Feb 21 U.S. municipal bond funds posted $291.5
million of net inflows in the week ended Feb. 20, compared to
$490.9 million of inflows in the previous week, according to
data released by Lipper on Thursday.
In a seventh straight week of inflows, the four-week moving
average remained positive at $366.26 million, said Lipper, a
unit of Thomson Reuters.
Investors also put money into high-yield funds, with $42.4
million of net inflows compared to $106.39 million the week
before, and the inflows into exchange-traded funds inched up
to$63.02 million from $62.88 million the prior week.
Retail investors bought 1.6 bonds for every one they sold in
the week ended Feb. 20, a dip from the 1.7 during the previous
week, according to BondDesk Group.
The number of bonds bought totaled 47,592, while the number
of bonds sold was 29,129.