- What does DSCO invest in?
- The DoubleLine Securitized Credit ETF, or DSCO, is primarily designed to generate significant current income for investors. It achieves this by allocating capital to a diverse array of U.S. dollar-denominated securitized credit instruments, which include those backed by mortgages, various types of loans, receivables, or other comparable forms of debt. The fund's investment approach is flexible, allowing for direct holdings as well as the utilization of derivatives or synthetic instruments. The portfolio can span a wide spectrum of securitized credit asset classes, encompassing securities of any credit quality or maturity period. Notably, up to half of its assets may be allocated to higher-yielding, though potentially riskier, bonds. When evaluating mortgage-backed securities (MBS), key considerations include their potential return, average life, underlying collateral, the issuer's financial strength, market dynamics (supply and demand), and how their risks correlate with other holdings. Asset-backed securities (ABS) are chosen to achieve varied risk-return characteristics, while Collateralized Loan Obligations (CLOs) are sought for their income potential, portfolio diversification benefits, and overall quality. DSCO employs a disciplined, risk-managed strategy, proactively adjusting its investment approaches and portfolio duration in response to evolving market conditions and economic outlooks. To maintain flexibility and manage risk, the fund also has the option to hold cash, employ hedging instruments, or engage in short selling. It's important to note that prior to February 2, 2026, DSCO existed as a mutual fund under the name DoubleLine Securitized Credit Fund, which commenced operations with approximately $154 million in assets.
- What is the expense ratio of DSCO?
- DoubleLine Securitized Credit ETF (DSCO) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.
- What is DSCO's dividend yield?
- DSCO's trailing-twelve-month yield is 3.26%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of DSCO?
- Effective duration measures DSCO's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DSCO's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of DSCO?
- DSCO'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 DSCO?
- Yield to maturity (YTM) is the total return you'd earn from DSCO if every bond in the portfolio is held to maturity at the current price. DSCO'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.
