U.S. muni bond funds post $706 mln weekly inflows-Lipper

Thu Nov 15, 2012 4:40pm EST

Nov 15 (Reuters) - U.S. municipal bond funds reported $706 million of net inflows in the week to Nov. 14 from $866 million in the week before, according to data released by Lipper on Thursday.

Municipal bond funds, popular with retail investors, have attracted positive weekly inflows for nearly a year barring two periods - the weeks ended April 11 and Oct. 31.

The four-week moving average for the muni funds remained positive at $529 million, said Lipper, a unit of Thomson Reuters.

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