Weekly Reporters See $347M of Inflows

Weekly reporting municipal bond mutual funds had a net inflow of $374 million during the period ending June 18, AMG Data Services reported.

The results were down from a $695 million inflow the previous week, but represent the 22nd inflow in the last 23 weeks, according to the Arcata, Calif.-based fund tracker. The category represents about 73% of all muni bond funds because it excludes those that report monthly.

The four-week moving average for all muni bond funds which includes the monthly reporters dipped to a $1.26 billion inflow from a $1.37 billion inflow.

Taxable bond funds that report weekly had a $1 billion net inflow following a $1.7 billion inflow the week before.

Weekly reporting equity funds had an inflow of $22 billion after a $1.5 billion outflow the previous week.

 

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