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US High Yield Bond Funds See $2.7B Retail Cash Withdrawal


us high funds

U.S. high-yield funds recorded an outflow of roughly $2.7 billion for the week ended Feb. 7, according to weekly reporters to Lipper only. This follows last week’s exit of about $1.7 billion and marks the fourth consecutive week of outflows, for a total of $8.7 billion over that span.

This week’s exit was fairly evenly split with a $1.4 billion outflow from mutual funds, while $1.3 billion exited ETFs.

The year-to-date total outflow from high-yield funds is now at about $5.9 billion.

The four-week trailing average declined to negative $2.2 billion for the period, from negative $825 million last week, and the change due to market conditions this past week was a decrease of $1.7 billion.

Total assets at the end of the observation period were $202.2 billion, indicating the lowest point since November 2016. ETFs account for about 23.5% of the total, at $47.6 billion. — James Passeri

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US High Yield Bond Funds See $1.1B Investor Cash Withdrawal

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U.S. high-yield funds recorded an outflow of roughly $1.1 billion for the week ended Jan. 24, according to weekly reporters to Lipper only. This week’s outflow follows last week’s exit of roughly $3.1 billion, and brings the total outflow from high-yield funds so far this year to about $1.4 billion.

ETFs made up the bulk of this week’s outflow, with an exit of roughly $621 million, while $510 million was pulled out of mutual funds.

The four-week trailing average widened to negative $342 million, from negative $119.5 million last week.

The change due to market conditions this past week was an increase of $123.5 million. Total assets at the end of the observation period were $207.8 billion. ETFs account for about 24% of the total, at $50.3 billion. — James Passeri

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After Big Inflow, US High Yield Funds See $3.1B Investor Cash Withdrawal

high yield bond flows

U.S. high-yield funds recorded an outflow of roughly $3.1 billion for the week ended Jan. 17, according to weekly reporters to Lipper only.

This week’s outflow follows an inflow of $2.65 billion last week, and puts the total outflow so far this year at about $238 million.

ETFs accounted for roughly $2 billion of this week’s outflow, while $1.1 billion exited mutual funds.

The four-week trailing average swung to negative $120 million, from positive $371 million last week.

The change due to market conditions this past week was an increase of $316 million. Total assets at the end of the observation period were $208.8 billion. ETFs account for about 24% of the total, at $50.8 billion. — James Passeri

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Risk-On: US High Yield Bond Funds See $2.65B Investor Cash Inflow

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U.S. high-yield funds recorded an inflow of roughly $2.65 billion for the week ended Jan. 10, according to weekly reporters to Lipper only, marking the largest such inflow since December 2016. This follows last week’s inflow of $186 million, indicating a total inflow to high-yield funds of about $2.8 billion so far in 2018.

Mutual funds made up the bulk of this week’s inflow, taking in roughly $1.5 billion, while about $1.2 billion entered ETFs. This marks the largest inflow to mutual funds since roughly $1.9 billion for the week ended Dec. 14, 2016.

The four-week trailing average rose to positive $371 million, from negative $522 million last week, snapping a streak of ten consecutive weeks in the red.

The change due to market conditions this past week was an increase of $226 million. Total assets at the end of the observation period were $211.6 billion. ETFs account for about 25% of the total, at $52.8 billion. — James Passeri

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US High Yield Funds See Massive $4.4 Billion Cash Withdrawal

US high yield fund flows

U.S. high-yield funds recorded an outflow of $4.4 billion for the week ended Nov. 15, according to weekly reporters to Lipper only.

Mutual funds made up the bulk of this week’s outflow, at $2.6 billion, while $1.8 billion exited ETFs.

The year-to-date total outflow is now roughly $13 billion, with a $14.7 billion outflow from mutual funds outweighing a roughly $1.7 billion inflow to ETFs.

The four-week trailing average is in the red for the third straight week, widening to negative $1.5 billion from negative $536 million last week.

