Muni Catchup 6/9
by Pat Luby
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
A more detailed analysis will be published tonight. If you’re not already signed up, subscribe now to get e-mail announcements sent to your inbox. No spam.
Have a great rest of the day!
The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice–this is NOT investment advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.