Morningstar LSTA Leveraged Loan Index Analysis (July 2026)

The US syndicated loan market returned 0.79% in July, its best-performing month since April, as software loans and insurance credits rebounded. A large divide still exists between software and the broader market, however, and the distressed and stressed cohorts remain elevated. Kenny Tang of Pitchbook LCD wrote this.

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  • July 2026 US Leveraged Loan Index Monthly Wrap.pdf 878 KB

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