Doubleline Emerging Markets Fund Quote
| DLENX Fund | USD 8.80 0.01 0.11% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Doubleline Emerging is trading at 8.80 as of the 23rd of April 2024; that is 0.11% increase since the beginning of the trading day. The fund's open price was 8.79. Doubleline Emerging has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Doubleline Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The advisor intends to invest at least 80 percent of the funds net assets in fixed income instruments. The fund will generally invest in at least four emerging market countries. It may invest in hybrid securities relating to emerging market countries. More on Doubleline Emerging Markets
Moving together with Doubleline Mutual Fund
| 0.91 | DLSNX | Doubleline Low Duration | PairCorr |
| 0.87 | DBFRX | Doubleline Floating Rate | PairCorr |
| 1.0 | DBLEX | Doubleline Emerging | PairCorr |
Doubleline Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Doubleline Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Doubleline Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | DoubleLine Funds, Large Funds, Emerging Markets Bond Funds, Emerging Markets Bond, DoubleLine, Large, Emerging Markets Bond (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of July 2022 |
| Fiscal Year End | March |
Doubleline Emerging Markets [DLENX] is traded in USA and was established 23rd of April 2024. Doubleline Emerging is listed under DoubleLine category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of DoubleLine family. This fund currently has accumulated 526.85 M in assets under management (AUM) with no minimum investment requirementsDoubleline Emerging is currently producing year-to-date (YTD) return of 2.12% with the current yeild of 0.0%, while the total return for the last 3 years was -1.7%.
Check Doubleline Emerging Probability Of Bankruptcy
Instrument Allocation
Top Doubleline Emerging Markets Mutual Fund Constituents
| FGUXX | First American Funds | Money Market Fund | US Money Market Fund |
Doubleline Emerging Target Price Odds Analysis
Based on a normal probability distribution, the odds of Doubleline Emerging jumping above the current price in 90 days from now is about 54.66%. The Doubleline Emerging Markets probability density function shows the probability of Doubleline Emerging mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Doubleline Emerging has a beta of 0.1558 suggesting as returns on the market go up, Doubleline Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Doubleline Emerging Markets will be expected to be much smaller as well. Additionally, doubleline Emerging Markets has an alpha of 0.008, implying that it can generate a 0.007988 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Doubleline Emerging to move above the current price in 90 days from now is about 54.66 (This Doubleline Emerging Markets probability density function shows the probability of Doubleline Mutual Fund to fall within a particular range of prices over 90 days) .
Doubleline Emerging Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Doubleline Emerging market risk premium is the additional return an investor will receive from holding Doubleline Emerging long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Doubleline Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Doubleline Emerging's alpha and beta are two of the key measurements used to evaluate Doubleline Emerging's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.135 | |||
| Standard Deviation | 0.1854 | |||
| Variance | 0.0344 | |||
| Downside Variance | 0.066 |
Doubleline Emerging Against Markets
Picking the right benchmark for Doubleline Emerging mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Doubleline Emerging mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Doubleline Emerging is critical whether you are bullish or bearish towards Doubleline Emerging Markets at a given time. Please also check how Doubleline Emerging's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Doubleline Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Doubleline Mutual Fund?
Before investing in Doubleline Emerging, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Doubleline Emerging. To buy Doubleline Emerging fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Doubleline Emerging. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Doubleline Emerging fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Doubleline Emerging Markets fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Doubleline Emerging Markets fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Doubleline Emerging Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Doubleline Emerging Markets?
The danger of trading Doubleline Emerging Markets is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Doubleline Emerging is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Doubleline Emerging. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Doubleline Emerging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubleline Emerging Markets. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.