DoubleLine Low Duration Bond Fund Class I (DBLSX)
DoubleLine Low Duration Bond Fund Class I operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Tampa, FL, US. The stock last traded at $9.58, up 0.00% on the session, giving a market capitalisation of $7.33B. Its beta of 0.19 implies it has historically moved less than the broad market.
Typically, the fund's manager aims to predominantly allocate capital to debt instruments and other income-generating assets. These holdings will generally be of investment-grade quality or unrated securities that the Adviser deems to possess comparable creditworthiness. A minimum of 80% of the fund's net assets (including any assets acquired through borrowing for investment purposes) will be committed to bonds. Nevertheless, the fund reserves the right to allocate as much as 50% of its overall assets to income-generating instruments that are considered sub-investment grade or unrated securities that the Adviser judges to be of similar credit standing.
DoubleLine Low Duration Bond Fund Class I is most often compared with the following Financial Services names: