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The historical rank and industry rank for DoubleLine Yield Opportunities Fund's Return-on-Tangible-Equity or its related term are showing as below:
DLY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.29 Med: 7.34 Max: 17.54
Current: 3.7
During the past 6 years, DoubleLine Yield Opportunities Fund's highest Return-on-Tangible-Equity was 17.54%. The lowest was -20.29%. And the median was 7.34%.
DLY's Return-on-Tangible-Equity is ranked worse than 64.34% of 1587
companies
in the Asset Management industry
Industry Median: 7.3
vs DLY: 3.70
DoubleLine Yield Opportunities Fund (NYSE:DLY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
DoubleLine Yield Opportunities Fund Return-on-Tangible-Equity Related Terms
DoubleLine Yield Opportunities Fund Return-on-Tangible-Equity Historical Data
* 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.
DoubleLine Yield Opportunities Fund Return-on-Tangible-Equity Chart
DLY vs MUA, BIT, SLRC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, DoubleLine Yield Opportunities Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
DoubleLine Yield Opportunities Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DoubleLine Yield Opportunities Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DoubleLine Yield Opportunities Fund's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -2.48% mean?
DoubleLine Yield Opportunities Fund (DLY) has a Return-on-Tangible-Equity of -2.48% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on DoubleLine Yield Opportunities Fund and its competitors. According to the industry distribution chart, DoubleLine Yield Opportunities Fund ranks #1021 out of 1587 companies in the Asset Management industry, placing it in the top 64.3%.
Is DoubleLine Yield Opportunities Fund's Return-on-Tangible-Equity too high?
DoubleLine Yield Opportunities Fund's current Return-on-Tangible-Equity is -2.48%. Based on the distribution chart, DoubleLine Yield Opportunities Fund ranks #1021 out of 1587 companies in the Asset Management industry, which is below the industry midpoint. Overall, DoubleLine Yield Opportunities Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DoubleLine Yield Opportunities Fund's Return-on-Tangible-Equity compare to MUA and BIT?
According to the Asset Management industry distribution chart, DoubleLine Yield Opportunities Fund ranks #1021 out of 1587 companies for Return-on-Tangible-Equity. This places DoubleLine Yield Opportunities Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.30, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on DoubleLine Yield Opportunities Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DoubleLine Yield Opportunities Fund's current Return-on-Tangible-Equity is -2.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DoubleLine Yield Opportunities Fund stock overvalued right now?
Based on GuruFocus' analysis, DoubleLine Yield Opportunities Fund (DLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.07, compared to a current price of $13.83 — trading 95.6% above its estimated fair value. The current Return-on-Tangible-Equity is -2.48%. DoubleLine Yield Opportunities Fund's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For DoubleLine Yield Opportunities Fund (DLY), the current Return-on-Tangible-Equity is -2.48% as of Mar. 2026. 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 DoubleLine Yield Opportunities Fund (DLY) Overvalued in 2026?
Based on GuruFocus' analysis, DoubleLine Yield Opportunities Fund stock appears to be overvalued.
The current stock price of $13.83 is trading 95.6% above its estimated GF Value™ of $7.07.
GuruFocus considers DoubleLine Yield Opportunities Fund to be Significantly Overvalued.
Key valuation signals for DLY:
Return-on-Tangible-Equity: -2.48%
GF Value™: $7.07 vs. price of $13.83 (95.6% above fair value)
No single metric tells the full story. See the DLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DoubleLine Yield Opportunities Fund is a diversified, limited-term, closed-end management investment company. Its investment objective is to seek a high level of total return, with an emphasis on current income. The company invests in debt securities and other income-producing investments of issuers anywhere in the world, including in emerging markets, and may invest in investments of any credit quality. Its investment portfolio comprises foreign corporate bonds, foreign government bonds, non-agency commercial mortgage-backed obligations, U.S. corporate bonds, collateralized loan obligations, and bank loans among other securities.
38GF Score
Get the complete analysis for DLY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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