BlackRock muni ETFs post record weekly inflows after bond rout

Bloomberg · 2 days ago
  • The two largest municipal bond exchange-traded funds recorded their largest weekly inflows ever.
  • The record inflows followed a bond rout that fueled outflows in other municipal bond funds.
  • BlackRock and Vanguard are the issuers of the two largest muni ETFs cited in the report.

Quotes

“The two largest municipal bond exchange-traded funds just recorded their largest weekly inflows ever”— Bloomberg
“shortly after a bond rout fueled outflows in other muni funds”— Bloomberg

Sources