Dedicated loan funds sustain $213 million net daily cash outflows on Friday

By Paul A. Harris

Portland, Ore., Feb. 27 – The dedicated bank-loan funds sustained a substantial $213 million of net daily cash outflows on Friday, the most recent market session for which data was available at press time, according to a market source.

Actively managed bank-loan funds saw $185 million of outflows on the day.

Bank-loan ETFs sustained $28 million of outflows on Friday, the source said.

The combined funds are tracking $274 million of net outflows for the week that will conclude with Wednesday's close.

For the most recent week on record, which concluded with the Wednesday, Feb. 22 close, the combined funds sustained $618 million of net outflows.

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