U.S. leveraged loan funds recorded an inflow of $318.4 million in the week ended Sept. 21, according to the Lipper weekly reporters only. That’s up slightly from $306.2 million last week and just shy of the $318.2 million infusion in the week prior, which is the 2016 high.
With this latest reading, the inflow streak for loan funds hits eight weeks for a total of $1.585 billion over that span.
This week’s result raises the four-week trailing average to an inflow of $251 million, from $246 million.
ETFs accounted for 40%, or $127 million, of the total inflow this week.
Year-to-date outflows from leveraged loan funds now total $3.8 billion, based on outflows of $5.33 billion from mutual funds against inflows of $1.53 billion to ETFs, according to Lipper.
The change due to market conditions this past week was positive $83.7 million. Total assets were $64.6 billion at the end of the observation period. ETFs represent about 11% of the total, at $7.4 billion. — Jon Hemingway
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