Tuesday, April 28, 2015

Gundlach Doubles His (Small) Bet on Puerto Rico

DoubleLine Capital’s Jeffrey Gundlach has upped his holdings in Puerto Rico’s debt. Bloomberg News reported Monday that he’s doubled his holdings in his DoubleLine Income Solutions Fund (DSL) to $45 million. That may sound like more than it is. That stake represents a tiny 1.3% of the fund’s $2.28 billion in assets. Also, DSL is a closed-end [...]

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