Weekly reporting municipal bond mutual funds had a net inflow of $468 million during the period ending Jan. 30, AMG Data Services reported. The results were down slightly from a $513 million inflow the previous week, but represent the fourth week of inflows following eight straight weeks of outflows, according to the Arcata, Calif.-based fund tracker. The category represents about 73% of all muni bond funds because it excludes those that report monthly.
The four-week moving average for all muni bond funds - which includes the monthly reporters - rose to a $443.6 million inflow from a $122.1 million outflow.
Taxable bond funds that report weekly had a $628 million net inflow following a $1.6 billion inflow the week before. Weekly reporting equity funds had an outflow of $7.5 billion after a $13.6 billion outflow the previous week.