Doubleline Etf Trust - Mortgage ETF

Frequently Asked Questions About DMBS

What does DMBS invest in?

DoubleLine ETF Trust - DoubleLine Mortgage ETF is an exchange traded fund launched and managed by DoubleLine ETF Adviser LP. The fund invests in fixed income markets of the United States. The fund invests in investment grade residential mortgage-backed securities and other residential mortgage-related securities issued and guaranteed by the U.S. government, its agencies, instrumentalities or sponsored corporations such as the government national mortgage association, the federal national mortgage association or the federal home loan mortgage corporation. The fund invests in securities with a dollar-weighted average effective duration within two years. It seeks to benchmark the performance of its portfolio against the Bloomberg US Mortgage-Backed Securities (MBS) Index and the Bloomberg US Aggregate Bond Index. DoubleLine ETF Trust - DoubleLine Mortgage ETF was formed on March 31, 2023 and is domiciled in the United States.

What is the expense ratio of DMBS?

Doubleline Etf Trust - Mortgage ETF (DMBS) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is DMBS's dividend yield?

DMBS's trailing-twelve-month yield is 5.62%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DMBS?

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

What is the credit quality of DMBS?

DMBS'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 DMBS?

Yield to maturity (YTM) is the total return you'd earn from DMBS if every bond in the portfolio is held to maturity at the current price. DMBS'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.