About DELNX
DoubleLine Low Duration Emerging Markets Fixed Income Fund Class N is a mutual fund designed to generate long-term total return by investing primarily in the debt securities of emerging market issuers. The fund targets bonds issued by sovereign governments, quasi-sovereigns such as government agencies, and private sector entities in emerging markets, maintaining a dollar-weighted average effective duration of three years or less. This focus on shorter duration bonds helps limit interest rate sensitivity, aiming to reduce portfolio volatility. The fund employs a value-driven, bottom-up research process, combining detailed issuer-level credit analysis with active management and sector rotation strategies. Its portfolio is diversified across geographies, with significant exposure to countries like Mexico, Brazil, Peru, and India, and sectors such as corporate, quasi-sovereign, and sovereign debt. The fund plays a specialized role in the market by offering investors access to emerging market fixed income opportunities with a lower duration profile, catering to those seeking current income potential with moderated interest rate risk in a global context.
Fund Family DoubleLine
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol DELNX
Share Class Class N
Index Index is not available on Lipper Database
DELNX had a total return of 4.39% in the past year, including dividends.
Since the fund's inception, the average annual return has been 3.05%.
