DoubleLine ETF Trust NPORT-P DoubleLine Fortune 500 Equal Weight ETF (Jun 2024 report)

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Unaudited)

June

30,

2024

|

June

30,

2024

1

P

RINCIPAL

A

MOUNT

$/S

HARES

S

ECURITY

D

ESCRIPTION

R

ATE

M

ATURITY

V

ALUE

$

ASSET

BACKED

OBLIGATIONS

8.8%

Aaset

Trust

,

467,580

Series

2021-2A-A

2.80%

(a)

01/15/2047

423,449

500,000

Series

2024-1A-A1

6.26%

(a)

05/16/2049

501,665

Affirm

Asset

Securitization

Trust

,

352,928

Series

2023-X1-A

7.11%

(a)

11/15/2028

354,095

650,000

Series

2024-X1-B

6.34%

(a)

05/15/2029

652,258

Aligned

Data

Centers

Issuer

LLC

,

600,000

Series

2023-1A-A2

6.00%

(a)

08/17/2048

601,220

AMSR

Trust

,

2,100,000

Series

2023-SFR2-A

3.95%

(a)

06/17/2040

1,992,983

AREIT

Ltd.

,

200,000

Series

2024-CRE9-B

(CME

Term

SOFR

1

Month

+

2.54%,

2.54%

Floor)

7.87%

(a)

05/17/2041

200,360

Carvana

Auto

Receivables

Trust

,

832,523

Series

2023-P5-A2

5.77%

(a)

04/12/2027

832,103

Cologix

Data

Centers

US

Issuer

LLC

,

750,000

Series

2021-1A-A2

3.30%

(a)

12/26/2051

687,407

Compass

Datacenters

Issuer

II

LLC

,

500,000

Series

2024-1A-B

7.00%

(a)

02/25/2049

502,804

CyrusOne

Data

Centers

Issuer

I

LLC

,

500,000

Series

2023-1A-A2

4.30%

(a)

04/20/2048

471,573

DataBank

Issuer

,

500,000

Series

2023-1A-A2

5.12%

(a)

02/25/2053

479,516

Diamond

Resorts

Owner

Trust

,

115,490

Series

2021-1A-A

1.51%

(a)

11/21/2033

108,280

EWC

Master

Issuer

LLC

,

490,000

Series

2022-1A-A2

5.50%

(a)

03/15/2052

467,079

GLS

Auto

Receivables

Issuer

Trust

,

70,719

Series

2021-2A-C

1.08%

(a)

06/15/2026

70,436

Greystone

CRE

Notes

Ltd.

,

240,000

Series

2021-FL3-B

(CME

Term

SOFR

1

Month

+

1.76%,

1.65%

Floor)

7.09%

(a)

07/15/2039

237,521

Hilton

Grand

Vacations

Trust

,

197,327

Series

2022-1D-C

4.69%

(a)

06/20/2034

190,917

KREF

Ltd.

,

210,000

Series

2021-FL2-AS

(CME

Term

SOFR

1

Month

+

1.41%,

1.30%

Floor)

6.74%

(a)

02/15/2039

203,714

Lendbuzz

Securitization

Trust

,

461,485

Series

2022-1A-A

4.22%

(a)

05/17/2027

455,108

Lunar

Structured

Aircraft

Portfolio

Notes

,

777,608

Series

2021-1-A

2.64%

(a)

10/15/2046

697,683

MetroNet

Infrastructure

Issuer

LLC

,

300,000

Series

2023-1A-A2

6.56%

(a)

04/20/2053

307,205

Mosaic

Solar

Loan

Trust

,

543,755

Series

2018-2GS-A

4.20%

(a)

02/22/2044

500,546

Pagaya

AI

Debt

Trust

,

60,076

Series

2022-2-A

4.97%

(a)

01/15/2030

59,930

211,433

Series

2023-3-A

7.60%

(a)

12/16/2030

212,522

749,994

Series

2023-5-B

7.63%

(a)

04/15/2031

754,591

484,503

Series

2024-1-A

6.66%

(a)

07/15/2031

486,813

Progress

Residential

Trust

,

2,700,000

Series

2024-SFR2-A

3.30%

(a)

04/17/2041

2,474,510

2,500,000

Series

2024-SFR4-C

3.33%

(a)(b)

07/09/2029

2,233,698

Prosper

Marketplace

Issuance

Trust

,

423,868

Series

2023-1A-A

7.06%

(a)

07/16/2029

425,541

Retained

Vantage

Data

Centers

Issuer

LLC

,

500,000

Series

2023-1A-B

5.75%

(a)

09/15/2048

475,992

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Sabey

Data

Center

Issuer

LLC

,

650,000

Series

2024-1-A2

6.00%

(a)

04/20/2049

645,122

Santander

Drive

Auto

Receivables

Trust

,

271,883

Series

2020-4-D

1.48%

01/15/2027

268,554

SEB

Funding

LLC

,

498,750

Series

2021-1A-A2

4.97%

(a)

01/30/2052

476,711

SERVPRO

Master

Issuer

LLC

,

498,750

Series

2024-1A-A2

6.17%

(a)

01/25/2054

503,507

Sierra

Timeshare

Receivables

Funding

LLC

,

185,077

Series

2019-2A-A

2.59%

(a)

05/20/2036

184,750

SMB

Private

Education

Loan

Trust

,

672,836

Series

2021-A-B

2.31%

(a)

01/15/2053

632,607

Subway

Funding

LLC

,

300,000

Series

2024-1A-A23

6.51%

(a)

07/30/2054

306,474

Switch

ABS

Issuer

LLC

,

500,000

Series

2024-2A-B

6.20%

(a)

06/25/2054

483,896

Theorem

Funding

Trust

,

187,528

Series

2023-1A-A

7.58%

(a)

04/15/2029

189,222

TierPoint

Issuer

LLC

,

500,000

Series

2023-1A-A2

6.00%

(a)

06/25/2053

494,315

Upstart

Securitization

Trust

,

246,321

Series

2021-4-B

1.84%

(a)

09/20/2031

243,445

681,358

Series

2021-5-B

2.49%

(a)

11/20/2031

673,991

VOLT

C

LLC

,

298,119

Series

2021-NP10-A1

4.99%

(a)(c)

05/25/2051

293,055

256,197

Series

2021-NPL9-A1

4.99%

(a)(c)

05/25/2051

251,226

Washington

Mutual

WMABS

Trust

,

3,559,581

Series

2007-HE2-

2A2

(CME

Term

SOFR

1

Month

+

0.33%,

0.22%

Floor)

5.68%

02/25/2037

999,116

Total

Asset

Backed

Obligations

(Cost

$24,524,594)

24,707,510

BANK

LOANS

3.1%

1011778

B.C.

Unlimited

Liability

Co.

,

69,825

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

1.75%)

7.09%

09/20/2030

69,737

Access

CIG

LLC

,

129,261

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

5.00%,

0.50%

Floor)

10.33%

08/18/2028

130,251

Acrisure

LLC

,

100,299

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%)

8.59%

11/06/2030

100,300

Acuris

Finance

U.S.,

Inc.

,

70,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.00%,

0.50%

Floor)

9.48%

02/16/2028

70,102

2

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

ADMI

Corp.

,

64,605

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.50%

Floor)

9.21%

12/23/2027

63,434

Air

Canada

,

44,888

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.50%)

7.85%

03/21/2031

45,007

Alliant

Holdings

Intermediate

LLC

,

109,450

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%,

0.50%

Floor)

8.84%

11/06/2030

109,843

Allied

Universal

Holdco

LLC

,

163,663

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.50%

Floor)

9.19%

05/12/2028

163,219

Allspring

Buyer

LLC

,

124,227

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%,

0.50%

Floor)

8.82%

11/01/2028

124,115

Alterra

Mountain

Co.

,

89,086

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.59%

08/17/2028

89,495

Altice

France

SA

,

29,924

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

5.50%)

10.83%

08/15/2028

22,069

American

Airlines,

Inc.

,

136,051

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

6

Month

+

2.50%)

7.77%

06/04/2029

136,000

AmWINS

Group,

Inc.

,

24,935

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.25%,

0.75%

Floor)

7.71%

02/19/2028

24,945

APi

Group

DE,

Inc.

,

10,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.00%)

7.34%

12/18/2028

10,007

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Applied

Systems,

Inc.

,

10,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

5.25%)

10.58%

02/23/2032

10,368

Apro

LLC

,

60,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%)

9.08%

06/26/2031

60,075

APX

Group,

Inc.

,

113,832

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.75%,

0.50%

Floor)

8.09%

07/10/2028

114,117

Ardonagh

Group

Finco

Pty.

Ltd.

,

85,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%)

9.09%

02/27/2031

84,947

Artera

Services

LLC

,

34,913

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.50%)

9.83%

02/15/2031

35,140

AssuredPartners,

Inc.

,

104,738

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%,

0.50%

Floor)

8.84%

02/14/2031

105,130

Asurion

LLC

,

54,723

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.25%)

9.69%

08/19/2028

54,387

athenahealth

Group,

Inc.

,

164,254

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%,

0.50%

Floor)

8.59%

02/15/2029

163,920

Aveanna

Healthcare

LLC

,

69,465

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%,

0.50%

Floor)

9.20%

07/17/2028

66,686

Bausch

&

Lomb

Corp.

,

73,869

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%,

0.50%

Floor)

8.69%

05/10/2027

73,176

|

June

30,

2024

3

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

29,775

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%)

9.34%

09/29/2028

29,757

BCPE

Empire

Holdings,

Inc.

,

119,102

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%,

0.50%

Floor)

9.34%

12/11/2028

119,273

Boxer

Parent

Co.,

Inc.

,

139,300

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%)

9.34%

12/29/2028

139,760

Brand

Industrial

Services,

Inc.

,

34,825

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.50%,

0.50%

Floor)

9.83%

08/01/2030

34,980

Broadstreet

Partners,

Inc.

,

45,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.59%

06/16/2031

44,933

Brown

Group

Holding

LLC

,

34,808

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.75%,

0.50%

Floor)

8.19%

06/07/2028

34,832

Camelot

U.S.

Acquisition

LLC

,

44,888

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.75%)

8.09%

01/31/2031

45,022

Carnival

Corp.

,

19,076

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.75%,

0.75%

Floor)

8.09%

08/08/2027

19,195

Catalent

Pharma

Solutions,

Inc.

,

118,772

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.00%,

0.50%

Floor)

7.46%

02/22/2028

118,861

Cedar

Fair

LP

,

40,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.00%)

7.33%

05/01/2031

39,981

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Cengage

Learning,

Inc.

,

29,925

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

6

Month

+

4.25%,

1.00%

Floor)

9.54%

03/24/2031

30,047

Central

Parent

LLC

,

80,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%)

8.58%

07/06/2029

79,075

Charter

Next

Generation,

Inc.

,

19,910

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%,

0.75%

Floor)

8.84%

12/01/2027

19,968

ClubCorp

Holdings,

Inc.

,

30,643

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

5.00%)

10.60%

09/18/2026

30,842

Clydesdale

Acquisition

Holdings,

Inc.

,

39,797

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.68%,

0.50%

Floor)

9.12%

04/13/2029

39,934

Concentra

Health

Services,

Inc.

,

35,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.25%)

7.59%

06/26/2031

35,175

Cotiviti,

Inc.

,

104,738

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.58%

05/01/2031

104,476

CPI

Holdco

B

LLC

,

25,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.00%)

7.34%

05/17/2031

25,004

CSC

Holdings

LLC

,

19,845

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.60%)

7.94%

04/15/2027

16,542

DCert

Buyer,

Inc.

,

69,546

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%)

9.34%

10/16/2026

67,938

4

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Deerfield

Dakota

Holding

LLC

,

164,571

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%,

1.00%

Floor)

9.08%

04/09/2027

164,693

DG

Investment

Intermediate

Holdings

2,

Inc.

,

69,463

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.75%

Floor)

9.21%

03/31/2028

69,477

DIRECTV

Financing

LLC

,

10,366

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

5.00%,

0.75%

Floor)

10.44%

08/02/2027

10,400

Dynasty

Acquisition

Co.,

Inc.

,

79,426

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.84%

08/24/2028

79,805

EAB

Global,

Inc.

,

40,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%)

8.58%

08/16/2028

40,010

Eagle

Parent

Corp.

,

44,796

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.25%,

0.50%

Floor)

9.58%

04/02/2029

43,665

Edelman

Financial

Engines

Center

LLC

,

35,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

5.25%)

10.59%

10/31/2028

35,131

EG

Group

Ltd.

,

34,912

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

5.50%,

0.50%

Floor)

11.24%

02/28/2028

34,549

EMRLD

Borrower

LP

,

40,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.75%

Floor)

7.83%

06/18/2031

40,050

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Epicor

Software

Corp.

,

22,375

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%,

0.75%

Floor)

8.59%

05/30/2031

22,496

Fertitta

Entertainment

LLC

,

133,721

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.50%

Floor)

9.08%

01/27/2029

134,030

Focus

Financial

Partners

LLC

,

113,827

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.50%,

0.50%

Floor)

7.84%

06/30/2028

113,853

Frontier

Communications

Holdings

LLC

,

70,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.83%

06/20/2031

70,000

Gainwell

Acquisition

Corp.

,

148,907

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.00%,

0.75%

Floor)

9.43%

10/01/2027

144,564

Garda

World

Security

Corp.

,

84,784

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.25%)

9.59%

02/01/2029

85,420

GIP

Pilot

Acquisition

Partners

LP

,

16,799

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.50%)

7.83%

10/04/2030

16,841

Grant

Thornton

Advisors

LLC

,

50,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%)

8.60%

06/02/2031

50,206

Great

Outdoors

Group

LLC

,

99,235

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.75%

Floor)

9.19%

03/06/2028

99,276

Grifols

Worldwide

Operations

Ltd.

,

25,441

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.00%)

7.44%

11/15/2027

25,059

|

June

30,

2024

5

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

GTCR

Everest

Borrower

LLC

,

30,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.35%

06/03/2031

30,056

Hamilton

Projects

Acquiror

LLC

,

15,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%)

9.08%

05/31/2031

15,115

Harbor

Freight

Tools

USA,

Inc.

,

45,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.50%)

7.84%

06/11/2031

44,926

Hexion

Holdings

Corp.

,

39,810

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.50%,

0.50%

Floor)

9.98%

03/15/2029

39,728

Husky

Injection

Molding

Systems

Ltd.

,

105,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

6

Month

+

5.00%)

10.33%

02/15/2029

105,372

Ineos

Quattro

Holdings

UK

Ltd.

,

74,813

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.25%)

9.69%

04/02/2029

74,766

Ineos

U.S.

Finance

LLC

,

104,213

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.93%

02/18/2030

103,743

45,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%)

9.09%

02/07/2031

45,169

Kenan

Advantage

Group,

Inc.

(The)

,

79,800

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%)

9.09%

01/25/2029

80,299

Kronos

Acquisition

Holdings,

Inc.

,

29,846

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%,

0.50%

Floor)

9.31%

12/22/2026

29,857

25,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.00%)

9.34%

06/27/2031

24,875

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

LBM

Acquisition

LLC

,

90,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%)

9.18%

05/30/2031

88,619

LC

Ahab

U.S.

Bidco

LLC

,

50,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.84%

05/01/2031

50,157

LifePoint

Health,

Inc.

,

139,650

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.75%)

10.06%

11/16/2028

140,584

Lummus

Technology

Holdings

V

LLC

,

46,459

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.96%

12/31/2029

46,691

Mavis

Tire

Express

Services

Topco

Corp.

,

73,294

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.75%

Floor)

9.09%

05/04/2028

73,548

McAfee

Corp.

,

34,773

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%,

0.50%

Floor)

8.58%

03/01/2029

34,781

Medline

Borrower

LP

,

50,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.25%)

7.58%

10/23/2028

50,063

MI

Windows

and

Doors

LLC

,

25,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.84%

03/28/2031

25,182

Mitchell

International,

Inc.

,

170,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%,

0.50%

Floor)

8.58%

06/17/2031

168,766

35,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

5.25%)

10.59%

06/07/2032

34,978

6

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Modena

Buyer

LLC

,

60,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.50%)

9.83%

04/18/2031

58,641

Motion

Acquisition

Ltd.

,

144,638

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.50%)

8.83%

11/12/2029

144,854

Natgasoline

LLC

,

44,878

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.50%)

8.96%

11/14/2025

44,738

NEP

Group,

Inc.

,

44,994

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.71%

08/19/2026

42,782

Olympus

Water

U.S.

Holding

Corp.

,

56,238

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%,

0.50%

Floor)

9.32%

11/09/2028

56,414

70,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.50%,

0.50%

Floor)

8.85%

06/09/2031

70,218

OneDigital

Borrower

LLC

,

90,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.25%,

0.50%

Floor)

9.68%

11/16/2027

89,887

120,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%)

8.58%

06/13/2031

119,850

40,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

5.75%)

10.58%

06/14/2032

39,900

Ontario

Gaming

GTA

LP

,

29,850

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

4.25%,

0.50%

Floor)

9.58%

08/01/2030

30,032

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Organon

&

Co.

,

19,903

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.50%,

0.50%

Floor)

7.83%

05/19/2031

19,941

Osmosis

Buyer

Ltd.

,

138,777

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%,

0.50%

Floor)

9.33%

07/31/2028

139,181

OVG

Business

Services

LLC

,

55,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.00%)

8.35%

06/14/2031

54,966

Pacific

Dental

Services

LLC

,

89,775

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.58%

03/15/2031

90,065

Packaging

Coordinators

Midco,

Inc.

,

95,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%,

0.75%

Floor)

8.58%

11/30/2027

95,436

Parexel

International,

Inc.

,

113,548

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%,

0.50%

Floor)

8.71%

11/15/2028

113,920

Penn

Entertainment,

Inc.

,

128,090

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.75%,

0.50%

Floor)

8.19%

05/03/2029

128,393

PetSmart

LLC

,

118,477

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%,

0.75%

Floor)

9.19%

02/11/2028

118,279

Playa

Resorts

Holding

BV

,

59,397

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%,

0.50%

Floor)

8.59%

01/05/2029

59,505

|

June

30,

2024

7

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Pregis

TopCo

LLC

,

49,482

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%)

9.34%

07/31/2026

49,590

Proofpoint,

Inc.

,

127,926

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.00%,

0.50%

Floor)

8.32%

08/31/2028

128,190

Quikrete

Holdings,

Inc.

,

24,748

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.25%)

7.59%

03/19/2029

24,793

Radiology

Partners,

Inc.

,

44,950

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

5.00%)

9.09%

01/31/2029

42,748

Radnet

Management,

Inc.

,

20,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.50%)

7.83%

04/18/2031

20,038

Resideo

Funding,

Inc.

,

55,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.00%)

7.33%

06/13/2031

55,000

Sedgwick

Claims

Management

Services,

Inc.

,

100,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.50%)

8.34%

06/30/2031

100,125

SMG

U.S.

Midco

2,

Inc.

,

118,450

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

6

Month

+

2.50%)

8.24%

01/23/2025

118,509

Sotera

Health

Holdings

LLC

,

160,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.59%

05/30/2031

159,934

Station

Casinos

LLC

,

39,900

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.25%)

7.59%

03/14/2031

39,930

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Stubhub

Holdco

Sub

LLC

,

44,334

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.75%)

10.09%

03/15/2030

44,403

SWF

Holdings

I

Corp.

,

19,684

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

4.00%,

0.75%

Floor)

9.46%

10/06/2028

16,904

TK

Elevator

Midco

GmbH

,

159,201

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

6

Month

+

3.50%,

0.50%

Floor)

8.79%

04/30/2030

160,220

TransDigm,

Inc.

,

49,875

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.50%)

7.84%

02/28/2031

50,037

Triton

Water

Holdings,

Inc.

,

165,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.25%,

0.50%

Floor)

8.81%

03/31/2028

165,248

United

AirLines,

Inc.

,

104,738

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.75%)

8.09%

02/22/2031

105,130

Vestis

Corp.

,

34,913

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

2.25%)

7.58%

02/22/2031

34,789

Vistra

Zero

Operating

Co.

LLC

,

19,950

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

2.75%)

8.09%

04/30/2031

20,067

Wand

Newco

3,

Inc.

,

65,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.75%)

9.09%

01/30/2031

65,505

WaterBridge

Midstream

Operating

LLC

,

20,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

5.00%)

10.09%

06/21/2029

19,900

8

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

WestJet

Loyalty

LP

,

80,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

3

Month

+

3.75%)

9.05%

02/14/2031

80,460

White

Cap

Supply

Holdings

LLC

,

15,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.25%)

8.59%

10/19/2029

15,043

Zayo

Group

Holdings,

Inc.

,

25,000

Senior

Secured

First

Lien

Term

Loan

(CME

Term

SOFR

1

Month

+

3.00%)

8.46%

03/09/2027

21,833

Total

Bank

Loans

(Cost

$8,592,154)

8,644,263

COLLATERALIZED

LOAN

OBLIGATIONS

4.6%

37

Capital

CLO

4

Ltd.

,

500,000

Series

2023-2A-B

(CME

Term

SOFR

3

Month

+

2.75%,

2.75%

Floor)

8.12%

(a)

01/15/2034

503,036

AIMCO

CLO

21

Ltd.

,

500,000

Series

2024-21A-D1

(CME

Term

SOFR

3

Month

+

3.15%,

3.15%

Floor)

8.48%

(a)

04/18/2037

501,900

Arbor

Realty

Commercial

Real

Estate

Notes

Ltd.

,

161,870

Series

2021-FL3-A

(CME

Term

SOFR

1

Month

+

1.18%,

1.18%

Floor)

6.51%

(a)

08/15/2034

161,428

Bain

Capital

Credit

CLO

Ltd.

,

500,000

Series

2023-4A-C

(CME

Term

SOFR

3

Month

+

2.90%,

2.90%

Floor)

8.22%

(a)

10/21/2036

506,792

BRSP

Ltd.

,

231,909

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.26%,

1.15%

Floor)

6.60%

(a)

08/19/2038

229,531

BSPRT

Issuer

Ltd.

,

270,000

Series

2023-FL10-B

(CME

Term

SOFR

1

Month

+

3.27%,

3.27%

Floor)

8.59%

(a)

09/15/2035

272,736

Captree

Park

CLO

Ltd.

,

500,000

Series

2024-1A-D

(CME

Term

SOFR

3

Month

+

3.25%,

3.25%

Floor)

8.58%

(a)

07/20/2037

501,853

CBAM

Ltd.

,

500,000

Series

2017-2A-BR

(CME

Term

SOFR

3

Month

+

2.11%,

1.85%

Floor)

7.43%

(a)

07/17/2034

503,020

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Eaton

Vance

CLO

Ltd.

,

500,000

Series

2013-1A-A23R

(CME

Term

SOFR

3

Month

+

1.81%,

1.55%

Floor)

7.14%

(a)

01/15/2034

500,347

Elmwood

CLO

28

Ltd.

,

500,000

Series

2024-4A-D

(CME

Term

SOFR

3

Month

+

3.30%,

3.30%

Floor)

8.64%

(a)

04/17/2037

501,856

Empower

CLO

Ltd.

