Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

  • Derf December 2014
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Bank Loan Funds Lose Money For A 21st Straight Week

FYI: Bank loan funds continue to bleed cash, losing $507 million to investor withdrawals last week, a 21st straight week of net outflows, according to Lipper data. These loan funds are a streaky bunch - recall that earlier this year loan funds saw a streak of 95 consecutive weekly net inflows come to an end.
Regards,
Ted
http://blogs.barrons.com/incomeinvesting/2014/12/05/bank-loan-funds-lose-money-for-a-21st-straight-week/tab/print/

M* Bank Loan Fund Returns: http://news.morningstar.com/fund-category-returns/bank-loan/$FOCA$BL.aspx

Comments

  • Only 7 views ! ? I own a small position in EABLX. Thinking of selling but see interest rate up this week as / one of Ted's post. YTD the fund is still up.
    Does anyone care to chime in on floating bank loans ?

    Good investing, Derf
Sign In or Register to comment.