DoubleLine Ultra Short Bond Fund - Class N (DLUSX)
DoubleLine Ultra Short Bond Fund - Class N operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Tampa, FL, US. The stock last traded at $9.92, down 0.00% on the session, giving a market capitalisation of $6.6M. Its beta of 0.10 implies it has historically moved less than the broad market.
The fund aims to generate a consistent stream of current income while keeping price fluctuations to a minimum. It achieves this primarily by allocating its investments to high-quality, U.S. dollar-denominated debt instruments. These include, but are not limited to, obligations from banks, commercial paper, asset-backed commercial paper, and repurchase agreements. The fund's adviser is committed to investing exclusively in income-producing securities that are either rated investment grade or, if unrated, are judged by the adviser to have comparable credit quality. A core policy dictates that at least 80% of the fund's net assets will be invested in bonds and other debt securities.
DoubleLine Ultra Short Bond Fund - Class N is most often compared with the following Financial Services names: