Retail Loan Funds See Outflows in final week of June
Demand for leveraged loans has been muted in recent weeks, with redemptions outpacing investments by $22.59b in the week ending June 26th. The Invesco Senior Loan ETF (BKLN) recorded June inflows of just 55.3b, a significant slowdown from the $3258b added in May and the $528m added in April, but still a welcome turnaround from the $948mm exodus that took place in February.
