![June 2024 US Leveraged Loan Index Monthly Wrap](https://www.lsta.org/app/uploads/2024/07/June-2024-US-Leveraged-Loan-Index-Monthly-Wrap-791x1024.jpg)
After a strong rally in May, US leveraged loans endured a relatively tough stretch in what otherwise has been a strong year for the asset class. Demand from loan investors — CLOs and retail mutual funds/ETFs — cooled from multiyear highs reached in May, and as a result, loans posted the weakest monthly return of the year. Despite recent setbacks, however, loans remain on track for a strong return thanks to the elevated base rate and continued shortage of net supply. Marina Lukatsky of Pitchbook LCD wrote this.
File | June-2024-US-Leveraged-Loan-Index-Monthly-Wrap.pdf |
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