DBND

DoubleLine Opportunistic Core Bond ETF

$46.38
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The DoubleLine Opportunistic Core Bond ETF (DBND) seeks to provide total return by investing primarily in a portfolio of fixed-income instruments.

Overview

ETF tracking DoubleLine Opportunistic Core Bond ETF

Issuer Other
Inception Date 2022-04-05
Market Cap $548.2M
Average Volume N/A
Dividend Yield 4.00%
52-Week Range $44.88 - $46.90
VWAP $46.40

Performance

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Investment Summary

📎 Investment Objective

The DoubleLine Opportunistic Core Bond ETF (DBND) seeks to provide total return by investing primarily in a portfolio of fixed-income instruments.

🎯 Investment Strategy

The fund invests in a broad range of fixed-income securities, including U.S. government and agency securities, corporate bonds, mortgage-backed securities, and other asset-backed securities. The portfolio managers use a flexible, multi-sector approach to identify attractive investment opportunities across the fixed-income market.

✨ Key Features

  • Actively managed fixed-income ETF with a focus on total return
  • Invests across a variety of fixed-income sectors to capture opportunities
  • Utilizes DoubleLine's expertise in fixed-income portfolio management
  • Relatively low expense ratio compared to actively managed bond funds

⚠️ Primary Risks

  • Interest rate risk: The fund's holdings may decline in value if interest rates rise
  • Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
  • Liquidity risk: Some of the fund's holdings may be less liquid, which could impact pricing and the ability to sell positions
  • Sector concentration risk: The fund's performance may be more sensitive to developments in specific sectors of the fixed-income market

👤 Best For

The DoubleLine Opportunistic Core Bond ETF may be suitable for investors seeking a diversified, actively managed fixed-income investment as part of a broader portfolio. It may be particularly appealing to investors who value the potential for higher returns compared to traditional bond index funds, while still maintaining a focus on capital preservation.