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US stock funds post $9.3 billion weekly outflow: Lipper

August 20, 2020 3:41 PM EDT

(Reuters) - U.S.-based equity mutual funds shed $9.3 billion in the week ended Wednesday, the largest outflow in nine weeks, according to Lipper.

U.S. taxable bond funds attracted $5.9 billion, the nineteenth inflow in a row, while money market funds shed $11.4 billion in the latest week, according to data provided by Lipper on Thursday.

Municipal bond funds attracted $1.8 billion, the fifteenth straight weekly inflow.

(Reporting by Alden Bentley; Editing by Chris Reese)



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