Weekly reporting municipal bond mutual funds had a net inflow of $345 million during the period ending April 9, AMG Data Services reported.
The results were up from a $333 million inflow the previous week, and represent the 12th inflow in the last 13 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 $780.4 million inflow from a $444.3 million inflow.
Taxable bond funds that report weekly had a $2.9 billion net inflow, after a $1.1 billion outflow the week before.
Weekly reporting equity funds had an inflow of $901 million after a $3.1 billion outflow the week before.
