DoubleLine Ultrashort Income ETF (DLUX) Lists on NYSE Arca Exchange

Rhea-AI Summary

DoubleLine Ultrashort Income ETF (NYSE:DLUX) began trading on NYSE Arca on April 1, 2026. The actively managed ETF invests in a diversified portfolio of investment-grade, short-term U.S. dollar fixed income across government, securitized and corporate sectors.

The Fund targets a dollar-weighted effective duration of one year or less, is benchmarked to the ICE BofA U.S. 3-Month T-Bill Index, and charges a management fee of 18 bps. Portfolio managers named include Robert Cohen, Andrew Hsu and Vitaliy Liberman.

Positive

• Management fee of 18 basis points
• Target effective duration of one year or less
• Diversified exposure across government, securitized and corporate investment-grade securities
• Experienced leadership: named portfolio managers Robert Cohen, Andrew Hsu, Vitaliy Liberman
• Listed April 1, 2026 on NYSE Arca
• Tenth ETF launched by DoubleLine ETF Adviser LP

Negative

• None.

TAMPA, Fla., April 1, 2026 /PRNewswire/ -- The DoubleLine Ultrashort Income ETF (ticker DLUX), an exchanged-traded fund actively invested in a diversified portfolio of investment-grade, short-term securities in the government, securitized and corporate fixed income markets, listed today on the NYSE Arca exchange.

Leading the investment teams managing the DoubleLine Ultrashort Income ETF ("DLUX" or "the Fund") are Portfolio Managers Robert Cohen, head of DoubleLine's Global Developed Credit team; Andrew Hsu, head of the firm's Asset-Backed Securities team; and Vitaliy Liberman, head of the firm's Agency Residential Mortgage-Backed Securities team.

DLUX seeks to achieve attractive returns through the active management of liquidity, interest-rate and spread risks. Liquidity and credit characteristics of the portfolio are managed in an effort to provide optimal returns versus a short-duration index while maintaining liquidity and preserving capital.

Under normal market conditions, the portfolio managers seek to construct the Fund's investment portfolio with a dollar-weighted average effective duration of one year or less. Portfolio holdings will normally consist principally of investment-grade, U.S. dollar-denominated fixed income securities.

DLUX is benchmarked against the ICE BofA U.S. 3-Month T-Bill Index and has a management fee of 18 basis points (bps) of the Fund's average daily net asset value.

"DLUX is a natural extension of DoubleLine's active ETF suite," said Scott Thomson, Director, ETF Capital Markets, at DoubleLine. "The Fund is designed for investors seeking to enhance income and returns on their cash while avoiding the volatility of broader fixed income and equity market exposures. DLUX is a disciplined cash alternative that delivers DoubleLine's expertise and experience investing in and actively allocating across securitized, corporate and government securities."

DLUX is the tenth ETF launched by DoubleLine ETF Adviser LP. The other nine are fixed income funds DoubleLine Opportunistic Core Bond ETF (DBND), DoubleLine Mortgage ETF (DMBS), DoubleLine Commercial Real Estate Debt ETF (DCRE), DoubleLine Asset Backed-Securities ETF (DABS), DoubleLine Securitized Credit ETF (DSCO), DoubleLine Multi-Sector Income ETF (DMX); equity funds DoubleLine Shiller CAPE^® U.S. Equities ETF (CAPE) and DoubleLine Fortune 500 Equal Weight ETF (DFVE); and DoubleLine Commodity Strategy ETF (DCMT).

"As DoubleLine has invested in building differentiated ETF solutions for clients, we recognized a potential need in the ETF space for a short-maturity income offering focused, among its key objectives, on the importance of liquidity management," Mr. Thomson said. "I believe DLUX represents a timely addition to the ETF suite through which our team supports clients in achieving their investment and savings goals."

For more information on the DoubleLine exchange-traded funds (ETFs), please visit this webpage: https://doubleline.com/exchange-traded-funds/

Terms and Definitions

A basis point equals one hundredth of 1% or 0.01%.

