High-Yield Bond MFs Get $209.8M In A Week

Mutual funds focused on high-yield bonds witnessed inflows of $209.8 million in the week ended September 15.

Mutual funds focused on high-yield bonds witnessed inflows of $209.8 million in the week ended September 15, The Wall Street Journal reports. According to Thomson Reuters’ unit Lipper, last week inflows totaled $576.5 million. Outflow for the previous five consecutive weeks were $4.9 billion. The third week of June saw a record outflow of $3.43 billion, while the month’s total outflows stood at approximately $6 billion.

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