Gundlach One-Ups Gross, McNabb

DoubleLine Capital’s $28 billion Total Return Bond Fund has experienced the most inflows among U.S. mutual funds this year through June, Bloomberg reports, citing data from Morningstar.

The Los Angeles-based firm’s fund took in $11.5 billion, followed by Vanguard Group Inc.’s Total International Stock Index Fund ($8.9 billion). Pacific Investment Management Co.’s Total Return Bond Fund had the sixth biggest deposits with $5.9 billion.

The DoubleLine Total Return Bond Fund (DBLTX), managed by CEO Jeffrey Gundlach and Philip Barach, has returned 5% this year through July 11, beating 95% of it peers, according to data from Bloomberg.

For reprint and licensing requests for this article, click here.
Mutual funds Fund performance Money Management Executive
MORE FROM FINANCIAL PLANNING