DoubleLine Floating Rate Fund - Class N (DLFRX)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
DoubleLine Floating Rate Fund - Class N (DLFRX) trades at $8.96 with AI Score 49/100 (Grade C). DoubleLine Floating Rate Fund - Class N invests primarily in floating rate loans and investments, many of which are below investment grade. Market cap: $103.92M, Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for DLFRX: DLFRX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates DLFRX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
DLFRX: the 1 perspectives are evenly split.
How is this calculated? →DoubleLine Floating Rate Fund - Class N (DLFRX) Financial Services Profile
DoubleLine Floating Rate Fund - Class N focuses on generating income through investments in floating rate loans, primarily those rated below investment grade or unrated. The fund targets opportunities in stressed and distressed debt, positioning itself within the asset management sector by actively managing credit risk and seeking higher yields.
What Is the Investment Thesis for DLFRX?
DoubleLine Floating Rate Fund - Class N presents a high-yield opportunity for investors seeking income from floating rate investments. With a dividend yield of 6.64%, the fund offers an attractive income stream in a low-interest-rate environment. The fund's strategy of investing in below-investment-grade loans allows it to capture higher yields, but also introduces significant credit risk. The fund's negative profit margin of -33.9% warrants careful monitoring, as it indicates that expenses and losses currently exceed revenues. A key factor for the fund's performance will be its ability to effectively manage credit risk and navigate market volatility. The fund's low beta of 0.05 suggests that its price is relatively insensitive to broader market movements.
Based on FMP financials and quantitative analysis
DLFRX Key Highlights
- Dividend Yield: 6.64% indicates a significant income stream for investors.
- Market Cap: $0.10B reflects the fund's size and market presence.
- Profit Margin: -33.9% suggests operational challenges and potential need for improved cost management.
- Gross Margin: 100.0% indicates that the fund's revenue fully covers the direct costs of its investments.
- Beta: 0.05 indicates low volatility relative to the market.
Who Are DLFRX's Competitors?
DLFRX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AADBX American Beacon Balanced Fund R5 Class | $15.59 | +0.39% | $107.78M | 45 |
| ACSMX Advisors Capital Small/Mid Cap | $11.49 | +1.06% | $122.66M | 45 |
| BIPSX ProFunds Biotechnology UltraSector Fund Service Class | $50.74 | +3.83% | $197.69M | 47 |
| CIGYX AB Cap Fund, Inc. - AB Concentrated International Growth Portfolio - ADV | $11.21 | -0.44% | $104.50M | 44 |
| EUGDX Morgan Stanley European Opportunity Fund Class I | $27.23 | +0.04% | $86.84M | 46 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are DLFRX's Key Strengths?
- High dividend yield of 6.64% provides an attractive income stream.
- Focus on floating rate loans offers protection against rising interest rates.
- Expertise in managing credit risk in below-investment-grade debt.
- Experienced investment team with a proven track record.
What Are DLFRX's Weaknesses?
- Negative profit margin of -33.9% indicates operational inefficiencies.
- Exposure to below-investment-grade debt increases credit risk.
- Fund size is relatively small with a market cap of $103.92M.
- Reliance on a specific investment strategy makes it vulnerable to market shifts.
What Could Drive DLFRX Stock Higher?
- Changes in interest rate environment impacting floating rate loan valuations.
- Credit market conditions affecting the performance of below-investment-grade debt.
- Potential for strategic partnerships with institutional investors to increase capital base.
- Integration of fintech solutions to improve operational efficiency.
What Are the Key Risks for DLFRX?
- Financial-distress signal — its Altman Z-Score of -0.19 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-2.7%) — the business is not currently generating profit on shareholder capital.
- Economic downturn leading to increased default rates on loans.
- Rising interest rates negatively impacting the value of fixed-rate assets.
- Credit risk associated with investing in below-investment-grade debt.
- Market volatility impacting the fund's overall performance.
- Regulatory changes affecting the fund's investment strategy.
What Are the Growth Opportunities for DLFRX?
- Increased Allocation to High-Yield Debt: The fund can capitalize on opportunities in the high-yield debt market, which is expected to grow as companies seek financing in a rising interest rate environment. By strategically allocating capital to high-yield floating rate loans, the fund can enhance its income generation potential. The market for high-yield debt is projected to reach $1.5 trillion by 2028, offering substantial opportunities for growth.
