DoubleLine Opportunistic Bond ETF
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.1%
1 yr return
1.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$245 M
Holdings in Top 10
33.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DBND - Profile
Distributions
- YTD Total Return -1.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 5.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDoubleLine Opportunistic Bond ETF
-
Fund Family NameDoubleLine Funds
-
Inception DateMar 31, 2022
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Sherman
Fund Description
DBND - Performance
Return Ranking - Trailing
Period | DBND Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.1% | -21.8% | 17.7% | N/A |
1 Yr | 1.2% | -26.4% | 18.0% | N/A |
3 Yr | N/A* | -29.6% | 52.0% | N/A |
5 Yr | N/A* | -33.0% | 28.7% | N/A |
10 Yr | N/A* | -27.0% | 12.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | DBND Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -31.8% | 18.4% | N/A |
2022 | N/A | -14.3% | 103.5% | N/A |
2021 | N/A | -20.2% | 60.6% | N/A |
2020 | N/A | -13.4% | 10.9% | N/A |
2019 | N/A | -12.3% | 4.1% | N/A |
Total Return Ranking - Trailing
Period | DBND Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.1% | -21.8% | 28.6% | N/A |
1 Yr | 1.2% | -26.4% | 38.5% | N/A |
3 Yr | N/A* | -29.6% | 52.0% | N/A |
5 Yr | N/A* | -33.0% | 29.9% | N/A |
10 Yr | N/A* | -27.0% | 16.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DBND Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | -31.8% | 18.4% | N/A |
2022 | N/A | -14.3% | 103.5% | N/A |
2021 | N/A | -20.2% | 60.6% | N/A |
2020 | N/A | -13.4% | 10.9% | N/A |
2019 | N/A | -12.3% | 4.7% | N/A |
DBND - Holdings
Concentration Analysis
DBND | Category Low | Category High | DBND % Rank | |
---|---|---|---|---|
Net Assets | 245 M | 100 | 124 B | 90.01% |
Number of Holdings | 556 | 2 | 8175 | 99.59% |
Net Assets in Top 10 | 79.8 M | -1.57 B | 20.5 B | 91.01% |
Weighting of Top 10 | 33.19% | 4.3% | 100.0% | N/A |
Top 10 Holdings
- U.S. Treasury Bonds 11.92%
- U.S. Treasury Notes 7.32%
- U.S. Treasury Bonds 5.60%
- UMBS, 30 Year 1.28%
- JPMorgan U.S. Government Money Market Fund - Class IM 1.25%
- Morgan Stanley Institutional Liquidity Funds Government Portfolio - Institutional Share Class 1.25%
- UMBS, 30 Year 1.21%
- UMBS, 30 Year 1.16%
- FNMA REMICS, Series 2019-5, Class FE 1.13%
- UMBS, 30 Year 1.08%
Asset Allocation
Weighting | Return Low | Return High | DBND % Rank | |
---|---|---|---|---|
Bonds | 90.78% | -150.81% | 188.92% | 96.82% |
Other | 8.04% | -25.82% | 276.99% | 63.49% |
Cash | 2.50% | -261.12% | 258.91% | 2.35% |
Stocks | 0.00% | -38.22% | 261.12% | 82.99% |
Preferred Stocks | 0.00% | 0.00% | 31.88% | 79.11% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 92.95% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DBND % Rank | |
---|---|---|---|---|
Cash & Equivalents | 2.50% | 0.00% | 100.00% | 0.28% |
Derivative | 0.00% | 0.00% | 72.98% | 80.56% |
Securitized | 0.00% | 0.00% | 99.65% | 96.39% |
Corporate | 0.00% | 0.00% | 100.00% | 97.22% |
Municipal | 0.00% | 0.00% | 54.26% | 72.22% |
Government | 0.00% | 0.00% | 99.43% | 92.50% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DBND % Rank | |
---|---|---|---|---|
US | 90.78% | -151.11% | 194.51% | 96.13% |
Non US | 0.00% | -136.75% | 90.11% | 97.37% |
DBND - Expenses
Operational Fees
DBND Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.01% | 6.46% | 94.09% |
Management Fee | 0.50% | 0.00% | 2.29% | 23.15% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
DBND Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DBND Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DBND Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | N/A |
DBND - Distributions
Dividend Yield Analysis
DBND | Category Low | Category High | DBND % Rank | |
---|---|---|---|---|
Dividend Yield | 5.22% | 0.00% | 17.29% | 86.36% |
Dividend Distribution Analysis
DBND | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DBND | Category Low | Category High | DBND % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.55% | 11.51% | N/A |
Capital Gain Distribution Analysis
DBND | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 07, 2024 | $0.196 | OrdinaryDividend |
Apr 05, 2024 | $0.189 | OrdinaryDividend |
Mar 07, 2024 | $0.186 | OrdinaryDividend |
Feb 07, 2024 | $0.201 | OrdinaryDividend |
Dec 29, 2023 | $0.191 | OrdinaryDividend |
Dec 07, 2023 | $0.181 | OrdinaryDividend |
Nov 07, 2023 | $0.193 | OrdinaryDividend |
Oct 06, 2023 | $0.193 | OrdinaryDividend |
Sep 08, 2023 | $0.180 | OrdinaryDividend |
Aug 07, 2023 | $0.172 | OrdinaryDividend |
Jul 10, 2023 | $0.181 | OrdinaryDividend |
Jun 07, 2023 | $0.175 | OrdinaryDividend |
May 05, 2023 | $0.164 | OrdinaryDividend |
Apr 10, 2023 | $0.144 | OrdinaryDividend |
Mar 07, 2023 | $0.140 | OrdinaryDividend |
Feb 07, 2023 | $0.118 | OrdinaryDividend |
Dec 30, 2022 | $0.172 | OrdinaryDividend |
Dec 07, 2022 | $0.136 | OrdinaryDividend |
Nov 07, 2022 | $0.157 | OrdinaryDividend |
Oct 07, 2022 | $0.161 | OrdinaryDividend |
Sep 08, 2022 | $0.159 | OrdinaryDividend |
Aug 05, 2022 | $0.151 | OrdinaryDividend |
Jul 08, 2022 | $0.142 | OrdinaryDividend |
Jun 07, 2022 | $0.131 | OrdinaryDividend |
May 06, 2022 | $0.035 | OrdinaryDividend |
DBND - Fund Manager Analysis
Managers
Jeffrey Sherman
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
As DoubleLine’s Deputy Chief Investment Officer, Jeffrey Sherman oversees and administers DoubleLine’s Investment Management sub-committee coordinating and implementing policies and processes across the investment teams. He also serves as lead portfolio manager for multi-sector and derivative-based strategies. He is a member of DoubleLine’s Executive Management and Fixed Income Asset Allocation Committees. Prior to joining DoubleLine in 2009, he was a Senior Vice President at TCW where he worked as a portfolio manager and quantitative analyst focused on fixed income and real-asset portfolios.
Jeffrey Gundlach
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Mr. Gundlach is CEO of DoubleLine. In 2011, he appeared on the cover of Barron's as "The New Bond King." In 2013, Institutional Investor named him "Money Manager of the Year." In 2012, 2015 and 2016, he was named one of "The Fifty Most Influential" in Bloomberg Markets. In 2017, he was inducted into the FIASI Fixed Income Hall of Fame. Mr. Gundlach is a summa cum laude graduate of Dartmouth College, with degrees in Mathematics and Philosophy.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.64 | 3.19 |