The DoubleLine Multi-Sector Income ETF (DMX) employs a multi-sector strategy that allocates across both securitized income and corporate credit markets, including investment grade credit, high yield credit, bank loans and various securitized asset sectors such as non-Agency residential mortgage-backed securities and collateralized loan obligations. The strategy aims to generate high income with low volatility, making it a complement to traditional core portfolios. Portfolio Manager Robert Cohen emphasizes the importance of active management, stating, “In an environment when spreads are tight, and there’s nothing obviously cheap, that’s when active management becomes a lot more important.” The fund benefits from DoubleLine’s collaborative approach that draws upon more than 90 investment professionals, which allows for real-time security selection and targets areas with the highest return potential. With attractive yields across credit sectors, DMX looks to capitalize on the possibility for credit to outperform equities in 2025, providing high-single-digit returns with much less volatility than equities. Filmed November, 2024.
Link to the Multi-Sector Income ETF Prospectus
DoubleLine ETFs are distributed by Foreside Fund Services, LLC.
Mr. Cohen joined DoubleLine’s Global Developed Credit (“GDC”) Group in 2012. He is a Portfolio Manager and the Director of the GDC group. He is also a permanent member of the Fixed Income Asset Allocation Committee. Prior to DoubleLine, Mr. Cohen was a Senior Credit Analyst at West Gate Horizons Advisors (and its predecessor ING Capital Advisors) where he worked as an Analyst covering bank loans and high yield bonds. Prior to ING, he was an Assistant Vice President in the Asset Management Group of Union Bank where he managed a diversified portfolio of leveraged loans as well as a portfolio of CDO securities. Previous to Union Bank, he was an Associate Director of Corporate and Investment Banking at the Bank of Montreal in its Natural Resources Group. Mr. Cohen holds a B.A. in Economics from the University of Arizona and an MBA from the University of Southern California. He is a CFA® charterholder.