,

500,000

Series

2023-2A-B

(CME

Term

SOFR

3

Month

+

2.75%,

2.75%

Floor)

8.08%

(a)

07/15/2036

510,230

LoanCore

Issuer

Ltd.

,

152,165

Series

2021-CRE5-A

(CME

Term

SOFR

1

Month

+

1.41%,

1.41%

Floor)

6.74%

(a)

07/15/2036

151,467

Marble

Point

CLO

XI

Ltd.

,

500,000

Series

2017-2A-B

(CME

Term

SOFR

3

Month

+

1.76%,

1.50%

Floor)

7.09%

(a)

12/18/2030

500,735

MF1

Multifamily

Housing

Mortgage

Loan

Trust

,

132,047

Series

2021-FL7-A

(CME

Term

SOFR

1

Month

+

1.19%,

1.08%

Floor)

6.53%

(a)

10/16/2036

131,508

260,000

Series

2024-FL14-

AS

(CME

Term

SOFR

1

Month

+

2.24%,

2.24%

Floor)

7.58%

(a)

03/19/2039

260,414

280,000

Series

2024-FL15-A

(CME

Term

SOFR

1

Month

+

1.69%,

1.69%

Floor)

6.99%

(a)

08/18/2041

279,300

Midocean

Credit

CLO

IX

,

500,000

Series

2018-9A-D

(CME

Term

SOFR

3

Month

+

3.56%,

3.30%

Floor)

8.89%

(a)

07/20/2031

499,854

Octagon

Investment

Partners

45

Ltd.

,

500,000

Series

2019-1A-BR

(CME

Term

SOFR

3

Month

+

1.85%,

1.85%

Floor)

7.18%

(a)

04/15/2035

500,362

Park

Avenue

Institutional

Advisers

CLO

Ltd.

,

500,000

Series

2018-1A-BR

(CME

Term

SOFR

3

Month

+

2.36%,

2.10%

Floor)

7.69%

(a)

10/20/2031

500,020

Race

Point

IX

CLO

Ltd.

,

1,000,000

Series

2015-9A-BR

(CME

Term

SOFR

3

Month

+

2.41%,

0.26%

Floor)

7.74%

(a)

10/15/2030

1,000,410

Sound

Point

CLO

XXXI

Ltd.

,

500,000

Series

2021-3A-D

(CME

Term

SOFR

3

Month

+

3.51%,

3.25%

Floor)

8.84%

(a)

10/25/2034

481,246

|

June

30,

2024

9

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Steele

Creek

CLO

Ltd.

,

682,645

Series

2017-1A-A

(CME

Term

SOFR

3

Month

+

1.51%)

6.84%

(a)

10/15/2030

682,783

STWD

Ltd.

,

300,000

Series

2019-FL1-AS

(CME

Term

SOFR

1

Month

+

1.51%,

1.51%

Floor)

6.84%

(a)

07/15/2038

296,599

140,137

Series

2021-FL2-A

(CME

Term

SOFR

1

Month

+

1.31%,

1.20%

Floor)

6.65%

(a)

04/18/2038

138,484

TRTX

Issuer

Ltd.

,

176,862

Series

2021-FL4-A

(CME

Term

SOFR

1

Month

+

1.31%,

1.20%

Floor)

6.64%

(a)

03/15/2038

175,396

Venture

XXVI

CLO

Ltd.

,

500,000

Series

2017-26A-BR

(CME

Term

SOFR

3

Month

+

1.96%,

1.70%

Floor)

7.29%

(a)

01/20/2029

501,290

Voya

CLO

Ltd.

,

1,000,000

Series

2013-1A-BR

(CME

Term

SOFR

3

Month

+

2.16%)

7.49%

(a)

10/15/2030

1,002,432

500,000

Series

2014-4A-CR2

(CME

Term

SOFR

3

Month

+

3.61%)

8.94%

(a)

07/14/2031

497,520

Wellfleet

CLO

Ltd.

,

500,000

Series

2017-3A-A2

(CME

Term

SOFR

3

Month

+

1.76%,

1.50%

Floor)

7.08%

(a)

01/17/2031

500,503

Total

Collateralized

Loan

Obligations

(Cost

$12,551,525)

12,793,052

FOREIGN

CORPORATE

BONDS

7.4%

AUSTRALIA

0.4%

195,000

Glencore

Funding

LLC

1.63%

(a)

04/27/2026

182,400

310,000

Glencore

Funding

LLC

5.37%

(a)

04/04/2029

308,661

370,000

Macquarie

Group

Ltd.

(SOFR

+

2.21%)

5.11%

(a)

08/09/2026

368,108

380,000

Westpac

Banking

Corp.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.53%)

3.02%

11/18/2036

311,918

1,171,087

BERMUDA

0.1%

345,000

Triton

Container

International

Ltd.

3.25%

03/15/2032

283,406

BRAZIL

0.8%

200,000

Banco

do

Brasil

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

10

Year

+

4.40%)

8.75%

(d)

10/15/2024

204,205

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

200,000

Banco

do

Estado

do

Rio

Grande

do

Sul

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.93%)

5.38%

01/28/2031

189,752

200,000

Braskem

Netherlands

Finance

BV

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

8.22%)

8.50%

01/23/2081

200,337

250,000

Cosan

Overseas

Ltd.

8.25%

(d)

08/05/2024

254,348

200,000

CSN

Resources

SA

5.88%

04/08/2032

166,596

331,260

Guara

Norte

Sarl

5.20%

06/15/2034

305,531

200,000

Movida

Europe

SA

7.85%

(a)

04/11/2029

188,355

157,660

MV24

Capital

BV

6.75%

06/01/2034

150,742

314,745

Prumo

Participacoes

e

Investimentos

S/A

7.50%

12/31/2031

313,295

200,000

Simpar

Europe

SA

5.20%

01/26/2031

164,759

123,000

Vale

Overseas

Ltd.

6.40%

06/28/2054

121,733

2,259,653

CANADA

0.3%

330,000

Bank

of

Montreal

(5

Year

Swap

Rate

USD

+

1.43%)

3.80%

12/15/2032

310,218

51,000

Bombardier,

Inc.

7.88%

(a)

04/15/2027

51,162

75,000

Bombardier,

Inc.

8.75%

(a)

11/15/2030

81,152

25,000

Bombardier,

Inc.

7.00%

(a)

06/01/2032

25,379

30,000

Garda

World

Security

Corp.

4.63%

(a)

02/15/2027

28,704

35,000

Garda

World

Security

Corp.

6.00%

(a)

06/01/2029

31,966

140,000

Husky

Injection

Molding

Systems

Ltd.

9.00%

(a)

02/15/2029

145,147

70,000

Kronos

Acquisition

Holdings,

Inc.

8.25%

(a)

06/30/2031

70,158

743,886

CAYMAN

ISLANDS

0.1%

212,431

Global

Aircraft

Leasing

Co.

Ltd.

6.50%

(a)

09/15/2024

204,692

CHILE

0.4%

200,000

Agrosuper

SA

4.60%

01/20/2032

175,408

200,000

Banco

del

Estado

de

Chile

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.23%)

7.95%

(a)(d)

05/02/2029

206,728

400,000

CAP

SA

3.90%

04/27/2031

320,351

198,056

Chile

Electricity

PEC

SpA

0.00%

01/25/2028

158,940

258,880

GNL

Quintero

SA

4.63%

07/31/2029

252,908

1,114,335

10

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

CHINA

0.2%

635,000

NXP

BV

3.88%

06/18/2026

616,928

COLOMBIA

0.4%

191,666

AI

Candelaria

Spain

SA

7.50%

12/15/2028

188,406

250,000

AI

Candelaria

Spain

SA

5.75%

06/15/2033

202,444

200,000

Bancolombia

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.94%)

4.63%

12/18/2029

193,325

200,000

Bancolombia

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.32%)

8.63%

12/24/2034

204,397

200,000

Canacol

Energy

Ltd.

5.75%

11/24/2028

105,927

200,000

Empresas

Publicas

de

Medellin

ESP

4.25%

07/18/2029

172,575

171,860

Fideicomiso

PA

Pacifico

Tres

8.25%

01/15/2035

169,282

1,236,356

DOMINICAN

REPUBLIC

0.1%

200,000

Aeropuertos

Dominicanos

Siglo

XXI

SA

7.00%

(a)

06/30/2034

202,740

GUATEMALA

0.4%

150,000

Banco

Industrial

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.44%)

4.88%

01/29/2031

145,214

400,000

CT

Trust

5.13%

02/03/2032

352,723

200,000

Energuate

Trust

5.88%

05/03/2027

193,011

180,000

Millicom

International

Cellular

SA

6.63%

10/15/2026

179,951

180,000

Millicom

International

Cellular

SA

6.25%

03/25/2029

173,416

1,044,315

INDIA

0.7%

172,000

Adani

International

Container

Terminal

Pvt.

Ltd.

3.00%

02/16/2031

144,142

400,000

Adani

Ports

&

Special

Economic

Zone

Ltd.

4.20%

08/04/2027

372,100

151,000

Adani

Transmission

Step-One

Ltd.

4.25%

05/21/2036

125,475

456,000

JSW

Hydro

Energy

Ltd.

4.13%

05/18/2031

405,450

400,000

Network

i2i

Ltd.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.27%)

5.65%

(d)

01/15/2025

397,838

250,000

Reliance

Industries

Ltd.

4.13%

01/28/2025

247,844

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

200,000

UPL

Corp.

Ltd.

4.50%

03/08/2028

175,528

1,868,377

INDONESIA

0.6%

250,000

Adaro

Indonesia

PT

4.25%

10/31/2024

248,049

200,000

Bank

Negara

Indonesia

Persero

Tbk.

PT

3.75%

03/30/2026

191,280

200,000

Freeport

Indonesia

PT

4.76%

04/14/2027

196,870

200,000

Freeport

Indonesia

PT

5.32%

04/14/2032

194,100

200,000

Indonesia

Asahan

Aluminium

PT

5.45%

05/15/2030

196,521

309,680

LLPL

Capital

Pte.

Ltd.

6.88%

02/04/2039

312,184

200,000

Minejesa

Capital

BV

5.63%

08/10/2037

180,970

300,000

Pertamina

Persero

PT

1.40%

02/09/2026

280,557

1,800,531

IRELAND

0.2%

530,000

Avolon

Holdings

Funding

Ltd.

5.75%

(a)

03/01/2029

527,217

140,000

GGAM

Finance

Ltd.

6.88%

(a)

04/15/2029

142,800

670,017

KUWAIT

0.1%

200,000

MEGlobal

Canada

ULC

5.00%

05/18/2025

198,255

LUXEMBOURG

0.1%

169,000

ArcelorMittal

SA

6.00%

06/17/2034

168,968

MEXICO

0.8%

200,000

Banco

Mercantil

del

Norte

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.64%)

5.88%

(d)

01/24/2027

187,846

200,000

Banco

Mercantil

del

Norte

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

10

Year

+

5.35%)

7.63%

(d)

01/10/2028

197,017

200,000

Banco

Nacional

de

Comercio

Exterior

SNC

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.00%)

2.72%

08/11/2031

178,327

400,000

BBVA

Bancomer

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.65%)

5.13%

01/18/2033

364,826

200,000

Buffalo

Energy

Mexico

Holdings

7.88%

(a)

02/15/2039

207,993

|

June

30,

2024

11

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

200,000

Cemex

SAB

de

CV

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.16%)

9.13%

(a)(d)

03/14/2028

213,705

234,300

Cometa

Energia

SA

de

CV

6.38%

04/24/2035

227,604

200,000

Comision

Federal

de

Electricidad

3.35%

02/09/2031

165,433

362,904

Mexico

Generadora

de

Energia

S

de

rl

5.50%

12/06/2032

355,978

100,000

Petroleos

Mexicanos

6.75%

09/21/2047

65,842

50,000

Southern

Copper

Corp.

3.88%

04/23/2025

49,237

350,671

Tierra

Mojada

Luxembourg

II

Sarl

5.75%

12/01/2040

316,612

2,530,420

PARAGUAY

0.2%

126,736

Bioceanico

Sovereign

Certificate

Ltd.

0.00%

06/05/2034

95,052

200,000

Frigorifico

Concepcion

SA

7.70%

07/21/2028

136,193

333,333

Rutas

2

&

7

Finance

Ltd.

0.00%

09/30/2036

229,847

461,092

PERU

0.8%

250,000

Banco

de

Credito

del

Peru

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.00%)

3.13%

07/01/2030

241,031

200,000

Banco

de

Credito

del

Peru

SA

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.45%)

3.25%

09/30/2031

186,168

200,000

Banco

Internacional

del

Peru

SAA

Interbank

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.71%)

4.00%

07/08/2030

194,366

400,000

Cia

de

Minas

Buenaventura

SAA

5.50%

07/23/2026

386,998

200,000

Inkia

Energy

Ltd.

5.88%

11/09/2027

201,150

150,000

InRetail

Shopping

Malls

5.75%

04/03/2028

147,480

200,000

Intercorp

Financial

Services,

Inc.

4.13%

10/19/2027

186,731

171,666

Lima

Metro

Line

2

Finance

Ltd.

5.88%

07/05/2034

169,186

200,000

Minsur

SA

4.50%

10/28/2031

177,736

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

209,000

Orazul

Energy

Peru

SA

5.63%

04/28/2027

198,466

400,000

Petroleos

del

Peru

SA

5.63%

06/19/2047

255,727

160,000

Transportadora

de

Gas

del

Peru

SA

4.25%

04/30/2028

154,795

2,499,834

SINGAPORE

0.4%

300,000

DBS

Group

Holdings

Ltd.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.10%)

1.82%

03/10/2031

281,962

400,000

Oversea-Chinese

Banking

Corp.

Ltd.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.58%)

1.83%

09/10/2030

382,575

400,000

United

Overseas

Bank

Ltd.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.23%)

2.00%

10/14/2031

369,859

1,034,396

SOUTH

AFRICA

0.1%

200,000

Sasol

Financing

USA

LLC

4.38%

09/18/2026

188,595

UNITED

KINGDOM

0.1%

134,000

BAT

Capital

Corp.

4.54%

08/15/2047

103,280

50,000

Macquarie

Airfinance

Holdings

Ltd.

6.50%

(a)

03/26/2031

51,450

154,730

VIETNAM

0.1%

210,820

Mong

Duong

Finance

Holdings

BV

5.13%

05/07/2029

200,548

Total

Foreign

Corporate

Bonds

(Cost

$20,274,122)

20,653,161

NON-AGENCY

COMMERCIAL

MORTGAGE

BACKED

OBLIGATIONS

5.3%

BANK

,

300,000

Series

2018-BN11-C

4.52%

(b)

03/15/2061

267,720

200,000

Series

2018-BN14-A3

3.97%

09/15/2060

190,044

160,000

Series

2019-BN23-A3

2.92%

12/15/2052

141,672

220,000

Series

2021-BN32-A4

2.35%

04/15/2054

186,888

300,000

Series

2021-BN38-A5

2.52%

12/15/2064

247,493

307,000

Series

2022-BNK43-C

5.40%

(b)

08/15/2055

263,475

6,003,323

Series

2023-BNK46-XA

0.75%

(b)(e)

08/15/2056

235,980

Bank

of

America

Merrill

Lynch

Commercial

Mortgage

Trust

,

266,000

Series

2016-UB10-C

4.98%

(b)

07/15/2049

251,135

197,912

Series

2017-BNK3-A3

3.31%

02/15/2050

188,257

12

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

BANK5

,

11,922,991

Series

2023-5YR1-XA

0.48%

(b)(e)

04/15/2056

119,218

271,000

Series

2024-5YR7-A2

5.79%

06/15/2057

275,007

BBCMS

Mortgage

Trust

,

300,000

Series

2021-C11-ASB

2.11%

09/15/2054

264,930

300,000

Series

2021-C12-A5

2.69%

11/15/2054

253,249

180,000

Series

2021-C12-AS

2.90%

11/15/2054

148,607

250,000

Series

2021-C9-A5

2.30%

02/15/2054

208,874

100,000

Series

2022-C16-A5

4.60%

(b)

06/15/2055

95,721

200,000

Series

2022-C17-A5

4.44%

09/15/2055

189,069

250,000

Series

2023-C19-A5

5.45%

04/15/2056

252,665

Benchmark

Mortgage

Trust

,

7,507,867

Series

2018-B2-XA

0.59%

(b)(e)

02/15/2051

86,499

150,000

Series

2019-B14-ASB

2.96%

12/15/2062

140,363

250,000

Series

2021-B31-A5

2.67%

12/15/2054

209,427

250,000

Series

2022-B35-C

4.59%

(b)

05/15/2055

196,756

305,000

Series

2022-B37-C

5.94%

(b)

11/15/2055

265,620

200,000

Series

2023-B38-A4

5.52%

04/15/2056

203,253

7,095,326

Series

2023-V3-XA

1.05%

(b)(e)

07/15/2056

204,514

275,000

Series

2024-V7-A2

5.77%

05/15/2056

279,635

BMO

Mortgage

Trust

,

225,000

Series

2024-5C3-AS

6.29%

(b)

02/15/2057

230,389

BPR

Trust

,

251,000

Series

2021-TY-A

(CME

Term

SOFR

1

Month

+

1.16%,

1.05%

Floor)

6.49%

(a)

09/15/2038

249,159

Cantor

Commercial

Real

Estate

Lending

,

500,000

Series

2019-CF1-C

4.35%

(b)

05/15/2052

414,802

CFCRE

Commercial

Mortgage

Trust

,

184,634

Series

2016-C6-A2

2.95%

11/10/2049

175,701

Citigroup

Commercial

Mortgage

Trust

,

250,000

Series

2015-GC27-C

4.57%

(b)

02/10/2048

239,335

311,815

Series

2017-P7-A3

3.44%

04/14/2050

296,460

300,000

Series

2018-B2-A3

3.74%

03/10/2051

283,854

272,432

Series

2018-C5-A3

3.96%

06/10/2051

258,859

100,000

Series

2022-GC48-A5

4.74%

(b)

05/15/2054

95,865

Commercial

Mortgage

Trust

,

205,000

Series

2016-DC2-C

4.81%

(b)

02/10/2049

194,217

CSMC

Trust

,

273,000

Series

2021-B33-A2

3.17%

(a)

10/10/2043

230,350

DBJPM

Mortgage

Trust

,

290,000

Series

2016-C1-B

4.20%

(b)

05/10/2049

265,005

250,000

Series

2020-C9-ASB

1.88%

08/15/2053

223,917

Del

Amo

Fashion

Center

Trust

,

250,000

Series

2017-AMO-C

3.76%

(a)(b)

06/05/2035

222,019

FIVE

Mortgage

Trust

,

250,000

Series

2023-V1-D

6.51%

(a)(b)

02/10/2056

230,869

GS

Mortgage

Securities

Corp.

II

,

250,000

Series

2023-SHIP-A

4.47%

(a)(b)

09/10/2038

243,575

GS

Mortgage

Securities

Trust

,

9,355,235

Series

2017-GS7-XA

1.22%

(b)(e)

08/10/2050

236,151

250,000

Series

2019-GC42-A3

2.75%

09/10/2052

222,589

250,000

Series

2019-GSA1-C

3.93%

(b)

11/10/2052

210,719

HTL

Commercial

Mortgage

Trust

,

250,000

Series

2024-T53-A

6.07%

(a)(b)

05/10/2039

249,774

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

,

292,884

Series

2022-NLP-A

(CME

Term

SOFR

1

Month

+

0.60%,

0.60%

Floor)

5.93%

(a)

04/15/2037

279,795

JPMBB

Commercial

Mortgage

Securities

Trust

,

325,000

Series

2014-C21-B

4.34%

(b)

08/15/2047

314,687

JPMCC

Commercial

Mortgage

Securities

Trust

,

8,020,240

Series

2017-JP6-XA

1.16%

(b)(e)

07/15/2050

163,546

LSTAR

Commercial

Mortgage

Trust

,

250,000

Series

2015-3-D

3.27%

(a)(b)

04/20/2048

236,033

MF1

Multifamily

Housing

Mortgage

Loan

Trust

,

300,000

Series

2021-FL5-AS

(CME

Term

SOFR

1

Month

+

1.31%,

1.31%

Floor)

6.64%

(a)

07/15/2036

299,256

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

,

250,000

Series

2016-C31-C

4.40%

(b)

11/15/2049

212,449

Morgan

Stanley

Capital

I

Trust

,

283,000

Series

2018-L1-C

4.94%

(b)

10/15/2051

258,187

MSWF

Commercial

Mortgage

Trust

,

225,128

Series

2023-2-A1

5.96%

12/15/2056

226,171

NJ

Trust

,

250,000

Series

2023-GSP-A

6.70%

(a)(b)

01/06/2029

258,066

UBS

Commercial

Mortgage

Trust

,

273,308

Series

2017-C4-A3

3.30%

10/15/2050

255,180

200,000

Series

2018-C8-C

4.84%

(b)

02/15/2051

171,086

WB

Commercial

Mortgage

Trust

,

239,000

Series

2024-HQ-A

6.13%

(a)(b)

03/15/2040

239,681

Wells

Fargo

Commercial

Mortgage

Trust

,

215,133

Series

2015-C27-A4

3.19%

02/15/2048

212,531

250,000

Series

2015-LC22-A4

3.84%

09/15/2058

243,577

306,000

Series

2017-C41-B

4.19%

(b)

11/15/2050

272,978

320,000

Series

2018-C45-C

4.73%

06/15/2051

299,288

250,000

Series

2019-C50-C

4.35%

05/15/2052

218,488

270,000

Series

2020-C58-A3

1.81%

07/15/2053

226,093

246,000

Series

2021-C60-A3

2.06%

08/15/2054

205,050

WFRBS

Commercial

Mortgage

Trust

,

3,503,165

Series

2014-C21-XA

0.98%

(b)(e)

08/15/2047

215

Total

Non-Agency

Commercial

Mortgage

Backed

Obligations

(Cost

$14,571,472)

14,732,037

NON-AGENCY

RESIDENTIAL

COLLATERALIZED

MORTGAGE

OBLIGATIONS

10.3%

BRAVO

Residential

Funding

Trust

,

1,146,992

Series

2023-NQM3-A1

4.85%

(a)(c)

09/25/2062

1,118,548

1,676,659

Series

2023-NQM5-A1

6.50%

(a)(c)

06/25/2063

1,685,219

Citigroup

Mortgage

Loan

Trust

,

510,044

Series

2007-AR8-2A1A

5.15%

(b)

07/25/2037

435,857

Connecticut

Avenue

Securities

Trust

,

500,000

Series

2022-R01-

1M2

(SOFR

30

Day

Average

+

1.90%)

7.24%

(a)

12/25/2041

506,446

1,509,176

Series

2024-R03-

2M1

(SOFR

30

Day

Average

+

1.15%)

6.49%

(a)

03/25/2044

1,512,606

Cross

Mortgage

Trust

,

1,000,000

Series

2024-H1-M1

7.07%

(a)(b)

12/25/2068

1,015,069

CyrusOne

Data

Centers

Issuer

I

LLC

,

500,000

Series

2024-2A-A2

4.50%

(a)

05/20/2049

464,251

|

June

30,

2024

13

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Deephaven

Residential

Mortgage

Trust

,

896,167

Series

2022-2-A1

4.30%

(a)(b)

03/25/2067

851,445

FHLMC

STACR

REMIC

Trust

,

500,000

Series

2022-DNA2-

M1B

(SOFR

30

Day

Average

+

2.40%)

7.74%

(a)

02/25/2042

513,021

HOMES

Trust

,

851,606

Series

2023-NQM1-A1

6.18%

(a)(c)

01/25/2068

849,992

Legacy

Mortgage

Asset

Trust

,

403,689

Series

2021-GS2-A1

4.75%

(a)(c)

04/25/2061

396,627

New

Residential

Mortgage

Loan

Trust

,

860,123

Series

2019-RPL2-A1

3.25%

(a)(b)

02/25/2059

816,727

926,516

Series

2024-NQM1-A1

6.13%

(a)(c)

03/25/2064

929,531

OBX

Trust

,

1,526,855

Series

2023-NQM10-A1

6.46%

(a)(c)

10/25/2063

1,535,488

845,768

Series

2023-NQM2-A1

6.32%

(a)(c)

01/25/2062

846,663

812,976

Series

2023-NQM3-A3

6.76%

(a)(c)

02/25/2063

813,157

1,467,446

Series

2024-NQM6-A1

6.45%

(a)(c)

02/25/2064

1,479,266

RFMSI

Trust

,

1,370,216

Series

2006-S4-A7

6.00%

04/25/2036

1,061,165

Structured

Asset

Mortgage

Investments

II

Trust

,

1,207,558

Series

2007-AR3-

1A3

(CME

Term

SOFR

1

Month

+

0.53%,

0.42%

Floor)

5.88%

09/25/2047

987,627

Towd

Point

Mortgage

Trust

,

1,636,247

Series

2018-5-A1

3.25%

(a)(b)

07/25/2058

1,537,065

2,216,155

Series

2020-2-A1A

1.64%

(a)(b)

04/25/2060

1,970,612

227,462

Series

2020-3-A1

3.09%

(a)(b)

02/25/2063

215,505

941,649

Series

2022-1-A1

3.75%

(a)(b)

07/25/2062

877,233

Verus

Securitization

Trust

,

489,247

Series

2021-8-A1

1.82%

(a)(b)

11/25/2066

429,583

1,160,248

Series

2023-4-A1

5.81%

(a)(c)

05/25/2068

1,154,468

789,679

Series

2023-INV1-A3

6.76%

(a)(c)

02/25/2068

792,989

2,348,891

Series

2023-INV3-A1

6.88%

(a)(b)

11/25/2068

2,388,730

1,210,042

Series

2024-1-A1

5.71%

(a)(c)

01/25/2069

1,203,127

WaMu

Mortgage-Backed

Pass-Through

Certificates

Trust

,

399,326

Series

2006-AR16-2A1

4.36%

(b)

12/25/2036

338,740

Wells

Fargo

Mortgage-Backed

Securities

Trust

,

291,359

Series

2006-AR14-2A1

6.36%

(b)

10/25/2036

254,691

Total

Non-Agency

Residential

Collateralized

Mortgage

Obligations

(Cost

$29,057,669)

28,981,448

US

CORPORATE

BONDS

15.0%

70,000

AAR

Escrow

Issuer

LLC

6.75%

(a)

03/15/2029

71,420

340,000

AbbVie,

Inc.

