Doubleline Floating Financials
| DLFRX Fund | USD 9.06 0.05 0.55% |
Doubleline |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Doubleline Floating Fund Summary
Doubleline Floating competes with Oppenheimer Senior, Oppenheimer Senior, Floating Rate, Floating Rate, and Lord Abbett. The fund normally will invest at least 80 percent of its net assets in floating rate loans and other floating rate investments. The adviser expects that many or all of the funds investments will be rated below investment grade or unrated but of comparable credit quality. It may invest in securities of stressed, distressed, and defaulted issuers .Specialization | Bank Loan, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2586208306 |
| Business Address | Doubleline Funds Trust |
| Mutual Fund Family | DoubleLine |
| Mutual Fund Category | Bank Loan |
| Benchmark | Dow Jones Industrial |
| Phone | 877 354 6311 |
| Currency | USD - US Dollar |
Doubleline Floating Key Financial Ratios
Doubleline Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Doubleline Floating's current stock value. Our valuation model uses many indicators to compare Doubleline Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Doubleline Floating competition to find correlations between indicators driving Doubleline Floating's intrinsic value. More Info.Doubleline Floating Rate is rated below average in annual yield among similar funds. It also is rated below average in year to date return among similar funds creating about 73,471 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Doubleline Floating's earnings, one of the primary drivers of an investment's value.Doubleline Floating Rate Systematic Risk
Doubleline Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Doubleline Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Doubleline Floating Rate correlated with the market. If Beta is less than 0 Doubleline Floating generally moves in the opposite direction as compared to the market. If Doubleline Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Doubleline Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Doubleline Floating is generally in the same direction as the market. If Beta > 1 Doubleline Floating moves generally in the same direction as, but more than the movement of the benchmark.
Doubleline Floating December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Doubleline Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Doubleline Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Doubleline Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Doubleline Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Doubleline Floating's daily price indicators and compare them against related drivers.
| Information Ratio | (1.27) | |||
| Maximum Drawdown | 0.1122 | |||
| Potential Upside | 0.1119 |
Other Information on Investing in Doubleline Mutual Fund
Doubleline Floating financial ratios help investors to determine whether Doubleline Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Doubleline with respect to the benefits of owning Doubleline Floating security.
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