ETF Central’s lead ETF analyst reports on the investment strategy and one-year anniversary performance of the DoubleLine Commercial Real Estate ETF. The report notes DCRE stands out as the sole ETF devoted to investment in commercial real estate debt via active management. Morris Chen, lead portfolio manager of the fund and head of the Commercial Mortgage Backed-Securities and Commercial Real Estate Debt team at DoubleLine, discusses the team's investment process and risk management via underwriting of each credit and portfolio diversification.
Mr. Chen joined DoubleLine at its inception in 2009. He is a Portfolio Manager leading the CMBS/CRE Debt Investment team and CRE New Investment Review Group, and is responsible for the oversight and management of all CRE Debt related investments at DoubleLine. Mr. Chen is a permanent member of the Fixed Income Asset Allocation and Structured Products Committees providing valued insight into the CMBS sector. He is also an active participant and speaker at CREFC events. Prior to DoubleLine, Mr. Chen was a Vice President at TCW where he was responsible for CMBS credit analysis and trading from 2004-2009. He holds a BS in Business Administration with concentrations in Business Development and Finance from the University of California, Riverside.
