NEW YORK, July 31 (IFR) - US high-yield funds have seen a
third consecutive week of outflows, Lipper reported on Thursday,
with US$1.476bn being pulled out of the asset class.
For the three weeks ended 7/30, the total outflow is
$5.536bn. Year-to-date the high-yield net inflow is US$1.147bn
Lipper said loan participation funds also saw an outflow for
the latest reporting week of US$406.2m. Year-to-date outflow
from loan funds is US$53.72m.
Meanwhile investment-grade funds saw an inflow of US$952.5m
for the week ended 7/30. Year-to-date inflow for the asset class
(Reporting by Anthony Rodriguez; Editing by Marc Carnegie)