Duration is a measure of the expected life of a fixed income instrument that is used to determine the sensitivity of a security's price to changes in interest rates.

Effective duration is a measure of the Fund's portfolio duration adjusted for the anticipated effect of interest rate changes on bond and mortgage prepayment rates as determined by DoubleLine ETF Adviser LP (the "Adviser").

ICE BofA U.S. 3-Month T-Bill Index is an unmanaged index comprising a single, on-the-run U.S. Treasury issue with approximately three months to final maturity, purchased at the beginning of each month and held for one full month. The index reflects the current three-month point on the U.S. Treasury yield curve.

Net asset value (NAV) of an entity is calculated as the total value of the entity's assets minus the total value of its liabilities. Most commonly used in the context of a mutual fund or an exchange-traded fund (ETF), the NAV represents the per share/unit price of the fund at a specific date or time.

About DoubleLine

DoubleLine ETF Adviser LP, adviser to the Ultrashort Income ETF, is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (813) 791-7333 or by email at ETFinfo@doubleline.com. Media can reach DoubleLine by email at media@doubleline.com. DoubleLine^® is a registered trademark of DoubleLine Capital LP.  

A fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The statutory prospectus and summary prospectus (if available) contain this and other important information about the fund and may be obtained by clicking here. In addition, a free hard copy is available by calling (855) 937-0772. Please read the prospectus carefully before investing.

Investing involves risk. Principal loss is possible.

Investing involves risk including the risk of principal loss. The fund's principal investment risks include active management risk, asset-backed securities investment risk, cash transactions risk, and collateralized debt obligations risk. For additional information about these and other fund risks, please refer to the "Principal Investment Risks" section of the prospectus. The fund is a "non-diversified" investment company and therefore, may invest a greater percentage of its assets in the securities of a single issuer or a limited number of issuers than funds that are "diversified". Accordingly, the fund is more susceptible to risk associated with a single economic, political, or regulatory occurrence than a diversified fund might be.

ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's shares may trade at a premium or discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF's ability to sell its shares. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.

DoubleLine ETFs are distributed by Foreside Fund Services, LLC.

View original content to download multimedia:https://www.prnewswire.com/news-releases/doubleline-ultrashort-income-etf-dlux-lists-on-nyse-arca-exchange-302731467.html

SOURCE DoubleLine

FAQ

What is DLUX ETF (NYSE:DLUX) and when did it list?

DLUX is an actively managed ultrashort income ETF that listed on NYSE Arca on April 1, 2026. According to the company, it invests in short-term, investment-grade U.S. dollar fixed income across government, securitized and corporate sectors as a cash alternative.

What management fee does the DoubleLine Ultrashort Income ETF (DLUX) charge?

DLUX charges a management fee of 18 basis points. According to the company, that fee applies to the Fund's average daily net asset value as the ongoing advisory cost.

What duration target does DLUX (NYSE:DLUX) pursue for its portfolio?

The Fund seeks a dollar-weighted effective duration of one year or less. According to the company, under normal market conditions managers construct the portfolio to manage liquidity, interest-rate and spread risks.

What benchmark does DoubleLine Ultrashort Income ETF (DLUX) use?

DLUX is benchmarked to the ICE BofA U.S. 3-Month T-Bill Index. According to the company, the index reflects the current three-month point on the U.S. Treasury yield curve.

Who manages the DoubleLine Ultrashort Income ETF (DLUX)?

Portfolio managers are Robert Cohen, Andrew Hsu and Vitaliy Liberman. According to the company, they lead teams across global developed credit, asset-backed securities and agency RMBS strategies.

How is DLUX positioned for investors seeking cash alternatives?

DLUX is positioned as a disciplined cash alternative focused on liquidity and capital preservation. According to the company, it aims to enhance income and returns while avoiding broader fixed income and equity volatility.