DoubleLine Strategic Commodity Fund (DBCMX)
The investment seeks long-term total return. The fund normally seeks to generate long term total return through long and short exposures to commodity-related investments. The Advisor expects to gain commodity-related investment exposure primarily through derivatives contracts, securities, or other instruments. The Advisor uses investment leverage to achieve commodity exposures and expects to have, under normal circumstances, investment exposure to commodities in an amount up to the value of the fund's total assets.
Fund Info
| ISIN | US2586207159 |
|---|---|
| CUSIP | 258620715 |
| Issuer | DoubleLine |
| Inception Date | May 17, 2015 |
| Category | Commodities |
| Min. Investment | $100,000 |
| Asset Class | Commodity |
Expense Ratio
DBCMX has a high expense ratio of 1.02%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DoubleLine Strategic Commodity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
DoubleLine Strategic Commodity Fund had a return of 6.96% year-to-date (YTD) and 9.69% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.96% | 6.17% |
| 1 month | -2.29% | -2.72% |
| 6 months | 1.03% | 17.29% |
| 1 year | 9.69% | 23.80% |
| 5 years (annualized) | 6.87% | 11.47% |
| 10 years (annualized) | N/A | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.06% | 0.68% | 4.56% | 0.64% | ||||||||
| 2023 | -2.27% | -1.16% | -3.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DBCMX is 27, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
DoubleLine Strategic Commodity Fund(DBCMX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DoubleLine Strategic Commodity Fund (DBCMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DoubleLine Strategic Commodity Fund granted a 3.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $3.62 | $1.36 | $0.00 | $0.10 | $0.11 | $0.53 | $0.05 | $0.00 |
Dividend yield | 3.08% | 3.30% | 46.88% | 13.53% | 0.00% | 1.04% | 1.21% | 5.23% | 0.51% | 0.03% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Strategic Commodity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.36 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the DoubleLine Strategic Commodity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the DoubleLine Strategic Commodity Fund was 37.62%, occurring on Apr 3, 2020. Recovery took 272 trading sessions.
The current DoubleLine Strategic Commodity Fund drawdown is 17.97%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.62% | May 23, 2018 | 470 | Apr 3, 2020 | 272 | May 4, 2021 | 742 |
| -27.6% | Mar 9, 2022 | 309 | May 31, 2023 | — | — | — |
| -17% | May 22, 2015 | 162 | Jan 12, 2016 | 273 | Feb 10, 2017 | 435 |
| -13.1% | Feb 13, 2017 | 89 | Jun 20, 2017 | 82 | Oct 16, 2017 | 171 |
| -9.58% | Oct 21, 2021 | 28 | Nov 30, 2021 | 29 | Jan 11, 2022 | 57 |
Volatility
Volatility Chart
The current DoubleLine Strategic Commodity Fund volatility is 2.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.