Weekly Net Inflows Slip to $182 Million

Weekly reporting municipal bond mutual funds had a net inflow of $182 million during the period ending Feb. 20, AMG Data Services reported.

The results were down from a $383 million inflow the previous week, but represent the sixth 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 - fell to a $835.2 million inflow from a $918.1 million inflow.

Taxable bond funds that report weekly had a $2.1 billion net inflow, down from a $2.8 billion inflow the week before.

Weekly reporting equity funds had an outflow of $4.2 billion following a $7.6 billion outflow the previous week.

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