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Why We're Moving DoubleLine Total Return Bond Fund's Rating to Neutral

A talented manager, but we still have questions about the fund’s process and firm stewardship.

Jeffrey Ptak, CFA, Sarah Bush

Jul 11, 2016

Mentioned: TCW Total Return Bond I (TGLMX) , DoubleLine Total Return Bond I (DBLTX) , Doubleline Opportunistic Credit (DBL)

In our analysis published today, we assigned DoubleLine Total Return Bond (DBLTX) a Morningstar Analyst Rating of Neutral. The following Q&A explains the rationale supporting the Neutral rating and key questions we would seek to satisfactorily answer in order to recommend the strategy.

Q: Why is DoubleLine Total Return Bond rated Neutral, and what does that mean?

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Jeffrey Ptak does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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