Fund info

DoubleLine Total Return Bond Fund Class N is an actively managed mutual fund focused on maximizing total return by investing primarily in fixed income securities. Its strategy centers on the active management of interest rate and credit risks, with a significant allocation to residential and commercial mortgage-backed securities, as well as U.S. Treasury obligations. The fund typically invests at least 80% of its assets in bonds, with a preference for high-quality instruments rated Aa3/AA- or higher, or comparable unrated securities. Managed by DoubleLine’s experienced portfolio team, the fund employs both top-down macroeconomic outlooks and bottom-up security selection to navigate various market environments. Its portfolio maintains an intermediate duration, balancing yield and risk, and pays monthly distributions. As part of the intermediate core-plus bond category, the fund serves as a core fixed income holding, providing exposure to both government-backed and structured fixed income sectors. With substantial assets under management, DoubleLine Total Return Bond Fund Class N plays a significant role in the broader bond market, catering to investors seeking diversification and income within the fixed income space.