STOT seeks to maximize current income with a dollar- weighted average effective duration between one and three years. STOT is managed by Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine Capital, Philip Barach, DoubleLine president and Jeffrey Sherman.
EMTL seeks to provide high total return from current income and capital appreciation. EMTL is managed by Luz Padilla, director of DoubleLine’s International Markets Fixed Income Team, Mark Christensen and Su Fei Koo. The fund tries to maintain a weighted average effective duration between two and eight years through active security selection that combines bottom-up research with sovereign macro overlays.
The actively managed bank loan ETF options could provide investors with better exposure as a manager is more freely able to weave in and out of the fixed-income market. Blackstone/GSO, the subadvisor of SRLN, is one of the largest senior loan asset managers in the world.
Financial advisors who are interested in learning more about actively managed ETFs can register for the Tuesday, October 11 webcast here.