DoubleLine Total Return Bond Fund Class N (DLTNX)

10.92
Net Asset Value
-0.27%
1 Day
+1.30%
Year-to-Date
Overall Morningstar Rating
Intermediate-term bond
Style or Category
No Load
Sales Expenses
0.73%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize total return. The fund intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in bonds. It intends to invest more than 50% of its net assets in mortgage-backed securities of any maturity or type. The fund may invest in bonds of any credit quality. It may invest up to 33 1/3% of its net assets in junk bonds, bank loans and assignments and credit default swaps of companies in the high yield universe. The portfolio managers intend to seek to construct an investment portfolio with a weighted average effective duration of no less than one year and no more than eight years.

Performance

1 month+0.12% 3 years+5.78%
3 months+0.93% 5 years--
1 year+0.45% Since inception+9.06%
Data through --

Peer Comparisonvs. Intermediate-term bond

 DLTNXCategory
Performance 5-yr return--+6.61%
Expense ratio0.73%0.90%
Risk 5 year sharpe ratio--1.88
Net assets$31.7B$3.3B
Average market cap--$28.1B
Average P/E--16.7
Portfolio turnover23%23%

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Fund Management and Purchase Info

Fund familyDoubleLine
Fund manager & tenurePhilip Barach / 3 Years
Minimal initial investment$2,000.00
Minimum IRA investment$500.00

Holdings

Fixed income94.42%
Cash5.58%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- US Treasury Note 1.625%3.87%
-- US Treasury Note 2%2.10%
-- FNMA 3%1.40%
-- FNMA 3%1.06%
-- FNMA 3.5%0.99%
-- FNMA 3.5%0.90%
-- FNMA 3.5%0.86%
-- FHLMC CMO 5.5%0.69%
-- Wells Fargo Alt Ln 2007-Pa5 CMO 6.25%0.63%
-- FNMA 3.5%0.63%

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