Taxable Bond Funds And ETFs Attract The Largest Long-Term Net Inflows For The Week – Investing.com

Taxable Bond Funds And ETFs Attract The Largest Long-Term Net Inflows For The Week – Investing.com

Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the fifth week in a row, injecting a net $17.5 billion, for Refinitiv Lipper’s fund-flows week ended Nov. 17, 2021. Fund investors were net purchasers of money market funds (+$11.9 billion), taxable bond funds (+$4.7 billion), and tax-exempt fixed income funds (+$1.4 billion), while being net redeemers of equity funds (-$465 million) for the week.

Markets remained range bound during the fund-flows week as investors continued to cheer strong Q3 earnings reports and a better-than-expected October report, while keeping a keen eye on , supply chain disruptions, prices, and interest rates. The broad-based indices remained within striking distance of new highs but ended the week generally flat—except for the , which benefitted from a late retreat in Treasury yields and a subsequent rally in large-cap technology stocks.