Weekly Reporters Take Dip in 5th Week of Inflows

Weekly reporting municipal bond mutual funds had a net inflow of $383 million during the period ending Feb. 13, AMG Data Services reported.

The results were down from a $563 million inflow the previous week, but represent the fifth week of inflows following eight straight weeks of outflows, 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 $918.6 million inflow from a $903.8 million inflow.

Taxable bond funds that report weekly had a $2.8 billion net inflow after a $3.5 billion inflow the week before.

Weekly reporting equity funds had an outflow of $7.6 billion after a $7.9 billion outflow the previous week.

For reprint and licensing requests for this article, click here.
Buy side
MORE FROM BOND BUYER