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Go-Anywhere Bond Funds Struggle To Attract Investors
FYI: (Click On Article Title At Top Of Google Search) Investors poured money into unconstrained bond funds a few years ago in a move to hedge against rising interest rates. But that early affection has faded as investors are still awaiting a sustained climb in U.S. yields. Regards, Ted https://www.google.com/#q=Go-Anywhere+Bond+Funds+Struggle+to+Attract+Investors+WSJ
I see DLINX has other DoubleLine funds (DBFRX and DBLGX) in its portfolio. Do the DLINX shareholders pay management fees to both fund managers? Seems like an expensive way to invest.
From the prospectus: "When the Fund invests in other DoubleLine funds, the Adviser will waive its advisory fee in an amount equal to the advisory fees paid to the Adviser by other DoubleLine funds in respect of Fund assets so invested".
This is why the "acquired funds fees" is virtually zero.
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I see DLINX has other DoubleLine funds (DBFRX and DBLGX) in its portfolio. Do the DLINX shareholders pay management fees to both fund managers? Seems like an expensive way to invest.
This is why the "acquired funds fees" is virtually zero.