Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Muni Funds Raking in Assets Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, September 21, 2009

Muni Funds Raking in Assets

News summary by MFWire's editors

Inflows into muni funds are helping provide liquidity for state and local governments despite current low yields, reports the Bond Buyer. The trade paper adds that flows into muni funds hit $1.51 billion for the week ending September 16 based on data collected by Lipper FMI. So far this year flows into muni funds have hit a record $56.4 billion.

Lipper FMI's data is a continuation of the data series collected by AMG Data since the early 1990s. Lipper purchased AMG Data last month.

Last week's flows into muni funds were the highest since AMG Data began tracking the data nearly two decades ago. The prior four-week average high had been $1.37 billion.

The flows into muni funds are coming largely from investors pulling cash out of money market funds, according to the article. 

Edited by: Sean Hanna, Editor in Chief


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use