4.70%

05/14/2045

307,316

160,000

Academy

Ltd.

6.00%

(a)

11/15/2027

157,699

60,000

AdaptHealth

LLC

5.13%

(a)

03/01/2030

52,541

195,000

Advanced

Drainage

Systems,

Inc.

6.38%

(a)

06/15/2030

195,889

90,000

AEP

Texas,

Inc.

5.45%

05/15/2029

90,498

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

130,000

AEP

Transmission

Co.

LLC

5.40%

03/15/2053

124,439

40,000

Aethon

United

BR

LP

8.25%

(a)

02/15/2026

40,469

105,000

AGCO

Corp.

5.80%

03/21/2034

104,648

215,000

Agree

LP

5.63%

06/15/2034

212,896

300,000

Air

Lease

Corp.

1.88%

08/15/2026

278,286

235,000

Air

Lease

Corp.

5.20%

07/15/2031

229,728

505,000

Alexandria

Real

Estate

Equities,

Inc.

3.00%

05/18/2051

304,481

130,000

Allegion

US

Holding

Co.,

Inc.

5.60%

05/29/2034

130,139

65,000

Alliant

Holdings

Intermediate

LLC

6.75%

(a)

04/15/2028

65,165

52,000

Allied

Universal

Holdco

LLC

6.63%

(a)

07/15/2026

51,891

70,000

Allied

Universal

Holdco

LLC

9.75%

(a)

07/15/2027

69,646

105,000

Allied

Universal

Holdco

LLC

7.88%

(a)

02/15/2031

105,368

195,000

American

Airlines,

Inc.

7.25%

(a)

02/15/2028

195,332

110,000

American

Airlines,

Inc.

8.50%

(a)

05/15/2029

114,355

620,000

American

Express

Co.

(SOFR

+

1.00%)

5.10%

02/16/2028

617,348

250,000

American

Homes

4

Rent

LP

5.50%

02/01/2034

245,935

125,000

Amgen,

Inc.

5.75%

03/02/2063

122,522

30,000

Anywhere

Real

Estate

Group

LLC

5.75%

(a)

01/15/2029

18,494

160,000

Ares

Capital

Corp.

3.25%

07/15/2025

155,494

145,000

Arizona

Public

Service

Co.

5.70%

08/15/2034

144,906

155,000

Arrow

Electronics,

Inc.

5.88%

04/10/2034

153,520

50,000

Artera

Services

LLC

8.50%

(a)

02/15/2031

51,513

220,000

AssuredPartners,

Inc.

5.63%

(a)

01/15/2029

205,979

455,000

AT&T,

Inc.

3.50%

09/15/2053

309,112

135,000

AthenaHealth

Group,

Inc.

6.50%

(a)

02/15/2030

124,413

205,000

Athene

Global

Funding

(SOFR

Compounded

Index

+

0.56%)

5.93%

(a)

08/19/2024

205,088

345,000

Athene

Holding

Ltd.

6.25%

04/01/2054

345,523

130,000

Atlassian

Corp.

5.25%

05/15/2029

130,046

118,000

AutoZone,

Inc.

5.10%

07/15/2029

117,537

236,000

Aviation

Capital

Group

LLC

5.38%

(a)

07/15/2029

233,323

60,000

Bank

of

America

Corp.

(SOFR

+

1.75%)

4.83%

07/22/2026

59,435

125,000

Bank

of

America

Corp.

(SOFR

+

1.65%)

5.47%

01/23/2035

124,920

623,000

Bank

of

America

Corp.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.20%)

2.48%

09/21/2036

497,165

14

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

180,000

Bausch

+

Lomb

Corp.

8.38%

(a)

10/01/2028

184,500

60,000

BCPE

Empire

Holdings,

Inc.

7.63%

(a)

05/01/2027

58,197

160,000

Beacon

Roofing

Supply,

Inc.

6.50%

(a)

08/01/2030

161,577

90,000

Black

Hills

Corp.

6.00%

01/15/2035

90,590

240,000

BlackRock

Funding,

Inc.

5.25%

03/14/2054

232,099

65,000

Blue

Racer

Midstream

LLC

7.25%

(a)

07/15/2032

66,872

40,000

Boeing

Co.

(The)

6.39%

(a)

05/01/2031

40,739

144,000

Boeing

Co.

(The)

6.86%

(a)

05/01/2054

147,887

160,000

BP

Capital

Markets

America,

Inc.

4.89%

09/11/2033

155,662

159,000

BP

Capital

Markets

America,

Inc.

5.23%

11/17/2034

157,873

75,000

Brand

Industrial

Services,

Inc.

10.38%

(a)

08/01/2030

81,146

60,000

Bristol-Myers

Squibb

Co.

5.50%

02/22/2044

59,374

250,000

Bristol-Myers

Squibb

Co.

5.55%

02/22/2054

246,648

815,000

Broadcom,

Inc.

3.50%

(a)

02/15/2041

625,114

380,000

Brown

&

Brown,

Inc.

2.38%

03/15/2031

314,092

195,000

Buckeye

Partners

LP

6.88%

(a)

07/01/2029

195,856

155,000

Builders

FirstSource,

Inc.

6.38%

(a)

03/01/2034

153,645

168,000

Burlington

Northern

Santa

Fe

LLC

5.50%

03/15/2055

168,429

135,000

Caesars

Entertainment,

Inc.

6.50%

(a)

02/15/2032

135,750

50,000

Calpine

Corp.

5.13%

(a)

03/15/2028

48,125

155,000

Campbell

Soup

Co.

5.40%

03/21/2034

154,045

135,000

Carnival

Corp.

5.75%

(a)

03/01/2027

133,454

125,000

CCO

Holdings

LLC

5.13%

(a)

05/01/2027

120,119

100,000

CCO

Holdings

LLC

4.75%

(a)

03/01/2030

86,677

95,000

CCO

Holdings

LLC

4.75%

(a)

02/01/2032

77,871

365,000

Centene

Corp.

3.00%

10/15/2030

312,368

75,000

Central

Parent

LLC

8.00%

(a)

06/15/2029

76,212

320,000

Cheniere

Energy,

Inc.

4.63%

10/15/2028

310,788

40,000

Chord

Energy

Corp.

6.38%

(a)

06/01/2026

40,023

30,000

CHS/Community

Health

Systems,

Inc.

6.00%

(a)

01/15/2029

26,502

555,000

Citigroup,

Inc.

(SOFR

+

1.35%)

3.06%

01/25/2033

471,589

105,000

Citizens

Financial

Group,

Inc.

(SOFR

+

2.33%)

6.65%

04/25/2035

108,584

95,000

Civitas

Resources,

Inc.

8.38%

(a)

07/01/2028

99,663

25,000

Clear

Channel

Outdoor

Holdings,

Inc.

7.75%

(a)

04/15/2028

21,904

155,000

CNH

Industrial

Capital

LLC

5.10%

04/20/2029

154,427

60,000

CNX

Resources

Corp.

6.00%

(a)

01/15/2029

58,762

65,000

Coty,

Inc.

5.00%

(a)

04/15/2026

64,193

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

235,000

Coty,

Inc.

6.63%

(a)

07/15/2030

238,663

65,000

Cougar

JV

Subsidiary

LLC

8.00%

(a)

05/15/2032

67,267

327,000

Crown

Castle,

Inc.

3.65%

09/01/2027

310,911

400,000

CSX

Corp.

3.80%

11/01/2046

309,472

155,000

CVS

Health

Corp.

5.30%

06/01/2033

151,548

230,000

CVS

Health

Corp.

5.88%

06/01/2053

220,556

85,000

Dealer

Tire

LLC

8.00%

(a)

02/01/2028

82,171

145,000

Directv

Financing

LLC

5.88%

(a)

08/15/2027

136,506

628,000

Dollar

Tree,

Inc.

4.00%

05/15/2025

619,078

120,000

Dornoch

Debt

Merger

Sub,

Inc.

6.63%

(a)

10/15/2029

102,180

246,000

DTE

Energy

Co.

5.85%

06/01/2034

249,695

105,000

Duke

Energy

Corp.

5.00%

08/15/2052

91,308

85,000

Dun

&

Bradstreet

Corp.

(The)

5.00%

(a)

12/15/2029

79,013

285,000

Elevance

Health,

Inc.

2.38%

01/15/2025

280,116

110,000

Elevance

Health,

Inc.

4.55%

05/15/2052

92,302

115,000

EMRLD

Borrower

LP

6.63%

(a)

12/15/2030

116,041

75,000

EMRLD

Borrower

LP

6.75%

(a)

07/15/2031

75,984

281,000

Energy

Transfer

LP

5.95%

05/15/2054

273,805

75,000

Entergy

Arkansas

LLC

5.75%

06/01/2054

74,536

250,000

Entergy

Louisiana

LLC

4.75%

09/15/2052

216,080

170,000

Equinix,

Inc.

3.90%

04/15/2032

154,644

300,000

Equinix,

Inc.

2.95%

09/15/2051

185,322

360,000

Essential

Utilities,

Inc.

2.70%

04/15/2030

313,209

80,000

Everi

Holdings,

Inc.

5.00%

(a)

07/15/2029

78,751

160,000

Eversource

Energy

5.50%

01/01/2034

157,057

310,000

Expedia

Group,

Inc.

5.00%

02/15/2026

307,820

345,000

Expedia

Group,

Inc.

3.25%

02/15/2030

311,111

130,000

F&G

Annuities

&

Life,

Inc.

6.50%

06/04/2029

129,630

75,000

Ferrellgas

LP

5.38%

(a)

04/01/2026

73,425

35,000

Fertitta

Entertainment

LLC

6.75%

(a)

01/15/2030

30,763

310,000

Fiserv,

Inc.

5.45%

03/15/2034

308,196

190,000

Ford

Motor

Co.

3.25%

02/12/2032

157,120

210,000

Fortrea

Holdings,

Inc.

7.50%

(a)

07/01/2030

208,916

135,000

Fortress

Transportation

and

Infrastructure

Investors

LLC

7.88%

(a)

12/01/2030

141,421

60,000

Frontier

Communications

Holdings

LLC

5.88%

(a)

10/15/2027

58,637

75,000

Frontier

Communications

Holdings

LLC

6.75%

(a)

05/01/2029

68,869

55,000

Frontier

Communications

Holdings

LLC

8.63%

(a)

03/15/2031

56,716

65,000

Full

House

Resorts,

Inc.

8.25%

(a)

02/15/2028

62,491

|

June

30,

2024

15

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

350,000

General

Motors

Financial

Co.,

Inc.

2.40%

10/15/2028

309,439

260,000

Genesee

&

Wyoming,

Inc.

6.25%

(a)

04/15/2032

259,351

85,000

Gilead

Sciences,

Inc.

5.55%

10/15/2053

84,930

155,000

Global

Payments,

Inc.

4.95%

08/15/2027

153,516

595,000

Goldman

Sachs

Group,

Inc.

(The)

(SOFR

+

0.82%)

6.18%

09/10/2027

594,288

70,000

Gray

Television,

Inc.

10.50%

(a)

07/15/2029

70,445

105,000

Griffon

Corp.

5.75%

03/01/2028

101,407

40,000

Gulfport

Energy

Corp.

8.00%

(a)

05/17/2026

40,487

130,000

Harvest

Midstream

I

LP

7.50%

(a)

05/15/2032

132,130

395,000

HCA,

Inc.

5.25%

06/15/2049

352,386

125,000

Hewlett

Packard

Enterprise

Co.

5.90%

10/01/2024

124,993

210,000

Hilcorp

Energy

I

LP

5.75%

(a)

02/01/2029

203,367

20,000

Hilcorp

Energy

I

LP

8.38%

(a)

11/01/2033

21,330

81,000

Home

Depot,

Inc.

(The)

4.95%

06/25/2034

80,187

315,000

Host

Hotels

&

Resorts

LP

5.70%

07/01/2034

309,765

350,000

Host

Hotels

&

Resorts

LP

3.50%

09/15/2030

309,394

55,000

HUB

International

Ltd.

7.25%

(a)

06/15/2030

56,422

320,000

Hyatt

Hotels

Corp.

5.25%

06/30/2029

317,468

310,000

Hyundai

Capital

America

5.30%

(a)

01/08/2029

308,859

75,000

Illuminate

Buyer

LLC

9.00%

(a)

07/01/2028

75,676

205,000

IQVIA,

Inc.

6.25%

02/01/2029

210,854

210,000

Iron

Mountain,

Inc.

7.00%

(a)

02/15/2029

213,906

100,000

JBS

USA

Holding

Lux

Sarl

5.13%

02/01/2028

98,912

155,000

JPMorgan

Chase

&

Co.

(SOFR

+

1.99%)

4.85%

07/25/2028

153,449

735,000

JPMorgan

Chase

&

Co.

(SOFR

+

1.26%)

2.96%

01/25/2033

626,928

305,000

Keurig

Dr

Pepper,

Inc.

5.20%

03/15/2031

304,480

291,000

Kinder

Morgan

Energy

Partners

LP

6.95%

01/15/2038

315,875

120,000

Kodiak

Gas

Services

LLC

7.25%

(a)

02/15/2029

123,105

105,000

Legacy

LifePoint

Health

LLC

4.38%

(a)

02/15/2027

100,389

100,000

Level

3

Financing,

Inc.

10.50%

(a)

04/15/2029

100,250

105,000

LifePoint

Health,

Inc.

11.00%

(a)

10/15/2030

115,817

170,000

LifePoint

Health,

Inc.

10.00%

(a)

06/01/2032

174,023

50,000

Light

&

Wonder

International,

Inc.

7.25%

(a)

11/15/2029

51,104

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

45,000

Live

Nation

Entertainment,

Inc.

6.50%

(a)

05/15/2027

45,298

95,000

Lowe's

Cos.,

Inc.

5.63%

04/15/2053

92,056

75,000

Macy's

Retail

Holdings

LLC

5.88%

(a)

04/01/2029

72,853

55,000

Madison

IAQ

LLC

4.13%

(a)

06/30/2028

51,342

150,000

Madison

IAQ

LLC

5.88%

(a)

06/30/2029

139,702

60,000

Markel

Group,

Inc.

6.00%

05/16/2054

59,426

320,000

Marriott

International,

Inc.

5.30%

05/15/2034

314,307

228,000

Marvell

Technology,

Inc.

5.95%

09/15/2033

235,670

107,000

MasTec,

Inc.

5.90%

06/15/2029

107,536

100,000

Matador

Resources

Co.

6.50%

(a)

04/15/2032

100,082

75,000

Match

Group

Holdings

II

LLC

5.00%

(a)

12/15/2027

71,972

40,000

Mavis

Tire

Express

Services

Topco

Corp.

6.50%

(a)

05/15/2029

37,325

155,000

McDonald's

Corp.

5.45%

08/14/2053

149,819

55,000

McGraw-Hill

Education,

Inc.

5.75%

(a)

08/01/2028

53,088

60,000

Medline

Borrower

LP

6.25%

(a)

04/01/2029

60,754

150,000

Medline

Borrower

LP

5.25%

(a)

10/01/2029

143,265

410,000

Meta

Platforms,

Inc.

4.45%

08/15/2052

353,712

85,000

Michaels

Cos.,

Inc.

(The)

5.25%

(a)

05/01/2028

68,097

40,000

Michaels

Cos.,

Inc.

(The)

7.88%

(a)

05/01/2029

25,715

135,000

Midwest

Gaming

Borrower

LLC

4.88%

(a)

05/01/2029

125,860

135,000

Miter

Brands

Acquisition

Holdco,

Inc.

6.75%

(a)

04/01/2032

136,045

85,000

ModivCare

Escrow

Issuer,

Inc.

5.00%

(a)

10/01/2029

59,985

157,000

MPLX

LP

5.50%

06/01/2034

154,685

50,000

Nationstar

Mortgage

Holdings,

Inc.

5.75%

(a)

11/15/2031

47,039

100,000

NCL

Corp.

Ltd.

8.38%

(a)

02/01/2028

104,575

140,000

Netflix,

Inc.

4.88%

04/15/2028

139,323

325,000

NextEra

Energy

Capital

Holdings,

Inc.

5.55%

03/15/2054

311,249

71,000

NextEra

Energy

Capital

Holdings,

Inc.

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.46%)

6.75%

06/15/2054

71,585

95,000

NGL

Energy

Operating

LLC

8.13%

(a)

02/15/2029

96,869

315,000

NiSource,

Inc.

5.35%

04/01/2034

309,084

325,000

Northrop

Grumman

Corp.

5.20%

06/01/2054

304,562

80,000

NuStar

Logistics

LP

6.00%

06/01/2026

79,928

47,000

Oglethorpe

Power

Corp.

5.80%

(a)

06/01/2054

46,032

16

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

165,000

OneMain

Finance

Corp.

7.50%

05/15/2031

167,102

145,000

ONEOK,

Inc.

6.63%

09/01/2053

154,856

25,000

Oracle

Corp.

6.25%

11/09/2032

26,473

35,000

Oracle

Corp.

3.80%

11/15/2037

28,855

65,000

Outfront

Media

Capital

LLC

7.38%

(a)

02/15/2031

67,726

125,000

Owens

&

Minor,

Inc.

6.63%

(a)

04/01/2030

113,767

149,000

Owens

Corning

5.70%

06/15/2034

150,441

286,000

Pacific

Gas

and

Electric

Co.

6.95%

03/15/2034

308,201

345,000

Packaging

Corp.

of

America

3.00%

12/15/2029

308,875

60,000

Pactiv

Evergreen

Group

Issuer

LLC

4.38%

(a)

10/15/2028

56,078

100,000

Panther

Escrow

Issuer

LLC

7.13%

(a)

06/01/2031

101,220

195,000

Park

Intermediate

Holdings

LLC

7.00%

(a)

02/01/2030

197,487

115,000

PennyMac

Financial

Services,

Inc.

7.88%

(a)

12/15/2029

118,675

318,000

Penske

Truck

Leasing

Co.

LP

4.20%

(a)

04/01/2027

309,039

65,000

Permian

Resources

Operating

LLC

7.00%

(a)

01/15/2032

66,817

160,000

Philip

Morris

International,

Inc.

5.25%

02/13/2034

157,029

115,000

Pike

Corp.

8.63%

(a)

01/31/2031

121,966

95,000

Qorvo,

Inc.

1.75%

12/15/2024

93,150

174,000

Quanta

Services,

Inc.

2.35%

01/15/2032

141,474

155,000

Regal

Rexnord

Corp.

6.05%

02/15/2026

155,459

80,000

Roller

Bearing

Co.

of

America,

Inc.

4.38%

(a)

10/15/2029

73,719

271,000

Royal

Caribbean

Cruises

Ltd.

5.38%

(a)

07/15/2027

267,022

75,000

Royal

Caribbean

Cruises

Ltd.

6.25%

(a)

03/15/2032

75,677

169,000

Royalty

Pharma

plc

5.15%

09/02/2029

167,610

280,000

Sabine

Pass

Liquefaction

LLC

5.00%

03/15/2027

277,727

125,000

San

Diego

Gas

&

Electric

Co.

5.35%

04/01/2053

118,249

253,000

Schlumberger

Holdings

Corp.

5.00%

(a)

11/15/2029

251,184

75,000

Scientific

Games

Holdings

LP

6.63%

(a)

03/01/2030

73,161

100,000

Sealed

Air

Corp.

7.25%

(a)

02/15/2031

103,085

95,000

Sirius

XM

Radio,

Inc.

5.50%

(a)

07/01/2029

89,311

45,000

Sitio

Royalties

Operating

Partnership

LP

7.88%

(a)

11/01/2028

46,564

165,000

Six

Flags

Entertainment

Corp.

6.63%

(a)

05/01/2032

167,783

280,000

Sotera

Health

Holdings

LLC

7.38%

(a)

06/01/2031

280,766

308,000

Southern

California

Edison

Co.

5.45%

06/01/2031

310,323

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

335,000

Southern

Co.

(The)

(US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.92%)

3.75%

09/15/2051

315,272

80,000

Standard

Industries,

Inc.

