Weekly Reporters See $375M of Net Inflows

Weekly reporting municipal bond mutual funds had a net inflow of $375 million during the period ending Aug. 6, AMG Data Services reported.

The results were up from a $255 million inflow the previous week, and represent the 28th inflow in the last 29 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 - rose to a $669.4 million inflow from a $375.9 billion inflow.

Taxable bond funds that report weekly had an $821 million net inflow after a $7 million outflow the week before.

Weekly reporting equity funds had an inflow of $4.7 billion after a $2.7 billion inflow the previous week.

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