Weekly Reporters See Net Inflow of $225 Million

Weekly reporting municipal bond mutual funds had a net inflow of $255 million during the period ending July 30, AMG Data Services reported.

The results were down from a $509 million inflow the previous week, but represent the 27th inflow in the last 28 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 - fell to a $375.9 million inflow from a $609.0 billion inflow.

Taxable bond funds that report weekly had a $7 million net outflow after a $1.1 billion inflow the week before.

Weekly reporting equity funds had an inflow of $2.7 billion after a $9.6 billion outflow the previous week.

 

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