4.38%

(a)

07/15/2030

72,348

130,000

Station

Casinos

LLC

6.63%

(a)

03/15/2032

129,456

95,000

Suburban

Propane

Partners

LP

5.00%

(a)

06/01/2031

85,633

190,000

Sun

Communities

Operating

LP

2.70%

07/15/2031

156,994

310,000

Take-Two

Interactive

Software,

Inc.

4.95%

03/28/2028

307,210

60,000

Tallgrass

Energy

Partners

LP

7.38%

(a)

02/15/2029

60,339

125,000

Tenet

Healthcare

Corp.

6.13%

06/15/2030

124,312

160,000

T-Mobile

USA,

Inc.

5.15%

04/15/2034

157,318

155,000

T-Mobile

USA,

Inc.

5.50%

01/15/2055

149,576

155,000

Townsquare

Media,

Inc.

6.88%

(a)

02/01/2026

152,762

85,000

TransDigm,

Inc.

5.50%

11/15/2027

83,540

100,000

TransDigm,

Inc.

6.88%

(a)

12/15/2030

102,169

70,875

Transocean

Poseidon

Ltd.

6.88%

(a)

02/01/2027

70,841

43,000

Transocean,

Inc.

8.00%

(a)

02/01/2027

42,885

175,000

Trident

TPI

Holdings,

Inc.

12.75%

(a)

12/31/2028

191,355

60,000

UKG,

Inc.

6.88%

(a)

02/01/2031

60,794

50,000

United

Airlines,

Inc.

4.63%

(a)

04/15/2029

46,606

120,000

United

Natural

Foods,

Inc.

6.75%

(a)

10/15/2028

108,450

250,000

UnitedHealth

Group,

Inc.

5.05%

04/15/2053

231,728

115,000

UnitedHealth

Group,

Inc.

4.95%

05/15/2062

102,419

55,000

Univision

Communications,

Inc.

7.38%

(a)

06/30/2030

51,203

60,000

Vail

Resorts,

Inc.

6.50%

(a)

05/15/2032

60,755

95,000

Venture

Global

LNG,

Inc.

8.13%

(a)

06/01/2028

97,946

35,000

Venture

Global

LNG,

Inc.

8.38%

(a)

06/01/2031

36,329

45,000

Venture

Global

LNG,

Inc.

9.88%

(a)

02/01/2032

49,007

305,000

Veralto

Corp.

5.35%

(a)

09/18/2028

306,383

155,000

Verisk

Analytics,

Inc.

5.25%

06/05/2034

152,686

315,000

Verizon

Communications,

Inc.

5.50%

02/23/2054

308,582

330,000

VICI

Properties

LP

4.63%

(a)

12/01/2029

312,559

210,000

Victra

Holdings

LLC

7.75%

(a)

02/15/2026

209,043

135,000

Viking

Cruises

Ltd.

5.88%

(a)

09/15/2027

133,688

195,000

Viking

Cruises

Ltd.

9.13%

(a)

07/15/2031

211,355

60,000

Vistra

Operations

Co.

LLC

7.75%

(a)

10/15/2031

62,531

80,000

Vistra

Operations

Co.

LLC

6.88%

(a)

04/15/2032

81,275

55,000

Vital

Energy,

Inc.

7.88%

(a)

04/15/2032

55,953

50,000

VT

Topco,

Inc.

8.50%

(a)

08/15/2030

52,561

|

June

30,

2024

17

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

75,000

Wand

NewCo

3,

Inc.

7.63%

(a)

01/30/2032

77,523

60,000

WASH

Multifamily

Acquisition,

Inc.

5.75%

(a)

04/15/2026

58,710

100,000

Weatherford

International

Ltd.

8.63%

(a)

04/30/2030

103,708

120,000

Wells

Fargo

&

Co.

(SOFR

+

1.98%)

4.81%

07/25/2028

118,371

385,000

Wells

Fargo

&

Co.

(SOFR

+

1.74%)

5.57%

07/25/2029

388,563

200,000

Williams

Cos.,

Inc.

(The)

5.15%

03/15/2034

195,207

319,000

Willis

North

America,

Inc.

4.50%

09/15/2028

310,101

330,000

Workday,

Inc.

3.70%

04/01/2029

309,687

60,000

WR

Grace

Holdings

LLC

5.63%

(a)

08/15/2029

55,365

315,000

WRKCo,

Inc.

3.75%

03/15/2025

310,656

155,000

XHR

LP

4.88%

(a)

06/01/2029

145,400

140,000

XPO,

Inc.

7.13%

(a)

06/01/2031

143,166

Total

US

Corporate

Bonds

(Cost

$41,701,375)

41,958,128

US

GOVERNMENT

AND

AGENCY

MORTGAGE

BACKED

OBLIGATIONS

21.4%

FHLMC

STRIPS

,

1,979,140

Series

358-300

3.00%

10/15/2047

1,764,866

FHLMC

UMBS

,

1,344,450

Pool

RA7930

4.50%

09/01/2052

1,270,039

1,794,848

Pool

RA7939

5.00%

09/01/2052

1,739,776

1,334,622

Pool

SD2347

5.50%

02/01/2053

1,332,528

3,235,790

Pool

SD2969

2.50%

05/01/2052

2,693,134

1,784,501

Pool

SD3033

5.50%

05/01/2053

1,798,694

316,542

Pool

SD3454

5.50%

08/01/2053

314,311

1,586,760

Pool

SD3803

2.00%

02/01/2052

1,265,906

1,479,304

Pool

SD3892

5.50%

09/01/2053

1,466,373

1,172,152

Pool

SD4301

6.00%

11/01/2053

1,191,854

1,065,270

Pool

SD4888

6.00%

02/01/2054

1,078,088

993,161

Pool

SD5219

6.00%

04/01/2054

1,002,358

2,954,461

Pool

SD5249

5.50%

04/01/2054

2,950,776

2,424,000

Pool

SD5617

6.00%

06/01/2054

2,466,205

1,263,265

Pool

SD8146

2.00%

05/01/2051

995,648

FNMA

REMICS

,

1,456,827

Series

2018-53-Z

3.50%

07/25/2048

1,259,438

1,557,549

Series

2018-62-B

3.50%

09/25/2048

1,387,582

2,633,697

Series

2019-5-FE

(SOFR

30

Day

Average

+

0.56%,

0.45%

Floor,

6.50%

Cap)

5.90%

03/25/2049

2,586,204

FNMA

UMBS

,

2,093,592

Pool

BR2217

2.50%

08/01/2051

1,742,076

3,426,636

Pool

CA6032

2.50%

06/01/2050

2,853,281

1,821,157

Pool

CB4573

5.00%

09/01/2052

1,766,557

676,376

Pool

CB6266

6.00%

05/01/2053

682,429

1,052,947

Pool

CB7272

6.00%

10/01/2053

1,062,989

957,837

Pool

CB7781

5.50%

01/01/2054

946,467

1,872,820

Pool

FS1472

3.50%

11/01/2050

1,679,567

2,741,744

Pool

FS3708

5.00%

01/01/2053

2,655,833

2,030,894

Pool

FS4165

2.50%

04/01/2052

1,688,972

1,223,046

Pool

FS5082

5.00%

02/01/2053

1,199,541

1,778,874

Pool

FS5420

2.50%

03/01/2052

1,476,798

1,869,649

Pool

FS5600

2.50%

06/01/2052

1,556,267

994,313

Pool

FS6309

6.00%

12/01/2053

1,007,693

2,862,217

Pool

FS6517

2.50%

04/01/2052

2,385,556

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

GNMA

,

1,173,228

Pool

785717

3.00%

11/20/2051

1,016,910

2,806,651

Pool

786184

3.00%

02/20/2052

2,446,472

830,816

Pool

786227

3.00%

04/20/2052

720,097

1,899,855

Pool

MA5191

3.50%

05/20/2048

1,726,785

1,133,923

Series

2013-116-WU

3.00%

12/20/2042

1,094,652

1,136,384

Series

2021-58-HP

3.00%

08/20/2050

982,886

1,051,748

Series

2022-23-BA

3.00%

05/20/2049

935,836

Total

US

Government

and

Agency

Mortgage

Backed

Obligations

(Cost

$60,430,119)

60,191,444

US

GOVERNMENT

AND

AGENCY

OBLIGATIONS

21.3%

5,650,000

U.S.

Treasury

Bonds

1.13%

05/15/2040

3,478,943

34,950,000

U.S.

Treasury

Bonds

1.38%

11/15/2040

22,066,284

11,000,000

U.S.

Treasury

Notes

0.75%

03/31/2026

10,259,863

1,300,000

U.S.

Treasury

Notes

0.75%

01/31/2028

1,141,613

9,150,000

U.S.

Treasury

Notes

0.63%

05/15/2030

7,398,275

9,650,000

U.S.

Treasury

Notes

0.63%

08/15/2030

7,735,832

9,700,000

U.S.

Treasury

Notes

0.88%

11/15/2030

7,848,096

Total

US

Government

and

Agency

Obligations

(Cost

$60,290,929)

59,928,906

SHORT

TERM

INVESTMENTS

3.0%

4,158,975

JPMorgan

U.S.

Government

Money

Market

Fund

-

Class

IM

5.25%

(f)

4,158,975

4,158,975

Morgan

Stanley

Institutional

Liquidity

Funds

Government

Portfolio

-

Institutional

Share

Class

5.22%

(f)

4,158,975

Total

Short

Term

Investments

(Cost

$8,317,950)

8,317,950

Total

Investments

100.2%

(Cost

$280,311,909)

280,907,899

Liabilities

in

Excess

of

Other

Assets

(0.2)%

(465,254)

NET

ASSETS

100.0%

$280,442,645

18

DoubleLine

ETF

Trust

INVESTMENT

BREAKDOWN

as

a

%

of

Net

Assets:

US

Government

and

Agency

Mortgage

Backed

Obligations

21

.4

%

US

Government

and

Agency

Obligations

21

.3

Non-Agency

Residential

Collateralized

Mortgage

Obligations

10

.3

Asset

Backed

Obligations

8

.8

Non-Agency

Commercial

Mortgage

Backed

Obligations

5

.3

Collateralized

Loan

Obligations

4

.6

Short

Term

Investments

3

.0

Banking

2

.9

Electric

2

.1

Technology

1

.4

Midstream

1

.2

Healthcare

0

.9

Transportation

Services

0

.9

Finance

Companies

0

.8

Metals

and

Mining

0

.8

Government

Owned,

No

Guarantee

0

.8

Retailers

0

.6

Pharmaceuticals

0

.5

Wireless

0

.5

Wirelines

0

.5

Building

Materials

0

.4

Media

Entertainment

0

.4

Leisure

0

.4

Chemicals

0

.4

Diversified

Manufacturing

0

.4

Consumer

Cyclical

Services

0

.4

Other

REITs

0

.4

P&C

0

.4

Oil

Field

Services

0

.4

Aerospace

&

Defense

0

.4

Health

Insurance

0

.4

Software

0

.4

Food

and

Beverage

0

.4

Automotive

0

.4

Railroads

0

.3

Gaming

0

.3

Insurance

0

.3

Independent

0

.3

Hotels,

Restaurants

&

Leisure

0

.2

Life

0

.2

Lodging

0

.2

Paper

0

.2

Integrated

0

.2

Financial

Services

0

.2

Health

Care

Providers

&

Services

0

.2

Cable

Satellite

0

.2

Other

Industrial

0

.2

Commercial

Services

&

Supplies

0

.2

Consumer

Products

0

.1

Passenger

Airlines

0

.1

Specialty

Retail

0

.1

Local

Authority

0

.1

Airlines

0

.1

Health

Care

Equipment

&

Supplies

0

.1

Packaging

0

.1

Other

Utility

0

.1

Natural

Gas

0

.1

Office

REITs

0

.1

Government

Sponsored

0

.1

Machinery

0

.1

Tobacco

0

.1

Construction

Machinery

0

.1

Refining

0

.1

Apartment

REITs

0

.1

INVESTMENT

BREAKDOWN

as

a

%

of

Net

Assets:

(Cont.)

IT

Services

0

.1

%

Brokerage,

Asset

Managers

&

Exchanges

0

.1

Retail

REITs

0

.1

Entertainment

0

.1

Diversified

Consumer

Services

0

.1

Restaurants

0

.1

Distributors

0

.1

Beverages

0

.1

Construction

&

Engineering

0

.1

Other

Financial

0

.1

Leisure

Products

0

.1

Capital

Markets

0

.1

Diversified

Telecommunication

Services

0.0

(g)

Oil,

Gas

&

Consumable

Fuels

0.0

(g)

Containers

&

Packaging

0.0

(g)

Building

Products

0.0

(g)

Ground

Transportation

0.0

(g)

Media

0.0

(g)

Household

Products

0.0

(g)

Professional

Services

0.0

(g)

Independent

Power

and

Renewable

Electricity

Producers

0.0

(g)

Energy

Equipment

&

Services

0.0

(g)

Household

Durables

0.0

(g)

Electric

Utilities

0.0

(g)

Other

Assets

and

Liabilities

(

0

.2

)

100

.0

%

|

June

30,

2024

19

Schedule

of

Investments

DoubleLine

Opportunistic

Bond

ETF

(Cont.)

(Unaudited)

June

30,

2024

(a)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

(b)

Coupon

rate

is

variable

or

floats

based

on

components

including

but

not

limited

to

reference

rate

and

spread.

These

securities

may

not

indicate

a

reference

rate

and/or

spread

in

their

description.

The

rate

disclosed

is

as

of

period

end.

(c)

Step

bond;

coupon

rate

changes

based

on

a

predetermined

schedule

or

event.

The

interest

rate

shown

is

the

rate

in

effect

as

of

period

end.

(d)

Perpetual

maturity.

The

date

disclosed

is

the

next

call

date

of

the

security.

(e)

Interest

only

security.

(f)

Seven-day

yield

as

of

period

end.

(g)

Represents

less

than

0.05%

of

net

assets.

Abbreviations:

FHLMC

Federal

Home

Loan

Mortgage

Corporation

FNMA

Federal

National

Mortgage

Association

GNMA

Government

National

Mortgage

Association

SOFR

Secured

Overnight

Financing

Rate

UMBS

Uniform

Mortgage

Backed

Securities

STACR

Structured

Agency

Credit

Risk

REMIC

Real

Estate

Mortgage

Investment

Conduit

Futures

Contracts

Description

Long/Short

Contract

Quantity

Expiration

Date

Notional

Amount

(1)

Unrealized

Appreciation

(Depreciation)

/

Value

U.S.

Treasury

10

Year

Ultra

Bond

Long

10

09/19/2024

$

1,135,313

$

17,244

U.S.

Treasury

5

Year

Note

Long

195

09/30/2024

20,782,734

188,493

U.S.

Treasury

2

Year

Note

Long

760

09/30/2024

155,206,250

547,232

U.S.

Treasury

Ultra

Bond

Short

(13)

09/19/2024

(

1,629,469

)

(

39,537

)

$713,432

(1)

Notional

Amount

is

determined

based

on

the

number

of

contracts

multiplied

by

the

contract

size

and

the

quoted

daily

settlement

price

in

US

dollars.

Schedule

of

Investments

DoubleLine

Shiller

CAPE

®

U.S.

Equities

ETF

(Unaudited)

June

30,

2024

20

DoubleLine

ETF

Trust

SHARES

SECURITY

DESCRIPTION

VALUE

$

COMMON

STOCKS

99.8%

AUTOMOBILE

COMPONENTS

0.2%

7,430

Aptiv

plc

(a)

523,220

6,044

BorgWarner,

Inc.

194,859

718,079

AUTOMOBILES

4.4%

102,977

Ford

Motor

Co.

1,291,332

30,516

General

Motors

Co.

1,417,773

71,360

Tesla,

Inc.

(a)

14,120,717

16,829,822

BANKS

6.5%

113,536

Bank

of

America

Corp.

4,515,327

31,390

Citigroup,

Inc.

1,992,009

7,691

Citizens

Financial

Group,

Inc.

277,107

2,172

Comerica,

Inc.

110,859

11,272

Fifth

Third

Bancorp

411,315

23,956

Huntington

Bancshares,

Inc.

315,740

47,636

JPMorgan

Chase

&

Co.

9,634,857

15,497

KeyCorp

220,212

2,734

M&T

Bank

Corp.

413,818

6,564

PNC

Financial

Services

Group,

Inc.

(The)

1,020,571

15,263

Regions

Financial

Corp.

305,871

22,001

Truist

Financial

Corp.

854,739

25,829

US

Bancorp

1,025,411

59,479

Wells

Fargo

&

Co.

3,532,458

24,630,294

BEVERAGES

4.7%

7,165

Brown-Forman

Corp.

-

Class

B

309,456

135,922

Coca-Cola

Co.

(The)

8,651,436

6,382

Constellation

Brands,

Inc.

-

Class

A

1,641,961

41,398

Keurig

Dr

Pepper,

Inc.

1,382,693

7,345

Molson

Coors

Beverage

Co.

-

Class

B

373,346

29,190

Monster

Beverage

Corp.

(a)

1,458,041

24,851

PepsiCo,

Inc.

4,098,675

17,915,608

BROADLINE

RETAIL

6.6%

124,992

Amazon.com,

Inc.

(a)

24,154,704

13,697

eBay,

Inc.

735,803

3,163

Etsy,

Inc.

(a)

186,554

25,077,061

CAPITAL

MARKETS

5.4%

1,656

Ameriprise

Financial,

Inc.

707,427

12,517

Bank

of

New

York

Mellon

Corp.

(The)

749,643

2,301

BlackRock,

Inc.

1,811,623

11,867

Blackstone,

Inc.

1,469,135

1,742

Cboe

Global

Markets,

Inc.

296,245

24,594

Charles

Schwab

Corp.

(The)

1,812,332

5,936

CME

Group,

Inc.

1,167,018

629

FactSet

Research

Systems,

Inc.

256,802

4,963

Franklin

Resources,

Inc.

110,923

5,381

Goldman

Sachs

Group,

Inc.

(The)

2,433,934

9,434

Intercontinental

Exchange,

Inc.

1,291,420

7,405

Invesco

Ltd.

110,779

625

MarketAxess

Holdings,

Inc.

125,331

2,598

Moody's

Corp.

1,093,576

20,658

Morgan

Stanley

2,007,751

1,309

MSCI,

Inc.

630,611

6,287

Nasdaq,

Inc.

378,855

3,383

Northern

Trust

Corp.

284,104

3,109

Raymond

James

Financial,

Inc.

384,303

5,299

S&P

Global,

Inc.

2,363,354

SHARES

SECURITY

DESCRIPTION

VALUE

$

4,984

State

Street

Corp.

368,816

3,698

T

Rowe

Price

Group,

Inc.

426,416

20,280,398

CONSUMER

FINANCE

1.0%

9,418

American

Express

Co.

2,180,738

6,278

Capital

One

Financial

Corp.

869,189

4,127

Discover

Financial

Services

539,853

6,710

Synchrony

Financial

316,645

3,906,425

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

8.2%

15,546

Costco

Wholesale

Corp.

13,213,944

8,736

Dollar

General

Corp.

1,155,161

8,230

Dollar

Tree,

Inc.

(a)

878,717

26,306

Kroger

Co.

(The)

1,313,459

19,769

Sysco

Corp.

1,411,309

18,383

Target

Corp.

2,721,419

28,452

Walgreens

Boots

Alliance,

Inc.

344,127

149,687

Walmart,

Inc.

10,135,307

31,173,443

DISTRIBUTORS

0.3%

3,690

Genuine

Parts

Co.

510,400

7,044

LKQ

Corp.

292,960

1,020

Pool

Corp.

313,477

1,116,837

DIVERSIFIED

TELECOMMUNICATION

SERVICES

2.2%

232,521

AT&T,

Inc.

4,443,476

98,225

Verizon

Communications,

Inc.

4,050,799

8,494,275

ENTERTAINMENT

5.1%

30,917

Electronic

Arts,

Inc.

4,307,666

18,422

Live

Nation

Entertainment,

Inc.

(a)

1,726,878

6,693

Netflix,

Inc.

(a)

4,516,972

20,559

Take-Two

Interactive

Software,

Inc.

(a)

3,196,719

33,793

Walt

Disney

Co.

(The)

3,355,307

287,739

Warner

Bros

Discovery,

Inc.

(a)

2,140,778

19,244,320

FINANCIAL

SERVICES

7.7%

29,995

Berkshire

Hathaway,

Inc.

-

Class

B

(a)

12,201,966

1,191

Corpay,

Inc.

(a)

317,294

9,780

Fidelity

National

Information

Services,

Inc.

737,021

9,897

Fiserv,

Inc.

(a)

1,475,049

4,303

Global

Payments,

Inc.

416,100

1,200

Jack

Henry

&

Associates,

Inc.

199,224

13,608

Mastercard,

Inc.

-

Class

A

6,003,305

17,851

PayPal

Holdings,

Inc.

(a)

1,035,894

26,041

Visa,

Inc.

-

Class

A

6,834,981

29,220,834

FOOD

PRODUCTS

3.5%

21,153

Archer-Daniels-Midland

Co.

1,278,699

5,772

Bunge

Global

SA

616,276

7,863

Campbell

Soup

Co.

355,329

18,989

Conagra

Brands,

Inc.

539,667

22,546

General

Mills,

Inc.

1,426,261

5,956

Hershey

Co.

(The)

1,094,891

11,497

Hormel

Foods

Corp.

350,544

4,225

J

M

Smucker

Co.

(The)

460,694

10,461

Kellanova

603,390

31,647

Kraft

Heinz

Co.

(The)

1,019,666

5,727

Lamb

Weston

Holdings,

Inc.

481,526

10,016

McCormick

&

Co.,

Inc.

(Non-Voting)

710,535

|

June

30,

2024

21

SHARES

SECURITY

DESCRIPTION

VALUE

$

53,479

Mondelez

International,

Inc.

-

Class

A

3,499,667

11,358

Tyson

Foods,

Inc.

-

Class

A

648,996

13,086,141

HOTELS,

RESTAURANTS

&

LEISURE

5.8%

11,488

Airbnb,

Inc.

-

Class

A

(a)

1,741,925

919

Booking

Holdings,

Inc.

3,640,619

5,719

Caesars

Entertainment,

Inc.

(a)

227,273

26,701

Carnival

Corp.

(a)

499,843

36,076

Chipotle

Mexican

Grill,

Inc.

(a)

2,260,161

3,151

Darden

Restaurants,

Inc.

476,809

923

Domino's

Pizza,

Inc.

476,573

3,443

Expedia

Group,

Inc.

(a)

433,784

6,645

Hilton

Worldwide

Holdings,

Inc.

1,449,939

9,782

Las

Vegas

Sands

Corp.

432,854

6,509

Marriott

International,

Inc.

-

Class

A

1,573,681

14,700

McDonald's

Corp.

3,746,147

7,237

MGM

Resorts

International

(a)

321,612

11,275

Norwegian

Cruise

Line

Holdings

Ltd.

(a)

211,857

6,232

Royal

Caribbean

Cruises

Ltd.

(a)

993,568

29,987

Starbucks

Corp.

2,334,488

2,523

Wynn

Resorts

Ltd.

225,809

7,426

Yum!

Brands,

Inc.

983,648

22,030,590

HOUSEHOLD

DURABLES

1.1%

7,896

DR

Horton,

Inc.

