- ISIN
- US2586208637
- CUSIP
- 258620863
- Issuer
- DoubleLine
- Inception Date
- Sep 30, 2011
- Category
- Short-Term Bond
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
DBLSX Performance Chart
DoubleLine Low Duration Bond Fund (DBLSX) is up 1.1% since the beginning of the year. DBLSX is currently trading at $10 per share. Investors who bought $1,000 worth of DBLSX shares 5 years ago would now be looking at an investment worth $1,169.
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Returns By Period
DoubleLine Low Duration Bond Fund (DBLSX) has returned 1.06% so far this year and 4.40% over the past 12 months.
DoubleLine Low Duration Bond Fund
- 1D
- 0.00%
- 1M
- 0.04%
- YTD
- 1.06%
- 6M
- 1.48%
- 1Y
- 4.40%
- 3Y*
- 5.48%
- 5Y*
- 3.17%
- 10Y*
- 2.87%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBLSX Monthly Returns History
Based on dividend-adjusted daily data since Oct 6, 2011, DBLSX's average daily return is +0.05%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.
Historically, 82% of months were positive and 18% were negative. The best month was May 2020 with a return of +1.7%, while the worst month was Mar 2020 at -5.1%. The longest winning streak lasted 24 consecutive months, and the longest losing streak was 9 months.
On a daily basis, DBLSX closed higher 23% of trading days. The best single day was Aug 24, 2017 with a return of +133.0%, while the worst single day was Aug 25, 2017 at -57.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.33% | 0.54% | -0.43% | 0.37% | 0.25% | 0.00% | 1.06% | ||||||
| 2025 | 0.50% | 0.78% | 0.28% | 0.48% | 0.19% | 0.82% | 0.19% | 0.81% | 0.39% | 0.37% | 0.47% | 0.31% | 5.74% |
| 2024 | 0.62% | 0.10% | 0.60% | -0.03% | 0.76% | 0.56% | 0.87% | 0.67% | 0.73% | -0.41% | 0.51% | 0.23% | 5.32% |
| 2023 | 1.39% | -0.29% | 0.80% | 0.43% | 0.06% | 0.18% | 0.70% | 0.51% | 0.09% | 0.30% | 1.16% | 1.25% | 6.76% |
| 2022 | -0.28% | -0.50% | -1.00% | -0.48% | -0.25% | -0.66% | 0.51% | 0.03% | -1.11% | -0.48% | 0.97% | 0.55% | -2.69% |
| 2021 | 0.35% | 0.13% | -0.13% | 0.14% | 0.26% | -0.05% | 0.24% | 0.04% | 0.04% | -0.17% | -0.06% | -0.07% | 0.70% |
Benchmark Metrics
DoubleLine Low Duration Bond Fund has an annualized alpha of 4.09%, beta of 0.02, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since October 07, 2011.
- This fund captured 11.53% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.66%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.02 may look defensive, but with R2 of 0.04 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.04 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.09%
- Beta
- 0.02
- R²
- 0.04
- Upside Capture
- 11.53%
- Downside Capture
- -7.66%
Expense Ratio
DBLSX has an expense ratio of 0.41%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DBLSX ranks 97 for risk / return — in the top 97% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for DoubleLine Low Duration Bond Fund (DBLSX) and compare them to S&P 500 Index.
| DBLSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 2.01 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.97 | — | — |
| Martin ratioReturn relative to average drawdown | 27.45 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
DoubleLine Low Duration Bond Fund provided a 4.55% dividend yield over the last twelve months, with an annual payout of $0.44 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.45 | $0.49 | $0.43 | $0.23 | $0.17 | $0.24 | $0.32 | $0.29 | $0.24 | $0.25 | $0.25 |
Dividend yield | 4.55% | 4.64% | 5.09% | 4.49% | 2.50% | 1.72% | 2.37% | 3.21% | 2.92% | 2.42% | 2.52% | 2.47% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Low Duration 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.00 | $0.17 | ||||||
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2023 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.23 |
| 2021 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
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 Low Duration 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 Low Duration Bond Fund was 57.22%, occurring on Mar 25, 2020. The portfolio has not yet recovered.
The current DoubleLine Low Duration Bond Fund drawdown is 45.00%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -57.22%Mar 2020 | 2y 7mo | — | 8y 9moAug 2017 - now |
2013 pullback2013 | -0.91%Jun 2013 | 1mo 3d | 3mo 18d | 4mo 21dMay 2013 - Oct 2013 |
2014 pullback2014 | -0.59%Dec 2014 | 15d | 2mo 4d | 2mo 19dDec 2014 - Feb 2015 |
2016 pullback2016 | -0.58%Feb 2016 | 3mo 17d | 1mo 5d | 4mo 22dOct 2015 - Mar 2016 |
2016 pullback2016 | -0.40%Nov 2016 | 5d | 1mo 28d | 2mo 3dNov 2016 - Jan 2017 |
Drawdown Indicators
| DBLSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.22% | -9.10% | -48.12% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -0.72% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -4.71% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.22% | — | — |
Current DrawdownCurrent decline from peak | -45.00% | -2.97% | -42.03% |
Average DrawdownAverage peak-to-trough decline | -31.52% | -1.13% | -30.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.16% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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