Weekly Reporters Post Net Inflow of $237M

Weekly reporting municipal bond mutual funds had a net inflow of $237 million during the period ending Aug. 13, AMG Data Services reported.

The results were down from a $375 million inflow the previous week, and represent the 29th inflow in the last 30 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 $665.9 million inflow from a $669.4 billion inflow.

Taxable bond funds that report weekly had a $1.4 billion net inflow, after an $821 million inflow the week before.

Weekly reporting equity funds had an inflow of $3.9 billion, after a $4.7 billion inflow the previous week.

 

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