DoubleLine Low Duration Bond Fund Class I
DBLSX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 2002 N. Tampa St., Tampa FL United States of America 33602
- IPO Date
- Oct 6, 2011
- CIK
- 0001480207
- Website
- doubleline.com
- Similar Companies
- Business
- DoubleLine Low Duration Bond Fund Class I (DBLSX) is an open-end fixed income mutual fund managed by DoubleLine Capital LP that seeks current income through investments primarily in debt securities and other income-producing instruments with limited interest-rate sensitivity. The Fund offers three share classes, including Class I (DBLSX, inception September 30, 2011, minimum initial investment $100,000), Class N (DLSNX, minimum $2,000), and Class R6 (DDLDX, inception July 31, 2019, no minimum); it benchmarks performance against the ICE BofA 1-3 Year U.S. Treasury Index (primary) and Bloomberg US Aggregate 1-3 Year Index (secondary), with a net expense ratio of 0.45% for Class I and total net assets exceeding $6 billion as of October 2025. Core holdings and sectors encompass U.S. Government securities (27%); non-agency residential mortgage-backed securities (RMBS, 15%); investment grade corporate credits (14%); non-agency commercial MBS (CMBS, 14%); collateralized loan obligations (11%); asset-backed securities (8%); emerging markets debt (6%); agency RMBS (5%) and CMBS (0%); and cash equivalents, with an average duration of 1.58 years, weighted average life of 2.60 years, and 818 issues diversified across high-quality U.S. Treasuries, agency debt, and select below-investment-grade instruments up to 50% of assets. The Fund targets institutional and retail investors seeking short-term bond exposure with high current income, operates globally in U.S., international, and emerging fixed income markets, and is domiciled in the United States under DoubleLine Funds Trust, with the parent adviser headquartered in Tampa, Florida following its 2022 relocation from Los Angeles. Portfolio management is led by Jeffrey Gundlach (since July 2019), Jeffrey Sherman (CFA, since July 2019), Robert Cohen (CFA, since September 2016), and Luz Padilla (since inception), emphasizing active sector allocation via the DoubleLine Fixed Income Asset Allocation Committee. Recent developments include sustained monthly dividend distributions through 2025 (e.g., $0.04 per share in recent payouts yielding approximately 4.84% forward), updated fact sheets and performance reporting through October 2025 showing year-to-date returns of 4.92% for DBLSX outperforming benchmarks, a contractual fee waiver on affiliate fund investments through August 1, 2025, and DoubleLine Capital's ongoing expansion of its mutual fund lineup amid assets under management exceeding $140 billion firm-wide.