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Lipper: Ultra-Short Obligation Funds Take In Net New Money At A Record Setting Pace

TedTed
in The Bullpen
FYI: Lipper’s Ultra-Short Obligation Funds (USO) peer group continued to experience positive net flows with the yield curve and interest rate risk being contributing factors. Funds in the USO classification have had net inflows for 39 straight weeks which have grown its coffers by $36.6 billion. This run brings the group’s year to date net inflows to +$54.4 billion, which more than doubles their next largest annual net positive flow of +$24.7 billion during 2017. The volume of the net inflows have intensified since Q2 with the fourteen largest weekly net inflows in the group’s history (Lipper tracks this data back to 1992) occurring since July of this year, with the largest being the +$2.5 billion for the fund-flows week ended November 21, 2018. Of note, the only consecutive net inflow streak for USO funds that was longer than the current one occurred from August 2006 through July 2007 (50 weeks). While longer in duration the previous streak was less intense as it took in only +$5.6 billion total compared to the current +$36.6 billion.
Regards,
Ted
https://lipperalpha.financial.thomsonreuters.com/2018/12/ultra-short-obligation-funds-take-in-net-new-money-at-a-record-setting-pace/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_10Dec2018&elqTrackId=DB2F5AE62CD5AF31E696CBA6B6483026&elq=86b0e025188a4d4cb7e844ce6fb8b9dc&elqaid=38702&elqat=1&elqCampaignId=166
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