Mergers & Acquisitions

Jeffrey Gundlach's DoubleLine launches Income Fund -SEC filings

Credit: REUTERS/Brendan McDermid

DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is launching a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized loan obligations, according to Securities and Exchange Commission filings on Wednesday.

June 12 (Reuters) - DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is launching a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized loan obligations, according to Securities and Exchange Commission filings on Wednesday.

The new fund, called the Doubleline Income Fund, will be overseen by Morris Chen, Andrew Hsu and Ken Shinoda, the filings said.

(Reporting by Jennifer Ablan Editing by Leslie Adler)

((jennifer.ablan@thomsonreuters.com; tel 646 223 6297))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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