DoubleLine Launches Ultrashort Income ETF with 18bps Fee and One-Year Duration
DoubleLine’s Ultrashort Income ETF began trading on NYSE Arca April 1, 2026, with a diversified portfolio of investment-grade, U.S. dollar-denominated government, securitized and corporate short-term bonds. The fund targets an effective duration of one year or less, tracks the ICE BofA 3-Month T-Bill Index and carries an 18 bps fee.
1. ETF Launch on NYSE Arca
The DoubleLine Ultrashort Income ETF began trading on NYSE Arca on April 1, 2026, providing investors with an actively managed fund focused on short-term investment-grade securities.
2. Investment Focus and Management Team
The fund’s portfolio is diversified across U.S. government, securitized and corporate short-term bonds, overseen by portfolio managers Robert Cohen, Andrew Hsu and Vitaliy Liberman, who target optimal liquidity and capital preservation.
3. Duration Target and Benchmarking
Under normal market conditions, the portfolio maintains a dollar-weighted average effective duration of one year or less and benchmarks performance against the ICE BofA U.S. 3-Month T-Bill Index.
4. Fee Structure and Positioning
The fund charges a management fee of 18 basis points and marks DoubleLine’s tenth ETF launch, designed to serve as a disciplined cash-alternative within its expanding suite of fixed income offerings.