MutualFundWire.com: How Does Gundlach Do It?
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Wednesday, October 5, 2011

How Does Gundlach Do It?


Fundsters interested in Jeff Gundlach and his investing strategy may want to take a look at today's Wall Street Journal. In the monthly "Investing in Funds" section, Ben Levisohn offers a glimpse of the unconventional investing strategy employed by Gundlach in his $10-billion flagship mutual fund, DoubleLine Total Return Bond.

Levisohn notes the fund's substantial exposure to collateralized mortgage obligations (CMOs), especially those in privately issued mortgages, while he avoids Treasurys and corporate bonds.

The WSJ talked with Gundlach himself, as well as several others: Tom Brakke, president of TJB Advisors; James Holtzman of Legend Financial Advisers; Eric Jacobson, director of fixed-income research at Morningstar; and James Shelton of Kanaly Trust.


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