The DoubleLine Funds Trust has rolled out an open-ended fund with two “no load” share classes, I shares and N shares. The DoubleLine Low Duration Bond Fund invests primarily in debt securities.
The fund is eying mortgage-backed securities, corporate debt asset-backed securities, foreign securities, emerging market securities, inflation-indexed bonds, bank loans and assignments, securitized products and preferred securities for investment. Philip Barach, Luz Padilla and Bonnie Baha will be the fund’s portfolio managers.
Click here for the release from PR Newswire.