDividend |
Jun 30, 2022 | $0.036 | OrdinaryDividend |
May 31, 2022 | $0.063 | OrdinaryDividend |
Apr 29, 2022 | $0.032 | OrdinaryDividend |
Mar 31, 2022 | $0.038 | OrdinaryDividend |
Feb 28, 2022 | $0.029 | OrdinaryDividend |
Jan 31, 2022 | $0.030 | OrdinaryDividend |
Dec 30, 2021 | $0.033 | OrdinaryDividend |
Nov 30, 2021 | $0.034 | OrdinaryDividend |
Oct 29, 2021 | $0.032 | OrdinaryDividend |
Sep 30, 2021 | $0.029 | OrdinaryDividend |
Aug 31, 2021 | $0.029 | OrdinaryDividend |
Jul 30, 2021 | $0.031 | OrdinaryDividend |
Jun 30, 2021 | $0.034 | OrdinaryDividend |
May 28, 2021 | $0.045 | OrdinaryDividend |
Apr 30, 2021 | $0.032 | OrdinaryDividend |
Mar 31, 2021 | $0.038 | OrdinaryDividend |
Feb 26, 2021 | $0.026 | OrdinaryDividend |
Jan 29, 2021 | $0.031 | OrdinaryDividend |
Dec 31, 2020 | $0.036 | OrdinaryDividend |
Nov 30, 2020 | $0.033 | OrdinaryDividend |
Oct 30, 2020 | $0.032 | OrdinaryDividend |
Sep 30, 2020 | $0.030 | OrdinaryDividend |
Aug 31, 2020 | $0.030 | OrdinaryDividend |
Jul 31, 2020 | $0.032 | OrdinaryDividend |
Jun 30, 2020 | $0.035 | OrdinaryDividend |
May 29, 2020 | $0.028 | OrdinaryDividend |
Apr 30, 2020 | $0.030 | OrdinaryDividend |
Mar 31, 2020 | $0.038 | OrdinaryDividend |
Feb 28, 2020 | $0.035 | OrdinaryDividend |
Jan 31, 2020 | $0.036 | OrdinaryDividend |
Dec 31, 2019 | $0.039 | OrdinaryDividend |
Nov 29, 2019 | $0.042 | OrdinaryDividend |
Oct 31, 2019 | $0.037 | OrdinaryDividend |
Sep 30, 2019 | $0.038 | OrdinaryDividend |
Aug 30, 2019 | $0.042 | OrdinaryDividend |
Jul 31, 2019 | $0.045 | OrdinaryDividend |
Jun 28, 2019 | $0.042 | OrdinaryDividend |
May 31, 2019 | $0.046 | OrdinaryDividend |
Apr 30, 2019 | $0.052 | OrdinaryDividend |
Mar 29, 2019 | $0.047 | OrdinaryDividend |
Feb 28, 2019 | $0.048 | OrdinaryDividend |
Jan 31, 2019 | $0.049 | OrdinaryDividend |
Dec 31, 2018 | $0.050 | OrdinaryDividend |
Nov 30, 2018 | $0.051 | OrdinaryDividend |
Oct 31, 2018 | $0.052 | OrdinaryDividend |
Sep 28, 2018 | $0.052 | OrdinaryDividend |
Aug 31, 2018 | $0.052 | OrdinaryDividend |
Jul 31, 2018 | $0.052 | OrdinaryDividend |
Jun 29, 2018 | $0.054 | OrdinaryDividend |
May 31, 2018 | $0.060 | OrdinaryDividend |
Apr 30, 2018 | $0.049 | OrdinaryDividend |
Mar 29, 2018 | $0.056 | OrdinaryDividend |
Feb 28, 2018 | $0.059 | OrdinaryDividend |
Jan 31, 2018 | $0.063 | OrdinaryDividend |
Dec 29, 2017 | $0.059 | OrdinaryDividend |
Nov 30, 2017 | $0.063 | OrdinaryDividend |
Oct 31, 2017 | $0.063 | OrdinaryDividend |
Sep 29, 2017 | $0.069 | OrdinaryDividend |
Aug 31, 2017 | $0.061 | OrdinaryDividend |
Jul 31, 2017 | $0.071 | OrdinaryDividend |
Jun 30, 2017 | $0.072 | OrdinaryDividend |
May 31, 2017 | $0.080 | OrdinaryDividend |
Apr 28, 2017 | $0.067 | OrdinaryDividend |
