High-yield bond funds took in nearly $1 billion for the week ending July 28 for the 3rd largest weekly inflow of the year, according to a report published by Lipper FMI.
Junk bonds funds took in $976 million for the week ending July 28, the third straight week of inflows. This brings the 4-week average to almost $700 million, the largest since May 2009.
High-yield funds have taken in a total of $3.64 billion for the year and have had positive flows for 5 of the last 7 weeks.
High-yield funds have taken in a total of $3.64 billion for the year and have had positive flows for 5 of the last 7 weeks.
No comments:
Post a Comment