U.S. leveraged loan funds recorded an inflow of $125.4 million in the week ended Aug. 17, according to the Lipper weekly reporters only. This is the third straight week of increasing inflows to the asset class, following last week’s $96.4 million and $60.4 million in the week prior.
The reading was 37% attributable to the ETF segment, up from 20% of last week’s reading.
The trailing four-week average rose to $66.7 million, from $52.6 million last week, amid the increasing inflow.
Year-to-date outflows from leveraged loan funds now total $5.11 billion, based on outflows of $5.9 billion from mutual funds against inflows of $779 million to ETFs, or inverse 15%, according to Lipper.
The change due to market conditions this past week was positive $40.2 million, a negligible change against total assets, which were $59.2 billion at the end of the observation period. ETFs represent about 11% of the total, at $6.6 billion. — Jon Hemingway
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