Weekly Reporters Post Inflow of $338 Million

Weekly reporting municipal bond mutual funds had a net inflow of $338 million during the period ending Aug. 20, AMG Data Services reported.

The results were up from a $237 million inflow the previous week, and represent the 30th inflow in the last 31 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 $622.7 million inflow from a $665.7 billion inflow.

Taxable bond funds that report weekly had a $125 million net outflow, after a $1.4 billion inflow the week before.

Weekly reporting equity funds had an outflow of $1.2 billion, after a $3.9 billion inflow the previous week.

 

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