DoubleLine Opportunistic Core Bond ETF (DBND)
DoubleLine Opportunistic Core Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Tampa, FL, US. The stock last traded at $43.74, up 0.13% on the session, giving a market capitalisation of $710.6M. Its beta of 0.98 implies it has historically moved less than the broad market.
Under typical market conditions, the Advisor intends to commit at least 80% of the fund's net assets, plus any leveraged capital, to fixed-income securities or other investments possessing comparable economic characteristics. The fund maintains the flexibility to invest in debt instruments across all credit quality tiers, including those that are unrated or fall into the sub-investment grade category (such as those rated BB+ or lower by S&P, Ba1 or lower by Moody's, or equivalent by other nationally recognized statistical rating organizations). This investment vehicle is classified as non-diversified.
DoubleLine Opportunistic Core Bond ETF is most often compared with the following Financial Services names: