(by Fiona Mitchell)

U.S. junk bond mutual funds and stock mutual funds saw inflows of $127.9 million and $2.2 billion respectively. Municipal bond funds faced $23 million of net outflows.

The former’s total returns percentage point was accounted for 5.16% making junk bonds best performing U.S. bond sector. The latter said that 71% of the inflows were placed in the domestic stock funds.

In the week ended September 8, U.S. municipal bond funds reported $23 million of net outflows. Its prior week inflow figure accounts for $91 million.