Morningstar/LSTA Leveraged Loan Index publication

Morningstar/LSTA Leveraged Loan Index publication

Created by the LCD team at Pitchbook, the review provides a monthly overview on the performance of the Morningstar/LSTA Leveraged Loan Index.

Recent media

Recent publications/releases

The US syndicated loan market returned 0.93% in August, exceeding July’s performance as software loans rebounded to pare the sector’s YTD loss to 2.60% and close the gap with the broader market.
The loan market rose 0.79% in July, led by rebounds in software and insurance, though the software gap and elevated distressed volumes persist.
Loan rally stalls out as tech weakness bites.
US leveraged loans posted a steady if unspectacular month in May, with the Morningstar LSTA US Leveraged Loan Index gaining 0.51%.
US leveraged loans rebounded sharply in April, with the Morningstar LSTA US Leveraged Loan Index posting a 1.29% return.
Loans post first positive return of 2026, issuance remains light.

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