Inflows into stock funds more than tripled last week, as industry inflows improved by more than $15 billion, according to the latest data from the
LSEG Lipper team.
| Jack Fischer LSEG Lipper Senior Research Analyst | |
In the
U.S. Weekly FundFlows Insight report for the week ending November 15 (i.e. Wednesday),
Jack Fischer, senior research analyst at LSEG Lipper,
reveals that $29.4 billion net flowed into mutual funds and ETFs in the U.S. this week. It was the industry's fourth week of inflows in a row, up week-over-week from $14.2 billion
last week. Long-term (i.e. non-money-market) funds brought in $14.6 billion in net inflows this week, up W/W/ from $10.3 billion.
Money market funds led the way with $14.8 billion in net inflows this week, up W/W from $3.9 billion. Equity funds brought in $10 billion in net inflows this week (up W/W from $3 billion), taxable fixed income funds brought in $4.7 billion, alternatives funds brought in $377 million (up W/W from $262 million), and commodities funds brought in $202 million (down W/W from $453 million).
On the flip side, mixed assets funds suffered $439 million in net outflows this week, down W/W from $573 million. And tax-exempt fixed income funds suffered $235 million in net outflows.
Equity ETFs brought in $15.9 billion in net inflows this week. It was their seventh consecutive week of inflows, up W/W from $8.8 billion.
This week's biggest equity ETF winner was the
Invesco QQQ Trust Series 1 (QQQ). The fund brought in $4.5 billion in net inflows.
Conventional (i.e. non-ETF) equity funds suffered $6 billion in net outflows this week. It was their 94rd week running of net outflows, up W/W from $4.58 billion.
Taxable fixed income ETFs brought in $6.7 billion in net inflows this week. It was their 10th week of outflows in a row, down W/W/ from $8.8 billion.
This week's biggest taxable fixed income ETF winner was
SSGA's SPDR Bloomberg High Yield Bond ETF (JNK). The fund brought in $1.8 billion in net inflows.
Conventioanl taxable fixed income funds suffered $2 billion in net outflows this week. It was their 10th consecutive week of outflows, up W/W from $1.6 billion.
Municipal bond ETFs brought in $712 million in net inflows this week. It was their week running of inflows, down W/W from $1 billion.
Conventional muni bond funds suffered $947 million in net outflows this week. It was their 15th week of outflows in a row, down W/W from $1.2 billion. 
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