Rieger Report®: Bond ETF Fund Flows

Bond ETF Fund Flows: As of August 31, 2020

Bond ETF assets under management continues to march upward with a total over $1,021billion in assets as of month-end.

As reported by ETF Action:

  • Net bond ETF flows are a positive $141billion year-to-date
  • Broad based bond ETFs remain in vogue as 30-day inflows totaled over $13billion
  • “Risk on” is evident in the high yield bond ETF 30-day inflows of over $6billion
  • Inflation seems to remain a concern for some as TIP ETFs have seen inflows of over $3.6billion in the last 30 days.

Winners year-to-date:

  • Investment grade corporate bond ETFs saw inflows of over $49.7billion year-to-date
  • Broad based bond ETFs have attracted over $37.7billion
  • High yield corporate bond ETFs have seen inflows of over $21billion

Laggards year-to-date:

  • Senior loan (Bank Loan) floating rate funds have seen outflows of $2.4billion
  • Long U.S. Treasury bond ETFs have lost over $600million

Source: ETF Action. Data as 8/31/2020.

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 8/31/2020.

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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