October 2019 Bond ETF Flow Report

What are the Bond ETF Flows Telling Us?

  • October saw bond related ETFs see net inflows of over $14.9billion indicating a relatively risk off environment.
  • Government and broad fixed income ETFs raked in most of that with a total of over $8.6billion flowing into those broad categories.
  • Other asset classes attracting assets include:
    • Municipal bond ETFs gained $1.1billion
    • Corporate bond ETFs gained over $3.5billion
    • MBS ETFs continue to grow with an additional $1.37billion in assets being added.
  • Notable flows:
    • iShares U.S. Government (GOVT): +$1.1billion
    • iShares iBoxx $ Investment Grade Corporate (LQD): -$426million
    • iShares National Municipal Bond (MUB): +$307million
    • Vanguard Tax-Exempt Municipal Bond (VETB): +$214million

Bond ETF Flows October 2019: As of 7/28/2019

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Note: Not all fixed income asset classes are represented here.

Source: First Bridge Data. Table is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as of 10/31/2019.

Top Five Inflows

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Bottom Five Outflows

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Source: First Bridge Data. Table is provided for illustrative purposes only. Past performance is not a guarantee of future results. Data as of 10/31/2019. 

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