The next move for DoubleLine will be expanding into new markets. Filings with the SEC show that DoubleLine has five new fund offerings, including three stock mutual funds in the works.
But, in an effort to keep its asset growth in check, the company closed its hedge fund strategy to new investors. Its Strategic Income fund, which it runs jointly with RiverNorth, also is closed to new investors. If the Total Return Bond fund is closed, it is not known how long it will stay that way.