DoubleLine Capital launched DoubleLine Commerical Real Estate ETF (DCMB) and DoubleLine Mortgage ETF (DMBS), its next set of ETFs.

 

DoubleLine Capital launched DoubleLine Commerical Real Estate ETF (DCMB) and DoubleLine Mortgage ETF (DMBS), its next set of ETFs.  DoubleLine's CEO Jeffery Gundlach recently said a recession is probably four months away.  DCMB invests in investment-grade commercial mortgage-backed securities and has an expense ratio of 0/39%. DMBS, with Jeffery Gundlach in the management team, invests in high-quality residential mortgage-backed securities at an expense ratio of 0.49%.  Both the funds follow DoubleLine's inaugural ETFs, Opportunistic Bond ETF and Shiller CAPE US Equities ETF, which accumulated $375M worth of assets.