Retail cash inflows to bank loan mutual funds and exchange-traded funds totaled $804 million for the week ended Jan. 22, according to Lipper, a division of Thomson Reuters.
That total is down from inflows of $1.05 billion last week, but it extends the net inflow streak to 84 weeks with a total of $62.3 billion over that span.
The four-week trailing average rises to $726 million, from $692 million last week, and $555 million two weeks ago.
ETF flows were $73 million, or 9% of the total this past week, up from 6% of flow last week.
Year-to-date inflows total $2.9 billion, of which $306 million were ETF-related, or 11% of the sum. In the comparable year-ago period, inflows were $2.3 billion, 14% of which were tied to ETFs.
Last year’s full-year inflow totaled $52.3 billion, of which 10% was tied to ETFs.
The change due to market conditions was $41 million in the past week, essentially the same as the previous week. Total assets stood at $105 billion at the end of the observation period, with ETFs comprising $7.6 billion of the total, or approximately 7%. – Matt Fuller