Opportunistic Bond ETF

  • 25861R105CUSIP
  • $45.83Market PriceAs of 09/29/2022
  • $45.73Closing NAVAs of 09/29/2022
  • 12,988Trading VolumeAs of 09/29/2022
  • 1,021,000Shares OutstandingAs of 09/29/2022
  • $46.693MAUMAs of 09/29/2022
  • 219Number of HoldingsAs of 09/29/2022
  • 3.22Gross 30-Day SEC YieldAs of 05/31/2022
  • 0.50%Gross Expense RatioAs of 03/31/22

Pricing & Premium/Discount
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. The performance information shown assumes the reinvestment of all dividends and distributions.

Fund Facts

Ticker DBND
Benchmark Bloomberg US Aggregate Bond Index
Fund Inception Date 3/31/2022

Investment Objective

The DoubleLine Opportunistic Bond ETF’s (the “Fund” or “Opportunistic Bond ETF”) investment objective is to seek to maximize current income and total return.

Investment Summary

The Opportunistic Bond ETF seeks to maximize current income and total return by investing in a universe of fixed income instruments, including U.S. government securities, agency mortgage-backed securities (MBS), non-agency MBS, commercial MBS, global developed credit, international fixed income instruments, and emerging markets fixed income instruments.

The value of the Fund’s shares will vary as its portfolio investments increase or decrease in value. Therefore, the value of your investment in the Fund could go down as well as up. You can lose money by investing in the Fund.  You should read all of the risk information in the prospectus carefully, because any one or more of those risks presented may result in losses to the Fund.

Alpha – Term used in investing to describe a strategy’s ability to beat the market, or its “edge.” Alpha is thus also often referred to as “excess return” or “abnormal rate of return,” which refers to the idea that markets are efficient, and so there is no way to systematically earn returns that exceed the broad market as a whole.

Diversification does not assure a profit or protect against loss in a declining market.


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Opportunistic Bond ETF

Pricing & Premium/Discount

The Fund listed on 4/5/2022. The number of days the Fund's shares traded at a premium or discount will be displayed in the table above following the completion of the current calendar quarter.

Bid/Ask Spread - The amount by which the ask price exceeds the bid price for an asset in the market. The bid-ask spread is essentially the difference between the highest price that a buyer is willing to pay for an asset and the lowest price that a seller is willing to accept.

Net Asset Value (NAV) – the price per share of the fund on a specific date or time. The NAV is the value of a fund's assets minus the value of its liabilities.

Closing Price – The final market price at which the fund traded at the end of the trading day. The closing price is considered the most accurate valuation of a security until trading resumes on the next trading day.

Premium/Discount – A premium or discount to the net asset value (NAV) occurs when the market price of an ETF on the exchange rises above or falls below its NAV. If the market price is higher than the NAV, the ETF is said to be trading at a "premium." If the price is lower, it is trading at a "discount."