Retail investors poured another $698 million into U.S. high yield funds for the week ended Feb. 27, the fifth straight net inflow totaling $5.64 billion, according to Lipper weekly reporters.
With the recent activity the four-week average is positive $1.4 billion, up slightly from the previous week. The change due to market was positive $810 million.
Since the first full week of January U.S. high yield funds have seen net inflows of $9.7 billion. Assets at these funds now total $200 billion, of which $44.6 billion come via ETFs. — Tim Cross
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