Morningstar Report 7-25-16
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Rating and Risk
DoubleLine Core Fixed Income I  DBLFX
 Morningstar Rating (Relative to Category)06-30-16 
 Morningstar ReturnMorningstar RiskMorningstar RatingTM
3-YearHighAverage5 stars
5-YearHighAverage5 stars
10-Year
OverallHighAverage5 stars
Morningstar Category: Intermediate-Term BondClick here to see our Methodology
 Volatility Measurements Trailing 3-Yr through 06-30-16 | *Trailing 5-Yr through 06-30-16 
Standard Deviation2.67 Sharpe Ratio1.64
Mean4.45 Bear Market Decile Rank*6
 Modern Portfolio Theory StatisticsTrailing 3-Yr through 06-30-16 
 Standard Index
Barclays US Agg Bond TR USD
Best Fit Index
Barclays US Credit TR USD
R-Squared8488
Beta0.920.68
Alpha0.740.86
Total Returns
DoubleLine Core Fixed Income I  DBLFX
 Growth of $10,00006-30-16 
Fund: DoubleLine Core Fixed Income ICategory: Intermediate-Term BondIndex: Barclays US Agg Bond TR USD
 
 Performance History06-30-16 
 200920102011201220132014201506-16
Total Return %------11.58.2-1.26.90.65.4
+/- Index------3.63.90.80.90.10.1
+/- Category------8.1-3.6-3.13.22.80.4
% Rank in Category------1313581829
Fund Category------MUMUMUMUMUCI
See fund category codes
         
 Trailing Total Returnsthrough 07-22-16 
 Total Return %+/- Barclays US Agg Bond TR USD+/- Barclays US Govt/Credit 5-10 Yr TR USD% Rank in Cat
1-Day0.000.010.06---
1-Week0.270.140.02---
1-Month1.340.260.15---
3-Month2.860.47-0.01---
Year-to-date5.870.39-1.10---
1-Year5.16-0.79-2.49---
3-Year Annualized4.410.47-0.37---
5-Year Annualized5.001.400.24---
10-Yr Annualized------------
     
 Historical Quarterly Returns 
Q1Q2Q3Q4
20162.652.68------
20151.96-0.830.37-0.84
20142.732.360.351.28
20130.46-2.350.030.68
20121.992.122.940.87
20112.232.634.351.80
2010------5.130.34
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
 2009201020112012201320142015
Investor Return %------8.86.6-2.55.2-0.8
Total Return %------11.58.2-1.26.90.6
+/- Category *------7.1-3.6-3.03.22.5
% Rank in Category *------131562647
        
 Investor Returns vs Total Returnsthrough 06-30-16 
 Investor Return %Total Return %Investor Return
% Rank in Category
1-Year4.744.8934
3-Year Annualized3.594.5115
5-Year Annualized3.485.1717
10-Yr Annualized---------
 
*Data refers to Investor Returns
Tax Analysis
DoubleLine Core Fixed Income I  DBLFX
 Tax Analysis06-30-16 
 3-Yr Avg %5-Yr Avg %10-Yr Avg %
Pretax Return4.515.17---
Tax-adjusted Return2.773.43---
% Rank in Category214---
Tax Cost Ratio1.671.65---
    
Potential Cap Gains Exposure %1.1
Sec Filing
DoubleLine Core Fixed Income I  DBLFX
Portfolio
DoubleLine Core Fixed Income I  DBLFX
 Style Box Details03-31-16  
Average Eff Duration4.77 Yrs
Average Eff Maturity7.00 Yrs
Average Credit QualityBBB
 
Investment Style History (as of 12-31)
2016
2015
2014
  
 
 
 Asset Allocation06-30-16 
 % Long% Short% Net Assets
Cash8.20.0 8.2
Stocks0.00.0 0.0
Bonds88.30.0 88.3
Other3.40.03.4
Foreign Stocks0.00.00.0
(as a % of assets)
 Bond Quality03-31-16  
% of Bond % of Bond
AAA55.3 BB5.5
AA4.2 B3.3
A11.2 Below B3.9
BBB13.6 Not Rated3.1
 Sector Weightings 06-30-16 
 % of BondsRel to Cat Avg
US Government
US Treasuries------
TIPS------
US Agency------
Mortgage
Mortgage Pass-Thru------
Mortgage CMO------
Mortgage ARM------
Credit
US Corporate------
Asset-Backed------
Convertible------
Municipal------
Corporate Inflation-Protected--- 0.00
Foreign
Foreign Corp------
Foreign Govt------
Cash------
Holdings
DoubleLine Core Fixed Income I  DBLFX
 Top 25 Holdings    Get Price Quotes06-30-16 
Number of Bond Holdings (Long)982 Annual Turnover %70
Number of Stock Holdings (Long)0 Yield %3.16
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 06-30-16
Top 25 holdings account for the fund's short positions (if any), which appear shaded.
Management
DoubleLine Core Fixed Income I  DBLFX
 Management
Manager NameJeffrey E. Gundlach
Manager Start Date06-01-10
Biography
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.
 
Fund Inception06-01-10
Fund Advisor(s)
DoubleLine Capital LP
Fund Subadvisor(s)
Fees & Expenses
DoubleLine Core Fixed Income I  DBLFX
 Fees and Expenses04-01-16 
Maximum Sales Fees %
Initial None
Deferred None
  
Redemption Fees % None
  
Maximum Fees %
Administrative 0.00
Management0.40
  
Total Cost ProjectionsCost per $10,000
3-Year $160
5-Year $280
10-Year $628
  
 
Actual Fees %
12b-1 0.00
Management0.40
Net Expense Ratio: Annual Report 0.46
(As of 03-31-16)
Net Expense Ratio: Prospectus 0.50
   
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
Address

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

877-354-6311
http://www.doublelinefunds.com

 
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Nationwide Retirement Resource
Pershing FundCenter
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Pershing Retirement Plan Network
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RBC Wealth Management-Network Eligible
RBC Wealth Management-Wrap Eligible
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Scottrade TF
Securities America Advisors
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Shareholders Services Group
Smith Barney Portfolio Manager
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TD Ameritrade Retail
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Thrivent – Advisory Eligible
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TIAA-CREF NTF
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Analyst Report Archive
DoubleLine Core Fixed Income I  DBLFX
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1. Performance
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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.