DLCMX Performance — DoubleLine Strategic Commodity Fund, Class N
Data updated: 2026-08-21
DLCMX returned +19.24% year to date and +24.80% over one year to Jun 2026. Annualised returns are +8.37% over 3 years and +7.75% over 5 years. The fund trailed its Commodities category average: $100 invested three years ago grew to $127, against $165 for the category, and to $125 over one year, against $130. Volatility over the past three years was 11.89% a year. In the 12 months to Jun 2026 the fund lost a net $18.1M, and assets reached $80.05M.
DLCMX Growth of $100
What $100 invested in DoubleLine Strategic Commodity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | DLCMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $125 | $130 |
| 3 years (Jul 2023 – Jun 2026) | $127 | $165 |
| 5 years (Jul 2021 – Jun 2026) | $145 | $171 |
| Since data start (Jul 2019 – Jun 2026) | $170 | $213 |
DLCMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.24% |
| 1 year | +24.80% |
| 3 years (annualised) | +8.37% |
| 5 years (annualised) | +7.75% |
DLCMX Annual Returns
Calendar-year total returns of DoubleLine Strategic Commodity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +19.24% |
| 2025 | +5.86% |
| 2024 | +0.06% |
| 2023 | −4.13% |
| 2022 | +12.97% |
| 2021 | +30.95% |
| 2020 | −6.32% |
| 2019 (Jul–Dec) | +1.41% |
DLCMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.8% | +4.2% | +11.7% | +7.1% | −3.0% | −5.9% | — | — | — | — | — | — |
| 2025 | +1.3% | −0.7% | +1.3% | −4.7% | +0.9% | +3.2% | +1.3% | +1.0% | 0.0% | +1.1% | −0.1% | +1.3% |
| 2024 | +3.0% | +0.5% | +4.6% | +0.7% | −1.3% | −1.2% | −2.8% | −1.6% | −0.5% | −1.8% | −0.1% | +0.9% |
| 2023 | +2.2% | −4.6% | 0.0% | −0.7% | −6.5% | +5.1% | +7.0% | +1.2% | −0.4% | −2.3% | −1.2% | −3.2% |
| 2022 | +7.7% | +6.3% | +9.4% | +2.9% | +0.5% | −8.4% | −1.3% | −3.3% | −6.6% | +4.7% | +2.7% | −0.7% |
| 2021 | +3.9% | +10.1% | −3.0% | +8.0% | +2.6% | +0.3% | +2.0% | −1.7% | +0.7% | +4.6% | −6.5% | +7.5% |
| 2020 | −9.2% | −4.2% | −13.8% | +1.0% | −3.3% | +2.2% | +3.8% | +2.9% | −0.4% | −0.4% | +11.1% | +6.2% |
| 2019 | — | — | — | — | — | — | +1.4% | −1.5% | −0.2% | +0.5% | −3.3% | +4.6% |
DLCMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.89%
- 3-year Sharpe ratio: 0.33 (vs 4.5% risk-free rate)
- Best month: +11.71% (Mar 2026)
- Worst month: −5.88% (Jun 2026)
DLCMX Fund Flows
Monthly money in and out of DoubleLine Strategic Commodity Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.1M
- 12-month gross sales (incl. reinvestments): $23.3M
- Sales ÷ redemptions: 0.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.2M | $5.5M | −$2.3M |
| May 2026 | $967K | $1.7M | −$756K |
| Apr 2026 | $1.0M | $1.7M | −$686K |
| Mar 2026 | $2.8M | $1.8M | $1.1M |
| Feb 2026 | $3.7M | $982K | $2.7M |
| Jan 2026 | $2.7M | $2.2M | $468K |
| Dec 2025 | $815K | $7.0M | −$6.1M |
| Nov 2025 | $960K | $4.7M | −$3.8M |
| Oct 2025 | $4.4M | $1.7M | $2.7M |
| Sep 2025 | $943K | $1.7M | −$726K |
| Aug 2025 | $772K | $10.0M | −$9.2M |
| Jul 2025 | $965K | $2.5M | −$1.5M |
DLCMX Assets Under Management
Net assets of DoubleLine Strategic Commodity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $80.05M |
| 2026-03-31 | $85.52M |
| 2025-12-31 | $66.27M |
| 2025-09-30 | $73.82M |
| 2025-06-30 | $83.36M |
| 2025-03-31 | $115.81M |
| 2024-12-31 | $104.80M |
| 2024-09-30 | $127.83M |
| 2024-06-30 | $145.70M |
| 2024-03-31 | $148.94M |
| 2023-12-31 | $139.29M |
| 2023-09-30 | $179.44M |
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.