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Lipper: Ultra-Short Obligation Funds Continue Their Hot Streak

TedTed
in The Bullpen
FYI: Lipper’s Ultra-Short Obligation Funds peer group (including both mutual funds and ETFs) took in $2.1 billion in net new money for the fund-flows trading week ended Wednesday, September 11. This was the group’s second-largest weekly net inflow ever (trailing only the $2.5 billion positive net flow for the November 21, 2018 fund-flows week) and its eleventh consecutive weekly net intake. Investor infatuation with this peer group extends way beyond the current quarter as ultra-short obligation funds have experienced only nine weekly net outflows since the start of 2017. This time period spans 141 weeks and equates to a 93.6% success rate in respect to achieving weekly net inflows. As could be expected, this run has led to the group’s two best annual net inflows with $59.7 billion and $25.1 billion, respectively, for 2018 and 2017. The group has grown its coffers by $20.6 billion for the year to date, and will surpass 2017 for the second largest annual net inflow if it continues at this rate.
Regards,
Ted
https://lipperalpha.refinitiv.com/2019/09/ultra-short-obligation-funds-continue-their-hot-streak/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_16Sep2019&elqTrackId=d51976e1d41a4827b40daf6f40ecf32d&elq=8a7dab41a109499aba5ef3e7cfb63d29&elqaid=53395&elqat=1&elqCampaignId=166
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