US Leveraged Loans Post 0.48% Gain in March

The Bloomberg US Leveraged Loan Index (Ticker: LOAN) posted a return of 0.48% in March, reversing a decline that began in January and brings the year-to-date return to -0.56%. Average secondary market prices on US leveraged loans dropped to 94.77 on March 31 after slipping from the December 31st figure of 96.93.

The European Leveraged Loan Index (ELOAN) was flat in March, posting a 0% return to bring the YTD decline to -0.84%.