Awww, 'Bond King' Jeffrey Gundlach Is Having His Worst Year Ever, awww... WBRVvey

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Awww, 'Bond King' Jeffrey Gundlach Is Having His Worst Year Ever, awww...

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Awww, 'Bond King' Jeffrey Gundlach Is Having His Worst Year Ever, awww... Vide

Subject: Awww, 'Bond King' Jeffrey Gundlach Is Having His Worst Year Ever, awww... Thu Jul 14, 2016 11:35 pm

He’s also “quite certain” Trump will win the election. The new bond king might be about to be dethroned. DoubleLine CEO Jeffrey Gundlach’s flagship DoubleLine Total Return Bond Fund (DBLTX) is having its longest streak of underperformance on record, lagging most of its peers as well as the Barclays Aggregate Bond Index. After ranking second among comparable funds in 2015, the $61 billion fund now ranks in the bottom 7% so far in 2016, according to fund research firm Morningstar. The poor returns come after years of stellar returns for Gundlach, especially after the financial crisis. Those returns had unofficially allowed Gundlach to rise to the title of “Bond King”—especially after the previous longtime “Bond King” Bill Gross of Pimco stumbled, and quit that firm for Janus Capital jns , taking only a small percentage of the assets he used to manage with him. http://fortune.com/2016/07/14/jeffrey-gundlach-bond-king-doubleline/?iid=leftrail

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