DSL (DoubleLineome Solutions Fund) Forward Rate of Return (Yacktman) %: 9.85% (As of Sep. 2025) — Near Median

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DSL DoubleLine Income Solutions Fund DSL
36 GF Score
Price $10.51
GF Value $3.58
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is DoubleLineome Solutions Fund Forward Rate of Return (Yacktman) %?

DoubleLineome Solutions Fund DSL -0.28% 36 Forward Rate of Return (Yacktman) % is 9.85% as of Sep. 2025, which is 5% above its 10-year median of 9.34. GuruFocus rates DSL with a GF Score™ of 36/100 and a GF Value™ of $3.58 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,172 Asset Management companies, DoubleLineome Solutions Fund ranks better than 74.32% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. DoubleLineome Solutions Fund's forward rate of return for was 9.85%.

The historical rank and industry rank for DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % or its related term are showing as below:

DSL' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 6.64   Med: 9.34   Max: 13.47
Current: 12.64

During the past 10 years, DoubleLineome Solutions Fund's highest Forward Rate of Return was 13.47. The lowest was 6.64. And the median was 9.34.

DSL's Forward Rate of Return (Yacktman) % is ranked better than
74.32% of 1172 companies
in the Asset Management industry
Industry Median: 4.465 vs DSL: 12.64

Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


DoubleLineome Solutions Fund  (NYSE:DSL) Forward Rate of Return (Yacktman) % Explanation

Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of Book Value per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.


Be Aware

In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.


DoubleLineome Solutions Fund Forward Rate of Return (Yacktman) % Related Terms


DoubleLineome Solutions Fund Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DoubleLineome Solutions Fund Forward Rate of Return (Yacktman) % Chart

DoubleLineome Solutions Fund Annual Data
Trend Sep15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.87 10.42 10.60 8.32 9.85

DoubleLineome Solutions Fund Semi-Annual Data
Sep15 Mar16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 8.32 0.00 9.85 0.00

DSL vs JFR, ASA, MSDL: Forward Rate of Return (Yacktman) % Comparison

For the Asset Management subindustry, DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DoubleLineome Solutions Fund Forward Rate of Return (Yacktman) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % falls into.


DSL
36GF Score
DoubleLine Income Solutions Fund DSL
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DoubleLineome Solutions Fund Forward Rate of Return (Yacktman) % Calculation

Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

DoubleLineome Solutions Fund's Forward Rate of Return of Sep. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year Book Value Growth Rate
=2.03933333/12.28+-0.0676
=9.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Rate of Return (Yacktman) % of 9.85% mean?
DoubleLineome Solutions Fund (DSL) has a Forward Rate of Return (Yacktman) % of 9.85% as of Sep. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on DoubleLineome Solutions Fund and its competitors. This is near median its historical median of 9.34. Over the past decade, DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % has ranged from 6.64 to 13.47. According to the industry distribution chart, DoubleLineome Solutions Fund ranks #301 out of 1172 companies in the Asset Management industry, placing it in the top 25.7%.
Is DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % too high?
DoubleLineome Solutions Fund's current Forward Rate of Return (Yacktman) % of 9.85% is near median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 6.64 to a high of 13.47. The Asset Management industry median Forward Rate of Return (Yacktman) % is 4.47. DoubleLineome Solutions Fund's value of 9.85% is 120.6% above this industry median. Based on the distribution chart, DoubleLineome Solutions Fund ranks #301 out of 1172 companies in the Asset Management industry, which is above the industry midpoint. Overall, DoubleLineome Solutions Fund has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DoubleLineome Solutions Fund's Forward Rate of Return (Yacktman) % compare to JFR and ASA?
According to the Asset Management industry distribution chart, DoubleLineome Solutions Fund ranks #301 out of 1172 companies for Forward Rate of Return (Yacktman) %. This puts DoubleLineome Solutions Fund in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.47. DoubleLineome Solutions Fund's value of 9.85% is 120.6% above this benchmark. Historically, DoubleLineome Solutions Fund's own Forward Rate of Return (Yacktman) % has ranged from 6.64 to 13.47 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 4.47, DoubleLineome Solutions Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for an Asset Management company?
The median Forward Rate of Return (Yacktman) % among Asset Management companies is 4.47, based on 1,172 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DoubleLineome Solutions Fund's current Forward Rate of Return (Yacktman) % of 9.85% is 120.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on DoubleLineome Solutions Fund and its competitors. For the Asset Management industry, the median Forward Rate of Return (Yacktman) % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DoubleLineome Solutions Fund's current Forward Rate of Return (Yacktman) % is 9.85%, which is near median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DoubleLineome Solutions Fund stock overvalued right now?
Based on GuruFocus' analysis, DoubleLineome Solutions Fund (DSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.58, compared to a current price of $10.51 — trading 193.6% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 9.85%, which is near median its 10-year median of 9.34 and 120.6% above the Asset Management industry median of 4.47. DoubleLineome Solutions Fund's overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For DoubleLineome Solutions Fund (DSL), the current Forward Rate of Return (Yacktman) % is 9.85% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DoubleLineome Solutions Fund (DSL) Overvalued in 2026?

Based on GuruFocus' analysis, DoubleLineome Solutions Fund stock appears to be overvalued. The current stock price of $10.51 is trading 193.6% above its estimated GF Value™ of $3.58. GuruFocus considers DoubleLineome Solutions Fund to be Significantly Overvalued.

Key valuation signals for DSL:

  • Forward Rate of Return (Yacktman) %: 9.85% (near median its 10-year median of 9.34)
  • GF Value™: $3.58 vs. price of $10.51 (193.6% above fair value)
  • GF Score™: 36/100 with 3 warning signs
  • Industry Position: 120.6% above the Asset Management median (#301 of 1172)

No single metric tells the full story. See the DSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DoubleLineome Solutions Fund Business Description

Address 2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
DoubleLine Income Solutions Fund is a closed-end management investment company. Its primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in debt securities and other income-producing investments anywhere in the world, including emerging markets. The company's investment portfolio comprises foreign corporate bonds, U.S. corporate bonds, bank loans, collateralized loan obligations, non-agency commercial mortgage backed obligations, asset-backed obligations, and municipal bonds among others.
36GF Score

Get the complete analysis for DSL

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.51
Price
$3.58
GF Value