C000225833 Fees and Costs — DoubleLine Multi-Asset Trend Fund, Class I
Data updated: 2025-02-28
The net expense ratio is 0.72% (1.79% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 17%.
C000225833 Fees and Expenses
Annual operating expenses and sales charges of C000225833. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.91% |
| Gross expense ratio | 1.79% |
| Fee waiver | −1.07% |
| Net expense ratio | 0.72% |
| 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 |
C000225833 Costs Over Time
On $10,000 invested in C000225833, assuming 5% a year before costs, total costs come to $453 over 5 years, cutting the return by 0.76% 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 0.72%) | $76 | $237 | $411 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $76 | $248 | $453 |
| Value after costs | $10,424 | $11,328 | $12,310 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
C000225833 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $7.1M
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
C000225833 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $1.9M | 26.73% |
| CITADEL SECURITIES LLC | $1.5M | 21.42% |
| BOFA SECURITIES INC. | $1.1M | 15.55% |
| BMO NESBITT BURNS SECURITIES LTD. | $947K | 13.29% |
| NOMURA SECURITIES INTERNATIONAL INC. | $714K | 10.02% |
| MORGAN STANLEY & CO. LLC | $340K | 4.77% |
| GOLDMAN SACHS & CO. LLC | $306K | 4.29% |
| HSBC SECURITIES (USA) INC. | $189K | 2.65% |
| J.P. MORGAN SECURITIES LLC | $91K | 1.28% |
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.