Bank-loan funds see $131 million outflows on Tuesday

By Paul A. Harris

Portland, Ore., Feb. 22 – The dedicated bank-loan funds sustained $131 million of net outflows on Tuesday, the latest session for which data was available at press time, according to a market source.

Bank-loan ETFs saw $62 million of outflows on the day.

Actively managed bank-loan funds saw $69 million of outflows on Tuesday, the source said.

The combined funds are tracking $310 million of net outflows for the week to Wednesday's close, after sustaining $529 million of net outflows during the prior week, according to the market source.

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