High yield bond funds took in nearly $1 billion for the week ending July 28 for the third largest weekly inflow of the year, according to a report published by Lipper FMI.
Inflows are strong….How are prices doing? Can you say “Slow Rollover!”
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Both of these ETF’s are lower in price compared to their highs of eary January, despite fund flows being very strong! If prices are falling, when inflows are huge, are older shareholders selling to new investors?