DABS Fees and Costs — DoubleLine Asset-Backed Securities ETF
Data updated: 2026-08-20
The net expense ratio is 0.40%. There are no sales loads or redemption fees. Portfolio turnover was 31%.
DABS Fees and Expenses
Annual operating expenses and sales charges of DABS. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DABS Costs Over Time
On $10,000 invested in DABS, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
DABS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $232.2M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
DABS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $144.4M | 70.03% |
| Goldman Sachs & Co. LLC | $11.9M | 5.78% |
| MUFG Securities Americas Inc. | $11.0M | 5.34% |
| Barclays Capital, Inc. | $10.0M | 4.87% |
| Deutsche Bank Securities Inc. | $7.6M | 3.66% |
| BofA Securities, Inc. | $5.2M | 2.53% |
| Mizuho Securities USA LLC | $4.9M | 2.35% |
| BMO Nesbitt Burns Securities Ltd. | $3.9M | 1.91% |
| Wells Fargo Securities, LLC | $3.6M | 1.77% |
| SMBC Nikko Securities America, Inc. | $3.6M | 1.76% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.