DoubleLine Launches New Exchange-Traded Funds DMBS and DCMB
Retrieved on:
Tuesday, April 4, 2023
S&P, MBS, Mortgage loan, RMBS, Commercial property, Government, Thought, ETF, Bloomberg, AAA, Investment, NYSE Arca, Agency, Risk, Bloomberg US Aggregate Bond Index, CMBS, Commercial, United States Department of the Treasury, CRE, Fund, DCMB, Real estate, Financial adviser, Credit, Security (finance), Bank
TAMPA, Fla., April 4, 2023 /PRNewswire/ -- The DoubleLine Mortgage ETF (Symbol: DMBS) and the DoubleLine Commercial Real Estate ETF (DCMB), exchange-traded funds invested in fixed income securities actively managed by DoubleLine, began trading today on the NYSE Arca exchange.
Key Points:
- TAMPA, Fla., April 4, 2023 /PRNewswire/ -- The DoubleLine Mortgage ETF (Symbol: DMBS) and the DoubleLine Commercial Real Estate ETF (DCMB), exchange-traded funds invested in fixed income securities actively managed by DoubleLine, began trading today on the NYSE Arca exchange.
- "We are pleased to deliver these two unique exchange-traded funds to the marketplace as DoubleLine continues to broaden our ETF offerings to our valued clients," DoubleLine President Ron Redell said.
- The Mortgage ETF invests primarily in high-quality residential mortgage-backed securities (RMBS), allocating between government-backed Agency mortgage-backed securities (MBS) and non-Agency MBS.
- The objective of the DoubleLine Commercial Real Estate ETF (or "Commercial Real Estate ETF") is to seek current income and capital preservation.