Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Redell Celebrates an EM Fund's 1st Decade Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 24, 2024

Redell Celebrates an EM Fund's 1st Decade

Reported by Neil Anderson, Managing Editor

The team at a 15-year-old, Southern California asset manager are celebrating the china anniversary of one of their international funds.

Ron Redell
DoubleLine Funds
President
On Monday, Ron Redell, president DoubleLine [profile], highlighted that the DoubleLine Low Duration Emerging Markets Fixed Income Fund is now ten years old. The actively managed fund's tenth birthday was in April of this year.

"On one hand, the Fund is worthy of consideration by those who regard EM fixed income as an asset class offering diversification benefits and undergoing a secular evolutio of improing credit quality, but they seek their exposure actively manageed to lower duration and with bottom-up credit underwriting," Redell states. "On the other hand, the Fund might appeal to other investors who are seeking the potential for a yield pickup in their short-duration allocations."

The DoubleLine Low Duration Emerging Markets Fund's inception date was April 7, 2014. It is a series of DoubleLine Funds Trust.

As of June 30, 2024, the DoubleLine Low Duration Emerging Markets Fund had about $152 million in AUM. The mutual fund comes in two flavors: I shares (DBLLX) with an expense ratio of 59 basis points; and N shares (DELNX) with an expense ratio of 84bps. Both expense ratios bake in a 15bps fee waiver promised through August 1, 2025.

DoubleLine Capital serves as the fund's investment advisor. The fund's PM team (since inception) includes: Mark Christensen, portfolio manager and senior credit analyst; Su Fei Koo, PM and senior credit analyst; and Luz Padilla, director of international fixed income.

The ten-year-old fund's other service providers include: PricewaterhouseCoopers LLP as independent accounting firm; ACA Foreside's Quasar Distributors, LLC as distributor; Ropes & Gray LLP as counsel; and U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as administrator, custodian, fund accountant, and transfer agent. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - BDC Board Service 101, December 10
  2. WE Boston - Give Back Event, December 10
  3. IMEA Distribution Council webinar - Unlocking Your Competitive Edge: Driving Results Through Net Promoter Excellence, December 10
  4. WE New York - End of Year Celebration, December 11
  5. MFDF webinar - ETF Product Trends: Board Implications, December 11
  6. Nicsa webinar - The Virtues of Corporate Culture, December 11
  7. MFDF webinar - Visually Mapping Board Composition: Skills Matrices in Fund Board Rooms, December 18
  8. IMEA webinar - Driving Equity: The FARE Journey and Its Impact on Financial Services, December 19
  9. MFDF webinar - 2024 Fair Valuation Pricing Survey: Building and Strengthening the Valuation Operating Model, January 7, 2025
  10. MFDF webinar - 15(c) White Paper Webinar Series: Part 2 – Board Processes, January 9, 2025
  11. MFDF webinar - AI and Fund Compliance, January 21, 2025
  12. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22, 2025
  13. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  14. FSI OneVoice 2025, January 27 - 29, 2025
  15. 2025 ICI Innovate, February 3 - 5, 2025
  16. MFDF Director Discussion Series - Open Forum, February 10, 2025
  17. MFDF Director Discussion Series - Open Forum, February 11, 2025
  18. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025
  19. MFDF Director Discussion Series - Open Forum, April 2, 2025
  20. Envestnet Elevate 2025, April 9 - 10, 2025
  21. MFDF Director Discussion Series - Open Forum, April 15, 2025
  22. The 36th Sub-Advised Funds Forum, April 29 - 30, 2025
  23. Morningstar Investment Conference 2025, June 25 - 26, 2025
  24. MFDF Director Discussion Series - Open Forum, July 9, 2025




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use