Cash continues flooding into municipal bond mutual funds as retail investors embrace yields many once scorned as being far too low.

Municipal bond mutual funds that report their figures weekly posted a net inflow of $927.1 million during the week ended Aug. 18, according to Lipper FMI.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.