Loan Funds See Inflows Following Steady Stream of Redemptions
Retail investors have returned to loan funds following two months of net redemptions. The Invesco Senior Loan ETF (BKLN) recorded $265m in inflows this month through April 21, a reversal from the $125m in outflows the fund experienced in March, and a far cry from the exodus that took place in February when $948m was pulled by investors.
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