C000170950 Fees and Costs — DoubleLine Ultra Short Bond Fund, Class I
Data updated: 2022-08-23
The net expense ratio is 0.26%: a 0.15% management fee plus 0.10% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 41%.
C000170950 Fees and Expenses
Annual operating expenses and sales charges of C000170950. Prospectus, as of July 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.26% |
| Fee waiver | — |
| Net expense ratio | 0.26% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000170950 Costs Over Time
On $10,000 invested in C000170950, assuming 5% a year before costs, total costs come to $165 over 5 years, cutting the return by 0.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.26%) | $27 | $86 | $150 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $90 | $165 |
| Value after costs | $10,473 | $11,486 | $12,598 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
C000170950 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $687.3M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000170950 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $79.6M | 14.57% |
| GOLDMAN SACHS & CO. LLC | $70.0M | 12.82% |
| CITIGROUP GLOBAL MARKETS INC. | $66.8M | 12.22% |
| WELLS FARGO SECURITIES LLC | $62.1M | 11.36% |
| RBC CAPITAL MARKETS LLC | $51.8M | 9.49% |
| TD SECURITIES (USA) LLC | $51.7M | 9.46% |
| MIZUHO SECURITIES USA LLC | $49.7M | 9.09% |
| MARKET AXESS INC. | $39.6M | 7.25% |
| MUFG SECURITIES AMERICAS INC. | $38.6M | 7.06% |
| BARCLAY INVESTMENTS LTD. | $36.5M | 6.68% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.