The ETF's assets have fallen to $2 billion from $5.2 billion at its 2013 peak.
DoubleLine's CEO thinks the Fed will continue hiking rates until a recession or other negative event happens.
Trump has "doubled down" on his stance regarding trade and securing jobs in America, says Gundlach.
Gundlach reiterated his 2016 call that markets will reverse their post-election moves.
Bill Gross predicted an end to the post-election stock rally.
"The Trump win is not positive for consumer spending," DoubleLine Capital's Jeffrey Gundlach said.
Prudential's senior investment officer said the steep selloff in U.S. bonds following last week's surprise election was overdone.
Jeffrey Gundlach said Trump will look to boost growth and inflationary pressures and that is a negative for government bonds.
The $61.6 billion DoubleLine Total Return Bond Fund, the largest fund in the firm by total assets, had net outflows of $33...
Widely seen as Pimco's new flagship fund, it has brought in $10.5 billion so far this year.