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DoubleLine Floating Rate Fund
DLFRX (Mutual Fund)
DoubleLine Floating Rate Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.3%
1 yr return
8.7%
3 Yr Avg Return
5.2%
5 Yr Avg Return
4.5%
Net Assets
$172 M
Holdings in Top 10
15.8%
52 WEEK LOW AND HIGH
$9.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 40.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
DLFRX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.16%
- Dividend Yield 7.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDoubleLine Floating Rate Fund
-
Fund Family NameDoubleLine Funds
-
Inception DateFeb 01, 2013
-
Shares Outstanding5457627
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Cohen
Fund Description
The Fund invests primarily in floating rate loans and other floating rate investments.
Floating rate loans are typically debt obligations with interest rates that adjust or “float” periodically, often on a daily, monthly, quarterly, or semiannual basis by reference to a base lending rate plus a premium. Certain floating rate loans are secured by specific collateral of the borrower and are senior to most other securities of the borrower (e.g., common stock and other debt instruments) in the event of bankruptcy. Other floating rate loans may be unsecured obligations of the borrower. A floating rate loan may be structured and administered by a financial institution that acts as the agent of the lenders participating in the floating rate loan. Such floating rate loans may be acquired through the agent or from the borrower, as an assignment from another lender who holds a direct interest in the floating rate loan, or as a participation interest in another lender’s portion of the floating rate loan.
Floating rate investments include, without limitation, bank loans, including assignments and participations; floating rate debt securities; inflation-indexed securities; certain mortgage- and asset-backed securities, and collateralized debt obligations (“CDOs”), including collateralized loan obligations (“CLOs”) and collateralized mortgage obligations, backed by floating rate instruments or structured as floating rate investments and having, in the judgment of DoubleLine Capital LP (the “Adviser” or “DoubleLine Capital”), characteristics similar to those of other floating rate investments; adjustable rate mortgages; floaters; inverse floaters; money market securities of all types; repurchase agreements; shares of money market and short-term bond funds; and floating rate loans of any kind (including, among others, subordinated loans, debtor‑in‑possession loans, exit facilities, delayed funding loans and revolving credit facilities).
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. For purposes of this policy, any security or instrument will be considered a floating rate investment if it has a maturity of six months or less even if it pays a rate of interest rate that does not reset or adjust prior to maturity. The Fund’s investments in derivatives and other synthetic instruments that provide exposure comparable, in the judgment of the Adviser, to floating rate investments will be counted toward satisfaction of this 80% policy as well.
The Fund may invest in securities or instruments of any credit quality. The Fund expects that many or all of the Fund’s investments will be rated below investment grade or unrated but of comparable credit quality. Corporate bonds and other fixed income instruments, including certain floating rate investments, rated below investment grade, or such instruments that are unrated and determined by the Adviser to be of comparable quality, are high yield, high risk securities, commonly known as “junk bonds.” The Fund may invest in securities of stressed, distressed, and defaulted issuers (including issuers involved in bankruptcy proceedings, reorganizations, financial restructurings, or otherwise experiencing financial hardship). Such investments entail high risk and have speculative characteristics.
Subject to the Fund’s policy to invest at least 80% of its net assets in floating rate loans and other floating rate investments, the Fund may invest any portion of its assets in bonds, debentures, notes and other debt instruments, preferred securities, money market securities, investment-grade debt securities, repurchase agreements, and any security or instrument bearing a fixed, floating or adjustable rate of interest, including by investing in other investment companies, ETFs, and domestic or foreign private investment vehicles, including investment companies sponsored or managed by the Adviser or its related parties. The amount of the Fund’s investment in certain investment companies may be limited by law or by tax considerations.
The Fund may invest in obligations of corporate and governmental issuers of any maturity. The Fund may invest in foreign investments, including obligations of issuers in emerging markets, without limit.
