Emerging Markets Local Currency Bond Fund – Statistics

Portfolio Holdings

Portfolio Composition – As of December 31, 2021


# of Issues 40
Ending Market Value $9,431,884
Average Market Price $93.52
Duration 4.13
Weighted Avg Life 5.18

SEC Yields

I-share N-share
Gross SEC 30-Day Yield 2.93% 2.68%
Net SEC 30-Day Yield 4.37% 4.13%

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 December 31, 2021

Current Quality Credit Distribution*

Cash & Accrued 3.76%
AAA 17.92%
AA 8.47%
A 22.94%
BBB 30.96%
BB 15.95%
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 3.76%
Less than 1 1.05%
1 to 3 years 31.25%
3 to 5 years 35.31%
5 to 7 years 13.93%
7 to 10 years 15.25%
10+ years 0.00%
Total 100.00%


Country Breakdown Currency Breakdown
(Percent of Portfolio) (Percent of Portfolio)
Indonesia 11.66% Indonesian Rupiah 11.82%
Mexico 9.46% Mexican Peso 9.84%
Brazil 8.31% Brazilian Real 8.78%
South Africa 7.64% South African Rand 7.85%
Thailand 7.42% Thai Baht 7.43%
China 6.86% Yuan Renminbi 6.99%
Malaysia 6.39% Malaysian Ringgit 6.44%
Poland 4.81% Polish Zloty 4.98%
Czech Republic 4.52% Czech Koruna 4.53%
Philippines 4.09% Philippine Peso 4.18%
Israel 3.95% Russian Ruble 3.90%
Colombia 3.80% Colombian Peso 3.85%
Russia 3.80% New Israeli Shekel 3.95%
Singapore 3.65% Singapore Dollar 3.69%
Hungary 2.87% New Leu 3.00%
Romania 2.89% Hungarian Forint 2.91%
Peru 2.13% Nuevo Sol 2.17%
Chile 1.99% Chilean Peso 1.99%
Cash & Accrued 3.76% United States Dollar 1.70%
Total  100.00%  Total  100.00%

Industry Breakdown

Cash & Accrued 3.76%
Sovereign 77.18%
Utilities 2.01%
Finance 14.26%
Telecommunication 1.05%
Transportation 0.89%
Banking 0.85%
Total 100.00%

Region Breakdown

Cash & Accrued 3.76%
Asia 40.08%
Latin America & Caribbean 25.69%
Europe, Africa & the Middle East 30.47%
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 fifteen 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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