DoubleLine Opportunistic Core Bond ETF

Frequently Asked Questions About DBND

What does DBND invest in?

Under typical market conditions, the Advisor intends to commit at least 80% of the fund's net assets, plus any leveraged capital, to fixed-income securities or other investments possessing comparable economic characteristics. The fund maintains the flexibility to invest in debt instruments across all credit quality tiers, including those that are unrated or fall into the sub-investment grade category (such as those rated BB+ or lower by S&P, Ba1 or lower by Moody's, or equivalent by other nationally recognized statistical rating organizations). This investment vehicle is classified as non-diversified.

What is the expense ratio of DBND?

DoubleLine Opportunistic Core Bond ETF (DBND) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is DBND's dividend yield?

DBND's trailing-twelve-month yield is 5.25%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DBND?

Effective duration measures DBND's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DBND's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DBND?

DBND's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of DBND?

Yield to maturity (YTM) is the total return you'd earn from DBND if every bond in the portfolio is held to maturity at the current price. DBND's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.