Markets and indexes

The $6 billion fund saw almost 3 million shares hit the tape after DoubleLine’s CEO touted its potential for retirees in his annual markets webcast.

It was the biggest annual leap for strategies focused on corporate or government debt since 2014, boosting assets to more than $800 billion, data show.

The fund will track the performance of companies that issue shares directed to either the investing public or the company’s founders and executives.

ETFs tracking themes — such as robotics, blockchain and cannabis — closed the year just 1% higher than where it started.

Although passive has steadily lured cash from active, this year assets in indexed equity funds topped those in active stock funds for the first time ever.

Investors are pulling money at an accelerated pace as high fees and mediocre returns send them searching for yield elsewhere.

The 82-year-old company’s strategy has helped secure net inflows in all but one of the five years through 2018.

Data reported by the Investment Company Institute.

In a business increasingly dominated by inexpensive index funds, the young juggernaut succeeded by actually picking good investments.

Despite the exodus, all of the mutual funds and ETFs on the list posted net gains for the year.