Investors' cash pours into funds that buy corporate loans

05/16/2013 | Wall Street Journal, The

As some investors position themselves for the end to historically low interest rates, money is pouring into funds that buy leveraged loans to corporations, a type of debt that pays interest rates that adjust as benchmarks change. In April, loan funds took in $5.6 billion. That compares with a combined $2.25 billion inflow for funds that invest in high-yield bonds and Treasury debt.

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Wall Street Journal, The

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