U.S. Loan Funds Attract First Investor Inflows in Seven Months

Investors snapped a seven-month stretch of withdrawals from U.S. funds that buy high-yield, high-risk loans, according to data provider Lipper.

Funds reported about $130 million of inflows the past week, the first deposits since July, the unit of Thomson Reuters Corp. said. That trimmed net outflows for the year to about $4 billion. Investors also added $1.64 billion to funds that buy junk bonds, pushing net deposits for the year to $9.94 billion, the data show.

Investors dipped back into a loan market that’s gained 1.4 percent this year after losing 0.5 percent in the last three months of 2014, according to the Standard & Poor’s/LSTA U.S. Leveraged Loan 100 index.

Junk bonds returned 2.19 percent this year after losing 1.1 percent in the fourth quarter, Bank of America Merrill Lynch index data show.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE