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Bank loan funds tracking combined $282 million weekly outflows
By Paul A. Harris
Portland, Ore., Aug. 30 – The dedicated bank loan funds sustained $50 million of daily net outflows on Monday, the most recent session for which data was available at press time, according to a market source.
Bank loan ETFs saw $38 million of outflows on the day.
Actively managed bank loan funds sustained $12 million of outflows on Monday, the source said.
The combined funds are tracking $282 million of net outflows for the week that will conclude with Wednesday's close.
The combined funds saw $987 million of outflows in the week to the Aug. 24 close, the most recent week on record.
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