US-based bond funds post inflows of $1.42 bln in latest week -ICI
August 20, 2014 at 11:50 AM EDT
By Sam Forgione NEW YORK, Aug 20 (Reuters) - Investors in U.S.-based mutual funds poured money back into bond funds in the week ended Aug. 13, mostly into municipal bond funds, following their biggest weekly outflows in nearly a year, data from the Investment Company Institute showed on Wednesday. Bond funds had estimated inflows of $1.42 billion in the latest reporting week, compared with estimated outflows of $8.20 billion the previous week. Taxable bond funds attracted estimated inflo