Emerging Markets Local Currency Bond Fund – Statistics

Portfolio Holdings

Portfolio Composition – As of May 31, 2022


# of Issues 38
Ending Market Value $9,052,119
Average Market Price $86.33
Duration 3.71
Weighted Avg Life 4.86

SEC Yields

I-share N-share
Gross SEC 30-Day Yield 4.27% 4.02%
Net SEC 30-Day Yield 6.03% 5.78%

Click here for a PDF version of the latest All Funds Performance Summary.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. The performance information shown assumes the reinvestment of all dividends and distributions.

Portfolio Characteristics – As of May 31, 2022

Current Quality Credit Distribution*

Cash & Accrued 4.88%
AAA 14.06%
AA 6.48%
A 21.35%
BBB 29.87%
BB 23.35%
B 0.00%
CCC 0.00%
CC 0.00%
C 0.00%
Not Rated 0.00%
Other 0.00%
Total 100.00%

Duration Breakdown

(Percent of Portfolio)
Cash & Accrued 4.88%
Less than 1 11.40%
1 to 3 years 29.87%
3 to 5 years 29.98%
5 to 7 years 6.91%
7 to 10 years 16.95%
10+ years 0.00%
Total 100.00%


Country Breakdown Currency Breakdown
(Percent of Portfolio) (Percent of Portfolio)
Brazil 12.39% Brazilian Real 12.43%
South Africa 10.96% South African Rand 11.21%
Mexico 9.82% Mexican Peso 10.05%
Indonesia 9.78% Rupiah 9.89%
Malaysia 9.21% Malaysian Ringgit 9.36%
China 6.82% Yuan Renminbi 6.86%
Thailand 4.49% Polish Zloty 4.59%
Poland 4.40% Baht 4.56%
Czech Republic 4.39% Czech Koruna 4.40%
Colombia 3.91% Colombian Peso 4.12%
Philippines 3.66% Philippine Peso 3.37%
Singapore 3.61% Singapore Dollar 3.64%
Romania 2.75% United States Dollar 3.36%
Hungary 2.49% New Leu 2.77%
Peru 2.20% Hungarian Forint 2.57%
Chile 2.13% Nuevo Sol 2.24%
Israel 2.10% Chilean Peso 2.13%
Russia 0.00% New Israeli Sheqel 2.10%
Cash & Accrued 4.88% Russian Ruble 0.00%
Total  100.00%  Total  100.00%

Industry Breakdown

Cash & Accrued 4.88%
Sovereign 79.51%
Finance 10.45%
Utilities 2.06%
Telecommunication 1.12%
Transportation 1.06%
Banking 0.91%
Total 100.00%

Region Breakdown

Cash & Accrued 4.88%
Asia 37.57%
Latin America & Caribbean 30.45%
Europe, Africa & the Middle East 27.09%
Developed Europe 0.00
Total 100.00%

Sector Allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security. Portfolio holdings generally are made available thirty days after month-end by calling (877) DLine11. The source for the information in this report is DoubleLine Capital, which maintains its data on a trade date basis.

*Credit Distribution is determined from the highest available credit rating from any Nationally Recognized Statistical Rating Agency (NRSRO”, generally S&P, Moody’s, or Fitch) and is subject to change. DoubleLine chooses to display credit ratings using S&P’s rating convention, although the rating itself might be sourced from another NRSRO. The firm evaluates a bond issuer’s financial strength, or its ability to pay a bond’s principal and interest in a timely fashion. The ratings apply to the credit worthiness of the issuers of the underlying securities and not to the fund itself. Ratings are expressed as letters ranging from ‘AAA’, which is the highest grade, to ‘D’, which is the lowest grade. In limited situations when the rating agency has not issued a formal rating, the rating agency will classify the security as unrated.

The source for the information in this report is DoubleLine Capital, which maintains its data on a trade date basis.

©2022 DoubleLine

Past performance does not guarantee future results Mutual fund investing involves risk Principal loss is possible

Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer term debt securities Investments in lower rated and non rated securities present a greater risk of loss to principal and interest than higher rated securities The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods These risks are greater for investments in emerging markets The Fund may use leverage which may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used Derivatives involve special risks including correlation, counterparty, liquidity, operational, accounting and tax risks These risks, in certain cases, may be greater than the risks presented by more traditional investments.

Investing in emerging markets has more risk such as increased volatility, relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries and securities markets that are substantially smaller, less liquid and more volatile with less government oversight than more developed countries.

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory prospectus and summary prospectus (if available) contain this and other important information about the investment company and may be obtained by clicking here. In addition, a free hard-copy is available by calling 1 (877) 354-6311/1 (877) DLINE11. Please read the prospectuses carefully before investing.


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