Bank loan funds see $42 million outflows in week to Wednesday

By Paul A. Harris

Portland, Ore., Aug. 24 – The dedicated U.S. bank loan funds sustained $42 million of net outflows in the week to Wednesday’s close, according to a market source.

It follows $274 million of net inflows reported during the prior week.

The loan funds saw $84 million of daily net inflows on Wednesday, the most recent session for which data was available at press time, the source said.

Bank loan ETFs saw $54 million of inflows on the day.

Actively managed bank loan funds saw $30 million of inflows on Wednesday, according to the market source.

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