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DBND

GradeBNew York Stock Exchange Arca

DoubleLine Opportunistic Core Bond ETF

Core US Bond · DoubleLine · Inception 2022-03-31

$43.88−0.32 (−0.71%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Apr 8, 2022.
Intraday session: down, 61 prints from 44.20 to 43.88. Range 43.85 to 44.15. Use the arrow keys to read each point.$44.00$44.1010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$761M
1Y return
−0.5%
Yield · Last 12 months
4.89%
Volume · 30D
0.1M sh
NAV per share
$44.20
52W range
low $44.09high $47.05

The ETF.net DBND Grade

B

58/ 100

Rank 64 of 118 in US Aggregate Bond

Confidence High

Six-pillar profile for DBND. Scores out of 100: Cost 26, Risk 45, Mission 100, Tradability 67, Holdings 65, Durability 52. Strongest: Mission (100). Weakest: Cost (26). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 26
    Category rank86/118 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank18/100 · top 18%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    Category rank61/117 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 67
    Category rank23/118 · top 19%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank47/117 · top 40%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank69/118 · mid-pack

Graded as of Sep 22, 2026

Our read on DBND

ETF.net Research

BDoubleLine's core-bond sleeve, run active: it roams global fixed-income sectors and treats the Bloomberg US Aggregate as a scorecard, not a blueprint. Income lands monthly.

Stated mandate

The fund seeks to maximize current income and total return over a full market cycle by actively allocating across global fixed-income sectors.

Why people hold it

  1. 01Actively allocates across global fixed-income sectors, seeking current income and total return over a full market cycle. Not an index clone of the Agg.doubleline.com
  2. 02Pays monthly, so the income shows up on a paycheck-like rhythm rather than quarterly.
  3. 03The portfolio matches what the documents promise about as closely as this cohort gets, and the fund sits in the upper half of a crowded aggregate-bond field.

Worth knowing

  1. 01At 0.45%, it costs more than the typical fund in its cohort, and far more than plain Agg trackers like AGG, BND and SPAB at 0.03%. Active management is the thing you're paying for.
  2. 02Active sector calls mean the ride can look different from the Agg in either direction. The benchmark is a reference point, not a leash.
  3. 03Launched in 2022, so its live track record is short next to index rivals that have been grinding away for decades.

DBND Holdings

As of Sep 21, 2026, 3:49 AM
Asset class
Bonds
Holdings
Top-10 weight
22%
Largest holding
T 0 5/8 08/15/304.6%

Sectors

  • Communication44.8%
  • Technology32.2%
  • Industrials23.0%
The fund’s holdings, weight-ordered — page 1 of 87.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001T 0 5/8 08/15/304.59%41,000,000$35M11
002T 0 7/8 11/15/304.31%38,400,000$33M11
003T 0 5/8 05/15/303.76%33,200,000$29M11
004DoubleLine Emerging Markets Lo2.83%2,239,125$21M1
005DoubleLine Global Bond Fund2.40%2,141,956$18M1
006NET OTHER ASSETS1.20%9,080,954$9M134
007DREYFUS GOVERN CASH GNT-INS0.88%6,653,681$7M24
008MSILF Government Portfolio0.85%6,457,984$6M24
009Northern Institutional Funds -0.85%6,457,984$6M10
010VERUS 2026-INV1 A10.78%6,000,000$6M1
011T 0 3/4 01/31/280.78%6,250,000$6M12
012PRKCM 2026-AFC5 A10.65%4,989,983$5M1
013VERUS 2026-R2 M10.63%5,000,000$5M1
014FR SD30810.62%4,822,036$5M1
015PRPM 2025-NQM4 M10.61%4,700,000$5M1

Showing 1–15 of 1299 holdings

DBND Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DBND$9,951
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DBND $9,951. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DBND. Periods over one year show the average yearly return.
PeriodDBND
Year to date−1.6%
1 month−1.3%
3 months−1.5%
1 year−0.5%
3 years+4.7%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DBND
YearReturn barDBND
2026 YTD−1.6%
2025+7.4%
2024+3.0%
2023+6.3%
2022−5.7%

History from Apr 8, 2022

DBND in the news

ETF.net Research hasn’t filed on DBND yet — coverage lands here as it’s written.

DBND Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.89%Last 12 months
Payout per share
$2.16Last 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.12; Mar 1, 2023 $0.14; Apr 3, 2023 $0.14; May 1, 2023 $0.16; Jun 1, 2023 $0.18; Jul 3, 2023 $0.18; Aug 1, 2023 $0.17; Sep 1, 2023 $0.18; Oct 2, 2023 $0.19; Nov 1, 2023 $0.19; Dec 1, 2023 $0.18; Dec 22, 2023 $0.19; Feb 1, 2024 $0.20; Mar 1, 2024 $0.19; Apr 1, 2024 $0.19; May 1, 2024 $0.20; Jun 3, 2024 $0.19; Jul 1, 2024 $0.21; Aug 1, 2024 $0.20; Sep 3, 2024 $0.20; Oct 1, 2024 $0.19; Nov 1, 2024 $0.19; Dec 2, 2024 $0.20; Dec 23, 2024 $0.20; Feb 3, 2025 $0.19; Mar 3, 2025 $0.18; Apr 1, 2025 $0.19; May 1, 2025 $0.18; Jun 2, 2025 $0.18; Jul 1, 2025 $0.19; Aug 1, 2025 $0.19; Sep 2, 2025 $0.18; Oct 1, 2025 $0.18; Nov 3, 2025 $0.20; Dec 1, 2025 $0.17; Dec 23, 2025 $0.20; Feb 2, 2026 $0.17; Mar 2, 2026 $0.17; Apr 1, 2026 $0.19; May 1, 2026 $0.17; Jun 1, 2026 $0.17; Jul 1, 2026 $0.18; Aug 3, 2026 $0.20; Sep 1, 2026 $0.16. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 8, 2026$0.16
Aug 3, 2026Aug 7, 2026$0.20
Jul 1, 2026Jul 8, 2026$0.18
Jun 1, 2026Jun 5, 2026$0.17
May 1, 2026May 7, 2026$0.17
Apr 1, 2026Apr 8, 2026$0.19
Mar 2, 2026Mar 6, 2026$0.17
Feb 2, 2026Feb 6, 2026$0.17
Dec 23, 2025Dec 30, 2025$0.20
Dec 1, 2025Dec 5, 2025$0.17
Nov 3, 2025Nov 7, 2025$0.20
Oct 1, 2025Oct 7, 2025$0.18

DBND Risk

How much the fund’s monthly returns vary, scaled to a year.
5.5%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.02
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−9.2%
53 months · trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.98
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DBND Cost

Expense ratio0.45%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

79 of the 112 US Aggregate Bond funds charge less.

DBND costs $45.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.