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EM Debt Experiences Marginal Returns
EM debt funds returned 0.14% on the week ending April 17, taking them to a 1.47% ytd gain, according to Lipper. International income funds lost 0.19%, while global income funds sank 0.30%. Loan participation funds saw the biggest increase of the week, with a return of 0.59%, while GNMA funds experienced the biggest loss, at 0.88%.
