DoubleLine Total Return Fund AUM Hits $10B

Assets under management (AUM) of theDoubleLine Total Return Bond Fundhave touched $10 billion. The fund is managed byJeffrey Gundlach, CEO ofDoubleLine Capital, andPhilip Barach, president of the firm.

The fund was launched in April 2010. DoubleLine, which manages mutual funds, separately managed accounts and hedge funds, has assets under management worth $15 billion across a range of mortgage-backed securities, broad fixed-income and multi-asset strategies.

Click here for the release fromPR Newswire.