DoubleLine Core Plus Bond Fund  (ADLIX)

Fund Overview

Fund Overview

Share Class

I

NAV | as of 11/20/2019

$10.73
+$0.01 (+0.09%)

Morningstar | Style Box

L M E H M L

Overall Morningstar Rating



Rated against 539  funds as of 10/31/2019

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Growth of $10,000 (Hypothetical)

Since Inception 07/18/2011 to 10/31/2019 = $14,576.94

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Objective

The Fund seeks to maximize total return.

Why Consider

  • May serve as a one stop shop for investors seeking a fully diversified fixed income portfolio that extends beyond core bond sectors including emerging markets and high yield
  • Employs a team based approach for top-down sector allocation which incorporates sector fundamentals, relative valuations and interest rate scenario analysis
  • Selects securities based on a bottom-up fundamental analysis conducted by specialized teams with deep experience in their respective sectors

Documents

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Fund Managers

Jeffrey E. Gundlach

Founder and Chief Executive Officer

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Philip A. Barach

President

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Robert Cohen, CFA

Portfolio Manager

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Luz M. Padilla

Portfolio Manager

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Performance

Performance

Read Important Investment Disclosures

Returns

 

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

Expense Ratios

  • Gross Expense Ratio: 0.79%
  • Net Expense Ratio: 0.72%
  • Expense Cap Expiration Date: 03/01/2020

Distributions & Pricing


    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Oct 29, 2019 $0.035100 $0.035100
      Sep 26, 2019 $0.029800 $0.029800
      Aug 28, 2019 $0.029800 $0.029800
      Jul 29, 2019 $0.032800 $0.032800
      Jun 26, 2019 $0.032100 $0.032100
      May 29, 2019 $0.030600 $0.030600
      Apr 26, 2019 $0.031800 $0.031800
      Mar 27, 2019 $0.034000 $0.034000
      Feb 26, 2019 $0.026400 $0.026400
      Jan 29, 2019 $0.028800 $0.028800
      Dec 27, 2018 $0.043000 $0.043000
      Nov 28, 2018 $0.034300 $0.034300
      Oct 29, 2018 $0.028300 $0.028300
      Sep 26, 2018 $0.034300 $0.034300
      Aug 29, 2018 $0.035000 $0.035000
      Jul 27, 2018 $0.034300 $0.034300
      Jun 27, 2018 $0.026900 $0.026900
      May 29, 2018 $0.026800 $0.026800
      Apr 26, 2018 $0.025500 $0.025500
      Mar 27, 2018 $0.026300 $0.026300
      Feb 26, 2018 $0.024900 $0.024900
      Jan 29, 2018 $0.024300 $0.024300
      Dec 27, 2017 $0.023700 $0.023700
      Nov 27, 2017 $0.026300 $0.026300
      Oct 26, 2017 $0.026900 $0.026900
      Sep 26, 2017 $0.026900 $0.026900
      Aug 28, 2017 $0.029400 $0.029400
      Jul 26, 2017 $0.024400 $0.024400
      Jun 27, 2017 $0.034600 $0.034600
      May 25, 2017 $0.034300 $0.034300
      Apr 25, 2017 $0.034300 $0.034300
      Mar 28, 2017 $0.029300 $0.029300
      Feb 23, 2017 $0.026700 $0.026700
      Jan 26, 2017 $0.027300 $0.027300
      Dec 27, 2016 $0.075800 $0.055000 $0.020800
      Nov 25, 2016 $0.027300 $0.027300
      Oct 26, 2016 $0.027600 $0.027600
      Sep 30, 2016 $0.028200 $0.028200
      Aug 31, 2016 $0.031200 $0.031200
      Jul 29, 2016 $0.027100 $0.027100
      Jun 30, 2016 $0.028600 $0.028600
      May 31, 2016 $0.028900 $0.028900
      Apr 29, 2016 $0.025600 $0.025600
      Mar 31, 2016 $0.028400 $0.028400
      Feb 29, 2016 $0.025400 $0.025400
      Jan 29, 2016 $0.020500 $0.020500
      Dec 30, 2015 $0.034200 $0.034200
      Nov 30, 2015 $0.033100 $0.033100
      Oct 30, 2015 $0.028900 $0.028900
      Sep 30, 2015 $0.030200 $0.030200
      Aug 31, 2015 $0.034000 $0.034000
      Jul 31, 2015 $0.035400 $0.035400
      Jun 30, 2015 $0.038000 $0.038000
      May 29, 2015 $0.033200 $0.033200
      Apr 30, 2015 $0.034300 $0.034300
      Mar 31, 2015 $0.033100 $0.033100
      Feb 27, 2015 $0.035200 $0.035200
      Jan 30, 2015 $0.034500 $0.034500
      Dec 30, 2014 $0.036000 $0.036000
      Nov 28, 2014 $0.025700 $0.025700
      Oct 31, 2014 $0.027000 $0.027000
      Sep 30, 2014 $0.038000 $0.038000
      Aug 29, 2014 $0.032600 $0.032600
      Jul 31, 2014 $0.039800 $0.039800
      Jun 30, 2014 $0.042100 $0.042100
      May 30, 2014 $0.037700 $0.037700
      Apr 30, 2014 $0.039700 $0.039700
      Mar 31, 2014 $0.039400 $0.039400
      Feb 28, 2014 $0.033200 $0.033200
      Jan 31, 2014 $0.037600 $0.037600
      Dec 30, 2013 $0.039400 $0.039400
      Nov 29, 2013 $0.032900 $0.032900
      Oct 31, 2013 $0.035300 $0.035300
      Sep 30, 2013 $0.037500 $0.037500
      Aug 30, 2013 $0.033200 $0.033200
      Jul 31, 2013 $0.035900 $0.035900
      Jun 28, 2013 $0.028300 $0.028300
      May 31, 2013 $0.031000 $0.031000
      Apr 30, 2013 $0.033300 $0.033300
      Mar 28, 2013 $0.027300 $0.027300
      Feb 28, 2013 $0.028200 $0.028200
      Jan 31, 2013 $0.027300 $0.027300
      Dec 28, 2012 $0.090200 $0.030100 $0.058800 $0.001300
      Nov 30, 2012 $0.039200 $0.039200
      Oct 31, 2012 $0.034300 $0.034300
      Sep 28, 2012 $0.028000 $0.028000
      Aug 31, 2012 $0.030500 $0.030500
      Jul 31, 2012 $0.028200 $0.028200
      Jun 29, 2012 $0.026900 $0.026900
      May 31, 2012 $0.033700 $0.033700
      Apr 30, 2012 $0.034300 $0.034300
      Mar 30, 2012 $0.029800 $0.029800
      Feb 29, 2012 $0.030600 $0.030600
      Jan 31, 2012 $0.031800 $0.031800
      Dec 29, 2011 $0.068000 $0.052700 $0.015300
      Nov 30, 2011 $0.040900 $0.040900
      Oct 31, 2011 $0.038300 $0.038300
      Sep 30, 2011 $0.029800 $0.029800
      Aug 31, 2011 $0.024600 $0.024600
      Jul 29, 2011 $0.005000 $0.005000

