|Expense Ratio (net)||0.44%|
|Morningstar Risk Rating||★★★|
|Last Cap Gain||0.00|
|Inception Date||Jun 1, 2010|
|Average for Category||N/A|
"If today is not a risk-off day, there's a less-compelling reason for people who bought long Treasuries yesterday to hold them," said Jonathan Lewis, chief investment officer at Samson Capital Advisors in New York. "People are extrapolating into the second hike, and if you get continued weakness globally... I think that is postponing people's expectation of the next hike," said Priya Misra, head of global rates strategy at TD Securities in New York.
DoubleLine Capital, the investment firm with $85 billion in assets overseen by widely followed co-founder Jeffrey Gundlach, posted a net inflow of $1.03 billion into its open-end mutual funds in December, ...
DoubleLine Capital Chief Executive Jeffrey Gundlach still believes the U.S. Federal Reserve is unlikely to raise interest rates this year, given the Greece and Puerto Rico crises and commodity selling fueled by China's market slump. Gundlach, reiterating his Federal Reserve call first made in early May, said on a client webcast on Tuesday that odds of a Fed rate increase in September are now less than 25 percent. "I don't think the Fed is going to raise rates in September," said Gundlach, who oversees $73 billion in assets at the Los Angeles-based investment firm.