Both high yield bond fund and leveraged loan funds remained in positive territory for the week ending Sept. 22, according to research firm Lipper FMI.
Junk bond funds took in $824 million for the week, a drop from the previous week’s $1.19 billion but the third consecutive positive week for high yield. The four-week trailing averaged moved to $691 million from $491 million, the highest that average has been since Aug. 2009.
Inflows into leveraged loan funds totaled $319 million for the week. The inflow was down form the previous week’s $480 million. It is the 12th consecutive week of inflows. The four-week average is $252 million. Bank loan funds have been positive for 35 of this year’s 38 weeks so far.
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