DoubleLine Low Duration Bond R6 (DDLDX)
| Fund Assets | 6.15B |
| Expense Ratio | 0.40% |
| Min. Investment | $100,000 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.90% |
| Dividend Growth | -0.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.68 |
| YTD Return | 3.45% |
| 1-Year Return | 4.63% |
| 5-Year Return | 15.61% |
| 52-Week Low | 9.57 |
| 52-Week High | 9.72 |
| Beta (5Y) | n/a |
| Holdings | 820 |
| 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 4.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.74%.
Top 10 Holdings
23.98% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.63% | T.0.625 03.31.27 | 4.65% |
| United States Treasury Notes 0.5% | T.0.5 06.30.27 | 4.11% |
| United States Treasury Notes 0.88% | T.0.875 11.15.30 | 3.37% |
| United States Treasury Notes 0.75% | T.0.75 01.31.28 | 2.97% |
| United States Treasury Notes 0.88% | T.0.875 09.30.26 | 1.91% |
| United States Treasury Notes 0.75% | T.0.75 03.31.26 | 1.74% |
| United States Treasury Notes 0.63% | T.0.625 07.31.26 | 1.65% |
| United States Treasury Bills 0% | B.0 07.31.25 | 1.60% |
| United States Treasury Notes 0.75% | T.0.75 05.31.26 | 1.07% |
| Morgan Stanley Instl Lqudty Govt Instl | MVRXX | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03855 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0392 | Jun 30, 2025 |
| May 30, 2025 | $0.03887 | May 30, 2025 |
| Apr 30, 2025 | $0.0371 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03836 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03561 | Feb 28, 2025 |