Top Performing DoubleLine Funds
DoubleLine capital was founded by Jeffrey Gundlach, Philip Barach and 14 other members. Jeff Gundlach was formerly co-manager of the $12 Billion TCW Total Return bond fund along with Philip Barach. He is a well-known bond guru.DoubleLine provide several investment funds for investing such as closed end funds, mutual funds, and private funds.
We review rankings from Morningstar, Lipper, Zacks, TheStreet.com, U.S. News, and Standard & Poor’s. You can learn from our methodology from variety of our previous articles.
You can find these best DoubleLine funds for different bond sectors such as emerging markets bond, total return bond, low duration bond, etc. Depend on your risk tolerance; you may pick and choose from this top funds list. Typically, these DoubleLine funds have no sales load.
Best DoubleLine mutual funds 2015 & 2016 are:
- DoubleLine Total Return Bond Fund (DLTNX) 4.98%
- DoubleLine Core Fixed Income Fund (DLFNX) 4.59%
- DoubleLine Emerging Markets Fixed Income Fund (DLENX) 6.74%
- DoubleLine Low Duration Bond Fund (DLSNX) 2.20%
DoubleLine Total Return Bond Fund
This DoubleLine Total Return Bond Fund uses its assets to purchase bonds, debt securities, and other fixed income instruments issued by governmental or private-sector entities. The fund managers are Jeffrey Gundlach and Philip Barach. The current yield is 4.22%. Its expense fee is 0.73% per year. The portfolio turnover rate is 14%.Morningstar has ranked this bond fund with 5 star rating. In 2014, the total return is 6.47%. This DoubleLine fund has returned 4.36% over the past 3 year, and 8.17% over the past 5 year.
Top 3 bond sectors are Agency MBS Pass-Through, Non-Agency Residential MBS, and Agency MBS CMO. The average effective duration is 2.97 years. The average credit quality is BB.
DoubleLine Emerging Markets Fixed Income Fund
This DoubleLine Emerging Markets Fixed Income Fund is managed by Luz M. Padilla. It has a high yield of 5.21%. The total net assets are $794 million. Its expense fee is 1.17%. This bond fund can be purchase with initial funding of $2,000 from your brokerage.The fund performance for the past 4 years is as follows:
- Year 2015: 0.27% (YTD)
- Year 2014: 6.33%
- Year 2013:-2.77%
- Year 2012: 13.50%
- Year 2011: 4.26%
- DoubleLine Flexible Income Fund
- DoubleLine Floating Rate Fund
- DoubleLine Long Duration Total Return Bond Fund
- DoubleLine Low Duration Emerging Markets Fund
- DoubleLine Multi-Asset Growth Fund
- DoubleLine Shiller Enhanced CAPE Fund
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