Doubleline Mutual Fund Quote

DDCFX
 Fund
  

USD 9.28  0.05  0.54%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Doubleline Core is trading at 9.28 as of the 26th of November 2022; that is 0.54 percent up since the beginning of the trading day. The fund's open price was 9.23. Doubleline Core has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Doubleline Core Fixed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
The Advisor intends to invest at least 80 percent of the funds net assets in fixed income instruments. Doubleline Core is traded on NASDAQ Exchange in the United States. More on Doubleline Core Fixed

Doubleline Core Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Doubleline Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Doubleline Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Doubleline Core generated a negative expected return over the last 90 days
Doubleline Core is unlikely to experience financial distress in the next 2 years
On 31st of October 2022 Doubleline Core paid $ 0.0339 per share dividend to its current shareholders
The fund retains about 95.3% of its assets under management (AUM) in fixed income securities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Doubleline Core's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year0.9
Startdate8th of September 2016
Doubleline Core Fixed [DDCFX] is traded in USA and was established 26th of November 2022. The fund is listed under Intermediate Core-Plus Bond category and is part of DoubleLine family. Doubleline Core Fixed currently has accumulated 11.35 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 3.3%.
Check Doubleline Core Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Doubleline Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Doubleline Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Doubleline Core Fixed Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Doubleline Core Fixed Constituents

Doubleline Core Target Price Odds Analysis

Based on a normal probability distribution, the odds of Doubleline Core jumping above the current price in 90 days from now is about 40.59%. The Doubleline Core Fixed probability density function shows the probability of Doubleline Core mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Doubleline Core has a beta of 0.0214 suggesting as returns on the market go up, Doubleline Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Doubleline Core Fixed will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Doubleline Core Fixed is significantly underperforming DOW.
  Odds Below 9.28HorizonTargetOdds Above 9.28
58.94%90 days
 9.28 
40.59%
Based on a normal probability distribution, the odds of Doubleline Core to move above the current price in 90 days from now is about 40.59 (This Doubleline Core Fixed probability density function shows the probability of Doubleline Mutual Fund to fall within a particular range of prices over 90 days) .

Doubleline Core Fixed Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Doubleline Core market risk premium is the additional return an investor will receive from holding Doubleline Core long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Doubleline Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Doubleline Core's alpha and beta are two of the key measurements used to evaluate Doubleline Core's performance over the market, the standard measures of volatility play an important role as well.

Doubleline Core Against Markets

Picking the right benchmark for Doubleline Core mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Doubleline Core mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Doubleline Core is critical whether you are bullish or bearish towards Doubleline Core Fixed at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Doubleline Core without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Invested in Doubleline Core Fixed?

The danger of trading Doubleline Core Fixed is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Doubleline Core is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Doubleline Core. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Doubleline Core Fixed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Doubleline Core Fixed information on this page should be used as a complementary analysis to other Doubleline Core's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Doubleline Mutual Fund analysis

When running Doubleline Core Fixed price analysis, check to measure Doubleline Core's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doubleline Core is operating at the current time. Most of Doubleline Core's value examination focuses on studying past and present price action to predict the probability of Doubleline Core's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Doubleline Core's price. Additionally, you may evaluate how the addition of Doubleline Core to your portfolios can decrease your overall portfolio volatility.
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Please note, there is a significant difference between Doubleline Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Doubleline Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubleline Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.