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Loan funds see $630 million of inflows in week to July 7 close
By Paul A. Harris
Portland, Ore., July 9 – The dedicated bank loan funds saw $630 million of net inflows in the week to the July 7 close, including $140 million of inflows into the loan exchange-traded funds, according to a market source.
It was the 26th consecutive weekly inflow and came in just slightly below the 2021 year-to-date weekly average of $775 million, the source said.
The combined funds have seen $28.3 billion of net inflows in 2021 to the July 7 close, having now entirely clawed back the $27 billion of net outflows they sustained in the entire year of 2020.
The most recent daily flows were essentially flat, according to the market source.
Actively managed bank loan funds saw $65 million of inflows on Thursday.
However bank loan ETFs sustained $48 million of outflows on the day, the source said.
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