DoubleLine Low Duration Bond Fund Class R6 (DDLDX)
| Fund Assets | 6.35B |
| Expense Ratio | 0.40% |
| Min. Investment | $100,000 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.64% |
| Dividend Growth | -8.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.70 |
| YTD Return | 0.75% |
| 1-Year Return | 6.08% |
| 5-Year Return | 17.11% |
| 52-Week Low | 9.16 |
| 52-Week High | 9.71 |
| Beta (5Y) | n/a |
| Holdings | 817 |
| Inception Date | Jul 31, 2019 |
About DDLDX
DoubleLine Low Duration Bond Fund Class R6 is an actively managed open‑end mutual fund focused on generating current income while maintaining a short interest‑rate profile. The strategy centers on **low duration** exposure—around the one‑to‑two‑year range—to help reduce sensitivity to rate movements, targeting a measured balance between income and capital stability. The portfolio invests primarily across **fixed income** sectors, including U.S. government and agency mortgage‑backed securities, non‑agency residential and commercial mortgage‑backed securities, corporate credit, and other securitized assets, with allocations guided by relative value and macroeconomic views. Management employs a multi‑step process that blends **top‑down** sector allocation and duration targets with **bottom‑up** security selection, incorporating scenario analysis and credit underwriting to manage risk and enhance risk‑adjusted returns. As a short‑term bond fund, it emphasizes liquidity and diversification, holding a broad basket of securities and monitoring credit quality across ratings spectra. The fund’s role in the market is to provide a core low‑duration fixed income sleeve for investors seeking consistent income with moderated interest‑rate volatility relative to intermediate‑ or long‑duration bond strategies.
Performance
DDLDX had a total return of 6.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.66%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03283 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04026 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03612 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03662 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03821 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03879 | Aug 29, 2025 |