DoubleLine Opportunistic Credit Fund (DBL) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DBL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DBL
DBL charges 2.43% annually. There are 89 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | DBL vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | DBL vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | DBL vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | DBL vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | DBL vs MOFIX |
Best Risk-Adjusted Alternatives to DBL
DBL has a PortfoliosLab risk / return rank of 5. There are 87 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | DBL vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | DBL vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | DBL vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | DBL vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | DBL vs ICMUX |
Top Performing DBL Alternatives (YTD)
DBL is at -2.27% YTD. There are 90 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.57% | — | Jan 2011 | DBL vs ACP | |
| Western Asset Diversified Income Fund | 4.16% | — | Jun 2021 | DBL vs WDI | |
| Saba Capital Income & Opportunities Fund | 3.52% | — | Dec 1987 | DBL vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.40% | — | May 2016 | DBL vs LFLIX | |
| Intrepid Income Fund | 2.85% | — | Jul 2007 | DBL vs ICMUX |
Lowest Volatility Alternatives to DBL
DBL has 6.89% 1-year volatility. There are 81 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | DBL vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | DBL vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | DBL vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | DBL vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | DBL vs CBLDX |
Lowest Drawdown Alternatives to DBL
DBL has a 1-year max drawdown of -5.72%. There are 81 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | DBL vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | DBL vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | DBL vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | DBL vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | DBL vs BWDTX |
Other Mutual Funds from DoubleLine
The 10 most viewed DoubleLine mutual funds shown here include DBLTX, DSL, DBLSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DoubleLine Total Return Bond Fund Class I | Total Bond Market | 20 | -0.11% | — | Apr 2010 | DBL vs DBLTX | |
| DoubleLine Income Solutions Fund | High Yield Bonds | 5 | 3.44% | — | Apr 2013 | DBL vs DSL | |
| DoubleLine Low Duration Bond Fund | Short-Term Bond | 98 | 1.23% | — | Sep 2011 | DBL vs DBLSX | |
| DoubleLine Yield Opportunities Fund | Multisector Bonds | 4 | 1.68% | — | Feb 2020 | DBL vs DLY | |
| DoubleLine Shiller Enhanced CAPE | Large Cap Blend Equities | 5 | 0.96% | — | Oct 2013 | DBL vs DSEEX | |
| DoubleLine Core Fixed Income Fund | Intermediate Core-Plus Bond | 18 | -0.27% | — | Jun 2010 | DBL vs DBLFX | |
| DoubleLine Flexible Income Fund | Nontraditional Bonds | 98 | 1.85% | — | Apr 2014 | DBL vs DFLEX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | Emerging Markets Bonds | 98 | 1.26% | — | Apr 2014 | DBL vs DBLLX | |
| DoubleLine Strategic Commodity Fund | Commodities | 71 | 23.68% | — | May 2015 | DBL vs DBCMX | |
| DoubleLine Income Fund | Multisector Bonds | — | — | — | Sep 2019 | DBL vs DBLIX |
Often Compared With DBL
Investors most often compare DBL with ZTR, CRMVX, BWG. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare DBL with Any Fund or Stock
Compare DBL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DBL with funds that move differently
DoubleLine Opportunistic Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBL.
Explore DBL Diversifiers