Bond ETF Fund Flows: As of July 15, 2020
- The last 30 days have seen investor sentiment shift towards “risk-on” attitudes as well as inflation concerns. Overall, bond ETFs have continued to collect assets as fixed income ETFs ended June at $985billion (up from $965billion at month-end June).
- As reported by ETF Action:
- Net flows for the year for bond ETFs are a positive $111billion
- Risk-on shift is evident as high yield bond ETFs saw 30-day inflows of over $1.37billion
- Inflation seems to be a concern as TIP ETFs have seen inflows of over $4billion in the last 30 days.
- Winners year-to-date:
- U.S. Treasury bond and investment grade corporate bond ETFs saw inflows of over $25billion in each category
- High yield corporate bond ETFs have seen inflows of over $14billion
- Investment grade municipal bond ETFs are up over $5.8billion in assets
- Outflow leaders year-to-date:
- Senior loan (Bank Loan) floating rate funds have seen outflows of $2.7billion
- Long U.S. Treasury bond ETFs have lost assets totaling over $149million
Source: ETF Action. Data as 7/15/2020.
Bond ETF Assets Under Management
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 7/15/2020.
Data Resources Used in this Report:
- ETF Action: www.etfaction.com
- 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).