Morningstar Report 9-30-16
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Rating and Risk
DoubleLine Core Fixed Income I  DBLFX
 Morningstar Rating (Relative to Category)08-31-16 
 Morningstar ReturnMorningstar RiskMorningstar RatingTM
3-YearHighAverage5 stars
5-YearHighAverage5 stars
OverallHighAverage5 stars
Morningstar Category: Intermediate-Term BondClick here to see our Methodology
 Volatility Measurements Trailing 3-Yr through 09-30-16 | *Trailing 5-Yr through 09-30-16 
Standard Deviation2.52 Sharpe Ratio---
Mean4.84 Bear Market Decile Rank*---
 Modern Portfolio Theory StatisticsTrailing 3-Yr through 09-30-16 
 Standard Index
Barclays US Agg Bond TR USD
Best Fit Index
Barclays US Credit TR USD
Total Returns
DoubleLine Core Fixed Income I  DBLFX
 Growth of $10,00009-30-16 
Fund: DoubleLine Core Fixed Income ICategory: Intermediate-Term BondIndex: Barclays US Agg Bond TR USD
 Performance History09-30-16 
Total Return %------11.58.2-
+/- Index------
+/- Category------8.1-3.6-
% Rank in Category------13135818---
Fund Category------MUMUMUMUMUCI
See fund category codes
 Trailing Total Returnsthrough 09-30-16 
 Total Return %+/- Barclays US Agg Bond TR USD+/- Barclays US Govt/Credit 5-10 Yr TR USD% Rank in Cat
3-Year Annualized4.910.81-0.19---
5-Year Annualized4.521.360.34---
10-Yr Annualized------------
 Historical Quarterly Returns 
Investor Returns
DoubleLine Core Fixed Income I  DBLFX
What are Investor Returns?
Morningstar investor returns (also known as dollar-weighted returns) measure how the typical investor in a fund fared over various time periods, incorporating the impact of cash inflows and outflows from all investors' purchases and sales. If investors bought a fund after it had posted big gains and sold at a low ebb, investor returns will be lower than the fund's total returns. If investors bought and sold at more opportune times, however, investor returns will be higher than the fund's total returns. (For more details, please click here.)
 Performance History
Investor Return %------8.86.6-2.55.2-0.8
Total Return %------11.58.2-
+/- Category *------7.0-3.6-
% Rank in Category *------131562647
 Investor Returns vs Total Returnsthrough 09-30-16 
 Investor Return %Total Return %Investor Return
% Rank in Category
3-Year Annualized3.854.91---
5-Year Annualized3.464.52---
10-Yr Annualized---------
*Data refers to Investor Returns
Tax Analysis
DoubleLine Core Fixed Income I  DBLFX
 Tax Analysis09-30-16 
 3-Yr Avg %5-Yr Avg %10-Yr Avg %
Pretax Return4.914.52---
Tax-adjusted Return3.222.82---
% Rank in Category1015---
Tax Cost Ratio1.611.63---
Potential Cap Gains Exposure %1.5
Sec Filing
DoubleLine Core Fixed Income I  DBLFX
DoubleLine Core Fixed Income I  DBLFX
 Style Box Details06-30-16  
Average Eff Duration4.67 Yrs
Average Eff Maturity6.90 Yrs
Average Credit QualityBBB
Investment Style History (as of 12-31)
 Asset Allocation08-31-16 
 % Long% Short% Net Assets
Foreign Stocks0.00.00.0
(as a % of assets)
 Bond Quality06-30-16  
% of Bond % of Bond
AAA54.7 BB5.0
AA4.6 B3.3
A12.0 Below B3.2
BBB14.1 Not Rated3.3
 Sector Weightings 08-31-16 
 % of BondsRel to Cat Avg
US Government
US Treasuries------
US Agency------
Mortgage Pass-Thru------
Mortgage CMO------
Mortgage ARM------
US Corporate------
Corporate Inflation-Protected--- 0.00
Foreign Corp------
Foreign Govt------
DoubleLine Core Fixed Income I  DBLFX
 Top 25 Holdings    Get Price Quotes08-31-16 
Number of Bond Holdings (Long)992 Annual Turnover %70
Number of Stock Holdings (Long)0 Yield %2.97
Number of Stock Holdings (Short)--- % Assets in Top 10 Holdings16.72
Number of Bond Holdings (Short)---
Top 25 HoldingsMaturity DateAmount 000Value $000% Net Assets
US Treasury Note 2.25%03/31/202189,60092,3512.11
