Muni Catchup 6/9
Funds are Flowing into Munis
The Fed released the quarterly Flow of Funds Report today, and it shows that in Q1 2016, funds flowed into munis.
- Household ownership +$11.5 billion
- Mutual Fund ownership +$24.7 billion
- ETFs +$1.8 billion
- Non-U.S. ownership +$2.0 billion
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Have a great rest of the day!
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