Municipal mutual funds reported inflows increased to $663.6 million in the week ended May 22 from $616.5 million of inflows the week before.
Assets of all weekly reporting municipal funds increased to $291.2 billion from $290.2 billion the week before, Lipper FMI reported.
The four-week moving average inflow advanced to $549.2 million from $444.4 million.
Long-term municipal mutual funds that report their flows weekly had an inflow of $484.6 million following an inflow of $432.1 million the previous week.
Those assets inched up to $157.9 billion after ending at $157.1 billion the week before. The four-week moving average of the long-term fund was increased to an inflow of $405 million from $345.1 million the week before.
Inflows to high-yield mutual funds rose to $408.1 million from the previous week's $348.3 million. Assets increased to $433.8 billion, up from $428.2 billion and the four-week moving average inflow advanced to $369.3 million from $325.7 million.
