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LIpper: Municipal Bond Fund Performance And Estimated Net Flows For April 2018

FYI: Municipal debt funds declined 0.25% on average for the month of April after rising 0.35% for March. Single-state municipal debt funds declined 0.31% on average for April, while general & insured municipal debt funds mitigated losses slightly better, declining 0.28%. Thomson Reuters Lipper’s High Yield Municipal Debt Funds classification (+0.04%) posted the only plus-side return in the municipal debt funds universe (ex-municipal money market funds, which on average were up 0.10% for the month). The Massachusetts Municipal Debt Funds classification suffered the largest decline for the month, losing 0.42% on average.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2018/05/mmd-survey-forward-rate-survey-suggests-continued-performance-but-street-turns-slightly-neutral/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_Funds_Weekly_21May2018
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