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.
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DoubleLine Bonnie Baha Philip Barach Luz Padilla PR Newswire