DLSNX Fees and Costs — DoubleLine Low Duration Bond Fund, Class N
Data updated: 2026-08-21
The net expense ratio is 0.69%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.09% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 54%.
DLSNX Fees and Expenses
Annual operating expenses and sales charges of DLSNX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| 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 | No |
| Waived fees subject to recoupment | No |
DLSNX Costs Over Time
On $10,000 invested in DLSNX, assuming 5% a year before costs, total costs come to $434 over 5 years, cutting the return by 0.72% 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 0.69%) | $72 | $227 | $395 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $238 | $434 |
| Value after costs | $10,428 | $11,338 | $12,329 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
DLSNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $5.6B
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
DLSNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $882.8M | 20.64% |
| MERRILL LYNCH INC. | $662.7M | 15.49% |
| GOLDMAN SACHS & CO. LLC | $517.0M | 12.09% |
| MORGAN STANLEY & CO. LLC | $424.9M | 9.93% |
| WELLS FARGO SECURITIES LLC | $379.2M | 8.87% |
| BARCLAYS CAPITAL INC. | $321.6M | 7.52% |
| NOMURA SECURITIES INTERNATIONAL INC. | $301.0M | 7.04% |
| JANE STREET EXECUTION SERVICES LLC | $297.8M | 6.96% |
| BNP PARIBAS SECURITIES CORP. | $267.0M | 6.24% |
| CITIGROUP GLOBAL MARKETS INC. | $223.8M | 5.23% |
DoubleLine Low Duration Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DDLDX | Class R6 | 0.38% | none |
| DBLSX | Class I | 0.44% | none |
| DLLIX | Class I2 | 0.49% | none |
| DLSNX | Class N | 0.69% | none |
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.