Mutual funds

The fund focuses on investment-grade state and local government debt funding sustainable development, including affordable housing, green spaces and hospitals.

The Federal Reserve said Wednesday in its Beige Book report that U.S. economic growth slipped to a more moderate pace between early July and the end of August.

Refinitiv Lipper reported just over $1 billion of inflows into municipal bond mutual funds, an $800 million drop from a week prior, moving the four week moving average to $1.6 billion.

Refinitiv Lipper reported $1.9 billion of inflows, high-yield gaining $524 million, the 25th consecutive week of inflows into municipal bond mutual funds.

The Investment Company Institute reported $2.3 billion of inflows, bringing 2021 totals to $67 billion.

An influx of investment into high-yield munis has created challenges for fund managers forced to compete against each other to get in on new bond offerings.

Refinitiv Lipper reported $1.87 billion inflows. A solid demand component for the market, but some suggest the move into bonds from equities is more an asset reallocation than investors keen on fixed income.

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.

The increasing influence of institutional market participants is even stronger in the taxable muni sector, a Municipal Securities Rulemaking Board report finds.

The lineup of exclusively short-duration fixed-income products, taxable and municipal, still managed an overall gain.

The top 20 performers nearly doubled the gains of their peers over the period.

The top 20 more than doubled the gains of their fixed-income industry peers.

Some market professionals were quick to say that the step would not be sufficient to soften the blows hammering the wider muni market.

Barber and Amoroso will work together during a temporary transition phase.

The 2017 Tax Cuts and Jobs Act continues to influence the composition of the municipal bond market.

With the addition of two new municipal funds, Baird appeals to more shareholders while expanding its current offerings.

Close proximity and presence in small states allows Josh Larson to "kick the tires" when analyzing new and existing credits

Continued selling would put more pressure on an already burdened secondary market.

Changes in tax rates made mutual funds, not banks, the main driver of demand on the long end. The change has had the effect of pushing yields on long-term munis higher.

The household sector’s direct ownership of outstanding muni debt has dropped by $103 billion year over year -- and by more than $300 billion since 2010.