DoubleLine Low Duration Emerging Markets Fixed Income Fund Class N (DELNX)
DoubleLine Low Duration Emerging Markets Fixed Income Fund Class N operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Tampa, FL, US. The stock last traded at $9.56, up 0.00% on the session, giving a market capitalisation of $122.1M. On trailing twelve-month figures it carries a trailing P/E of -16.20, a net margin of -58.9%. Its beta of 0.32 implies it has historically moved less than the broad market.
The fund's primary objective is to generate robust long-term total returns. It generally allocates its capital predominantly to debt instruments issued by a diverse range of emerging market entities: national governments, government-affiliated bodies, and independent private companies. Specifically, sovereign issuers are defined as the governments of emerging market countries. Quasi-sovereign issuers, on the other hand, encompass governmental entities, agencies, or any enterprises whose obligations are fully or partially owned or guaranteed by an emerging market government or its associated bodies.
DoubleLine Low Duration Emerging Markets Fixed Income Fund Class N is most often compared with the following Financial Services names: