Key stats
About DoubleLine Opportunistic Core Bond ETF
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Inception date
Mar 31, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Doubleline ETF Adviser LP
Distributor
Foreside Fund Services LLC
ISIN
US25861R1059
DBND has free range in the bond space in seeking to maximize current income and total return. The fund relies on the expertise of the fund managers to select securities issued/guaranteed by the government, corporate debt, MBS, ABS, collateralized obligations, and foreign market fixed income securities, with no limitations to denomination and credit quality. Up to 50% of the fund may be invested in junk bonds. A controlled risk approach is used to regulate the principal risk components of the market, also considering sector fundamentals, relative valuations, liquidity conditions, projections of the yield curve, interest rates, and current fiscal policy. The fund employs continuous monitoring of individual securities and weightings across varying sectors. The fund managers aim to control the fund's interest rate risk exposure by maintaining a dollar-weighted average effective duration of two to eight years. Prior to Feb. 3, 2025, the fund was named DoubleLine Opportunistic Bond ETF.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Corporate
Government
Stock breakdown by region
Top 10 holdings
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DBND assets under management is 551.92 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DBND invests in bonds. See more details in our Analysis section.
DBND expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DBND isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, DBND pays dividends to its holders with the dividend yield of 4.82%.
DBND shares are issued by Doubleline ETF Holdings LP
DBND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 31, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.