Weekly reporting municipal bond mutual funds had a net outflow of $253 million during the period ending Nov. 5, AMG Data Services reported.
The results follow a $134 million outflow the previous week, and represents the seventh straight outflow after 27 weeks of consecutive inflows, according to the Arcata, Calif.-based fund tracker.
The four-week moving average for all muni bond funds - which includes the monthly reporters - moved to a $1.50 billion outflow from a $1.11 billion outflow.
Taxable bond funds that report weekly had a $2.2 billion net outflow after a $3.9 billion outflow the week before.
Weekly reporting equity funds had an inflow of $4.1 billion following a $2.7 billion outflow the previous week.
