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Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

DoubleLine Selective Credit Fund

DBSCX | Fund

$7.45

$512 M

7.51%

$0.56

0.60%

Vitals

YTD Return

7.9%

1 yr return

11.3%

3 Yr Avg Return

2.3%

5 Yr Avg Return

2.5%

Net Assets

$512 M

Holdings in Top 10

20.3%

52 WEEK LOW AND HIGH

$7.5
N/A
N/A

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 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

DoubleLine Selective Credit Fund

DBSCX | Fund

$7.45

$512 M

7.51%

$0.56

0.60%

DBSCX - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.92%
DIVIDENDS
  • Dividend Yield 7.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DoubleLine Selective Credit Fund
  • Fund Family Name
    DoubleLine Funds
  • Inception Date
    Aug 04, 2014
  • Shares Outstanding
    108210530
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Gundlach

Fund Description

DBSCX - Performance

Return Ranking - Trailing

Period DBSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -10.3% 17.0% 11.42%
1 Yr 11.3% -8.0% 21.1% 20.52%
3 Yr 2.3%* -16.7% 16.3% 27.22%
5 Yr 2.5%* -14.4% 14.1% 45.50%
10 Yr 4.0%* -7.0% 6.8% 4.40%

* 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 7.9% -10.3% 17.0% 11.42%
1 Yr 11.3% -8.0% 21.1% 20.52%
3 Yr 2.3%* -16.7% 16.3% 27.22%
5 Yr 2.5%* -14.4% 14.1% 45.50%
10 Yr 4.0%* -7.0% 6.8% 4.40%

* 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 512 M 2.63 M 143 B 56.35%
Number of Holdings 222 4 9195 69.98%
Net Assets in Top 10 106 M -204 M 80.4 B 61.28%
Weighting of Top 10 20.30% 5.8% 265.8% 67.71%

Top 10 Holdings

  1. Connecticut Avenue Securities Trust 2024-R04 3.23%
  2. Freddie Mac STACR REMIC Trust 2024-HQA1 2.63%
  3. CIM Trust 2023-R4 1.97%
  4. PMT Issuer Trust - FMSR 1.93%
  5. Structured Asset Securities Corp Mortgage Loan Trust Series 2007-RF1 1.91%
  6. CIM Trust 2023-R2 1.76%
  7. Legacy Mortgage Asset Trust 2019-RPL3 1.72%
  8. FirstKey Homes 2020-SFR2 Trust 1.72%
  9. FirstKey Homes 2020-SFR2 Trust 1.71%
  10. 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% 25.19%
Cash 		4.28% -94.66% 99.97% 43.08%
Stocks 		0.00% -6.18% 99.66% 72.94%
Preferred Stocks 		0.00% 0.00% 26.42% 44.48%
Convertible Bonds 		0.00% 0.00% 33.50% 85.46%

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% 94.89% 39.94%
Derivative 		0.00% -73.61% 147.15% 56.63%
Corporate 		0.00% 0.00% 96.66% 95.18%
Municipal 		0.00% 0.00% 54.26% 40.77%
Government 		0.00% 0.00% 99.43% 86.36%

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% 69.52%

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% 91.63%
Management Fee 0.55% 0.00% 2.29% 32.10%
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 7.51% 0.00% 23.30% 11.56%

Dividend Distribution Analysis

DBSCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual 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

View More +

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

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