The change due to market conditions this past week was a decrease of $1.9 billion. Total assets at the end of the observation period were $206.6 billion. ETFs account for about 24% of the total, at roughly $50 billion. — James Passeri

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US High Yield Funds See Cash Inflow Courtesy Big ETF Gain

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U.S. high-yield funds recorded an inflow of $122 million for the week ended Oct. 25, according to weekly reporters to Lipper only. This comes on the heels of last week’s outflow of $450 million.

ETFs drove the action this week with an inflow of $530 million, while $407 million exited mutual funds.

The four-week trailing average fell to positive $321 million from positive $399 million last week, and has now remained in the black for six consecutive weeks.

The year-to-date total outflow is now $6.7 billion, with an $11.6 billion outflow from mutual funds outweighing a $4.9 billion inflow to ETFs.

The change due to market conditions this past week was a decrease of $216 million, snapping a streak of eight consecutive weeks of increases. Total assets at the end of the observation period were $215 billion. ETFs account for about 25% of the total, at $53.8 billion. — James Passeri

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US High Yield Bond Funds See $450M Investor Cash Withdrawal

Investors withdrew $450 million from U.S. high-yield funds this week, ending a four-week run of inflows totaling nearly $3 billion, according to Lipper. With the recent activity, the four-week average dips to a $399 million inflow, down from $728 million a week ago.

high yield fund flowsHigh-yield funds proper took most of the hit during the week, with a $281 million outflow, while ETFs saw a $169 million withdrawal.

Year-to-date, U.S. high-yield funds and ETFs have seen $6.8 billion of outflows, thanks to the funds, which have been hit with $11.2 billion of withdrawals so far in 2017. High-yield ETFs have seen $4.3 billion of inflows.

The change due to market conditions during the week was positive $169 million, marking the eighth straight advance. Total assets at the end of the observation period are $212.2 billion, with ETFs accounting for $53.3 billion of that. — Staff reports

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Investors Pour $967M into US High Yield Funds

US high yield fund flows

U.S. high-yield funds recorded an inflow of $966.8 million for the week ended Oct. 11, according to weekly reporters to Lipper only. This week’s result is the largest of the current four-week inflow streak and brings the total over that span to $2.9 billion.

ETFs led the way with $847 million, accounting for 88% of the total, while mutual funds recorded their largest inflow in five weeks, at $119.7 million.

With this result, the four-week trailing average rises to $727.7 million, the highest level since the first week of the year, from $462 million last week.

The year-to-date total outflow is $6.37 billion. A $4.52 billion year-to-date inflow for ETFs is far outweighed by $10.9 billion leaving mutual funds so far in 2017.

The change due to market conditions last week was positive $135.3 million, marking the seventh straight increase, the longest run since February. Total assets at the end of the observation period were $215.4 billion. ETFs account for about 25% of the total, at $53.4 billion. — Jon Hemingway

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US High Yield Bond Funds See $433M Investor Cash Inflow

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U.S. high-yield funds this week saw a $433 million cash inflow from retail investors, following up on an $866 million inflow last week, according to Lipper.

This week’s gain puts the four-week moving average at $461 million, up from $284 million a week ago. ETFs are entirely responsible for the inflow, as investors poured $590 million into those entities this week, while withdrawing $157 million from high-yield funds proper.

The change due to market conditions was $137 million to the upside (a 0.7% increase); it is the fifth-straight gain from market conditions, totaling $2.2 billion over that span.

High-yield fund assets now total $213 billion, with $51.7 billion via ETFs, or 24% of the total. — Staff reports

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Investors Pour $866M into US High Yield Bond Funds

high yield fund flows

U.S. high-yield funds saw an $866 million inflow of investor cash this week, the largest gain since the whopping $2.2 billion in mid-July, according to Lipper. ETFs were the story this week, accounting for $852 million of the increase.

With this week’s inflows, the four-week moving average returns to the black, at $284 million, versus negative $186 million last week. In the year to date, of course, high-yield funds remain heavily in the red, with a net outflow of $8.4 billion.

The change due to market conditions was a healthy $463 million this week, the fourth straight gain in this category. Total assets now are $206.6 billion, with ETFs accounting for $51 billion of that amount, according to Lipper. — Staff reports

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