QYLD - Investors Sour On Domestic Equity ETFs And Conventional Funds In April
- For the fourth straight month, mutual fund investors were net redeemers of fund assets, withdrawing $159.7 billion from conventional funds for April.
- Fixed income funds (-$43.5 billion for April) witnessed net outflows for the fifth month in a row, while money market funds (-$70.6 billion) handed back money for the third month in four.
- For the thirteenth straight month, investors were net sellers of stock & mixed-assets funds (-$45.6 billion).
- APs were net redeemers of ETFs, withdrawing $4.1 billion for April—the first monthly net redemption in 32.
- And, for the third month in a row, fixed income ETFs (+$8.9 billion for April) witnessed net inflows while investors were net redeemers of stock & mixed-assets ETFs (-$13.0 billion), their first monthly redemption in 26.
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Investors Sour On Domestic Equity ETFs And Conventional Funds In April