MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 17, 2013 WSJ Shouts Out to Bank Loan ETFs With Biggest Flows Want more flows, maybe you should consider products focused on bank loans. The Wall Street Journal reports that "inflows into ETFs that track bank loans have gained the most in their short history, with four funds soaking up $2.6 billion, or more than half of the category's $4.2 billion in assets." The fund that has soaked the most flows so far is the two-year-old PowerShares Senior Loan Portfolio fund, which now has $4 billion AUM. It has taken in $2.4 billion, this year, according to Lipper, ranking it as the fifth among 1,400 ETFs on the market for inflows in 2013. Other funds noted include SSgA's SPDR Blackstone/GSO Senior Loan ETF and the First Trust Senior Loan Fund ETF. Read more on the products, and how they are doing, in the Wall Street Journal. Printed from: MFWire.com/story.asp?s=43907 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |