Bond ETF Fund Flows: As of January 29, 2021
- Bond ETFs reach over $1.1trillion in assets as inflows for January total over $19billion.
- Broad based, investment grade bond ETFs had January inflows of over $13billion and are the leaders in asset collection.
- Investor inflation concerns are reflected in the January inflows of over $3.5billion into TIPS related ETFs.
- Risk-Off? Junk bond ETFs saw January outflows totaling over $3.3billion.
- Senior loans, long the “don’t touch this” asset class, have now seen a resurgence as senior loan yields have been attractive relative to fixed rate junk. Senior loan ETFS have seen a $1.85billion.
- Municipal bond ETFs now total over $67billion in assets as the asset class continues to have strong demand even at low yields.
- Long U.S. Treasury bond ETFs saw outflows of $790million as investors seek less duration risk and more yield elsewhere.
Source: ETF Action. Data as 01/29/2021.
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 01/29/2021.
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 various investment grade & high yield municipal bonds, insured municipal bonds, municipal bond money market funds and a position in the VanEck Vectors High-Yield Municipal Index ETF (HYD).