DoubleLine Floating Rate Fund Class N Shares (DLFRX)
| Fund Assets | 128.42M |
| Expense Ratio | 1.00% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 7.23% |
| Dividend Growth | -10.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.06 |
| YTD Return | 3.71% |
| 1-Year Return | 7.30% |
| 5-Year Return | 31.96% |
| 52-Week Low | 8.74 |
| 52-Week High | 9.11 |
| Beta (5Y) | 0.13 |
| Holdings | 295 |
| Inception Date | Feb 1, 2013 |
About DLFRX
The fund normally will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in floating rate loans and other floating rate investments. The adviser expects that many or all of the fund's investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers (including issuers involved in bankruptcy proceedings, reorganizations, financial restructurings, or otherwise experiencing financial hardship).
Performance
DLFRX had a total return of 7.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.71%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| DBFRX | Class I | 0.75% |
Top 10 Holdings
10.47% of assets| Name | Symbol | Weight |
|---|---|---|
| BRIDGE STREET CLO IV LTD 5.87% | BRDGS.2024-1A A | 1.57% |
| Ineos Us Finance Llc | INEGRP.L 02.19.30 25 | 1.22% |
| Voyager Parent T/L B | n/a | 1.11% |
| Opal US T/L (3/25) | n/a | 1.05% |
| Athenahealth Group Inc | ATHENA.L 02.15.29 7 | 1.01% |
| Acrisure T/L B6 (12/24) | n/a | 0.98% |
| OneDigital Borower (Achilles) T/L B (01/25) (Target) | n/a | 0.90% |
| Bausch + Lomb Corp | BLCOCN.L 05.10.27 1 | 0.88% |
| Ai Aqua Merger T/L B (Culligan Water) | CULLHO.L 07.31.28 12 | 0.88% |
| Imperial Bag & Paper/Imperial Dade (2/25) T/L B Target | n/a | 0.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.05554 | Jun 30, 2025 |
| May 30, 2025 | $0.05684 | May 30, 2025 |
| Apr 30, 2025 | $0.04698 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05094 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04667 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05013 | Jan 31, 2025 |