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DoubleLine Emerging Markets Fixed Income Fund (DBL...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

DoubleLine Emerging Markets Fixed Income Fund (DBLEX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The investment seeks high total return from current income and capital appreciation. The advisor intends to invest at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in fixed income instruments. The fund will generally invest in at least four emerging market countries. It may invest in hybrid securities relating to emerging market countries. The fund may invest up to 20% of its net assets in defaulted corporate securities. It may invest in derivatives and other instruments, such as options, swaps (including credit default swaps), futures, structured investments, foreign currency futures and forward contracts.

Fund Info

ISIN

US2586205096

CUSIP

258620509

Issuer

DoubleLine

Inception Date

Apr 5, 2010

Category

Emerging Markets Bonds

Min. Investment

$100,000

Asset Class

Bond

Expense Ratio

DBLEX has an expense ratio of 0.90%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

DoubleLine Emerging Markets Fixed Income Fund

Performance

Performance Chart

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S&P 500

Returns By Period

DoubleLine Emerging Markets Fixed Income Fund (DBLEX) returned 3.08% year-to-date (YTD) and 7.79% over the past 12 months. Over the past 10 years, DBLEX returned 3.23% annually, underperforming the S&P 500 benchmark at 10.84%.

DBLEX

YTD

3.08%

1M

0.79%

6M

2.80%

1Y

7.79%

3Y*

4.99%

5Y*

3.47%

10Y*

3.23%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of DBLEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.12%1.34%0.13%-0.43%0.90%3.08%
20241.33%0.97%1.24%-1.22%1.38%1.09%1.50%1.71%1.11%-1.19%0.46%-0.40%8.20%
20233.63%-2.78%0.83%1.21%-0.40%1.07%1.30%-0.71%-1.59%-1.56%4.72%3.83%9.65%
2022-3.16%-2.18%-0.92%-5.23%0.62%-5.36%3.10%-1.96%-7.40%-1.53%7.63%0.81%-15.29%
20210.21%0.74%-0.78%0.52%0.45%1.37%-0.05%1.25%-1.74%0.32%-1.11%0.80%1.97%
20201.48%-0.86%-16.30%4.22%6.40%3.53%2.00%1.56%-0.71%-0.25%3.18%2.44%4.85%
20192.97%0.76%1.30%0.80%0.60%2.68%0.95%-2.20%0.85%0.86%0.08%1.63%11.79%
2018-0.36%-1.02%-0.34%-0.28%-0.51%-0.81%1.67%-1.31%1.04%-0.71%-0.90%0.30%-3.21%
20171.08%1.77%0.34%1.54%0.74%0.33%0.78%1.59%0.07%0.23%-0.23%-0.06%8.48%
2016-1.58%1.34%5.17%2.70%0.63%2.23%2.38%1.70%0.07%0.50%-1.66%0.80%15.03%
2015-1.26%2.14%-0.43%2.46%0.87%-1.06%-0.20%-2.43%-2.52%1.94%-1.20%-2.94%-4.71%
2014-0.08%2.78%1.20%1.12%2.79%0.98%-0.10%1.68%-1.55%1.28%-1.11%-2.53%6.48%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 92, DBLEX is among the top 8% 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.

The Risk-Adjusted Performance Rank of DBLEX is 9292
Overall Rank
The Sharpe Ratio Rank of DBLEX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of DBLEX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of DBLEX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of DBLEX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of DBLEX is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for DoubleLine Emerging Markets Fixed Income Fund (DBLEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

DoubleLine Emerging Markets Fixed Income Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 2.75
  • 5-Year: 0.75
  • 10-Year: 0.68
  • All Time: 1.02

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of DoubleLine Emerging Markets Fixed Income Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

DoubleLine Emerging Markets Fixed Income Fund provided a 5.80% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 2 consecutive years.

4.00%4.50%5.00%5.50%6.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.52$0.53$0.48$0.40$0.42$0.46$0.48$0.38$0.46$0.47$0.49$0.57

Dividend yield

5.80%5.98%5.54%4.78%4.00%4.37%4.56%3.83%4.32%4.58%5.20%5.48%

Monthly Dividends

The table displays the monthly dividend distributions for DoubleLine Emerging Markets Fixed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.04$0.04$0.00$0.16
2024$0.05$0.05$0.04$0.04$0.06$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.53
2023$0.04$0.04$0.04$0.03$0.05$0.04$0.04$0.04$0.05$0.04$0.04$0.04$0.48
2022$0.02$0.02$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.40
2021$0.03$0.03$0.04$0.04$0.06$0.04$0.04$0.03$0.03$0.03$0.03$0.02$0.42
2020$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.46
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.48
2018$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.06$0.38
2017$0.03$0.03$0.04$0.03$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.11$0.46
2016$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.04$0.03$0.47
2015$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.49
2014$0.04$0.04$0.05$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.57

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the DoubleLine Emerging Markets Fixed Income 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 Fixed Income Fund was 25.42%, occurring on Oct 21, 2022. Recovery took 573 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-25.42%Sep 16, 2021278Oct 21, 2022573Feb 5, 2025851
-21.27%Feb 24, 202021Mar 23, 2020176Dec 1, 2020197
-10.71%Sep 9, 2014360Feb 11, 201680Jun 7, 2016440
-9.07%May 10, 201382Sep 5, 2013143Apr 1, 2014225
-7.59%Aug 4, 201143Oct 4, 201183Feb 2, 2012126
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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