Cash Withdrawals From Leveraged Loan Funds Deepen In 6th Straight Outflow

Cash outflows for bank loan funds expanded to $1.2 billion in the week ended June 11, from $1.1 billion last week and $475 million two weeks ago, according to Lipper. This is the sixth consecutive outflow, for a net $3.7 billion withdrawal over that span, representing the largest multi-week depletion since a run of outflows in August 2011.