DoubleLine Mortgage ETF
DMBS
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 2002 North Tampa Street, Suite 200 Tampa FL United States of America 33602
- IPO Date
- Apr 6, 2023
- Website
- doubleline.com
- Similar Companies
- Business
- DoubleLine ETF Trust - DoubleLine Mortgage ETF (NYSE Arca: DMBS) is an actively managed exchange-traded fund that seeks total return exceeding the Bloomberg U.S. Mortgage-Backed Securities Index over a full market cycle by investing primarily in high-quality residential mortgage-backed securities (RMBS), including government-backed Agency RMBS issued or guaranteed by entities such as Fannie Mae, Freddie Mac, and Ginnie Mae; non-Agency RMBS; and other residential mortgage-related securities rated investment grade at purchase. The fund allocates between Agency pass-through securities, collateralized mortgage obligations (CMOs), to-be-announced (TBA) securities, non-qualified mortgage (Non-QM) loans, and credit risk transfer (CRT) securities, with active management focused on security selection through loan-level analytics, scenario analysis, and risk mitigation for interest rate, credit, and prepayment exposures to deliver enhanced risk-adjusted returns. Portfolio characteristics include a weighted-average duration of approximately 5.70 years, weighted-average life of 8.65 years, and a credit quality breakdown predominantly AAA-rated (over 100% due to leverage adjustments), with minor allocations to AA, A, and BBB securities. Launched on March 31, 2023, as part of DoubleLine ETF Trust, DMBS represents an expansion of DoubleLine Capital LP's ETF platform, which initiated with the DoubleLine Opportunistic Bond ETF and DoubleLine Shiller CAPE U.S. Equities ETF in April 2022 and added the companion DoubleLine Commercial Real Estate ETF (DCMB) concurrently in April 2023. The fund is managed by a team led by Jeffrey Gundlach, DoubleLine's CEO and Chief Investment Officer, alongside Vitaliy Liberman and Ken Shinoda, leveraging DoubleLine's expertise in mortgage sectors. DoubleLine Capital LP, founded in December 2009 and headquartered in Tampa, Florida, with additional offices in Los Angeles, Dubai, Tokyo, and London, operates DMBS through its subsidiary DoubleLine ETF Adviser LP across U.S. fixed income markets targeting institutional and retail investors seeking mortgage exposure. No major acquisitions, funding rounds, partnerships, or strategic reorganizations specific to DoubleLine ETF Trust or DMBS have been reported in the last 1-2 years; the platform continues to emphasize organic growth in actively managed fixed income ETFs, with DMBS maintaining stable operations and net assets of approximately $397 million as of April 2025.