ICI's latest "Estimated Long-Term Mutual Fund Flows" shows that bond funds continue to see substantial outflows. It explains, "Total estimated inflows to long-term mutual funds were $1.16 billion for the week ending Wednesday, November 13, 2013, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.... Bond funds had estimated outflows of $7.57 billion, compared to estimated outflows of $4.26 billion during the previous week. Taxable bond funds saw estimated outflows of $6.43 billion, while municipal bond funds had estimated outflows of $1.13 billion." Bond fund assets had declined by $4.3 billion, $2.4 billion, and $5.5 billion the prior three weeks, almost $15 billion in October, and they had declined by four consecutive months prior to October (down $11.3 billion in Sept., $29.1 billion in Aug., $17.1 billion in July, and $59.8 billion in June. Since May 31, bond funds have lost approximately $132 billion in assets, while money fund assets have increased by over $60 billion. See also, FT's "Money market funds are clinging on through low rates".

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September