DoubleLine Strategic Commodity Fund - Class N
DLCMX
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
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in mil. unless spec.Quarterly Revenue
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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
- Address
- 2002 N. Tampa St., Tampa FL United States of America 33602
- IPO Date
- May 18, 2015
- CIK
- 0001480207
- Website
- doubleline.com
- Similar Companies
- Business
- DoubleLine Strategic Commodity Fund - Class N (DLCMX) is an actively managed open-end mutual fund that seeks long-term total returns through strategic long and short exposures to a diversified basket of commodity-related investments. The fund gains such exposure primarily through derivatives contracts, securities, and other instruments, including investments in commodity-related entities like DoubleLine Strategic Commodity Ltd; it employs investment leverage to achieve exposures up to the value of the fund's total assets and maintains significant allocations to cash equivalents and U.S. Treasury bills. Available to investors in the United States with a minimum initial investment of $2,000, the fund features a net expense ratio of 1.36% and daily pricing. Launched on May 18, 2015, by DoubleLine Funds Trust and managed by DoubleLine Capital LP—a Los Angeles-headquartered investment management firm founded in 2009 with additional offices in Tampa, Florida—the fund targets the commodities broad basket category. Portfolio management is led by Jeffrey Sherman (since inception), Jeffrey Mayberry (since July 2018), and Eric Dhall (since December 2024). As of recent data, total net assets stand at approximately $77.33 million, with the Class N share class at $5.14 million. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to the fund have been reported in the last 1-2 years; however, DoubleLine Capital LP itself was acquired by Anvia Holdings and Oaktree Capital Management, potentially influencing broader firm-level operations. The fund continues to focus on its core absolute return strategy amid ongoing commodity market dynamics, with year-to-date performance of 4.49% as of December 2025. Recent portfolio holdings reflect high liquidity, with over 98% concentrated in top positions dominated by government securities and cash equivalents.