Gundlach's Total Return Fund Beat Fixed-Income Rivals in 2018
Jeffrey Gundlach
Photographer: Patrick T. Fallon/Bloomberg
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Jeffrey Gundlach outperformed the competition again in 2018.
His $47.2 billion DoubleLine Total Return Bond Fund returned 1.8 percent last year, the best performance among the 10 largest actively managed U.S. bond funds, according to data compiled by Bloomberg. The fund, which invests mostly in mortgage-related securities, beat 97 percent of its peers in a rough year for fixed-income investors, data from Morningstar Inc. show.