DLELX Performance — DoubleLine Emerging Markets Local Currency Bond Fund, Class N
Data updated: 2026-08-21
DLELX returned +2.15% year to date and +9.19% over one year to Jun 2026. Annualised returns are +7.04% over 3 years and +3.00% over 5 years. The fund trailed its Emerging Markets Bond category average: $100 invested three years ago grew to $123, against $130 for the category, and to $109 over one year, against $110. Volatility over the past three years was 8.52% a year. In the 12 months to Jun 2026 the fund took in a net $501.6M, and assets reached $519.84M.
DLELX Growth of $100
What $100 invested in DoubleLine Emerging Markets Local Currency Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | DLELX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $109 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $123 | $130 |
| 5 years (Jul 2021 – Jun 2026) | $116 | $116 |
| Since data start (Jul 2019 – Jun 2026) | $114 | $125 |
DLELX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.15% |
| 1 year | +9.19% |
| 3 years (annualised) | +7.04% |
| 5 years (annualised) | +3.00% |
DLELX Annual Returns
Calendar-year total returns of DoubleLine Emerging Markets Local Currency Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.15% |
| 2025 | +20.39% |
| 2024 | −4.58% |
| 2023 | +12.14% |
| 2022 | −7.22% |
| 2021 | −9.61% |
| 2020 | +2.37% |
| 2019 (Jul–Dec) | +0.76% |
DLELX 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 | +2.3% | +1.7% | −5.9% | +3.2% | +1.1% | −0.2% | — | — | — | — | — | — |
| 2025 | +1.7% | +0.5% | +2.1% | +2.8% | +1.7% | +3.3% | −1.2% | +3.1% | +1.8% | +0.4% | +1.4% | +1.3% |
| 2024 | −1.9% | −0.3% | 0.0% | −2.8% | +1.8% | −1.5% | +2.0% | +2.7% | +3.1% | −4.3% | −0.9% | −2.2% |
| 2023 | +3.3% | −3.0% | +4.1% | +0.9% | −1.6% | +3.6% | +2.5% | −2.8% | −3.2% | −0.2% | +4.9% | +3.5% |
| 2022 | +0.1% | −1.9% | +0.8% | −5.4% | +1.8% | −4.3% | −0.1% | −0.2% | −4.2% | +0.4% | +4.8% | +1.4% |
| 2021 | −1.9% | −2.6% | −2.4% | +1.5% | +1.9% | −1.3% | −1.2% | +0.7% | −3.2% | −1.0% | −1.7% | +1.2% |
| 2020 | −1.3% | −2.4% | −10.0% | +3.2% | +4.5% | +0.4% | +2.8% | −0.1% | −2.3% | +0.7% | +4.6% | +3.3% |
| 2019 | — | — | — | — | — | — | −0.3% | −3.2% | +0.2% | +2.5% | −1.9% | +3.6% |
DLELX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.52%
- 3-year Sharpe ratio: 0.30 (vs 4.5% risk-free rate)
- Best month: +4.92% (Nov 2023)
- Worst month: −5.85% (Mar 2026)
DLELX Fund Flows
Monthly money in and out of DoubleLine Emerging Markets Local Currency Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $501.6M
- 12-month gross sales (incl. reinvestments): $530.9M
- Sales ÷ redemptions: 18.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $13.3M | $10.6M | $2.6M |
| May 2026 | $18.3M | $1.2M | $17.1M |
| Apr 2026 | $2.9M | $925K | $1.9M |
| Mar 2026 | $108.8M | $5.6M | $103.2M |
| Feb 2026 | $15.6M | $583K | $15.0M |
| Jan 2026 | $6.3M | $1.7M | $4.6M |
| Dec 2025 | $5.6M | $667K | $4.9M |
| Nov 2025 | $5.5M | $1.6M | $3.9M |
| Oct 2025 | $141.3M | $223K | $141.1M |
| Sep 2025 | $10.0M | $6.1M | $3.9M |
| Aug 2025 | $11.7M | $1K | $11.7M |
| Jul 2025 | $191.7M | $118K | $191.6M |
DLELX Assets Under Management
Net assets of DoubleLine Emerging Markets Local Currency Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $519.84M |
| 2026-03-31 | $484.68M |
| 2025-12-31 | $381.65M |
| 2025-09-30 | $225.60M |
| 2025-06-30 | $13.47M |
| 2025-03-31 | $12.25M |
| 2024-12-31 | $11.54M |
| 2024-09-30 | $12.80M |
| 2024-06-30 | $12.02M |
| 2024-03-31 | $12.47M |
| 2023-12-31 | $13.09M |
| 2023-09-30 | $11.90M |
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.