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Do Investors Benefit From Securities Lending?

Adam McCullough looks at the rewards, and risks, for individual investors.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Most investors don't realize that many mutual funds and exchange-traded funds loan out the securities in their portfolios. Joining me to discuss the practice of securities lending is Adam McCullough. He is an analyst in Morningstar's manager research group.

Adam, thank you so much for being here.

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