DBL:NYE-Doubleline Opportunistic Credit (USD)

FUND | Engineering & Construction |

Last Closing

USD 15.45

Change

+0.05 (+0.32)%

Market Cap

USD 57.33B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. DoubleLine Opportunistic Credit Fund was formed on July 22, 2011 and is domiciled in the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Engineering & Construction

Symbol Name Price(Change) Market Cap
J Jacobs Solutions Inc.

+0.72 (+0.53%)

USD 16.88B
FIX Comfort Systems USA Inc

+1.83 (+0.42%)

USD 15.61B
ACM Aecom Technology Corporation

+0.49 (+0.45%)

USD 15.07B
MTZ MasTec Inc

+0.20 (+0.14%)

USD 10.82B
APG Api Group Corp

+0.14 (+0.38%)

USD 10.38B
BLD Topbuild Corp

+0.60 (+0.19%)

USD 9.15B
STN Stantec Inc

+0.29 (+0.37%)

USD 9.07B
DY Dycom Industries Inc

+0.87 (+0.50%)

USD 5.07B
ACA Arcosa Inc

+1.59 (+1.62%)

USD 4.85B
PRIM Primoris Services Corporation

+0.14 (+0.17%)

USD 4.32B

ETFs Containing DBL

N/A

Market Performance

  Market Performance vs. Industry/Classification (Engineering & Construction) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.65% 24% F 41% F
Dividend Return 7.88% 100% F 86% B+
Total Return 8.53% 33% F 50% F
Trailing 12 Months  
Capital Gain 0.46% 19% F 40% F
Dividend Return 7.87% 100% F 85% B
Total Return 8.32% 33% F 52% F
Trailing 5 Years  
Capital Gain -24.38% 5% F 23% F
Dividend Return 33.93% 100% F 86% B+
Total Return 9.55% 5% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -4.74% 5% F 12% F
Dividend Return 1.60% 5% F 29% F
Total Return 6.34% 100% F 89% A-
Risk Return Profile  
Volatility (Standard Deviation) 18.73% 100% F 58% F
Risk Adjusted Return 8.52% 5% F 26% F
Market Capitalization 57.33B 100% F 96% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.