01-11-2016 20:36 via feedproxy.google.com

Investors pulled money from Jeff Gundlach's main fund for the first time since January 2014

Jeff Gundlach's investors are reportedly shifting money out of his main bond fund.
According to Jennifer Ablan at Reuters, Gundlach's main fund — the DoubleLine Total Return Bond Fund — had a net outflow of $33.2 million in the month of October. According to Ablan, this is the first net outflow for the fund since January 2014.
The Total Return Fund is the largest of DoubleLine's funds, with assets totaling $61.6 billion.
Gundlach also told Reuters that rising rates will lead to more
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