DoubleLine Funds Have Year's Largest Inflow As Bill Gross Exits Pimco
DoubleLine Capital, the family of bond market mutual funds run by Jeffrey Gundlach, saw their biggest monthly net inflows of year in the month that Bill Gross said he was leaving Pimco. Gundlach had said earlier this week that he saw "hundreds of millions of dollars" of inflows to his funds on the day of Gross's departure. The DoubleLine funds took in $1.65 billion in September, $1.32 billion of which went into Gundlach's DoubleLine Total Return Bond Fund , according to DoubleLine data.
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