Weekly reporting municipal bond mutual funds had a net inflow of $170 million during the period ending Feb. 27, AMG Data Services reported.
The results were down from a $182 million inflow the previous week, but represent the seventh 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 $760.9 million inflow from a $835.3 million inflow.
Taxable bond funds that report weekly had a $3.4 billion net inflow, after a $2.1 billion inflow the week before.
Weekly reporting equity funds had an inflow of $2 billion, after a $4.2 billion outflow the previous week.