Municipal mutual funds reported $82.1 million of net inflows in the week ended Feb. 12, Lipper FMI said Thursday.
The inflows compared with the $227.3 million of net outflows the funds posted in the week ended Feb. 5, which ended a three-week spate of inflows since the start of the year.
Long-term municipal bond funds that report their flows weekly gained $93.74 million, versus outflows of $277.57 the week before, while high-yield municipal bond funds said they had $161.18 million of inflows, up from $96.06 million of inflows last week.
Christine Albano is a reporter for The Bond Buyer covering the buy-side.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access