DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX)
| Fund Assets | 331.17M |
| Expense Ratio | 1.18% |
| Min. Investment | $2,000 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.26% |
| Dividend Growth | -4.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.03 |
| YTD Return | 0.48% |
| 1-Year Return | 5.82% |
| 5-Year Return | 9.30% |
| 52-Week Low | 8.94 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 152 |
| Inception Date | Apr 6, 2010 |
About DLENX
DoubleLine Emerging Markets Fixed Income Fund Class N is a mutual fund that focuses on delivering high total return through a combination of current income and capital appreciation. Its core strategy is to invest primarily in the fixed income securities of emerging market sovereigns, quasi-sovereign entities, and private issuers across regions and sectors. The fund is guided by the philosophy that emerging markets debt presents a secularly improving credit profile, and it emphasizes rigorous selection to manage credit risk effectively. At least 80% of its assets are typically allocated to emerging market instruments, providing exposure to diverse economic environments and currency profiles. The fund’s approach allows investors to access the growth potential, higher yields, and diversification offered by emerging markets, while managing the unique political, economic, and currency risks associated with these regions. DoubleLine Emerging Markets Fixed Income Fund Class N plays a significant role in the financial market as an option for investors seeking broad international fixed income exposure, income generation, and portfolio diversification.
Performance
DLENX had a total return of 5.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.99%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGYMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class C | 1.79% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 1.04% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.69% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.79% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.75% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| DBLEX | Class I | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.03579 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04078 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03302 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03418 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04052 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03351 | Nov 28, 2025 |