DoubleLine Core Plus Bond Fund  (ADZIX)

Fund Overview

Fund Overview

Share Class

Z

NAV | as of 07/09/2020

$10.75
+$0.02 (+0.19%)

Morningstar | Style Box

L M E H M L

Growth of $10,000 (Hypothetical)

Since Inception 09/29/2017 to 06/30/2020 = $11,013.83

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Objective

The Fund seeks to maximize total return.

Why Consider

  • May serve as a one stop shop for investors seeking a fully diversified fixed income portfolio that extends beyond core bond sectors including emerging markets and high yield
  • Employs a team based approach for top-down sector allocation which incorporates sector fundamentals, relative valuations and interest rate scenario analysis
  • Selects securities based on a bottom-up fundamental analysis conducted by specialized teams with deep experience in their respective sectors

Documents

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Fund Managers

Jeffrey E. Gundlach

Founder and Chief Executive Officer

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Philip A. Barach

President

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Luz M. Padilla

Portfolio Manager

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Robert Cohen, CFA

Portfolio Manager

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Performance

Performance

Read Important Investment Disclosures

Returns

 

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

Expense Ratios

  • Gross Expense Ratio: 0.69%
  • Net Expense Ratio: 0.64%
  • Expense Cap Expiration Date: 03/01/2021

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Fixed)

As of: 03/31/2020

DoubleLine Global Bond Fund 4.89%
United States Treasury Note/Bond Fixed 2.57%
Fannie Mae Pool MA3867 Fixed 2.14%
United States Treasury Note/Bond Fixed 1.83%
United States Treasury Note/Bond Fixed 1.72%
Freddie Mac REMICS Fixed 1.45%
Fannie Mae Pool BC0281 Fixed 1.43%
United States Treasury Note/Bond Fixed 1.41%
United States Treasury Note/Bond Fixed 1.26%
United States Treasury Note/Bond Fixed 1.15%
% in Top 10 Holdings 19.85%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Fixed)

As of: 03/31/2020

Investment Approach

Investment Approach

DoubleLine Core Plus Bond Fund

DoubleLine believes investors should be compensated for any incremental increase in risk. The Fund's investment approach combines a top-down sector allocation with bottom-up security selection. Sector allocation is based on input from all senior portfolio managers from each asset class. Security selection is driven by bottom-up credit analysis with support from scenario analysis for various market environments.

Additional Fund Highlight

Fully diversified, offering exposure to non-core bond areas such as emerging markets, municipals and high yield.


An Active Fixed Income Fund for an Uncertain Rate Environment

 
Help navigate an uncertain rate environment with active bond management. A manager who understands the variability in asset classes can be highly selective about which companies and countries to invest in to help drive performance for investors.
Read Full Perspective More About DoubleLine Capital

About

About DoubleLine Capital

Background

DoubleLine Capital blends active management of asset class exposure with bottom-up security selection to construct portfolios with efficient risk-adjusted returns.

Learn More

Founded

2009


Headquarters

Los Angeles, CA


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