is expanding his mutual fund footprint.
Gundlach's DoubleLine Capital
] will launch the DoubleLine Floating Rate Fund
next year, reports Investment News
The new fund which will invest in bank loans, inflation indexed securities and mortgage- and asset-backed securities. It will be PMed by Bonnie Baha and Robert Cohen.
This new offering will be the 6th mutual fund by the group. DoubleLine mutual funds reported almost $20 billion of net inflows.
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