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Lipper: Despite New Market Highs, Investors Still Gravitate Toward Fixed Income Funds

FYI: The average equity fund has returned 16.13% year to date through April 30, 2019. However, investors continue to be net redeemers of equity funds (-$5.4 billion) while padding the coffers of taxable bond funds (+$107.9 billion), municipal bond funds (+$31.3 billion), and money market funds (+$7.7 billion).
Regards,
Ted
http://lipperalpha.refinitiv.com/2019/05/despite-new-market-highs-investors-still-gravitate-toward-fixed-income-funds/
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