After positive returns for October and November the S&P/LSTA U.S. Leveraged Loan 100 Index, like high yield, has been knocked off track by recent events. The index is down -2.06% MTD and has only returned 0.35% YTD at this point. At this point the year-to-date return of 2.6% achieved in July is a distant memory.
Source: S&P Dow Jones Indices, data as of 12/12/2014, leverage loan data 12/14/2014.