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The Investment Company Institute on Wednesday reported $3.120 billion of outflows in the week ending Feb. 16, up from $993 million of outflows in the previous week.
February 23 -
Municipals were stronger again on the day, though, and new-issues were repriced to lower yields.
February 3 -
Returns are deep in the red with the Bloomberg Municipal Index at negative 1.85%, while high-yield sits at negative 1.81%.
January 27 -
The change to the final indexes is expected to expand each fund's investing universe, the firms said.
December 9 -
The Investment Company Institute reported $657 million of inflows into municipal bond mutual funds while ETFs saw $828 million of inflows, a massive increase over the $43 million reported a week prior.
November 10 -
The fund focuses on investment-grade state and local government debt funding sustainable development, including affordable housing, green spaces and hospitals.
September 10 -
Another $2 billion-plus was reported flowing into municipal bond mutual funds in the latest week, continuing to be a supportive demand component for munis.
August 11 -
The increasing influence of institutional market participants is even stronger in the taxable muni sector, a Municipal Securities Rulemaking Board report finds.
August 11 -
Bank holdings of municipal bonds increased by 9% in 2020 compared to 2019, according to a new Federal Reserve report.
March 11 -
Data released Monday showed economic strength with further improvement ahead. U.S. Treasuries were off by five basis points but municipals saw aggressive eight to 10 basis point swings to higher yields across the curve.
February 22