DoubleLine Em Mkts Lcl Ccy Bd I (DBELX)
| Fund Assets | 202.56M |
| Expense Ratio | 0.91% |
| Min. Investment | $100,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.84% |
| Dividend Growth | -28.88% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.34 |
| YTD Return | 14.57% |
| 1-Year Return | 8.66% |
| 5-Year Return | 11.16% |
| 52-Week Low | 8.24 |
| 52-Week High | 9.40 |
| Beta (5Y) | 0.34 |
| Holdings | 51 |
| Inception Date | Jun 28, 2019 |
About DBELX
DoubleLine Emerging Markets Local Currency Bond Fund Class I is an actively managed mutual fund focused on bonds from emerging-market issuers denominated in their **local currencies**. The fund seeks **high total return** by combining current income with potential capital appreciation, investing across sovereign, quasi-sovereign, and select corporate debt in developing countries. Its approach blends **top-down global macro** analysis with **bottom-up fundamental research** to identify attractive interest-rate and currency opportunities across regions and sectors, supported by firmwide asset-allocation meetings led by senior portfolio leadership. The strategy may use selective local corporate exposure for additional yield and potential spread compression, while actively managing country, duration, and currency risks. The fund maintains a policy to invest at least 80% of net assets in local-currency emerging-market bonds, aligning it with the **emerging-markets local-currency bond** category. Class I features institutional terms, including a stated **net expense ratio** and higher minimum investment, reflecting its professional orientation and risk-managed design for diversified exposure to EM rate and FX cycles.
Performance
DBELX had a total return of 8.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.19%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| DLELX | Class N | 1.16% |
Top 10 Holdings
39.73% of assets| Name | Symbol | Weight |
|---|---|---|
| South Africa (Republic of) 8.88% | SAGB.8.875 02.28.35 2035 | 5.72% |
| South Africa (Republic of) 8.5% | SAGB.8.5 01.31.37 2037 | 4.72% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 05.29.31 M | 4.29% |
| Poland (Republic of) 5% | POLGB.5 10.25.34 1034 | 4.03% |
| Secretaria Do Tesouro Nacional | BLTN.0 01.01.29 LTN | 3.79% |
| Czech (Republic of) 2.75% | CZGB.2.75 07.23.29 105 | 3.65% |
| BRAZIL NOTAS DE TESOURO NACIONAL SERIE F (PRICES NEAR 1000) | n/a | 3.63% |
| Malaysia (Government Of) 3.58% | MGS.3.582 07.15.32 0122 | 3.42% |
| Peru (Republic Of) 5.4% | PERUGB.5.4 08.12.34 | 3.33% |
| Indonesia (Republic of) 8.38% | INDOGB.8.375 03.15.34 FR68 | 3.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.11642 | Jun 30, 2025 |
| Mar 31, 2025 | $0.04896 | Mar 31, 2025 |
| Sep 30, 2024 | $0.1003 | Sep 30, 2024 |
| Jun 28, 2024 | $0.08778 | Jun 28, 2024 |
| Mar 28, 2024 | $0.12795 | Mar 28, 2024 |
| Dec 29, 2023 | $0.0609 | Dec 29, 2023 |