DLFRX : DoubleLine Floating Rate Fund Class N Shares

DLFRX is a Bond Market High Yield Bond with HIGH fees.

DLFRX

DoubleLine Floating Rate Fund Class N Shares

FI Score

27 /100

Expense Ratio Rating

5 /10

Expense Rating

1 /10

Market Score

4 /10

Category Score

0 /10

Market Size

4 /10

27% FI Score
  • dlfrx
  • Mutual Fund
  • Bond
  • High Yield Bond

DoubleLine Floating Rate Fund Class N Shares

Expenses: 0.95% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks a high level of current income. The fund normally will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in floating rate loans and other floating rate investments. The adviser expects that many or all of the fund's investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers (including issuers involved in bankruptcy proceedings, reorganizations, financial restructurings, or otherwise experiencing financial hardship).

Largest Holdings

Amount Holding
1.50% Bausch Health Companies Inc 6.5%
1.24% Level 3 Financing, Inc. 5.38%
1.07% AVANTOR INC 9%
0.82% SOPHIA / ELLUCIAN T/L B
0.80% PODS T/L B (5/18)
0.80% GENESYS TELECOMMUNICATIONS LABORATORIES T/L B-3 (GREENEDEN)
0.79% Gobp Holdings T/L (Grocery Outlet)
0.79% UFC Holdings T/L
0.79% Refinitiv US Holdings Inc 6.25%
0.78% CALPINE CORPORATION T/L B9
0.77% PROJECT ALPHA (QLIK) T/L
0.75% SOUND INPATIENT PHYSICIANS T/L
0.75% Nexstar Broadcasting T/L (6/19)
0.74% KRONOS T/L B
0.74% Jbs Usa T/L B
0.72% ASCEND LEARNING T/L (ALPINE FINANCE)
0.71% INTELSAT JACKSON T/L B
0.69% SEVERIN ACQUISITION T/L (6/18)
0.69% Sotera Health Holdings T/L
0.68% TEMPO ACQUISITION T/L B
0.68% Dun & Bradstreet T/L (Star Merger)
0.68% Ew Scripps T/L B1 (12/19)
0.67% SOLERA T/L B
0.66% Allied Universal Holdco T/L B
0.66% Avatar Purchaser T/L (Eab / Advisory Board)

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