DoubleLine Strategic Commodity Fund - Class N (DLCMX)
DoubleLine Strategic Commodity Fund - Class N operates in the Asset Management industry of the Financial Services sector, headquartered in Tampa, FL, US. The stock last traded at $10.28, down 0.96% on the session, giving a market capitalisation of $88.9M. Its beta of 0.73 implies it has historically moved less than the broad market.
The DoubleLine Strategic Commodity Fund - Class N (DLCMX) aims to generate long-term total returns. It pursues this objective by strategically investing in commodity-related assets, employing both 'long' (profiting from price increases) and 'short' (profiting from price decreases) positions. The fund's management primarily gains exposure to these commodity markets through various financial instruments, including derivatives contracts and securities. To amplify its overall commodity exposure, the Advisor utilizes investment leverage. Under typical market conditions, the fund anticipates maintaining commodity exposure equivalent to up to 100% of its total asset value.
DoubleLine Strategic Commodity Fund - Class N is most often compared with the following Financial Services names: