U.S. muni bond funds report $391.3 mln weekly outflows-Lipper

Thu May 2, 2013 4:47pm EDT

May 2 (Reuters) - U.S. municipal bond funds reported a jump of net outflows to $391.3 million in the week ended May 1 from $102 million of outflows during the previous week, according to data released by Lipper on Thursday.

The four-week moving average remained negative for a seventh week in a row with an outflow of $414.7 million, said Lipper, a unit of Thomson Reuters.