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Morningstar

DoubleLine Floating Rate N DLFRX

Morningstar Medalist Rating
Medalist Rating as of | See DoubleLine Investment Hub
  • NAV / 1-Day Return 9.09  /  +0.11 %
  • Total Assets 178.5 Mil
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.930%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 8.09%
  • Effective Duration 0.15 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:12 AM GMT+0

Morningstar’s Analysis DLFRX

Will DLFRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DLFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DLFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DLFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

DoubleLine Floating Rate N's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DLFRX

More DLFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley Instl Lqudty Govt Instl

3.33 5.9 Mil
Cash and Equivalents

JPMorgan US Government MMkt IM

3.33 5.9 Mil
Cash and Equivalents

First American Government Obligs U

3.33 5.9 Mil
Cash and Equivalents

American Express Company 6.34%

1.13 2.0 Mil
Corporate

The Charles Schwab Corporation 6.4%

1.13 2.0 Mil
Corporate

KATAYMA CLO LTD 7.32%

1.13 2.0 Mil
Securitized

Transdigm T/L (2/23)

1.01 1.8 Mil
Corporate

Fertitta Entertainment T/L (Golden Nugget / Landrys)

0.94 1.7 Mil
Corporate

Parexel International T/L (08/21)

0.85 1.5 Mil
Corporate

Mozart Debt Merger (Medline Industries) T/L B

0.79 1.4 Mil
Corporate