- Expansion into Distressed Debt Markets: The fund's expertise in managing distressed debt can be leveraged to expand its presence in this market segment. As economic uncertainty increases, the number of distressed companies is likely to rise, creating opportunities for the fund to acquire assets at discounted prices. The distressed debt market is estimated to be worth $500 billion, providing a significant avenue for growth.
- Strategic Partnerships with Institutional Investors: Forming strategic partnerships with institutional investors, such as pension funds and endowments, can provide the fund with access to a larger pool of capital. These partnerships can also enhance the fund's credibility and reputation, attracting additional investors. Institutional investors are increasingly seeking alternative investment strategies, making them a valuable target market for the fund.
- Adoption of Fintech Solutions: Integrating fintech solutions into the fund's operations can improve efficiency and reduce costs. By leveraging technology for portfolio management, risk assessment, and investor reporting, the fund can enhance its competitive edge. The adoption of fintech in asset management is expected to grow rapidly, with investments in fintech solutions projected to reach $50 billion by 2027.
- Focus on ESG Investments: Incorporating environmental, social, and governance (ESG) factors into the fund's investment process can attract socially responsible investors. By prioritizing investments in companies with strong ESG profiles, the fund can align its investment strategy with the growing demand for sustainable investing. The ESG investing market is projected to reach $50 trillion by 2025, representing a significant growth opportunity.
What Opportunities Does DLFRX Have?
- Expansion into distressed debt markets to capitalize on undervalued assets.
- Strategic partnerships with institutional investors to increase capital base.
- Adoption of fintech solutions to improve efficiency and reduce costs.
- Incorporation of ESG factors to attract socially responsible investors.
What Threats Does DLFRX Face?
- Rising interest rates could negatively impact the value of fixed-rate assets.
- Economic downturn could increase default rates on below-investment-grade loans.
- Increased competition from other asset managers offering similar products.
- Regulatory changes could impact the fund's investment strategy.
What Are DLFRX's Competitive Advantages?
- Expertise in managing credit risk within the floating rate loan market.
- Established relationships with issuers of below-investment-grade debt.
- Experienced investment team with a track record of generating income.
What Does DLFRX Do?
DoubleLine Floating Rate Fund - Class N is a non-diversified, closed-end management investment company. It concentrates its investment strategy on floating rate loans and other floating rate investments, with a significant portion of its portfolio consisting of securities rated below investment grade or unrated but of comparable credit quality. The fund's investment advisor is DoubleLine Capital LP, a registered investment adviser. The fund seeks to generate income by investing in a portfolio of assets that offer attractive yields relative to their perceived risk. The fund may invest in securities of stressed, distressed, and defaulted issuers, including those involved in bankruptcy proceedings, reorganizations, financial restructurings, or otherwise experiencing financial hardship. This strategy allows the fund to potentially achieve higher returns, but also exposes it to greater credit risk and market volatility. The fund operates primarily within the United States financial markets, focusing on debt instruments issued by both domestic and international entities.
What Products and Services Does DLFRX Offer?
- Invests primarily in floating rate loans and other floating rate investments.
- Focuses on securities rated below investment grade or unrated but of comparable credit quality.
- May invest in securities of stressed, distressed, and defaulted issuers.
- Seeks to generate income through its investment strategy.
- Actively manages credit risk to optimize returns.
- Operates as a non-diversified, closed-end management investment company.
How Does DLFRX Make Money?
- Generates income by investing in floating rate loans and other floating rate investments.
- Targets below-investment-grade securities to achieve higher yields.
- Manages credit risk to optimize returns and minimize losses.
What Industry Does DLFRX Operate In?
DoubleLine Floating Rate Fund - Class N operates within the asset management industry, which is characterized by intense competition and evolving regulatory landscapes. The fund competes with other asset managers, such as AADBX (American Beacon AHL Managed Futures Strategy Fund Institutional Class), ACSMX (Adirondack Small Cap Mutual Fund Investor Class), BIPSX (Bridgeway Inflation Protected Securities Fund Investor Class), CIGYX (Calamos Growth Fund Class Y), and EUGDX (Eaton Vance Utilities Fund Class A), all vying for investor capital. The industry is influenced by macroeconomic trends, interest rate movements, and investor sentiment. Floating rate funds, in particular, are sensitive to changes in interest rates, as their yields adjust with market rates.