Risk & Return Stats

As of: 10/31/2019

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Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Fixed)

As of: 09/30/2019

DoubleLine Global Bond Fund 4.38%
United States Treasury Note/Bond Fixed 1.42%
Fannie Mae Pool BC0281 Fixed 1.23%
United States Treasury Note/Bond Fixed 1.21%
United States Treasury Bill Zero Coupon 1.19%
United States Treasury Note/Bond Fixed 1.07%
United States Treasury Note/Bond Fixed 1.04%
United States Treasury Note/Bond Fixed 1.03%
Fannie Mae REMICS Fixed 1.02%
Fannie Mae REMICS Fixed 0.92%
% in Top 10 Holdings 14.51%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Fixed)

As of: 09/30/2019

Investment Approach

Investment Approach

DoubleLine Core Plus Bond Fund

DoubleLine believes investors should be compensated for any incremental increase in risk. The Fund's investment approach combines a top-down sector allocation with bottom-up security selection. Sector allocation is based on input from all senior portfolio managers from each asset class. Security selection is driven by bottom-up credit analysis with support from scenario analysis for various market environments.

Additional Fund Highlight

Fully diversified, offering exposure to non-core bond areas such as emerging markets, municipals and high yield.


An Active Fixed Income Fund for an Uncertain Rate Environment

 
Help navigate an uncertain rate environment with active bond management. A manager who understands the variability in asset classes can be highly selective about which companies and countries to invest in to help drive performance for investors.
Read Full Perspective More About DoubleLine Capital

About

About DoubleLine Capital

Background

DoubleLine Capital blends active management of asset class exposure with bottom-up security selection to construct portfolios with efficient risk-adjusted returns.

Learn More

Founded

2009


Headquarters

Los Angeles, CA


AUM

$140B

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