DMBS

DoubleLine Mortgage ETF

$49.65

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The DoubleLine Mortgage ETF (DMBS) seeks to provide current income by investing primarily in mortgage-backed securities.

Overview

ETF tracking DoubleLine Mortgage ETF

Category Real Estate

Issuer Other

Inception Date 2023-04-04

Market Cap $529.2M

Average Volume N/A

Dividend Yield 4.13%

52-Week Range $47.39 - $50.16

VWAP $49.67

Performance

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Investment Summary

📎 Investment Objective

The DoubleLine Mortgage ETF (DMBS) seeks to provide current income by investing primarily in mortgage-backed securities.

🎯 Investment Strategy

The fund invests in a diversified portfolio of mortgage-backed securities, including agency and non-agency residential mortgage-backed securities, as well as commercial mortgage-backed securities. The portfolio is actively managed to take advantage of opportunities in the mortgage-backed securities market.

✨ Key Features

Focuses on mortgage-backed securities to generate current income
Actively managed portfolio to capitalize on market conditions
Diversified exposure across agency and non-agency residential and commercial mortgage-backed securities
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of mortgage-backed securities may decline as interest rates rise
Credit risk: The risk of default or downgrade of the underlying mortgages or issuers
Prepayment risk: Homeowners may refinance or pay off their mortgages earlier than expected, affecting the fund's returns
Liquidity risk: Mortgage-backed securities may experience periods of reduced liquidity, which could affect the fund's ability to sell holdings

👤 Best For

The DoubleLine Mortgage ETF may be suitable for investors seeking current income and exposure to the mortgage-backed securities market. It may be most appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.