Investors Pull $859 Million from U.S. High-Yield Bond FundsChristine Idzelis
Investors pulled $859 million from U.S. high-yield bond funds this week, the largest withdrawal since the period ended Oct. 1, according to Lipper.
That brought net outflows for the year to $14.4 billion.
Investors also withdrew $511 million from U.S. funds that buy leveraged loans, increasing net outflows for that asset class to $16.6 billion in 2014, Lipper data show.