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FYI: (This is a follow-up article) ReutersJeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital. Jeffrey Gundlach‘s actively managed bond exchange-traded fund hit the market on Tuesday, a closely watched debut in an industry where passive indexes are usually touchstones.
The SPDR DoubleLine Total Return Tactical exchange-traded fund (TOTL) is a partnership between the $64 billion bond manager and State Street Global Advisors, a unit of State Street (STT). The ETF is marketed as a “core” bond fund, one that reaches across the global fixed-income market Regards, Ted http://blogs.barrons.com/focusonfunds/2015/02/24/king-of-bonds-dives-into-etfs/tab/print/
