After Six Weeks of Withdrawals US Leveraged Loan Funds See $369M Inflow

US loan fundsInvestors poured $369 million into U.S. loan funds this week, a decided turnaround after six straight withdrawals totaling $849 million, according to Lipper.

The inflow this week brings the four-week average into the black, at $31 million. ETFs accounted for the bulk of this week’s gain, $286 million, while loan funds proper saw an $83 million inflow.

The change due to market conditions this week was $308 million—the largest since April—bringing total loan fund assets to $98.1 billion, the most since October 2014, says Lipper. ETFs now total $19.3 billion. — Staff reports

Try LCD for Free! News, analysis, data

Follow LCD News on Twitter.

LCD comps is an offering of S&P Global Market Intelligence. LCD’s subscription site offers complete news, analysis and data covering the global leveraged loan and high yield bond markets. You can learn more about LCD here.

Leave a Reply

Comments are moderated and will not appear until the admin has approved them.