US Treasury Note 2.375%12/31/202081,10084,2681.93
US Treasury Note 2%08/31/202183,10084,1971.93
US Treasury Note 1.75%02/28/202278,30077,7371.78
Morgan Stanley Inst Liquidity Gov Inst---69,07069,0701.58
BlackRock Liquidity FedFund Instl---69,07069,0701.58
Fidelity® Instl MM Fds Government I---69,07069,0701.58
US Treasury Note 2.75%11/15/202364,90068,6421.57
FHLMC 3%01/01/204557,82158,5121.34
DoubleLine Floating Rate I---5,68657,7721.32
US Treasury Note 1.75%10/31/202052,80053,1881.22
FHLMC CMO 3%02/15/204450,00051,4531.18
DoubleLine Long Duration Total Ret Bd I---5,00050,3001.15
FNMA 3%03/01/204539,74940,3020.92
US Treasury Bond 2.75%11/15/204240,70039,4950.90
FNMA 3.5%01/01/204536,38137,4480.86
Securitized Mtg Asset Ln Tr 2015-1 144A02/25/205452,60837,4410.86
FHLMC CMO 3%12/15/204135,00035,9630.82
Csmc Tr 2015-Rpl3 FRN12/26/205635,00034,9230.80
Impac Secd Assets Tr 2006-5 CMO02/25/203737,81529,4360.67
FHLMC CMO 3%06/15/203926,66527,8190.64
FHLMC CMO 3%02/15/203426,54427,6820.63
FNMA CMO 3%02/25/204329,31727,4610.63
Csmc Tr 2013-Ivr4 CMO07/25/204326,65127,4020.63
US Treasury Bond 3.625%02/15/204423,00026,3350.60
Portfolio Holdings as of 08-31-16
Top 25 holdings account for the fund's short positions (if any), which appear shaded.
DoubleLine Core Fixed Income I  DBLFX
Manager NameJeffrey E. Gundlach
Manager Start Date06-01-10
Jeffrey Gundlach is the Chief Executive Officer of DoubleLine. He is recognized as an expert in bonds and other debt-related investments. Mr. Gundlach appeared on the cover of Barron's as "The New Bond King" in 2011 and was named "Money Manager of the Year" by Institutional Investor in 2013. Bloomberg Markets magazine named him one of the "50 Most Influential" twice in 2012 & 2015. Mr. Gundlach is a graduate of Dartmouth College, summa cum laude, with degrees in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.
Manager NameJeffrey J. Sherman
Manager Start Date09-08-16
Mr. Sherman has been a Portfolio Manager of DoubleLine Capital since September 2010. For the five-year period prior to joining DoubleLine Capital, Mr. Sherman was a Senior Vice President at TCW. Mr. Sherman joined TCW in 2001 as a Quantitative Analyst focusing on fixed income analytics. He later joined the Multi-Strategy Fixed Income group in 2005. Prior to TCW, he was a statistics and mathematics instructor at both the University of the Pacific and Florida State University. Mr. Sherman holds a BS in Applied Mathematics from the University of the Pacific and a MS in Financial Engineering from the Claremont Graduate University. He is a CFA charterholder.
Fund Inception06-01-10
Fund Advisor(s)
DoubleLine Capital LP
Fund Subadvisor(s)
Fees & Expenses
DoubleLine Core Fixed Income I  DBLFX
 Fees and Expenses07-29-16 
Maximum Sales Fees %
Initial None
Deferred None
Redemption Fees % None
Maximum Fees %
Administrative 0.00
Total Cost ProjectionsCost per $10,000
3-Year $154
5-Year $269
10-Year $604
Actual Fees %
12b-1 0.00
Net Expense Ratio: Annual Report 0.46
(As of 03-31-16)
Net Expense Ratio: Prospectus 0.48
Expense Waivers:
Purchase Info
DoubleLine Core Fixed Income I  DBLFX
 Purchase Information  
Minimum InvestmentsBrokerage Availability
Initial $100000
Additional $100
Initial IRA $5000
Additional IRA $100
Initial AIP $100000
Additional AIP $100

Doubleline Funds Trust
333 South Grand Avenue, Suite 1800
Los Angeles,  CA  90071


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Analyst Report Archive
DoubleLine Core Fixed Income I  DBLFX
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Italics indicate Extended Performance. Extended performance is an estimate based on the performance of the fund's oldest share class, adjusted for fees.