DoubleLine Emerging Markets Local Currency Bond Fund (DBELX)
The investment seeks high total return from current income and capital appreciation. The Advisor intends to invest principally in bonds of issuers in emerging market countries denominated in local (non-U.S.) currencies. Under normal circumstances, the Advisor intends to invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in bonds of issuers in emerging market countries denominated in the currencies of emerging market countries. It is non-diversified.
Fund Info
US2586205823
Jun 27, 2019
$100,000
Expense Ratio
DBELX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DoubleLine Emerging Markets Local Currency Bond 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 Emerging Markets Local Currency Bond Fund had a return of -0.48% year-to-date (YTD) and -4.30% in the last 12 months.
DBELX
-0.48%
-2.70%
-3.43%
-4.30%
-1.47%
N/A
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of DBELX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.77% | -0.34% | -0.14% | -2.65% | 1.77% | -1.41% | 2.02% | 2.68% | 3.18% | -4.34% | -0.81% | -2.35% | -4.37% |
| 2023 | 3.42% | -2.95% | 4.14% | 0.94% | -1.62% | 3.59% | 2.51% | -2.78% | -3.11% | -0.24% | 4.90% | 3.55% | 12.50% |
| 2022 | 0.22% | -1.89% | 0.79% | -5.39% | 1.78% | -4.29% | -0.12% | -0.25% | -4.29% | 0.52% | 4.80% | 1.36% | -6.99% |
| 2021 | -1.88% | -2.62% | -2.17% | 1.49% | 1.89% | -1.37% | -1.15% | 0.74% | -3.16% | -0.99% | -1.66% | 1.24% | -9.37% |
| 2020 | -1.30% | -2.33% | -10.05% | 3.24% | 4.48% | 0.48% | 2.79% | -0.10% | -2.22% | 0.64% | 4.59% | 3.31% | 2.61% |
| 2019 | -0.20% | -3.21% | 0.18% | 2.60% | -1.93% | 3.60% | 0.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DBELX is 2, meaning it’s performing worse than 98% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DoubleLine Emerging Markets Local Currency Bond Fund provided a 3.82% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.18 | $0.16 | $0.18 | $0.12 | $0.11 |
Dividend yield | 3.82% | 3.80% | 2.03% | 2.00% | 1.98% | 1.19% | 1.06% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Emerging Markets Local Currency Bond 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.32 |
| 2023 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.06 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2019 | $0.06 | $0.00 | $0.00 | $0.05 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the DoubleLine Emerging Markets Local Currency Bond 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 Emerging Markets Local Currency Bond Fund was 21.95%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current DoubleLine Emerging Markets Local Currency Bond Fund drawdown is 10.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.95% | Dec 18, 2020 | 465 | Oct 24, 2022 | — | — | — |
| -17% | Jan 3, 2020 | 55 | Mar 23, 2020 | 176 | Dec 1, 2020 | 231 |
| -4.55% | Jul 19, 2019 | 30 | Aug 29, 2019 | 86 | Jan 2, 2020 | 116 |
| -0.3% | Jul 5, 2019 | 3 | Jul 9, 2019 | 2 | Jul 11, 2019 | 5 |
| -0.2% | Jul 16, 2019 | 1 | Jul 16, 2019 | 2 | Jul 18, 2019 | 3 |
Volatility
Volatility Chart
The current DoubleLine Emerging Markets Local Currency Bond Fund volatility is 1.70%, 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.