Mar 31, 2017 | $0.074 | OrdinaryDividend |
Feb 28, 2017 | $0.068 | OrdinaryDividend |
Jan 31, 2017 | $0.075 | OrdinaryDividend |
Dec 30, 2016 | $0.073 | OrdinaryDividend |
Nov 30, 2016 | $0.074 | OrdinaryDividend |
Oct 31, 2016 | $0.076 | OrdinaryDividend |
Sep 30, 2016 | $0.077 | OrdinaryDividend |
Aug 31, 2016 | $0.077 | OrdinaryDividend |
Jul 29, 2016 | $0.080 | OrdinaryDividend |
Jun 30, 2016 | $0.079 | OrdinaryDividend |
May 31, 2016 | $0.067 | OrdinaryDividend |
Apr 29, 2016 | $0.073 | OrdinaryDividend |
Mar 31, 2016 | $0.078 | OrdinaryDividend |
Feb 29, 2016 | $0.068 | OrdinaryDividend |
Jan 29, 2016 | $0.071 | OrdinaryDividend |
Dec 31, 2015 | $0.080 | OrdinaryDividend |
Nov 30, 2015 | $0.077 | OrdinaryDividend |
Oct 30, 2015 | $0.078 | OrdinaryDividend |
Sep 30, 2015 | $0.076 | OrdinaryDividend |
Aug 31, 2015 | $0.076 | OrdinaryDividend |
Jul 31, 2015 | $0.078 | OrdinaryDividend |
Jun 30, 2015 | $0.077 | OrdinaryDividend |
May 29, 2015 | $0.081 | OrdinaryDividend |
Apr 30, 2015 | $0.076 | OrdinaryDividend |
Mar 31, 2015 | $0.071 | OrdinaryDividend |
Feb 27, 2015 | $0.073 | OrdinaryDividend |
Jan 30, 2015 | $0.066 | OrdinaryDividend |
Dec 31, 2014 | $0.072 | OrdinaryDividend |
Nov 28, 2014 | $0.053 | OrdinaryDividend |
Oct 31, 2014 | $0.042 | OrdinaryDividend |
Sep 30, 2014 | $0.057 | OrdinaryDividend |
Aug 29, 2014 | $0.018 | OrdinaryDividend |
DBSCX - Fund Manager Analysis
Managers
Jeffrey Gundlach
Start Date
Tenure
Tenure Rank
Aug 04, 2014
7.83
7.8%
Mr. Gundlach is CEO of DoubleLine. In 2011, he appeared on the cover of Barron's as "The New Bond King." In 2013, Institutional Investor named him "Money Manager of the Year." In 2012, 2015 and 2016, he was named one of "The Fifty Most Influential" in Bloomberg Markets. In 2017, he was inducted into the FIASI Fixed Income Hall of Fame. Mr. Gundlach is a summa cum laude graduate of Dartmouth College, with degrees in Mathematics and Philosophy.
Andrew Hsu
Start Date
Tenure
Tenure Rank
Jul 29, 2019
2.84
2.8%
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.
Ken Shinoda
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Mr. Shinoda joined DoubleLine in 2009. He is Chairman of the Structured Products Committee and oversees the non-Agency RMBS team specializing in investing in non-Agency MBS, residential whole loans and other mortgage-related opportunities. He is co-Portfolio Manager on the Total Return, Opportunistic Income, Opportunistic MBS and Strategic MBS strategies, and lead Portfolio Manager overseeing the Mortgage Opportunities private funds. Mr. Shinoda is also a permanent member of the Fixed Income Asset Allocation Committee, as well as, participating in the Global Asset Allocation Committee.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |