Jeffrey Gundlach's DoubleLine funds had 18th month of inflows in July

August 3, 2015 5:30 PM

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Jeffrey Gundlach's DoubleLine funds had 18th month of inflows in July

NEW YORK DoubleLine Funds, whose co-founder Jeffrey Gundlach is widely followed for his investment calls, on Monday reported $688.7 million in net additional investments in July, the 18th consecutive month it has attracted new money.

The Los Angeles-based firm said the DoubleLine Total Return Bond Fund, its largest portfolio by assets, also had positive inflows in July.

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