DBLTX vs. DBLIX

Last updated Apr 1, 2026

Compare and contrast key facts about DoubleLine Total Return Bond Fund Class I (DBLTX) and DoubleLine Income Fund (DBLIX).

DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010. DBLIX is managed by DoubleLine. It was launched on Sep 2, 2019.

Performance

DBLTX vs. DBLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Total Return Bond Fund Class I (DBLTX) and DoubleLine Income Fund (DBLIX). The values are adjusted to include any dividend payments, if applicable.

DBLTX vs. DBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DBLTX DoubleLine Total Return Bond Fund Class I	-0.20%	8.05%	3.08%	5.34%	-12.56%	0.24%	4.13%	-0.73%
DBLIX DoubleLine Income Fund	0.48%	6.49%	10.61%	9.69%	-13.31%	5.72%	-5.09%	0.39%

Returns By Period

DBLTX

• 1D: 0.57%
• 1M: -2.21%
• YTD: -0.20%
• 6M: 1.11%
• 1Y: 4.50%
• 3Y*: 4.26%
• 5Y*: 0.83%
• 10Y*: 1.83%

DBLIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBLTX vs. DBLIX - Expense Ratio Comparison

DBLTX has a 0.50% expense ratio, which is lower than DBLIX's 0.65% expense ratio.

DBLIX

DoubleLine Income Fund

DBLTX

DoubleLine Total Return Bond Fund Class I

Return for Risk

DBLTX vs. DBLIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBLTX

DBLTX Risk / Return Rank: 63
DBLTX Sharpe Ratio Rank: 65
DBLTX Sortino Ratio Rank: 66
DBLTX Omega Ratio Rank: 49
DBLTX Calmar Ratio Rank: 78
DBLTX Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBLTX vs. DBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Total Return Bond Fund Class I (DBLTX) and DoubleLine Income Fund (DBLIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DBLTX	DBLIX	Difference
Sharpe ratio Return per unit of total volatility	1.12	—	—
Sortino ratio Return per unit of downside risk	1.62	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.84	—	—
Martin ratio Return relative to average drawdown	5.47	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DBLTX	DBLIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	—	—

Correlation

The correlation between DBLTX and DBLIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DBLTX vs. DBLIX - Dividend Comparison

DBLTX's dividend yield for the trailing twelve months is around 4.43%, less than DBLIX's 5.20% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBLTX DoubleLine Total Return Bond Fund Class I	4.43%	4.86%	5.03%	4.35%	3.86%	3.12%	3.39%	3.66%	3.74%	3.65%	3.72%	4.11%
DBLIX DoubleLine Income Fund	5.20%	6.33%	6.32%	7.44%	5.45%	4.76%	4.10%	1.30%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	DBLTX	DBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-16.49%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.49%	—	—
Current Drawdown Current decline from peak	-2.21%	—	—
Average Drawdown Average peak-to-trough decline	-2.38%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	—	—

Volatility

Volatility by Period

	DBLTX	DBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.23%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.56%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.38%	—	—