DSENX Fees and Costs — Doubleline Shiller Enhanced CAPE, Class N
Data updated: 2026-08-21
The net expense ratio is 0.79%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.08% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 48%.
DSENX Fees and Expenses
Annual operating expenses and sales charges of DSENX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.79% |
| Fee waiver | — |
| Net expense ratio | 0.79% |
| 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 |
DSENX Costs Over Time
On $10,000 invested in DSENX, assuming 5% a year before costs, total costs come to $496 over 5 years, cutting the return by 0.83% 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 0.79%) | $83 | $259 | $451 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $83 | $272 | $496 |
| Value after costs | $10,417 | $11,304 | $12,267 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
DSENX 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): $3.1B
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
DSENX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $774.3M | 33.39% |
| CITIGROUP GLOBAL MARKETS INC. | $252.1M | 10.87% |
| NOMURA SECURITIES INTERNATIONAL INC. | $251.6M | 10.85% |
| GOLDMAN SACHS & CO. LLC | $187.9M | 8.10% |
| MORGAN STANLEY & CO. LLC | $172.2M | 7.42% |
| MERRILL LYNCH INC. | $171.0M | 7.37% |
| WELLS FARGO SECURITIES LLC | $149.9M | 6.46% |
| BARCLAYS CAPITAL INC. | $126.2M | 5.44% |
| JANE STREET EXECUTION SERVICES LLC | $123.5M | 5.32% |
| BMO CAPITAL MARKETS CORP. | $110.5M | 4.77% |
Doubleline Shiller Enhanced CAPE Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DDCPX | Class R6 | 0.48% | none |
| DSEEX | Class I | 0.54% | none |
| DLSIX | Class I2 | 0.60% | none |
| DSENX | Class N | 0.79% | 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.