Rieger Report®: Bond ETF Fund Flows

Bond ETF Fund Flows: As of May 15, 2020

  • At the halfway point in May, EFTAction data shows more volatility in the fund flows for bond ETFs. Assets Under Management (AUM) of fixed income ETFs ended at $897billion up from $888billion at the end of April.
  • As reported by ETF Action:
    • During the last five business days bond ETFs have gained $3.3billion in flows
    • Net flows for the year are a positive $44billion
    • Winners year-to-date:
      • U.S. Treasury bond funds are up over $26billion in AUM year-to-date
      • Investment grade corporate bond ETFs saw inflows of over $13billion
      • High yield bond ETFs saw inflows of over $6billion
    • Outflow leaders year-to-date:
      • U.S. Treasury inflation linked ETFs have seen outflows of over $3.4billion
      • Senior loan (Bank Loan) floating rate funds have seen outflows of $2.7billion

Source: ETF Action. Data as 5/15/2020.

Bond ETF Assets Under Management

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Source: ETF Action. Table is provided for illustrative purposes only. Past performance is not a guarantee of future results. (1) Not all ETFs or asset classes represented here. (2) Excluding floating rate. FactSet classifications are used. Data as 5/15/2020.

Data Resources Used in this Report:

Analyst Disclosure:

  • At the time of this writing, JR Rieger’s fixed income related holdings include investment grade individual municipal bonds, insured municipal bonds, a municipal bond money market fund and a position in the VanEck Vectors High-Yield Municipal Index ETF (HYD).

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