The loan market's 2013 rally persisted in April. Fueled by another month of muscular technical conditions and positive investor sentiment, the S&P/LSTA Index returned 0.6%, versus 0.82% in March. The larger names that constitute the S&P/LSTA Loan 100 lagged slightly in April, with a 0.56% return, after marginally outperforming in March, at 0.84%.
Leveraged loans return 0.6% in April as rally persists; YTD return is 2.72%
Forbes - 1 May 2013 20:04
The loan market's 2013 rally persisted in April. Fueled by another month of muscular technical conditions and positive investor sentiment, the S&P/LSTA Index returned 0.6%, versus 0.82% in March. The larger names that constitute the S&P/LSTA Loan 100 lagged slightly in April, with a 0.56% return, after marginally outperforming in March, at 0.84%.
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