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U.S.-based junk bond funds post fourth-largest week of outflows on record
November 16, 2017 / 10:29 PM / a month ago

U.S.-based junk bond funds post fourth-largest week of outflows on record

NEW YORK, Nov 16 (Reuters) - U.S. fund investors walloped high-yield funds with their largest week of withdrawals since March, Lipper data showed on Thursday.

The funds posted $4.4 billion in net withdrawals during the week ended Nov. 15, the fourth largest weekly outflow on record dating to 1992. (Reporting by Trevor Hunnicutt)

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