DoubleLine Ultra Short Bond N
Name
As of 07/29/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.2%
1 yr return
-0.8%
3 Yr Avg Return
0.4%
5 Yr Avg Return
0.9%
Net Assets
$12.1 M
Holdings in Top 10
46.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 82.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/29/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DLUSX - Profile
Distributions
- YTD Total Return -1.2%
- 3 Yr Annualized Total Return 0.4%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.06%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDoubleLine Ultra Short Bond Fund
-
Fund Family NameDoubleLine
-
Inception DateJun 30, 2016
-
Shares Outstanding131775
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey Lee
Fund Description
DLUSX - Performance
Return Ranking - Trailing
Period | DLUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.2% | -4.6% | 0.2% | 41.77% |
1 Yr | -0.8% | -5.1% | 0.4% | 37.02% |
3 Yr | 0.4%* | -1.2% | 2.3% | 83.78% |
5 Yr | 0.9%* | -1.1% | 2.6% | 80.98% |
10 Yr | N/A* | -0.7% | 2.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | DLUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.3% | -2.1% | 48.5% | 34.93% |
2022 | 0.0% | -50.6% | 1.8% | 69.86% |
2021 | 0.6% | -1.2% | 10.6% | 37.38% |
2020 | -0.3% | -19.3% | 0.4% | 33.15% |
2019 | 0.4% | -3.2% | 100.0% | 17.18% |
Total Return Ranking - Trailing
Period | DLUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.2% | -6.5% | 100.7% | 32.49% |
1 Yr | -0.8% | -8.9% | 0.4% | 34.47% |
3 Yr | 0.4%* | -2.9% | 2.3% | 79.28% |
5 Yr | 0.9%* | -2.3% | 2.6% | 76.59% |
10 Yr | N/A* | -1.1% | 2.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DLUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.3% | -2.1% | 48.5% | 34.93% |
2022 | 0.0% | -50.6% | 1.8% | 69.86% |
2021 | 1.0% | -1.2% | 10.6% | 23.79% |
2020 | 1.5% | -19.3% | 2.0% | 4.42% |
2019 | 1.0% | -3.2% | 100.0% | 16.56% |
NAV & Total Return History
DLUSX - Holdings
Concentration Analysis
DLUSX | Category Low | Category High | DLUSX % Rank | |
---|---|---|---|---|
Net Assets | 12.1 M | 24.5 K | 19.8 B | 94.26% |
Number of Holdings | 26 | 1 | 3396 | 92.18% |
Net Assets in Top 10 | 5 M | -200 M | 16.1 B | 84.77% |
Weighting of Top 10 | 46.78% | 2.6% | 100.0% | 18.80% |
Top 10 Holdings
- Verizon Communications Inc. 1.61% 1.61% 4.73%
- Barclays PLC 1.84% 1.84% 4.70%
- HSBC Holdings PLC 1.68% 1.68% 4.69%
- Amazon.com, Inc. 2.4% 2.4% 4.68%
- Daimler Finance North America LLC 2.55% 2.55% 4.68%
- Southern California Edison Company 1.11% 1.11% 4.68%
- BOC Aviation Ltd. 2.09% 2.09% 4.67%
- Volkswagen Group of America Finance LLC 2.7% 2.7% 4.67%
- Macquarie Group Ltd. 0.99% 0.99% 4.64%
- KeyBank National Association 0.6% 0.6% 4.63%
Asset Allocation
Weighting | Return Low | Return High | DLUSX % Rank | |
---|---|---|---|---|
Bonds | 53.58% | 0.00% | 123.41% | 83.95% |
Cash | 37.02% | -24.02% | 100.00% | 20.99% |
Convertible Bonds | 9.39% | 0.00% | 15.25% | 9.05% |
Stocks | 0.00% | 0.00% | 3.35% | 60.91% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 58.44% |
Other | 0.00% | -10.38% | 3.22% | 64.20% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DLUSX % Rank | |
---|---|---|---|---|
Corporate | 62.98% | 0.00% | 99.91% | 12.76% |
Cash & Equivalents | 37.02% | 0.00% | 100.00% | 21.40% |
Derivative | 0.00% | 0.00% | 23.15% | 68.72% |
Securitized | 0.00% | 0.00% | 100.00% | 93.00% |
Municipal | 0.00% | 0.00% | 70.39% | 78.60% |
Government | 0.00% | 0.00% | 100.00% | 88.89% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DLUSX % Rank | |
---|---|---|---|---|
US | 34.91% | 0.00% | 100.00% | 90.53% |
Non US | 18.67% | 0.00% | 72.88% | 23.05% |
DLUSX - Expenses
Operational Fees
DLUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.51% | 0.03% | 4.12% | 30.29% |
