MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 2, 2013 $1.7B Flows Out of DoubleLine September was a rough month for Jeff Gundlach and his team. Reuters reports that, according to Morningstar data, $2.1 billion net flowed out of Gundlach's flagship DoubleLine Total Return Bond Fund [profile] last month. $1.7 billion net flowed out of the Los Angeles-based bond manager's open-end mutual funds (so $400 million net flowed into DoubleLine's other open-end funds). Yet DoubleLine Total Return is up 0.3 percent year-to-date, ahead of 95 percent of the pack. Printed from: MFWire.com/story.asp?s=46283 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |