DoubleLine Total Return Bond manager Jeffrey Gundlach's experience and strong record are clear strengths. Balancing that, however, DoubleLine has denied requests for access to investment personnel and information on the strategy. Under our new methodology, the strategy's institutional and R6 share classes earn a Morningstar Analyst Rating of Bronze; its more-expensive no-load share class earns a Neutral.
DoubleLine Total Return Bond I DBLTX
NAV / 1-Day Return
10.56
/
0.00
Total Assets
49.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.490%
Expense Ratio
0.490%
Fee Level
Average
Longest Manager Tenure
11.21
years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
100,000
Status
Open
TTM Yield
3.27%
Effective Duration
4.33
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will DBLTX 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 DBLTX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DBLTX 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 DBLTX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The team remains strong following a recent manager departure.
