About DBLSX
DoubleLine Low Duration Bond Fund Class I is an open-end mutual fund focused on short-term fixed income securities. Its primary objective is to seek current income through an actively managed, multi-sector approach that emphasizes capital preservation and limited interest-rate sensitivity. The portfolio allocates across U.S. government and agency securities, agency and non-agency mortgage-backed securities, commercial mortgage-backed securities, corporate credit, bank loans, and asset-backed securities, with duration management used to keep overall interest-rate exposure low. The strategy combines top-down macroeconomic views on rates and credit with bottom-up security selection that evaluates sponsor strength, structure, and collateral quality, supplemented by scenario analysis to assess stress resilience. Classified within the short-term bond category, the fund targets investment-grade instruments while retaining flexibility to allocate to below-investment-grade bonds when deemed comparable in credit quality, aiming for diversified sources of income within a constrained risk profile. The institutional share class features a low expense ratio relative to peers and an inception dating to 2011, underscoring an established track record in the low-duration segment.
Fund Family DoubleLine
Category Short-Term Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol DBLSX
Share Class Class I
Index ICE BofA Treasury 1-3 Year TR
DBLSX had a total return of 3.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.67%.
