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
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