Loan Funds Lure Investors Adding Risk in Search for Yield

Loan Funds Lure Investors Adding Risk in Search for Yield

Bank-loan mutual funds lost about 30 percent during 2008, compared with about a 26 percent decline for funds that invest in high-yield bonds, according to data from Morningstar Inc. (MORN), a Chicago-based research firm. Photograph: Digital Vision/Getty Images