1,112,782

4,049

Garmin

Ltd.

659,663

6,524

Lennar

Corp.

-

Class

A

977,752

1,393

Mohawk

Industries,

Inc.

(a)

158,231

85

NVR,

Inc.

(a)

645,028

5,605

PulteGroup,

Inc.

617,111

4,170,567

HOUSEHOLD

PRODUCTS

5.4%

9,796

Church

&

Dwight

Co.,

Inc.

1,015,649

4,934

Clorox

Co.

(The)

673,343

32,720

Colgate-Palmolive

Co.

3,175,149

13,380

Kimberly-Clark

Corp.

1,849,116

82,290

Procter

&

Gamble

Co.

(The)

13,571,267

20,284,524

INSURANCE

4.0%

8,685

Aflac,

Inc.

775,657

4,322

Allstate

Corp.

(The)

690,051

11,585

American

International

Group,

Inc.

860,070

3,298

Aon

plc

-

Class

A

968,227

6,114

Arch

Capital

Group

Ltd.

(a)

616,841

3,576

Arthur

J

Gallagher

&

Co.

927,293

856

Assurant,

Inc.

142,310

3,901

Brown

&

Brown,

Inc.

348,788

6,671

Chubb

Ltd.

1,701,639

2,588

Cincinnati

Financial

Corp.

305,643

716

Everest

Group

Ltd.

272,810

1,418

Globe

Life,

Inc.

116,673

4,920

Hartford

Financial

Services

Group,

Inc.

(The)

494,657

2,986

Loews

Corp.

223,174

8,098

Marsh

&

McLennan

Cos.,

Inc.

1,706,410

10,121

MetLife,

Inc.

710,393

3,617

Principal

Financial

Group,

Inc.

283,754

9,639

Progressive

Corp.

(The)

2,002,116

5,941

Prudential

Financial,

Inc.

696,226

3,753

Travelers

Cos.,

Inc.

(The)

763,135

3,339

W

R

Berkley

Corp.

262,379

1,690

Willis

Towers

Watson

plc

443,017

15,311,263

SHARES

SECURITY

DESCRIPTION

VALUE

$

INTERACTIVE

MEDIA

&

SERVICES

12.7%

74,839

Alphabet,

Inc.

-

Class

A

13,631,924

62,621

Alphabet,

Inc.

-

Class

C

11,485,944

35,173

Match

Group,

Inc.

(a)

1,068,556

42,535

Meta

Platforms,

Inc.

-

Class

A

21,446,997

47,633,421

LEISURE

PRODUCTS

0.1%

3,444

Hasbro,

Inc.

201,474

MEDIA

4.1%

12,846

Charter

Communications,

Inc.

-

Class

A

(a)

3,840,440

94,979

Comcast

Corp.

-

Class

A

3,719,378

31,004

Fox

Corp.

-

Class

A

1,065,607

17,093

Fox

Corp.

-

Class

B

547,318

49,497

Interpublic

Group

of

Cos.,

Inc.

(The)

1,439,868

48,954

News

Corp.

-

Class

A

1,349,662

14,779

News

Corp.

-

Class

B

419,576

25,576

Omnicom

Group,

Inc.

2,294,167

62,616

Paramount

Global

-

Class

B

650,580

15,326,596

PERSONAL

CARE

PRODUCTS

0.6%

9,250

Estee

Lauder

Cos.,

Inc.

(The)

-

Class

A

984,200

76,270

Kenvue,

Inc.

1,386,589

2,370,789

SPECIALTY

RETAIL

5.8%

457

AutoZone,

Inc.

(a)

1,354,594

5,972

Bath

&

Body

Works,

Inc.

233,207

5,051

Best

Buy

Co.,

Inc.

425,749

4,181

CarMax,

Inc.

(a)

306,635

25,604

Home

Depot,

Inc.

(The)

8,813,920

15,184

Lowe's

Cos.,

Inc.

3,347,464

1,560

O'Reilly

Automotive,

Inc.

(a)

1,647,454

8,880

Ross

Stores,

Inc.

1,290,442

30,096

TJX

Cos.,

Inc.

(The)

3,313,569

2,853

Tractor

Supply

Co.

770,310

1,284

Ulta

Beauty,

Inc.

(a)

495,457

21,998,801

TEXTILES,

APPAREL

&

LUXURY

GOODS

1.2%

680

Deckers

Outdoor

Corp.

(a)

658,206

3,047

Lululemon

Athletica,

Inc.

(a)

910,139

32,266

NIKE,

Inc.

-

Class

B

2,431,888

1,031

Ralph

Lauren

Corp.

180,487

6,077

Tapestry,

Inc.

260,035

4,440,755

TOBACCO

2.0%

69,905

Altria

Group,

Inc.

3,184,173

43,664

Philip

Morris

International,

Inc.

4,424,473

7,608,646

WIRELESS

TELECOMMUNICATION

SERVICES

1.2%

25,207

T-Mobile

US,

Inc.

4,440,969

Total

Common

Stocks

(Cost

$346,356,839)

377,511,932

SHORT

TERM

INVESTMENTS

0.2%

351,841

JPMorgan

U.S.

Government

Money

Market

Fund

-

Class

IM

5.25%

(b)

351,841

22

DoubleLine

ETF

Trust

Schedule

of

Investments

DoubleLine

Shiller

CAPE

®

U.S.

Equities

ETF

(Cont.)

(Unaudited)

June

30,

2024

SHARES

SECURITY

DESCRIPTION

VALUE

$

351,841

Morgan

Stanley

Institutional

Liquidity

Funds

Government

Portfolio

-

Institutional

Share

Class

5.22%

(b)

351,841

Total

Short

Term

Investments

(Cost

$703,682)

703,682

Total

Investments

100.0%

(Cost

$347,060,521)

378,215,614

Other

Assets

in

Excess

of

Liabilities

0.0%

(c)

131,805

NET

ASSETS

100.0%

$378,347,419

(a)

Non-income

producing

security.

(b)

Seven-day

yield

as

of

period

end.

(c)

Represents

less

than

0.05%

of

net

assets.

Schedule

of

Investments

DoubleLine

Commercial

Real

Estate

ETF

(Unaudited)

June

30,

2024

|

June

30,

2024

23

P

RINCIPAL

A

MOUNT

$/S

HARES

S

ECURITY

D

ESCRIPTION

R

ATE

M

ATURITY

V

ALUE

$

ASSET

BACKED

OBLIGATIONS

10.8%

ACREC

LLC

,

1,000,000

Series

2023-FL2-B

(CME

Term

SOFR

1

Month

+

3.48%,

3.48%

Floor)

8.81%

(a)

02/19/2038

1,013,336

Arbor

Realty

Commercial

Real

Estate

Notes

Ltd.

,

2,280,000

Series

2022-FL1-A

(SOFR

30

Day

Average

+

1.45%,

1.45%

Floor)

6.78%

(a)

01/15/2037

2,273,860

AREIT

Trust

,

245,359

Series

2021-CRE5-A

(CME

Term

SOFR

1

Month

+

1.19%,

1.08%

Floor)

6.52%

(a)

11/17/2038

244,904

BDS

,

689,328

Series

2021-FL8-A

(CME

Term

SOFR

1

Month

+

1.03%,

0.92%

Floor)

6.37%

(a)

01/18/2036

691,157

BSPRT

Issuer

Ltd.

,

2,000,000

Series

2023-FL10-A

(CME

Term

SOFR

1

Month

+

2.26%,

2.26%

Floor)

7.59%

(a)

09/15/2035

2,021,218

BXMT

Ltd.

,

555,978

Series

2020-FL2-A

(CME

Term

SOFR

1

Month

+

1.01%,

1.01%

Floor)

6.34%

(a)

02/15/2038

535,337

FS

Rialto

,

2,000,000

Series

2019-FL1-B

(CME

Term

SOFR

1

Month

+

2.01%,

1.90%

Floor)

7.34%

(a)

12/16/2036

1,986,822

GPMT

Ltd.

,

120,000

Series

2021-FL4-AS

(CME

Term

SOFR

1

Month

+

1.81%,

1.70%

Floor)

7.16%

(a)

12/15/2036

115,733

Greystone

CRE

Notes

Ltd.

,

550,000

Series

2021-FL3-B

(CME

Term

SOFR

1

Month

+

1.76%,

1.65%

Floor)

7.09%

(a)

07/15/2039

544,319

HERA

Commercial

Mortgage

Ltd.

,

506,102

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.16%,

1.05%

Floor)

6.50%

(a)

02/18/2038

498,716

HGI

CRE

CLO

Ltd.

,

282,315

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.16%,

1.16%

Floor)

6.49%

(a)

06/16/2036

281,750

KREF

Ltd.

,

250,000

Series

2022-FL3-AS

(CME

Term

SOFR

1

Month

+

1.90%,

1.90%

Floor)

7.24%

(a)

02/17/2039

247,326

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

LoanCore

Issuer

Ltd.

,

1,425,000

Series

2021-CRE5-

AS

(CME

Term

SOFR

1

Month

+

1.86%,

1.86%

Floor)

7.19%

(a)

07/15/2036

1,407,481

Ready

Capital

Mortgage

Financing

LLC

,

536,766

Series

2021-FL7-A

(CME

Term

SOFR

1

Month

+

1.31%,

1.20%

Floor)

6.66%

(a)

11/25/2036

536,362

TRTX

Issuer

Ltd.

,

1,500,000

Series

2022-FL5-AS

(CME

Term

SOFR

1

Month

+

2.15%,

2.15%

Floor)

7.48%

(a)

02/15/2039

1,479,876

VMC

Finance

LLC

,

1,844,494

Series

2022-FL5-A

(SOFR

30

Day

Average

+

1.90%,

1.90%

Floor)

7.23%

(a)

02/18/2039

1,841,511

Total

Asset

Backed

Obligations

(Cost

$15,649,349)

15,719,708

COLLATERALIZED

LOAN

OBLIGATIONS

15.8%

Arbor

Realty

Commercial

Real

Estate

Notes

Ltd.

,

723,052

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.08%,

0.97%

Floor)

6.41%

(a)

12/15/2035

722,087

1,443,882

Series

2021-FL3-A

(CME

Term

SOFR

1

Month

+

1.18%,

1.18%

Floor)

6.51%

(a)

08/15/2034

1,439,940

BRSP

Ltd.

,

1,449,433

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.26%,

1.15%

Floor)

6.60%

(a)

08/19/2038

1,434,571

BSPDF

Issuer

Ltd.

,

462,902

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.31%,

1.20%

Floor)

6.64%

(a)

10/15/2036

458,923

BSPRT

Issuer

Ltd.

,

889,930

Series

2021-FL6-A

(CME

Term

SOFR

1

Month

+

1.21%,

1.10%

Floor)

6.54%

(a)

03/15/2036

885,600

FS

Rialto

,

1,313,536

Series

2021-FL2-A

(CME

Term

SOFR

1

Month

+

1.33%,

1.33%

Floor)

6.66%

(a)

05/16/2038

1,302,893

1,899,532

Series

2021-FL3-A

(CME

Term

SOFR

1

Month

+

1.36%,

1.36%

Floor)

6.69%

(a)

11/16/2036

1,897,465

GPMT

Ltd.

,

780,352

Series

2021-FL3-A

(CME

Term

SOFR

1

Month

+

1.36%,

1.36%

Floor)

6.70%

(a)

07/16/2035

772,029

24

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

1,749,620

Series

2021-FL4-A

(CME

Term

SOFR

1

Month

+

1.46%,

1.35%

Floor)

6.81%

(a)

12/15/2036

1,718,338

HGI

CRE

CLO

Ltd.

,

832,135

Series

2021-FL2-A

(CME

Term

SOFR

1

Month

+

1.11%,

1.11%

Floor)

6.44%

(a)

09/17/2036

828,862

KREF

Ltd.

,

1,387,188

Series

2021-FL2-A

(CME

Term

SOFR

1

Month

+

1.18%,

1.07%

Floor)

6.51%

(a)

02/15/2039

1,370,603

LCCM

Trust

,

767,501

Series

2021-FL3-A

(CME

Term

SOFR

1

Month

+

1.56%,

1.56%

Floor)

6.89%

(a)

11/15/2038

761,770

LFT

CRE

Ltd.

,

1,283,079

Series

2021-FL1-A

(CME

Term

SOFR

1

Month

+

1.28%,

1.28%

Floor)

6.61%

(a)

06/15/2039

1,285,006

LoanCore

Issuer

Ltd.

,

517,362

Series

2021-CRE5-A

(CME

Term

SOFR

1

Month

+

1.41%,

1.41%

Floor)

6.74%

(a)

07/15/2036

514,988

805,265

Series

2021-CRE6-A

(CME

Term

SOFR

1

Month

+

1.41%,

1.30%

Floor)

6.74%

(a)

11/15/2038

801,810

MF1

Multifamily

Housing

Mortgage

Loan

Trust

,

1,013,209

Series

2021-FL6-A

(CME

Term

SOFR

1

Month

+

1.21%,

1.10%

Floor)

6.55%

(a)

07/16/2036

1,009,225

1,031,615

Series

2021-FL7-A

(CME

Term

SOFR

1

Month

+

1.19%,

1.08%

Floor)

6.53%

(a)

10/16/2036

1,027,402

1,000,000

Series

2021-FL7-B

(CME

Term

SOFR

1

Month

+

1.86%,

1.75%

Floor)

7.20%

(a)

10/16/2036

976,994

1,500,000

Series

2023-FL12-C

(CME

Term

SOFR

1

Month

+

3.78%,

3.78%

Floor)

9.12%

(a)

10/19/2038

1,510,694

STWD

Ltd.

,

104,785

Series

2019-FL1-A

(CME

Term

SOFR

1

Month

+

1.19%,

1.19%

Floor)

6.52%

(a)

07/15/2038

104,501

1,000,000

Series

2019-FL1-AS

(CME

Term

SOFR

1

Month

+

1.51%,

1.51%

Floor)

6.84%

(a)

07/15/2038

988,665

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

TRTX

Issuer

Ltd.

,

1,236,574

Series

2022-FL5-A

(CME

Term

SOFR

1

Month

+

1.65%,

1.65%

Floor)

6.98%

(a)

02/15/2039

1,228,512

Total

Collateralized

Loan

Obligations

(Cost

$22,738,134)

23,040,878

NON-AGENCY

COMMERCIAL

MORTGAGE

BACKED

OBLIGATIONS

56.1%

Austin

Fairmont

Hotel

Trust

,

1,500,000

Series

2019-FAIR-A

(CME

Term

SOFR

1

Month

+

1.10%,

1.05%

Floor)

6.43%

(a)

09/15/2032

1,497,827

BANK

,

130,443

Series

2019-BN22-A1

2.08%

11/15/2062

129,650

515,047

Series

2021-BN33-A1

0.61%

05/15/2064

491,429

650,000

Series

2021-BN36-A2

2.13%

09/15/2064

591,984

640,650

Series

2022-BNK39-A1

1.74%

02/15/2055

607,504

130,276

Series

2023-BNK45-A1

5.43%

02/15/2056

129,921

894,764

Series

2023-BNK46-A1

6.01%

08/15/2056

899,433

1,950,000

Series

2024-BNK47-A1

5.52%

06/15/2057

1,958,213

BANK5

,

419,923

Series

2023-5YR2-A1

6.20%

07/15/2056

423,830

925,000

Series

2024-5YR7-A1

5.82%

06/15/2057

926,648

1,000,000

Series

2024-5YR7-A2

5.79%

06/15/2057

1,014,787

BANK5

Trust

,

1,904,494

Series

2024-5YR6-A1

5.86%

05/15/2057

1,919,107

BBCMS

Mortgage

Trust

,

107,755

Series

2017-C1-ASB

3.49%

02/15/2050

104,781

608,692

Series

2023-C19-A1

5.70%

04/15/2056

608,031

936,117

Series

2023-C22-A1

6.36%

11/15/2056

954,572

806,654

Series

2024-5C25-A1

5.49%

03/15/2057

808,335

1,250,000

Series

2024-5C27-A2

5.55%

07/15/2057

1,260,397

2,118,134

Series

2024-C24-A1

5.23%

02/15/2057

2,099,546

BBCMS

Trust

,

550,000

Series

2018-CBM-A

(CME

Term

SOFR

1

Month

+

1.30%,

1.25%

Floor)

6.63%

(a)

07/15/2037

540,468

Benchmark

Mortgage

Trust

,

1,048,740

Series

2018-B2-A2

3.66%

02/15/2051

1,028,681

1,250,000

Series

2018-B3-A3

3.75%

04/10/2051

1,230,697

12,911,212

Series

2019-B14-XA

0.89%

(b)(c)

12/15/2062

304,010

1,800,000

Series

2019-B15-A2

2.91%

12/15/2072

1,693,608

100,360

Series

2020-B21-A1

0.54%

12/17/2053

98,157

361,572

Series

2023-V2-A1

5.85%

05/15/2055

360,492

14,076,200

Series

2023-V2-XA

1.22%

(b)(c)

05/15/2055

455,547

338,183

Series

2024-V5-A1

5.32%

01/10/2057

336,322

1,650,000

Series

2024-V7-A1

5.63%

05/15/2056

1,663,206

1,000,000

Series

2024-V7-A2

5.77%

05/15/2056

1,016,854

|

June

30,

2024

25

Schedule

of

Investments

DoubleLine

Commercial

Real

Estate

ETF

(Cont.)

(Unaudited)

June

30,

2024

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

BMARK

,

677,630

Series

2023-V4-A1

6.45%

11/15/2056

687,489

BMO

Mortgage

Trust

,

493,556

Series

2022-C1-A1

2.20%

02/15/2055

472,519

130,724

Series

2022-C3-A1

5.43%

(b)

09/15/2054

129,727

530,322

Series

2023-5C2-A1

6.80%

11/15/2056

539,429

1,628,313

Series

2023-C7-A1

5.90%

12/15/2056

1,639,652

85,000

Series

2024-5C3-A1

5.14%

02/15/2057

84,519

1,977,391

Series

2024-5C4-A1

6.02%

05/15/2057

1,995,460

1,408,000

Series

2024-C9-A1

5.48%

07/15/2057

1,407,997

BX

Commercial

Mortgage

Trust

,

409,752

Series

2019-IMC-A

(CME

Term

SOFR

1

Month

+

1.05%,

1.00%

Floor)

6.38%

(a)

04/15/2034

405,452

906,233

Series

2020-VKNG-A

(CME

Term

SOFR

1

Month

+

1.04%,

0.93%

Floor)

6.37%

(a)

10/15/2037

901,549

565,907

Series

2021-ACNT-A

(CME

Term

SOFR

1

Month

+

0.96%,

0.85%

Floor)

6.29%

(a)

11/15/2038

559,647

1,250,000

Series

2021-CIP-A

(CME

Term

SOFR

1

Month

+

1.04%,

0.92%

Floor)

6.36%

(a)

12/15/2038

1,237,012

1,759,000

Series

2021-VOLT-A

(CME

Term

SOFR

1

Month

+

0.81%,

0.70%

Floor)

6.14%

(a)

09/15/2036

1,738,289

1,330,386

Series

2021-XL2-A

(CME

Term

SOFR

1

Month

+

0.80%,

0.69%

Floor)

6.13%

(a)

10/15/2038

1,317,167

BX

Trust

,

1,000,000

Series

2024-VLT4-A

(CME

Term

SOFR

1

Month

+

1.49%,

1.49%

Floor)

6.81%

(a)

07/15/2029

1,000,367

CEDR

Commercial

Mortgage

Trust

,

1,000,000

Series

2022-SNAI-A

(CME

Term

SOFR

1

Month

+

0.99%,

0.99%

Floor)

6.32%

(a)

02/15/2039

942,018

Citigroup

Commercial

Mortgage

Trust

,

750,000

Series

2015-GC27-A5

3.14%

02/10/2048

741,240

999,938

Series

2015-P1-A4

3.46%

09/15/2048

982,343

500,000

Series

2015-P1-A5

3.72%

09/15/2048

487,599

1,250,000

Series

2016-P4-A4

2.90%

07/10/2049

1,182,480

890,901

Series

2017-P7-A3

3.44%

04/14/2050

847,029

64,460

Series

2020-GC46-A1

1.85%

02/15/2053

63,527

Cold

Storage

Trust

,

1,331,952

Series

2020-ICE5-A

(CME

Term

SOFR

1

Month

+

1.01%,

0.90%

Floor)

6.34%

(a)

11/15/2037

1,327,519

Commercial

Mortgage

Trust

,

1,419,784

Series

2014-CR17-A5

3.98%

05/10/2047

1,406,725

355,277

Series

2014-CR18-AM

4.10%

07/15/2047

354,284

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

304,833

Series

2014-UBS5-A4

3.84%

09/10/2047

303,623

1,250,000

Series

2015-CR25-A4

3.76%

08/10/2048

1,220,449

320,000

Series

2015-LC21-A4

3.71%

07/10/2048

313,486

600,000

Series

2015-PC1-A5

3.90%

07/10/2050

590,540

1,000,000

Series

2016-COR1-A4

3.09%

10/10/2049

936,822

CORE

Mortgage

Trust

,

140,327

Series

2019-CORE-B

(CME

Term

SOFR

1

Month

+

1.15%,

1.10%

Floor)

6.48%

(a)

12/15/2031

136,216

CSAIL

Commercial

Mortgage

Trust

,

1,031,473

Series

2015-C3-A3

3.45%

08/15/2048

1,015,169

68,396

Series

2020-C19-A1

1.30%

03/15/2053

66,971

CSMC

Trust

,

1,600,000

Series

2016-NXSR-A4

3.79%

(b)

12/15/2049

1,530,032

Extended

Stay

America

Trust

,

1,497,861

Series

2021-ESH-A

(CME

Term

SOFR

1

Month

+

1.19%,

1.08%

Floor)

6.52%

(a)

07/15/2038

1,493,229

GS

Mortgage

Securities

Trust

,

369,036

Series

2013-GC13-AS

3.98%

(a)(b)

07/10/2046

353,177

200,000

Series

2015-GC28-B

3.98%

02/10/2048

195,755

1,000,000

Series

2015-GC34-A4

3.51%

10/10/2048

957,781

28,857

Series

2020-GC45-A1

2.02%

02/13/2053

28,774

HTL

Commercial

Mortgage

Trust

,

2,000,000

Series

2024-T53-A

6.07%

(a)(b)

05/10/2039

1,998,192

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

,

618,086

Series

2016-JP3-A4

2.63%

08/15/2049

585,594

JPMBB

Commercial

Mortgage

Securities

Trust

,

629,176

Series

2015-C30-A4

3.55%

07/15/2048

616,550

500,634

Series

2015-C31-A3

3.80%

08/15/2048

488,862

680,000

Series

2015-C32-A5

3.60%

11/15/2048

654,874

500,000

Series

2015-C33-AS

4.02%

12/15/2048

482,231

JPMCC

Commercial

Mortgage

Securities

Trust

,

380,671

Series

2017-JP5-A4

3.46%

03/15/2050

363,207

LCCM

Trust

,

538,125

Series

2017-LC26-A3

3.29%

(a)

07/12/2050

509,532

Med

Trust

,

1,492,836

Series

2021-MDLN-C

(CME

Term

SOFR

1

Month

+

1.91%,

1.80%

Floor)

7.24%

(a)

11/15/2038

1,493,931

MF1

Multifamily

Housing

Mortgage

Loan

Trust

,

1,500,000

Series

2021-FL5-B

(CME

Term

SOFR

1

Month

+

1.56%,

1.56%

Floor)

6.89%

(a)

07/15/2036

1,493,802

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

,

104,505

Series

2014-C18-A4

3.92%

10/15/2047

103,981

739,068

Series

2014-C19-A3

3.25%

12/15/2047

735,277

1,000,000

Series

2015-C23-AS

4.00%

(b)

07/15/2050

973,468

Morgan

Stanley

Capital

I

,

1,337,539

Series

2017-HR2-A3

3.33%

12/15/2050

1,251,153

26

DoubleLine

ETF

Trust

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

Morgan

Stanley

Capital

I

Trust

,

1,000,000

Series

2016-UBS9-A4

3.59%

03/15/2049

958,095

MSWF

Commercial

Mortgage

Trust

,

167,802

Series

2023-1-A1

5.54%

05/15/2056

167,104

1,350,769

Series

2023-2-A1

5.96%

12/15/2056

1,357,024

PFP

Ltd.

