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DBLTX

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1d
1w
1m

Analysis and statistics

  • Open
    8.912$
  • Previous Close
    8.912$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

DBLTX.US represents the DoubleLine Total Return Bond Fund, a mutual fund managed by DoubleLine Capital. This fund seeks to maximize total return by investing primarily in a diversified portfolio of fixed-income securities of varying maturities. It typically invests significantly in mortgage-backed securities, but also includes other government, corporate, and asset-backed securities. The fund's objective is to outperform its benchmark, the Bloomberg Barclays US Aggregate Bond Index, over the long term while maintaining a focus on risk management.
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Factors

Interest Rates: Rising interest rates generally decrease bond prices, as newly issued bonds offer higher yields, making older, lower-yielding bonds (like those DBLTX holds) less attractive.

Credit Quality: Downgrades in the credit ratings of bonds held by the fund can lower its price, reflecting increased risk of default.

Inflation Expectations: Higher inflation expectations erode the real value of fixed-income investments, leading to lower bond prices and a decline in the fund's value.

Economic Growth: Strong economic growth may lead to higher interest rates and inflation, negatively impacting bond prices and DBLTX's price.

Market Sentiment: Investor confidence or fear can influence demand for bond funds, impacting DBLTX's price independent of fundamental factors.

Fund Management: The skill and strategy of the fund manager in selecting and managing bonds within DBLTX influences its performance and price.

Fund Flows: Large redemptions from DBLTX may force the fund to sell bonds, potentially lowering prices, while inflows can have the opposite effect.

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