Global Core Plus Bond

Performance & CharacteristicsPortfolio Managers

Objective

The Sub-Fund seeks to maximize current income and total return.

Principal Investment Strategy

DoubleLine believes that active asset allocation of the Sub-Fund’s investments is of paramount importance in its efforts to mitigate risk and achieve better risk-adjusted returns.

The DoubleLine Fixed Income Asset Allocation Committee allocates across global fixed-income sectors, with portfolio shifts done gradually over time using a long-term approach, and sector weightings are based on economic outlook, fundamentals and relative value.

The Sub-Fund will adhere to DoubleLine’s Responsible Investment Policy and SFDR Article 8 criteria.

Responsible Investment

The Sub-Fund will adhere to DoubleLine’s Responsible Investment Policy and SFDR Article 8 criteria.

Fact Sheet
Document Library

Fund Facts

  • Fund Inception: May 31, 2023 Accumulation
    Management Fee0.80%
    Expense Cap0.35%
    Total Expense Ratio1.15%
    Share Class Inception5/31/2023
    Initial Minimum Investment$2,000.00
    Distribution-
    ISINLU2572299712
    BloombergDOUBNMX LXA
    CUSIPL2R4AT614
    Fund TypeSICAV UCITS V
    Sub-Fund Inception Date05/31/2023
    Close Fiscal Year31-May
    Fund Base CurrencyUSD
    NAV ValuationDaily
    Countries of RegistrationCH, DE, DK, FR, LU, IT, ES, NL, UK, AT

Daily Nav

  • As of Aug 19, 2026
    NAV $11.1
    NAV $ Daily Change0.06
    NAV % Daily Change0.57

Performance & Characteristics

Portfolio Characteristics

Duration Breakdown (%)

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PORTFOLIO MANAGERS

Portfolio Managers

  • Jeffrey Gundlach

    Chief Executive Officer & Chief Investment Officer
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    Jeffrey Gundlach

    Chief Executive Officer & Chief Investment Officer

    Mr. Gundlach is CEO of DoubleLine.  In 2011, he appeared on the cover of Barron's as "The New Bond King."  In 2013, Institutional Investor named him "Money Manager of the Year."  In 2012, 2015 and 2016, he was named one of "The Fifty Most Influential" in Bloomberg Markets.  In 2017, he was inducted into the FIASI Fixed Income Hall of Fame.  Mr. Gundlach is a summa cum laude graduate of Dartmouth College, with degrees in Mathematics and Philosophy.

  • Jeffrey Sherman, CFA

    Deputy Chief Investment Officer
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    Jeffrey Sherman, CFA

    Deputy Chief Investment Officer

    Jeffrey Sherman, DoubleLine’s Deputy Chief Investment Officer, is a thought leader, portfolio manager and public speaker in the industry. Mr. Sherman is a member of DoubleLine’s Fixed Income and Global Asset Allocation committees, and he serves as lead portfolio manager for the firm’s multi-sector and derivative-based strategies. In his role, Mr. Sherman guides the investment teams in developing top-down macro views and collaborative asset allocation processes throughout a market cycle. Additionally, he is a member of DoubleLine’s Executive Management Committee. In 2018, Money Management Executive named Mr. Sherman as one of “10 Fund Managers to Watch” in its yearly special report. Prior to joining DoubleLine in 2009, Mr. Sherman was a Senior Vice President at TCW, where he worked as a portfolio manager and quantitative analyst focused on fixed income and real-asset portfolios. Prior to that, he was a statistics and mathematics instructor at the University of the Pacific and Florida State University. Mr. Sherman taught Quantitative Methods for Level I candidates in the USC/CFALA CFA® Review Program for many years. He holds a B.S. in Applied Mathematics from the University of the Pacific and an M.S. in Financial Engineering from Claremont Graduate University. Mr. Sherman is a CFA® charterholder.

    2020

    "The Sherman Show" Named One of the "10 Must-Listen Podcasts" by Business Insider

The Company has adopted a policy permitting, upon request, the disclosure of portfolio holdings information to Shareholders with 1 Business Day delay. The information will be provided on a confidential basis to those having a legitimate business interest in receiving the information by contacting: [email protected]

Important Information: We recommend you discuss any investment decisions with a financial advisor, particularly if you are unsure whether an investment is suitable. DoubleLine is unable to provide investment advice. Initial charges are likely to have a greater proportionate effect on returns if investment are liquidated in the shorter term. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.

DoubleLine Funds (Luxembourg) and its management company, The Bank of New York Mellon SA/NV, are authorised in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier.

Swiss Information The state of the origin of the Fund is Luxembourg. This document may only be distributed in or from Switzerland to qualified investors within the meaning of Art. 10 Para. 3, 3bis and 3ter CISA. The Representative in Switzerland is ACOLIN Fund Services AG, Leutschenbachstrasse 50, CH-8050 Zurich, whilst the Paying Agent is NPB Neue Privat Bank AG, Limmatquai 1 / am Bellevue, CH-8024 Zurich. In respect of the units distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the representative. The basic documents of the fund as well as the annual and, if applicable, semi-annual report may be obtained free of charge at the registered office of the Swiss Representative.