Investors continue to pour dollars into 40 Act products, looking for returns outside of U.S. borders and income from taxable fixed income funds. For the week ended May 22, funds (including conventional funds and exchange-traded funds) took in a net $25.1 billion, according to Lipper data.
Equity funds took in a net $6.4 billion (their fourth week of net inflows), fixed income funds attracted net $3.2 billion, municipal bond funds drew in $63 million (for their third consecutive week of net inflows), and money market funds pulled in a net $15.4 billion for the week.
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