Management Fee | 0.15% | 0.00% | 1.19% | 13.11% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 61.70% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
DLUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
DLUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
DLUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 82.00% | 0.00% | 369.54% | 63.05% |
DLUSX - Distributions
Dividend Yield Analysis
DLUSX | Category Low | Category High | DLUSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.77% | 0.00% | 2.86% | 83.61% |
Dividend Distribution Analysis
DLUSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DLUSX | Category Low | Category High | DLUSX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.06% | -1.30% | 14.86% | 91.45% |
Capital Gain Distribution Analysis
DLUSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 27, 2022 | $0.006 | OrdinaryDividend |
Jun 30, 2022 | $0.010 | OrdinaryDividend |
May 31, 2022 | $0.004 | OrdinaryDividend |
Apr 29, 2022 | $0.003 | OrdinaryDividend |
Dec 30, 2021 | $0.006 | OrdinaryDividend |
Mar 31, 2021 | $0.000 | OrdinaryDividend |
Dec 31, 2020 | $0.000 | OrdinaryDividend |
Nov 30, 2020 | $0.000 | OrdinaryDividend |
Oct 30, 2020 | $0.001 | OrdinaryDividend |
Sep 30, 2020 | $0.000 | OrdinaryDividend |
Aug 31, 2020 | $0.001 | OrdinaryDividend |
Jul 31, 2020 | $0.002 | OrdinaryDividend |
Jun 30, 2020 | $0.003 | OrdinaryDividend |
May 29, 2020 | $0.004 | OrdinaryDividend |
Apr 30, 2020 | $0.008 | OrdinaryDividend |
Mar 31, 2020 | $0.015 | OrdinaryDividend |
Feb 28, 2020 | $0.012 | OrdinaryDividend |
Jan 31, 2020 | $0.013 | OrdinaryDividend |
Dec 31, 2019 | $0.016 | OrdinaryDividend |
Nov 29, 2019 | $0.014 | OrdinaryDividend |
Oct 31, 2019 | $0.016 | OrdinaryDividend |
Sep 30, 2019 | $0.017 | OrdinaryDividend |
Aug 30, 2019 | $0.018 | OrdinaryDividend |
Jul 31, 2019 | $0.014 | OrdinaryDividend |
Jun 28, 2019 | $0.018 | OrdinaryDividend |
May 31, 2019 | $0.021 | OrdinaryDividend |
Apr 30, 2019 | $0.019 | OrdinaryDividend |
Mar 29, 2019 | $0.019 | OrdinaryDividend |
Feb 28, 2019 | $0.020 | OrdinaryDividend |
Jan 31, 2019 | $0.020 | OrdinaryDividend |
Dec 31, 2018 | $0.020 | OrdinaryDividend |
Nov 30, 2018 | $0.019 | OrdinaryDividend |
Oct 31, 2018 | $0.017 | OrdinaryDividend |
Sep 28, 2018 | $0.016 | OrdinaryDividend |
Aug 31, 2018 | $0.017 | OrdinaryDividend |
Jul 31, 2018 | $0.015 | OrdinaryDividend |
Jun 29, 2018 | $0.016 | OrdinaryDividend |
May 31, 2018 | $0.015 | OrdinaryDividend |
Apr 30, 2018 | $0.010 | OrdinaryDividend |
Mar 29, 2018 | $0.011 | OrdinaryDividend |
Feb 28, 2018 | $0.010 | OrdinaryDividend |
Jan 31, 2018 | $0.009 | OrdinaryDividend |
Dec 29, 2017 | $0.009 | OrdinaryDividend |
Nov 30, 2017 | $0.005 | OrdinaryDividend |
Oct 31, 2017 | $0.008 | OrdinaryDividend |
Sep 29, 2017 | $0.007 | OrdinaryDividend |
Aug 31, 2017 | $0.007 | OrdinaryDividend |
Jul 31, 2017 | $0.004 | OrdinaryDividend |
Jun 30, 2017 | $0.007 | OrdinaryDividend |
May 31, 2017 | $0.004 | OrdinaryDividend |
Apr 28, 2017 | $0.005 | OrdinaryDividend |
DLUSX - Fund Manager Analysis
Managers
Jeffrey Lee
Start Date
Tenure
Tenure Rank
Jun 30, 2016
5.92
5.9%
Mr. Lee joined DoubleLine Capital’s Global Developed Credit Group in 2012 as a corporate credit analyst. Prior to joining DoubleLine Capital, he was at Trust Company of the West for 17 years, which included 5 years as a corporate credit analyst and 5 years as a Money Market trader. He also held roles as an Economic Analyst and Fund Accountant.
Monica Erickson
Start Date
Tenure
Tenure Rank
Sep 08, 2016
5.73
5.7%
Ms. Erickson joined DoubleLine’s Global Developed Credit Group in 2009. She is a portfolio manager and also serves as a senior credit analyst within the group. She also participates on the Fixed Income Asset Allocation committee.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.53 | 0.13 |