MutualFundWire.com: Gundlach Goes to the Core

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Tuesday, June 1, 2010

Gundlach Goes to the Core

Jeff Gundlach and his team at DoubleLine Capital on Monday rolled out their third mutual fund. The launch of the DoubleLine Core Fixed Income Fund comes on the heels of the April rollout of DoubleLine's debut offerings, Total Return Bond and Emerging Markets Fixed Income.

Jeff Gundlach
DoubleLine Capital
CEO

Gundlach, who in December was ousted from his role as TCW's chief investment officer and went on to start DoubleLine, will host a Webcast on Thursday at 4:15 ET to discuss the new fund.

Los Angeles-based DoubleLine offers the fund in two share classes. Class I shares come with an expense ratio of 49 basis points while N shares carry a 74-bps expense ratio.

Quasar Distributors serves as the non-exclusive distributor, U.S. Bancorp Fund Services is the administrator and transfer agent, U.S. Bank is the custodian, Pricewaterhouse Coopers LLP serves as the independent registered public accounting firm and Cadwalader, Wickersham & Taft LLP is the legal counsel.

Printed from: MFWire.com/story.asp?s=32377

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