,

194,545

Series

2021-8-A

(CME

Term

SOFR

1

Month

+

1.11%,

1.00%

Floor)

6.44%

(a)

08/09/2037

193,881

UBS

Commercial

Mortgage

Trust

,

1,600,366

Series

2018-C8-A3

3.72%

02/15/2051

1,514,617

WB

Commercial

Mortgage

Trust

,

1,000,000

Series

2024-HQ-A

6.13%

(a)(b)

03/15/2040

1,002,849

Wells

Fargo

Commercial

Mortgage

Trust

,

89,765

Series

2015-C27-A4

3.19%

02/15/2048

88,679

1,000,000

Series

2015-C27-A5

3.45%

02/15/2048

982,262

1,250,000

Series

2015-C30-A4

3.66%

09/15/2058

1,220,413

1,000,000

Series

2015-LC22-A4

3.84%

09/15/2058

974,307

328,000

Series

2015-NXS3-AS

3.97%

(b)

09/15/2057

317,469

1,000,000

Series

2015-P2-A4

3.81%

12/15/2048

973,322

745,461

Series

2016-BNK1-A2

2.40%

08/15/2049

703,730

725,000

Series

2016-C33-A4

3.43%

03/15/2059

697,843

1,250,000

Series

2016-C34-A4

3.10%

06/15/2049

1,196,574

WFRBS

Commercial

Mortgage

Trust

,

125,391

Series

2013-C14-AS

3.49%

06/15/2046

120,202

500,000

Series

2014-C22-A5

3.75%

09/15/2057

494,765

165,810

Series

2014-C23-A4

3.65%

10/15/2057

165,078

Total

Non-Agency

Commercial

Mortgage

Backed

Obligations

(Cost

$80,956,141)

81,625,968

NON-AGENCY

RESIDENTIAL

COLLATERALIZED

MORTGAGE

OBLIGATIONS

1.2%

AREIT

Trust

,

1,037,311

Series

2022-CRE6-A

(SOFR

30

Day

Average

+

1.25%,

1.25%

Floor)

6.58%

(a)

01/20/2037

1,034,287

BXMT

Ltd.

,

703,098

Series

2020-FL3-A

(CME

Term

SOFR

1

Month

+

1.51%,

1.51%

Floor)

6.84%

(a)

11/15/2037

686,812

Total

Non-Agency

Residential

Collateralized

Mortgage

Obligations

(Cost

$1,696,472)

1,721,099

US

GOVERNMENT

AND

AGENCY

MORTGAGE

BACKED

OBLIGATIONS

13.5%

FHLMC

,

1,150,000

Pool

WN2424

5.10%

06/01/2028

1,148,776

1,500,000

Pool

WN2557

4.65%

12/01/2028

1,483,024

FHLMC

Multifamily

Structured

Pass-Through

Certificates

,

350,000

Series

K068-A2

3.24%

08/25/2027

333,572

1,720,000

Series

K509-A2

4.85%

09/25/2028

1,716,857

2,259,826

Series

K751-A1

4.37%

03/25/2030

2,229,470

FNMA

,

1,810,000

Pool

AN1461

2.59%

05/01/2026

1,728,055

457,608

Pool

AN5468

3.22%

05/01/2027

437,562

438,444

Pool

AN7502

3.15%

11/01/2027

416,267

1,100,000

Pool

BL0240

3.54%

11/01/2025

1,073,236

690,000

Pool

BL0245

3.43%

11/01/2025

672,217

1,731,806

Pool

BL4949

2.48%

11/01/2029

1,556,673

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

750,000

Pool

BS7662

4.90%

03/01/2028

746,812

1,500,000

Pool

BZ0122

4.69%

01/01/2029

1,492,167

750,000

Pool

BZ0238

5.79%

01/01/2029

762,840

FNMA

ACES

,

4,186,425

Series

2022-M13-A1

2.68%

(b)

04/25/2032

3,874,360

Total

US

Government

and

Agency

Mortgage

Backed

Obligations

(Cost

$19,611,378)

19,671,888

SHORT

TERM

INVESTMENTS

3.8%

2,771,171

JPMorgan

U.S.

Government

Money

Market

Fund

-

Class

IM

5.25%

(d)

2,771,171

2,771,171

Morgan

Stanley

Institutional

Liquidity

Funds

Government

Portfolio

-

Institutional

Share

Class

5.22%

(d)

2,771,171

Total

Short

Term

Investments

(Cost

$5,542,342)

5,542,342

Total

Investments

101.2%

(Cost

$146,193,816)

147,321,883

Liabilities

in

Excess

of

Other

Assets

(1.2)%

(1,723,438)

NET

ASSETS

100.0%

$145,598,445

|

June

30,

2024

27

Schedule

of

Investments

DoubleLine

Commercial

Real

Estate

ETF

(Cont.)

(Unaudited)

June

30,

2024

(a)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

(b)

Coupon

rate

is

variable

or

floats

based

on

components

including

but

not

limited

to

reference

rate

and

spread.

These

securities

may

not

indicate

a

reference

rate

and/or

spread

in

their

description.

The

rate

disclosed

is

as

of

period

end.

(c)

Interest

only

security.

(d)

Seven-day

yield

as

of

period

end.

Abbreviations:

FHLMC

Federal

Home

Loan

Mortgage

Corporation

FNMA

Federal

National

Mortgage

Association

SOFR

Secured

Overnight

Financing

Rate

ACES

Alternative

Credit

Enhancement

Securities

Schedule

of

Investments

DoubleLine

Mortgage

ETF

(Unaudited)

June

30,

2024

28

DoubleLine

ETF

Trust

P

RINCIPAL

A

MOUNT

$/S

HARES

S

ECURITY

D

ESCRIPTION

R

ATE

M

ATURITY

V

ALUE

$

NON-AGENCY

RESIDENTIAL

COLLATERALIZED

MORTGAGE

OBLIGATIONS

15.4%

CIM

Trust

,

870,382

Series

2023-R4-A1

5.00%

(a)(b)

05/25/2062

854,998

Connecticut

Avenue

Securities

Trust

,

835,462

Series

2023-R07-

2M1

(SOFR

30

Day

Average

+

1.95%)

7.29%

(b)

09/25/2043

842,052

2,000,000

Series

2024-R01-

1M2

(SOFR

30

Day

Average

+

1.80%,

1.80%

Floor)

7.14%

(b)

01/25/2044

2,030,399

1,500,000

Series

2024-R02-

1M2

(SOFR

30

Day

Average

+

1.80%,

1.80%

Floor)

7.14%

(b)

02/25/2044

1,517,115

CSMC

Trust

,

916,495

Series

2018-RPL9-A

3.85%

(a)(b)

09/25/2057

864,379

1,005,546

Series

2021-RPL3-A1

2.00%

(a)(b)

01/25/2060

868,898

Deephaven

Residential

Mortgage

Trust

,

821,486

Series

2022-2-A1

4.30%

(a)(b)

03/25/2067

780,491

FHLMC

STACR

REMIC

Trust

,

638,077

Series

2021-HQA3-M1

(SOFR

30

Day

Average

+

0.85%)

6.19%

(b)

09/25/2041

636,928

1,000,000

Series

2022-DNA3-

M1B

(SOFR

30

Day

Average

+

2.90%)

8.24%

(b)

04/25/2042

1,040,517

1,495,121

Series

2023-HQA2-

M1A

(SOFR

30

Day

Average

+

2.00%)

7.34%

(b)

06/25/2043

1,508,703

6,000,000

Series

2024-DNA1-M2

(SOFR

30

Day

Average

+

1.95%)

7.29%

(b)

02/25/2044

6,069,090

6,000,000

Series

2024-HQA1-M2

(SOFR

30

Day

Average

+

2.00%)

7.34%

(b)

03/25/2044

6,043,397

New

Residential

Mortgage

Loan

Trust

,

5,420,121

Series

2024-NQM1-A1

6.13%

(b)(c)

03/25/2064

5,437,757

OBX

Trust

,

1,347,225

Series

2023-NQM10-A1

6.46%

(b)(c)

10/25/2063

1,354,843

812,971

Series

2023-NQM3-A1

5.95%

(b)(c)

02/25/2063

810,166

1,631,568

Series

2023-NQM5-A1A

6.57%

(b)(c)

06/25/2063

1,644,799

1,843,570

Series

2024-NQM1-A2

6.25%

(b)(c)

11/25/2063

1,841,376

958,140

Series

2024-NQM4-A1

6.07%

(b)(c)

01/25/2064

957,340

1,956,594

Series

2024-NQM6-A1

6.45%

(b)(c)

02/25/2064

1,972,356

Verus

Securitization

Trust

,

1,595,687

Series

2023-5-A1

6.48%

(b)(c)

06/25/2068

1,599,348

881,955

Series

2023-7-A1

7.07%

(b)(c)

10/25/2068

897,242

1,778,256

Series

2023-8-A1

6.26%

(b)(c)

12/25/2068

1,785,039

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

939,557

Series

2023-INV3-A1

6.88%

(a)(b)

11/25/2068

955,492

1,861,603

Series

2024-1-A2

5.92%

(b)(c)

01/25/2069

1,850,671

Total

Non-Agency

Residential

Collateralized

Mortgage

Obligations

(Cost

$43,877,396)

44,163,396

US

GOVERNMENT

AND

AGENCY

MORTGAGE

BACKED

OBLIGATIONS

94.5%

FHLMC

REMICS

,

2,111,295

Series

4631-GF

(SOFR

30

Day

Average

+

0.61%,

0.50%

Floor,

6.50%

Cap)

5.95%

11/15/2046

2,075,877

1,343,073

Series

5008-DI

3.00%

(d)

09/25/2050

182,419

6,423,669

Series

5083-IH

2.50%

(d)

03/25/2051

991,842

3,133,983

Series

5092-FK

(SOFR

30

Day

Average

+

0.70%,

0.70%

Floor,

4.00%

Cap)

4.00%

03/25/2051

2,373,651

6,208,468

Series

5188-IA

3.00%

(d)

02/25/2052

987,619

FHLMC

UMBS

,

5,838,978

Pool

QH2160

6.00%

10/01/2053

5,937,116

5,483,246

Pool

RA2853

2.50%

06/01/2050

4,519,793

3,102,818

Pool

RA9431

5.50%

07/01/2053

3,080,946

4,555,453

Pool

SD0500

3.00%

08/01/2050

3,964,269

2,443,773

Pool

SD2912

5.00%

05/01/2053

2,378,994

4,694,174

Pool

SD2969

2.50%

05/01/2052

3,906,940

2,061,372

Pool

SD3139

3.50%

07/01/2052

1,826,301

4,156,418

Pool

SD3354

5.00%

06/01/2053

4,018,979

2,872,765

Pool

SD3592

5.50%

08/01/2053

2,847,654

2,855,289

Pool

SD3745

6.00%

09/01/2053

2,883,211

4,790,274

Pool

SD4270

2.00%

02/01/2052

3,816,645

4,801,657

Pool

SD4296

2.00%

02/01/2052

3,812,056

5,803,538

Pool

SD4400

2.00%

02/01/2051

4,622,679

10,716,261

Pool

SD4608

2.50%

08/01/2051

8,946,974

4,874,320

Pool

SD4650

5.00%

01/01/2054

4,740,922

4,710,759

Pool

SD4794

6.50%

01/01/2054

4,867,544

2,871,513

Pool

SD4888

6.00%

02/01/2054

2,906,064

7,185,046

Pool

SD5525

5.50%

06/01/2054

7,171,095

2,953,000

Pool

SD5617

6.00%

06/01/2054

3,004,415

6,401,804

Pool

SD7550

3.00%

02/01/2052

5,569,210

4,897,813

Pool

SD7565

5.50%

09/01/2053

4,886,529

7,293,666

Pool

SD7567

5.50%

02/01/2054

7,301,358

2,958,684

Pool

SD8288

5.00%

01/01/2053

2,863,675

4,714,940

Pool

SD8373

6.00%

11/01/2053

4,731,318

FNMA

REMICS

,

1,332,715

Series

2017-99-PY

4.00%

12/25/2047

1,225,079

3,687,263

Series

2021-3-NI

2.50%

(d)

02/25/2051

554,869

5,880,104

Series

2021-88-KI

3.50%

(d)

03/25/2046

1,007,178

6,023,841

Series

2021-94-

3.00%

(d)

01/25/2052

1,030,300

5,312,807

Series

2023-51-BI

3.50%

(d)

04/25/2053

1,014,046

5,895,860

Series

2024-9-BI

3.00%

(d)

03/25/2051

1,018,824

FNMA

UMBS

,

7,476,296

Pool

CA6032

2.50%

06/01/2050

6,225,339

3,199,076

Pool

CB6266

6.00%

05/01/2053

3,227,705

9,689,998

Pool

CB7270

6.00%

10/01/2053

9,798,106

2,873,512

Pool

CB7781

5.50%

01/01/2054

2,839,402

1,927,186

Pool

CB8020

6.50%

02/01/2054

1,965,238

4,666,549

Pool

FM4752

2.50%

11/01/2050

3,888,103

5,990,373

Pool

FM7529

3.00%

05/01/2051

5,168,857

2,150,271

Pool

FM8533

2.50%

03/01/2051

1,795,676

6,248,356

Pool

FS0984

3.00%

04/01/2052

5,396,482

4,000,549

Pool

FS2040

2.00%

02/01/2052

3,141,455

|

June

30,

2024

29

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

4,868,290

Pool

FS2141

3.50%

06/01/2052

4,340,946

5,562,207

Pool

FS5600

2.50%

06/01/2052

4,629,895

2,833,172

Pool

FS5704

2.00%

04/01/2052

2,237,066

5,590,678

Pool

FS6476

2.50%

11/01/2051

4,650,238

4,762,000

Pool

FS6480

2.50%

11/01/2051

3,975,934

11,636,080

Pool

FS6744

2.50%

10/01/2051

9,703,273

3,882,388

Pool

FS7114

5.50%

02/01/2054

3,864,062

7,067,723

Pool

FS7738

6.00%

03/01/2054

7,186,526

3,723,903

Pool

MA3357

4.00%

05/01/2048

3,468,495

4,760,697

Pool

MA4492

2.00%

12/01/2051

3,735,543

3,791,697

Pool

MA4733

4.50%

09/01/2052

3,579,021

466,194

Pool

MA5038

5.00%

06/01/2053

450,800

2,750,671

Pool

MA5039

5.50%

06/01/2053

2,715,158

FNMA/FHLMC

UMBS,

30

Year,

Single

Family

,

6,094,000

Pool

3.00%

(e)

07/25/2054

5,184,661

28,100,000

Pool

6.00%

(e)

07/25/2054

28,182,324

GNMA

,

6,027,696

Series

2015-124-VZ

3.50%

09/20/2045

5,492,122

984,007

Series

2016-116-DF

(CME

Term

SOFR

1

Month

+

0.51%,

0.40%

Floor,

6.50%

Cap)

5.85%

09/20/2046

964,114

3,362,841

Series

2018-146-Z

3.50%

10/20/2048

3,004,070

17,547

Series

2018-22-GZ

3.00%

02/20/2048

15,193

1,390,222

Series

2019-31-GF

(CME

Term

SOFR

1

Month

+

0.56%,

0.45%

Floor,

6.50%

Cap)

5.90%

03/20/2049

1,368,460

17,567,639

Series

2020-151-MI

2.50%

(d)

10/20/2050

2,453,818

PRINCIPAL

AMOUNT

$/SHARES

SECURITY

DESCRIPTION

RATE

MATURITY

VALUE

$

3,541,578

Series

2020-153-CI

2.50%

(d)

10/20/2050

464,603

10,718,759

Series

2020-167-WI

4.00%

(d)

08/20/2046

1,718,592

2,927,082

Series

2020-17-IG

3.00%

(d)

02/20/2050

459,418

4,007,047

Series

2020-183-JI

2.50%

(d)

11/20/2050

594,213

2,141,448

Series

2021-142-

3.00%

(d)

08/20/2051

342,238

4,004,876

Series

2021-206-AI

3.50%

(d)

11/20/2051

706,001

6,208,300

Series

2021-57-JI

3.00%

(d)

03/20/2051

977,224

8,096,754

Series

2022-83-

2.50%

(d)

11/20/2051

1,146,917

5,171,526

Series

2023-24-IH

3.50%

(d)

07/20/2051

962,279

6,167,223

Series

2024-24-BI

3.00%

(d)

12/20/2051

993,699

8,938,618

Series

2024-79-CI

3.50%

(d)

02/20/2052

1,540,070

Total

US

Government

and

Agency

Mortgage

Backed

Obligations

(Cost

$272,434,218)

271,619,727

SHORT

TERM

INVESTMENTS

0.9%

1,250,727

JPMorgan

U.S.

Government

Money

Market

Fund

-

Class

IM

5.25%

(f)

1,250,727

1,250,727

Morgan

Stanley

Institutional

Liquidity

Funds

Government

Portfolio

-

Institutional

Share

Class

5.22%

(f)

1,250,727

Total

Short

Term

Investments

(Cost

$2,501,454)

2,501,454

Total

Investments

110.8%

(Cost

$318,813,068)

318,284,577

Liabilities

in

Excess

of

Other

Assets

(10.8)%

(31,035,868)

NET

ASSETS

100.0%

$287,248,709

(a)

Coupon

rate

is

variable

or

floats

based

on

components

including

but

not

limited

to

reference

rate

and

spread.

These

securities

may

not

indicate

a

reference

rate

and/or

spread

in

their

description.

The

rate

disclosed

is

as

of

period

end.

(b)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

(c)

Step

bond;

coupon

rate

changes

based

on

a

predetermined

schedule

or

event.

The

interest

rate

shown

is

the

rate

in

effect

as

of

period

end.

(d)

Interest

only

security.

(e)

Represents

or

includes

a

TBA

transaction.

(f)

Seven-day

yield

as

of

period

end.

Abbreviations:

FHLMC

Federal

Home

Loan

Mortgage

Corporation

FNMA

Federal

National

Mortgage

Association

GNMA

Government

National

Mortgage

Association

SOFR

Secured

Overnight

Financing

Rate

UMBS

Uniform

Mortgage

Backed

Securities

STACR

Structured

Agency

Credit

Risk

REMIC

Real

Estate

Mortgage

Investment

Conduit

30

DoubleLine

ETF

Trust

Schedule

of

Investments

DoubleLine

Mortgage

ETF

(Cont.)

(Unaudited)

June

30,

2024

Futures

Contracts

Description

Long/Short

Contract

Quantity

Expiration

Date

Notional

Amount

(1)

Unrealized

Appreciation

(Depreciation)

/

Value

U.S.

Treasury

10

Year

Ultra

Bond

Long

60

09/19/2024

$

6,811,875

$

70,417

U.S.

Treasury

Long

Bond

Long

141

09/19/2024

16,682,063

314,121

U.S.

Treasury

5

Year

Note

Long

255

09/30/2024

27,177,422

246,490

U.S.

Treasury

2

Year

Note

Long

330

09/30/2024

67,392,188

(

61,666

)

$569,362

(1)

Notional

Amount

is

determined

based

on

the

number

of

contracts

multiplied

by

the

contract

size

and

the

quoted

daily

settlement

price

in

US

dollars.

Schedule

of

Investments

DoubleLine

Commodity

Strategy

ETF

(Consolidated)

(Unaudited)

June

30,

2024

|

June

30,

2024

31

P

RINCIPAL

A

MOUNT

$/S

HARES

S

ECURITY

D

ESCRIPTION

R

ATE

M

ATURITY

V

ALUE

$

SHORT

TERM

INVESTMENTS

99.7%

1,393,097

JPMorgan

U.S.

Government

Money

Market

Fund

-

Class

IM

5.25%

(a)(b)

1,393,097

1,393,097

Morgan

Stanley

Institutional

Liquidity

Funds

Government

Portfolio

-

Institutional

Share

Class

5.22%

(a)(b)

1,393,097

2,700,000

U.S.

Treasury

Bills

0.00%

(b)

07/11/2024

2,696,065

2,000,000

U.S.

Treasury

Bills

0.00%

(b)

07/30/2024

1,991,550

10,100,000

U.S.

Treasury

Bills

0.00%

(b)

09/10/2024

9,995,810

Total

Short

Term

Investments

(Cost

$17,469,513)

17,469,619

Total

Investments

99.7%

(Cost

$17,469,513)

17,469,619

Other

Assets

in

Excess

of

Liabilities

0.3%

45,486

NET

ASSETS

100.0%

$17,515,105

(a)

Seven-day

yield

as

of

period

end.

(b)

All

or

a

portion

of

this

security

is

owned

by

DoubleLine

Commodity

ETF

Ltd.,

which

is

a

wholly-owned

subsidiary

of

the

DoubleLine

Commodity

Strategy

ETF.

Excess

Return

Swaps

Reference

Entity

Counterparty

Long/Short

Financing

Rate

Payment

Frequency

Termination

Date

Notional

Amount

Value

Upfront

Premiums

Paid/

(Received)

Unrealized

Appreciation

(Depreciation)

Barclays

Backwardation

Tilt

Multi-Strategy

Index

(1)(2)

Barclays

Bank

Plc

Long

0.25%

Termination

07/24/2024

$

17,500,000

$

49,348

$

—

$

49,348

$49,348

$—

$49,348

(1)

All

or

a

portion

of

this

security

is

owned

by

DoubleLine

Commodity

ETF

Ltd.,

which

is

a

wholly-owned

subsidiary

of

the

DoubleLine

Commodity

Strategy

ETF.

(2)

Barclays

Backwardation

Tilt

Multi-Strategy

Index

seeks

to

capture

two

sources

of

potential

outperformance

in

commodity

futures

markets.

The

first

source

of

potential

outperformance

comes

through

selecting,

for

each

relevant

commodity,

the

eligible

futures

contract

that

is

expected

to

offer

the

best

outperformance

relative

to

the

front-month

contract

rolling

exposure

used

by

the

Bloomberg

Commodity

Index.

This

is

achieved

through

the

use

of

certain

futures

contract

selection

methodologies

referred

to

together

as

“Multi-Strategy.”

