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Bank loans thriving as bond option

Bank-loan funds are the beneficiary of a bond market that has made investors leery of most fixed-income investments — particularly junk bonds. Compared with junk-bond funds — to which some consider bank-loan funds an attractive alternative — asset flows into bank-loan funds have remained strong.

PHILADELPHIA — Bank-loan funds are the beneficiary of a bond market that has made investors leery of most fixed-income investments — particularly junk bonds.
Compared with junk-bond funds — to which some consider bank-loan funds an attractive alternative — asset flows into b

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