Retail Investors Return to Loan Funds Amid Shifting Rate Expectations
Retail investors have steadily returned to leveraged loan funds following two consecutive months of net redemptions. The Invesco Senior Loan ETF (BKLN) recorded $359m in inflows this month through May 19, building on $528m of inflows in April, and reversing the sharp redemptions seen in February and March when $1.073b was pulled by investors.
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