DBFRX Fees and Costs — DoubleLine Floating Rate Fund, Class I
Data updated: 2026-02-26
The net expense ratio is 0.80%: a 0.50% management fee plus 0.29% other expenses. This share class carries a redemption fee of 1.00%. Portfolio turnover was 65%.
DBFRX Fees and Expenses
Annual operating expenses and sales charges of DBFRX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DBFRX Costs Over Time
On $10,000 invested in DBFRX, assuming 5% a year before costs, total costs come to $502 over 5 years, cutting the return by 0.84% 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 0.80%) | $84 | $263 | $456 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $502 |
| Value after costs | $10,416 | $11,301 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
DBFRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $192.3M
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
DBFRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $50.0M | 29.40% |
| MERRILL LYNCH INC. | $21.6M | 12.68% |
| CITIGROUP GLOBAL MARKETS INC. | $15.9M | 9.36% |
| GOLDMAN SACHS & CO. LLC | $15.5M | 9.10% |
| MORGAN STANLEY & CO. LLC | $15.2M | 8.95% |
| BARCLAYS CAPITAL SECURITIES | $14.2M | 8.33% |
| Jefferies & Company Inc. | $12.8M | 7.52% |
| WELLS FARGO SECURITIES LLC | $11.6M | 6.84% |
| RBC CAPITAL MARKETS LLC | $8.0M | 4.72% |
| UBS FINANCIAL SERVICES INC. | $5.3M | 3.10% |
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.