State Street to Liquidate DoubleLine Emerging Markets Fixed Income ETF July 21
STT•State Street Investment Management will liquidate its DoubleLine Emerging Markets Fixed Income ETF (EMTL), ending creations and redemptions on July 21, 2026, with trading suspended July 22 and proceeds distributed July 28. The move follows an ETF lineup review within its $1.94 trillion ETF portfolio under a $5 trillion asset management platform.
1. Liquidation Announcement
State Street Investment Management has decided to close and liquidate the DoubleLine Emerging Markets Fixed Income ETF (EMTL) following a strategic review of its ETF offerings. The decision reflects the firm's assessment of product alignment within its broader ETF lineup.
2. Liquidation Timeline and Process
Creations and redemptions for EMTL will cease at the close of business on July 21, 2026, with trading suspended on July 22, 2026. The ETF will liquidate its assets, distribute proceeds to shareholders of record on or about July 27, with payments expected by July 28.
3. Implications for Shareholders and Operations
Shareholders remaining on the liquidation date will receive cash proceeds in lieu of ETF shares, incurring potential tax and transaction considerations. The closure reduces the firm's total ETF count, potentially streamlining operations within its $1.94 trillion ETF platform out of $5 trillion total assets under management.
