NEW YORK, May 19 (Reuters) - Big outflows from equity
exchange-traded funds overwhelmed actively managed stock mutual
funds in the week ended May 18, while municipal bond funds
extended their outflow streak, data from Thomson Reuters Lipper
showed on Thursday.
Overall, U.S.-domiciled equity funds suffered nearly $6 billion in net outflows, with the vast majority bleeding out of domestic-focused equities.
All taxable bond funds, however, extended their inflow streak, pulling in an extra $4.9 billion in fresh capital.
Municipal bond funds had an outflow of $108 million, extending the outflow streak to 27 weeks for a cumulative $34.4 billion in net redemptions since mid-November.
The weekly Lipper fund flow data is compiled from reports issued by U.S.-domiciled mutual funds and exchange-traded funds.
The following is a broad breakdown of the flows for the week, including exchange-traded funds (in $ billions):
Sector Flow Change Total Share
Change in Assets Assets Class
(pct) Count ============================================================== All Equity Funds -5.983 -0.21 2,808.930 10,028 - Domestic Equities -5.430 -0.26 2,078.261 7,639 - Non-Domestic Equities -0.553 -0.07 730.669 2,389 All Taxable Bond Funds 4.858 0.36 1,342.753 4,170 All Money Market Funds -9.354 -0.37 2,503.302 1,529 All Municipal Bond Funds -0.108 -0.03 316.038 1,577
(Reporting by Daniel Bases; Editing by Leslie Adler) Keywords: INVESTING FUNDFLOWS/LIPPER (daniel.bases@thomsonreuters.com; +1-646-223-6131; Reuters Messaging: daniel.bases.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Overall, U.S.-domiciled equity funds suffered nearly $6 billion in net outflows, with the vast majority bleeding out of domestic-focused equities.
All taxable bond funds, however, extended their inflow streak, pulling in an extra $4.9 billion in fresh capital.
Municipal bond funds had an outflow of $108 million, extending the outflow streak to 27 weeks for a cumulative $34.4 billion in net redemptions since mid-November.
The weekly Lipper fund flow data is compiled from reports issued by U.S.-domiciled mutual funds and exchange-traded funds.
The following is a broad breakdown of the flows for the week, including exchange-traded funds (in $ billions):
Sector Flow Change Total Share
Change in Assets Assets Class
(pct) Count ============================================================== All Equity Funds -5.983 -0.21 2,808.930 10,028 - Domestic Equities -5.430 -0.26 2,078.261 7,639 - Non-Domestic Equities -0.553 -0.07 730.669 2,389 All Taxable Bond Funds 4.858 0.36 1,342.753 4,170 All Money Market Funds -9.354 -0.37 2,503.302 1,529 All Municipal Bond Funds -0.108 -0.03 316.038 1,577
(Reporting by Daniel Bases; Editing by Leslie Adler) Keywords: INVESTING FUNDFLOWS/LIPPER (daniel.bases@thomsonreuters.com; +1-646-223-6131; Reuters Messaging: daniel.bases.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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