LIPPER WEEKLY U.S. FUND FLOWS VIDEO SERIES – JULY 25, 2012
Published on 27 Jul 2012 by Tom Roseen
Tom Roseen discusses Lipper's U.S. weekly fund flows in the following podcast. For the first week in three, equity funds, excluding ETFs, witnessed net redemptions, losing $2.1 billion, with domestic equity funds suffering $1.9 billion in net redemptions and non-domestic equity funds handing back a little more than $140 million (their first net redemptions in 17 weeks). Dividend paying mutual funds (ex-ETFs) attracted net new money, with equity income funds drawing $233 million and real estate funds taking in $103 million. Despite declining yields and ignoring the quasi-flight to safety toward week end, open-end fund investors injected $1.4 billion into corporate high-yield debt funds and $911 million into corporate investment-grade debt funds. For the fifteenth consecutive week, municipal debt funds experienced net inflows, taking in $0.8 million to their coffers.