DoubleLine Core Fixed Income Fund (DLFNX)
DoubleLine Core Fixed Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $9.06, up 0.11% on the session, giving a market capitalisation of $6.91B. Its beta of 0.97 implies it has historically moved less than the broad market.
The advisor intends to invest at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in fixed income instruments. The fund may invest up to 331/3% of its net assets in junk bonds, bank loans and assignments rated below investment grade or unrated but determined by the adviser to be of comparable quality, and credit default swaps of companies in the high yield universe. It may invest up to 5% of its net assets in defaulted corporate securities.
DoubleLine Core Fixed Income Fund is most often compared with the following Financial Services names: