A new SEC regulatory filing last week revealed that famed fixed-income investor Jeffrey Gundlach is teaming up with State Street Global Advisors on an actively managed bond ETF. The new fund has been dubbed The SPDR DoubleLine Total Return Tactical ETF.
Gundlach is well-known for his core and strategic fixed-income portfolios that have been primarily offered in mutual fund, closed-end fund and hedge fund formats to date. His firm, Doubleline Capital LP, oversees approximately $50 billion in fixed-income assets.
This first foray into the ETF world will be another opportunity for him to showcase his strengths in security selection and risk management. Particularly at a time where many income investors are fearful of rising interest ...
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