Gundlach's DoubleLine posts $2 billion mutual funds inflow in March

April 4, 2016 5:38 PM

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Gundlach's DoubleLine posts $2 billion mutual funds inflow in March

Jeffrey Gundlach's DoubleLine Capital posted a net inflow of $2.02 billion in its open-end mutual funds in March, for a year-to-date total of $6.21 billion, the Los Angeles-based firm said on Monday.

The DoubleLine Total Return Bond Fund, the largest of the DoubleLine Funds by total assets, had a net inflow of $1.61 billion, for a year-to-date net inflow of $5.29 billion. The $57.99 billion DoubleLine Total Return Bond Fund invests primarily in mortgage-backed securities (MBS).

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