Leveraged loan fund AUM declines at steepest clip since April 2025
Assets under management at leveraged loan funds fell by $5.6 billion in February, to $97.2 billion, in the steepest monthly decline since April 2025, when markets sold off from the “Liberation Day” tariffs. It was the seventh consecutive monthly decline, leaving loan fund AUM below $100 billion for the first time since December 2023, according to Morningstar data. Software story Retail investors pulled $4.1 billion from loan funds in February as loan prices slid. The weighted average bid of the