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Name

As of 11/19/2024

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 Opportunistic Credit Fund

XDBLX | Fund

$15.36

$259 M

0.00%

1.64%

Vitals

YTD Return

2.5%

1 yr return

7.0%

3 Yr Avg Return

-7.0%

5 Yr Avg Return

-5.7%

Net Assets

$259 M

Holdings in Top 10

20.5%

52 WEEK LOW AND HIGH

$15.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.64%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 46.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 11/19/2024

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 Opportunistic Credit Fund

XDBLX | Fund

$15.36

$259 M

0.00%

1.64%

XDBLX - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return -7.0%
  • 5 Yr Annualized Total Return -5.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 7.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Doubleline Opportunistic Credit Fund
  • Fund Family Name
    DoubleLine
  • Inception Date
    Jan 27, 2012
  • Shares Outstanding
    15649838
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Hsu

Fund Description

XDBLX - Performance

Return Ranking - Trailing

Period XDBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -10.3% 17.0% 89.51%
1 Yr 7.0% -8.0% 21.1% 83.95%
3 Yr -7.0%* -16.7% 16.3% 97.78%
5 Yr -5.7%* -14.4% 14.1% 98.38%
10 Yr 0.1%* -7.0% 6.8% 94.78%

* Annualized

Return Ranking - Calendar

Period XDBLX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -12.0% 8.9% 50.54%
2022 -22.7% -31.8% 18.4% 95.58%
2021 -3.4% -16.2% 25.7% 80.39%
2020 -4.8% -31.1% 18.7% 88.99%
2019 3.2% -6.1% 15.3% 71.98%

Total Return Ranking - Trailing

Period XDBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -10.3% 17.0% 89.51%
1 Yr 7.0% -8.0% 21.1% 83.95%
3 Yr -7.0%* -16.7% 16.3% 97.78%
5 Yr -5.7%* -14.4% 14.1% 98.38%
10 Yr 0.1%* -7.0% 6.8% 94.78%

* Annualized

Total Return Ranking - Calendar

Period XDBLX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -6.9% 22.2% 92.30%
2022 -22.7% -31.8% 21.1% 98.42%
2021 -3.4% -13.5% 49.9% 94.93%
2020 -4.8% -28.6% 24.1% 92.90%
2019 6.6% -4.8% 19.1% 71.21%

NAV & Total Return History

XDBLX - Holdings

Concentration Analysis

XDBLX Category Low Category High XDBLX % Rank
Net Assets 259 M 2.63 M 143 B 68.41%
Number of Holdings 438 4 9195 54.12%
Net Assets in Top 10 65.5 M -204 M 80.4 B 72.01%
Weighting of Top 10 20.49% 5.8% 265.8% 67.24%

Top 10 Holdings

  1. United States Treasury Notes 0.38% 0.38% 4.69%
  2. JPMorgan US Government MMkt IM 2.19%
  3. First American Government Obligs U 2.19%
  4. Morgan Stanley Instl Lqudty Govt Instl 2.19%
  5. FNCL 1.5 1/21 2.05%
  6. Federal National Mortgage Association 1.5% 2.04%
  7. Fncl 1.5 1/21 2.03%
  8. Fncl 1.5 1/21 2.03%
  9. Fncl 1.5 1/21 2.03%
  10. Fncl 1.5 1/21 2.03%

Asset Allocation

Weighting Return Low Return High XDBLX % Rank
Bonds 		93.13% 0.00% 199.60% 42.15%
Cash 		6.74% -94.66% 99.97% 30.79%
Stocks 		0.13% -6.18% 99.66% 60.34%
Preferred Stocks 		0.01% 0.00% 26.42% 39.19%
Other 		0.00% -73.61% 147.15% 83.36%
Convertible Bonds 		0.00% 0.00% 33.50% 96.01%

Stock Sector Breakdown

Weighting Return Low Return High XDBLX % Rank
Utilities 		0.00% 0.00% 100.00% 86.57%
Technology 		0.00% 0.00% 28.30% 84.17%
Real Estate 		0.00% 0.00% 100.00% 82.97%
Industrials 		0.00% 0.00% 100.00% 7.62%
Healthcare 		0.00% 0.00% 18.60% 85.37%
Financial Services 		0.00% 0.00% 100.00% 7.82%
Energy 		0.00% 0.00% 100.00% 95.39%
Communication Services 		0.00% 0.00% 100.00% 89.98%
Consumer Defense 		0.00% 0.00% 99.97% 84.57%
Consumer Cyclical 		0.00% 0.00% 89.95% 88.58%
Basic Materials 		0.00% 0.00% 100.00% 85.97%

Stock Geographic Breakdown

Weighting Return Low Return High XDBLX % Rank
US 		0.13% -6.18% 99.66% 58.01%
Non US 		0.00% -0.26% 17.73% 79.32%

Bond Sector Breakdown

Weighting Return Low Return High XDBLX % Rank
Securitized 		76.79% 0.00% 99.65% 4.65%
Corporate 		11.10% 0.00% 96.66% 78.17%
Cash & Equivalents 		6.75% 0.00% 94.89% 27.93%
Government 		5.36% 0.00% 99.43% 65.49%
Derivative 		0.00% -73.61% 147.15% 68.95%
Municipal 		0.00% 0.00% 54.26% 84.59%

Bond Geographic Breakdown

Weighting Return Low Return High XDBLX % Rank
US 		81.32% 0.00% 199.60% 47.43%
Non US 		11.81% 0.00% 74.14% 30.33%

XDBLX - Expenses

Operational Fees

XDBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.64% 0.03% 20.67% 33.02%
Management Fee 1.00% 0.00% 2.29% 85.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.02% 0.00% 0.70% 1.88%

Sales Fees

XDBLX 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

XDBLX 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.

XDBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.00% 0.00% 632.00% 16.54%

XDBLX - Distributions

Dividend Yield Analysis

XDBLX Category Low Category High XDBLX % Rank
Dividend Yield 0.00% 0.00% 23.30% 99.38%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XDBLX Category Low Category High XDBLX % Rank
Net Income Ratio 7.14% -1.55% 11.51% 3.48%

Capital Gain Distribution Analysis

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

Distributions History

View More +

XDBLX - Fund Manager Analysis

Managers

Andrew Hsu

Start Date

Tenure

Tenure Rank

Jan 26, 2012

10.35

10.4%

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

Jan 26, 2012

10.35

10.4%

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.

Jeffrey Gundlach

Start Date

Tenure

Tenure Rank

Jan 26, 2012

10.35

10.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.71 3.19

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