DoubleLine Floating Rate Fund (DBFRX)
The fund normally will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in floating rate loans and other floating rate investments. The adviser expects that many or all of the fund's investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers (including issuers involved in bankruptcy proceedings, reorganizations, financial restructurings, or otherwise experiencing financial hardship).
Fund Info
US2586208488
258620848
Jan 31, 2013
$100,000
Expense Ratio
DBFRX features an expense ratio of 0.68%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DoubleLine Floating Rate 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 Floating Rate Fund had a return of 0.58% year-to-date (YTD) and 7.82% in the last 12 months. Over the past 10 years, DoubleLine Floating Rate Fund had an annualized return of 3.96%, while the S&P 500 had an annualized return of 11.26%, indicating that DoubleLine Floating Rate Fund did not perform as well as the benchmark.
DBFRX
0.58%
0.13%
3.81%
7.82%
4.69%
3.96%
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
Monthly Returns
The table below presents the monthly returns of DBFRX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.58% | 0.58% | |||||||||||
| 2024 | 0.50% | 0.80% | 0.81% | 0.66% | 0.80% | 0.36% | 0.59% | 0.57% | 0.44% | 0.88% | 0.96% | 0.44% | 8.09% |
| 2023 | 2.68% | 0.38% | 0.13% | 0.48% | -0.34% | 1.88% | 1.02% | 1.05% | 0.51% | -0.27% | 1.40% | 1.41% | 10.78% |
| 2022 | 0.17% | -0.58% | 0.00% | -0.03% | -2.46% | -2.37% | 2.22% | 1.38% | -2.80% | 0.87% | 1.50% | -0.03% | -2.24% |
| 2021 | 0.79% | 0.67% | -0.05% | 0.37% | 0.56% | 0.28% | -0.03% | 0.37% | 0.59% | 0.18% | -0.23% | 0.72% | 4.28% |
| 2020 | 0.19% | -1.12% | -10.07% | 3.91% | 3.23% | 0.58% | 2.16% | 1.29% | 0.30% | -0.02% | 1.92% | 1.08% | 2.75% |
| 2019 | 1.98% | 1.71% | -0.36% | 1.47% | -0.35% | 0.13% | 0.47% | -0.26% | 0.29% | -0.35% | 0.58% | 1.25% | 6.73% |
| 2018 | 0.85% | 0.04% | 0.34% | 0.23% | 0.11% | -0.10% | 0.70% | 0.40% | 0.60% | 0.01% | -0.77% | -2.32% | 0.05% |
| 2017 | 0.19% | 0.38% | -0.00% | 0.49% | 0.34% | 0.12% | 0.73% | -0.08% | 0.42% | 0.63% | 0.13% | 0.29% | 3.71% |
| 2016 | -0.44% | -0.45% | 1.76% | 0.89% | 0.49% | -0.20% | 0.83% | 0.42% | 0.52% | 0.42% | 0.09% | 0.88% | 5.30% |
| 2015 | 0.59% | 1.17% | 0.67% | 0.69% | 0.18% | -0.17% | 0.35% | -0.38% | -0.25% | -0.02% | -0.81% | -0.40% | 1.60% |
| 2014 | 0.44% | 0.08% | 0.16% | -0.05% | 0.38% | 0.38% | -0.06% | 0.30% | -0.62% | 0.56% | 0.49% | -0.56% | 1.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, DBFRX is among the top 1% of 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 Floating Rate Fund (DBFRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DoubleLine Floating Rate Fund provided a 7.89% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.71 | $0.72 | $0.76 | $0.46 | $0.31 | $0.38 | $0.51 | $0.46 | $0.37 | $0.35 | $0.37 | $0.33 |
Dividend yield | 7.89% | 8.04% | 8.43% | 5.13% | 3.25% | 4.04% | 5.29% | 4.89% | 3.75% | 3.50% | 3.82% | 3.32% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Floating Rate 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 | $0.05 | $0.00 | $0.05 | ||||||||||
| 2024 | $0.07 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.72 |
| 2023 | $0.06 | $0.05 | $0.07 | $0.05 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.76 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.46 |
| 2021 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2019 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
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 Floating Rate 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 Floating Rate Fund was 18.59%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.59% | Jan 22, 2020 | 43 | Mar 23, 2020 | 122 | Sep 15, 2020 | 165 |
| -6% | Jan 21, 2022 | 114 | Jul 6, 2022 | 146 | Feb 2, 2023 | 260 |
| -3.46% | Oct 25, 2018 | 46 | Jan 2, 2019 | 37 | Feb 26, 2019 | 83 |
| -3.35% | Jul 22, 2015 | 143 | Feb 12, 2016 | 69 | May 23, 2016 | 212 |
| -1.49% | Dec 1, 2014 | 12 | Dec 16, 2014 | 30 | Jan 30, 2015 | 42 |
Volatility
Volatility Chart
The current DoubleLine Floating Rate Fund volatility is 0.27%, 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.