{"id":25073,"date":"2011-10-04T00:41:09","date_gmt":"2011-10-04T04:41:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25073"},"modified":"2011-10-04T07:36:08","modified_gmt":"2011-10-04T11:36:08","slug":"doubleline-launches-low-duration-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/doubleline-launches-low-duration-hedge-fund.html","title":{"rendered":"DoubleLine Launches Low Duration Hedge Fund"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/10\/spring1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-25074\" title=\"spring(1)\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/10\/spring1.jpg\" alt=\"\" width=\"271\" height=\"221\" \/><\/a>New York (HedgeCo.net) &#8211; Los Angeles based hedge fund manager, the DoubleLine Funds Trust, has launched the DoubleLine Low Duration Bond Fund with two &#8220;no load&#8221; share classes: I shares and N shares.<\/p>\n<p>&#8220;The new open-ended fund invests principally in debt securities.&#8221; Philip Barach, President and co-founder of DoubleLine, said, &#8220;Including corporate debt; asset-backed securities; foreign securities (corporate and government); emerging market securities (corporate and government); inflation-indexed bonds; bank loans and assignments; securitized products, including collateralized loan obligations; preferred securities; and other instruments bearing fixed or variable interest rates of any maturity.&#8221;<\/p>\n<p><strong>Share Class Information<\/strong><\/p>\n<p>I shares: \u00a0Minimum initial investment is $100,000 for regular accounts and $5,000 for Individual Retirement Accounts (IRAs). There is no annual 12b-1 fee.<\/p>\n<p>N shares: \u00a0Minimum initial investment is $2,000 for regular accounts and $500 for IRAs. There is an annual 12b-1 fee of 0.25%.<\/p>\n<p>DoubleLine Capital has assets under management of about $17 billion, invested via mutual funds, separate accounts and hedge funds. The firm is majority employee-owned with CEO Jeffrey Gundlach and President Philip Barach holding a combined controlling interest.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Los Angeles based hedge fund manager, the DoubleLine Funds Trust, has launched the DoubleLine Low Duration Bond Fund with two &#8220;no load&#8221; share classes: I shares and N shares. &#8220;The new open-ended fund invests principally in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,3],"tags":[],"class_list":["post-25073","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-launches","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=25073"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25073\/revisions"}],"predecessor-version":[{"id":25181,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25073\/revisions\/25181"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}