DBLIX Fees and Costs — DoubleLine Income Fund, Class I
Data updated: 2026-02-26
The net expense ratio is 0.66%: a 0.50% management fee plus 0.33% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 31%.
DBLIX Fees and Expenses
Annual operating expenses and sales charges of DBLIX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.66% |
| 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 |
DBLIX Costs Over Time
On $10,000 invested in DBLIX, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.66%) | $69 | $217 | $378 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,349 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
DBLIX 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): $80.0M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
DBLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. INC. | $17.3M | 27.82% |
| GOLDMAN SACHS & CO. LLC | $8.6M | 13.74% |
| J.P. MORGAN SECURITIES LLC | $6.2M | 9.90% |
| NOMURA SECURITIES INTERNATIONAL INC. | $6.0M | 9.64% |
| BARCLAYS CAPITAL SECURITIES | $5.1M | 8.26% |
| WELLS FARGO SECURITIES LLC | $4.7M | 7.59% |
| MERRILL LYNCH INC. | $4.1M | 6.55% |
| TD SECURITIES (USA) LLC | $3.8M | 6.15% |
| CITIGROUP GLOBAL MARKETS INC. | $3.3M | 5.26% |
| BMO NESBITT BURNS SECURITIES LTD. | $3.2M | 5.09% |
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.