DoubleLine Multi-Sector Income ETF (DMX)

The DoubleLine Multi-Sector Income ETF (DMX) is an actively managed fixed income fund from DoubleLine. It seeks to generate a high level of current income by allocating across a broad range of debt sectors rather than concentrating in a single segment of the bond market.

The portfolio can include securitized debt such as mortgage-backed and asset-backed securities, corporate bonds, bank loans, government securities and emerging-market debt, spanning both investment-grade and below-investment-grade credit. DoubleLine's managers shift allocations among these sectors based on their view of relative value, credit conditions and interest-rate risk.

The fund is designed for investors seeking income from a single diversified bond portfolio, with DoubleLine handling the sector rotation and security selection that would otherwise require holding several specialized funds. Its returns are influenced by both interest-rate movements and changes in credit spreads.