Morningstar Report 5-28-16
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Rating and Risk
DoubleLine Core Fixed Income I  DBLFX
 Morningstar Rating (Relative to Category)04-30-16 
 Morningstar ReturnMorningstar RiskMorningstar RatingTM
3-YearAbove AverageAverage4 stars
5-YearHighAverage5 stars
OverallHighAverage5 stars
Morningstar Category: Intermediate-Term BondClick here to see our Methodology
 Volatility Measurements Trailing 3-Yr through 04-30-16 | *Trailing 5-Yr through 04-30-16 
Standard Deviation3.08 Sharpe Ratio0.81
Mean2.57 Bear Market Decile Rank*6
 Modern Portfolio Theory StatisticsTrailing 3-Yr through 04-30-16 
 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 $10,00004-30-16 
Fund: DoubleLine Core Fixed Income ICategory: Intermediate-Term BondIndex: Barclays US Agg Bond TR USD
 Performance History04-30-16 
Total Return %------11.58.2-
+/- Index------
+/- Category------8.1-3.6-
% Rank in Category------1313581843
Fund Category------MUMUMUMUMUCI
See fund category codes
 Trailing Total Returnsthrough 05-27-16 
 Total Return %+/- Barclays US Agg Bond TR USD+/- Barclays US Govt/Credit 5-10 Yr TR USD% Rank in Cat
3-Year Annualized2.760.11-0.22---
5-Year Annualized4.721.370.19---
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 *------131552647
 Investor Returns vs Total Returnsthrough 04-30-16 
 Investor Return %Total Return %Investor Return
% Rank in Category
3-Year Annualized1.602.5522
5-Year Annualized2.815.0031
10-Yr Annualized---------
*Data refers to Investor Returns
Tax Analysis
DoubleLine Core Fixed Income I  DBLFX
 Tax Analysis04-30-16 
 3-Yr Avg %5-Yr Avg %10-Yr Avg %
Pretax Return2.555.00---
Tax-adjusted Return0.823.25---
% Rank in Category323---
Tax Cost Ratio1.691.66---
Potential Cap Gains Exposure %-0.8
Sec Filing
DoubleLine Core Fixed Income I  DBLFX
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)
 Asset Allocation04-30-16 
 % Long% Short% Net Assets
Cash10.90.0 10.9
Stocks0.00.0 0.0
Bonds86.40.0 86.4
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 04-30-16 
 % 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 Quotes04-30-16 
Number of Bond Holdings (Long)931 Annual Turnover %31
Number of Stock Holdings (Long)0 Yield %3.33
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 04-30-16
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.
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
Total Cost ProjectionsCost per $10,000
3-Year $160
5-Year $280
10-Year $628
Actual Fees %
12b-1 0.00
Net Expense Ratio: Annual Report 0.46
(As of 03-31-15)
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

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.