Doubleline Selective Credit Fund (DBSCX)
The fund will seek to achieve its investment objective by investing principally in a portfolio of residential and commercial mortgage-backed securities and other asset-backed securities. It will normally invest at least 25% of its total assets in mortgage-backed securities, including privately-issued (commonly known as "non-agency") securities. The fund may invest in collateralized bond obligations ("CBOs"), CLOs, other CDOs, and other similarly structured securities.
Fund Info
US2586207563
Aug 3, 2014
$100,000
Expense Ratio
DBSCX has an expense ratio of 0.05%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Doubleline Selective Credit 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 Selective Credit Fund had a return of 7.65% year-to-date (YTD) and 10.50% in the last 12 months. Over the past 10 years, Doubleline Selective Credit Fund had an annualized return of 4.07%, while the S&P 500 had an annualized return of 11.32%, indicating that Doubleline Selective Credit Fund did not perform as well as the benchmark.
DBSCX
7.65%
0.95%
5.16%
10.50%
2.62%
4.07%
^GSPC (Benchmark)
26.84%
5.60%
14.34%
32.39%
14.23%
11.32%
Monthly Returns
The table below presents the monthly returns of DBSCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.56% | -0.07% | 1.09% | -0.93% | 1.15% | 1.15% | 2.13% | 1.10% | 1.41% | -0.84% | 0.67% | 7.65% | |
| 2023 | 2.49% | -0.35% | 0.27% | 1.18% | 0.08% | -0.12% | 0.58% | 0.47% | -0.81% | -0.81% | 2.26% | 3.08% | 8.55% |
| 2022 | -0.36% | -0.49% | -1.35% | -0.71% | -1.08% | -0.94% | 0.62% | -0.40% | -2.31% | -1.99% | 0.03% | 0.62% | -8.09% |
| 2021 | 0.84% | 0.42% | 0.09% | 0.61% | 0.41% | 0.28% | 0.48% | 0.22% | 0.46% | 0.14% | 0.05% | 0.04% | 4.13% |
| 2020 | 0.99% | 0.51% | -11.76% | 2.47% | 2.65% | 2.80% | 1.48% | 0.60% | 1.08% | 0.50% | 0.75% | 0.66% | 1.86% |
| 2019 | 0.56% | 0.43% | 0.88% | 0.71% | 0.87% | 0.48% | 0.28% | 0.82% | 0.21% | 0.31% | 0.14% | -0.12% | 5.69% |
| 2018 | 0.36% | 0.10% | 0.62% | 0.21% | 0.57% | 0.39% | 0.24% | 0.36% | 0.36% | 0.13% | -0.33% | -0.00% | 3.05% |
| 2017 | 0.39% | 0.41% | 1.14% | 0.73% | 1.97% | 0.35% | 0.24% | 2.30% | -0.01% | 0.47% | 0.03% | 0.44% | 8.77% |
| 2016 | -0.19% | -0.76% | 0.31% | 0.68% | 0.41% | 0.97% | 1.95% | 0.50% | 0.72% | 0.60% | 0.15% | 0.47% | 5.94% |
| 2015 | 0.75% | 0.23% | 0.51% | 0.56% | 0.41% | 0.07% | 0.39% | 0.36% | 0.27% | -0.02% | 0.18% | 0.00% | 3.76% |
| 2014 | 0.67% | 0.47% | 0.72% | 1.02% | 0.32% | 3.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DBSCX is 92, placing it in the top 8% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Doubleline Selective Credit Fund (DBSCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Doubleline Selective Credit Fund provided a 6.39% dividend yield over the last twelve months, with an annual payout of $0.48 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.50 | $0.49 | $0.39 | $0.40 | $0.53 | $0.65 | $0.83 | $0.90 | $0.91 | $0.24 |
Dividend yield | 6.39% | 6.77% | 6.68% | 4.68% | 4.67% | 6.05% | 7.45% | 9.04% | 9.75% | 9.53% | 2.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Doubleline Selective Credit 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.00 | $0.00 | $0.44 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2022 | $0.03 | $0.03 | $0.04 | $0.03 | $0.06 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.49 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.03 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
| 2018 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.65 |
| 2017 | $0.08 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.83 |
| 2016 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.90 |
| 2015 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.91 |
| 2014 | $0.02 | $0.06 | $0.04 | $0.05 | $0.07 | $0.24 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Doubleline Selective Credit 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 Selective Credit Fund was 14.12%, occurring on Mar 25, 2020. Recovery took 184 trading sessions.
The current Doubleline Selective Credit Fund drawdown is 0.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.12% | Mar 6, 2020 | 14 | Mar 25, 2020 | 184 | Dec 15, 2020 | 198 |
| -9.51% | Dec 21, 2021 | 222 | Nov 7, 2022 | 308 | Jan 31, 2024 | 530 |
| -1.24% | Oct 2, 2024 | 23 | Nov 1, 2024 | 18 | Nov 27, 2024 | 41 |
| -1.22% | Apr 1, 2024 | 12 | Apr 16, 2024 | 15 | May 7, 2024 | 27 |
| -1.08% | Nov 27, 2015 | 63 | Feb 29, 2016 | 49 | May 9, 2016 | 112 |
Volatility
Volatility Chart
The current Doubleline Selective Credit Fund volatility is 0.94%, 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.