Introducing the DoubleLine Opportunistic Bond ETF (DBND): A Defensive Approach to Investing
At Extreme Investor Network, we are always on the lookout for unique investment opportunities that provide value to our members. That’s why we are excited to introduce the DoubleLine Opportunistic Bond ETF (DBND), a bond fund run by the top names at DoubleLine and outpacing the broader market with a total return of 3.2% over the past year.
What sets DBND apart is its defensive approach without fully committing to an imminent recession. Led by Jeffrey Sherman, the deputy chief investment officer at DoubleLine, and CEO-CIO Jeffrey Gundlach, the fund is seeing signs of a potential economic slowdown but not expecting dramatic interest rate cuts from the Federal Reserve.
Sherman emphasizes the importance of high-quality investments in the current market environment, with a focus on Treasurys, agency mortgages, and corporate credit tilted towards higher-rated issuers. The fund’s exposure to below investment grade bonds is at its lowest since inception, reflecting the tight spreads between safer and riskier debt.
With a duration of six years and a weighted average life of more than seven years, DBND behaves like any other intermediate fund, providing stability and active choices in different types of debt. The fund’s expense ratio of 0.50% and $270 million in assets make it a cost-effective option for investors looking to diversify their portfolio.
Join the growing trend of asset managers putting active investment strategies into ETFs and explore the DoubleLine Opportunistic Bond ETF (DBND) for a defensive yet rewarding approach to investing. At Extreme Investor Network, we strive to bring you the latest and most valuable investment opportunities to help you achieve your financial goals.