real-time news and commentary for investors
Friday, Aug 16
12th straight week of outflows for muni bond funds
- Municipal bond mutual funds and ETFs saw net outflows of $1.2B in the week ended August 14, according to Lipper, even as taxable bond funds continued their recovery, pulling in $1.3B.
- Previous: Munis shudder over Detroit (and others).
- Related ETFs: MUB, SUB, MUNI, PVI, PZA, SHM, TFI, VRD, HYD, ITM, MLN, PRB, SMB, GMMB, SMMU, RVNU, NY.