These

Multi-Strategy

methodologies

select

a

futures

contract

for

each

commodity

that

may

differ

from

the

futures

contract

selected

by

the

Bloomberg

Commodity

Index,

based

on

the

factors

described

above

including

carry,

seasonality

and

momentum.

The

second

source

of

potential

outperformance

comes

through

overweighting

(relative

to

the

weightings

in

the

Bloomberg

Commodity

Index)

the

exposure

of

the

Barclays

Index

to

the

futures

contracts

of

commodities

that

exhibit

the

highest

degree

of

backwardation

in

the

term

structures

of

their

futures

contracts,

while

simultaneously

underweighting

the

exposure

to

the

futures

contracts

of

commodities

that

exhibit

a

lower

degree

of

backwardation.

Historically,

the

commodities

with

a

higher

degree

of

backwardation

have

generally

had

better

historical

average

performance

than

the

commodities

with

a

lower

degree

of

backwardation.

Information

on

the

index

constituents

as

of

period

end,

is

available

on

the

Barclays

Capital,

Inc.

website

at

https://indices.cib.barclays/IM/12/en/indices/

details.app;ticker=BXCS1496.

Schedule

of

Investments

DoubleLine

Fortune

500

Equal

Weight

ETF

(Unaudited)

June

30,

2024

32

DoubleLine

ETF

Trust

SHARES

SECURITY

DESCRIPTION

VALUE

$

COMMON

STOCKS

99.4%

AEROSPACE

&

DEFENSE

1.9%

153

Boeing

Co.

(The)

(a)

27,848

94

General

Dynamics

Corp.

27,273

174

General

Electric

Co.

27,661

112

Huntington

Ingalls

Industries,

Inc.

27,589

125

L3Harris

Technologies,

Inc.

28,072

59

Lockheed

Martin

Corp.

27,559

62

Northrop

Grumman

Corp.

27,029

262

RTX

Corp.

26,302

323

Textron,

Inc.

27,733

247,066

AIR

FREIGHT

&

LOGISTICS

1.1%

322

CH

Robinson

Worldwide,

Inc.

28,375

232

Expeditors

International

of

Washington,

Inc.

28,951

113

FedEx

Corp.

33,882

558

GXO

Logistics,

Inc.

(a)

28,179

202

United

Parcel

Service,

Inc.

-

Class

B

27,644

147,031

AUTOMOBILE

COMPONENTS

1.0%

221

Autoliv,

Inc.

(Sweden)

23,645

783

BorgWarner,

Inc.

25,244

2,009

Dana,

Inc.

24,349

2,263

Goodyear

Tire

&

Rubber

Co.

(The)

(a)

25,684

222

Lear

Corp.

25,355

124,277

AUTOMOBILES

0.9%

2,302

Ford

Motor

Co.

28,867

614

General

Motors

Co.

28,526

159

Tesla,

Inc.

(a)

31,464

287

Thor

Industries,

Inc.

26,820

115,677

BANKS

3.3%

707

Bank

of

America

Corp.

28,117

455

Citigroup,

Inc.

28,874

810

Citizens

Financial

Group,

Inc.

29,184

766

Fifth

Third

Bancorp

27,951

16

First

Citizens

BancShares,

Inc.

-

Class

A

26,938

2,063

Huntington

Bancshares,

Inc.

27,190

122

JPMorgan

Chase

&

Co.

24,676

1,995

KeyCorp

28,349

190

M&T

Bank

Corp.

28,758

8,595

New

York

Community

Bancorp,

Inc.

27,676

182

PNC

Financial

Services

Group,

Inc.

(The)

28,297

1,494

Regions

Financial

Corp.

29,941

759

Truist

Financial

Corp.

29,487

707

US

Bancorp

28,068

474

Wells

Fargo

&

Co.

28,151

421,657

BEVERAGES

1.3%

448

Coca-Cola

Co.

(The)

28,515

112

Constellation

Brands,

Inc.

-

Class

A

28,814

817

Keurig

Dr

Pepper,

Inc.

27,288

526

Molson

Coors

Beverage

Co.

-

Class

B

26,737

545

Monster

Beverage

Corp.

(a)

27,223

163

PepsiCo,

Inc.

26,884

165,461

BIOTECHNOLOGY

1.3%

175

AbbVie,

Inc.

30,016

91

Amgen,

Inc.

28,433

121

Biogen,

Inc.

(a)

28,050

SHARES

SECURITY

DESCRIPTION

VALUE

$

442

Gilead

Sciences,

Inc.

30,326

27

Regeneron

Pharmaceuticals,

Inc.

(a)

28,378

59

Vertex

Pharmaceuticals,

Inc.

(a)

27,654

172,857

BROADLINE

RETAIL

1.5%

158

Amazon.com,

Inc.

(a)

30,533

1,249

Coupang,

Inc.

(South

Korea)

(a)

26,167

523

eBay,

Inc.

28,096

1,163

Kohl's

Corp.

26,737

1,482

Macy's,

Inc.

28,454

1,216

Nordstrom,

Inc.

25,804

39,056

Qurate

Retail,

Inc.

(a)

24,605

190,396

BUILDING

PRODUCTS

1.1%

184

Builders

FirstSource,

Inc.

(a)

25,467

456

Carrier

Global

Corp.

28,765

409

Masco

Corp.

27,268

157

Owens

Corning

27,274

240

UFP

Industries,

Inc.

26,880

135,654

CAPITAL

MARKETS

3.5%

65

Ameriprise

Financial,

Inc.

27,767

473

Bank

of

New

York

Mellon

Corp.

(The)

28,328

35

BlackRock,

Inc.

27,556

387

Charles

Schwab

Corp.

(The)

28,518

1,202

Franklin

Resources,

Inc.

26,865

62

Goldman

Sachs

Group,

Inc.

(The)

28,044

223

Interactive

Brokers

Group,

Inc.

-

Class

A

27,340

210

Intercontinental

Exchange,

Inc.

28,747

609

Jefferies

Financial

Group,

Inc.

(a)

30,304

98

LPL

Financial

Holdings,

Inc.

27,371

289

Morgan

Stanley

28,088

336

Northern

Trust

Corp.

28,217

232

Raymond

James

Financial,

Inc.

28,678

65

S&P

Global,

Inc.

28,990

374

State

Street

Corp.

27,676

377

StoneX

Group,

Inc.

(a)

28,392

450,881

CHEMICALS

2.9%

103

Air

Products

and

Chemicals,

Inc.

26,579

233

Albemarle

Corp.

22,256

191

Celanese

Corp.

-

Class

A

25,764

509

Corteva,

Inc.

27,455

502

Dow,

Inc.

26,631

347

DuPont

de

Nemours,

Inc.

27,930

285

Eastman

Chemical

Co.

27,921

121

Ecolab,

Inc.

28,799

294

International

Flavors

&

Fragrances,

Inc.

27,993

917

Mosaic

Co.

(The)

26,501

214

PPG

Industries,

Inc.

26,940

256

RPM

International,

Inc.

27,566

93

Sherwin-Williams

Co.

(The)

27,754

179

Westlake

Corp.

25,923

376,012

COMMERCIAL

SERVICES

&

SUPPLIES

0.9%

593

ABM

Industries,

Inc.

29,988

41

Cintas

Corp.

28,711

152

Republic

Services,

Inc.

29,540

139

Waste

Management,

Inc.

29,654

117,893

|

June

30,

2024

33

SHARES

SECURITY

DESCRIPTION

VALUE

$

COMMUNICATIONS

EQUIPMENT

0.5%

605

Cisco

Systems,

Inc.

28,744

77

Motorola

Solutions,

Inc.

29,725

58,469

CONSTRUCTION

&

ENGINEERING

1.1%

329

AECOM

28,999

75

EMCOR

Group,

Inc.

27,381

645

Fluor

Corp.

(a)

28,090

251

MasTec,

Inc.

(a)

26,854

103

Quanta

Services,

Inc.

26,171

137,495

CONSTRUCTION

MATERIALS

0.2%

111

Vulcan

Materials

Co.

27,603

CONSUMER

FINANCE

1.1%

729

Ally

Financial,

Inc.

28,919

118

American

Express

Co.

27,323

205

Capital

One

Financial

Corp.

28,382

229

Discover

Financial

Services

29,955

646

Synchrony

Financial

30,486

145,065

CONSUMER

STAPLES

DISTRIBUTION

&

RETAIL

3.4%

1,370

Albertsons

Cos.,

Inc.

-

Class

A

27,058

553

Andersons,

Inc.

(The)

27,429

323

BJ's

Wholesale

Club

Holdings,

Inc.

(a)

28,372

85

Casey's

General

Stores,

Inc.

32,433

34

Costco

Wholesale

Corp.

28,900

201

Dollar

General

Corp.

26,578

232

Dollar

Tree,

Inc.

(a)

24,771

543

Kroger

Co.

(The)

27,112

395

Performance

Food

Group

Co.

(a)

26,113

1,433

SpartanNash

Co.

26,883

383

Sysco

Corp.

27,342

182

Target

Corp.

26,943

2,297

United

Natural

Foods,

Inc.

(a)

30,091

530

US

Foods

Holding

Corp.

(a)

28,079

1,769

Walgreens

Boots

Alliance,

Inc.

21,396

429

Walmart,

Inc.

29,048

438,548

CONTAINERS

&

PACKAGING

1.8%

125

Avery

Dennison

Corp.

27,331

406

Ball

Corp.

24,368

455

Berry

Global

Group,

Inc.

26,777

336

Crown

Holdings,

Inc.

24,995

1,010

Graphic

Packaging

Holding

Co.

26,472

613

International

Paper

Co.

26,451

2,275

O-I

Glass,

Inc.

(a)

25,321

153

Packaging

Corp.

of

America

27,932

517

Westrock

Co.

25,984

235,631

DISTRIBUTORS

0.6%

760

A-Mark

Precious

Metals,

Inc.

24,601

195

Genuine

Parts

Co.

26,972

651

LKQ

Corp.

27,076

78,649

DIVERSIFIED

TELECOMMUNICATION

SERVICES

0.6%

1,559

AT&T,

Inc.

29,793

21,738

Lumen

Technologies,

Inc.

(a)

23,912

685

Verizon

Communications,

Inc.

28,249

81,954

SHARES

SECURITY

DESCRIPTION

VALUE

$

ELECTRIC

UTILITIES

2.9%

311

American

Electric

Power

Co.,

Inc.

27,286

135

Constellation

Energy

Corp.

27,036

272

Duke

Energy

Corp.

27,263

368

Edison

International

26,426

250

Entergy

Corp.

26,750

470

Eversource

Energy

26,654

755

Exelon

Corp.

26,131

699

FirstEnergy

Corp.

26,751

361

NextEra

Energy,

Inc.

25,562

357

NRG

Energy,

Inc.

27,795

1,543

PG&E

Corp.

26,941

961

PPL

Corp.

26,572

350

Southern

Co.

(The)

27,150

509

Xcel

Energy,

Inc.

27,186

375,503

ELECTRICAL

EQUIPMENT

0.5%

258

Emerson

Electric

Co.

28,421

109

Rockwell

Automation,

Inc.

30,006

58,427

ELECTRONIC

EQUIPMENT,

INSTRUMENTS

&

COMPONENTS

1.9%

428

Amphenol

Corp.

-

Class

A

28,834

213

Arrow

Electronics,

Inc.

(a)

25,722

515

Avnet,

Inc.

26,517

126

CDW

Corp.

28,204

752

Corning,

Inc.

29,216

143

Insight

Enterprises,

Inc.

(a)

28,365

240

Jabil,

Inc.

26,110

419

Sanmina

Corp.

(a)

27,759

216

TD

SYNNEX

Corp.

24,926

245,653

ENERGY

EQUIPMENT

&

SERVICES

0.7%

877

Baker

Hughes

Co.

30,844

809

Halliburton

Co.

27,328

1,584

NOV,

Inc.

30,112

88,284

ENTERTAINMENT

1.1%

210

Electronic

Arts,

Inc.

29,259

298

Live

Nation

Entertainment,

Inc.

(a)

27,935

45

Netflix,

Inc.

(a)

30,370

273

Walt

Disney

Co.

(The)

27,106

3,369

Warner

Bros

Discovery,

Inc.

(a)

25,065

139,735

FINANCIAL

SERVICES

2.1%

67

Berkshire

Hathaway,

Inc.

-

Class

B

(a)

27,256

435

Block,

Inc.

-

Class

A

(a)

28,053

687

Equitable

Holdings,

Inc.

28,071

370

Fidelity

National

Information

Services,

Inc.

27,883

190

Fiserv,

Inc.

(a)

28,318

282

Global

Payments,

Inc.

27,269

63

Mastercard,

Inc.

-

Class

A

27,793

445

PayPal

Holdings,

Inc.

(a)

25,823

104

Visa,

Inc.

-

Class

A

27,297

369

Voya

Financial,

Inc.

26,254

274,017

FOOD

PRODUCTS

2.7%

454

Archer-Daniels-Midland

Co.

27,444

637

Campbell

Soup

Co.

28,787

943

Conagra

Brands,

Inc.

26,800

414

General

Mills,

Inc.

26,190

143

Hershey

Co.

(The)

26,288

34

DoubleLine

ETF

Trust

Schedule

of

Investments

DoubleLine

Fortune

500

Equal

Weight

ETF

(Cont.)

(Unaudited)

June

30,

2024

SHARES

SECURITY

DESCRIPTION

VALUE

$

909

Hormel

Foods

Corp.

27,715

242

Ingredion,

Inc.

27,757

251

J

M

Smucker

Co.

(The)

27,369

467

Kellanova

26,937

801

Kraft

Heinz

Co.

(The)

25,808

417

Mondelez

International,

Inc.

-

Class

A

27,288

8

Seaboard

Corp.

25,286

494

Tyson

Foods,

Inc.

-

Class

A

28,227

351,896

GAS

UTILITIES

0.2%

1,112

UGI

Corp.

25,465

GROUND

TRANSPORTATION

2.2%

247

Avis

Budget

Group,

Inc.

25,816

850

CSX

Corp.

28,433

6,857

Hertz

Global

Holdings,

Inc.

(a)

24,205

176

JB

Hunt

Transport

Services,

Inc.

28,160

578

Knight-Swift

Transportation

Holdings,

Inc.

-

Class

A

28,854

126

Norfolk

Southern

Corp.

27,051

232

Ryder

System,

Inc.

28,740

443

Uber

Technologies,

Inc.

(a)

32,197

123

Union

Pacific

Corp.

27,830

274

XPO,

Inc.

(a)

29,085

280,371

HEALTH

CARE

EQUIPMENT

&

SUPPLIES

1.8%

273

Abbott

Laboratories

28,367

823

Baxter

International,

Inc.

27,529

118

Becton

Dickinson

&

Co.

27,578

373

Boston

Scientific

Corp.

(a)

28,725

367

GE

HealthCare

Technologies,

Inc.

28,597

70

Intuitive

Surgical,

Inc.

(a)

31,139

82

Stryker

Corp.

27,901

247

Zimmer

Biomet

Holdings,

Inc.

26,807

226,643

HEALTH

CARE

PROVIDERS

&

SERVICES

4.2%

2,449

BrightSpring

Health

Services,

Inc.

(a)

27,821

282

Cardinal

Health,

Inc.

27,726

122

Cencora,

Inc.

27,487

395

Centene

Corp.

(a)

26,189

82

Cigna

Group

(The)

27,107

7,359

Community

Health

Systems,

Inc.

(a)

24,726

467

CVS

Health

Corp.

27,581

192

DaVita,

Inc.

(a)

26,605

51

Elevance

Health,

Inc.

27,635

85

HCA

Healthcare,

Inc.

27,309

405

Henry

Schein,

Inc.

(a)

25,961

77

Humana,

Inc.

28,770

143

Labcorp

Holdings,

Inc.

29,101

49

McKesson

Corp.

28,618

89

Molina

Healthcare,

Inc.

(a)

26,460

1,621

Owens

&

Minor,

Inc.

(a)

21,884

199

Quest

Diagnostics,

Inc.

27,239

209

Tenet

Healthcare

Corp.

(a)

27,803

56

UnitedHealth

Group,

Inc.

28,519

151

Universal

Health

Services,

Inc.

-

Class

B

27,924

542,465

HOTELS,

RESTAURANTS

&

LEISURE

3.4%

192

Airbnb,

Inc.

-

Class

A

(a)

29,113

881

Aramark

29,972

7

Booking

Holdings,

Inc.

27,731

787

Caesars

Entertainment,

Inc.

(a)

31,274

450

Chipotle

Mexican

Grill,

Inc.

(a)

28,193

SHARES

SECURITY

DESCRIPTION

VALUE

$

186

Darden

Restaurants,

Inc.

28,146

255

DoorDash,

Inc.

-

Class

A

(a)

27,739

247

Expedia

Group,

Inc.

(a)

31,120

142

Hilton

Worldwide

Holdings,

Inc.

30,984

629

Las

Vegas

Sands

Corp.

27,833

123

Marriott

International,

Inc.

-

Class

A

29,738

109

McDonald's

Corp.

27,778

701

MGM

Resorts

International

(a)

31,152

345

Starbucks

Corp.

26,858

786

Yum

China

Holdings,

Inc.

(China)

24,240

431,871

HOUSEHOLD

DURABLES

1.9%

191

DR

Horton,

Inc.

26,918

175

Lennar

Corp.

-

Class

A

26,227

232

Mohawk

Industries,

Inc.

(a)

26,353

3,679

Newell

Brands,

Inc.

23,582

3

NVR,

Inc.

(a)

22,766

242

PulteGroup,

Inc.

26,644

486

Taylor

Morrison

Home

Corp.

-

Class

A

(a)

26,944

234

Toll

Brothers,

Inc.

26,952

303

Whirlpool

Corp.

30,967

237,353

HOUSEHOLD

PRODUCTS

0.9%

215

Clorox

Co.

(The)

29,341

304

Colgate-Palmolive

Co.

29,500

209

Kimberly-Clark

Corp.

28,884

170

Procter

&

Gamble

Co.

(The)

28,036

115,761

INDEPENDENT

POWER

AND

RENEWABLE

ELECTRICITY

PRODUCERS

0.4%

1,355

AES

Corp.

(The)

23,807

299

Vistra

Corp.

25,708

49,515

INDUSTRIAL

CONGLOMERATES

0.5%

282

3M

Co.

28,818

139

Honeywell

International,

Inc.

29,682

58,500

INDUSTRIAL

REITS

0.2%

262

Prologis,

Inc.

29,425

INSURANCE

4.9%

315

Aflac,

Inc.

28,133

170

Allstate

Corp.

(The)

27,142

218

American

Financial

Group,

Inc.

26,818

359

American

International

Group,

Inc.

26,652

111

Arthur

J

Gallagher

&

Co.

28,783

162

Assurant,

Inc.

26,933

241

Cincinnati

Financial

Corp.

28,462

557

Fidelity

National

Financial,

Inc.

27,527

4,496

Genworth

Financial,

Inc.

-

Class

A

(a)

27,156

277

Hartford

Financial

Services

Group,

Inc.

(The)

27,850

851

Lincoln

National

Corp.

26,466

371

Loews

Corp.

27,729

17

Markel

Group,

Inc.

(a)

26,786

136

Marsh

&

McLennan

Cos.,

Inc.

28,658

394

MetLife,

Inc.

27,655

898

Old

Republic

International

Corp.

27,748

349

Principal

Financial

Group,

Inc.

27,379

135

Progressive

Corp.

(The)

28,041

235

Prudential

Financial,

Inc.

27,540

135

Reinsurance

Group

of

America,

Inc.

27,711

133

Travelers

Cos.,

Inc.

(The)

27,044

522

Unum

Group

26,679

|

June

30,

2024

35

SHARES

SECURITY

DESCRIPTION

VALUE

$

351

W

R

Berkley

Corp.

27,582

632,474

INTERACTIVE

MEDIA

&

SERVICES

0.5%

163

Alphabet,

Inc.

-

Class

A

29,690

58

Meta

Platforms,

Inc.

-

Class

A

29,245

58,935

IT

SERVICES

0.9%

429

Cognizant

Technology

Solutions

Corp.

-

Class

A

29,172

1,798

DXC

Technology

Co.

(a)

34,323

170

International

Business

Machines

Corp.

29,402

1,070

Kyndryl

Holdings,

Inc.

(a)

28,152

121,049

LEISURE

PRODUCTS

0.2%

342

Polaris,

Inc.

26,782

LIFE

SCIENCES

TOOLS

&

SERVICES

0.6%

107

Danaher

Corp.

26,734

129

IQVIA

Holdings,

Inc.

(a)

27,276

49

Thermo

Fisher

Scientific,

Inc.

27,097

81,107

MACHINERY

2.8%

266

AGCO

Corp.

26,036

85

Caterpillar,

Inc.

28,314

102

Cummins,

Inc.

28,247

77

Deere

&

Co.

28,770

155

Dover

Corp.

27,970

117

Illinois

Tool

Works,

Inc.

27,724

251

Oshkosh

Corp.

27,158

286

Otis

Worldwide

Corp.

27,530

267

PACCAR,

Inc.

27,485

55

Parker-Hannifin

Corp.

27,820

323

Stanley

Black

&

Decker,

Inc.

25,804

169

Westinghouse

Air

Brake

Technologies

Corp.

26,710

202

Xylem,

Inc.

27,397

356,965

MEDIA

2.1%

10,663

Altice

USA,

Inc.

-

Class

A

(a)

21,753

97

Charter

Communications,

Inc.

-

Class

A

(a)

28,998

709

Comcast

Corp.

-

Class

A

27,764

1,457

EchoStar

Corp.

-

Class

A

(a)

25,949

803

Fox

Corp.

-

Class

A

27,599

907

Interpublic

Group

of

Cos.,

Inc.

(The)

26,385

1,253

Liberty

Media

Corp-Liberty

SiriusXM

-

Class

A

(a)

27,754

1,029

News

Corp.

-

Class

A

28,370

311

Omnicom

Group,

Inc.

27,897

2,159

Paramount

Global

-

Class

B

22,432

264,901

METALS

&

MINING

1.9%

637

Alcoa

Corp.

25,340

1,629

Cleveland-Cliffs,

Inc.

(a)

25,070

509

Commercial

Metals

Co.

27,990

542

Freeport-McMoRan,

Inc.

26,341

670

Newmont

Corp.

28,054

168

Nucor

Corp.

26,557

94

Reliance,

Inc.

26,846

213

Steel

Dynamics,

Inc.

27,584

733

United

States

Steel

Corp.

27,707

241,489

SHARES

SECURITY

DESCRIPTION

VALUE

$

MULTI-UTILITIES

1.9%

381

Ameren

Corp.

27,093

914

CenterPoint

Energy,

Inc.

28,315

447

CMS

Energy

Corp.

26,610

299

Consolidated

Edison,

Inc.

26,737

523

Dominion

Energy,

Inc.

25,627

241

DTE

Energy

Co.

26,753

375

Public

Service

Enterprise

Group,

Inc.

27,638

366

Sempra

27,838

346

WEC

Energy

Group,

Inc.

27,147

243,758

OIL,

GAS

&

CONSUMABLE

FUELS

5.3%

957

APA

Corp.

