US loan funds recorded a net outflow of $954 million for the week through Sept. 14, according to Lipper. Over the last four weeks, roughly $3.8 billion has exited the asset class.

Mutual funds booked an outflow of $896.4 million, while $57.7 million was pulled from ETFs. Moreover, this week marks the nineteenth straight week of outflows from mutual funds, for a cumulative outflow of $11.7 billion over that span.

The four-week trailing average moved deeper into the red, at an outflow of $948.2 million, from an outflow of $679 million on the same basis last week.

The change due to market conditions was a gain of $59.4 million, versus a loss of $310.2 million last week.

Year-to-date, net inflows fell to $4.5 billion, from $5.5 billion last week. Total assets at US loan funds stand at roughly $88.4 billion, of which $17.2 billion are in ETFs, or roughly 19% of the total.

This article originally appeared on PitchBook News