DMX Fees and Costs — DoubleLine Multi-Sector Income ETF
Data updated: 2026-08-20
The net expense ratio is 0.50%. There are no sales loads or redemption fees. Portfolio turnover was 54%.
DMX Fees and Expenses
Annual operating expenses and sales charges of DMX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
DMX Costs Over Time
On $10,000 invested in DMX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
DMX 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): $164.0M
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
DMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $99.9M | 67.53% |
| BofA Securities, Inc. | $8.8M | 5.92% |
| Citigroup Global Markets Inc. | $8.2M | 5.56% |
| Morgan Stanley & Co. LLC | $7.1M | 4.80% |
| Goldman Sachs & Co. LLC | $6.5M | 4.40% |
| Wells Fargo Securities, LLC | $4.6M | 3.10% |
| Barclays Capital, Inc. | $4.4M | 2.95% |
| Jefferies LLC | $3.2M | 2.14% |
| Jane Street Execution Services, LLC | $2.8M | 1.91% |
| Nomura Securities International, Inc. | $2.5M | 1.67% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.