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

Jimmy 3x3 | 9 Views | 2017-11-16T22:40:52+00:00

NEW YORK (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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