Financial advisors have been quick to embrace TOTL, helping the ETF gain momentum almost immediately following its February debut.
“The rapid takeoff by Gundlach’s ETF, however, is being spurred largely by an influx of advisors and other institutional investors. The sponsor of DoubleLine’s ETF, State Street Global Advisors, estimates that roughly 80% of TOTL’s inflow so far has come from advisors at wirehouses and RIAs,” reports Murray Coleman for Financial Advisor IQ.
What makes TOTL’s growth all the more impressive is, as Financial Advisor IQ notes, the ETF still is not available on all the ETF platforms advisors use, meaning some advisors still do not have access to the fastest-growing fund.
TOTL provides a methodical combination of traditional rate sensitive sectors with non-traditional credit sensitive areas to generate returns and diminish risk while helping advisors skirt risks found in traditional bond index.
SPDR DoubleLine Total Return Tactical ETF
