Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

M*: Investors Flee To Fixed Income: Pimco Income Fund Takes In $2.1 Billion In July

FYI: Long-term funds collected $26.7 billion in July, a drop from June's $46.1 billion. Net flows went overwhelmingly to taxable-bond, municipal-bond, and money market funds. Amid the first Federal Reserve rate cut since 2008, money market funds took in a robust $76 billion. They collected about $202.0 billion over the past three months alone, the strongest three-month stretch in at least 10 years.
Regards,
Ted
https://www.morningstar.com/articles/942478/investors-flee-to-fixed-income
Sign In or Register to comment.