The Fund’s investments in loans may include loans issued in an offering that has been oversubscribed. The Fund may be able to sell such investments at a gain shortly after those investments are made. If the Fund seeks to take advantage of such opportunities, it may lead to higher levels of portfolio turnover, increased transaction costs and greater amounts of taxable distributions to shareholders. There can be no assurance that the Adviser will be able to identify such opportunities successfully or sell any investments at a gain.
The Adviser monitors the duration of the Fund’s portfolio securities to seek to assess and, in its discretion, adjust the Fund’s exposure to interest rate risk. The Fund may enter into derivatives transactions and other instruments of any kind for duration management purposes, hedging purposes or otherwise to gain, or reduce, long or short exposure to one or more asset classes or issuers. The Fund also may use derivatives transactions with the purpose or effect of creating investment leverage.
The Fund’s portfolio managers may consider a wide variety of factors in purchasing and selling investments for the Fund, including, without limitation, liquidity of the investment, fundamental analysis of the issuer, the credit quality of the issuer and any collateral securing the investment, the issuer’s management, capital structure, leverage, and operational performance, and the business outlook for the industry of the issuer. The Fund also may consider available credit ratings. Although the Fund’s portfolio managers may review credit ratings in making investment decisions, they typically perform their own investment analysis and generally do not rely upon the independent credit rating agencies in making investment decisions.
Proceeds from the sale of a loan may not be available to the Fund for a substantial period of time after the sale. As a result, it is possible that, during a period of substantial shareholder redemptions, proceeds from sales of loans by the Fund will not be available to the Fund on a timely basis for payment to redeeming shareholders. The Fund might as a result incur significant borrowing or other expenses, be forced to sell other securities with shorter settlement periods at unfavorable times or prices, or be forced to delay payment of redemption proceeds beyond the customary period.
Portfolio securities may be sold at any time. By way of example, the Fund’s portfolio managers may sell a Fund investment in order to take advantage of what the portfolio managers consider to be a better investment opportunity, when the portfolio managers believe the investment no longer represents a relatively attractive investment opportunity, when the portfolio managers perceive deterioration in the credit fundamentals of the issuer, or when the individual investment has reached the portfolio managers’ sell target.
DLFRX - Performance
Return Ranking - Trailing
| Period | DLFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | -3.4% | 10.9% | 54.34% |
| 1 Yr | 8.7% | -3.2% | 13.1% | 68.30% |
| 3 Yr | 5.2%* | -6.8% | 8.2% | 66.54% |
