Weekly reporting municipal bond mutual funds had a net inflow of $432 million during the period ending Aug. 27, AMG Data Services reported.
The results were up from a $338 million inflow the previous week, and represent the 31st inflow in the last 32 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 - rose to a $667.0 million inflow from a $622.7 billion inflow.
Taxable bond funds that report weekly had an $895 million net inflow after a $125 million outflow the week before.
Weekly reporting equity funds had an outflow of $3.7 billion after a $1.2 billion outflow the previous week.
