ICI's latest "Combined Estimated Long-Term Fund Flows and ETF Net Issuance" shows big outflows in the latest week, their first decline in months and biggest in over a year. They write, "Total estimated outflows from long-term mutual funds and exchange-traded funds (ETFs) were $11.88 billion for the week ended February 14, 2018, the Investment Company Institute reported today. Estimated mutual fund outflows were $6.46 billion while estimated negative net issuance for ETFs was $5.42 billion. Reports of long-term flow estimates and ETF net issuance are available on the ICI website." The ICI explains, "Bond funds had estimated outflows of $12.11 billion for the week, compared to estimated inflows of $7.30 billion during the previous week. Taxable bond funds saw estimated outflows of $11.47 billion, and municipal bond funds had estimated outflows of $640 million." For more on recent trends in the bond fund marketplace, ask us for a free copy of our latest Bond Fund Intelligence newsletter and check out the agenda for our upcoming Bond Fund Symposium, which will be held March 22-23, 2018 at the InterContinental Los Angeles Downtown. (Our first event last year in Boston attracted 150 bond fund managers, marketers, fixed-income issuers, investors and service providers, and we expect our LA show to be even bigger. Registration for Bond Fund Symposium is $750.)