| 5 Yr | 4.5%* | -6.1% | 38.3% | 56.85% |
| 10 Yr | 3.8%* | -2.0% | 19.9% | 57.69% |
* Annualized
Return Ranking - Calendar
| Period | DLFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.8% | -12.0% | 11.1% | 83.02% |
| 2022 | -6.9% | -22.9% | 5.1% | 37.98% |
| 2021 | 1.0% | -12.2% | 11.1% | 51.59% |
| 2020 | -1.5% | -14.1% | 289.8% | 19.42% |
| 2019 | 1.3% | -8.1% | 7.5% | 82.55% |
Total Return Ranking - Trailing
| Period | DLFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | -3.4% | 10.9% | 54.34% |
| 1 Yr | 8.7% | -3.2% | 13.1% | 68.30% |
| 3 Yr | 5.2%* | -6.8% | 8.2% | 66.54% |
| 5 Yr | 4.5%* | -6.1% | 38.3% | 56.85% |
| 10 Yr | 3.8%* | -2.0% | 19.9% | 57.69% |
* Annualized
Total Return Ranking - Calendar
| Period | DLFRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.1% | -12.0% | 22.1% | 78.49% |
| 2022 | -2.4% | -22.9% | 5.1% | 53.88% |
| 2021 | 4.3% | -10.2% | 11.1% | 66.27% |
| 2020 | 2.8% | -14.1% | 306.9% | 23.14% |
| 2019 | 6.9% | -3.6% | 10.5% | 65.96% |
NAV & Total Return History
DLFRX - Holdings
Concentration Analysis
| DLFRX | Category Low | Category High | DLFRX % Rank | |
|---|---|---|---|---|
| Net Assets | 172 M | 29.9 M | 13.5 B | 84.17% |
| Number of Holdings | 338 | 2 | 2051 | 50.97% |
| Net Assets in Top 10 | 27.6 M | -191 M | 2.37 B | 75.10% |
| Weighting of Top 10 | 15.80% | 5.2% | 100.7% | 39.45% |
Top 10 Holdings
- First American Government Obligations Fund 2.69%
- JPMorgan US Government Money Market Fund 2.69%
- MSILF Government Portfolio 2.69%
- Charles Schwab Corp/The 1.15%
- Katayma CLO I Ltd 1.15%
- American Express Co 1.15%
- Bridge Street CLO IV Ltd 1.15%
- Central Parent LLC 1.09%
- TransDigm Inc 1.02%
- First Advantage Holdings LLC 0.99%
Asset Allocation
| Weighting | Return Low | Return High | DLFRX % Rank | |
|---|---|---|---|---|
| Bonds | 94.60% | 0.00% | 161.82% | 52.92% |
| Cash | 8.08% | -61.90% | 16.36% | 14.01% |
| Stocks | 0.07% | 0.00% | 100.74% | 85.21% |
| Preferred Stocks | 0.00% | -3.99% | 7.54% | 63.42% |
| Other | 0.00% | -52.39% | 26.58% | 68.09% |
| Convertible Bonds | 0.00% | 0.00% | 5.51% | 66.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DLFRX % Rank | |
|---|---|---|---|---|
| Industrials | 100.00% | 0.00% | 100.00% | 0.87% |
| Utilities | 0.00% | 0.00% | 100.00% | 56.52% |
| Technology | 0.00% | 0.00% | 100.00% | 59.13% |
| Real Estate | 0.00% | 0.00% | 48.61% | 46.09% |
| Healthcare | 0.00% | 0.00% | 100.00% | 45.22% |
| Financial Services | 0.00% | 0.00% | 89.61% | 47.83% |
| Energy | 0.00% | 0.00% | 100.00% | 75.65% |
| Communication Services | 0.00% | 0.00% | 100.00% | 76.52% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 55.65% |
| Consumer Cyclical | 0.00% | 0.00% | 97.66% | 65.22% |
| Basic Materials | 0.00% | 0.00% | 1.36% | 46.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DLFRX % Rank | |
|---|---|---|---|---|
| US | 0.07% | -0.01% | 100.74% | 83.27% |
| Non US | 0.00% | 0.00% | 0.68% | 56.42% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | DLFRX % Rank | |
|---|---|---|---|---|
| Corporate | 90.91% | 0.00% | 99.80% | 38.43% |
