MutualFundWire.com: Munis Endure Eighth Straight Week of Outflows
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Monday, July 22, 2013

Munis Endure Eighth Straight Week of Outflows


It's been a rough week for municipal bond funds and ETFs, which had $1.56 billion in net outflows in the week ended Wednesday, Barrons reporter Michael Aneiro writes.

This is the eighth straight week of net outflows.

Despite the early spring losses in April and May, which Aneiro writes are typical of the season for muni bonds, the May and June sell-offs exacerbated outflows for the muni bond fund and ETF market.

Typically, Muni bond funds bring in $50 million in net inflows in a week, asserts Aneiro.

To read more, click here.


Printed from: MFWire.com/story.asp?s=45010

Copyright 2013, InvestmentWires, Inc.
All Rights Reserved
Back to Top