Money still exiting leveraged loan funds

|By:, SA News Editor

Investors pulled another $1.2B out of leveraged loan funds this week, the largest outflow in nearly three years, and the 8th week out 9 that money has exited.

It brings net outflows YTD to $2.5B vs. $62.9B of inflows in 2013 when worry over higher rates had money pouring into the floating-rate instruments.

ETFs: BKLN, SRLN, SNLN, FTSL

Previously: Trouble in loan fund land?