| Cash & Equivalents | 8.08% | 0.00% | 25.03% | 12.45% |
| Securitized | 2.32% | 0.00% | 91.68% | 24.31% |
| Derivative | 0.00% | -11.46% | 0.67% | 58.37% |
| Municipal | 0.00% | 0.00% | 0.47% | 47.45% |
| Government | 0.00% | 0.00% | 3.18% | 55.29% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | DLFRX % Rank | |
|---|---|---|---|---|
| US | 94.60% | 0.00% | 124.50% | 35.02% |
| Non US | 0.00% | 0.00% | 63.23% | 70.04% |
DLFRX - Expenses
Operational Fees
| DLFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.03% | 5.51% | 60.61% |
| Management Fee | 0.50% | 0.00% | 1.89% | 15.15% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.59% |
| Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
| DLFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| DLFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 1.00% | 2.00% | 62.50% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| DLFRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 40.00% | 4.00% | 180.00% | 24.79% |
DLFRX - Distributions
Dividend Yield Analysis
| DLFRX | Category Low | Category High | DLFRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 7.21% | 0.00% | 11.13% | 61.13% |
Dividend Distribution Analysis
| DLFRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| DLFRX | Category Low | Category High | DLFRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.16% | 1.77% | 9.82% | 74.70% |
Capital Gain Distribution Analysis
| DLFRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.055 | OrdinaryDividend |
| Oct 31, 2024 | $0.057 | OrdinaryDividend |
| Sep 30, 2024 | $0.059 | OrdinaryDividend |
| Aug 30, 2024 | $0.059 | OrdinaryDividend |
| Jul 31, 2024 | $0.061 | OrdinaryDividend |
| Jun 28, 2024 | $0.061 | OrdinaryDividend |
| May 31, 2024 | $0.060 | OrdinaryDividend |
| Apr 30, 2024 | $0.058 | OrdinaryDividend |
| Mar 28, 2024 | $0.051 | OrdinaryDividend |
| Feb 29, 2024 | $0.061 | OrdinaryDividend |
| Jan 31, 2024 | $0.062 | OrdinaryDividend |
| Dec 29, 2023 | $0.064 | OrdinaryDividend |
| Nov 30, 2023 | $0.063 | OrdinaryDividend |
| Oct 31, 2023 | $0.064 | OrdinaryDividend |
| Sep 29, 2023 | $0.065 | OrdinaryDividend |
| Aug 30, 2023 | $0.062 | OrdinaryDividend |
| Jul 31, 2023 | $0.059 | OrdinaryDividend |
| Jun 30, 2023 | $0.064 | OrdinaryDividend |
| May 31, 2023 | $0.067 | OrdinaryDividend |
| Apr 28, 2023 | $0.051 | OrdinaryDividend |
| Mar 31, 2023 | $0.070 | OrdinaryDividend |
| Feb 28, 2023 | $0.052 | OrdinaryDividend |
| Jan 31, 2023 | $0.056 | OrdinaryDividend |
| Dec 30, 2022 | $0.055 | OrdinaryDividend |
| Nov 30, 2022 | $0.051 | OrdinaryDividend |
| Oct 31, 2022 | $0.045 | OrdinaryDividend |
| Sep 30, 2022 | $0.044 | OrdinaryDividend |
| Aug 31, 2022 | $0.042 | OrdinaryDividend |
| Jul 29, 2022 | $0.035 | OrdinaryDividend |
| Jun 30, 2022 | $0.031 | OrdinaryDividend |
| May 31, 2022 | $0.028 | OrdinaryDividend |
| Apr 29, 2022 | $0.026 | OrdinaryDividend |
| Mar 31, 2022 | $0.028 | OrdinaryDividend |
| Feb 28, 2022 | $0.024 | OrdinaryDividend |
| Jan 31, 2022 | $0.024 | OrdinaryDividend |
| Dec 30, 2021 | $0.026 | OrdinaryDividend |
