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Any reason why this fund has been so much slower out of the gate compared to his other offerings? Is it designed to be more conservative by nature? I like the intent behind the fund and am considering it in my IRA.
DMLIX is my largest holding, the core of my rollover IRA. It is more diversified that other DoubleLine funds. It owns significant amounts of cash, commodities, and stocks. I would expect it to become more volatile when Gunlach judges asset prices and conditions to be more favorable. Even if stocks become dirt cheap, I would expect it to be conservatively managed.
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