- The flip-side of a number of other fixed-income classes (see munis earlier), bank loan funds recorded their 66th consecutive week of inflows, taking in $1.1B according to Lipper. To review, bank loans (also called senior or leveraged loans) are variable-rate, and ahead of junk bonds in the corporate structure.
- The S&P/LSTA Leveraged Loan 100 index is ahead 3.72% YTD, while many fixed-income classes have posted losses.
- Bank loan ETFs: BKLN, SNLN, SRLN, FTSL.
- High yield ETFs: HYG, JNK, PHB, HYLD, HYS, SJB, UJB, SJNK, ANGL, BSJG, BSJH, BSJI, QLTC, XOVR.
Bank loan funds see continued inflows
Sep 20 2013, 12:58 ET