| Nov 30, 2021 | $0.025 | OrdinaryDividend |
| Oct 29, 2021 | $0.026 | OrdinaryDividend |
| Sep 30, 2021 | $0.024 | OrdinaryDividend |
| Aug 31, 2021 | $0.023 | OrdinaryDividend |
| Jul 30, 2021 | $0.025 | OrdinaryDividend |
| Jun 30, 2021 | $0.025 | OrdinaryDividend |
| May 28, 2021 | $0.021 | OrdinaryDividend |
| Apr 30, 2021 | $0.023 | OrdinaryDividend |
| Mar 31, 2021 | $0.023 | OrdinaryDividend |
| Feb 26, 2021 | $0.022 | OrdinaryDividend |
| Jan 29, 2021 | $0.023 | OrdinaryDividend |
| Dec 31, 2020 | $0.028 | OrdinaryDividend |
| Nov 30, 2020 | $0.025 | OrdinaryDividend |
| Oct 30, 2020 | $0.026 | OrdinaryDividend |
| Sep 30, 2020 | $0.026 | OrdinaryDividend |
| Aug 31, 2020 | $0.026 | OrdinaryDividend |
| Jul 31, 2020 | $0.033 | OrdinaryDividend |
| Jun 30, 2020 | $0.029 | OrdinaryDividend |
| May 29, 2020 | $0.029 | OrdinaryDividend |
| Apr 30, 2020 | $0.028 | OrdinaryDividend |
| Mar 31, 2020 | $0.038 | OrdinaryDividend |
| Feb 28, 2020 | $0.031 | OrdinaryDividend |
| Jan 31, 2020 | $0.036 | OrdinaryDividend |
| Dec 31, 2019 | $0.037 | OrdinaryDividend |
| Nov 29, 2019 | $0.033 | OrdinaryDividend |
| Oct 31, 2019 | $0.035 | OrdinaryDividend |
| Sep 30, 2019 | $0.036 | OrdinaryDividend |
| Aug 30, 2019 | $0.043 | OrdinaryDividend |
| Jul 31, 2019 | $0.043 | OrdinaryDividend |
| Jun 28, 2019 | $0.041 | OrdinaryDividend |
| May 31, 2019 | $0.044 | OrdinaryDividend |
| Apr 30, 2019 | $0.040 | OrdinaryDividend |
| Mar 29, 2019 | $0.043 | OrdinaryDividend |
| Feb 28, 2019 | $0.042 | OrdinaryDividend |
| Jan 31, 2019 | $0.046 | OrdinaryDividend |
| Dec 31, 2018 | $0.042 | OrdinaryDividend |
| Nov 30, 2018 | $0.042 | OrdinaryDividend |
| Oct 31, 2018 | $0.039 | OrdinaryDividend |
| Sep 28, 2018 | $0.037 | OrdinaryDividend |
| Aug 31, 2018 | $0.038 | OrdinaryDividend |
| Jul 31, 2018 | $0.037 | OrdinaryDividend |
| Jun 29, 2018 | $0.038 | OrdinaryDividend |
| May 31, 2018 | $0.039 | OrdinaryDividend |
| Apr 30, 2018 | $0.031 | OrdinaryDividend |
| Mar 29, 2018 | $0.032 | OrdinaryDividend |
| Feb 28, 2018 | $0.032 | OrdinaryDividend |
| Jan 31, 2018 | $0.032 | OrdinaryDividend |
| Dec 29, 2017 | $0.027 | OrdinaryDividend |
| Nov 30, 2017 | $0.031 | OrdinaryDividend |
| Oct 31, 2017 | $0.030 | OrdinaryDividend |
| Sep 29, 2017 | $0.030 | OrdinaryDividend |
| Aug 31, 2017 | $0.030 | OrdinaryDividend |
| Jul 31, 2017 | $0.030 | OrdinaryDividend |
| Jun 30, 2017 | $0.030 | OrdinaryDividend |
| May 31, 2017 | $0.032 | OrdinaryDividend |
| Apr 28, 2017 | $0.027 | OrdinaryDividend |
| Mar 31, 2017 | $0.028 | OrdinaryDividend |
| Feb 28, 2017 | $0.026 | OrdinaryDividend |
| Jan 31, 2017 | $0.027 | OrdinaryDividend |
| Dec 30, 2016 | $0.025 | OrdinaryDividend |
| Nov 30, 2016 | $0.027 | OrdinaryDividend |
| Oct 31, 2016 | $0.029 | OrdinaryDividend |
| Sep 30, 2016 | $0.029 | OrdinaryDividend |
| Aug 31, 2016 | $0.029 | OrdinaryDividend |
| Jul 29, 2016 | $0.029 | OrdinaryDividend |
| Jun 30, 2016 | $0.027 | OrdinaryDividend |
| May 31, 2016 | $0.026 | OrdinaryDividend |
| Apr 29, 2016 | $0.025 | OrdinaryDividend |
| Mar 31, 2016 | $0.028 | OrdinaryDividend |
