Strategic Commodity Fund – Statistics

Portfolio Holdings

Portfolio Characteristics – As of October 31, 2021

Total Net Assets $209,053,964
Collateral Characteristics
Duration 0.42
Sector Allocation
     Cash 7.71%
     U.S. Government 92.29%

Portfolio Sector Allocation

(Percent of Portfolio)
Morgan Stanley BFMCI*SM 100.00%
Tactical Commodity Exposure 0.00%
Subtotal 100.00%

The figures shown for the collateral characteristics represent the relative net assets invested in the displayed categories of fixed income and cash only. The figures shown for the tactical commodity exposures reflect the sectors within each allocation for the time period and their allocations as of month end.

Morgan Stanley BFMCI*SM
Crude Oil 12.33%
Brent Oil 12.04%
Heating Oil 3.69%
Gasoil 6.13%
RBOB Gasoline 6.36%
Subtotal 39.76%
Copper 19.27%
Nickel 11.14%
Subtotal 30.41%
Soybeans 15.37%
Subtotal 15.37%
Cotton 4.37%
Sugar 5.24%
Subtotal 9.60%
Live Cattle 4.07%
Subtotal 4.07%
Total 100.00%


Tactical Commodity Exposure
Long Commodity Allocation
Brent 10.56%
Natural Gas 9.44%
Gasoil 10.56%
Heating Oil 10.37%
Crude Oil (WTI) 10.73%
Subtotal 51.65%
Short Commodity Allocation
Wheat (Kansas) 9.69%
Soybean 10.05%
Corn 9.51%
Wheat 9.74%
Silver 9.36%
Subtotal 48.35%
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.

*Backwardation Focused Multi-Commodity Index

©2021 DoubleLine

Mutual fund investing involves risk; Principal loss is possible. Investments in debt securities typically decrease when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in commodities or commodity-linked derivative instruments may involve additional costs and risks such as changes in commodity index volatility or factors affecting a particular industry or commodity, such as drought, floods, weather, livestock disease, embargoes, tariffs and international economic, political and regulatory developments. Investing in derivatives could lose more than the amount invested. Investing in foreign securities involves political, economic, currency risks, greater volatility and differenced in accounting methods. These risks are greater for investments in emerging markets. Any index used by the Fund may not be widely used and information regarding its components and/or its methodology may not generally be known to industry participants, it may be more difficult for the Fund to find willing counterparties to engage in total or excess return swaps or other derivative instruments based on the return of the index. ETF and ETN investments involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund’s ability to sell its shares. 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. The Fund is non-diversified meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested.

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.

For our Funds that are no-load mutual funds, management fees and other expenses will apply. Please refer to the prospectus for further details.

The DoubleLine Funds are offered only to United States residents, and information on this website is intended only for such persons.  Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any DoubleLine Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Please note that by using this website and/or sending DoubleLine any information via this website, you acknowledge that any personal information you provide to us will be subject to our Privacy Policy, which has been designed to comply with applicable laws in the various jurisdictions in which DoubleLine does business.  If you have reached out to us on an unsolicited basis from outside the United States, local data privacy regulations may not apply to the information that you provide.

DoubleLine Alternatives LP is the investment adviser to the DoubleLine Strategic Commodity Fund and the DoubleLine Colony Real Estate and Income Fund.  DoubleLine Capital LP is the investment adviser to each of the other DoubleLine mutual funds and sub-adviser to the DoubleLine Colony Real Estate and Income Fund. DoubleLine Capital LP and DoubleLine Alternatives LP are investment advisers registered with the SEC under the Investment Advisers Act of 1940. The DoubleLine mutual funds are distributed by Quasar Distributors, LLC.  DoubleLine Capital LP is the investment adviser to the DoubleLine Closed-End Funds. Distributed by Foreside Funds Services, LLC.

DoubleLine®, the DoubleLine logo, the DoubleLine Funds logo and The Sherman Show logo are all registered trademarks of DoubleLine Capital LP.


333 S. Grand Ave.
18th Floor
Los Angeles
CA 90071



This is a Test!

DoubleLine is testing our emergency back-up plan. If this were a real emergency, DoubleLine would be posting news, updates, contact information, webcast or conference call information here to keep our clients updated on the situation. To contact DoubleLine, please click here.