July 31, 2014 / 8:56 PM / 3 years ago

Third straight week of outflows from high-yield funds: Lipper

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 is $48.576bn. (Reporting by Anthony Rodriguez; Editing by Marc Carnegie)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below