Investors have been retreating from bank-loan funds in recent weeks. Assets in bank-loan funds have fallen 33 percent to $18.2 billion end-June, The Wall Street Journal reported, citing figures from AMG Data Services. The average bank-loan fund shed 4.1 percent of its value, according to Morningstar data. Investors, meanwhile, have been pouring assets into money-market funds. Inflows into money-market funds totaled $75.9 billion in the week ended Wednesday, the second-highest figure recorded, according to the report.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE