DMX

DoubleLine Multi-Sector Income ETF

$50.34
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The DoubleLine Multi-Sector Income ETF (DMX) seeks to provide current income by investing in a diversified portfolio of fixed-income securities across multiple sectors.

Overview

ETF tracking DoubleLine Multi-Sector Income ETF

Category Value
Issuer Other
Inception Date 2024-12-03
Market Cap $52.4M
Average Volume N/A
Dividend Yield 5.03%
52-Week Range $48.52 - $50.76
VWAP $50.33

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The DoubleLine Multi-Sector Income ETF (DMX) seeks to provide current income by investing in a diversified portfolio of fixed-income securities across multiple sectors.

🎯 Investment Strategy

The fund employs an active management approach, investing in a range of fixed-income assets including U.S. government securities, corporate bonds, mortgage-backed securities, and other debt instruments. The portfolio managers aim to generate income while managing risk through diversification and active security selection.

✨ Key Features

  • Actively managed multi-sector fixed-income fund
  • Invests across a range of debt securities to generate income
  • Seeks to manage risk through diversification and active management
  • No assets under management as of the provided information

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The risk of issuers defaulting on their debt obligations
  • Liquidity risk: The potential difficulty in selling certain holdings
  • Sector concentration risk: The fund's performance may be tied to the performance of specific sectors

👤 Best For

The DoubleLine Multi-Sector Income ETF may be suitable for investors seeking current income and diversification within their fixed-income allocation. However, given the lack of assets and performance history, investors should carefully consider the risks and do additional research before investing.