Loan mutual fund assets under management grew by $8.1 billion in August, or 5.8%, to an all-time high of $145.7 billion. That is the second-largest one-month dollar increase ever, behind only July's $8.9 billion (6.9%) expansion. Moreover, August is the sixteenth straight month in which AUM reached a record. As this chart illustrates, it has been a heady run for loan funds. Two telling statistics in this regard: (1) in the year to date, loan fund AUM has expanded $54.8 billion, or 60%, and (2...
Loan mutual fund assets under management grew by $8.1 billion in August, or 5.8%, to an all-time high of $145.7 billion. That is the second-largest one-month dollar increase ever, behind only July's $8.9 billion (6.9%) expansion. Moreover, August is the sixteenth straight month in which AUM reached a record. As this chart illustrates, it has been a heady run for loan funds. Two telling statistics in this regard: (1) in the year to date, loan fund AUM has expanded $54.8 billion, or 60%, and (2...
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