DoubleLine Opportunistic Core Bond ETF to Rename and Lower Fees Starting in February 2025
Exciting Changes for DoubleLine ETF
DoubleLine ETF Adviser LP announced that its actively managed exchange-traded fund, the DoubleLine Opportunistic Bond ETF, will undergo a name change and a reduction in its management fee starting February 3, 2025. The ETF, currently known by its ticker symbol DBND, will henceforth be called the DoubleLine Opportunistic Core Bond ETF. This change aims to better align the fund’s identity with its investment strategy and position within DoubleLine's broader financial offerings.
Reasons for the Name Change
According to DoubleLine’s Deputy Chief Investment Officer, Jeffrey Sherman, the name alteration reflects the fund's role within the multi-sector strategies managed through the Fixed Income Asset Allocation (FIAA) process at DoubleLine. By incorporating