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US Leveraged Loan Funds See $108M Investor Cash Inflow

us loan fund flows

U.S. loan funds recorded an inflow of $108 million for the week ended July 12, according to Lipper weekly reporters only. This marks the second consecutive week of inflows, for a total of $158 million over the period. ETFs saw an inflow of $132 million this week, which was offset by an outflow of $24 million from mutual funds.

The four-week trailing average remained fairly level, widening to negative $64 million, from negative $58 million last week.

Year-to-date inflows from leveraged loan funds now total $14.2 billion, based on inflows of $10 billion to mutual funds and inflows of $4.2 billion to ETFs, according to Lipper.

The change due to market conditions this past week was positive $81 million, marking the third straight week of increases. Total assets were $95.6 billion at the end of the observation period. ETFs represent about 19.6% of the total, at $18.8 billion. — James Passeri

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This story first appeared on www.lcdcomps.com, 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.

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