|Expense Ratio (net)||0.47%|
|Morningstar Risk Rating||Below Average|
|Last Cap Gain||0.00|
|Inception Date||Apr 6, 2010|
|Average for Category||N/A|
Unlike active stock pickers, the best managers from the likes of PIMCO, DoubleLine, Guggenheim and Loomis Sayles have proven track records of adding value for their investors versus a passive benchmark. Look back through my blog and you will see numerous references to some of my favorite funds like the DoubleLine Total Return Bond Fund (MUTF:DBLTX) or the PIMCO Income Fund (MUTF:PONDX). More recently, we have focused on their complimentary exchange-traded fund portfolios via the PIMCO Active Bond ETF (NYSEARCA:BOND) and the SPDR DoubleLine Total Return Tactical ETF (NYSEARCA:TOTL).
The DoubleLine Total Return Bond Fund posted an estimated net outflow of $1 billion in January, its third straight net cash withdrawal after it bled $3.5 billion the previous month, data from research firm Morningstar showed on Wednesday. The fund, which launched in April 2010 and is DoubleLine's flagship, attracted a net $3.05 billion in new cash for all of 2016, the Morningstar data showed. Overall, DoubleLine's U.S. open-end mutual funds saw outflows of $190 million for January, Morningstar said.