28,174

175

Cheniere

Energy,

Inc.

30,595

309

Chesapeake

Energy

Corp.

25,397

178

Chevron

Corp.

27,843

247

ConocoPhillips

28,252

1,122

Delek

US

Holdings,

Inc.

27,781

595

Devon

Energy

Corp.

28,203

147

Diamondback

Energy,

Inc.

29,428

235

EOG

Resources,

Inc.

29,579

246

Exxon

Mobil

Corp.

28,320

189

Hess

Corp.

27,881

521

HF

Sinclair

Corp.

27,790

1,446

Kinder

Morgan,

Inc.

28,732

161

Marathon

Petroleum

Corp.

27,930

463

Occidental

Petroleum

Corp.

29,183

354

ONEOK,

Inc.

28,869

579

Ovintiv,

Inc.

27,138

1,083

Par

Pacific

Holdings,

Inc.

(a)

27,346

624

PBF

Energy,

Inc.

-

Class

A

28,716

203

Phillips

66

28,658

242

Targa

Resources

Corp.

31,164

183

Valero

Energy

Corp.

28,687

688

Williams

Cos.,

Inc.

(The)

29,240

1,056

World

Kinect

Corp.

27,245

682,151

PASSENGER

AIRLINES

1.3%

669

Alaska

Air

Group,

Inc.

(a)

27,028

2,443

American

Airlines

Group,

Inc.

(a)

27,679

552

Delta

Air

Lines,

Inc.

26,187

4,977

JetBlue

Airways

Corp.

(a)

30,309

1,016

Southwest

Airlines

Co.

29,068

530

United

Airlines

Holdings,

Inc.

(a)

25,790

166,061

PERSONAL

CARE

PRODUCTS

0.2%

226

Estee

Lauder

Cos.,

Inc.

(The)

-

Class

A

24,046

PHARMACEUTICALS

1.5%

671

Bristol-Myers

Squibb

Co.

27,867

33

Eli

Lilly

&

Co.

29,878

190

Johnson

&

Johnson

27,770

219

Merck

&

Co.,

Inc.

27,112

960

Pfizer,

Inc.

26,861

2,637

Viatris,

Inc.

28,031

162

Zoetis,

Inc.

-

Class

A

28,085

195,604

PROFESSIONAL

SERVICES

1.5%

115

Automatic

Data

Processing,

Inc.

27,449

186

Booz

Allen

Hamilton

Holding

Corp.

28,625

454

Concentrix

Corp.

28,729

205

Jacobs

Solutions,

Inc.

28,641

193

Leidos

Holdings,

Inc.

28,155

36

DoubleLine

ETF

Trust

Schedule

of

Investments

DoubleLine

Fortune

500

Equal

Weight

ETF

(Cont.)

(Unaudited)

June

30,

2024

SHARES

SECURITY

DESCRIPTION

VALUE

$

382

ManpowerGroup,

Inc.

26,664

235

Science

Applications

International

Corp.

27,624

195,887

REAL

ESTATE

MANAGEMENT

&

DEVELOPMENT

0.5%

323

CBRE

Group,

Inc.

-

Class

A

(a)

28,783

141

Jones

Lang

LaSalle,

Inc.

(a)

28,944

57,727

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

3.0%

173

Advanced

Micro

Devices,

Inc.

(a)

28,062

121

Analog

Devices,

Inc.

27,619

131

Applied

Materials,

Inc.

30,915

21

Broadcom,

Inc.

33,716

931

Intel

Corp.

28,833

37

KLA

Corp.

30,507

30

Lam

Research

Corp.

31,946

296

Microchip

Technology,

Inc.

(a)

27,084

221

Micron

Technology,

Inc.

29,068

240

NVIDIA

Corp.

29,650

386

ON

Semiconductor

Corp.

(a)

26,460

137

QUALCOMM,

Inc.

27,288

145

Texas

Instruments,

Inc.

28,207

379,355

SOFTWARE

1.8%

64

Adobe,

Inc.

(a)

35,555

49

Intuit,

Inc.

32,203

67

Microsoft

Corp.

29,946

237

Oracle

Corp.

33,464

120

Salesforce,

Inc.

30,852

42

ServiceNow,

Inc.

(a)

33,040

134

Workday,

Inc.

-

Class

A

(a)

29,957

225,017

SPECIALIZED

REITS

0.6%

143

American

Tower

Corp.

27,796

37

Equinix,

Inc.

27,994

945

Weyerhaeuser

Co.

26,829

82,619

SPECIALTY

RETAIL

6.2%

417

Advance

Auto

Parts,

Inc.

26,409

115

Asbury

Automotive

Group,

Inc.

(a)

26,205

165

AutoNation,

Inc.

(a)

26,298

9

AutoZone,

Inc.

(a)

26,677

539

Bath

&

Body

Works,

Inc.

21,048

322

Best

Buy

Co.,

Inc.

27,141

119

Burlington

Stores,

Inc.

(a)

28,560

399

CarMax,

Inc.

(a)

29,263

286

Carvana

Co.

(a)

36,813

1,272

Chewy,

Inc.

-

Class

A

(a)

34,648

126

Dick's

Sporting

Goods,

Inc.

27,071

1,002

Foot

Locker,

Inc.

24,970

952

Gap,

Inc.

(The)

22,743

89

Group

1

Automotive,

Inc.

26,458

85

Home

Depot,

Inc.

(The)

29,260

106

Lithia

Motors,

Inc.

-

Class

A

26,760

SHARES

SECURITY

DESCRIPTION

VALUE

$

129

Lowe's

Cos.,

Inc.

28,439

63

Murphy

USA,

Inc.

29,576

717

ODP

Corp.

(The)

(a)

28,157

29

O'Reilly

Automotive,

Inc.

(a)

30,625

183

Penske

Automotive

Group,

Inc.

27,271

199

Ross

Stores,

Inc.

28,919

485

Sonic

Automotive,

Inc.

-

Class

A

26,418

266

TJX

Cos.,

Inc.

(The)

29,287

105

Tractor

Supply

Co.

28,350

71

Ulta

Beauty,

Inc.

(a)

27,397

488

Wayfair,

Inc.

-

Class

A

(a)

25,732

94

Williams-Sonoma,

Inc.

26,543

777,038

TECHNOLOGY

HARDWARE,

STORAGE

&

PERIPHERALS

1.4%

145

Apple,

Inc.

30,540

213

Dell

Technologies,

Inc.

-

Class

C

29,375

1,576

Hewlett

Packard

Enterprise

Co.

33,364

792

HP,

Inc.

27,736

37

Super

Micro

Computer,

Inc.

(a)

30,316

377

Western

Digital

Corp.

(a)

28,565

179,896

TEXTILES,

APPAREL

&

LUXURY

GOODS

1.0%

91

Lululemon

Athletica,

Inc.

(a)

27,182

297

NIKE,

Inc.

-

Class

B

22,385

229

PVH

Corp.

24,244

400

Skechers

USA,

Inc.

-

Class

A

(a)

27,647

2,019

VF

Corp.

27,257

128,715

TOBACCO

0.4%

607

Altria

Group,

Inc.

27,649

273

Philip

Morris

International,

Inc.

27,663

55,312

TRADING

COMPANIES

&

DISTRIBUTORS

1.3%

290

Beacon

Roofing

Supply,

Inc.

(a)

26,245

439

Fastenal

Co.

(a)

27,587

43

United

Rentals,

Inc.

27,809

59

Watsco,

Inc.

27,331

159

WESCO

International,

Inc.

25,205

31

WW

Grainger,

Inc.

27,969

162,146

Total

Common

Stocks

(Cost

$12,385,483)

12,738,194

SHORT

TERM

INVESTMENTS

0.5%

32,330

JPMorgan

U.S.

Government

Money

Market

Fund

-

Class

IM

5.25%

(b)

32,330

32,330

Morgan

Stanley

Institutional

Liquidity

Funds

Government

Portfolio

-

Institutional

Share

Class

5.22%

(b)

32,330

Total

Short

Term

Investments

(Cost

$64,660)

64,660

Total

Investments

99.9%

(Cost

$12,450,143)

12,802,854

Other

Assets

in

Excess

of

Liabilities

0.1%

8,703

NET

ASSETS

100.0%

$12,811,557

(a)

Non-income

producing

security.

(b)

Seven-day

yield

as

of

period

end.

|

June

30,

2024

37

Notes

to

Schedule

of

Investments

(Unaudited)

June

30,

2024

1. Organization

DoubleLine

ETF

Trust,

a

Delaware

statutory

trust

(the

“Trust”),

was

formed

on

September

27,

2021

and

is

registered

with

the

Securities

and

Exchange

Commission

as

an

open-end

management

investment

company.

As

of

June

30,

2024,

the

Trust

consists

of

six series,

DoubleLine

Opportunistic

Bond

ETF

(the

“Opportunistic

Bond

ETF”),

DoubleLine

Shiller

CAPE

®

U.S.

Equities

ETF

(the

“Equities

ETF”),

DoubleLine

Commercial

Real

Estate

ETF

(the

"Commercial

Real

Estate

ETF"),

DoubleLine

Mortgage

ETF

(the

"Mortgage

ETF"),

DoubleLine

Commodity

Strategy

ETF

(the

"Commodity

Strategy

ETF"),

and

DoubleLine

Fortune

500

Equal

Weight

ETF

(the "Fortune

500

ETF") (each

a

“Fund”

and

collectively

the

“Funds”).

The

Opportunistic

Bond

ETF,

Equities

ETF,

Commercial

Real

Estate

ETF,

Mortgage

ETF

and

Fortune

500

ETF

are

managed

by

DoubleLine

ETF

Adviser

LP,

and

the

Commodity

Strategy

ETF

is

managed

by

DoubleLine

Alternatives

LP

(each,

an

“Adviser”

and

collectively,

the

“Advisers”),

which

are

registered

as

an

investment

advisers

with

the

U.S.

Securities

and

Exchange

Commission.

Each

Fund

offers

one

class

of

shares.

Each

Fund

is classified

as

non-diversified

under

the

Investment

Company

Act

of

1940,

as

amended

(the

“1940

Act”),

except

the

Fortune

500

ETF,

which

is

classified

as

a

diversified

fund.

Currently

under

the

1940

Act,

a

diversified

fund

generally

may

not,

with

respect

to

75%

of

its

total

assets,

invest

more

than

5%

of

its

total

assets in

the

securities

of

any

one

issuer

or

own

more

than

10%

of

the

outstanding

voting

securities

of

such

issuer

(except,

in

each

case,

U.S.

Government

securities,

cash,

cash

items

and

the

securities

of

other

investment

companies).

The

remaining

25%

of

a

fund's

total

assets

is

not

subject

to

this

limitation.

The

Funds'

investment

objectives

and

dates

each

Fund

commenced

operations

and

public

trading are

as

follows:

The

fiscal

year

end

for

the

Funds

is

September

30,

and

the

period

covered

by

these

Financial

Statements

is

for

the

period ended June

30,

2024. 

2. Significant

Accounting

Policies 

Each

Fund

is

an

investment

company

that

applies

the

accounting

and

reporting

guidance

issued

in

Topic

946,

"Financial

Services

-Investment

Companies",

by

the

Financial

Accounting

Standards

Board

("FASB").

The

following

is

a

summary

of

the

significant

accounting

policies

of

the

Funds.

These

policies

are

in

conformity

with

accounting

principles

generally

accepted

in

the

United

States

of

America

("US

GAAP"). 

A. Security

Valuation.

The

Funds

have

adopted

US

GAAP

fair

value

accounting

standards

which

establish

a

definition

of

fair

value

and

set

out

a

hierarchy

for

measuring

fair

value.

These

standards

require

additional

disclosures

about

the

various

inputs

and

valuation

techniques

used

to

develop

the

measurements

of

fair

value

and

a

discussion

of

changes

in

valuation

techniques

and

related

inputs

during

the

period.

These

inputs

are

summarized

in

the

three

broad

levels

listed

below: 

Level

1—

Unadjusted

quoted

market

prices

in

active

markets

for

identical

securities

Level

2—

Quoted

prices

for

identical

or

similar

assets

in

markets

that

are

not

active,

or

inputs

derived

from

observable

market

data

Level

3—

Significant

unobservable

inputs

(including

the

reporting

entity’s

estimates

and

assumptions)

Fund

Name

Investment

Objective

Commencement

of

Operations

Commencement

of

Public

Trading

DoubleLine

Opportunistic

Bond

ETF

Seek

to

maximize

current

income

and

total

return

3/31/2022

4/5/2022

DoubleLine

Shiller

CAPE®

U.S.

Equities

ETF

Seek

total

return

which

exceeds

the

total

return

of

the

S&P

500®

Index

3/31/2022

4/5/2022

DoubleLine

Commercial

Real

Estate

ETF

Seek

current

income

and

capital

preservation

and

as

a

secondary

objective,

seek

long-term

capital

appreciation

3/31/2023

4/4/2023

DoubleLine

Mortgage

ETF

Seek

total

return

(capital

appreciation

and

current

income)

which

exceeds

the

total

return

of

its

benchmark

index,

the

Bloomberg

U.S.

Mortgage-Backed

Securities

Index,

over

a

full

market

cycle

3/31/2023

4/4/2023

DoubleLine

Commodity

Strategy

ETF

(Consolidated)

Seek

total

return

(capital

appreciation

and

current

income)

1/31/2024

2/1/2024

DoubleLine

Fortune

500

Equal

Weight

ETF

Seek

to

track

the

investment

results

(before

fees

and

expenses)

of

the

Barclays

Fortune

500

Equal

Weighted

Total

Return

Index

1/31/2024

2/1/2024

Notes

to

Schedule

of

Investments

(Cont.)

38

DoubleLine

ETF

Trust

(Unaudited)

June

30,

2024

Valuations for

domestic

and

foreign

fixed

income

securities

are

normally

determined

on

the

basis

of

evaluations

provided

by

independent

pricing

services.

Vendors

typically

value

such

securities

based

on

one

or

more

inputs

described

in

the

following

table

which

is

not

intended

to

be

a

complete

list.

The

table

provides

examples

of

inputs

that

are

commonly

relevant

for

valuing

particular

classes

of

fixed

income

securities

in

which

the

Funds

are

authorized

to

invest.

However,

these

classifications

are

not

exclusive,

and

any

of

the

inputs

may

be

used

to

value

any

other

class

of

fixed-income

securities.

Securities

that

use

similar

valuation

techniques

and

inputs

as

described

in

the

following

table

are

categorized

as

Level

2

of

the

fair

value

hierarchy.

To

the

extent

the

significant

inputs

are

unobservable,

the

values

generally

would

be

categorized

as

Level

3.

Assets

and

liabilities

may

be

transferred

between

levels. 

Investments

in

registered

open-end

management

investment

companies

will

be

valued

based

upon

the

net

asset

value

("NAV")

of

such

investments

and

are

categorized

as

Level

1

of

the

fair

value

hierarchy. 

Common

stocks,

exchange-traded

funds

and

financial

derivative

instruments,

such

as

futures

contracts

or

options

contracts,

that

are

traded

on

a

national

securities

or

commodities

exchange,

are

typically

valued

at

the

last

reported

sales

price,

in

the

case

of

common

stocks

and

exchange-traded

funds,

or,

in

the

case

of

futures

contracts

or

options

contracts,

the

settlement

price

determined

by

the

relevant

exchange.

To

the

extent

these

securities

are

actively

traded

and

valuation

adjustments

are

not

applied,

they

are

categorized

as

Level

1

of

the

fair

value

hierarchy. 

The

Funds'

holdings

in

whole

loans,

securitizations

and

certain

other

types

of

alternative

lending-related

instruments

may

be

valued

based

on

prices

provided

by

a

third-party

pricing

service.

Senior

secured

floating

rate

loans

for

which

an

active

secondary

market

exists

to

a

reliable

degree

will

be

valued

at

the

mean

of

the

last

available

bid/ask

prices

in

the

market

for

such

loans,

as

provided

by

an

independent

pricing

service.

Where

an

active

secondary

market

does

not

exist

to

a

reliable

degree

in

the

judgment

of

the

Adviser,

such

loans

will

be

valued

at

fair

value

based

on

certain

factors.

In

respect

of

certain

commercial

real

estate-related,

residential

real

estate-related

and

certain

other

investments

for

which

a

limited

market

may

exist,

the

Funds

may

value

such

investments

based

on

appraisals

conducted

by

an

independent

valuation

advisor

or

a

similar

pricing

agent.

However,

an

independent

valuation

firm

may

not

be

retained

to

undertake

an

evaluation

of

an

asset

unless

the

NAV,

market

price

and

other

aspects

of

an

investment

exceed

certain

significance

thresholds.

Over-the-counter

financial

derivative

instruments,

such

as

forward

currency

exchange

contracts,

options

contracts,

or

swap

agreements,

derive

their

values

from

underlying

asset

prices,

indices,

reference

rates,

other

inputs

or

a

combination

of

these

factors.

These

instruments

are

normally

valued

on

the

basis

of

valuations

obtained

from

counterparties,

published

index

closing

levels

or

evaluated

prices

supplied

by

independent

pricing

services,

some

or

all

of

which

may

be

based

on

market

data

from

trading

on

exchanges

that

closed

significantly

before

the

time

as

of

which

a

Fund

calculates

its

NAV.

Forward

foreign

currency

contracts

are

generally

valued

based

on

rates

provided

by

independent

data

providers.

Exchange

traded

futures

and

options

on

futures

are

generally

valued

at

the

settlement

price

determined

by

the

relevant

exchange

on

which

they

principally

trade,

and

exchange

traded

options

are

generally

valued

at

the

last

trade

price

on

the

exchange

on

which

they

principally

trade.

A

Fund

does

not

normally

take

into

account

trading,

clearances

or

settlements

that

take

place

after

the

close

of

the

principal

exchange

or

market

on

which

such

securities

are

traded.

Depending

on

the

instrument

and

the

terms

of

the

transaction,

the

value

of

the

derivative

instruments

can

be

estimated

by

a

pricing

service

provider

using

a

series

of

techniques,

such

as

simulation

pricing

models.

The

pricing

models

use

issuer

details

and

other

inputs

that

are

observed

from

actively

quoted

markets

such

as

indices,

spreads,

interest

rates,

curves,

dividends

and

exchange

rates.

Derivatives

that

use

similar

valuation

techniques

and

inputs

as

described

above

are

normally

categorized

as

Level

2

of

the

fair

value

hierarchy.

Fixed-income

class

Examples

of

Inputs

All

Benchmark

yields,

transactions,

bids,

offers,

quotations

from

dealers

and

trading

systems,

new

issues,

spreads

and

other

relationships

observed

in

the

markets

among

comparable

securities;

and

proprietary

pricing

models

such

as

yield

measures

calculated

using

factors

such

as

cash

flows,

financial

or

collateral

performance

and

other

reference

data

(collectively

referred

to

as

“standard

inputs”)

Corporate

bonds

and

notes;

    convertible

securities

Standard

inputs

and

underlying

equity

of

the

issuer

US

bonds

and

notes

of

government

and  

    government

agencies

Standard

inputs

Residential

and

commercial

mortgage-backed

obligations;

asset-backed

obligations

(including

collateralized

loan

obligations)

Standard

inputs

and

cash

flows,

prepayment

information,

default

rates,

delinquency

and

loss

assumptions,

collateral

characteristics,

credit

enhancements

and

specific

deal

information,

trustee

reports

Bank

loans

Standard

inputs

Notes

to

Schedule

of

Investments

(Cont.)

(Unaudited)

June

30,

2024

|

June

30,

2024

39

The

Board

of

Trustees

(the

“Board”)

has

adopted

a

pricing

and

valuation

policy

for

use

by each

Fund

and

its

Valuation

Designee

(as

defined

below)

in

calculating each

Fund’s

NAV.

Pursuant

to

Rule

2a-5

under

the

1940

Act, each

Fund

has

designated

its

primary

investment

adviser,

either

DoubleLine

ETF

Adviser

or

DoubleLine

Alternatives

LP (each,

an

“Adviser”

and

collectively,

the

“Advisers”),

as

applicable,

as

the

“Valuation

Designee”

to

perform

all

of

the

fair

value

determinations

as

well

as

to

perform

all

of

the

responsibilities

that

may

be

performed

by

the

Valuation

Designee

in

accordance

with

Rule

2a-5.

Each

Adviser,

as

the

Valuation

Designee,

is

authorized

to

make

all

necessary

determinations

of

the

fair

values

of

portfolio

securities

and

other

assets

for

which

market

quotations

are

not

readily

available

or

if

it

is

deemed

that

the

prices

obtained

from

brokers

and

dealers

or

independent

pricing

services

are

unreliable.

The

following

is

a

summary

of

the

fair

valuations

according

to

the

inputs

used

to

value

the

Funds'

investments

as

of

June

30,

2024:

Category

DoubleLine

Opportunistic

Bond

ETF

DoubleLine

Shiller

CAPE®

U.S.

Equities

ETF

DoubleLine

Commercial

Real

Estate

ETF

DoubleLine

Mortgage

ETF

DoubleLine

Commodity

Strategy

ETF

(Consolidated)

DoubleLine

Fortune

500

Equal

Weight

ETF

Investments

in

Securities

Level

1

Common

Stocks

$

—

$

377,511,932

$

—

$

—

$

—

$

12,738,194

Money

Market

Funds

8,317,950

703,682

5,542,342

2,501,454

2,786,194

64,660

Total

Level

1

8,317,950

378,215,614

5,542,342

2,501,454

2,786,194

12,802,854

Level

2

US

Government

and

Agency

Mortgage

Backed

Obligations

60,191,444

—

19,671,888

271,619,727

—

—

Non-Agency

Commercial

Mortgage

Backed

Obligations

14,732,037

—

81,625,968

—

—

—

Non-Agency

Residential

Collateralized

Mortgage

Obligations

28,981,448

—

1,721,099

44,163,396

—

—

US

Government

and

Agency

Obligations

59,928,906

—

—

—

—

—

US

Corporate

Bonds

41,958,128

—

—

—

—

—

Asset

Backed

Obligations

24,707,510

—

15,719,708

—

—

—

Collateralized

Loan

Obligations

12,793,052

—

23,040,878

—

—

—

Foreign

Corporate

Bonds

20,653,161

—

—

—

—

—

Other

Short

Term

Investments

—

—

—

—

14,683,425

—

Bank

Loans

8,644,263

—

—

—

—

—

Total

Level

2

272,589,949

—

141,779,541

315,783,123

14,683,425

—

Level

3

—

—

—

—

—

—

Total

$

280,907,899

$

378,215,614

$

147,321,883

$

318,284,577

$

17,469,619

$

12,802,854

Other

Financial

Instruments

Level

1

Futures

$

713,432

$

—

$

—

$

569,362

$

—

$

—

Total

Level

1

713,432

—

—

569,362

—

—

Level

2

Excess

Return

Swaps

—

—

—

—

49,348

—

Unfunded

Loan

Commitments

65

—

—

—

—

—

Total

Level

2

65

—

—

—

49,348

—

Level

3

—

—

—

—

—

—

Total

$

713,497

$

—

$

—

$

569,362

$

49,348

$

—

See

the

Schedules

of

Investments

for

further

disaggregation

of

investment

categories.