July 2023 US Leveraged Loan Index Monthly Wrap

US leveraged loans continued to rally in July, as the Morningstar LSTA US Leveraged Loan Index gained 1.29%, led by the lower-rated names. The year-to-date return rose to 7.85%, putting the market on pace for the strongest year since the Global Financial Crisis.  This analysis was written by Marina Lukatsky of Pitchbook|LCD.


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