Gundlach Fund Attracts Most Investor Money in First Half
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DoubleLine Capital LP’s Total Return Bond Fund attracted the most money among U.S. mutual funds this year through June, according to estimates from Morningstar Inc.
The Los Angeles-based firm’s fund received $11.5 billion, followed by Vanguard Group Inc.’s Total International Stock Index Fund, which won $8.9 billion, Chicago-based Morningstar said. Pacific Investment Management Co.’s Total Return Bond Fund, the world’s largest mutual fund, had the sixth biggest deposits with $5.9 billion.