| Feb 29, 2016 | $0.024 | OrdinaryDividend |
| Jan 29, 2016 | $0.025 | OrdinaryDividend |
| Dec 31, 2015 | $0.028 | OrdinaryDividend |
| Nov 30, 2015 | $0.027 | OrdinaryDividend |
| Oct 30, 2015 | $0.026 | OrdinaryDividend |
| Sep 30, 2015 | $0.033 | OrdinaryDividend |
| Aug 31, 2015 | $0.029 | OrdinaryDividend |
| Jul 31, 2015 | $0.033 | OrdinaryDividend |
| Jun 30, 2015 | $0.030 | OrdinaryDividend |
| May 29, 2015 | $0.036 | OrdinaryDividend |
| Apr 30, 2015 | $0.028 | OrdinaryDividend |
| Mar 31, 2015 | $0.026 | OrdinaryDividend |
| Feb 27, 2015 | $0.025 | OrdinaryDividend |
| Jan 30, 2015 | $0.027 | OrdinaryDividend |
| Dec 31, 2014 | $0.032 | OrdinaryDividend |
| Dec 03, 2014 | $0.007 | CapitalGainShortTerm |
| Dec 03, 2014 | $0.000 | CapitalGainLongTerm |
| Nov 28, 2014 | $0.027 | OrdinaryDividend |
| Oct 31, 2014 | $0.024 | OrdinaryDividend |
| Sep 30, 2014 | $0.025 | OrdinaryDividend |
| Aug 29, 2014 | $0.028 | OrdinaryDividend |
| Jul 31, 2014 | $0.022 | OrdinaryDividend |
| Jun 30, 2014 | $0.025 | OrdinaryDividend |
| May 30, 2014 | $0.026 | OrdinaryDividend |
| Apr 30, 2014 | $0.023 | OrdinaryDividend |
| Mar 31, 2014 | $0.024 | OrdinaryDividend |
| Feb 28, 2014 | $0.026 | OrdinaryDividend |
| Jan 31, 2014 | $0.023 | OrdinaryDividend |
| Dec 31, 2013 | $0.026 | OrdinaryDividend |
| Dec 04, 2013 | $0.000 | CapitalGainShortTerm |
| Nov 29, 2013 | $0.022 | OrdinaryDividend |
| Oct 31, 2013 | $0.021 | OrdinaryDividend |
| Sep 30, 2013 | $0.017 | OrdinaryDividend |
| Aug 30, 2013 | $0.015 | OrdinaryDividend |
| Jul 31, 2013 | $0.016 | OrdinaryDividend |
| Jun 28, 2013 | $0.012 | OrdinaryDividend |
| May 31, 2013 | $0.009 | OrdinaryDividend |
| Apr 30, 2013 | $0.001 | OrdinaryDividend |
DLFRX - Fund Manager Analysis
Managers
Robert Cohen
Start Date
Tenure
Tenure Rank
Feb 01, 2013
9.33
9.3%
Mr. Cohen joined DoubleLine’s Global Developed Credit Group in 2012. He is the Director of the group and also a permanent member of the Fixed Income Asset Allocation committee. Prior to DoubleLine, he was a Senior Credit Analyst at West Gate Horizons Advisors (and its predecessor ING Capital Advisors) where he worked as an analyst covering bank loans and high yield bonds since 2001. Prior to joining ING, Mr. Cohen was an Assistant Vice President in the Asset Management Group of Union Bank. At Union Bank, Mr. Cohen managed a diversified portfolio of leveraged loans as well as a portfolio of CDO securities. Prior to Union Bank, he was an Associate Director of Corporate and Investment Banking at the Bank of Montreal in their Natural Resources Group. He holds a BA in Economics from the University of Arizona and an MBA from the University of Southern California. He is a CFA charterholder.
Philip Kenney
Start Date
Tenure
Tenure Rank
Jul 31, 2018
3.84
3.8%
Mr. Kenney joined DoubleLine’s Global Developed Credit Group in 2013 and has been Director of Corporate Research since 2016. Prior to joining the firm, he worked at Crescent Capital as an investment analyst with a focus on high yield bonds and leveraged loans.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 21.18 | 6.08 | 3.25 |
