Thornburg Investment Management Co-Head of Investments Jeff Klingelhofer in The Bond Buyer

Mutual fund inflows drop 82%, but ETFs rise

Municipals continued on the unchanged path with sparse trading and no primary to speak of for guidance, keeping the asset class in idle mode to end 2021.

The Investment Company Institute reported $91 million of inflows into municipal bond mutual funds in the week ending Dec. 15, down from $517 million in the previous week.

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