DDLDX

About DDLDX

DoubleLine Low Duration Bond Fund Class R6 is an actively managed open‑end mutual fund focused on generating current income while maintaining a short interest‑rate profile. The strategy centers on **low duration** exposure—around the one‑to‑two‑year range—to help reduce sensitivity to rate movements, targeting a measured balance between income and capital stability. The portfolio invests primarily across **fixed income** sectors, including U.S. government and agency mortgage‑backed securities, non‑agency residential and commercial mortgage‑backed securities, corporate credit, and other securitized assets, with allocations guided by relative value and macroeconomic views. Management employs a multi‑step process that blends **top‑down** sector allocation and duration targets with **bottom‑up** security selection, incorporating scenario analysis and credit underwriting to manage risk and enhance risk‑adjusted returns. As a short‑term bond fund, it emphasizes liquidity and diversification, holding a broad basket of securities and monitoring credit quality across ratings spectra. The fund’s role in the market is to provide a core low‑duration fixed income sleeve for investors seeking consistent income with moderated interest‑rate volatility relative to intermediate‑ or long‑duration bond strategies.