DoubleLine Multi-Sector Income ETF

DMX

Market cap $82.6M

DoubleLine has launched the DoubleLine Ultrashort Income ETF (DLUX), an active ETF designed to optimize returns while maintaining high liquidity and low interest-rate risk. Priced at 18 basis points, DLUX provides a high-quality “fairway” trade for advisors seeking to capture yield without exposure to the extreme volatility of the current rate environment.

Today, DoubleLine Capital launched the DoubleLine Multi-Sector Income ETF (DMX) on the NYSE Arca.  With a net expense ratio of 0.49%, the actively managed DMX seeks to generate yield.