DoubleLine Multi-Asset Trend Fund (DBMOX)
The mutual fund aims to mimic the performance of the BNP Paribas Multi-Asset Trend Index by utilizing derivatives and direct investments to track trends in various asset classes such as equities, bonds, currencies, and commodities across global markets.
Fund Info
| Issuer | DoubleLine |
|---|---|
| Inception Date | Feb 25, 2021 |
| Category | Systematic Trend |
| Min. Investment | $100,000 |
| Asset Class | Alternatives |
Expense Ratio
DBMOX has a high expense ratio of 0.38%, 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 Multi-Asset Trend 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 Multi-Asset Trend Fund had a return of 1.39% year-to-date (YTD) and 0.94% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.39% | 5.21% |
| 1 month | -3.10% | -4.30% |
| 6 months | 4.78% | 18.42% |
| 1 year | 0.94% | 21.82% |
| 5 years (annualized) | N/A | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.14% | 0.93% | 4.07% | -2.97% | ||||||||
| 2023 | -2.54% | 0.80% | 2.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DBMOX is 12, indicating that it is in the bottom 12% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
DoubleLine Multi-Asset Trend Fund(DBMOX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DoubleLine Multi-Asset Trend Fund (DBMOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DoubleLine Multi-Asset Trend Fund granted a 4.48% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.35 | $0.38 | $1.58 | $0.17 |
Dividend yield | 4.48% | 4.90% | 19.25% | 1.63% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Multi-Asset Trend 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 | $0.03 | $0.03 | $0.00 | ||||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $1.34 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2021 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
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 Multi-Asset Trend 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 Multi-Asset Trend Fund was 17.20%, occurring on Nov 8, 2023. The portfolio has not yet recovered.
The current DoubleLine Multi-Asset Trend Fund drawdown is 11.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.2% | Jun 16, 2022 | 352 | Nov 8, 2023 | — | — | — |
| -7.03% | Sep 16, 2021 | 103 | Feb 10, 2022 | 16 | Mar 7, 2022 | 119 |
| -4.28% | Mar 9, 2022 | 9 | Mar 21, 2022 | 32 | May 5, 2022 | 41 |
| -3.56% | May 6, 2022 | 16 | May 27, 2022 | 4 | Jun 3, 2022 | 20 |
| -2.45% | May 11, 2021 | 3 | May 13, 2021 | 12 | Jun 1, 2021 | 15 |
Volatility
Volatility Chart
The current DoubleLine Multi-Asset Trend Fund volatility is 2.53%, 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.