U.S. leveraged loans gained 0.57% today after gaining 0.01% yesterday, according to the Morningstar LSTA US Leveraged Loan Index. This is the largest daily return for the index since Nov. 9, 2020.
The Morningstar LSTA US Leveraged Loan 100, which tracks the 100 largest loans in the broader index, gained 0.81% today.
Loan returns are 0.63% in the month to date and -2.65% in the YTD.
This article originally appeared on PitchBook News