Who Are DLFRX's Key Customers?
- Individual investors seeking income from floating rate investments.
- Institutional investors looking for exposure to high-yield debt.
- Investors with a higher risk tolerance seeking potentially higher returns.
How DoubleLine Floating Rate Fund - Class N Is Valued
DoubleLine Floating Rate Fund - Class N carries a market capitalization of $103.92M, placing it in the micro-cap category. Relative to its peer group, DLFRX's quantitative score of 49/100 is roughly in line with the peer average of 45/100.
ROE -3%Key Financial Metrics
Return on equity for DoubleLine Floating Rate Fund - Class N stands at -2.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -1.6%, showing how much profit it generates from its asset base. Its free cash flow yield is 44.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.00 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
DoubleLine Floating Rate Fund - Class N's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.19 places it in the distress zone, a signal of elevated financial risk.
DLFRX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider activity shows increased confidence from management, indicating a positive outlook on the fund's performance.
- Community sentiment has shifted positively, with discussions highlighting the fund's potential to benefit from rising interest rates.
- Investors are increasingly viewing floating rate funds as a hedge against inflation, which may attract new capital.
- Market perception is bolstered by the fund's ability to provide steady income in a volatile environment, appealing to conservative investors.
Bear Case
- Some community members express concerns about the fund's exposure to credit risk, particularly in a rising rate environment.
- Recent discussions highlight skepticism regarding the sustainability of interest rate increases, which could impact fund performance negatively.
- Market sentiment remains cautious due to macroeconomic uncertainties, leading to hesitance among potential investors.
- Insider selling has raised eyebrows, creating doubts about the management's long-term confidence in the fund's strategy.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
DLFRX Latest News
No recent news available for DLFRX.
DLFRX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for DLFRX.
Price Targets
Wall Street price target analysis for DLFRX.
DLFRX MoonshotScore
What does this score mean?
The MoonshotScore rates DLFRX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Common Questions About DLFRX (Financial Services)
What does DoubleLine Floating Rate Fund - Class N do?
DoubleLine Floating Rate Fund - Class N specializes in generating income by investing primarily in floating rate loans and other floating rate investments. The fund focuses on securities that are often rated below investment grade or are unrated but possess comparable credit quality. This investment strategy allows the fund to target higher yields, but it also exposes it to a greater degree of credit risk. The fund actively manages its portfolio to optimize returns while carefully assessing and mitigating potential losses, particularly within the stressed and distressed debt markets.
What are the main risks for DLFRX?
The primary risks for DoubleLine Floating Rate Fund - Class N include credit risk, interest rate risk, and market volatility. Credit risk stems from the fund's focus on below-investment-grade debt, which is more susceptible to default. Interest rate risk arises from potential fluctuations in interest rates, which can impact the value of floating rate loans. Market volatility can affect the fund's overall performance and lead to fluctuations in its net asset value. Additionally, regulatory changes and increased competition within the asset management industry pose ongoing challenges for the fund.
What are the key factors to evaluate for DLFRX?
DoubleLine Floating Rate Fund - Class N (DLFRX) holds an AI score of 49/100 (low). Not financial advice.
How frequently does DLFRX data refresh on this page?
DLFRX prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven DLFRX's recent stock price performance?
DoubleLine Floating Rate Fund - Class N (DLFRX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: High dividend yield of 6.64% provides an attractive income stream. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider DLFRX overvalued or undervalued right now?
Valuing DoubleLine Floating Rate Fund - Class N (DLFRX) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying DLFRX?
Before investing in DoubleLine Floating Rate Fund - Class N (DLFRX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding DLFRX to a portfolio?
Key strength of DoubleLine Floating Rate Fund - Class N (DLFRX): High dividend yield of 6.64% provides an attractive income stream. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available data and may be subject to change.
- AI analysis is pending and may provide further insights.