Secondary Market Monthly June 2024 Executive Summary

The robust demand for broadly syndicated loans (BSL) moderated in June, sending the average price on the Morningstar LSTA Leveraged Loan Index (LLI) 34 basis points lower and drawing the asset class to a return of 0.35%, the lowest since October of last year, and below the average monthly return of 0.72% so far this year.

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