Municipal-bond mutual funds (Muni MFs) received inflows of $296 million in the week ended September 21, according to Lipper FMI, Nasdaq reports. These funds had net inflows of $470 million last week. High-yield muni funds witnessed net inflows of $119 million, as opposed to the previous week’s net inflows of $104 million. Before mid-June, investors had pulled $35.1 billion out of weekly-reporting funds over 29 straight weeks dating back to November last year.
Click here for the story from Nasdaq.