DoubleLine Low Duration Emerging Markets Fixed Income Fund (DBLLX)
The investment seeks long term total return. The fund normally invests primarily in debt obligations issued by sovereign, quasi-sovereign and private (non-government) emerging market issuers. Sovereign and quasi-sovereign emerging market issuers include governments of emerging market countries, and governmental entities or agencies, and issuers that are owned, in whole or in part, or whose obligations are guaranteed, in whole or in part, by a government or governmental entity or agency of an emerging market country.
Fund Info
| ISIN | US2586207720 |
|---|---|
| CUSIP | 258620772 |
| Issuer | DoubleLine |
| Inception Date | Apr 6, 2014 |
| Category | Emerging Markets Bonds |
| Min. Investment | $100,000 |
| Asset Class | Bond |
Expense Ratio
DBLLX has a high expense ratio of 0.59%, 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 Low Duration Emerging Markets Fixed Income 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 Low Duration Emerging Markets Fixed Income Fund had a return of 1.96% year-to-date (YTD) and 6.97% in the last 12 months. Over the past 10 years, DoubleLine Low Duration Emerging Markets Fixed Income Fund had an annualized return of 2.48%, while the S&P 500 had an annualized return of 10.41%, indicating that DoubleLine Low Duration Emerging Markets Fixed Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.96% | 6.17% |
| 1 month | -0.25% | -2.72% |
| 6 months | 5.65% | 17.29% |
| 1 year | 6.97% | 23.80% |
| 5 years (annualized) | 2.08% | 11.47% |
| 10 years (annualized) | 2.48% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.00% | 0.28% | 1.02% | -0.47% | ||||||||
| 2023 | -0.43% | 2.26% | 1.67% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DBLLX is 96, placing it in the top 4% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
DoubleLine Low Duration Emerging Markets Fixed Income Fund(DBLLX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DoubleLine Low Duration Emerging Markets Fixed Income Fund (DBLLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DoubleLine Low Duration Emerging Markets Fixed Income Fund granted a 4.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.35 | $0.22 | $0.21 | $0.26 | $0.41 | $0.27 | $0.30 | $0.31 | $0.35 | $0.27 |
Dividend yield | 4.09% | 3.74% | 2.41% | 2.15% | 2.61% | 4.16% | 2.87% | 3.00% | 3.19% | 3.77% | 2.75% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Low Duration Emerging Markets Fixed Income 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 | $0.03 | $0.04 | $0.04 | $0.04 | ||||||||
| 2023 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.11 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.04 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2016 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.04 |
| 2014 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.04 |
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 Low Duration 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 Low Duration Emerging Markets Fixed Income Fund was 10.13%, occurring on Oct 21, 2022. Recovery took 290 trading sessions.
The current DoubleLine Low Duration Emerging Markets Fixed Income Fund drawdown is 0.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.13% | Sep 17, 2021 | 277 | Oct 21, 2022 | 290 | Dec 18, 2023 | 567 |
| -7.25% | Mar 5, 2020 | 13 | Mar 23, 2020 | 89 | Jul 29, 2020 | 102 |
| -6.01% | May 28, 2015 | 164 | Jan 20, 2016 | 94 | Jun 3, 2016 | 258 |
| -3.38% | Sep 10, 2014 | 69 | Dec 16, 2014 | 89 | Apr 27, 2015 | 158 |
| -1.76% | Oct 16, 2017 | 148 | May 17, 2018 | 161 | Jan 8, 2019 | 309 |
Volatility
Volatility Chart
The current DoubleLine Low Duration Emerging Markets Fixed Income Fund volatility is 0.75%, 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.